Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. Non-Independent Chairman of the Board Feng Sun was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Jun 30
Zhongjing Food Co., Ltd. to Report First Half, 2026 Results on Aug 18, 2026 Zhongjing Food Co., Ltd. announced that they will report first half, 2026 results on Aug 18, 2026 Declared Dividend • May 11
Dividend of CN¥1.00 announced Shareholders will receive a dividend of CN¥1.00. Ex-date: 15th May 2026 Payment date: 15th May 2026 Dividend yield will be 3.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but not covered by cash flows (112% cash payout ratio). The dividend has increased by an average of 24% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 3.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 31
Zhongjing Food Co., Ltd. to Report Q1, 2026 Results on Apr 21, 2026 Zhongjing Food Co., Ltd. announced that they will report Q1, 2026 results on Apr 21, 2026 Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: CN¥1.31 (vs CN¥1.20 in FY 2024) Full year 2025 results: EPS: CN¥1.31 (up from CN¥1.20 in FY 2024). Revenue: CN¥1.08b (down 1.4% from FY 2024). Net income: CN¥191.8m (up 9.3% from FY 2024). Profit margin: 18% (up from 16% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Mar 31
Zhongjing Food Co., Ltd., Annual General Meeting, Apr 20, 2026 Zhongjing Food Co., Ltd., Annual General Meeting, Apr 20, 2026, at 10:00 China Standard Time. Location: The Company's Meeting Room, Xixia County, Henan China Announcement • Dec 31
Zhongjing Food Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Zhongjing Food Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 23
Third quarter 2025 earnings released: EPS: CN¥0.36 (vs CN¥0.33 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.36 (up from CN¥0.33 in 3Q 2024). Revenue: CN¥301.1m (flat on 3Q 2024). Net income: CN¥53.3m (up 9.1% from 3Q 2024). Profit margin: 18% (up from 16% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year. Announcement • Sep 30
Zhongjing Food Co., Ltd. to Report Q3, 2025 Results on Oct 23, 2025 Zhongjing Food Co., Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025 Reported Earnings • Aug 20
Second quarter 2025 earnings released: EPS: CN¥0.36 (vs CN¥0.34 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.36 (up from CN¥0.34 in 2Q 2024). Revenue: CN¥247.5m (down 6.2% from 2Q 2024). Net income: CN¥52.1m (up 5.6% from 2Q 2024). Profit margin: 21% (up from 19% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Zhongjing Food Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025 Zhongjing Food Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025 Declared Dividend • May 12
Dividend of CN¥0.80 announced Shareholders will receive a dividend of CN¥0.80. Ex-date: 16th May 2025 Payment date: 16th May 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (85% earnings payout ratio) but not covered by cash flows (233% cash payout ratio). The dividend has increased by an average of 31% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 19% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 18
Zhongjing Food Co., Ltd. Approves Cash Dividend for 2024 Zhongjing Food Co., Ltd. at its Annual General Meeting held on 16 April 2025 approved cash dividend of CNY 8.00000000 per 10 shares (tax included) for 2024. Announcement • Mar 31
Zhongjing Food Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025 Zhongjing Food Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 Announcement • Mar 28
Zhongjing Food Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Zhongjing Food Co., Ltd. announced on 27 March 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 8.00000000. Reported Earnings • Mar 27
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥1.20 (up from CN¥1.18 in FY 2023). Revenue: CN¥1.10b (up 10% from FY 2023). Net income: CN¥175.4m (up 1.8% from FY 2023). Profit margin: 16% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Mar 27
Zhongjing Food Co., Ltd., Annual General Meeting, Apr 16, 2025 Zhongjing Food Co., Ltd., Annual General Meeting, Apr 16, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xixia County, Henan China Announcement • Dec 31
Zhongjing Food Co., Ltd. to Report Fiscal Year 2024 Results on Mar 27, 2025 Zhongjing Food Co., Ltd. announced that they will report fiscal year 2024 results on Mar 27, 2025 Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥34.65, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Food industry in China. Total returns to shareholders of 6.5% over the past three years. Announcement • Nov 06
Zhongjing Food Co., Ltd. Approves Profit Distribution Plan for 3Rd Quarter of 2024 Zhongjing Food Co., Ltd. held its 2nd Extraordinary General Meeting of 2024 on 04 November 2024, during were approved 2024 3rd quarter profit distribution plan. The detailed profit distribution plan as; Cash dividend/10 shares (tax included): CNY 2.00000000. Announcement • Oct 19
Zhongjing Food Co., Ltd. Announces Dividend for the Third Quarter of 2024 Zhongjing Food Co., Ltd. announced on 18 October 2024 the profit distribution proposal for the third quarter of 2024 as follows: Cash dividend/10 shares (tax included): CNY 2.00000000. Reported Earnings • Oct 18
