1. People's Republic of China Stocks

  2. •

    Consumer Defensive

  3. •

    Agricultural Farm Products
Wellhope Foods Co., Ltd.

Wellhope Foods Co., Ltd.

603609.SS
Wellhope Foods Co., Ltd.CN flagShanghai Stock Exchange
6.29
CNY
-0.20
- -
5.71BMarket Cap
Wellhope Foods Co., Ltd.
603609.SS
(Shanghai Stock Exchange)

Recent

price

6.29

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
8.01
10.22
11.39
12.07
11.02
11.73
14.18
16.57
18.83
19.88
25.84
32.32
37.11
39.35
36.11
40.86
30.39
Revenue per Share
0.27
0.38
0.33
0.25
0.3
0.38
0.51
0.57
0.66
1.34
1.34
0.13
0.58
-0.5
0.38
0.06
0.05
Basic EPS, GAAP
-0.29
0.39
-0.29
-0.13
0.16
0.27
-0.38
0.18
0.09
0.4
-0.69
-0.97
-0.73
0.51
0.87
0.03
-0.48
Free Cash Flow per Basic Share
0.06
0.08
0.11
0.13
0.09
0.09
0.15
0.18
0.18
0.28
0.3
0.33
0.13
0.23
0.11
0.2
0.18
Dividend per Share
1.39
1.72
1.98
2.2
2.23
2.9
3.22
3.7
4.18
5.06
5.96
5.92
6.66
5.82
6.26
6.44
6.52
Book Value per Share
1.51
1.93
2.2
2.41
2.86
3.29
3.69
4.28
4.85
6.99
8.26
7.89
9.04
7.93
7.95
8.4
8.5
Tangible Book Value per Share
705
710
714
706
829
827
837
826
836
895
922
912
884
914
901
875
866
Basic Weighted Avg Shares
5,643
7,257
8,139
8,525
9,139
9,696
11,871
13,696
15,751
17,792
23,818
29,469
32,812
35,970
32,545
35,762
26,319
Sales/Revenue/Turnover
4.67
4.96
4.22
2.9
3.71
4.27
3.99
3.54
3.87
6.5
5.32
1.6
2.16
-0.02
2.05
1.28
1.63
Operating Margin (%)
46
58
70
84
99
120
132
167
173
216
292
402
446
555
614
825
- -
Depreciation Expense
193
270
238
174
249
314
427
471
552
1,199
1,235
119
513
-457
342
53
47
Net Income, GAAP
19.79
17.28
19.97
19.82
21.61
20.72
15.51
13.99
12.56
5.35
10.05
86.06
14.68
- -
21.23
102.48
74.37
Effective Tax Rate (%)
3.41
3.72
2.93
2.04
2.72
3.24
3.6
3.44
3.5
6.74
5.19
0.4
1.56
-1.27
1.05
0.15
0.18
Profit Margin (%)
410
450
301
443
1,019
995
834
596
654
1,530
1,662
1,395
2,951
1,864
2,094
988
927
Working Capital
51
101
50
214
242
30
50
20
118
174
717
1,369
2,794
2,594
3,214
4,007
3,980
LT Debt
1,212
1,525
1,728
1,899
2,575
2,924
3,321
3,746
4,266
6,499
7,902
7,513
8,356
7,615
7,577
7,948
7,968
Total Equity
12.73
15.15
11.64
7.04
8.58
9.79
10.12
8.94
9.99
16.33
13.02
0.65
5.26
- -
4.45
-0.09
0.8
Return on Invested Capital (%)
13.44
15.32
11.75
8.04
10.22
11.42
11.66
11.44
11.09
16.2
15.5
2.5
6.09
- -
4.79
0.85
0.79
Return on Capital (%)
22.76
24.56
18.08
11.74
14.64
14.81
16.75
16.37
16.85
29.89
24.65
2.18
9.09
-8.16
6.25
0.93
0.83
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
2,337
2,639
LT Borrowings
- -
3,458
3,401
LT Finance Leases
- -
549
578
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
912
908
Market Capitalization
6,723
5,973
5,881

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
7,093
7,634
Cash, Cash Equivalents & STI
- -
1,720
1,084
Accounts Receivable, Net
- -
991
1,609
Inventories
- -
3,617
4,039
Total Current Liabilities
- -
6,105
6,707
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,337
2,639
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.6%
0.37%
4.89%
Free Cash Flow
-51.6%
-37.87%
-96.4%
Net Income, GAAP
-2.28%
-41.3%
-84.67%
Sales/Revenue/Turnover
14.47%
9.01%
9.88%
Total Cash Common Dividend
22.92%
11.58%
83.84%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,222
7,749
9,040
8,535
32,545
2025
7,708
9,699
- -
7,689
35,762
2026
8,931
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.11
- -
- -
- -
0.38
2025
0.14
- -
- -
- -
0.06
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.11
2025
0.02
- -
- -
- -
0.2
2026
0.04
- -
- -
- -
- -
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Business
Wellhope Foods Co., Ltd. Wellhope Foods Co., Ltd. engages primarily in the production and sale of animal feed products, alongside integrated livestock operations and related agribusiness activities in China and select international markets. Founded in April 1995 and headquartered at No. 169, Huishan Street, Shenbei New District, Shenyang, Liaoning Province, P.R.C., the company manufactures pig feed, poultry feed, ruminant feed, aquatic feed, and specialized feeds for other animals including fur-farmed species; it trades feed raw materials such as fish meal, soybean meal, corn co-products, amino acids, antioxidants, mold inhibitors, and vitamins; and provides animal health products like vaccines and veterinary drugs, smart farming equipment, and pet healthcare services. Wellhope operates broiler integration encompassing breeder raising, day-old chick hatching, feed production, commercial rearing, slaughtering, and raw meat processing; swine farming including piglet production, breeding pigs, and fattening; food processing for broiler parts and cooked foods; and international business through production facilities in countries including Nepal, Indonesia, the Philippines, and Mongolia, serving 32 provincial-level regions in China via more than 200 subsidiaries. The company maintains a strategic partnership with Royal De Heus, a Dutch feed firm established in 2006 to bolster R&D and global resources, and listed on the Shanghai Stock Exchange in August 2014 under ticker 603609.SS. In recent developments, Wellhope completed acquisitions in 2025 to consolidate control over key feed subsidiaries, including an additional 24.10% stake in Linghai Jiuguhe Feed Co., Ltd. for CNY 25 million in March, an additional 25.55% in Huludao Jiuguhe Feed Co., Ltd. for CNY 2.2 million in June, and a 27.97% stake in Tai'an County Jiuguhe Agriculture Development Co., Ltd. for CNY 210 million with first payments made in April, enhancing its feed production and integration capabilities.