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

SHA:603317 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,259	3,470	3,145	2,689	2,024	2,364
Other Revenue	6.01	6.01	3.26	1.35	1.61	0.98
Revenue	3,265	3,476	3,149	2,691	2,026	2,365
Revenue Growth (YoY)	0.90%	10.41%	17.02%	32.84%	-14.34%	36.90%
Cost of Revenue	2,001	2,098	1,960	1,773	1,375	1,463
Gross Profit	1,263	1,378	1,189	917.7	650.8	901.55
Selling, General & Admin	632.03	632.42	678.76	535.69	503.28	500.78
Research & Development	34.1	35.86	31.78	31.97	26.21	30.39
Other Operating Expenses	31.7	33.49	27.83	20.94	15.61	19
Operating Expenses	699.95	706.39	738.52	588.75	545.26	550.19
Operating Income	563.55	671.57	450.33	328.94	105.53	351.36
Interest Expense	-	-	-	-0	-0.3	-
Interest & Investment Income	76.4	82.92	81.78	72.62	72.84	50.23
Currency Exchange Gain (Loss)	0.19	0.19	0.02	-0.04	-0.08	-0.05
Other Non Operating Income (Expenses)	-4.01	-3.44	-1.52	-0.62	-0.63	-0.52
EBT Excluding Unusual Items	636.13	751.24	530.62	400.9	177.36	401.02
Gain (Loss) on Sale of Assets	-1.7	-3.24	-3.13	-1.54	-2.76	-5.1
Asset Writedown	-2.09	-	-	0.04	0	-3.33
Other Unusual Items	9.71	9.71	8.06	4.4	41.53	35.46
Pretax Income	642.05	757.71	535.54	403.8	216.13	428.05
Income Tax Expense	96.46	112.98	70.03	63.19	31.74	63.78
Earnings From Continuing Operations	545.59	644.73	465.51	340.61	184.39	364.27
Minority Interest in Earnings	-22.21	-20.09	-8.82	1.09	0.21	-
Net Income	523.39	624.64	456.7	341.7	184.6	364.27
Net Income to Common	523.39	624.64	456.7	341.7	184.6	364.27
Net Income Growth	3.76%	36.77%	33.65%	85.11%	-49.32%	22.66%
Shares Outstanding (Basic)	1,055	1,054	1,050	1,052	1,055	1,019
Shares Outstanding (Diluted)	1,062	1,061	1,060	1,062	1,058	1,020
Shares Change (YoY)	0.24%	0.10%	-0.11%	0.29%	3.76%	3.74%
EPS (Basic)	0.50	0.59	0.43	0.32	0.17	0.36
EPS (Diluted)	0.49	0.59	0.43	0.32	0.17	0.36
EPS Growth	3.51%	36.64%	33.80%	84.58%	-51.16%	18.25%
Free Cash Flow	488.42	667.25	503.51	323.52	-77.04	154.02
Free Cash Flow Per Share	0.46	0.63	0.47	0.30	-0.07	0.15
Dividend Per Share	0.550	0.550	0.400	0.229	0.036	0.149
Dividend Growth	37.50%	37.50%	74.98%	540.34%	-76.01%	29.39%
Gross Margin	38.70%	39.64%	37.76%	34.11%	32.13%	38.13%
Operating Margin	17.26%	19.32%	14.30%	12.22%	5.21%	14.86%
Profit Margin	16.03%	17.97%	14.51%	12.70%	9.11%	15.40%
Free Cash Flow Margin	14.96%	19.19%	15.99%	12.02%	-3.80%	6.51%
EBITDA	637.05	743.43	515.62	377.27	140.05	378.97
EBITDA Margin	19.51%	21.39%	16.38%	14.02%	6.91%	16.03%
D&A For EBITDA	73.5	71.86	65.29	48.33	34.52	27.61
EBIT	563.55	671.57	450.33	328.94	105.53	351.36
EBIT Margin	17.26%	19.32%	14.30%	12.22%	5.21%	14.86%
Effective Tax Rate	15.02%	14.91%	13.08%	15.65%	14.69%	14.90%
Revenue as Reported	3,265	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.