Zhenjiang Dongfang Electric Heating Technology Co Ltd
SZSE:300217
Income Statement
Earnings Waterfall
Zhenjiang Dongfang Electric Heating Technology Co Ltd
Revenue
|
4.4B
CNY
|
Cost of Revenue
|
-3.5B
CNY
|
Gross Profit
|
886.7m
CNY
|
Operating Expenses
|
-463.7m
CNY
|
Operating Income
|
423.1m
CNY
|
Other Expenses
|
227.5m
CNY
|
Net Income
|
650.5m
CNY
|
Income Statement
Zhenjiang Dongfang Electric Heating Technology 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 |
716
N/A
|
828
+16%
|
897
+8%
|
984
+10%
|
1 025
+4%
|
1 019
-1%
|
1 021
+0%
|
1 011
-1%
|
985
-3%
|
942
-4%
|
876
-7%
|
819
-6%
|
815
-1%
|
930
+14%
|
1 116
+20%
|
1 366
+22%
|
1 553
+14%
|
1 730
+11%
|
1 867
+8%
|
2 104
+13%
|
2 341
+11%
|
2 239
-4%
|
2 412
+8%
|
2 308
-4%
|
2 194
-5%
|
2 234
+2%
|
2 052
-8%
|
2 110
+3%
|
2 245
+6%
|
2 397
+7%
|
2 533
+6%
|
2 628
+4%
|
2 704
+3%
|
2 787
+3%
|
2 914
+5%
|
3 171
+9%
|
3 366
+6%
|
3 819
+13%
|
3 980
+4%
|
4 134
+4%
|
4 389
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(551)
|
(620)
|
(674)
|
(743)
|
(772)
|
(764)
|
(777)
|
(765)
|
(742)
|
(725)
|
(666)
|
(623)
|
(627)
|
(718)
|
(877)
|
(1 083)
|
(1 228)
|
(1 392)
|
(1 507)
|
(1 684)
|
(1 878)
|
(1 775)
|
(1 920)
|
(1 863)
|
(1 821)
|
(1 922)
|
(1 785)
|
(1 850)
|
(1 929)
|
(2 054)
|
(2 141)
|
(2 211)
|
(2 288)
|
(2 326)
|
(2 392)
|
(2 571)
|
(2 689)
|
(3 076)
|
(3 212)
|
(3 312)
|
(3 502)
|
|
Gross Profit |
165
N/A
|
207
+26%
|
223
+8%
|
241
+8%
|
252
+5%
|
255
+1%
|
244
-4%
|
246
+1%
|
244
-1%
|
217
-11%
|
210
-3%
|
197
-6%
|
188
-4%
|
212
+13%
|
239
+13%
|
284
+19%
|
326
+15%
|
338
+4%
|
360
+6%
|
420
+17%
|
463
+10%
|
465
+0%
|
492
+6%
|
445
-10%
|
373
-16%
|
312
-16%
|
267
-14%
|
260
-3%
|
316
+22%
|
343
+8%
|
391
+14%
|
417
+7%
|
416
0%
|
461
+11%
|
522
+13%
|
600
+15%
|
677
+13%
|
743
+10%
|
768
+3%
|
822
+7%
|
887
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(100)
|
(107)
|
(114)
|
(126)
|
(131)
|
(134)
|
(130)
|
(132)
|
(132)
|
(135)
|
(145)
|
(140)
|
(144)
|
(151)
|
(190)
|
(209)
|
(230)
|
(221)
|
(228)
|
(251)
|
(264)
|
(284)
|
(311)
|
(313)
|
(316)
|
(299)
|
(414)
|
(413)
|
(423)
|
(247)
|
(265)
|
(261)
|
(265)
|
(325)
|
(350)
|
(384)
|
(404)
|
(436)
|
(444)
|
(462)
|
(464)
|
|
Selling, General & Administrative |
(87)
|
(71)
