China Wafer Level CSP Co., Ltd. (SHA:603005)

China Wafer Level CSP 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
Operating Revenue	1,179	1,129	912.51	1,104	1,402	1,085
Other Revenue	1.08	1.08	0.78	2.15	9.6	18.46
Revenue	1,180	1,130	913.29	1,106	1,411	1,104
Revenue Growth (YoY)	26.75%	23.72%	-17.43%	-21.62%	27.88%	96.93%
Cost of Revenue	717.56	688.63	580.05	671.98	676.31	557.01
Gross Profit	462.35	441.32	333.24	434.09	734.87	546.52
Selling, General & Admin	97.91	98.81	80.18	74.15	64.77	31.73
Research & Development	162.89	159.51	135.78	193.06	179.97	137.26
Other Operating Expenses	9.55	4.07	9.67	11.47	9.93	13.39
Operating Expenses	271.43	262.83	230.17	278.37	253.71	182.87
Operating Income	190.92	178.5	103.07	155.72	481.15	363.65
Interest Expense	-5.58	-5.58	-10.25	-2.04	-0.98	-
Interest & Investment Income	81.33	84.44	54.13	51.34	97.82	30.23
Currency Exchange Gain (Loss)	6.45	6.45	3.69	12.81	-6.34	-10.3
Other Non Operating Income (Expenses)	1.51	0.44	-0.05	-0.04	-0.1	-0.12
EBT Excluding Unusual Items	274.64	264.25	150.58	217.78	571.54	383.46
Impairment of Goodwill	-0.49	-0.49	-0.49	-0.51	-0.31	-
Gain (Loss) on Sale of Investments	-4.01	-11.58	-29.13	-1.56	-	-9.71
Gain (Loss) on Sale of Assets	-9.59	-9.59	-0	-16.08	-	17.57
Other Unusual Items	35.96	35.96	39.86	41.92	67.58	41.45
Pretax Income	296.41	278.56	160.82	241.56	638.81	432.77
Income Tax Expense	28.16	25.61	4.85	7.97	60.09	51.16
Earnings From Continuing Operations	268.26	252.95	155.97	233.59	578.72	381.62
Minority Interest in Earnings	0.62	-0.19	-5.87	-5.14	-2.68	-
Net Income	268.87	252.76	150.1	228.44	576.05	381.62
Net Income to Common	268.87	252.76	150.1	228.44	576.05	381.62
Net Income Growth	57.45%	68.40%	-34.30%	-60.34%	50.95%	252.35%
Shares Outstanding (Basic)	658	648	653	653	655	616
Shares Outstanding (Diluted)	658	648	653	653	655	616
Shares Change (YoY)	4.73%	-0.69%	-0.02%	-0.29%	6.32%	-2.28%
EPS (Basic)	0.41	0.39	0.23	0.35	0.88	0.62
EPS (Diluted)	0.41	0.39	0.23	0.35	0.88	0.62
EPS Growth	50.34%	69.56%	-34.29%	-60.23%	41.98%	260.56%
Free Cash Flow	190.3	215.52	94.86	266.77	247.9	359.76
Free Cash Flow Per Share	0.29	0.33	0.14	0.41	0.38	0.58
Dividend Per Share	0.084	0.084	0.046	0.070	0.177	0.122
Dividend Growth	82.61%	82.61%	-34.29%	-60.43%	44.53%	229.03%
Gross Margin	39.18%	39.06%	36.49%	39.25%	52.08%	49.52%
Operating Margin	16.18%	15.80%	11.29%	14.08%	34.10%	32.95%
Profit Margin	22.79%	22.37%	16.43%	20.65%	40.82%	34.58%
Free Cash Flow Margin	16.13%	19.07%	10.39%	24.12%	17.57%	32.60%
EBITDA	343.23	334.59	274.3	315.26	623.47	489.74
EBITDA Margin	29.09%	29.61%	30.03%	28.50%	44.18%	44.38%
D&A For EBITDA	152.31	156.09	171.23	159.54	142.32	126.09
EBIT	190.92	178.5	103.07	155.72	481.15	363.65
EBIT Margin	16.18%	15.80%	11.29%	14.08%	34.10%	32.95%
Effective Tax Rate	9.50%	9.20%	3.02%	3.30%	9.41%	11.82%
Revenue as Reported	1,180	1,130	913.29	1,106	1,411	1,104
Advertising Expenses	-	0.73	0.69	0.29	0.4	0.08

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.