Hunan Zhongke Electric Co Ltd
SZSE:300035
Income Statement
Earnings Waterfall
Hunan Zhongke Electric Co Ltd
Revenue
|
5B
CNY
|
Cost of Revenue
|
-4.4B
CNY
|
Gross Profit
|
654.5m
CNY
|
Operating Expenses
|
-680m
CNY
|
Operating Income
|
-25.5m
CNY
|
Other Expenses
|
-92.7m
CNY
|
Net Income
|
-118.2m
CNY
|
Income Statement
Hunan Zhongke 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 |
249
N/A
|
256
+3%
|
257
+1%
|
245
-5%
|
219
-10%
|
207
-6%
|
185
-11%
|
191
+3%
|
180
-6%
|
167
-7%
|
162
-3%
|
159
-2%
|
163
+3%
|
163
0%
|
188
+16%
|
246
+31%
|
319
+30%
|
421
+32%
|
470
+12%
|
509
+8%
|
568
+12%
|
619
+9%
|
702
+13%
|
767
+9%
|
821
+7%
|
929
+13%
|
907
-2%
|
893
-2%
|
947
+6%
|
974
+3%
|
1 135
+17%
|
1 432
+26%
|
1 721
+20%
|
2 194
+27%
|
2 724
+24%
|
3 404
+25%
|
4 551
+34%
|
5 257
+16%
|
5 440
+3%
|
5 458
+0%
|
5 034
-8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(148)
|
(146)
|
(149)
|
(141)
|
(130)
|
(122)
|
(111)
|
(112)
|
(106)
|
(107)
|
(94)
|
(90)
|
(85)
|
(84)
|
(102)
|
(146)
|
(203)
|
(264)
|
(307)
|
(333)
|
(371)
|
(386)
|
(425)
|
(450)
|
(472)
|
(562)
|
(571)
|
(574)
|
(620)
|
(616)
|
(729)
|
(936)
|
(1 165)
|
(1 568)
|
(1 998)
|
(2 604)
|
(3 601)
|
(4 330)
|
(4 592)
|
(4 703)
|
(4 379)
|
|
Gross Profit |
101
N/A
|
109
+9%
|
109
0%
|
104
-5%
|
89
-14%
|
85
-5%
|
74
-13%
|
79
+7%
|
74
-6%
|
60
-19%
|
67
+12%
|
69
+3%
|
78
+13%
|
79
+1%
|
87
+9%
|
101
+16%
|
117
+16%
|
156
+34%
|
163
+4%
|
176
+8%
|
197
+12%
|
233
+18%
|
277
+19%
|
317
+14%
|
349
+10%
|
367
+5%
|
336
-9%
|
319
-5%
|
327
+3%
|
358
+9%
|
407
+14%
|
496
+22%
|
556
+12%
|
626
+12%
|
726
+16%
|
800
+10%
|
950
+19%
|
926
-2%
|
848
-8%
|
756
-11%
|
655
-13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(67)
|
(76)
|
(73)
|
(74)
|
(74)
|
(75)
|
(64)
|
(69)
|
(70)
|
(55)
|
(63)
|
(61)
|
(61)
|
(67)
|
(65)
|
(66)
|
(73)
|
(98)
|
(101)
|
(102)
|
(102)
|
(149)
|
(111)
|
(133)
|
(151)
|
(177)
|
(165)
|
(159)
|
(159)
|
(167)
|
(172)
|
(196)
|
(202)
|
(196)
|
(188)
|
(200)
|
(261)
|
(417)
|
(640)
|
(672)
|
(680)
|
|
Selling, General & Administrative |
(62)
|
(52)
|
(62)
|
(63)
|
(63)
|
(54)
|
(60)
|
(62)
|
(58)
|
(38)
|
(50)
|
(48)
|
(50)
|
(53)
|
(55)
|
(61)
|
(70)
|
(73)
|
(108)
|
(99)
|
(93)
|
(85)
|
(77)
|
(97)
|
(109)
|
(135)
|
(123)
|
(116)
|
(117)
|
(121)
|
(127)
|
(151)
|
(156)
|
(129)
|
(123)
|
(125)
|
(141)
|
(209)
|
(220)
|
(231)
|
(242)
|
|
Research & Development |
0
|
(17)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
(8)
|
(34)
|
(31)
|
(43)
|
(50)
|
(47)
|
(54)
|
(60)
|
(61)
|
(55)
|
(71)
|
(74)
|
(77)
|
(92)
|
(105)
|
(115)
|
(157)
|
(206)
|
(258)
|
(292)
|
(294)
|
|
Depreciation & Amortization |
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(5)
|
(1)
|
(12)
|
(11)
|
(11)
|
(0)
|
(5)
|
(8)
|
(12)
|
(1)
|
(13)
|
(13)
|
(12)
|
(0)
|
(10)
|
(5)
|
(3)
|
13
|
7
|
(3)
|
(1)
|
(17)
|
(3)
|
7
|
9
|
11
|
13
|
17
|
20
|
24
|
27
|
29
|
31
|
40
|
40
|
39
|
37
|
24
|
(161)
|
(148)
|
(144)
|
|
Operating Income |
33
N/A
|
33
0%
|
36
+7%
|
30
-16%
|
15
-51%
|
10
-30%
|
10
-3%
|
10
N/A
|
5
-53%
|
5
+15%
|
4
-31%
|
8
+111%
|
17
+121%
|
12
-28%
|
22
+77%
|
35
+59%
|
44
+26%
|
59