|
(104)
|
(119)
|
(124)
|
(93)
|
(124)
|
(122)
|
(122)
|
(91)
|
(126)
|
(124)
|
(123)
|
(105)
|
(153)
|
(177)
|
(204)
|
(150)
|
(165)
|
(181)
|
(191)
|
(194)
|
(170)
|
(155)
|
(141)
|
(204)
|
(201)
|
(198)
|
(199)
|
(150)
|
(156)
|
(143)
|
(143)
|
(202)
|
(219)
|
(235)
|
(248)
|
(241)
|
(242)
|
(254)
|
(228)
|
|
Research & Development |
0
|
(29)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
(20)
|
(65)
|
0
|
0
|
(38)
|
(73)
|
(64)
|
(86)
|
(83)
|
(77)
|
(74)
|
(79)
|
(84)
|
(80)
|
(94)
|
(97)
|
(106)
|
(104)
|
(119)
|
(132)
|
(145)
|
(174)
|
(188)
|
(206)
|
(223)
|
|
Depreciation & Amortization |
0
|
(6)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(14)
|
(0)
|
(10)
|
(8)
|
(7)
|
(1)
|
(6)
|
(10)
|
(9)
|
(0)
|
(19)
|
(16)
|
(21)
|
(1)
|
(38)
|
(32)
|
(7)
|
12
|
(63)
|
(71)
|
(36)
|
6
|
(78)
|
(72)
|
(92)
|
6
|
(139)
|
(137)
|
(141)
|
8
|
(14)
|
(22)
|
(16)
|
13
|
(12)
|
(17)
|
(12)
|
11
|
(13)
|
(2)
|
(13)
|
|
Operating Income |
64
N/A
|
100
+56%
|
109
+9%
|
115
+6%
|
121
+5%
|
121
0%
|
114
-5%
|
113
-1%
|
112
-1%
|
82
-27%
|
65
-20%
|
57
-12%
|
44
-22%
|
61
+38%
|
49
-20%
|
75
+53%
|
95
+28%
|
117
+23%
|
132
+13%
|
168
+27%
|
198
+18%
|
180
-9%
|
181
+0%
|
131
-27%
|
57
-57%
|
13
-78%
|
(147)
N/A
|
(153)
-4%
|
(107)
+30%
|
96
N/A
|
127
+32%
|
156
+23%
|
152
-3%
|
136
-10%
|
172
+26%
|
215
+25%
|
273
+27%
|
307
+13%
|
325
+6%
|
360
+11%
|
423
+18%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
13
|
8
|
6
|
5
|
4
|
4
|
3
|
3
|
3
|
5
|
8
|
11
|
13
|
17
|
13
|
11
|
7
|
5
|
2
|
2
|
4
|
1
|
1
|
1
|
(2)
|
(5)
|
(8)
|
(5)
|
(6)
|
6
|
8
|
(5)
|
(2)
|
(6)
|
16
|
30
|
41
|
27
|
24
|
29
|
25
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(22)
|
0
|
(0)
|
(0)
|
0
|
1
|
2
|
2
|
(7)
|
0
|
0
|
0
|
(119)
|
(0)
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(3)
|
20
|
(2)
|
(2)
|
(1)
|
(5)
|
(4)
|
(4)
|
296
|
|
Gain/Loss on Disposition of Assets |
(0)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
(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
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
1
|
(1)
|
(1)
|
(2)
|
0
|
1
|
2
|
3
|
2
|
9
|
8
|
8
|
9
|
5
|
5
|
3
|
2
|
1
|
2
|
1
|
3
|
11
|
12
|
14
|
11
|
3
|
2
|
2
|
4
|
(35)
|
(36)
|
(56)
|
(53)
|
39
|
38
|
59
|
56
|
2
|
2
|
1
|
1
|
|
