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One of China's largest hog (pig) farming and pork production companies.
One of China's largest hog (pig) farming and pork production companies.
Sells live hogs mostly to slaughterhouses at market prices, so earnings follow China's hog cycle, which swings from losses to large profits. These are the Hong Kong-listed shares of the same company as the Shenzhen line, controlled by founder Qin Yinglin and his family.
In one line: A Chinese Smithfield Foods/Tyson (pork).
Moat: narrow (scale, cost advantage). Large-scale, vertically integrated farming (own feed, breeding, farms) gives a cost edge over smaller farmers.
Headquarters: Nanyang, China · Founded: 1992 · Employees: 127,550
Size Muyuan Foods (2714.HK) is a Hong Kong Consumer Staples company (Agricultural Commodities/Milling) with a market value of $33.4B, the 47th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$38.78 on 6 Nov 2026.
Performance Over six months the shares fell 11.7%, against -5.3% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 3rd lowest of 7 in its peer set.
Growth Revenue fell 14.5% over the last twelve months (peer median +4.0%); the operating margin is -3.9% (peer median 3.1%).
Valuation It trades at 2.3× enterprise value to sales against a peer median of 0.6× (most expensive of 7).
Capital Return on invested capital runs 4.8 points below its cost of capital (9.1% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$141B | HK$156B | HK$150B | HK$122B | HK$145B |
| Revenue growth | — | +5% | +22% | -16% | — |
| Gross profit | HK$15.7B | HK$27.1B | HK$30.3B | HK$3.14B | HK$24.8B |
| EBITDA | n/a | HK$36.6B | HK$40.5B | HK$11.1B | HK$32.2B |
| Net income | -HK$9.96B | HK$16.8B | HK$19.4B | -HK$4.71B | HK$15.4B |
| Free cash flow | -HK$7.46B | HK$22.2B | HK$27.1B | -HK$8.01B | HK$8.29B |
| Capital expenditure | HK$12.6B | HK$10.3B | HK$13.4B | HK$18.8B | HK$18.3B |
| Total debt | HK$92.5B | HK$85.1B | HK$94.2B | HK$104B | HK$80.8B |
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 |
|---|---|---|---|---|---|---|
| Muyuan Foods 2714.HK | $33.4B | -12% | -14% | -4% | 2.3× | n/a |
| Wh Group 0288.HK | $10.8B | -31% | +6% | 9% | 0.5× | -16.4% |
| New Hope Liuhe 000876.SZ | $4.71B | -19% | +7% | -3% | 0.9× | n/a |
| Wen's Foodstuff 300498.SZ | $16.7B | +2% | -5% | -4% | 1.4× | 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 | 2714.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.8% | +2.5% | 4th highest of 7 |
| 6-month return | -11.7% | -5.3% | 3rd lowest of 7 |
| Distance from 52-week high | -23.5% | -19.9% | 3rd lowest of 7 |
| Revenue growth (TTM) | -14.5% | +4.0% | lowest of 7 |
| Operating margin | -3.9% | 3.1% | 2nd lowest of 7 |
| EV / Sales | 2.3× | 0.6× | most expensive of 7 |
| ROIC minus cost of capital | -4.8 pp | -0.3 pp | 2nd lowest of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Muyuan Foods 2714.HK | Hong Kong | $33.4B | -12% | -14% | -4% | 2.3× | n/a | n/a |
| Archer Daniels Midland ADM | United States | $33.3B | -9% | +1% | 3% | 0.5× | 8.0% | +4.5% |
| Inner Mongolia Yili Industrial 600887.SS | China | $29.3B | +15% | +2% | 9% | 2.1× | -0.1% | +3.7% |
| Bunge Global BG | United States | $19.0B | -20% | +55% | 4% | 0.4× | n/a | n/a |
| Wen's Foodstuff 300498.SZ | China | $16.7B | +2% | -5% | -4% | 1.4× | n/a | n/a |
| Wilmar International F34.SI | Singapore | $14.5B | -19% | +6% | 3% | 0.6× | n/a | n/a |
| Guangdong Haid 002311.SZ | China | $12.1B | -1% | +8% | 3% | 0.7× | -1.1% | +16.3% |