Nissin Foods Company Limited (HKG:1475)

Nissin Foods Company Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,057	3,812	3,833	4,068	3,866	3,519
Revenue Growth (YoY)	9.81%	-0.56%	-5.77%	5.21%	9.88%	13.96%
Cost of Revenue	2,637	2,500	2,530	2,765	2,639	2,360
Gross Profit	1,420	1,312	1,303	1,303	1,227	1,159
Selling, General & Admin	929.39	855.13	829.72	842.78	769.86	714.69
Other Operating Expenses	35.7	38.89	36.2	33.16	35.17	72.2
Operating Expenses	965.46	894.74	867.38	876.66	804.77	786.88
Operating Income	454.83	417.37	435.69	426.14	422.55	371.79
Interest Expense	-0.28	-0.4	-0.27	-0.26	-0.37	-0.12
Interest & Investment Income	5.24	25.17	27.9	19.36	16.75	24.62
Currency Exchange Gain (Loss)	-5.77	-17.06	-17.57	-11.67	3.45	-15.8
Other Non Operating Income (Expenses)	21.72	14.31	18.86	25.27	16.96	10.29
EBT Excluding Unusual Items	475.74	439.4	464.6	458.85	459.35	390.78
Impairment of Goodwill	-11.35	-22.7	-	-	-	-
Gain (Loss) on Sale of Investments	0.85	2.95	4.12	-2.84	-0.62	-0.41
Gain (Loss) on Sale of Assets	-0.2	-3.54	-2.97	-0.62	-17.16	-0.11
Asset Writedown	-56.59	-113.17	-8.78	-10.3	-	-
Other Unusual Items	-	-	-	17.79	-	43.69
Pretax Income	408.46	302.94	456.97	462.89	441.58	433.94
Income Tax Expense	127.92	95.48	123.82	119.99	102.34	101.38
Earnings From Continuing Operations	280.54	207.46	333.15	342.9	339.24	332.56
Minority Interest in Earnings	-6.72	-6.47	-2.98	-30.14	-35.41	-30.65
Net Income	273.83	200.99	330.17	312.76	303.82	301.91
Net Income to Common	273.83	200.99	330.17	312.76	303.82	301.91
Net Income Growth	11.74%	-39.12%	5.57%	2.94%	0.63%	20.30%
Shares Outstanding (Basic)	1,044	1,044	1,044	1,044	1,057	1,074
Shares Outstanding (Diluted)	1,044	1,044	1,044	1,044	1,057	1,074
Shares Change (YoY)	0.02%	-	-0.01%	-1.25%	-1.60%	-
EPS (Basic)	0.26	0.19	0.32	0.30	0.29	0.28
EPS (Diluted)	0.26	0.19	0.32	0.30	0.29	0.28
EPS Growth	11.73%	-39.11%	5.57%	4.25%	2.28%	20.29%
Free Cash Flow	-	315.67	322.37	207.43	187.58	235.71
Free Cash Flow Per Share	-	0.30	0.31	0.20	0.18	0.22
Dividend Per Share	0.096	0.096	0.158	0.152	0.146	0.141
Dividend Growth	-39.13%	-39.13%	4.35%	4.12%	3.63%	20.09%
Gross Margin	35.01%	34.42%	33.99%	32.03%	31.74%	32.93%
Operating Margin	11.21%	10.95%	11.37%	10.48%	10.93%	10.57%
Profit Margin	6.75%	5.27%	8.61%	7.69%	7.86%	8.58%
Free Cash Flow Margin	-	8.28%	8.41%	5.10%	4.85%	6.70%
EBITDA	458.42	450.88	469.58	456.33	457.77	400.16
EBITDA Margin	11.30%	11.83%	12.25%	11.22%	11.84%	11.37%
D&A For EBITDA	3.58	33.51	33.9	30.19	35.22	28.36
EBIT	454.83	417.37	435.69	426.14	422.55	371.79
EBIT Margin	11.21%	10.95%	11.37%	10.48%	10.93%	10.57%
Effective Tax Rate	31.32%	31.52%	27.10%	25.92%	23.18%	23.36%

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