1. China Stocks

  2. •

    Process industries

  3. •

    Agricultural commodities/Milling
Beijing Shunxin Agriculture Co., Ltd. Class A

Beijing Shunxin Agriculture Co., Ltd. Class A

SSZSE:000860
11.30
CNY
+0.12
(+1.07%)
-0.39EPS
7.27BMarket Cap
Oct 30Next 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
15.91
14.45
12.99
15.1
15.82
16.28
20.09
20.91
20.04
15.74
14.28
12.3
9.74
8.75
Basic EPS, GAAP
0.35
0.55
0.51
0.56
0.59
1
1.09
0.57
0.14
-0.91
-0.4
0.31
-0.21
-0.4
Free Cash Flow per Basic Share
0.15
-0.24
0.33
0.85
3.05
3.95
1.58
1.86
-0.63
1.76
-1.2
0.05
-0.48
- -
Dividend per Share
0.91
0.9
0.61
0.6
0.55
0.55
0.56
0.59
0.43
0.35
0.28
0.18
0.29
0.28
Book Value per Share
5.37
6.85
7.28
9.09
9.56
10.39
10.02
10.44
10.47
9.54
9.14
9.46
9.1
9.15
Tangible Book Value per Share
3.8
5.67
6.15
7.99
8.5
9.37
9.03
9.46
9.53
8.62
8.08
8.43
8.1
8.17
Basic Weighted Avg Shares
570
656
742
742
742
742
742
742
742
742
742
742
742
742
Sales/Revenue/Turnover
9,072
9,481
9,637
11,197
11,734
12,074
14,900
15,511
14,869
11,678
10,593
9,126
7,224
6,493
Operating Margin (%)
5
7.42
7.57
5.44
6.29
10.81
9.37
7.11
5.34
3.65
1.24
6.89
-0.08
-1.75
Depreciation Expense
166
185
195
193
228
237
245
245
290
305
337
351
325
- -
Net Income, GAAP
198
359
376
413
438
744
809
420
102
-673
-296
231
-152
-298
Effective Tax Rate (%)
31.78
31.85
31.57
22.02
30.56
31.27
30.92
39.19
81.26
- -
511.4
50.84
- -
- -
Profit Margin (%)
2.18
3.79
3.9
3.68
3.74
6.16
5.43
2.71
0.69
-5.76
-2.79
2.53
-2.11
-4.6
Working Capital
162
2,572
4,381
5,391
5,667
6,565
5,519
5,993
5,184
4,839
2,812
3,665
3,252
4,013
LT Debt
1,099
1,613
3,068
2,855
2,823
2,211
1,856
2,719
2,568
2,826
1,270
1,439
1,043
1,610
Total Equity
3,176
5,185
5,504
6,822
7,127
7,729
7,460
7,772
7,793
7,085
6,802
7,054
6,798
6,842
Return on Invested Capital (%)
2.15
3.38
3.32
3.45
3.28
5.51
6
2.88
0.69
- -
-2.38
2.2
- -
- -
Return on Capital (%)
3.09
4.36
4.34
5.06
4.34
6.97
7.06
4.04
1
- -
-9.04
2.34
- -
- -
Return on Common Equity (%)
6.65
8.83
7.18
6.79
6.34
10.06
10.69
5.54
1.32
-9.07
-4.27
3.35
-2.21
-4.24

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,617
3,812
3,104
LT Borrowings
1,029
971
1,588
LT Finance Leases
14
14
22
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
742
742
742
Market Capitalization
10,867
9,554
7,269

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,152
8,692
8,170
Cash, Cash Equivalents & STI
6,411
6,135
5,749
Accounts Receivable, Net
48
63
93
Inventories
1,682
1,540
1,567
Total Current Liabilities
5,900
5,293
4,157
Payables & Accruals
- -
- -
- -
ST Debt
3,617
3,812
3,104
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.48%
-2.55%
-3.63%
Free Cash Flow
-140.26%
-361.71%
-1,023.37%
Net Income, GAAP
-118.76%
-246.78%
-165.91%
Sales/Revenue/Turnover
-1.82%
-13.92%
-20.84%
Total Cash Common Dividend
-4.24%
-8.07%
63.02%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,057
1,630
1,630
1,809
9,126
2025
3,258
1,334
- -
1,355
7,224
2026
2,411
1,393
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.61
-0.04
-0.05
-0.2
0.31
2025
0.38
-0.15
- -
-0.31
-0.21
2026
0.16
-0.1
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.04
0.04
0.06
0.18
2025
0.04
0.19
- -
0.03
0.29
2026
0.03
0.03
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yuan Zhi An
Full Time Employees
3,580
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Building No. 1 Beijing BE China 101300
IPO Date
Nov 4, 1998
Website
000860.com
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Business
Beijing Shunxin Agriculture Co., Ltd. (000860.SZ) engages primarily in the production, processing, and sale of liquor and meat products in China. The company brews and sells baijiu under the Niulanshan brand, including Classic Erguotou, Traditional Erguotou, Centennial Niulanshan, Precious Niulanshan, and Aged Niulanshan, as well as Ningcheng Laojiao liquor under the Mianxiang brand; it breeds pigs under the Xiaodian brand, slaughters and processes meat into fresh and cooked products under the Pengcheng brand, and handles animal husbandry, feed processing, seed breeding, pre-packaged and bulk food wholesale and retail, paper products manufacturing, real estate development, bio-brewing, environmental protection, and water conservancy services. Founded in 1998 and headquartered in Shunyi District, Beijing, the company operates through its integrated industrial chain, with an annual slaughter capacity of three million hogs, positioning it as one of China's largest single-factory pork processors, and employs approximately 3,739 people serving consumer staples markets nationwide. In recent developments, Beijing Shunxin Agriculture approved the deregistration of wholly-owned subsidiary Inner Mongolia Shunxin Agriculture Xiaodian Breeding Co., Ltd. and subsidiary Hanzhong Shunxin Pig Industry Alliance Service Co., Ltd. in January 2025, alongside a capital reduction for wholly-owned Peking Shunxin Pengcheng Animal Husbandry Technology Co., Ltd. from CNY 400 million to CNY 0.5 million; it also received acceptance for CNY 1 billion mid-term notes registration in December 2024, valid for two years with Bank of Communications as lead underwriter. The company focuses on its core baijiu and pork businesses with no plans for pork divestiture, reported 2024 revenue of CNY 9.13 billion (down 13.9% year-over-year) and net income of CNY 0.23 billion (up 178%), and released its 2025 semi-annual performance forecast amid ongoing subsidiary streamlining.