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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,261	1,129	912.51	1,104	1,402	1,085
Other Revenue	0.62	1.08	0.78	2.15	9.6	18.46
Revenue	1,262	1,130	913.29	1,106	1,411	1,104
Revenue Growth (YoY)	30.55%	23.72%	-17.43%	-21.62%	27.88%	96.93%
Cost of Revenue	738.79	688.63	580.05	671.98	676.31	557.01
Gross Profit	523.24	441.32	333.24	434.09	734.87	546.52
Selling, General & Admin	110.01	98.81	80.18	74.15	64.77	31.73
Research & Development	155.78	159.51	135.78	193.06	179.97	137.26
Other Operating Expenses	5.06	4.07	9.67	11.47	9.93	13.39
Operating Expenses	271.72	262.83	230.17	278.37	253.71	182.87
Operating Income	251.53	178.5	103.07	155.72	481.15	363.65
Interest Expense	-2.84	-5.58	-10.25	-2.04	-0.98	-
Interest & Investment Income	78.64	84.44	54.13	51.34	97.82	30.23
Currency Exchange Gain (Loss)	5.12	6.45	3.69	12.81	-6.34	-10.3
Other Non Operating Income (Expenses)	-2.13	0.44	-0.05	-0.04	-0.1	-0.12
EBT Excluding Unusual Items	342.06	264.25	150.58	217.78	571.54	383.46
Impairment of Goodwill	-0.24	-0.49	-0.49	-0.51	-0.31	-
Gain (Loss) on Sale of Investments	-12.72	-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	24.54	35.96	39.86	41.92	67.58	41.45
Pretax Income	336.01	278.56	160.82	241.56	638.81	432.77
Income Tax Expense	34.4	25.61	4.85	7.97	60.09	51.16
Earnings From Continuing Operations	301.62	252.95	155.97	233.59	578.72	381.62
Minority Interest in Earnings	5.94	-0.19	-5.87	-5.14	-2.68	-
Net Income	307.55	252.76	150.1	228.44	576.05	381.62
Net Income to Common	307.55	252.76	150.1	228.44	576.05	381.62
Net Income Growth	67.55%	68.40%	-34.30%	-60.34%	50.95%	252.35%
Shares Outstanding (Basic)	654	648	653	653	655	616
Shares Outstanding (Diluted)	654	648	653	653	655	616
Shares Change (YoY)	-0.46%	-0.69%	-0.02%	-0.29%	6.32%	-2.28%
EPS (Basic)	0.47	0.39	0.23	0.35	0.88	0.62
EPS (Diluted)	0.47	0.39	0.23	0.35	0.88	0.62
EPS Growth	68.33%	69.56%	-34.29%	-60.23%	41.98%	260.56%
Free Cash Flow	-68.32	215.52	94.86	266.77	247.9	359.76
Free Cash Flow Per Share	-0.10	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	41.46%	39.06%	36.49%	39.25%	52.08%	49.52%
Operating Margin	19.93%	15.80%	11.29%	14.08%	34.10%	32.95%
Profit Margin	24.37%	22.37%	16.43%	20.65%	40.82%	34.58%
Free Cash Flow Margin	-5.41%	19.07%	10.39%	24.12%	17.57%	32.60%
EBITDA	404.89	334.59	274.3	315.26	623.47	489.74
EBITDA Margin	32.08%	29.61%	30.03%	28.50%	44.18%	44.38%
D&A For EBITDA	153.36	156.09	171.23	159.54	142.32	126.09
EBIT	251.53	178.5	103.07	155.72	481.15	363.65
EBIT Margin	19.93%	15.80%	11.29%	14.08%	34.10%	32.95%
Effective Tax Rate	10.24%	9.20%	3.02%	3.30%	9.41%	11.82%
Revenue as Reported	1,262	1,130	913.29	1,106	1,411	1,104
Advertising Expenses	-	0.73	0.69	0.29	0.4	0.08

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.