Qingdao Kingking Applied Chemistry Co., Ltd. (SHE:002094)

SHE:002094 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,814	1,788	2,504	2,922	3,118	4,000
Other Revenue	4.42	4.63	5.17	29.69	34.79	1.46
Revenue	1,819	1,793	2,509	2,951	3,153	4,002
Revenue Growth (YoY)	4.24%	-28.55%	-14.99%	-6.40%	-21.21%	-26.91%
Cost of Revenue	1,469	1,457	2,267	2,736	2,735	3,690
Gross Profit	350.03	335.86	242.13	215.39	418.28	311.9
Selling, General & Admin	205.57	201.4	193.51	324.33	411.62	557.83
Research & Development	44.19	43.17	34.23	37.06	39.29	32.37
Other Operating Expenses	12.01	11.3	10.96	10.52	9.04	12.39
Operating Expenses	266.87	258.56	238.28	428.39	495.74	696.91
Operating Income	83.15	77.3	3.84	-213	-77.46	-385.01
Interest Expense	-52.09	-52.97	-54.13	-45.62	-50.98	-62.33
Interest & Investment Income	78.74	74.71	125.33	6.23	125.68	113.38
Currency Exchange Gain (Loss)	-5.06	-	-	-	-	-
Other Non Operating Income (Expenses)	-10.22	-2.42	-65.73	-226.64	0.43	-119.99
EBT Excluding Unusual Items	94.53	96.62	9.31	-479.03	-2.32	-453.95
Impairment of Goodwill	-33.02	-33.02	-11.26	-69.52	-	-190.1
Gain (Loss) on Sale of Investments	-2.54	-2.54	11.57	-304.97	-4.7	-4.15
Gain (Loss) on Sale of Assets	-0.15	0.02	0.18	-3.51	-0.06	0.03
Asset Writedown	-19.76	-20.18	-0.79	-2.01	-4.07	-0.72
Other Unusual Items	6.64	5.99	16.38	1.73	7.19	6.72
Pretax Income	45.69	46.9	25.4	-857.31	-3.97	-642.18
Income Tax Expense	11.07	13.47	16.42	18.21	13.62	-71.62
Earnings From Continuing Operations	34.62	33.43	8.98	-875.51	-17.59	-570.56
Minority Interest in Earnings	3.09	1.69	1.45	66.36	33.93	141.81
Net Income	37.71	35.12	10.42	-809.15	16.34	-428.74
Net Income to Common	37.71	35.12	10.42	-809.15	16.34	-428.74
Net Income Growth	90.02%	236.91%	-	-	-	-
Shares Outstanding (Basic)	701	702	521	692	817	692
Shares Outstanding (Diluted)	701	702	521	692	817	692
Shares Change (YoY)	34.92%	34.76%	-24.65%	-15.36%	18.16%	-2.01%
EPS (Basic)	0.05	0.05	0.02	-1.17	0.02	-0.62
EPS (Diluted)	0.05	0.05	0.02	-1.17	0.02	-0.62
EPS Growth	40.83%	150.00%	-	-	-	-
Free Cash Flow	80.55	-44.96	49.35	14.66	-486.71	-230.94
Free Cash Flow Per Share	0.12	-0.06	0.10	0.02	-0.60	-0.33
Gross Margin	19.25%	18.73%	9.65%	7.30%	13.27%	7.79%
Operating Margin	4.57%	4.31%	0.15%	-7.22%	-2.46%	-9.62%
Profit Margin	2.07%	1.96%	0.41%	-27.42%	0.52%	-10.71%
Free Cash Flow Margin	4.43%	-2.51%	1.97%	0.50%	-15.44%	-5.77%
EBITDA	112.67	107.13	49.71	-174.49	-23.14	-350.98
EBITDA Margin	6.19%	5.98%	1.98%	-5.91%	-0.73%	-8.77%
D&A For EBITDA	29.52	29.83	45.87	38.51	54.31	34.03
EBIT	83.15	77.3	3.84	-213	-77.46	-385.01
EBIT Margin	4.57%	4.31%	0.15%	-7.22%	-2.46%	-9.62%
Effective Tax Rate	24.22%	28.72%	64.66%	-	-	-
Revenue as Reported	25.99	-	-	2,951	3,153	4,002
Advertising Expenses	-	16.2	19.07	17.85	41.39	76.19

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