Third quarter 2024 earnings released: EPS: CN¥0.33 (vs CN¥0.34 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.33 (down from CN¥0.34 in 3Q 2023). Revenue: CN¥300.8m (up 9.6% from 3Q 2023). Net income: CN¥48.9m (down 3.0% from 3Q 2023). Profit margin: 16% (down from 18% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥27.30, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Food industry in China. Total loss to shareholders of 24% over the past three years. Announcement • Sep 30
Zhongjing Food Co., Ltd. to Report Q3, 2024 Results on Oct 18, 2024 Zhongjing Food Co., Ltd. announced that they will report Q3, 2024 results on Oct 18, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥26.85, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Food industry in China. Total loss to shareholders of 25% over the past three years. Buy Or Sell Opportunity • Sep 26
Now 27% overvalued Over the last 90 days, the stock has fallen 8.6% to CN¥25.40. The fair value is estimated to be CN¥19.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 37% in the next 2 years. Buy Or Sell Opportunity • Aug 30
Now 21% overvalued Over the last 90 days, the stock has fallen 23% to CN¥24.05. The fair value is estimated to be CN¥19.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 37% in the next 2 years. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: CN¥0.34 (vs CN¥0.35 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.34 (down from CN¥0.35 in 2Q 2023). Revenue: CN¥263.9m (up 12% from 2Q 2023). Net income: CN¥49.4m (down 2.2% from 2Q 2023). Profit margin: 19% (down from 21% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Zhongjing Food Co., Ltd. to Report First Half, 2024 Results on Aug 02, 2024 Zhongjing Food Co., Ltd. announced that they will report first half, 2024 results on Aug 02, 2024 Announcement • May 08
Zhongjing Food Co., Ltd. Implements Final Dividend for the Year 2023, Payable on 14 May 2024 Zhongjing Food Co., Ltd. implemented final cash dividend of CNY 10.00000000 per 10 A shares (tax included) for the year 2023. Record date: 13 May 2024. Ex-date: 14 May 2024. Payment date: 14 May 2024. Reported Earnings • Apr 09
Full year 2023 earnings released: EPS: CN¥1.72 (vs CN¥1.26 in FY 2022) Full year 2023 results: EPS: CN¥1.72 (up from CN¥1.26 in FY 2022). Revenue: CN¥994.2m (up 13% from FY 2022). Net income: CN¥172.3m (up 37% from FY 2022). Profit margin: 17% (up from 14% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Zhongjing Food Co., Ltd. to Report Q1, 2024 Results on Apr 19, 2024 Zhongjing Food Co., Ltd. announced that they will report Q1, 2024 results on Apr 19, 2024 Reported Earnings • Feb 27
Full year 2023 earnings released Full year 2023 results: Revenue: CN¥99.5k (down 100% from FY 2022). Net income: CN¥17.8k (down 100% from FY 2022). Profit margin: 18% (up from 14% in FY 2022). The increase in margin was driven by lower expenses. New Risk • Feb 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by cash flows (dividend per share is over 8x cash flows per share). Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥30.92, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 26x in the Food industry in China. Total loss to shareholders of 54% over the past three years. Buy Or Sell Opportunity • Jan 31
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to CN¥34.23. The fair value is estimated to be CN¥43.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years, while earnings per share has been flat. Announcement • Dec 29
Zhongjing Food Co., Ltd. to Report Fiscal Year 2023 Results on Apr 09, 2024 Zhongjing Food Co., Ltd. announced that they will report fiscal year 2023 results on Apr 09, 2024 Reported Earnings • Oct 18
Third quarter 2023 earnings released: EPS: CN¥0.50 (vs CN¥0.39 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.50 (up from CN¥0.39 in 3Q 2022). Revenue: CN¥274.5m (up 15% from 3Q 2022). Net income: CN¥50.4m (up 28% from 3Q 2022). Profit margin: 18% (up from 17% in 3Q 2022). The increase in margin was driven by higher revenue. Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: CN¥0.51 (vs CN¥0.46 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.51 (up from CN¥0.46 in 2Q 2022). Revenue: CN¥236.6m (up 8.6% from 2Q 2022). Net income: CN¥50.5m (up 8.9% from 2Q 2022). Profit margin: 21% (in line with 2Q 2022). Announcement • Jul 01
Zhongjing Food Co., Ltd. to Report First Half, 2023 Results on Aug 08, 2023 Zhongjing Food Co., Ltd. announced that they will report first half, 2023 results on Aug 08, 2023 Upcoming Dividend • Jun 20
Upcoming dividend of CN¥1.00 per share at 2.1% yield Eligible shareholders must have bought the stock before 27 June 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 68% but the company is paying out more than the cash it is generating. Trailing yield: 2.1%. Within top quartile of Chinese dividend payers (2.0%). Higher than average of industry peers (1.8%). Announcement • Jun 16
Zhongjing Food Co., Ltd. Implements Final Cash Dividend for the Year 2022, Payable on June 27, 2023 Zhongjing Food Co., Ltd. announced implementation of final cash dividend/10 shares (tax included) of CNY 10.00000000 for the year 2022. Record date: 26 June 2023. Ex-date: 27 June 2023. Payment date: 27 June 2023. Announcement • Jun 03
