青岛啤酒 - Financials

青岛啤酒 — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	32.1B	33.9B	32.2B	30.2B	27.8B	28.0B	26.6B	26.3B	26.1B	27.6B	29.0B	28.3B	25.8B	23.2B	19.9B	18.0B	16.0B	13.7B	11.8B	10.0B
Revenue Growth %	-5.3%	5.5%	6.6%	8.7%	-0.8%	5.3%	1.1%	0.7%	-5.5%	-4.9%	2.7%	9.7%	11.3%	16.4%	10.4%	12.5%	16.9%	15.9%	18.1%	--
Total Revenue	32.1B	33.9B	32.2B	30.2B	27.8B	28.0B	26.6B	26.3B	26.1B	27.6B	29.0B	28.3B	25.8B	23.2B	19.9B	18.0B	16.0B	13.7B	11.8B	10.0B
Cost Of Revenue	19.2B	20.8B	20.3B	19.1B	18.0B	17.1B	16.6B	15.6B	15.3B	17.2B	17.9B	17.0B	15.4B	13.4B	11.2B	10.3B	9.5B	8.0B	7.0B	5.9B
+Gross Profit	12.9B	13.1B	11.9B	11.1B	9.8B	10.9B	10.0B	10.7B	10.8B	10.4B	11.2B	11.3B	10.3B	9.7B	8.7B	7.7B	6.5B	5.7B	4.8B	4.1B
Gross Margin %	40.2%	38.7%	36.8%	36.7%	35.3%	39.0%	37.7%	40.5%	41.5%	37.8%	38.4%	39.9%	40.1%	42.1%	43.5%	42.9%	40.7%	41.6%	40.5%	40.7%
Total Operating Cost	27.1B	29.2B	28.0B	27.2B	25.1B	26.0B	24.8B	24.6B	24.6B	26.2B	26.8B	26.2B	23.7B	21.0B	18.0B	16.4B	15.0B	12.8B	11.3B	9.4B
Selling Expenses	4.6B	4.7B	4.2B	4.1B	3.6B	5.1B	4.9B	5.8B	6.0B	5.9B	5.7B	5.6B	4.9B	4.4B	3.9B	3.5B	3.0B	2.7B	2.1B	1.7B
Admin Expenses	1.4B	1.5B	1.5B	1.7B	1.7B	1.9B	1.4B	1.2B	1.3B	1.4B	1.4B	1.6B	1.3B	1.2B	1.1B	998.0M	902.0M	667.0M	704.0M	773.0M
Rd Expenses	103.0M	101.0M	63.0M	30.9M	21.5M	21.1M	19.8M	18.7M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	-568.0M	-457.0M	-421.0M	-243.0M	-471.0M	-484.0M	-497.0M	-370.0M	-257.0M	-300.0M	-335.0M	-251.0M	-178.0M	-36.2M	4.9M	62.9M	45.6M	-5.9M	11.1M	20.0M
+Operating Income	5.8B	5.7B	5.0B	4.5B	3.2B	2.7B	2.4B	2.1B	1.4B	1.9B	2.3B	2.4B	2.1B	2.1B	1.9B	1.6B	989.0M	886.0M	517.0M	594.0M
Operating Margin %	18.2%	16.9%	15.5%	14.8%	11.7%	9.6%	8.9%	8.0%	5.4%	6.7%	7.9%	8.3%	8.3%	9.2%	9.7%	8.8%	6.2%	6.5%	4.4%	5.9%
Non Operating Income	73.1M	22.6M	20.3M	32.7M	14.6M	34.7M	15.9M	22.9M	720.0M	559.0M	469.0M	564.0M	395.0M	470.0M	245.0M	213.0M	155.0M	154.0M	117.0M	20.4M
Non Operating Expenses	34.8M	13.0M	15.1M	8.7M	25.1M	5.6M	13.7M	33.0M	13.3M	139.0M	70.7M	248.0M	49.1M	156.0M	57.5M	62.7M	35.4M	36.0M	17.3M	161.0M
Investment Income	118.0M	172.0M	170.0M	186.0M	25.2M	24.5M	20.5M	58.0M	151.0M	462.0M	24.0M	229.0M	15.0M	4.3M	9.7M	10.1M	-27.1M	-1.2M	10.6M	-39.0M
