Tianshui Huatian Technology Co Ltd
SZSE:002185
Income Statement
Earnings Waterfall
Tianshui Huatian Technology Co Ltd
Revenue
|
13.8B
CNY
|
Cost of Revenue
|
-12.2B
CNY
|
Gross Profit
|
1.5B
CNY
|
Operating Expenses
|
-1.1B
CNY
|
Operating Income
|
432.5m
CNY
|
Other Expenses
|
68m
CNY
|
Net Income
|
500.5m
CNY
|
Income Statement
Tianshui Huatian 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 |
3 176
N/A
|
3 306
+4%
|
3 391
+3%
|
3 465
+2%
|
3 672
+6%
|
3 874
+5%
|
4 239
+9%
|
4 630
+9%
|
5 028
+9%
|
5 475
+9%
|
5 859
+7%
|
6 309
+8%
|
6 812
+8%
|
7 010
+3%
|
7 452
+6%
|
7 484
+0%
|
7 245
-3%
|
7 122
-2%
|
6 905
-3%
|
7 175
+4%
|
7 669
+7%
|
8 104
+6%
|
8 084
0%
|
7 979
-1%
|
7 914
-1%
|
8 382
+6%
|
9 287
+11%
|
10 286
+11%
|
11 332
+10%
|
12 097
+7%
|
12 507
+3%
|
12 699
+2%
|
12 356
-3%
|
11 906
-4%
|
11 137
-6%
|
10 774
-3%
|
10 848
+1%
|
11 298
+4%
|
12 165
+8%
|
12 928
+6%
|
13 761
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 498)
|
(2 583)
|
(2 652)
|
(2 716)
|
(2 891)
|
(3 080)
|
(3 432)
|
(3 825)
|
(4 176)
|
(4 488)
|
(4 798)
|
(5 127)
|
(5 591)
|
(5 761)
|
(6 253)
|
(6 272)
|
(6 014)
|
(5 963)
|
(5 821)
|
(6 150)
|
(6 606)
|
(6 807)
|
(6 686)
|
(6 400)
|
(6 201)
|
(6 573)
|
(7 228)
|
(7 903)
|
(8 629)
|
(9 162)
|
(9 663)
|
(10 012)
|
(10 030)
|
(9 949)
|
(9 650)
|
(9 641)
|
(9 905)
|
(10 327)
|
(11 056)
|
(11 664)
|
(12 225)
|
|
Gross Profit |
678
N/A
|
723
+7%
|
739
+2%
|
749
+1%
|
781
+4%
|
794
+2%
|
807
+2%
|
805
0%
|
852
+6%
|
987
+16%
|
1 061
+7%
|
1 183
+11%
|
1 221
+3%
|
1 249
+2%
|
1 199
-4%
|
1 211
+1%
|
1 232
+2%
|
1 159
-6%
|
1 084
-7%
|
1 026
-5%
|
1 063
+4%
|
1 296
+22%
|
1 399
+8%
|
1 579
+13%
|
1 714
+9%
|
1 809
+6%
|
2 060
+14%
|
2 383
+16%
|
2 703
+13%
|
2 935
+9%
|
2 844
-3%
|
2 688
-5%
|
2 327
-13%
|
1 957
-16%
|
1 487
-24%
|
1 133
-24%
|
943
-17%
|
972
+3%
|
1 109
+14%
|
1 264
+14%
|
1 536
+22%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(383)
|
(412)
|
(413)
|
(439)
|
(461)
|
(491)
|
(490)
|
(474)
|
(518)
|
(581)
|
(607)
|
(651)
|
(641)
|
(623)
|
(604)
|
(639)
|
(667)
|
(664)
|
(649)
|
(626)
|
(661)
|
(793)
|
(872)
|
(885)
|
(915)
|
(837)
|
(767)
|
(897)
|
(915)
|
(890)
|
(981)
|
(986)
|
(915)
|
(988)
|
(963)
|
(888)
|
(989)
|
(952)
|
(946)
|
(1 019)
|
(1 103)
|
|
Selling, General & Administrative |
(377)
|
(172)
|
(411)
|
(436)
|
(457)
|
(231)
|
(483)
|
(468)
|
(513)
|
(287)
|
(596)
|
(648)
