VT Industrial Technology Co Ltd
SZSE:300707
Income Statement
Earnings Waterfall
VT Industrial Technology Co Ltd
Revenue
|
826.1m
CNY
|
Cost of Revenue
|
-639.6m
CNY
|
Gross Profit
|
186.5m
CNY
|
Operating Expenses
|
-137.4m
CNY
|
Operating Income
|
49.1m
CNY
|
Other Expenses
|
-23.5m
CNY
|
Net Income
|
25.6m
CNY
|
Income Statement
VT Industrial Technology Co Ltd
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 |
343
N/A
|
400
+17%
|
437
+9%
|
502
+15%
|
542
+8%
|
508
-6%
|
509
+0%
|
470
-8%
|
408
-13%
|
393
-4%
|
403
+3%
|
410
+2%
|
457
+11%
|
531
+16%
|
555
+4%
|
592
+7%
|
610
+3%
|
580
-5%
|
721
+24%
|
789
+9%
|
765
-3%
|
865
+13%
|
823
-5%
|
759
-8%
|
825
+9%
|
826
+0%
|
|
Gross Profit | |||||||||||||||||||||||||||
Cost of Revenue |
(195)
|
(220)
|
(236)
|
(276)
|
(303)
|
(292)
|
(295)
|
(280)
|
(249)
|
(239)
|
(237)
|
(242)
|
(268)
|
(314)
|
(399)
|
(457)
|
(496)
|
(495)
|
(540)
|
(605)
|
(580)
|
(671)
|
(633)
|
(590)
|
(649)
|
(640)
|
|
Gross Profit |
148
N/A
|
180
+22%
|
201
+12%
|
226
+12%
|
238
+5%
|
216
-9%
|
214
-1%
|
190
-11%
|
159
-16%
|
155
-2%
|
167
+7%
|
168
+1%
|
189
+12%
|
217
+15%
|
156
-28%
|
135
-13%
|
114
-15%
|
85
-26%
|
182
+114%
|
184
+1%
|
185
+0%
|
194
+5%
|
190
-2%
|
168
-12%
|
176
+4%
|
186
+6%
|
|
Operating Income | |||||||||||||||||||||||||||
Operating Expenses |
(81)
|
(89)
|
(102)
|
(102)
|
(114)
|
(112)
|
(124)
|
(122)
|
(116)
|
(120)
|
(122)
|
(122)
|
(145)
|
(159)
|
(106)
|
(91)
|
(62)
|
(46)
|
(114)
|
(109)
|
(111)
|
(112)
|
(123)
|
(112)
|
(127)
|
(137)
|
|
Selling, General & Administrative |
(75)
|
(84)
|
(87)
|
(88)
|
(99)
|
(92)
|
(103)
|
(104)
|
(92)
|
(95)
|
(100)
|
(104)
|
(128)
|
(146)
|
(84)
|
(73)
|
(42)
|
(20)
|
(79)
|
(78)
|
(81)
|
(84)
|
(86)
|
(83)
|
(94)
|
(101)
|
|
Research & Development |
0
|
0
|
(13)
|
0
|
0
|
(17)
|
(19)
|
(15)
|
(20)
|
(21)
|
(20)
|
(20)
|
(20)
|
(19)
|
(20)
|
(21)
|
(24)
|
(29)
|
(32)
|
(33)
|
(31)
|
(28)
|
(27)
|
(27)
|
(28)
|
(30)
|
|
Depreciation & Amortization |
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(6)
|
(6)
|
(0)
|
(14)
|
(14)
|
(3)
|
1
|
(3)
|
(4)
|
(4)
|
1
|
2
|
4
|
7
|
3
|
3
|
4
|
3
|
3
|
2
|
1
|
1
|
(1)
|
(2)
|
(4)
|
(6)
|
|
Operating Income |
67
N/A
|
91
+36%
|
99
+9%
|
124
+24%
|
124
+1%
|
104
-16%
|
90
-13%
|
67
-25%
|
42
-37%
|
35
-17%
|
45
+27%
|
47
+4%
|
44
-5%
|
59
+33%
|
49
-16%
|
44
-10%
|
52
+18%
|
39
-25%
|
67
+71%
|
75
+11%
|
73
-2%
|
82
+12%
|
67
-19%
|
56
-16%
|
49
-13%
|
49
+1%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||
Interest Income Expense |
4
|
3
|
0
|
(1)
|
0
|
8
|
8
|
6
|
5
|
(1)
|
(1)
|
4
|
3
|
(5)
|
(12)
|
(14)
|
(20)
|
(15)
|
(10)
|
(12)
|
(4)
|
2
|
2
|
(7)
|
(5)
|
(23)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
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
|
|
Total Other Income |
3
|
4
|
4
|
2
|
3
|
2
|
1
|
2
|
1
|
2
|
1
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
4
|
4
|
|
Pre-Tax Income |
74
N/A
|
98
+33%
|
103
+6%
|
124
+20%
|
127
+3%
|
114
-11%
|
99
-13%
|
75
-24%
|
48
-36%
|
35
-27%
|
44
+25%
|
51
+15%
|
48
-6%
|
54
+13%
|
37
-30%
|
30
-19%
|
32
+7%
|
25
-24%
|
57
+132%
|
63
+10%
|
68
+8%
|
83
+22%
|
68
-19%
|
48
-29%
|
48
+1%
|
31
-36%
|
|
Net Income | |||||||||||||||||||||||||||
Tax Provision |
(9)
|
(15)
|
(16)
|
(20)
|
(21)
|
(18)
|
(15)
|
(11)
|
(7)
|
(5)
|
(7)
|
(8)
|
(7)
|
(9)
|
(6)
|
(5)
|
(4)
|
(3)
|
(9)
|
(10)
|
(13)
|
(14)
|
(10)
|
(11)
|
(9)
|
(6)
|
|
Income from Continuing Operations |
65
|
83
|
87
|
104
|
107
|
96
|
85
|
65
|
41
|
30
|
37
|
43
|
40
|
45
|
32
|
26
|
28
|
21
|
48
|
53
|
55
|
69
|
58
|
37
|
39
|
25
|
|
Income to Minority Interest |
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
1
|
1
|
|
Net Income (Common) |
63
N/A
|
81
+28%
|
85
+4%
|
101
+20%
|
104
+2%
|
93
-10%
|
83
-11%
|
64
-23%
|
41
-35%
|
30
-27%
|
37
+21%
|
43
+16%
|
40
-5%
|
45
+12%
|
32
-29%
|
26
-19%
|
28
+10%
|
22
-24%
|
49
+127%
|
53
+10%
|
56
+5%
|
69
+24%
|
58
-17%
|
38
-35%
|
40
+5%
|
26
-36%
|
|
EPS (Diluted) |
0.53
N/A
|
0.51
-4%
|
0.66
+29%
|
0.64
-3%
|
0.65
+2%
|
0.59
-9%
|
0.53
-10%
|
0.4
-25%
|
0.26
-35%
|
0.19
-27%
|
0.23
+21%
|
0.27
+17%
|
0.25
-7%
|
0.28
+12%
|
0.2
-29%
|
0.16
-20%
|
0.18
+13%
|
0.13
-28%
|
0.28
+115%
|
0.29
+4%
|
0.32
+10%
|
0.4
+25%
|
0.34
-15%
|
0.24
-29%
|
0.24
N/A
|
0.12
-50%
|