Hangzhou Statements
30
Hangzhou 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
80.683
100
32.46
40.2
48.223
59.8
25.176
31.2
24.574
30.5
44.392
55
3.831
4.7
1.402
1.7
-0.678
-0.8
4.554
5.6
0.739
0.9
5.084
6.3
0.024
211.45
107.34
100
40.803
38
66.534
62
25.048
23.3
28.308
26.4
49.894
46.5
16.641
15.5
1.243
1.2
-0.08
-0.07
17.803
16.6
-0.311
-0.3
19.927
18.6
0.094
211.45
65.092
100
83.11
127.7
-18.018
-27.7
37.637
57.8
16.357
25.1
104.2
160.1
-122.22
-187.8
-0.364
-0.6
-0.858
-1.3
-123.55
-189.8
3.512
5.4
-124.1
-190.7
-0.587
211.45
91.385
100
46.732
51.1
44.653
48.9
26.849
29.4
35.146
38.5
58.194
63.7
-13.542
-14.8
1.912
2.1
-0.02
-0.02
-11.65
-12.7
-0.042
-0.05
-10.08
-11.03
-0.048
211.45
113.62
100
46.931
41.3
66.689
58.7
24.452
21.5
27.551
24.2
50.97
44.9
15.719
13.8
0.572
0.5
-0.026
-0.02
16.258
14.3
0.388
0.3
17.348
15.3
0.082
211.45
90.44
100
41.762
46.2
48.677
53.8
18.561
20.5
30.363
33.6
47.781
52.8
0.896
1
1.855
2.1
0.018
0.02
2.706
3
-0.156
-0.2
3.357
3.7
0.016
211.45
172.18
100
88.064
51.1
84.115
48.9
23.629
13.7
23.436
13.6
44.972
26.1
39.142
22.7
2.773
1.6
-0.555
-0.3
41.363
24
2.068
1.2
40.364
23.4
0.191
210.97
121
100
51.676
42.7
69.326
57.3
22.544
18.6
32.763
27.1
52.314
43.2
17.012
14.1
4.558
3.8
-0.683
-0.6
20.885
17.3
1.492
1.2
18.833
15.6
0.093
201.52
107.77
100
47.113
43.7
60.653
56.3
22.595
21
28.13
26.1
45.672
42.4
14.981
13.9
2.161
2
-0.052
-0.05
17.139
15.9
0.014
0.01
17.094
15.9
0.074
229.85
86
100
40.7
47.3
45.3
52.7
22.1
25.7
26.3
30.6
46
53.5
-0.7
-0.8
2.9
3.4
—
0
2.2
2.6
-0.1
-0.1
2.6
3
0.01
210.1
162
100
122.7
75.7
39.3
24.3
52.9
32.7
40.8
25.2
419.4
258.9
-380.1
-234.6
5.8
3.6
-2.3
-1.4
-376.6
-232.5
8.5
5.2
-385.1
-237.7
-1.75
220
103
100
48.3
46.9
54.7
53.1
24.1
23.4
32.3
31.4
48.9
47.5
5.9
5.7
1.5
1.5
0.7
0.7
8
7.8
0.3
0.3
7.9
7.7
0.04
220
101.7
100
50.6
49.8
51.1
50.2
13.8
13.6
27.5
27
35.4
34.8
15.7
15.4
1.6
1.6
1.3
1.3
18.8
18.5
-0.1
-0.1
18.9
18.6
0.08
235.1
41
100
17
41.5
24
58.5
18
43.9
24.4
59.5
37.3
91
-13.3
-32.4
2.6
6.3
0.1
0.2
-10.6
-25.9
-0.2
-0.5
-10.2
-24.9
-0.05
204.9
163.6
100
103.7
63.4
59.9
36.6
30
18.3
34.4
21
62.5
38.2
-2.6
-1.6
4.9
3
-1.8
-1.1
0.4
0.2
-0.2
-0.1
4.1
2.5
0.02
224.3
85
100
35.1
41.3
49.9
58.7
10.6
12.5
25.9
30.5
30.6
36
19.3
22.7
1.7
2
0.2
0.2
21.2
24.9
2.3
2.7
18
21.2
0.08
225
114.7
100
62.3
54.3
52.4
45.7
18.9
16.5
32.7
28.5
40.7
35.5
11.7
10.2
1.1
1
0.2
0.2
13
11.3
-1.3
-1.1
14.6
12.7
0.07
210.1
122.5
100
60.5
49.4
62
50.6
18.6
15.2
35.1
28.7
51.1
41.7
10.9
8.9
1.6
1.3
1.1
0.9
13.6
11.1
0.7
0.6
10.4
8.5
0.05
229.9
142.5
100
87.8
61.6
54.7
38.4
80.1
56.2
0.1
0.07
605.9
