Qingdao TGOOD Electric Co Ltd
SZSE:300001
Income Statement
Earnings Waterfall
Qingdao TGOOD Electric Co Ltd
Revenue
|
14.1B
CNY
|
Cost of Revenue
|
-11.2B
CNY
|
Gross Profit
|
2.9B
CNY
|
Operating Expenses
|
-2.4B
CNY
|
Operating Income
|
521.6m
CNY
|
Other Expenses
|
-132.5m
CNY
|
Net Income
|
389.1m
CNY
|
Income Statement
Qingdao TGOOD Electric Co Ltd
Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 012
N/A
|
1 353
+34%
|
1 499
+11%
|
1 630
+9%
|
1 853
+14%
|
1 932
+4%
|
2 075
+7%
|
2 186
+5%
|
2 154
-1%
|
3 002
+39%
|
3 417
+14%
|
4 332
+27%
|
4 593
+6%
|
6 109
+33%
|
6 175
+1%
|
6 398
+4%
|
6 805
+6%
|
5 105
-25%
|
5 359
+5%
|
5 123
-4%
|
5 196
+1%
|
5 904
+14%
|
5 780
-2%
|
5 649
-2%
|
6 015
+6%
|
6 739
+12%
|
6 453
-4%
|
7 003
+9%
|
7 351
+5%
|
7 421
+1%
|
8 027
+8%
|
8 159
+2%
|
8 429
+3%
|
9 441
+12%
|
9 898
+5%
|
10 554
+7%
|
10 699
+1%
|
11 630
+9%
|
11 755
+1%
|
12 738
+8%
|
14 148
+11%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(692)
|
(960)
|
(1 078)
|
(1 189)
|
(1 371)
|
(1 401)
|
(1 534)
|
(1 630)
|
(1 594)
|
(2 282)
|
(2 596)
|
(3 330)
|
(3 473)
|
(4 799)
|
(4 901)
|
(5 115)
|
(5 500)
|
(3 811)
|
(4 105)
|
(3 817)
|
(3 843)
|
(4 534)
|
(4 441)
|
(4 294)
|
(4 619)
|
(4 974)
|
(4 845)
|
(5 397)
|
(5 675)
|
(5 832)
|
(6 329)
|
(6 508)
|
(6 802)
|
(7 420)
|
(7 858)
|
(8 338)
|
(8 393)
|
(9 085)
|
(9 261)
|
(10 036)
|
(11 202)
|
|
Gross Profit |
319
N/A
|
393
+23%
|
421
+7%
|
441
+5%
|
482
+9%
|
531
+10%
|
541
+2%
|
556
+3%
|
560
+1%
|
720
+29%
|
821
+14%
|
1 003
+22%
|
1 120
+12%
|
1 310
+17%
|
1 274
-3%
|
1 283
+1%
|
1 306
+2%
|
1 295
-1%
|
1 254
-3%
|
1 307
+4%
|
1 352
+4%
|
1 370
+1%
|
1 339
-2%
|
1 355
+1%
|
1 396
+3%
|
1 766
+26%
|
1 608
-9%
|
1 606
0%
|
1 676
+4%
|
1 589
-5%
|
1 699
+7%
|
1 651
-3%
|
1 627
-1%
|
2 021
+24%
|
2 040
+1%
|
2 216
+9%
|
2 307
+4%
|
2 544
+10%
|
2 495
-2%
|
2 702
+8%
|
2 946
+9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(188)
|
(251)
|
(260)
|
(274)
|
(292)
|
(321)
|
(321)
|
(354)
|
(403)
|
(558)
|
(649)
|
(818)
|
(929)
|
(1 083)
|
(1 061)
|
(1 045)
|
(1 042)
|
(1 000)
|
(923)
|
(898)
|
(925)
|
(1 062)
|
(1 004)
|
(1 088)
|
(1 113)
|
(1 318)
|
(1 312)
|
(1 322)
|
(1 359)
|
(1 376)
|
(1 395)
|
(1 414)
|
(1 424)
|
(1 715)
|
(1 706)
|
(1 802)
|
(1 920)
|
(2 058)
|
(2 104)
|
(2 281)
|
(2 425)
|
|
Selling, General & Administrative |
(170)
|
(203)
|
(232)
|
(248)