Fair Value Change Income	200.0M	230.0M	164.0M	253.0M	55.1M	56.8M	54.2M	115,300	--	--	--	--	--	--	--	-1.8M	24.6M	-19.1M	-3.7M	--
Asset Disposal Income	4.3M	179.0M	-9.5M	482.0M	-5.2M	59.2M	10.3M	-46.3M	-224.0M	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	35.8M	82.9M	26.1M	189.0M	131.0M	121.0M	147.0M	10.7M	7.8M	2.1M	-3.5M	1.7M	1.0M	17.0M	72.1M	67.9M	179.0M	167.0M	348.0M	--
Other Income	501.0M	391.0M	543.0M	556.0M	517.0M	603.0M	523.0M	427.0M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	5.9B	5.7B	5.0B	4.5B	3.2B	2.7B	2.4B	2.1B	2.1B	2.3B	2.7B	2.7B	2.5B	2.5B	2.1B	1.7B	1.1B	1.0B	616.0M	528.0M
Income Tax	1.4B	1.4B	1.2B	1.2B	913.0M	798.0M	819.0M	723.0M	1.0B	663.0M	663.0M	692.0M	639.0M	657.0M	539.0M	440.0M	374.0M	406.0M	179.0M	189.0M
+Net Income	4.5B	4.3B	3.8B	3.3B	2.3B	1.9B	1.6B	1.4B	1.1B	1.6B	2.0B	2.0B	1.8B	1.8B	1.6B	1.3B	734.0M	598.0M	437.0M	339.0M
Net Margin %	14.0%	12.8%	11.8%	10.8%	8.4%	6.9%	5.9%	5.3%	4.2%	5.8%	7.0%	7.0%	7.2%	7.8%	8.0%	7.2%	4.6%	4.4%	3.7%	3.4%
Net Income Attributable	4.3B	4.3B	3.7B	3.2B	2.2B	1.9B	1.4B	1.3B	1.0B	1.7B	2.0B	2.0B	1.8B	1.7B	1.5B	1.2B	700.0M	558.0M	437.0M	304.0M
Minority Interest	147.0M	80.3M	94.1M	101.0M	126.0M	77.0M	139.0M	119.0M	62.2M	-101.0M	29.4M	1.6M	85.9M	59.7M	63.9M	49.1M	34.2M	39.9M	273,300	35.5M
Eps Basic	3.19	3.14	2.74	2.33	1.63	1.37	1.05	0.94	0.77	1.27	1.47	1.46	1.30	1.29	1.13	0.95	0.54	0.43	0.33	--
Eps Diluted	3.19	3.13	2.73	2.32	1.63	--	1.05	0.94	0.77	1.27	1.47	1.46	1.30	1.29	1.13	0.95	0.54	0.43	0.33	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	18.0B	19.3B	17.9B	14.6B	18.5B	15.3B	12.5B	9.8B	8.6B	8.4B	6.4B	8.5B	7.1B	6.1B	7.6B	5.4B	2.4B	1.3B	1.2B	1.3B
Trading Financial Assets	2.0B	1.9B	2.7B	2.8B	1.9B	1.5B	1.2B	130.0M	--	--	--	--	--	--	--	--	1.8M	--	--	--
Accounts Receivable	102.0M	100.0M	120.0M	125.0M	120.0M	151.0M	111.0M	141.0M	125.0M	118.0M	125.0M	152.0M	82.7M	88.1M	89.8M	92.6M	81.5M	94.2M	113.0M	105.0M
Notes Receivable	--	--	4.5M	200,000	5.6M	75.1M	53.8M	42.2M	26.4M	22.8M	41.6M	84.8M	61.8M	98.3M	12.6M	10.8M	9.1M	37.3M	45.0M	75.2M
Notes And Accounts Receivable	102.0M	100.0M	124.0M	125.0M	125.0M	226.0M	165.0M	184.0M	151.0M	141.0M	167.0M	237.0M	144.0M	186.0M	102.0M	103.0M	90.5M	131.0M	158.0M	180.0M
