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Operator of wholesale agricultural-produce markets across China, including Shenzhen's major fresh-food trading hub.
Operator of wholesale agricultural-produce markets across China, including Shenzhen's major fresh-food trading hub.
Collects rent and fees from wholesalers and stallholders in the markets it owns or runs, and has grown by acquiring or taking over markets in other Chinese cities. Shenzhen's city government is its controlling shareholder.
In one line: A Chinese wholesale food-market operator, like a listed Hunts Point Market.
Moat: narrow (regulatory licence, installed base). Owns long-standing market locations and land-use rights that vendors depend on for trading access.
Headquarters: Shenzhen, China · Employees: 4,828
Size Shenzhen Agricultural Products (000061.SZ) is a China Consumer Staples company (Agricultural Commodities/Milling) with a market value of $1.63B, the 1523rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.75 on 6 Nov 2026.
Performance Over six months the shares fell 22.1%, against -4.4% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 20 in its peer set.
Growth Revenue fell 22.5% over the last twelve months (peer median +1.6%); the operating margin is 12.4% (peer median 5.6%).
Valuation It trades at 26.1× forward earnings against a peer median of 12.9× (2nd most expensive of 15).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -11 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.7 points below its cost of capital (6.2% WACC).
Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.50B | CN¥6.51B | CN¥5.74B | CN¥5.48B | CN¥4.34B |
| Revenue growth | — | +13% | +5% | +26% | — |
| Gross profit | CN¥1.85B | CN¥1.41B | CN¥1.45B | CN¥1.50B | CN¥1.15B |
| EBITDA | n/a | CN¥1.29B | CN¥1.29B | CN¥1.33B | CN¥1.08B |
| Net income | CN¥455M | CN¥372M | CN¥386M | CN¥449M | CN¥202M |
| Free cash flow | CN¥713M | -CN¥322M | -CN¥459M | CN¥539M | CN¥510M |
| Capital expenditure | CN¥697M | CN¥1.32B | CN¥1,000M | CN¥515M | CN¥375M |
| Total debt | CN¥6.66B | CN¥7.13B | CN¥7.21B | CN¥7.17B | CN¥7.11B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Shenzhen Agricultural Products 000061.SZ | $1.63B | -22% | -22% | 12% | 26.1× | 4.2% |
| Zhejiang China Commodities City 600415.SS | $10.0B | -7% | +22% | 22% | 14.4× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000061.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.2% | -4.0% | 11th highest of 21 |
| 6-month return | -22.1% | -4.4% | 6th lowest of 20 |
| Distance from 52-week high | -47.0% | -25.0% | 2nd lowest of 21 |
| Revenue growth (TTM) | -22.5% | +1.6% | lowest of 21 |
| Operating margin | 12.4% | 5.6% | 5th highest of 21 |
| Forward P/E | 26.1× | 12.9× | 2nd most expensive of 15 |
| Growth the price implies (Req g, 7 yrs) | 4.2% | 8.0% | 5th least demanding of 12 |
| Growth delivered (Del g) | +15.6% | +10.3% | 2nd highest of 12 |
| Hurdle (Req g minus delivered) | -11.3 pp | +4.8 pp | 3rd least demanding of 12 |
| ROIC minus cost of capital | -1.7 pp | -2.1 pp | 11th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shenzhen Agricultural Products 000061.SZ | China | $1.63B | -22% | -22% | 12% | 26.1× | 4.2% | +15.6% |
| Liuliumei 6658.HK | Hong Kong | $1.58B | n/a | +6% | 12% | n/a | n/a | n/a |
| LT Foods LTFOODS.NS | India | $1.55B | -3% | +24% | 8% | 12.8× | 25.7% | +18.2% |
| Tecon Biology 002100.SZ | China | $1.72B | +6% | -8% | -5% | n/a | n/a | n/a |
| Jiangsu Provincial Agricultural Reclamation & Dev 601952.SS | China | $1.72B | -16% | -5% | 4% | 20.1× | -2.2% | +3.2% |
| Shandong Yisheng Livestock & Poultry Breeding 002458.SZ | China | $1.54B | -16% | +15% | 17% | 18.2× | 6.3% | +11.1% |
| Balrampur Chini Mills BALRAMCHIN.NS | India | $1.50B | +28% | +11% | 9% | 19.5× | n/a | n/a |
| Yuan Longping High-Tech Agriculture 000998.SZ | China | $1.77B | -11% | -5% | 5% | 46.5× | n/a | n/a |
| Kernel KER.WA | Poland | $1.47B | 0% | -1% | 5% | 5.4× | 8.0% | -5.4% |
| Uie UIE.CO | Denmark | $1.81B | +5% | +12% | 37% | n/a | -13.0% | +13.1% |
| BioMar Group A/S BIOMAR.CO | Denmark | $1.83B | -37% | 0% | 6% | 13.0× | -2.0% | -0.5% |
| Beijing Dbn Technology 002385.SZ | China | $1.86B | -23% | -1% | -6% | n/a | n/a | n/a |
| Bumitama Agri P8Z.SI | Singapore | $1.87B | -25% | +9% | 25% | 9.0× | -15.2% | +12.9% |
| China Modern Dairy 1117.HK | Hong Kong | $1.37B | +3% | +5% | -15% | 12.5× | n/a | n/a |
| Beijing Shunxin Agriculture 000860.SZ | China | $1.36B | -4% | -20% | -5% | n/a | n/a | n/a |
| Adecoagro AGRO | United States | $1.30B | -31% | +7% | 2% | 5.3× | 37.5% | +12.1% |
| Del Monte DMC | United States | $1.29B | -27% | +1% | 4% | 12.1× | n/a | n/a |
| Great Wall Enterprise 1210.TW | Taiwan | $1.28B | -4% | +2% | 4% | 12.0× | n/a | n/a |
| Genus GNS.L | United Kingdom | $2.07B | +5% | -2% | 13% | 23.0× | 17.9% | +2.8% |
| Lien Hwa Industrial 1229.TW | Taiwan | $2.12B | -6% | -3% | 9% | n/a | 21.5% | +7.3% |
| Godrej Agrovet GODREJAGRO.NS | India | $1.23B | +3% | +9% | 6% | 21.7× | 15.1% | +10.3% |