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
Beijing Shunxin Agriculture Co., Ltd. Class A
SZSE:000860
(Shenzhen Stock Exchange)

Recent

price

11.30

P/E

ratio

- -

div

yld

2.46%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
11
13.3
14.63
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
Revenue per Share
0.47
0.54
0.22
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
Basic EPS, GAAP
-0.97
-0.81
-1.45
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
- -
Free Cash Flow per Basic Share
0.48
0.72
0.99
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
Dividend per Share
4.66
5.01
5.06
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
Book Value per Share
2.91
4.2
3.59
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
Tangible Book Value per Share
570
570
570
570
656
742
742
742
742
742
742
742
742
742
742
742
742
Basic Weighted Avg Shares
6,268
7,580
8,342
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
Sales/Revenue/Turnover
5.99
4.57
5.09
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
Operating Margin (%)
134
116
144
166
185
195
193
228
237
245
245
290
305
337
351
325
- -
Depreciation Expense
265
307
126
198
359
376
413
438
744
809
420
102
-673
-296
231
-152
-298
Net Income, GAAP
18.86
14.16
36.31
31.78
31.85
31.57
22.02
30.56
31.27
30.92
39.19
81.26
- -
511.4
50.84
- -
- -
Effective Tax Rate (%)
4.23
4.05
1.51
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
Profit Margin (%)
-1,293
53
978
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
Working Capital
880
195
896
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
LT Debt
2,796
2,994
2,986
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
Total Equity
3.7
3.95
1.51
2.15
3.38
3.32
3.45
3.28
5.51
6
2.88
0.69
- -
-2.38
2.2
- -
- -
Return on Invested Capital (%)
3.71
4.82
3.04
3.09
4.36
4.34
5.06
4.34
6.97
7.06
4.04
1
- -
-9.04
2.34
- -
- -
Return on Capital (%)
10.5
11.13
4.38
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
Return on Common Equity (%)

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
- -
- -
- -
Similar Companies
Tilray Brands, Inc. (NASDAQ:TLRY)
Archer-Daniels-Midland Company (NYSE:ADM)
Corteva, Inc. (NYSE:CTVA)
Canopy Growth Corporation (NASDAQ:CGC)
Patanjali Foods Limited (NSE:PATANJALI)
Balrampur Chini Mills Ltd (NSE:BALRAMCHIN)
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.