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

Zhe Jiang Li Zi Yuan Food Co.,Ltd. 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	1,399	1,404	1,398	1,465	1,088	972.7
Other Revenue	7.54	7.54	5.51	4.95	-	1.85
Revenue	1,407	1,412	1,404	1,470	1,088	974.55
Revenue Growth (YoY)	-0.31%	0.60%	-4.50%	35.14%	11.60%	23.82%
Cost of Revenue	872.16	905.79	947.77	942.4	683.19	575.93
Gross Profit	534.56	506.12	455.78	527.32	404.38	398.62
Selling, General & Admin	296.17	234.35	232.64	227.47	142.82	168.61
Research & Development	19.01	19.34	15.42	14.15	9.42	9.48
Other Operating Expenses	32.92	16.86	13.58	0.2	-3.55	-2.82
Operating Expenses	348.22	270.54	261.64	241.83	148.68	175.28
Operating Income	186.34	235.58	194.14	285.49	255.71	223.34
Interest Expense	-11.85	-13.66	-2.41	-0.14	-2.6	-0.11
Interest & Investment Income	35.72	39.54	29.11	28.5	2.7	3.03
Other Non Operating Income (Expenses)	0.53	-0.29	-0.34	-0.2	-0.14	-0.17
EBT Excluding Unusual Items	210.74	261.17	220.5	313.65	255.67	226.09
Gain (Loss) on Sale of Investments	0.25	-0.08	0.52	-	-	-
Gain (Loss) on Sale of Assets	0.01	-0	0.24	-0	-1.49	0
Asset Writedown	-0.27	-0.09	-0.38	-1	-0.26	-
Other Unusual Items	52.25	42.86	59.6	25.51	23.2	8.19
Pretax Income	262.99	303.86	280.49	338.16	277.13	234.28
Income Tax Expense	57.84	66.9	59.45	75.66	62.56	52.62
Net Income	205.14	236.96	221.04	262.49	214.57	181.65
Net Income to Common	205.14	236.96	221.04	262.49	214.57	181.65
Net Income Growth	-19.54%	7.20%	-15.79%	22.34%	18.12%	45.99%
Shares Outstanding (Basic)	394	395	395	388	296	297
Shares Outstanding (Diluted)	432	409	395	388	296	297
Shares Change (YoY)	10.23%	3.51%	1.78%	31.08%	-0.30%	5.76%
EPS (Basic)	0.52	0.60	0.56	0.68	0.73	0.61
EPS (Diluted)	0.47	0.58	0.56	0.68	0.73	0.61
EPS Growth	-27.01%	3.57%	-17.27%	-6.67%	18.47%	38.04%
Free Cash Flow	255.6	212.64	68.59	-84.33	132.22	34.08
Free Cash Flow Per Share	0.59	0.52	0.17	-0.22	0.45	0.11
Dividend Per Share	0.500	0.500	0.231	0.247	0.196	-
Dividend Growth	116.64%	116.64%	-6.67%	26.04%	-	-
Gross Margin	38.00%	35.85%	32.47%	35.88%	37.18%	40.90%
Operating Margin	13.25%	16.68%	13.83%	19.42%	23.51%	22.92%
Profit Margin	14.58%	16.78%	15.75%	17.86%	19.73%	18.64%
Free Cash Flow Margin	18.17%	15.06%	4.89%	-5.74%	12.16%	3.50%
EBITDA	272.69	313.92	261.79	339.51	295.51	257.99
EBITDA Margin	19.39%	22.23%	18.65%	23.10%	27.17%	26.47%
D&A For EBITDA	86.36	78.34	67.65	54.02	39.8	34.66
EBIT	186.34	235.58	194.14	285.49	255.71	223.34
EBIT Margin	13.25%	16.68%	13.83%	19.42%	23.51%	22.92%
Effective Tax Rate	22.00%	22.02%	21.20%	22.38%	22.57%	22.46%
Revenue as Reported	1,407	1,412	1,404	1,470	1,088	974.55
Advertising Expenses	-	74.96	74.18	60.28	23.62	23.75

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