Guilin Seamild Foods Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,240	1,842	1,535	1,305	1,137
Other Revenue	-	54.22	43.27	22.21	16.88
Revenue	2,240	1,896	1,578	1,327	1,154
Revenue Growth (YoY)	18.11%	20.16%	18.89%	15.06%	12.60%
Cost of Revenue	1,300	1,114	876.88	756.41	615.74
Gross Profit	939.53	782.56	701.12	570.83	537.8
Selling, General & Admin	724.15	643.96	588.57	473.86	434.64
Research & Development	12.11	8.96	7.33	5.71	4.74
Other Operating Expenses	13.64	15.62	12.36	13.28	11.2
Operating Expenses	749.9	668.74	609.53	493.05	450.92
Operating Income	189.64	113.82	91.59	77.78	86.88
Interest Expense	-	-1.1	-1.34	-2.07	-2.24
Interest & Investment Income	7.11	14.68	15.9	8.06	3.4
Currency Exchange Gain (Loss)	-	0.55	1.66	4.66	-0.71
Other Non Operating Income (Expenses)	-5.03	-1.07	-0.42	-1.1	-0.34
EBT Excluding Unusual Items	191.72	126.89	107.39	87.33	87
Gain (Loss) on Sale of Investments	6.91	6.48	11.28	22.23	21.65
Gain (Loss) on Sale of Assets	0.01	0.12	-0.02	-0.02	0
Asset Writedown	-	-0.33	-0.42	0.52	-0.05
Other Unusual Items	-	24.27	16.86	12.78	9.55
Pretax Income	198.64	157.42	135.09	122.84	118.15
Income Tax Expense	25.9	24.28	19.64	14.01	13.88
Earnings From Continuing Operations	172.74	133.14	115.45	108.83	104.27
Minority Interest in Earnings	-1.03	0.05	-	-	-
Net Income	171.71	133.19	115.45	108.83	104.27
Net Income to Common	171.71	133.19	115.45	108.83	104.27
Net Income Growth	28.93%	15.36%	6.08%	4.38%	-21.14%
Shares Outstanding (Basic)	220	222	222	222	222
Shares Outstanding (Diluted)	220	222	222	222	222
Shares Change (YoY)	-0.83%	-0.02%	-0.04%	0.12%	-1.00%
EPS (Basic)	0.78	0.60	0.52	0.49	0.47
EPS (Diluted)	0.78	0.60	0.52	0.49	0.47
EPS Growth	30.00%	15.38%	6.12%	4.25%	-20.34%
Free Cash Flow	142.65	-51.68	-8.36	86.23	-31.07
Free Cash Flow Per Share	0.65	-0.23	-0.04	0.39	-0.14
Dividend Per Share	-	0.418	0.310	0.269	0.268
Dividend Growth	-	34.71%	15.24%	0.37%	0.04%
Gross Margin	41.95%	41.27%	44.43%	43.01%	46.62%
Operating Margin	8.47%	6.00%	5.80%	5.86%	7.53%
Profit Margin	7.67%	7.02%	7.32%	8.20%	9.04%
Free Cash Flow Margin	6.37%	-2.73%	-0.53%	6.50%	-2.69%
EBITDA	243.37	153.93	125.59	107.57	111.99
EBITDA Margin	10.87%	8.12%	7.96%	8.11%	9.71%
D&A For EBITDA	53.73	40.11	34	29.79	25.11
EBIT	189.64	113.82	91.59	77.78	86.88
EBIT Margin	8.47%	6.00%	5.80%	5.86%	7.53%
Effective Tax Rate	13.04%	15.43%	14.54%	11.40%	11.75%
Revenue as Reported	-	1,896	1,578	1,327	1,154
Advertising Expenses	-	311.73	302.18	223.24	191.26

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