Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) 10-Year Financial Performance & Capital Metrics

WYHG • • Industrial / General

Consumer DefensivePackaged FoodsTraditional Packaged FoodsFrozen & Refrigerated Foods

AboutWing Yip Food Holdings Group Limited, through its subsidiaries, operates as a meat product processing company in the Mainland of China. It is involved in the processing, sale, and distribution of cured meat products, including cured pork sausages and cured pork meat products, as well as other cured meat products comprising cured chicken, cured duck, and cured fish products; snack products consisting of ready-to-eat sausages, jerky, duck necks, duck feet, and claypot rice; and frozen meat products, such as frozen sausages, frozen beef patties, and frozen chicken breast fillets. The company sells its products under the Wing Yip, Jiangwang, and Kuangke brands. It provides its products through distributors, self-operated stores, retail outlets, supermarkets, online stores, and e-commerce platforms. The company was formerly known as Wing Yip Food (China) Holdings Group Limited. Wing Yip Food Holdings Group Limited was founded in 1915 and is based in Zhongshan City, China.Show more

Revenue $213.55B +23.8%
EBITDA $29.38B -2.9%
Net Income $15.51B +0.5%
EPS (Diluted) 0.00 -100.0%
Gross Margin 30.08% -12.0%
EBITDA Margin 13.76% -21.6%
Operating Margin 10.34% -25.5%
Net Margin 7.26% -18.8%
ROE 10379.8% -7.1%
ROIC 19599.45% -12.7%
Debt/Equity 0.16 -5.8%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 11184.2%
✓Strong 5Y sales CAGR of 14.5%
✓Trading at only 0.2x book value
✓Efficient asset utilization: 1103.7x turnover

✗Weaknesses

✗Weak momentum: RS Rating 5 (bottom 5%)
✗Low quality earnings: Net income not backed by cash flow
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y14.54%

3Y10.26%

TTM11.68%

Profit (Net Income) CAGR

10Y-

5Y9.33%

3Y-7.7%

TTM-51.33%

EPS CAGR

10Y-

5Y-

3Y-

TTM-57.15%

ROCE

10Y Avg38435.58%

5Y Avg15499.02%

3Y Avg14587.23%

Latest13653.17%

Peer Comparison

Frozen & Refrigerated Foods

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MAMAMama's Creations, Inc.	558.17M	13.73	145.91	19.41%	3.08%	9.38%	0.01%	0.41
SENEASeneca Foods Corporation	629.84M	119.22	20.21	8.25%	3.73%	8.9%	47.35%	0.59
LWLamb Weston Holdings, Inc.	6.1B	43.93	17.57	-0.25%	4.56%	16.43%	3.77%	2.39
PPCPilgrim's Pride Corporation	9.89B	41.63	9.11	2.97%	6.71%	34.65%	15.31%	0.81
NOMDNomad Foods Limited	1.75B	11.91	8.51	1.82%	6.51%	7.78%	20.33%	0.82
BRIDBridgford Foods Corporation	74.52M	8.21	-22.19	-11.12%	-3.19%	-5.97%		0.05
WYHGWing Yip Food Holdings Group Limited American Depositary Shares	29.95M	0.60		23.79%	4.51%	56.18%	7.95%	0.16

