
Guangdong Fenghua Advanced Technology Holding Co Ltd
SZSE:000636

Income Statement
Earnings Waterfall
Guangdong Fenghua Advanced Technology Holding Co Ltd
Revenue
|
4.6B
CNY
|
Cost of Revenue
|
-3.7B
CNY
|
Gross Profit
|
836.8m
CNY
|
Operating Expenses
|
-585.4m
CNY
|
Operating Income
|
251.4m
CNY
|
Other Expenses
|
76.1m
CNY
|
Net Income
|
327.5m
CNY
|
Income Statement
Guangdong Fenghua Advanced Technology Holding 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 |
2 298
N/A
|
2 248
-2%
|
2 115
-6%
|
2 047
-3%
|
2 002
-2%
|
1 940
-3%
|
2 117
+9%
|
2 285
+8%
|
2 499
+9%
|
2 774
+11%
|
2 844
+3%
|
3 024
+6%
|
3 150
+4%
|
3 355
+7%
|
3 574
+7%
|
3 964
+11%
|
4 576
+15%
|
4 580
+0%
|
4 590
+0%
|
4 113
-10%
|
3 456
-16%
|
3 293
-5%
|
3 139
-5%
|
3 455
+10%
|
3 826
+11%
|
4 332
+13%
|
4 807
+11%
|
5 253
+9%
|
5 368
+2%
|
5 055
-6%
|
4 983
-1%
|
4 476
-10%
|
4 019
-10%
|
3 874
-4%
|
3 706
-4%
|
3 832
+3%
|
4 195
+9%
|
4 221
+1%
|
4 345
+3%
|
4 537
+4%
|
4 554
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 933)
|
(1 880)
|
(1 760)
|
(1 699)
|
(1 668)
|
(1 590)
|
(1 734)
|
(1 861)
|
(2 016)
|
(2 259)
|
(2 276)
|
(2 406)
|
(2 469)
|
(2 557)
|
(2 692)
|
(2 792)
|
(2 926)
|
(2 695)
|
(2 725)
|
(2 527)
|
(2 400)
|
(2 513)
|
(2 473)
|
(2 650)
|
(2 821)
|
(3 072)
|
(3 377)
|
(3 633)
|
(3 669)
|
(3 467)
|
(3 481)
|
(3 272)
|
(3 167)
|
(3 313)
|
(3 202)
|
(3 389)
|
(3 678)
|
(3 620)
|
(3 695)
|
(3 764)
|
(3 717)
|
|
Gross Profit |
365
N/A
|
368
+1%
|
355
-4%
|
348
-2%
|
335
-4%
|
350
+4%
|
384
+10%
|
424
+10%
|
483
+14%
|
515
+7%
|
568
+10%
|
618
+9%
|
681
+10%
|
798
+17%
|
883
+11%
|
1 172
+33%
|
1 649
+41%
|
1 886
+14%
|
1 865
-1%
|
1 586
-15%
|
1 056
-33%
|
780
-26%
|
666
-15%
|
805
+21%
|
1 005
+25%
|
1 260
+25%
|
1 431
+14%
|
1 620
+13%
|
1 698
+5%
|
1 588
-6%
|
1 502
-5%
|
1 204
-20%
|
852
-29%
|
561
-34%
|
503
-10%
|
443
-12%
|
517
+17%
|
601
+16%
|
651
+8%
|
772
+19%
|
837
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(339)
|
(327)
|
(324)
|
(338)
|
(342)
|
(384)
|
(415)
|
(456)
|
(502)
|
(567)
|
(595)
|
(573)
|
(550)
|
(496)
|
(497)
|
(531)
|
(554)
|
(577)
|
(673)
|
(618)
|
(563)
|
(410)
|
(424)
|
(465)
|
(516)
|
(554)
|
(739)
|
(787)
|
(825)
|
(694)
|
(671)
|
(662)
|
(674)
|
(581)
|
(669)
|
(663)
|
(634)
|
(560)
|
(595)
|
(583)
|
(585)
|
|
Selling, General & Administrative |
(320)
|
(245)
|
(319)
|
(331)
|
(331)
|
(278)
|
(374)
