COFCO Joycome Foods Limited (HK:1610)
:1610
Top Page
COFCO Joycome Foods Limited
(1610)
Select Model
Select Model
Rating:45Neutral
Price Target:
HK$1.00
▼(-21.88% Downside)
Action:ReiteratedDate:03/24/26
The score is weighed down primarily by weakening financial performance (margin compression, a swing to losses, reduced operating cash flow, and persistent negative free cash flow) and a technically weak price trend below major moving averages. A low P/E provides some support, but it is not enough to offset deteriorating profitability and cash generation.
Positive Factors
Vertical integration
Owning upstream farming through processing and distribution gives durable operational control over raw-material supply, traceability and margin capture. Vertical integration reduces exposure to spot pork price swings and supplier shortages, supporting steadier operations and long-term cost management.
Negative Factors
Margin compression and earnings swing
A sharp gross-margin collapse and swing to a net loss signal structural pressure on pricing, input costs, or product mix. Sustained margin erosion undermines the firm's ability to fund operations, maintain capex, and invest in growth, increasing vulnerability unless structural cost or pricing improvements occur.
Read all positive and negative factors
Positive Factors
Negative Factors
Vertical integration
Owning upstream farming through processing and distribution gives durable operational control over raw-material supply, traceability and margin capture. Vertical integration reduces exposure to spot pork price swings and supplier shortages, supporting steadier operations and long-term cost management.
Read all positive factors
COFCO Joycome Foods Limited (1610) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$5.86B
Dividend YieldN/A
Average Volume (3M)25.77M
Price to Earnings (P/E)―
Beta (1Y)0.83
Revenue Growth100.45%
EPS Growth2.89%
CountryHK
Employees13,006
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)-0.25
Shares Outstanding4,581,998,500
10 Day Avg. Volume16,498,565
30 Day Avg. Volume25,772,747
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.74
Price to Sales (P/S)0.35
P/FCF Ratio-3.45
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$1.87Price Target Upside45.83% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)<0.01
Revenue Forecast (FY)HK$19.40B
COFCO Joycome Foods Limited Business Overview & Revenue Model
Company Description
COFCO Joycome Foods Limited, an investment holding company, primarily engages in the hog production and sales, and livestock slaughtering businesses in Mainland China. The company operates through four segments: Hog Production, Fresh Pork, Process...
How the Company Makes Money
null...
COFCO Joycome Foods Limited Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
52
Neutral
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 18.10B | 16.33B | 11.57B | 12.90B | 13.23B |
| Gross Profit | 849.10M | 1.99B | 1.22B | 2.25B | 2.99B |
| EBITDA | -100.73M | 1.45B | 591.80M | 2.11B | 2.64B |
| Net Income | -726.57M | 538.22M | -135.68M | 356.67M | -459.70M |
Balance Sheet | |||||
| Total Assets | 21.72B | 20.36B | 16.23B | 18.39B | 18.03B |
| Cash, Cash Equivalents and Short-Term Investments | 609.86M | 1.06B | 1.18B | 1.06B | 1.06B |
| Total Debt | 10.07B | 6.60B | 5.01B | 7.48B | 6.69B |
| Total Liabilities | 12.88B | 10.76B | 6.98B | 10.13B | 9.42B |
| Stockholders Equity | 8.64B | 9.38B | 9.13B | 8.11B | 8.46B |
Cash Flow | |||||
| Free Cash Flow | -1.86B | -1.84B | 1.04B | -985.28M | 1.58B |
| Operating Cash Flow | 164.63M | 651.92M | 2.03B | -6.13M | 3.08B |
| Investing Cash Flow | 3.55B | -1.90B | -742.06M | -923.92M | -1.47B |
| Financing Cash Flow | 3.25B | 743.60M | -1.18B | 944.43M | -983.56M |
COFCO Joycome Foods Limited Technical Analysis
Negative
1.28
Price Trends
1.56
Negative
1.59
Negative
1.67
Negative
Market Momentum
-0.09
Positive
23.69
Positive
3.72
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1610, the sentiment is Negative. The current price of 1.28 is below the 20-day moving average (MA) of 1.50, below the 50-day MA of 1.56, and below the 200-day MA of 1.67, indicating a bearish trend. The MACD of -0.09 indicates Positive momentum. The RSI at 23.69 is Positive, neither overbought nor oversold. The STOCH value of 3.72 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1610.
COFCO Joycome Foods Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | HK$11.81B | 20.25 | 14.12% | 4.45% | ― | ― | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
60 Neutral | HK$106.92M | 1.61 | 11.07% | ― | 37.73% | 150.54% | |
55 Neutral | HK$3.13B | 19.58 | 4.45% | 5.68% | -6.95% | 297.77% | |
47 Neutral | HK$660.52M | -336.79 | -0.08% | ― | 1.59% | -56.45% | |
45 Neutral | HK$5.86B | -8.84 | 6.29% | ― | 100.45% | 2.89% |
* Consumer Defensive Sector Average
HK:1610
COFCO Joycome Foods Limited
1.28
-0.13
-9.22%
HK:3999
Dachan Food (Asia) Limited
0.65
-0.01
-1.52%
HK:1458
Zhou Hei Ya International Holdings Company Limited
1.49
-0.47
-24.10%
HK:1695
S&P International Holding Limited
0.10
0.02
32.00%
HK:2517
Guoquan Food (Shanghai) Company., Ltd. Class H
4.45
2.24
101.36%
COFCO Joycome Foods Limited Corporate Events
COFCO Joycome Swings to 2025 Loss as Hog Prices Slump Despite Revenue Growth
Mar 23, 2026
COFCO Joycome Foods reported a 13.8% rise in 2025 revenue to RMB18.58 billion, driven mainly by higher hog production and a 30.3% increase in fresh pork sales volume despite a 19% drop in average hog selling prices. Branded small-packed fresh pork...
COFCO Joycome Sets March 23 Board Meeting on 2025 Results and Dividend Plan
Mar 11, 2026
COFCO Joycome Foods Limited, a Hong Kong-listed food company under the COFCO umbrella, maintains a diversified board structure with executive, non-executive and independent non-executive directors, reflecting standard Hong Kong corporate governanc...
COFCO Joycome Reports Early 2026 Hog and Branded Pork Metrics
Mar 6, 2026
COFCO Joycome Foods Limited, a Hong Kong-listed integrated pork producer engaged in hog breeding, commercial hog sales and fresh pork processing, continues to build its presence in China’s branded meat market. The group emphasizes vertically...
COFCO Joycome Warns of 2025 Loss on Slump in Hog Prices
Feb 10, 2026
COFCO Joycome Foods Limited has warned investors that it expects to swing to a loss of between RMB230 million and RMB350 million for 2025, before biological asset fair value adjustments, compared with a profit of about RMB259 million a year earlie...
COFCO Joycome Posts December 2025 Operating Data, Branded Pork Tops 30% of Fresh Revenue
Jan 9, 2026
COFCO Joycome Foods Limited reported unaudited key operating data for December 2025, showing monthly hog production of 567,000 heads and cumulative output of 6.033 million heads for the year, alongside an average finishing hog price of RMB11.22 pe...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.