Sichuan Teway Food Group Co.,Ltd (SHA:603317)

SHA:603317 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	3,470	3,145	2,689	2,024	2,364
Other Revenue	6.01	3.26	1.35	1.61	0.98
Revenue	3,476	3,149	2,691	2,026	2,365
Revenue Growth (YoY)	10.41%	17.02%	32.84%	-14.34%	36.90%
Cost of Revenue	2,098	1,960	1,773	1,375	1,463
Gross Profit	1,378	1,189	917.7	650.8	901.55
Selling, General & Admin	632.42	678.76	535.69	503.28	500.78
Research & Development	35.86	31.78	31.97	26.21	30.39
Other Operating Expenses	33.49	27.83	20.94	15.61	19
Operating Expenses	706.39	738.52	588.75	545.26	550.19
Operating Income	671.57	450.33	328.94	105.53	351.36
Interest Expense	-	-	-0	-0.3	-
Interest & Investment Income	82.92	81.78	72.62	72.84	50.23
Currency Exchange Gain (Loss)	0.19	0.02	-0.04	-0.08	-0.05
Other Non Operating Income (Expenses)	-3.44	-1.52	-0.62	-0.63	-0.52
EBT Excluding Unusual Items	751.24	530.62	400.9	177.36	401.02
Gain (Loss) on Sale of Assets	-3.24	-3.13	-1.54	-2.76	-5.1
Asset Writedown	-	-	0.04	0	-3.33
Other Unusual Items	9.71	8.06	4.4	41.53	35.46
Pretax Income	757.71	535.54	403.8	216.13	428.05
Income Tax Expense	112.98	70.03	63.19	31.74	63.78
Earnings From Continuing Operations	644.73	465.51	340.61	184.39	364.27
Minority Interest in Earnings	-20.09	-8.82	1.09	0.21	-
Net Income	624.64	456.7	341.7	184.6	364.27
Net Income to Common	624.64	456.7	341.7	184.6	364.27
Net Income Growth	36.77%	33.65%	85.11%	-49.32%	22.66%
Shares Outstanding (Basic)	1,054	1,050	1,052	1,055	1,019
Shares Outstanding (Diluted)	1,061	1,060	1,062	1,058	1,020
Shares Change (YoY)	0.10%	-0.11%	0.29%	3.76%	3.74%
EPS (Basic)	0.59	0.43	0.32	0.17	0.36
EPS (Diluted)	0.59	0.43	0.32	0.17	0.36
EPS Growth	36.64%	33.80%	84.58%	-51.16%	18.25%
Free Cash Flow	667.25	503.51	323.52	-77.04	154.02
Free Cash Flow Per Share	0.63	0.47	0.30	-0.07	0.15
Dividend Per Share	0.550	0.400	0.229	0.036	0.149
Dividend Growth	37.50%	74.98%	540.34%	-76.01%	29.39%
Gross Margin	39.64%	37.76%	34.11%	32.13%	38.13%
Operating Margin	19.32%	14.30%	12.22%	5.21%	14.86%
Profit Margin	17.97%	14.51%	12.70%	9.11%	15.40%
Free Cash Flow Margin	19.19%	15.99%	12.02%	-3.80%	6.51%
EBITDA	743.43	515.62	377.27	140.05	378.97
EBITDA Margin	21.39%	16.38%	14.02%	6.91%	16.03%
D&A For EBITDA	71.86	65.29	48.33	34.52	27.61
EBIT	671.57	450.33	328.94	105.53	351.36
EBIT Margin	19.32%	14.30%	12.22%	5.21%	14.86%
Effective Tax Rate	14.91%	13.08%	15.65%	14.69%	14.90%
Revenue as Reported	3,476	3,149	2,691	2,026	2,365
Advertising Expenses	-	-	193.21	235.13	298.74

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