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

• Market Cap: HK$1.13B
• Dividend Yield: 1.45%
• Average Volume (3M): 66.29K
• Price to Earnings (P/E): 49.2
• Beta (1Y): 0.33
• Revenue Growth: -0.82%
• EPS Growth: N/A
• Country: HK
• Employees: 2,400
• Sector: Consumer Defensive
• Sector Strength: 55
• Industry: Packaged Foods
• EPS (TTM): 0.03
• Shares Outstanding: 755,096,560
• 10 Day Avg. Volume: 43,587
• 30 Day Avg. Volume: 66,286
• 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: HK$1.49
• Price Target Upside: 0.09% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: HK$1.50 ▲(0.67%Upside)

The stock's overall score is driven by a solid financial performance and positive technical indicators. However, high valuation metrics and potential overbought conditions present risks. The company's strong cash position and stable financial health are key strengths, but investors should be cautious of the elevated P/E ratio which suggests limited upside.

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

Company Description

Qinqin Foodstuffs Group (Cayman) Company, established in the People's Republic of China, is a prominent player in the food manufacturing industry. The company specializes in producing and selling a wide array of food products, including snack foods, confectionery, and convenience foods. Qinqin Foodstuffs is renowned for its innovative approach to product development, catering to diverse consumer preferences across various regions.

How the Company Makes Money

Qinqin Foodstuffs Group generates its revenue primarily through the manufacturing and sale of its diverse range of food products. The company capitalizes on its extensive distribution network to reach both domestic and international markets. Key revenue streams include the sale of snack foods, which remain a staple in the company's product lineup, as well as confectionery and convenience foods. The company also benefits from strategic partnerships and collaborations that enhance its product offerings and market reach. Additionally, continuous investment in marketing and brand development plays a significant role in driving sales and expanding its consumer base.

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
EBITDA	95.45M	79.52M	77.24M	3.35M	60.23M
Net Income	21.13M	-2.00M	-1.39M	-80.90M	17.66M
Balance Sheet
Total Assets	1.94B	1.96B	2.06B	1.92B	1.84B
Cash, Cash Equivalents and Short-Term Investments	589.55M	523.12M	521.07M	469.37M	702.01M
Total Debt	172.47M	299.46M	234.78M	103.84M	77.96M
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: Positive
• Last Price: 1.49
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1583, the sentiment is Positive. The current price of 1.49 is above the 20-day moving average (MA) of 1.25, above the 50-day MA of 1.22, and above the 200-day MA of 1.08, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 65.16 is Neutral, neither overbought nor oversold. The STOCH value of 94.05 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	79 Outperform	HK$1.69B	8.20	12.91%	5.19%	9.63%	20.08%
3838	71 Outperform	HK$1.16B	2.21	12.45%	5.05%	-5.08%	359.16%
1767	71 Outperform	HK$335.00M	9.08	8.18%	0.68%	>-0.01%	16.04%
1285	68 Neutral	HK$427.45M	7.24	5.59%	9.80%	4.97%	-16.24%
1583	66 Neutral	HK$1.13B	49.17	1.74%	1.45%	-0.82%	―
Sector *	61 Neutral	HK$19.79B	11.88	0.81%	5.13%	2.72%	-47.45%
1262	47 Neutral	HK$417.17M	―	-42.82%	―	10.98%	29.31%

Qinqin Foodstuffs Group (Cayman) Company Corporate Events

Qinqin Foodstuffs Group Establishes Nomination Committee

Qinqin Foodstuffs Group (Cayman) Company Limited has established a Nomination Committee in compliance with the Corporate Governance Code under the Hong Kong Stock Exchange’s listing rules. This committee is responsible for reviewing the board’s structure, identifying suitable candidates for board membership, and ensuring diversity and independence among directors. The committee is empowered to seek independent professional advice and is provided with sufficient resources to fulfill its duties.

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.