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

SHA:603156 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,023	6,157	5,919	6,901	4,425
Other Revenue	34.71	4.69	4.1	4.76	2.34
Revenue	6,058	6,162	5,923	6,906	4,427
Revenue Growth (YoY)	-1.69%	4.03%	-14.24%	55.99%	-40.65%
Cost of Revenue	3,239	3,345	3,251	3,545	2,310
Gross Profit	2,819	2,817	2,672	3,361	2,117
Selling, General & Admin	787.2	832.17	944.52	1,048	697.13
Research & Development	44.04	53.06	28.92	30.98	59.2
Other Operating Expenses	-55.35	-48.07	-83.46	48.75	37.06
Operating Expenses	777.06	835.86	890.12	1,128	793.62
Operating Income	2,042	1,981	1,782	2,233	1,324
Interest Expense	-11.91	-21.77	-2.75	-	-
Interest & Investment Income	78.12	129.52	85.26	421.37	425.78
Other Non Operating Income (Expenses)	-20.03	-74.4	-0.21	0.68	-1.63
EBT Excluding Unusual Items	2,088	2,014	1,864	2,655	1,748
Gain (Loss) on Sale of Investments	135.98	-73.63	77.24	20.46	58.77
Gain (Loss) on Sale of Assets	-0.18	-0.52	-2.87	-3.76	-1.04
Asset Writedown	-18.35	-8.67	-	-	-
Other Unusual Items	-0.05	8.15	10.04	115.71	170.76
Pretax Income	2,205	1,939	1,948	2,788	1,976
Income Tax Expense	483.27	471.99	474.06	676.73	398.31
Earnings From Continuing Operations	1,722	1,467	1,474	2,111	1,578
Minority Interest in Earnings	0.01	0.03	0.03	-0.02	-
Net Income	1,722	1,467	1,474	2,111	1,578
Net Income to Common	1,722	1,467	1,474	2,111	1,578
Net Income Growth	17.35%	-0.46%	-30.16%	33.78%	-41.46%
Shares Outstanding (Basic)	1,263	1,265	1,265	1,265	1,266
Shares Outstanding (Diluted)	1,263	1,265	1,265	1,265	1,266
Shares Change (YoY)	-0.21%	0.00%	-0.00%	-0.00%	0.00%
EPS (Basic)	1.36	1.16	1.17	1.67	1.25
EPS (Diluted)	1.36	1.16	1.17	1.67	1.25
EPS Growth	17.59%	-0.46%	-30.16%	33.78%	-41.46%
Free Cash Flow	1,393	2,130	960.67	1,973	807.03
Free Cash Flow Per Share	1.10	1.68	0.76	1.56	0.64
Dividend Per Share	1.360	1.600	1.800	2.000	1.200
Dividend Growth	-15.00%	-11.11%	-10.00%	66.67%	-28.00%
Gross Margin	46.53%	45.71%	45.11%	48.66%	47.82%
Operating Margin	33.70%	32.15%	30.08%	32.34%	29.90%
Profit Margin	28.43%	23.82%	24.89%	30.56%	35.64%
Free Cash Flow Margin	23.00%	34.57%	16.22%	28.57%	18.23%
EBITDA	2,140	2,075	1,880	2,321	1,404
EBITDA Margin	35.32%	33.68%	31.75%	33.60%	31.71%
D&A For EBITDA	97.85	94.31	98.87	87.51	80.34
EBIT	2,042	1,981	1,782	2,233	1,324
EBIT Margin	33.70%	32.15%	30.08%	32.34%	29.90%
Effective Tax Rate	21.92%	24.34%	24.33%	24.28%	20.16%
Revenue as Reported	6,058	6,162	5,923	6,906	4,427
Advertising Expenses	182.92	211.02	312.72	428.04	187.81

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