Wellhope Foods Co., Ltd. (SHA:603609)

Wellhope Foods Income Statement

Financials in millions CNY. 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
Operating Revenue	36,561	32,499	35,924	32,779	29,453	23,796
Other Revenue	46.2	46.2	46.21	32.52	15.94	21.94
Revenue	36,607	32,545	35,970	32,812	29,469	23,818
Revenue Growth (YoY)	10.63%	-9.52%	9.63%	11.34%	23.73%	33.87%
Cost of Revenue	34,481	30,516	34,705	30,884	27,946	21,733
Gross Profit	2,126	2,029	1,266	1,928	1,523	2,084
Selling, General & Admin	1,497	1,365	1,312	1,142	969.64	760.82
Research & Development	26.3	29.04	83.8	90.11	97.36	83.59
Other Operating Expenses	66.7	56.99	54.96	47.33	41.47	31.3
Operating Expenses	1,671	1,541	1,479	1,305	1,141	896.38
Operating Income	455.55	487.91	-213.7	623.71	381.77	1,188
Interest Expense	-206.34	-181.05	-179.24	-167.07	-103.59	-75.77
Interest & Investment Income	195.72	150	13.13	170.49	8.49	377.52
Currency Exchange Gain (Loss)	4.96	4.96	-1.17	-1	0.47	-0.41
Other Non Operating Income (Expenses)	-44.24	-55.64	-14.96	7.37	-18.32	10.98
EBT Excluding Unusual Items	405.65	406.17	-395.94	633.5	268.81	1,500
Impairment of Goodwill	-	-	-	-1.84	-	-
Gain (Loss) on Sale of Investments	-2.25	-0.72	-148.83	-1.7	-78.9	-1.4
Gain (Loss) on Sale of Assets	5.35	1.36	20.67	-24.13	-39.54	-10.97
Asset Writedown	-178.58	-25.44	-22.66	-1.11	-	-
Other Unusual Items	12.53	12.53	65.8	23.62	25.66	21.51
Pretax Income	242.7	393.9	-480.94	628.34	176.05	1,509
Income Tax Expense	100.68	83.61	107.09	92.26	151.5	151.65
Earnings From Continuing Operations	142.03	310.3	-588.03	536.08	24.54	1,358
Minority Interest in Earnings	40.43	32.17	131	-23.28	93.99	-122.42
Net Income	182.45	342.47	-457.04	512.8	118.53	1,235
Net Income to Common	182.45	342.47	-457.04	512.8	118.53	1,235
Net Income Growth	-	-	-	332.63%	-90.40%	2.99%
Shares Outstanding (Basic)	890	901	914	884	912	922
Shares Outstanding (Diluted)	890	901	914	932	912	922
Shares Change (YoY)	7.20%	-1.41%	-1.96%	2.26%	-1.08%	2.99%
EPS (Basic)	0.21	0.38	-0.50	0.58	0.13	1.34
EPS (Diluted)	0.21	0.38	-0.50	0.55	0.13	1.34
EPS Growth	-	-	-	323.08%	-90.30%	-
Free Cash Flow	76.57	783.78	469.26	-646.55	-885.74	-634.52
Free Cash Flow Per Share	0.09	0.87	0.51	-0.69	-0.97	-0.69
Dividend Per Share	0.058	0.058	-	0.120	-	0.220
Gross Margin	5.81%	6.24%	3.52%	5.88%	5.17%	8.75%
Operating Margin	1.24%	1.50%	-0.59%	1.90%	1.30%	4.99%
Profit Margin	0.50%	1.05%	-1.27%	1.56%	0.40%	5.19%
Free Cash Flow Margin	0.21%	2.41%	1.31%	-1.97%	-3.01%	-2.66%
EBITDA	1,045	1,027	257.53	1,070	784.25	1,479
EBITDA Margin	2.86%	3.16%	0.72%	3.26%	2.66%	6.21%
D&A For EBITDA	589.93	539.06	471.23	446.32	402.48	291.59
EBIT	455.55	487.91	-213.7	623.71	381.77	1,188
EBIT Margin	1.24%	1.50%	-0.59%	1.90%	1.30%	4.99%
Effective Tax Rate	41.48%	21.22%	-	14.68%	86.06%	10.05%
Revenue as Reported	36,607	32,545	35,970	32,812	29,469	23,818
Advertising Expenses	-	7.82	13.07	8.97	19.05	17.89

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.