Sanquan Food Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	6,776	6,541	6,565	7,001	7,380	6,901
Other Revenue	-	-	67.95	55.37	54.49	42.5
Revenue	6,776	6,541	6,632	7,056	7,434	6,943
Revenue Growth (YoY)	2.71%	-1.38%	-6.00%	-5.09%	7.07%	0.25%
Cost of Revenue	5,138	4,968	5,048	5,251	5,367	5,083
Gross Profit	1,638	1,573	1,585	1,805	2,068	1,860
Selling, General & Admin	1,103	1,077	1,048	971.99	1,102	1,098
Research & Development	41.55	39.53	35.54	32.9	46.31	54.87
Other Operating Expenses	-85.49	-103.54	-20.72	-15.22	17.11	-6.82
Operating Expenses	1,059	1,013	1,060	1,008	1,174	1,145
Operating Income	578.32	560.3	524.73	796.53	893.66	715.15
Interest Expense	-	-	-9.88	-7.93	-4.86	-1.91
Interest & Investment Income	189.14	139.25	96.65	85.16	73.33	21.54
Currency Exchange Gain (Loss)	-	-	-0.38	-0.05	-0.06	-0.32
Other Non Operating Income (Expenses)	15.27	2.82	5.23	-2.56	-13.11	-3.12
EBT Excluding Unusual Items	782.73	702.36	616.35	871.16	948.97	731.34
Gain (Loss) on Sale of Investments	8.64	6.26	0.09	-6.7	-11.92	-0.22
Gain (Loss) on Sale of Assets	2.79	2.74	1.77	1.36	-15.27	-2.6
Asset Writedown	-37.91	-33.01	-16.4	-0.03	-6.82	-0.16
Other Unusual Items	-	-	82.86	91.94	111.52	84.91
Pretax Income	756.25	678.35	684.67	957.74	1,026	813.27
Income Tax Expense	142.53	125.33	142.17	208.08	224.31	173.33
Earnings From Continuing Operations	613.72	553.03	542.5	749.65	802.17	639.94
Minority Interest in Earnings	-8.2	-8.2	-0.25	-0.29	-0.3	0.9
Net Income	605.52	544.83	542.25	749.36	801.87	640.84
Net Income to Common	605.52	544.83	542.25	749.36	801.87	640.84
Net Income Growth	16.21%	0.47%	-27.64%	-6.55%	25.13%	-16.55%
Shares Outstanding (Basic)	879	879	875	882	881	878
Shares Outstanding (Diluted)	879	879	875	882	881	878
Shares Change (YoY)	0.89%	0.47%	-0.79%	0.05%	0.38%	-0.54%
EPS (Basic)	0.69	0.62	0.62	0.85	0.91	0.73
EPS (Diluted)	0.69	0.62	0.62	0.85	0.91	0.73
EPS Growth	15.19%	-	-27.06%	-6.59%	24.66%	-16.09%
Free Cash Flow	470.5	289.47	926.21	129.78	924.17	689.43
Free Cash Flow Per Share	0.54	0.33	1.06	0.15	1.05	0.79
Dividend Per Share	-	-	0.300	0.500	0.350	0.200
Dividend Growth	-	-	-40.00%	42.86%	75.00%	-63.34%
Gross Margin	24.17%	24.05%	23.89%	25.58%	27.81%	26.80%
Operating Margin	8.54%	8.57%	7.91%	11.29%	12.02%	10.30%
Profit Margin	8.94%	8.33%	8.18%	10.62%	10.79%	9.23%
Free Cash Flow Margin	6.94%	4.43%	13.96%	1.84%	12.43%	9.93%
EBITDA	725.46	703.71	653.26	948.74	1,033	871.42
EBITDA Margin	10.71%	10.76%	9.85%	13.45%	13.89%	12.55%
D&A For EBITDA	147.14	143.42	128.53	152.21	138.91	156.28
EBIT	578.32	560.3	524.73	796.53	893.66	715.15
EBIT Margin	8.54%	8.57%	7.91%	11.29%	12.02%	10.30%
Effective Tax Rate	18.85%	18.48%	20.77%	21.73%	21.85%	21.31%
Revenue as Reported	-	-	6,632	7,056	7,434	6,943

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