Guangdong Yuehai Feeds Group Co., Ltd. Class A

Guangdong Yuehai Feeds Group Co., Ltd. Class A

SSZSE:001313
7.07
CNY
+0.09
(+1.29%)
0.11EPS
68.55P/E
4.96BMarket Cap
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
6.44
6.03
7.6
8.82
8.41
9.7
11.11
10.43
10.02
8.31
10.94
10.72
Basic EPS, GAAP
0.35
0.31
0.41
0.36
0.27
0.32
0.31
0.17
0.06
-0.12
0.03
0.1
Free Cash Flow per Basic Share
0.05
0.07
- -
-0.24
0.66
-0.45
0.88
-0.68
0.58
0.58
0.24
- -
Dividend per Share
0.29
0.12
0.2
0.03
0.09
0.31
0.13
0.1
0.11
0.1
0.18
0.08
Book Value per Share
2.31
2.63
2.86
3.22
3.44
3.5
3.73
3.99
3.9
3.68
3.64
3.73
Tangible Book Value per Share
2.17
2.41
2.54
2.9
3.15
3.14
3.38
3.71
3.63
3.42
3.34
3.37
Basic Weighted Avg Shares
559
615
602
595
602
602
606
680
686
712
593
654
Sales/Revenue/Turnover
3,600
3,704
4,577
5,252
5,067
5,844
6,725
7,092
6,872
5,912
6,489
7,007
Operating Margin (%)
7.75
5.78
6.98
5.26
5.86
5.12
4.08
2.46
3.37
3.82
2.66
2.72
Depreciation Expense
45
47
- -
65
81
88
94
98
104
103
112
- -
Net Income, GAAP
196
191
247
214
163
193
188
116
41
-85
18
68
Effective Tax Rate (%)
12.18
14.73
10.92
11.65
8.72
11.86
8.83
- -
- -
- -
37.67
16.91
Profit Margin (%)
5.44
5.14
5.39
4.08
3.21
3.3
2.79
1.63
0.6
-1.44
0.27
0.96
Working Capital
898
1,030
937
909
1,002
979
1,099
1,501
1,453
1,277
1,101
1,193
LT Debt
17
28
- -
- -
- -
13
7
- -
74
142
154
289
Total Equity
1,437
1,583
1,726
1,937
2,067
2,098
2,233
2,790
2,727
2,573
2,542
2,690
Return on Invested Capital (%)
- -
10.74
12.95
9.36
6.79
6.78
6.34
- -
- -
- -
0.6
2.24
Return on Capital (%)
- -
12.16
13.16
9.94
7.33
7.39
6.87
- -
- -
- -
1.32
2.9
Return on Common Equity (%)
- -
12.86
14.98
11.74
8.13
9.26
8.66
4.6
1.49
-3.22
0.69
2.62

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
462
414
552
LT Borrowings
23
117
110
LT Finance Leases
132
175
179
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
700
700
700
Market Capitalization
5,124
5,439
4,963

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,083
3,543
3,779
Cash, Cash Equivalents & STI
1,190
1,004
694
Accounts Receivable, Net
1,064
1,462
1,873
Inventories
705
838
872
Total Current Liabilities
1,982
2,353
2,586
Payables & Accruals
- -
- -
- -
ST Debt
462
414
552
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.19%
4.46%
-1.19%
Free Cash Flow
- -
-146.24%
-65.52%
Net Income, GAAP
-52.57%
-106.77%
-120.84%
Sales/Revenue/Turnover
6.62%
2.64%
9.77%
Total Cash Common Dividend
36.6%
-2.92%
55.09%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
851
1,512
2,091
1,458
5,912
2025
933
1,735
- -
1,492
6,489
2026
1,531
2,248
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.08
0.01
-0.03
-0.03
-0.12
2025
-0.04
0.04
- -
-0.01
0.03
2026
0.02
0.05
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.06
0.01
0.01
0.1
2025
0.01
0.01
- -
0.04
0.18
2026
0.01
0.01
- -
- -
- -

Company Description

CEO
Shi Xuan Zheng
Full Time Employees
3,492
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
No. 22, Airport Road Zhanjiang GD China 524017
IPO Date
Feb 16, 2022
Business
Guangdong Yuehai Feeds Group Co.,Ltd. Guangdong Yuehai Feeds Group Co.,Ltd. engages in the research, development, production, and sale of aquatic feeds primarily in China and internationally. Founded in 1994 and headquartered in Zhanjiang, Guangdong Province, China, the company offers a wide range of compound feeds including prawn feed, crab feed, shrimp feed such as South American white shrimp and grass shrimp feed, crayfish feed, and various fish feeds like sea bass, golden pomfret, rhubarb fish, yellow croaker, black croaker, and California perch feed; it also provides aquatic biotechnology products, animal health products such as底康泰, calcium magnesium particle agents, oxygen-enhancing detoxification agents, and Yuehai high-speed multi-vitamins, as well as aquatic pre-cooked foods including frozen golden pomfret products under brands like Yuehai, Yuejia, Haija, Hairong, Haixuan, and Taishan. The company operates through over 20 subsidiaries across provinces including Guangdong, Guangxi, Hainan, Fujian, Zhejiang, Jiangsu, Hunan, Hubei, and Anhui in China, as well as in Vietnam, serving aquaculture farmers with a production capacity exceeding 3 million metric tons annually and distribution reaching more than 30 provinces. In recent developments, it commenced operations of its first wholly-owned overseas subsidiary in Vietnam on October 30, 2025, securing strategic cooperation for 80,600 tons and delivering 22,800 tons on-site, alongside launching a 100,000-ton annual aquatic feed production project by Anhui Yuehai Feeds Co., Ltd. on October 18, 2025, with a 170 million yuan investment; additionally, in November 2024, the company pursued acquisition of a 51% stake in Yixing TianShi Feed to bolster aquatic feed additives capabilities including betaine for shrimp and fish nutrition, and it introduced a 2025 employee stock ownership plan with funding up to 83.4225 million yuan targeting core personnel.