Qingdao Richen Food Co.,Ltd. (SHA:603755)

Qingdao Richen Food 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	450.63	403.98	358.46	308.44	338.34	263.16
Other Revenue	0.76	0.76	1.01	0.14	0.17	0.12
Revenue	451.39	404.74	359.47	308.58	338.5	263.28
Revenue Growth (YoY)	15.50%	12.59%	16.49%	-8.84%	28.57%	-7.83%
Cost of Revenue	278.65	248.12	220.12	187.07	191.52	139.88
Gross Profit	172.74	156.61	139.35	121.51	146.99	123.39
Selling, General & Admin	64.44	62.91	59.93	55.48	51.06	34.36
Research & Development	14.94	13.33	12.51	11.5	11.35	9.54
Other Operating Expenses	3.83	3.19	2.96	3.67	3.91	2.82
Operating Expenses	84.44	80.57	75.5	70.69	67.21	47.08
Operating Income	88.3	76.05	63.85	50.81	79.78	76.31
Interest Expense	-3.24	-3.49	-4.18	-4.01	-2.87	-0.01
Interest & Investment Income	2.47	3.74	5.63	9.69	13.19	15.34
Currency Exchange Gain (Loss)	0.02	0.02	0.04	0.05	-0	0
Other Non Operating Income (Expenses)	-0.27	-0.17	-0.02	-0.07	-0.02	-0.03
EBT Excluding Unusual Items	87.27	76.14	65.32	56.47	90.07	91.61
Gain (Loss) on Sale of Investments	0.28	-	0.49	0.22	0.48	0.38
Gain (Loss) on Sale of Assets	-0.22	-0.22	0	-0.84	-	-0.13
Other Unusual Items	0.34	0.55	0.7	2.72	3.81	2.56
Pretax Income	87.67	76.48	66.51	58.58	94.36	94.41
Income Tax Expense	13.93	12.62	10.08	7.52	13.07	13.16
Earnings From Continuing Operations	73.74	63.86	56.43	51.06	81.29	81.25
Net Income	73.74	63.86	56.43	51.06	81.29	81.25
Net Income to Common	73.74	63.86	56.43	51.06	81.29	81.25
Net Income Growth	6.45%	13.16%	10.52%	-37.19%	0.05%	-4.72%
Shares Outstanding (Basic)	97	98	99	98	99	99
Shares Outstanding (Diluted)	97	98	99	98	99	99
Shares Change (YoY)	-0.53%	-0.98%	0.43%	-0.95%	0.05%	20.85%
EPS (Basic)	0.76	0.65	0.57	0.52	0.82	0.82
EPS (Diluted)	0.76	0.65	0.57	0.52	0.82	0.82
EPS Growth	7.01%	14.28%	10.04%	-36.59%	-	-21.15%
Free Cash Flow	-61.69	-73.68	3.55	-120.35	-11.13	-33.32
Free Cash Flow Per Share	-0.64	-0.76	0.04	-1.23	-0.11	-0.34
Dividend Per Share	0.500	0.250	0.250	0.200	0.300	0.300
Dividend Growth	100.00%	-	25.00%	-33.33%	-	-45.45%
Gross Margin	38.27%	38.70%	38.77%	39.38%	43.42%	46.87%
Operating Margin	19.56%	18.79%	17.76%	16.47%	23.57%	28.99%
Profit Margin	16.34%	15.78%	15.70%	16.55%	24.01%	30.86%
Free Cash Flow Margin	-13.67%	-18.20%	0.99%	-39.00%	-3.29%	-12.65%
EBITDA	92.61	82.76	73.75	60.46	86.93	82.15
EBITDA Margin	20.52%	20.45%	20.52%	19.59%	25.68%	31.20%
D&A For EBITDA	4.31	6.71	9.9	9.65	7.15	5.83
EBIT	88.3	76.05	63.85	50.81	79.78	76.31
EBIT Margin	19.56%	18.79%	17.76%	16.47%	23.57%	28.99%
Effective Tax Rate	15.89%	16.50%	15.16%	12.83%	13.85%	13.94%
Revenue as Reported	451.39	404.74	359.47	308.58	338.5	263.28
Advertising Expenses	-	-	-	-	2.58	1.62

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