
Shenzhen Inovance Technology Co Ltd
SZSE:300124

Income Statement
Earnings Waterfall
Shenzhen Inovance Technology Co Ltd
Revenue
|
35.7B
CNY
|
Cost of Revenue
|
-25B
CNY
|
Gross Profit
|
10.7B
CNY
|
Operating Expenses
|
-6.1B
CNY
|
Operating Income
|
4.6B
CNY
|
Other Expenses
|
209.3m
CNY
|
Net Income
|
4.8B
CNY
|
Income Statement
Shenzhen Inovance 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 |
2 157
N/A
|
2 243
+4%
|
2 257
+1%
|
2 315
+3%
|
2 520
+9%
|
2 771
+10%
|
2 883
+4%
|
3 124
+8%
|
3 353
+7%
|
3 660
+9%
|
3 874
+6%
|
4 132
+7%
|
4 336
+5%
|
4 777
+10%
|
4 971
+4%
|
5 313
+7%
|
5 587
+5%
|
5 874
+5%
|
5 999
+2%
|
6 121
+2%
|
6 844
+12%
|
7 390
+8%
|
7 838
+6%
|
9 456
+21%
|
10 581
+12%
|
11 511
+9%
|
13 376
+16%
|
15 001
+12%
|
16 761
+12%
|
17 943
+7%
|
19 309
+8%
|
20 066
+4%
|
20 836
+4%
|
23 008
+10%
|
23 012
+0%
|
25 063
+9%
|
26 889
+7%
|
30 420
+13%
|
32 131
+6%
|
34 152
+6%
|
35 696
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 086)
|
(1 116)
|
(1 152)
|
(1 184)
|
(1 287)
|
(1 429)
|
(1 516)
|
(1 641)
|
(1 780)
|
(1 907)
|
(2 065)
|
(2 248)
|
(2 403)
|
(2 647)
|
(2 782)
|
(2 986)
|
(3 196)
|
(3 418)
|
(3 577)
|
(3 698)
|
(4 252)
|
(4 627)
|
(4 961)
|
(5 936)
|
(6 545)
|
(7 118)
|
(8 213)
|
(9 328)
|
(10 551)
|
(11 567)
|
(12 682)
|
(13 180)
|
(13 723)
|
(15 028)
|
(15 037)
|
(16 427)
|
(17 651)
|
(20 416)
|
(21 631)
|
(23 540)
|
(25 033)
|
|
Gross Profit |
1 071
N/A
|
1 127
+5%
|
1 104
-2%
|
1 131
+2%
|
1 234
+9%
|
1 342
+9%
|
1 367
+2%
|
1 483
+8%
|
1 572
+6%
|
1 753
+11%
|
1 809
+3%
|
1 885
+4%
|
1 934
+3%
|
2 130
+10%
|
2 189
+3%
|
2 327
+6%
|
2 391
+3%
|
2 457
+3%
|
2 423
-1%
|
2 422
0%
|
2 592
+7%
|
2 763
+7%
|
2 878
+4%
|
3 520
+22%
|
4 036
+15%
|
4 393
+9%
|
5 163
+18%
|
5 673
+10%
|
6 210
+9%
|
6 376
+3%
|
6 626
+4%
|
6 886
+4%
|
7 113
+3%
|
7 981
+12%
|
7 975
0%
|
8 636
+8%
|
9 238
+7%
|
10 004
+8%
|
10 499
+5%
|
10 613
+1%
|
10 663
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(555)
|
(582)
|
(554)
|
(569)
|
(598)
|
(689)
|
(711)
|
(775)
|
(827)
|
(961)
|
(944)
|
(985)
|
(957)
|
(1 038)
|
(1 079)
|
(1 160)
|
(1 246)
|
(1 249)
|
(1 257)
|
(1 302)
|
(1 482)
|
(1 730)
|
(1 823)
|
(2 054)
|
(2 086)
|
(2 234)
|
(2 444)
|
(2 633)
|
(2 952)
|
(3 202)
|
(3 588)
|
(3 718)
|
(3 780)
|
(4 330)
|
(4 418)
|
(4 912)
|
(5 403)
|
(5 709)
|
(5 949)
|
(5 942)
|
(6 096)
|
|
Selling, General & Administrative |
(537)
|
(362)
|
(543)
|
(563)
|
(591)
|
(426)
|
(683)
|
(742)
|
(798)
|
