Kuang-Chi Technologies Co., Ltd. (SHE: 002625)

Kuang-Chi Technologies 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	1,529	1,484	1,148	844.51	619.69	475.79
Other Revenue	10.24	10.24	19.7	14.84	16.82	5.49
Revenue	1,539	1,494	1,168	859.35	636.51	481.28
Revenue Growth (YoY)	-1.15%	27.98%	35.88%	35.01%	32.25%	3.78%
Cost of Revenue	725.36	814.59	690.79	486.49	398.98	317.75
Gross Profit	813.93	679.72	476.85	372.86	237.53	163.53
Selling, General & Admin	95.63	119.53	121.5	138.11	108.53	116.65
Research & Development	92.64	86.11	79.14	65.1	70.96	62.21
Other Operating Expenses	-8.23	-14.56	4.06	-10.5	-27.91	-22.88
Operating Expenses	228.55	208.1	224.81	230.54	179.96	164.48
Operating Income	585.39	471.62	252.04	142.33	57.57	-0.95
Interest Expense	-	-	-0.93	-3.68	-10	-12.48
Interest & Investment Income	179.66	191.2	194.42	178.46	127.04	117.7
Currency Exchange Gain (Loss)	-	-	0.02	-0.01	-0.02	0
Other Non Operating Income (Expenses)	0.38	-0.61	-1	-1.43	-1.63	-0.27
EBT Excluding Unusual Items	765.43	662.21	444.55	315.67	172.96	104
Gain (Loss) on Sale of Investments	-	-	-	0.07	-	4.84
Gain (Loss) on Sale of Assets	-0.2	0.75	-23.26	0.65	7.04	-0
Asset Writedown	-29.2	-32.53	-9.33	-3.24	-8.74	-
Other Unusual Items	36.75	38.19	31.9	19.73	16.88	19.57
Pretax Income	772.78	668.62	443.87	332.88	188.15	128.41
Income Tax Expense	99.89	85.48	67.51	63.6	25.54	16.91
Earnings From Continuing Operations	672.89	583.14	376.36	269.29	162.61	111.5
Minority Interest in Earnings	0.11	0.16	0.32	1.99	0.56	3.48
Net Income	673	583.3	376.68	271.27	163.17	114.99
Net Income to Common	673	583.3	376.68	271.27	163.17	114.99
Net Income Growth	27.86%	54.85%	38.85%	66.25%	41.90%	63.02%
Shares Outstanding (Basic)	2,174	2,160	2,216	2,087	2,040	2,300
Shares Outstanding (Diluted)	2,174	2,160	2,216	2,087	2,040	2,300
Shares Change (YoY)	-2.02%	-2.50%	6.18%	2.31%	-11.31%	-2.19%
EPS (Basic)	0.31	0.27	0.17	0.13	0.08	0.05
EPS (Diluted)	0.31	0.27	0.17	0.13	0.08	0.05
EPS Growth	30.50%	58.82%	30.77%	62.50%	60.00%	66.67%
Free Cash Flow	-299.03	-443.78	-242.75	-440.86	-249.96	-237.56
Free Cash Flow Per Share	-0.14	-0.21	-0.11	-0.21	-0.12	-0.10
Dividend Per Share	0.233	-	0.135	-	-	-
Gross Margin	52.88%	45.49%	40.84%	43.39%	37.32%	33.98%
Operating Margin	38.03%	31.56%	21.59%	16.56%	9.04%	-0.20%
Profit Margin	43.72%	39.03%	32.26%	31.57%	25.64%	23.89%
Free Cash Flow Margin	-19.43%	-29.70%	-20.79%	-51.30%	-39.27%	-49.36%
EBITDA	699.91	583.96	361.48	227.21	115.2	49.8
EBITDA Margin	45.47%	39.08%	30.96%	26.44%	18.10%	10.35%
D&A For EBITDA	114.52	112.34	109.44	84.88	57.64	50.75
EBIT	585.39	471.62	252.04	142.33	57.57	-0.95
EBIT Margin	38.03%	31.56%	21.59%	16.56%	9.04%	-0.20%
Effective Tax Rate	12.93%	12.78%	15.21%	19.11%	13.57%	13.17%
Revenue as Reported	1,539	1,494	1,168	859.35	636.51	481.28
Advertising Expenses	-	0.45	3.35	1.56	1.83	1.68

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