Guangzhou Devotion Thermal Technology Co Ltd
SZSE:300335
Income Statement
Earnings Waterfall
Guangzhou Devotion Thermal Technology Co Ltd
Revenue
|
1.4B
CNY
|
Cost of Revenue
|
-991.6m
CNY
|
Gross Profit
|
374.2m
CNY
|
Operating Expenses
|
-247m
CNY
|
Operating Income
|
127.3m
CNY
|
Other Expenses
|
-67.4m
CNY
|
Net Income
|
59.9m
CNY
|
Income Statement
Guangzhou Devotion Thermal Technology Co Ltd
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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
571
N/A
|
571
+0%
|
601
+5%
|
600
0%
|
573
-4%
|
636
+11%
|
722
+14%
|
817
+13%
|
843
+3%
|
884
+5%
|
841
-5%
|
952
+13%
|
1 061
+11%
|
1 216
+15%
|
1 461
+20%
|
1 679
+15%
|
1 921
+14%
|
2 083
+8%
|
2 002
-4%
|
1 944
-3%
|
1 776
-9%
|
1 568
-12%
|
1 520
-3%
|
1 457
-4%
|
1 461
+0%
|
1 351
-8%
|
1 354
+0%
|
1 404
+4%
|
1 563
+11%
|
1 713
+10%
|
1 704
-1%
|
1 610
-5%
|
1 249
-22%
|
1 148
-8%
|
1 111
-3%
|
1 086
-2%
|
1 143
+5%
|
1 173
+3%
|
1 254
+7%
|
1 277
+2%
|
1 366
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(418)
|
(419)
|
(445)
|
(445)
|
(416)
|
(461)
|
(507)
|
(562)
|
(550)
|
(572)
|
(547)
|
(615)
|
(685)
|
(804)
|
(959)
|
(1 113)
|
(1 275)
|
(1 403)
|
(1 363)
|
(1 338)
|
(1 219)
|
(1 089)
|
(1 070)
|
(1 039)
|
(1 041)
|
(993)
|
(982)
|
(1 009)
|
(1 184)
|
(1 313)
|
(1 317)
|
(1 284)
|
(941)
|
(855)
|
(843)
|
(813)
|
(852)
|
(878)
|
(921)
|
(933)
|
(992)
|
|
Gross Profit |
152
N/A
|
151
-1%
|
156
+3%
|
155
0%
|
158
+1%
|
175
+11%
|
216
+23%
|
255
+18%
|
294
+15%
|
312
+6%
|
294
-6%
|
337
+15%
|
376
+12%
|
412
+10%
|
502
+22%
|
566
+13%
|
646
+14%
|
680
+5%
|
639
-6%
|
606
-5%
|
557
-8%
|
478
-14%
|
450
-6%
|
418
-7%
|
420
+1%
|
359
-15%
|
372
+4%
|
395
+6%
|
379
-4%
|
400
+6%
|
387
-3%
|
326
-16%
|
308
-6%
|
293
-5%
|
268
-8%
|
273
+2%
|
291
+7%
|
295
+1%
|
332
+13%
|
344
+4%
|
374
+9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(86)
|
(86)
|
(96)
|
(97)
|
(95)
|
(111)
|
(137)
|
(167)
|
(202)
|
(211)
|
(205)
|
(209)
|
(216)
|
(226)
|
(239)
|
(255)
|
(275)
|
(290)
|
(283)
|
(263)
|
(261)
|
(235)
|
(223)
|
(218)
|
(211)
|
(228)
|
(211)
|
(214)
|
(212)
|
(211)
|
(197)
|
(201)
|
(198)
|
(326)
|
(325)
|
(324)
|
(273)
|
(284)
|
(303)
|
(308)
|
(247)
|
|
Selling, General & Administrative |
(84)
|
(85)
|
(93)
|
(94)
|
(64)
|
(106)
|
(132)
|
(160)
|
(160)
|
(204)
|
(199)
|
(207)
|
(164)
|
(218)
|
(232)
|
(246)
|
(228)
|
(258)
|
(256)
|
(236)
|
(209)
|
(217)
|
(180)
|
(177)
|
(195)
|
(191)
|
(211)
|
(214)
|
(182)
|
(189)
|
(174)
|
(168)
|
(151)
|
(156)
|
(155)
|
(157)
|
(244)
|
(254)
|
(276)
|
(279)
|
(207)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
(8)
|
(50)
|
(39)
|
(46)
|
(46)
|
(30)
|
(31)
|
(33)
|
(32)
|
(36)
|
(38)
|
(39)
|
(44)
|
(42)
|
(41)
|
(39)
|
(39)
|
(32)
|
(34)
|
(33)
|
(30)
|
(36)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(22)
|
|
Other Operating Expenses |
(2)
|
(2)
|
(3)
|
(3)
|
(0)
|
(6)
|
(4)
|
(7)
|
(0)
|
(7)
|
(6)
|
(3)
|
(0)
|
(8)
|
(7)
|
(9)
|
17
|
(31)
|
(26)
|
(19)
|
12
|
21
|
3
|
5
|
31
|
(7)
|
33
|
32
|
24
|
16
|
17
|
12
|
21
|
(129)
|
(131)
|
(128)
|
22
|
4
|
5
|
2
|
17
|
|
Operating Income |
67
N/A
|
65
-2%
|
60
-8%
|
58
-3%
|
62
+7%
|
64
+3%
|
79
+24%
|
88
+11%
|
91
+4%
|
101
+11%
|
89
-12%
|
128
+44%
|
160
+25%
|
186
+16%
|
263
+41%
|
311
+18%
|
371
+19%
|
391
+5%
|
357
-9%
|
344
-4%
|
296
-14%
|
244
-18%
|
227
-7%
|
200
-12%
|
209
+4%
|
130
-38%
|
161
+23%
|
181
+13%
|
167
-8%
|
189
+13%
|
190
+1%
|
126
-34%
|
110
-13%
|
(33)
N/A
|
(57)
-72%
|
(51)
+10%
|
18
N/A
|
11
-39%
|
29
+168%
|
36
+26%
|
127
+252%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
2
|
2
|
3
|
3
|
2
|
(0)
|
(5)
|
(8)
|
(8)
|
(7)
|
(3)
|
(4)
|
(1)
|
(7)
|
(15)
|
(24)
|
(26)
|
(29)
|
(32)
|
(29)
|
(37)
|
(26)
|
(17)
|
(30)
|
(48)
|
(45)
|
(50)
|
(65)
|
(35)
|
(37)
|
(44)
|
(12)
|
(33)
|
(26)
|
(18)
|
(22)
|
50
|
140
|
147
|
157
|
(8)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(43)
|
(1)
|
(1)
|
(3)
|
(14)
|
1
|
1
|
3
|
(35)
|
0
|
(26)
|
(25)
|
(64)
|
(9)
|
(9)
|
(11)
|
(140)
|
(4)
|
(4)
|
(4)
|
65
|
(2)
|
(1)
|
0
|
(10)
|
|
Gain/Loss on Disposition of Assets |
(2)
|
(2)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
0
|
(1)
|
(3)
|
(3)
|
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 |
18
|
19
|
8
|
3
|
6
|
8
|
14
|
18
|
12
|
9
|
9
|
15
|
19
|
11
|
3
|
(2)
|
0
|
(17)
|
(12)
|
(14)
|
5
|
(8)
|
(8)
|
(7)
|
16
|
(16)
|
(20)
|
(21)
|
16
|
(26)
|
(22)
|
(21)
|
12
|
13
|
15
|
15
|
13
|
9
|
5
|
4
|
10
|
|
