Employees: 3,959
Size Henan Huaying Agricultural Development (002321.SZ) is a China Consumer Staples company (Food: Meat/Fish/Dairy) with a market value of $569M, the 3549th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥1.78 on 6 Nov 2026.
Performance Over six months the shares fell 16.4%, against +1.7% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 24.4% over the last twelve months (peer median +6.6%); the operating margin is 1.1% (peer median 2.7%).
Valuation It trades at 1.0× enterprise value to sales against a peer median of 1.3× (9th cheapest of 21).
Capital Return on invested capital runs 3.3 points below its cost of capital (5.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.74B | CN¥5.44B | CN¥4.70B | CN¥3.70B | CN¥2.89B |
| Revenue growth | — | +16% | +27% | +28% | — |
| Gross profit | CN¥290M | CN¥287M | CN¥307M | CN¥292M | CN¥160M |
| EBITDA | CN¥193M | CN¥244M | CN¥313M | CN¥300M | CN¥113M |
| Net income | -CN¥68.6M | -CN¥59.9M | CN¥32.4M | -CN¥31.8M | -CN¥597M |
| Free cash flow | -CN¥147M | CN¥345M | CN¥161M | -CN¥252M | -CN¥763M |
| Capital expenditure | CN¥49.6M | CN¥55.0M | CN¥46.8M | CN¥120M | CN¥64.7M |
| Total debt | CN¥1.51B | CN¥1.61B | CN¥1.36B | CN¥1.30B | CN¥1.23B |
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.
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 | 002321.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.6% | +0.3% | 2nd lowest of 21 |
| 6-month return | -16.4% | +1.7% | 3rd lowest of 21 |
| Distance from 52-week high | -53.9% | -23.2% | lowest of 21 |
| Revenue growth (TTM) | +24.4% | +6.6% | 2nd highest of 20 |
| Operating margin | 1.1% | 2.7% | 7th lowest of 21 |
| EV / Sales | 1.0× | 1.3× | 9th cheapest of 21 |
| ROIC minus cost of capital | -3.3 pp | -1.7 pp | 10th lowest of 21 |
| Net debt / EBITDA | 6.8× | 1.4× | most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Henan Huaying Agricultural Development 002321.SZ | China | $569M | -16% | +24% | 1% | 1.0× | n/a | n/a |
| Starzen 8043.T | Japan | $574M | +36% | +4% | 2% | 0.3× | n/a | n/a |
| Australian Agricultural AAC.AX | Australia | $553M | +2% | +9% | -47% | 3.1× | n/a | n/a |
| High Liner Foods HLF.TO | Canada | $536M | +91% | +14% | 5% | 0.8× | 3.5% | +5.3% |
| Dodla Dairy DODLA.NS | India | $625M | -14% | +17% | 4% | 1.2× | 33.7% | +16.2% |
| Mama's Creations MAMA | United States | $632M | +2% | +54% | 5% | 2.4× | 17.6% | +33.3% |
| Masoval AS MAS.OL | Norway | $508M | +16% | -1% | 4% | 3.1× | 28.2% | +22.3% |
| Beingmate 002570.SZ | China | $680M | -16% | -4% | 3% | 1.7× | 11.8% | +0.8% |
| Binggrae 005180.KS | South Korea | $472M | +9% | +4% | 9% | 0.3× | n/a | n/a |
| Xinjiang Terun Dairy 600419.SS | China | $465M | +2% | +5% | 5% | 1.4× | -4.3% | +9.4% |
| Prima Meat Packers,Ltd 2281.T | Japan | $724M | -9% | +5% | 2% | 0.3× | -1.2% | +1.9% |
| HaiXin Foods 002702.SZ | China | $444M | -10% | +11% | -1% | 2.0× | 22.8% | -1.0% |
| Parag Milk Foods PARAGMILK.NS | India | $435M | +42% | +13% | 5% | 1.2× | n/a | n/a |
| Hunan Xiangjia Animal Husbandry 002982.SZ | China | $425M | -4% | +8% | 2% | 0.9× | n/a | n/a |
| Savencia SAVE.PA | France | $871M | -11% | -2% | 3% | 0.3× | -3.8% | +6.2% |
| Heritage Foods HERITGFOOD.NS | India | $366M | +2% | +14% | 3% | 0.7× | n/a | n/a |
| Hilton Food HFG.L | United Kingdom | $889M | +39% | +7% | 1% | 0.2× | 18.5% | +8.7% |
| Hunan New Wellful 600975.SS | China | $902M | -14% | -14% | -33% | 2.1× | n/a | n/a |
| Panda Dairy 300898.SZ | China | $356M | -20% | +15% | 10% | 2.3× | 17.4% | +3.4% |
| Xinjiang Talimu Agriculture Development 600359.SS | China | $348M | -20% | -20% | -5% | 6.4× | n/a | n/a |
| Kwality Walls (India) KWIL.NS | India | $950M | +32% | n/a | -13% | 4.7× | n/a | n/a |