
Avic Aviation High Technology Co Ltd
SSE:600862

Income Statement
Earnings Waterfall
Avic Aviation High Technology Co Ltd
Revenue
|
5B
CNY
|
Cost of Revenue
|
-3.2B
CNY
|
Gross Profit
|
1.8B
CNY
|
Operating Expenses
|
-546.8m
CNY
|
Operating Income
|
1.3B
CNY
|
Other Expenses
|
-175.3m
CNY
|
Net Income
|
1.1B
CNY
|
Income Statement
Avic Aviation High Technology Co Ltd
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 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
775
N/A
|
1 049
+35%
|
1 131
+8%
|
1 075
-5%
|
1 122
+4%
|
1 988
+77%
|
882
-56%
|
1 578
+79%
|
1 953
+24%
|
2 912
+49%
|
3 361
+15%
|
3 593
+7%
|
3 522
-2%
|
3 044
-14%
|
3 030
0%
|
2 676
-12%
|
2 739
+2%
|
2 653
-3%
|
2 628
-1%
|
2 708
+3%
|
2 776
+3%
|
2 473
-11%
|
2 561
+4%
|
2 795
+9%
|
2 670
-4%
|
2 912
+9%
|
3 132
+8%
|
3 077
-2%
|
3 425
+11%
|
3 808
+11%
|
3 972
+4%
|
4 173
+5%
|
4 321
+4%
|
4 446
+3%
|
4 543
+2%
|
4 559
+0%
|
4 705
+3%
|
4 780
+2%
|
4 845
+1%
|
4 914
+1%
|
4 978
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(700)
|
(816)
|
(865)
|
(760)
|
(739)
|
(1 604)
|
(406)
|
(1 018)
|
(1 339)
|
(2 458)
|
(2 810)
|
(2 938)
|
(2 876)
|
(2 443)
|
(2 381)
|
(2 056)
|
(2 044)
|
(1 790)
|
(1 709)
|
(1 712)
|
(1 791)
|
(1 664)
|
(1 708)
|
(1 940)
|
(1 831)
|
(2 038)
|
(2 184)
|
(2 135)
|
(2 353)
|
(2 667)
|
(2 783)
|
(2 935)
|
(3 046)
|
(3 073)
|
(3 127)
|
(3 083)
|
(3 115)
|
(3 029)
|
(3 085)
|
(3 152)
|
(3 157)
|
|
Gross Profit |
75
N/A
|
233
+209%
|
266
+14%
|
315
+18%
|
382
+21%
|
384
+1%
|
476
+24%
|
561
+18%
|
614
+10%
|
454
-26%
|
551
+21%
|
655
+19%
|
645
-1%
|
601
-7%
|
648
+8%
|
620
-4%
|
696
+12%
|
863
+24%
|
919
+6%
|
995
+8%
|
985
-1%
|
809
-18%
|
853
+5%
|
855
+0%
|
839
-2%
|
874
+4%
|
947
+8%
|
942
-1%
|
1 072
+14%
|
1 141
+6%
|
1 189
+4%
|
1 238
+4%
|
1 275
+3%
|
1 374
+8%
|
1 416
+3%
|
1 476
+4%
|
1 590
+8%
|
1 750
+10%
|
1 759
+1%
|
1 762
+0%
|
1 821
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(192)
|
(122)
|
(114)
|
(105)
|
(100)
|
(201)
|
(238)
|
(304)
|
(336)
|
(414)
|
(450)
|
(415)
|
(429)
|
(466)
|
(553)
|
(561)
|
(560)
|
(405)
|
(361)
|
(382)
|
(394)
|
(398)
|
(392)
|
(426)
|
(414)
|
(382)
|
(368)
|
(363)
|
(361)
|
(465)
|
(450)
|
(458)
|
(499)
|
(520)
|
(511)
|
(529)
|
(551)
|
(592)
|
(578)
|
(548)
|
(547)
|
|
Selling, General & Administrative |
