Apple Flavor & Fragrance Group Co.,Ltd. (SHA:603020)
China · Delayed Price · Currency is CNY 11.00
+0.20 (1.85%)
At close: Jan 30, 2026
SHA:603020 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 | 2,449 | 2,660 | 2,757 | 3,182 | 3,326 | 2,650 |
Other Revenue | 23.35 | 23.35 | 25.95 | 20.34 | 18.41 | 17.87 |
| 2,472 | 2,684 | 2,783 | 3,202 | 3,345 | 2,668 | |
Revenue Growth (YoY) | -10.10% | -3.58% | -13.09% | -4.25% | 25.35% | 7.82% |
Cost of Revenue | 2,086 | 2,254 | 2,383 | 2,752 | 2,813 | 2,222 |
Gross Profit | 386.35 | 430.03 | 399.86 | 450.45 | 531.89 | 445.97 |
Selling, General & Admin | 214.48 | 240.67 | 254.57 | 252.62 | 252.57 | 205.52 |
Research & Development | 28.33 | 32.27 | 34.46 | 44.94 | 39.91 | 34.03 |
Other Operating Expenses | 9.91 | 11.45 | 9.93 | 11.2 | -1.76 | 9.09 |
Operating Expenses | 255.51 | 289.56 | 306.63 | 318.62 | 291.91 | 249.72 |
Operating Income | 130.84 | 140.47 | 93.23 | 131.83 | 239.98 | 196.24 |
Interest Expense | -1.36 | -3.94 | -3.26 | -4.74 | -2.88 | -2.73 |
Interest & Investment Income | 104.76 | 93.44 | 28.6 | 19.53 | 8.09 | 20.21 |
Currency Exchange Gain (Loss) | -2.21 | -2.21 | -2.24 | 0.32 | 0.16 | -5.72 |
Other Non Operating Income (Expenses) | -7.95 | -7.85 | -2.66 | -1.29 | -2.34 | -0.05 |
EBT Excluding Unusual Items | 224.09 | 219.91 | 113.67 | 145.64 | 243.02 | 207.96 |
Impairment of Goodwill | - | - | - | -1.5 | -1.57 | -16.38 |
Gain (Loss) on Sale of Investments | 29.02 | 9.51 | 17.18 | 17.35 | 73.27 | 30.81 |
Gain (Loss) on Sale of Assets | 0.53 | 5.93 | -0.94 | 0.21 | 0.09 | -0.07 |
Asset Writedown | -0.64 | -0.2 | -1.56 | -0.75 | -8.03 | -0.43 |
Other Unusual Items | 10.69 | 11.12 | 13.53 | 4.35 | 0 | 17.45 |
Pretax Income | 263.7 | 246.27 | 141.88 | 165.31 | 306.78 | 239.33 |
Income Tax Expense | 51.31 | 55.21 | 30.49 | 40.66 | 60.12 | 46.62 |
Earnings From Continuing Operations | 212.38 | 191.06 | 111.39 | 124.65 | 246.66 | 192.71 |
Minority Interest in Earnings | -30.12 | -31.98 | -20.62 | -14.62 | -44.06 | -22.48 |
Net Income | 182.26 | 159.08 | 90.77 | 110.02 | 202.6 | 170.24 |
Net Income to Common | 182.26 | 159.08 | 90.77 | 110.02 | 202.6 | 170.24 |
Net Income Growth | 103.71% | 75.25% | -17.50% | -45.70% | 19.02% | 12.15% |
Shares Outstanding (Basic) | 376 | 376 | 376 | 380 | 331 | 320 |
Shares Outstanding (Diluted) | 376 | 376 | 376 | 380 | 331 | 320 |
Shares Change (YoY) | 0.01% | -0.02% | -1.21% | 15.07% | 3.29% | -0.01% |
EPS (Basic) | 0.49 | 0.42 | 0.24 | 0.29 | 0.61 | 0.53 |
EPS (Diluted) | 0.49 | 0.42 | 0.24 | 0.29 | 0.61 | 0.53 |
EPS Growth | 103.70% | 75.29% | -16.49% | -52.81% | 15.23% | 12.16% |
Free Cash Flow | 27.19 | 130.35 | 74.46 | -118.62 | -187.99 | 80.76 |
Free Cash Flow Per Share | 0.07 | 0.35 | 0.20 | -0.31 | -0.57 | 0.25 |
Dividend Per Share | 0.180 | 0.180 | 0.100 | 0.060 | 0.150 | 0.160 |
Dividend Growth | 80.00% | 80.00% | 66.67% | -60.00% | -6.25% | 6.67% |
Gross Margin | 15.63% | 16.02% | 14.37% | 14.07% | 15.90% | 16.71% |
Operating Margin | 5.29% | 5.23% | 3.35% | 4.12% | 7.17% | 7.36% |
Profit Margin | 7.37% | 5.93% | 3.26% | 3.44% | 6.06% | 6.38% |
Free Cash Flow Margin | 1.10% | 4.86% | 2.67% | -3.70% | -5.62% | 3.03% |
EBITDA | 220.05 | 218.03 | 155.26 | 181.5 | 282.66 | 238.97 |
EBITDA Margin | 8.90% | 8.12% | 5.58% | 5.67% | 8.45% | 8.96% |
D&A For EBITDA | 89.2 | 77.56 | 62.03 | 49.68 | 42.68 | 42.72 |
EBIT | 130.84 | 140.47 | 93.23 | 131.83 | 239.98 | 196.24 |
EBIT Margin | 5.29% | 5.23% | 3.35% | 4.12% | 7.17% | 7.36% |
Effective Tax Rate | 19.46% | 22.42% | 21.49% | 24.60% | 19.60% | 19.48% |
Revenue as Reported | 2,472 | 2,684 | 2,783 | 3,202 | 3,345 | 2,668 |
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.