(554)
|
(984)
|
(1 088)
|
(1 008)
|
(743)
|
(858)
|
(749)
|
(796)
|
(844)
|
(819)
|
(856)
|
(960)
|
(1 108)
|
(1 170)
|
(1 356)
|
(1 400)
|
(1 526)
|
(1 672)
|
(1 800)
|
(1 994)
|
(2 032)
|
(2 120)
|
(2 204)
|
(2 199)
|
(2 542)
|
(2 668)
|
(2 854)
|
(3 138)
|
(3 593)
|
(3 661)
|
(3 715)
|
(3 828)
|
|
Research & Development |
0
|
(204)
|
0
|
0
|
0
|
(245)
|
0
|
0
|
0
|
(377)
|
0
|
0
|
(135)
|
(550)
|
(473)
|
(663)
|
(697)
|
(651)
|
(714)
|
(736)
|
(801)
|
(766)
|
(913)
|
(989)
|
(998)
|
(910)
|
(1 111)
|
(1 200)
|
(1 400)
|
(1 565)
|
(1 892)
|
(2 009)
|
(2 163)
|
(2 096)
|
(2 345)
|
(2 520)
|
(2 660)
|
(2 466)
|
(2 785)
|
(2 802)
|
(2 798)
|
|
Depreciation & Amortization |
0
|
(14)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(72)
|
0
|
0
|
0
|
(93)
|
0
|
0
|
0
|
(129)
|
0
|
0
|
0
|
(168)
|
0
|
0
|
0
|
(189)
|
0
|
0
|
0
|
(232)
|
0
|
0
|
0
|
(285)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(18)
|
(2)
|
(11)
|
(7)
|
(7)
|
(2)
|
(28)
|
(34)
|
(29)
|
(3)
|
40
|
103
|
186
|
326
|
251
|
251
|
246
|
339
|
276
|
289
|
279
|
273
|
260
|
291
|
311
|
370
|
339
|
367
|
443
|
584
|
424
|
495
|
582
|
541
|
594
|
462
|
395
|
636
|
496
|
575
|
530
|
|
Operating Income |
516
N/A
|
545
+6%
|
550
+1%
|
562
+2%
|
636
+13%
|
653
+3%
|
657
+1%
|
707
+8%
|
745
+5%
|
792
+6%
|
865
+9%
|
900
+4%
|
977
+9%
|
1 092
+12%
|
1 109
+2%
|
1 167
+5%
|
1 144
-2%
|
1 208
+6%
|
1 166
-4%
|
1 120
-4%
|
1 110
-1%
|
1 034
-7%
|
1 054
+2%
|
1 466
+39%
|
1 949
+33%
|
2 159
+11%
|
2 719
+26%
|
3 040
+12%
|
3 258
+7%
|
3 174
-3%
|
3 038
-4%
|
3 167
+4%
|
3 333
+5%
|
3 651
+10%
|
3 556
-3%
|
3 724
+5%
|
3 835
+3%
|
4 295
+12%
|
4 550
+6%
|
4 671
+3%
|
4 567
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
64
|
72
|
77
|
78
|
78
|
72
|
66
|
61
|
63
|
40
|
43
|
73
|
60
|
89
|
104
|
88
|
104
|
77
|
52
|
50
|
32
|
37
|
36
|
9
|
46
|
191
|
195
|
213
|
195
|
761
|
760
|
926
|
856
|
874
|
916
|
814
|
901
|
740
|
543
|
483
|
507
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
6
|
6
|
6
|
(0)
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(26)
|
(2)
|
(3)
|
(3)
|
(13)
|
(3)
|
(2)
|
(2)
|
(124)
|
(2)
|
(2)
|
(1)
|
(58)
|
0
|
0
|
0
|
(52)
|
0
|
(0)
|
166
|
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
150
|
158
|
156
|
158
|
166
|
181
|
198
|
200
|
217
|
212
|
165
|
129
|
62
|
15
|
9
|
6
|
5
|
1
|
1
|
5
|
10
|
11
|
5
|
8
|
0
|
7
|
(3)
|
(9)
|
(3)
|
8
|
(1)
|
0
|
(0)
|
10
|
5
|
4
|
7
|
16
|
(2)
|
2
|
(2)
|
|
Pre-Tax Income |
729
