China Motor Corp
TWSE:2204
Income Statement
Earnings Waterfall
China Motor Corp
Revenue
|
38.5B
TWD
|
Cost of Revenue
|
-32.5B
TWD
|
Gross Profit
|
6.1B
TWD
|
Operating Expenses
|
-3.4B
TWD
|
Operating Income
|
2.6B
TWD
|
Other Expenses
|
3B
TWD
|
Net Income
|
5.7B
TWD
|
Income Statement
China Motor Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | 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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
35 540
N/A
|
35 575
+0%
|
36 894
+4%
|
37 226
+1%
|
35 951
-3%
|
36 736
+2%
|
36 045
-2%
|
35 965
0%
|
36 884
+3%
|
36 811
0%
|
38 274
+4%
|
39 842
+4%
|
40 584
+2%
|
40 634
+0%
|
41 185
+1%
|
40 075
-3%
|
38 908
-3%
|
38 463
-1%
|
35 805
-7%
|
35 089
-2%
|
34 870
-1%
|
33 184
-5%
|
32 926
-1%
|
32 148
-2%
|
32 068
0%
|
31 004
-3%
|
29 837
-4%
|
30 536
+2%
|
30 875
+1%
|
31 857
+3%
|
32 292
+1%
|
32 717
+1%
|
31 125
-5%
|
29 721
-5%
|
29 339
-1%
|
28 271
-4%
|
29 554
+5%
|
31 390
+6%
|
33 627
+7%
|
35 408
+5%
|
38 507
+9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(30 385)
|
(29 984)
|
(30 913)
|
(31 183)
|
(29 898)
|
(30 372)
|
(29 696)
|
(29 526)
|
(30 181)
|
(30 227)
|
(31 480)
|
(32 670)
|
(33 404)
|
(33 533)
|
(34 104)
|
(33 249)
|
(32 397)
|
(31 809)
|
(29 441)
|
(28 938)
|
(28 677)
|
(27 474)
|
(27 351)
|
(26 829)
|
(26 817)
|
(26 015)
|
(25 164)
|
(25 645)
|
(25 969)
|
(26 846)
|
(27 240)
|
(27 991)
|
(26 185)
|
(25 618)
|
(25 252)
|
(24 078)
|
(24 680)
|
(26 231)
|
(28 289)
|
(29 877)
|
(32 453)
|
|
Gross Profit |
5 155
N/A
|
5 590
+8%
|
5 979
+7%
|
6 041
+1%
|
6 053
+0%
|
6 363
+5%
|
6 349
0%
|
6 440
+1%
|
6 703
+4%
|
6 584
-2%
|
6 794
+3%
|
7 171
+6%
|
7 181
+0%
|
7 100
-1%
|
7 080
0%
|
6 825
-4%
|
6 511
-5%
|
6 653
+2%
|
6 364
-4%
|
6 151
-3%
|
6 193
+1%
|
5 711
-8%
|
5 575
-2%
|
5 318
-5%
|
5 251
-1%
|
4 989
-5%
|
4 673
-6%
|
4 891
+5%
|
4 906
+0%
|
5 011
+2%
|
5 052
+1%
|
4 726
-6%
|
4 940
+5%
|
4 103
-17%
|
4 087
0%
|
4 193
+3%
|
4 874
+16%
|
5 160
+6%
|
5 338
+3%
|
5 531
+4%
|
6 053
+9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 774)
|
(3 963)
|
(3 799)
|
(3 762)
|
(4 084)
|
(4 282)
|
(4 091)
|
(4 343)
|
(4 488)
|
(4 404)
|
(4 627)
|
(4 696)
|
(4 589)
|
(4 552)
|
(4 526)
|
(4 412)
|
(4 077)
|
(4 246)
|
(4 284)
|
(4 293)
|
(4 295)
|
(4 053)
|
(3 851)
|
(3 601)
|
(3 431)
|
(3 269)
|
(3 048)
|
(3 081)
|
(3 129)
|
(3 059)
|
(2 666)
|
(2 458)
|
(2 901)
|
(2 445)
|
(2 508)
|
(2 321)
|
(2 933)
|
(3 142)
|
(3 364)
|
(3 534)
|
(3 405)
|
|
Selling, General & Administrative |
(1 971)
|
(1 790)
|
(1 879)
|
(1 837)
|
(1 873)
|
(1 942)
|
(1 835)
|
(1 878)
|
(2 053)
|
(1 947)
|
(2 007)
|
(2 079)
|
(1 868)
|
(1 876)
|
(1 903)
|
(1 942)
|
(2 059)
|
(2 218)
|
(2 216)
|
(2 310)
