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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	64,846	64,922	60,099	47,505	39,942	39,615
Other Revenue	474.08	474.08	415.71	435.16	470.79	583.25
Revenue	65,320	65,396	60,514	47,941	40,412	40,199
Revenue Growth (YoY)	-0.53%	8.07%	26.23%	18.63%	0.53%	14.65%
Cost of Revenue	56,762	57,012	53,901	42,398	34,493	33,732
Gross Profit	8,558	8,384	6,613	5,543	5,919	6,466
Selling, General & Admin	2,649	2,676	2,383	2,160	1,667	1,850
Research & Development	2,714	2,761	2,490	1,973	1,454	1,455
Other Operating Expenses	71.36	9.14	-118.65	-45.28	194.3	237.36
Operating Expenses	5,476	5,490	4,769	4,127	3,339	3,564
Operating Income	3,082	2,894	1,844	1,416	2,580	2,903
Interest Expense	-868.1	-900.74	-1,099	-1,083	-890.09	-630.74
Interest & Investment Income	47.49	50.28	127.55	61.52	122.61	33.83
Currency Exchange Gain (Loss)	-8.81	-8.81	-69.79	1.87	-130.2	-86.52
Other Non Operating Income (Expenses)	-244.01	-142.25	-99.61	-89.17	168.88	-102.38
EBT Excluding Unusual Items	2,008	1,893	703.21	306.42	1,851	2,117
Impairment of Goodwill	-3.01	-3.01	-200.83	-4.07	-57.25	-5.81
Gain (Loss) on Sale of Investments	-32.26	-32.91	4.54	-3.19	0.7	-302.26
Gain (Loss) on Sale of Assets	-0.15	0.46	-2.96	-1.47	157.08	-121.64
Asset Writedown	-708.72	-681.78	-214.62	-294.14	-232.54	-70.43
Other Unusual Items	165.91	165.91	174.23	160.5	308.5	285.36
Pretax Income	1,430	1,341	463.57	164.04	2,028	1,902
Income Tax Expense	559.68	530.14	224.86	95.3	27.48	245.38
Earnings From Continuing Operations	870.55	811.09	238.71	68.74	2,000	1,657
Minority Interest in Earnings	337.83	338.78	585.92	247.98	-8.51	4.83
Net Income	1,208	1,150	824.62	316.73	1,992	1,661
Net Income to Common	1,208	1,150	824.62	316.73	1,992	1,661
Net Income Growth	24.87%	39.44%	160.36%	-84.10%	19.89%	-63.78%
Shares Outstanding (Basic)	2,563	2,579	2,643	2,662	2,595	2,574
Shares Outstanding (Diluted)	2,563	2,579	2,643	2,662	2,595	2,574
Shares Change (YoY)	-2.76%	-2.43%	-0.70%	2.58%	0.82%	-0.00%
EPS (Basic)	0.47	0.45	0.31	0.12	0.77	0.65
EPS (Diluted)	0.47	0.45	0.31	0.12	0.77	0.65
EPS Growth	28.42%	42.92%	162.19%	-84.50%	18.91%	-63.78%
Free Cash Flow	4,811	3,576	461.57	-1,917	-3,650	-4,084
Free Cash Flow Per Share	1.88	1.39	0.17	-0.72	-1.41	-1.59
Dividend Per Share	0.200	0.200	0.100	0.100	0.230	0.200
Dividend Growth	100.00%	100.00%	-	-56.52%	15.00%	-66.67%
Gross Margin	13.10%	12.82%	10.93%	11.56%	14.65%	16.09%
Operating Margin	4.72%	4.42%	3.05%	2.95%	6.39%	7.22%
Profit Margin	1.85%	1.76%	1.36%	0.66%	4.93%	4.13%
Free Cash Flow Margin	7.36%	5.47%	0.76%	-4.00%	-9.03%	-10.16%
EBITDA	5,698	5,397	3,893	3,262	4,024	4,230
EBITDA Margin	8.72%	8.25%	6.43%	6.80%	9.96%	10.52%
D&A For EBITDA	2,616	2,503	2,049	1,847	1,444	1,327
EBIT	3,082	2,894	1,844	1,416	2,580	2,903
EBIT Margin	4.72%	4.42%	3.05%	2.95%	6.39%	7.22%
Effective Tax Rate	39.13%	39.53%	48.51%	58.09%	1.35%	12.90%
Revenue as Reported	65,320	65,396	60,514	47,941	40,412	40,199

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