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Apple Flavor & Fragrance Group Co Ltd
SSE:603020

Watchlist Manager
Apple Flavor & Fragrance Group Co Ltd
SSE:603020
Watchlist
Price: 11.31 CNY 2.35% Market Closed
Market Cap: ¥4.3B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-22%
5Y
-4%
10Y
+38%
Operating Income
+
3Y
+3%
5Y
-26%
10Y
-29%
Net Income
+
3Y
+29%
5Y
+10%
10Y
+4%

Earnings Waterfall
Apple Flavor & Fragrance Group Co Ltd

Income Statement
Apple Flavor & Fragrance Group Co Ltd

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Income Statement
Currency: CNY
Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
2
3
3
3
3
3
3
3
3
3
3
4
5
5
4
3
3
3
4
4
4
3
0
0
Revenue
1 659
N/A
1 686
+2%
1 745
+3%
1 797
+3%
1 831
+2%
1 931
+5%
2 023
+5%
2 169
+7%
2 281
+5%
2 287
+0%
2 321
+1%
2 300
-1%
2 325
+1%
2 366
+2%
2 368
+0%
2 431
+3%
2 500
+3%
2 489
0%
2 487
0%
2 499
+0%
2 475
-1%
2 440
-1%
2 538
+4%
2 564
+1%
2 668
+4%
2 908
+9%
3 075
+6%
3 224
+5%
3 345
+4%
3 311
-1%
3 243
-2%
3 170
-2%
3 202
+1%
3 142
-2%
3 077
-2%
2 961
-4%
2 783
-6%
2 804
+1%
2 770
-1%
2 750
-1%
2 684
-2%
2 544
-5%
2 468
-3%
2 472
+0%
Gross Profit
Cost of Revenue
(1 280)
(1 294)
(1 337)
(1 379)
(1 406)
(1 487)
(1 577)
(1 706)
(1 801)
(1 837)
(1 866)
(1 847)
(1 887)
(1 948)
(1 966)
(2 025)
(2 071)
(2 043)
(2 021)
(2 012)
(1 975)
(1 959)
(2 057)
(2 089)
(2 222)
(2 413)
(2 558)
(2 718)
(2 813)
(2 808)
(2 774)
(2 723)
(2 752)
(2 705)
(2 652)
(2 544)
(2 383)
(2 403)
(2 358)
(2 330)
(2 254)
(2 138)
(2 080)
(2 087)
Gross Profit
379
N/A
392
+3%
408
+4%
418
+2%
425
+2%
444
+4%
446
+1%
463
+4%
480
+4%
450
-6%
455
+1%
453
0%
438
-3%
417
-5%
401
-4%
406
+1%
429
+6%
446
+4%
465
+4%
487
+5%
500
+3%
481
-4%
481
N/A
475
-1%
446
-6%
494
+11%
517
+5%
506
-2%
532
+5%
503
-5%
469
-7%
447
-5%
450
+1%
437
-3%
424
-3%
417
-2%
400
-4%
401
+0%
412
+3%
420
+2%
430
+2%
406
-6%
388
-4%
385
-1%
Operating Income
Operating Expenses
(207)
(209)
(209)
(228)
(234)
(245)
(247)
(252)
(276)
(264)
(266)
(262)
(275)
(268)
(278)
(286)
(294)
(300)
(304)
(311)
(318)
(312)
(294)
(291)
(234)
(247)
(246)
(244)
(294)
(311)
(311)
(315)
(307)
(308)
(314)
(310)
(297)
(290)
(301)
(298)
(286)
(276)
(264)
(250)
Selling, General & Administrative
(187)
(201)
(209)
(218)
(215)
(234)
(242)
(247)
(255)
(262)
(268)
(268)
(275)
(269)
(272)
(276)
(267)
(272)
(271)
(271)
(287)
(274)
(265)
(263)
(203)
(204)
(201)
(200)
(247)
(261)
(259)
(261)
(250)
(265)
(269)
(267)
(254)
(260)
(269)
(265)
(248)
(246)
(234)
(224)
Research & Development
(8)
0
0
0
(8)
0
0
0
(8)
0
0
(5)
(6)
0
0
(7)
(28)
(27)
(36)
(38)
(31)
(30)
(28)
(29)
(33)
(37)
(41)
(40)
(38)
(40)
(37)
(38)
(43)
(44)
(45)
(43)
(33)
(34)
(33)
(33)
(30)
(31)
(30)
(28)
Depreciation & Amortization
(9)
0
0
0
(9)
0
0
0
(9)
0
0
0
(9)
0
0
0
(10)
0
0
0
(11)
0
0
0
(14)
0
0
0
(20)
0
0
0
(25)
0
0
0
(25)
0
0
0
(21)
0
0
0
Other Operating Expenses
(3)
(8)
(1)
(10)
(2)
(11)
(6)
(6)
(4)
(2)
2
11
15
1
(7)
(3)
11
(1)
2
(3)
11
(8)
(0)
1
15
(6)
(4)
(4)
11
(10)
(16)
