Shenzhen Sinovatio Technology Co Ltd
SZSE:002912
Income Statement
Earnings Waterfall
Shenzhen Sinovatio Technology Co Ltd
Revenue
|
653.2m
CNY
|
Cost of Revenue
|
-147.6m
CNY
|
Gross Profit
|
505.6m
CNY
|
Operating Expenses
|
-421.3m
CNY
|
Operating Income
|
84.3m
CNY
|
Other Expenses
|
29.9m
CNY
|
Net Income
|
114.2m
CNY
|
Income Statement
Shenzhen Sinovatio Technology Co Ltd
Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||
Revenue |
498
N/A
|
551
+11%
|
599
+9%
|
670
+12%
|
691
+3%
|
699
+1%
|
760
+9%
|
827
+9%
|
905
+9%
|
961
+6%
|
910
-5%
|
919
+1%
|
954
+4%
|
987
+3%
|
957
-3%
|
849
-11%
|
694
-18%
|
596
-14%
|
500
-16%
|
435
-13%
|
436
+0%
|
563
+29%
|
597
+6%
|
634
+6%
|
653
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||
Cost of Revenue |
(107)
|
(131)
|
(135)
|
(162)
|
(152)
|
(168)
|
(183)
|
(176)
|
(173)
|
(179)
|
(175)
|
(205)
|
(228)
|
(226)
|
(257)
|
(249)
|
(221)
|
(216)
|
(170)
|
(137)
|
(155)
|
(165)
|
(166)
|
(180)
|
(148)
|
|
Gross Profit |
391
N/A
|
420
+7%
|
464
+10%
|
507
+9%
|
540
+6%
|
531
-2%
|
577
+9%
|
650
+13%
|
732
+13%
|
782
+7%
|
735
-6%
|
714
-3%
|
727
+2%
|
761
+5%
|
701
-8%
|
600
-14%
|
473
-21%
|
380
-20%
|
330
-13%
|
298
-10%
|
281
-6%
|
398
+42%
|
431
+8%
|
454
+5%
|
506
+11%
|
|
Operating Income | ||||||||||||||||||||||||||
Operating Expenses |
(251)
|
(267)
|
(301)
|
(317)
|
(345)
|
(351)
|
(383)
|
(428)
|
(448)
|
(473)
|
(463)
|
(487)
|
(484)
|
(535)
|
(577)
|
(607)
|
(452)
|
(454)
|
(427)
|
(376)
|
(499)
|
(490)
|
(446)
|
(443)
|
(421)
|
|
Selling, General & Administrative |
(174)
|
(365)
|
(397)
|
(409)
|
(254)
|
(263)
|
(231)
|
(235)
|
(260)
|
(274)
|
(285)
|
(303)
|
(289)
|
(319)
|
(334)
|
(358)
|
(285)
|
(273)
|
(256)
|
(217)
|
(272)
|
(291)
|
(274)
|
(275)
|
(257)
|
|
Research & Development |
(119)
|
0
|
0
|
0
|
(162)
|
(95)
|
(151)
|
(203)
|
(208)
|
(219)
|
(214)
|
(233)
|
(224)
|
(258)
|
(287)
|
(292)
|
(205)
|
(218)
|
(198)
|
(186)
|
(233)
|
(239)
|
(238)
|
(232)
|
(207)
|
|
Depreciation & Amortization |
(5)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(30)
|
|
Other Operating Expenses |
47
|
97
|
95
|
92
|
82
|
8
|
(0)
|
10
|
37
|
20
|
36
|
49
|
52
|
42
|
45
|
43
|
56
|
37
|
28
|
27
|
37
|
41
|
67
|
64
|
72
|
|
Operating Income |
140
N/A
|
153
+9%
|
163
+6%
|
191
+17%
|
195
+2%
|
180
-7%
|
195
+8%
|
222
+14%
|
284
+28%
|
309
+9%
|
273
-12%
|
227
-17%
|
242
+7%
|
226
-7%
|
124
-45%
|
(7)
N/A
|
21
N/A
|
(74)
N/A
|
(97)
-31%
|
(78)
+19%
|
(219)
-180%
|
(92)
+58%
|
(15)
+84%
|
10
N/A
|
84
+722%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||
Interest Income Expense |
1
|
(0)
|
10
|
19
|
26
|
32
|
31
|
34
|
33
|
40
|
39
|
28
|
18
|
16
|
12
|
18
|
3
|
14
|
38
|
61
|
51
|
56
|
56
|
25
|
27
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
1
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
2
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
3
|
3
|
4
|
3
|
3
|
3
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
(1)
|
0
|
(1)
|
(1)
|
0
|
|
Pre-Tax Income |
145
N/A
|
156
+8%
|
176
+13%
|
213
+21%
|
223
+5%
|
214
-4%
|
226
+5%
|
257
+14%
|
310
+21%
|
350
+13%
|
312
-11%
|
256
-18%
|
262
+2%
|
243
-7%
|
138
-43%
|
12
-91%
|
24
+105%
|
(60)
N/A
|
(59)
+2%
|
(16)
+72%
|
(168)
-925%
|
(36)
+78%
|
40
N/A
|
34
-16%
|
114
+235%
|
|
Net Income | ||||||||||||||||||||||||||
Tax Provision |
(12)
|
(13)
|
(17)
|
(19)
|
(19)
|
(19)
|
(17)
|
(32)
|
(15)
|
(17)
|
(15)
|
7
|
(14)
|
(15)
|
(2)
|
23
|
32
|
49
|
54
|
42
|
46
|
28
|
17
|
19
|
0
|
|
Income from Continuing Operations |
132
|
143
|
159
|
193
|
205
|
196
|
209
|
225
|
295
|
334
|
297
|
263
|
248
|
228
|
135
|
34
|
56
|
(11)
|
(5)
|
25
|
(122)
|
(8)
|
57
|
53
|
114
|
|
Net Income (Common) |
132
N/A
|
143
+8%
|
159
+11%
|
193
+22%
|
205
+6%
|
196
-4%
|
209
+7%
|
225
+7%
|
295
+31%
|
334
+13%
|
297
-11%
|
263
-12%
|
248
-6%
|
228
-8%
|
135
-41%
|
34
-75%
|
56
+64%
|
(11)
N/A
|
(5)
+54%
|
25
N/A
|
(122)
N/A
|
(8)
+93%
|
57
N/A
|
53
-8%
|
114
+116%
|
|
EPS (Diluted) |
1
N/A
|
0.83
-17%
|
0.92
+11%
|
1.13
+23%
|
1.2
+6%
|
1.14
-5%
|
1.21
+6%
|
1.3
+7%
|
1.73
+33%
|
1.95
+13%
|
1.74
-11%
|
1.54
-11%
|
1.43
-7%
|
1.3
-9%
|
0.85
-35%
|
0.2
-76%
|
0.33
+65%
|
-0.06
N/A
|
-0.02
+67%
|
0.14
N/A
|
-0.71
N/A
|
-0.05
+93%
|
0.34
N/A
|
0.32
-6%
|
0.67
+109%
|