Guilin Seamild Foods Co., Ltd (SHE:002956)

Guilin Seamild Foods 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,932	1,842	1,535	1,305	1,137	1,012
Other Revenue	54.22	54.22	43.27	22.21	16.88	12.03
Revenue	1,986	1,896	1,578	1,327	1,154	1,024
Revenue Growth (YoY)	13.08%	20.16%	18.89%	15.06%	12.60%	5.32%
Cost of Revenue	1,165	1,114	876.88	756.41	615.74	529.09
Gross Profit	821.57	782.56	701.12	570.83	537.8	495.38
Selling, General & Admin	667.84	643.96	588.57	473.86	434.64	364.23
Research & Development	9.29	8.96	7.33	5.71	4.74	4.63
Other Operating Expenses	17.47	15.62	12.36	13.28	11.2	9.7
Operating Expenses	694.75	668.74	609.53	493.05	450.92	378.62
Operating Income	126.82	113.82	91.59	77.78	86.88	116.76
Interest Expense	-1.45	-1.1	-1.34	-2.07	-2.24	-1.21
Interest & Investment Income	12.49	14.68	15.9	8.06	3.4	1.46
Currency Exchange Gain (Loss)	0.55	0.55	1.66	4.66	-0.71	-2.16
Other Non Operating Income (Expenses)	-3.05	-1.07	-0.42	-1.1	-0.34	-0.45
EBT Excluding Unusual Items	135.36	126.89	107.39	87.33	87	114.41
Gain (Loss) on Sale of Investments	7.96	6.48	11.28	22.23	21.65	31.96
Gain (Loss) on Sale of Assets	0.13	0.12	-0.02	-0.02	0	0.01
Asset Writedown	-0.33	-0.33	-0.42	0.52	-0.05	-0
Other Unusual Items	24.41	24.27	16.86	12.78	9.55	10.03
Pretax Income	167.53	157.42	135.09	122.84	118.15	156.4
Income Tax Expense	25.13	24.28	19.64	14.01	13.88	24.2
Earnings From Continuing Operations	142.4	133.14	115.45	108.83	104.27	132.21
Minority Interest in Earnings	0.31	0.05	-	-	-	-
Net Income	142.71	133.19	115.45	108.83	104.27	132.21
Net Income to Common	142.71	133.19	115.45	108.83	104.27	132.21
Net Income Growth	17.77%	15.36%	6.08%	4.38%	-21.14%	-16.01%
Shares Outstanding (Basic)	222	222	222	222	222	224
Shares Outstanding (Diluted)	222	222	222	222	222	224
Shares Change (YoY)	-0.23%	-0.02%	-0.04%	0.12%	-1.00%	14.33%
EPS (Basic)	0.64	0.60	0.52	0.49	0.47	0.59
EPS (Diluted)	0.64	0.60	0.52	0.49	0.47	0.59
EPS Growth	18.05%	15.38%	6.12%	4.25%	-20.34%	-26.25%
Free Cash Flow	-25.83	-51.68	-8.36	86.23	-31.07	29.66
Free Cash Flow Per Share	-0.12	-0.23	-0.04	0.39	-0.14	0.13
Dividend Per Share	0.418	0.418	0.310	0.269	0.268	0.268
Dividend Growth	34.71%	34.71%	15.24%	0.37%	0.04%	-53.12%
Gross Margin	41.36%	41.27%	44.43%	43.01%	46.62%	48.35%
Operating Margin	6.39%	6.00%	5.80%	5.86%	7.53%	11.40%
Profit Margin	7.18%	7.02%	7.32%	8.20%	9.04%	12.90%
Free Cash Flow Margin	-1.30%	-2.73%	-0.53%	6.50%	-2.69%	2.90%
EBITDA	168.46	153.93	125.59	107.57	111.99	136.9
EBITDA Margin	8.48%	8.12%	7.96%	8.11%	9.71%	13.36%
D&A For EBITDA	41.63	40.11	34	29.79	25.11	20.13
EBIT	126.82	113.82	91.59	77.78	86.88	116.76
EBIT Margin	6.39%	6.00%	5.80%	5.86%	7.53%	11.40%
Effective Tax Rate	15.00%	15.43%	14.54%	11.40%	11.75%	15.47%
Revenue as Reported	1,986	1,896	1,578	1,327	1,154	1,024
Advertising Expenses	-	311.73	302.18	223.24	191.26	169.94

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