Kingsoft Corporation Limited (HKG:3888)

Kingsoft Corporation Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	10,318	8,534	7,637	6,371	5,594
Revenue Growth (YoY)	20.91%	11.74%	19.86%	13.89%	27.98%
Cost of Revenue	1,737	1,503	1,460	1,157	917.28
Gross Profit	8,580	7,030	6,177	5,214	4,677
Selling, General & Admin	1,980	2,132	1,861	1,635	1,292
Research & Development	3,045	2,684	2,553	2,328	1,656
Other Operating Expenses	-367.61	48.65	28.45	62.78	4.89
Operating Expenses	4,934	5,178	4,703	4,245	3,133
Operating Income	3,647	1,852	1,474	969.38	1,544
Interest Expense	-178.66	-168.89	-157.44	-142.79	-107.51
Interest & Investment Income	720.58	629.2	449.01	416.25	438
Earnings From Equity Investments	-903.52	-1,166	-1,382	-1,333	-271
Currency Exchange Gain (Loss)	-43.34	-67.2	-54.6	32.52	40.38
Other Non Operating Income (Expenses)	56.46	484.34	465.21	508.32	233.33
EBT Excluding Unusual Items	3,298	1,564	793.96	450.36	1,878
Gain (Loss) on Sale of Investments	-166.89	-74.71	-6,539	692.77	188.13
Gain (Loss) on Sale of Assets	-	-	23.57	-	-
Other Unusual Items	-	-	-	-	3.69
Pretax Income	3,131	1,489	-5,721	1,143	2,069
Income Tax Expense	334.16	273.66	-379.46	190.29	270.92
Earnings From Continuing Operations	2,797	1,215	-5,342	952.84	1,798
Earnings From Discontinued Operations	-	-	-	-	8,447
Net Income to Company	2,797	1,215	-5,342	952.84	10,245
Minority Interest in Earnings	-1,245	-731.73	-707.52	-557.51	-199.9
Net Income	1,552	483.46	-6,049	395.33	10,045
Net Income to Common	1,552	483.46	-6,049	395.33	10,045
Net Income Growth	220.94%	-	-	-96.06%	-
Shares Outstanding (Basic)	1,333	1,359	1,364	1,368	1,367
Shares Outstanding (Diluted)	1,335	1,362	1,364	1,374	1,371
Shares Change (YoY)	-1.98%	-0.14%	-0.75%	0.26%	0.38%
EPS (Basic)	1.16	0.36	-4.43	0.29	7.35
EPS (Diluted)	1.11	0.34	-4.46	0.28	7.32
EPS Growth	231.49%	-	-	-96.20%	-
Free Cash Flow	4,161	3,031	2,091	1,931	2,503
Free Cash Flow Per Share	3.12	2.23	1.53	1.41	1.83
Dividend Per Share	0.141	0.127	0.115	0.098	0.168
Dividend Growth	10.92%	10.51%	17.63%	-41.95%	88.39%
Gross Margin	83.16%	82.38%	80.88%	81.84%	83.60%
Operating Margin	35.34%	21.71%	19.30%	15.21%	27.61%
Profit Margin	15.04%	5.67%	-79.22%	6.21%	179.56%
Free Cash Flow Margin	40.33%	35.52%	27.39%	30.31%	44.74%
EBITDA	3,828	2,020	1,649	1,104	1,950
EBITDA Margin	37.10%	23.67%	21.59%	17.33%	34.86%
D&A For EBITDA	180.91	167.32	175.01	134.59	405.87
EBIT	3,647	1,852	1,474	969.38	1,544
EBIT Margin	35.34%	21.71%	19.30%	15.21%	27.61%
Effective Tax Rate	10.67%	18.38%	-	16.65%	13.09%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.