Apple Flavor & Fragrance Group Co.,Ltd. (SHA:603020)
China · Delayed Price · Currency is CNY 10.08
-0.12 (-1.18%)
Nov 3, 2026, 11:29 AM CST
SHA:603020 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 2,708 | 2,445 | 2,660 | 2,757 | 3,182 | 3,326 |
Other Revenue | 24.31 | 24.31 | 23.35 | 25.95 | 20.34 | 18.41 |
| 2,732 | 2,470 | 2,684 | 2,783 | 3,202 | 3,345 | |
Revenue Growth | 10.53% | -7.98% | -3.58% | -13.09% | -4.25% | 25.35% |
Cost of Revenue | 2,353 | 2,116 | 2,254 | 2,383 | 2,752 | 2,813 |
Gross Profit | 378.89 | 353.3 | 430.03 | 399.86 | 450.45 | 531.89 |
Selling, General & Admin | 215.16 | 215.97 | 240.67 | 254.57 | 252.62 | 252.57 |
Research & Development | 29.21 | 26.81 | 32.27 | 34.46 | 44.94 | 39.91 |
Other Operating Expenses | 15.47 | 11.99 | 11.45 | 9.93 | 11.2 | -1.76 |
Operating Expenses | 265.03 | 265.78 | 289.56 | 306.63 | 318.62 | 291.91 |
Operating Income | 113.86 | 87.52 | 140.47 | 93.23 | 131.83 | 239.98 |
Interest Expense | -0.26 | -0.88 | -3.94 | -3.26 | -4.74 | -2.88 |
Interest & Investment Income | 7.37 | 32.22 | 93.44 | 28.6 | 19.53 | 8.09 |
Currency Exchange Gain (Loss) | -5.22 | -5.22 | -2.21 | -2.24 | 0.32 | 0.16 |
Other Non Operating Income (Expenses) | 0.46 | -1.4 | -7.85 | -2.66 | -1.29 | -2.34 |
EBT Excluding Unusual Items | 116.21 | 112.24 | 219.91 | 113.67 | 145.64 | 243.02 |
Impairment of Goodwill | - | - | - | - | -1.5 | -1.57 |
Gain (Loss) on Sale of Investments | 9.91 | 28.6 | 9.51 | 17.18 | 17.35 | 73.27 |
Gain (Loss) on Sale of Assets | -0.1 | 0.17 | 5.96 | -0.94 | 0.21 | 0.09 |
Asset Writedown | -0.91 | -0 | -0.2 | -1.56 | -0.75 | -8.03 |
Other Unusual Items | 15.02 | 12.55 | 11.09 | 13.53 | 4.35 | 0 |
Pretax Income | 140.12 | 153.57 | 246.27 | 141.88 | 165.31 | 306.78 |
Income Tax Expense | 39.29 | 36.32 | 55.21 | 30.49 | 40.66 | 60.12 |
Earnings From Continuing Operations | 100.83 | 117.25 | 191.06 | 111.39 | 124.65 | 246.66 |
Minority Interest in Earnings | -27.89 | -30.5 | -31.98 | -20.62 | -14.62 | -44.06 |
Net Income | 72.94 | 86.75 | 159.08 | 90.77 | 110.02 | 202.6 |
Net Income to Common | 72.94 | 86.75 | 159.08 | 90.77 | 110.02 | 202.6 |
Net Income Growth | -59.98% | -45.47% | 75.25% | -17.50% | -45.70% | 19.02% |
Shares Outstanding (Basic) | 376 | 376 | 376 | 376 | 380 | 331 |
Shares Outstanding (Diluted) | 376 | 376 | 376 | 376 | 380 | 331 |
Shares Change | 0.02% | 0.02% | -0.02% | -1.21% | 15.07% | 3.29% |
EPS (Basic) | 0.19 | 0.23 | 0.42 | 0.24 | 0.29 | 0.61 |
EPS (Diluted) | 0.19 | 0.23 | 0.42 | 0.24 | 0.29 | 0.61 |
EPS Growth | -59.99% | -45.48% | 75.29% | -16.49% | -52.81% | 15.23% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -52.21 | -3.38 | 130.35 | 74.46 | -118.62 | -187.99 |
Free Cash Flow Per Share | -0.14 | -0.01 | 0.35 | 0.20 | -0.31 | -0.57 |
Dividend Per Share | 0.100 | 0.100 | 0.180 | 0.100 | 0.060 | 0.150 |
Dividend Growth | -44.44% | -44.44% | 80.00% | 66.67% | -60.00% | -6.25% |
Gross Margin | 13.87% | 14.31% | 16.02% | 14.37% | 14.07% | 15.90% |
Operating Margin | 4.17% | 3.54% | 5.23% | 3.35% | 4.12% | 7.17% |
Profit Margin | 2.67% | 3.51% | 5.93% | 3.26% | 3.44% | 6.06% |
Free Cash Flow Margin | -1.91% | -0.14% | 4.86% | 2.67% | -3.70% | -5.62% |
EBITDA | 170.31 | 153.12 | 218.28 | 155.26 | 181.5 | 282.66 |
EBITDA Margin | 6.23% | 6.20% | 8.13% | 5.58% | 5.67% | 8.45% |
D&A For EBITDA | 56.45 | 65.6 | 77.81 | 62.03 | 49.68 | 42.68 |
EBIT | 113.86 | 87.52 | 140.47 | 93.23 | 131.83 | 239.98 |
EBIT Margin | 4.17% | 3.54% | 5.23% | 3.35% | 4.12% | 7.17% |
Effective Tax Rate | 28.04% | 23.65% | 22.42% | 21.49% | 24.60% | 19.60% |
Revenue as Reported | 616.17 | 2,470 | 2,684 | 2,783 | 3,202 | 3,345 |