Kingfa Sci. & Tech. Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	69,250	60,099	47,505	39,942	39,615	34,637
Other Revenue	415.71	415.71	435.16	470.79	583.25	424.15
Revenue	69,665	60,514	47,941	40,412	40,199	35,061
Revenue Growth (YoY)	28.74%	26.23%	18.63%	0.53%	14.65%	19.72%
Cost of Revenue	62,052	53,901	42,398	34,493	33,732	26,085
Gross Profit	7,614	6,613	5,543	5,919	6,466	8,976
Selling, General & Admin	2,680	2,383	2,160	1,667	1,850	1,716
Research & Development	2,875	2,490	1,973	1,454	1,455	1,439
Other Operating Expenses	-63.88	-118.65	-45.28	194.3	237.36	210.7
Operating Expenses	5,631	4,769	4,127	3,339	3,564	3,399
Operating Income	1,982	1,844	1,416	2,580	2,903	5,578
Interest Expense	-960.09	-1,099	-1,083	-890.09	-630.74	-540.8
Interest & Investment Income	126.95	127.55	61.52	122.61	33.83	59.21
Currency Exchange Gain (Loss)	-69.79	-69.79	1.87	-130.2	-86.52	-21.11
Other Non Operating Income (Expenses)	-34.04	-106.46	-89.17	168.88	-102.38	-40.4
EBT Excluding Unusual Items	1,045	696.36	306.42	1,851	2,117	5,034
Impairment of Goodwill	-200.83	-200.83	-4.07	-57.25	-5.81	-5.72
Gain (Loss) on Sale of Investments	-13.84	4.54	-3.19	0.7	-302.26	-7.7
Gain (Loss) on Sale of Assets	0.83	-2.96	-1.47	157.08	-121.64	-2.52
Asset Writedown	-178.4	-214.95	-294.14	-232.54	-70.43	-24.41
Other Unusual Items	181.41	181.41	160.5	308.5	285.36	209.52
Pretax Income	834.46	463.57	164.04	2,028	1,902	5,204
Income Tax Expense	280.61	224.86	95.3	27.48	245.38	594.14
Earnings From Continuing Operations	553.85	238.71	68.74	2,000	1,657	4,609
Minority Interest in Earnings	652.33	585.92	247.98	-8.51	4.83	-21.79
Net Income	1,206	824.62	316.73	1,992	1,661	4,588
Net Income to Common	1,206	824.62	316.73	1,992	1,661	4,588
Net Income Growth	134.02%	160.36%	-84.10%	19.89%	-63.78%	268.64%
Shares Outstanding (Basic)	2,576	2,643	2,662	2,595	2,574	2,574
Shares Outstanding (Diluted)	2,576	2,643	2,662	2,595	2,574	2,574
Shares Change (YoY)	-3.48%	-0.70%	2.58%	0.82%	-0.00%	-1.98%
EPS (Basic)	0.47	0.31	0.12	0.77	0.65	1.78
EPS (Diluted)	0.47	0.31	0.12	0.77	0.65	1.78
EPS Growth	142.44%	162.19%	-84.50%	18.91%	-63.78%	276.07%
Free Cash Flow	1,411	461.57	-1,917	-3,650	-4,084	3,387
Free Cash Flow Per Share	0.55	0.17	-0.72	-1.41	-1.59	1.32
Dividend Per Share	0.100	0.100	0.100	0.230	0.200	0.600
Dividend Growth	-	-	-56.52%	15.00%	-66.67%	500.00%
Gross Margin	10.93%	10.93%	11.56%	14.65%	16.09%	25.60%
Operating Margin	2.84%	3.05%	2.95%	6.39%	7.22%	15.91%
Profit Margin	1.73%	1.36%	0.66%	4.93%	4.13%	13.08%
Free Cash Flow Margin	2.02%	0.76%	-4.00%	-9.03%	-10.16%	9.66%
EBITDA	4,152	3,876	3,262	4,024	4,230	6,764
EBITDA Margin	5.96%	6.40%	6.80%	9.96%	10.52%	19.29%
D&A For EBITDA	2,170	2,032	1,847	1,444	1,327	1,186
EBIT	1,982	1,844	1,416	2,580	2,903	5,578
EBIT Margin	2.84%	3.05%	2.95%	6.39%	7.22%	15.91%
Effective Tax Rate	33.63%	48.51%	58.09%	1.35%	12.90%	11.42%
Revenue as Reported	69,665	60,514	47,941	40,412	40,199	35,061

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