Qinqin Foodstuffs Group (Cayman) Company (1583) AI Stock Analysis

• Market Cap: $974.07M
• Dividend Yield: N/A
• Average Volume (3M): 70.47K
• Price to Earnings (P/E): 39.6
• Beta (1Y): 0.34
• Revenue Growth: -0.82%
• EPS Growth: N/A
• Country: HK
• Employees: 2,400
• Sector: Consumer Defensive
• Sector Strength: 63
• Industry: Packaged Foods
• EPS (TTM): 0.03
• Shares Outstanding: 755,096,560
• 10 Day Avg. Volume: 46,019
• 30 Day Avg. Volume: 70,469
• PEG Ratio: 7.87
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -12.30
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: HK$1.50 ▲(25.00%Upside)

Qinqin Foodstuffs Group's stock score is driven primarily by strong financial performance and positive technical indicators. The company's solid cash flow and financial stability are significant strengths. However, the high P/E ratio and overbought technical indicators present risks that could limit further gains. The absence of earnings call insights and corporate events leaves the score reliant on the available financial and market data.

Qinqin Foodstuffs Group (Cayman) Company Business Overview & Revenue Model

Company Description

Qinqin Foodstuffs Group (Cayman) Company Limited, an investment holding company, manufactures, sells, and distributes food and snacks products in the People's Republic of China. The company operates through four segments: Jelly Products, Crackers and Chips, Seasoning Products, and Confectionery and Other Products. It offers jelly products, crackers and chips, seasoning products, sesame candy, chocolate, dried fruits, nuts, biscuits, bakery, dried meat, vegetarian snacks, and other food and snacks products under the Qinqin, Shangerry, and A Snack Shop brands. The company also manufactures, sells, and distributes rice wine and beverage products. In addition, it is involved in the trading and online trading activities. The company was founded in 1990 and is headquartered in Jinjiang, China.

How the Company Makes Money

Qinqin Foodstuffs Group generates revenue primarily through the sale of its diverse snack food products. The company's revenue streams are driven by its extensive distribution network, which facilitates the reach of its products across multiple retail channels in China. Key revenue contributors include its jelly products, crackers, and potato chips, which are popular among consumers. Additionally, the company may engage in strategic partnerships with retailers and distributors to enhance market penetration and brand visibility, further boosting sales. Efficient supply chain management and product innovation are also crucial factors that contribute to the company's profitability.

Qinqin Foodstuffs Group (Cayman) Company Financial Statement Overview

Summary

Qinqin Foodstuffs Group shows consistent revenue growth and improving profitability, with strong cost management reflected in a gross profit margin of 28.3%. The balance sheet is solid with a low debt-to-equity ratio of 0.14, indicating low financial risk. Cash flow has improved significantly, supporting future investments. However, historical volatility in EBIT margins suggests potential operational efficiency challenges.

Income Statement

Qinqin Foodstuffs Group has shown consistent revenue growth over the years, with a recent improvement in profitability metrics such as net profit margin and EBIT margin. The gross profit margin stands at approximately 28.3% for 2024, indicating strong cost management. The revenue growth rate is 1.52% from 2023 to 2024, demonstrating a stable upward trend. However, historical EBIT margins have been volatile, which could indicate challenges in operational efficiency.

Balance Sheet

The company maintains a solid equity base with a healthy equity ratio of approximately 62.8%, suggesting strong financial stability. The debt-to-equity ratio is low at 0.14, indicating conservative use of leverage, which reduces financial risk. Return on equity (ROE) is modest at 1.73%, showing room for improvement in utilizing equity effectively for profit generation.

