Employees: 468
Size Qingdao Foods (001219.SZ) is a China Consumer Staples company (Food: Major Diversified) with a market value of $656M, the 3226th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥22.49 on 6 Nov 2026.
Performance Over six months the shares gained 42.4%, against -15.1% for the median peer and -16.4% for the China market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 3.0% over the last twelve months (peer median +3.2%); the operating margin is 22.7% (peer median 7.2%).
Valuation It trades at 6.3× enterprise value to sales against a peer median of 1.0× (most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is +5 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 24.9 points above its cost of capital (5.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥571M | CN¥542M | CN¥522M | CN¥486M | CN¥491M |
| Revenue growth | — | +4% | +7% | -1% | — |
| Gross profit | CN¥242M | CN¥210M | CN¥183M | CN¥145M | CN¥153M |
| EBITDA | n/a | CN¥128M | CN¥119M | CN¥94.6M | CN¥98.4M |
| Net income | CN¥120M | CN¥111M | CN¥97.5M | CN¥86.1M | CN¥91.4M |
| Free cash flow | CN¥66.5M | CN¥107M | CN¥106M | CN¥91.7M | CN¥119M |
| Capital expenditure | CN¥7.83M | CN¥6.68M | CN¥6.69M | CN¥5.76M | CN¥2.60M |
| Total debt | CN¥125M | CN¥155M | CN¥0 | CN¥0 | CN¥0 |
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| Measure | 001219.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +72.6% | -4.2% | highest of 21 |
| 6-month return | +42.4% | -15.1% | 2nd highest of 21 |
| Distance from 52-week high | -5.8% | -32.2% | highest of 21 |
| Revenue growth (TTM) | +3.0% | +3.2% | 11th highest of 21 |
| Operating margin | 22.7% | 7.2% | highest of 21 |
| EV / Sales | 6.3× | 1.0× | most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 7.3% | -7.8% | 5th most demanding of 17 |
| Growth delivered (Del g) | +2.4% | +4.4% | 6th lowest of 17 |
| Hurdle (Req g minus delivered) | +4.9 pp | -9.6 pp | 5th most demanding of 17 |
| ROIC minus cost of capital | +24.9 pp | +2.5 pp | 4th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Qingdao Foods 001219.SZ | China | $656M | +42% | +3% | 23% | 6.3× | 7.3% | +2.4% |
| Xiangpiaopiao Food 603711.SS | China | $660M | -24% | +2% | 7% | 0.8× | -11.3% | -4.9% |
| Lian Hwa Foods 1231.TW | Taiwan | $694M | -12% | +3% | 9% | 2.1× | n/a | n/a |
| Jiangxi Salt Industry 601065.SS | China | $613M | -23% | -14% | 0% | 1.4× | -2.3% | +11.7% |
| V V Food & Beverage 600300.SS | China | $717M | -18% | +6% | 11% | 1.0× | -9.2% | -6.8% |
| Standard Foods 1227.TW | Taiwan | $751M | -5% | 0% | 4% | 0.8× | n/a | n/a |
| Vitasoy International 0345.HK | Hong Kong | $794M | -3% | -3% | 7% | 0.9× | -9.8% | -4.2% |
| Hongmian Zhihui Science and Technology Innovation Co., Ltd. Guangzhou 000523.SZ | China | $798M | -16% | +4% | 2% | 2.6× | 12.1% | -8.5% |
| AGT Food and Ingredients AGTF.TO | Canada | $922M | +12% | -19% | -2% | 0.5× | n/a | n/a |
| Zinzino ZZ-B.ST | Sweden | $463M | -11% | +33% | 10% | 1.1× | -5.3% | +24.2% |
| Anji Foodstuff 603696.SS | China | $455M | -19% | -17% | 3% | 5.6× | 38.1% | +6.9% |
| Bombay Burmah Trading BBTC.NS | India | $947M | -18% | +7% | 16% | 0.5× | -8.8% | +8.2% |
| Yamae 7130.T | Japan | $444M | -12% | +10% | 2% | 0.1× | -6.9% | +17.5% |
| Xiamen Yan Palace Bird's Nest Industry 1497.HK | Hong Kong | $442M | -14% | +12% | 12% | 1.2× | -16.5% | +8.2% |
| Simply Good Foods SMPL | United States | $1.05B | -2% | -7% | 13% | 1.0× | -12.3% | +6.2% |
| Zhejiang Wufangzhai Industry 603237.SS | China | $404M | -17% | 0% | 7% | 0.9× | -14.3% | -1.5% |
| Shanghai Ziyan Foods 603057.SS | China | $1.09B | -37% | +7% | 6% | 2.1× | n/a | n/a |
| Suzhou Weizhixiang Food 605089.SS | China | $394M | -29% | +2% | 9% | 2.7× | 23.6% | +2.4% |
| Natural Food International 1837.HK | Hong Kong | $377M | -19% | +34% | 13% | 0.5× | -18.3% | +11.1% |
| Jiangsu Hengshun Vinegar-Industry 600305.SS | China | $1.15B | -7% | +6% | 6% | 3.0× | 17.3% | +2.6% |
| S&B Foods 2805.T | Japan | $1.16B | +53% | +7% | 9% | 1.3× | -1.8% | +2.5% |