Lanzhou Huanghe Enterprise Co., Ltd (SHE:000929)

China · Delayed Price · Currency is CNY

8.95

-0.48 (-5.09%)

Sep 15, 2026, 3:04 PM CST

SHE:000929 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Revenue	448.1	369.01	210.53	241.24	266.49	308.54
Revenue Growth	132.97%	75.28%	-12.73%	-9.47%	-13.63%	0.62%
Gross Profit	80	67.94	11.27	32.91	39.48	53.29
Operating Income	-273.44	-233.07	-100.96	-61.72	-56.27	-70.76
Net Income	-104.85	-90.94	-99.87	-46.72	-29.24	19.11
Earnings Per Share	-0.57	-0.49	-0.54	-0.25	-0.16	0.10
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Beer (Including Logistics Services)	296.02
Beverage Sales	18.67
Malt Sales	23.26
Juice Business	23.32
Unallocated Other	7.73
Total	369.01

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Investments	319.58	471.46	236.31	642.14	504.63	762.52
Total Debt	69.94	46.8	9.04	3	21.03	54.06
Net Cash (Debt)	249.64	424.66	227.27	639.14	483.6	708.46
Net Cash Growth	22.96%	86.85%	-64.44%	32.16%	-31.74%	8.30%
Net Cash Per Share	1.37	2.30	1.22	3.44	2.60	3.81

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Cash Flow	-329.34	-226.73	-84.81	-34.51	28.41	-220.5
Capital Expenditures	-74.63	-50.34	-3.12	-2.35	-5.96	-10.81
Free Cash Flow	-403.97	-277.07	-87.93	-36.86	22.46	-231.31
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Gross Margin	17.85%	18.41%	5.35%	13.64%	14.82%	17.27%
Operating Margin	-61.02%	-63.16%	-47.95%	-25.59%	-21.12%	-22.93%
Pretax Margin	-52.97%	-57.24%	-53.46%	-23.15%	-18.10%	10.44%
Profit Margin	-23.40%	-24.64%	-47.44%	-19.37%	-10.97%	6.19%
FCF Margin	-90.15%	-75.08%	-41.77%	-15.28%	8.43%	-74.97%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 15, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
PE Ratio	-	-	-	-	-	95.34
P/FCF Ratio	-	-	-	-	100.43	-
PS Ratio	3.64	4.35	6.15	7.55	8.46	5.91