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	58.83B	79.13B	80.8B	97.87B	108.31B	120.26B	159.3B	163.85B	172.51B	213.55B
Revenue Growth %	-	0.34%	0.02%	0.21%	0.11%	0.11%	0.32%	0.03%	0.05%	0.24%
Cost of Goods Sold+	39.06B	51.86B	48.84B	57.53B	70.19B	83.87B	101.92B	110.13B	113.51B	0
COGS % of Revenue	0.66%	0.66%	0.6%	0.59%	0.65%	0.7%	0.64%	0.67%	0.66%	-
Gross Profit+	19.77B	27.26B	31.96B	40.34B	38.12B	36.39B	57.38B	53.73B	59B	64.24B
Gross Margin %	0.34%	0.34%	0.4%	0.41%	0.35%	0.3%	0.36%	0.33%	0.34%	0.3%
Gross Profit Growth %	-	0.38%	0.17%	0.26%	-0.05%	-0.05%	0.58%	-0.06%	0.1%	0.09%
Operating Expenses+	5.02B	7.47B	8.86B	11.93B	19.71B	20.44B	34.49B	33B	35.05B	0
OpEx % of Revenue	0.09%	0.09%	0.11%	0.12%	0.18%	0.17%	0.22%	0.2%	0.2%	-
Selling, General & Admin	4.98B	7.32B	8.6B	11.31B	18.1B	18.31B	28.54B	27.86B	29.73B	35.03B
SG&A % of Revenue	0.08%	0.09%	0.11%	0.12%	0.17%	0.15%	0.18%	0.17%	0.17%	0.16%
Research & Development	39.35M	147.58M	256.12M	621.34M	1.61B	2.14B	5.95B	5.14B	5.32B	7.13B
R&D % of Revenue	0%	0%	0%	0.01%	0.01%	0.02%	0.04%	0.03%	0.03%	0.03%
Other Operating Expenses	0	0	0	0	0	0	0	0	0	42.16B
Operating Income+	14.75B	19.79B	23.1B	28.41B	18.41B	15.95B	22.89B	20.72B	23.95B	22.08B
Operating Margin %	0.25%	0.25%	0.29%	0.29%	0.17%	0.13%	0.14%	0.13%	0.14%	0.1%
Operating Income Growth %	-	0.34%	0.17%	0.23%	-0.35%	-0.13%	0.44%	-0.09%	0.16%	-0.08%
EBITDA+	15.02B	20.39B	24.72B	30.44B	22.48B	19.49B	27.2B	26.1B	30.26B	29.38B
EBITDA Margin %	0.26%	0.26%	0.31%	0.31%	0.21%	0.16%	0.17%	0.16%	0.18%	0.14%
EBITDA Growth %	-	0.36%	0.21%	0.23%	-0.26%	-0.13%	0.4%	-0.04%	0.16%	-0.03%
D&A (Non-Cash Add-back)	273.18M	597.56M	1.62B	2.03B	4.07B	3.55B	4.31B	5.38B	6.31B	7.3B
EBIT	14.78B	20.46B	21.76B	28.4B	15.98B	16.09B	23.8B	18.98B	21.8B	22.08B
Net Interest Income+	-52.69M	-225.94M	11.7M	-8.29M	-92.72M	-235.77M	70.07M	123.28M	-1.13B	264.91M
Interest Income	28.32M	32.03M	81.16M	156.2M	226.02M	268.46M	274.07M	306.2M	230.01M	264.91M
Interest Expense	81.01M	257.97M	69.45M	164.48M	318.75M	504.23M	204M	182.91M	1.36B	0
Other Income/Expense	-47.98M	406.07M	-1.41B	-167.79M	-2.76B	-363.4M	703.36M	-1.92B	-3.51B	-5.32B
Pretax Income+	14.7B	20.2B	21.69B	28.24B	15.66B	15.58B	23.59B	18.8B	20.43B	16.76B
Pretax Margin %	0.25%	0.26%	0.27%	0.29%	0.14%	0.13%	0.15%	0.11%	0.12%	0.08%
Income Tax+	3.79B	5.26B	5.56B	7.86B	5.73B	3.55B	3.87B	2.91B	5.01B	1.26B
Effective Tax Rate %	0.74%	0.74%	0.74%	0.72%	0.63%	0.77%	0.84%	0.84%	0.75%	0.93%
Net Income+	10.91B	14.94B	16.14B	20.38B	9.93B	12.03B	19.72B	15.89B	15.43B	15.51B
Net Margin %	0.19%	0.19%	0.2%	0.21%	0.09%	0.1%	0.12%	0.1%	0.09%	0.07%
Net Income Growth %	-	0.37%	0.08%	0.26%	-0.51%	0.21%	0.64%	-0.19%	-0.03%	0.01%
Net Income (Continuing)	10.91B	14.94B	16.14B	20.38B	9.93B	12.03B	19.72B	15.89B	15.43B	15.51B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	1069.38	1465.01	1581.87	539.48	243.98	245.52	411.05	331.09	321.61	0.00
EPS Growth %	-	0.37%	0.08%	-0.66%	-0.55%	0.01%	0.67%	-0.19%	-0.03%	-1%
EPS (Basic)	1069.38	1465.01	1581.87	659.25	243.98	253.57	411.05	331.09	321.61	321.93
Diluted Shares Outstanding	10.2M	10.2M	10.2M	37.53M	40.68M	47.97M	47.97M	47.97M	47.97M	48.17M
Basic Shares Outstanding	10.2M	10.2M	10.2M	30.91M	40.68M	47.46M	47.97M	47.97M	47.97M	48.17M