|
(401)
|
(437)
|
(427)
|
(481)
|
(480)
|
(439)
|
(358)
|
(424)
|
(451)
|
(453)
|
(420)
|
(412)
|
(346)
|
(338)
|
(304)
|
(293)
|
(320)
|
(349)
|
(416)
|
(442)
|
(461)
|
(463)
|
(434)
|
(418)
|
(396)
|
(393)
|
(376)
|
(382)
|
(388)
|
(402)
|
(381)
|
(432)
|
(438)
|
(429)
|
|
Research & Development |
0
|
(62)
|
0
|
0
|
0
|
(83)
|
0
|
0
|
0
|
(114)
|
0
|
0
|
(35)
|
(131)
|
0
|
0
|
(53)
|
(158)
|
(121)
|
(151)
|
(133)
|
(134)
|
(147)
|
(164)
|
(188)
|
(216)
|
(262)
|
(285)
|
(302)
|
(276)
|
(275)
|
(265)
|
(252)
|
(199)
|
(229)
|
(228)
|
(215)
|
(162)
|
(198)
|
(191)
|
(206)
|
|
Depreciation & Amortization |
0
|
(19)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(54)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(69)
|
0
|
0
|
0
|
(82)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(19)
|
(2)
|
(5)
|
(8)
|
(12)
|
(1)
|
(41)
|
(56)
|
(65)
|
(1)
|
(113)
|
(92)
|
(77)
|
29
|
(73)
|
(80)
|
(48)
|
55
|
(140)
|
(121)
|
(93)
|
62
|
15
|
19
|
21
|
120
|
(35)
|
(40)
|
(60)
|
66
|
22
|
(1)
|
(29)
|
63
|
(57)
|
(47)
|
(18)
|
64
|
35
|
45
|
49
|
|
Operating Income |
26
N/A
|
41
+55%
|
31
-24%
|
10
-69%
|
(8)
N/A
|
(35)
-364%
|
(31)
+10%
|
(33)
-5%
|
(19)
+42%
|
(52)
-174%
|
(27)
+48%
|
45
N/A
|
131
+191%
|
302
+131%
|
386
+28%
|
642
+66%
|
1 096
+71%
|
1 309
+19%
|
1 193
-9%
|
968
-19%
|
493
-49%
|
370
-25%
|
242
-35%
|
340
+41%
|
489
+44%
|
707
+44%
|
692
-2%
|
833
+20%
|
874
+5%
|
895
+2%
|
831
-7%
|
542
-35%
|
178
-67%
|
(21)
N/A
|
(165)
-702%
|
(220)
-34%
|
(117)
+47%
|
41
N/A
|
56
+38%
|
189
+237%
|
251
+33%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
43
|
55
|
58
|
87
|
95
|
75
|
97
|
117
|
143
|
160
|
123
|
97
|
61
|
63
|
60
|
52
|
63
|
67
|
82
|
101
|
109
|
90
|
107
|
98
|
87
|
90
|
78
|
70
|
149
|
81
|
154
|
199
|
157
|
186
|
300
|
279
|
268
|
189
|
165
|
161
|
136
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(39)
|
(0)
|
4
|
0
|
(149)
|
0
|
0
|
0
|
(67)
|
1
|
2
|
2
|
(102)
|
0
|
(1)
|
54
|
112
|
91
|
128
|
85
|
162
|
51
|
15
|
5
|
(51)
|
3
|
2
|
0
|
|
Gain/Loss on Disposition of Assets |
(0)
|
0
|
(0)
|
0
|
0
|
10
|
(0)
|
(1)
|
1
|
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
|
0
|
0
|
0
|
|
Total Other Income |
49
|
20
|
23
|
24
|
23
|
41
|
50
|
55
|
52
|
35
|
28
|
18
|
14
|
(15)
|
(27)
|
(27)
|
(24)
|
(3)
|
(3)
|
(4)
|
(4)
|
(2)
|
(2)
|
(92)
|
(169)
|
(228)
|
(229)
|
(150)
|
(69)
|
(9)
|
(7)
|
35
|
18
