TSF Investments Ltd
NSE:TSFINV
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TSF Investments Ltd
NSE:TSFINV
|
IN |
|
Montage Technology Co Ltd
SSE:688008
|
CN |
|
Beijing GeoEnviron Engineering & Technology Inc
SSE:603588
|
CN |
Income Statement
Earnings Waterfall
TSF Investments Ltd
Income Statement
TSF Investments Ltd
| 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 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||
| Revenue |
998
N/A
|
922
-8%
|
953
+3%
|
907
-5%
|
927
+2%
|
934
+1%
|
822
-12%
|
765
-7%
|
586
-23%
|
627
+7%
|
645
+3%
|
658
+2%
|
840
+28%
|
841
+0%
|
865
+3%
|
921
+6%
|
911
-1%
|
958
+5%
|
1 034
+8%
|
1 086
+5%
|
2 912
+168%
|
3 101
+6%
|
3 156
+2%
|
3 229
+2%
|
1 546
-52%
|
2 906
+88%
|
5 108
+76%
|
7 367
+44%
|
|
| Gross Profit | |||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
(3)
|
(4)
|
(3)
|
0
|
(3)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(7)
|
(37)
|
(45)
|
(46)
|
(41)
|
0
|
(7)
|
(9)
|
(11)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(797)
|
(2 121)
|
(3 455)
|
|
| Gross Profit |
0
N/A
|
919
N/A
|
949
+3%
|
905
-5%
|
0
N/A
|
931
N/A
|
820
-12%
|
764
-7%
|
585
-23%
|
625
+7%
|
643
+3%
|
651
+1%
|
803
+23%
|
796
-1%
|
819
+3%
|
880
+7%
|
911
+4%
|
951
+4%
|
1 025
+8%
|
1 075
+5%
|
2 901
+170%
|
3 090
+6%
|
3 145
+2%
|
3 217
+2%
|
1 535
-52%
|
2 109
+37%
|
2 987
+42%
|
3 911
+31%
|
|
| Operating Income | |||||||||||||||||||||||||||||
| Operating Expenses |
(586)
|
(620)
|
(627)
|
(640)
|
(616)
|
(607)
|
(576)
|
(530)
|
(480)
|
(465)
|
(442)
|
(465)
|
(547)
|
(632)
|
(647)
|
(526)
|
(435)
|
(486)
|
(485)
|
(511)
|
(481)
|
(458)
|
(434)
|
(403)
|
(378)
|
(933)
|
(1 615)
|
(2 390)
|
|
| Selling, General & Administrative |
(572)
|
(606)
|
(611)
|
(620)
|
(595)
|
(596)
|
(567)
|
(523)
|
(455)
|
(450)
|
(427)
|
(443)
|
(445)
|
(538)
|
(554)
|
(525)
|
(408)
|
(465)
|
(460)
|
(483)
|
(447)
|
(429)
|
(405)
|
(373)
|
(348)
|
(879)
|
(1 525)
|
(2 266)
|
|
| Depreciation & Amortization |
(10)
|
(13)
|
(16)
|
(19)
|
(13)
|
(15)
|
(13)
|
(11)
|
(14)
|
(15)
|
(15)
|
(21)
|
(44)
|
(43)
|
(43)
|
(37)
|
(16)
|
(21)
|
(25)
|
(28)
|
(29)
|
(29)
|
(29)
|
(30)
|
(30)
|
(54)
|
(89)
|
(125)
|
|
| Other Operating Expenses |
(4)
|
0
|
0
|
0
|
(8)
|
4
|
4
|
4
|
(11)
|
0
|
0
|
0
|
(58)
|
(51)
|
(51)
|
35
|
(11)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
| Operating Income |
413
N/A
|
300
-27%
|
322
+7%
|
265
-18%
|
311
+18%
|
324
+4%
|
245
-25%
|
234
-4%
|
105
-55%
|
160
+53%
|
201
+25%
|
187
-7%
|
256
+37%
|
164
-36%
|
172
+5%
|
353
+105%
|
476
+35%
|
466
-2%
