Fundamentals - Income Statement

Fundamentals - Income Statement

  Year Ending Dec 2018 (Reclassified) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update)
Net Sales 1,374.80 1,575.09 1,444.91 1,609.20
Revenue 1,374.80 1,575.09 1,444.91 1,609.20
Total Revenue 1,374.80 1,575.09 1,444.91 1,609.20
Cost of Revenue 593.97 727.20 726.81 829.39
Cost of Revenue, Total 593.97 727.20 726.81 829.39
Gross Profit 780.83 847.90 718.10 779.81
Selling/General/Administrative Expense 700.13 627.91 352.57 387.34
Labor & Related Expense -- 12.67 8.18 24.88
Advertising Expense -- -- 160.10 117.90
Selling/General/Administrative Expenses, Total 700.13 640.59 520.85 530.12
Research & Development 204.72 192.33 161.88 170.71
Other Unusual Expense (Income) -10.57 -- -- --
Unusual Expense (Income) -10.57 -- -- --
Total Operating Expense 1,488.26 1,560.11 1,409.54 1,530.22
Operating Income -113.46 14.98 35.37 78.97
Interest Expense - Non-Operating -13.54 -22.22 -7.06 --
Interest Expense, Net Non-Operating -13.54 -22.22 -7.06 --
Interest Income, Non-Operating 47.45 54.29 35.11 27.91
Investment Income, Non-Operating 12.20 -17.26 7.83 -38.27
Interest/Investment Income, Non-Operating 59.65 37.02 42.95 -10.37
Interest Income (Expense), Net-Non-Operating, Total 46.10 14.80 35.88 -10.37
Other Non-Operating Income (Expense) 21.85 19.42 21.05 29.29
Other, Net 21.85 19.42 21.05 29.29
Net Income Before Taxes -45.51 49.21 92.31 97.90
Income Tax – Total 20.11 14.78 14.09 25.52
Income After Tax -65.61 34.42 78.22 72.39
Minority Interest 2.39 3.05 2.39 1.20
Net Income Before Extraordinary Items -63.22 37.47 80.61 73.58
Net Income -63.22 37.47 80.61 73.58
Preferred Dividends -- -- -- --
Miscellaneous Earnings Adjustment -- -- -- --
Total Adjustments to Net Income -- -- -- --
Income Available to Common Excluding Extraordinary Items -63.22 37.47 80.61 73.58
Income Available to Common Stocks Including Extraordinary Items -63.22 37.47 80.61 73.58
Basic Weighted Average Shares 581.43 574.79 573.52 571.25
Basic EPS Excluding Extraordinary Items -0.11 0.07 0.14 0.13
Basic EPS Including Extraordinary Items -0.11 0.07 0.14 0.13
Dilution Adjustment -- -- -- --
Diluted Net Income -63.22 37.47 80.61 73.58
Diluted Weighted Average Shares 581.43 590.43 577.04 580.79
Diluted EPS Excluding Extraordinary Items -0.11 0.06 0.14 0.13
Diluted EPS Including Extraordinary Items -0.11 0.06 0.14 0.13
DPS - Common Stock Primary Issue -- -- -- --
Gross Dividends - Common Stock 0.00 0.00 0.00 0.00
Total Special Items -10.57 -- -- --
Normalized Income Before Taxes -56.07 49.21 92.31 97.90
Effect of Special Items on Income Taxes -3.70 -- -- --
Income Taxes Excluding Impact of Special Items 16.41 14.78 14.09 25.52
Normalized Income After Taxes -72.48 34.42 78.22 72.39
Normalized Income Available to Common -70.09 37.47 80.61 73.58
Basic Normalized EPS -0.12 0.07 0.14 0.13
Diluted Normalized EPS -0.12 0.06 0.14 0.13
Amortization of Intangibles, Supplemental -- 3.40 4.80 7.40
Depreciation, Supplemental 32.47 32.22 37.20 38.10
Interest Expense, Supplemental 13.54 22.22 7.06 --
Rental Expense, Supplemental 37.60 37.00 39.40 41.10
Stock-Based Compensation, Supplemental 3.75 5.02 -4.37 6.34
Advertising Expense, Supplemental -- -- 160.10 117.90
Equity in Affiliates, Supplemental 5.35 6.30 -1.78 -41.86
Minority Interest, Supplemental 2.39 3.05 2.39 1.20
Research & Development Expense, Supplemental 204.72 192.33 161.88 170.71
Audit-Related Fees, Supplemental 1.19 1.17 1.08 7.30
Audit-Related Fees -- -- -- --
Tax Fees, Supplemental 0.02 0.02 0.03 0.11
All Other Fees Paid to Auditor, Supplemental 0.04 0.02 0.05 0.30
Gross Margin 56.80 53.83 49.70 48.46
Operating Margin -8.25 0.95 2.45 4.91
Pretax Margin -3.31 3.12 6.39 6.08
Effective Tax Rate -- 30.04 15.26 26.06
Net Profit Margin -4.60 2.38 5.58 4.57
Normalized EBIT -124.02 14.98 35.37 78.97
Normalized EBITDA -91.55 50.60 77.37 124.47
Current Tax - Total 19.82 20.94 32.43 36.92
Current Tax - Total 19.82 20.94 32.43 36.92
Deferred Tax - Domestic -- -- -- --
Deferred Tax - Total 0.29 -6.15 -18.34 -11.40
Deferred Tax - Total 0.29 -6.15 -18.34 -11.40
Income Tax - Total 20.11 14.78 14.09 25.52
Defined Contribution Expense - Domestic 84.30 79.40 72.60 75.60
Total Pension Expense 84.30 79.40 72.60 75.60
In millions of CNY (except for per share items)

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