|
(2 200)
|
(2 020)
|
(1 995)
|
(1 781)
|
(1 763)
|
(1 582)
|
(1 407)
|
(1 462)
|
(1 470)
|
(1 354)
|
(1 227)
|
(962)
|
(1 472)
|
(828)
|
(800)
|
(840)
|
(1 334)
|
(1 451)
|
(1 585)
|
(1 670)
|
(1 818)
|
|
Research & Development |
(1 774)
|
(1 871)
|
(1 862)
|
(1 879)
|
(2 187)
|
(2 167)
|
(2 221)
|
(2 399)
|
(2 407)
|
(2 442)
|
(2 603)
|
(2 618)
|
(2 675)
|
(2 625)
|
(2 558)
|
(2 405)
|
(1 990)
|
(1 977)
|
(2 011)
|
(1 935)
|
(2 052)
|
(2 000)
|
(1 836)
|
(1 811)
|
(1 657)
|
(1 643)
|
(1 653)
|
(1 608)
|
(1 660)
|
(1 045)
|
(871)
|
(923)
|
(1 383)
|
(1 416)
|
(1 502)
|
(1 432)
|
(1 551)
|
(1 585)
|
(1 672)
|
(1 771)
|
(1 532)
|
|
Depreciation & Amortization |
(57)
|
(58)
|
(59)
|
(59)
|
(33)
|
(46)
|
(49)
|
(44)
|
(38)
|
(45)
|
(36)
|
(36)
|
(38)
|
(36)
|
(36)
|
(36)
|
(38)
|
(36)
|
(36)
|
(27)
|
(41)
|
(21)
|
(25)
|
0
|
(58)
|
(33)
|
(41)
|
(61)
|
0
|
(52)
|
(42)
|
(33)
|
(45)
|
(45)
|
(46)
|
(46)
|
(46)
|
(46)
|
(46)
|
(46)
|
(57)
|
|
Other Operating Expenses |
28
|
(244)
|
2
|
14
|
9
|
(127)
|
14
|
(23)
|
10
|
30
|
18
|
38
|
(8)
|
(14)
|
(29)
|
(29)
|
10
|
(15)
|
(21)
|
(22)
|
(2)
|
(12)
|
5
|
(9)
|
48
|
(11)
|
52
|
50
|
1
|
(607)
|
(525)
|
(539)
|
(2)
|
(155)
|
(160)
|
(3)
|
(2)
|
(59)
|
(61)
|
(47)
|
2
|
|
Operating Income |
1 380
N/A
|
1 628
+18%
|
2 182
+34%
|
2 280
+4%
|
1 970
-14%
|
2 080
+6%
|
2 256
+8%
|
2 095
-7%
|
2 215
+6%
|
2 179
-2%
|
2 165
-1%
|
2 474
+14%
|
2 592
+5%
|
2 547
-2%
|
2 554
+0%
|
2 413
-6%
|
2 435
+1%
|
2 408
-1%
|
2 081
-14%
|
1 859
-11%
|
1 898
+2%
|
1 657
-13%
|
1 723
+4%
|
1 717
0%
|
1 820
+6%
|
1 720
-5%
|
1 625
-6%
|
1 810
+11%
|
1 777
-2%
|
1 952
+10%
|
2 386
+22%
|
2 268
-5%
|
2 040
-10%
|
1 658
-19%
|
1 578
-5%
|
1 872
+19%
|
1 940
+4%
|
2 018
+4%
|
1 973
-2%
|
1 997
+1%
|
2 648
+33%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1 681
|
1 678
|
1 395
|
1 381
|
1 260
|
1 176
|
1 341
|
1 524
|
1 601
|
1 729
|
1 753
|
1 611
|
1 494
|
1 497
|
1 819
|
2 107
|
2 438
|
2 803
|
2 570
|
2 630
|
2 582
|
2 228
|
709
|
227
|
(3 544)
|
(3 841)
|
(2 013)
|
(1 644)
|
2 059
|
2 653
|
2 598
|
2 668
|
3 024
|
3 243
|
(3 301)
|
(4 918)
|
(9 152)
|
(8 965)
|
(2 122)
|
86
|
4 278
|
|
Non-Reccuring Items |
(257)
|
0
|
(328)
|
(210)
|
(129)
|
0
|
(60)
|
(60)
|
(37)
|
(36)
|
(38)
|
(41)
|
(39)
|
(39)
|
(55)
|
(52)
|
(84)
|
(94)
|
(74)
|
(86)
|
(228)
|
(218)
|
(254)
|
(243)
|
(52)
|
0
|
(110)
|
(110)
|
(102)
|
0
|
0
|
(154)
|
(147)
|
0
|
0
|
(0)
|
(45)
|
0
|
0
|
0
|
(67)
|
|
Total Other Income |
262
|
253
|
281
|
250
|
138
|
135
|
138
|
148
|
112
|
117
|
119
|
120
|
39
|
33
|
38
|
27
|
87
|
97
|
85
|
78
|
59
|
50
|
64
|
64
|
95
|
128
|
42
|
40
|
19
|
(9)
|
124
|
129
|
162
|
195
|
158
|
165
|
148
|
47
|
32
|
(100)
|
(45)