(16)
12
2
1
1
15
3
1
0
14
1
(1)
3
Operating Income
172
N/A
183
+7%
199
+9%
190
-5%
191
+1%
198
+4%
199
+0%
211
+6%
205
-3%
186
-9%
189
+2%
191
+1%
162
-15%
149
-8%
123
-18%
120
-2%
135
+12%
146
+8%
161
+11%
176
+9%
182
+3%
169
-7%
188
+11%
183
-2%
212
+16%
248
+17%
271
+9%
262
-3%
238
-9%
192
-19%
158
-18%
132
-16%
144
+9%
129
-10%
111
-14%
107
-3%
103
-4%
111
+7%
111
+0%
122
+11%
144
+18%
130
-10%
124
-4%
135
+9%
Pre-Tax Income
Interest Income Expense
3
(2)
2
13
21
28
28
20
28
25
27
29
33
33
36
39
32
28
23
20
46
47
48
44
43
40
39
41
79
80
86
90
32
36
35
33
31
30
27
27
28
102
128
128
Non-Reccuring Items
0
0
0
0
0
0
0
0
(1)
(1)
(1)
(1)
0
0
0
0
(1)
0
0
0
(15)
0
0
0
(17)
(0)
(0)
(0)
(10)
0
0
0
(2)
(1)
(1)
(1)
7
0
0
6
75
6
6
0
Gain/Loss on Disposition of Assets
(0)
0
(0)
(0)
(0)
(0)
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
16
10
11
16
17
21
16
13
14
9
6
2
(1)
(1)
(7)
(6)
(6)
(6)
(1)
(1)
(2)
(3)
(3)
(3)
1
2
2
2
(1)
(1)
(2)
(2)
(9)
(10)
(11)
(11)
1
0
1
1
(0)
(1)
(0)
(0)
Pre-Tax Income
190
N/A
191
+0%
212
+11%
218
+3%
228
+4%
246
+8%
243
-1%
244
+0%
245
+1%
219
-11%
221
+1%
222
+0%
194
-12%
181
-7%
152
-16%
153
+1%
160
+4%
167
+5%
184
+10%
195
+6%
211
+8%
214
+1%
233
+9%
225
-3%
239
+6%
289
+21%
311
+8%
304
-2%
307
+1%
271
-12%
242
-11%
221
-9%
165
-25%
154
-7%
135
-12%
129
-4%
142
+10%
140
-1%
138
-2%
156
+13%
246
+58%
237
-4%
258
+9%
264
+2%
Net Income
Tax Provision
(35)
(34)
(41)
(40)
(45)
(50)
(50)
(52)
(51)
(44)
(44)
(44)
(38)
(35)
(29)
(29)
(31)
(34)
(35)
(37)
(41)
(40)
(42)
(42)
(47)
(58)
(65)
(62)
(60)
(56)
(51)
(51)
(41)
(37)
(35)
(33)
(30)
(32)
(32)
(37)
(55)
(52)
(50)
(51)
Income from Continuing Operations
155
157
171
178
183
196
193
191
194
175
177
178
156
146
123
125
128
134
148
158
170
174
191
183
193
231
245
242
247
215
190
170
125
117
100
96
111
109
106
119
191
184
208
212
Income to Minority Interest
(1)
(0)
(2)
(3)
(5)
(4)
(2)
(3)
(4)
(7)
(10)
(11)
(12)
(12)
(15)
(17)
(18)
(20)
(20)
(22)
(19)
(17)
(18)
(18)
(23)
(34)
(46)
(47)
(44)
(39)
(32)
(29)
(15)
(15)
(11)
(10)
(21)
(23)
(24)
(29)
(32)
(27)
(28)
(30)
Net Income (Common)
155
N/A
157
+1%
169
+8%
175
+4%
178
+2%
191
+7%
191
0%
188
-2%
191
+2%
168
-12%
167
0%
167
+0%
144
-14%
134
-7%
108
-19%
108
0%
110
+2%
113
+3%
128
+13%
136
+6%
152
+12%
156
+3%
173
+10%
166
-4%
170
+3%
197
+16%
200
+1%
195
-2%
203
+4%
175
-14%
158
-10%
141
-10%
110
-22%
102
-7%
89
-13%
86
-3%
91
+5%
86
-5%
82
-4%
89
+9%
159
+78%
157
-1%
180
+15%
182
+1%
EPS (Diluted)
0.64
N/A
0.65
+2%
0.52
-20%
0.54
+4%
0.59
+9%
0.6
+2%
0.6
N/A
0.59
-2%
0.6
+2%
0.52
-13%
0.52
N/A
0.52
N/A
0.45
-13%
0.42
-7%
0.34
-19%
0.34
N/A
0.34
N/A
0.35
+3%
0.39
+11%
0.42
+8%
0.47
+12%
0.49
+4%
0.54
+10%
0.52
-4%
0.53
+2%
0.62
+17%
0.63
+2%
0.61
-3%
0.61
N/A
0.45
-26%
0.41
-9%
0.37
-10%
0.29
-22%
0.27
-7%
0.24
-11%
0.23
-4%
0.24
+4%
0.23
-4%
0.22
-4%
0.23
+5%
0.42
+83%
0.42
N/A
0.48
+14%
0.49
+2%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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