Guangdong Kingstrong Technology Co., Ltd. (SHE:300629)

SHE:300629 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	Jan 1, 2022	Dec 31, 2020
Operating Revenue	389.55	473.42	508.7	428.39	355.25	313.11
Other Revenue	7.23	7.23	2.39	2	5.04	5.27
Revenue	396.78	480.65	511.09	430.4	360.3	318.38
Revenue Growth (YoY)	-24.29%	-5.96%	18.75%	19.45%	13.17%	64.44%
Cost of Revenue	155.44	182.69	202.23	172.44	154.95	195.33
Gross Profit	241.35	297.96	308.86	257.96	205.35	123.05
Selling, General & Admin	49.7	49.78	54.1	50.35	43.6	50.5
Research & Development	50.41	47.79	55.74	48.79	46.65	32.88
Other Operating Expenses	5.23	6.36	4.67	4.22	1.81	2.14
Operating Expenses	145.48	134.04	133.14	109.61	96.52	87.15
Operating Income	95.87	163.91	175.72	148.35	108.83	35.9
Interest Expense	-7.46	-7.3	-5.31	-3.4	-3.93	-12.39
Interest & Investment Income	2.35	2.86	1.85	2.34	2.99	7.76
Currency Exchange Gain (Loss)	-	-	-	-	0.01	-5.62
Other Non Operating Income (Expenses)	-6.67	-6.67	-1.23	-0.41	1.81	-4.21
EBT Excluding Unusual Items	84.08	152.8	171.04	146.88	109.7	21.44
Gain (Loss) on Sale of Investments	0.01	0.01	0.37	4.77	4.18	0.79
Gain (Loss) on Sale of Assets	0.02	0.02	0	0.22	0.17	19.43
Asset Writedown	-0.88	-0.1	-3.38	-2.31	-4.87	-0.05
Other Unusual Items	-3.07	-3.99	2.68	1.35	3.98	13.35
Pretax Income	80.15	148.74	170.72	150.91	113.17	54.97
Income Tax Expense	10	19.9	26.61	19.39	16.14	4.73
Earnings From Continuing Operations	70.15	128.85	144.11	131.52	97.03	50.24
Minority Interest in Earnings	-9.95	-8.55	-4.92	-	-	-
Net Income	60.2	120.29	139.19	131.52	97.03	50.24
Net Income to Common	60.2	120.29	139.19	131.52	97.03	50.24
Net Income Growth	-58.42%	-13.58%	5.83%	35.54%	93.14%	-
Shares Outstanding (Basic)	237	231	236	235	229	218
Shares Outstanding (Diluted)	237	231	240	239	229	218
Shares Change (YoY)	-1.79%	-3.60%	0.36%	4.27%	5.36%	22.86%
EPS (Basic)	0.25	0.52	0.59	0.56	0.42	0.23
EPS (Diluted)	0.25	0.52	0.58	0.55	0.42	0.23
EPS Growth	-57.67%	-10.35%	5.46%	29.99%	83.32%	-
Free Cash Flow	-20.4	-41.94	-54.97	-157.07	124.78	106.25
Free Cash Flow Per Share	-0.09	-0.18	-0.23	-0.66	0.54	0.49
Dividend Per Share	0.100	0.100	0.100	0.077	0.059	0.059
Dividend Growth	-	-	30.04%	29.90%	-	-
Gross Margin	60.83%	61.99%	60.43%	59.94%	56.99%	38.65%
Operating Margin	24.16%	34.10%	34.38%	34.47%	30.20%	11.28%
Profit Margin	15.17%	25.03%	27.23%	30.56%	26.93%	15.78%
Free Cash Flow Margin	-5.14%	-8.73%	-10.76%	-36.49%	34.63%	33.37%
EBITDA	107.11	175.08	186.58	159.09	119.13	47.37
EBITDA Margin	27.00%	36.43%	36.51%	36.96%	33.06%	14.88%
D&A For EBITDA	11.24	11.16	10.86	10.74	10.31	11.47
EBIT	95.87	163.91	175.72	148.35	108.83	35.9
EBIT Margin	24.16%	34.10%	34.38%	34.47%	30.20%	11.28%
Effective Tax Rate	12.48%	13.38%	15.58%	12.85%	14.26%	8.60%
Revenue as Reported	396.78	480.65	511.09	430.4	360.3	318.38
Advertising Expenses	-	0.04	-	-	0	0.22

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