|
540
+16%
|
564
+4%
|
2 419
+329%
|
2 631
+9%
|
2 710
+3%
|
2 814
+4%
|
1 157
-59%
|
1 176
+2%
|
1 372
+17%
|
1 521
+11%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||
| Interest Income Expense |
4
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
26
|
0
|
0
|
(86)
|
(52)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
26
|
0
|
0
|
0
|
10
|
0
|
(0)
|
(0)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(84)
|
0
|
0
|
0
|
71
|
(14)
|
(14)
|
(14)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
4
|
38
|
54
|
63
|
19
|
67
|
74
|
55
|
11
|
30
|
12
|
28
|
15
|
53
|
59
|
39
|
8
|
35
|
46
|
64
|
1
|
61
|
60
|
40
|
5
|
62
|
89
|
110
|
|
| Pre-Tax Income |
420
N/A
|
337
-20%
|
376
+11%
|
328
-13%
|
348
+6%
|
391
+12%
|
319
-18%
|
289
-9%
|
142
-51%
|
191
+34%
|
128
-33%
|
129
+1%
|
219
+70%
|
217
-1%
|
302
+39%
|
379
+25%
|
467
+23%
|
487
+4%
|
587
+21%
|
628
+7%
|
2 446
+290%
|
2 692
+10%
|
2 770
+3%
|
2 853
+3%
|
1 171
-59%
|
1 237
+6%
|
1 461
+18%
|
1 630
+12%
|
|
| Net Income | |||||||||||||||||||||||||||||
| Tax Provision |
(118)
|
(92)
|
(83)
|
(69)
|
(55)
|
(58)
|
(50)
|
(40)
|
(46)
|
(61)
|
(66)
|
(82)
|
(46)
|
(61)
|
(87)
|
(99)
|
(152)
|
(251)
|
(264)
|
(264)
|
(525)
|
(491)
|
(516)
|
(537)
|
(400)
|
(499)
|
(582)
|
(674)
|
|
| Income from Continuing Operations |
302
|
246
|
293
|
260
|
293
|
333
|
269
|
249
|
97
|
130
|
62
|
47
|
173
|
156
|
215
|
280
|
315
|
235
|
323
|
365
|
1 921
|
2 200
|
2 255
|
2 316
|
772
|
738
|
879
|
956
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
25
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(12)
|
(36)
|
(53)
|
|
| Equity Earnings Affiliates |
1 072
|
903
|
758
|
669
|
488
|
240
|
284
|
399
|
642
|
1 024
|
1 092
|
1 167
|
1 434
|
1 546
|
1 627
|
1 872
|
2 060
|
2 436
|
2 923
|
3 260
|
3 410
|
3 528
|
3 455
|
3 427
|
3 349
|
3 863
|
3 862
|
3 775
|
|
| Net Income (Common) |
1 375
N/A
|
1 149
-16%
|
1 051
-8%
|
929
-12%
|
781
-16%
|
573
-27%
|
553
-4%
|
649
+17%
|
739
+14%
|
1 153
+56%
|
1 153
0%
|
1 216
+5%
|
1 632
+34%
|
1 727
+6%
|
1 867
+8%
|
2 174
+16%
|
2 376
+9%
|
2 671
+12%
|
3 246
+22%
|
3 624
+12%
|
5 331
+47%
|
5 728
+7%
|
5 710
0%
|
5 743
+1%
|
4 121
-28%
|
4 589
+11%
|
4 705
+3%
|
4 678
-1%
|
|
| EPS (Diluted) |
8.09
N/A
|
6.76
-16%
|
6.18
-9%
|
5.46
-12%
|
4.6
-16%
|
3.35
-27%
|
3.26
-3%
|
3.82
+17%
|
4.35
+14%
|
5.55
+28%
|
5.56
+0%
|
5.77
+4%
|
7.83
+36%
|
7.76
-1%
|
8.98
+16%
|
9.79
+9%
|
10.7
+9%
|
12.01
+12%
|
14.6
+22%
|
16.3
+12%
|
24
+47%
|
25.8
+8%
|
25.7
0%
|
25.85
+1%
|
18.55
-28%
|
20.66
+11%
|
21.16
+2%
|
21.06
0%
|
|