Zhongjing Food Co., Ltd. (SHE:300908)

Zhongjing Food 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	1,091	1,088	991.38	879.1	806.24	724.21
Other Revenue	10.04	10.04	2.87	2.55	-	2.46
Revenue	1,101	1,098	994.25	881.65	806.24	726.67
Revenue Growth (YoY)	5.31%	10.40%	12.77%	9.35%	10.95%	15.68%
Cost of Revenue	640.99	643.28	586.95	561.36	494.73	427.86
Gross Profit	459.56	454.37	407.3	320.29	311.51	298.81
Selling, General & Admin	234.56	228.38	195.91	182.9	169.67	130.15
Research & Development	39.96	37.81	32.7	31.63	32.42	25.78
Other Operating Expenses	8.14	7.92	1.77	-8.43	5.48	6.46
Operating Expenses	283.52	274.96	230.28	207.7	207.74	162.39
Operating Income	176.05	179.41	177.02	112.59	103.77	136.43
Interest Expense	-0.73	-0.73	-0.47	-1.28	-0.33	-0.88
Interest & Investment Income	15.44	15.22	22.51	29.3	26.16	2.74
Currency Exchange Gain (Loss)	-	-	-	-0	0.01	-0
Other Non Operating Income (Expenses)	-1.47	0.4	0.62	2.34	-0.03	-0.15
EBT Excluding Unusual Items	189.29	194.3	199.68	142.96	129.58	138.14
Gain (Loss) on Sale of Investments	0.67	0.38	-	-	-	-
Gain (Loss) on Sale of Assets	3.79	3.59	-	-0.04	-0.69	-0.14
Asset Writedown	0.42	-0	-	-0.06	-	0.06
Other Unusual Items	3.78	3.78	-	-	6.01	9.46
Pretax Income	197.95	202.05	199.68	142.85	134.9	147.53
Income Tax Expense	24.99	26.65	27.4	16.98	16.43	19.58
Earnings From Continuing Operations	172.95	175.4	172.29	125.87	118.47	127.95
Minority Interest in Earnings	-	-	-	0.15	0.12	0.03
Net Income	172.95	175.4	172.29	126.02	118.59	127.97
Net Income to Common	172.95	175.4	172.29	126.02	118.59	127.97
Net Income Growth	-6.03%	1.81%	36.71%	6.27%	-7.33%	39.65%
Shares Outstanding (Basic)	146	146	146	146	145	113
Shares Outstanding (Diluted)	146	146	146	146	145	113
Shares Change (YoY)	0.12%	0.11%	-0.01%	0.37%	29.26%	2.63%
EPS (Basic)	1.18	1.20	1.18	0.86	0.82	1.14
EPS (Diluted)	1.18	1.20	1.18	0.86	0.82	1.14
EPS Growth	-6.15%	1.70%	36.73%	5.88%	-28.31%	36.07%
Free Cash Flow	62.64	27.39	-31.24	59.5	-116.18	73.8
Free Cash Flow Per Share	0.43	0.19	-0.21	0.41	-0.80	0.66
Dividend Per Share	1.000	1.000	0.685	0.685	0.343	0.343
Dividend Growth	46.01%	46.01%	-	99.97%	-	-
Gross Margin	41.76%	41.39%	40.97%	36.33%	38.64%	41.12%
Operating Margin	16.00%	16.35%	17.80%	12.77%	12.87%	18.77%
Profit Margin	15.72%	15.98%	17.33%	14.29%	14.71%	17.61%
Free Cash Flow Margin	5.69%	2.50%	-3.14%	6.75%	-14.41%	10.16%
EBITDA	218.58	220.97	214.7	146.28	131.9	162.12
EBITDA Margin	19.86%	20.13%	21.59%	16.59%	16.36%	22.31%
D&A For EBITDA	42.53	41.56	37.68	33.69	28.12	25.7
EBIT	176.05	179.41	177.02	112.59	103.77	136.43
EBIT Margin	16.00%	16.35%	17.80%	12.77%	12.87%	18.77%
Effective Tax Rate	12.63%	13.19%	13.72%	11.89%	12.18%	13.28%
Revenue as Reported	1,098	1,098	994.25	881.65	806.24	726.67
Advertising Expenses	-	15.37	13.69	44.09	27.71	16.55

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