Shanghai Kindly Enterprise Development Group Co.,LTD. (SHA:603987)

SHA:603987 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,259	2,252	2,444	3,112	3,088	2,638
Other Revenue	4.25	9	8.28	7.01	9.48	7.24
Revenue	2,263	2,261	2,453	3,119	3,097	2,645
Revenue Growth (YoY)	-1.40%	-7.79%	-21.36%	0.70%	17.07%	45.60%
Cost of Revenue	1,507	1,535	1,659	2,075	1,912	1,659
Gross Profit	755.96	726.2	793.91	1,044	1,185	986.68
Selling, General & Admin	372.14	371.1	391.39	520.67	548.03	465.47
Research & Development	104.8	106.21	100.55	123	165.43	124.24
Other Operating Expenses	16.89	18.46	21.48	23.68	21.52	21.51
Operating Expenses	511.4	510.78	518.66	673.52	741.61	615.11
Operating Income	244.56	215.43	275.25	370.21	443.75	371.57
Interest Expense	-19.16	-21.28	-26.48	-28.16	-24.19	-20.65
Interest & Investment Income	52.2	51.02	47.87	50.51	26.27	30.05
Currency Exchange Gain (Loss)	2.52	7	-3.52	4.54	-2.73	-16.83
Other Non Operating Income (Expenses)	-4.62	-5.59	-0.54	-2.78	-4.81	-4.23
EBT Excluding Unusual Items	275.5	246.58	292.58	394.32	438.3	359.92
Impairment of Goodwill	-	-	-	-24.4	-	-
Gain (Loss) on Sale of Investments	-0.91	-1.82	-1.49	-2.28	21.91	-2.69
Gain (Loss) on Sale of Assets	-2.44	-2.59	-3.9	18.06	-2.23	-1.69
Asset Writedown	0.16	-	-1.6	-	-	-
Other Unusual Items	6.42	10.05	14.88	13.69	25.77	34.64
Pretax Income	278.73	252.23	300.48	399.38	483.74	390.17
Income Tax Expense	23.96	18.41	24.06	25.24	64.53	63.84
Earnings From Continuing Operations	254.77	233.82	276.42	374.14	419.21	326.33
Minority Interest in Earnings	-19.53	-18.49	-45.52	-62.41	-127.81	-123.56
Net Income	235.24	215.33	230.9	311.74	291.4	202.77
Net Income to Common	235.24	215.33	230.9	311.74	291.4	202.77
Net Income Growth	16.21%	-6.74%	-25.93%	6.98%	43.71%	19.20%
Shares Outstanding (Basic)	444	439	436	439	442	441
Shares Outstanding (Diluted)	444	439	436	439	442	441
Shares Change (YoY)	2.71%	0.87%	-0.77%	-0.55%	0.16%	-0.18%
EPS (Basic)	0.53	0.49	0.53	0.71	0.66	0.46
EPS (Diluted)	0.53	0.49	0.53	0.71	0.66	0.46
EPS Growth	13.14%	-7.55%	-25.35%	7.58%	43.48%	19.42%
Free Cash Flow	142.31	148.87	211.59	165.31	-245.07	71.08
Free Cash Flow Per Share	0.32	0.34	0.49	0.38	-0.56	0.16
Dividend Per Share	0.150	0.150	0.160	0.220	0.200	-
Dividend Growth	-6.25%	-6.25%	-27.27%	10.00%	-	-
Gross Margin	33.40%	32.11%	32.37%	33.47%	38.27%	37.30%
Operating Margin	10.80%	9.53%	11.22%	11.87%	14.33%	14.05%
Profit Margin	10.39%	9.52%	9.41%	9.99%	9.41%	7.66%
Free Cash Flow Margin	6.29%	6.58%	8.63%	5.30%	-7.91%	2.69%
EBITDA	392.61	363.02	420.61	505.69	569.42	483.38
EBITDA Margin	17.35%	16.05%	17.15%	16.21%	18.39%	18.27%
D&A For EBITDA	148.05	147.59	145.35	135.49	125.67	111.81
EBIT	244.56	215.43	275.25	370.21	443.75	371.57
EBIT Margin	10.80%	9.53%	11.22%	11.87%	14.33%	14.05%
Effective Tax Rate	8.60%	7.30%	8.01%	6.32%	13.34%	16.36%
Revenue as Reported	2,263	2,261	2,453	3,119	3,097	2,645
Advertising Expenses	-	-	-	-	-	2.48

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