Dividend Payout Ratio	-	-	-	-	0%	0%	0%	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	16.31M	32.57M	45.42M	80.77M	90.79M	92.2M	93.87M	84.45M	110.16M	112.81M
Cash & Short-Term Investments	6.78M	21.99M	35M	72.91M	75.37M	75.12M	76.72M	66.92M	90.96M	87.93M
Cash Only	6.78M	21.99M	35M	72.91M	75.26M	75.12M	76.57M	66.78M	90.96M	87.93M
Short-Term Investments	0	0	0	0	107.74K	0	150.73K	138.35K	0	0
Accounts Receivable	7.57M	9.06M	7.73M	5.19M	7.52M	9.79M	7.21M	6.67M	9.69M	10.01M
Days Sales Outstanding	0.05	0.04	0.03	0.02	0.03	0.03	0.02	0.01	0.02	0.02
Inventory	1.96M	1.5M	2.65M	2.27M	6.21M	5.26M	5.9M	7.66M	6.58M	8.46M
Days Inventory Outstanding	0.02	0.01	0.02	0.01	0.03	0.02	0.02	0.03	0.02	-
Other Current Assets	0	0	1	0	108.1K	148.02K	151.1K	1	135.78K	950.25K
Total Non-Current Assets+	7.51M	12.37M	19.42M	17.64M	18.47M	46.17M	71.01M	79.55M	72.21M	80.68M
Property, Plant & Equipment	7.51M	11.97M	17.82M	16.54M	18.29M	45.81M	70.72M	79.29M	70.73M	79.87M
Fixed Asset Turnover	7835.69x	6611.67x	4533.93x	5918.04x	5922.10x	2625.58x	2252.61x	2066.40x	2439.11x	2673.74x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	6.63K	6.24K	20.17K	21.41K	73.94K	60.07K	706.26K	652.44K
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	401.19K	945.07K	872.97K	157.61K	341.39K	218.31K	200.49K	780.18K	157.08K
Total Assets+	23.82M	44.94M	64.84M	98.42M	108.96M	138.36M	164.88M	164M	181.02M	193.49M
Asset Turnover	2469.66x	1760.73x	1246.11x	994.41x	994.06x	869.19x	966.19x	999.10x	952.97x	1103.67x
Asset Growth %	-	0.89%	0.44%	0.52%	0.11%	0.27%	0.19%	-0.01%	0.1%	0.07%
Total Current Liabilities+	9.04M	9.21M	22.1M	21.65M	20.26M	22.16M	29.1M	16.31M	19.45M	31.58M
Accounts Payable	4.46M	5.85M	5.32M	4.56M	5.36M	9.78M	13.12M	7.05M	7.79M	8.1M
Days Payables Outstanding	0.04	0.04	0.04	0.03	0.03	0.04	0.05	0.02	0.03	-
Short-Term Debt	2.8M	287.79K	13.52M	13.33M	10.71M	7.82M	10.29M	4.31M	7.26M	20.15M
Deferred Revenue (Current)	34.32K	28.78K	27.2K	0	0	0	0	0	0	46.87K
Other Current Liabilities	773.89K	1.13M	1.39M	1.66M	1.8M	1.82M	4.96M	2.52M	3.5M	0
Current Ratio	1.80x	3.54x	2.06x	3.73x	4.48x	4.16x	3.23x	5.18x	5.67x	3.57x
Quick Ratio	1.59x	3.37x	1.94x	3.63x	4.17x	3.92x	3.02x	4.71x	5.33x	3.30x
Cash Conversion Cycle	0.02	0.01	0.01	0	0.03	0.01	-0.01	0.02	0.02	-
Total Non-Current Liabilities+	1.23M	10.83M	681.89K	1.66M	2.24M	3.41M	4.12M	14.58M	16.41M	6.16M
Long-Term Debt	1.23M	10.83M	570.31K	1.38M	797.16K	669.57K	1.95M	12.63M	14.54M	4.34M
Capital Lease Obligations	0	0	0	0	923.64K	1.03M	409.01K	259.7K	212.62K	278.28K
Deferred Tax Liabilities	0	0	111.58K	126.34K	381.1K	1.58M	1.65M	1.61M	1.58M	1.55M
Other Non-Current Liabilities	0	0	0	0	0	0	0	1	0	0
Total Liabilities	10.28M	20.04M	22.78M	23.31M	22.5M	25.58M	33.22M	30.89M	37.97M	37.75M
Total Debt+	4.03M	11.12M	14.09M	14.71M	12.87M	10.15M	13.3M	17.31M	24.24M	24.85M
Net Debt	-2.76M	-10.87M	-20.91M	-58.2M	-62.39M	-64.98M	-63.27M	-49.47M	-66.72M	-63.07M
Debt / Equity	0.30x	0.45x	0.34x	0.20x	0.15x	0.09x	0.10x	0.13x	0.17x	0.16x
Debt / EBITDA	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Net Debt / EBITDA	-0.00x	-0.00x	-0.00x	-0.00x	-0.00x	-0.00x	-0.00x	-0.00x	-0.00x	-0.00x
Interest Coverage	182.08x	76.72x	332.57x	172.71x	57.77x	31.63x	112.19x	113.29x	17.58x	-
Total Equity+	13.55M	24.9M	42.06M	75.11M	86.46M	112.79M	131.66M	133.11M	143.06M	155.74M