|
|
Pre-Tax Income |
3 065
N/A
|
3 558
+16%
|
3 528
-1%
|
3 699
+5%
|
3 240
-12%
|
3 390
+5%
|
3 675
+8%
|
3 708
+1%
|
3 891
+5%
|
3 988
+2%
|
3 999
+0%
|
4 164
+4%
|
4 086
-2%
|
4 040
-1%
|
4 357
+8%
|
4 497
+3%
|
4 876
+8%
|
5 214
+7%
|
4 662
-11%
|
4 481
-4%
|
4 311
-4%
|
3 718
-14%
|
2 242
-40%
|
1 766
-21%
|
(1 680)
N/A
|
(1 992)
-19%
|
(456)
+77%
|
97
N/A
|
3 752
+3 785%
|
4 596
+22%
|
5 108
+11%
|
4 911
-4%
|
5 078
+3%
|
5 096
+0%
|
(1 564)
N/A
|
(2 881)
-84%
|
(7 109)
-147%
|
(6 900)
+3%
|
(117)
+98%
|
1 982
N/A
|
6 814
+244%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(315)
|
(411)
|
(428)
|
(454)
|
(418)
|
(400)
|
(457)
|
(438)
|
(387)
|
(385)
|
(350)
|
(364)
|
(493)
|
(468)
|
(493)
|
(474)
|
(339)
|
(430)
|
(401)
|
(381)
|
(419)
|
(391)
|
(464)
|
(533)
|
(628)
|
(525)
|
(352)
|
(243)
|
(212)
|
(313)
|
(505)
|
(630)
|
(675)
|
(682)
|
(683)
|
(573)
|
(496)
|
(473)
|
(305)
|
(505)
|
(890)
|
|
Income from Continuing Operations |
2 751
|
3 148
|
3 101
|
3 246
|
2 821
|
2 991
|
3 219
|
3 269
|
3 505
|
3 602
|
3 648
|
3 800
|
3 592
|
3 573
|
3 865
|
4 023
|
4 537
|
4 783
|
4 260
|
4 100
|
3 892
|
3 328
|
1 778
|
1 232
|
(2 308)
|
(2 518)
|
(808)
|
(147)
|
3 541
|
4 283
|
4 603
|
4 281
|
4 403
|
4 414
|
(2 247)
|
(3 454)
|
(7 604)
|
(7 373)
|
(422)
|
1 478
|
5 924
|
|
Income to Minority Interest |
(218)
|
(260)
|
(304)
|
(279)
|
(263)
|
(278)
|
(272)
|
(292)
|
(339)
|
(380)
|
(399)
|
(405)
|
(408)
|
(391)
|
(409)
|
(421)
|
(435)
|
(403)
|
(372)
|
(344)
|
(299)
|
(292)
|
(236)
|
(213)
|
(157)
|
(99)
|
(145)
|
(200)
|
(263)
|
(330)
|
(310)
|
(250)
|
(222)
|
(204)
|
(208)
|
(222)
|
(153)
|
(216)
|
(211)
|
(226)
|
(272)
|
|
Net Income (Common) |
2 532
N/A
|
2 887
+14%
|
2 796
-3%
|
2 966
+6%
|
2 558
-14%
|
2 712
+6%
|
2 946
+9%
|
2 977
+1%
|
3 166
+6%
|
3 223
+2%
|
3 251
+1%
|
3 397
+4%
|
3 189
-6%
|
3 186
0%
|
3 461
+9%
|
3 607
+4%
|
4 106
+14%
|
4 382
+7%
|
3 888
-11%
|
3 756
-3%
|
3 593
-4%
|
3 036
-16%
|
1 542
-49%
|
1 019
-34%
|
(2 466)
N/A
|
(2 617)
-6%
|
(953)
+64%
|
(346)
+64%
|
3 277
N/A
|
3 952
+21%
|
4 293
+9%
|
4 031
-6%
|
4 182
+4%
|
4 210
+1%
|
(2 455)
N/A
|
(3 676)
-50%
|
(7 758)
-111%
|
(7 590)
+2%
|
(633)
+92%
|
1 251
N/A
|
5 652
+352%
|
|
EPS (Diluted) |
4.65
N/A
|
5.3
+14%
|
5.13
-3%
|
5.44
+6%
|
4.69
-14%
|
4.97
+6%
|
5.4
+9%
|
5.45
+1%
|
5.79
+6%
|
5.89
+2%
|
5.88
0%
|
6.21
+6%
|
5.83
-6%
|
5.83
N/A
|
6.33
+9%
|
6.6
+4%
|
7.52
+14%
|
8.02
+7%
|
7.12
-11%
|
6.88
-3%
|
6.58
-4%
|
5.56
-16%
|
2.82
-49%
|
1.86
-34%
|
-2.38
N/A
|
-4.79
-101%
|
-1.74
+64%
|
-0.63
+64%
|
6
N/A
|
7.24
+21%
|
7.86
+9%
|
7.38
-6%
|
7.66
+4%
|
7.71
+1%
|
-4.51
N/A
|
-6.75
-50%
|
-14.22
-111%
|
-13.92
+2%
|
-1.16
+92%
|
2.29
N/A
|
10.35
+352%
|