1900 Income Statement - TTM - China ITS (Holdings) Co., Ltd.

Income Statement (TTM)

China ITS (Holdings) Co., Ltd. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	909	931	968	1,005	873	740	706	673	693	714	766	817	837	857	827	796	808	820	917	1,013
Change (%)		2.35	4.00	3.84	-13.17	-15.16	-4.58	-4.80	3.12	3.02	7.17	6.69	2.48	2.42	-3.56	-3.69	1.47	1.45	11.81	10.56
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	724	739	745	751	612	473	437	401	428	455	499	542	534	526	504	483	499	515	547	580
Change (%)		2.08	0.81	0.80	-18.51	-22.72	-7.65	-8.28	6.80	6.37	9.52	8.69	-1.49	-1.51	-4.10	-4.27	3.30	3.20	6.39	6.00
% of Revenue	79.63	79.42	76.99	74.74	70.13	63.89	61.84	59.57	61.70	63.71	65.11	66.33	63.76	61.31	60.97	60.61	61.70	62.76	59.72	57.26

Gross Operating Profit	185	192	223	254	261	267	270	272	266	259	267	275	303	332	323	314	309	305	369	433
Change (%)		3.39	16.28	14.00	2.65	2.58	0.85	0.84	-2.32	-2.37	3.05	2.96	10.29	9.33	-2.71	-2.78	-1.35	-1.36	20.94	17.32
% of Revenue	20.37	20.58	23.01	25.26	29.87	36.11	38.16	40.43	38.30	36.29	34.89	33.67	36.24	38.69	39.03	39.39	38.30	37.24	40.28	42.74

SG&A	152	158	156	154	147	139	139	138	133	129	133	138	148	159	158	156	156	156	176	196
Change (%)		3.60	-1.03	-1.04	-4.97	-5.23	-0.33	-0.34	-3.47	-3.60	3.69	3.56	7.55	7.02	-0.75	-0.76	-0.25	-0.25	12.92	11.44
% of Revenue	16.73	16.94	16.12	15.36	16.81	18.78	19.62	20.54	19.22	17.99	17.40	16.89	17.73	18.53	19.07	19.65	19.31	18.99	19.18	19.33

R&D
Change (%)
% of Revenue

OpEx	878	897	901	905	759	612	576	539	561	584	634	684	684	685	663	642	656	670	723	776
Change (%)		2.18	0.48	0.48	-16.20	-19.33	-5.95	-6.32	4.12	3.96	8.62	7.94	0.01	0.01	-3.14	-3.25	2.24	2.19	7.90	7.33
% of Revenue	96.51	96.36	93.11	90.09	86.94	82.67	81.49	80.18	80.96	81.70	82.81	83.77	81.76	79.84	80.18	80.55	81.16	81.75	78.90	76.59

Operating Income	32	34	67	100	114	128	131	133	132	131	132	133	153	173	164	155	152	150	193	237
Change (%)		6.91	96.93	49.22	14.42	12.60	1.96	1.92	-0.96	-0.97	0.69	0.69	15.19	13.19	-5.20	-5.49	-1.70	-1.73	29.29	22.66
% of Revenue	3.49	3.64	6.89	9.91	13.06	17.33	18.51	19.82	19.04	18.30	17.19	16.23	18.24	20.16	19.82	19.45	18.84	18.25	21.10	23.41

Interest Expense	-39	-38	-31	-25	-21	-18	-16	-13	-13	-12	-12	-12	-11	-10	-10	-9	-10	-11	-11	-11
Change (%)		-1.32	-17.65	-21.43	-13.46	-15.56	-12.63	-14.45	-5.79	-6.14	0.47	0.47	-9.35	-10.31	-1.99	-2.03	6.08	5.73	4.06	3.90
% of Revenue	-4.25	-4.10	-3.25	-2.46	-2.45	-2.44	-2.23	-2.00	-1.83	-1.67	-1.56	-1.47	-1.30	-1.14	-1.16	-1.18	-1.23	-1.29	-1.20	-1.12

Net Income	-101	-177	-182	-187	-56	75	57	39	44	48	79	110	123	137	90	44	33	22	222	422
Change (%)		75.10	2.77	2.69	-69.93	-232.60	-23.89	-31.38	12.29	10.95	62.97	38.64	12.62	11.20	-34.07	-51.69	-24.76	-32.91	906.74	90.07
% of Revenue	-11.12	-19.03	-18.81	-18.60	-6.44	10.07	8.03	5.79	6.30	6.79	10.32	13.41	14.74	16.00	10.94	5.49	4.07	2.69	24.23	41.65

Source: Capital IQ

China ITS (Holdings) Co., Ltd. - Income Statement (TTM)

Income Statement (TTM)