Income Statement (TTM)
China Mengniu Dairy Company Limited Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 09-30 |
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 76,370 | 76,035 | 80,221 | 84,407 | 86,274 | 88,141 | 89,050 | 89,959 | 91,276 | 92,593 | 94,291 | 95,990 | 97,307 | 98,624 | 95,400 | 92,176 | 90,425 | 88,675 | 87,123 | 85,571 |
| Change (%) | -0.44 | 5.51 | 5.22 | 2.21 | 2.16 | 1.03 | 1.02 | 1.46 | 1.44 | 1.83 | 1.80 | 1.37 | 1.35 | -3.27 | -3.38 | -1.90 | -1.94 | -1.75 | -1.78 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 47,769 | 47,501 | 50,252 | 53,002 | 54,469 | 55,935 | 56,902 | 57,870 | 59,006 | 60,142 | 60,711 | 61,281 | 61,794 | 62,308 | 60,068 | 57,828 | 56,162 | 54,495 | 53,198 | 51,901 |
| Change (%) | -0.56 | 5.79 | 5.47 | 2.77 | 2.69 | 1.73 | 1.70 | 1.96 | 1.93 | 0.95 | 0.94 | 0.84 | 0.83 | -3.59 | -3.73 | -2.88 | -2.97 | -2.38 | -2.44 | |
| % of Revenue | 62.55 | 62.47 | 62.64 | 62.79 | 63.13 | 63.46 | 63.90 | 64.33 | 64.65 | 64.95 | 64.39 | 63.84 | 63.50 | 63.18 | 62.96 | 62.74 | 62.11 | 61.46 | 61.06 | 60.65 |
| Gross Operating Profit | 28,601 | 28,533 | 29,969 | 31,404 | 31,805 | 32,206 | 32,148 | 32,089 | 32,270 | 32,452 | 33,580 | 34,708 | 35,512 | 36,316 | 35,332 | 34,348 | 34,263 | 34,179 | 33,925 | 33,671 |
| Change (%) | -0.24 | 5.03 | 4.79 | 1.28 | 1.26 | -0.18 | -0.18 | 0.57 | 0.56 | 3.48 | 3.36 | 2.32 | 2.26 | -2.71 | -2.79 | -0.24 | -0.25 | -0.74 | -0.75 | |
| % of Revenue | 37.45 | 37.53 | 37.36 | 37.21 | 36.87 | 36.54 | 36.10 | 35.67 | 35.35 | 35.05 | 35.61 | 36.16 | 36.50 | 36.82 | 37.04 | 37.26 | 37.89 | 38.54 | 38.94 | 39.35 |
| SG&A | 24,977 | 24,829 | 25,609 | 26,389 | 26,800 | 27,210 | 27,277 | 27,345 | 27,206 | 27,068 | 27,792 | 28,517 | 29,287 | 30,056 | 29,320 | 28,584 | 28,017 | 27,450 | 26,934 | 26,417 |
| Change (%) | -0.59 | 3.14 | 3.05 | 1.56 | 1.53 | 0.25 | 0.25 | -0.51 | -0.51 | 2.68 | 2.61 | 2.70 | 2.63 | -2.45 | -2.51 | -1.98 | -2.02 | -1.88 | -1.92 | |
| % of Revenue | 32.70 | 32.66 | 31.92 | 31.26 | 31.06 | 30.87 | 30.63 | 30.40 | 29.81 | 29.23 | 29.48 | 29.71 | 30.10 | 30.48 | 30.73 | 31.01 | 30.98 | 30.96 | 30.91 | 30.87 |
| R&D | ||||||||||||||||||||
| Change (%) | ||||||||||||||||||||
| % of Revenue | ||||||||||||||||||||
| OpEx | 74,106 | 73,900 | 77,189 | 80,479 | 82,182 | 83,886 | 84,943 | 85,999 | 86,997 | 87,994 | 89,316 | 90,638 | 91,904 | 93,169 | 90,165 | 87,162 | 84,934 | 82,706 | 80,871 | 79,036 |
| Change (%) | -0.28 | 4.45 | 4.26 | 2.12 | 2.07 | 1.26 | 1.24 | 1.16 | 1.15 | 1.50 | 1.48 | 1.40 | 1.38 | -3.22 | -3.33 | -2.56 | -2.62 | -2.22 | -2.27 | |
| % of Revenue | 97.03 | 97.19 | 96.22 | 95.35 | 95.26 | 95.17 | 95.39 | 95.60 | 95.31 | 95.03 | 94.72 | 94.42 | 94.45 | 94.47 | 94.51 | 94.56 | 93.93 | 93.27 | 92.82 | 92.36 |
| Operating Income | 2,265 | 2,135 | 3,031 | 3,928 | 4,092 | 4,255 | 4,107 | 3,959 | 4,279 | 4,600 | 4,976 | 5,352 | 5,403 | 5,455 | 5,235 | 5,014 | 5,492 | 5,969 | 6,252 | 6,535 |
| Change (%) | -5.75 | 42.01 | 29.58 | 4.16 | 3.99 | -3.47 | -3.60 | 8.09 | 7.48 | 8.18 | 7.56 | 0.96 | 0.95 | -4.04 | -4.21 | 9.52 | 8.69 | 4.75 | 4.53 | |
| % of Revenue | 2.97 | 2.81 | 3.78 | 4.65 | 4.74 | 4.83 | 4.61 | 4.40 | 4.69 | 4.97 | 5.28 | 5.58 | 5.55 | 5.53 | 5.49 | 5.44 | 6.07 | 6.73 | 7.18 | 7.64 |
| Interest Expense | -602 | -572 | -563 | -553 | -648 | -743 | -850 | -957 | -1,041 | -1,125 | -1,230 | -1,334 | -1,452 | -1,569 | -1,648 | -1,726 | -1,597 | -1,468 | -1,330 | -1,192 |
| Change (%) | -4.89 | -1.70 | -1.73 | 17.21 | 14.69 | 14.36 | 12.56 | 8.82 | 8.10 | 9.27 | 8.49 | 8.82 | 8.11 | 5.01 | 4.77 | -7.49 | -8.10 | -9.41 | -10.39 | |
| % of Revenue | -0.79 | -0.75 | -0.70 | -0.65 | -0.75 | -0.84 | -0.95 | -1.06 | -1.14 | -1.22 | -1.30 | -1.39 | -1.49 | -1.59 | -1.73 | -1.87 | -1.77 | -1.66 | -1.53 | -1.39 |
| Net Income | 3,383 | 3,525 | 4,393 | 5,260 | 5,143 | 5,026 | 5,428 | 5,830 | 5,567 | 5,303 | 4,938 | 4,572 | 4,691 | 4,809 | 4,522 | 4,235 | 2,170 | 105 | -96 | -296 |
| Change (%) | 4.21 | 24.61 | 19.75 | -2.23 | -2.28 | 8.01 | 7.41 | -4.52 | -4.74 | -6.89 | -7.40 | 2.59 | 2.53 | -5.97 | -6.35 | -48.77 | -95.18 | -191.51 | 209.28 | |
| % of Revenue | 4.43 | 4.64 | 5.48 | 6.23 | 5.96 | 5.70 | 6.10 | 6.48 | 6.10 | 5.73 | 5.24 | 4.76 | 4.82 | 4.88 | 4.74 | 4.59 | 2.40 | 0.12 | -0.11 | -0.35 |
Source: Capital IQ
