Tongqinglou Catering Co., Ltd. (SHA:605108)

Tongqinglou Catering 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	2,517	2,516	2,124	1,482	1,448	1,180
Other Revenue	9.33	9.33	277.39	188.92	160.55	115.59
Revenue	2,526	2,525	2,401	1,670	1,608	1,296
Revenue Growth (YoY)	-1.04%	5.14%	43.76%	3.86%	24.11%	-11.41%
Cost of Revenue	2,059	2,041	1,762	1,364	1,269	985.73
Gross Profit	467.43	483.79	639.28	306.18	339.24	310.19
Selling, General & Admin	265.95	267.69	263.4	180.44	153.44	92.3
Research & Development	2.57	2.3	2.51	2.22	1.95	0.39
Other Operating Expenses	12.72	10.89	-2.12	-5.4	-6.36	0.47
Operating Expenses	279.51	281.86	264.12	178.61	149.08	93.31
Operating Income	187.93	201.93	375.16	127.57	190.16	216.87
Interest Expense	-66.63	-62.79	-39.91	-28.57	-26.4	-0.94
Interest & Investment Income	0.25	0.53	5.96	16.56	25.85	14.89
Other Non Operating Income (Expenses)	-7.12	-6.41	-3.17	-7.93	-7.09	-1.45
EBT Excluding Unusual Items	114.42	133.26	338.05	107.62	182.52	229.38
Gain (Loss) on Sale of Investments	0.16	0.01	0.55	0.9	4.38	3.06
Gain (Loss) on Sale of Assets	7.62	5.54	50.96	6.73	3.75	59.78
Asset Writedown	-0.41	-0.4	-0.45	-1.79	-0.88	-0.66
Other Unusual Items	5.23	2.75	8.68	9.86	3.6	-43.5
Pretax Income	127.03	141.16	397.78	123.32	193.38	248.05
Income Tax Expense	41.03	41.08	93.67	29.72	49.31	62.94
Net Income	86.01	100.08	304.11	93.6	144.06	185.11
Net Income to Common	86.01	100.08	304.11	93.6	144.06	185.11
Net Income Growth	-71.11%	-67.09%	224.91%	-35.03%	-22.17%	-6.32%
Shares Outstanding (Basic)	256	257	260	260	262	223
Shares Outstanding (Diluted)	256	257	260	260	262	223
Shares Change (YoY)	-2.21%	-1.27%	-0.03%	-0.74%	17.56%	14.50%
EPS (Basic)	0.34	0.39	1.17	0.36	0.55	0.83
EPS (Diluted)	0.34	0.39	1.17	0.36	0.55	0.83
EPS Growth	-70.46%	-66.67%	225.00%	-34.54%	-33.80%	-18.18%
Free Cash Flow	-467.25	-680.34	-573.12	-185.19	-185.18	-41.56
Free Cash Flow Per Share	-1.83	-2.65	-2.21	-0.71	-0.71	-0.19
Dividend Per Share	0.120	0.120	0.410	0.075	0.280	0.077
Dividend Growth	-70.73%	-70.73%	446.67%	-73.21%	264.11%	-
Gross Margin	18.50%	19.16%	26.62%	18.33%	21.09%	23.94%
Operating Margin	7.44%	8.00%	15.62%	7.64%	11.82%	16.73%
Profit Margin	3.40%	3.96%	12.66%	5.60%	8.96%	14.28%
Free Cash Flow Margin	-18.50%	-26.95%	-23.87%	-11.09%	-11.51%	-3.21%
EBITDA	377.68	377.6	494.51	209.45	257.8	260.18
EBITDA Margin	14.95%	14.95%	20.59%	12.54%	16.03%	20.08%
D&A For EBITDA	189.75	175.67	119.35	81.89	67.64	43.3
EBIT	187.93	201.93	375.16	127.57	190.16	216.87
EBIT Margin	7.44%	8.00%	15.62%	7.64%	11.82%	16.73%
Effective Tax Rate	32.30%	29.10%	23.55%	24.10%	25.50%	25.37%
Revenue as Reported	2,526	2,525	2,401	1,670	1,608	1,296
Advertising Expenses	-	60.65	43.45	20.01	20.89	10.8

Updated Oct 25, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.