Shanghai Huace Navigation Technology Ltd
SZSE:300627
Income Statement
Earnings Waterfall
Shanghai Huace Navigation Technology Ltd
Revenue
|
2.8B
CNY
|
Cost of Revenue
|
-1.2B
CNY
|
Gross Profit
|
1.6B
CNY
|
Operating Expenses
|
-1.1B
CNY
|
Operating Income
|
455.7m
CNY
|
Other Expenses
|
17.4m
CNY
|
Net Income
|
473.1m
CNY
|
Income Statement
Shanghai Huace Navigation Technology Ltd
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 |
482
N/A
|
516
+7%
|
576
+12%
|
608
+6%
|
678
+12%
|
734
+8%
|
828
+13%
|
877
+6%
|
952
+9%
|
985
+3%
|
987
+0%
|
1 024
+4%
|
1 146
+12%
|
1 106
-3%
|
1 164
+5%
|
1 288
+11%
|
1 410
+9%
|
1 608
+14%
|
1 784
+11%
|
1 837
+3%
|
1 903
+4%
|
1 979
+4%
|
1 978
0%
|
2 083
+5%
|
2 236
+7%
|
2 326
+4%
|
2 516
+8%
|
2 612
+4%
|
2 678
+3%
|
2 783
+4%
|
|
Gross Profit | |||||||||||||||||||||||||||||||
Cost of Revenue |
(216)
|
(237)
|
(264)
|
(277)
|
(299)
|
(327)
|
(372)
|
(400)
|
(435)
|
(464)
|
(469)
|
(472)
|
(504)
|
(485)
|
(508)
|
(558)
|
(644)
|
(730)
|
(808)
|
(848)
|
(868)
|
(902)
|
(887)
|
(908)
|
(974)
|
(1 028)
|
(1 111)
|
(1 158)
|
(1 140)
|
(1 192)
|
|
Gross Profit |
266
N/A
|
279
+5%
|
312
+12%
|
331
+6%
|
379
+15%
|
406
+7%
|
456
+12%
|
477
+5%
|
517
+8%
|
521
+1%
|
518
0%
|
553
+7%
|
642
+16%
|
621
-3%
|
656
+6%
|
729
+11%
|
765
+5%
|
878
+15%
|
976
+11%
|
990
+1%
|
1 035
+5%
|
1 077
+4%
|
1 091
+1%
|
1 175
+8%
|
1 262
+7%
|
1 298
+3%
|
1 405
+8%
|
1 454
+3%
|
1 539
+6%
|
1 591
+3%
|
|
Operating Income | |||||||||||||||||||||||||||||||
Operating Expenses |
(215)
|
(224)
|
(234)
|
(229)
|
(236)
|
(258)
|
(308)
|
(348)
|
(412)
|
(411)
|
(407)
|
(437)
|
(483)
|
(468)
|
(499)
|
(525)
|
(534)
|
(630)
|
(702)
|
(722)
|
(756)
|
(788)
|
(815)
|
(888)
|
(949)
|
(959)
|
(1 031)
|
(1 043)
|
(1 113)
|
(1 136)
|
|
Selling, General & Administrative |
(164)
|
(219)
|
(243)
|
(241)
|
(219)
|
(275)
|
(322)
|
(341)
|
(337)
|
(364)
|
(335)
|
(354)
|
(366)
|
(376)
|
(386)
|
(406)
|
(409)
|
(465)
|
(521)
|
(534)
|
(514)
|
(568)
|
(594)
|
(630)
|
(631)
|
(667)
|
(711)
|
(710)
|
(709)
|
(773)
|
|
Research & Development |
(48)
|
0
|
0
|
(22)
|
(76)
|
0
|
0
|
(61)
|
(120)
|
(113)
|
(150)
|
(150)
|
(156)
|
(169)
|
(181)
|
(215)
|
(184)
|
(243)
|
(283)
|
(290)
|
(299)
|
(342)
|
(338)
|
(366)
|
(371)
|
(418)
|
(427)
|
(443)
|
(428)
|
(480)
|
|
Depreciation & Amortization |
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
(67)
|
0
|
0
|
0
|
(77)
|
0
|
0
|
0
|
(102)
|
0
|
|
Other Operating Expenses |
(0)
|
(5)
|
9
|
33
|
63
|
17
|
15
|
54
|
68
|
66
|
78
|
67
|
69
|
77
|
68
|
96
|
101
|
78
|
101
|
101
|
124
|
121
|
117
|
109
|
130
|
126
|
107
|
110
|
126
|
