
Guizhou Space Appliance Co Ltd
SZSE:002025

Income Statement
Earnings Waterfall
Guizhou Space Appliance Co Ltd
Revenue
|
5B
CNY
|
Cost of Revenue
|
-2.7B
CNY
|
Gross Profit
|
2.3B
CNY
|
Operating Expenses
|
-1.6B
CNY
|
Operating Income
|
677.3m
CNY
|
Other Expenses
|
-110.5m
CNY
|
Net Income
|
566.8m
CNY
|
Income Statement
Guizhou Space Appliance 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 |
1 577
N/A
|
1 604
+2%
|
1 670
+4%
|
1 696
+2%
|
1 761
+4%
|
1 873
+6%
|
1 950
+4%
|
2 072
+6%
|
2 132
+3%
|
2 256
+6%
|
2 339
+4%
|
2 430
+4%
|
2 429
0%
|
2 612
+8%
|
2 482
-5%
|
2 508
+1%
|
2 772
+11%
|
2 834
+2%
|
3 024
+7%
|
3 285
+9%
|
3 385
+3%
|
3 534
+4%
|
3 622
+3%
|
3 793
+5%
|
4 024
+6%
|
4 218
+5%
|
4 577
+9%
|
4 682
+2%
|
4 964
+6%
|
5 147
+4%
|
5 503
+7%
|
5 841
+6%
|
6 071
+4%
|
6 020
-1%
|
6 293
+5%
|
6 571
+4%
|
6 517
-1%
|
6 210
-5%
|
6 041
-3%
|
5 511
-9%
|
5 002
-9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 007)
|
(991)
|
(1 025)
|
(1 029)
|
(1 073)
|
(1 195)
|
(1 253)
|
(1 358)
|
(1 379)
|
(1 454)
|
(1 514)
|
(1 567)
|
(1 555)
|
(1 666)
|
(1 541)
|
(1 577)
|
(1 761)
|
(1 792)
|
(1 935)
|
(2 164)
|
(2 198)
|
(2 300)
|
(2 380)
|
(2 487)
|
(2 709)
|
(2 767)
|
(3 052)
|
(3 088)
|
(3 288)
|
(3 507)
|
(3 742)
|
(4 031)
|
(4 213)
|
(4 070)
|
(4 250)
|
(4 339)
|
(4 248)
|
(3 858)
|
(3 708)
|
(3 085)
|
(2 733)
|
|
Gross Profit |
571
N/A
|
614
+8%
|
645
+5%
|
668
+4%
|
688
+3%
|
678
-1%
|
697
+3%
|
714
+2%
|
753
+5%
|
802
+7%
|
825
+3%
|
863
+5%
|
874
+1%
|
946
+8%
|
941
-1%
|
932
-1%
|
1 011
+9%
|
1 043
+3%
|
1 089
+4%
|
1 121
+3%
|
1 188
+6%
|
1 233
+4%
|
1 242
+1%
|
1 306
+5%
|
1 315
+1%
|
1 452
+10%
|
1 525
+5%
|
1 593
+4%
|
1 676
+5%
|
1 640
-2%
|
1 761
+7%
|
1 810
+3%
|
1 858
+3%
|
1 950
+5%
|
2 043
+5%
|
2 232
+9%
|
2 269
+2%
|
2 352
+4%
|
2 333
-1%
|
2 426
+4%
|
2 269
-6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(343)
|
(389)
|
(414)
|
(426)
|
(437)
|
(394)
|
(416)
|
(425)
|
(451)
|
(497)
|
(516)
|
(540)
|
(548)
|
(584)
|
(580)
|
(572)
|
(615)
|
(626)
|
(655)
|
(658)
|
(717)
|
(736)
|
(759)
|
(797)
|
(779)
|
(883)
|
(909)
|
(961)
|
(1 033)
|
(1 022)
|
(1 109)
|
(1 149)
|
(1 192)
|
(1 276)
|
(1 293)
|
(1 409)
|
(1 416)
|
(1 443)
|
(1 418)
|
(1 570)
|
