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Haitian Flav

Haitian Flav

3288.HK
Haitian FlavHK flagHong Kong Stock Exchange
30.16
HKD
+0.64
- -
221.37BMarket Cap
Haitian Flav
3288.HK
(Hong Kong Stock Exchange)

Recent

price

30.16

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.42
1.13
1.32
1.57
1.75
2
2.2
2.59
3.02
3.5
4.1
4.5
4.59
4.41
4.83
5.05
3.99
Revenue per Share
0.17
0.18
0.23
0.3
0.37
0.44
0.5
0.63
0.77
0.95
1.15
1.2
1.11
1.01
1.14
1.23
1.01
Basic EPS, GAAP
0.06
0.12
0.32
0.17
0.33
0.26
0.58
0.79
1.02
1.06
1.09
0.95
0.41
0.97
0.95
1.13
-0.15
Free Cash Flow per Basic Share
0.14
0.07
0.12
0.25
0.07
0.23
0.29
0.33
0.41
0.47
0.53
0.6
0.58
0.58
0.66
1.1
1.14
Dividend per Share
0.29
0.3
0.39
0.42
0.82
1.19
1.36
1.62
1.98
2.46
3.17
3.8
4.28
4.64
5.12
5.14
5.17
Book Value per Share
0.62
0.55
0.66
0.72
1.31
1.52
1.74
2.05
2.43
2.91
3.55
4.15
4.65
5.02
5.46
7.14
7.14
Tangible Book Value per Share
3,883
5,368
5,347
5,350
5,603
5,642
5,662
5,636
5,634
5,653
5,560
5,559
5,584
5,571
5,565
5,722
5,818
Basic Weighted Avg Shares
5,516
6,091
7,070
8,402
9,817
11,294
12,459
14,584
17,034
19,797
22,792
25,004
25,610
24,559
26,905
28,873
23,189
Sales/Revenue/Turnover
16.97
19.13
20.81
22.39
24
25.41
26.24
27.32
28.16
29.68
31.08
28.27
25.4
24.16
25.47
27.63
29.01
Operating Margin (%)
111
122
200
225
283
354
381
442
443
479
574
744
832
919
905
835
- -
Depreciation Expense
660
956
1,208
1,606
2,090
2,510
2,843
3,531
4,365
5,353
6,403
6,671
6,198
5,627
6,344
7,038
5,872
Net Income, GAAP
16.29
18.71
18.94
18.69
16.14
16.66
16.71
16.22
16.39
16.01
16.14
14.7
15.77
16.28
15.4
18.03
17.17
Effective Tax Rate (%)
11.97
15.69
17.08
19.12
21.29
22.22
22.82
24.21
25.62
27.04
28.09
26.68
24.2
22.91
23.58
24.38
25.32
Profit Margin (%)
528
711
1,024
628
3,568
4,471
5,425
7,280
9,687
12,291
15,101
18,102
20,254
21,838
23,847
28,130
28,440
Working Capital
- -
- -
- -
- -
116
- -
- -
- -
- -
- -
75
54
123
100
62
61
62
LT Debt
2,529
3,086
3,659
3,914
7,488
8,751
10,014
11,764
13,888
16,598
20,166
23,500
26,884
29,033
31,396
41,840
42,532
Total Equity
29.29
32.49
34.12
39.01
33.48
28.53
28.22
29.86
30.2
31.09
31
26.64
21.14
17.3
18.7
17.44
14.29
Return on Invested Capital (%)
38.93
69.43
64.84
73.13
60.03
43.3
38.97
41.89
42.85
42.59
40.21
33.95
26.92
21.82
22.59
23.67
18.86
Return on Capital (%)
56.11
69.43
64.84
73.69
61.03
44.46
39.49
41.92
42.96
42.73
40.63
34.41
27.51
22.62
23.35
24.31
19.31
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
219
302
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
61
62
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
5,852
5,852
Market Capitalization
167,993
160,284
187,079

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
37,984
33,798
Cash, Cash Equivalents & STI
- -
34,709
30,921
Accounts Receivable, Net
- -
296
302
Inventories
- -
2,408
1,989
Total Current Liabilities
- -
9,853
5,358
Payables & Accruals
- -
- -
- -
ST Debt
- -
219
302
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.13%
16.06%
33.26%
Free Cash Flow
28.22%
17.17%
22.77%
Net Income, GAAP
11.49%
2.31%
10.95%
Sales/Revenue/Turnover
10.04%
4.98%
7.32%
Total Cash Common Dividend
18.71%
19.26%
71.09%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,694
6,462
6,243
6,502
26,905
2025
8,317
6,915
- -
7,245
28,873
2026
9,029
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
- -
- -
- -
1.14
2025
0.4
- -
- -
- -
1.23
2026
0.42
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.66
2025
- -
- -
- -
- -
1.1
2026
0.3
- -
- -
- -
- -
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Business
Foshan Haitian Flavouring and Food Company Ltd. (3288.HK) manufactures and distributes seasonings and condiments in China, holding a leading position as the world's largest soy sauce producer; its core products include soybean sauces, general sauces such as barbecue and hot pot varieties, oyster sauces for cooking and salad dressings, chicken essence seasonings, vinegar, cooking wine, compound seasonings, monosodium glutamate and oil products. The company, founded in 1955 and headquartered at 16 Wensha Road, Foshan City, Guangdong Province, primarily serves domestic markets through extensive channel networks while expanding internationally, with operations focused on food and agricultural products alongside beverages and packaging materials. In June 2025, it completed an H-share listing on the Hong Kong Stock Exchange, raising net proceeds of HKD10.4 billion and becoming the first A+H listed company in the condiments industry; recent strategic moves include establishing wholly-owned subsidiaries in Vietnam and Indonesia with local factories in 2024, alongside entries into the U.S. market and the formation of Haitian International Investment Co., Ltd. and Tianqi International Innovation Co., Ltd. in 2023 to accelerate overseas growth.