Hubei Forbon Technology Co Ltd
SZSE:300387
Income Statement
Earnings Waterfall
Hubei Forbon Technology Co Ltd
Revenue
|
1.1B
CNY
|
Cost of Revenue
|
-825.3m
CNY
|
Gross Profit
|
292m
CNY
|
Operating Expenses
|
-172.8m
CNY
|
Operating Income
|
119.2m
CNY
|
Other Expenses
|
-40.5m
CNY
|
Net Income
|
78.7m
CNY
|
Income Statement
Hubei Forbon Technology Co Ltd
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 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
311
N/A
|
303
-3%
|
307
+1%
|
303
-1%
|
324
+7%
|
326
+1%
|
350
+7%
|
392
+12%
|
433
+10%
|
484
+12%
|
508
+5%
|
497
-2%
|
490
-1%
|
483
-2%
|
485
+1%
|
530
+9%
|
557
+5%
|
568
+2%
|
653
+15%
|
577
-12%
|
578
+0%
|
623
+8%
|
579
-7%
|
582
+1%
|
622
+7%
|
585
-6%
|
602
+3%
|
645
+7%
|
637
-1%
|
645
+1%
|
639
-1%
|
683
+7%
|
694
+2%
|
728
+5%
|
766
+5%
|
848
+11%
|
898
+6%
|
934
+4%
|
1 004
+7%
|
1 049
+4%
|
1 117
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(195)
|
(191)
|
(193)
|
(191)
|
(210)
|
(206)
|
(211)
|
(225)
|
(243)
|
(266)
|
(282)
|
(275)
|
(283)
|
(279)
|
(294)
|
(342)
|
(366)
|
(388)
|
(457)
|
(375)
|
(381)
|
(415)
|
(364)
|
(370)
|
(388)
|
(357)
|
(371)
|
(447)
|
(456)
|
(480)
|
(495)
|
(492)
|
(514)
|
(540)
|
(569)
|
(639)
|
(684)
|
(715)
|
(763)
|
(780)
|
(825)
|
|
Gross Profit |
116
N/A
|
112
-4%
|
114
+2%
|
113
-1%
|
114
+1%
|
120
+5%
|
139
+16%
|
168
+21%
|
190
+13%
|
218
+14%
|
227
+4%
|
222
-2%
|
208
-7%
|
204
-2%
|
191
-6%
|
188
-2%
|
190
+1%
|
180
-5%
|
197
+9%
|
202
+3%
|
197
-2%
|
208
+5%
|
215
+3%
|
212
-1%
|
235
+11%
|
228
-3%
|
232
+2%
|
199
-14%
|
180
-9%
|
165
-9%
|
144
-13%
|
191
+33%
|
180
-6%
|
189
+5%
|
197
+5%
|
209
+6%
|
214
+3%
|
219
+2%
|
241
+10%
|
269
+12%
|
292
+9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(52)
|
(55)
|
(59)
|
(69)
|
(74)
|
(78)
|
(88)
|
(100)
|
(108)
|
(118)
|
(121)
|
(124)
|
(121)
|
(115)
|
(117)
|
(115)
|
(155)
|
(153)
|
(157)
|
(125)
|
(129)
|
(135)
|
(143)
|
(139)
|
(142)
|
(150)
|
(153)
|
(116)
|
(119)
|
(108)
|
(92)
|
(119)
|
(126)
|
(128)
|
(130)
|
(129)
|
(129)
|
(133)
|
(143)
|
(162)
|
(173)
|
|
Selling, General & Administrative |
(48)
|
(49)
|
(54)
|
(57)
|
(67)
|
(72)
|
(83)
|
(84)
|
(102)
|
(112)
|
(112)
|
(107)
|
(111)
|
(108)
|
(112)
|
(97)
|
(116)
|
(110)
|
(100)
|
(100)
|
(103)
|
(108)
|
(125)
|
(121)
|
(135)
|
(138)
|
(142)
|
(86)
|
(113)
|
(102)
|
(83)
|
(80)
|
(89)
|
(93)
|
(96)
|
(91)
|
(104)
|
(108)
|
(114)
|
(111)
|
(134)
|
|
Research & Development |
(1)
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
(10)
|
(12)
|
(23)
|
(24)
|
(19)
|
(12)
|
(10)
|
(16)
|
(17)
|
(16)
|
(23)
|
(24)
|
(26)
|
(25)
|
(29)
|
(28)
|
(28)
|
(25)
|
(28)
|
(28)
|
(32)
|
(40)
|
(47)
|
|
Depreciation & Amortization |
(1)
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(19)
|
0
|
|
Other Operating Expenses |
(1)
|
(6)
|
(5)
|
(0)
|
(7)
|
(6)
|
(5)
|
(0)
|
(6)
|
(6)
|
(8)
|
(0)
|
(10)
|
(7)
|
(5)
|
4
|
(40)
|
(43)
|
(47)
|
0
|
(3)
|
(3)
|
1
|
7
|
3
|
4
|
6
|
2
|
18
|
18
|
17
|
2
|
(8)
|
(7)
|
(6)
|
3
|
3
|
2
|
3
|
8
|
8
|
|
Operating Income |
64
N/A
|
57
-11%
|
55
-4%
|
44
-20%
