Hebei Yangyuan ZhiHui Beverage Co., Ltd. (SHA: 603156)

Hebei Yangyuan ZhiHui Beverage Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	6,083	6,157	5,919	6,901	4,425	7,456
Other Revenue	18.01	4.69	4.1	4.76	2.34	3.03
Revenue	6,101	6,162	5,923	6,906	4,427	7,459
Revenue Growth (YoY)	-1.20%	4.03%	-14.24%	55.99%	-40.65%	-8.41%
Cost of Revenue	3,257	3,345	3,251	3,545	2,310	3,518
Gross Profit	2,844	2,817	2,672	3,361	2,117	3,941
Selling, General & Admin	831.01	832.17	944.52	1,048	697.13	1,138
Research & Development	59.76	53.06	28.92	30.98	59.2	56.6
Other Operating Expenses	6.59	-48.07	-83.46	48.75	37.06	63.3
Operating Expenses	898.22	835.86	890.12	1,128	793.62	1,258
Operating Income	1,946	1,981	1,782	2,233	1,324	2,683
Interest Expense	-25.83	-21.77	-2.75	-	-	-
Interest & Investment Income	133.86	129.52	85.26	421.37	425.78	528.27
Other Non Operating Income (Expenses)	-54.38	-74.4	-0.21	0.68	-1.63	-0.3
EBT Excluding Unusual Items	1,999	2,014	1,864	2,655	1,748	3,211
Gain (Loss) on Sale of Investments	49.36	-73.63	77.24	20.46	58.77	11.5
Gain (Loss) on Sale of Assets	-0.04	-0.52	-2.87	-3.76	-1.04	-1.16
Asset Writedown	-8.67	-8.67	-	-	-	-4.17
Other Unusual Items	14.3	8.15	10.04	115.71	170.76	142.2
Pretax Income	2,054	1,939	1,948	2,788	1,976	3,359
Income Tax Expense	468.55	471.99	474.06	676.73	398.31	663.61
Earnings From Continuing Operations	1,586	1,467	1,474	2,111	1,578	2,695
Minority Interest in Earnings	0.03	0.03	0.03	-0.02	-	-
Net Income	1,586	1,467	1,474	2,111	1,578	2,695
Net Income to Common	1,586	1,467	1,474	2,111	1,578	2,695
Net Income Growth	-6.29%	-0.46%	-30.16%	33.78%	-41.46%	-4.99%
Shares Outstanding (Basic)	1,265	1,265	1,265	1,265	1,266	1,266
Shares Outstanding (Diluted)	1,265	1,265	1,265	1,265	1,266	1,266
Shares Change (YoY)	-0.03%	0.00%	-0.00%	-0.00%	0.00%	0.69%
EPS (Basic)	1.25	1.16	1.17	1.67	1.25	2.13
EPS (Diluted)	1.25	1.16	1.17	1.67	1.25	2.13
EPS Growth	-6.26%	-0.46%	-30.16%	33.78%	-41.46%	-5.64%
Free Cash Flow	1,393	2,130	960.67	1,973	807.03	1,472
Free Cash Flow Per Share	1.10	1.68	0.76	1.56	0.64	1.16
Dividend Per Share	1.600	1.600	1.800	2.000	1.200	1.667
Dividend Growth	-11.11%	-11.11%	-10.00%	66.67%	-28.00%	-6.66%
Gross Margin	46.61%	45.71%	45.11%	48.66%	47.82%	52.83%
Operating Margin	31.89%	32.15%	30.08%	32.34%	29.90%	35.96%
Profit Margin	25.99%	23.82%	24.89%	30.57%	35.64%	36.13%
Free Cash Flow Margin	22.84%	34.57%	16.22%	28.57%	18.23%	19.74%
EBITDA	2,039	2,075	1,880	2,321	1,404	2,752
EBITDA Margin	33.42%	33.67%	31.75%	33.60%	31.71%	36.89%
D&A For EBITDA	93.74	93.83	98.87	87.51	80.34	69.11
EBIT	1,946	1,981	1,782	2,233	1,324	2,683
EBIT Margin	31.89%	32.15%	30.08%	32.34%	29.90%	35.96%
Effective Tax Rate	22.81%	24.34%	24.33%	24.28%	20.16%	19.76%
Revenue as Reported	6,101	6,162	5,923	6,906	4,427	7,459
Advertising Expenses	-	211.02	312.72	428.04	187.81	443.6

Source: S&P Capital IQ. Standard template. Financial Sources.