Zhongjing Food Co., Ltd. Approves Board Elections Zhongjing Food Co., Ltd. announced at extraordinary general meeting of 2023 held on 01 June 2023, the shareholders elected Sun Feng and Liu Hongyu as non-independent directors. Zhang Zhongyi and Zhang Defen elected as independent directors. Sun Chen elected as non-employee supervisors of the company. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥49.00, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 41x in the Food industry in China. Total returns to shareholders of 11% over the past year. Reported Earnings • Apr 08
Full year 2022 earnings released: EPS: CN¥1.26 (vs CN¥1.19 in FY 2021) Full year 2022 results: EPS: CN¥1.26 (up from CN¥1.19 in FY 2021). Revenue: CN¥881.7m (up 9.4% from FY 2021). Net income: CN¥126.0m (up 6.3% from FY 2021). Profit margin: 14% (in line with FY 2021). Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥42.60, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 42x in the Food industry in China. Total loss to shareholders of 7.9% over the past year. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 8 highly experienced directors. 1 independent director (6 non-independent directors). Independent Director Jian Hua Ye was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.39 (vs CN¥0.37 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.39 (up from CN¥0.37 in 3Q 2021). Revenue: CN¥237.8m (up 11% from 3Q 2021). Net income: CN¥39.2m (up 4.7% from 3Q 2021). Profit margin: 17% (in line with 3Q 2021). Reported Earnings • Aug 08
Second quarter 2022 earnings released: EPS: CN¥0.46 (vs CN¥0.29 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.46 (up from CN¥0.29 in 2Q 2021). Revenue: CN¥217.8m (up 17% from 2Q 2021). Net income: CN¥46.3m (up 62% from 2Q 2021). Profit margin: 21% (up from 15% in 2Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Aug 08
Second quarter 2022 earnings released: EPS: CN¥0.46 (vs CN¥0.29 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.46 (up from CN¥0.29 in 2Q 2021). Revenue: CN¥217.8m (up 17% from 2Q 2021). Net income: CN¥46.3m (up 62% from 2Q 2021). Profit margin: 21% (up from 15% in 2Q 2021). The increase in margin was driven by higher revenue. Announcement • Jun 23
Zhongjing Food Co., Ltd. Announces Implementation of 2021 Final Cash Dividend, Payable on 29 June 2022 Zhongjing Food Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as cash dividend (tax included) of CNY 5.00000000 per ten shares. The record date is 28 June 2022, ex-date is 29 June 2022, and payment date is 29 June 2022. Announcement • May 12
Zhongjing Food Co., Ltd. Approves 2021 Profit Distribution Plan Zhongjing Food Co., Ltd. approved 2021 profit distribution plan, detailed profit distribution plan are as follows: Cash dividend/10 shares (tax included): CNY 5.00000000. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 12
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: CN¥1.19 (down from CN¥1.66 in FY 2020). Revenue: CN¥806.2m (up 11% from FY 2020). Net income: CN¥118.6m (down 7.3% from FY 2020). Profit margin: 15% (down from 18% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.2%. Over the next year, revenue is forecast to grow 16%, compared to a 17% growth forecast for the industry in China. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.37 (vs CN¥0.40 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥214.2m (up 14% from 3Q 2020). Net income: CN¥37.4m (up 18% from 3Q 2020). Profit margin: 18% (in line with 3Q 2020). Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥53.75, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 24x in the Food industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.91 per share. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥63.98, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 25x in the Food industry in China. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥50.50, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 24x in the Food industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.91 per share. Reported Earnings • Apr 07
Full year 2020 earnings released: EPS CN¥1.66 (vs CN¥1.22 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥726.7m (up 16% from FY 2019). Net income: CN¥128.0m (up 40% from FY 2019). Profit margin: 18% (up from 15% in FY 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Feb 25
New 90-day low: CN¥67.70 The company is down 33% from its price of CN¥102 on 27 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is up 16% over the same period. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥82.78, the stock is trading at a trailing P/E ratio of 67.9x, up from the previous P/E ratio of 58.4x. This compares to an average P/E of 36x in the Food industry in China. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥72.20, the stock is trading at a trailing P/E ratio of 59.2x, down from the previous P/E ratio of 70.9x. This compares to an average P/E of 40x in the Food industry in China. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥88.50, the stock is trading at a trailing P/E ratio of 72.5x, down from the previous P/E ratio of 88.9x. This compares to an average P/E of 38x in the Food industry in China.