Guangdong KinLong Hardware Products Co.,Ltd. (SHE:002791)

SHE:002791 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	Jan 1, 2022	Dec 31, 2020
Operating Revenue	6,405	6,565	7,726	7,563	8,714	6,675
Other Revenue	72.62	72.62	76.01	85.39	92.85	62.46
Revenue	6,478	6,638	7,802	7,648	8,807	6,737
Revenue Growth (YoY)	-17.09%	-14.92%	2.00%	-13.15%	30.72%	28.20%
Cost of Revenue	4,449	4,563	5,316	5,363	5,718	4,113
Gross Profit	2,028	2,075	2,485	2,285	3,089	2,624
Selling, General & Admin	1,442	1,493	1,645	1,662	1,470	1,230
Research & Development	258.57	267.56	293.6	286.63	310.08	267.45
Other Operating Expenses	23.01	16.17	27.25	47.3	50.31	47.22
Operating Expenses	1,882	1,926	2,068	2,140	1,939	1,632
Operating Income	146.89	148.48	416.9	145.37	1,150	991.88
Interest Expense	-18.74	-21.67	-34.45	-37.7	-12.49	-2.63
Interest & Investment Income	11.6	12.87	19.01	10.2	8.68	8.64
Currency Exchange Gain (Loss)	-2.76	-2.76	5.63	-12.9	-6.02	-12.77
Other Non Operating Income (Expenses)	-2.4	-5.64	-6.4	-9.19	-14.95	-3.65
EBT Excluding Unusual Items	134.6	131.28	400.7	95.79	1,125	981.46
Gain (Loss) on Sale of Investments	-10	-15.19	0.68	-24.83	-15.44	-1.86
Gain (Loss) on Sale of Assets	-1.85	-0.24	1.06	12.86	-1.99	-0.48
Asset Writedown	-18.58	-14.29	-5.01	-	-1.51	-2.09
Other Unusual Items	18.07	17.53	12.29	12.73	16.75	13.39
Pretax Income	122.24	119.09	409.72	96.54	1,123	990.43
Income Tax Expense	1.07	-2.16	59.45	9.48	160.18	121.48
Earnings From Continuing Operations	121.17	121.25	350.27	87.07	962.39	868.95
Minority Interest in Earnings	-25.92	-31.26	-26.26	-21.47	-73.01	-51.75
Net Income	95.25	89.99	324.01	65.6	889.38	817.2
Net Income to Common	95.25	89.99	324.01	65.6	889.38	817.2
Net Income Growth	-71.50%	-72.23%	393.89%	-92.62%	8.83%	86.01%
Shares Outstanding (Basic)	336	333	321	328	321	322
Shares Outstanding (Diluted)	336	333	321	328	321	322
Shares Change (YoY)	4.91%	3.89%	-2.20%	2.16%	-0.20%	1.80%
EPS (Basic)	0.28	0.27	1.01	0.20	2.77	2.54
EPS (Diluted)	0.28	0.27	1.01	0.20	2.77	2.54
EPS Growth	-72.83%	-73.27%	405.00%	-92.78%	9.05%	82.73%
Free Cash Flow	219.66	53.58	155.03	479.05	114.88	195.04
Free Cash Flow Per Share	0.65	0.16	0.48	1.46	0.36	0.61
Dividend Per Share	0.200	0.200	0.100	0.100	0.350	0.550
Dividend Growth	100.00%	100.00%	-	-71.43%	-36.36%	266.67%
Gross Margin	31.31%	31.26%	31.86%	29.88%	35.07%	38.95%
Operating Margin	2.27%	2.24%	5.34%	1.90%	13.05%	14.72%
Profit Margin	1.47%	1.36%	4.15%	0.86%	10.10%	12.13%
Free Cash Flow Margin	3.39%	0.81%	1.99%	6.26%	1.30%	2.90%
EBITDA	290.15	292.88	565.83	290.69	1,279	1,102
EBITDA Margin	4.48%	4.41%	7.25%	3.80%	14.53%	16.36%
D&A For EBITDA	143.26	144.4	148.93	145.32	129.8	110.62
EBIT	146.89	148.48	416.9	145.37	1,150	991.88
EBIT Margin	2.27%	2.24%	5.34%	1.90%	13.05%	14.72%
Effective Tax Rate	0.88%	-	14.51%	9.81%	14.27%	12.27%
Revenue as Reported	6,478	6,638	7,802	7,648	8,807	6,737
Advertising Expenses	-	6.72	8.96	8.88	8.71	8.23

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