KINGFA SCI.&TECH. CO. LTD.

KINGFA SCI.&TECH. CO. LTD. — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	60.5B	47.9B	40.4B	40.2B	35.1B	29.3B	25.3B	23.1B	18.0B	15.7B	16.1B	14.4B	12.2B	11.5B	10.2B	7.1B	7.2B	6.4B	4.7B	3.5B
Revenue Growth %	26.2%	18.6%	0.5%	14.7%	19.7%	15.7%	9.4%	28.6%	14.7%	-2.6%	11.6%	17.9%	6.0%	12.7%	44.0%	-0.8%	11.6%	38.0%	34.7%	--
Total Revenue	60.5B	47.9B	40.4B	40.2B	35.1B	29.3B	25.3B	23.1B	18.0B	15.7B	16.1B	14.4B	12.2B	11.5B	10.2B	7.1B	7.2B	6.4B	4.7B	3.5B
Cost Of Revenue	53.7B	42.2B	34.3B	33.5B	26.0B	24.6B	21.9B	20.0B	14.9B	13.1B	13.8B	12.3B	10.1B	9.4B	8.7B	6.0B	6.2B	5.5B	4.1B	3.1B
+Gross Profit	6.8B	5.8B	6.1B	6.7B	9.0B	4.7B	3.4B	3.1B	3.1B	2.6B	2.3B	2.2B	2.2B	2.2B	1.5B	1.1B	984.0M	909.0M	579.0M	358.0M
Gross Margin %	11.3%	12.0%	15.2%	16.6%	25.8%	16.0%	13.5%	13.6%	17.4%	16.5%	14.3%	15.0%	17.7%	18.7%	14.8%	15.7%	13.7%	14.2%	12.4%	10.4%
Total Operating Cost	60.7B	48.2B	38.9B	38.4B	30.1B	28.1B	25.0B	22.8B	17.3B	15.1B	15.6B	13.7B	11.5B	10.8B	9.7B	6.8B	6.9B	6.0B	4.4B	3.3B
Selling Expenses	848.0M	773.0M	514.0M	565.0M	637.0M	685.0M	671.0M	709.0M	528.0M	427.0M	406.0M	396.0M	391.0M	447.0M	284.0M	239.0M	137.0M	158.0M	97.3M	59.5M
Admin Expenses	1.6B	1.4B	1.2B	1.4B	1.1B	805.0M	717.0M	665.0M	1.4B	1.2B	1.0B	904.0M	788.0M	694.0M	496.0M	398.0M	134.0M	202.0M	141.0M	84.6M
Rd Expenses	2.5B	2.0B	1.5B	1.5B	1.4B	1.2B	1.0B	938.0M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	1.2B	1.1B	1.0B	766.0M	576.0M	644.0M	479.0M	330.0M	306.0M	279.0M	208.0M	136.0M	187.0M	219.0M	191.0M	143.0M	185.0M	67.6M	40.9M	26.3M
+Operating Income	493.0M	191.0M	2.0B	1.9B	5.3B	1.4B	688.0M	676.0M	685.0M	590.0M	451.0M	704.0M	780.0M	980.0M	531.0M	300.0M	219.0M	461.0M	295.0M	185.0M
Operating Margin %	0.8%	0.4%	5.1%	4.8%	15.0%	4.8%	2.7%	2.9%	3.8%	3.8%	2.8%	4.9%	6.4%	8.5%	5.2%	4.2%	3.1%	7.2%	6.3%	5.4%
Non Operating Income	20.1M	24.2M	20.8M	43.7M	16.6M	31.5M	24.9M	10.6M	198.0M	197.0M	143.0M	178.0M	140.0M	90.2M	106.0M	29.3M	38.2M	12.0M	6.1M	62,400
Non Operating Expenses	49.9M	51.0M	35.3M	58.7M	74.1M	41.0M	27.2M	52.3M	26.4M	12.1M	12.9M	4.4M	3.3M	5.3M	4.7M	668,900	7.8M	387,400	493,100	1.5M
Investment Income	72.9M	17.5M	67.5M	-10.4M	31.8M	54.3M	-4.1M	81.9M	34.7M	15.8M	-13.0M	13.6M	9.8M	217.0M	-585,400	-400,100	-7.0M	--	--	--