(168)
|
(78)
|
(103)
|
(98)
|
(92)
|
(138)
|
(188)
|
(236)
|
(269)
|
(317)
|
(386)
|
(377)
|
(391)
|
(385)
|
(398)
|
(406)
|
(390)
|
(323)
|
(312)
|
(290)
|
(287)
|
(276)
|
(293)
|
(336)
|
(357)
|
(292)
|
(334)
|
(320)
|
(314)
|
(302)
|
(331)
|
(344)
|
(348)
|
(312)
|
(343)
|
(355)
|
(371)
|
(371)
|
(403)
|
(390)
|
(401)
|
|
Research & Development |
0
|
(35)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
(54)
|
(59)
|
0
|
(86)
|
(58)
|
(58)
|
(93)
|
(81)
|
(90)
|
(99)
|
(97)
|
(111)
|
(85)
|
(94)
|
(101)
|
(84)
|
(148)
|
(153)
|
(143)
|
(173)
|
(155)
|
(183)
|
(188)
|
(193)
|
(165)
|
(176)
|
(171)
|
(161)
|
|
Depreciation & Amortization |
0
|
(9)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(65)
|
0
|
0
|
0
|
(57)
|
0
|
0
|
0
|
(71)
|
0
|
0
|
0
|
(63)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
0
|
(61)
|
0
|
0
|
0
|
(67)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(24)
|
(0)
|
(11)
|
(8)
|
(8)
|
0
|
(50)
|
(68)
|
(67)
|
(1)
|
(65)
|
(39)
|
(39)
|
38
|
(97)
|
(155)
|
(84)
|
33
|
9
|
1
|
(26)
|
38
|
0
|
8
|
54
|
58
|
60
|
58
|
37
|
36
|
34
|
29
|
22
|
8
|
15
|
15
|
13
|
11
|
1
|
13
|
16
|
|
Operating Income |
(116)
N/A
|
111
N/A
|
152
+37%
|
210
+38%
|
282
+35%
|
183
-35%
|
238
+30%
|
257
+8%
|
278
+8%
|
40
-86%
|
101
+154%
|
239
+138%
|
216
-10%
|
136
-37%
|
95
-30%
|
59
-38%
|
135
+129%
|
458
+238%
|
558
+22%
|
613
+10%
|
592
-3%
|
411
-31%
|
461
+12%
|
430
-7%
|
424
-1%
|
492
+16%
|
580
+18%
|
579
0%
|
710
+23%
|
676
-5%
|
739
+9%
|
780
+5%
|
776
0%
|
854
+10%
|
905
+6%
|
947
+5%
|
1 039
+10%
|
1 158
+12%
|
1 181
+2%
|
1 214
+3%
|
1 274
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(70)
|
(9)
|
(6)
|
17
|
42
|
(12)
|
33
|
39
|
48
|
45
|
48
|
58
|
56
|
17
|
20
|
18
|
22
|
20
|
14
|
(7)
|
2
|
21
|
259
|
272
|
259
|
19
|
4
|
9
|
7
|
21
|
30
|
31
|
42
|
34
|
32
|
30
|
57
|
36
|
53
|
54
|
17
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
233
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
8
|
2
|
1
|
2
|
3
|
3
|
3
|
3
|
18
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
Total Other Income |
60
|
32
|
32
|
33
|
34
|
11
|
15
|
18
|
18
|
55
|
62
|
65
|
78
|
8
|
21
|
3
|
(10)
|
3
|
3
|
11
|
9
|
5
|
(4)
|
(3)
|
(5)
|
6
|
9
|
11
|
11
|
1
|
(4)
|
(6)
|
(4)
|
3
|
2
|
2
|
(1)
|
2
|
1
|
1
|
1
|
|
