Jiangxi Huangshanghuang Group Food Co., Ltd. (SHE:002695)

SHE:002695 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,607	1,681	1,873	1,887	2,250	2,377
Other Revenue	58.38	58.38	47.38	67.07	89.1	59.6
Revenue	1,665	1,739	1,921	1,954	2,339	2,436
Revenue Growth (YoY)	-7.08%	-9.44%	-1.70%	-16.46%	-4.01%	15.09%
Cost of Revenue	1,129	1,169	1,363	1,404	1,567	1,515
Gross Profit	536.38	569.8	558.05	550.2	771.81	921.02
Selling, General & Admin	406.24	472.33	448.29	474.65	538.41	527.65
Research & Development	53.51	62.32	56.53	57.17	65.16	74.73
Other Operating Expenses	9.34	11.11	11.77	-9.28	20.07	18.49
Operating Expenses	472.48	544.48	517.45	528.41	621.63	620.41
Operating Income	63.89	25.32	40.59	21.79	150.17	300.62
Interest Expense	-4.82	-3	-4.78	-7.62	-11.45	-4.53
Interest & Investment Income	18.08	19.73	19.89	17.34	13.71	16.89
Currency Exchange Gain (Loss)	-1.18	-1.18	-	-	-	-
Other Non Operating Income (Expenses)	0.5	1.45	8.52	-8.17	-2.39	-6.32
EBT Excluding Unusual Items	76.48	42.33	64.23	23.33	150.04	306.65
Impairment of Goodwill	-10.75	-10.75	-6.61	-0.41	-	-
Gain (Loss) on Sale of Assets	0.64	0.64	-0.05	5.97	0.42	0.04
Asset Writedown	-0.52	-0.94	-0.5	-1.6	-2.63	-0.97
Other Unusual Items	14.76	14.76	17.52	0.7	34.05	34.58
Pretax Income	80.6	46.03	74.59	27.99	181.87	340.3
Income Tax Expense	16.18	8.29	8.33	8.69	37.06	54.23
Earnings From Continuing Operations	64.41	37.75	66.26	19.3	144.81	286.07
Minority Interest in Earnings	-1.62	2.58	4.33	11.52	-0.23	-3.9
Net Income	62.79	40.33	70.59	30.82	144.58	282.17
Net Income to Common	62.79	40.33	70.59	30.82	144.58	282.17
Net Income Growth	30.08%	-42.86%	129.01%	-78.68%	-48.76%	28.04%
Shares Outstanding (Basic)	561	560	569	512	516	513
Shares Outstanding (Diluted)	561	560	569	512	516	513
Shares Change (YoY)	-7.00%	-1.60%	11.11%	-0.78%	0.65%	-0.13%
EPS (Basic)	0.11	0.07	0.12	0.06	0.28	0.55
EPS (Diluted)	0.11	0.07	0.12	0.06	0.28	0.55
EPS Growth	39.87%	-41.94%	106.67%	-78.57%	-49.09%	28.21%
Free Cash Flow	107.82	74.59	-74.84	171.72	121.65	34.97
Free Cash Flow Per Share	0.19	0.13	-0.13	0.34	0.24	0.07
Dividend Per Share	0.110	0.110	0.180	0.015	0.060	0.130
Dividend Growth	-38.89%	-38.89%	1100.00%	-75.00%	-53.85%	30.00%
Gross Margin	32.20%	32.76%	29.06%	28.16%	33.00%	37.80%
Operating Margin	3.84%	1.46%	2.11%	1.11%	6.42%	12.34%
Profit Margin	3.77%	2.32%	3.67%	1.58%	6.18%	11.58%
Free Cash Flow Margin	6.47%	4.29%	-3.90%	8.79%	5.20%	1.44%
EBITDA	132.99	93.41	107.33	84.68	207.47	354.87
EBITDA Margin	7.99%	5.37%	5.59%	4.33%	8.87%	14.56%
D&A For EBITDA	69.1	68.09	66.74	62.89	57.3	54.25
EBIT	63.89	25.32	40.59	21.79	150.17	300.62
EBIT Margin	3.84%	1.46%	2.11%	1.11%	6.42%	12.34%
Effective Tax Rate	20.08%	18.00%	11.17%	31.04%	20.38%	15.93%
Revenue as Reported	1,665	1,739	1,921	1,954	2,339	2,436
Advertising Expenses	-	112.32	85.12	112.77	135.59	86.71

Source: S&P Global Market Intelligence. Standard template. Financial Sources.