Zhe Jiang Li Zi Yuan Food Co.,Ltd. (SHA:605337)

Zhe Jiang Li Zi Yuan Food 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,318	1,408	1,404	1,398	1,465	1,088
Other Revenue	6.91	6.91	7.54	5.51	4.95	-
Revenue	1,325	1,415	1,412	1,404	1,470	1,088
Revenue Growth (YoY)	-5.84%	0.22%	0.60%	-4.50%	35.14%	11.60%
Cost of Revenue	806.7	862.88	906.05	947.77	942.4	683.19
Gross Profit	517.87	552.19	505.85	455.78	527.32	404.38
Selling, General & Admin	275.46	287.26	234.35	232.64	227.47	142.82
Research & Development	17.49	19.62	19.34	15.42	14.15	9.42
Other Operating Expenses	14.44	-4.57	-2.99	13.58	0.2	-3.55
Operating Expenses	307.37	302.35	250.7	261.64	241.83	148.68
Operating Income	210.5	249.84	255.16	194.14	285.49	255.71
Interest Expense	-9.18	-7.85	-13.66	-2.41	-0.14	-2.6
Interest & Investment Income	22.27	25.34	39.54	29.11	28.5	2.7
Other Non Operating Income (Expenses)	6.28	-0.38	-0.29	-0.34	-0.2	-0.14
EBT Excluding Unusual Items	229.87	266.96	280.75	220.5	313.65	255.67
Gain (Loss) on Sale of Investments	9.25	2.1	-0.08	0.52	-	-
Gain (Loss) on Sale of Assets	0.05	0.03	-0	0.24	-0	-1.49
Asset Writedown	-5.51	-5.54	-0.09	-0.38	-1	-0.26
Other Unusual Items	36.66	23.27	23.28	59.6	25.51	23.2
Pretax Income	270.33	286.83	303.86	280.49	338.16	277.13
Income Tax Expense	55.88	63.02	66.9	59.45	75.66	62.56
Net Income	214.48	223.8	236.96	221.04	262.49	214.57
Net Income to Common	214.48	223.8	236.96	221.04	262.49	214.57
Net Income Growth	4.55%	-5.55%	7.20%	-15.79%	22.34%	18.12%
Shares Outstanding (Basic)	383	386	395	395	388	296
Shares Outstanding (Diluted)	396	407	409	395	388	296
Shares Change (YoY)	-8.23%	-0.40%	3.51%	1.79%	31.08%	-0.30%
EPS (Basic)	0.56	0.58	0.60	0.56	0.68	0.73
EPS (Diluted)	0.54	0.55	0.58	0.56	0.68	0.73
EPS Growth	13.93%	-5.17%	3.57%	-17.27%	-6.67%	18.47%
Free Cash Flow	117.09	220.65	212.64	68.59	-84.33	132.22
Free Cash Flow Per Share	0.29	0.54	0.52	0.17	-0.22	0.45
Dividend Per Share	0.740	0.500	0.500	0.231	0.247	0.196
Dividend Growth	48.00%	-	116.64%	-6.67%	26.05%	-
Gross Margin	39.10%	39.02%	35.83%	32.47%	35.88%	37.18%
Operating Margin	15.89%	17.66%	18.07%	13.83%	19.43%	23.51%
Profit Margin	16.19%	15.82%	16.78%	15.75%	17.86%	19.73%
Free Cash Flow Margin	8.84%	15.59%	15.06%	4.89%	-5.74%	12.16%
EBITDA	315.03	343.52	334.35	261.79	339.51	295.51
EBITDA Margin	23.78%	24.28%	23.68%	18.65%	23.10%	27.17%
D&A For EBITDA	104.53	93.67	79.2	67.65	54.02	39.8
EBIT	210.5	249.84	255.16	194.14	285.49	255.71
EBIT Margin	15.89%	17.66%	18.07%	13.83%	19.43%	23.51%
Effective Tax Rate	20.67%	21.97%	22.02%	21.20%	22.38%	22.57%
Revenue as Reported	1,325	1,415	1,412	1,404	1,470	1,088
Advertising Expenses	-	106.52	74.96	74.18	60.28	23.62

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