KEBODA TECHNOLOGY Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Operating Revenue	5,568	4,489	3,276	2,740	2,870	2,885	Upgrade
Other Revenue	135.72	135.72	107.67	66.79	44.14	37.03	Upgrade
Revenue	5,704	4,625	3,384	2,807	2,914	2,922	Upgrade
Revenue Growth (YoY)	37.21%	36.68%	20.57%	-3.68%	-0.29%	9.22%	Upgrade
Cost of Revenue	4,113	3,304	2,304	1,870	1,873	1,940	Upgrade
Gross Profit	1,591	1,322	1,080	936.4	1,041	982.1	Upgrade
Selling, General & Admin	363.74	310.68	248.76	223	225.96	221.26	Upgrade
Research & Development	451.7	443.68	374.41	304.02	240.48	191.62	Upgrade
Other Operating Expenses	-37.45	10.59	7.08	9.13	12.86	18.33	Upgrade
Operating Expenses	807.69	788.52	652.28	536.61	485.3	440.41	Upgrade
Operating Income	783.72	533.06	428.04	399.79	555.62	541.69	Upgrade
Interest Expense	-19.56	-14.03	-4.4	-2.1	-0.55	-14.37	Upgrade
Interest & Investment Income	93.38	139.13	114.78	54.58	55.99	46.16	Upgrade
Currency Exchange Gain (Loss)	11.28	11.28	23.04	-13.17	12.34	6.35	Upgrade
Other Non Operating Income (Expenses)	-11.31	-1.02	0.79	-0.11	0.28	-1.16	Upgrade
EBT Excluding Unusual Items	857.51	668.42	562.26	439	623.7	578.67	Upgrade
Gain (Loss) on Sale of Investments	5.01	2.2	-3.65	3.58	2.63	3.01	Upgrade
Gain (Loss) on Sale of Assets	0.04	-1.66	-0.39	-1.32	-1.7	-0.11	Upgrade
Asset Writedown	-19.31	-	-	-	-	-	Upgrade
Other Unusual Items	29.04	25.61	8.11	21.95	28.31	25.9	Upgrade
Pretax Income	872.3	694.57	566.33	463.21	652.93	607.48	Upgrade
Income Tax Expense	69.33	44.1	64.72	35.63	78.96	69.6	Upgrade
Earnings From Continuing Operations	802.97	650.47	501.61	427.58	573.97	537.88	Upgrade
Minority Interest in Earnings	-42.65	-41.47	-51.36	-38.68	-59.29	-63.02	Upgrade
Net Income	760.32	609	450.25	388.9	514.68	474.86	Upgrade
Net Income to Common	760.32	609	450.25	388.9	514.68	474.86	Upgrade
Net Income Growth	39.78%	35.26%	15.78%	-24.44%	8.38%	-1.72%	Upgrade
Shares Outstanding (Basic)	401	401	402	400	400	367	Upgrade
Shares Outstanding (Diluted)	405	406	403	400	400	367	Upgrade
Shares Change (YoY)	-0.43%	0.61%	0.84%	0.00%	9.11%	1.86%	Upgrade
EPS (Basic)	1.90	1.52	1.12	0.97	1.29	1.29	Upgrade
EPS (Diluted)	1.88	1.50	1.12	0.97	1.29	1.29	Upgrade
EPS Growth	40.38%	34.44%	14.81%	-24.44%	-0.66%	-3.52%	Upgrade
Free Cash Flow	323.65	42.18	-224.72	248.9	418.91	429.89	Upgrade
Free Cash Flow Per Share	0.80	0.10	-0.56	0.62	1.05	1.17	Upgrade
Dividend Per Share	0.600	0.600	0.500	0.500	0.500	0.360	Upgrade
Dividend Growth	20.00%	20.00%	0%	0%	38.89%	-34.55%	Upgrade
Gross Margin	27.90%	28.57%	31.93%	33.37%	35.72%	33.61%	Upgrade
Operating Margin	13.74%	11.53%	12.65%	14.24%	19.07%	18.54%	Upgrade
Profit Margin	13.33%	13.17%	13.31%	13.86%	17.66%	16.25%	Upgrade
Free Cash Flow Margin	5.67%	0.91%	-6.64%	8.87%	14.38%	14.71%	Upgrade
EBITDA	929.34	665.92	543.89	502.3	657.24	637.74	Upgrade
EBITDA Margin	16.29%	14.40%	16.07%	17.90%	22.56%	21.82%	Upgrade
D&A For EBITDA	145.62	132.86	115.85	102.52	101.62	96.05	Upgrade
EBIT	783.72	533.06	428.04	399.79	555.62	541.69	Upgrade
EBIT Margin	13.74%	11.53%	12.65%	14.24%	19.07%	18.54%	Upgrade
Effective Tax Rate	7.95%	6.35%	11.43%	7.69%	12.09%	11.46%	Upgrade
Revenue as Reported	5,704	4,625	3,384	2,807	2,914	2,922	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.