FS Development Investment Holdings
SZSE:300071
Income Statement
Earnings Waterfall
FS Development Investment Holdings
Income Statement
FS Development Investment Holdings
| Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | 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 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
47
|
0
|
0
|
18
|
72
|
0
|
0
|
42
|
74
|
60
|
76
|
74
|
69
|
75
|
84
|
91
|
122
|
131
|
137
|
145
|
106
|
76
|
46
|
17
|
5
|
4
|
3
|
3
|
4
|
5
|
6
|
7
|
8
|
11
|
0
|
0
|
|
| Revenue |
423
N/A
|
440
+4%
|
446
+1%
|
492
+10%
|
556
+13%
|
650
+17%
|
739
+14%
|
869
+18%
|
1 011
+16%
|
1 079
+7%
|
1 132
+5%
|
1 208
+7%
|
1 238
+2%
|
1 324
+7%
|
1 487
+12%
|
1 628
+10%
|
1 755
+8%
|
1 667
-5%
|
1 596
-4%
|
1 555
-3%
|
1 560
+0%
|
1 707
+9%
|
2 563
+50%
|
2 918
+14%
|
3 250
+11%
|
4 610
+42%
|
4 223
-8%
|
4 409
+4%
|
3 453
-22%
|
3 475
+1%
|
3 420
-2%
|
3 563
+4%
|
3 503
-2%
|
3 447
-2%
|
3 467
+1%
|
3 172
-9%
|
3 416
+8%
|
3 267
-4%
|
3 173
-3%
|
2 869
-10%
|
2 250
-22%
|
1 892
-16%
|
1 438
-24%
|
1 179
-18%
|
970
-18%
|
1 027
+6%
|
1 077
+5%
|
1 058
-2%
|
1 035
-2%
|
1 060
+2%
|
1 045
-1%
|
1 115
+7%
|
1 214
+9%
|
1 193
-2%
|
1 283
+8%
|
1 316
+3%
|
1 380
+5%
|
1 505
+9%
|
1 495
-1%
|
1 465
-2%
|
1 221
-17%
|
1 144
-6%
|
1 103
-4%
|
1 035
-6%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(361)
|
(376)
|
(381)
|
(424)
|
(488)
|
(580)
|
(668)
|
(793)
|
(922)
|
(979)
|
(1 024)
|
(1 082)
|
(1 114)
|
(1 199)
|
(1 337)
|
(1 472)
|
(1 569)
|
(1 489)
|
(1 426)
|
(1 370)
|
(1 366)
|
(1 472)
|
(2 195)
|
(2 459)
|
(2 673)
|
(3 864)
|
(3 504)
|
(3 659)
|
(2 808)
|
(2 821)
|
(2 765)
|
(2 834)
|
(2 838)
|
(2 770)
|
(2 805)
|
(2 604)
|
(2 860)
|
(2 781)
|
(2 669)
|
(2 385)
|
(1 709)
|
(1 405)
|
(1 005)
|
(807)
|
(679)
|
(718)
|
(780)
|
(755)
|
(701)
|
(711)
|
(685)
|
(737)
|
(867)
|
(872)
|
(955)
|
(1 032)
|
(1 085)
|
(1 176)
|
(1 173)
|
(1 142)
|
(913)
|
(870)
|
(862)
|
(774)
|
|
| Gross Profit |
62
N/A
|
64
+4%
|
65
+1%
|
68
+6%
|
68
-1%
|
70
+3%
|
72
+3%
|
77
+7%
|
89
+16%
|
100
+12%
|
107
+8%
|
126
+18%
|
124
-2%
|
125
+1%
|
150
+20%
|
156
+4%
|
186
+19%
|
178
-4%
|
170
-5%
|
185
+9%
|
194
+5%
|
235
+21%
|
368
+57%
|
459
+25%
|
578
+26%
|
747
+29%
|
719
-4%
|
750
+4%
|
645
-14%
|
655
+2%
|
654
0%
|
729
+11%
|
665
-9%
|
677
+2%
|
662
-2%
|
568
-14%
|
556
-2%
|
486
-13%
|
504
+4%
|
483
-4%
|
541
+12%
|
488
-10%
|
434
-11%