Prepayments	242.0M	211.0M	282.0M	228.0M	240.0M	117.0M	174.0M	116.0M	51.8M	44.4M	192.0M	132.0M	83.7M	273.0M	49.8M	139.0M	225.0M	862.0M	236.0M	123.0M
Inventory	3.6B	3.5B	4.2B	3.5B	3.3B	3.2B	2.7B	2.4B	2.4B	2.2B	2.5B	2.5B	2.4B	2.7B	1.9B	1.9B	2.8B	2.2B	1.6B	1.4B
Total Current Assets	25.2B	29.6B	32.0B	29.0B	24.6B	21.0B	17.8B	14.1B	12.6B	11.9B	10.4B	12.3B	10.1B	9.6B	9.9B	7.6B	5.7B	4.7B	3.4B	3.2B
Long Term Equity Investment	392.0M	365.0M	368.0M	366.0M	374.0M	377.0M	370.0M	376.0M	380.0M	1.5B	1.5B	1.3B	164.0M	152.0M	153.0M	153.0M	34.4M	33.6M	25.8M	81.0M
Fixed Assets	--	11.1B	11.0B	10.1B	10.3B	10.2B	10.3B	11.0B	11.4B	9.9B	9.1B	8.7B	8.3B	7.2B	5.5B	5.5B	5.5B	5.4B	4.9B	5.4B
Fixed Assets Total	11.8B	11.1B	11.0B	10.1B	10.3B	10.2B	10.3B	11.0B	11.4B	9.9B	9.1B	8.7B	8.4B	7.2B	5.5B	5.5B	5.5B	5.4B	4.9B	5.4B
Construction In Progress	--	499.0M	457.0M	762.0M	340.0M	179.0M	380.0M	200.0M	193.0M	287.0M	1.1B	507.0M	678.0M	624.0M	283.0M	99.3M	108.0M	225.0M	233.0M	112.0M
Construction In Progress Total	631.0M	499.0M	457.0M	762.0M	340.0M	179.0M	380.0M	200.0M	193.0M	287.0M	1.1B	507.0M	678.0M	624.0M	283.0M	99.3M	108.0M	225.0M	233.0M	112.0M
Intangible Assets	2.7B	2.5B	2.6B	2.5B	2.5B	2.6B	2.6B	2.8B	3.0B	2.7B	2.8B	2.5B	2.5B	2.4B	1.3B	1.1B	937.0M	800.0M	746.0M	750.0M
Long Term Deferred Expenses	85.7M	111.0M	102.0M	127.0M	86.3M	35.3M	33.1M	36.0M	39.9M	39.9M	32.6M	21.5M	6.4M	7.6M	7.9M	9.8M	7.2M	8.4M	6.9M	4.3M
Total Non Current Assets	26.2B	19.6B	18.3B	17.6B	16.9B	16.3B	16.3B	16.9B	17.5B	16.6B	16.7B	15.1B	13.5B	12.1B	7.9B	7.3B	6.9B	6.8B	6.1B	6.4B
Total Assets	51.4B	49.3B	50.3B	46.6B	41.5B	37.3B	34.1B	31.0B	30.1B	28.5B	27.0B	27.4B	23.7B	21.6B	17.8B	14.9B	12.5B	11.5B	9.6B	9.6B
Short Term Borrowings	--	--	225.0M	246.0M	703.0M	271.0M	296.0M	283.0M	302.0M	810.0M	433.0M	101.0M	148.0M	163.0M	196.0M	153.0M	415.0M	971.0M	600.0M	949.0M
Accounts Payable	3.1B	3.0B	3.5B	3.1B	2.6B	2.2B	2.2B	2.1B	2.0B	2.6B	2.5B	2.7B	2.0B	1.7B	1.3B	1.1B	1.2B	1.1B	795.0M	711.0M
Advance Receipts	--	--	--	--	--	--	--	1.2B	1.3B	1.0B	788.0M	980.0M	656.0M	751.0M	775.0M	271.0M	341.0M	483.0M	192.0M	219.0M
