Ningbo Henghe Precision Industry Co Ltd
SZSE:300539
Income Statement
Earnings Waterfall
Ningbo Henghe Precision Industry Co Ltd
Revenue
|
677.6m
CNY
|
Cost of Revenue
|
-542m
CNY
|
Gross Profit
|
135.6m
CNY
|
Operating Expenses
|
-89.3m
CNY
|
Operating Income
|
46.2m
CNY
|
Other Expenses
|
-12.4m
CNY
|
Net Income
|
33.9m
CNY
|
Income Statement
Ningbo Henghe Precision Industry Co Ltd
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 |
379
N/A
|
392
+3%
|
399
+2%
|
417
+5%
|
422
+1%
|
458
+9%
|
492
+7%
|
502
+2%
|
528
+5%
|
536
+1%
|
554
+3%
|
577
+4%
|
584
+1%
|
555
-5%
|
557
+0%
|
506
-9%
|
532
+5%
|
565
+6%
|
578
+2%
|
654
+13%
|
659
+1%
|
691
+5%
|
696
+1%
|
702
+1%
|
660
-6%
|
667
+1%
|
668
+0%
|
687
+3%
|
684
0%
|
683
0%
|
678
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||
Cost of Revenue |
(295)
|
(302)
|
(304)
|
(320)
|
(320)
|
(352)
|
(374)
|
(389)
|
(417)
|
(424)
|
(448)
|
(471)
|
(481)
|
(460)
|
(445)
|
(408)
|
(428)
|
(451)
|
(472)
|
(535)
|
(540)
|
(576)
|
(576)
|
(583)
|
(543)
|
(544)
|
(537)
|
(551)
|
(541)
|
(540)
|
(542)
|
|
Gross Profit |
84
N/A
|
90
+7%
|
95
+5%
|
97
+3%
|
102
+5%
|
107
+4%
|
118
+10%
|
114
-3%
|
111
-2%
|
112
+1%
|
106
-5%
|
107
+0%
|
103
-3%
|
95
-8%
|
111
+17%
|
97
-13%
|
104
+7%
|
113
+8%
|
106
-6%
|
119
+12%
|
119
0%
|
114
-4%
|
120
+5%
|
119
-1%
|
117
-2%
|
123
+5%
|
131
+7%
|
136
+4%
|
143
+5%
|
144
+0%
|
136
-6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||
Operating Expenses |
(44)
|
(48)
|
(53)
|
(53)
|
(60)
|
(61)
|
(73)
|
(72)
|
(71)
|
(77)
|
(81)
|
(82)
|
(81)
|
(78)
|
(85)
|
(80)
|
(83)
|
(83)
|
(72)
|
(77)
|
(77)
|
(78)
|
(81)
|
(78)
|
(75)
|
(81)
|
(92)
|
(91)
|
(91)
|
(91)
|
(89)
|
|
Selling, General & Administrative |
(43)
|
(47)
|
(36)
|
(49)
|
(56)
|
(58)
|
(49)
|
(65)
|
(66)
|
(64)
|
(54)
|
(60)
|
(52)
|
(50)
|
(54)
|
(55)
|
(60)
|
(62)
|
(43)
|
(50)
|
(47)
|
(44)
|
(47)
|
(49)
|
(46)
|
(51)
|
(52)
|
(55)
|
(57)
|
(55)
|
(52)
|
|
Research & Development |
0
|
0
|
(11)
|
0
|
0
|
0
|
(20)
|
(5)
|
0
|
(12)
|
(22)
|
(20)
|
(27)
|
(26)
|
(25)
|
(25)
|
(23)
|
(22)
|
(21)
|
(25)
|
(26)
|
(29)
|
(25)
|
(27)
|
(28)
|
(29)
|
(32)
|
(34)
|
(34)
|
(35)
|
(30)
|
|
Depreciation & Amortization |
0
|
0
|
(6)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(12)
|
|
Other Operating Expenses |
(1)
|
(1)
|
(0)
|
(4)
|
(4)
|
(3)
|
1
|
(3)
|
(5)
|
(2)
|
4
|
(3)
|
(3)
|
(2)
|
3
|
(1)
|
(0)
|
1
|
5
|
(3)
