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

Beijing Kingsoft Office Software Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	4,910	4,554	3,884	3,280	2,261	1,579
Other Revenue	2.12	2.12	0.77	0.45	0.23	0.09
Revenue	4,912	4,556	3,885	3,280	2,261	1,580
Revenue Growth (YoY)	12.67%	17.27%	18.44%	45.07%	43.14%	39.82%
Cost of Revenue	740.74	669.84	582.91	429.35	278.13	227.77
Gross Profit	4,172	3,886	3,302	2,851	1,983	1,352
Selling, General & Admin	1,353	1,406	1,204	1,016	691.95	477.79
Research & Development	1,658	1,472	1,331	1,082	710.88	598.79
Other Operating Expenses	-75.09	-74.16	-87.31	-111.12	-70.18	-29.22
Operating Expenses	2,945	2,820	2,446	1,998	1,337	1,054
Operating Income	1,226	1,066	855.89	852.73	645.99	297.35
Interest Expense	-8.71	-9.27	-10.33	-5.92	-0	-0
Interest & Investment Income	310.11	324.17	362.81	229.15	154.62	35.32
Currency Exchange Gain (Loss)	-0.61	-0.61	-0.02	-0.61	-0.77	-0.63
Other Non Operating Income (Expenses)	18.03	-0.28	-0.23	-0.28	-0.27	-0.21
EBT Excluding Unusual Items	1,545	1,380	1,208	1,075	799.57	331.83
Gain (Loss) on Sale of Investments	-7.46	-9.69	-56.79	-1.07	117.56	50.3
Gain (Loss) on Sale of Assets	0.33	5.33	0.18	0.19	0.01	0
Asset Writedown	0.32	-	-	-	-	-0.03
Other Unusual Items	13.94	13.94	46.74	44.52	18.72	24.27
Pretax Income	1,552	1,390	1,198	1,119	935.86	406.37
Income Tax Expense	85.03	75.38	67.32	49.76	49.29	5.79
Earnings From Continuing Operations	1,467	1,314	1,131	1,069	886.57	400.58
Minority Interest in Earnings	-2.96	3.28	-13.39	-27.7	-8.43	-
Net Income	1,464	1,318	1,118	1,041	878.14	400.58
Net Income to Common	1,464	1,318	1,118	1,041	878.14	400.58
Net Income Growth	22.27%	17.92%	7.33%	18.57%	119.22%	28.94%
Shares Outstanding (Basic)	462	461	462	461	461	368
Shares Outstanding (Diluted)	464	462	462	461	461	368
Shares Change (YoY)	0.66%	0.12%	0.23%	-0.06%	25.44%	1.73%
EPS (Basic)	3.17	2.86	2.42	2.26	1.90	1.09
EPS (Diluted)	3.16	2.85	2.42	2.26	1.90	1.09
EPS Growth	21.47%	17.77%	7.08%	18.64%	74.76%	26.74%
Free Cash Flow	2,040	1,892	1,427	1,715	1,459	522.48
Free Cash Flow Per Share	4.40	4.09	3.09	3.72	3.17	1.42
Dividend Per Share	0.880	0.880	0.730	0.700	0.600	0.300
Dividend Growth	20.61%	20.61%	4.23%	16.67%	100.00%	-
Gross Margin	84.92%	85.30%	85.00%	86.91%	87.70%	85.58%
Operating Margin	24.97%	23.40%	22.03%	26.00%	28.57%	18.83%
Profit Margin	29.81%	28.92%	28.77%	31.74%	38.84%	25.36%
Free Cash Flow Margin	41.53%	41.52%	36.73%	52.30%	64.54%	33.08%
EBITDA	1,289	1,135	932.24	917.18	691.04	326.75
EBITDA Margin	26.23%	24.90%	24.00%	27.96%	30.56%	20.69%
D&A For EBITDA	62.28	68.31	76.36	64.46	45.05	29.41
EBIT	1,226	1,066	855.89	852.73	645.99	297.35
EBIT Margin	24.97%	23.40%	22.03%	26.00%	28.57%	18.83%
Effective Tax Rate	5.48%	5.42%	5.62%	4.45%	5.27%	1.43%
Revenue as Reported	4,912	4,556	3,885	3,280	2,261	1,580
Advertising Expenses	-	277.74	190.69	196.3	129.38	97.6

Source: S&P Capital IQ. Standard template. Financial Sources.