Want Want China Holdings Limited · HKEX:151
Want Want China — H1 FY2025 Earnings Presentation
12 slides from Want Want China's earnings presentation, Nov 24, 2025
Slide 1: Presentation on Interim Results for the Six Months Ended 30 September 2025
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in relia
Slide 2: Interim Results - Disclaimer
Interim Results Six months ended September 30 2025 November 24 2025 DISCLAIMER The information contained in this presentation is intended solely for your personal reference. Such information is subject to change without notice and no representation or warranty express or implied is made as to, and n
Slide 3: Financial Highlights; Unit cost trends of Key Raw Materials
Financial Highlights Unit：RMBmn 1H FY24 1H FY25 YOY Sales volume ↑ nearly double-digit New product revenue accounted mid-teen% Rice crackers/snack foods ↑ low and Revenue 10,877 11,108 2.1% high single-digit respectively Specialty snack retail channels grew rapidly, Emerging channel ↑ double-d
Slide 4: Channel Diversification: Emerging Channel, Specialty Snack Retail, Overseas Market
Channel Diversification：Emerging Channel, Specialty Snack Retail Channel, Overseas Market became the key growth drivers % of revenue 90% Specialty Snack Retail Channels Approximately Overseas 15% High Markets Single-digit 60% 20% Over 10% Emerging Channels 10% Traditional & Modern Channels* C. Appro
Slide 5: Dairy Products & Beverages Segment; Snack Foods Segment
DAIRY PRODUCTS & BEVERAGES SEGMENT • Rapid expansion of product Revenue Breakdown & Gross Margin Revenue of Hot-Kid Milk portfolio & new products: key Unit：RMBmn catalysts for revenue growth • Revenue from Emerging & Specialty Snack Retail Channels 50.3% grew rapidly 47.8% 6,009 5,941 1H FY24 1H
Slide 6: Operating Expenses; Distribution Costs
OPERATING EXPENSES Distribution Costs & As % Of Revenue Operating Expenses Breakdown 12.6% 14.0% Unit: RMBmn 26.6% 28.9% 3,202 2,894 1H FY24 1H FY25 1,550 Administrative Expenses & As % of Revenue 1,369 14.0% 14.9% 1,525 1,652 1H FY24 1H FY25 1H FY24 1H FY25 Administrative Expenses Distributio
Slide 7: Working Capital; Capex; Cash & Borrowings
WORKING CAPITAL Turnover Days (Unit: Days) Inventory Unit: RMBmn 172 Item 2025.03.31 2025.09.30 2,748 2,576 Inventory 74 80 Trade Receivables 13 14 Trade Payables (28) (29) Cash Conversion Cycle 59 65 2025.03.31 2025.09.30 6Days 11 CASH & BORROWINGS CAPEX Unit: RMBmn Unit: RMBmn 303 662 Item 202
Slide 8: Marketing Highlights 1H FY25 - Dairy Products & Beverages
Marketing Highlights 1H FY25 DAIRY PRODUCTS & BEVERAGES SEGMENT Dairy Products & Beverages Revenue ↓1.1% Dairy Products Revenue ↓Low single-digit Beverages Revenue↑Nearly 40% Impacted by the market headwind and Revenue from E-commerce, Specialty Snack Retail, intensified channel competition. and
Slide 9: Rice Crackers Segment; Snack Foods Segment
RICE CRACKERS SEGMENT Rice Crackers Revenue↑3.5% A variety of gift boxes are prepared for the festive season Growth was achieved across all domestic channels in Chinese Mainland, Emerging Channels & Specialty Snacks Retail Channels grew rapidly New products accounted for double-digit Strengt
Slide 10: New Products; Channel Diversification
NEW PRODUCTS Revenue from new products that were launched in the past 5 years accounted for a mid-teen percentage of the Group's revenue Revenue from new products launched in 1H FY25 have accounted for a low single-digit of the Group's revenue The organizational restructuring has enhanced the pr
Slide 11: Prospect
PROSPECT Continued to implement multi-pronged Enhance organizational vitality and efficiency. strategies for channel refinement, brand Improve agility in responding to market changes. differentiation, product innovation, and Maximize the benefits derived from increased marketing diversificat
Slide 12: Contact us
Contact us： investor@want-want.com
Want Want China Holdings — H1 FY2025 Earnings Presentation on 6ix