Major Chinese animal-feed and agricultural-biotech company, also developing GM corn/soybean seed traits.
Major Chinese animal-feed and agricultural-biotech company, also developing GM corn/soybean seed traits.
Most sales come from feed, a high-volume business sold through distributors and direct to farms, while its hog-farming arm swings with pig prices. GM seed traits are the newer bet and depend on Chinese regulators approving varieties for commercial planting.
Moat: narrow (IP / patents, distribution). One of few licensed domestic developers of GM crop traits, alongside a large feed distribution network.
Headquarters: Beijing, China · Employees: 16,435
Size Beijing Dbn Technology (002385.SZ) is a China Consumer Staples company (Agricultural Commodities/Milling) with a market value of $1.86B, the 1346th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.00 on 6 Nov 2026.
Performance Over six months the shares fell 22.9%, against -5.8% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 20 in its peer set.
Growth Revenue fell 1.4% over the last twelve months (peer median +5.4%); the operating margin is -6.3% (peer median 8.6%).
Valuation It trades at 0.9× enterprise value to sales against a peer median of 2.2× (4th cheapest of 21).
Capital Return on invested capital runs 8.5 points below its cost of capital (5.0% WACC).
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥29.0B | CN¥29.1B | CN¥28.8B | CN¥33.4B | CN¥32.4B |
| Revenue growth | — | +1% | -14% | +3% | — |
| Gross profit | CN¥3.34B | CN¥3.37B | CN¥3.97B | CN¥2.88B | CN¥3.93B |
| EBITDA | n/a | CN¥1.15B | CN¥2.00B | -CN¥223M | CN¥1.49B |
| Net income | -CN¥1.70B | -CN¥642M | CN¥346M | -CN¥2.17B | CN¥51.1M |
| Free cash flow | -CN¥1.04B | CN¥80.8M | CN¥1.70B | -CN¥683M | -CN¥113M |
| Capital expenditure | CN¥546M | CN¥810M | CN¥865M | CN¥1.05B | CN¥1.55B |
| Total debt | CN¥14.2B | CN¥14.1B | CN¥12.5B | CN¥14.1B | CN¥12.1B |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Beijing Dbn Technology 002385.SZ | $1.86B | -23% | -1% | -6% | 0.9× | n/a |
| New Hope Liuhe 000876.SZ | $4.71B | -19% | +7% | -3% | 0.9× | n/a |
| Yuan Longping High-Tech Agriculture 000998.SZ | $1.77B | -11% | -5% | 5% | 2.8× | 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 | 002385.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.9% | -3.8% | 8th highest of 21 |
| 6-month return | -22.9% | -5.8% | 4th lowest of 20 |
| Distance from 52-week high | -37.0% | -25.7% | 6th lowest of 21 |
| Revenue growth (TTM) | -1.4% | +5.4% | 8th lowest of 21 |
| Operating margin | -6.3% | 8.6% | lowest of 21 |
| EV / Sales | 0.9× | 2.2× | 4th cheapest of 21 |
| ROIC minus cost of capital | -8.5 pp | -1.7 pp | 2nd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Beijing Dbn Technology 002385.SZ | China | $1.86B | -23% | -1% | -6% | 0.9× | n/a | n/a |
| Bumitama Agri P8Z.SI | Singapore | $1.87B | -25% | +9% | 25% | 1.5× | -15.2% | +12.9% |
| BioMar Group A/S BIOMAR.CO | Denmark | $1.83B | -37% | 0% | 6% | 0.9× | -2.0% | -0.5% |
| Uie UIE.CO | Denmark | $1.81B | +5% | +12% | 37% | 3.3× | -13.0% | +13.1% |
| Yuan Longping High-Tech Agriculture 000998.SZ | China | $1.77B | -11% | -5% | 5% | 2.8× | n/a | n/a |
| Jiangsu Provincial Agricultural Reclamation & Dev 601952.SS | China | $1.72B | -16% | -5% | 4% | 1.4× | -2.2% | +3.2% |
| Tecon Biology 002100.SZ | China | $1.72B | +6% | -8% | -5% | 1.1× | n/a | n/a |
| Genus GNS.L | United Kingdom | $2.07B | +5% | -2% | 13% | 2.4× | 17.9% | +2.8% |
| Lien Hwa Industrial 1229.TW | Taiwan | $2.12B | -6% | -3% | 9% | 8.3× | 21.5% | +7.3% |
| Shenzhen Agricultural Products 000061.SZ | China | $1.63B | -22% | -22% | 12% | 3.2× | 4.2% | +15.6% |
| Guangxi Yuegui Guangye 000833.SZ | China | $2.19B | -46% | +67% | 30% | 3.0× | 2.1% | -0.9% |
| Liuliumei 6658.HK | Hong Kong | $1.58B | n/a | +6% | 12% | 6.8× | n/a | n/a |
| Trulieve Cannabis TRLV | United States | $2.23B | +31% | -4% | 14% | 2.2× | 13.5% | +17.8% |
| LT Foods LTFOODS.NS | India | $1.55B | -3% | +24% | 8% | 1.2× | 25.7% | +18.2% |
| Shandong Yisheng Livestock & Poultry Breeding 002458.SZ | China | $1.54B | -16% | +15% | 17% | 3.1× | 6.3% | +11.1% |
| B.F BFG.MI | Italy | $2.29B | +56% | +30% | -2% | 1.6× | n/a | n/a |
| AWL Agri Business AWL.NS | India | $2.30B | -21% | +18% | 2% | 0.4× | 13.4% | +15.0% |
| Balrampur Chini Mills BALRAMCHIN.NS | India | $1.50B | +28% | +11% | 9% | 2.3× | n/a | n/a |
| Kernel KER.WA | Poland | $1.47B | 0% | -1% | 5% | 0.5× | 8.0% | -5.4% |
| Fuji Oil 2607.T | Japan | $2.46B | +36% | +10% | 5% | 0.8× | 0.9% | +16.2% |
| Curaleaf CURA.TO | Canada | $2.50B | -18% | +5% | 1% | 2.6× | n/a | n/a |