|
20
|
17
|
(38)
|
(22)
|
4
|
(25)
|
(20)
|
(18)
|
|
Pre-Tax Income |
118
N/A
|
116
-2%
|
111
-4%
|
121
+8%
|
111
-8%
|
88
-20%
|
115
+30%
|
139
+21%
|
177
+28%
|
125
-29%
|
126
+0%
|
163
+30%
|
205
+26%
|
311
+51%
|
419
+35%
|
672
+60%
|
1 135
+69%
|
1 224
+8%
|
1 272
+4%
|
1 065
-16%
|
598
-44%
|
391
-35%
|
347
-11%
|
349
+0%
|
409
+17%
|
467
+14%
|
541
+16%
|
753
+39%
|
1 008
+34%
|
1 079
+7%
|
1 069
-1%
|
905
-15%
|
437
-52%
|
347
-21%
|
203
-42%
|
36
-82%
|
134
+274%
|
183
+37%
|
200
+9%
|
332
+66%
|
370
+11%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(22)
|
(20)
|
(20)
|
(24)
|
(22)
|
(24)
|
(23)
|
(31)
|
(42)
|
(32)
|
(33)
|
(37)
|
(36)
|
(49)
|
(69)
|
(107)
|
(169)
|
(195)
|
(204)
|
(155)
|
(105)
|
(43)
|
(32)
|
(43)
|
(65)
|
(94)
|
(106)
|
(130)
|
(107)
|
(128)
|
(124)
|
(93)
|
(54)
|
(8)
|
16
|
25
|
8
|
(2)
|
(7)
|
(36)
|
(44)
|
|
Income from Continuing Operations |
96
|
95
|
91
|
97
|
89
|
65
|
93
|
108
|
135
|
93
|
92
|
126
|
170
|
262
|
350
|
564
|
966
|
1 029
|
1 068
|
911
|
493
|
348
|
315
|
306
|
345
|
373
|
436
|
623
|
900
|
951
|
945
|
812
|
383
|
339
|
218
|
61
|
142
|
181
|
193
|
296
|
326
|
|
Income to Minority Interest |
(2)
|
(1)
|
0
|
(1)
|
(2)
|
(3)
|
(6)
|
(7)
|
(8)
|
(7)
|
(9)
|
(9)
|
(12)
|
(15)
|
(15)
|
(15)
|
(14)
|
(12)
|
(10)
|
(9)
|
(10)
|
(9)
|
(9)
|
(11)
|
(13)
|
(14)
|
(15)
|
(13)
|
(9)
|
(8)
|
(7)
|
(6)
|
(6)
|
(12)
|
(13)
|
(17)
|
(16)
|
(8)
|
(5)
|
(1)
|
2
|
|
Net Income (Common) |
94
N/A
|
94
+1%
|
91
-3%
|
96
+5%
|
88
-9%
|
62
-30%
|
87
+41%
|
101
+15%
|
127
+26%
|
86
-32%
|
83
-4%
|
117
+41%
|
158
+35%
|
247
+56%
|
336
+36%
|
549
+63%
|
952
+74%
|
1 017
+7%
|
1 058
+4%
|
901
-15%
|
483
-46%
|
339
-30%
|
306
-10%
|
295
-4%
|
332
+12%
|
359
+8%
|
420
+17%
|
610
+45%
|
891
+46%
|
943
+6%
|
937
-1%
|
806
-14%
|
377
-53%
|
327
-13%
|
205
-37%
|
44
-79%
|
126
+185%
|
173
+38%
|
188
+8%
|
296
+57%
|
328
+11%
|
|
EPS (Diluted) |
0.14
N/A
|
0.14
N/A
|
0.11
-21%
|
0.11
N/A
|
0.12
+9%
|
0.08
-33%
|
0.1
+25%
|
0.11
+10%
|
0.14
+27%
|
0.1
-29%
|
0.09
-10%
|
0.12
+33%
|
0.17
+42%
|
0.28
+65%
|
0.37
+32%
|
0.61
+65%
|
1.06
+74%
|
1.14
+8%
|
1.18
+4%
|
1.01
-14%
|
0.54
-47%
|
0.38
-30%
|
0.34
-11%
|
0.32
-6%
|
0.36
+13%
|
0.4
+11%
|
0.46
+15%
|
0.68
+48%
|
0.99
+46%
|
1.05
+6%
|
1.05
N/A
|
0.73
-30%
|
0.33
-55%
|
0.31
-6%
|
0.19
-39%
|
0.04
-79%
|
0.11
+175%
|
0.15
+36%
|
0.16
+7%
|
0.25
+56%
|
0.28
+12%
|