Kaishan Group Co., Ltd. (SHE:300257)

Kaishan Group 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	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,228	4,166	4,100	3,689	3,424	2,994
Other Revenue	68.92	68.92	66.34	65.63	60.56	38.76
Revenue	4,297	4,235	4,167	3,754	3,485	3,032
Revenue Growth (YoY)	0.80%	1.64%	10.98%	7.73%	14.92%	15.16%
Cost of Revenue	2,855	2,853	2,820	2,599	2,499	2,150
Gross Profit	1,442	1,382	1,346	1,155	985.87	882.47
Selling, General & Admin	635.9	609.04	514.99	421.34	403.69	352.07
Research & Development	127.5	122.3	127.43	128.64	118.17	106.38
Other Operating Expenses	67.27	57.77	46.23	37.18	29.29	15.83
Operating Expenses	826.55	798.13	713.39	595.14	552.23	490.58
Operating Income	615.47	583.87	632.99	559.84	433.63	391.89
Interest Expense	-337.76	-304.9	-205.86	-154.97	-98.16	-80.85
Interest & Investment Income	82.43	66.1	23.59	28.83	21.82	16.95
Earnings From Equity Investments	3.72	-	-	-	13.12	-
Currency Exchange Gain (Loss)	7.17	7.17	17.93	5.18	-16.99	-38.65
Other Non Operating Income (Expenses)	-23.51	-13.25	-14.55	-6.9	-10.53	-6.47
EBT Excluding Unusual Items	347.51	338.99	454.09	431.99	342.9	282.87
Impairment of Goodwill	-	-	-5.99	-5.12	-6.96	-9.5
Gain (Loss) on Sale of Investments	-0.93	-0.93	-2.64	-	-	-
Gain (Loss) on Sale of Assets	0.85	0.18	0.29	0.34	0.98	-0.46
Asset Writedown	0.16	-0.03	0.09	-0.71	-0.96	-0.32
Other Unusual Items	31.88	31.88	31.48	27.29	21.33	31.08
Pretax Income	379.47	370.1	477.31	453.79	357.28	303.67
Income Tax Expense	47.01	45.63	42.56	38.17	48.38	39.59
Earnings From Continuing Operations	332.47	324.47	434.75	415.62	308.9	264.09
Minority Interest in Earnings	-5.55	-4.05	-1.48	-6.96	-5.25	-7.26
Net Income	326.91	320.42	433.27	408.66	303.65	256.82
Net Income to Common	326.91	320.42	433.27	408.66	303.65	256.82
Net Income Growth	-25.50%	-26.05%	6.02%	34.58%	18.23%	68.38%
Shares Outstanding (Basic)	991	1,001	985	997	980	856
Shares Outstanding (Diluted)	991	1,001	985	997	980	856
Shares Change (YoY)	-0.11%	1.69%	-1.21%	1.76%	14.42%	1.03%
EPS (Basic)	0.33	0.32	0.44	0.41	0.31	0.30
EPS (Diluted)	0.33	0.32	0.44	0.41	0.31	0.30
EPS Growth	-25.42%	-27.27%	7.32%	32.26%	3.33%	66.67%
Free Cash Flow	373.87	347.25	-296.83	-862.36	-940.45	-412.78
Free Cash Flow Per Share	0.38	0.35	-0.30	-0.86	-0.96	-0.48
Dividend Per Share	0.100	0.100	0.100	0.100	-	0.030
Gross Margin	33.56%	32.63%	32.31%	30.76%	28.29%	29.10%
Operating Margin	14.32%	13.79%	15.19%	14.91%	12.44%	12.92%
Profit Margin	7.61%	7.57%	10.40%	10.88%	8.71%	8.47%
Free Cash Flow Margin	8.70%	8.20%	-7.12%	-22.97%	-26.99%	-13.61%
EBITDA	1,035	987.87	976.48	815.04	626.52	571.97
EBITDA Margin	24.08%	23.33%	23.44%	21.71%	17.98%	18.86%
D&A For EBITDA	419.13	404.01	343.49	255.2	192.89	180.08
EBIT	615.47	583.87	632.99	559.84	433.63	391.89
EBIT Margin	14.32%	13.79%	15.19%	14.91%	12.44%	12.92%
Effective Tax Rate	12.39%	12.33%	8.92%	8.41%	13.54%	13.04%
Revenue as Reported	4,297	4,235	4,167	3,754	3,485	3,032
Advertising Expenses	-	20.79	15.52	7.78	-	-

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