|
(575)
|
(322)
|
(471)
|
(499)
|
(517)
|
(357)
|
(472)
|
(405)
|
(442)
|
(513)
|
(536)
|
(544)
|
(548)
|
(530)
|
(557)
|
(615)
|
(655)
|
(654)
|
(701)
|
(688)
|
(681)
|
(646)
|
(662)
|
(651)
|
(660)
|
(700)
|
(776)
|
(818)
|
(830)
|
|
Research & Development |
0
|
(230)
|
0
|
0
|
0
|
(247)
|
0
|
0
|
0
|
(290)
|
0
|
0
|
(81)
|
(316)
|
0
|
0
|
(223)
|
(336)
|
(273)
|
(383)
|
(375)
|
(339)
|
(435)
|
(429)
|
(446)
|
(396)
|
(504)
|
(578)
|
(641)
|
(589)
|
(663)
|
(688)
|
(686)
|
(651)
|
(694)
|
(651)
|
(657)
|
(618)
|
(742)
|
(820)
|
(881)
|
|
Depreciation & Amortization |
0
|
(9)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(59)
|
0
|
0
|
0
|
(74)
|
0
|
0
|
0
|
(96)
|
0
|
0
|
0
|
(118)
|
0
|
0
|
0
|
(141)
|
0
|
0
|
0
|
(149)
|
0
|
0
|
0
|
(183)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(6)
|
(1)
|
(3)
|
(4)
|
(4)
|
(1)
|
(7)
|
(6)
|
(6)
|
15
|
(11)
|
(3)
|
15
|
74
|
(133)
|
(140)
|
74
|
102
|
97
|
162
|
156
|
155
|
99
|
88
|
78
|
208
|
294
|
296
|
380
|
494
|
383
|
391
|
452
|
458
|
393
|
413
|
328
|
549
|
572
|
619
|
608
|
|
Operating Income |
295
N/A
|
311
+6%
|
326
+5%
|
310
-5%
|
321
+3%
|
303
-6%
|
317
+5%
|
331
+4%
|
333
+1%
|
407
+22%
|
454
+12%
|
532
+17%
|
579
+9%
|
626
+8%
|
595
-5%
|
572
-4%
|
565
-1%
|
495
-12%
|
435
-12%
|
400
-8%
|
402
+1%
|
504
+25%
|
526
+5%
|
694
+32%
|
798
+15%
|
972
+22%
|
1 293
+33%
|
1 486
+15%
|
1 788
+20%
|
2 045
+14%
|
1 862
-9%
|
1 702
-9%
|
1 412
-17%
|
969
-31%
|
524
-46%
|
245
-53%
|
(47)
N/A
|
20
N/A
|
163
+733%
|
244
+50%
|
433
+77%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(42)
|
(29)
|
(27)
|
(21)
|
(38)
|
(54)
|
(43)
|
(30)
|
0
|
15
|
24
|
13
|
12
|
(2)
|
(10)
|
(2)
|
(2)
|
(12)
|
(47)
|
(76)
|
(108)
|
(103)
|
(93)
|
(88)
|
(74)
|
(42)
|
(49)
|
(53)
|
(84)
|
(122)
|
(111)
|
(128)
|
(97)
|
(51)
|
(67)
|
126
|
177
|
219
|
268
|
169
|
122
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(1)
|
(3)
|
7
|
5
|
9
|
10
|
7
|
6
|
6
|
6
|
0
|
(48)
|
1
|
2
|
3
|
(22)
|
5
|
7
|
6
|
(19)
|
3
|
214
|
218
|
153
|
196
|
(19)
|
(22)
|
(7)
|
7
|
10
|
12
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
(2)
|
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 |
63
|
66
|
69
|
107
|
123
|
130
|
126
|
90
|
87
|
64
|
52
|
39
|
16
|
2
|
2
|
2
|
(7)
|
(9)
|
(8)
|
(8)
|
1
|
7
|
1
|
(3)
|
(2)
|
(1)
|
(0)
|
4
|
3
|
(10)
|
(12)
|
(15)
|
(15)
|
(2)
|
(7)
|
(6)
|
(6)
|
(1)
|
(1)
|
(1)
|