Pre-Tax Income |
78
N/A
|
107
+38%
|
114
+7%
|
118
+4%
|
125
+6%
|
126
+0%
|
119
-5%
|
119
N/A
|
117
-2%
|
95
-19%
|
82
-14%
|
76
-7%
|
66
-13%
|
60
-9%
|
66
+9%
|
89
+36%
|
104
+17%
|
124
+19%
|
137
+11%
|
174
+27%
|
207
+19%
|
186
-10%
|
194
+5%
|
146
-25%
|
66
-55%
|
(109)
N/A
|
(153)
-41%
|
(156)
-2%
|
(110)
+30%
|
66
N/A
|
98
+48%
|
93
-5%
|
93
+0%
|
188
+101%
|
224
+19%
|
302
+35%
|
368
+22%
|
331
-10%
|
347
+5%
|
386
+11%
|
745
+93%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(11)
|
(15)
|
(17)
|
(17)
|
(18)
|
(20)
|
(19)
|
(19)
|
(18)
|
(15)
|
(13)
|
(14)
|
(13)
|
(14)
|
(16)
|
(20)
|
(22)
|
(20)
|
(22)
|
(26)
|
(31)
|
(25)
|
(26)
|
(13)
|
2
|
(7)
|
(0)
|
(4)
|
(12)
|
(9)
|
(12)
|
(10)
|
(8)
|
(20)
|
(24)
|
(35)
|
(44)
|
(27)
|
(33)
|
(34)
|
(87)
|
|
Income from Continuing Operations |
67
|
91
|
98
|
101
|
107
|
106
|
100
|
100
|
99
|
80
|
69
|
62
|
53
|
46
|
50
|
69
|
82
|
103
|
116
|
148
|
176
|
161
|
168
|
133
|
67
|
(116)
|
(154)
|
(160)
|
(122)
|
57
|
86
|
83
|
86
|
168
|
200
|
267
|
324
|
303
|
314
|
352
|
657
|
|
Income to Minority Interest |
3
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(4)
|
(4)
|
(4)
|
(2)
|
(0)
|
(3)
|
(10)
|
(15)
|
(20)
|
(22)
|
(22)
|
(23)
|
(16)
|
(14)
|
(6)
|
14
|
19
|
24
|
26
|
14
|
3
|
1
|
(2)
|
(2)
|
6
|
6
|
7
|
4
|
(2)
|
(3)
|
(5)
|
(7)
|
|
Net Income (Common) |
69
N/A
|
91
+31%
|
96
+6%
|
99
+3%
|
104
+5%
|
103
-1%
|
98
-5%
|
98
+1%
|
97
-1%
|
75
-22%
|
65
-14%
|
58
-10%
|
51
-13%
|
46
-10%
|
47
+2%
|
59
+26%
|
67
+13%
|
83
+25%
|
94
+12%
|
126
+35%
|
153
+21%
|
145
-5%
|
154
+6%
|
127
-18%
|
81
-36%
|
(98)
N/A
|
(130)
-33%
|
(134)
-3%
|
(108)
+20%
|
60
N/A
|
87
+44%
|
80
-8%
|
84
+4%
|
174
+107%
|
206
+19%
|
274
+33%
|
328
+20%
|
302
-8%
|
311
+3%
|
348
+12%
|
651
+87%
|
|
EPS (Diluted) |
0.07
N/A
|
0.08
+14%
|
0.09
+13%
|
0.09
N/A
|
0.09
N/A
|
0.09
N/A
|
0.1
+11%
|
0.1
N/A
|
0.1
N/A
|
0.07
-30%
|
0.06
-14%
|
0.05
-17%
|
0.04
-20%
|
0.04
N/A
|
0.03
-25%
|
0.04
+33%
|
0.05
+25%
|
0.07
+40%
|
0.08
+14%
|
0.11
+38%
|
0.13
+18%
|
0.11
-15%
|
0.12
+9%
|
0.09
-25%
|
0.05
-44%
|
-0.08
N/A
|
-0.11
-38%
|
-0.11
N/A
|
-0.08
+27%
|
0.05
N/A
|
0.07
+40%
|
0.07
N/A
|
0.06
-14%
|
0.13
+117%
|
0.14
+8%
|
0.19
+36%
|
0.22
+16%
|
0.21
-5%
|
0.22
+5%
|
0.24
+9%
|
0.44
+83%
|