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Chinese pet food maker and major exporter of treats/pet snacks to US and European retailers, also building domestic brands.
Chinese pet food maker and major exporter of treats/pet snacks to US and European retailers, also building domestic brands.
Makes treats and food to the order of overseas pet-food brands and retailers, which specify the recipe and sell under their own labels, so export orders and the dollar-yuan rate matter. At home it sells under its own Wanpy brand, which earns a brand margin the contract work does not.
In one line: A Chinese pet-food OEM/exporter feeding into brands sold at US retailers.
Moat: narrow (customer qualification, scale). Established export manufacturing relationships and quality certifications with Western pet-food buyers.
Headquarters: Yantai, China · Employees: 4,312
Size Yantai China Pet Foods (002891.SZ) is a China Consumer Staples company (Food: Specialty/Candy) with a market value of $1.39B, the 1757th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥28.70 on 6 Nov 2026.
Performance Over six months the shares fell 14.7%, against -17.2% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 21.2% over the last twelve months (peer median +5.3%); the operating margin is 3.8% (peer median 6.4%).
Valuation It trades at 32.6× forward earnings against a peer median of 19.9× (5th most expensive of 21).
Capital Return on invested capital runs 1.1 points above its cost of capital (5.1% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥6.22B | CN¥5.22B | CN¥4.46B | CN¥3.74B | CN¥3.24B |
| Revenue growth | — | +17% | +19% | +15% | — |
| Gross profit | CN¥1.75B | CN¥1.50B | CN¥1.23B | CN¥957M | CN¥620M |
| EBITDA | n/a | CN¥574M | CN¥588M | CN¥514M | CN¥262M |
| Net income | CN¥212M | CN¥365M | CN¥394M | CN¥233M | CN¥106M |
| Free cash flow | -CN¥720M | CN¥118M | CN¥294M | CN¥61.2M | -CN¥226M |
| Capital expenditure | CN¥798M | CN¥419M | CN¥242M | CN¥407M | CN¥349M |
| Total debt | CN¥2.10B | CN¥1.56B | CN¥1.21B | CN¥1.43B | CN¥1.09B |
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 |
|---|---|---|---|---|---|---|
| Yantai China Pet Foods 002891.SZ | $1.39B | -15% | +21% | 4% | 32.6× | n/a |
| Gambol Pet 301498.SZ | $2.25B | -32% | +14% | 7% | 43.6× | n/a |
| Petpal Pet Nutrition Technology 300673.SZ | $444M | -26% | +2% | 6% | 45.6× | 7.5% |
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 | 002891.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.3% | +1.7% | 7th highest of 21 |
| 6-month return | -14.7% | -17.2% | 10th highest of 21 |
| Distance from 52-week high | -53.0% | -23.9% | 2nd lowest of 21 |
| Revenue growth (TTM) | +21.2% | +5.3% | 4th highest of 21 |
| Operating margin | 3.8% | 6.4% | 6th lowest of 21 |
| Forward P/E | 32.6× | 19.9× | 5th most expensive of 21 |
| ROIC minus cost of capital | +1.1 pp | +0.2 pp | 9th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Yantai China Pet Foods 002891.SZ | China | $1.39B | -15% | +21% | 4% | 32.6× | n/a | n/a |
| CCL Products (India) CCL.NS | India | $1.37B | -20% | +24% | 13% | 25.8× | 17.9% | +29.1% |
| Flowers Foods FLO | United States | $1.42B | -20% | +2% | 6% | 8.8× | -7.6% | +3.7% |
| Huabao International 0336.HK | Hong Kong | $1.34B | -25% | +13% | 3% | 25.3× | 16.2% | -2.7% |
| Qianhe Condiment & Food 603027.SS | China | $1.43B | -21% | -6% | 14% | 23.9× | 3.1% | +8.8% |
| Chacha Food 002557.SZ | China | $1.46B | -17% | +8% | 8% | 15.8× | n/a | n/a |
| Fufeng 0546.HK | Hong Kong | $1.31B | -37% | +1% | 4% | 7.4× | n/a | n/a |
| Manorama Industries MANORAMA.NS | India | $1.31B | +22% | +60% | 24% | 39.3× | 33.4% | +46.9% |
| NIPPN 2001.T | Japan | $1.50B | +8% | +2% | 5% | 11.3× | n/a | n/a |
| Morinaga & 2201.T | Japan | $1.28B | -8% | +3% | 9% | 12.3× | -5.7% | +7.1% |
| Kagome 2811.T | Japan | $1.51B | +3% | +3% | 7% | 24.0× | 2.2% | +10.0% |
| Bikaji Foods International BIKAJI.NS | India | $1.27B | -29% | +14% | 10% | 37.4× | 38.6% | +17.5% |
| Shandong Bailong Chuangyuan Bio-Tech 605016.SS | China | $1.24B | -28% | +19% | 32% | 18.4× | 8.8% | +22.5% |
| Sanquan Foods 002216.SZ | China | $1.56B | -18% | +7% | 5% | 18.1× | 2.6% | -1.1% |
| Nisshin OilliO 2602.T | Japan | $1.22B | +13% | +8% | 3% | 18.0× | 3.1% | +10.5% |
| Italmobiliare ITM.MI | Italy | $1.20B | -8% | +8% | 14% | 12.0× | n/a | n/a |
| Snowsky Salt Industry 600929.SS | China | $1.20B | -29% | +32% | 1% | 54.7× | n/a | n/a |
| Lotte 004990.KS | South Korea | $1.18B | -27% | +1% | 2% | 69.5× | n/a | n/a |
| Nomad Foods NOMD | United States | $1.64B | +24% | +3% | 13% | 7.3× | -4.1% | +3.6% |
| Three Squirrels 300783.SZ | China | $1.66B | -12% | -13% | 2% | 21.5× | 19.5% | +0.8% |
| J & J Snack Foods JJSF | United States | $1.68B | +18% | -5% | 6% | 24.1× | 6.8% | +9.1% |