|
(4)
|
(4)
|
3
|
(1)
|
(1)
|
(1)
|
3
|
(1)
|
(1)
|
(1)
|
5
|
|
Operating Income |
40
N/A
|
42
+6%
|
42
-1%
|
44
+5%
|
42
-4%
|
46
+8%
|
45
-2%
|
41
-8%
|
40
-3%
|
35
-13%
|
25
-28%
|
24
-3%
|
22
-11%
|
18
-19%
|
27
+52%
|
17
-35%
|
22
+24%
|
30
+40%
|
35
+15%
|
42
+22%
|
42
-1%
|
37
-12%
|
39
+7%
|
41
+5%
|
41
-1%
|
41
+1%
|
40
-4%
|
45
+14%
|
51
+14%
|
53
+2%
|
46
-12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||
Interest Income Expense |
(8)
|
(7)
|
(5)
|
(5)
|
(5)
|
(6)
|
(8)
|
(12)
|
(11)
|
(11)
|
(14)
|
(13)
|
(15)
|
(13)
|
(15)
|
(13)
|
(13)
|
(16)
|
(16)
|
(16)
|
(17)
|
(14)
|
(14)
|
(15)
|
(13)
|
(13)
|
(12)
|
(12)
|
(13)
|
(13)
|
(10)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
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
|
|
Total Other Income |
2
|
2
|
8
|
8
|
7
|
8
|
1
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
|
Pre-Tax Income |
33
N/A
|
38
+13%
|
44
+18%
|
47
+7%
|
45
-5%
|
47
+4%
|
37
-20%
|
30
-21%
|
29
0%
|
24
-19%
|
12
-52%
|
12
+7%
|
8
-38%
|
4
-42%
|
12
+161%
|
4
-65%
|
8
+93%
|
12
+58%
|
17
+41%
|
25
+44%
|
24
-3%
|
22
-7%
|
25
+14%
|
26
+4%
|
29
+9%
|
29
+2%
|
28
-4%
|
33
+19%
|
39
+16%
|
40
+3%
|
34
-14%
|
|
Net Income | ||||||||||||||||||||||||||||||||
Tax Provision |
(6)
|
(7)
|
(6)
|
(7)
|
(6)
|
(6)
|
(6)
|
(5)
|
(6)
|
(7)
|
(2)
|
(2)
|
(0)
|
0
|
(2)
|
(1)
|
(1)
|
(2)
|
(4)
|
(4)
|
(4)
|
(2)
|
(4)
|
(4)
|
(5)
|
(4)
|
0
|
(1)
|
(2)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
28
|
30
|
38
|
41
|
39
|
41
|
31
|
25
|
23
|
17
|
10
|
11
|
7
|
5
|
10
|
3
|
7
|
10
|
13
|
21
|
20
|
21
|
22
|
23
|
24
|
25
|
28
|
32
|
36
|
39
|
33
|
|
Income to Minority Interest |
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
1
|
|
Net Income (Common) |
28
N/A
|
30
+8%
|
38
+25%
|
40
+7%
|
39
-2%
|
41
+5%
|
32
-24%
|
25
-21%
|
23
-8%
|
17
-25%
|
10
-41%
|
10
+3%
|
7
-34%
|
5
-35%
|
10
+118%
|
3
-67%
|
8
+150%
|
11
+40%
|
15
+29%
|
22
+48%
|
21
-1%
|
21
0%
|
22
+4%
|
23
+5%
|
24
+5%
|
25
+2%
|
28
+13%
|
32
+15%
|
36
+13%
|
38
+5%
|
34
-11%
|
|
EPS (Diluted) |
0.26
N/A
|
0.17
-35%
|
0.18
+6%
|
0.19
+6%
|
0.2
+5%
|
0.2
N/A
|
0.15
-25%
|
0.14
-7%
|
0.11
-21%
|
0.08
-27%
|
0.05
-38%
|
0.05
N/A
|
0.03
-40%
|
0.02
-33%
|
0.04
+100%
|
0.01
-75%
|
0.03
+200%
|
0.04
+33%
|
0.07
+75%
|
0.09
+29%
|
0.09
N/A
|
0.1
+11%
|
0.1
N/A
|
0.1
N/A
|
0.11
+10%
|
0.11
N/A
|
0.13
+18%
|
0.1
-23%
|
0.16
+60%
|
0.16
N/A
|
0.15
-6%
|