Contract Liabilities	8.3B	7.7B	8.9B	8.1B	6.6B	6.0B	5.2B	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	17.5B	16.9B	19.7B	18.3B	15.5B	13.4B	12.1B	10.5B	10.3B	9.8B	9.2B	11.1B	7.3B	7.2B	6.0B	4.8B	4.7B	5.3B	3.6B	3.9B
Long Term Borrowings	--	--	--	--	--	209,200	630,500	1.0M	1.4M	1.7M	2.8M	4.9M	452.0M	454.0M	10.7M	28.3M	15.9M	90.9M	53.3M	21.8M
Total Non Current Liabilities	4.0B	4.1B	4.4B	4.5B	4.6B	4.0B	3.3B	2.7B	2.9B	2.6B	2.5B	2.4B	3.5B	3.2B	2.0B	1.5B	1.4B	231.0M	243.0M	161.0M
Total Liabilities	21.6B	21.0B	24.0B	22.8B	20.1B	17.4B	15.4B	13.2B	13.2B	12.3B	11.7B	13.5B	10.9B	10.4B	8.1B	6.3B	6.1B	5.6B	3.9B	4.0B
Paid In Capital	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.3B	1.3B	1.3B	1.3B
Capital Reserve	4.2B	4.2B	4.2B	4.0B	3.7B	3.4B	3.4B	3.4B	3.4B	4.1B	4.1B	4.1B	4.0B	4.0B	4.0B	4.1B	3.0B	2.9B	2.9B	2.8B
Surplus Reserve	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.2B	1.1B	928.0M	809.0M	692.0M	614.0M	536.0M	495.0M	477.0M	599.0M
Retained Earnings	22.0B	20.3B	18.5B	16.3B	14.2B	12.8B	11.6B	10.8B	10.0B	9.5B	8.7B	7.4B	6.2B	4.9B	3.5B	2.3B	1.2B	836.0M	584.0M	231.0M
Minority Equity	799.0M	805.0M	777.0M	792.0M	746.0M	742.0M	719.0M	629.0M	565.0M	-292.0M	-100.0M	-147.0M	315.0M	166.0M	117.0M	175.0M	335.0M	479.0M	453.0M	632.0M
Equity Attributable	29.1B	27.4B	25.5B	23.0B	20.6B	19.2B	18.0B	17.1B	16.3B	16.5B	15.4B	14.0B	12.5B	11.1B	9.6B	8.4B	6.1B	5.5B	5.2B	4.9B
Total Equity	29.9B	28.3B	26.3B	23.8B	21.4B	19.9B	18.7B	17.8B	16.9B	16.2B	15.3B	13.9B	12.8B	11.3B	9.7B	8.6B	6.4B	6.0B	5.7B	5.6B

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	38.1B	37.9B	37.6B	35.9B	32.2B	33.0B	31.9B	29.6B	29.3B	30.2B	31.5B	31.3B	28.0B	25.3B	22.9B	20.4B	18.0B	15.6B	13.8B	11.5B
Tax Refunds Received	28.1M	20.5M	95.3M	15.9M	17.1M	18.5M	29.8M	28.2M	22.8M	10.0M	21.8M	4.5M	19.7M	122.0M	106.0M	117.0M	70.3M	67.7M	64.6M	--
Total Operating Cash Inflow	39.4B	38.8B	38.9B	37.0B	34.0B	34.9B	33.6B	30.5B	30.3B	31.3B	32.8B	32.7B	29.3B	26.6B	23.9B	21.2B	18.8B	16.7B	14.9B	12.5B
Cash Paid For Goods	18.2B	19.8B	19.9B	17.6B	17.0B	16.5B	15.8B	14.5B	13.9B	15.9B	17.5B	16.4B	14.1B	14.3B	11.8B	10.1B	10.1B	9.6B	8.3B	6.3B
Cash Paid To Employees	5.8B	5.5B	5.3B	5.0B	4.5B	4.8B	4.6B	4.3B	4.3B	4.0B	3.8B	3.4B	2.9B	2.4B	2.0B	1.8B	1.5B	1.1B	853.0M	710.0M
