COFCO Joycome Foods Limited (1610) AI Stock Analysis

• Market Cap: HK$7.61B
• Dividend Yield: N/A
• Average Volume (3M): 25.77M
• Price to Earnings (P/E): 11.7
• Beta (1Y): 0.80
• Revenue Growth: 100.45%
• EPS Growth: 2.89%
• Country: HK
• Employees: 13,006
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.08
• Shares Outstanding: 4,581,998,500
• 10 Day Avg. Volume: 16,498,565
• 30 Day Avg. Volume: 25,772,747
• PEG Ratio: -0.02
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 0.37
• P/FCF Ratio: -3.24
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: HK$1.50 ▼(-2.60% Downside)

The overall stock score of 58 reflects a combination of mixed financial performance, bearish technical indicators, and reasonable valuation. The most significant factor is the financial performance, which shows both strengths in profitability and challenges in cash flow management. Technical analysis indicates a bearish trend, which is a concern for short-term investors. Valuation is relatively attractive, but the lack of a dividend yield may deter some investors.

Positive Factors

Business Model Strength

The company's robust supply chain and innovative production methods provide a competitive edge, ensuring efficient operations and high-quality product delivery, which are crucial for long-term success in the food industry.

Revenue Growth

Significant revenue growth reflects the company's ability to expand its market reach and increase sales volume, which is essential for sustaining long-term business growth and competitiveness.

Profitability Improvements

Improved return on equity indicates enhanced profitability, suggesting effective management and operational strategies that can support sustainable growth and shareholder value.

Negative Factors

Cash Flow Variability

Inconsistent cash flow can strain the company's ability to fund operations and growth initiatives, potentially impacting its financial stability and investment capacity over the long term.

Operational Efficiency

Volatile operational efficiency, as seen in fluctuating margins, suggests challenges in cost management and operational execution, which could hinder the company's ability to maintain profitability.

Cash Generation Challenges

Challenges in generating consistent cash flow may limit the company's ability to invest in growth opportunities and meet financial obligations, affecting its long-term financial health.

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, Processed Meat Products, and Meat Import. It is also involved in the production of feed; slaughtering, wholesale, and retail sale of fresh and frozen meats; manufacture, wholesale, and retail sale of processed meat products and fresh pork under the Maverick and Joycome brands; and sale of imported meat products, including pork, beef, poultry, and mutton, as well as by-products. The company was formerly known as COFCO Meat Holdings Limited and changed its name to COFCO Joycome Foods Limited in October 2020. COFCO Joycome Foods Limited was founded in 2002 and is headquartered in Beijing, the People's Republic of China.

How the Company Makes Money

COFCO Joycome Foods Limited generates revenue through multiple key streams, including the sale of its processed food products to both domestic and international markets. The company's primary revenue model is based on direct sales to retailers, wholesalers, and food service providers. It also benefits from strategic partnerships with major retailers and distributors, enhancing its market reach and brand visibility. Additionally, the firm engages in exporting its products, which contributes significantly to its earnings. The company invests in product innovation and marketing, which further drives consumer demand and increases sales volume, ultimately bolstering its revenue growth.

COFCO Joycome Foods Limited Financial Statement Overview

Summary

COFCO Joycome Foods Limited shows a mixed financial performance. While there are improvements in profitability and a stable balance sheet, cash flow variability and inconsistent operational efficiency present challenges. Continued focus on cost management and cash flow stabilization will be crucial for future growth.

Income Statement

COFCO Joycome Foods Limited has experienced fluctuating revenue trends, with a notable decline in 2020 but a recovery thereafter. Gross profit margins have shown variability, reflecting cost management challenges. While the net profit margin improved significantly in 2024 from a negative position in 2023, EBIT and EBITDA margins have been inconsistent, indicating potential volatility in operational efficiency.

Balance Sheet

The company's balance sheet shows a stable equity position with a modest increase over the years. The debt-to-equity ratio is moderate, suggesting a balanced approach to leveraging. Return on equity has improved, reflecting better profitability in 2024, while the equity ratio remains stable, indicating a solid asset base.