|
372
-14%
|
292
-22%
|
309
+6%
|
297
-4%
|
303
+2%
|
334
+10%
|
349
+4%
|
360
+3%
|
378
+5%
|
347
-8%
|
321
-8%
|
329
+2%
|
284
-14%
|
294
+4%
|
330
+12%
|
322
-2%
|
322
+0%
|
308
-4%
|
274
-11%
|
241
-12%
|
260
+8%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(27)
|
(28)
|
(29)
|
(32)
|
(35)
|
(37)
|
(38)
|
(41)
|
(44)
|
(52)
|
(58)
|
(64)
|
(71)
|
(67)
|
(74)
|
(79)
|
(93)
|
(91)
|
(94)
|
(97)
|
(118)
|
(126)
|
(206)
|
(272)
|
(367)
|
(469)
|
(459)
|
(473)
|
(441)
|
(419)
|
(437)
|
(443)
|
(807)
|
(491)
|
(492)
|
(514)
|
(772)
|
(596)
|
(606)
|
(602)
|
(521)
|
(474)
|
(439)
|
(388)
|
(371)
|
(723)
|
(720)
|
(718)
|
(332)
|
(327)
|
(344)
|
(372)
|
(355)
|
(354)
|
(376)
|
(327)
|
(330)
|
(339)
|
(330)
|
(371)
|
(477)
|
(445)
|
(458)
|
(433)
|
|
| Selling, General & Administrative |
(27)
|
(28)
|
(29)
|
(32)
|
(35)
|
(37)
|
(38)
|
(41)
|
(44)
|
(52)
|
(58)
|
(64)
|
(65)
|
(67)
|
(74)
|
(79)
|
(86)
|
(91)
|
(94)
|
(97)
|
(106)
|
(126)
|
(206)
|
(272)
|
(353)
|
(469)
|
(459)
|
(473)
|
(422)
|
(419)
|
(437)
|
(443)
|
(781)
|
(491)
|
(492)
|
(508)
|
(723)
|
(580)
|
(587)
|
(585)
|
(495)
|
(467)
|
(437)
|
(391)
|
(384)
|
(363)
|
(358)
|
(360)
|
(337)
|
(335)
|
(352)
|
(377)
|
(345)
|
(383)
|
(381)
|
(330)
|
(318)
|
(338)
|
(326)
|
(364)
|
(455)
|
(435)
|
(448)
|
(423)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
(6)
|
(38)
|
(19)
|
(25)
|
(25)
|
(23)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(3)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(8)
|
(8)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(3)
|
3
|
6
|
8
|
3
|
(7)
|
(3)
|
2
|
16
|
(360)
|
(361)
|
(358)
|
7
|
8
|
8
|
5
|
4
|
29
|
5
|
6
|
7
|
6
|
4
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Operating Income |
35
N/A
|
36
+4%
|
36
-1%
|
37
+1%
|
33
-10%
|
33
-1%
|
34
+3%
|
36
+6%
|
45
+27%
|
48
+6%
|
49
+2%
|
63
+27%
|
53
-15%
|
58
+10%
|
77
+32%
|
78
+2%
|
93
+20%
|
87
-7%
|
76
-14%
|
88
+16%
|
76
-13%
|
109
+43%
|
162
+48%
|
187
+16%
|
211
+13%
|
278
+32%
|
260
-6%
|
277
+6%
|
204
-26%
|
236
+16%
|
218
-8%
|
286
+31%
|
(142)
N/A
|
186
N/A
|
170
-8%
|
54
-68%
|
(216)
N/A
|
(111)
+49%
|
(102)
+8%
|
(119)
-17%
|
20
N/A
|
14
-30%
|
(5)
N/A
|
(16)
-208%
|
(80)
-389%
|
(414)
-419%
|
(423)
-2%
|
(415)
+2%
|
2
N/A
|
22
+822%
|
16
-29%
|
5
-66%
|
(8)
N/A
|
(33)
-312%
|
(47)
-42%
|
(43)
+8%
|
(36)
+18%
|
(9)
+73%
|
(9)
+10%
|
(48)
-470%
|
(169)
-248%
|
