Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  China Feihe Limited    6186   KYG2121Q1055

CHINA FEIHE LIMITED

(6186)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

China Feihe Denies Short-Seller Report

07/08/2020 | 01:13am EST

By Martin Mou

China Feihe Ltd. Wednesday said allegations by a short seller that the Chinese dairy company has overstated some of its financials were inaccurate and misleading.

Short seller Blue Orca Capital alleged that Feihe overstates its infant-milk-formula revenues and understates its operating costs, such as advertising and labor expenses.

Feihe said it expects a 40% increase in revenue for the first six months of year, mainly helped by sharply higher sales volumes for infant-milk formula.

Feihe shares were last 1.3% lower at HK$15.62.

 

Write to Martin Mou at martin.mou@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
CHINA FEIHE LIMITED -1.01% 24.55 End-of-day quote.35.19%
CLASS III MILK FUTURES (DC) - CMG (ELECTRONIC)/C1 -0.19% 16.13 End-of-day quote.2.28%
CLASS IV MILK?FUTURES (GDK) - CMG (ELECTRONIC)/C1 0.22% 13.8 End-of-day quote.0.07%
DRY WHEY?FUTURES (DY) - CMG (ELECTRONIC)/C1 0.00% 45.5 End-of-day quote.3.17%
NONFAT DRY MILK FUTURES (GNF) - CMG (ELECTRONIC)/C1 0.00% 113.8 End-of-day quote.0.89%
All news about CHINA FEIHE LIMITED
01/05China shares fall on profit-taking in consumer stocks
RE
2020China Feihe Shares Jump 3% as It Closes $396 Million Takeover of Yuanshengtai..
MT
2020Yuanshengtai Dairy Farm Jumps 7% as China Feihe's $396 Million Takeover Offer..
MT
2020CHINA FEIHE : Interim Report 2020
PU
2020China Feihe First-Half Profit Rose 57% on Robust Demand for Infant-Formula Pr..
DJ
2020CHINA FEIHE : Resignation of director
PU
2020CHINA FEIHE : List of Directors and their Roles and Functions
PU
2020China Feihe Denies Short-Seller Report
DJ
More news
Financials
Sales 2020 18 781 M 2 904 M 2 904 M
Net income 2020 5 567 M 861 M 861 M
Net cash 2020 10 210 M 1 579 M 1 579 M
P/E ratio 2020 37,0x
Yield 2020 1,00%
Capitalization 212 B 27 312 M 32 741 M
EV / Sales 2020 10,7x
EV / Sales 2021 8,10x
Nbr of Employees 5 638
Free-Float 35,3%
Chart CHINA FEIHE LIMITED
Duration : Period :
China Feihe Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CHINA FEIHE LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 14
Average target price 20,53 CNY
Last Close Price 23,70 CNY
Spread / Highest target 4,22%
Spread / Average Target -13,4%
Spread / Lowest Target -38,8%
EPS Revisions
Managers and Directors
NameTitle
You Bin Leng Chairman & Chief Executive Officer
Fang Liang Cai President & Executive Director
Hua Liu Vice Chairman & Chief Financial Officer
Fong-Yee Tu Secretary, Executive Director & Vice President
Yu Gao Non-Executive Director
Sector and Competitors