Loading…
Employees: 3,400
Size Xiangpiaopiao Food (603711.SS) is a China Consumer Staples company (Food: Major Diversified) with a market value of $660M, the 3211th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥10.92 on 6 Nov 2026.
Performance Over six months the shares fell 23.5%, against -13.1% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 2.3% over the last twelve months (peer median +3.4%); the operating margin is 7.1% (peer median 8.0%).
Valuation It trades at 20.7× forward earnings against a peer median of 16.4× (6th most expensive of 13).
Price implies For today's price to make sense, revenue must grow about -11% a year for seven years (Req g). Recent delivered growth is -5%, so the hurdle is -6 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 12.7 points above its cost of capital (6.2% WACC).
Next results Next results expected around 22 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.10B | CN¥2.91B | CN¥3.27B | CN¥3.59B | CN¥3.11B |
| Revenue growth | — | -11% | -9% | +16% | — |
| Gross profit | CN¥1.29B | CN¥1.03B | CN¥1.20B | CN¥1.29B | CN¥997M |
| EBITDA | n/a | CN¥270M | CN¥387M | CN¥398M | CN¥378M |
| Net income | CN¥196M | CN¥95.2M | CN¥253M | CN¥280M | CN¥214M |
| Free cash flow | CN¥342M | CN¥266M | CN¥228M | CN¥328M | CN¥661M |
| Capital expenditure | CN¥88.2M | CN¥95.7M | CN¥57.1M | CN¥67.5M | CN¥128M |
| Total debt | CN¥1.43B | CN¥1.05B | CN¥686M | CN¥1.04B | CN¥995M |
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 | 603711.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -9.5% | -3.4% | 7th lowest of 21 |
| 6-month return | -23.5% | -13.1% | 3rd lowest of 21 |
| Distance from 52-week high | -36.9% | -28.9% | 7th lowest of 21 |
| Revenue growth (TTM) | +2.3% | +3.4% | 8th lowest of 21 |
| Operating margin | 7.1% | 8.0% | 10th lowest of 21 |
| Forward P/E | 20.7× | 16.4× | 6th most expensive of 13 |
| Growth the price implies (Req g, 7 yrs) | -11.3% | -6.1% | 5th least demanding of 17 |
| Growth delivered (Del g) | -4.9% | +4.4% | 3rd lowest of 17 |
| Hurdle (Req g minus delivered) | -6.4 pp | -9.2 pp | 9th least demanding of 17 |
| ROIC minus cost of capital | +12.7 pp | +2.5 pp | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Xiangpiaopiao Food 603711.SS | China | $660M | -24% | +2% | 7% | 20.7× | -11.3% | -4.9% |
| Qingdao Foods 001219.SZ | China | $656M | +42% | +3% | 23% | n/a | 7.3% | +2.4% |
| Lian Hwa Foods 1231.TW | Taiwan | $694M | -12% | +3% | 9% | n/a | n/a | n/a |
| Jiangxi Salt Industry 601065.SS | China | $613M | -23% | -14% | 0% | n/a | -2.3% | +11.7% |
| V V Food & Beverage 600300.SS | China | $717M | -18% | +6% | 11% | n/a | -9.2% | -6.8% |
| Standard Foods 1227.TW | Taiwan | $751M | -5% | 0% | 4% | n/a | n/a | n/a |
| Vitasoy International 0345.HK | Hong Kong | $794M | -3% | -3% | 7% | 21.8× | -9.8% | -4.2% |
| Hongmian Zhihui Science and Technology Innovation Co., Ltd. Guangzhou 000523.SZ | China | $798M | -16% | +4% | 2% | n/a | 12.1% | -8.5% |
| AGT Food and Ingredients AGTF.TO | Canada | $922M | +12% | -19% | -2% | 16.0× | n/a | n/a |
| Zinzino ZZ-B.ST | Sweden | $463M | -11% | +33% | 10% | 9.9× | -5.3% | +24.2% |
| Bombay Burmah Trading BBTC.NS | India | $947M | -18% | +7% | 16% | n/a | -8.8% | +8.2% |
| Anji Foodstuff 603696.SS | China | $455M | -19% | -17% | 3% | n/a | 38.1% | +6.9% |
| Yamae 7130.T | Japan | $444M | -12% | +10% | 2% | 4.7× | -6.9% | +17.5% |
| Xiamen Yan Palace Bird's Nest Industry 1497.HK | Hong Kong | $442M | -14% | +12% | 12% | 10.0× | -16.5% | +8.2% |
| Simply Good Foods SMPL | United States | $1.05B | -2% | -7% | 13% | 7.9× | -12.3% | +6.2% |
| Zhejiang Wufangzhai Industry 603237.SS | China | $404M | -17% | 0% | 7% | 22.2× | -14.3% | -1.5% |
| Shanghai Ziyan Foods 603057.SS | China | $1.09B | -37% | +7% | 6% | 39.1× | n/a | n/a |
| Suzhou Weizhixiang Food 605089.SS | China | $394M | -29% | +2% | 9% | 30.7× | 23.6% | +2.4% |
| Jiangsu Hengshun Vinegar-Industry 600305.SS | China | $1.15B | -7% | +6% | 6% | 49.9× | 17.3% | +2.6% |
| Natural Food International 1837.HK | Hong Kong | $377M | -19% | +34% | 13% | 7.3× | -18.3% | +11.1% |
| S&B Foods 2805.T | Japan | $1.16B | +53% | +7% | 9% | 16.8× | -1.8% | +2.5% |