|
40
-8%
|
42
+5%
|
51
+21%
|
67
+31%
|
82
+22%
|
100
+22%
|
106
+6%
|
98
-7%
|
87
-12%
|
89
+3%
|
74
-18%
|
73
-1%
|
35
-53%
|
27
-22%
|
40
+48%
|
77
+92%
|
69
-11%
|
73
+6%
|
72
-1%
|
73
+2%
|
93
+27%
|
78
-16%
|
79
+1%
|
83
+4%
|
62
-25%
|
57
-8%
|
52
-8%
|
72
+39%
|
54
-25%
|
61
+11%
|
67
+11%
|
80
+19%
|
86
+7%
|
86
+0%
|
98
+14%
|
107
+9%
|
119
+12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
2
|
4
|
5
|
7
|
9
|
4
|
4
|
3
|
(5)
|
(2)
|
(4)
|
1
|
48
|
42
|
46
|
40
|
(0)
|
4
|
5
|
4
|
(9)
|
(5)
|
(3)
|
(5)
|
(1)
|
(3)
|
(13)
|
(12)
|
(15)
|
(16)
|
(14)
|
(14)
|
(10)
|
(9)
|
(10)
|
(11)
|
(11)
|
(11)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(47)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
0
|
|
Total Other Income |
6
|
11
|
11
|
9
|
10
|
5
|
6
|
1
|
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
(2)
|
(2)
|
(0)
|
(1)
|
1
|
1
|
(1)
|
0
|
4
|
4
|
4
|
4
|
1
|
2
|
2
|
2
|
(1)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
(1)
|
(0)
|
(10)
|
(10)
|
|
Pre-Tax Income |
70
N/A
|
67
-4%
|
65
-4%
|
52
-19%
|
54
+3%
|
53
-1%
|
64
+21%
|
77
+20%
|
86
+12%
|
103
+20%
|
109
+6%
|
94
-14%
|
86
-9%
|
86
+0%
|
75
-12%
|
73
-3%
|
75
+3%
|
73
-3%
|
79
+8%
|
72
-8%
|
73
+1%
|
77
+5%
|
76
-1%
|
69
-10%
|
92
+34%
|
79
-14%
|
78
-2%
|
78
N/A
|
61
-22%
|
46
-24%
|
42
-10%
|
47
+13%
|
38
-19%
|
47
+23%
|
53
+13%
|
70
+32%
|
77
+10%
|
76
-1%
|
86
+14%
|
86
0%
|
98
+14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(9)
|
(8)
|
(8)
|
(6)
|
(7)
|
(7)
|
(8)
|
(11)
|
(13)
|
(15)
|
(16)
|
(10)
|
(8)
|
(11)
|
(4)
|
(9)
|
(10)
|
(6)
|
(11)
|
(12)
|
(12)
|
(14)
|
(13)
|
(12)
|
(11)
|
(12)
|
(12)
|
(11)
|
(12)
|
(6)
|
(8)
|
(7)
|
(8)
|
(7)
|
(8)
|
(12)
|
(15)
|
(17)
|
(17)
|
(19)
|
(23)
|
|
Income from Continuing Operations |
61
|
59
|
57
|
46
|
47
|
46
|
56
|
66
|
73
|
88
|
93
|
84
|
78
|
75
|
71
|
64
|
65
|
67
|
68
|
60
|
61
|
62
|
63
|
57
|
80
|
67
|
66
|
67
|
49
|
40
|
34
|
40
|
31
|
40
|
45
|
58
|
62
|
59
|
69
|
67
|
76
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
1
|
1
|
2
|
18
|
14
|
15
|
5
|
6
|
5
|
5
|
5
|
5
|
6
|
6
|
4
|
3
|
3
|
2
|
2
|
2
|
2
|
1
|
(0)
|
(1)
|
(1)
|
(1)
|
(4)
|
(3)
|
0
|
0
|
5
|
3
|
|
Net Income (Common) |
61
N/A
|
59
-3%
|
57
-3%
|
46
-20%
|
47
+1%
|
46
-1%
|
56
+21%
|
66
+19%
|
69
+4%
|
90
+30%
|
94
+5%
|
85
-9%
|
96
+12%
|
89
-7%
|
85
-4%
|
69
-20%
|
71
+3%
|
71
+0%
|
73
+2%
|
65
-10%
|
66
+1%
|
68
+4%
|
69
+1%
|
61
-12%
|
84
+38%
|
70
-17%
|
67
-4%
|
69
+3%
|
51
-26%
|
42
-18%
|
35
-17%
|
39
+14%
|
29
-26%
|
39
+32%
|
44
+14%
|
54
+22%
|
59
+10%
|
59
0%
|
70
+17%
|
72
+3%
|
79
+10%
|
|
EPS (Diluted) |
0.33
N/A
|
0.32
-3%
|
0.23
-28%
|
0.21
-9%
|
0.19
-10%
|
0.2
+5%
|
0.24
+20%
|
0.28
+17%
|
0.29
+4%
|
0.37
+28%
|
0.39
+5%
|
0.35
-10%
|
0.39
+11%
|
0.36
-8%
|
0.34
-6%
|
0.28
-18%
|
0.29
+4%
|
0.35
+21%
|
0.17
-51%
|
0.25
+47%
|
0.24
-4%
|
0.23
-4%
|
0.24
+4%
|
0.21
-13%
|
0.29
+38%
|
0.24
-17%
|
0.23
-4%
|
0.24
+4%
|
0.18
-25%
|
0.15
-17%
|
0.12
-20%
|
0.14
+17%
|
0.1
-29%
|
0.13
+30%
|
0.15
+15%
|
0.19
+27%
|
0.2
+5%
|
0.2
N/A
|
0.24
+20%
|
0.25
+4%
|
0.27
+8%
|