company background image
2557

Chacha Food Company SZSE:002557 Stock Report

Last Price

CN¥46.07

Market Cap

CN¥23.3b

7D

-5.4%

1Y

-0.9%

Updated

04 Oct, 2022

Data

Company Financials +

Chacha Food Company Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Chacha Food Company
Historical stock prices
Current Share PriceCN¥46.07
52 Week HighCN¥66.53
52 Week LowCN¥42.60
Beta0.20
1 Month Change0.15%
3 Month Change-12.58%
1 Year Change-0.88%
3 Year Change76.99%
5 Year Change210.03%
Change since IPO205.57%

Recent News & Updates

Shareholder Returns

2557CN FoodCN Market
7D-5.4%1.9%-1.5%
1Y-0.9%-12.1%-19.2%

Return vs Industry: 002557 exceeded the CN Food industry which returned -12.1% over the past year.

Return vs Market: 002557 exceeded the CN Market which returned -19.2% over the past year.

Price Volatility

Is 2557's price volatile compared to industry and market?
2557 volatility
2557 Average Weekly Movement5.1%
Food Industry Average Movement5.1%
Market Average Movement5.8%
10% most volatile stocks in CN Market9.2%
10% least volatile stocks in CN Market3.8%

Stable Share Price: 002557 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 002557's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20014,859Xianbao Chenhttps://www.qiaqiafood.com

Chacha Food Company, Limited produces and sells nuts, seeds, and snacks in China. It offers caramel, pecan, vine pepper, sea salt melon, sunflower, melon, pumpkin, cantaloupe, and watermelon seeds; pecans, pistachio, almonds, walnuts, crispy cashews, and other nut products; potato crisp, peanuts, and other snack foods; melon seed face masks; gift boxes; and other products. The company was founded in 2001 and is based in Hefei, China.

Chacha Food Company Fundamentals Summary

How do Chacha Food Company's earnings and revenue compare to its market cap?
2557 fundamental statistics
Market CapCN¥23.27b
Earnings (TTM)CN¥952.40m
Revenue (TTM)CN¥6.28b

24.4x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2557 income statement (TTM)
RevenueCN¥6.28b
Cost of RevenueCN¥4.31b
Gross ProfitCN¥1.97b
Other ExpensesCN¥1.02b
EarningsCN¥952.40m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.89
Gross Margin31.36%
Net Profit Margin15.16%
Debt/Equity Ratio37.2%

How did 2557 perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

46%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 2557 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2557?

Other financial metrics that can be useful for relative valuation.

2557 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.4x
Enterprise Value/EBITDA19.5x
PEG Ratio1.3x

Price to Earnings Ratio vs Peers

How does 2557's PE Ratio compare to its peers?

2557 PE Ratio vs Peers
The above table shows the PE ratio for 2557 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average45.8x
002507 Chongqing Fuling Zhacai Group
27.4x15.6%CN¥24.1b
603317 Sichuan Teway Food GroupLtd
72x28.0%CN¥19.8b
600872 Jonjee Hi-tech Industrial & Commercial Holding
31.2x15.7%CN¥24.2b
603517 Juewei Food
52.8x42.1%CN¥30.5b
002557 Chacha Food Company
24.4x18.3%CN¥23.3b

Price-To-Earnings vs Peers: 002557 is good value based on its Price-To-Earnings Ratio (24.4x) compared to the peer average (45.8x).


Price to Earnings Ratio vs Industry

How does 2557's PE Ratio compare vs other companies in the CN Food Industry?

Price-To-Earnings vs Industry: 002557 is good value based on its Price-To-Earnings Ratio (24.4x) compared to the CN Food industry average (38x)


Price to Earnings Ratio vs Fair Ratio

What is 2557's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2557 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.4x
Fair PE Ratio32x

Price-To-Earnings vs Fair Ratio: 002557 is good value based on its Price-To-Earnings Ratio (24.4x) compared to the estimated Fair Price-To-Earnings Ratio (32x).


Share Price vs Fair Value

What is the Fair Price of 2557 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002557 (CN¥46.07) is trading below our estimate of fair value (CN¥102.39)

Significantly Below Fair Value: 002557 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies

Future Growth

How is Chacha Food Company forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002557's forecast earnings growth (18.3% per year) is above the savings rate (3.2%).

Earnings vs Market: 002557's earnings (18.3% per year) are forecast to grow slower than the CN market (25.8% per year).

High Growth Earnings: 002557's earnings are forecast to grow, but not significantly.

Revenue vs Market: 002557's revenue (14.7% per year) is forecast to grow slower than the CN market (18% per year).

High Growth Revenue: 002557's revenue (14.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 002557's Return on Equity is forecast to be high in 3 years time (20.4%)


Discover growth companies

Past Performance

How has Chacha Food Company performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


24.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 002557 has a large one-off gain of CN¥196.8M impacting its June 30 2022 financial results.

Growing Profit Margin: 002557's current net profit margins (15.2%) are lower than last year (15.6%).


Past Earnings Growth Analysis

Earnings Trend: 002557's earnings have grown significantly by 24.4% per year over the past 5 years.

Accelerating Growth: 002557's earnings growth over the past year (13.8%) is below its 5-year average (24.4% per year).

Earnings vs Industry: 002557 earnings growth over the past year (13.8%) exceeded the Food industry -5.9%.


Return on Equity

High ROE: 002557's Return on Equity (20.4%) is considered high.


