Nissin Foods Company Limited (Nissin Foods) (HKG:1475) is a food and beverage manufacturer based in Hong Kong and Mainland China. The group positions itself as a premium instant noodle manufacturer and is the largest instant noodle company in Hong Kong (with an estimated 65% market share) with a notable presence in Mainland China. Since its initial public offering in late 2017, the company’s share price has surged more than 85%, which piqued our interest in the company. In this article, we will take a closer look at Nissin Foods’s business profile, management, and financials, to assess whether the company is suitable for an investment. Business overview Nissin Foods primarily manufactures and sells instant noodles, frozen food and other food products under a diversified portfolio of well-known and highly popular product brands. These include its five flagship product brands, namely Cup Noodles (合味道)” , “Demae Iccho (出前一丁)”, “Doll Instant Noodle (公仔麵)”, “Doll Dim Sum (公仔點心)” and “Fuku (福)”....