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燕京啤酒 — Financial Statements
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
+Revenue 14.7B 14.2B 13.2B 12.0B 10.9B
Revenue Growth % 3.2% 7.7% 10.4% 9.5% --
Total Revenue 14.7B 14.2B 13.2B 12.0B 10.9B
Cost Of Revenue 8.7B 8.9B 8.3B 7.4B 6.6B
+Gross Profit 6.0B 5.3B 4.9B 4.6B 4.3B
Gross Margin % 40.7% 37.6% 37.4% 38.4% 39.2%
Total Operating Cost 13.2B 13.4B 12.6B 11.6B 10.5B
Selling Expenses 1.6B 1.6B 1.6B 1.6B 1.4B
Admin Expenses 1.6B 1.6B 1.4B 1.4B 1.3B
Rd Expenses 233.0M 246.0M 236.0M 209.0M 214.0M
Finance Expenses -198.0M -168.0M -153.0M -119.0M -81.1M
+Operating Income 1.6B 1.0B 692.0M 435.0M 477.0M
Operating Margin % 11.0% 7.2% 5.2% 3.6% 4.4%
Non Operating Income 13.6M 19.5M 5.5M 20.0M 3.3M
Non Operating Expenses 50.6M 5.3M 2.4M 10.1M 20.1M
Investment Income 42.8M 42.6M 41.7M 36.3M 39.0M
Fair Value Change Income 211,200 -- -- 181,500 --
Asset Disposal Income -6.5M 23.9M 43.9M -3.6M 963,700
Asset Impairment Loss 68.0M 57.7M 90.1M 63.9M 74.0M
Other Income 108.0M 160.0M 48.3M 54.4M 58.0M
Income Before Tax 1.6B 1.0B 695.0M 445.0M 460.0M
Income Tax 248.0M 184.0M 146.0M 152.0M 175.0M
+Net Income 1.3B 855.0M 549.0M 293.0M 285.0M
Net Margin % 9.0% 6.0% 4.2% 2.4% 2.6%
Net Income Attributable 1.1B 645.0M 352.0M 228.0M 197.0M
Minority Interest 268.0M 210.0M 197.0M 64.8M 88.0M
Eps Basic 0.38 0.23 0.13 0.08 0.07
Eps Diluted 0.38 0.23 0.13 0.08 0.07
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 7.5B 7.2B 6.1B 5.1B 3.9B
Trading Financial Assets 20.2M -- -- 20.2M --
Accounts Receivable 230.0M 205.0M 189.0M 191.0M 187.0M
Notes Receivable 727,900 1.8M 5.5M -- --
Notes And Accounts Receivable 230.0M 207.0M 194.0M 191.0M 187.0M
Prepayments 136.0M 147.0M 122.0M 149.0M 136.0M
Inventory 3.9B 3.9B 4.1B 3.9B 3.8B
Total Current Assets 11.9B 11.6B 10.8B 9.4B 8.1B
Long Term Equity Investment 580.0M 576.0M 573.0M 311.0M 295.0M
Fixed Assets -- 7.7B 8.1B 8.4B 8.8B
Fixed Assets Total 7.4B 7.7B 8.1B 8.4B 8.8B
Construction In Progress -- 101.0M 58.0M 43.2M 82.5M
Construction In Progress Total 348.0M 101.0M 58.0M 43.2M 82.5M
Intangible Assets 1.0B 1.0B 894.0M 878.0M 906.0M
Long Term Deferred Expenses 3.4M 1.7M 2.3M 1.4M 1.8M
Total Non Current Assets 11.2B 9.7B 9.9B 10.0B 10.4B
Total Assets 23.1B 21.2B 20.7B 19.4B 18.5B
Short Term Borrowings 682.0M 540.0M 300.0M -- --
Accounts Payable 1.3B 1.2B 1.7B 1.4B 1.0B
Advance Receipts -- -- -- -- --
Contract Liabilities 1.6B 1.4B 1.2B 1.2B 999.0M
Total Current Liabilities 7.1B 6.3B 6.2B 5.4B 4.5B
Long Term Borrowings -- -- -- -- --
Total Non Current Liabilities 296.0M 191.0M 197.0M 71.4M 62.7M
Total Liabilities 7.4B 6.5B 6.4B 5.4B 4.6B
Paid In Capital 2.8B 2.8B 2.8B 2.8B 2.8B
Capital Reserve 4.4B 4.4B 4.4B 4.6B 4.6B
Surplus Reserve 2.4B 2.4B 2.3B 2.3B 2.2B
Retained Earnings 5.1B 4.3B 4.0B 3.8B 3.7B
Minority Equity 1.1B 932.0M 840.0M 564.0M 637.0M
Equity Attributable 14.6B 13.8B 13.4B 13.4B 13.2B
Total Equity 15.7B 14.8B 14.3B 14.0B 13.9B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 16.9B 16.3B 15.1B 13.6B 12.7B
Tax Refunds Received 10.5M 2.9M 2.7M -- --
Total Operating Cash Inflow 17.7B 17.1B 15.7B 14.1B 13.1B
Cash Paid For Goods 8.4B 8.9B 7.8B 6.3B 6.0B
Cash Paid To Employees 2.9B 2.8B 2.8B 2.7B 2.3B
Taxes Paid 2.4B 2.4B 1.9B 2.0B 1.9B
Total Operating Cash Outflow 15.2B 15.6B 14.0B 12.5B 11.5B
Operating Cash Flow 2.5B 1.4B 1.7B 1.6B 1.6B
Total Investing Cash Inflow 7.4B 6.1B 2.5B 3.1B 1.9B
Total Investing Cash Outflow 10.3B 7.0B 4.5B 4.5B 4.2B
Investing Cash Flow -2.9B -916.0M -2.0B -1.4B -2.3B
Cash From Borrowings 1.8B 1.9B 1.2B -- --
Dividends And Interest Paid 450.0M 403.0M 275.0M 207.0M 209.0M
Debt Repayments 1.6B 1.7B 900.0M -- 50.0M
Total Financing Cash Inflow 1.8B 1.9B 1.2B 2.0M --
Total Financing Cash Outflow 2.1B 2.1B 1.2B 229.0M 259.0M
Financing Cash Flow -290.0M -164.0M 1.6M -227.0M -259.0M
Net Change In Cash -602.0M 328.0M -282.0M -8.1M -1.0B
Ending Cash Balance 1.2B 1.8B 1.5B 1.7B 1.8B
Capex 962.0M 533.0M 509.0M 397.0M 316.0M
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