Tsingtao Brewery Company Limited Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
33,937M
5.49%
20,817M
13,120M
8,324M
366M
101M
5,737M
16M
5,746M
1,398M
4,268M
15.02%
29,141M
460M
6,645M
1,140M
5,505M
32,172M
6.65%
20,318M
11,854M
7,583M
411M
63M
5,001M
17M
5,006M
1,201M
3,711M
17.59%
27,901M
409M
5,967M
1,084M
4,883M
30,167M
8.67%
19,091M
11,076M
7,583M
554M
31M
4,455M
29M
4,479M
1,223M
3,155M
43.34%
26,674M
243M
5,085M
208M
3,975M
27,760M
-0.80%
16,541M
11,219M
8,386M
407M
21M
3,250M
19M
3,240M
913M
2,201M
18.86%
24,927M
483M
4,483M
1,145M
3,338M
27,984M
5.30%
17,080M
10,903M
8,716M
292M
21M
2,698M
16M
2,727M
798M
1,852M
30.23%
25,797M
477M
3,866M
1,125M
2,741M
26,575M
1.13%
16,556M
10,019M
8,078M
313M
20M
2,378M
14M
2,380M
819M
1,422M
12.60%
24,634M
497M
3,613M
1,138M
2,475M
26,277M
0.65%
15,622M
10,655M
9,034M
326M
19M
1,992M
11M
2,105M
723M
1,263M
21.04%
24,656M
380M
3,333M
1,161M
2,172M
26,106M
-5.53%
15,265M
10,841M
9,601M
355M
19M
1,640M
13M
2,123M
1,018M
1,043M
-39.09%
24,867M
244M
3,503M
0M
2,370M
27,635M
-4.87%
17,192M
10,443M
9,347M
1,412M
19M
1,855M
9M
2,275M
0M
1,713M
-13.92%
26,539M
0M
3,367M
0M
2,416M
29,049M
2.68%
17,899M
11,150M
9,228M
1,362M
0M
2,284M
1M
2,683M
0M
1,990M
0.85%
27,127M
0M
3,666M
0M
2,743M
28,291M
9.73%
17,008M
11,283M
9,411M
1,573M
0M
2,351M
83M
2,667M
0M
1,973M
12.20%
26,419M
0M
3,736M
0M
2,857M
25,782M
11.33%
15,434M
10,348M
8,401M
400M
0M
2,138M
104M
2,484M
0M
1,759M
1.20%
23,835M
0M
3,465M
0M
2,626M
23,158M
16.38%
13,417M
9,741M
7,623M
375M
0M
2,142M
97M
2,455M
0M
1,738M
14.30%
21,040M
0M
3,399M
0M
2,705M
19,898M
10.38%
11,234M
8,663M
6,660M
306M
0M
1,936M
83M
2,123M
0M
1,520M
21.32%
17,895M
0M
2,873M
0M
2,317M
18,026M
12.50%
10,285M
7,741M
6,030M
998M
0M
1,589M
96M
1,739M
0M
1,253M
79.16%
16,315M
0M
2,492M
0M
1,947M
16,023M
16.88%
9,509M
6,514M
5,298M
902M
0M
989M
98M
1,108M
0M
700M
25.34%
14,807M
0M
1,927M
0M
1,374M
13,709M
17.40%
8,002M
5,708M
4,641M
667M
0M
886M
39M
1,004M
0M
558M
28.34%
12,642M
0M
1,749M
0M
1,221M
11,677M
16.54%
6,805M
4,872M
4,087M
897M
0M
710M
39M
615M
0M
435M
43.08%
10,892M
0M
1,217M
0M
654M
10,020M
16.23%
5,944M
4,076M
3,463M
773M
0M
594M
69M
528M
0M
304M
8.66%
9,407M
0M
1,180M
0M
598M
8,621M
14.82%
5,027M
3,593M
3,040M
698M
0M
493M
70M
473M
0M
280M
10.18%
8,067M
0M
1,056M
0M
543M
7,508M
8.23%
4,326M
3,182M
2,684M
624M
0M
423M
113M
426M
0M
254M
10.06%
