Sungrow Power Statements
30
Sungrow Power Income Statement
B
M
CNY (except Earnings per share)
Financial
Revenue
Cost of sales
Gross profit
Research and development
Selling, general and administrative
Total operating expenses
Operating income
Interest expense
Other income
Income before tax
Provision for income taxes
Net income
Diluted earnings per share
Shares outstanding after dilution
18 406.18
100
13 068.47
71
5 337.71
29
829.96
4.5
1 260.48
6.8
1 985.92
10.8
3 351.78
18.2
109.41
0.6
-7.521
-0.04
3 453.79
18.8
514.88
2.8
2 862.75
15.6
1.377
2 078.24
25 836.04
100
18 577.1
71.9
7 258.94
28.1
705.39
2.7
2 653.86
10.3
4 184.08
16.2
3 074.86
11.9
67.252
0.3
-13.322
-0.05
3 128.74
12.1
851.48
3.3
2 216.59
8.6
1.071
2 069.47
17 792.41
100
11 756.62
66.1
6 035.79
33.9
692.84
3.9
1 722.24
9.7
2 494.51
14
3 541.29
19.9
-235.37
-1.3
13.127
0.07
3 318.94
18.7
399.25
2.2
2 868.9
16.1
1.93
1 486.56
16 041.87
100
11 208.49
69.9
4 833.39
30.1
618.12
3.9
1 194.34
7.4
1 939.58
12.1
2 893.81
18
354.13
2.2
-17.817
-0.1
3 225.69
20.1
343.15
2.1
2 846.43
17.7
1.907
1 492.27
12 580.35
100
9 099.83
72.3
3 480.52
27.7
431.04
3.4
1 197.39
9.5
1 631.54
13
1 848.98
14.7
-73.865
-0.6
11.521
0.09
1 786.58
14.2
257.35
2
1 507.65
12
1.019
1 479.8
18 033.3
100
13 864.42
76.9
4 168.88
23.1
532.12
3
1 819.54
10.1
2 556.4
14.2
1 612.48
8.9
95.163
0.5
-20.847
-0.1
1 685.42
9.3
118.21
0.7
1 532.84
8.5
1.041
1 471.93
9 942.7
100
7 480.04
75.2
2 462.66
24.8
436.67
4.4
904.95
9.1
1 328.29
13.4
1 134.37
11.4
217.69
2.2
-1.145
-0.01
1 350.49
13.6
164.16
1.7
1 160.13
11.7
0.773
1 500.64
7 713.55
100
5 938.01
77
1 775.54
23
423.61
5.5
974.73
12.6
1 396.31
18.1
379.23
4.9
224.87
2.9
4.609
0.06
608.72
7.9
89.312
1.2
489.53
6.3
0.332
1 473.31
4 567.69
100
3 235.95
70.8
1 331.74
29.2
299.75
6.6
538.8
11.8
802.91
17.6
528.83
11.6
-49.749
-1.09
10.2
0.2
489.33
10.7
66.847
1.5
410.91
9
0.28
1 467.55
8 762.94
100
7 637.68
87.2
1 125.27
12.8
311.22
3.6
887.36
10.1
1 275.54
14.6
-150.27
-1.7
212.09
2.4
-7.35
-0.08
54.916
0.6
-42.748
-0.5
77.933
0.9
0.053
1 479.04
7 163.45
100
5 262.92
73.5
1 900.53
26.5
342.62
4.8
582.68
8.1
894.74
12.5
1 005.79
14
-73.241
-1.02
0.946
0.01
933.5
13
115.62
1.6
747.8
10.4
0.509
1 468.96
4 863.47
100
3 564.6
73.3
1 298.87
26.7
326.1
6.7
455.31
9.4
816.21
16.8
482.66
9.9
-7.585
-0.2
-3.664
-0.08
471.41
9.7
73.135
1.5
370.26
7.6
0.25
1 481.58
3 346.7
100
2 382.5
71.2
964.2
28.8
181.5
5.4
355.9
10.6
543.5
16.2
420.8
12.6
6.9
0.2
5.2
0.2
432.8
12.9
42.7
1.3
386.7
11.6
0.27
1 456.9
7 376.8
100
5 903.4
80
1 473.3
20
284
3.8
216.6
2.9
469.3
6.4
1 004.1
13.6
-116.4
-1.6
6
0.08
894.6
12.1
130.1
1.8
759
10.3
0.52
1 460.6
4 966.8
100
3 447.8
69.4
1 519
30.6
221.2
4.5
497.8
10
691.3
13.9
827.7
16.7
-28
-0.6
3.8
0.08
803.3
16.2
46.8
0.9
749.2
15.1
0.51
1 469
5 095.4
100
4 219
82.8
876.5
17.2
189.6
3.7
451.7
8.9
