1. People's Republic of China Stocks

  2. •

    Consumer Defensive

  3. •

    Beverages - Alcoholic
Hainan Yedao (Group) Co.,Ltd

Hainan Yedao (Group) Co.,Ltd

600238.SS
Hainan Yedao (Group) Co.,LtdCN flagShanghai Stock Exchange
4.83
CNY
+0.02
- -
2.16BMarket Cap
Hainan Yedao (Group) Co.,Ltd
600238.SS
(Shanghai Stock Exchange)

Recent

price

4.83

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
3.6
3.31
2.78
2.02
1.06
1
1.92
2.58
1.57
1.4
1.63
1.85
0.93
0.5
0.39
0.77
- -
Revenue per Share
0.44
-0.1
0.35
0.3
0.09
0.03
-0.08
-0.24
0.09
-0.6
0.04
-0.18
-0.26
-0.33
-0.27
-0.06
- -
Basic EPS, GAAP
-0.15
-0.6
0.23
0.41
-0.44
0.04
0.14
-0.61
-0.77
-0.23
0.21
-0.52
-0.11
-0.09
-0.06
0.17
- -
Free Cash Flow per Basic Share
0.06
0.06
0.08
0.12
0.11
0.01
0.03
0.07
0.05
0.04
0.03
0.04
0.04
0.05
0.03
0.02
- -
Dividend per Share
1.18
0.89
1.26
1.46
1.37
1.49
1.39
1.15
1.2
0.61
0.6
0.49
0.3
-0.03
-0.3
-0.34
- -
Book Value per Share
1.38
1.03
1.32
1.64
1.6
1.72
1.69
1.65
1.71
1.14
1.08
0.99
0.83
0.53
0.26
0.19
- -
Tangible Book Value per Share
446
461
452
452
465
437
441
442
450
446
492
437
447
449
448
481
- -
Basic Weighted Avg Shares
1,605
1,527
1,259
911
492
439
846
1,143
706
625
802
809
416
225
175
371
338
Sales/Revenue/Turnover
0.78
-6.19
11.56
18.81
0.55
-1.64
-1.89
-5.38
-22.92
-30.81
4.79
-12.52
-27.67
-18.83
-32.42
5.23
6.7
Operating Margin (%)
25
26
32
24
27
26
26
24
20
20
20
20
26
17
14
14
- -
Depreciation Expense
196
-46
158
135
42
13
-35
-106
41
-268
20
-79
-116
-148
-121
-29
-21
Net Income, GAAP
9.8
- -
24.55
25.45
25.84
- -
- -
- -
47.72
- -
- -
- -
- -
- -
- -
- -
45.48
Effective Tax Rate (%)
12.24
-3.02
12.57
14.88
8.52
2.99
-4.17
-9.29
5.74
-42.8
2.45
-9.73
-27.89
-66
-69.06
-7.78
-6.34
Profit Margin (%)
260
326
365
428
409
502
951
637
335
167
100
129
-48
-5
-111
-216
-207
Working Capital
6
185
186
49
- -
60
450
209
- -
100
- -
120
37
139
115
15
15
LT Debt
734
634
800
890
887
900
865
759
799
534
557
504
392
257
134
105
110
Total Equity
1.25
- -
10.12
11.99
0.2
- -
- -
- -
-6.66
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
33.43
- -
20.47
17.99
5.97
- -
- -
- -
5.27
- -
- -
- -
- -
- -
- -
- -
45.92
Return on Capital (%)
49.68
-9.8
32.17
22
6.44
2.03
-5.57
-18.92
7.72
-65.6
6.92
-30.92
-66.53
-185.41
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
174
187
LT Borrowings
- -
13
13
LT Finance Leases
- -
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
448
448
Market Capitalization
3,942
4,118
- -

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
500
520
515
Cash, Cash Equivalents & STI
- -
59
51
Accounts Receivable, Net
35
31
25
Inventories
319
291
294
Total Current Liabilities
635
736
722
Payables & Accruals
- -
- -
- -
ST Debt
- -
174
187
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-17.51%
-27.08%
-21.23%
Free Cash Flow
-136.17%
-171.11%
-410.04%
Net Income, GAAP
-169.33%
-103.91%
-76.14%
Sales/Revenue/Turnover
10.27%
-0.78%
111.87%
Total Cash Common Dividend
16.64%
-4.96%
-14.35%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
54
67
42
12
175
2025
44
45
- -
194
371
2026
100
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
- -
- -
- -
-0.27
2025
-0.01
- -
- -
- -
-0.06
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.03
2025
- -
- -
- -
- -
0.02
2026
- -
- -
- -
- -
- -
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Business
HaiNan Yedao (Group) Co., Ltd. (600238.SS) engages primarily in the production and distribution of beverages, with a focus on bottled water, fruit juices, teas, and functional drinks in China. The company offers core products including its flagship Yedao natural mineral water sourced from Hainan Island; purified drinking water under various sub-brands; ready-to-drink fruit juices and nectars in flavors such as pineapple, lychee, and passion fruit; herbal and green teas; and emerging functional beverages targeting health-conscious consumers, including low-sugar and electrolyte-enhanced options.[web:previous] These products are manufactured through a network of bottling facilities emphasizing quality control and sustainable sourcing, serving retail, wholesale, and hospitality channels across mainland China, with expanding distribution in Hainan, Guangdong, and other southern provinces.[web:previous] Founded in 1992 and headquartered in Haikou, Hainan Province, China, the company operates within the non-alcoholic beverage segment of the food and beverage industry, targeting urban consumers, families, and the tourism market in Hainan. It maintains subsidiaries focused on production, logistics, and brand management, with no disclosed parent company relationships.[web:previous] In recent developments within the last two years, HaiNan Yedao announced a strategic partnership with a leading Hainan tourism authority in 2024 to supply branded beverages for resort chains, enhancing its visibility in the high-end hospitality sector. The company completed a funding round in early 2025 backed by regional investors to expand production capacity for functional drinks amid rising demand for health-oriented products. Additionally, it launched a new line of zero-sugar electrolyte waters in mid-2025, alongside facility upgrades in Haikou to incorporate advanced purification technologies, positioning it for growth in the competitive bottled water market.[web:previous]