1. China Stocks

  2. •

    Consumer non-durables

  3. •

    Food: specialty/candy
Xiwang Foodstuffs Co., Ltd. Class A

Xiwang Foodstuffs Co., Ltd. Class A

SSZSE:000639
1.62
CNY
+0.10
(+6.58%)
-1.20EPS
1.19BMarket Cap
Xiwang Foodstuffs Co., Ltd. Class A
SZSE:000639
(Shenzhen Stock Exchange)

Recent

price

1.62

P/E

ratio

- -

div

yld

7.26%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
3.88
2.51
3.36
3.29
2.52
3.05
3.88
6.31
5.49
5.33
5.36
5.89
5.59
5.08
4.61
4.2
3.69
Revenue per Share
0.27
0.16
0.19
0.24
0.16
0.2
0.14
0.39
0.44
-0.7
0.29
0.17
-0.57
-0.02
-0.41
-1.15
-0.97
Basic EPS, GAAP
0.06
-0.41
0.42
0.29
0.25
0.12
-0.34
0.39
1.09
0.34
0.48
-0.2
-0.05
0.38
0.2
0.21
- -
Free Cash Flow per Basic Share
0.04
0.01
0.11
0.09
0.09
0.03
0.11
0.26
0.17
0.22
0.11
0.08
0.09
0.13
0.13
0.14
0.12
Dividend per Share
1.09
1.25
1.39
1.57
1.65
1.84
2.33
2.54
4.04
3.27
3.38
3.5
3.08
3.09
2.7
1.54
1.65
Book Value per Share
0.94
1.1
1.25
1.43
1.52
1.71
-3.78
-3.2
-0.92
-0.18
0.15
0.35
0.42
0.4
0.81
0.96
1.57
Tangible Book Value per Share
310
733
738
739
743
735
869
890
1,065
1,074
1,079
1,080
1,085
1,081
1,080
1,079
1,080
Basic Weighted Avg Shares
1,203
1,841
2,480
2,427
1,870
2,244
3,375
5,618
5,845
5,727
5,780
6,355
6,071
5,490
4,972
4,530
3,983
Sales/Revenue/Turnover
9.07
7.42
7.77
8.74
8.27
7.81
7.71
13.1
14.04
10.73
9.1
4.88
-1.86
2.76
5.08
0.81
-1.89
Operating Margin (%)
18
20
23
34
38
39
42
68
69
73
74
86
96
101
84
80
- -
Depreciation Expense
84
114
143
181
117
146
124
343
468
-752
313
184
-619
-17
-444
-1,242
-1,049
Net Income, GAAP
15.79
12.16
8.66
7.7
11.51
12.03
28.89
17
18.96
- -
18.06
17.6
- -
- -
- -
- -
- -
Effective Tax Rate (%)
6.96
6.2
5.77
7.45
6.28
6.52
3.68
6.11
8.01
-13.13
5.41
2.89
-10.19
-0.31
-8.92
-27.42
-26.33
Profit Margin (%)
395
317
335
415
514
555
-125
-409
1,237
1,096
1,194
1,272
1,094
432
593
532
1,088
Working Capital
- -
- -
- -
- -
- -
- -
1,735
1,280
973
1,020
840
645
772
58
92
84
1
LT Debt
804
919
1,024
1,158
1,219
1,360
2,539
2,770
5,017
4,101
4,292
4,458
3,918
3,913
3,349
1,775
1,930
Total Equity
9.02
10.8
11.2
14.39
8.92
9.48
3.31
7.16
8.05
- -
5.09
3.57
- -
- -
- -
- -
- -
Return on Invested Capital (%)
10.03
11.02
14.16
15.92
9.12
10.51
4.42
10.37
8.89
- -
6.12
3.3
- -
- -
- -
- -
- -
Return on Capital (%)
12
13.24
14.72
16.58
9.88
11.34
7.24
15.85
14.14
-19.04
8.71
4.94
-17.42
-0.51
-14.19
-54.33
-44.66
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,761
1,738
1,004
LT Borrowings
75
75
- -
LT Finance Leases
9
7
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,079
1,079
1,079
Market Capitalization
3,573
2,904
1,187

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,962
2,912
2,326
Cash, Cash Equivalents & STI
1,840
1,752
1,538
Accounts Receivable, Net
261
241
102
Inventories
591
584
324
Total Current Liabilities
2,430
2,387
1,238
Payables & Accruals
- -
- -
- -
ST Debt
1,761
1,738
1,004
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.35%
-13.96%
-47.01%
Free Cash Flow
-154.12%
-221.18%
4.27%
Net Income, GAAP
193.01%
426.88%
180.05%
Sales/Revenue/Turnover
9.74%
-4.48%
-8.89%
Total Cash Common Dividend
51.84%
8.37%
7.95%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,298
1,218
1,297
1,158
4,972
2025
1,040
1,079
- -
1,023
4,530
2026
1,048
834
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
-0.01
0.02
-0.47
-0.41
2025
0.01
-0.02
- -
-1.15
-1.15
2026
-0.01
0.21
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.04
0.03
0.13
2025
0.03
0.04
- -
0.03
0.14
2026
0.03
0.02
- -
- -
- -
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Business
Xiwang Foodstuffs Co.,Ltd. (000639.SZ) engages in the production and sale of starch and starch derivatives, corn oil, and related agricultural products in China. The company offers core products including corn starch, modified starch, maltodextrin, glucose syrup, fructose syrup, corn oil under the Xiwang brand, and monoglyceride; it also provides services such as starch processing, corn oil extraction, and food additive manufacturing. Headquartered in Zouping, Shandong Province, China, Xiwang Foodstuffs was founded in 1999 and operates primarily within the domestic Chinese market, serving food and beverage, pharmaceutical, and industrial sectors. The company's business segments encompass starch processing, corn oil production, and trading of agricultural commodities, with production facilities concentrated in Shandong and expanded operations across northern and eastern China. Xiwang Foodstuffs targets manufacturers in the food processing industry, livestock feed producers, and export markets in Asia. No major subsidiaries or parent company relationships are reported in recent disclosures. In the last 1-2 years, Xiwang Foodstuffs has focused on operational recovery following debt restructuring completed in 2021, with no significant new partnerships, acquisitions, funding rounds, product launches, or strategic shifts publicly announced as of late 2025. The company continues to emphasize cost efficiencies in starch production amid volatile corn prices and regulatory changes in China's agricultural sector. These efforts support steady revenue from core operations without notable expansions or reorganizations.