S

Shenzhen WOTE Advanced Materials Co Ltd
SZSE:002886

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Shenzhen WOTE Advanced Materials Co Ltd
SZSE:002886
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Price: 15.47 CNY -4.45% Market Closed
Market Cap: 4.1B CNY
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Income Statement

Earnings Waterfall
Shenzhen WOTE Advanced Materials Co Ltd

Revenue
1.7B CNY
Cost of Revenue
-1.4B CNY
Gross Profit
284.1m CNY
Operating Expenses
-232.4m CNY
Operating Income
51.7m CNY
Other Expenses
-36.1m CNY
Net Income
15.6m CNY

Income Statement
Shenzhen WOTE Advanced Materials Co Ltd

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Income Statement
Currency: CNY
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
656
N/A
747
+14%
765
+2%
797
+4%
849
+7%
797
-6%
808
+1%
804
0%
826
+3%
888
+8%
900
+1%
926
+3%
1 000
+8%
1 023
+2%
1 153
+13%
1 283
+11%
1 421
+11%
1 515
+7%
1 540
+2%
1 563
+2%
1 509
-3%
1 509
+0%
1 490
-1%
1 488
0%
1 482
0%
1 510
+2%
1 537
+2%
1 557
+1%
1 624
+4%
1 717
+6%
Gross Profit
Cost of Revenue
(523)
(608)
(625)
(661)
(710)
(662)
(677)
(679)
(694)
(744)
(748)
(778)
(812)
(823)
(939)
(1 053)
(1 200)
(1 292)
(1 306)
(1 336)
(1 301)
(1 287)
(1 267)
(1 251)
(1 222)
(1 250)
(1 256)
(1 284)
(1 348)
(1 433)
Gross Profit
133
N/A
139
+4%
140
+1%
136
-3%
139
+2%
135
-3%
131
-3%
126
-4%
132
+4%
144
+10%
152
+5%
148
-3%
189
+28%
200
+6%
214
+7%
230
+7%
221
-4%
224
+1%
233
+4%
227
-3%
208
-8%
222
+7%
223
+0%
236
+6%
259
+10%
260
+0%
280
+8%
273
-3%
277
+2%
284
+3%
Operating Income
Operating Expenses
(71)
(78)
(88)
(83)
(86)
(85)
(84)
(80)
(81)
(91)
(82)
(79)
(92)
(97)
(123)
(120)
(130)
(132)
(147)
(155)
(150)
(158)
(186)
(194)
(213)
(218)
(232)
(222)
(228)
(232)
Selling, General & Administrative
(72)
(70)
(59)
(66)
(53)
(54)
(55)
(47)
(59)
(64)
(69)
(71)
(77)
(83)
(70)
(80)
(84)
(84)
(89)
(98)
(97)
(103)
(108)
(120)
(129)
(132)
(124)
(134)
(141)
(141)
Research & Development
0
(8)
(31)
0
0
(17)
(25)
(24)
(35)
(39)
(35)
(45)
(49)
(51)
(48)
(61)
(66)
(67)
(67)
(75)
(74)
(78)
(66)
(84)
(92)
(95)
(87)
(99)
(97)
(104)
Depreciation & Amortization
0
0
(2)
0
0
0
(12)
0
0
0
(13)
0
0
0
(16)
0
0
0
(19)
0
0
0
(24)
0
0
0
(30)
0
0
0
Other Operating Expenses
1
1
4
(17)
(33)
(14)
8
(9)
12
12
35
38
33
36
11
20
21
18
28
19
21
22
11
10
8
9
10
12
10
12
Operating Income
62
N/A
62
-1%
52
-15%
53
+1%
53
+1%
51
-5%
47
-7%
46
-2%
51
+9%
53
+6%
70
+32%
69
-2%
97
+40%
103
+7%
90
-12%
109
+21%
92
-16%
92
0%
86
-6%
72
-16%
58
-19%
63
+8%
36
-43%
43
+17%
46
+9%
43
-8%
49
+14%
51
+4%
49
-3%
52
+5%
Pre-Tax Income
Interest Income Expense
(8)
(7)
(6)
(3)
(5)
(7)
(9)
(14)
(14)
(15)
(15)
(16)
(16)
(17)
(13)
(12)
(11)
(11)
(15)
(22)
(23)
(25)
(22)
(27)
(30)
(33)
(34)
(34)
(32)
(31)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
1
0
1
(0)
(0)
Gain/Loss on Disposition of Assets
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
9
7
(0)
(0)
(0)
(0)
0
0
0
0
0
(1)
(1)
(1)
(1)
(0)
(0)
(0)
1
3
1
1
(1)
(3)
(1)
(2)
(1)
(1)
(1)
(1)
Pre-Tax Income
63
N/A
62
0%
47
-25%
49
+5%
48
-2%
43
-10%
38
-12%
33
-14%
37
+13%
39
+5%
55
+43%
53
-5%
81
+53%
86
+6%
77
-10%
98
+26%
81
-17%
81
+0%
71
-12%
54
-25%
37
-31%
39
+7%
14
-64%
12
-12%
17
+33%
10
-41%
14
+41%
16
+19%
16
-4%
20
+27%
Net Income
Tax Provision
(5)
(5)
(6)
(7)
(8)
(7)
(3)
(2)
(1)
(2)
(4)
(4)
(8)
(8)
(5)
(8)
(4)
(4)
1
4
6
5
12
15
15
19
7
4
4
1
Income from Continuing Operations
57
57
40
42
40
37
35
31
35
37
51
49
73
77
72
89
77
77
72
58
43
44
26
27
32
29
21
21
20
21
Income to Minority Interest
0
0
0
0
0
0
0
0
(2)
(3)
(4)
(4)
(5)
(5)
(7)
(8)
(8)
(9)
(9)
(10)
(10)
(10)
(11)
(13)
(17)
(20)
(15)
(14)
(10)
(5)
Net Income (Common)
57
N/A
57
0%
40
-29%
42
+3%
40
-3%
37
-10%
35
-4%
31
-12%
34
+10%
34
+1%
47
+38%
45
-4%
68
+50%
72
+6%
65
-10%
81
+26%
68
-16%
68
-1%
63
-7%
48
-24%
33
-31%
34
+2%
15
-57%
15
+0%
15
+1%
9
-41%
6
-33%
6
+5%
10
+56%
16
+62%
EPS (Diluted)
0.28
N/A
0.28
N/A
0.23
-18%
0.2
-13%
0.19
-5%
0.18
-5%
0.18
N/A
0.16
-11%
0.17
+6%
0.17
N/A
0.26
+53%
0.24
-8%
0.33
+38%
0.35
+6%
0.31
-11%
0.35
+13%
0.31
-11%
0.3
-3%
0.28
-7%
0.21
-25%
0.15
-29%
0.15
N/A
0.06
-60%
0.06
N/A
0.07
+17%
0.04
-43%
0.03
-25%
0.02
-33%
0.03
+50%
0.05
+67%

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