Fair Value Change Income	4.5M	-3.2M	699,300	10.3M	-7.7M	-3.2M	--	--	--	--	--	--	--	-2,300	66,800	-112,700	112,700	-3.6M	--	--
Asset Disposal Income	-3.0M	-1.5M	157.0M	-122.0M	-2.5M	-1.5M	6.7M	-1.1M	267,800	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	540.0M	423.0M	434.0M	486.0M	21.0M	64.6M	79.4M	56.6M	106.0M	50.7M	152.0M	15.4M	23.8M	22.6M	11.9M	17.0M	281.0M	9.5M	671,100	--
Other Income	561.0M	447.0M	311.0M	281.0M	244.0M	195.0M	340.0M	263.0M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	464.0M	164.0M	2.0B	1.9B	5.2B	1.4B	686.0M	635.0M	856.0M	775.0M	581.0M	877.0M	917.0M	1.1B	633.0M	328.0M	249.0M	473.0M	300.0M	183.0M
Income Tax	225.0M	95.3M	27.5M	245.0M	594.0M	137.0M	61.1M	83.3M	120.0M	82.4M	98.6M	127.0M	142.0M	127.0M	62.9M	42.9M	-23.7M	73.2M	43.9M	17.9M
+Net Income	239.0M	68.7M	2.0B	1.7B	4.6B	1.3B	625.0M	552.0M	736.0M	692.0M	482.0M	751.0M	775.0M	938.0M	570.0M	285.0M	273.0M	400.0M	256.0M	165.0M
Net Margin %	0.4%	0.1%	4.9%	4.1%	13.1%	4.3%	2.5%	2.4%	4.1%	4.4%	3.0%	5.2%	6.3%	8.1%	5.6%	4.0%	3.8%	6.2%	5.5%	4.8%
Net Income Attributable	825.0M	317.0M	2.0B	1.7B	4.6B	1.2B	624.0M	548.0M	737.0M	712.0M	498.0M	755.0M	777.0M	954.0M	578.0M	286.0M	296.0M	397.0M	253.0M	164.0M
Minority Interest	-586.0M	-248.0M	8.5M	-4.8M	21.8M	19.7M	940,900	3.6M	-847,400	-19.6M	-15.9M	-4.3M	-1.6M	-16.3M	-8.3M	-798,300	-22.9M	3.4M	2.8M	1.7M
Eps Basic	0.31	0.12	0.77	0.65	1.78	0.47	0.23	0.20	0.29	0.28	0.19	0.29	0.30	0.43	0.41	0.20	0.21	0.31	0.40	0.81
Eps Diluted	0.31	0.12	0.77	0.65	1.78	0.47	0.23	0.20	0.29	0.28	0.19	0.29	0.30	0.42	0.41	0.20	0.21	0.29	0.40	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	3.5B	3.7B	4.0B	4.0B	3.9B	2.9B	1.5B	1.3B	1.8B	968.0M	1.4B	1.7B	2.1B	913.0M	1.3B	1.2B	742.0M	958.0M	504.0M	211.0M
Trading Financial Assets	35.3M	20.3M	456,300	--	--	15.5M	--	--	--	--	--	--	--	52.7M	497,600	--	1.3M	3.7M	--	--
Accounts Receivable	8.5B	7.3B	5.3B	5.4B	4.1B	3.9B	4.7B	4.6B	3.9B	3.1B	2.9B	2.7B	2.5B	2.2B	1.9B	1.6B	1.0B	1.3B	796.0M	611.0M
Notes Receivable	383.0M	3.0B	2.1B	2.3B	39.9M	50.1M	1.0B	1.0B	827.0M	727.0M	887.0M	1.1B	942.0M	1.1B	698.0M	777.0M	643.0M	447.0M	222.0M	199.0M
