ShenZhen V&T Technologies Co Ltd
SZSE:300484
Income Statement
Earnings Waterfall
ShenZhen V&T Technologies Co Ltd
Revenue
|
345.8m
CNY
|
Cost of Revenue
|
-210.4m
CNY
|
Gross Profit
|
135.4m
CNY
|
Operating Expenses
|
-103.3m
CNY
|
Operating Income
|
32.1m
CNY
|
Other Expenses
|
11m
CNY
|
Net Income
|
43.1m
CNY
|
Income Statement
ShenZhen V&T Technologies Co Ltd
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 |
238
N/A
|
310
+30%
|
360
+16%
|
459
+27%
|
572
+24%
|
678
+19%
|
726
+7%
|
715
-2%
|
689
-4%
|
579
-16%
|
500
-14%
|
462
-8%
|
402
-13%
|
402
+0%
|
408
+2%
|
363
-11%
|
364
+0%
|
320
-12%
|
331
+3%
|
370
+12%
|
409
+11%
|
401
-2%
|
415
+3%
|
466
+12%
|
469
+1%
|
512
+9%
|
522
+2%
|
479
-8%
|
451
-6%
|
447
-1%
|
419
-6%
|
376
-10%
|
346
-8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(122)
|
(166)
|
(193)
|
(254)
|
(324)
|
(376)
|
(410)
|
(418)
|
(408)
|
(348)
|
(312)
|
(285)
|
(244)
|
(253)
|
(261)
|
(234)
|
(240)
|
(232)
|
(216)
|
(243)
|
(276)
|
(274)
|
(286)
|
(332)
|
(327)
|
(347)
|
(354)
|
(306)
|
(283)
|
(275)
|
(250)
|
(229)
|
(210)
|
|
Gross Profit |
116
N/A
|
144
+24%
|
167
+16%
|
206
+23%
|
248
+20%
|
302
+22%
|
317
+5%
|
297
-6%
|
281
-5%
|
231
-18%
|
187
-19%
|
177
-6%
|
157
-11%
|
149
-5%
|
147
-1%
|
128
-13%
|
124
-3%
|
88
-29%
|
115
+30%
|
127
+11%
|
133
+4%
|
126
-5%
|
129
+2%
|
134
+4%
|
142
+6%
|
165
+16%
|
168
+2%
|
173
+3%
|
168
-3%
|
172
+2%
|
169
-2%
|
147
-13%
|
135
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(64)
|
(77)
|
(83)
|
(94)
|
(102)
|
(152)
|
(152)
|
(130)
|
(118)
|
(86)
|
(71)
|
(98)
|
(116)
|
(110)
|
(112)
|
(103)
|
(197)
|
(172)
|
(215)
|
(199)
|
(95)
|
(68)
|
(72)
|
(77)
|
(76)
|
(89)
|
(90)
|
(91)
|
(82)
|
(84)
|
(85)
|
(90)
|
(103)
|
|
Selling, General & Administrative |
(55)
|
(42)
|
(70)
|
(76)
|
(82)
|
(102)
|
(146)
|
(156)
|
(157)
|
(71)
|
(117)
|
(119)
|
(115)
|
(84)
|
(91)
|
(73)
|
(74)
|
(128)
|
(132)
|
(119)
|
(112)
|
(49)
|
(53)
|
(59)
|
(61)
|
(63)
|
(64)
|
(63)
|
(44)
|
(45)
|
(45)
|
(50)
|
(71)
|
|
Research & Development |
0
|
(35)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(50)
|
0
|
0
|
(10)
|
(40)
|
(26)
|
(36)
|
(36)
|
(47)
|
(48)
|
(45)
|
(43)
|
(29)
|
(33)
|
(33)
|
(31)
|
(28)
|
(33)
|
(36)
|
(41)
|
(40)
|
(43)
|
(42)
|
(40)
|
|
Depreciation & Amortization |
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(9)
|
(0)
|
(13)
|
(18)
|
(21)
|
(0)
|
(6)
|
26
|
39
|
38
|
47
|
21
|
9
|
20
|
5
|
6
|
(87)
|
13
|
(34)
|
(35)
|
61
|
18
|
14
|
15
|
17
|
9
|
8
|
9
|
2
|
7
|
2
|
2
|
7
|
|
Operating Income |
52
N/A
|
68
+30%
