Beijing Kingsoft Office Software, Inc. (SHA:688111)

SHA:688111 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	5,364	5,119	4,554	3,884	3,280	2,261
Other Revenue	1.16	1.38	2.12	0.77	0.45	0.23
Revenue	5,365	5,121	4,556	3,885	3,280	2,261
Revenue Growth (YoY)	11.84%	12.40%	17.27%	18.44%	45.07%	43.14%
Cost of Revenue	794.56	760.76	669.84	582.91	429.35	278.13
Gross Profit	4,570	4,360	3,886	3,302	2,851	1,983
Selling, General & Admin	1,435	1,394	1,412	1,204	1,016	691.95
Research & Development	1,843	1,696	1,472	1,331	1,082	710.88
Other Operating Expenses	-88.57	-84.98	-80.27	-87.31	-111.12	-70.18
Operating Expenses	3,200	3,020	2,820	2,446	1,998	1,337
Operating Income	1,370	1,340	1,066	855.89	852.73	645.99
Interest Expense	-5.49	-8.66	-9.27	-10.33	-5.92	-0
Interest & Investment Income	371.13	396.37	324.17	362.81	229.15	154.62
Currency Exchange Gain (Loss)	1.37	-1.68	-0.61	-0.02	-0.61	-0.77
Other Non Operating Income (Expenses)	-7.51	-0.28	-0.28	-0.23	-0.28	-0.27
EBT Excluding Unusual Items	1,730	1,725	1,380	1,208	1,075	799.57
Gain (Loss) on Sale of Investments	-30.78	-26.48	-9.69	-56.79	-1.07	117.56
Gain (Loss) on Sale of Assets	0.65	0.18	5.33	0.18	0.19	0.01
Other Unusual Items	62.2	51.35	13.94	46.74	44.52	18.72
Pretax Income	1,762	1,750	1,390	1,198	1,119	935.86
Income Tax Expense	95.78	95.14	75.38	67.32	49.76	49.29
Earnings From Continuing Operations	1,666	1,655	1,314	1,131	1,069	886.57
Minority Interest in Earnings	4.96	-10.2	3.28	-13.39	-27.7	-8.43
Net Income	1,671	1,645	1,318	1,118	1,041	878.14
Net Income to Common	1,671	1,645	1,318	1,118	1,041	878.14
Net Income Growth	16.04%	24.84%	17.91%	7.32%	18.57%	119.22%
Shares Outstanding (Basic)	461	462	461	462	461	461
Shares Outstanding (Diluted)	463	462	462	462	461	461
Shares Change (YoY)	-0.04%	-0.06%	0.12%	0.23%	-0.06%	25.44%
EPS (Basic)	3.62	3.56	2.86	2.42	2.26	1.90
EPS (Diluted)	3.61	3.56	2.85	2.42	2.26	1.90
EPS Growth	16.08%	24.91%	17.77%	7.08%	18.64%	74.76%
Free Cash Flow	2,136	2,021	1,892	1,427	1,715	1,459
Free Cash Flow Per Share	4.62	4.37	4.09	3.09	3.72	3.17
Dividend Per Share	0.899	0.899	0.880	0.730	0.700	0.600
Dividend Growth	2.15%	2.15%	20.55%	4.23%	16.67%	100.00%
Gross Margin	85.19%	85.14%	85.30%	85.00%	86.91%	87.70%
Operating Margin	25.54%	26.16%	23.40%	22.03%	26.00%	28.57%
Profit Margin	31.14%	32.13%	28.92%	28.77%	31.75%	38.84%
Free Cash Flow Margin	39.82%	39.46%	41.52%	36.73%	52.30%	64.54%
EBITDA	1,428	1,400	1,138	932.24	917.18	691.04
EBITDA Margin	26.61%	27.34%	24.98%	24.00%	27.96%	30.56%
D&A For EBITDA	57.58	60.2	71.69	76.36	64.46	45.05
EBIT	1,370	1,340	1,066	855.89	852.73	645.99
EBIT Margin	25.54%	26.16%	23.40%	22.03%	26.00%	28.57%
Effective Tax Rate	5.44%	5.44%	5.42%	5.62%	4.45%	5.27%
Revenue as Reported	5,365	5,121	4,556	3,885	3,280	2,261
Advertising Expenses	-	249.94	277.74	190.69	196.3	129.38

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