602.6
11.8
273.8
5.4
27.9
0.5
5.5
0.1
306.8
6
13.4
0.3
286.6
5.6
0.19
1 492.8
1 846.6
100
1 329.5
72
517.2
28
111.6
6
250.8
13.6
331
17.9
186.1
10.1
-7.2
-0.4
-2.2
-0.1
176.8
9.6
15.7
0.9
159.5
8.6
0.11
1 450
5 819.3
100
4 603.4
79.1
1 215.9
20.9
239
4.1
480.9
8.3
702.4
12.1
513.5
8.8
-99.6
-1.7
-7.9
-0.1
406.1
7
67.9
1.2
338.2
5.8
0.23
1 476
2 721.5
100
2 120.9
77.9
600.6
22.1
151.2
5.6
292.5
10.7
393.2
14.4
207.5
7.6
37.5
1.4
3.5
0.1
248.4
9.1
15.2
0.6
221.8
8.1
0.15
1 478.6
2 243.4
100
1 594.6
71.1
648.7
28.9
152.2
6.8
460.8
20.5
522.3
23.3
126.5
5.6
61.2
2.7
-12.8
-0.6
175.1
7.8
10.8
0.5
161.4
7.2
0.11
1 465.5
2 219.1
100
1 634.4
73.7
584.7
26.3
93.5
4.2
209.2
9.4
345.6
15.6
239
10.8
-37.9
-1.7
1.1
0.05
202.2
9.1
26.3
1.2
171.2
7.7
0.12
1 426.6
4 724.4
100
3 862.2
81.8
862.2
18.2
196.7
4.2
273.7
5.8
604
12.8
258.1
5.5
-16.6
-0.4
8.3
0.2
249.9
5.3
45.4
1
202.5
4.3
0.13
1 553
1 749.2
100
1 201.1
68.7
548.1
31.3
104
5.9
270
15.4
349.7
20
198.4
11.3
41.2
2.4
2.9
0.2
242.6
13.9
11.9
0.7
224.2
12.8
0.16
1 417.7
2 189.8
100
1 578.3
72.1
611.5
27.9
—
0
374.8
17.1
431.3
19.7
180.2
8.2
28
1.3
-2.2
-0.1
206
9.4
26.3
1.2
180.2
8.2
0.13
1 422.3
1 705.5
100
1 184.1
69.4
521.5
30.6
—
0
256.5
15
296.5
17.4
224.9
13.2
-1.9
-0.1
1.2
0.07
224.2
13.1
21.8
1.3
202.7
11.9
0.14
1 414.3
2 244.4
1 642.3
602.1
—
367.5
267.8
334.3
-14.2
-7.8
313
43.5
273.1
0.19
1 406
3 100.3
2 267.9
832.5
—
314.5
417.6
414.8
-7.9
11.3
418.6
38.6
381.9
0.26
1 448.5
2 294.2
1 695.1
599.1
—
245.3
306.7
292.5
-2
-0.4
289.1
50.6
240
0.17
1 419.8
1 247.1
886.7
360.4
—
201.7
244.7
115.7
11.4
14
141.1
14.8
129.1
0.09
1 414.3
2 773
2 150.5
622.5
—
259.9
341
281.5
13.5
10.3
304.5
52.9
256.7
0.18
1 414.3
848.9
601.1
247.8
—
160
185.8
61.9
6.1
11.2
79
9.6
71.8
0.05
1 406.8
1 016
733.6
282.4
—
164.5
162.1
120.3
-2.3
14.1
132.1
29.6
103.9
0.09
1 189.5
1 365.8
1 073.4
292.4
—
131.8
157.3
135.1
-2.8
20.3
152.6
29.9
121.1
0.1
1 189.5
2 043.9
1 596.6
447.2
—
199.3
277.2
170.1
-4.6
24
187.4
22.4
164.2
0.14
1 186
741.7
537.9
203.8
—
107.7
118.4
85.4
8.2
13.9
107.5
12.7
94.9
0.08
1 186
1 052.8
822.5
230.3
—
93.2
125.6
104.7
5.2
6.8
116.7
19.3
97.4
0.08
1 184.9
730.9
547.8
183.1
—
96.4
99.5
83.6
-9
6.4
81
12.1
68.9
0.06
1 184.9
1 661.3
1 287.5
373.8
—
110.6
194
179.8
-20
20.4
180
20.8
159.3
0.13
1 184.9
469.7
347.8
121.9
—
91.4
99.1
22.8
-4.8
16.3
34.2
5.8
28.4
0.02
1 178.1
488
348.4
139.6
—
71.3
83.4
56.2
4.3
4.4
64.8
10.7
54.2
0.05
1 178.1
443.3
319.8
123.4
—
87.2
90
33.5
7.1
6.1
46.6
5.2
41.5
0.04
1 178.1
863
679.8
183.2
—
105.1
120.8
62.4
6.5
7.4
76.3
8.1
68.3
0.06
1 178.1
534.3
376.5
157.8
—
65.9
101.1
56.6
10.6
3
70.2
11.4
58.9
0.05
1 161.2
568.2
457.6
110.6
—
59.4
69.8
40.8
6.7
9.1
56.6
8
48.7
0.04
1 161.2
154.9
107.3
47.6
—
59.5
59.9
-12.4
4.5
13.5
5.7
0.4
5.2
—
1 161.2
492
348.3
143.7
—
88.6
151.8
-8.2
8.7
14.5
15.1
4.2
10.9
0.01
1 161.2