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

China · Delayed Price · Currency is CNY

8.69

+0.20 (2.36%)

Aug 3, 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	Mar '26 Mar 31, 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	389.54	369.01	210.53	241.24	266.49	308.54
Revenue Growth	90.63%	75.28%	-12.73%	-9.47%	-13.63%	0.62%
Gross Profit	63.18	67.94	11.27	32.91	39.48	53.29
Operating Income	-262.73	-233.07	-100.96	-61.72	-56.27	-70.76
Net Income	-114.85	-90.94	-99.87	-46.72	-29.24	19.11
Earnings Per Share	-0.63	-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	Mar '26 Mar 31, 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	382.99	471.46	236.31	642.14	504.63	762.52
Total Debt	49.99	46.8	9.04	3	21.03	54.06
Net Cash (Debt)	333	424.66	227.27	639.14	483.6	708.46
Net Cash Growth	50.38%	86.85%	-64.44%	32.16%	-31.74%	8.30%
Net Cash Per Share	1.82	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	Mar '26 Mar 31, 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	-290.55	-226.73	-84.81	-34.51	28.41	-220.5
Capital Expenditures	-64.24	-50.34	-3.12	-2.35	-5.96	-10.81
Free Cash Flow	-354.79	-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	Mar '26 Mar 31, 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	16.22%	18.41%	5.35%	13.64%	14.82%	17.27%
Operating Margin	-67.45%	-63.16%	-47.95%	-25.59%	-21.12%	-22.93%
Pretax Margin	-63.05%	-57.24%	-53.46%	-23.15%	-18.10%	10.44%
Profit Margin	-29.48%	-24.64%	-47.44%	-19.37%	-10.97%	6.19%
FCF Margin	-91.08%	-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	Aug '26 Aug 3, 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	3.97	4.35	6.15	7.55	8.46	5.91