Beijing Tongrentang Co., Ltd (SHA:600085)

Beijing Tongrentang 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
Operating Revenue	18,488	17,751	15,290	14,500	12,725
Other Revenue	109.71	110.21	82.21	103.22	100.46
Revenue	18,597	17,861	15,372	14,603	12,826
Revenue Growth (YoY)	4.12%	16.19%	5.27%	13.86%	-3.40%
Cost of Revenue	10,508	9,557	7,982	7,885	6,921
Gross Profit	8,089	8,304	7,390	6,718	5,905
Selling, General & Admin	5,043	4,922	4,386	4,054	3,688
Research & Development	267.9	277.17	215.4	174.4	131.8
Other Operating Expenses	71.04	146.43	164.88	158.06	138.88
Operating Expenses	5,389	5,355	4,760	4,393	3,997
Operating Income	2,700	2,949	2,630	2,325	1,908
Interest Expense	-133.76	-102.21	-111.4	-127.35	-53.24
Interest & Investment Income	232.5	225.81	126.79	122.3	105.39
Currency Exchange Gain (Loss)	-3.78	4.01	4.84	-1.74	-2.19
Other Non Operating Income (Expenses)	-19.12	-18.27	-12.68	-17.77	-13.19
EBT Excluding Unusual Items	2,776	3,059	2,637	2,301	1,945
Impairment of Goodwill	-	-	-	-0.9	-1.23
Gain (Loss) on Sale of Investments	0.08	-1.03	-0.11	-	-
Gain (Loss) on Sale of Assets	5.02	-5.17	0.13	0.43	12.59
Asset Writedown	-2.21	-	-2.43	-13.72	-9.25
Other Unusual Items	26.79	28.13	81.92	40.67	36.27
Pretax Income	2,805	3,081	2,717	2,327	1,983
Income Tax Expense	525.05	497.43	512.86	436.51	366.55
Earnings From Continuing Operations	2,280	2,583	2,204	1,891	1,616
Minority Interest in Earnings	-754.06	-914.39	-776.74	-663.39	-584.92
Net Income	1,526	1,669	1,427	1,227	1,031
Net Income to Common	1,526	1,669	1,427	1,227	1,031
Net Income Growth	-8.54%	16.92%	16.29%	19.00%	4.67%
Shares Outstanding (Basic)	1,371	1,371	1,371	1,371	1,372
Shares Outstanding (Diluted)	1,371	1,371	1,371	1,371	1,372
Shares Change (YoY)	0.00%	0.01%	-0.02%	-0.02%	0.07%
EPS (Basic)	1.11	1.22	1.04	0.90	0.75
EPS (Diluted)	1.11	1.22	1.04	0.90	0.75
EPS Growth	-8.55%	16.91%	16.31%	19.02%	4.59%
Free Cash Flow	241.43	1,545	2,764	2,955	1,024
Free Cash Flow Per Share	0.18	1.13	2.02	2.15	0.75
Dividend Per Share	1.000	0.500	0.320	0.290	0.270
Dividend Growth	100.00%	56.25%	10.35%	7.41%	-64.47%
Gross Margin	43.49%	46.49%	48.08%	46.01%	46.04%
Operating Margin	14.52%	16.51%	17.11%	15.92%	14.87%
Profit Margin	8.21%	9.34%	9.29%	8.40%	8.04%
Free Cash Flow Margin	1.30%	8.65%	17.98%	20.24%	7.98%
EBITDA	3,047	3,300	2,965	2,647	2,251
EBITDA Margin	16.39%	18.48%	19.29%	18.12%	17.55%
D&A For EBITDA	347.58	350.48	335.56	321.17	342.9
EBIT	2,700	2,949	2,630	2,325	1,908
EBIT Margin	14.52%	16.51%	17.11%	15.92%	14.87%
Effective Tax Rate	18.72%	16.15%	18.88%	18.76%	18.49%
Revenue as Reported	18,597	17,861	15,372	14,603	12,826
Advertising Expenses	262.21	340.59	217.93	137.61	79.93

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