HaiXin Foods Co., Ltd. Class A

HaiXin Foods Co., Ltd. Class A

SSZSE:002702
5.49
CNY
0.00
(0.00%)
-0.10EPS
2.47BMarket 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
1.57
1.78
1.69
1.92
2.01
2.38
2.88
3.34
3.22
3.37
3.4
3.09
2.74
2.87
Basic EPS, GAAP
0.07
0.04
-0.08
0.03
-0.06
0.07
0.01
0.15
-0.07
0.13
- -
-0.07
-0.09
-0.1
Free Cash Flow per Basic Share
-0.11
-0.21
-0.06
0.11
-0.01
0.1
-0.14
0.05
-0.57
-0.11
-0.41
-0.07
-0.31
- -
Dividend per Share
0.04
0.03
0.03
- -
- -
- -
0.05
0.05
0.06
0.02
0.12
0.07
0.02
0.02
Book Value per Share
1.66
1.67
1.56
1.54
1.52
1.68
1.64
1.74
1.62
1.75
2.08
1.93
1.84
1.82
Tangible Book Value per Share
1.63
1.54
1.43
1.42
1.4
1.55
1.4
1.47
1.37
1.5
1.86
1.72
1.66
1.64
Basic Weighted Avg Shares
481
480
481
481
481
481
482
481
481
481
504
553
556
550
Sales/Revenue/Turnover
754
855
815
925
968
1,145
1,385
1,606
1,550
1,621
1,716
1,706
1,522
1,579
Operating Margin (%)
3.96
2.4
-5.4
0.84
-2.09
2.34
1.95
6.15
-1.28
4.55
2.33
-0.25
-0.69
-0.9
Depreciation Expense
16
24
34
34
33
34
33
35
42
49
53
64
70
- -
Net Income, GAAP
34
18
-40
13
-27
35
7
71
-34
63
2
-37
-49
-57
Effective Tax Rate (%)
22.84
29.08
- -
37.11
- -
16.28
32.19
27.1
- -
24.9
104.73
- -
- -
- -
Profit Margin (%)
4.47
2.15
-4.85
1.41
-2.82
3.05
0.49
4.42
-2.22
3.9
0.13
-2.16
-3.19
-3.59
Working Capital
529
394
293
318
348
393
336
341
147
160
374
271
178
159
LT Debt
- -
- -
- -
- -
- -
- -
- -
14
88
214
237
224
166
141
Total Equity
797
802
748
783
770
806
788
841
798
859
1,191
1,106
1,056
1,042
Return on Invested Capital (%)
3.95
2.35
- -
1.2
- -
4.41
0.75
8.22
- -
5.72
-0.04
- -
- -
- -
Return on Capital (%)
4.27
2.3
- -
1.67
- -
4.39
0.86
8.51
- -
6.04
0.34
- -
- -
- -
Return on Common Equity (%)
4.27
2.3
-5.1
1.71
-3.51
4.43
0.86
8.75
-4.26
7.81
0.23
-3.31
-4.63
-5.43

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
277
274
207
LT Borrowings
146
132
122
LT Finance Leases
20
19
19
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
556
556
556
Market Capitalization
3,957
3,273
2,473

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
869
783
701
Cash, Cash Equivalents & STI
88
179
46
Accounts Receivable, Net
208
154
121
Inventories
500
411
493
Total Current Liabilities
691
592
542
Payables & Accruals
- -
- -
- -
ST Debt
277
274
207
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.18%
5.91%
-4.53%
Free Cash Flow
-237.38%
-145.78%
342.12%
Net Income, GAAP
-203.61%
-444.86%
31.53%
Sales/Revenue/Turnover
6.9%
-0.87%
-10.79%
Total Cash Common Dividend
- -
109.86%
-62.67%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
459
256
427
565
1,706
2025
327
279
- -
553
1,522
2026
471
277
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
-0.04
-0.02
-0.02
-0.07
2025
- -
-0.04
- -
-0.04
-0.09
2026
0.02
-0.05
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.05
0.01
0.01
0.07
2025
- -
0.01
- -
0.01
0.02
2026
- -
0.01
- -
- -
- -

Company Description

CEO
Yong Yan Teng
Full Time Employees
1,897
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
Building 1 Fuzhou FU China 350008
IPO Date
Sep 24, 2012
Business
HaiXin Foods Co., Ltd. (002702.SZ) manufactures and sells quick-frozen and room-temperature processed food products, primarily focused on fish, meat, rice and noodle items, and ready-to-eat dishes in the packaged foods industry. The company's core offerings include quick-frozen fish and meat products such as fish balls, fish tofu, hot pot marumame, and lucky bags; quick-frozen rice and noodle products like egg yolk dumplings, steamed wheat buns, and quicksand buns; quick-frozen dishes including abalone, octopus, squid skewers, and grilled cheese rolls; and room-temperature snack foods such as crab sticks, fish tofu, and fast food Kanto stew, marketed under the Haixin, Yuji, and Baiyaoxuan brands. These products target retail consumers through self-operated stores, third-party e-commerce platforms, and online direct sales, with primary operations in China across four production bases. Founded in 1996 with roots tracing back to the Haixin brand established in 1903, the company is headquartered in Fuzhou, Fujian Province, China, at Building 1, No. 150 Jianxin North Road, Cangshan District, and listed on the Shenzhen Stock Exchange in October 2012. It operates as a key national agricultural industrialization leader and high-tech enterprise, specializing in advanced food engineering and biotechnology for seafood and meat processing. In recent developments, HaiXin Foods repurchased 1.34% of its shares by April 2025 to support shareholder value, opened an official store on the Xiaohongshu e-commerce platform in early 2025 to expand digital sales channels, and began production of new seafood barbecue skewers and beef-lamb rolls at its Zhoushan facility late 2023 to strengthen its position in mid-to-high-end pre-cooked foods. The company pursued strategic acquisitions, including an agreement with Su Sancha to acquire a 68% stake in Jiangsu Baiyao Fresh Food Co., Ltd., and a stake transfer deal for Fujian Changheng Food Co., Ltd. from Guangdong Evergreen Conglomerate, though the latter was subsequently cancelled, reflecting ongoing efforts to broaden its fresh food portfolio. These initiatives aim to counter seasonality and drive growth amid 2025 financial reports showing revenue challenges.