KINGSEMI 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	2017 - 2020
Period Ending	Mar '25 Mar 31, 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	2017 - 2020
Operating Revenue	1,741	1,710	1,679	1,360	813.46	318.31	Upgrade
Other Revenue	44.06	44.06	37.59	24.61	15.22	10.59	Upgrade
Revenue	1,785	1,754	1,717	1,385	828.67	328.9	Upgrade
Revenue Growth (YoY)	6.68%	2.13%	23.98%	67.12%	151.95%	54.30%	Upgrade
Cost of Revenue	1,129	1,110	1,069	858.34	523.14	191.1	Upgrade
Gross Profit	656.17	643.25	648.31	526.53	305.54	137.81	Upgrade
Selling, General & Admin	353.05	333.79	250.01	241.19	162.37	93.21	Upgrade
Research & Development	315.06	296.65	197.86	152.14	92.5	45.4	Upgrade
Other Operating Expenses	-51.38	-75.52	-32.68	-20.52	-18.66	-9.46	Upgrade
Operating Expenses	631.08	562.1	434.16	374.55	246.5	130.67	Upgrade
Operating Income	25.09	81.14	214.15	151.98	59.04	7.14	Upgrade
Interest Expense	-29.06	-26.62	-12.74	-6.22	-3.56	-	Upgrade
Interest & Investment Income	17.78	17.09	15.22	17.16	8.37	16.18	Upgrade
Currency Exchange Gain (Loss)	10.54	10.54	0.55	-3.65	-1.5	-0.44	Upgrade
Other Non Operating Income (Expenses)	-16.64	-0.55	-1.16	-0.94	-0.61	-0.43	Upgrade
EBT Excluding Unusual Items	7.71	81.6	216.01	158.33	61.75	22.44	Upgrade
Gain (Loss) on Sale of Investments	1.32	1.76	-5.2	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	-0	1.28	4.35	-0.12	-0.03	-0.05	Upgrade
Asset Writedown	-0.28	-0.32	-0.48	-	-	-	Upgrade
Other Unusual Items	190.66	137.84	67.58	63.85	14.26	30.41	Upgrade
Pretax Income	202.31	225.06	282.43	222.19	75.98	52.82	Upgrade
Income Tax Expense	18.73	23.64	32.28	22.03	-1.37	3.99	Upgrade
Earnings From Continuing Operations	183.57	201.43	250.15	200.16	77.35	48.83	Upgrade
Minority Interest in Earnings	7.89	1.39	0.47	-	-	-	Upgrade
Net Income	191.46	202.81	250.63	200.16	77.35	48.83	Upgrade
Net Income to Common	191.46	202.81	250.63	200.16	77.35	48.83	Upgrade
Net Income Growth	-4.58%	-19.08%	25.21%	158.78%	58.41%	66.79%	Upgrade
Shares Outstanding (Basic)	211	201	200	189	180	181	Upgrade
Shares Outstanding (Diluted)	211	201	200	189	180	181	Upgrade
Shares Change (YoY)	6.33%	0.57%	5.52%	4.88%	-0.12%	32.30%	Upgrade
EPS (Basic)	0.91	1.01	1.26	1.06	0.43	0.27	Upgrade
EPS (Diluted)	0.91	1.01	1.26	1.06	0.43	0.27	Upgrade
EPS Growth	-10.27%	-19.54%	18.66%	146.75%	58.60%	26.07%	Upgrade
Free Cash Flow	22.94	217.51	-1,039	-13.55	-410.08	-164.95	Upgrade
Free Cash Flow Per Share	0.11	1.08	-5.20	-0.07	-2.27	-0.91	Upgrade
Dividend Per Share	0.110	0.110	0.138	0.186	0.140	0.093	Upgrade
Dividend Growth	-20.23%	-20.23%	-26.02%	33.33%	50.00%	60.14%	Upgrade
Gross Margin	36.77%	36.68%	37.76%	38.02%	36.87%	41.90%	Upgrade
Operating Margin	1.41%	4.63%	12.47%	10.97%	7.12%	2.17%	Upgrade
Profit Margin	10.73%	11.56%	14.60%	14.45%	9.33%	14.85%	Upgrade
Free Cash Flow Margin	1.29%	12.40%	-60.50%	-0.98%	-49.49%	-50.15%	Upgrade
EBITDA	85.88	137.94	254.99	177.7	74.06	18.97	Upgrade
EBITDA Margin	4.81%	7.87%	14.85%	12.83%	8.94%	5.77%	Upgrade
D&A For EBITDA	60.79	56.8	40.83	25.72	15.02	11.83	Upgrade
EBIT	25.09	81.14	214.15	151.98	59.04	7.14	Upgrade
EBIT Margin	1.41%	4.63%	12.47%	10.97%	7.12%	2.17%	Upgrade
Effective Tax Rate	9.26%	10.50%	11.43%	9.92%	-	7.56%	Upgrade
Revenue as Reported	1,785	1,754	1,717	1,385	828.67	328.9	Upgrade

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.