Equity Growth %	-	0.84%	0.69%	0.79%	0.15%	0.3%	0.17%	0.01%	0.07%	0.09%
Book Value per Share	1.33	2.44	4.12	2.00	2.13	2.35	2.74	2.77	2.98	3.23
Total Shareholders' Equity	13.55M	24.9M	42.06M	75.11M	86.46M	112.79M	131.66M	133.11M	142.61M	155.74M
Common Stock	4.62M	5.61M	5.97M	23.29M	28.39M	39.4M	40.3M	37.04M	36.3M	0
Retained Earnings	7.24M	17.34M	36.09M	46.04M	51.02M	73.38M	91.36M	96.12M	94.32M	109.97M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	1.69M	1.94M	0	0	0	0	0	0	0	2.78M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	10.05M	13.88M	17.57M	21.83M	8.08M	18.99M	23.3M	8.92M	17.65M	12.48M
Operating CF Margin %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Operating CF Growth %	-	0.38%	0.27%	0.24%	-0.63%	1.35%	0.23%	-0.62%	0.98%	-0.29%
Net Income	9.3M	12.38M	14.82M	24.27M	13.69M	15.14M	20.05M	11.19M	14.01M	11.25M
Depreciation & Amortization	233K	494.93K	1.54M	1.81M	3.6M	3.45M	3.66M	2.02M	3.18M	4.55M
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0
Deferred Taxes	0	0	0	0	0	0	0	0	0	-30.36K
Other Non-Cash Items	173.29K	570.64K	639.69K	-6.9M	-3.09M	-2.42M	-4.63M	8.95M	1.98M	570.73K
Working Capital Changes	340.13K	438.29K	30.61K	2.71M	-6.08M	2.82M	4.22M	-13.24M	-1.52M	-3.85M
Change in Receivables	-3.02M	-2.09M	1.83M	2.16M	-2.42M	-1.75M	2.79M	-2.23M	-3.31M	-376.69K
Change in Inventory	-525.7K	-5.65K	-1.16M	251.1K	-3.96M	1.36M	-522.31K	-1.81M	1.15M	-1.88M
Change in Payables	2.69M	1.75M	0	0	0	0	0	0	0	309.12K
Cash from Investing+	1.26M	-5.68M	-6.23M	-1.35M	-3.12M	-29.85M	-26.76M	-18.06M	-222.17K	-10.1M
Capital Expenditures	-5.1M	-5.68M	-6.23M	-1.34M	-2.93M	-29.71M	-26.84M	-18.06M	-217.05K	-10.1M
CapEx % of Revenue	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	6.34M	0	-6.69K	-5.56K	-196.95K	-144.52K	80.89K	1.83K	-5.11K	-548
Cash from Financing+	-4.65M	8.12M	502.96K	19.22M	-1.37M	5.49M	3.2M	5.32M	6.13M	4.41M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-8.18M	0	0	0	-1.55M	-417.82K	-444.78K	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	-5.22M	0	145.54K	239.58K	396.65K	71.83K	-508.82K	-605.87K	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	4.95M	8.21M	11.12M	20.49M	5.13M	-10.72M	-3.6M	-9.13M	17.43M	2.38M
FCF Margin %	0%	0%	0%	0%	0%	-0%	-0%	-0%	0%	0%
FCF Growth %	-	0.66%	0.36%	0.84%	-0.75%	-3.09%	0.66%	-1.54%	2.91%	-0.86%
FCF per Share	0.49	0.80	1.09	0.55	0.13	-0.22	-0.08	-0.19	0.36	0.05
FCF Conversion (FCF/Net Income)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Interest Paid	0	0	0	0	0	0	0	0	0	992.56K
Taxes Paid	0	0	0	0	0	0	0	0	0	2.35M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	80530.08%	77745.53%	48196.45%	34787.97%	12287.89%	12077.75%	16133.15%	12000.2%	11172.58%	10379.8%
Return on Invested Capital (ROIC)	102531.96%	119641.37%	98496.19%	111969.48%	67411.78%	33280.77%	29544.84%	20446.66%	22455.15%	19599.45%
Gross Margin	33.6%	34.46%	39.55%	41.22%	35.2%	30.26%	36.02%	32.79%	34.2%	30.08%
Net Margin	18.54%	18.89%	19.97%	20.82%	9.16%	10%	12.38%	9.7%	8.94%	7.26%
Debt / Equity	0.30x	0.45x	0.34x	0.20x	0.15x	0.09x	0.10x	0.13x	0.17x	0.16x
Interest Coverage	182.08x	76.72x	332.57x	172.71x	57.77x	31.63x	112.19x	113.29x	17.58x	-
FCF Conversion	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Revenue Growth	-	34.5%	2.11%	21.12%	10.67%	11.04%	32.46%	2.86%	5.28%	23.79%

