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Employees: 2,666
Size Shandong Homey Aquatic Development (600467.SS) is a China Consumer Staples company (Agricultural Commodities/Milling) with a market value of $486M, the 3920th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥2.22 on 6 Nov 2026.
Performance Over six months the shares fell 9.4%, against -8.0% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue fell 20.9% over the last twelve months (peer median +1.2%); the operating margin is 14.0% (peer median 0.4%).
Valuation It trades at 5.0× enterprise value to sales against a peer median of 1.2× (2nd most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 5% a year for seven years (Req g). Recent delivered growth is -3%, so the hurdle is +8 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 1.3 points below its cost of capital (5.2% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.09B | CN¥1.05B | CN¥1.41B | CN¥1.56B | CN¥1.19B |
| Revenue growth | — | -26% | -9% | +30% | — |
| Gross profit | CN¥383M | CN¥225M | CN¥193M | CN¥225M | CN¥235M |
| EBITDA | n/a | CN¥435M | CN¥394M | CN¥434M | CN¥429M |
| Net income | CN¥35.3M | CN¥29.9M | CN¥43.4M | CN¥49.4M | CN¥59.6M |
| Free cash flow | CN¥60.3M | CN¥12.4M | -CN¥125M | CN¥97.9M | CN¥120M |
| Capital expenditure | CN¥346M | CN¥452M | CN¥731M | CN¥773M | CN¥147M |
| Total debt | CN¥2.65B | CN¥2.73B | CN¥2.70B | CN¥2.51B | CN¥2.67B |
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 | 600467.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.1% | -2.0% | 8th lowest of 21 |
| 6-month return | -9.4% | -8.0% | 9th lowest of 21 |
| Distance from 52-week high | -32.9% | -27.4% | 10th lowest of 21 |
| Revenue growth (TTM) | -20.9% | +1.2% | lowest of 21 |
| Operating margin | 14.0% | 0.4% | highest of 21 |
| EV / Sales | 5.0× | 1.2× | 2nd most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 5.0% | 0.9% | 5th most demanding of 10 |
| Growth delivered (Del g) | -3.1% | +5.0% | 2nd lowest of 10 |
| Hurdle (Req g minus delivered) | +8.1 pp | +3.4 pp | 4th most demanding of 10 |
| ROIC minus cost of capital | -1.3 pp | -2.7 pp | 8th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shandong Homey Aquatic Development 600467.SS | China | $486M | -9% | -21% | 14% | 5.0× | 5.0% | -3.1% |
| Fujian Tianma Science & Technology 603668.SS | China | $488M | -52% | +6% | -1% | 1.4× | 29.6% | +10.5% |
| Zhanjiang Guolian Aquatic Products 300094.SZ | China | $490M | -8% | -9% | -28% | 1.6× | 0.7% | -6.6% |
| Solbar Ningbo Protein Technology 603231.SS | China | $493M | +1% | +20% | 8% | 1.3× | n/a | n/a |
| J-Oil Mills 2613.T | Japan | $474M | +15% | +1% | 2% | 0.4× | n/a | n/a |
| CNFC Overseas Fisheries 000798.SZ | China | $470M | -8% | -2% | -2% | 1.4× | n/a | n/a |
| Bajaj Hindusthan Sugar BAJAJHIND.NS | India | $470M | -8% | -2% | 1% | 0.8× | n/a | n/a |
| Royal 002329.SZ | China | $467M | -15% | -2% | -25% | 3.1× | n/a | n/a |
| ForFarmers FFARM.AS | Netherlands | $537M | -18% | +7% | 3% | 0.2× | -9.9% | +6.0% |
| Jiangsu Yike Food 301116.SZ | China | $538M | -28% | +6% | 0% | 0.3× | n/a | n/a |
| Wanxiang Doneed 600371.SS | China | $544M | +41% | -13% | -11% | 17.8× | n/a | n/a |
| Ningxia Xiaoming Agriculture & Animal Husbandry 300967.SZ | China | $435M | -7% | -17% | -2% | 3.0× | 21.1% | +17.7% |
| Shiyue Daotian 9676.HK | Hong Kong | $545M | -35% | +26% | 7% | 0.5× | n/a | n/a |
| Tilray Brands TLRY.TO | Canada | $433M | -47% | +17% | -6% | 0.6× | n/a | n/a |
| Kadoya Sesame Mills 2612.T | Japan | $550M | +94% | -2% | 10% | 1.9× | 0.9% | +5.0% |
| Shenzhen Kingsino Technology 002548.SZ | China | $428M | -35% | -2% | -12% | 1.2× | 12.6% | +3.2% |
| WELLNEO SUGAR 2117.T | Japan | $555M | +2% | +8% | 10% | 0.8× | -10.2% | +20.9% |
| Bannari Amman Sugars BANARISUG.NS | India | $423M | -13% | -8% | 6% | 2.4× | 26.7% | +4.9% |
| Triveni Engineering and Industries TRIVENI.NS | India | $561M | -4% | +2% | 8% | 0.9× | n/a | n/a |
| Inghams ING.AX | Australia | $563M | +13% | +2% | 4% | 0.7× | -1.2% | +3.9% |
| Baiyang Investment 002696.SZ | China | $569M | +62% | +25% | 0% | 1.3× | n/a | n/a |