China Foods Limited (CHFHY)

China Foods Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	21,492	21,446	20,968	19,784	17,249
Revenue Growth (YoY)	0.21%	2.28%	5.98%	14.70%	0.45%
Cost of Revenue	13,371	13,903	13,470	12,724	10,424
Gross Profit	8,121	7,544	7,498	7,061	6,826
Selling, General & Admin	6,409	6,000	6,045	5,852	5,741
Other Operating Expenses	-131.44	-204.35	-122.35	-148.32	-183.22
Operating Expenses	6,277	5,796	5,923	5,706	5,560
Operating Income	1,843	1,748	1,576	1,355	1,265
Interest Expense	-4.75	-4.97	-3.51	-4.49	-25.06
Interest & Investment Income	35.07	24.09	18.83	30.89	11.19
Earnings From Equity Investments	5.25	-	29.89	29.45	35.6
Currency Exchange Gain (Loss)	-1.59	-7.64	-0.49	1.96	-2.97
EBT Excluding Unusual Items	1,877	1,759	1,620	1,413	1,284
Gain (Loss) on Sale of Investments	-	91.61	-	-	-
Gain (Loss) on Sale of Assets	-10.92	-6.93	-5.29	16.2	-4.9
Asset Writedown	-0.16	-	-0.58	-6.03	-25.88
Pretax Income	1,866	1,844	1,614	1,423	1,253
Income Tax Expense	443.83	458.43	404.02	348.17	299.96
Earnings From Continuing Operations	1,423	1,386	1,210	1,075	953.26
Net Income to Company	1,423	1,386	1,210	1,075	953.26
Minority Interest in Earnings	-562.04	-552.99	-550.59	-502.27	-454.53
Net Income	860.54	832.58	659.84	572.42	498.73
Net Income to Common	860.54	832.58	659.84	572.42	498.73
Net Income Growth	3.36%	26.18%	15.27%	14.77%	19.38%
Shares Outstanding (Basic)	2,797	2,797	2,797	2,797	2,797
Shares Outstanding (Diluted)	2,797	2,797	2,797	2,797	2,797
EPS (Basic)	0.31	0.30	0.24	0.20	0.18
EPS (Diluted)	0.31	0.30	0.24	0.20	0.18
EPS Growth	3.37%	26.16%	15.29%	14.75%	19.38%
Free Cash Flow	-	1,802	259.17	360.41	1,650
Free Cash Flow Per Share	-	0.64	0.09	0.13	0.59
Dividend Per Share	0.153	0.148	0.117	0.102	0.089
Dividend Growth	3.38%	26.50%	14.71%	14.61%	102.27%
Gross Margin	37.79%	35.17%	35.76%	35.69%	39.57%
Operating Margin	8.58%	8.15%	7.51%	6.85%	7.33%
Profit Margin	4.00%	3.88%	3.15%	2.89%	2.89%
Free Cash Flow Margin	-	8.40%	1.24%	1.82%	9.56%
EBITDA	2,614	2,519	2,189	1,892	1,812
EBITDA Margin	12.16%	11.74%	10.44%	9.56%	10.50%
D&A For EBITDA	770.89	770.89	613.43	537.14	546.56
EBIT	1,843	1,748	1,576	1,355	1,265
EBIT Margin	8.58%	8.15%	7.51%	6.85%	7.33%
Effective Tax Rate	23.78%	24.86%	25.02%	24.47%	23.94%
Advertising Expenses	-	-	-	1,491	1,775

Updated Sep 12, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.