Qinqin Foodstuffs Group (Cayman) Company Limited
QQFSF
Other OTC0.14
USD
- -
- -
Qinqin Foodstuffs Group (Cayman) Company Limited
QQFSF
(Other OTC)
Recent
price
0.14
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Qinqin Foodstuffs Group (Cayman) Company Limited is a China-based investment holding company engaged in the manufacturing, sales, and distribution of food and snack products. The company operates primarily through four segments: jelly products; crackers and chips; seasoning products; and confectionery and other products. Its core product offerings include jelly products, puffed snacks, rice wine, seasonings, sesame candy, chocolate, dried fruits, nuts, biscuits, bakery items, dried meat, vegetarian snacks, and confectionery under the brands Qinqin, Shangerry, and A Snack Shop. Qinqin Foodstuffs Group operates multiple production bases across China, including locations in Fujian, Liaoning, Shandong, Henan, Hubei, Gansu, and Sichuan. Founded in 1990 and headquartered in Jinjiang City, Fujian Province, the company is known as a major player in the Chinese leisure food market. In recent developments, the group has reported steady revenue growth, achieving approximately 996.5 million yuan in cumulative sales revenue for the fiscal year 2024, representing a 1.5% year-on-year increase. The increase was driven mainly by strong sales in puffed products, confectionery, and other snack categories, despite a decline in jelly product sales. The company achieved a significant profit turnaround in 2024, reporting a net income attributable to shareholders of about 21.1 million yuan, reversing the previous year's net loss. Qinqin Foodstuffs Group has also actively engaged in share repurchase programs in 2025 to enhance shareholder value and expanded its overseas client base during 2024. The group continues to leverage its diversified product portfolio and extensive distribution network to sustain growth within the food processing industry. Qinqin Foodstuffs targets the mass consumer market in Mainland China with its comprehensive range of leisure food products and has begun to expand its footprint internationally. The company is publicly listed with the Hong Kong Stock Exchange under the ticker 1583.HK and trades in the OTC market under QQFSF. It operates with approximately 2,400 employees and strategically manages its operations and product categories to capture evolving consumer preferences and trends within the snack and seasonal food sectors. The company’s recent operational focus includes reinforcing its seasoning product offerings and innovating within the confectionery and snack segments to drive future growth. Overall, Qinqin Foodstuffs Group is a well-established diversified food processing company with a broad product range, stable operational presence across China, and ongoing efforts to enhance profitability and market reach via strategic share buybacks and client acquisitions since its founding over three decades ago. This description incorporates the latest available financial performance, strategic activities, product and operational details, and company background relevant through late 2025.