Discover strong past performing companies

Financial Health

How is Chacha Food Company's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 002557's short term assets (CN¥5.2B) exceed its short term liabilities (CN¥1.3B).

Long Term Liabilities: 002557's short term assets (CN¥5.2B) exceed its long term liabilities (CN¥1.4B).


Debt to Equity History and Analysis

Debt Level: 002557 has more cash than its total debt.

Reducing Debt: 002557's debt to equity ratio has increased from 16.8% to 37.2% over the past 5 years.

Debt Coverage: 002557's debt is well covered by operating cash flow (59.2%).

Interest Coverage: 002557 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Dividend

What is Chacha Food Company current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.85%

Current Dividend Yield

Dividend Yield vs Market

Chacha Food Company Dividend Yield vs Market
How does Chacha Food Company dividend yield compare to the market?
SegmentDividend Yield
Company (Chacha Food Company)1.8%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.2%
Industry Average (Food)1.4%
Analyst forecast in 3 Years (Chacha Food Company)2.4%

Notable Dividend: 002557's dividend (1.85%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 002557's dividend (1.85%) is low compared to the top 25% of dividend payers in the CN market (2.16%).


Stability and Growth of Payments

Stable Dividend: 002557's dividend payments have been volatile in the past 10 years.

Growing Dividend: 002557's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (45.9%), 002557's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (50.9%), 002557's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

8.7yrs

Average board tenure


CEO

Xianbao Chen (63 yo)

14.33yrs

Tenure

CN¥1,596,600

Compensation

Mr. Xianbao Chen serves as General Manager of Hefei Huatai Group Co., Ltd. and Chacha Food Company, Limited. Mr. Chen has been the Chairman of Chacha Food Company, Limited since July 06, 2011 and serves as...


Board Members

Experienced Board: 002557's board of directors are considered experienced (8.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of 2557?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders5,0000.001%
Employee Share Scheme898,9090.2%
State or Government2,033,0760.4%
General Public131,441,80526.0%
Institutions142,676,79728.3%
Private Companies227,987,50145.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 66.29% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
42.34%
Hefei Huatai Group Co., Ltd.
213,833,043CN¥9.9b0.42%no data
3.21%
J.P. Morgan Asset Management, Inc.
16,219,006CN¥747.2m0.9%0.02%
2.83%
Schroder Investment Management (Hong Kong) Limited
14,280,676CN¥657.9m0%0.54%
2.8%
Wanhe Investment Co., Ltd.
14,154,458CN¥652.1m-8.58%no data
2.33%
Vontobel Asset Management, Inc.
11,770,478CN¥542.3m-2.25%0.28%
1.52%
UBS Asset Management
7,698,594CN¥354.7m97.74%0.01%
1.16%
National Council for Social Security Fund
5,848,141CN¥269.4m0%0.05%
1.13%
China Universal Asset Management Company Ltd.
5,700,003CN¥262.6m191.68%0.13%
0.94%
Caitong Fund Management Co., Ltd.
4,745,829CN¥218.6m0%1.33%
0.8%
Penghua Fund Management Co. Ltd.
4,038,137CN¥186.0m0%0.18%
0.72%
BNP Paribas, Private & Investment Banking Investments
3,632,676CN¥167.4m51.41%0.17%
0.67%
Fullgoal Fund Management Co., Ltd.
3,375,024CN¥155.5m0%0.07%
0.65%
Fullgoal Asset Management (HK) Limited
3,260,892CN¥150.2m82.96%7.7%
0.59%
GF Fund Management Co., Ltd.
3,000,000CN¥138.2m0%0.06%
0.54%
New China Life Insurance Co., Ltd., Asset Management Arm
2,721,433CN¥125.4m0%0.75%
0.53%
Harvest Fund Management Co., Ltd.
2,700,781CN¥124.4m87.48%0.06%
0.51%
ABC-CA Fund Management Co., Ltd.
2,572,400CN¥118.5m-65.2%0.31%
0.46%
Bank of Communications Schroder Fund Management Co., Ltd.
2,340,360CN¥107.8m0%0.11%
0.4%
Bank of Korea
2,033,076CN¥93.7m0%no data
0.4%
William Blair Investment Management, LLC
2,028,611CN¥93.5m-34.26%0.02%
0.4%
Huaneng Guicheng Trust Corp.,Ltd.
2,000,000CN¥92.1m0%3.16%
0.35%
China Southern Asset Management Co., Ltd.
1,781,104CN¥82.1m0%0.04%
0.35%
First State Cinda Fund Management Co. Ltd.
1,777,974CN¥81.9m0%0.2%
0.33%
Everbright Pramerica Fund Management Co., Ltd.
1,652,142CN¥76.1m0%0.62%
0.32%
Hua An Fund Management Co., Ltd.
1,607,900CN¥74.1m0%0.06%

Company Information

Chacha Food Company, Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Chacha Food Company, Limited
  • Ticker: 2557
  • Exchange: SZSE
  • Founded: 2001
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: CN¥23.267b
  • Shares outstanding: 505.04m
  • Website: https://www.qiaqiafood.com

Number of Employees


Location

  • Chacha Food Company, Limited
  • No.1307, Lianhua Road
  • Eco & Technological Dev Zone
  • Hefei
  • Anhui Province
  • 230601
  • China


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2557SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYMar 2011
2557XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYMar 2011

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/04 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.