7,010M
0M
1,071M
0M
539M
6,937M
31.46%
4,058M
2,879M
2,431M
585M
0M
347M
147M
377M
0M
231M
124.18%
6,489M
0M
1,003M
0M
524M
5,277M
40.11%
3,152M
2,125M
1,944M
485M
0M
103M
137M
183M
0M
103M
8.07%
5,096M
0M
852M
0M
320M
3,766M
54.01%
2,245M
1,521M
1,345M
336M
0M
108M
115M
161M
0M
95M
6.40%
3,591M
0M
580M
0M
278M
2,445M
41.95%
1,464M
982M
838M
200M
0M
97M
54M
131M
0M
89M
-9.62%
2,302M
0M
325M
0M
146M
1,723M
12.49%
1,071M
652M
527M
158M
0M
128M
11M
128M
0M
99M
-3.16%
1,598M
0M
246M
0M
125M
1,531M
1.03%
1,020M
511M
405M
124M
0M
133M
30M
131M
0M
102M
45.56%
1,425M
0M
106M
0M
133M
1,516M
2.98%
1,118M
398M
332M
142M
0M
83M
24M
78M
0M
70M
-49.90%
1,450M
0M
66M
0M
83M
1,472M
33.33%
1,115M
357M
241M
82M
0M
173M
54M
171M
0M
140M
-15.44%
1,356M
0M
116M
0M
173M
1,104M
-
0M
1,104M
913M
0M
0M
191M
0M
195M
0M
166M
-15.44%
913M
0M
1,104M
0M
191M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
2Q2004
1Q2004
4Q2003
3Q2003
2Q2003
1Q2003
4Q2002
3Q2002
2Q2002
1Q2002
2,958M
-3.37%
2,146M
813M
1,952M
-658M
65M
-853M
10M
-849M
-198M
-640M
15.01%
4,098M
123M
-913M
0M
-853M
9,386M
-4.58%
5,545M
3,841M
2,054M
865M
13M
1,987M
-1M
1,991M
474M
1,482M
4.75%
7,599M
123M
1,936M
0M
1,987M
10,886M
8.16%
6,522M
4,363M
1,960M
-160M
11M
2,641M
5M
2,640M
632M
1,974M
14.40%
8,483M
112M
2,587M
0M
2,641M
10,706M
16.27%
6,604M
4,102M
2,357M
320M
11M
1,961M
3M
1,964M
490M
1,451M
28.86%
8,961M
102M
1,894M
0M
1,961M
3,062M
-9.83%
2,289M
773M
1,611M
679M
33M
-729M
10M
-732M
-171M
-556M
22.19%
3,900M
89M
-702M
0M
-729M
9,837M
16.00%
6,099M
3,739M
2,046M
877M
13M
1,885M
2M
1,893M
435M
1,415M
18.37%
8,144M
140M
1,864M
0M
1,885M
10,065M
7.49%
6,207M
3,857M
1,778M
142M
11M
2,323M
6M
2,324M
568M
1,726M
23.85%
7,985M
117M
2,263M
0M
2,323M
9,208M
3.14%
5,723M
3,485M
2,148M
355M
6M
1,522M
3M
1,521M
369M
1,126M
10.20%
7,871M
62M
1,458M
0M
1,522M
3,395M
1.73%
4,007M
-612M
388M
579M
17M
-458M
12M
-456M
5M
-455M
-41.37%
4,394M
49M
-880M
0M
-458M
8,480M
-3.01%
4,914M
3,566M
2,022M
878M
5M
1,632M
2M
1,645M
414M
1,195M
6.43%
6,935M
54M
1,689M
0M
1,632M
9,363M
-0.24%
5,272M
4,092M
2,378M
84M
4M
1,884M
10M
1,893M
460M
1,394M
5.74%
7,650M
66M
1,832M
0M
1,884M
8,928M
41.87%
4,899M
4,029M
2,796M
339M
4M
1,398M
5M
1,398M
344M
1,022M
90.26%
7,695M
74M
1,334M
0M
1,398M
3,338M
8.12%
2,370M
968M
1,852M
483M
10M
-886M
8M
-884M
-100M
-777M
5.87%
4,222M
120M
-771M
0M
-886M
8,743M
4.76%