Cash Flow

Qinqin Foodstuffs Group has experienced significant improvement in free cash flow, with a substantial positive shift from negative figures in prior years. The operating cash flow to net income ratio is robust, indicating efficient cash generation relative to net earnings. Furthermore, free cash flow to net income ratio is favorable, highlighting a strong cash position that supports future investments and financial flexibility.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
996.50M	981.57M	957.57M	860.25M	792.83M
	Gross Profit
282.07M	258.86M	247.32M	214.34M	251.12M
	EBIT
20.16M	-2.77M	2.00M	-33.81M	24.45M
	EBITDA
95.45M	79.52M	77.24M	3.35M	60.23M
	Net Income Common Stockholders
21.13M	-2.00M	-1.39M	-80.90M	17.66M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
589.55M	523.12M	521.07M	469.37M	702.01M
	Total Assets
1.94B	1.96B	2.06B	1.92B	1.84B
	Total Debt
172.47M	299.46M	234.78M	103.84M	77.96M
	Net Debt
-415.08M	-221.27M	-251.84M	-313.72M	-567.11M
	Total Liabilities
724.00M	762.74M	822.03M	648.82M	506.97M
	Stockholders Equity
1.22B	1.20B	1.23B	1.27B	1.34B
Cash Flow		Free Cash Flow
172.00M	-88.72M	-87.31M	-276.28M	-194.70M
	Operating Cash Flow
257.25M	18.69M	239.13M	29.96M	22.53M
	Investing Cash Flow
-154.33M	-55.18M	-318.58M	-255.52M	-412.08M
	Financing Cash Flow
-119.83M	64.28M	130.65M	71.99M	216.98M

Qinqin Foodstuffs Group (Cayman) Company Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1583, the sentiment is Neutral. The current price of 1.2 is below the 20-day moving average (MA) of 1.24, above the 50-day MA of 1.15, and above the 200-day MA of 1.06, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 47.92 is Neutral, neither overbought nor oversold. The STOCH value of 32.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1583.

Qinqin Foodstuffs Group (Cayman) Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1837	81 Outperform	HK$1.69B	8.20	12.91%	5.19%	9.63%	20.08%
1767	70 Outperform	HK$310.00M	8.40	8.18%	0.74%	>-0.01%	16.04%
3838	69 Neutral	HK$1.11B	2.12	12.45%	41.36%	-5.08%	359.16%
1285	68 Neutral	HK$415.00M	7.03	5.59%	78.49%	4.97%	-16.24%
1583	66 Neutral	$974.07M	39.60	1.74%	―	-0.82%	―
Sector *	65 Neutral	$8.76B	15.22	4.69%	4.58%	3.64%	-2.90%
1262	39 Underperform	HK$589.72M	―	-42.82%	―	10.98%	29.31%

Qinqin Foodstuffs Group (Cayman) Company Corporate Events

Qinqin Foodstuffs Group AGM Resolutions Passed and Director Retirement Announced

Qinqin Foodstuffs Group announced that all resolutions proposed at their Annual General Meeting on May 16, 2025, were approved by shareholders. Notably, Mr. WU Huolu retired as a non-executive director, and several directors were re-elected. The approval of resolutions, including the declaration of a final dividend and the reappointment of auditors, signifies strong shareholder support and may positively impact the company’s governance and financial strategies.

Qinqin Foodstuffs Group Announces Board Composition and Roles

Qinqin Foodstuffs Group has announced the composition of its board of directors, detailing the roles and functions of each member. This update provides clarity on the governance structure, which could impact the company’s strategic direction and decision-making processes, potentially influencing investor confidence and stakeholder engagement.

Qinqin Foodstuffs Group Announces Annual General Meeting and Key Resolutions

Qinqin Foodstuffs Group (Cayman) Company Limited has announced its upcoming annual general meeting scheduled for May 16, 2025, in Hong Kong. The agenda includes reviewing the financial statements for the year ending December 31, 2024, declaring a final dividend, re-electing directors, re-appointing the auditor, and considering a resolution to authorize the repurchase of up to 10% of the company’s shares. This meeting is crucial for stakeholders as it addresses key governance and financial decisions that could impact the company’s market operations and shareholder value.