Beijing Yanjing Brewery Co Ltd
SZSE:000729
Income Statement
Earnings Waterfall
Beijing Yanjing Brewery Co Ltd
Revenue
|
14.2B
CNY
|
Cost of Revenue
|
-9.9B
CNY
|
Gross Profit
|
4.4B
CNY
|
Operating Expenses
|
-3.6B
CNY
|
Operating Income
|
786.7m
CNY
|
Other Expenses
|
-142m
CNY
|
Net Income
|
644.7m
CNY
|
Income Statement
Beijing Yanjing Brewery Co Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
13 748
N/A
|
13 898
+1%
|
14 139
+2%
|
14 134
0%
|
13 504
-4%
|
13 631
+1%
|
12 784
-6%
|
12 707
-1%
|
12 538
-1%
|
12 500
0%
|
11 794
-6%
|
11 462
-3%
|
11 573
+1%
|
11 639
+1%
|
11 618
0%
|
11 394
-2%
|
11 196
-2%
|
11 302
+1%
|
11 232
-1%
|
11 236
+0%
|
11 344
+1%
|
11 512
+1%
|
11 431
-1%
|
11 481
+0%
|
11 468
0%
|
10 025
-13%
|
10 572
+5%
|
10 964
+4%
|
10 928
0%
|
11 700
+7%
|
11 680
0%
|
11 449
-2%
|
11 961
+4%
|
12 285
+3%
|
12 551
+2%
|
12 897
+3%
|
13 202
+2%
|
13 628
+3%
|
13 919
+2%
|
14 296
+3%
|
14 213
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(9 805)
|
(9 998)
|
(10 185)
|
(10 044)
|
(9 180)
|
(9 523)
|
(8 748)
|
(8 796)
|
(8 580)
|
(8 725)
|
(8 277)
|
(8 131)
|
(7 983)
|
(8 322)
|
(8 435)
|
(8 224)
|
(8 057)
|
(8 436)
|
(8 255)
|
(8 253)
|
(7 828)
|
(8 217)
|
(8 190)
|
(8 135)
|
(7 865)
|
(7 055)
|
(7 513)
|
(7 659)
|
(7 467)
|
(8 169)
|
(8 239)
|
(7 984)
|
(8 219)
|
(8 673)
|
(8 868)
|
(8 992)
|
(9 181)
|
(9 647)
|
(9 774)
|
(9 965)
|
(9 855)
|
|
Gross Profit |
3 944
N/A
|
3 900
-1%
|
3 954
+1%
|
4 090
+3%
|
4 323
+6%
|
4 108
-5%
|
4 036
-2%
|
3 911
-3%
|
3 958
+1%
|
3 776
-5%
|
3 517
-7%
|
3 331
-5%
|
3 591
+8%
|
3 318
-8%
|
3 183
-4%
|
3 170
0%
|
3 139
-1%
|
2 866
-9%
|
2 977
+4%
|
2 983
+0%
|
3 516
+18%
|
3 295
-6%
|
3 241
-2%
|
3 346
+3%
|
3 603
+8%
|
2 970
-18%
|
3 059
+3%
|
3 305
+8%
|
3 461
+5%
|
3 531
+2%
|
3 441
-3%
|
3 465
+1%
|
3 742
+8%
|
3 612
-3%
|
3 683
+2%
|
3 905
+6%
|
4 021
+3%
|
3 981
-1%
|
4 146
+4%
|
4 331
+4%
|
4 358
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 064)
|
(3 029)
|
(3 056)
|
(3 185)
|
(3 373)
|
(3 126)
|
(3 032)
|
(3 059)
|
(3 355)
|
(3 186)
|
(3 056)
|
(2 990)
|
(3 238)
|
(2 954)
|
(2 732)
|
(2 796)
|
(2 927)
|
(2 545)
|
(2 677)
|
(2 679)
|
(3 130)
|
(2 965)
|
(2 923)
|
(2 993)
|
(3 187)
|
(2 973)
|
(3 003)
|
(3 107)
|
(3 065)
|
(3 063)
|
(3 084)
|
(3 055)
|
(3 414)
|
(3 228)
|
(3 413)
|
(3 561)
|
(3 523)
|
(3 424)
|
(3 429)
|
(3 461)
|
(3 571)
|
|
Selling, General & Administrative |
(3 058)
|
(3 014)
|
(3 038)
|