1
|
|
Pre-Tax Income |
315
N/A
|
348
+11%
|
369
+6%
|
394
+7%
|
404
+3%
|
377
-7%
|
398
+6%
|
391
-2%
|
418
+7%
|
478
+14%
|
528
+10%
|
581
+10%
|
615
+6%
|
631
+3%
|
596
-6%
|
582
-2%
|
563
-3%
|
480
-15%
|
386
-20%
|
322
-17%
|
295
-8%
|
359
+22%
|
435
+21%
|
605
+39%
|
725
+20%
|
908
+25%
|
1 250
+38%
|
1 444
+16%
|
1 712
+19%
|
1 894
+11%
|
1 742
-8%
|
1 773
+2%
|
1 518
-14%
|
1 069
-30%
|
647
-40%
|
346
-46%
|
102
-71%
|
231
+126%
|
437
+89%
|
423
-3%
|
567
+34%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(37)
|
(43)
|
(46)
|
(57)
|
(61)
|
(49)
|
(52)
|
(43)
|
(44)
|
(65)
|
(71)
|
(81)
|
(85)
|
(84)
|
(81)
|
(78)
|
(79)
|
(51)
|
(33)
|
(28)
|
(40)
|
(66)
|
(90)
|
(110)
|
(105)
|
(88)
|
(107)
|
(126)
|
(140)
|
(175)
|
(166)
|
(141)
|
(115)
|
(47)
|
(1)
|
37
|
63
|
47
|
26
|
12
|
(14)
|
|
Income from Continuing Operations |
278
|
306
|
323
|
336
|
342
|
328
|
346
|
348
|
375
|
413
|
457
|
500
|
530
|
547
|
515
|
504
|
484
|
429
|
354
|
294
|
255
|
293
|
346
|
495
|
620
|
820
|
1 142
|
1 318
|
1 573
|
1 718
|
1 576
|
1 633
|
1 403
|
1 023
|
646
|
383
|
165
|
278
|
462
|
434
|
553
|
|
Income to Minority Interest |
(4)
|
(8)
|
(9)
|
(7)
|
(8)
|
(10)
|
(15)
|
(21)
|
(25)
|
(22)
|
(29)
|
(34)
|
(43)
|
(52)
|
(53)
|
(54)
|
(49)
|
(39)
|
(29)
|
(29)
|
(25)
|
(6)
|
(13)
|
(27)
|
(53)
|
(119)
|
(221)
|
(270)
|
(290)
|
(303)
|
(235)
|
(316)
|
(311)
|
(269)
|
(205)
|
(80)
|
(32)
|
(52)
|
(73)
|
(48)
|
(53)
|
|
Net Income (Common) |
274
N/A
|
298
+9%
|
314
+5%
|
330
+5%
|
334
+1%
|
319
-5%
|
332
+4%
|
328
-1%
|
349
+7%
|
391
+12%
|
428
+10%
|
466
+9%
|
487
+5%
|
495
+2%
|
462
-7%
|
451
-2%
|
435
-4%
|
390
-10%
|
325
-17%
|
265
-19%
|
230
-13%
|
287
+25%
|
333
+16%
|
468
+41%
|
567
+21%
|
702
+24%
|
921
+31%
|
1 047
+14%
|
1 282
+22%
|
1 416
+10%
|
1 341
-5%
|
1 317
-2%
|
1 092
-17%
|
754
-31%
|
441
-42%
|
303
-31%
|
132
-56%
|
226
+71%
|
390
+72%
|
386
-1%
|
500
+30%
|
|
EPS (Diluted) |
0.15
N/A
|
0.15
N/A
|
0.16
+7%
|
0.16
N/A
|
0.16
N/A
|
0.15
-6%
|
0.15
N/A
|
0.14
-7%
|
0.15
+7%
|
0.16
+7%
|
0.18
+13%
|
0.2
+11%
|
0.21
+5%
|
0.21
N/A
|
0.2
-5%
|
0.19
-5%
|
0.18
-5%
|
0.16
-11%
|
0.14
-13%
|
0.12
-14%
|
0.1
-17%
|
0.11
+10%
|
0.12
+9%
|
0.16
+33%
|
0.2
+25%
|
0.26
+30%
|
0.33
+27%
|
0.38
+15%
|
0.46
+21%
|
0.5
+9%
|
0.41
-18%
|
0.41
N/A
|
0.35
-15%
|
0.24
-31%
|
0.14
-42%
|
0.09
-36%
|
0.04
-56%
|
0.07
+75%
|
0.12
+71%
|
0.12
N/A
|
0.16
+33%
|