Notes And Accounts Receivable	8.9B	10.3B	7.4B	7.7B	4.2B	4.0B	5.7B	5.6B	4.8B	3.9B	3.8B	3.8B	3.5B	3.3B	2.6B	2.4B	1.7B	1.8B	1.0B	810.0M
Prepayments	647.0M	430.0M	419.0M	401.0M	369.0M	441.0M	342.0M	456.0M	525.0M	351.0M	395.0M	355.0M	342.0M	539.0M	308.0M	227.0M	243.0M	153.0M	129.0M	29.9M
Inventory	7.4B	6.0B	5.5B	5.2B	4.0B	3.3B	3.0B	3.4B	3.4B	2.6B	3.0B	3.0B	3.0B	2.5B	2.9B	2.3B	2.2B	2.2B	709.0M	548.0M
Total Current Assets	23.9B	23.3B	20.5B	19.7B	14.7B	12.7B	11.2B	11.3B	11.2B	8.3B	9.0B	9.1B	9.2B	7.4B	7.2B	6.2B	4.9B	5.2B	2.4B	1.6B
Long Term Equity Investment	809.0M	793.0M	804.0M	1.2B	1.6B	1.6B	2.1B	752.0M	597.0M	121.0M	35.6M	28.1M	45.3M	41.2M	37.1M	15.7M	2.1M	--	--	--
Fixed Assets	--	20.5B	12.0B	11.9B	10.9B	11.0B	6.5B	6.4B	5.1B	3.8B	2.7B	2.6B	2.2B	1.5B	1.3B	1.3B	745.0M	587.0M	382.0M	241.0M
Fixed Assets Total	21.2B	20.5B	12.0B	11.9B	10.9B	11.0B	6.5B	6.4B	5.1B	3.8B	2.7B	2.6B	2.2B	1.5B	1.3B	1.3B	745.0M	587.0M	382.0M	241.0M
Construction In Progress	--	8.1B	13.2B	8.2B	1.3B	570.0M	445.0M	106.0M	1.1B	346.0M	435.0M	362.0M	232.0M	426.0M	142.0M	16.8M	242.0M	69.5M	104.0M	172.0M
Construction In Progress Total	7.3B	8.2B	13.3B	8.5B	1.3B	570.0M	445.0M	106.0M	1.1B	367.0M	458.0M	384.0M	253.0M	441.0M	147.0M	16.8M	242.0M	69.5M	104.0M	172.0M
Intangible Assets	3.5B	3.6B	3.4B	3.0B	2.4B	2.3B	1.6B	1.6B	1.7B	1.6B	1.1B	921.0M	846.0M	747.0M	598.0M	393.0M	168.0M	135.0M	31.2M	8.6M
Long Term Deferred Expenses	580.0M	527.0M	374.0M	183.0M	134.0M	87.7M	89.5M	41.7M	12.8M	10.5M	10.3M	4.6M	4.2M	3.5M	4.0M	--	--	--	--	269,500
Total Non Current Assets	37.9B	38.3B	34.9B	28.6B	17.8B	16.5B	11.3B	9.4B	9.1B	6.4B	4.7B	4.2B	3.5B	2.8B	2.2B	1.8B	1.3B	804.0M	519.0M	423.0M
Total Assets	61.8B	61.6B	55.4B	48.3B	32.5B	29.2B	22.5B	20.8B	20.3B	14.7B	13.7B	13.3B	12.7B	10.2B	9.4B	8.0B	6.2B	6.0B	2.9B	2.0B
Short Term Borrowings	6.6B	5.7B	3.1B	3.3B	2.6B	6.9B	5.8B	3.0B	2.2B	1.6B	2.4B	2.1B	653.0M	1.0B	909.0M	735.0M	555.0M	1.1B	459.0M	190.0M
Accounts Payable	7.4B	6.2B	5.5B	4.4B	2.9B	2.8B	1.8B	2.3B	2.8B	1.5B	1.4B	1.5B	1.1B	1.3B	1.2B	998.0M	506.0M	836.0M	482.0M	361.0M
Advance Receipts	--	--	--	--	--	276.0M	210.0M	263.0M	277.0M	233.0M	293.0M	237.0M	242.0M	232.0M	413.0M	169.0M	204.0M	208.0M	54.9M	61.7M