(1 591)
|
|
Selling, General & Administrative |
(323)
|
(228)
|
(397)
|
(410)
|
(418)
|
(211)
|
(399)
|
(404)
|
(431)
|
(261)
|
(493)
|
(512)
|
(520)
|
(336)
|
(587)
|
(578)
|
(498)
|
(335)
|
(395)
|
(337)
|
(360)
|
(362)
|
(418)
|
(470)
|
(520)
|
(465)
|
(496)
|
(521)
|
(588)
|
(524)
|
(569)
|
(556)
|
(567)
|
(688)
|
(698)
|
(781)
|
(789)
|
(793)
|
(798)
|
(908)
|
(919)
|
|
Research & Development |
0
|
(146)
|
0
|
0
|
0
|
(165)
|
0
|
0
|
0
|
(214)
|
0
|
0
|
0
|
(237)
|
0
|
0
|
(110)
|
(302)
|
(266)
|
(326)
|
(361)
|
(378)
|
(393)
|
(412)
|
(378)
|
(428)
|
(434)
|
(451)
|
(471)
|
(516)
|
(540)
|
(585)
|
(606)
|
(625)
|
(637)
|
(686)
|
(677)
|
(699)
|
(714)
|
(757)
|
(763)
|
|
Depreciation & Amortization |
0
|
(13)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(20)
|
(1)
|
(17)
|
(17)
|
(20)
|
(0)
|
(18)
|
(22)
|
(20)
|
(2)
|
(23)
|
(29)
|
(29)
|
8
|
7
|
7
|
(7)
|
35
|
6
|
6
|
4
|
29
|
51
|
85
|
120
|
36
|
22
|
11
|
26
|
43
|
(0)
|
(8)
|
(19)
|
63
|
42
|
58
|
50
|
78
|
93
|
95
|
90
|
|
Operating Income |
228
N/A
|
225
-1%
|
231
+3%
|
241
+4%
|
250
+4%
|
284
+14%
|
281
-1%
|
289
+3%
|
302
+4%
|
305
+1%
|
309
+1%
|
322
+4%
|
326
+1%
|
362
+11%
|
361
0%
|
360
0%
|
396
+10%
|
416
+5%
|
434
+4%
|
464
+7%
|
471
+2%
|
497
+6%
|
483
-3%
|
509
+5%
|
536
+5%
|
569
+6%
|
617
+8%
|
633
+3%
|
643
+2%
|
618
-4%
|
652
+6%
|
660
+1%
|
666
+1%
|
674
+1%
|
751
+11%
|
822
+10%
|
852
+4%
|
910
+7%
|
915
+1%
|
856
-6%
|
677
-21%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
5
|
9
|
11
|
12
|
12
|
11
|
16
|
19
|
22
|
25
|
25
|
22
|
21
|
18
|
15
|
16
|
17
|
15
|
17
|
16
|
18
|
15
|
10
|
10
|
1
|
1
|
(2)
|
(4)
|
2
|
7
|
8
|
23
|
24
|
35
|
30
|
25
|
26
|
24
|
25
|
25
|
15
|
|
Non-Reccuring Items |
0
|
(2)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(2)
|
1
|
1
|
1
|
0
|
1
|
1
|
(0)
|
|
Gain/Loss on Disposition of Assets |
(0)
|
(0)
|
0
|
0
|
(0)
|
(3)
|
(0)
|
(0)
|
(0)
|
(6)
|
(5)
|
(6)
|
(6)
|
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 |
8
|
13
|
13
|
17
|
19
|
15
|
12
|
12
|
15
|
17
|
23
|
26
|
28
|
12
|
9
|
5
|
2
|
15
|
12
|
10
|
8
|
7
|
6
|
5
|
4
|
12
|
9
|
8
|
17
|
11
|
11
|
10
|
3
|
(0)
|
(5)
|
(6)
|
(8)
|
3
|
2
|
2
|
3
|
|
Pre-Tax Income |
241
N/A
|
245
+2%
|
255
+4%
|
271
+6%
