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

Wuliangye Yibin 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	88,075	82,695	73,364	65,753	56,786	49,858
Other Revenue	576.69	576.69	604.9	456.05	535.01	260.55
Revenue	88,651	83,272	73,969	66,209	57,321	50,118
Revenue Growth (YoY)	9.82%	12.58%	11.72%	15.51%	14.37%	25.20%
Cost of Revenue	20,645	20,161	18,184	16,326	14,826	12,805
Gross Profit	68,007	63,111	55,785	49,883	42,495	37,313
Selling, General & Admin	12,706	11,116	9,912	9,403	8,188	7,641
Research & Development	363.56	321.85	235.78	177.41	131.32	126.36
Other Operating Expenses	13,193	12,437	10,663	9,758	8,030	6,954
Operating Expenses	26,260	23,874	20,811	19,340	16,348	14,722
Operating Income	41,747	39,237	34,974	30,543	26,148	22,591
Interest Expense	-27.66	-11.62	-48	-69.13	-	-
Interest & Investment Income	2,817	2,488	2,076	1,801	1,522	1,416
Earnings From Equity Investments	58.87	57.62	92.57	97.35	93.5	92.5
Currency Exchange Gain (Loss)	0.7	0.7	0.12	-0.33	-0.04	0.07
Other Non Operating Income (Expenses)	44.4	-5.48	-73.02	-1.39	-37.86	13.63
EBT Excluding Unusual Items	44,640	41,766	37,021	32,370	27,725	24,113
Gain (Loss) on Sale of Assets	-7.3	1.27	3.35	-1.91	1.13	2.78
Asset Writedown	-36.64	-51.82	-21.72	-21.72	-6.64	-4.35
Other Unusual Items	171.95	197.1	100.42	103.82	-41.38	-5.68
Pretax Income	44,768	41,913	37,104	32,450	27,678	24,106
Income Tax Expense	11,140	10,392	9,134	7,943	6,765	5,878
Earnings From Continuing Operations	33,628	31,521	27,970	24,507	20,913	18,228
Minority Interest in Earnings	-1,319	-1,310	-1,280	-1,130	-958.53	-826.09
Net Income	32,308	30,211	26,690	23,377	19,955	17,402
Net Income to Common	32,308	30,211	26,690	23,377	19,955	17,402
Net Income Growth	9.39%	13.19%	14.17%	17.15%	14.67%	30.02%
Shares Outstanding (Basic)	3,881	3,882	3,882	3,881	3,882	3,882
Shares Outstanding (Diluted)	3,881	3,882	3,882	3,881	3,882	3,882
Shares Change (YoY)	-0.01%	-0.00%	0.01%	-0.01%	-0.01%	0.76%
EPS (Basic)	8.32	7.78	6.88	6.02	5.14	4.48
EPS (Diluted)	8.32	7.78	6.88	6.02	5.14	4.48
EPS Growth	9.40%	13.19%	14.16%	17.16%	14.68%	29.04%
Free Cash Flow	47,018	38,785	22,651	25,236	13,705	21,413
Free Cash Flow Per Share	12.11	9.99	5.84	6.50	3.53	5.52
Dividend Per Share	4.670	4.670	3.782	3.023	2.580	2.200
Dividend Growth	23.48%	23.48%	25.11%	17.17%	17.27%	29.41%
Gross Margin	76.71%	75.79%	75.42%	75.34%	74.14%	74.45%
Operating Margin	47.09%	47.12%	47.28%	46.13%	45.62%	45.07%
Profit Margin	36.44%	36.28%	36.08%	35.31%	34.81%	34.72%
Free Cash Flow Margin	53.04%	46.58%	30.62%	38.12%	23.91%	42.73%
EBITDA	42,159	39,689	35,479	31,008	26,611	23,028
EBITDA Margin	47.56%	47.66%	47.96%	46.83%	46.42%	45.95%
D&A For EBITDA	412.15	451.9	504.91	464.81	463.25	437.64
EBIT	41,747	39,237	34,974	30,543	26,148	22,591
EBIT Margin	47.09%	47.12%	47.28%	46.13%	45.62%	45.07%
Effective Tax Rate	24.88%	24.79%	24.62%	24.48%	24.44%	24.38%
Revenue as Reported	88,651	83,272	73,969	66,209	57,321	50,118
Advertising Expenses	-	5,974	5,130	5,005	4,451	3,996

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