JINHUI LIQUOR Co., Ltd. (SHA:603919)

JINHUI LIQUOR 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	2,935	2,902	2,506	2,012	1,788	1,705
Other Revenue	119.36	119.36	41.66	-	-	25.28
Revenue	3,054	3,021	2,548	2,012	1,788	1,731
Revenue Growth (YoY)	11.87%	18.59%	26.64%	12.49%	3.33%	5.89%
Cost of Revenue	1,183	1,187	959.39	751.48	652.33	652.63
Gross Profit	1,871	1,834	1,588	1,260	1,136	1,078
Selling, General & Admin	879.36	893.86	807.96	634.85	453.93	382.2
Research & Development	59.37	54.35	51.24	50.23	46.97	40.12
Other Operating Expenses	454.31	439.47	369.26	293.38	252.69	227.69
Operating Expenses	1,390	1,388	1,229	978.51	754.48	649.76
Operating Income	481.33	445.65	359.55	281.74	381.59	428.29
Interest Expense	-0.79	-0.83	-1.17	-0.93	-1.62	-3.22
Interest & Investment Income	18.38	20.48	21.79	13.74	9.08	10.8
Earnings From Equity Investments	-0.26	-0.15	-	-	-	-
Other Non Operating Income (Expenses)	2.75	0.5	-0.59	-0.99	-0.2	-12.83
EBT Excluding Unusual Items	501.4	465.65	379.58	293.57	388.85	423.04
Gain (Loss) on Sale of Investments	-	-	-	-	-0.28	-0.77
Gain (Loss) on Sale of Assets	0.39	0.19	0.25	-0.02	-0.78	0.08
Asset Writedown	-0.99	-0.76	-0.83	-	-	-1.21
Other Unusual Items	-0.05	-0.05	0.71	9.33	2.3	0
Pretax Income	500.76	465.04	379.71	302.87	390.09	421.14
Income Tax Expense	109.21	84.56	57.12	23.67	65.42	89.82
Earnings From Continuing Operations	391.56	380.47	322.59	279.2	324.67	331.32
Minority Interest in Earnings	9.34	7.67	6.28	1.04	0.17	-
Net Income	400.9	388.15	328.86	280.24	324.84	331.32
Net Income to Common	400.9	388.15	328.86	280.24	324.84	331.32
Net Income Growth	8.91%	18.03%	17.35%	-13.73%	-1.95%	22.44%
Shares Outstanding (Basic)	503	504	506	510	508	510
Shares Outstanding (Diluted)	503	504	506	510	508	510
Shares Change (YoY)	-0.48%	-0.37%	-0.70%	0.39%	-0.42%	3.60%
EPS (Basic)	0.80	0.77	0.65	0.55	0.64	0.65
EPS (Diluted)	0.80	0.77	0.65	0.55	0.64	0.65
EPS Growth	9.44%	18.46%	18.18%	-14.06%	-1.54%	18.18%
Free Cash Flow	124.26	226.33	383.89	262.12	221.1	194.22
Free Cash Flow Per Share	0.25	0.45	0.76	0.51	0.44	0.38
Dividend Per Share	0.500	0.500	0.389	0.300	0.220	0.240
Dividend Growth	28.54%	28.54%	29.67%	36.36%	-8.33%	28.89%
Gross Margin	61.26%	60.70%	62.34%	62.64%	63.52%	62.29%
Operating Margin	15.76%	14.75%	14.11%	14.01%	21.34%	24.75%
Profit Margin	13.13%	12.85%	12.91%	13.93%	18.16%	19.14%
Free Cash Flow Margin	4.07%	7.49%	15.07%	13.03%	12.36%	11.22%
EBITDA	589.85	554.4	469.19	387.75	485.88	524.68
EBITDA Margin	19.31%	18.35%	18.42%	19.27%	27.17%	30.32%
D&A For EBITDA	108.52	108.74	109.64	106	104.3	96.39
EBIT	481.33	445.65	359.55	281.74	381.59	428.29
EBIT Margin	15.76%	14.75%	14.11%	14.01%	21.34%	24.75%
Effective Tax Rate	21.81%	18.18%	15.04%	7.81%	16.77%	21.33%
Revenue as Reported	3,054	3,021	2,548	2,012	1,788	1,731
Advertising Expenses	-	297.39	267.28	206.53	109.21	98.03

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.