Luzhou Laojiao Co.,Ltd (SHE:000568)

Luzhou Laojiao Co.,Ltd 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	30,906	30,742	29,832	24,766	20,415	16,448
Other Revenue	453.77	453.77	400.87	357.44	227.09	204.89
Revenue	31,360	31,196	30,233	25,124	20,642	16,653
Revenue Growth (YoY)	-1.42%	3.19%	20.34%	21.71%	23.96%	5.29%
Cost of Revenue	4,081	3,888	3,537	3,370	2,952	2,823
Gross Profit	27,279	27,308	26,696	21,754	17,690	13,829
Selling, General & Admin	4,650	4,639	5,114	4,611	4,655	3,935
Research & Development	263.12	260.98	225.96	206.25	137.71	85.86
Other Operating Expenses	4,687	4,751	4,131	3,522	2,864	2,223
Operating Expenses	9,600	9,651	9,472	8,340	7,657	6,243
Operating Income	17,678	17,657	17,224	13,414	10,033	7,586
Interest Expense	-205.99	-304.31	-488	-229.67	-197.08	-190.37
Interest & Investment Income	563.18	797.92	948.73	610.46	622.1	534.93
Currency Exchange Gain (Loss)	3.17	3.17	2.2	16.07	-3.65	-8.94
Other Non Operating Income (Expenses)	165.95	-7.33	-5.16	-6.69	78.85	-2.2
EBT Excluding Unusual Items	18,205	18,147	17,682	13,804	10,533	7,920
Gain (Loss) on Sale of Investments	-1.39	17.65	62.99	-12.02	6.35	-
Gain (Loss) on Sale of Assets	1.06	1.06	44.69	19.81	-0.35	8.12
Asset Writedown	-13.33	-13.33	1.35	-10.78	-0.81	-4.04
Other Unusual Items	27.4	53	14.72	53.58	12.32	15.16
Pretax Income	18,218	18,205	17,806	13,855	10,551	7,939
Income Tax Expense	4,687	4,708	4,517	3,444	2,614	1,981
Earnings From Continuing Operations	13,531	13,498	13,289	10,411	7,937	5,959
Minority Interest in Earnings	-39.4	-24.79	-42.27	-45.21	18.29	47.21
Net Income	13,492	13,473	13,246	10,365	7,956	6,006
Net Income to Common	13,492	13,473	13,246	10,365	7,956	6,006
Net Income Growth	-4.37%	1.71%	27.79%	30.29%	32.47%	29.38%
Shares Outstanding (Basic)	1,468	1,468	1,469	1,468	1,465	1,465
Shares Outstanding (Diluted)	1,468	1,468	1,469	1,468	1,465	1,465
Shares Change (YoY)	-0.01%	-0.06%	0.03%	0.21%	0.02%	0.03%
EPS (Basic)	9.19	9.18	9.02	7.06	5.43	4.10
EPS (Diluted)	9.19	9.18	9.02	7.06	5.43	4.10
EPS Growth	-4.35%	1.77%	27.76%	30.02%	32.44%	29.34%
Free Cash Flow	16,723	17,993	9,147	7,227	5,719	2,772
Free Cash Flow Per Share	11.39	12.26	6.23	4.92	3.90	1.89
Dividend Per Share	5.950	5.950	5.400	4.225	3.244	2.051
Dividend Growth	10.18%	10.18%	27.81%	30.24%	58.17%	28.99%
Gross Margin	86.98%	87.54%	88.30%	86.59%	85.70%	83.05%
Operating Margin	56.37%	56.60%	56.97%	53.39%	48.60%	45.56%
Profit Margin	43.02%	43.19%	43.81%	41.26%	38.54%	36.06%
Free Cash Flow Margin	53.33%	57.68%	30.25%	28.77%	27.71%	16.65%
EBITDA	18,466	18,421	17,892	14,042	10,584	7,895
EBITDA Margin	58.88%	59.05%	59.18%	55.89%	51.28%	47.41%
D&A For EBITDA	787.67	763.56	667.13	628.22	551.03	308.24
EBIT	17,678	17,657	17,224	13,414	10,033	7,586
EBIT Margin	56.37%	56.60%	56.97%	53.39%	48.60%	45.56%
Effective Tax Rate	25.73%	25.86%	25.37%	24.86%	24.77%	24.95%
Revenue as Reported	31,360	31,196	30,233	25,124	20,642	16,653
Advertising Expenses	-	2,658	3,094	2,593	2,908	2,391

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.