(3 171)
|
(3 188)
|
(3 072)
|
(2 989)
|
(3 012)
|
(3 162)
|
(3 186)
|
(3 051)
|
(2 988)
|
(3 046)
|
(2 957)
|
(2 785)
|
(2 780)
|
(2 695)
|
(2 597)
|
(2 600)
|
(2 607)
|
(2 797)
|
(2 735)
|
(2 708)
|
(2 812)
|
(2 824)
|
(2 724)
|
(2 739)
|
(2 837)
|
(2 688)
|
(2 835)
|
(2 843)
|
(2 731)
|
(3 029)
|
(3 001)
|
(3 185)
|
(3 325)
|
(3 097)
|
(3 140)
|
(3 208)
|
(3 226)
|
(3 260)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(61)
|
(147)
|
0
|
0
|
(60)
|
(125)
|
(103)
|
(175)
|
(137)
|
(181)
|
(208)
|
(223)
|
(233)
|
(194)
|
(223)
|
(238)
|
(319)
|
(190)
|
(278)
|
(284)
|
(295)
|
(220)
|
(301)
|
(312)
|
(327)
|
(230)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(180)
|
0
|
0
|
0
|
(189)
|
0
|
0
|
0
|
(189)
|
0
|
0
|
0
|
(208)
|
0
|
0
|
0
|
(225)
|
0
|
0
|
0
|
(225)
|
0
|
0
|
0
|
(238)
|
0
|
0
|
0
|
(247)
|
0
|
0
|
0
|
(252)
|
0
|
0
|
0
|
(238)
|
|
Other Operating Expenses |
(7)
|
(15)
|
(18)
|
(14)
|
(4)
|
(54)
|
(43)
|
(47)
|
(4)
|
1
|
(4)
|
(2)
|
(4)
|
2
|
53
|
45
|
124
|
52
|
(76)
|
(13)
|
18
|
(126)
|
(39)
|
(44)
|
43
|
(41)
|
(42)
|
(37)
|
55
|
(5)
|
(3)
|
(5)
|
52
|
50
|
56
|
60
|
46
|
17
|
91
|
93
|
157
|
|
Operating Income |
880
N/A
|
871
-1%
|
898
+3%
|
905
+1%
|
951
+5%
|
982
+3%
|
1 004
+2%
|
852
-15%
|
603
-29%
|
590
-2%
|
462
-22%
|
341
-26%
|
353
+3%
|
363
+3%
|
451
+24%
|
374
-17%
|
212
-43%
|
321
+51%
|
301
-6%
|
304
+1%
|
386
+27%
|
330
-14%
|
318
-4%
|
353
+11%
|
416
+18%
|
(3)
N/A
|
56
N/A
|
198
+254%
|
396
+100%
|
467
+18%
|
357
-24%
|
409
+15%
|
328
-20%
|
384
+17%
|
270
-30%
|
345
+28%
|
498
+44%
|
557
+12%
|
717
+29%
|
870
+21%
|
787
-10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
14
|
24
|
(31)
|
(44)
|
(42)
|
(40)
|
(26)
|
(22)
|
(12)
|
(25)
|
(31)
|
(26)
|
5
|
5
|
14
|
24
|
33
|
34
|
42
|
44
|
59
|
58
|
58
|
57
|
68
|
67
|
70
|
79
|
123
|
141
|
158
|
177
|
158
|
163
|
173
|
191
|
198
|
204
|
209
|
211
|
214
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
0
|
0
|
20
|
121
|
38
|
36
|
27
|
(62)
|
8
|
9
|
9
|
(64)
|
0
|
2
|
2
|
(43)
|
0
|
(0)
|
(2)
|
(54)
|
42
|
33
|
36
|
(4)
|
(1)
|
5
|
7
|
21
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(2)
|
19
|
19
|
0
|
145
|
143
|
137
|
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 |
122
|
134
|
223
|
193
|
142
|
94
|
70
|
89
|
104
|
118
|
90
|
217
|
144
|
159
|
103
|
95
|
(8)
|
(31)
|
(13)
|
(10)
|
(2)
|
(5)
|
3
|
1
|
1
|
(14)
|
(15)
|
(16)
|
(16)
|
(4)
|
(0)
|
(1)
|
13
|
11
|
10