Taxes Paid	5.7B	6.2B	5.7B	5.3B	4.9B	5.2B	5.0B	5.3B	5.3B	4.9B	5.5B	5.5B	5.6B	4.9B	4.3B	3.9B	3.5B	2.8B	2.6B	2.2B
Total Operating Cash Outflow	34.2B	36.0B	34.0B	30.9B	29.0B	30.9B	29.6B	28.2B	27.3B	28.7B	31.1B	29.3B	26.2B	24.7B	20.6B	17.9B	17.3B	15.6B	13.8B	11.3B
Operating Cash Flow	5.2B	2.8B	4.9B	6.0B	5.0B	4.0B	4.0B	2.3B	3.0B	2.6B	1.7B	3.4B	3.1B	1.9B	3.3B	3.4B	1.5B	1.1B	1.1B	1.2B
Total Investing Cash Inflow	17.4B	18.0B	17.0B	14.5B	2.9B	2.7B	2.1B	2.4B	3.6B	2.4B	1.0B	968.0M	693.0M	805.0M	679.0M	45.7M	251.0M	138.0M	77.0M	77.1M
Total Investing Cash Outflow	24.8B	21.5B	19.2B	24.7B	4.4B	3.0B	2.9B	3.0B	4.8B	2.6B	2.4B	2.5B	2.7B	4.7B	1.4B	956.0M	1.1B	1.3B	606.0M	502.0M
Investing Cash Flow	-7.4B	-3.5B	-2.2B	-10.2B	-1.5B	-348.0M	-817.0M	-592.0M	-1.2B	-237.0M	-1.4B	-1.5B	-2.0B	-3.9B	-765.0M	-910.0M	-854.0M	-1.1B	-529.0M	-425.0M
Cash From Borrowings	--	--	229.0M	251.0M	720.0M	257.0M	275.0M	329.0M	46.0M	686.0M	335.0M	38.1M	75.4M	732.0M	309.0M	452.0M	714.0M	1.1B	568.0M	917.0M
Dividends And Interest Paid	2.8B	2.5B	1.6B	1.1B	793.0M	711.0M	639.0M	535.0M	597.0M	691.0M	686.0M	618.0M	440.0M	336.0M	262.0M	398.0M	385.0M	347.0M	318.0M	294.0M
Debt Repayments	--	219.0M	271.0M	702.0M	271.0M	290.0M	275.0M	330.0M	919.0M	329.0M	1.8B	208.0M	97.2M	373.0M	309.0M	763.0M	1.4B	646.0M	877.0M	1.5B
Total Financing Cash Inflow	489,800	1.1M	229.0M	258.0M	1.0B	257.0M	275.0M	332.0M	46.0M	990.0M	335.0M	48.1M	146.0M	784.0M	323.0M	1.9B	2.2B	1.1B	606.0M	979.0M
Total Financing Cash Outflow	3.0B	2.9B	1.9B	1.9B	1.4B	1.0B	915.0M	865.0M	1.5B	1.0B	2.8B	826.0M	538.0M	730.0M	583.0M	1.4B	1.8B	997.0M	1.2B	1.8B
Financing Cash Flow	-3.0B	-2.9B	-1.7B	-1.6B	-356.0M	-769.0M	-641.0M	-533.0M	-1.5B	-30.7M	-2.5B	-778.0M	-392.0M	54.6M	-261.0M	472.0M	442.0M	102.0M	-635.0M	-823.0M
Net Change In Cash	-5.2B	-3.5B	1.0B	-5.8B	3.1B	2.9B	2.6B	1.2B	354.0M	2.3B	-2.1B	1.1B	719.0M	-2.0B	2.3B	2.9B	1.1B	76.3M	-36.8M	-70.6M
Ending Cash Balance	4.0B	9.3B	12.8B	11.8B	17.6B	14.6B	11.7B	9.1B	7.9B	7.6B	5.3B	7.4B	6.3B	5.5B	7.6B	5.3B	2.4B	1.3B	1.2B	--
Capex	2.1B	1.6B	1.8B	1.6B	1.3B	1.2B	762.0M	888.0M	856.0M	1.3B	1.9B	2.0B	2.4B	2.4B	1.1B	720.0M	893.0M	1.1B	601.0M	317.0M