Frequently Asked Questions

Growth & Financials

Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) reported $204.93B in revenue for fiscal year 2024. This represents a 248% increase from $58.83B in 2015.

Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) grew revenue by 23.8% over the past year. This is strong growth.

Yes, Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) is profitable, generating $9.25B in net income for fiscal year 2024 (7.3% net margin).

Dividend & Returns

Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) has a return on equity (ROE) of 10379.8%. This is excellent, indicating efficient use of shareholder capital.

Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) generated $1.9M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) 10-Year Financial Performance & Capital Metrics

WYHG • • Industrial / General

Consumer DefensivePackaged FoodsTraditional Packaged FoodsFrozen & Refrigerated Foods

Revenue $213.55B +23.8%
EBITDA $29.38B -2.9%
Net Income $15.51B +0.5%
EPS (Diluted) 0.00 -100.0%
Gross Margin 30.08% -12.0%
EBITDA Margin 13.76% -21.6%
Operating Margin 10.34% -25.5%
Net Margin 7.26% -18.8%
ROE 10379.8% -7.1%
ROIC 19599.45% -12.7%
Debt/Equity 0.16 -5.8%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 11184.2%
✓Strong 5Y sales CAGR of 14.5%
✓Trading at only 0.2x book value
✓Efficient asset utilization: 1103.7x turnover

✗Weaknesses

✗Weak momentum: RS Rating 5 (bottom 5%)
✗Low quality earnings: Net income not backed by cash flow
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y14.54%

3Y10.26%

TTM11.68%

Profit (Net Income) CAGR

10Y-

5Y9.33%

3Y-7.7%

TTM-51.33%

EPS CAGR

10Y-

5Y-

3Y-

TTM-57.15%

ROCE

10Y Avg38435.58%

5Y Avg15499.02%

3Y Avg14587.23%

Latest13653.17%

Peer Comparison

Frozen & Refrigerated Foods

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MAMAMama's Creations, Inc.	558.17M	13.73	145.91	19.41%	3.08%	9.38%	0.01%	0.41
SENEASeneca Foods Corporation	629.84M	119.22	20.21	8.25%	3.73%	8.9%	47.35%	0.59
LWLamb Weston Holdings, Inc.	6.1B	43.93	17.57	-0.25%	4.56%	16.43%	3.77%	2.39
PPCPilgrim's Pride Corporation	9.89B	41.63	9.11	2.97%	6.71%	34.65%	15.31%	0.81
NOMDNomad Foods Limited	1.75B	11.91	8.51	1.82%	6.51%	7.78%	20.33%	0.82
BRIDBridgford Foods Corporation	74.52M	8.21	-22.19	-11.12%	-3.19%	-5.97%		0.05
WYHGWing Yip Food Holdings Group Limited American Depositary Shares	29.95M	0.60		23.79%	4.51%	56.18%	7.95%	0.16

