Wuliangye Yibin Co.,Ltd. (SHE:000858)

Wuliangye Yibin 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	90,901	88,793	82,695	73,364	65,753	56,786
Other Revenue	381.77	381.77	576.69	604.9	456.05	535.01
Revenue	91,283	89,175	83,272	73,969	66,209	57,321
Revenue Growth (YoY)	4.96%	7.09%	12.58%	11.72%	15.51%	14.37%
Cost of Revenue	21,163	20,456	20,161	18,184	16,326	14,826
Gross Profit	70,119	68,719	63,111	55,785	49,883	42,495
Selling, General & Admin	14,011	14,248	11,116	9,912	9,403	8,188
Research & Development	423.19	405.05	321.85	235.78	177.41	131.32
Other Operating Expenses	13,547	12,976	12,437	10,663	9,758	8,030
Operating Expenses	27,980	27,628	23,874	20,811	19,340	16,348
Operating Income	42,139	41,091	39,237	34,974	30,543	26,148
Interest Expense	-38.32	-40.44	-11.62	-48	-69.13	-
Interest & Investment Income	2,813	2,876	2,488	2,076	1,801	1,522
Earnings From Equity Investments	75.2	75.2	57.62	92.57	97.35	93.5
Currency Exchange Gain (Loss)	0.53	0.53	0.7	0.12	-0.33	-0.04
Other Non Operating Income (Expenses)	-23.03	-3.82	-43.86	-73.02	-1.39	-37.86
EBT Excluding Unusual Items	44,966	43,998	41,728	37,021	32,370	27,725
Gain (Loss) on Sale of Assets	2.67	-3.36	1.27	3.35	-1.91	1.13
Asset Writedown	-12.16	-14.21	-51.82	-21.72	-21.72	-6.64
Other Unusual Items	182.5	182.5	235.47	100.42	103.82	-41.38
Pretax Income	45,139	44,163	41,913	37,104	32,450	27,678
Income Tax Expense	11,213	10,970	10,392	9,134	7,943	6,765
Earnings From Continuing Operations	33,926	33,193	31,521	27,970	24,507	20,913
Minority Interest in Earnings	-1,258	-1,340	-1,310	-1,280	-1,130	-958.53
Net Income	32,668	31,853	30,211	26,690	23,377	19,955
Net Income to Common	32,668	31,853	30,211	26,690	23,377	19,955
Net Income Growth	3.01%	5.44%	13.19%	14.17%	17.15%	14.67%
Shares Outstanding (Basic)	3,882	3,882	3,882	3,882	3,881	3,882
Shares Outstanding (Diluted)	3,882	3,882	3,882	3,882	3,881	3,882
Shares Change (YoY)	-0.00%	-	-	0.01%	-0.01%	-0.01%
EPS (Basic)	8.42	8.21	7.78	6.88	6.02	5.14
EPS (Diluted)	8.42	8.21	7.78	6.88	6.02	5.14
EPS Growth	3.01%	5.44%	13.19%	14.16%	17.16%	14.68%
Free Cash Flow	46,711	31,273	38,785	22,651	25,236	13,705
Free Cash Flow Per Share	12.03	8.06	9.99	5.83	6.50	3.53
Dividend Per Share	5.745	5.745	4.670	3.782	3.023	2.580
Dividend Growth	23.02%	23.02%	23.48%	25.11%	17.17%	17.27%
Gross Margin	76.82%	77.06%	75.79%	75.42%	75.34%	74.14%
Operating Margin	46.16%	46.08%	47.12%	47.28%	46.13%	45.62%
Profit Margin	35.79%	35.72%	36.28%	36.08%	35.31%	34.81%
Free Cash Flow Margin	51.17%	35.07%	46.58%	30.62%	38.12%	23.91%
EBITDA	42,803	41,725	39,752	35,479	31,008	26,611
EBITDA Margin	46.89%	46.79%	47.74%	47.97%	46.83%	46.42%
D&A For EBITDA	664.12	634.33	515.16	504.91	464.81	463.25
EBIT	42,139	41,091	39,237	34,974	30,543	26,148
EBIT Margin	46.16%	46.08%	47.12%	47.28%	46.13%	45.62%
Effective Tax Rate	24.84%	24.84%	24.79%	24.62%	24.48%	24.44%
Revenue as Reported	91,283	89,175	83,272	73,969	66,209	57,321
Advertising Expenses	-	8,572	5,974	5,130	5,005	4,451

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