Loading…
Zhejiang maker of Jinhua ham and other Chinese-style cured meats, plus European-style fermented meats and a new semiconductor venture.
Zhejiang maker of Jinhua ham and other Chinese-style cured meats, plus European-style fermented meats and a new semiconductor venture.
Earns mainly from Jinhua-style hams, cured over many months and sold through supermarkets, distributors and online, with specialty meats such as sausage and cured pork being pushed to instant-retail and restaurant-chain customers. Gift and family-meal demand around Chinese New Year concentrates sales at year-end. It also holds a semiconductor subsidiary as a new venture.
In one line: A niche cured-meat brand, like a small Chinese Hormel.
Moat: narrow (brand). Well-known brand and lead drafter of the Jinhua ham national standard, but pork processing is competitive and cost-driven.
Headquarters: Jinhua, China · Founded: 1994 · Employees: 405
Size Jinzi Ham (002515.SZ) is a China Consumer Staples company (Food: Meat/Fish/Dairy) with a market value of $1.06B, the 2183rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.54 on 6 Nov 2026.
Performance Over six months the shares fell 15.0%, against -7.0% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue fell 1.6% over the last twelve months (peer median +2.5%); the operating margin is -11.2% (peer median 2.3%).
Valuation It trades at 277.0× forward earnings against a peer median of 24.2× (most expensive of 13).
Capital Return on invested capital runs 8.9 points below its cost of capital (8.2% WACC).
Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥303M | CN¥316M | CN¥342M | CN¥312M | CN¥442M |
| Revenue growth | — | -7% | +9% | -29% | — |
| Gross profit | CN¥86.3M | CN¥72.4M | CN¥69.2M | CN¥73.0M | CN¥105M |
| EBITDA | n/a | CN¥24.2M | CN¥26.8M | CN¥35.3M | CN¥57.9M |
| Net income | -CN¥26.9M | CN¥25.3M | CN¥62.2M | CN¥40.1M | CN¥49.0M |
| Free cash flow | -CN¥151M | -CN¥203M | CN¥476M | -CN¥65.2M | CN¥223M |
| Capital expenditure | CN¥149M | CN¥169M | CN¥121M | CN¥156M | CN¥88.9M |
| Total debt | CN¥9.12M | CN¥11.9M | CN¥0 | CN¥0 | CN¥0 |
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 |
|---|---|---|---|---|---|---|
| Jinzi Ham 002515.SZ | $1.06B | -15% | -2% | -11% | 277.0× | n/a |
| Henan Shuanghui Investment & Development 000895.SZ | $12.7B | -12% | -4% | 11% | 17.3× | -4.6% |
| Wh Group 0288.HK | $10.8B | -31% | +6% | 9% | 8.4× | -16.4% |
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 | 002515.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -18.8% | +0.9% | lowest of 21 |
| 6-month return | -15.0% | -7.0% | 5th lowest of 21 |
| Distance from 52-week high | -52.5% | -24.2% | lowest of 21 |
| Revenue growth (TTM) | -1.6% | +2.5% | 6th lowest of 20 |
| Operating margin | -11.2% | 2.3% | 4th lowest of 21 |
| Forward P/E | 277.0× | 24.2× | most expensive of 13 |
| ROIC minus cost of capital | -8.9 pp | -1.1 pp | 4th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jinzi Ham 002515.SZ | China | $1.06B | -15% | -2% | -11% | 277.0× | n/a | n/a |
| HUANLEJIA Food 300997.SZ | China | $1.06B | -17% | +4% | 7% | 54.7× | n/a | n/a |
| Umios 1333.T | Japan | $1.14B | -10% | +3% | 3% | n/a | n/a | n/a |
| NewPrinces NWL.MI | Italy | $1.16B | +40% | +81% | 1% | n/a | 0.6% | +44.5% |
| Beijing Sanyuan Foods 600429.SS | China | $973M | -29% | 0% | -1% | 23.4× | 24.8% | -2.8% |
| Shandong Oriental Ocean Sci-Tech 002086.SZ | China | $1.17B | +94% | +6% | -35% | n/a | n/a | n/a |
| Zhejiang Huatong Meat Products 002840.SZ | China | $957M | -37% | -16% | -10% | n/a | n/a | n/a |
| Kwality Walls (India) KWIL.NS | India | $950M | +32% | n/a | -13% | n/a | n/a | n/a |
| Hunan New Wellful 600975.SS | China | $902M | -14% | -14% | -33% | n/a | n/a | n/a |
| Zhejiang Yiming Food 605179.SS | China | $1.27B | +22% | 0% | 2% | n/a | n/a | n/a |
| Hilton Food HFG.L | United Kingdom | $889M | +39% | +7% | 1% | 14.1× | 18.5% | +8.7% |
| Savencia SAVE.PA | France | $871M | -11% | -2% | 3% | 5.4× | -3.8% | +6.2% |
| Scandi Standard SCST.ST | Sweden | $1.35B | +38% | +8% | 5% | 27.2× | 1.8% | +7.2% |
| MEGMILK SNOW BRAND 2270.T | Japan | $1.36B | +12% | 0% | 3% | 7.5× | n/a | n/a |
| Bega Cheese BGA.AX | Australia | $1.36B | +23% | +7% | 3% | 24.9× | 18.4% | +12.7% |
| Bright Dairy & Food 600597.SS | China | $1.43B | -6% | -3% | 0% | 30.6× | 18.8% | -1.1% |
| Fraser & Neave F99.SI | Singapore | $1.53B | -8% | -3% | 10% | n/a | 0.1% | +4.8% |
| Itoham Yonekyu 2296.T | Japan | $1.53B | -13% | +3% | 3% | 13.2× | n/a | n/a |
| Shanghai Milkground Food Tech 600882.SS | China | $1.55B | -1% | +26% | 4% | 32.0× | 11.1% | +14.7% |
| Prima Meat Packers,Ltd 2281.T | Japan | $724M | -9% | +5% | 2% | 12.8× | -1.2% | +1.9% |
| Beingmate 002570.SZ | China | $680M | -16% | -4% | 3% | 28.3× | 11.8% | +0.8% |