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HaiXin FoodsLtd SZSE:002702 Stock Report

Last Price

CN¥4.19

Market Cap

CN¥2.3b

7D

6.3%

1Y

-29.6%

Updated

01 May, 2024

Data

Company Financials

2702 Stock Overview

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.

2702 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends3/6

HaiXin Foods Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for HaiXin FoodsLtd
Historical stock prices
Current Share PriceCN¥4.19
52 Week HighCN¥7.60
52 Week LowCN¥3.18
Beta0.61
1 Month Change-5.63%
3 Month Change-9.70%
1 Year Change-29.58%
3 Year Change-35.34%
5 Year Change-32.20%
Change since IPO6.79%

Recent News & Updates

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)

Recent updates

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

2702CN FoodCN Market
7D6.3%1.8%4.2%
1Y-29.6%-18.7%-13.2%

Return vs Industry: 002702 underperformed the CN Food industry which returned -18.7% over the past year.

Return vs Market: 002702 underperformed the CN Market which returned -13.2% over the past year.

Price Volatility

Is 2702's price volatile compared to industry and market?
2702 volatility
2702 Average Weekly Movement9.6%
Food Industry Average Movement6.9%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 002702's share price has been volatile over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
19962,056Yongyan 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?
2702 fundamental statistics
Market capCN¥2.33b
Earnings (TTM)-CN¥1.17m
Revenue (TTM)CN¥1.77b

1.3x

P/S Ratio

-1,986x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2702 income statement (TTM)
RevenueCN¥1.77b
Cost of RevenueCN¥1.43b
Gross ProfitCN¥342.49m
Other ExpensesCN¥343.66m
Earnings-CN¥1.17m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0021
Gross Margin19.31%
Net Profit Margin-0.066%
Debt/Equity Ratio28.6%

How did 2702 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

366%

Payout Ratio
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