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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	10,519	10,318	8,534	7,637	6,371	5,594
Revenue Growth (YoY)	20.91%	20.91%	11.74%	19.86%	13.89%	27.98%
Cost of Revenue	1,761	1,737	1,503	1,460	1,157	917.28
Gross Profit	8,758	8,580	7,030	6,177	5,214	4,677
Selling, General & Admin	2,059	1,980	2,132	1,861	1,635	1,292
Research & Development	3,160	3,045	2,684	2,553	2,328	1,656
Other Operating Expenses	18.82	12.23	48.65	28.45	62.78	4.89
Operating Expenses	5,492	5,314	5,178	4,703	4,245	3,133
Operating Income	3,267	3,267	1,852	1,474	969.38	1,544
Interest Expense	-179.95	-178.66	-168.89	-157.44	-142.79	-107.51
Interest & Investment Income	719.67	720.58	629.2	449.01	416.25	438
Earnings From Equity Investments	-890.24	-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)	418.31	436.3	478.62	465.21	508.32	233.33
EBT Excluding Unusual Items	3,291	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	3,124	3,131	1,489	-5,721	1,143	2,069
Income Tax Expense	340.16	334.16	273.66	-379.46	190.29	270.92
Earnings From Continuing Operations	2,784	2,797	1,215	-5,342	952.84	1,798
Earnings From Discontinued Operations	-	-	-	-	-	8,447
Net Income to Company	2,784	2,797	1,215	-5,342	952.84	10,245
Minority Interest in Earnings	-1,233	-1,245	-731.73	-707.52	-557.51	-199.9
Net Income	1,551	1,552	483.46	-6,049	395.33	10,045
Net Income to Common	1,551	1,552	483.46	-6,049	395.33	10,045
Net Income Growth	169.40%	220.94%	-	-	-96.06%	-
Shares Outstanding (Basic)	1,332	1,333	1,359	1,364	1,368	1,367
Shares Outstanding (Diluted)	1,334	1,335	1,362	1,364	1,374	1,371
Shares Change (YoY)	-1.70%	-1.98%	-0.14%	-0.75%	0.26%	0.38%
EPS (Basic)	1.16	1.16	0.36	-4.43	0.29	7.35
EPS (Diluted)	1.11	1.11	0.34	-4.46	0.28	7.32
EPS Growth	174.98%	231.49%	-	-	-96.20%	-
Free Cash Flow	3,740	4,177	3,031	2,091	1,931	2,503
Free Cash Flow Per Share	2.80	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	83.26%	83.16%	82.38%	80.88%	81.84%	83.60%
Operating Margin	31.05%	31.66%	21.71%	19.30%	15.21%	27.61%
Profit Margin	14.74%	15.04%	5.67%	-79.22%	6.21%	179.56%
Free Cash Flow Margin	35.55%	40.49%	35.52%	27.39%	30.31%	44.74%
EBITDA	3,427	3,428	2,020	1,649	1,104	1,950
EBITDA Margin	32.58%	33.23%	23.67%	21.59%	17.33%	34.86%
D&A For EBITDA	160.14	161.58	167.32	175.01	134.59	405.87
EBIT	3,267	3,267	1,852	1,474	969.38	1,544
EBIT Margin	31.05%	31.66%	21.71%	19.30%	15.21%	27.61%
Effective Tax Rate	10.89%	10.67%	18.38%	-	16.65%	13.09%

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