002991 Stock Overview

Engages in the research and development, production, and sale of snack foods in China. More details

002991 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	5/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 52% below our estimate of its fair value

Earnings are forecast to grow 14.1% per year

Earnings grew by 38.6% over the past year

Trading at good value compared to peers and industry

Risk Analysis

High level of non-cash earnings

Dividend of 2.46% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Ganyuan Foods Co., Ltd. Competitors

Shanghai Bolex Food Technology

SHSE:603170

CN¥6.6b

Yantai China Pet Foods

SZSE:002891

CN¥9.5b

HUANLEJIA Food GroupLtd

SZSE:300997

CN¥6.8b

Shandong Yisheng Livestock & Poultry Breeding

SZSE:002458

CN¥10.8b

Price History & Performance

Summary of share price highs, lows and changes for Ganyuan Foods
Historical stock prices
Current Share Price	CN¥88.85
52 Week High	CN¥93.00
52 Week Low	CN¥47.54
Beta	0.77
1 Month Change	21.55%
3 Month Change	49.38%
1 Year Change	28.84%
3 Year Change	20.93%
5 Year Change	n/a
Change since IPO	30.28%

Recent updates

Shareholder Returns

	002991	CN Food	CN Market
7D	5.4%	-1.6%	-1.0%
1Y	28.8%	1.3%	10.8%

Return vs Industry: 002991 exceeded the CN Food industry which returned 4.2% over the past year.

Return vs Market: 002991 exceeded the CN Market which returned 12.3% over the past year.

Price Volatility

Is 002991's price volatile compared to industry and market?
002991 volatility
002991 Average Weekly Movement	7.2%
Food Industry Average Movement	7.5%
Market Average Movement	8.8%
10% most volatile stocks in CN Market	13.0%
10% least volatile stocks in CN Market	5.8%

Stable Share Price: 002991 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002991's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2006	2,457	Bin Sheng Yan	www.ganyuanfood.com

Ganyuan Foods Co., Ltd. engages in the research and development, production, and sale of snack foods in China. The company offers roasted seeds and nuts, puffed baked goods, and cereal crisps. Its products also include broad beans, melon seeds, green peas, flavored nuts, mixed nuts, mixed beans, shrimp chips and beans, peanuts, potato chips, orchid beans, fried rice, crispy rice crackers, senbei, snow cakes, oatmeal, fruits dry, rice crisp, and other products.

Ganyuan Foods Co., Ltd. Fundamentals Summary

How do Ganyuan Foods's earnings and revenue compare to its market cap?
002991 fundamental statistics
Market cap	CN¥8.14b
Earnings (TTM)	CN¥392.18m
Revenue (TTM)	CN¥2.14b

20.8x

P/E Ratio

3.8x

P/S Ratio

Is 002991 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002991 income statement (TTM)
Revenue	CN¥2.14b
Cost of Revenue	CN¥1.38b
Gross Profit	CN¥758.89m
Other Expenses	CN¥366.71m
Earnings	CN¥392.18m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	4.28
Gross Margin	35.47%
Net Profit Margin	18.33%
Debt/Equity Ratio	2.5%

How did 002991 perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

76%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 15:58
End of Day Share Price	2024/12/25 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Ganyuan Foods Co., Ltd. is covered by 10 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Wendan Wang	China International Capital Corporation Limited
Jiaqi Yu	China Merchants Securities Co. Ltd.
Yuan Xue	Citic Securities Co., Ltd.