Beijing Sanyuan Foods Co., Ltd. (SHA:600429)

Beijing Sanyuan Foods 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	6,289	6,873	7,685	7,822	8,752	7,288
Other Revenue	191.26	139.2	169.79	128.45	98.57	65.45
Revenue	6,480	7,012	7,855	7,951	8,850	7,353
Revenue Growth (YoY)	-13.40%	-10.73%	-1.20%	-10.17%	20.36%	-9.78%
Cost of Revenue	5,085	5,528	6,305	5,964	6,408	5,575
Gross Profit	1,396	1,484	1,550	1,987	2,443	1,778
Selling, General & Admin	1,408	1,477	1,582	1,681	1,668	1,526
Research & Development	102.17	118.8	140.69	182.1	191.76	35.33
Other Operating Expenses	33.61	22.6	52.36	51.05	49.1	41.35
Operating Expenses	1,532	1,616	1,780	1,942	1,905	1,637
Operating Income	-135.93	-131.64	-229.46	44.51	537.54	141
Interest Expense	-73.54	-81.7	-109.93	-184.69	-251.64	-168.63
Interest & Investment Income	297.25	275.63	533.37	191.84	21.46	16.2
Earnings From Equity Investments	-	-	-	-	188.96	63.31
Currency Exchange Gain (Loss)	-1.39	-7.87	-0.1	5.63	2.97	-9.2
Other Non Operating Income (Expenses)	-0.62	1.46	0.65	-4.99	-43.18	-19.57
EBT Excluding Unusual Items	85.77	55.88	194.53	52.31	456.11	23.11
Gain (Loss) on Sale of Investments	1.58	-0.59	34.97	14.06	1.1	-0.02
Gain (Loss) on Sale of Assets	0.17	0.18	-38.65	-99.32	-116.93	-3.71
Asset Writedown	-	-	-5.98	-1.51	-1.6	-
Other Unusual Items	36.88	26.71	49.99	84.21	53.25	52.15
Pretax Income	124.4	82.18	234.86	49.75	391.93	71.53
Income Tax Expense	30.69	26.53	14.62	26.43	55.19	56.13
Earnings From Continuing Operations	93.71	55.65	220.24	23.32	336.74	15.4
Minority Interest in Earnings	16.4	-0.84	22.68	16.96	-38.23	6.66
Net Income	110.12	54.81	242.92	40.28	298.51	22.06
Net Income to Common	110.12	54.81	242.92	40.28	298.51	22.06
Net Income Growth	-28.65%	-77.44%	503.02%	-86.50%	1253.35%	-83.58%
Shares Outstanding (Basic)	1,523	1,523	1,518	1,492	1,500	1,470
Shares Outstanding (Diluted)	1,523	1,523	1,518	1,492	1,500	1,470
Shares Change (YoY)	0.63%	0.28%	1.76%	-0.53%	2.01%	-1.49%
EPS (Basic)	0.07	0.04	0.16	0.03	0.20	0.01
EPS (Diluted)	0.07	0.04	0.16	0.03	0.20	0.01
EPS Growth	-29.10%	-77.50%	492.59%	-86.43%	1226.67%	-83.33%
Free Cash Flow	550.4	250.53	-63.52	-744.49	169.75	362.07
Free Cash Flow Per Share	0.36	0.17	-0.04	-0.50	0.11	0.25
Dividend Per Share	0.012	0.012	0.049	0.008	0.050	0.005
Dividend Growth	-75.51%	-75.51%	512.50%	-84.00%	900.00%	-81.48%
Gross Margin	21.54%	21.16%	19.74%	24.99%	27.60%	24.18%
Operating Margin	-2.10%	-1.88%	-2.92%	0.56%	6.07%	1.92%
Profit Margin	1.70%	0.78%	3.09%	0.51%	3.37%	0.30%
Free Cash Flow Margin	8.49%	3.57%	-0.81%	-9.36%	1.92%	4.92%
EBITDA	50.99	58.54	80.14	571.33	1,089	386.74
EBITDA Margin	0.79%	0.83%	1.02%	7.19%	12.30%	5.26%
D&A For EBITDA	186.93	190.18	309.59	526.83	551.4	245.74
EBIT	-135.93	-131.64	-229.46	44.51	537.54	141
EBIT Margin	-2.10%	-1.88%	-2.92%	0.56%	6.07%	1.92%
Effective Tax Rate	24.67%	32.28%	6.23%	53.12%	14.08%	78.47%
Revenue as Reported	6,480	7,012	7,855	7,951	8,850	7,353
Advertising Expenses	-	249.43	230.22	409	299.49	258.38

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