|
281
+4%
|
296
+5%
|
308
+4%
|
321
+4%
|
339
+6%
|
337
0%
|
352
+4%
|
365
+4%
|
368
+1%
|
391
+6%
|
384
-2%
|
381
-1%
|
415
+9%
|
445
+7%
|
464
+4%
|
489
+5%
|
498
+2%
|
505
+2%
|
499
-1%
|
524
+5%
|
540
+3%
|
564
+4%
|
625
+11%
|
637
+2%
|
661
+4%
|
620
-6%
|
671
+8%
|
694
+4%
|
693
0%
|
707
+2%
|
776
+10%
|
842
+8%
|
871
+3%
|
937
+8%
|
942
+1%
|
884
-6%
|
696
-21%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(39)
|
(34)
|
(34)
|
(38)
|
(36)
|
(39)
|
(40)
|
(43)
|
(45)
|
(46)
|
(48)
|
(49)
|
(51)
|
(46)
|
(44)
|
(40)
|
(46)
|
(41)
|
(44)
|
(44)
|
(46)
|
(47)
|
(46)
|
(52)
|
(49)
|
(55)
|
(61)
|
(56)
|
(57)
|
(52)
|
(56)
|
(65)
|
(64)
|
(55)
|
(60)
|
(58)
|
(59)
|
(68)
|
(69)
|
(61)
|
(33)
|
|
Income from Continuing Operations |
203
|
212
|
221
|
233
|
245
|
258
|
268
|
277
|
293
|
292
|
304
|
315
|
318
|
345
|
340
|
341
|
369
|
404
|
420
|
445
|
452
|
459
|
453
|
473
|
492
|
509
|
564
|
581
|
605
|
567
|
615
|
629
|
629
|
651
|
717
|
784
|
811
|
868
|
874
|
824
|
662
|
|
Income to Minority Interest |
(12)
|
(8)
|
(12)
|
(13)
|
(14)
|
(24)
|
(26)
|
(30)
|
(33)
|
(31)
|
(31)
|
(31)
|
(29)
|
(34)
|
(33)
|
(21)
|
(18)
|
(45)
|
(48)
|
(56)
|
(63)
|
(56)
|
(55)
|
(73)
|
(78)
|
(75)
|
(84)
|
(77)
|
(84)
|
(78)
|
(86)
|
(92)
|
(93)
|
(96)
|
(100)
|
(104)
|
(102)
|
(118)
|
(117)
|
(116)
|
(95)
|
|
Net Income (Common) |
191
N/A
|
203
+7%
|
209
+3%
|
220
+5%
|
231
+5%
|
233
+1%
|
242
+4%
|
247
+2%
|
260
+5%
|
261
+0%
|
272
+4%
|
284
+4%
|
289
+2%
|
311
+8%
|
306
-2%
|
319
+4%
|
350
+10%
|
359
+2%
|
372
+4%
|
389
+5%
|
389
+0%
|
402
+3%
|
398
-1%
|
400
+1%
|
413
+3%
|
434
+5%
|
480
+11%
|
504
+5%
|
520
+3%
|
489
-6%
|
528
+8%
|
537
+2%
|
536
0%
|
555
+4%
|
616
+11%
|
680
+10%
|
709
+4%
|
750
+6%
|
756
+1%
|
708
-6%
|
567
-20%
|
|
EPS (Diluted) |
0.44
N/A
|
0.47
+7%
|
0.49
+4%
|
0.46
-6%
|
0.53
+15%
|
0.54
+2%
|
0.55
+2%
|
0.58
+5%
|
0.61
+5%
|
0.61
N/A
|
0.63
+3%
|
0.65
+3%
|
0.66
+2%
|
0.73
+11%
|
0.71
-3%
|
0.75
+6%
|
0.82
+9%
|
0.84
+2%
|
0.87
+4%
|
0.9
+3%
|
0.91
+1%
|
0.94
+3%
|
0.93
-1%
|
0.94
+1%
|
0.97
+3%
|
1.01
+4%
|
1.12
+11%
|
1.18
+5%
|
1.17
-1%
|
1.12
-4%
|
1.16
+4%
|
1.2
+3%
|
1.19
-1%
|
1.23
+3%
|
1.36
+11%
|
1.5
+10%
|
1.57
+5%
|
1.66
+6%
|
1.67
+1%
|
1.53
-8%
|
1.25
-18%
|