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Qingdao Richen FoodLtd SHSE:603755 Stock Report

Last Price

CN¥23.10

Market Cap

CN¥2.3b

7D

2.8%

1Y

-33.4%

Updated

09 May, 2024

Data

Company Financials +

Qingdao Richen Food Co.,Ltd.

SHSE:603755 Stock Report

Market Cap: CN¥2.3b

603755 Stock Overview

Qingdao Richen Food Co.,Ltd. engages in the research and development, production, and sale of compound seasoning and condiments for food processing and catering companies in China.

603755 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance4/6
Financial Health5/6
Dividends2/6

Qingdao Richen Food Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Qingdao Richen FoodLtd
Historical stock prices
Current Share PriceCN¥23.10
52 Week HighCN¥35.20
52 Week LowCN¥14.17
Beta0.24
1 Month Change4.57%
3 Month Change36.44%
1 Year Change-33.43%
3 Year Change-63.22%
5 Year Changen/a
Change since IPO2.17%

Recent News & Updates

Qingdao Richen Food Co.,Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 02
Qingdao Richen Food Co.,Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Why Investors Shouldn't Be Surprised By Qingdao Richen Food Co.,Ltd.'s (SHSE:603755) P/E

Feb 28
Why Investors Shouldn't Be Surprised By Qingdao Richen Food Co.,Ltd.'s (SHSE:603755) P/E

Recent updates

Qingdao Richen Food Co.,Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 02
Qingdao Richen Food Co.,Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Why Investors Shouldn't Be Surprised By Qingdao Richen Food Co.,Ltd.'s (SHSE:603755) P/E

Feb 28
Why Investors Shouldn't Be Surprised By Qingdao Richen Food Co.,Ltd.'s (SHSE:603755) P/E

Shareholder Returns

603755CN FoodCN Market
7D2.8%3.2%2.2%
1Y-33.4%-13.7%-10.2%

Return vs Industry: 603755 underperformed the CN Food industry which returned -14.4% over the past year.

Return vs Market: 603755 underperformed the CN Market which returned -11.3% over the past year.

Price Volatility

Is 603755's price volatile compared to industry and market?
603755 volatility
603755 Average Weekly Movement6.4%
Food Industry Average Movement5.8%
Market Average Movement7.4%
10% most volatile stocks in CN Market11.0%
10% least volatile stocks in CN Market4.3%

Stable Share Price: 603755's share price has been volatile over the past 3 months.

Volatility Over Time: 603755's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001405Huajun Zhangwww.richen-qd.cn

Qingdao Richen Food Co.,Ltd. engages in the research and development, production, and sale of compound seasoning and condiments for food processing and catering companies in China. It offers liquid and powder seasonings, roast chicken seasoning, sauces, coating flour, and coating paste, as well as food additive products that include compound acidity regulator, compound moisture retaining agent, caramel color, etc., which are used in various processed food additions.

Qingdao Richen Food Co.,Ltd. Fundamentals Summary

How do Qingdao Richen FoodLtd's earnings and revenue compare to its market cap?
603755 fundamental statistics
Market capCN¥2.28b
Earnings (TTM)CN¥58.68m
Revenue (TTM)CN¥371.24m

38.8x

P/E Ratio

6.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603755 income statement (TTM)
RevenueCN¥371.24m
Cost of RevenueCN¥227.73m
Gross ProfitCN¥143.51m
Other ExpensesCN¥84.83m
EarningsCN¥58.68m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.60
Gross Margin38.66%
Net Profit Margin15.81%
Debt/Equity Ratio22.7%

How did 603755 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

42%

Payout Ratio
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