Yantai China Pet Foods Co., Ltd. (SHE:002891)

Yantai China Pet Foods Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	4,465	3,614	3,143	2,786	2,180
Other Revenue	-	133.6	104.9	95.53	53.09
Revenue	4,465	3,747	3,248	2,882	2,233
Revenue Growth (YoY)	19.15%	15.37%	12.72%	29.06%	30.10%
Cost of Revenue	3,208	2,775	2,629	2,315	1,692
Gross Profit	1,257	972.59	619.19	566.37	540.54
Selling, General & Admin	705.07	530.58	419.58	347.9	273.72
Research & Development	72.68	47.91	43.36	41.29	34.61
Other Operating Expenses	2.25	13.43	12.25	7.75	6.84
Operating Expenses	780	597.37	475.64	400.76	317.56
Operating Income	477.06	375.22	143.55	165.61	222.98
Interest Expense	-	-37.19	-23.71	-16.46	-20.37
Interest & Investment Income	72.46	27.07	28.34	12.9	2.98
Currency Exchange Gain (Loss)	-	4	7.27	-6.83	-17.62
Other Non Operating Income (Expenses)	-28.93	0.02	-2.62	-3.1	-1.08
EBT Excluding Unusual Items	520.59	369.12	152.83	152.12	186.89
Gain (Loss) on Sale of Investments	0.56	2.08	-7.31	1.26	-0.73
Gain (Loss) on Sale of Assets	-0.53	0.37	3.72	-0.03	-
Asset Writedown	-15.2	-5.47	-0.35	-2.73	-1.08
Other Unusual Items	-	4.22	6.63	8.82	11.35
Pretax Income	505.41	370.3	155.51	159.43	196.44
Income Tax Expense	88.92	78.31	34.62	32.95	45.02
Earnings From Continuing Operations	416.49	291.99	120.89	126.49	151.42
Minority Interest in Earnings	-22.69	-58.83	-14.96	-10.87	-16.53
Net Income	393.8	233.16	105.93	115.62	134.88
Net Income to Common	393.8	233.16	105.93	115.62	134.88
Net Income Growth	68.89%	120.12%	-8.38%	-14.29%	70.72%
Shares Outstanding (Basic)	294	292	294	294	270
Shares Outstanding (Diluted)	303	292	294	294	270
Shares Change (YoY)	3.62%	-0.62%	-0.01%	9.02%	4.72%
EPS (Basic)	1.34	0.80	0.36	0.39	0.50
EPS (Diluted)	1.30	0.80	0.36	0.39	0.50
EPS Growth	63.00%	121.49%	-8.37%	-21.38%	63.03%
Free Cash Flow	254.65	40.2	-229.24	-71.53	-175.98
Free Cash Flow Per Share	0.84	0.14	-0.78	-0.24	-0.65
Dividend Per Share	-	0.240	0.050	0.050	0.047
Dividend Growth	-	380.00%	-	7.07%	16.75%
Gross Margin	28.16%	25.96%	19.06%	19.66%	24.21%
Operating Margin	10.69%	10.01%	4.42%	5.75%	9.99%
Profit Margin	8.82%	6.22%	3.26%	4.01%	6.04%
Free Cash Flow Margin	5.70%	1.07%	-7.06%	-2.48%	-7.88%
EBITDA	586.34	478.37	232.09	236.27	272.89
EBITDA Margin	13.13%	12.77%	7.15%	8.20%	12.22%
D&A For EBITDA	109.28	103.15	88.54	70.66	49.91
EBIT	477.06	375.22	143.55	165.61	222.98
EBIT Margin	10.69%	10.01%	4.42%	5.75%	9.99%
Effective Tax Rate	17.59%	21.15%	22.26%	20.66%	22.92%
Revenue as Reported	-	3,747	3,248	2,882	2,233

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