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	58.83B	79.13B	80.8B	97.87B	108.31B	120.26B	159.3B	163.85B	172.51B	213.55B
Revenue Growth %	-	0.34%	0.02%	0.21%	0.11%	0.11%	0.32%	0.03%	0.05%	0.24%
Cost of Goods Sold+	39.06B	51.86B	48.84B	57.53B	70.19B	83.87B	101.92B	110.13B	113.51B	0
COGS % of Revenue	0.66%	0.66%	0.6%	0.59%	0.65%	0.7%	0.64%	0.67%	0.66%	-
Gross Profit+	19.77B	27.26B	31.96B	40.34B	38.12B	36.39B	57.38B	53.73B	59B	64.24B
Gross Margin %	0.34%	0.34%	0.4%	0.41%	0.35%	0.3%	0.36%	0.33%	0.34%	0.3%
Gross Profit Growth %	-	0.38%	0.17%	0.26%	-0.05%	-0.05%	0.58%	-0.06%	0.1%	0.09%
Operating Expenses+	5.02B	7.47B	8.86B	11.93B	19.71B	20.44B	34.49B	33B	35.05B	0
OpEx % of Revenue	0.09%	0.09%	0.11%	0.12%	0.18%	0.17%	0.22%	0.2%	0.2%	-
Selling, General & Admin	4.98B	7.32B	8.6B	11.31B	18.1B	18.31B	28.54B	27.86B	29.73B	35.03B
SG&A % of Revenue	0.08%	0.09%	0.11%	0.12%	0.17%	0.15%	0.18%	0.17%	0.17%	0.16%
Research & Development	39.35M	147.58M	256.12M	621.34M	1.61B	2.14B	5.95B	5.14B	5.32B	7.13B
R&D % of Revenue	0%	0%	0%	0.01%	0.01%	0.02%	0.04%	0.03%	0.03%	0.03%
Other Operating Expenses	0	0	0	0	0	0	0	0	0	42.16B
Operating Income+	14.75B	19.79B	23.1B	28.41B	18.41B	15.95B	22.89B	20.72B	23.95B	22.08B
Operating Margin %	0.25%	0.25%	0.29%	0.29%	0.17%	0.13%	0.14%	0.13%	0.14%	0.1%
Operating Income Growth %	-	0.34%	0.17%	0.23%	-0.35%	-0.13%	0.44%	-0.09%	0.16%	-0.08%
EBITDA+	15.02B	20.39B	24.72B	30.44B	22.48B	19.49B	27.2B	26.1B	30.26B	29.38B
EBITDA Margin %	0.26%	0.26%	0.31%	0.31%	0.21%	0.16%	0.17%	0.16%	0.18%	0.14%
EBITDA Growth %	-	0.36%	0.21%	0.23%	-0.26%	-0.13%	0.4%	-0.04%	0.16%	-0.03%
D&A (Non-Cash Add-back)	273.18M	597.56M	1.62B	2.03B	4.07B	3.55B	4.31B	5.38B	6.31B	7.3B
EBIT	14.78B	20.46B	21.76B	28.4B	15.98B	16.09B	23.8B	18.98B	21.8B	22.08B
Net Interest Income+	-52.69M	-225.94M	11.7M	-8.29M	-92.72M	-235.77M	70.07M	123.28M	-1.13B	264.91M
Interest Income	28.32M	32.03M	81.16M	156.2M	226.02M	268.46M	274.07M	306.2M	230.01M	264.91M
Interest Expense	81.01M	257.97M	69.45M	164.48M	318.75M	504.23M	204M	182.91M	1.36B	0
Other Income/Expense	-47.98M	406.07M	-1.41B	-167.79M	-2.76B	-363.4M	703.36M	-1.92B	-3.51B	-5.32B
Pretax Income+	14.7B	20.2B	21.69B	28.24B	15.66B	15.58B	23.59B	18.8B	20.43B	16.76B
Pretax Margin %	0.25%	0.26%	0.27%	0.29%	0.14%	0.13%	0.15%	0.11%	0.12%	0.08%
Income Tax+	3.79B	5.26B	5.56B	7.86B	5.73B	3.55B	3.87B	2.91B	5.01B	1.26B
Effective Tax Rate %	0.74%	0.74%	0.74%	0.72%	0.63%	0.77%	0.84%	0.84%	0.75%	0.93%
Net Income+	10.91B	14.94B	16.14B	20.38B	9.93B	12.03B	19.72B	15.89B	15.43B	15.51B
Net Margin %	0.19%	0.19%	0.2%	0.21%	0.09%	0.1%	0.12%	0.1%	0.09%	0.07%
Net Income Growth %	-	0.37%	0.08%	0.26%	-0.51%	0.21%	0.64%	-0.19%	-0.03%	0.01%
Net Income (Continuing)	10.91B	14.94B	16.14B	20.38B	9.93B	12.03B	19.72B	15.89B	15.43B	15.51B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	1069.38	1465.01	1581.87	539.48	243.98	245.52	411.05	331.09	321.61	0.00
EPS Growth %	-	0.37%	0.08%	-0.66%	-0.55%	0.01%	0.67%	-0.19%	-0.03%	-1%
EPS (Basic)	1069.38	1465.01	1581.87	659.25	243.98	253.57	411.05	331.09	321.61	321.93
Diluted Shares Outstanding	10.2M	10.2M	10.2M	37.53M	40.68M	47.97M	47.97M	47.97M	47.97M	48.17M
Basic Shares Outstanding	10.2M	10.2M	10.2M	30.91M	40.68M	47.46M	47.97M	47.97M	47.97M	48.17M
Dividend Payout Ratio	-	-	-	-	0%	0%	0%	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	16.31M	32.57M	45.42M	80.77M	90.79M	92.2M	93.87M	84.45M	110.16M	112.81M
Cash & Short-Term Investments	6.78M	21.99M	35M	72.91M	75.37M	75.12M	76.72M	66.92M	90.96M	87.93M