117
|
|
Operating Income |
51
N/A
|
55
+9%
|
78
+41%
|
101
+30%
|
143
+42%
|
148
+4%
|
148
0%
|
130
-12%
|
105
-19%
|
110
+5%
|
111
+1%
|
116
+4%
|
159
+37%
|
153
-4%
|
157
+3%
|
205
+30%
|
231
+13%
|
248
+7%
|
274
+10%
|
268
-2%
|
279
+4%
|
289
+4%
|
275
-5%
|
287
+4%
|
313
+9%
|
339
+8%
|
374
+10%
|
411
+10%
|
426
+4%
|
456
+7%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||
Interest Income Expense |
4
|
2
|
2
|
4
|
3
|
5
|
11
|
17
|
15
|
16
|
10
|
11
|
13
|
9
|
9
|
(4)
|
8
|
5
|
6
|
20
|
19
|
21
|
32
|
38
|
31
|
20
|
22
|
(3)
|
30
|
24
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(19)
|
0
|
(0)
|
0
|
(6)
|
1
|
5
|
5
|
5
|
4
|
(0)
|
(0)
|
(2)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
15
|
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 |
48
|
64
|
54
|
31
|
3
|
(1)
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(1)
|
0
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(4)
|
(2)
|
(2)
|
5
|
4
|
3
|
4
|
4
|
3
|
|
Pre-Tax Income |
117
N/A
|
122
+4%
|
134
+10%
|
136
+2%
|
149
+9%
|
152
+2%
|
160
+5%
|
147
-8%
|
119
-19%
|
124
+4%
|
119
-4%
|
125
+5%
|
162
+30%
|
161
0%
|
166
+3%
|
200
+20%
|
219
+10%
|
252
+15%
|
278
+10%
|
286
+3%
|
292
+2%
|
306
+5%
|
310
+1%
|
329
+6%
|
353
+7%
|
367
+4%
|
399
+9%
|
411
+3%
|
457
+11%
|
482
+6%
|
|
Net Income | |||||||||||||||||||||||||||||||
Tax Provision |
(15)
|
(16)
|
(17)
|
(17)
|
(19)
|
(20)
|
(19)
|
(15)
|
(11)
|
(11)
|
(10)
|
(13)
|
(20)
|
(20)
|
(19)
|
(22)
|
(21)
|
(23)
|
(23)
|
(20)
|
(2)
|
0
|
2
|
4
|
7
|
7
|
2
|
8
|
(13)
|
(17)
|
|
Income from Continuing Operations |
103
|
106
|
117
|
119
|
129
|
133
|
141
|
132
|
108
|
113
|
110
|
112
|
142
|
142
|
146
|
178
|
198
|
229
|
255
|
265
|
290
|
307
|
313
|
333
|
361
|
374
|
401
|
419
|
444
|
466
|
|
Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(1)
|
(3)
|
(1)
|
(3)
|
(3)
|
(3)
|
(2)
|
(0)
|
1
|
(1)
|
(1)
|
(2)
|
(1)
|
5
|
5
|
7
|
4
|
1
|
(1)
|
1
|
4
|
5
|
8
|
|
Net Income (Common) |
102
N/A
|
105
+3%
|
116
+10%
|
118
+2%
|
129
+9%
|
132
+2%
|
139
+6%
|
131
-6%
|
105
-19%
|
112
+6%
|
107
-4%
|
110
+3%
|
139
+26%
|
139
+0%
|
146
+5%
|
178
+22%
|
197
+11%
|
228
+16%
|
253
+11%
|
265
+5%
|
294
+11%
|
312
+6%
|
320
+3%
|
338
+6%
|
361
+7%
|
373
+3%
|
402
+8%
|
423
+5%
|
449
+6%
|
473
+5%
|
|
EPS (Diluted) |
0.41
N/A
|
0.43
+5%
|
0.34
-21%
|
0.36
+6%
|
0.41
+14%
|
0.38
-7%
|
0.41
+8%
|
0.38
-7%
|
0.31
-18%
|
0.33
+6%
|
0.31
-6%
|
0.32
+3%
|
0.41
+28%
|
0.42
+2%
|
0.44
+5%
|
0.53
+20%
|
0.58
+9%
|
0.66
+14%
|
0.52
-21%
|
0.5
-4%
|
0.58
+16%
|
0.59
+2%
|
0.59
N/A
|
0.63
+7%
|
0.68
+8%
|
0.7
+3%
|
0.75
+7%
|
0.79
+5%
|
0.84
+6%
|
0.87
+4%
|