425.2
-551.2
-386.8
-0.8
-0.6
216.6
152
-335.5
-235.4
28.3
19.9
-363.8
-255.3
-1.58
229.9
125.9
100
44.2
35.1
81.7
64.9
—
0
48.4
38.4
48.3
38.4
33.5
26.6
3.6
2.9
1.8
1.4
38.9
30.9
-1.2
-1
40.2
31.9
0.17
229.9
79.4
100
38.6
48.6
40.7
51.3
—
0
39.4
49.6
28.5
35.9
12.3
15.5
5.2
6.5
0.6
0.8
18.1
22.8
0.6
0.8
17.6
22.2
0.08
227.4
72.1
100
28.1
39
43.9
60.9
—
0
44.1
61.2
41.3
57.3
2.7
3.7
1.3
1.8
-0.4
-0.6
3.6
5
2
2.8
1.3
1.8
0.01
232.3
204.4
100
98.1
48
106.3
52
—
0
59
28.9
123.7
60.5
-17.4
-8.5
2.9
1.4
49.5
24.2
35
17.1
8.3
4.1
25.2
12.3
0.11
232.3
103.2
100
30.6
29.7
72.5
70.3
—
0
43
41.7
32.3
31.3
40.2
39
1.1
1.1
4.6
4.5
46
44.6
4.6
4.5
39.2
38
0.17
232.3
94.5
100
37.6
39.8
56.9
60.2
—
0
39.6
41.9
35.1
37.1
21.7
23
1.5
1.6
-1.3
-1.4
22
23.3
-2
-2.1
27.8
29.4
0.12
232.3
48.2
100
18.3
38
29.9
62
—
0
47.8
99.2
50
103.7
-20.1
-41.7
1.5
3.1
3.9
8.1
-14.7
-30.5
-0.2
-0.4
-14.3
-29.7
-0.06
230
178.4
100
56.5
31.7
121.9
68.3
—
0
62.7
35.1
73.4
41.1
48.5
27.2
0.8
0.4
10.5
5.9
59.7
33.5
-1.8
-1.009
62
34.8
0.27
230
74.9
100
17.9
23.9
57
76.1
—
0
42.8
57.1
40.9
54.6
16.1
21.5
1.1
1.5
6.5
8.7
23.7
31.6
-1.9
-2.5
24.5
32.7
0.11
230
137.5
100
40.9
29.7
96.6
70.3
—
0
47
34.2
49.5
36
47.1
34.3
1
0.7
6.5
4.7
54.6
39.7
12.2
8.9
42.8
31.1
0.19
230
59.8
100
27.1
45.3
32.6
54.5
—
0
31.1
52
35.7
59.7
-3.1
-5.2
0.3
0.5
8.8
14.7
6
10
-0.8
-1.3
7
11.7
0.04
197.2
188.2
100
95.3
50.6
92.8
49.3
—
0
46.5
24.7
54.6
29
38.3
20.4
3.6
1.9
8.4
4.5
50.3
26.7
3.8
2
47.9
25.5
0.25
195.3
69.9
100
30.6
43.8
39.3
56.2
—
0
29.1
41.6
30.4
43.5
8.9
12.7
0.2
0.3
3.9
5.6
13
18.6
0.3
0.4
13.7
19.6
0.07
195.3
47.5
100
16.1
33.9
31.5
66.3
—
0
21.9
46.1
20.2
42.5
11.2
23.6
0.4
0.8
1.6
3.4
13.2
27.8
-0.1
-0.2
13.5
28.4
0.07
195.3
60.8
100
38.9
64
21.9
36
—
0
28.3
46.5
29.5
48.5
-7.6
-12.5
1.7
2.8
2.5
4.1
-3.4
-5.6
0.3
0.5
-3.5
-5.8
-0.02
159.4
75
100
40
53.3
35
46.7
—
0
18.7
24.9
22.7
30.3
12.3
16.4
1.1
1.5
4
5.3
17.4
23.2
3.3
4.4
11.4
15.2
0.07
159.4
64.3
100
46.8
72.8
17.4
27.1
—
0
14.6
22.7
14.4
22.4
3
4.7
1.2
1.9
1.6
2.5
5.9
9.2
-1.9
-3
6.9
10.7
0.04
159.4
56.7
100
31.8
56.1
24.9
43.9
—
0
13.8
24.3
14.5
25.6
10.4
18.3
1.3
2.3
1.3
2.3
13
22.9
3.3
5.8
8.8
15.5
0.06
159.4
35.3
100
19
53.8
16.3
46.2
—
0
12.4
35.1
12.8
36.3
3.5
9.9
1.1
3.1
2
5.7
6.5
18.4
1.6
4.5
4.7
13.3
0.03
159.4
55.8
100
33.5
60
22.2
39.8
—
0
16
28.7
15.7
28.1
6.5
11.6
1.2
2.2
2.1
3.8
9.9
17.7
2
3.6
6
10.8
0.04
159.4
48
100
30.7
64
17.3
36
—
0
12.3
25.6
12.4
25.8
4.9
10.2
1.1
2.3
1.7
3.5
7.7
16
0.9
1.9
6.6
13.7
0.04
159.4
51.2
100
31.9
62.3
19.3
37.7
—
0
11.6
22.7
12.7
24.8
6.6
12.9
1.5
2.9
2.9
5.7
11.1
21.7
1
2
8.9
17.4
0.06
159.4