KEBODA TECHNOLOGY 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	6,467	5,760	4,489	3,276	2,740	2,870
Other Revenue	207.42	207.42	135.72	107.67	66.79	44.14
Revenue	6,674	5,968	4,625	3,384	2,807	2,914
Revenue Growth (YoY)	16.64%	29.03%	36.68%	20.57%	-3.68%	-0.29%
Cost of Revenue	4,961	4,287	3,304	2,304	1,870	1,873
Gross Profit	1,714	1,681	1,322	1,080	936.4	1,041
Selling, General & Admin	319.3	364.8	310.68	248.76	223	225.96
Research & Development	488.09	455.87	443.68	374.41	304.02	240.48
Other Operating Expenses	37.78	-9.69	10.59	7.08	9.13	12.86
Operating Expenses	891.89	868.4	788.52	652.28	536.61	485.3
Operating Income	821.98	812.83	533.06	428.04	399.79	555.62
Interest Expense	-22.36	-22.53	-14.03	-4.4	-2.1	-0.55
Interest & Investment Income	94.33	98.31	139.13	114.78	54.58	55.99
Currency Exchange Gain (Loss)	-27.33	-27.33	11.28	23.04	-13.17	12.34
Other Non Operating Income (Expenses)	54.08	-1.76	-1.02	0.79	-0.11	0.28
EBT Excluding Unusual Items	920.7	859.52	668.42	562.26	439	623.7
Gain (Loss) on Sale of Investments	6.05	3.55	2.2	-3.65	3.58	2.63
Gain (Loss) on Sale of Assets	0.38	-0.27	-1.66	-0.39	-1.32	-1.7
Asset Writedown	14.52	-	-	-	-	-
Other Unusual Items	49.33	43	25.61	8.11	21.95	28.31
Pretax Income	990.99	905.79	694.57	566.33	463.21	652.93
Income Tax Expense	102.36	94.98	44.1	64.72	35.63	78.96
Earnings From Continuing Operations	888.63	810.81	650.47	501.61	427.58	573.97
Minority Interest in Earnings	-35.97	-38.54	-41.47	-51.36	-38.68	-59.29
Net Income	852.66	772.27	609	450.25	388.9	514.68
Net Income to Common	852.66	772.27	609	450.25	388.9	514.68
Net Income Growth	18.48%	26.81%	35.26%	15.78%	-24.44%	8.38%
Shares Outstanding (Basic)	402	401	401	402	400	400
Shares Outstanding (Diluted)	404	406	406	403	400	400
Shares Change (YoY)	-0.25%	-0.08%	0.61%	0.84%	0.00%	9.11%
EPS (Basic)	2.12	1.93	1.52	1.12	0.97	1.29
EPS (Diluted)	2.11	1.90	1.50	1.12	0.97	1.29
EPS Growth	18.78%	26.91%	34.44%	14.82%	-24.44%	-0.66%
Free Cash Flow	672.62	449.11	42.18	-224.72	248.9	418.91
Free Cash Flow Per Share	1.66	1.11	0.10	-0.56	0.62	1.05
Dividend Per Share	0.650	0.650	0.600	0.500	0.500	0.500
Dividend Growth	8.33%	8.33%	20.00%	-	-	38.89%
Gross Margin	25.68%	28.17%	28.57%	31.92%	33.37%	35.73%
Operating Margin	12.31%	13.62%	11.53%	12.65%	14.24%	19.07%
Profit Margin	12.78%	12.94%	13.17%	13.30%	13.86%	17.66%
Free Cash Flow Margin	10.08%	7.52%	0.91%	-6.64%	8.87%	14.38%
EBITDA	978.54	962.11	672.64	543.89	502.3	657.24
EBITDA Margin	14.66%	16.12%	14.54%	16.07%	17.90%	22.56%
D&A For EBITDA	156.56	149.28	139.58	115.85	102.52	101.62
EBIT	821.98	812.83	533.06	428.04	399.79	555.62
EBIT Margin	12.31%	13.62%	11.53%	12.65%	14.24%	19.07%
Effective Tax Rate	10.33%	10.49%	6.35%	11.43%	7.69%	12.09%
Revenue as Reported	6,674	5,968	4,625	3,384	2,807	2,914

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