Guangdong Haid Group Co., Limited Class A

Guangdong Haid Group Co., Limited Class A

SSZSE:002311
41.80
CNY
+0.03
(+0.07%)
2.02EPS
23.60P/E
73.40BMarket Cap
Oct 27Next 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
12.79
14.1
16.72
17.47
21.04
26.4
30.61
38.26
51.56
63.38
70.32
68.95
77.44
79.04
Basic EPS, GAAP
0.24
0.36
0.51
0.55
0.78
0.9
1.06
1.6
0.98
1.79
1.66
2.71
2.58
1.89
Free Cash Flow per Basic Share
-0.03
0.36
0.61
0.3
-0.47
-0.52
0.59
-1.84
-0.91
1.1
5.66
2.92
1.76
- -
Dividend per Share
0.18
0.22
0.22
0.3
0.37
0.36
0.46
0.49
0.49
0.45
0.72
0.68
1.4
2.28
Book Value per Share
2.66
2.89
3.25
3.67
4.11
4.9
5.76
8.41
8.73
10.73
11.81
14.37
14.57
14.43
Tangible Book Value per Share
2.28
2.52
2.77
3.15
3.38
4.07
4.82
7.44
7.61
9.55
10.52
13.11
13.16
12.98
Basic Weighted Avg Shares
1,401
1,496
1,529
1,556
1,548
1,597
1,555
1,577
1,670
1,652
1,651
1,662
1,659
1,642
Sales/Revenue/Turnover
17,930
21,090
25,567
27,185
32,557
42,157
47,613
60,324
86,092
104,715
116,117
114,601
128,468
129,816
Operating Margin (%)
2.47
3.77
4.11
3.71
4.47
4.48
4.64
6.11
3.07
4.25
3.57
5.49
4.49
3.39
Depreciation Expense
269
325
359
400
393
493
611
839
1,415
1,881
2,133
2,325
2,426
- -
Net Income, GAAP
340
538
780
856
1,207
1,437
1,649
2,523
1,636
2,957
2,741
4,504
4,280
3,105
Effective Tax Rate (%)
20.11
22.3
19.92
16.42
17.25
15.98
14.54
13.23
26.22
17.11
18.38
13.3
12.31
17.77
Profit Margin (%)
1.9
2.55
3.05
3.15
3.71
3.41
3.46
4.18
1.9
2.82
2.36
3.93
3.33
2.39
Working Capital
1,358
1,573
817
977
878
2,341
829
3,120
3,112
3,785
2,471
4,954
2,724
1,673
LT Debt
791
794
2
2
102
1,843
822
2,331
5,990
6,677
4,647
3,785
2,405
2,342
Total Equity
4,083
4,402
5,097
5,808
6,837
8,224
9,742
14,959
15,974
19,360
20,911
25,096
25,500
25,093
Return on Invested Capital (%)
5.82
9.45
12.73
12.52
14.74
13.5
13.59
16.12
7.61
11.45
9.99
16.41
15.42
10.78
Return on Capital (%)
8.22
10.34
14.27
13.39
15.25
14.05
12.87
13.29
6.81
11.16
10.19
15.72
13.86
9.64
Return on Common Equity (%)
9.89
12.99
16.71
16.07
19.91
20.21
19.57
21.86
11.49
18.29
14.63
20.68
17.78
12.86

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,676
3,325
4,097
LT Borrowings
250
186
112
LT Finance Leases
2,156
2,243
2,230
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,664
1,664
1,645
Market Capitalization
92,138
82,871
73,400

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
21,738
26,381
28,952
Cash, Cash Equivalents & STI
5,322
6,145
6,676
Accounts Receivable, Net
2,979
4,673
5,411
Inventories
11,372
12,517
13,918
Total Current Liabilities
19,014
22,731
27,280
Payables & Accruals
- -
- -
- -
ST Debt
1,676
3,325
4,097
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.16%
11.52%
1.61%
Free Cash Flow
-85.38%
11.96%
-39.83%
Net Income, GAAP
23.52%
19.52%
-4.97%
Sales/Revenue/Turnover
18.12%
17.21%
12.1%
Total Cash Common Dividend
24.7%
31.33%
104.12%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
23,172
29,124
32,565
29,740
114,601
2025
25,629
33,202
- -
32,374
128,468
2026
29,010
35,230
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.52
0.76
0.9
0.53
2.71
2025
0.77
0.82
- -
0.08
2.58
2026
0.54
0.45
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.06
0.55
0.03
0.68
2025
0.09
1.08
- -
0.02
1.4
2026
0.03
1.16
- -
- -
- -

Company Description

CEO
Hua Xue
Full Time Employees
44,176
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Building 1 Guangzhou GD China 511434
IPO Date
Nov 18, 2009
Business
Guangdong Haid Group Co., Limited engages primarily in the research, development, production, and sale of animal feed and related products. It offers a comprehensive portfolio including aquatic feed, livestock and poultry feed, premix feed concentrates, aquatic animal seedlings, animal healthcare products such as vaccines, veterinary drugs, and biological products. The company also provides integrated animal husbandry solutions encompassing intelligent farming, technical services, and food processing. Guangdong Haid operates extensively across China with production facilities in nearly 100 cities and has a growing presence in Southeast Asia, South America, and Africa. Founded in 1997 and headquartered in Guangzhou, Guangdong Haid Group serves a wide array of markets in the aquaculture, livestock farming, and poultry sectors. Its principal product brands include Hinter aquatic premix and concentrates, Haid, Hailong, Dachuan, Haibei, Fengguang, and Rongchuan feeds, alongside Hailian fishery medicines. The company pursues a vertically integrated business model, supporting farmers with scientific breeding plans and technical personnel to enhance sustainability and risk resistance. It leverages partnerships with multiple agricultural research institutes and logistics providers to optimize feed formulation and distribution efficiency. In the last 1-2 years, Guangdong Haid Group has demonstrated robust growth with a revenue increase of over 13% year-on-year and net profit growth exceeding 14% as of Q3 2025. Recent strategic initiatives include its plan to spin off and list its overseas operations on the Hong Kong Stock Exchange to further enhance its international expansion. The company has also commenced a significant share repurchase program, signaling confidence in its financial position. Additionally, it continues to invest heavily in research and development, focusing on microbial fermented feed, antibiotic alternatives, and sustainable feed innovation while expanding global production capacity with new factories in emerging aquaculture regions. Guangdong Haid Group is a leading player in the feed industry and animal husbandry sectors, providing end-to-end solutions from feed production to technical support and intelligent farming technologies. Its ongoing efforts to enhance product quality, operational efficiency, and global footprint underscore its commitment to becoming a leading technology-driven agricultural enterprise. This description incorporates the latest financial performance, major strategic changes, detailed product and service offerings, geographic scope, and core business activities of Guangdong Haid Group Co., Limited.