Kingsoft Corporation Limited (HKG:3888)

Kingsoft Corporation Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	10,353	10,318	8,534	7,637	6,371	5,594
Revenue Growth (YoY)	15.28%	20.91%	11.74%	19.86%	13.89%	27.98%
Cost of Revenue	1,783	1,737	1,503	1,460	1,157	917.28
Gross Profit	8,570	8,580	7,030	6,177	5,214	4,677
Selling, General & Admin	2,122	1,980	2,132	1,861	1,635	1,292
Research & Development	3,273	3,045	2,684	2,553	2,328	1,656
Other Operating Expenses	77.09	12.23	48.65	28.45	62.78	4.89
Operating Expenses	5,715	5,314	5,178	4,703	4,245	3,133
Operating Income	2,855	3,267	1,852	1,474	969.38	1,544
Interest Expense	-144.67	-178.66	-168.89	-157.44	-142.79	-107.51
Interest & Investment Income	722.61	720.58	629.2	449.01	416.25	438
Earnings From Equity Investments	-893.31	-903.52	-1,166	-1,382	-1,333	-271
Currency Exchange Gain (Loss)	-43.34	-43.34	-67.2	-54.6	32.52	40.38
Other Non Operating Income (Expenses)	873.44	436.3	478.62	465.21	508.32	233.33
EBT Excluding Unusual Items	3,370	3,298	1,558	793.96	450.36	1,878
Gain (Loss) on Sale of Investments	-166.89	-166.89	-74.71	-6,539	692.77	188.13
Gain (Loss) on Sale of Assets	-	-	5.72	23.57	-	-
Other Unusual Items	-	-	-	-	-	3.69
Pretax Income	3,203	3,131	1,489	-5,721	1,143	2,069
Income Tax Expense	396.04	334.16	273.66	-379.46	190.29	270.92
Earnings From Continuing Operations	2,807	2,797	1,215	-5,342	952.84	1,798
Earnings From Discontinued Operations	-	-	-	-	-	8,447
Net Income to Company	2,807	2,797	1,215	-5,342	952.84	10,245
Minority Interest in Earnings	-1,117	-1,245	-731.73	-707.52	-557.51	-199.9
Net Income	1,690	1,552	483.46	-6,049	395.33	10,045
Net Income to Common	1,690	1,552	483.46	-6,049	395.33	10,045
Net Income Growth	85.34%	220.94%	-	-	-96.06%	-
Shares Outstanding (Basic)	1,343	1,333	1,359	1,364	1,368	1,367
Shares Outstanding (Diluted)	1,347	1,335	1,362	1,364	1,374	1,371
Shares Change (YoY)	-0.17%	-1.98%	-0.14%	-0.75%	0.26%	0.38%
EPS (Basic)	1.26	1.16	0.36	-4.43	0.29	7.35
EPS (Diluted)	1.22	1.11	0.34	-4.46	0.28	7.32
EPS Growth	86.66%	231.49%	-	-	-96.20%	-
Free Cash Flow	3,430	4,177	3,031	2,091	1,931	2,503
Free Cash Flow Per Share	2.55	3.13	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	82.78%	83.16%	82.38%	80.88%	81.84%	83.60%
Operating Margin	27.58%	31.66%	21.71%	19.30%	15.21%	27.61%
Profit Margin	16.32%	15.04%	5.67%	-79.22%	6.21%	179.56%
Free Cash Flow Margin	33.13%	40.49%	35.52%	27.39%	30.31%	44.74%
EBITDA	3,023	3,428	2,020	1,649	1,104	1,950
EBITDA Margin	29.20%	33.23%	23.67%	21.59%	17.33%	34.86%
D&A For EBITDA	167.74	161.58	167.32	175.01	134.59	405.87
EBIT	2,855	3,267	1,852	1,474	969.38	1,544
EBIT Margin	27.58%	31.66%	21.71%	19.30%	15.21%	27.61%
Effective Tax Rate	12.36%	10.67%	18.38%	-	16.65%	13.09%

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