Qingdao Kutesmart Co.,Ltd. (SHE:300840)

Qingdao Kutesmart 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	662.64	693.92	729.76	596.1	565.98	600.74
Other Revenue	14.65	14.65	17.17	20.28	26.97	25.05
Revenue	677.29	708.57	746.93	616.38	592.95	625.79
Revenue Growth (YoY)	-7.44%	-5.14%	21.18%	3.95%	-5.25%	16.94%
Cost of Revenue	419.31	455.45	440.6	372.24	381.77	445.94
Gross Profit	257.97	253.11	306.33	244.14	211.18	179.86
Selling, General & Admin	158.02	133.8	136.84	119.05	125.97	114.32
Research & Development	30.57	33.07	43.07	40.21	21.78	12.67
Other Operating Expenses	7.23	9.05	8.68	8.17	7.87	8.76
Operating Expenses	201.54	178.78	189.57	167.12	155.1	135.49
Operating Income	56.43	74.34	116.76	77.03	56.09	44.37
Interest Expense	-10.58	-5.5	-11	-8.02	-1.75	-
Interest & Investment Income	-	116.64	23.37	14.87	10.73	6.38
Currency Exchange Gain (Loss)	2.99	2.99	0.15	0.52	-0.88	-0.56
Other Non Operating Income (Expenses)	-2.43	-0.16	-0.15	-0.4	-0.13	0.19
EBT Excluding Unusual Items	46.41	188.32	129.13	84	64.06	50.39
Gain (Loss) on Sale of Investments	-30.51	0.35	0.53	-0.51	2.4	-
Gain (Loss) on Sale of Assets	-31.26	-48.45	-0.98	3.87	0.15	-0.51
Asset Writedown	0.78	0	-15.26	-2.66	-	-4.49
Other Unusual Items	5.21	5.61	5.56	8.31	9.57	12.87
Pretax Income	-9.38	145.82	118.97	93.01	76.18	58.25
Income Tax Expense	10.59	52.09	11.62	8.35	14.8	10.64
Earnings From Continuing Operations	-19.97	93.73	107.35	84.66	61.38	47.62
Minority Interest in Earnings	-6.01	-5.1	4.43	0.67	-	-
Net Income	-25.98	88.63	111.78	85.33	61.38	47.62
Net Income to Common	-25.98	88.63	111.78	85.33	61.38	47.62
Net Income Growth	-	-20.71%	31.00%	39.01%	28.91%	-30.66%
Shares Outstanding (Basic)	240	240	238	237	236	207
Shares Outstanding (Diluted)	240	240	238	237	236	207
Shares Change (YoY)	0.71%	0.72%	0.34%	0.39%	14.03%	14.56%
EPS (Basic)	-0.11	0.37	0.47	0.36	0.26	0.23
EPS (Diluted)	-0.11	0.37	0.47	0.36	0.26	0.23
EPS Growth	-	-21.28%	30.56%	38.46%	13.04%	-39.47%
Free Cash Flow	-5.82	28.05	-11.86	84.98	43.15	-69.85
Free Cash Flow Per Share	-0.02	0.12	-0.05	0.36	0.18	-0.34
Dividend Per Share	0.100	0.100	0.050	0.036	0.032	0.018
Dividend Growth	100.00%	100.00%	38.89%	12.50%	77.78%	-
Gross Margin	38.09%	35.72%	41.01%	39.61%	35.62%	28.74%
Operating Margin	8.33%	10.49%	15.63%	12.50%	9.46%	7.09%
Profit Margin	-3.84%	12.51%	14.96%	13.84%	10.35%	7.61%
Free Cash Flow Margin	-0.86%	3.96%	-1.59%	13.79%	7.28%	-11.16%
EBITDA	95.61	114.34	157.85	117.59	92.56	81.63
EBITDA Margin	14.12%	16.14%	21.13%	19.08%	15.61%	13.04%
D&A For EBITDA	39.19	40.01	41.1	40.57	36.48	37.25
EBIT	56.43	74.34	116.76	77.03	56.09	44.37
EBIT Margin	8.33%	10.49%	15.63%	12.50%	9.46%	7.09%
Effective Tax Rate	-	35.72%	9.77%	8.98%	19.43%	18.26%
Revenue as Reported	677.29	708.57	746.93	616.38	592.95	625.79
Advertising Expenses	-	5.43	6.51	6.02	10.76	8.39

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