Kingnet Network Co., Ltd. (SHE:002517)

Kingnet Network 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	5,141	5,118	4,295	3,726	2,375	1,527
Other Revenue	0.07	0.02	-	-	-	16.44
Revenue	5,141	5,118	4,295	3,726	2,375	1,543
Revenue Growth (YoY)	5.48%	19.16%	15.30%	56.84%	53.92%	-24.24%
Cost of Revenue	953	958.38	710.01	930.76	694.05	428.57
Gross Profit	4,188	4,160	3,585	2,795	1,681	1,115
Selling, General & Admin	1,847	1,950	1,472	975.42	534.48	656.33
Research & Development	588.52	586.07	517.33	503.06	330.85	306.11
Other Operating Expenses	22.11	15.42	16.81	17.55	11.93	5.31
Operating Expenses	2,461	2,560	2,008	1,477	846.88	967.59
Operating Income	1,727	1,600	1,577	1,318	834.37	147.04
Interest Expense	-3.58	-2.55	-1.36	-2	-0.63	-
Interest & Investment Income	71.7	61.39	138.4	36.38	116.68	59.43
Currency Exchange Gain (Loss)	-2.35	-0.37	0.25	0.04	-0.38	-0.02
Other Non Operating Income (Expenses)	-4.41	-0	-35.11	4.26	-9.32	12.92
EBT Excluding Unusual Items	1,788	1,659	1,680	1,357	940.72	219.36
Impairment of Goodwill	-	-	-	-	-	-0.12
Gain (Loss) on Sale of Investments	-40.82	-29.34	-21.09	-50.32	-46.98	4.24
Gain (Loss) on Sale of Assets	1.66	0.77	0.55	-0.03	0.37	-3.18
Asset Writedown	-0.13	-	-	0.03	-	0
Legal Settlements	-0.15	-0.15	-0.01	-	-	-
Other Unusual Items	57.25	43.28	38.18	78.04	42.08	33.27
Pretax Income	1,806	1,673	1,697	1,384	936.19	253.57
Income Tax Expense	37.94	45.68	116.63	22.94	91.75	11
Earnings From Continuing Operations	1,768	1,628	1,581	1,361	844.44	242.57
Minority Interest in Earnings	1.47	0.9	-118.9	-336.1	-267.71	-64.64
Net Income	1,769	1,628	1,462	1,025	576.73	177.93
Net Income to Common	1,769	1,628	1,462	1,025	576.73	177.93
Net Income Growth	14.40%	11.41%	42.57%	77.77%	224.14%	-
Shares Outstanding (Basic)	2,106	2,115	2,088	2,092	2,136	1,977
Shares Outstanding (Diluted)	2,106	2,115	2,118	2,092	2,136	1,977
Shares Change (YoY)	-1.98%	-0.17%	1.25%	-2.05%	8.05%	-8.17%
EPS (Basic)	0.84	0.77	0.70	0.49	0.27	0.09
EPS (Diluted)	0.84	0.77	0.69	0.49	0.27	0.09
EPS Growth	16.72%	11.59%	40.82%	81.48%	200.00%	-
Free Cash Flow	1,306	1,490	1,515	1,351	346.79	37.38
Free Cash Flow Per Share	0.62	0.70	0.71	0.65	0.16	0.02
Dividend Per Share	0.100	0.200	0.200	-	-	-
Dividend Growth	-50.00%	-	-	-	-	-
Gross Margin	81.46%	81.27%	83.47%	75.02%	70.78%	72.23%
Operating Margin	33.59%	31.27%	36.72%	35.38%	35.13%	9.53%
Profit Margin	34.42%	31.82%	34.03%	27.52%	24.28%	11.53%
Free Cash Flow Margin	25.40%	29.12%	35.28%	36.27%	14.60%	2.42%
EBITDA	1,749	1,619	1,598	1,330	843.13	158.9
EBITDA Margin	34.02%	31.63%	37.20%	35.69%	35.50%	10.30%
D&A For EBITDA	22.24	18.81	20.52	11.68	8.76	11.87
EBIT	1,727	1,600	1,577	1,318	834.37	147.04
EBIT Margin	33.59%	31.27%	36.72%	35.38%	35.13%	9.53%
Effective Tax Rate	2.10%	2.73%	6.87%	1.66%	9.80%	4.34%
Revenue as Reported	5,141	5,118	4,295	3,726	2,375	1,543
Advertising Expenses	-	38.09	13.68	5.16	-	-

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