Kente Catalysts 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	618.58	615.93	664.92	804.56	634.03	484.04
Other Revenue	0.83	0.83	1.15	3.12	1.82	1.7
Revenue	619.41	616.77	666.07	807.68	635.84	485.74
Revenue Growth (YoY)	-7.00%	-7.40%	-17.53%	27.02%	30.90%	3.50%
Cost of Revenue	440.33	440.3	491.51	594.85	459.82	342.13
Gross Profit	179.08	176.47	174.57	212.83	176.02	143.62
Selling, General & Admin	58.42	50.73	53.07	62.67	52.17	42.24
Research & Development	19.84	18.94	17.1	19.54	16.43	12.75
Other Operating Expenses	-6.72	-3.2	3.28	4.48	3.44	2.95
Operating Expenses	72.62	68.35	75.51	87.43	73.27	58.53
Operating Income	106.46	108.12	99.05	125.4	102.75	85.08
Interest Expense	-0.03	-0.01	-0.89	-3.54	-2.9	-0.9
Interest & Investment Income	2.58	2.31	1.8	1.09	2.01	1.18
Currency Exchange Gain (Loss)	-	-	0.14	1.21	-0.1	-0.12
Other Non Operating Income (Expenses)	0.18	0.11	-0.23	-0.16	-0.03	0.47
EBT Excluding Unusual Items	109.19	110.53	99.88	124	101.74	85.71
Gain (Loss) on Sale of Assets	-0	5.27	-0	0.44	0.08	-0.34
Asset Writedown	-0.39	-0.71	-	-	-	-
Other Unusual Items	0.05	0.05	5.11	8.04	4.05	4.94
Pretax Income	108.98	115.13	104.99	132.48	105.87	90.31
Income Tax Expense	19.96	21.62	19.78	22.89	19.54	18.06
Net Income	89.03	93.51	85.21	109.59	86.34	72.25
Net Income to Common	89.03	93.51	85.21	109.59	86.34	72.25
Net Income Growth	4.48%	9.75%	-22.25%	26.92%	19.50%	15.14%
Shares Outstanding (Basic)	77	68	68	68	68	57
Shares Outstanding (Diluted)	77	68	68	68	68	57
Shares Change (YoY)	13.76%	0.20%	-0.03%	-0.50%	18.55%	9.66%
EPS (Basic)	1.16	1.38	1.26	1.62	1.27	1.26
EPS (Diluted)	1.16	1.38	1.26	1.62	1.27	1.26
EPS Growth	-8.15%	9.52%	-22.22%	27.56%	0.79%	5.00%
Free Cash Flow	81.98	78.84	104.52	50.35	-151.68	-62.06
Free Cash Flow Per Share	1.07	1.16	1.55	0.74	-2.23	-1.08
Gross Margin	28.91%	28.61%	26.21%	26.35%	27.68%	29.57%
Operating Margin	17.19%	17.53%	14.87%	15.53%	16.16%	17.52%
Profit Margin	14.37%	15.16%	12.79%	13.57%	13.58%	14.88%
Free Cash Flow Margin	13.24%	12.78%	15.69%	6.23%	-23.86%	-12.78%
EBITDA	-	152.44	143.37	167.57	129.91	100.89
EBITDA Margin	-	24.71%	21.52%	20.75%	20.43%	20.77%
D&A For EBITDA	-	44.31	44.31	42.17	27.15	15.81
EBIT	106.46	108.12	99.05	125.4	102.75	85.08
EBIT Margin	17.19%	17.53%	14.87%	15.53%	16.16%	17.52%
Effective Tax Rate	18.31%	18.78%	18.84%	17.28%	18.45%	20.00%
Revenue as Reported	619.41	616.77	666.07	807.68	635.84	485.74

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