Kingclean Electric Co.,Ltd (SHA:603355)

SHA:603355 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	9,543	8,605	9,710	7,849	6,208
Other Revenue	221.82	187.25	227.04	96.81	72.48
Revenue	9,765	8,792	9,937	7,946	6,281
Revenue Growth (YoY)	11.06%	-11.52%	25.06%	26.51%	10.13%
Cost of Revenue	7,486	6,639	7,821	6,296	4,731
Gross Profit	2,279	2,153	2,116	1,649	1,550
Selling, General & Admin	673.57	752.55	746.83	645.69	537.14
Research & Development	536.15	467.89	522.97	435.77	310.28
Other Operating Expenses	49.67	58.93	29.6	35.5	31.19
Operating Expenses	1,272	1,283	1,323	1,119	876.76
Operating Income	1,008	869.46	792.91	530.81	673.46
Interest Expense	-146.97	-113.09	-83.87	-32.93	-24.04
Interest & Investment Income	301.41	290.68	107.79	30.63	38.92
Currency Exchange Gain (Loss)	155.72	89.15	306.42	-73.99	-156.57
Other Non Operating Income (Expenses)	-4.1	2.43	-5.2	-1.69	-1.26
EBT Excluding Unusual Items	1,314	1,139	1,118	452.83	530.51
Gain (Loss) on Sale of Investments	63.6	4.06	0.74	8.83	45.63
Gain (Loss) on Sale of Assets	-0.66	-0.72	-0.81	-0.74	-2.28
Asset Writedown	-0.65	-0.36	-8.16	-	-
Legal Settlements	-1.19	85.64	-	-	-
Other Unusual Items	12.44	29.25	19.33	66.44	-223.5
Pretax Income	1,387	1,256	1,129	527.37	350.36
Income Tax Expense	155.02	137.53	96.27	24.45	24.21
Earnings From Continuing Operations	1,232	1,119	1,033	502.92	326.15
Minority Interest in Earnings	-1.9	-2.07	-2.7	-0.33	1.83
Net Income	1,230	1,117	1,030	502.59	327.98
Net Income to Common	1,230	1,117	1,030	502.59	327.98
Net Income Growth	10.17%	8.42%	104.97%	53.24%	-34.70%
Shares Outstanding (Basic)	575	573	576	578	567
Shares Outstanding (Diluted)	575	573	576	578	567
Shares Change (YoY)	0.39%	-0.48%	-0.38%	1.91%	0.77%
EPS (Basic)	2.14	1.95	1.79	0.87	0.58
EPS (Diluted)	2.14	1.95	1.79	0.87	0.58
EPS Growth	9.74%	8.94%	105.75%	50.36%	-35.20%
Free Cash Flow	1,107	467	443.77	124.13	877.37
Free Cash Flow Per Share	1.93	0.81	0.77	0.21	1.55
Dividend Per Share	1.500	-	1.000	1.000	1.429
Dividend Growth	-	-	-	-30.00%	669.31%
Gross Margin	23.34%	24.49%	21.30%	20.76%	24.68%
Operating Margin	10.32%	9.89%	7.98%	6.68%	10.72%
Profit Margin	12.60%	12.70%	10.37%	6.33%	5.22%
Free Cash Flow Margin	11.34%	5.31%	4.47%	1.56%	13.97%
EBITDA	1,289	1,149	1,089	664.14	791.31
EBITDA Margin	13.20%	13.07%	10.96%	8.36%	12.60%
D&A For EBITDA	281.22	279.32	296.49	133.32	117.86
EBIT	1,008	869.46	792.91	530.81	673.46
EBIT Margin	10.32%	9.89%	7.98%	6.68%	10.72%
Effective Tax Rate	11.17%	10.95%	8.53%	4.64%	6.91%
Revenue as Reported	9,765	8,792	9,937	7,946	6,281
Advertising Expenses	77.84	109.85	60.46	61.49	64.34

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