(171)
-1%
|
(217)
-27%
|
(172)
+21%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
0
|
1
|
3
|
3
|
4
|
3
|
2
|
1
|
1
|
1
|
2
|
2
|
1
|
(1)
|
(5)
|
(7)
|
(6)
|
(3)
|
7
|
8
|
6
|
5
|
(6)
|
(12)
|
(13)
|
(26)
|
(31)
|
(40)
|
(51)
|
(54)
|
(62)
|
(62)
|
(61)
|
(61)
|
(36)
|
(54)
|
(55)
|
(57)
|
(61)
|
22
|
9
|
9
|
(118)
|
(123)
|
(126)
|
(138)
|
(127)
|
531
|
556
|
586
|
(2)
|
(7)
|
(3)
|
(6)
|
(7)
|
(4)
|
(4)
|
(3)
|
(6)
|
(7)
|
(12)
|
(15)
|
|
| Non-Reccuring Items |
(0)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
0
|
(1)
|
(3)
|
(3)
|
0
|
(1)
|
(1)
|
(0)
|
0
|
(15)
|
(10)
|
(19)
|
(23)
|
(41)
|
(49)
|
(34)
|
3
|
(20)
|
(28)
|
(38)
|
(47)
|
(362)
|
(342)
|
(342)
|
(476)
|
(647)
|
(654)
|
(649)
|
92
|
0
|
0
|
0
|
(377)
|
0
|
0
|
0
|
630
|
7
|
31
|
32
|
28
|
0
|
0
|
(0)
|
4
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
|
| 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
|
(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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
4
|
4
|
4
|
4
|
4
|
4
|
5
|
4
|
0
|
0
|
6
|
9
|
10
|
10
|
12
|
9
|
10
|
10
|
11
|
10
|
14
|
13
|
9
|
14
|
14
|
24
|
(2)
|
(0)
|
9
|
(1)
|
23
|
23
|
8
|
13
|
10
|
3
|
7
|
6
|
(2)
|
(3)
|
(7)
|
(8)
|
(11)
|
(12)
|
(12)
|
(14)
|
(276)
|
(277)
|
(276)
|
(277)
|
3
|
3
|
4
|
4
|
2
|
2
|
7
|
7
|
16
|
17
|
9
|
6
|
|
| Pre-Tax Income |
34
N/A
|
36
+4%
|
40
+11%
|
42
+5%
|
39
-7%
|
40
+3%
|
41
+4%
|
42
+3%
|
52
+21%
|
53
+3%
|
49
-7%
|
61
+24%
|
61
+0%
|
68
+11%
|
85
+25%
|
85
0%
|
100
+18%
|
89
-11%
|
79
-11%
|
94
+19%
|
94
0%
|
112
+19%
|
172
+54%
|
187
+8%
|
190
+2%
|
238
+25%
|
212
-11%
|
241
+13%
|
174
-28%
|
175
+1%
|
148
-16%
|
192
+30%
|
(229)
N/A
|
(215)
+6%
|
(225)
-5%
|
(336)
-49%
|
(718)
-114%
|
(808)
-13%
|
(805)
+0%
|
(819)
-2%
|
50
N/A
|
33
-34%
|
(4)
N/A
|
(15)
-300%
|
(586)
-3 753%
|
(549)
+6%
|
(560)
-2%
|
(568)
-1%
|
229
N/A
|
283
+24%
|
327
+15%
|
347
+6%
|
22
-94%
|
(37)
N/A
|
(46)
-23%
|
(45)
+1%
|
(37)
+19%
|
(11)
+69%
|
(6)
+46%
|
(45)
-627%
|
(158)
-254%
|
(163)
-3%
|
(221)
-36%
|
(183)
+17%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(6)
|
(8)
|
(10)
|
(10)
|
(6)
|
(6)
|
(6)
|
(6)
|
(10)
|
(10)
|
(9)
|
(13)
|
(15)
|
(17)
|
(23)
|
(22)
|
(26)
|
(23)
|
(19)
|
(23)
|
(24)
|
(28)
|
(44)
|
(47)
|
(65)
|
(77)
|
(64)
|
(69)
|
(42)
|
(42)
|
(44)
|
(52)
|
(50)
|
(55)
|
(52)
|
(35)
|
(53)
|
(35)
|
(41)
|
(41)
|
(37)
|
(33)
|