Cash Only	6.78M	21.99M	35M	72.91M	75.26M	75.12M	76.57M	66.78M	90.96M	87.93M
Short-Term Investments	0	0	0	0	107.74K	0	150.73K	138.35K	0	0
Accounts Receivable	7.57M	9.06M	7.73M	5.19M	7.52M	9.79M	7.21M	6.67M	9.69M	10.01M
Days Sales Outstanding	0.05	0.04	0.03	0.02	0.03	0.03	0.02	0.01	0.02	0.02
Inventory	1.96M	1.5M	2.65M	2.27M	6.21M	5.26M	5.9M	7.66M	6.58M	8.46M
Days Inventory Outstanding	0.02	0.01	0.02	0.01	0.03	0.02	0.02	0.03	0.02	-
Other Current Assets	0	0	1	0	108.1K	148.02K	151.1K	1	135.78K	950.25K
Total Non-Current Assets+	7.51M	12.37M	19.42M	17.64M	18.47M	46.17M	71.01M	79.55M	72.21M	80.68M
Property, Plant & Equipment	7.51M	11.97M	17.82M	16.54M	18.29M	45.81M	70.72M	79.29M	70.73M	79.87M
Fixed Asset Turnover	7835.69x	6611.67x	4533.93x	5918.04x	5922.10x	2625.58x	2252.61x	2066.40x	2439.11x	2673.74x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	6.63K	6.24K	20.17K	21.41K	73.94K	60.07K	706.26K	652.44K
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	401.19K	945.07K	872.97K	157.61K	341.39K	218.31K	200.49K	780.18K	157.08K
Total Assets+	23.82M	44.94M	64.84M	98.42M	108.96M	138.36M	164.88M	164M	181.02M	193.49M
Asset Turnover	2469.66x	1760.73x	1246.11x	994.41x	994.06x	869.19x	966.19x	999.10x	952.97x	1103.67x
Asset Growth %	-	0.89%	0.44%	0.52%	0.11%	0.27%	0.19%	-0.01%	0.1%	0.07%
Total Current Liabilities+	9.04M	9.21M	22.1M	21.65M	20.26M	22.16M	29.1M	16.31M	19.45M	31.58M
Accounts Payable	4.46M	5.85M	5.32M	4.56M	5.36M	9.78M	13.12M	7.05M	7.79M	8.1M
Days Payables Outstanding	0.04	0.04	0.04	0.03	0.03	0.04	0.05	0.02	0.03	-
Short-Term Debt	2.8M	287.79K	13.52M	13.33M	10.71M	7.82M	10.29M	4.31M	7.26M	20.15M
Deferred Revenue (Current)	34.32K	28.78K	27.2K	0	0	0	0	0	0	46.87K
Other Current Liabilities	773.89K	1.13M	1.39M	1.66M	1.8M	1.82M	4.96M	2.52M	3.5M	0
Current Ratio	1.80x	3.54x	2.06x	3.73x	4.48x	4.16x	3.23x	5.18x	5.67x	3.57x
Quick Ratio	1.59x	3.37x	1.94x	3.63x	4.17x	3.92x	3.02x	4.71x	5.33x	3.30x
Cash Conversion Cycle	0.02	0.01	0.01	0	0.03	0.01	-0.01	0.02	0.02	-
Total Non-Current Liabilities+	1.23M	10.83M	681.89K	1.66M	2.24M	3.41M	4.12M	14.58M	16.41M	6.16M
Long-Term Debt	1.23M	10.83M	570.31K	1.38M	797.16K	669.57K	1.95M	12.63M	14.54M	4.34M
Capital Lease Obligations	0	0	0	0	923.64K	1.03M	409.01K	259.7K	212.62K	278.28K
Deferred Tax Liabilities	0	0	111.58K	126.34K	381.1K	1.58M	1.65M	1.61M	1.58M	1.55M
Other Non-Current Liabilities	0	0	0	0	0	0	0	1	0	0
Total Liabilities	10.28M	20.04M	22.78M	23.31M	22.5M	25.58M	33.22M	30.89M	37.97M	37.75M
Total Debt+	4.03M	11.12M	14.09M	14.71M	12.87M	10.15M	13.3M	17.31M	24.24M	24.85M
Net Debt	-2.76M	-10.87M	-20.91M	-58.2M	-62.39M	-64.98M	-63.27M	-49.47M	-66.72M	-63.07M
Debt / Equity	0.30x	0.45x	0.34x	0.20x	0.15x	0.09x	0.10x	0.13x	0.17x	0.16x
Debt / EBITDA	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Net Debt / EBITDA	-0.00x	-0.00x	-0.00x	-0.00x	-0.00x	-0.00x	-0.00x	-0.00x	-0.00x	-0.00x
Interest Coverage	182.08x	76.72x	332.57x	172.71x	57.77x	31.63x	112.19x	113.29x	17.58x	-
Total Equity+	13.55M	24.9M	42.06M	75.11M	86.46M	112.79M	131.66M	133.11M	143.06M	155.74M
Equity Growth %	-	0.84%	0.69%	0.79%	0.15%	0.3%	0.17%	0.01%	0.07%	0.09%
Book Value per Share	1.33	2.44	4.12	2.00	2.13	2.35	2.74	2.77	2.98	3.23
Total Shareholders' Equity	13.55M	24.9M	42.06M	75.11M	86.46M	112.79M	131.66M	133.11M	142.61M	155.74M
Common Stock	4.62M	5.61M	5.97M	23.29M	28.39M	39.4M	40.3M	37.04M	36.3M	0
