T&S Communications Co Ltd
SZSE:300570

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T&S Communications Co Ltd Logo
T&S Communications Co Ltd
SZSE:300570
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Price: 71.24 CNY -5.39%
Market Cap: 16B CNY
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Income Statement

Earnings Waterfall
T&S Communications Co Ltd

Revenue
1.2B CNY
Cost of Revenue
-797.1m CNY
Gross Profit
380.5m CNY
Operating Expenses
-181.5m CNY
Operating Income
199m CNY
Other Expenses
-2.9m CNY
Net Income
196.1m CNY

Income Statement
T&S Communications Co Ltd

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Income Statement
Currency: CNY
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
421
N/A
447
+6%
445
0%
468
+5%
490
+5%
518
+6%
558
+8%
614
+10%
794
+29%
877
+10%
925
+5%
931
+1%
753
-19%
635
-16%
553
-13%
503
-9%
574
+14%
628
+10%
661
+5%
671
+1%
646
-4%
669
+4%
806
+20%
879
+9%
934
+6%
943
+1%
848
-10%
853
+1%
885
+4%
918
+4%
1 004
+9%
1 178
+17%
Gross Profit
Cost of Revenue
(270)
(284)
(285)
(306)
(316)
(343)
(374)
(418)
(532)
(588)
(608)
(612)
(511)
(443)
(394)
(363)
(415)
(446)
(462)
(477)
(475)
(477)
(574)
(612)
(646)
(640)
(590)
(606)
(640)
(658)
(707)
(797)
Gross Profit
151
N/A
163
+8%
160
-2%
163
+2%
173
+7%
175
+1%
184
+5%
195
+6%
263
+35%
289
+10%
317
+10%
319
+1%
242
-24%
192
-21%
159
-17%
140
-12%
158
+13%
182
+15%
199
+9%
193
-3%
172
-11%
193
+12%
232
+20%
267
+15%
287
+8%
304
+6%
258
-15%
247
-4%
245
-1%
260
+6%
298
+14%
381
+28%
Operating Income
Operating Expenses
(51)
(55)
(55)
(55)
(58)
(49)
(60)
(74)
(112)
(128)
(128)
(123)
(90)
(72)
(70)
(71)
(77)
(90)
(102)
(99)
(89)
(101)
(132)
(148)
(148)
(166)
(140)
(134)
(120)
(135)
(145)
(182)
Selling, General & Administrative
(30)
(40)
(41)
(54)
(37)
(28)
(38)
(42)
(77)
(83)
(82)
(79)
(61)
(55)
(49)
(47)
(49)
(55)
(53)
(53)
(56)
(59)
(82)
(86)
(85)
(88)
(71)
(72)
(71)
(74)
(77)
(85)
Research & Development
(18)
0
0
0
(19)
(25)
0
(35)
(34)
(34)
(45)
(43)
(35)
(35)
(30)
(32)
(32)
(36)
(37)
(36)
(31)
(38)
(51)
(56)
(60)
(69)
(64)
(64)
(48)
(59)
(64)
(73)
Depreciation & Amortization
(3)
0
0
0
(4)
0
0
0
(7)
0
0
0
(10)
0
0
0
(11)
0
0
0
(14)
0
0
0
(14)
0
0
0
(14)
0
0
0
Other Operating Expenses
(0)
(15)
(15)
(1)
2
3
(22)
3
6
(12)
(1)
(0)
15
18
9
8
14
0
(13)
(9)
11
(4)
0
(6)
12
(9)
(5)
1
13
(2)
(4)
(24)
Operating Income
101
N/A
108
+8%
105
-3%
108
+2%
116
+7%
126
+9%
124
-2%
122
-2%
151
+24%
161
+7%
189
+17%
197
+4%
152
-23%
120
-21%
89
-26%
70
-22%
82
+17%
92
+12%
96
+5%
95
-1%
82
-13%
92
+11%
100
+9%
119
+19%
140
+18%
138
-2%
118
-14%
113
-4%
124
+10%
125
+1%
153
+22%
199
+30%
Pre-Tax Income
Interest Income Expense
15
14
12
11
1
(6)
15
34
31
38
38
32
41
47
31
13
3
2
(9)
(1)
(5)
(12)
37
58
63
70
51
28
37
39
25
17
Non-Reccuring Items
0
0
0
0
(0)
(3)
(3)
(3)
(3)
0
0
0
(0)
0
0
0
0
0
0
0
(0)
0
0
0
(1)
0
(0)
(0)
(0)
0
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
0
0
Total Other Income
2
2
1
1
(1)
(1)
(3)
(2)
(0)
(5)
(3)
(4)
1
(1)
(1)
(1)
(1)
(0)
(0)
(0)
(0)
(1)
(1)
(1)
(0)
(1)
(1)
(0)
3
5
5
7
Pre-Tax Income
118
N/A
125
+6%
119
-4%
119
+0%
116
-3%
117
+0%
133
+14%
150
+13%
178
+19%
194
+9%
224
+15%
225
+0%
193
-14%
166
-14%
119
-29%
82
-31%
84
+1%
94
+12%
87
-7%
94
+8%
78
-17%
79
+2%
137
+73%
176
+29%
202
+15%
207
+3%
168
-19%
141
-16%
164
+17%
169
+3%
183
+8%
223
+22%
Net Income
Tax Provision
(16)
(17)
(16)
(16)
(16)
(17)
(19)
(22)
(27)
(30)
(33)
(33)
(27)
(23)
(17)
(11)
(11)
(12)
(11)
(11)
(7)
(7)
(13)
(18)
(23)
(24)
(14)
(10)
(12)
(12)
(20)
(25)
Income from Continuing Operations
101
107
103
104
100
100
114
129
151
165
191
192
166
144
102
71
72
82
76
83
71
72
123
158
178
183
154
130
152
156
163
198
Income to Minority Interest
0
0
0
0
0
0
1
1
2
2
1
2
2
2
3
3
3
3
3
2
1
1
1
1
2
2
3
4
3
2
0
(2)
Net Income (Common)
101
N/A
107
+6%
103
-4%
104
+1%
100
-4%
100
+0%
115
+14%
130
+13%
153
+18%
166
+9%
192
+16%
193
+0%
168
-13%
146
-13%
105
-28%
75
-29%
76
+1%
85
+12%
79
-7%
84
+7%
72
-15%
73
+2%
125
+70%
159
+27%
180
+13%
185
+3%
157
-15%
134
-14%
155
+15%
158
+2%
163
+3%
196
+20%
EPS (Diluted)
0.57
N/A
0.46
-19%
0.44
-4%
0.45
+2%
0.44
-2%
0.44
N/A
0.5
+14%
0.57
+14%
0.66
+16%
0.73
+11%
0.84
+15%
0.84
N/A
0.73
-13%
0.64
-12%
0.47
-27%
0.34
-28%
0.33
-3%
0.38
+15%
0.35
-8%
0.37
+6%
0.32
-14%
0.33
+3%
0.56
+70%
0.71
+27%
0.81
+14%
0.83
+2%
0.7
-16%
0.6
-14%
0.7
+17%
0.71
+1%
0.72
+1%
0.86
+19%

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