5,039M
3,704M
2,285M
387M
5M
1,561M
2M
1,566M
394M
1,123M
17.57%
7,324M
127M
1,561M
0M
1,561M
9,386M
9.15%
5,360M
4,026M
2,360M
130M
3M
1,810M
6M
1,814M
429M
1,318M
60.12%
7,720M
116M
1,813M
0M
1,810M
6,293M
-20.86%
3,772M
2,521M
1,888M
239M
3M
766M
4M
744M
190M
537M
-33.48%
5,660M
115M
737M
0M
766M
3,087M
5.20%
2,189M
898M
1,918M
602M
9M
-937M
6M
-929M
-131M
-734M
8.28%
4,107M
102M
-900M
0M
-937M
8,346M
-1.66%
4,979M
3,367M
2,203M
303M
4M
1,327M
4M
1,334M
332M
955M
19.78%
7,182M
140M
1,322M
0M
1,327M
8,599M
8.83%
5,114M
3,485M
2,461M
166M
4M
1,186M
4M
1,199M
317M
823M
29.59%
7,575M
130M
1,186M
0M
1,186M
7,951M
9.65%
4,798M
3,153M
2,135M
278M
4M
1,123M
4M
1,123M
280M
808M
21.04%
6,933M
105M
1,135M
0M
1,123M
2,934M
1.46%
2,194M
741M
1,378M
593M
7M
-625M
4M
-731M
0M
-678M
11.72%
3,572M
0M
-644M
0M
-625M
8,487M
1.98%
5,175M
3,312M
2,290M
328M
6M
1,174M
4M
1,215M
0M
798M
10.61%
7,465M
0M
1,223M
0M
1,174M
7,902M
-1.51%
4,843M
3,059M
2,338M
161M
7M
885M
103M
925M
0M
635M
11.58%
7,181M
0M
1,068M
0M
885M
7,252M
3.01%
4,344M
2,908M
2,072M
279M
7M
944M
97M
971M
0M
667M
15.16%
6,416M
0M
831M
0M
944M
2,892M
-5.79%
2,157M
735M
1,521M
533M
1M
-728M
288M
-673M
0M
-606M
-23.86%
3,679M
0M
-260M
0M
-728M
8,322M
0.39%
4,721M
3,601M
2,674M
316M
5M
1,043M
112M
1,052M
0M
721M
-6.48%
7,395M
0M
933M
0M
1,043M
8,023M
1.75%
4,587M
3,436M
2,705M
143M
0M
841M
77M
846M
0M
569M
6.35%
7,291M
0M
995M
0M
841M
7,040M
2.60%
4,157M
2,883M
2,134M
262M
0M
836M
72M
880M
0M
579M
8.51%
6,291M
0M
753M
0M
836M
3,070M
-7.52%
2,110M
960M
1,637M
671M
0M
-615M
206M
-489M
0M
-797M
2,374.75%
3,747M
0M
270M
0M
-615M
8,290M
0.51%
4,427M
3,864M
3,195M
408M
0M
853M
64M
1,095M
0M
771M
41.06%
7,622M
0M
694M
0M
853M
7,884M
-11.29%
4,688M
3,197M
2,642M
314M
0M
654M
72M
732M
0M
535M
-21.04%
7,330M
0M
986M
0M
654M
6,862M
-4.41%
4,041M
2,820M
2,127M
305M
0M
748M
65M
785M
0M
534M
2.47%
6,168M
0M
697M
0M
748M
3,320M
0.21%
2,295M
1,025M
1,745M
418M
0M
-239M
240M
-104M
0M
-32M
-83.00%
4,040M
0M
512M
0M
-239M
8,248M
-6.04%
5,075M
3,174M
2,631M
358M
0M
649M
83M
731M
0M
547M
-29.46%
7,706M
0M
556M
0M
649M
8,888M
-6.93%
5,476M
3,412M
2,770M
317M
0M
770M
65M
914M
0M
678M
-17.25%
8,247M
0M
1,061M
0M
770M
7,178M
-3.10%
4,346M
2,832M
2,201M
320M
0M
675M
61M
734M
0M
521M
-11.05%
6,547M
0M
667M
0M
675M
3,313M
-19.17%
2,378M
935M
1,362M
415M
0M
-403M
65M
-250M
0M
-189M
-1.11%
3,740M
0M
378M
