Nissin Foods Company Limited (HKG:1475)

Nissin Foods Company Income Statement

Financials in millions HKD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	4,001	3,812	3,833	4,068	3,866
Revenue Growth (YoY)	4.96%	-0.56%	-5.77%	5.21%	9.88%
Cost of Revenue	2,616	2,500	2,530	2,765	2,639
Gross Profit	1,385	1,312	1,303	1,303	1,227
Selling, General & Admin	903.6	855.13	829.72	842.78	769.86
Other Operating Expenses	33.53	38.89	36.2	33.16	35.17
Operating Expenses	937.13	894.74	867.38	876.66	804.77
Operating Income	447.95	417.37	435.69	426.14	422.55
Interest Expense	-0.26	-0.4	-0.27	-0.26	-0.37
Interest & Investment Income	-	25.17	27.9	19.36	16.75
Currency Exchange Gain (Loss)	-	-17.06	-17.57	-11.67	3.45
Other Non Operating Income (Expenses)	11.88	14.31	18.86	25.27	16.96
EBT Excluding Unusual Items	459.56	439.4	464.6	458.85	459.35
Impairment of Goodwill	-	-22.7	-	-	-
Gain (Loss) on Sale of Investments	-	2.95	4.12	-2.84	-0.62
Gain (Loss) on Sale of Assets	-	-3.54	-2.97	-0.62	-17.16
Asset Writedown	-0.1	-113.17	-8.78	-10.3	-
Other Unusual Items	-	-	-	17.79	-
Pretax Income	459.46	302.94	456.97	462.89	441.58
Income Tax Expense	119.93	95.48	123.82	119.99	102.34
Earnings From Continuing Operations	339.53	207.46	333.15	342.9	339.24
Minority Interest in Earnings	-8.11	-6.47	-2.98	-30.14	-35.41
Net Income	331.42	200.99	330.17	312.76	303.82
Net Income to Common	331.42	200.99	330.17	312.76	303.82
Net Income Growth	64.89%	-39.12%	5.57%	2.94%	0.63%
Shares Outstanding (Basic)	1,044	1,044	1,044	1,044	1,057
Shares Outstanding (Diluted)	1,044	1,044	1,044	1,044	1,057
Shares Change (YoY)	-0.02%	-	-0.01%	-1.25%	-1.60%
EPS (Basic)	0.32	0.19	0.32	0.30	0.29
EPS (Diluted)	0.32	0.19	0.32	0.30	0.29
EPS Growth	64.91%	-39.11%	5.57%	4.25%	2.28%
Free Cash Flow	-	315.67	322.37	207.43	187.58
Free Cash Flow Per Share	-	0.30	0.31	0.20	0.18
Dividend Per Share	-	0.096	0.158	0.152	0.146
Dividend Growth	-	-39.13%	4.35%	4.12%	3.63%
Gross Margin	34.62%	34.42%	33.99%	32.03%	31.74%
Operating Margin	11.20%	10.95%	11.37%	10.48%	10.93%
Profit Margin	8.28%	5.27%	8.61%	7.69%	7.86%
Free Cash Flow Margin	-	8.28%	8.41%	5.10%	4.85%
EBITDA	481.45	450.88	469.58	456.33	457.77
EBITDA Margin	12.03%	11.83%	12.25%	11.22%	11.84%
D&A For EBITDA	33.51	33.51	33.9	30.19	35.22
EBIT	447.95	417.37	435.69	426.14	422.55
EBIT Margin	11.20%	10.95%	11.37%	10.48%	10.93%
Effective Tax Rate	26.10%	31.52%	27.10%	25.92%	23.18%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.