Chengdu KSW Technologies Co.,Ltd. (SHA:688283)

Chengdu KSW Technologies 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	210.99	205.26	252.52	218.92	161.35	130.18
Other Revenue	21.3	21.3	1.08	1.44	1.55	0.01
Revenue	232.3	226.57	253.59	220.36	162.89	130.19
Revenue Growth (YoY)	-10.36%	-10.66%	15.08%	35.28%	25.12%	23.45%
Cost of Revenue	101.58	100.23	83.75	73.96	60.34	39.84
Gross Profit	130.71	126.34	169.84	146.41	102.55	90.35
Selling, General & Admin	41.73	40.58	36.19	29.71	24.07	19.81
Research & Development	71.7	70.45	56.76	34.88	18.96	15.85
Other Operating Expenses	-14.09	-12.25	-7.73	1.18	1.5	1.07
Operating Expenses	112.99	107.97	95.96	75.36	49.53	39.75
Operating Income	17.73	18.37	73.88	71.05	53.03	50.6
Interest Expense	-0.01	-0	-0.01	-0.31	-0.54	-0.21
Interest & Investment Income	12.27	13.57	17.33	15.21	0.1	0.06
Other Non Operating Income (Expenses)	0.07	0.05	-0.06	0.13	-0.07	-0.22
EBT Excluding Unusual Items	30.06	31.98	91.14	86.09	52.52	50.23
Impairment of Goodwill	-0.06	-0.06	-	-	-	-
Gain (Loss) on Sale of Investments	-	0.75	2.65	1.42	-	-
Gain (Loss) on Sale of Assets	-0.03	-0.03	-0	-	-0.01	-
Asset Writedown	-0.05	-	-	-	-	-0
Other Unusual Items	0.15	0.15	-0.17	2.6	4.51	1.18
Pretax Income	30.06	32.79	93.62	90.11	57.02	51.41
Income Tax Expense	-3.21	-4.24	6.52	8.86	6.3	6.54
Net Income	33.27	37.03	87.1	81.25	50.72	44.87
Net Income to Common	33.27	37.03	87.1	81.25	50.72	44.87
Net Income Growth	-61.93%	-57.48%	7.20%	60.20%	13.03%	41.83%
Shares Outstanding (Basic)	104	123	121	117	91	92
Shares Outstanding (Diluted)	104	123	121	117	91	92
Shares Change (YoY)	-17.66%	2.05%	3.72%	28.47%	-0.91%	-0.13%
EPS (Basic)	0.32	0.30	0.72	0.70	0.56	0.49
EPS (Diluted)	0.32	0.30	0.72	0.70	0.56	0.49
EPS Growth	-53.76%	-58.33%	3.36%	24.70%	14.07%	42.02%
Free Cash Flow	87.19	74.17	-44.65	-5.68	12.07	21.49
Free Cash Flow Per Share	0.84	0.60	-0.37	-0.05	0.13	0.23
Dividend Per Share	0.260	0.260	0.150	0.069	0.043	0.062
Dividend Growth	72.99%	72.99%	117.83%	61.21%	-31.08%	35.00%
Gross Margin	56.27%	55.76%	66.97%	66.44%	62.96%	69.40%
Operating Margin	7.63%	8.11%	29.13%	32.24%	32.55%	38.87%
Profit Margin	14.32%	16.35%	34.35%	36.87%	31.13%	34.47%
Free Cash Flow Margin	37.53%	32.73%	-17.61%	-2.58%	7.41%	16.51%
EBITDA	30.96	30.22	80.2	72.99	54.17	51.34
EBITDA Margin	13.33%	13.34%	31.63%	33.12%	33.25%	39.44%
D&A For EBITDA	13.24	11.85	6.33	1.94	1.14	0.74
EBIT	17.73	18.37	73.88	71.05	53.03	50.6
EBIT Margin	7.63%	8.11%	29.13%	32.24%	32.55%	38.87%
Effective Tax Rate	-	-	6.97%	9.83%	11.05%	12.71%
Revenue as Reported	232.3	226.57	253.59	220.36	162.89	130.19
Advertising Expenses	-	1.04	0.75	0.36	0.33	0.05

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