|
84
+24%
|
112
+34%
|
145
+30%
|
150
+3%
|
165
+10%
|
166
+1%
|
163
-2%
|
145
-11%
|
117
-19%
|
78
-33%
|
41
-47%
|
39
-5%
|
35
-10%
|
26
-28%
|
(73)
N/A
|
(84)
-16%
|
(100)
-19%
|
(72)
+28%
|
38
N/A
|
59
+54%
|
57
-3%
|
57
+1%
|
67
+17%
|
75
+13%
|
78
+4%
|
82
+4%
|
86
+5%
|
88
+2%
|
83
-5%
|
57
-31%
|
32
-44%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
1
|
1
|
1
|
1
|
1
|
0
|
2
|
2
|
3
|
1
|
(2)
|
(3)
|
(4)
|
(4)
|
(2)
|
(0)
|
(65)
|
(64)
|
(68)
|
(68)
|
3
|
4
|
9
|
6
|
7
|
2
|
2
|
6
|
7
|
6
|
7
|
6
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
0
|
0
|
(0)
|
(21)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
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 |
12
|
13
|
16
|
15
|
14
|
29
|
27
|
19
|
19
|
0
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(3)
|
0
|
0
|
1
|
3
|
|
Pre-Tax Income |
66
N/A
|
81
+24%
|
101
+24%
|
128
+27%
|
159
+25%
|
180
+13%
|
192
+7%
|
187
-2%
|
184
-2%
|
148
-20%
|
111
-25%
|
77
-31%
|
38
-50%
|
25
-33%
|
32
+24%
|
24
-24%
|
(73)
N/A
|
(169)
-133%
|
(166)
+2%
|
(141)
+15%
|
(31)
+78%
|
63
N/A
|
62
-3%
|
67
+9%
|
72
+9%
|
78
+7%
|
81
+4%
|
83
+3%
|
89
+6%
|
94
+6%
|
90
-4%
|
65
-28%
|
41
-38%
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
(8)
|
(10)
|
(13)
|
(17)
|
(21)
|
(24)
|
(28)
|
(29)
|
(28)
|
(20)
|
(14)
|
(7)
|
(3)
|
(1)
|
(1)
|
(0)
|
5
|
17
|
16
|
9
|
3
|
(10)
|
(10)
|
(10)
|
(14)
|
(12)
|
(13)
|
(12)
|
(13)
|
(11)
|
(10)
|
(7)
|
1
|
|
Income from Continuing Operations |
57
|
71
|
87
|
111
|
138
|
155
|
164
|
159
|
156
|
128
|
97
|
70
|
35
|
25
|
30
|
23
|
(68)
|
(153)
|
(150)
|
(131)
|
(28)
|
53
|
51
|
57
|
59
|
65
|
68
|
71
|
76
|
83
|
80
|
58
|
41
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
0
|
(1)
|
(2)
|
(4)
|
(1)
|
(1)
|
(2)
|
2
|
(3)
|
(2)
|
1
|
0
|
1
|
1
|
1
|
2
|
|
Net Income (Common) |
57
N/A
|
71
+24%
|
87
+23%
|
111
+28%
|
138
+24%
|
155
+12%
|
164
+6%
|
159
-3%
|
156
-1%
|
128
-18%
|
97
-24%
|
70
-29%
|
35
-49%
|
25
-31%
|
30
+23%
|
22
-28%
|
(70)
N/A
|
(152)
-118%
|
(151)
+1%
|
(133)
+12%
|
(32)
+76%
|
52
N/A
|
51
-3%
|
55
+9%
|
60
+10%
|
62
+3%
|
66
+7%
|
72
+9%
|
76
+6%
|
84
+10%
|
81
-3%
|
60
-26%
|
43
-28%
|
|
EPS (Diluted) |
0.36
N/A
|
0.45
+25%
|
0.42
-7%
|
0.53
+26%
|
0.66
+25%
|
0.75
+14%
|
0.79
+5%
|
0.76
-4%
|
0.75
-1%
|
0.62
-17%
|
0.46
-26%
|
0.33
-28%
|
0.17
-48%
|
0.12
-29%
|
0.15
+25%
|
0.11
-27%
|
-0.33
N/A
|
-0.74
-124%
|
-0.73
+1%
|
-0.64
+12%
|
-0.15
+77%
|
0.25
N/A
|
0.25
N/A
|
0.27
+8%
|
0.29
+7%
|
0.3
+3%
|
0.32
+7%
|
0.35
+9%
|
0.37
+6%
|
0.4
+8%
|
0.39
-3%
|
0.29
-26%
|
0.2
-31%
|