N/A
|
775
+6%
|
783
+1%
|
797
+2%
|
879
+10%
|
905
+3%
|
921
+2%
|
968
+5%
|
1 025
+6%
|
1 044
+2%
|
1 080
+3%
|
1 108
+3%
|
1 105
0%
|
1 202
+9%
|
1 222
+2%
|
1 261
+3%
|
1 253
-1%
|
1 284
+2%
|
1 216
-5%
|
1 173
-4%
|
1 148
-2%
|
1 056
-8%
|
1 093
+4%
|
1 479
+35%
|
1 993
+35%
|
2 344
+18%
|
2 909
+24%
|
3 242
+11%
|
3 449
+6%
|
3 819
+11%
|
3 796
-1%
|
4 091
+8%
|
4 188
+2%
|
4 477
+7%
|
4 477
+0%
|
4 542
+1%
|
4 744
+4%
|
5 000
+5%
|
5 091
+2%
|
5 155
+1%
|
5 237
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(85)
|
(85)
|
(88)
|
(81)
|
(72)
|
(71)
|
(75)
|
(74)
|
(76)
|
(63)
|
(64)
|
(86)
|
(97)
|
(111)
|
(106)
|
(99)
|
(76)
|
(75)
|
(69)
|
(46)
|
(56)
|
(46)
|
(38)
|
(89)
|
(130)
|
(162)
|
(227)
|
(230)
|
(235)
|
(138)
|
(80)
|
(58)
|
(0)
|
(152)
|
(121)
|
(122)
|
(181)
|
(225)
|
(244)
|
(322)
|
(392)
|
|
Income from Continuing Operations |
644
|
690
|
695
|
716
|
807
|
834
|
845
|
895
|
949
|
980
|
1 015
|
1 022
|
1 008
|
1 091
|
1 116
|
1 162
|
1 177
|
1 209
|
1 147
|
1 127
|
1 092
|
1 010
|
1 055
|
1 390
|
1 863
|
2 182
|
2 682
|
3 012
|
3 214
|
3 681
|
3 716
|
4 032
|
4 188
|
4 324
|
4 357
|
4 420
|
4 563
|
4 776
|
4 847
|
4 833
|
4 845
|
|
Income to Minority Interest |
(23)
|
(24)
|
(23)
|
(21)
|
(19)
|
(25)
|
(23)
|
(27)
|
(37)
|
(48)
|
(51)
|
(50)
|
(42)
|
(31)
|
(32)
|
(35)
|
(46)
|
(42)
|
(47)
|
(58)
|
(74)
|
(58)
|
(59)
|
(62)
|
(59)
|
(82)
|
(108)
|
(124)
|
(120)
|
(108)
|
(72)
|
(47)
|
(21)
|
(5)
|
(7)
|
2
|
(9)
|
(34)
|
(41)
|
(50)
|
(69)
|
|
Net Income (Common) |
622
N/A
|
666
+7%
|
673
+1%
|
695
+3%
|
788
+13%
|
809
+3%
|
823
+2%
|
868
+6%
|
912
+5%
|
932
+2%
|
965
+4%
|
972
+1%
|
967
-1%
|
1 060
+10%
|
1 084
+2%
|
1 127
+4%
|
1 131
+0%
|
1 167
+3%
|
1 100
-6%
|
1 069
-3%
|
1 019
-5%
|
952
-7%
|
995
+5%
|
1 328
+33%
|
1 804
+36%
|
2 100
+16%
|
2 574
+23%
|
2 889
+12%
|
3 094
+7%
|
3 573
+16%
|
3 645
+2%
|
3 985
+9%
|
4 166
+5%
|
4 320
+4%
|
4 350
+1%
|
4 422
+2%
|
4 554
+3%
|
4 742
+4%
|
4 806
+1%
|
4 783
0%
|
4 776
0%
|
|
EPS (Diluted) |
0.4
N/A
|
0.42
+5%
|
0.42
N/A
|
0.43
+2%
|
0.49
+14%
|
0.51
+4%
|
0.52
+2%
|
0.55
+6%
|
0.58
+5%
|
0.58
N/A
|
0.6
+3%
|
0.59
-2%
|
0.58
-2%
|
0.64
+10%
|
0.65
+2%
|
0.68
+5%
|
0.68
N/A
|
0.71
+4%
|
0.66
-7%
|
0.64
-3%
|
0.61
-5%
|
0.55
-10%
|
0.59
+7%
|
0.78
+32%
|
1.05
+35%
|
1.21
+15%
|
1.48
+22%
|
1.12
-24%
|
1.17
+4%
|
1.36
+16%
|
1.32
-3%
|
1.52
+15%
|
1.57
+3%
|
1.63
+4%
|
1.63
N/A
|
1.67
+2%
|
1.68
+1%
|
1.78
+6%
|
1.79
+1%
|
1.8
+1%
|
1.78
-1%
|