Ganyuan Foods Co., Ltd. (SHE:002991)

Ganyuan Foods 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	2,129	1,837	1,443	1,289	1,169	1,107
Other Revenue	10.81	10.81	7.66	4.57	3.67	2.63
Revenue	2,140	1,848	1,451	1,294	1,172	1,109
Revenue Growth (YoY)	19.17%	27.36%	12.11%	10.38%	5.70%	21.69%
Cost of Revenue	1,381	1,183	956.11	840.23	703.3	649.26
Gross Profit	758.89	664.54	494.57	453.76	469.05	459.87
Selling, General & Admin	339.37	282.26	269.04	266.91	249.68	229.74
Research & Development	26.1	23.25	22.54	15.15	6.66	4.3
Other Operating Expenses	5.89	18.45	16.8	14.33	13.26	6.17
Operating Expenses	372.31	324.38	308.8	296.68	269.48	240.99
Operating Income	386.58	340.16	185.77	157.08	199.58	218.88
Interest Expense	-0.32	-0.18	-0.18	-0.34	-	-
Interest & Investment Income	23.93	24.88	18.88	24.85	10.69	6.01
Currency Exchange Gain (Loss)	0.02	0.02	0.04	-0.03	0.09	0.1
Other Non Operating Income (Expenses)	0.12	-0.26	-0.64	-0.24	0.6	-0.22
EBT Excluding Unusual Items	410.33	364.63	203.87	181.31	210.96	224.78
Gain (Loss) on Sale of Investments	1.48	2.67	0.53	2.87	8.43	1
Gain (Loss) on Sale of Assets	-0.33	0.06	-6	-	-0.49	-
Asset Writedown	-1.24	-3.7	-4	-5.86	-0.49	-0.52
Legal Settlements	1.01	1.01	1.04	0.2	0.38	-
Other Unusual Items	38.12	38.07	12.62	20.44	22.5	0.15
Pretax Income	449.38	402.73	208.06	198.95	241.29	225.42
Income Tax Expense	57.2	73.67	49.72	45.3	62.02	57.42
Net Income	392.18	329.06	158.34	153.65	179.27	168
Net Income to Common	392.18	329.06	158.34	153.65	179.27	168
Net Income Growth	38.60%	107.82%	3.05%	-14.29%	6.71%	40.14%
Shares Outstanding (Basic)	91	92	92	93	80	70
Shares Outstanding (Diluted)	91	92	92	93	80	70
Shares Change (YoY)	-0.66%	-0.15%	-1.14%	16.88%	13.83%	-0.15%
EPS (Basic)	4.30	3.58	1.72	1.65	2.25	2.40
EPS (Diluted)	4.30	3.58	1.72	1.65	2.25	2.40
EPS Growth	39.52%	108.14%	4.24%	-26.67%	-6.25%	40.35%
Free Cash Flow	98.75	83.48	184.24	-74.6	51.39	160.81
Free Cash Flow Per Share	1.08	0.91	2.00	-0.80	0.64	2.30
Dividend Per Share	3.272	2.180	1.073	1.088	0.750	1.070
Dividend Growth	204.94%	103.17%	-1.38%	45.07%	-29.91%	-
Gross Margin	35.47%	35.97%	34.09%	35.07%	40.01%	41.46%
Operating Margin	18.07%	18.41%	12.81%	12.14%	17.02%	19.73%
Profit Margin	18.33%	17.81%	10.91%	11.87%	15.29%	15.15%
Free Cash Flow Margin	4.62%	4.52%	12.70%	-5.76%	4.38%	14.50%
EBITDA	436.21	390.82	237.8	196.13	230.69	242.3
EBITDA Margin	20.39%	21.15%	16.39%	15.16%	19.68%	21.85%
D&A For EBITDA	49.63	50.66	52.03	39.05	31.11	23.41
EBIT	386.58	340.16	185.77	157.08	199.58	218.88
EBIT Margin	18.07%	18.41%	12.81%	12.14%	17.02%	19.73%
Effective Tax Rate	12.73%	18.29%	23.90%	22.77%	25.70%	25.47%
Revenue as Reported	2,140	1,848	1,451	1,294	1,172	1,109

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