Cash Flow

Cash flow analysis reveals challenges in sustaining positive free cash flow, with notable fluctuations over the years. Operating cash flow has been inconsistent, and there were periods of negative free cash flow, indicating potential strains in cash generation and investment needs.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	20.72B	16.33B	11.57B	12.90B	13.23B	18.92B
Gross Profit	3.25B	1.99B	1.22B	2.25B	2.99B	7.05B
EBITDA	2.56B	1.45B	591.80M	2.11B	2.64B	6.46B
Net Income	603.51M	538.22M	-135.68M	356.67M	-459.70M	4.00B
Balance Sheet
Total Assets	21.17B	20.36B	16.23B	18.39B	18.03B	20.56B
Cash, Cash Equivalents and Short-Term Investments	635.71M	1.06B	1.18B	1.06B	1.06B	430.97M
Total Debt	8.64B	6.60B	5.01B	7.48B	6.69B	8.82B
Total Liabilities	11.25B	10.76B	6.98B	10.13B	9.42B	10.98B
Stockholders Equity	9.70B	9.38B	9.13B	8.11B	8.46B	9.41B
Cash Flow
Free Cash Flow	-671.88M	-1.84B	1.04B	-985.28M	1.58B	1.22B
Operating Cash Flow	1.30B	651.92M	2.03B	-6.13M	3.08B	2.96B
Investing Cash Flow	-1.38B	-1.90B	-742.06M	-923.92M	-1.47B	-1.72B
Financing Cash Flow	236.22M	743.60M	-1.18B	944.43M	-983.56M	-1.46B

COFCO Joycome Foods Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.54
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: 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 1.54 is below the 20-day moving average (MA) of 1.61, below the 50-day MA of 1.67, and below the 200-day MA of 1.64, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 30.33 is Neutral, neither overbought nor oversold. The STOCH value of 8.12 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2517	66 Neutral	HK$10.62B	30.60	10.58%	4.71%	―	―
1695	63 Neutral	HK$104.76M	4.16	11.24%	―	37.73%	150.54%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
1610	58 Neutral	HK$7.61B	11.67	6.29%	―	100.45%	2.89%
1458	58 Neutral	HK$3.89B	20.31	4.81%	5.92%	-6.95%	297.77%
3999	54 Neutral	€630.04M	76.54	0.34%	―	1.59%	-56.45%

COFCO Joycome Foods Limited Corporate Events

COFCO Joycome Foods Reports October 2025 Operational Data

COFCO Joycome Foods Limited has released its unaudited key operating data for October 2025, highlighting a hog production volume of 585,000 heads and a fresh pork sales volume of 32,300 tons. The average price for finishing hogs decreased to RMB 11.58 per kg, while branded fresh pork revenue accounted for 34.52% of total fresh pork revenue. These figures indicate a strategic emphasis on branded products and reflect the company’s operational performance in a competitive market.

COFCO Joycome Foods Reports September 2025 Operating Data

COFCO Joycome Foods Limited announced its key operating data for September 2025, revealing a hog production volume of 468,000 heads and a fresh pork sales volume of 29,000 tons. The average price for finishing hogs was RMB 12.93 per kg, and branded fresh pork revenue accounted for 32.40% of total fresh pork revenue. These figures, although unaudited, indicate a slight decrease in hog prices and a stable contribution from branded products, which could impact the company’s market positioning and stakeholder interests.

COFCO Joycome Foods Reports August 2025 Operational Data

COFCO Joycome Foods Limited announced its key operating data for August 2025, highlighting a hog production volume of 498,000 heads and a fresh pork sales volume of 27,200 tons. The company reported a decrease in the average price for finishing hogs to RMB 13.39 per kg, while the branded fresh pork revenue accounted for 34.74% of the total fresh pork revenue. These figures, although unaudited, suggest a stable production and sales performance, with a notable increase in the proportion of branded fresh pork revenue, indicating a potential strategic focus on branded products.