0M
-403M
8,778M
-4.80%
5,377M
3,402M
2,522M
347M
0M
1,008M
96M
1,053M
0M
775M
0.63%
7,899M
0M
882M
0M
1,008M
9,550M
10.29%
5,720M
3,830M
2,940M
308M
0M
1,025M
110M
1,092M
0M
819M
-9.69%
8,660M
0M
1,328M
0M
1,025M
7,408M
17.36%
4,425M
2,983M
2,404M
292M
0M
655M
85M
788M
0M
586M
20.02%
6,829M
0M
591M
0M
655M
4,098M
2.81%
2,763M
1,335M
1,625M
610M
0M
-247M
263M
-120M
0M
-192M
-351.17%
4,388M
0M
653M
0M
-247M
9,221M
9.91%
5,491M
3,730M
2,879M
360M
0M
953M
83M
1,024M
0M
770M
14.04%
8,371M
0M
854M
0M
953M
8,659M
10.94%
5,048M
3,611M
2,905M
138M
0M
997M
84M
1,064M
0M
907M
62.86%
7,953M
0M
1,238M
0M
997M
6,312M
12.72%
3,705M
2,607M
2,002M
302M
0M
648M
41M
698M
0M
488M
8.30%
5,707M
0M
606M
0M
648M
3,986M
0.04%
2,598M
1,388M
1,499M
504M
0M
-58M
236M
127M
0M
76M
3.34%
4,096M
0M
535M
0M
-58M
8,390M
17.78%
4,857M
3,533M
2,710M
340M
0M
876M
49M
938M
0M
675M
0.14%
7,567M
0M
845M
0M
876M
7,806M
14.70%
4,576M
3,230M
2,521M
97M
0M
753M
94M
794M
0M
557M
-6.65%
7,097M
0M
952M
0M
753M
5,600M
6.77%
3,403M
2,197M
1,671M
269M
0M
567M
41M
625M
0M
451M
14.53%
5,075M
0M
532M
0M
567M
3,985M
12.25%
2,503M
1,481M
1,524M
419M
0M
-43M
117M
101M
0M
74M
-1,811.66%
4,027M
0M
523M
0M
-43M
7,123M
10.95%
4,073M
3,050M
2,173M
299M
0M
903M
23M
963M
0M
674M
-2.95%
6,246M
0M
891M
0M
903M
6,805M
17.59%
3,887M
2,918M
2,154M
103M
0M
760M
42M
824M
0M
597M
9.37%
6,041M
0M
908M
0M
760M
5,245M
26.67%
2,953M
2,292M
1,772M
235M
0M
522M
1M
567M
0M
393M
38.21%
4,725M
0M
522M
0M
522M
3,550M
7.85%
2,115M
1,435M
1,339M
356M
0M
42M
51M
105M
0M
-4M
157.82%
3,454M
0M
394M
0M
42M
6,420M
14.04%
3,584M
2,836M
1,955M
255M
0M
886M
3M
906M
0M
695M
12.94%
5,539M
0M
892M
0M
886M
5,787M
9.36%
3,196M
2,591M
1,943M
212M
0M
642M
24M
694M
0M
545M
23.86%
5,140M
0M
774M
0M
642M
4,141M
8.59%
2,339M
1,801M
1,423M
195M
0M
366M
17M
418M
0M
285M
42.72%
3,762M
0M
384M
0M
366M
3,292M
11.60%
1,970M
1,322M
1,215M
374M
0M
28M
36M
81M
0M
-2M
531.19%
3,184M
0M
345M
0M
28M
5,630M
8.90%
3,064M
2,565M
1,782M
242M
0M
779M
18M
823M
0M
615M
93.03%
4,846M
0M
776M
0M
779M
5,292M
22.46%
2,957M
2,335M
1,797M
201M
0M
520M
31M
556M
0M
440M
75.10%
4,754M
0M
608M
0M
520M
3,813M
6.43%
2,294M
1,519M
1,236M
181M
0M
262M
20M
280M
0M
199M
53.83%
3,530M
0M
285M
0M
262M
2,950M
13.62%
1,848M
1,102M
888M
341M
0M
20M
64M
60M
0M
0M
-99.81%
2,736M
0M
385M
0M
20M
5,170M
20.79%
2,991M
2,178M
1,736M
202M
0M
425M
18M
452M
0M
319M
