1. China Stocks

  2. •

    Consumer non-durables

  3. •

    Food: meat/fish/dairy
Zhejiang Huatong Meat Products Co., Ltd. Class A

Zhejiang Huatong Meat Products Co., Ltd. Class A

SSZSE:002840
7.53
CNY
-0.01
(-0.13%)
-0.85EPS
5.85BMarket Cap
Oct 28Next Earn
Zhejiang Huatong Meat Products Co., Ltd. Class A
SZSE:002840
(Shenzhen Stock Exchange)

Recent

price

7.53

P/E

ratio

- -

div

yld

2.21%

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
5.88
5.64
5.74
5.32
6.03
12.45
11.2
11.93
18.14
20.28
19.07
20.47
14.61
14.94
10.68
9.79
Revenue per Share
0.22
0.22
0.22
0.27
0.23
0.29
0.28
0.35
0.31
0.31
-0.44
0.19
-1.03
0.12
-0.18
-0.82
Basic EPS, GAAP
-0.14
-0.09
-0.13
-0.29
-0.42
0.44
0.13
-0.17
-1.04
-2.87
-4.52
-1.64
-0.97
-0.59
-0.16
- -
Free Cash Flow per Basic Share
0.05
0.06
0.12
0.09
0.14
0.11
0.06
0.08
0.07
0.13
0.28
0.36
0.28
0.28
0.2
0.17
Dividend per Share
1.21
1.43
1.6
2.1
2.27
2.51
2.73
3.03
3.34
3.81
3.38
4.41
3.37
3.76
4.78
4.19
Book Value per Share
1.16
1.25
1.42
1.83
1.69
1.96
2.28
2.46
2.74
3.11
2.65
3.84
2.8
3.24
4.37
3.8
Tangible Book Value per Share
264
262
262
306
322
321
421
429
425
436
437
462
587
609
756
786
Basic Weighted Avg Shares
1,554
1,477
1,503
1,630
1,944
3,992
4,715
5,118
7,706
8,836
8,342
9,452
8,578
9,092
8,072
7,690
Sales/Revenue/Turnover
4.42
3.96
4.23
4.89
3.67
2.28
2.48
3.53
2.48
2.02
0.68
3.92
-3.41
3.34
0.92
-4.39
Operating Margin (%)
16
21
26
30
36
62
64
75
100
126
258
405
450
463
578
- -
Depreciation Expense
60
58
57
82
75
92
118
150
132
135
-192
88
-605
73
-136
-642
Net Income, GAAP
2.25
1.86
1.54
1.5
1.94
1.11
4.24
5.09
4.22
4.91
- -
6.93
- -
- -
- -
- -
Effective Tax Rate (%)
3.83
3.92
3.77
5.01
3.87
2.31
2.51
2.93
1.71
1.53
-2.31
0.93
-7.05
0.8
-1.69
-8.34
Profit Margin (%)
118
150
80
138
-22
14
236
175
-126
-20
-1,008
-456
-1,541
-1,562
-1,169
-1,538
Working Capital
37
63
69
85
107
86
34
182
175
1,142
2,287
2,046
2,138
1,870
1,005
1,037
LT Debt
329
397
441
702
777
849
1,234
1,439
1,687
2,228
2,115
3,346
2,255
2,624
3,985
3,462
Total Equity
- -
6.97
4.9
6.2
4.12
5.45
9.42
10.68
7.23
4.93
- -
1.86
- -
- -
- -
- -
Return on Invested Capital (%)
- -
11.98
10.19
10.86
8.01
9.57
9.63
8.45
5.49
4.2
- -
3.33
- -
- -
- -
- -
Return on Capital (%)
- -
16.62
14.2
14.89
10.69
11.97
11.97
12.17
9.46
8.47
-11.85
4.16
-25.49
3.24
-4.34
-22.16
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,370
3,662
4,016
LT Borrowings
868
931
888
LT Finance Leases
137
148
149
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
802
802
802
Market Capitalization
7,717
8,647
5,848

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,475
3,434
3,714
Cash, Cash Equivalents & STI
1,651
1,694
1,996
Accounts Receivable, Net
53
65
61
Inventories
1,360
1,225
1,235
Total Current Liabilities
4,644
4,787
5,252
Payables & Accruals
- -
- -
- -
ST Debt
3,370
3,662
4,016
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.93%
17.75%
51.86%
Free Cash Flow
6.04%
-26.28%
-65.93%
Net Income, GAAP
-150.75%
-315.14%
-286.23%
Sales/Revenue/Turnover
19.05%
-1.35%
-11.22%
Total Cash Common Dividend
20.78%
27.48%
-13.67%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,996
2,169
2,320
2,607
9,092
2025
2,079
2,165
- -
1,984
8,072
2026
1,865
1,676
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.26
0.06
0.29
0.03
0.12
2025
0.05
0.06
- -
-0.26
-0.18
2026
-0.3
-0.3
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.08
0.07
0.05
0.28
2025
0.06
0.06
- -
0.03
0.2
2026
0.04
0.03
- -
- -
- -
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Business
Zhejiang Huatong Meat Products Co., Ltd. (002840.SZ) operates as an integrated meat processing company focused on pork production, slaughtering, and distribution. The company produces and sells fresh and frozen pork products, including pork carcasses, cuts such as ribs, bellies, and loins, as well as processed items like sausages, ham, and bacon under its Huatong brand; it also engages in pig breeding, feed production, and cold chain logistics services. Headquartered in Jinhua, Zhejiang Province, China, and founded in 1999, Huatong serves domestic markets primarily in eastern and southern China, with operations concentrated in the pork supply chain from farming to retail. Huatong maintains pig farming operations with its own breeding bases and contracts with farmers for live hog supply, alongside meat processing facilities capable of high-volume slaughtering. Its product portfolio encompasses branded fresh meat series, quick-frozen products, and value-added ready-to-eat items distributed through supermarkets, wholesalers, and e-commerce channels. The company emphasizes food safety standards and traceability in its supply chain, targeting urban consumers and foodservice sectors in China. In recent developments, Huatong expanded its production capacity through investments in new slaughtering and processing plants in 2024, enhancing its annual pork processing volume to over 2 million tons. The company formed strategic partnerships with leading feed suppliers and veterinary firms to bolster biosecurity measures amid African Swine Fever recovery efforts. Additionally, Huatong launched new product lines of low-fat, health-oriented pork items and pursued overseas market entry via exports to Southeast Asia in late 2024.