Jiangxi Sunshine Dairy Co., Ltd. (SHE:001318)

Jiangxi Sunshine Dairy 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	515.47	519.4	569.93	569.59	629.17	522.56
Other Revenue	0.01	0.01	-	0.01	1.45	0.02
Revenue	515.48	519.42	569.93	569.6	630.62	522.57
Revenue Growth (YoY)	-8.37%	-8.86%	0.06%	-9.68%	20.68%	-3.76%
Cost of Revenue	320.57	324.06	364.52	375.43	392.26	334.53
Gross Profit	194.91	195.36	205.41	194.17	238.36	188.04
Selling, General & Admin	70.73	70.57	76.05	75.43	72.13	56.48
Research & Development	14.02	15.95	18.44	19.15	18.38	17.57
Other Operating Expenses	3.91	3.17	5.7	2.17	5.58	3.6
Operating Expenses	89.47	90.48	100.41	96.37	96.2	78.49
Operating Income	105.44	104.88	105	97.81	142.16	109.55
Interest Expense	-0.11	-0.11	-0.05	-1.3	-3.59	-3.97
Interest & Investment Income	18.78	18.9	19.08	13.36	4.24	6.97
Other Non Operating Income (Expenses)	0.86	0.23	-3.24	8.86	-0.21	0.11
EBT Excluding Unusual Items	124.98	123.91	120.79	118.72	142.6	112.67
Gain (Loss) on Sale of Assets	-	-	0.48	-0.01	-0	0.02
Asset Writedown	-7.3	-7.3	-5.43	-1.7	-2.03	-1.33
Legal Settlements	-0.39	-0.39	-	-	-	-
Other Unusual Items	3.84	3.1	5.45	-	4.41	-0.29
Pretax Income	121.12	119.32	121.29	117.02	144.97	111.06
Income Tax Expense	5.86	5.87	8.02	8.69	10.96	7.84
Earnings From Continuing Operations	115.26	113.45	113.27	108.32	134.01	103.22
Minority Interest in Earnings	-0.14	1.12	2.55	2.57	1.69	1.72
Net Income	115.12	114.56	115.82	110.89	135.7	104.93
Net Income to Common	115.12	114.56	115.82	110.89	135.7	104.93
Net Income Growth	-0.24%	-1.09%	4.45%	-18.29%	29.32%	0.62%
Shares Outstanding (Basic)	283	283	283	253	212	210
Shares Outstanding (Diluted)	283	283	283	253	212	210
Shares Change (YoY)	0.04%	0.01%	11.61%	19.46%	1.00%	0.62%
EPS (Basic)	0.41	0.41	0.41	0.44	0.64	0.50
EPS (Diluted)	0.41	0.41	0.41	0.44	0.64	0.50
EPS Growth	-0.28%	-1.10%	-6.42%	-31.60%	28.04%	-
Free Cash Flow	135.77	105.45	133.22	108.57	130.15	26.3
Free Cash Flow Per Share	0.48	0.37	0.47	0.43	0.61	0.13
Dividend Per Share	0.180	0.180	0.160	0.150	-	-
Dividend Growth	12.50%	12.50%	6.67%	-	-	-
Gross Margin	37.81%	37.61%	36.04%	34.09%	37.80%	35.98%
Operating Margin	20.46%	20.19%	18.42%	17.17%	22.54%	20.96%
Profit Margin	22.33%	22.06%	20.32%	19.47%	21.52%	20.08%
Free Cash Flow Margin	26.34%	20.30%	23.37%	19.06%	20.64%	5.03%
EBITDA	135.49	135.01	135.44	125.87	168.37	127.06
EBITDA Margin	26.28%	25.99%	23.77%	22.10%	26.70%	24.31%
D&A For EBITDA	30.04	30.12	30.45	28.06	26.21	17.51
EBIT	105.44	104.88	105	97.81	142.16	109.55
EBIT Margin	20.46%	20.19%	18.42%	17.17%	22.54%	20.96%
Effective Tax Rate	4.84%	4.92%	6.61%	7.43%	7.56%	7.06%
Revenue as Reported	515.48	519.42	569.93	569.6	630.62	-
Advertising Expenses	-	8.95	9.24	7.12	6.56	4.42

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.