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HaiXin FoodsLtd SZSE:002702 Stock Report

Last Price

CN¥4.58

Market Cap

CN¥2.5b

7D

-6.3%

1Y

-27.0%

Updated

28 Dec, 2024

Data

Company Financials

002702 Stock Overview

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. More details

002702 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

HaiXin Foods Co.,Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for HaiXin FoodsLtd
Historical stock prices
Current Share PriceCN¥4.58
52 Week HighCN¥7.13
52 Week LowCN¥2.84
Beta0.60
1 Month Change1.55%
3 Month Change30.11%
1 Year Change-26.95%
3 Year Change-24.17%
5 Year Change5.05%
Change since IPO16.73%

Recent News & Updates

Revenues Not Telling The Story For HaiXin Foods Co.,Ltd (SZSE:002702) After Shares Rise 33%

Dec 11
Revenues Not Telling The Story For HaiXin Foods Co.,Ltd (SZSE:002702) After Shares Rise 33%

Pinning Down HaiXin Foods Co.,Ltd's (SZSE:002702) P/S Is Difficult Right Now

Oct 15
Pinning Down HaiXin Foods Co.,Ltd's (SZSE:002702) P/S Is Difficult Right Now

Recent updates

Revenues Not Telling The Story For HaiXin Foods Co.,Ltd (SZSE:002702) After Shares Rise 33%

Dec 11
Revenues Not Telling The Story For HaiXin Foods Co.,Ltd (SZSE:002702) After Shares Rise 33%

Pinning Down HaiXin Foods Co.,Ltd's (SZSE:002702) P/S Is Difficult Right Now

Oct 15
Pinning Down HaiXin Foods Co.,Ltd's (SZSE:002702) P/S Is Difficult Right Now

HaiXin FoodsLtd's (SZSE:002702) Shareholders Will Receive A Smaller Dividend Than Last Year

Jun 01
HaiXin FoodsLtd's (SZSE:002702) Shareholders Will Receive A Smaller Dividend Than Last Year

Subdued Growth No Barrier To HaiXin Foods Co.,Ltd (SZSE:002702) With Shares Advancing 33%

Apr 08
Subdued Growth No Barrier To HaiXin Foods Co.,Ltd (SZSE:002702) With Shares Advancing 33%

Returns On Capital Signal Tricky Times Ahead For HaiXin FoodsLtd (SZSE:002702)

Apr 04
Returns On Capital Signal Tricky Times Ahead For HaiXin FoodsLtd (SZSE:002702)

Shareholder Returns

002702CN FoodCN Market
7D-6.3%-0.5%-0.6%
1Y-27.0%0.3%8.3%

Return vs Industry: 002702 underperformed the CN Food industry which returned 0.3% over the past year.

Return vs Market: 002702 underperformed the CN Market which returned 8.3% over the past year.

Price Volatility

Is 002702's price volatile compared to industry and market?
002702 volatility
002702 Average Weekly Movement10.3%
Food Industry Average Movement7.3%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.9%
10% least volatile stocks in CN Market5.6%

Stable Share Price: 002702 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002702's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19962,091Yongyan Tengwww.haixinfoods.com

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 products mainly include hot pot balls, such as fish balls, meatballs, lucky bags, fish tofu, etc.; quick-frozen rice noodles, including egg yolk siu mai, quicksand buns, square buns, brown sugar steamed buns, etc.; quick-frozen dishes consisting grilled cheese rolls, crispy tripe, bacon, pangasius fillets, etc.; and room temperature leisure products, including crab fillet, fish tofu, instant oden, etc. It also offers dumpling and swallow products; various roll products, including fish meat roll and dragon and phoenix roll; and fried products, such as abalone cake, golden fish plate, dried scallop cake, crab paste, and fish roe Yuhuang. In addition, the company provides normal temperature leisure products, such as shredded crab fillet and fish tofu; meatball products that consisting of tribute balls and beef balls, and sausage products, such as crab king intestines, and sweet-scented osmanthus sausages.

HaiXin Foods Co.,Ltd Fundamentals Summary

How do HaiXin FoodsLtd's earnings and revenue compare to its market cap?
002702 fundamental statistics
Market capCN¥2.51b
Earnings (TTM)-CN¥25.30m
Revenue (TTM)CN¥1.72b

1.5x

P/S Ratio

-99.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002702 income statement (TTM)
RevenueCN¥1.72b
Cost of RevenueCN¥1.41b
Gross ProfitCN¥315.57m
Other ExpensesCN¥340.87m
Earnings-CN¥25.30m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.046
Gross Margin18.31%
Net Profit Margin-1.47%
Debt/Equity Ratio33.8%

How did 002702 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

-87%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 12:37
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

HaiXin Foods Co.,Ltd is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Qiwei WangChangjiang Securities Co. LTD.
Rui XiePing An Securities Co. Ltd.