Suzhou Hengmingda Electronic Technology Co Ltd
SZSE:002947
Income Statement
Earnings Waterfall
Suzhou Hengmingda Electronic Technology Co Ltd
Revenue
|
1.8B
CNY
|
Cost of Revenue
|
-1.2B
CNY
|
Gross Profit
|
556.1m
CNY
|
Operating Expenses
|
-304.7m
CNY
|
Operating Income
|
251.4m
CNY
|
Other Expenses
|
-15m
CNY
|
Net Income
|
236.4m
CNY
|
Income Statement
Suzhou Hengmingda Electronic Technology Co Ltd
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||
Revenue |
477
N/A
|
503
+6%
|
501
0%
|
491
-2%
|
518
+6%
|
548
+6%
|
585
+7%
|
576
-2%
|
590
+2%
|
591
+0%
|
644
+9%
|
724
+13%
|
787
+9%
|
917
+16%
|
1 130
+23%
|
1 269
+12%
|
1 353
+7%
|
1 425
+5%
|
1 548
+9%
|
1 585
+2%
|
1 628
+3%
|
1 789
+10%
|
|
Gross Profit | |||||||||||||||||||||||
Cost of Revenue |
(253)
|
(263)
|
(260)
|
(248)
|
(256)
|
(280)
|
(298)
|
(300)
|
(316)
|
(322)
|
(408)
|
(469)
|
(538)
|
(652)
|
(844)
|
(945)
|
(1 005)
|
(1 042)
|
(1 109)
|
(1 100)
|
(1 132)
|
(1 233)
|
|
Gross Profit |
224
N/A
|
240
+7%
|
240
+0%
|
243
+1%
|
262
+8%
|
268
+2%
|
287
+7%
|
276
-4%
|
275
0%
|
269
-2%
|
236
-12%
|
255
+8%
|
249
-2%
|
265
+6%
|
286
+8%
|
324
+13%
|
348
+7%
|
383
+10%
|
439
+15%
|
485
+11%
|
497
+2%
|
556
+12%
|
|
Operating Income | |||||||||||||||||||||||
Operating Expenses |
(92)
|
(93)
|
(100)
|
(99)
|
(107)
|
(108)
|
(110)
|
(114)
|
(112)
|
(136)
|
(131)
|
(156)
|
(169)
|
(258)
|
(253)
|
(263)
|
(275)
|
(197)
|
(261)
|
(293)
|
(300)
|
(305)
|
|
Selling, General & Administrative |
(67)
|
(64)
|
(72)
|
(78)
|
(77)
|
(83)
|
(81)
|
(73)
|
(80)
|
(91)
|
(95)
|
(107)
|
(108)
|
(200)
|
(192)
|
(191)
|
(191)
|
(108)
|
(173)
|
(191)
|
(194)
|
(200)
|
|
Research & Development |
(28)
|
(32)
|
(24)
|
(25)
|
(24)
|
(23)
|
(29)
|
(32)
|
(36)
|
(39)
|
(36)
|
(42)
|
(48)
|
(52)
|
(53)
|
(58)
|
(59)
|
(65)
|
(68)
|
(72)
|
(73)
|
(76)
|
|
Depreciation & Amortization |
0
|
(1)
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
|
Other Operating Expenses |
4
|
4
|
1
|
6
|
(4)
|
(2)
|
4
|
(9)
|
3
|
(6)
|
5
|
(7)
|
(13)
|
(7)
|
3
|
(14)
|
(25)
|
(23)
|
3
|
(30)
|
(33)
|
(29)
|
|
Operating Income |
132
N/A
|
148
+12%
|
141
-5%
|
144
+2%
|
155
+8%
|
160
+3%
|
177
+11%
|
162
-8%
|
162
+0%
|
133
-18%
|
104
-22%
|
100
-4%
|
80
-20%
|
6
-92%
|
33
+417%
|
61
+83%
|
72
+19%
|
186
+157%
|
177
-5%
|
192
+8%
|
197
+3%
|
251
+27%
|
|
Pre-Tax Income | |||||||||||||||||||||||
Interest Income Expense |
(9)
|
(0)
|
1
|
6
|
7
|
11
|
14
|
35
|
31
|
23
|
18
|
9
|
5
|
9
|
10
|
4
|
33
|
52
|
50
|
46
|
39
|
16
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
(0)
|
3
|
0
|
6
|
10
|
|
Total Other Income |
7
|
6
|
3
|
7
|
7
|
7
|
4
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
1
|
(1)
|
(1)
|
(1)
|
(4)
|
(4)
|
(1)
|
(3)
|
(1)
|
(4)
|
|
Pre-Tax Income |
130
N/A
|
153
+17%
|
145
-5%
|
157
+9%
|
169
+8%
|
178
+5%
|
193
+9%
|
194
+0%
|
191
-2%
|
154
-19%
|
122
-21%
|
108
-11%
|
87
-20%
|
15
-83%
|
43
+189%
|
64
+47%
|
101
+58%
|
234
+132%
|
230
-2%
|
235
+2%
|
242
+3%
|
274
+13%
|
|
Net Income | |||||||||||||||||||||||
Tax Provision |
(20)
|
(23)
|
(19)
|
(21)
|
(23)
|
(23)
|
(27)
|
(27)
|
(26)
|
(21)
|
(17)
|
(14)
|
(11)
|
(12)
|
(14)
|
(17)
|
(22)
|
(32)
|
(37)
|
(36)
|
(36)
|
(38)
|
|
Income from Continuing Operations |
110
|
130
|
126
|
136
|
146
|
155
|
166
|
167
|
165
|
133
|
105
|
94
|
75
|
3
|
30
|
47
|
79
|
202
|
193
|
199
|
206
|
236
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
1
|
1
|
1
|
2
|
1
|
0
|
0
|
1
|
0
|
0
|
|
Net Income (Common) |
110
N/A
|
130
+18%
|
126
-3%
|
136
+8%
|
146
+7%
|
155
+6%
|
166
+7%
|
167
+1%
|
165
-1%
|
133
-19%
|
105
-21%
|
94
-11%
|
77
-18%
|
4
-95%
|
31
+703%
|
48
+55%
|
79
+64%
|
203
+156%
|
193
-5%
|
200
+4%
|
206
+3%
|
236
+15%
|