Tianjin Guifaxiang Mahua Food Group Co., Ltd. Class A

Tianjin Guifaxiang Mahua Food Group Co., Ltd. Class A

SSZSE:002820
9.26
CNY
-0.17
(-1.80%)
1.69BMarket Cap
Tianjin Guifaxiang Mahua Food Group Co., Ltd. Class A
SZSE:002820
(Shenzhen Stock Exchange)

Recent

price

9.26

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
2.51
2.75
3.02
2.99
2.98
2.9
2.36
2.34
2.52
1.67
2.09
1.18
2.48
2.56
2.5
- -
Revenue per Share
0.36
0.37
0.55
0.56
0.61
0.58
0.45
0.41
0.42
0.12
0.11
-0.35
0.3
0.14
-0.13
- -
Basic EPS, GAAP
- -
- -
0.42
- -
0.26
0.25
0.17
0.24
0.24
0.05
0.25
-0.14
0.46
-0.62
0.13
- -
Free Cash Flow per Basic Share
0.32
0.2
0.12
0.2
0.14
0.2
0.16
0.19
0.2
0.19
0.16
0.15
0.15
0.2
0.16
- -
Dividend per Share
1.48
1.47
1.89
2.32
2.8
4.77
5.07
5.29
5.26
5.19
5.14
4.74
4.89
4.58
4.31
4.14
Book Value per Share
1.45
1.32
1.59
2.03
2.53
4.57
4.88
5.1
5.05
4.98
4.95
4.54
4.7
4.39
4.13
3.96
Tangible Book Value per Share
138
155
153
154
154
158
206
205
201
209
194
201
203
193
189
192
Basic Weighted Avg Shares
347
425
462
460
457
458
486
481
507
349
405
236
504
496
471
- -
Sales/Revenue/Turnover
20.19
21.38
25.75
24.95
26.83
23.97
19.31
17.36
16.2
1.66
4.6
-34.3
11.39
4.4
-5.53
- -
Operating Margin (%)
- -
- -
8
9
8
7
10
11
11
11
36
36
36
37
42
- -
Depreciation Expense
50
57
84
87
94
92
93
84
85
25
21
-70
61
27
-25
- -
Net Income, GAAP
29.66
30.65
25.47
25.25
24.89
25.37
24.28
23.39
22.43
29.95
24.49
- -
10.51
7.27
- -
- -
Effective Tax Rate (%)
14.39
13.42
18.22
18.8
20.57
20.06
19.05
17.5
16.67
7.18
5.25
-29.5
12.11
5.46
-5.21
- -
Profit Margin (%)
136
113
136
85
146
670
665
706
686
704
702
626
669
455
412
390
Working Capital
1
1
1
- -
- -
- -
- -
- -
- -
46
33
25
18
25
28
25
LT Debt
205
225
290
356
431
978
1,038
1,084
1,078
1,062
1,054
951
982
920
866
832
Total Equity
- -
22.81
30.18
25.99
23.15
11.43
8.61
7.62
7.49
2.36
1.83
- -
5.98
2.59
- -
- -
Return on Invested Capital (%)
- -
24.26
31.65
26.75
23.85
13.26
9.19
7.92
7.83
2.27
2.09
- -
6.22
2.89
- -
- -
Return on Capital (%)
- -
26.51
32.69
26.77
23.92
13.03
9.19
7.93
7.83
2.34
2.01
-6.96
6.31
2.85
-2.75
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
16
15
15
LT Borrowings
- -
- -
- -
LT Finance Leases
28
29
25
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
201
201
201
Market Capitalization
2,420
2,197
1,687

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
469
478
465
Cash, Cash Equivalents & STI
387
394
395
Accounts Receivable, Net
10
18
10
Inventories
51
46
41
Total Current Liabilities
57
50
75
Payables & Accruals
- -
- -
- -
ST Debt
16
15
15
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.63%
-3.89%
-5.85%
Free Cash Flow
-64.97%
-119.79%
-121.08%
Net Income, GAAP
-95.68%
-175.26%
-190.59%
Sales/Revenue/Turnover
6.07%
16.23%
-4.93%
Total Cash Common Dividend
- -
- -
-25%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
160
108
135
93
496
2025
146
103
- -
94
471
2026
147
92
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.02
0.07
-0.04
0.14
2025
0.03
-0.05
- -
-0.13
-0.13
2026
0.04
-0.07
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.2
2025
- -
- -
- -
- -
0.16
2026
- -
- -
- -
- -
- -
Business
Tianjin Guifaxiang 18th Street Mahua Food Co., Ltd. (002820.SZ) engages in the research, development, production and sale of traditional Chinese specialty snacks and other food products primarily in China. The company offers core products including its flagship 18th Street Mahua fried dough twists renowned for incorporating shi jin fillings that achieve a crispy yet firm texture with even distribution; pastries; moon cakes such as the award-winning traditional Jing-style di jiang five仁 varieties and large-format团圆家饼; traditional sweet dumplings and rice dumplings; Tianjin-style instant and convenience foods; sweet chestnuts featuring sugar-fried and ready-to-eat formats sourced from Yanshan Mountains; nuts; and OEM manufacturing services. Products distribute through general distributors, supermarkets, convenience stores, specialty food outlets in tourist areas and online channels, with Tianjin serving as the primary market and operations spanning domestic China. Founded as a heritage brand tracing origins to 1927 when Liu Laoba established the Gui Faxiang shop on Tianjin's 18th Street though formally incorporated in 1994, the company maintains headquarters at No. 32 Dongting Road, Hexi District, Tianjin, China, and employs approximately 1,107 staff. In recent developments, the company completed a share repurchase program in March 2024 acquiring 5.525 million shares or 2.75% of its capital for CNY 50 million to optimize capital structure; approved a final cash dividend for fiscal 2024 payable June 13, 2025; appointed Jian Long as CEO in May 2024 alongside board changes including new independent directors; and continues modernization investments amid revenue stabilization around CNY 496 million in 2024 while focusing on preserving traditional recipes amid competitive pressures in the packaged foods sector.