Shenzhen Agricultural Products Group Co., Ltd. Class A

Shenzhen Agricultural Products Group Co., Ltd. Class A

SSZSE:000061
5.56
CNY
+0.05
(+0.91%)
0.34EPS
22.40P/E
11.12BMarket Cap
Oct 31Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.31
0.97
1.02
1.19
1.44
1.36
1.68
1.87
2.41
2.57
3.24
3.39
3.69
3.13
Basic EPS, GAAP
0.07
0.05
0.01
0.05
0.01
0.03
0.18
0.19
0.22
0.12
0.26
0.23
0.21
0.25
Free Cash Flow per Basic Share
-0.64
-0.76
-0.37
-0.45
-0.03
0.42
0.16
-0.16
0.34
0.28
0.29
-0.29
-0.23
- -
Dividend per Share
0.2
0.21
0.25
0.22
0.22
0.24
0.18
0.23
0.22
0.21
0.15
0.21
0.16
0.2
Book Value per Share
2.88
2.88
2.84
2.85
2.83
2.9
3.06
3.18
3.34
3.38
3.6
3.73
4.29
4.35
Tangible Book Value per Share
1.67
1.17
1.09
1.62
1.53
1.7
2.02
2.23
2.41
2.52
2.83
2.94
2.78
2.95
Basic Weighted Avg Shares
1,671
1,698
1,699
1,698
1,694
1,697
1,697
1,697
1,697
1,697
1,697
1,697
1,769
1,913
Sales/Revenue/Turnover
2,182
1,648
1,737
2,020
2,446
2,302
2,853
3,174
4,092
4,354
5,490
5,756
6,528
5,979
Operating Margin (%)
12.46
7.62
7.91
2.69
13.56
18.54
19.54
19.92
16.82
15.02
14.39
14.82
12.46
14.39
Depreciation Expense
215
231
301
409
407
421
424
448
510
492
543
508
499
- -
Net Income, GAAP
111
84
21
88
14
43
310
315
374
202
449
386
372
478
Effective Tax Rate (%)
25.89
41.46
67.03
64.23
68.86
57.99
33.93
31.43
31.32
35.84
25.69
30.67
32.48
30.86
Profit Margin (%)
5.1
5.12
1.18
4.38
0.57
1.86
10.87
9.93
9.14
4.65
8.18
6.7
5.71
8
Working Capital
-1,626
-3,079
-4,071
-3,382
-3,432
-3,586
-3,303
-4,177
-3,909
-4,652
-4,960
-5,494
-3,599
-3,024
LT Debt
706
1,057
1,372
2,423
2,650
2,121
2,488
2,635
2,426
2,339
2,039
1,550
1,631
2,290
Total Equity
6,114
6,156
6,085
6,248
6,409
6,590
6,870
7,094
7,476
7,490
7,915
8,002
11,192
11,451
Return on Invested Capital (%)
1.68
0.49
0.01
0.56
0.46
0.82
2.99
3.12
3.31
2.29
4.25
3.6
3.19
3.77
Return on Capital (%)
1.71
1.67
0.76
1.47
0.42
0.86
2.92
2.44
2.89
1.49
2.97
2.15
2.03
2.48
Return on Common Equity (%)
2.76
1.73
0.42
1.83
0.29
0.88
6.13
5.95
6.76
3.55
7.58
6.2
5.02
6.36

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,509
4,944
4,509
LT Borrowings
1,441
1,963
2,103
LT Finance Leases
190
183
187
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,985
1,985
1,985
Market Capitalization
20,425
14,649
11,116

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,799
5,404
5,501
Cash, Cash Equivalents & STI
3,224
2,787
2,974
Accounts Receivable, Net
415
402
408
Inventories
981
1,004
986
Total Current Liabilities
9,397
8,284
8,526
Payables & Accruals
- -
- -
- -
ST Debt
5,509
4,944
4,509
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.78%
10.44%
39.87%
Free Cash Flow
-239.9%
-108.9%
-15.79%
Net Income, GAAP
115.79%
15.43%
-3.42%
Sales/Revenue/Turnover
14.64%
15.94%
13.42%
Total Cash Common Dividend
-1.98%
-3.65%
-20.93%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,050
1,286
1,394
1,898
5,756
2025
1,575
1,950
- -
1,330
6,528
2026
1,283
1,416
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.08
0.06
0.04
0.23
2025
0.04
0.07
- -
0.05
0.21
2026
0.07
0.06
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.13
0.02
0.03
0.21
2025
0.02
0.09
- -
0.02
0.16
2026
0.02
0.08
- -
- -
- -

Company Description

CEO
Lei Zhang
Full Time Employees
4,828
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Times Technology Building Shenzhen GD China 518040
IPO Date
Jan 10, 1997
Website
szap.com
Business
Shenzhen Agricultural Products Group Co., Ltd. (000061.SZ) engages in the development, construction, operation, and management of agricultural product wholesale markets in China; provides agricultural product industry chain services including base cultivation, urban food distribution, import and export trade, procurement, processing, and distribution of fresh produce, fruits, vegetables, and related goods; offers market support services, supply chain logistics, and value-added processing such as packaging and branding for wholesale and retail channels. Founded in 1989 and headquartered at 13/F, Times Technology Building in Shenzhen, the company operates primarily in the agricultural products distribution sector, serving local farmers, wholesalers, retailers, supermarkets, food service providers, and export markets across China with extensions into Southeast Asia and Europe; it functions as a holding enterprise of Shenzhen Agriculture and Food Investment Holding Group Co., Ltd., a state-owned entity, and maintains partnerships with over 1,500 farming cooperatives to ensure supply chain efficiency and sustainability. In recent developments, the company applied in 2025 to register for issuance of up to RMB 20 billion in ultra-short-term financing bonds and RMB 20 billion in medium-term notes to fund development and optimize its financing structure; elected Zhang Lei as chairman of the board following the resignation of Huang Wei; advanced deep-processing cooperation with leading feed and livestock enterprises, boosting sales of brands like "Shenliang Shuangbao" rice; and pursued urban renewal projects involving subsidiary properties while investing in e-commerce expansion, new processing facilities, eco-friendly farming practices, and smart farming technologies to enhance capacity by 25% and reduce carbon footprints.