Guilin Seamild Foods 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	Jun '26 Jun 30, 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	2,424	2,171	1,842	1,535	1,305	1,137
Other Revenue	68.8	68.8	54.22	43.27	22.21	16.88
Revenue	2,493	2,240	1,896	1,578	1,327	1,154
Revenue Growth	20.31%	18.11%	20.16%	18.89%	15.06%	12.60%
Cost of Revenue	1,438	1,301	1,114	876.88	756.41	615.74
Gross Profit	1,055	938.51	782.56	701.12	570.83	537.8
Selling, General & Admin	759.79	723.13	643.96	588.57	473.86	434.64
Research & Development	13.73	12.11	8.96	7.33	5.71	4.74
Other Operating Expenses	18.67	16.6	15.62	12.36	13.28	11.2
Operating Expenses	792.41	752.05	668.74	609.53	493.05	450.92
Operating Income	262.72	186.46	113.82	91.59	77.78	86.88
Interest Expense	-1.64	-1.64	-1.1	-1.34	-2.07	-2.24
Interest & Investment Income	12.71	8.99	14.68	15.9	8.06	3.4
Currency Exchange Gain (Loss)	-1.31	-1.31	0.55	1.66	4.66	-0.71
Other Non Operating Income (Expenses)	-1.02	-0.87	-1.07	-0.42	-1.1	-0.34
EBT Excluding Unusual Items	271.47	191.64	126.89	107.39	87.33	87
Gain (Loss) on Sale of Investments	7.42	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	0	-0.33	-0.42	0.52	-0.05
Other Unusual Items	0.07	0.07	24.27	16.86	12.78	9.55
Pretax Income	278.96	198.64	157.42	135.09	122.84	118.15
Income Tax Expense	38.69	25.9	24.28	19.64	14.01	13.88
Earnings From Continuing Operations	240.27	172.74	133.14	115.45	108.83	104.27
Minority Interest in Earnings	-1.83	-1.03	0.05	-	-	-
Net Income	238.44	171.71	133.19	115.45	108.83	104.27
Net Income to Common	238.44	171.71	133.19	115.45	108.83	104.27
Net Income Growth	60.96%	28.93%	15.36%	6.08%	4.38%	-21.14%
Shares Outstanding (Basic)	308	308	311	311	311	311
Shares Outstanding (Diluted)	308	308	311	311	311	311
Shares Change	-0.63%	-0.81%	-0.03%	-0.03%	0.12%	-1.00%
EPS (Basic)	0.77	0.56	0.43	0.37	0.35	0.34
EPS (Diluted)	0.77	0.56	0.43	0.37	0.35	0.34
EPS Growth	61.98%	29.98%	15.40%	6.11%	4.26%	-20.34%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	354.97	142.65	-51.68	-8.36	86.23	-31.07
Free Cash Flow Per Share	1.15	0.46	-0.17	-0.03	0.28	-0.10
Dividend Per Share	0.385	0.385	0.298	0.221	0.192	0.191
Dividend Growth	28.93%	28.93%	34.73%	15.25%	0.37%	0%
Gross Margin	42.33%	41.91%	41.27%	44.43%	43.01%	46.62%
Operating Margin	10.54%	8.33%	6.00%	5.80%	5.86%	7.53%
Profit Margin	9.56%	7.67%	7.02%	7.32%	8.20%	9.04%
Free Cash Flow Margin	14.24%	6.37%	-2.73%	-0.53%	6.50%	-2.69%
EBITDA	321.62	239.08	154.95	125.59	107.57	111.99
EBITDA Margin	12.90%	10.67%	8.17%	7.96%	8.11%	9.71%
D&A For EBITDA	58.9	52.62	41.13	34	29.79	25.11
EBIT	262.72	186.46	113.82	91.59	77.78	86.88
EBIT Margin	10.54%	8.33%	6.00%	5.80%	5.86%	7.53%
Effective Tax Rate	13.87%	13.04%	15.43%	14.54%	11.40%	11.75%
Revenue as Reported	2,240	2,240	1,896	1,578	1,327	1,154
Advertising Expenses	-	364.78	311.73	302.18	223.24	191.26