Anhui Kouzi Distillery Co., Ltd. (SHA: 603589)

Anhui Kouzi Distillery 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	5,765	5,849	5,059	4,967	3,962	4,617
Other Revenue	113.17	113.17	75.82	61.78	48.7	54.59
Revenue	5,878	5,962	5,135	5,029	4,011	4,672
Revenue Growth (YoY)	1.02%	16.10%	2.12%	25.37%	-14.15%	9.44%
Cost of Revenue	1,507	1,508	1,346	1,344	1,015	1,183
Gross Profit	4,371	4,454	3,789	3,685	2,996	3,489
Selling, General & Admin	1,221	1,215	949.07	864.89	760.19	605.14
Research & Development	35.36	33.64	24.57	21.56	17.99	5.44
Other Operating Expenses	888.19	901.03	782.08	768.36	615.73	710.06
Operating Expenses	2,145	2,149	1,756	1,655	1,393	1,321
Operating Income	2,227	2,305	2,033	2,030	1,602	2,169
Interest Expense	-1.52	-1.03	-1.53	-0.4	-	-
Interest & Investment Income	38.59	33.51	66.37	54.3	69.72	73.58
Other Non Operating Income (Expenses)	-1.59	-0.68	-0.82	-0.73	-0.64	-0.49
EBT Excluding Unusual Items	2,262	2,337	2,097	2,083	1,671	2,242
Gain (Loss) on Sale of Investments	0.64	7.41	1.34	16.01	16.15	35.24
Gain (Loss) on Sale of Assets	40.11	-	-0.09	261.45	-1.57	-2.07
Asset Writedown	-20.23	-20.23	-	-	-	-
Other Unusual Items	-2.1	3.7	3.81	4.69	-16.52	-2.8
Pretax Income	2,280	2,328	2,102	2,365	1,670	2,272
Income Tax Expense	597.08	606.38	552.28	637.82	393.77	552.12
Net Income	1,683	1,721	1,550	1,727	1,276	1,720
Net Income to Common	1,683	1,721	1,550	1,727	1,276	1,720
Net Income Growth	-0.80%	11.04%	-10.24%	35.38%	-25.84%	12.24%
Shares Outstanding (Basic)	599	600	601	600	599	599
Shares Outstanding (Diluted)	599	600	601	600	599	599
Shares Change (YoY)	-0.11%	-0.18%	0.19%	0.12%	-0.07%	-0.28%
EPS (Basic)	2.81	2.87	2.58	2.88	2.13	2.87
EPS (Diluted)	2.81	2.87	2.58	2.88	2.13	2.87
EPS Growth	-0.70%	11.24%	-10.42%	35.21%	-25.78%	12.55%
Free Cash Flow	631.6	620.61	430.93	185.75	113.83	1,160
Free Cash Flow Per Share	1.05	1.03	0.72	0.31	0.19	1.93
Dividend Per Share	1.500	1.500	1.500	1.500	1.200	1.500
Dividend Growth	0%	0%	0%	25.00%	-20.00%	0%
Gross Margin	74.37%	74.71%	73.79%	73.27%	74.69%	74.69%
Operating Margin	37.88%	38.66%	39.60%	40.36%	39.95%	46.42%
Profit Margin	28.64%	28.87%	30.19%	34.35%	31.80%	36.82%
Free Cash Flow Margin	10.75%	10.41%	8.39%	3.69%	2.84%	24.82%
EBITDA	2,535	2,569	2,238	2,209	1,756	2,304
EBITDA Margin	43.12%	43.09%	43.59%	43.92%	43.78%	49.31%
D&A For EBITDA	308.19	263.87	204.78	178.91	153.68	134.73
EBIT	2,227	2,305	2,033	2,030	1,602	2,169
EBIT Margin	37.88%	38.66%	39.60%	40.36%	39.95%	46.42%
Effective Tax Rate	26.18%	26.05%	26.27%	26.97%	23.59%	24.30%
Revenue as Reported	5,878	5,962	5,135	5,029	4,011	4,672
Advertising Expenses	-	728.92	622.91	563.43	473.46	330.56

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