(22)
|
(24)
|
6
|
(2)
|
(2)
|
5
|
(0)
|
(7)
|
(6)
|
(5)
|
5
|
14
|
15
|
15
|
3
|
1
|
(6)
|
(0)
|
23
|
22
|
33
|
28
|
|
| Income from Continuing Operations |
29
|
28
|
30
|
32
|
33
|
34
|
35
|
36
|
42
|
43
|
40
|
49
|
47
|
51
|
62
|
63
|
74
|
65
|
60
|
71
|
70
|
84
|
128
|
140
|
125
|
161
|
148
|
172
|
132
|
133
|
104
|
141
|
(279)
|
(270)
|
(277)
|
(371)
|
(771)
|
(843)
|
(845)
|
(860)
|
13
|
(0)
|
(26)
|
(39)
|
(580)
|
(551)
|
(562)
|
(563)
|
229
|
276
|
321
|
342
|
26
|
(23)
|
(31)
|
(30)
|
(34)
|
(11)
|
(12)
|
(45)
|
(135)
|
(141)
|
(188)
|
(155)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(4)
|
(5)
|
(5)
|
(12)
|
(9)
|
(10)
|
(16)
|
(12)
|
(11)
|
(8)
|
(1)
|
1
|
1
|
0
|
(2)
|
(2)
|
2
|
(1)
|
1
|
1
|
(1)
|
(1)
|
(1)
|
(0)
|
1
|
2
|
2
|
2
|
2
|
2
|
(0)
|
(1)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
1
|
2
|
3
|
3
|
3
|
4
|
6
|
9
|
12
|
14
|
13
|
10
|
5
|
3
|
2
|
1
|
|
| Net Income (Common) |
29
N/A
|
28
-5%
|
31
+11%
|
32
+4%
|
34
+5%
|
34
+3%
|
35
+2%
|
36
+2%
|
38
+5%
|
38
+1%
|
35
-9%
|
37
+7%
|
38
+3%
|
40
+6%
|
47
+15%
|
51
+9%
|
64
+25%
|
58
-9%
|
58
+1%
|
72
+23%
|
71
-2%
|
84
+19%
|
126
+50%
|
138
+9%
|
128
-7%
|
161
+26%
|
149
-7%
|
173
+16%
|
131
-24%
|
132
+1%
|
103
-22%
|
141
+36%
|
(277)
N/A
|
(268)
+3%
|
(275)
-3%
|
(369)
-34%
|
(769)
-108%
|
(841)
-9%
|
(846)
-1%
|
(860)
-2%
|
12
N/A
|
(2)
N/A
|
(25)
-1 160%
|
(39)
-55%
|
(579)
-1 386%
|
(550)
+5%
|
(562)
-2%
|
(563)
0%
|
230
N/A
|
278
+21%
|
324
+17%
|
345
+6%
|
29
-92%
|
(20)
N/A
|
(26)
-30%
|
(21)
+18%
|
(21)
-3%
|
3
N/A
|
0
-91%
|
(35)
N/A
|
(131)
-275%
|
(138)
-5%
|
(187)
-35%
|
(154)
+17%
|
|
| EPS (Diluted) |
0.07
N/A
|
0.07
N/A
|
0.07
N/A
|
0.07
N/A
|
0.06
-14%
|
0.06
N/A
|
0.06
N/A
|
0.06
N/A
|
0.07
+17%
|
0.07
N/A
|
0.06
-14%
|
0.06
N/A
|
0.07
+17%
|
0.07
N/A
|
0.08
+14%
|
0.09
+12%
|
0.11
+22%
|
0.11
N/A
|
0.11
N/A
|
0.1
-9%
|
0.11
+10%
|
0.13
+18%
|
0.19
+46%
|
0.2
+5%
|
0.19
-5%
|
0.22
+16%
|
0.2
-9%
|
0.24
+20%
|
0.19
-21%
|
0.2
+5%
|
0.16
-20%
|
0.22
+38%
|
-0.41
N/A
|
-0.39
+5%
|
-0.4
-3%
|
-0.54
-35%
|
-1.13
-109%
|
-1.24
-10%
|
-1.25
-1%
|
-1.28
-2%
|
0.02
N/A
|
-0.01
N/A
|
-0.04
-300%
|
-0.06
-50%
|
-0.86
-1 333%
|
-0.83
+3%
|
-0.85
-2%
|
-0.84
+1%
|
0.25
N/A
|
0.32
+28%
|
0.38
+19%
|
0.38
N/A
|
0.03
-92%
|
-0.02
N/A
|
-0.03
-50%
|
-0.02
+33%
|
-0.02
N/A
|
0
N/A
|
0
N/A
|
-0.04
N/A
|
-0.14
-250%
|
-0.14
N/A
|
-0.19
-36%
|
-0.15
+21%
|
|