Contract Liabilities	538.0M	335.0M	407.0M	357.0M	423.0M	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	21.4B	23.3B	21.0B	17.4B	9.6B	12.3B	8.9B	7.1B	6.6B	4.1B	4.9B	4.4B	3.9B	3.5B	3.5B	2.9B	2.0B	3.1B	1.6B	1.0B
Long Term Borrowings	18.5B	17.0B	13.0B	12.5B	6.2B	5.0B	118.0M	401.0M	762.0M	449.0M	200.0M	469.0M	387.0M	559.0M	775.0M	685.0M	200.0M	210.0M	25.0M	20.0M
Total Non Current Liabilities	19.8B	20.3B	16.1B	14.1B	7.8B	6.2B	3.2B	3.6B	3.9B	2.2B	687.0M	872.0M	748.0M	1.9B	2.1B	1.8B	1.2B	210.0M	25.0M	32.3M
Total Liabilities	41.2B	43.7B	37.1B	31.6B	17.4B	18.5B	12.1B	10.7B	10.5B	6.3B	5.6B	5.3B	4.6B	5.4B	5.6B	4.7B	3.2B	3.3B	1.6B	1.1B
Paid In Capital	2.6B	2.7B	2.7B	2.6B	2.6B	2.6B	2.7B	2.7B	2.7B	2.6B	2.6B	2.6B	2.6B	1.4B	1.4B	1.4B	1.4B	660.0M	319.0M	227.0M
Capital Reserve	4.7B	3.6B	3.4B	2.9B	2.9B	2.9B	3.5B	3.5B	3.5B	2.8B	2.8B	3.1B	3.0B	772.0M	477.0M	486.0M	486.0M	1.0B	354.0M	389.0M
Surplus Reserve	1.3B	1.3B	1.3B	935.0M	754.0M	570.0M	545.0M	490.0M	467.0M	409.0M	401.0M	376.0M	336.0M	299.0M	206.0M	170.0M	150.0M	122.0M	91.5M	69.3M
Retained Earnings	9.9B	9.4B	9.7B	8.6B	8.6B	4.5B	3.5B	3.2B	3.0B	2.5B	2.2B	2.0B	1.8B	2.1B	1.3B	936.0M	810.0M	686.0M	480.0M	259.0M
Minority Equity	2.7B	1.6B	1.8B	1.7B	174.0M	167.0M	120.0M	122.0M	74.4M	75.8M	185.0M	236.0M	237.0M	239.0M	343.0M	343.0M	136.0M	159.0M	28.1M	25.3M
Equity Attributable	18.0B	16.3B	16.5B	15.0B	14.8B	10.5B	10.2B	9.9B	9.7B	8.3B	8.0B	7.8B	7.8B	4.5B	3.4B	3.0B	2.8B	2.5B	1.2B	945.0M
Total Equity	20.6B	17.9B	18.3B	16.7B	15.0B	10.7B	10.4B	10.0B	9.7B	8.4B	8.2B	8.0B	8.1B	4.8B	3.8B	3.3B	3.0B	2.7B	1.3B	970.0M

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	54.0B	44.9B	35.9B	35.0B	33.2B	27.0B	20.9B	19.7B	15.9B	14.1B	14.2B	11.9B	10.3B	9.6B	9.6B	6.8B	7.3B	6.1B	4.6B	3.5B
Tax Refunds Received	576.0M	603.0M	742.0M	186.0M	115.0M	135.0M	134.0M	11.5M	7.2M	55.2M	43.4M	34.8M	20.5M	27.0M	14.7M	37.4M	10.9M	2.4M	3.6M	--
Total Operating Cash Inflow	55.4B	46.2B	37.2B	35.9B	34.1B	27.8B	21.6B	20.4B	16.6B	14.8B	14.6B	12.3B	10.7B	10.5B	10.1B	7.0B	7.4B	6.2B	4.7B	3.5B
Cash Paid For Goods	47.5B	38.9B	30.0B	29.0B	23.0B	22.3B	18.8B	17.9B	13.8B	11.5B	12.2B	10.5B	9.3B	8.7B	8.6B	6.0B	6.8B	6.6B	4.2B	3.2B
Cash Paid To Employees	3.0B	2.5B	2.0B	2.1B	1.7B	1.1B	1.0B	913.0M	774.0M	563.0M	480.0M	409.0M	326.0M	251.0M	223.0M	142.0M	133.0M	94.3M	65.9M	43.8M
