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China Foods Future Growth

Future criteria checks 2/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for China Foods.

Key information

5.9%

Earnings growth rate

5.8%

EPS growth rate

Beverage earnings growth	11.1%
Revenue growth rate	8.8%
Future return on equity	n/a
Analyst coverage	Low
Last updated	01 Sep 2023

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SZSC:506 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	27,106	894	N/A	N/A	2
12/31/2024	24,257	826	N/A	N/A	4
12/31/2023	22,634	758	N/A	N/A	4
6/30/2023	21,530	779	N/A	N/A	N/A
3/31/2023	21,249	719	N/A	N/A	N/A
12/31/2022	20,968	660	252	1,141	N/A
9/30/2022	20,714	655	503	1,390	N/A
6/30/2022	20,459	649	754	1,640	N/A
3/31/2022	20,122	611	550	1,357	N/A
12/31/2021	19,784	572	347	1,074	N/A
9/30/2021	19,426	573	1,004	1,669	N/A
6/30/2021	19,067	573	1,662	2,264	N/A
3/31/2021	18,158	536	1,655	2,239	N/A
12/31/2020	17,249	499	1,649	2,214	N/A
9/30/2020	17,136	478	1,450	2,049	N/A
6/30/2020	17,022	458	1,252	1,884	N/A
3/31/2020	17,097	438	1,224	1,893	N/A
12/31/2019	17,172	418	1,196	1,901	N/A
9/30/2019	16,837	388	1,019	1,741	N/A
6/30/2019	16,501	359	843	1,580	N/A
3/31/2019	16,075	340	715	1,428	N/A
12/31/2018	15,648	321	588	1,275	N/A
9/30/2018	15,517	336	377	1,052	N/A
6/30/2018	15,387	352	166	829	N/A
3/31/2018	14,372	769	-32	638	N/A
12/31/2017	13,358	1,185	-229	447	N/A
9/30/2017	8,608	985	-662	40	N/A
6/30/2017	3,803	779	-1,111	-374	N/A
3/31/2017	6,874	523	N/A	100	N/A
12/31/2016	10,110	275	N/A	587	N/A
9/30/2016	16,698	410	N/A	627	N/A
6/30/2016	23,606	554	N/A	688	N/A
3/31/2016	23,046	333	N/A	643	N/A
12/31/2015	23,324	128	N/A	622	N/A
6/30/2015	21,878	192	N/A	1,105	N/A
3/31/2015	21,427	72	N/A	648	N/A
12/31/2014	20,986	-49	N/A	191	N/A
9/30/2014	20,872	-374	N/A	258	N/A
6/30/2014	20,913	-578	N/A	333	N/A
3/31/2014	20,951	-645	N/A	205	N/A
12/31/2013	20,471	-695	N/A	76	N/A
9/30/2013	21,880	-508	N/A	406	N/A
6/30/2013	23,140	-314	N/A	738	N/A
3/31/2013	24,061	-6	N/A	522	N/A
12/31/2012	24,833	307	N/A	299	N/A
9/30/2012	24,725	481	N/A	-447	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 506's forecast earnings growth (5.9% per year) is above the savings rate (1.9%).

Earnings vs Market: 506's earnings (5.9% per year) are forecast to grow slower than the Hong Kong market (15.2% per year).

High Growth Earnings: 506's earnings are forecast to grow, but not significantly.

Revenue vs Market: 506's revenue (8.8% per year) is forecast to grow faster than the Hong Kong market (8.7% per year).

High Growth Revenue: 506's revenue (8.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 506's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/09/06 06:50
End of Day Share Price	2023/09/05 00:00
Earnings	2023/06/30
Annual Earnings	2022/12/31

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

China Foods Limited is covered by 27 analysts. 5 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
Jenny Chan	BOCI Research Ltd.
Wendan Wang	China International Capital Corporation Limited
Feiyang Yuan	China International Capital Corporation Limited

This company listing is no longer active

China Foods Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Recent updates

First half 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.17 in 1H 2022)

Now 20% undervalued

China Foods Limited to Report First Half, 2023 Results on Aug 28, 2023

China Foods Limited Approves to Declare Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of HK$0.13 per share at 4.9% yield

Now 20% undervalued after recent price drop

Full year 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.20 in FY 2021)

Less than half of directors are independent

China Foods Limited Announces Change of Members of the Remuneration Committee

Less than half of directors are independent

China Foods Limited Announces Change of Board and Committee Changes

China Foods Limited Announces Resignation of Mr. Shen Peng as Executive Director, Member and the Chairman of the Environmental, Social and Governance Committee and A Member of the Executive Committee

First half 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.14 in 1H 2021)

China Foods Limited to Report First Half, 2022 Results on Aug 23, 2022

China Foods Limited Declares Final Dividend

Upcoming dividend of HK$0.13 per share

China Foods Limited Announces Change of Independent Non-Executive Director and Change in Composition of Board Committees

Full year 2021 earnings released: EPS: CN¥0.20 (vs CN¥0.18 in FY 2020)

Less than half of directors are independent

Full year 2021 earnings released: EPS: CN¥0.20 (vs CN¥0.18 in FY 2020)

China Foods Limited Proposes Ordinary Final Dividend for the Year Ended 31 December 2021, Payable on 08 July 2022

Non-Executive Director Jianping Xiao has left the company

First half 2021 earnings released: EPS CN¥0.14 (vs CN¥0.12 in 1H 2020)

China Foods Limited Approves Dividend for the Year Ended December 31, 2020

Upcoming dividend of HK$0.11 per share

Full year 2020 earnings released: EPS CN¥0.18 (vs CN¥0.15 in FY 2019)

Full year 2020 earnings released: EPS CN¥0.18 (vs CN¥0.15 in FY 2019)

China Foods Limited to Report Fiscal Year 2020 Results on Mar 23, 2021

New 90-day high: HK$2.84

New 90-day low: HK$2.50

New 90-day high: HK$2.83

China Foods Limited Announces Change of Non-Executive Director

New 90-day low: HK$2.65

First half earnings released

New 90-day low - HK$2.71

Earnings released

China Foods Limited to Report First Half, 2020 Results on Aug 25, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources