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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,365	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	1,366	1,130	913.29	1,106	1,411	1,104
Revenue Growth (YoY)	28.73%	23.72%	-17.43%	-21.62%	27.88%	96.93%
Cost of Revenue	777.63	688.63	580.05	671.98	676.31	557.01
Gross Profit	588.59	441.32	333.24	434.09	734.87	546.52
Selling, General & Admin	117.31	98.81	80.18	74.15	64.77	31.73
Research & Development	154.07	159.51	135.78	193.06	179.97	137.26
Other Operating Expenses	19.72	4.07	9.67	11.47	9.93	13.39
Operating Expenses	292.47	262.83	230.17	278.37	253.71	182.87
Operating Income	296.13	178.5	103.07	155.72	481.15	363.65
Interest Expense	-4.01	-5.58	-10.25	-2.04	-0.98	-
Interest & Investment Income	45.49	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)	-2.23	0.44	-0.05	-0.04	-0.1	-0.12
EBT Excluding Unusual Items	341.83	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	4.13	-11.58	-29.13	-1.56	-	-9.71
Gain (Loss) on Sale of Assets	-9.17	-9.59	-0	-16.08	-	17.57
Other Unusual Items	35.96	35.96	39.86	41.92	67.58	41.45
Pretax Income	368.51	278.56	160.82	241.56	638.81	432.77
Income Tax Expense	30.67	25.61	4.85	7.97	60.09	51.16
Earnings From Continuing Operations	337.84	252.95	155.97	233.59	578.72	381.62
Minority Interest in Earnings	4.21	-0.19	-5.87	-5.14	-2.68	-
Net Income	342.05	252.76	150.1	228.44	576.05	381.62
Net Income to Common	342.05	252.76	150.1	228.44	576.05	381.62
Net Income Growth	52.78%	68.40%	-34.30%	-60.34%	50.95%	252.35%
Shares Outstanding (Basic)	643	648	653	653	655	616
Shares Outstanding (Diluted)	643	648	653	653	655	616
Shares Change (YoY)	-2.37%	-0.69%	-0.02%	-0.29%	6.32%	-2.28%
EPS (Basic)	0.53	0.39	0.23	0.35	0.88	0.62
EPS (Diluted)	0.53	0.39	0.23	0.35	0.88	0.62
EPS Growth	56.48%	69.56%	-34.29%	-60.23%	41.98%	260.56%
Free Cash Flow	-95.92	215.52	94.86	266.77	247.9	359.76
Free Cash Flow Per Share	-0.15	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	43.08%	39.06%	36.49%	39.25%	52.08%	49.52%
Operating Margin	21.68%	15.80%	11.29%	14.08%	34.10%	32.95%
Profit Margin	25.04%	22.37%	16.43%	20.65%	40.82%	34.58%
Free Cash Flow Margin	-7.02%	19.07%	10.39%	24.12%	17.57%	32.60%
EBITDA	440.87	334.59	274.3	315.26	623.47	489.74
EBITDA Margin	32.27%	29.61%	30.03%	28.50%	44.18%	44.38%
D&A For EBITDA	144.74	156.09	171.23	159.54	142.32	126.09
EBIT	296.13	178.5	103.07	155.72	481.15	363.65
EBIT Margin	21.68%	15.80%	11.29%	14.08%	34.10%	32.95%
Effective Tax Rate	8.32%	9.20%	3.02%	3.30%	9.41%	11.82%
Revenue as Reported	1,366	1,130	913.29	1,106	1,411	1,104
Advertising Expenses	-	0.73	0.69	0.29	0.4	0.08

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