Taxes Paid	800.0M	985.0M	771.0M	1.1B	1.4B	687.0M	472.0M	600.0M	525.0M	533.0M	458.0M	340.0M	411.0M	301.0M	214.0M	150.0M	209.0M	144.0M	89.8M	61.2M
Total Operating Cash Outflow	52.6B	43.8B	33.8B	33.7B	27.8B	25.0B	21.2B	20.2B	15.8B	13.2B	13.6B	11.6B	10.4B	10.0B	9.6B	6.6B	7.5B	7.0B	4.4B	3.4B
Operating Cash Flow	2.8B	2.4B	3.4B	2.2B	6.2B	2.7B	390.0M	212.0M	781.0M	1.5B	1.0B	643.0M	200.0M	483.0M	575.0M	368.0M	-110.0M	-850.0M	243.0M	100.0M
Total Investing Cash Inflow	99.7M	39.1M	442.0M	69.0M	711.0M	361.0M	323.0M	533.0M	738.0M	793.0M	340.0M	386.0M	71.3M	238.0M	11.3M	2.5M	11.9M	303,500	184,800	354,800
Total Investing Cash Outflow	2.4B	4.5B	7.3B	7.7B	3.5B	5.2B	2.6B	1.4B	3.1B	2.6B	1.2B	1.1B	835.0M	934.0M	538.0M	468.0M	537.0M	288.0M	160.0M	159.0M
Investing Cash Flow	-2.3B	-4.4B	-6.8B	-7.6B	-2.8B	-4.8B	-2.2B	-896.0M	-2.4B	-1.8B	-877.0M	-751.0M	-763.0M	-696.0M	-527.0M	-465.0M	-525.0M	-287.0M	-160.0M	-159.0M
Cash From Borrowings	17.2B	20.4B	13.2B	16.0B	10.2B	14.6B	9.1B	8.5B	6.1B	4.9B	5.5B	4.9B	3.0B	2.5B	1.6B	1.6B	859.0M	1.4B	633.0M	300.0M
Dividends And Interest Paid	1.2B	1.8B	1.4B	2.1B	810.0M	759.0M	533.0M	532.0M	435.0M	366.0M	394.0M	655.0M	586.0M	327.0M	316.0M	254.0M	214.0M	143.0M	37.2M	62.8M
Debt Repayments	16.1B	14.7B	9.0B	9.1B	11.8B	9.9B	6.4B	7.8B	5.0B	5.7B	5.4B	4.3B	3.6B	2.4B	1.3B	961.0M	1.4B	614.0M	386.0M	297.0M
Total Financing Cash Inflow	17.7B	20.8B	14.3B	16.9B	10.2B	14.6B	9.1B	8.5B	8.0B	5.9B	5.5B	4.9B	5.9B	2.6B	1.7B	1.6B	2.1B	2.4B	633.0M	312.0M
Total Financing Cash Outflow	17.9B	19.3B	11.1B	11.3B	12.6B	11.4B	7.0B	8.4B	5.5B	6.1B	5.9B	5.3B	4.1B	2.8B	1.6B	1.2B	1.7B	768.0M	423.0M	359.0M
Financing Cash Flow	-240.0M	1.5B	3.2B	5.7B	-2.4B	3.3B	2.1B	156.0M	2.5B	-196.0M	-410.0M	-383.0M	1.8B	-188.0M	156.0M	410.0M	431.0M	1.6B	210.0M	-47.1M
Net Change In Cash	254.0M	-585.0M	-69.2M	232.0M	931.0M	1.2B	300.0M	-537.0M	912.0M	-455.0M	-298.0M	-486.0M	1.2B	-409.0M	198.0M	310.0M	-216.0M	454.0M	293.0M	-106.0M
Ending Cash Balance	3.5B	3.2B	3.8B	3.9B	3.6B	2.7B	1.5B	1.2B	1.7B	834.0M	1.3B	1.6B	2.1B	848.0M	1.3B	1.1B	742.0M	958.0M	504.0M	--
Capex	2.4B	4.3B	7.1B	6.3B	2.8B	1.3B	1.2B	1.2B	1.8B	1.6B	889.0M	763.0M	555.0M	844.0M	497.0M	414.0M	376.0M	230.0M	160.0M	159.0M