600597.SH
光明乳业
SSE · Consumer Defensive · Packaged Foods · CN
CNY 6.64
+0.30%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 23.7B | 23.9B | 24.3B | 26.5B | 28.2B |
| Cost of Revenue | 19.8B | 19.8B | 19.6B | 21.3B | 23.0B |
| Gross Profit | 3.9B | 4.1B | 4.7B | 5.2B | 5.3B |
| Operating Expenses | |||||
| R&D Expense | 136.6M | 137.3M | 136.8M | 86.2M | 84.7M |
| SG&A Expense | — | — | — | — | — |
| General & Admin Expense | 810.4M | 810.2M | 885.5M | 886.2M | 878.4M |
| Selling & Marketing Expense | 2.8B | 2.9B | 3.0B | 3.2B | 3.5B |
| Other Expenses | — | — | — | — | — |
| Total Operating Expenses | 4.0B | 4.1B | 4.3B | 4.5B | 4.7B |
| Cost and Expenses | 23.8B | 23.8B | 23.9B | 25.8B | 27.6B |
| Operating Income (EBIT) | (151.4M) | (13.7M) | 724.8M | 891.5M | 541.2M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | — | — | — | — | — |
| Net Interest Income | — | — | — | — | — |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | (334.7M) | (196.3M) | 442.1M | 816.4M | 497.9M |
| Income Tax Expense | 61.8M | 70.8M | (39.8M) | (14.2M) | 106.7M |
| Bottom Line | |||||
| Net Income | (223.6M) | (149.2M) | 722.0M | 967.3M | 360.7M |
| Earnings from Cont. Ops | (396.5M) | (267.1M) | 481.9M | 830.6M | 391.2M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (223.6M) | (149.2M) | 722.0M | 967.3M | 360.7M |
| Per Share | |||||
| Basic EPS | (CN¥0.16) | (CN¥0.11) | CN¥0.52 | CN¥0.70 | CN¥0.26 |
| Diluted EPS | (CN¥0.16) | (CN¥0.11) | CN¥0.52 | CN¥0.70 | CN¥0.26 |
| Revenue Per Share | CN¥17.81 | CN¥17.62 | CN¥17.48 | CN¥19.17 | CN¥20.34 |
| Shares | |||||
| Basic Shares Outstanding | 1.3B | 1.4B | 1.4B | 1.4B | 1.4B |
| Diluted Shares Outstanding | 1.3B | 1.4B | 1.4B | 1.4B | 1.4B |
| Profitability Metrics | |||||
| EBITDA | — | 1.1B | 1.9B | 2.1B | 1.5B |
| D&A | — | 1.1B | 1.1B | 1.2B | 1.0B |
| EBIT | — | — | — | — | — |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026