Suzhou Maxwell Technologies Co Ltd
SZSE:300751
Income Statement
Earnings Waterfall
Suzhou Maxwell Technologies Co Ltd
Revenue
|
6.2B
CNY
|
Cost of Revenue
|
-4.2B
CNY
|
Gross Profit
|
2B
CNY
|
Operating Expenses
|
-1.3B
CNY
|
Operating Income
|
775.6m
CNY
|
Other Expenses
|
113m
CNY
|
Net Income
|
888.6m
CNY
|
Income Statement
Suzhou Maxwell Technologies Co Ltd
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 |
690
N/A
|
788
+14%
|
897
+14%
|
1 052
+17%
|
1 229
+17%
|
1 438
+17%
|
1 551
+8%
|
1 755
+13%
|
2 030
+16%
|
2 285
+13%
|
2 509
+10%
|
2 586
+3%
|
2 856
+10%
|
3 095
+8%
|
3 298
+7%
|
3 617
+10%
|
3 926
+9%
|
4 148
+6%
|
4 471
+8%
|
5 257
+18%
|
6 240
+19%
|
|
Gross Profit | ||||||||||||||||||||||
Cost of Revenue |
(404)
|
(477)
|
(578)
|
(701)
|
(838)
|
(954)
|
(1 038)
|
(1 159)
|
(1 324)
|
(1 522)
|
(1 636)
|
(1 668)
|
(1 815)
|
(1 915)
|
(2 033)
|
(2 220)
|
(2 432)
|
(2 563)
|
(2 854)
|
(3 469)
|
(4 191)
|
|
Gross Profit |
285
N/A
|
311
+9%
|
319
+2%
|
352
+10%
|
391
+11%
|
483
+24%
|
513
+6%
|
595
+16%
|
707
+19%
|
764
+8%
|
873
+14%
|
918
+5%
|
1 041
+13%
|
1 180
+13%
|
1 265
+7%
|
1 397
+10%
|
1 494
+7%
|
1 585
+6%
|
1 617
+2%
|
1 788
+11%
|
2 049
+15%
|
|
Operating Income | ||||||||||||||||||||||
Operating Expenses |
(95)
|
(118)
|
(129)
|
(146)
|
(172)
|
(221)
|
(233)
|
(278)
|
(357)
|
(362)
|
(407)
|
(412)
|
(417)
|
(582)
|
(619)
|
(690)
|
(789)
|
(910)
|
(889)
|
(1 114)
|
(1 273)
|
|
Selling, General & Administrative |
(78)
|
(105)
|
(107)
|
(128)
|
(144)
|
(182)
|
(190)
|
(209)
|
(266)
|
(254)
|
(270)
|
(267)
|
(266)
|
(335)
|
(349)
|
(368)
|
(399)
|
(456)
|
(508)
|
(675)
|
(787)
|
|
Research & Development |
(35)
|
(38)
|
(45)
|
(56)
|
(70)
|
(93)
|
(106)
|
(120)
|
(142)
|
(161)
|
(190)
|
(238)
|
(261)
|
(320)
|
(376)
|
(405)
|
(473)
|
(467)
|
(509)
|
(569)
|
(638)
|
|
Depreciation & Amortization |
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(54)
|
0
|
0
|
0
|
|
Other Operating Expenses |
18
|
28
|
23
|
38
|
42
|
58
|
63
|
51
|
51
|
66
|
53
|
92
|
109
|
100
|
105
|
82
|
83
|
67
|
127
|
129
|
152
|
|
Operating Income |
190
N/A
|
193
+2%
|
190
-2%
|
205
+8%
|
220
+7%
|
263
+20%
|
280
+7%
|
318
+13%
|
350
+10%
|
402
+15%
|
466
+16%
|
506
+9%
|
623
+23%
|
598
-4%
|
646
+8%
|
707
+9%
|
705
0%
|
675
-4%
|
728
+8%
|
674
-7%
|
776
+15%
|
|
Pre-Tax Income | ||||||||||||||||||||||
Interest Income Expense |
1
|
5
|
12
|
17
|
17
|
14
|
12
|
4
|
(11)
|
(13)
|
(10)
|
(5)
|
10
|
32
|
56
|
86
|
157
|
147
|
104
|
140
|
54
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
5
|
5
|
21
|
22
|
22
|
15
|
1
|
46
|
57
|
62
|
59
|
11
|
(0)
|
17
|
17
|
17
|
18
|
14
|
20
|
16
|
18
|
|
Pre-Tax Income |
196
N/A
|
204
+4%
|
222
+9%
|
244
+9%
|
258
+6%
|
292
+13%
|
293
+0%
|
369
+26%
|
396
+7%
|
451
+14%
|
515
+14%
|
512
0%
|
633
+24%
|
647
+2%
|
718
+11%
|
810
+13%
|
881
+9%
|
837
-5%
|
851
+2%
|
830
-3%
|
847
+2%
|
|
Net Income | ||||||||||||||||||||||
Tax Provision |
(32)
|
(34)
|
(39)
|
(39)
|
(45)
|
(48)
|
(50)
|
(66)
|
(72)
|
(64)
|
(73)
|
(61)
|
(63)
|
(20)
|
(34)
|
(45)
|
(35)
|
(12)
|
4
|
3
|
(19)
|
|
Income from Continuing Operations |
164
|
170
|
184
|
205
|
214
|
244
|
243
|
302
|
324
|
387
|
441
|
451
|
569
|
627
|
684
|
765
|
846
|
824
|
855
|
832
|
828
|
|
Income to Minority Interest |
1
|
1
|
0
|
0
|
0
|
4
|
6
|
10
|
15
|
8
|
8
|
6
|
7
|
16
|
18
|
22
|
28
|
37
|
48
|
58
|
60
|
|
Net Income (Common) |
164
N/A
|
171
+4%
|
184
+8%
|
205
+11%
|
214
+4%
|
248
+16%
|
249
+1%
|
313
+26%
|
338
+8%
|
394
+17%
|
450
+14%
|
457
+2%
|
576
+26%
|
643
+12%
|
703
+9%
|
787
+12%
|
874
+11%
|
862
-1%
|
903
+5%
|
890
-1%
|
889
0%
|
|
EPS (Diluted) |
2.35
N/A
|
2.37
+1%
|
1.96
-17%
|
2.19
+12%
|
2.28
+4%
|
2.64
+16%
|
2.65
+0%
|
3.34
+26%
|
3.61
+8%
|
4.21
+17%
|
4.41
+5%
|
2.74
-38%
|
3.45
+26%
|
2.4
-30%
|
4.02
+68%
|
4.5
+12%
|
3.13
-30%
|
3.09
-1%
|
3.23
+5%
|
3.19
-1%
|
3.14
-2%
|