Chongqing Brewery Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	14,249	14,253	14,459	13,696	12,835	10,625
Other Revenue	391.75	391.75	355.5	342.82	283.98	316.17
Revenue	14,640	14,645	14,815	14,039	13,119	10,942
Revenue Growth (YoY)	-1.41%	-1.15%	5.53%	7.01%	19.90%	7.14%
Cost of Revenue	7,488	7,617	7,617	7,031	6,511	5,791
Gross Profit	7,152	7,028	7,198	7,008	6,608	5,151
Selling, General & Admin	3,145	3,034	3,027	2,861	2,729	2,666
Research & Development	17.57	22.67	26.23	110.75	163.15	84.21
Other Operating Expenses	967.65	950.1	953.87	919.4	889.91	717.91
Operating Expenses	4,141	4,009	4,009	3,888	3,782	3,457
Operating Income	3,010	3,018	3,188	3,119	2,827	1,694
Interest Expense	-6.97	-7.67	-5.92	-3.7	-14.19	-35.82
Interest & Investment Income	52.77	121.24	137.88	133.67	94.16	224.41
Currency Exchange Gain (Loss)	-0.06	-0.06	-0.13	-0.28	0.09	-2.12
Other Non Operating Income (Expenses)	-10.71	-1.41	-4.94	-5.64	-1.12	-12.72
EBT Excluding Unusual Items	3,046	3,130	3,315	3,243	2,905	1,867
Gain (Loss) on Sale of Investments	-1.16	-	0.2	-	1.09	-
Gain (Loss) on Sale of Assets	-2.56	-4.7	-6.22	-2.69	-9.75	18.15
Asset Writedown	-4.08	-6.5	-17.49	-2.54	-4.46	-5.13
Legal Settlements	-254.03	-254.03	-	-	-	-
Other Unusual Items	45.88	45.9	61.92	60.67	49.84	250.31
Pretax Income	2,838	2,920	3,376	3,299	2,942	2,131
Income Tax Expense	772.7	670.55	664.12	711.85	540.06	378.47
Earnings From Continuing Operations	2,066	2,249	2,712	2,587	2,402	1,752
Earnings From Discontinued Operations	-	-	-	-	-2.98	-
Net Income to Company	2,066	2,249	2,712	2,587	2,399	1,752
Minority Interest in Earnings	-1,042	-1,135	-1,375	-1,323	-1,233	-675.48
Net Income	1,024	1,115	1,337	1,264	1,166	1,077
Net Income to Common	1,024	1,115	1,337	1,264	1,166	1,077
Net Income Growth	-22.72%	-16.61%	5.78%	8.35%	8.30%	3.26%
Shares Outstanding (Basic)	485	485	484	484	484	483
Shares Outstanding (Diluted)	485	485	484	484	484	483
Shares Change (YoY)	-0.01%	0.07%	0.03%	0.05%	0.21%	-0.45%
EPS (Basic)	2.11	2.30	2.76	2.61	2.41	2.23
EPS (Diluted)	2.11	2.30	2.76	2.61	2.41	2.23
EPS Growth	-22.71%	-16.67%	5.75%	8.30%	8.07%	3.72%
Free Cash Flow	2,368	1,469	2,178	2,840	2,839	3,130
Free Cash Flow Per Share	4.88	3.03	4.50	5.87	5.87	6.48
Dividend Per Share	2.200	2.400	2.800	2.600	2.000	-
Dividend Growth	-48.84%	-14.29%	7.69%	30.00%	-	-
Gross Margin	48.85%	47.99%	48.58%	49.92%	50.37%	47.07%
Operating Margin	20.56%	20.61%	21.52%	22.22%	21.55%	15.48%
Profit Margin	6.99%	7.61%	9.02%	9.00%	8.89%	9.84%
Free Cash Flow Margin	16.18%	10.03%	14.70%	20.23%	21.64%	28.60%
EBITDA	3,485	3,494	3,666	3,592	3,254	2,108
EBITDA Margin	23.81%	23.86%	24.75%	25.59%	24.81%	19.26%
D&A For EBITDA	474.99	476.1	477.58	472.8	427.9	413.79
EBIT	3,010	3,018	3,188	3,119	2,827	1,694
EBIT Margin	20.56%	20.61%	21.52%	22.22%	21.55%	15.48%
Effective Tax Rate	27.22%	22.96%	19.67%	21.58%	18.36%	17.76%
Revenue as Reported	14,640	14,645	14,815	14,039	13,119	10,942

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