Wing Yip Food Holdings Group Ltd financial statements
Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Wing Yip Food Holdings Group Ltd files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2022
FY2024
FY2024
FY2025
Revenue
131
134
145
135
Cost of revenue
86.4
87
99.8
95.7
Gross profit
44.3
47.1
44.8
39.5
Research and development
4.11
4.25
4.97
4.13
General and administrative
4.01
4.08
4.38
5.4
Operating expenses
27.8
27.9
29
28.9
Interest expense
0.08
1
1.06
1.07
Interest income
0.24
0.18
0.18
0.08
Other non-operating income
-1.53
-2.73
-3.67
-1.49
Pre-tax income
15
16.5
12.1
9.1
Income tax
3.81
2.48
0.85
1.18
Net income
11.2
14
11.2
7.91
EPS, basic
0.23
0.29
0.23
0.16
EPS, diluted
0.23
0.29
0.23
0.16
Shares, basic (weighted)
48
48
48.2
50.3
Shares, diluted (weighted)
48
48
48.2
50.3
Balance sheet
FY2022
FY2024
FY2024
FY2025
Cash and equivalents
67.4
91
87.9
85.3
Receivables
7.35
7.77
6.8
Inventory
6.58
8.46
9.84
Other current assets
3.92
7.78
30.2
Total current assets
109
113
132
Property, plant and equipment
70.5
79.6
78.8
Lease right-of-use assets
0.22
0.3
3.52
Intangible assets
0.06
0.05
0.05
Other non-current assets
0.17
0.16
0.11
Total assets
181
193
215
Accounts payable
7.79
8.1
10
Deferred revenue
0.07
0.05
0.03
Short-term debt
0.78
10.5
3.82
Total current liabilities
19.4
31.6
27.7
Long-term debt
16.7
4.34
14
Lease liabilities
0.21
0.28
0.01
Total liabilities
38
37.7
43.4
Total debt
17.5
14.8
17.8
Paid-in capital
37.4
43
44.1
Retained earnings
100
110
116
Other comprehensive income
-5.12
-9.31
-2.22
Shareholders' equity
133
143
156
172
Total equity
133
143
156
172
Total liabilities and equity
181
193
215
Shares outstanding
48
50
50.3
Cash flow statement
FY2022
FY2024
FY2024
FY2025
Net income
11.2
14
11.2
7.91
Depreciation and amortization
1.35
3.02
4.42
5.74
Deferred income tax
-0.03
-0.04
-0.03
0.18
Change in receivables
-2.23
-3.31
-0.38
0.97
Change in inventory
-1.81
1.15
-1.88
-1.38
Cash from operations
8.92
17.7
12.5
-13.2
Capital expenditures
-18.1
-0.22
-10.1
-4.54
Cash from investing
-18.1
-0.22
-10.1
-4.55
Debt issued
11.6
4.65
0.65
15.4
Debt repaid
-0.59
-2.88
-13.1
Stock issued
6.23
1.13
Cash from financing
5.83
6.13
4.41
7.5
Exchange rate effect
-6.07
0.01
-8.95
6.78
Net change in cash
-9.37
23.6
-2.16
-3.43
Free cash flow
-9.13
17.4
2.38
-17.7
Interest paid
0.58
0.92
0.99
1.05
Income taxes paid
2.04
5.31
2.35
1.11
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $4.13 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
29.2%
Gross profit / revenue.
Pre-tax margin
6.7%
Pre-tax income / revenue.
Net margin
5.9%
Net income / revenue.
FCF margin
-13.1%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-9.7%
Cash from operations / revenue.
Effective tax rate
13.0%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
4.8%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
3.9%
Net income / average total assets.
R&D / revenue
3.1%
Research and development expense / revenue.
Capex / revenue
3.4%
Capital expenditures / revenue.
D&A / revenue
4.2%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-6.5%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
1.1%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
-11.8%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
-3.8%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y
-29.7%
Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y
-10.9%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y
-30.4%
EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y
-11.4%
Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y
-205.4%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
-843.0%
Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
10.4%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
9.0%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
11.3%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
4.5%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
1.6%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
4.77x
Current assets / current liabilities.
Quick ratio
3.32x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
3.08x
(Cash + short-term investments) / current liabilities.
Debt / equity
0.10x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
8.3%
Total debt / total assets.
Liabilities / assets
20.2%
Total liabilities / total assets.
Net debt
-$67.5M
Total debt - cash - short-term investments. Negative means more cash than debt.
Days inventory + days sales outstanding - days payables.
FCF conversion
-223.6%
Free cash flow / net income, when net income is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
$0.16
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
$0.16
Net income per basic share, as reported (split-adjusted).
Revenue per share
$2.69
Revenue / diluted weighted shares.
FCF per share
-$0.35
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.26
Cash from operations / diluted weighted shares.
Book value per share
$3.41
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
6.57x
Market cap / net income. Only when net income is positive.
P/S
0.38x
Market cap / revenue.
P/B
0.30x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
0.30x
Market cap / tangible book value, when positive.
FCF yield
-34.0%
Free cash flow / market cap.
Earnings yield
15.2%
Net income / market cap (the inverse of P/E).
What was Wing Yip Food Holdings Group Ltd's revenue in fiscal 2025?
Wing Yip Food Holdings Group Ltd reported revenue of $135.2M for fiscal 2025, 6.5% lower than the year before.
Was Wing Yip Food Holdings Group Ltd profitable in fiscal 2025?
Yes. Net income was $7.9M, a net margin of 5.9%.
How much free cash flow did Wing Yip Food Holdings Group Ltd generate in fiscal 2025?
Cash from operations of $13.2M minus capital expenditures of $4.5M left free cash flow of -$17.7M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.