-3.03%
4,728M
0M
421M
0M
425M
4,321M
8.66%
2,573M
1,748M
1,417M
180M
0M
316M
49M
343M
0M
251M
-9.73%
3,990M
0M
417M
0M
316M
3,583M
25.43%
2,097M
1,486M
1,257M
179M
0M
227M
5M
253M
0M
130M
46.94%
3,354M
0M
233M
0M
227M
2,596M
15.81%
1,599M
997M
904M
212M
0M
-25M
39M
10M
0M
-137M
-764.01%
2,503M
0M
187M
0M
-25M
4,280M
16.68%
2,380M
1,900M
1,489M
209M
0M
408M
4M
449M
0M
329M
54.85%
3,869M
0M
415M
0M
408M
3,977M
17.77%
2,327M
1,650M
1,250M
102M
0M
345M
16M
371M
0M
279M
119.21%
3,577M
0M
460M
0M
345M
2,856M
19.49%
1,695M
1,161M
998M
144M
0M
158M
5M
175M
0M
88M
17.77%
2,693M
0M
163M
0M
158M
2,242M
27.64%
1,342M
899M
722M
248M
0M
67M
34M
-40M
0M
21M
-178.51%
2,064M
0M
129M
0M
46M
3,668M
11.61%
2,080M
1,588M
1,336M
263M
0M
261M
5M
310M
0M
212M
26.97%
3,416M
0M
456M
0M
252M
3,377M
14.54%
1,971M
1,406M
1,202M
203M
0M
232M
13M
218M
0M
127M
34.86%
3,173M
0M
295M
0M
217M
2,391M
17.82%
1,412M
978M
827M
182M
0M
151M
10M
128M
0M
75M
8.70%
2,239M
0M
350M
0M
151M
1,756M
14.35%
1,101M
655M
576M
170M
0M
45M
52M
-16M
0M
-26M
286.89%
1,677M
0M
224M
0M
64M
3,286M
19.63%
1,897M
1,390M
1,172M
238M
0M
239M
7M
254M
0M
167M
20.87%
3,069M
0M
359M
0M
218M
2,948M
16.11%
1,717M
1,231M
1,025M
201M
0M
207M
13M
183M
0M
94M
11.59%
2,742M
0M
351M
0M
206M
2,029M
12.82%
1,229M
800M
690M
164M
0M
102M
12M
108M
0M
69M
8.01%
1,919M
0M
246M
0M
110M
1,536M
20.79%
955M
581M
561M
159M
0M
-37M
35M
14M
0M
-7M
11.33%
1,516M
0M
142M
0M
9M
2,747M
14.42%
1,561M
1,187M
979M
215M
0M
211M
8M
214M
0M
138M
-3.69%
2,539M
0M
342M
0M
208M
2,539M
14.80%
1,447M
1,093M
854M
172M
0M
230M
23M
153M
0M
84M
48.97%
2,300M
0M
316M
0M
193M
1,798M
10.78%
1,065M
733M
646M
152M
0M
89M
12M
92M
0M
64M
6.85%
1,711M
0M
210M
0M
87M
1,271M
4.43%
708M
563M
546M
144M
0M
10M
22M
20M
0M
-6M
68.99%
1,254M
0M
214M
0M
59M
2,401M
9.02%
1,317M
1,084M
847M
173M
0M
220M
24M
222M
0M
144M
28.82%
2,164M
0M
371M
0M
237M
2,212M
7.00%
1,299M
913M
779M
166M
0M
113M
33M
100M
0M
57M
-15.70%
2,077M
0M
263M
0M
144M
1,624M
12.01%
989M
634M
526M
141M
0M
80M
35M
85M
0M
60M
7.45%
1,515M
0M
233M
0M
109M
1,218M
-
767M
451M
482M
91M
0M
-51M
38M
-15M
0M
-4M
7.45%
1,249M
0M
45M
0M
-51M
2,202M
-
1,219M
983M
777M
189M
0M
178M
31M
180M
0M
111M
7.45%
1,996M
0M
189M
0M
178M
2,067M
-
1,192M
875M
702M
168M
0M
146M
42M
131M
0M
67M
7.45%
1,894M
0M
190M
0M
146M
1,449M
-
880M
570M
469M
137M
0M
74M
35M
82M
0M
56M
7.45%
1,349M
0M
101M
0M
74M