|
(266)
|
(252)
|
(274)
|
(295)
|
(343)
|
(435)
|
(576)
|
(703)
|
(814)
|
(871)
|
(958)
|
(1 011)
|
(986)
|
(860)
|
(1 056)
|
(1 018)
|
(1 035)
|
(934)
|
(864)
|
(894)
|
(908)
|
(1 102)
|
(1 120)
|
(1 145)
|
(1 162)
|
(1 103)
|
(1 164)
|
(1 156)
|
(1 175)
|
(1 336)
|
(1 349)
|
(1 438)
|
(1 502)
|
(1 651)
|
(1 642)
|
(1 792)
|
(1 915)
|
|
Research & Development |
0
|
(38)
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
(100)
|
0
|
0
|
0
|
(173)
|
0
|
0
|
(44)
|
(220)
|
0
|
0
|
(62)
|
(193)
|
(138)
|
(208)
|
(202)
|
(285)
|
(292)
|
(293)
|
(326)
|
(348)
|
(355)
|
(357)
|
(356)
|
(400)
|
(432)
|
(458)
|
(509)
|
(429)
|
(447)
|
(464)
|
(484)
|
|
Depreciation & Amortization |
0
|
(9)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
(69)
|
0
|
0
|
0
|
(62)
|
0
|
0
|
0
|
(64)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(18)
|
(1)
|
(28)
|
(26)
|
(26)
|
(2)
|
(47)
|
(59)
|
(60)
|
(3)
|
(73)
|
(115)
|
(115)
|
(9)
|
(103)
|
(33)
|
(12)
|
118
|
133
|
120
|
173
|
107
|
(1)
|
14
|
(3)
|
117
|
101
|
117
|
128
|
144
|
124
|
100
|
108
|
83
|
75
|
94
|
91
|
86
|
(15)
|
(25)
|
(26)
|
|
Operating Income |
131
N/A
|
142
+8%
|
161
+13%
|
167
+4%
|
190
+14%
|
210
+11%
|
220
+5%
|
202
-8%
|
157
-22%
|
163
+3%
|
172
+6%
|
185
+7%
|
191
+4%
|
227
+19%
|
213
-6%
|
238
+12%
|
264
+11%
|
294
+12%
|
330
+12%
|
409
+24%
|
428
+5%
|
308
-28%
|
336
+9%
|
267
-21%
|
283
+6%
|
448
+58%
|
297
-34%
|
284
-4%
|
317
+12%
|
212
-33%
|
304
+43%
|
237
-22%
|
203
-14%
|
306
+51%
|
333
+9%
|
414
+24%
|
387
-7%
|
486
+26%
|
391
-20%
|
421
+8%
|
522
+24%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
(1)
|
(4)
|
(5)
|
(10)
|
(12)
|
(16)
|
(19)
|
(24)
|
(28)
|
(39)
|
(34)
|
(37)
|
(40)
|
(55)
|
(71)
|
(77)
|
(154)
|
(147)
|
(195)
|
(245)
|
(150)
|
(174)
|
(163)
|
(128)
|
(173)
|
(192)
|
(149)
|
(141)
|
(88)
|
(86)
|
(116)
|
(114)
|
(122)
|
(174)
|
(188)
|
(185)
|
(144)
|
(133)
|
(108)
|
(120)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(12)
|
1
|
2
|
1
|
92
|
94
|
81
|
80
|
(1)
|
(7)
|
6
|
9
|
(17)
|
21
|
22
|
24
|
1
|
20
|
15
|
13
|
(26)
|
14
|
20
|
20
|
(80)
|
21
|
22
|
22
|
|
Gain/Loss on Disposition of Assets |
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(3)
|
(2)
|
0
|
0
|
(2)
|
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 |
11
|
13
|
13
|
14
|
17
|
21
|
20
|
40
|
54
|
24
|
25
|
9
|
(4)
|
40
|
41
|
38
|
33
|
62
|
22