+34%
|
62
+6%
|
73
+18%
|
95
+30%
|
84
-12%
|
166
+98%
|
184
+11%
|
198
+8%
|
190
-4%
|
171
-10%
|
160
-7%
|
168
+5%
|
191
+13%
|
235
+23%
|
300
+28%
|
354
+18%
|
429
+21%
|
538
+25%
|
600
+11%
|
689
+15%
|
510
-26%
|
208
-59%
|
84
-60%
|
(25)
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
4
|
4
|
3
|
3
|
4
|
7
|
34
|
36
|
37
|
14
|
5
|
3
|
1
|
8
|
5
|
3
|
0
|
4
|
18
|
13
|
11
|
72
|
13
|
11
|
8
|
(19)
|
(23)
|
(16)
|
(10)
|
(4)
|
(4)
|
(1)
|
(12)
|
(14)
|
(53)
|
(69)
|
(77)
|
(147)
|
(145)
|
(171)
|
(194)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
25
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(3)
|
0
|
(0)
|
(0)
|
(6)
|
(1)
|
(1)
|
(1)
|
(2)
|
0
|
0
|
(1)
|
|
Gain/Loss on Disposition of Assets |
0
|
39
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
53
|
7
|
6
|
5
|
5
|
17
|
13
|
15
|
16
|
6
|
6
|
6
|
4
|
7
|
6
|
4
|
5
|
(2)
|
(7)
|
(9)
|
(16)
|
(2)
|
(8)
|
(6)
|
(1)
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(0)
|
(2)
|
(2)
|
(2)
|
(1)
|
(3)
|
(4)
|
(3)
|
|
Pre-Tax Income |
90
N/A
|
83
-7%
|
45
-46%
|
38
-15%
|
24
-36%
|
60
+147%
|
57
-5%
|
61
+8%
|
58
-5%
|
16
-72%
|
15
-11%
|
16
+10%
|
22
+39%
|
26
+18%
|
33
+24%
|
41
+27%
|
49
+19%
|
55
+11%
|
73
+32%
|
77
+6%
|
90
+17%
|
149
+65%
|
171
+15%
|
189
+10%
|
206
+9%
|
172
-17%
|
147
-14%
|
143
-3%
|
158
+11%
|
184
+16%
|
230
+25%
|
297
+29%
|
340
+15%
|
409
+20%
|
482
+18%
|
528
+10%
|
609
+15%
|
360
-41%
|
60
-83%
|
(90)
N/A
|
(223)
-147%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(11)
|
(12)
|
(7)
|
(6)
|
(4)
|
(9)
|
(9)
|
(9)
|
(9)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(7)
|
(11)
|
(18)
|
(23)
|
(26)
|
(26)
|
(20)
|
(17)
|
(15)
|
(17)
|
(20)
|
(25)
|
(33)
|
(38)
|
(44)
|
(55)
|
(61)
|
(72)
|
(2)
|
25
|
38
|
66
|
|
Income from Continuing Operations |
79
|
71
|
38
|
32
|
20
|
50
|
48
|
52
|
49
|
14
|
13
|
14
|
19
|
23
|
28
|
36
|
42
|
48
|
65
|
69
|
79
|
130
|
149
|
163
|
180
|
151
|
131
|
128
|
142
|
164
|
205
|
263
|
302
|
365
|
427
|
467
|
537
|
358
|
86
|
(52)
|
(157)
|
|
Income to Minority Interest |
(1)
|
1
|
1
|
2
|
2
|
3
|
3
|
2
|
2
|
1
|
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
|
2
|
4
|
6
|
14
|
28
|
38
|
|
Net Income (Common) |
77
N/A
|
72
-7%
|
39
-46%
|
33
-14%
|
22
-33%
|
53
+138%
|
50
-6%
|
54
+8%
|
52
-5%
|
15
-70%
|
14
-11%
|
15
+7%
|
20
+35%
|
23
+16%
|
28
+23%
|
36
+28%
|
42
+18%
|
48
+13%
|
65
+37%
|
69
+7%
|
79
+14%
|
130
+64%
|
149
+14%
|
163
+10%
|
180
+11%
|
151
-16%
|
131
-14%
|
128
-2%
|
142
+11%
|
164
+16%
|
205
+25%
|
263
+28%
|
302
+15%
|
365
+21%
|
427
+17%
|
469
+10%
|
541
+15%
|
364
-33%
|
100
-73%
|
(24)
N/A
|
(118)
-399%
|
|
EPS (Diluted) |
0.16
N/A
|
0.15
-6%
|
0.08
-47%
|
0.07
-13%
|
0.05
-29%
|
0.11
+120%
|
0.11
N/A
|
0.12
+9%
|
0.11
-8%
|
0.03
-73%
|
0.03
N/A
|
0.03
N/A
|
0.04
+33%
|
0.05
+25%
|
0.05
N/A
|
0.06
+20%
|
0.07
+17%
|
0.09
+29%
|
0.11
+22%
|
0.12
+9%
|
0.14
+17%
|
0.25
+79%
|
0.28
+12%
|
0.31
+11%
|
0.34
+10%
|
0.28
-18%
|
0.2
-29%
|
0.23
+15%
|
0.24
+4%
|
0.26
+8%
|
0.33
+27%
|
0.42
+27%
|
0.48
+14%
|
0.57
+19%
|
0.66
+16%
|
0.65
-2%
|
0.74
+14%
|
0.52
-30%
|
0.14
-73%
|
-0.03
N/A
|
-0.16
-433%
|