Beijing Kawin Technology Share-Holding Co., Ltd. (SHA:688687)

Vista Outdoor 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	1,239	1,220	1,388	1,141	1,117	833.54
Other Revenue	10.24	10.24	23.52	19.2	27.41	28.51
Revenue	1,249	1,230	1,412	1,160	1,144	862.05
Revenue Growth (YoY)	-14.75%	-12.87%	21.73%	1.36%	32.75%	4.50%
Cost of Revenue	217.63	223.42	233.2	157.47	143.73	114.92
Gross Profit	1,032	1,007	1,179	1,003	1,001	747.14
Selling, General & Admin	728.83	712.36	896.32	853.14	842.51	602.88
Research & Development	139.42	138.16	134.22	114.21	77.4	56.42
Other Operating Expenses	8.57	8.87	9.49	7.55	6.53	7.01
Operating Expenses	874.37	854.26	1,043	973.54	932.66	666.03
Operating Income	157.22	152.61	135.77	28.96	67.96	81.1
Interest Expense	-1.5	-1.46	-0.78	-1	-0.05	-
Interest & Investment Income	17.98	18.33	24.02	28.84	54	5.66
Currency Exchange Gain (Loss)	0.44	0.44	0.74	3.01	-0.36	0.13
Other Non Operating Income (Expenses)	2.64	1.19	-1.14	-9.09	-0.38	-0.31
EBT Excluding Unusual Items	176.79	171.11	158.61	50.72	121.17	86.58
Gain (Loss) on Sale of Investments	6.59	7.7	2.03	1.81	-	-2.05
Gain (Loss) on Sale of Assets	-0.05	-0.01	-0.34	-3.52	0.29	-0.2
Asset Writedown	-1.42	-0.86	-3.01	-	-	-
Other Unusual Items	-1.97	-1.12	-11.04	48.67	1.68	3.49
Pretax Income	179.93	176.83	146.24	97.68	123.15	87.81
Income Tax Expense	20.19	17.67	8.96	17.1	24.87	16.82
Earnings From Continuing Operations	159.74	159.16	137.28	80.59	98.27	70.99
Minority Interest in Earnings	-13.85	-16.79	-20.76	2.82	9.02	4.58
Net Income	145.89	142.37	116.52	83.41	107.29	75.57
Net Income to Common	145.89	142.37	116.52	83.41	107.29	75.57
Net Income Growth	15.31%	22.18%	39.70%	-22.26%	41.98%	41.09%
Shares Outstanding (Basic)	168	167	166	170	163	128
Shares Outstanding (Diluted)	168	167	166	170	163	128
Shares Change (YoY)	1.22%	0.62%	-2.21%	4.71%	26.92%	5.22%
EPS (Basic)	0.87	0.85	0.70	0.49	0.66	0.59
EPS (Diluted)	0.87	0.85	0.70	0.49	0.66	0.59
EPS Growth	13.92%	21.43%	42.86%	-25.76%	11.86%	34.09%
Free Cash Flow	-96.78	-162.47	-28.08	59.03	73.96	89.87
Free Cash Flow Per Share	-0.58	-0.97	-0.17	0.35	0.46	0.70
Dividend Per Share	0.300	0.300	0.250	0.200	0.250	0.150
Dividend Growth	20.00%	20.00%	25.00%	-20.00%	66.67%	-
Gross Margin	82.58%	81.84%	83.48%	86.42%	87.44%	86.67%
Operating Margin	12.58%	12.40%	9.62%	2.50%	5.94%	9.41%
Profit Margin	11.68%	11.57%	8.25%	7.19%	9.38%	8.77%
Free Cash Flow Margin	-7.75%	-13.21%	-1.99%	5.09%	6.46%	10.42%
EBITDA	200.29	194.69	173.84	65.4	103.49	114.14
EBITDA Margin	16.03%	15.82%	12.31%	5.64%	9.04%	13.24%
D&A For EBITDA	43.07	42.07	38.07	36.44	35.53	33.04
EBIT	157.22	152.61	135.77	28.96	67.96	81.1
EBIT Margin	12.58%	12.40%	9.62%	2.50%	5.94%	9.41%
Effective Tax Rate	11.22%	9.99%	6.13%	17.50%	20.20%	19.16%
Revenue as Reported	1,249	1,230	1,412	1,160	1,144	862.05

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