Retained Earnings	7.24M	17.34M	36.09M	46.04M	51.02M	73.38M	91.36M	96.12M	94.32M	109.97M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	1.69M	1.94M	0	0	0	0	0	0	0	2.78M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	10.05M	13.88M	17.57M	21.83M	8.08M	18.99M	23.3M	8.92M	17.65M	12.48M
Operating CF Margin %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Operating CF Growth %	-	0.38%	0.27%	0.24%	-0.63%	1.35%	0.23%	-0.62%	0.98%	-0.29%
Net Income	9.3M	12.38M	14.82M	24.27M	13.69M	15.14M	20.05M	11.19M	14.01M	11.25M
Depreciation & Amortization	233K	494.93K	1.54M	1.81M	3.6M	3.45M	3.66M	2.02M	3.18M	4.55M
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0
Deferred Taxes	0	0	0	0	0	0	0	0	0	-30.36K
Other Non-Cash Items	173.29K	570.64K	639.69K	-6.9M	-3.09M	-2.42M	-4.63M	8.95M	1.98M	570.73K
Working Capital Changes	340.13K	438.29K	30.61K	2.71M	-6.08M	2.82M	4.22M	-13.24M	-1.52M	-3.85M
Change in Receivables	-3.02M	-2.09M	1.83M	2.16M	-2.42M	-1.75M	2.79M	-2.23M	-3.31M	-376.69K
Change in Inventory	-525.7K	-5.65K	-1.16M	251.1K	-3.96M	1.36M	-522.31K	-1.81M	1.15M	-1.88M
Change in Payables	2.69M	1.75M	0	0	0	0	0	0	0	309.12K
Cash from Investing+	1.26M	-5.68M	-6.23M	-1.35M	-3.12M	-29.85M	-26.76M	-18.06M	-222.17K	-10.1M
Capital Expenditures	-5.1M	-5.68M	-6.23M	-1.34M	-2.93M	-29.71M	-26.84M	-18.06M	-217.05K	-10.1M
CapEx % of Revenue	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	6.34M	0	-6.69K	-5.56K	-196.95K	-144.52K	80.89K	1.83K	-5.11K	-548
Cash from Financing+	-4.65M	8.12M	502.96K	19.22M	-1.37M	5.49M	3.2M	5.32M	6.13M	4.41M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-8.18M	0	0	0	-1.55M	-417.82K	-444.78K	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	-5.22M	0	145.54K	239.58K	396.65K	71.83K	-508.82K	-605.87K	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	4.95M	8.21M	11.12M	20.49M	5.13M	-10.72M	-3.6M	-9.13M	17.43M	2.38M
FCF Margin %	0%	0%	0%	0%	0%	-0%	-0%	-0%	0%	0%
FCF Growth %	-	0.66%	0.36%	0.84%	-0.75%	-3.09%	0.66%	-1.54%	2.91%	-0.86%
FCF per Share	0.49	0.80	1.09	0.55	0.13	-0.22	-0.08	-0.19	0.36	0.05
FCF Conversion (FCF/Net Income)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Interest Paid	0	0	0	0	0	0	0	0	0	992.56K
Taxes Paid	0	0	0	0	0	0	0	0	0	2.35M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	80530.08%	77745.53%	48196.45%	34787.97%	12287.89%	12077.75%	16133.15%	12000.2%	11172.58%	10379.8%
Return on Invested Capital (ROIC)	102531.96%	119641.37%	98496.19%	111969.48%	67411.78%	33280.77%	29544.84%	20446.66%	22455.15%	19599.45%
Gross Margin	33.6%	34.46%	39.55%	41.22%	35.2%	30.26%	36.02%	32.79%	34.2%	30.08%
Net Margin	18.54%	18.89%	19.97%	20.82%	9.16%	10%	12.38%	9.7%	8.94%	7.26%
Debt / Equity	0.30x	0.45x	0.34x	0.20x	0.15x	0.09x	0.10x	0.13x	0.17x	0.16x
Interest Coverage	182.08x	76.72x	332.57x	172.71x	57.77x	31.63x	112.19x	113.29x	17.58x	-
FCF Conversion	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Revenue Growth	-	34.5%	2.11%	21.12%	10.67%	11.04%	32.46%	2.86%	5.28%	23.79%

Frequently Asked Questions

Growth & Financials

Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) reported $204.93B in revenue for fiscal year 2024. This represents a 248% increase from $58.83B in 2015.

Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) grew revenue by 23.8% over the past year. This is strong growth.

Yes, Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) is profitable, generating $9.25B in net income for fiscal year 2024 (7.3% net margin).

Dividend & Returns

Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) has a return on equity (ROE) of 10379.8%. This is excellent, indicating efficient use of shareholder capital.