Pre-Tax Income |
84
N/A
|
85
+1%
|
71
-16%
|
64
-10%
|
69
+7%
|
72
+4%
|
87
+22%
|
98
+12%
|
99
+2%
|
104
+5%
|
95
-8%
|
139
+46%
|
161
+16%
|
189
+18%
|
248
+31%
|
282
+13%
|
301
+7%
|
343
+14%
|
311
-9%
|
298
-4%
|
250
-16%
|
211
-16%
|
203
-4%
|
166
-18%
|
142
-15%
|
69
-51%
|
65
-6%
|
70
+8%
|
84
+19%
|
117
+40%
|
115
-2%
|
82
-29%
|
(51)
N/A
|
(50)
+2%
|
(64)
-27%
|
(63)
+2%
|
145
N/A
|
158
+9%
|
180
+14%
|
197
+10%
|
120
-39%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(8)
|
(7)
|
(5)
|
(5)
|
(6)
|
(6)
|
(11)
|
(12)
|
(12)
|
(13)
|
(10)
|
(15)
|
(16)
|
(20)
|
(33)
|
(38)
|
(46)
|
(55)
|
(50)
|
(51)
|
(42)
|
(35)
|
(30)
|
(17)
|
(13)
|
(6)
|
(6)
|
(14)
|
(40)
|
(44)
|
(48)
|
(47)
|
(42)
|
(39)
|
(40)
|
(41)
|
(50)
|
(52)
|
(50)
|
(48)
|
(33)
|
|
Income from Continuing Operations |
77
|
77
|
66
|
60
|
63
|
66
|
77
|
86
|
87
|
91
|
85
|
124
|
145
|
169
|
215
|
244
|
255
|
288
|
261
|
247
|
208
|
177
|
172
|
149
|
129
|
64
|
59
|
56
|
44
|
73
|
66
|
34
|
(93)
|
(90)
|
(103)
|
(103)
|
95
|
106
|
129
|
149
|
87
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
1
|
(10)
|
(17)
|
(28)
|
(43)
|
(42)
|
(42)
|
(46)
|
(45)
|
(49)
|
(47)
|
(46)
|
(46)
|
(46)
|
(47)
|
(32)
|
(28)
|
(25)
|
(12)
|
(17)
|
(18)
|
(17)
|
8
|
6
|
9
|
9
|
(24)
|
(25)
|
(24)
|
(23)
|
(27)
|
|
Net Income (Common) |
77
N/A
|
77
+1%
|
66
-14%
|
60
-10%
|
63
+6%
|
66
+4%
|
78
+18%
|
87
+12%
|
88
+2%
|
91
+3%
|
86
-6%
|
113
+32%
|
128
+13%
|
141
+11%
|
172
+22%
|
202
+17%
|
213
+6%
|
242
+14%
|
216
-11%
|
199
-8%
|
162
-19%
|
131
-19%
|
126
-3%
|
104
-18%
|
82
-21%
|
32
-61%
|
30
-5%
|
31
+2%
|
33
+5%
|
56
+73%
|
48
-14%
|
17
-65%
|
(86)
N/A
|
(84)
+2%
|
(95)
-13%
|
(94)
+0%
|
71
N/A
|
81
+15%
|
106
+30%
|
126
+19%
|
60
-53%
|
|
EPS (Diluted) |
0.22
N/A
|
0.25
+14%
|
0.21
-16%
|
0.19
-10%
|
0.2
+5%
|
0.21
+5%
|
0.25
+19%
|
0.28
+12%
|
0.24
-14%
|
0.26
+8%
|
0.23
-12%
|
0.3
+30%
|
0.35
+17%
|
0.4
+14%
|
0.49
+23%
|
0.57
+16%
|
0.59
+4%
|
0.68
+15%
|
0.6
-12%
|
0.55
-8%
|
0.45
-18%
|
0.35
-22%
|
0.34
-3%
|
0.28
-18%
|
0.23
-18%
|
0.09
-61%
|
0.09
N/A
|
0.09
N/A
|
0.09
N/A
|
0.16
+78%
|
0.14
-13%
|
0.05
-64%
|
-0.24
N/A
|
-0.2
+17%
|
-0.26
-30%
|
-0.19
+27%
|
0.18
N/A
|
0.17
-6%
|
0.22
+29%
|
0.26
+18%
|
0.13
-50%
|