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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,150	3,159	3,083	2,861	2,868	2,317
Other Revenue	-1.49	-	-	-	5.37	5.09
Revenue	3,148	3,159	3,083	2,861	2,873	2,322
Revenue Growth (YoY)	2.01%	2.49%	7.73%	-0.40%	23.71%	10.12%
Cost of Revenue	2,499	2,410	2,356	2,252	1,985	1,432
Gross Profit	649.6	749.76	726.55	609.61	887.59	890.5
Selling, General & Admin	443.15	444.16	401.65	373.57	364.37	396.63
Research & Development	106.74	103.1	85.68	70.41	79.51	86.46
Other Operating Expenses	28.09	26.52	26.16	21.77	22.25	18.61
Operating Expenses	577.64	572.9	513.51	465.6	467.5	503.58
Operating Income	71.97	176.85	213.04	144.01	420.09	386.92
Interest Expense	-8.35	-9.83	-12.28	-14.19	-19.01	-16.6
Interest & Investment Income	42.41	49.14	52.83	50.95	41.28	18.55
Currency Exchange Gain (Loss)	-0.21	-0.33	-0.43	-0.86	0.4	2.49
Other Non Operating Income (Expenses)	-0.02	-0.17	-0.93	0.05	-0.83	-0.2
EBT Excluding Unusual Items	105.79	215.66	252.23	179.96	441.92	391.16
Gain (Loss) on Sale of Investments	-	-	-	-	-	1.96
Gain (Loss) on Sale of Assets	0.02	-0.06	-0.82	-0.28	-0.02	0.08
Asset Writedown	-	-	-	-	0	0.25
Other Unusual Items	25.92	23.32	20.45	16.22	17.48	14.34
Pretax Income	131.73	238.92	271.86	195.9	459.39	407.79
Income Tax Expense	22.84	37.48	39.35	35.31	90.34	82.19
Earnings From Continuing Operations	108.89	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	108.92	201.39	232.39	160.58	368.4	325.25
Net Income to Common	108.92	201.39	232.39	160.58	368.4	325.25
Net Income Growth	-59.28%	-13.34%	44.73%	-56.41%	13.27%	49.88%
Shares Outstanding (Basic)	430	420	423	423	400	360
Shares Outstanding (Diluted)	430	420	423	423	400	360
Shares Change (YoY)	1.38%	-0.70%	-0.01%	5.61%	11.14%	4.52%
EPS (Basic)	0.25	0.48	0.55	0.38	0.92	0.90
EPS (Diluted)	0.25	0.48	0.55	0.38	0.92	0.90
EPS Growth	-59.83%	-12.73%	44.74%	-58.70%	2.22%	42.86%
Free Cash Flow	-211.01	23.09	240.36	88.53	103.27	428.91
Free Cash Flow Per Share	-0.49	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	20.63%	23.73%	23.57%	21.30%	30.89%	38.34%
Operating Margin	2.29%	5.60%	6.91%	5.03%	14.62%	16.66%
Profit Margin	3.46%	6.38%	7.54%	5.61%	12.82%	14.01%
Free Cash Flow Margin	-6.70%	0.73%	7.80%	3.09%	3.59%	18.47%
EBITDA	173.45	279.43	311.76	238.22	519.71	482.07
EBITDA Margin	5.51%	8.84%	10.11%	8.33%	18.09%	20.76%
D&A For EBITDA	101.48	102.57	98.72	94.21	99.62	95.14
EBIT	71.97	176.85	213.04	144.01	420.09	386.92
EBIT Margin	2.29%	5.60%	6.91%	5.03%	14.62%	16.66%
Effective Tax Rate	17.34%	15.69%	14.48%	18.02%	19.67%	20.15%
Revenue as Reported	3,148	3,159	3,083	2,861	2,873	2,322

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