XSHE002702
Market cap298mUSD
Dec 27, Last price
4.58CNY
1D
1.33%
1Q
30.11%
Jan 2017
-59.11%
IPO
26.29%
Name
HaiXin Foods Co Ltd
Chart & Performance
Profile
HaiXin Foods Co.,Ltd engages in the production and sale of quick-frozen fish and meat products, rice and noodle products, room temperature snack food products, and quick-frozen dishes. The company's quick-frozen products include fish and meat balls, siu mai with egg yolk, quicksand buns, crispy belly, bezoar throat, etc.; and room temperature snack foods comprise crab sticks, fish tofu, instant oden, and other products. It also offers aquatic products; process and sells convenience foods; and imports and exports goods and technology, as well as provides aquatic frozen food storage and packaged food sale services. In addition, the company engages in the food management business; research and development, production, and sale of marine biological products; refined research and development, processing, and sale of marine mineral resources, as well as marine biological resources; and wholesale and retail of pre-packaged and bulk food. It sells its products under the Haixin, Yuji, and Baiyaoxuan brands through self-operated stores on third-party platforms, as well as online direct sales. The company was formerly known as Fujian Tengxin Foods Co., Ltd. and changed its name to HaiXin Foods Co.,Ltd in July 2013. HaiXin Foods Co.,Ltd is headquartered in Fuzhou, China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 1,715,824 5.82% | 1,621,397 4.59% | 1,550,298 -3.45% | |||||||
Cost of revenue | 1,518,523 | 1,471,239 | 1,506,708 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 197,301 | 150,158 | 43,590 | |||||||
NOPBT Margin | 11.50% | 9.26% | 2.81% | |||||||
Operating Taxes | 12,706 | 21,317 | 5,660 | |||||||
Tax Rate | 6.44% | 14.20% | 12.99% | |||||||
NOPAT | 184,595 | 128,841 | 37,930 | |||||||
Net income | 2,270 -96.41% | 63,216 | ||||||||
Dividends | (58,956) | (24,038) | ||||||||
Dividend yield | 1.86% | 0.83% | ||||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 138,584 | 104,156 | 137,701 | |||||||
Long-term debt | 266,003 | 242,863 | 121,992 | |||||||
Deferred revenue | 17,042 | 18,090 | 18,183 | |||||||
Other long-term liabilities | 1 | (9,844) | ||||||||
Net debt | 112,618 | 156,188 | 110,528 | |||||||
Cash flow | ||||||||||
Cash from operating activities | (23,416) | 172,180 | ||||||||
CAPEX | (185,380) | |||||||||
Cash from investing activities | (267,914) | |||||||||
Cash from financing activities | 392,363 | 82,847 | 118,491 | |||||||
FCF | (130,127) | 35,809 | (238,790) | |||||||
Balance | ||||||||||
Cash | 277,194 | 179,074 | 116,383 | |||||||
Long term investments | 14,776 | 11,757 | 32,782 | |||||||
Excess cash | 206,178 | 109,761 | 71,651 | |||||||
Stockholders' equity | 761,657 | 791,349 | 730,546 | |||||||
Invested Capital | 1,377,324 | 1,060,376 | 952,469 | |||||||
ROIC | 15.15% | 12.80% | 4.57% | |||||||
ROCE | 12.42% | 12.74% | 4.22% | |||||||
EV | ||||||||||
Common stock shares outstanding | 504,474 | 480,760 | 480,760 | |||||||
Price | 6.27 -9.00% | 6.89 14.07% | 6.04 -30.01% | |||||||
Market cap | 3,163,052 -4.51% | 3,312,436 14.07% | 2,903,790 -30.01% | |||||||
EV | 3,308,287 | 3,488,299 | 3,032,876 | |||||||
EBITDA | 250,637 | 198,862 | 85,776 | |||||||
EV/EBITDA | 13.20 | 17.54 | 35.36 | |||||||
Interest | 9,266 | 5,720 | 3,063 | |||||||
Interest/NOPBT | 4.70% | 3.81% | 7.03% |