|
24
|
24
|
7
|
3
|
2
|
(7)
|
(0)
|
(14)
|
(24)
|
(18)
|
(2)
|
(14)
|
(11)
|
(13)
|
5
|
(17)
|
(11)
|
(8)
|
1
|
(11)
|
(21)
|
(28)
|
|
Pre-Tax Income |
142
N/A
|
154
+8%
|
170
+11%
|
177
+4%
|
197
+12%
|
212
+7%
|
223
+6%
|
222
0%
|
188
-16%
|
159
-16%
|
158
-1%
|
157
0%
|
149
-5%
|
215
+45%
|
200
-7%
|
206
+3%
|
221
+8%
|
294
+33%
|
300
+2%
|
318
+6%
|
288
-9%
|
164
-43%
|
158
-4%
|
112
-29%
|
157
+40%
|
258
+64%
|
111
-57%
|
133
+20%
|
182
+36%
|
123
-32%
|
224
+82%
|
124
-44%
|
90
-27%
|
164
+81%
|
157
-4%
|
236
+50%
|
213
-10%
|
264
+24%
|
267
+1%
|
314
+18%
|
395
+26%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(21)
|
(26)
|
(29)
|
(31)
|
(35)
|
(33)
|
(36)
|
(34)
|
(31)
|
(22)
|
(24)
|
(31)
|
(27)
|
(21)
|
(18)
|
(22)
|
(44)
|
(69)
|
(58)
|
(47)
|
(16)
|
24
|
12
|
35
|
25
|
(13)
|
11
|
10
|
8
|
27
|
24
|
37
|
25
|
14
|
5
|
(44)
|
(24)
|
(15)
|
(1)
|
21
|
16
|
|
Income from Continuing Operations |
122
|
128
|
141
|
146
|
163
|
179
|
188
|
189
|
157
|
136
|
133
|
126
|
122
|
194
|
182
|
184
|
177
|
225
|
241
|
271
|
272
|
188
|
169
|
147
|
182
|
245
|
123
|
143
|
190
|
150
|
248
|
161
|
116
|
178
|
162
|
192
|
189
|
249
|
266
|
336
|
411
|
|
Income to Minority Interest |
(11)
|
(9)
|
(8)
|
(6)
|
(9)
|
(20)
|
(18)
|
(15)
|
(7)
|
9
|
18
|
29
|
38
|
57
|
75
|
75
|
87
|
53
|
38
|
28
|
10
|
(9)
|
(11)
|
(6)
|
9
|
25
|
39
|
55
|
44
|
23
|
13
|
26
|
19
|
10
|
33
|
18
|
29
|
23
|
9
|
(11)
|
(22)
|
|
Net Income (Common) |
111
N/A
|
118
+7%
|
133
+13%
|
139
+5%
|
153
+10%
|
159
+4%
|
170
+7%
|
173
+2%
|
150
-14%
|
146
-3%
|
152
+4%
|
156
+3%
|
159
+2%
|
252
+58%
|
257
+2%
|
259
+1%
|
265
+2%
|
278
+5%
|
280
+0%
|
299
+7%
|
282
-6%
|
179
-37%
|
158
-12%
|
140
-11%
|
191
+36%
|
270
+42%
|
161
-40%
|
198
+23%
|
234
+18%
|
173
-26%
|
261
+51%
|
187
-28%
|
134
-28%
|
187
+39%
|
196
+5%
|
210
+7%
|
219
+4%
|
272
+25%
|
275
+1%
|
324
+18%
|
389
+20%
|
|
EPS (Diluted) |
0.12
N/A
|
0.13
+8%
|
0.15
+15%
|
0.34
+127%
|
0.17
-50%
|
0.18
+6%
|
0.19
+6%
|
0.2
+5%
|
0.17
-15%
|
0.16
-6%
|
0.16
N/A
|
0.15
-6%
|
0.15
N/A
|
0.25
+67%
|
0.26
+4%
|
0.27
+4%
|
0.28
+4%
|
0.28
N/A
|
0.29
+4%
|
0.31
+7%
|
0.29
-6%
|
0.18
-38%
|
0.17
-6%
|
0.14
-18%
|
0.19
+36%
|
0.27
+42%
|
0.17
-37%
|
0.21
+24%
|
0.25
+19%
|
0.17
-32%
|
0.26
+53%
|
0.19
-27%
|
0.13
-32%
|
0.18
+38%
|
0.19
+6%
|
0.21
+11%
|
0.21
N/A
|
0.26
+24%
|
0.26
N/A
|
0.31
+19%
|
0.37
+19%
|