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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,123	3,159	3,083	2,861	2,868	2,317
Other Revenue	-	-	-	-	5.37	5.09
Revenue	3,123	3,159	3,083	2,861	2,873	2,322
Revenue Growth (YoY)	0.81%	2.49%	7.73%	-0.40%	23.71%	10.12%
Cost of Revenue	2,506	2,410	2,356	2,252	1,985	1,432
Gross Profit	616.98	749.76	726.55	609.61	887.59	890.5
Selling, General & Admin	442.69	444.16	401.65	373.57	364.37	396.63
Research & Development	108.15	103.1	85.68	70.41	79.51	86.46
Other Operating Expenses	24.04	26.52	26.16	21.77	22.25	18.61
Operating Expenses	574.97	572.9	513.51	465.6	467.5	503.58
Operating Income	42.01	176.85	213.04	144.01	420.09	386.92
Interest Expense	-8.34	-9.83	-12.28	-14.19	-19.01	-16.6
Interest & Investment Income	38.96	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)	0.06	-0.17	-0.93	0.05	-0.83	-0.2
EBT Excluding Unusual Items	72.37	215.66	252.23	179.96	441.92	391.16
Gain (Loss) on Sale of Investments	-	-	-	-	-	1.96
Gain (Loss) on Sale of Assets	-0.76	-0.06	-0.82	-0.28	-0.02	0.08
Asset Writedown	-1.19	-	-	-	0	0.25
Other Unusual Items	25.81	23.32	20.45	16.22	17.48	14.34
Pretax Income	96.23	238.92	271.86	195.9	459.39	407.79
Income Tax Expense	16.31	37.48	39.35	35.31	90.34	82.19
Earnings From Continuing Operations	79.93	201.44	232.5	160.6	369.04	325.6
Minority Interest in Earnings	0	-0.05	-0.11	-0.02	-0.64	-0.35
Net Income	79.93	201.39	232.39	160.58	368.4	325.25
Net Income to Common	79.93	201.39	232.39	160.58	368.4	325.25
Net Income Growth	-68.96%	-13.34%	44.73%	-56.41%	13.27%	49.88%
Shares Outstanding (Basic)	406	420	423	423	400	360
Shares Outstanding (Diluted)	406	420	423	423	400	360
Shares Change (YoY)	-3.45%	-0.70%	-0.01%	5.61%	11.14%	4.52%
EPS (Basic)	0.20	0.48	0.55	0.38	0.92	0.90
EPS (Diluted)	0.20	0.48	0.55	0.38	0.92	0.90
EPS Growth	-67.85%	-12.73%	44.74%	-58.70%	2.22%	42.86%
Free Cash Flow	-240.95	23.09	240.36	88.53	103.27	428.91
Free Cash Flow Per Share	-0.59	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	19.76%	23.73%	23.57%	21.30%	30.89%	38.34%
Operating Margin	1.34%	5.60%	6.91%	5.03%	14.62%	16.66%
Profit Margin	2.56%	6.38%	7.54%	5.61%	12.82%	14.01%
Free Cash Flow Margin	-7.72%	0.73%	7.80%	3.09%	3.59%	18.47%
EBITDA	147.47	279.43	311.76	238.22	519.71	482.07
EBITDA Margin	4.72%	8.84%	10.11%	8.33%	18.09%	20.76%
D&A For EBITDA	105.46	102.57	98.72	94.21	99.62	95.14
EBIT	42.01	176.85	213.04	144.01	420.09	386.92
EBIT Margin	1.34%	5.60%	6.91%	5.03%	14.62%	16.66%
Effective Tax Rate	16.95%	15.69%	14.48%	18.02%	19.67%	20.15%
Revenue as Reported	3,123	3,159	3,083	2,861	2,873	2,322

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