|
12
|
3
|
4
|
3
|
15
|
17
|
|
Pre-Tax Income |
1 016
N/A
|
1 030
+1%
|
1 090
+6%
|
1 054
-3%
|
1 049
0%
|
1 055
+1%
|
1 066
+1%
|
919
-14%
|
840
-9%
|
826
-2%
|
658
-20%
|
532
-19%
|
514
-3%
|
527
+3%
|
568
+8%
|
513
-10%
|
358
-30%
|
362
+1%
|
366
+1%
|
365
0%
|
381
+4%
|
391
+3%
|
389
0%
|
420
+8%
|
422
+0%
|
51
-88%
|
113
+123%
|
262
+133%
|
460
+76%
|
605
+32%
|
515
-15%
|
584
+13%
|
445
-24%
|
599
+35%
|
486
-19%
|
583
+20%
|
695
+19%
|
764
+10%
|
935
+22%
|
1 103
+18%
|
1 039
-6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(234)
|
(245)
|
(248)
|
(242)
|
(257)
|
(259)
|
(263)
|
(222)
|
(213)
|
(207)
|
(211)
|
(180)
|
(195)
|
(201)
|
(204)
|
(200)
|
(186)
|
(188)
|
(163)
|
(185)
|
(157)
|
(162)
|
(155)
|
(163)
|
(158)
|
(113)
|
(98)
|
(123)
|
(175)
|
(175)
|
(190)
|
(195)
|
(152)
|
(164)
|
(141)
|
(151)
|
(146)
|
(156)
|
(190)
|
(214)
|
(184)
|
|
Income from Continuing Operations |
781
|
784
|
842
|
812
|
792
|
796
|
804
|
697
|
627
|
619
|
447
|
352
|
319
|
326
|
364
|
313
|
173
|
174
|
203
|
181
|
224
|
229
|
234
|
257
|
263
|
(62)
|
14
|
139
|
285
|
430
|
325
|
388
|
293
|
436
|
346
|
432
|
549
|
608
|
745
|
889
|
855
|
|
Income to Minority Interest |
(101)
|
(99)
|
(107)
|
(103)
|
(65)
|
(67)
|
(61)
|
(29)
|
(40)
|
(37)
|
(5)
|
(4)
|
(7)
|
(8)
|
(12)
|
(9)
|
(11)
|
(12)
|
(26)
|
(19)
|
(44)
|
(44)
|
(49)
|
(49)
|
(34)
|
(13)
|
(28)
|
(67)
|
(88)
|
(96)
|
(109)
|
(109)
|
(65)
|
(98)
|
(55)
|
(95)
|
(197)
|
(192)
|
(229)
|
(253)
|
(210)
|
|
Net Income (Common) |
681
N/A
|
686
+1%
|
735
+7%
|
709
-4%
|
726
+2%
|
729
+0%
|
743
+2%
|
668
-10%
|
588
-12%
|
582
-1%
|
442
-24%
|
349
-21%
|
312
-10%
|
319
+2%
|
352
+10%
|
304
-14%
|
161
-47%
|
162
+1%
|
177
+9%
|
162
-8%
|
180
+11%
|
185
+3%
|
186
+1%
|
208
+12%
|
230
+10%
|
(75)
N/A
|
(13)
+82%
|
72
N/A
|
197
+173%
|
334
+70%
|
216
-35%
|
279
+29%
|
228
-18%
|
337
+48%
|
290
-14%
|
337
+16%
|
352
+4%
|
416
+18%
|
516
+24%
|
636
+23%
|
645
+1%
|
|
EPS (Diluted) |
0.24
N/A
|
0.24
N/A
|
0.27
+13%
|
0.26
-4%
|
0.26
N/A
|
0.26
N/A
|
0.26
N/A
|
0.23
-12%
|
0.21
-9%
|
0.2
-5%
|
0.15
-25%
|
0.12
-20%
|
0.11
-8%
|
0.11
N/A
|
0.13
+18%
|
0.11
-15%
|
0.06
-45%
|
0.06
N/A
|
0.06
N/A
|
0.06
N/A
|
0.06
N/A
|
0.07
+17%
|
0.07
N/A
|
0.08
+14%
|
0.08
N/A
|
-0.03
N/A
|
-0.01
+67%
|
0.02
N/A
|
0.07
+250%
|
0.12
+71%
|
0.08
-33%
|
0.1
+25%
|
0.08
-20%
|
0.12
+50%
|
0.1
-17%
|
0.12
+20%
|
0.12
N/A
|
0.15
+25%
|
0.18
+20%
|
0.23
+28%
|
0.23
N/A
|