China Feihe Limited

China Feihe Limited

0.31
USD
-0.08
(-20.51%)
4.41BMarket Cap
Apr 01Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.42
0.66
1.16
1.68
2.08
2.55
2.38
2.16
2.29
2.01
- -
Basic EPS, GAAP
0.05
0.13
0.25
0.48
0.83
0.77
0.55
0.37
0.39
0.21
- -
Free Cash Flow per Basic Share
- -
0.19
0.2
0.44
0.78
0.6
0.53
0.38
0.38
0.15
- -
Dividend per Share
- -
- -
- -
0.33
0.3
0.38
0.24
0.28
0.29
0.25
- -
Book Value per Share
0.27
0.4
0.65
1.46
1.99
2.35
2.65
2.75
2.86
2.77
2.77
Tangible Book Value per Share
0.26
0.4
0.64
1.45
1.98
2.33
2.63
2.74
2.85
2.76
2.76
Basic Weighted Avg Shares
8,933
8,933
8,933
8,157
8,933
8,923
8,941
9,060
9,049
9,025
9,061
Sales/Revenue/Turnover
3,724
5,887
10,392
13,722
18,592
22,776
21,311
19,532
20,749
18,113
- -
Operating Margin (%)
19.22
26.28
30.69
40.62
43.38
41.66
31.77
26.45
26.83
19.29
- -
Depreciation Expense
99
98
162
181
263
443
494
608
649
514
- -
Net Income, GAAP
417
1,160
2,242
3,935
7,437
6,871
4,942
3,390
3,570
1,939
- -
Effective Tax Rate (%)
31.73
29.73
29.68
30.76
24.89
28.51
25.74
32.16
34.16
37.54
- -
Profit Margin (%)
11.2
19.71
21.58
28.67
40
30.17
23.19
17.36
17.21
10.71
- -
Working Capital
975
1,333
2,434
9,850
11,437
13,028
14,770
15,172
15,658
13,508
13,508
LT Debt
- -
64
792
1,845
871
737
988
1,044
539
250
250
Total Equity
2,377
3,585
5,787
13,030
19,186
22,403
25,475
26,334
27,407
26,121
26,121
Return on Invested Capital (%)
- -
28.12
34.8
28.69
36.36
29.36
19.19
12.36
12.65
7.71
- -
Return on Capital (%)
- -
31.5
37.21
30.95
38.7
31.04
19.65
12.83
12.45
6.51
- -
Return on Common Equity (%)
- -
38.92
47.85
41.82
48.33
35.54
22.01
13.86
14.03
7.7
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
542
342
605
LT Borrowings
485
466
165
LT Finance Leases
54
37
85
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9,067
9,067
8,808
Market Capitalization
45,644
45,422
30,806

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
22,249
20,432
20,257
Cash, Cash Equivalents & STI
19,003
16,863
16,171
Accounts Receivable, Net
370
329
358
Inventories
2,154
2,051
2,506
Total Current Liabilities
6,591
5,312
6,749
Payables & Accruals
- -
- -
- -
ST Debt
542
342
605
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
6.65%
-4.69%
Free Cash Flow
- -
-24.58%
-61.33%
Net Income, GAAP
- -
-21.49%
-45.68%
Sales/Revenue/Turnover
- -
0.25%
-12.7%
Total Cash Common Dividend
- -
-0.56%
-13.58%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
19,532
2024
- -
- -
20,749
2025
- -
- -
18,113

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.37
2024
- -
- -
0.39
2025
- -
- -
0.21

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.28
2024
- -
- -
0.29
2025
- -
- -
0.25

Company Description

CEO
You Bin Leng
Full Time Employees
9,480
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
Star City International Building Chaoyang HL China 100016
IPO Date
Nov 13, 2019
Website
feihe.com
Business
China Feihe Limited is a leading investment holding company engaged in the production and sale of dairy products, raw milk, and nutritional supplements primarily in China. The company offers a comprehensive portfolio of products including infant milk formula tailored for different developmental stages, adult milk powder, liquid milk, rice powder supplements, organic dairy products, and other nutritional offerings such as vitamins, minerals, and herbs; it operates through segments focused on raw milk production and dairy/nutritional supplements manufacturing. Founded in 1962 and headquartered in Beijing with key operations in Qiqihar, China, China Feihe distributes its products domestically through retailers, e-commerce platforms like Alibaba and JD.com, and to overseas markets including Canada and the United States. In recent developments, the company launched infant formula subsidy plans in 2024 involving RMB1.2 billion in investments to provide free products to families, slowing sales declines in the segment; its subsidiary Feihe HLJ entered procurement agreements for agricultural products like rice and cooking oil extending to 2027, and subscribed to wealth management products from Construction Bank and SPD Bank totaling significant amounts in early 2025.

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