Pre-Tax Income |
(127)
N/A
|
133
N/A
|
178
+34%
|
259
+45%
|
359
+39%
|
182
-49%
|
286
+57%
|
314
+10%
|
344
+10%
|
110
-68%
|
210
+91%
|
363
+72%
|
350
-3%
|
161
-54%
|
136
-16%
|
80
-41%
|
148
+85%
|
481
+226%
|
574
+19%
|
618
+8%
|
603
-2%
|
668
+11%
|
716
+7%
|
699
-2%
|
678
-3%
|
517
-24%
|
592
+15%
|
599
+1%
|
729
+22%
|
706
-3%
|
768
+9%
|
806
+5%
|
816
+1%
|
894
+10%
|
942
+5%
|
982
+4%
|
1 098
+12%
|
1 213
+10%
|
1 235
+2%
|
1 270
+3%
|
1 293
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(25)
|
(19)
|
(22)
|
(21)
|
(29)
|
(39)
|
(21)
|
(35)
|
(42)
|
(42)
|
(63)
|
(97)
|
(91)
|
(77)
|
(49)
|
(53)
|
(60)
|
(120)
|
(160)
|
(142)
|
(146)
|
(103)
|
(89)
|
(85)
|
(78)
|
(87)
|
(111)
|
(107)
|
(131)
|
(114)
|
(123)
|
(124)
|
(124)
|
(127)
|
(134)
|
(140)
|
(151)
|
(175)
|
(175)
|
(171)
|
(182)
|
|
Income from Continuing Operations |
(152)
|
115
|
156
|
238
|
330
|
143
|
266
|
279
|
302
|
68
|
148
|
266
|
259
|
84
|
87
|
27
|
88
|
361
|
413
|
476
|
458
|
565
|
628
|
614
|
601
|
430
|
482
|
492
|
598
|
591
|
645
|
682
|
691
|
767
|
808
|
842
|
947
|
1 038
|
1 060
|
1 099
|
1 111
|
|
Income to Minority Interest |
6
|
0
|
2
|
2
|
(3)
|
2
|
2
|
6
|
6
|
5
|
2
|
1
|
2
|
(0)
|
(20)
|
(31)
|
(37)
|
(57)
|
(43)
|
(48)
|
(48)
|
(13)
|
(5)
|
10
|
14
|
1
|
1
|
0
|
0
|
0
|
0
|
2
|
3
|
(2)
|
1
|
(2)
|
(9)
|
(6)
|
(12)
|
(15)
|
(12)
|
|
Net Income (Common) |
(146)
N/A
|
115
N/A
|
158
+38%
|
239
+52%
|
328
+37%
|
145
-56%
|
268
+85%
|
285
+6%
|
309
+8%
|
73
-76%
|
150
+104%
|
267
+78%
|
262
-2%
|
84
-68%
|
67
-20%
|
(4)
N/A
|
51
N/A
|
304
+496%
|
370
+22%
|
427
+16%
|
410
-4%
|
552
+35%
|
623
+13%
|
624
+0%
|
614
-2%
|
431
-30%
|
482
+12%
|
493
+2%
|
599
+22%
|
591
-1%
|
645
+9%
|
684
+6%
|
694
+2%
|
765
+10%
|
809
+6%
|
841
+4%
|
939
+12%
|
1 031
+10%
|
1 048
+2%
|
1 084
+3%
|
1 099
+1%
|
|
EPS (Diluted) |
-0.23
N/A
|
0.18
N/A
|
0.27
+50%
|
0.37
+37%
|
0.51
+38%
|
0.23
-55%
|
0.19
-17%
|
0.2
+5%
|
0.22
+10%
|
0.05
-77%
|
0.11
+120%
|
0.2
+82%
|
0.2
N/A
|
0.06
-70%
|
0.06
N/A
|
0.01
-83%
|
0.05
+400%
|
0.22
+340%
|
0.27
+23%
|
0.31
+15%
|
0.24
-23%
|
0.4
+67%
|
0.44
+10%
|
0.44
N/A
|
0.46
+5%
|
0.31
-33%
|
0.35
+13%
|
0.36
+3%
|
0.43
+19%
|
0.42
-2%
|
0.46
+10%
|
0.49
+7%
|
0.5
+2%
|
0.55
+10%
|
0.58
+5%
|
0.6
+3%
|
0.67
+12%
|
0.74
+10%
|
0.75
+1%
|
0.78
+4%
|
0.79
+1%
|