Shenzhen Kiwi Instruments Co., Ltd. (SHA:688045)

Shenzhen Kiwi Instruments 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	666.56	684.96	576.11	525.74	886.73	429.32
Other Revenue	0.5	3.33	2.36	0.08	0.22	0.17
Revenue	667.06	688.29	578.47	525.82	886.95	429.49
Revenue Growth (YoY)	14.88%	18.98%	10.01%	-40.72%	106.52%	23.36%
Cost of Revenue	489.72	520.54	452.91	384.83	504.76	315.15
Gross Profit	177.34	167.75	125.57	140.98	382.2	114.34
Selling, General & Admin	73.41	71.26	53.71	46.56	41.05	30.14
Research & Development	163.26	176.19	159.28	115.24	86.75	44.93
Other Operating Expenses	0.43	-10.17	-4.96	0.77	4.67	1.69
Operating Expenses	237.04	237.7	208.27	162.5	132.51	76.88
Operating Income	-59.7	-69.95	-82.7	-21.51	249.69	37.45
Interest Expense	-0.89	-0.97	-1.43	-1.09	-0.53	-0.17
Interest & Investment Income	16.04	23.34	21.84	10.17	3.56	1.67
Currency Exchange Gain (Loss)	-0.04	-0.05	-0.17	0.04	-0	-0
Other Non Operating Income (Expenses)	0.05	0.03	0.03	-0.23	-0.04	-0.03
EBT Excluding Unusual Items	-44.54	-47.61	-62.43	-12.62	252.67	38.93
Gain (Loss) on Sale of Investments	1.78	-	7.16	2.32	-	-
Gain (Loss) on Sale of Assets	-0.01	0.22	1.65	-0	-0.01	0.11
Asset Writedown	-	-	-	-	-	-0.02
Other Unusual Items	11.59	10.93	15.93	11.57	4.73	2.11
Pretax Income	-31.19	-36.46	-37.69	1.26	257.4	41.12
Income Tax Expense	-2.16	-0.02	-1.47	-27.71	19.92	2.8
Earnings From Continuing Operations	-29.03	-36.44	-36.22	28.97	237.48	38.32
Minority Interest in Earnings	13.65	19.27	17.15	8.99	2.22	0.24
Net Income	-15.38	-17.17	-19.07	37.96	239.7	38.56
Net Income to Common	-15.38	-17.17	-19.07	37.96	239.7	38.56
Net Income Growth	-	-	-	-84.16%	521.61%	78.56%
Shares Outstanding (Basic)	67	69	68	62	52	51
Shares Outstanding (Diluted)	67	69	68	62	52	51
Shares Change (YoY)	-4.61%	0.83%	9.45%	20.21%	2.04%	90.30%
EPS (Basic)	-0.23	-0.25	-0.28	0.61	4.63	0.76
EPS (Diluted)	-0.23	-0.25	-0.28	0.61	4.63	0.76
EPS Growth	-	-	-	-86.83%	509.21%	-6.17%
Free Cash Flow	-36.94	-5.72	-27.69	-110.39	139.12	38.47
Free Cash Flow Per Share	-0.55	-0.08	-0.41	-1.77	2.69	0.76
Gross Margin	26.58%	24.37%	21.71%	26.81%	43.09%	26.62%
Operating Margin	-8.95%	-10.16%	-14.30%	-4.09%	28.15%	8.72%
Profit Margin	-2.31%	-2.50%	-3.30%	7.22%	27.03%	8.98%
Free Cash Flow Margin	-5.54%	-0.83%	-4.79%	-21.00%	15.68%	8.96%
EBITDA	-51.95	-61.14	-74.27	-17.12	251.45	38.43
EBITDA Margin	-7.79%	-8.88%	-12.84%	-3.26%	28.35%	8.95%
D&A For EBITDA	7.75	8.81	8.43	4.39	1.76	0.98
EBIT	-59.7	-69.95	-82.7	-21.51	249.69	37.45
EBIT Margin	-8.95%	-10.16%	-14.30%	-4.09%	28.15%	8.72%
Effective Tax Rate	-	-	-	-	7.74%	6.81%
Revenue as Reported	667.06	688.29	578.47	525.82	886.95	-

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