Xiamen Yan Palace Bird's Nest Industry Co., Ltd. (HKG:1497)

HKG:1497 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,005	2,050	1,964	1,730	1,507	1,301
Revenue	2,005	2,050	1,964	1,730	1,507	1,301
Revenue Growth (YoY)	-3.24%	4.37%	13.54%	14.79%	15.82%	36.89%
Cost of Revenue	978.78	1,037	969.32	851.69	780.21	745.45
Gross Profit	1,026	1,013	994.92	878.25	726.78	555.71
Selling, General & Admin	782.31	810.12	722.79	615.42	506.97	393.82
Research & Development	27.54	28.54	26.38	24.32	18.98	17.68
Other Operating Expenses	-33.04	-31.95	-26.66	-23.97	-28.28	-15.34
Operating Expenses	776.81	806.71	722.52	615.78	497.68	396.16
Operating Income	249.69	206.05	272.4	262.48	229.11	159.55
Interest Expense	-6.62	-6.95	-2.92	-1.64	-3.34	-4.88
Interest & Investment Income	2.3	4.6	3.39	1.95	1.88	4.28
Earnings From Equity Investments	-	-	-	-	-	-0.21
Currency Exchange Gain (Loss)	-1.75	-0.21	-1.67	-	-	-
EBT Excluding Unusual Items	243.61	203.49	271.2	262.79	227.65	158.73
Gain (Loss) on Sale of Investments	4.15	2.81	1.94	1.46	2.36	1.13
Gain (Loss) on Sale of Assets	0.08	0.31	0.19	0.32	0.16	-0.03
Pretax Income	238.66	206.61	273.33	264.57	230.17	159.83
Income Tax Expense	60.82	46.18	61.74	58.69	57.81	36.4
Earnings From Continuing Operations	177.84	160.43	211.59	205.88	172.36	123.43
Minority Interest in Earnings	-4.36	-4.14	-10.37	-14.04	-5.01	-1.41
Net Income	173.48	156.3	201.22	191.84	167.35	122.02
Preferred Dividends & Other Adjustments	-	-	3.73	3.63	2.87	-
Net Income to Common	173.48	156.3	197.49	188.21	164.49	122.02
Net Income Growth	9.64%	-22.33%	4.89%	14.63%	37.16%	54.25%
Shares Outstanding (Basic)	456	461	427	425	421	417
Shares Outstanding (Diluted)	456	461	427	425	421	417
Shares Change (YoY)	2.04%	7.92%	0.44%	1.00%	1.05%	0.08%
EPS (Basic)	0.38	0.34	0.46	0.44	0.39	0.29
EPS (Diluted)	0.38	0.34	0.46	0.44	0.39	0.29
EPS Growth	8.70%	-26.67%	4.47%	13.28%	33.40%	54.13%
Free Cash Flow	348	143.19	99	283.4	188.97	37.27
Free Cash Flow Per Share	0.76	0.31	0.23	0.67	0.45	0.09
Dividend Per Share	0.215	0.215	0.215	-	-	-
Gross Margin	51.19%	49.40%	50.65%	50.77%	48.23%	42.71%
Operating Margin	12.45%	10.05%	13.87%	15.17%	15.20%	12.26%
Profit Margin	8.65%	7.62%	10.05%	10.88%	10.91%	9.38%
Free Cash Flow Margin	17.35%	6.98%	5.04%	16.38%	12.54%	2.86%
EBITDA	308.69	261.96	312.6	280.4	241.9	170
EBITDA Margin	15.39%	12.78%	15.91%	16.21%	16.05%	13.06%
D&A For EBITDA	59	55.91	40.2	17.92	12.79	10.46
EBIT	249.69	206.05	272.4	262.48	229.11	159.55
EBIT Margin	12.45%	10.05%	13.87%	15.17%	15.20%	12.26%
Effective Tax Rate	25.48%	22.35%	22.59%	22.18%	25.12%	22.78%
Advertising Expenses	-	-	-	-	269.01	235.95

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.