Namchow Food Group (Shanghai) Co., Ltd. (SHA:605339)

SHA:605339 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,174	3,159	3,083	2,861	2,868	2,317
Other Revenue	-	-	-	-	5.37	5.09
Revenue	3,174	3,159	3,083	2,861	2,873	2,322
Revenue Growth (YoY)	1.87%	2.49%	7.73%	-0.40%	23.71%	10.12%
Cost of Revenue	2,469	2,410	2,356	2,252	1,985	1,432
Gross Profit	705.13	749.76	726.55	609.61	887.59	890.5
Selling, General & Admin	448.66	444.16	401.65	373.57	364.37	396.63
Research & Development	108.68	103.1	85.68	70.41	79.51	86.46
Other Operating Expenses	26.77	26.52	26.16	21.77	22.25	18.61
Operating Expenses	583.33	572.9	513.51	465.6	467.5	503.58
Operating Income	121.8	176.85	213.04	144.01	420.09	386.92
Interest Expense	-9.43	-9.83	-12.28	-14.19	-19.01	-16.6
Interest & Investment Income	45.74	49.14	52.83	50.95	41.28	18.55
Currency Exchange Gain (Loss)	-0.33	-0.33	-0.43	-0.86	0.4	2.49
Other Non Operating Income (Expenses)	-0.78	-0.17	-0.93	0.05	-0.83	-0.2
EBT Excluding Unusual Items	157.01	215.66	252.23	179.96	441.92	391.16
Gain (Loss) on Sale of Investments	-	-	-	-	-	1.96
Gain (Loss) on Sale of Assets	-0.07	-0.06	-0.82	-0.28	-0.02	0.08
Asset Writedown	1.15	-	-	-	0	0.25
Other Unusual Items	24.53	23.32	20.45	16.22	17.48	14.34
Pretax Income	182.62	238.92	271.86	195.9	459.39	407.79
Income Tax Expense	28.88	37.48	39.35	35.31	90.34	82.19
Earnings From Continuing Operations	153.74	201.44	232.5	160.6	369.04	325.6
Minority Interest in Earnings	-0.02	-0.05	-0.11	-0.02	-0.64	-0.35
Net Income	153.72	201.39	232.39	160.58	368.4	325.25
Net Income to Common	153.72	201.39	232.39	160.58	368.4	325.25
Net Income Growth	-43.08%	-13.34%	44.73%	-56.41%	13.27%	49.88%
Shares Outstanding (Basic)	417	420	423	423	400	360
Shares Outstanding (Diluted)	417	420	423	423	400	360
Shares Change (YoY)	-1.00%	-0.70%	-0.01%	5.61%	11.14%	4.52%
EPS (Basic)	0.37	0.48	0.55	0.38	0.92	0.90
EPS (Diluted)	0.37	0.48	0.55	0.38	0.92	0.90
EPS Growth	-42.51%	-12.73%	44.74%	-58.70%	2.22%	42.86%
Free Cash Flow	-125.29	23.09	240.36	88.53	103.27	428.91
Free Cash Flow Per Share	-0.30	0.06	0.57	0.21	0.26	1.19
Dividend Per Share	0.170	0.170	0.110	0.300	0.590	-
Dividend Growth	54.55%	54.55%	-63.33%	-49.15%	-	-
Gross Margin	22.21%	23.73%	23.57%	21.30%	30.89%	38.34%
Operating Margin	3.84%	5.60%	6.91%	5.03%	14.62%	16.66%
Profit Margin	4.84%	6.38%	7.54%	5.61%	12.82%	14.01%
Free Cash Flow Margin	-3.95%	0.73%	7.80%	3.09%	3.59%	18.47%
EBITDA	225.34	279.43	311.76	238.22	519.71	482.07
EBITDA Margin	7.10%	8.84%	10.11%	8.33%	18.09%	20.76%
D&A For EBITDA	103.53	102.57	98.72	94.21	99.62	95.14
EBIT	121.8	176.85	213.04	144.01	420.09	386.92
EBIT Margin	3.84%	5.60%	6.91%	5.03%	14.62%	16.66%
Effective Tax Rate	15.81%	15.69%	14.48%	18.02%	19.67%	20.15%
Revenue as Reported	3,174	3,159	3,083	2,861	2,873	2,322

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.