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

CHINA FEIHE LIMITED

(6186)
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China Feihe First-Half Profit Rose 57% on Robust Demand for Infant-Formula Products

08/18/2020 | 06:58am EST

By Yifan Wang

China Feihe Ltd. said its net profit for the first half of the year rose 57%, thanks to surging sales of high-end infant-milk-formula products.

The dairy and infant-milk-formula maker posted net profit of 2.75 billion yuan ($396.7 million) for the period.

Revenue jumped 48% to CNY8.71 billion, as sales of its high-end product line soared 73% despite the coronavirus pandemic's impact.

The premium product series is also more profitable, boosting China Feihe's gross profit margin to 70.9% from 67.5% in the year-earlier period.

 

Write to Yifan Wang at yifan.wang@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
CHINA FEIHE LIMITED -0.20% 24.8 End-of-day quote.36.56%
CLASS III MILK FUTURES (DC) - CMG (ELECTRONIC)/C1 0.06% 16.16 End-of-day quote.2.22%
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 -0.33% 45.6 End-of-day quote.3.51%
NONFAT DRY MILK FUTURES (GNF) - CMG (ELECTRONIC)/C1 -0.31% 113.775 End-of-day quote.1.09%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) 0.00% 6.4845 Delayed Quote.-0.49%
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Financials
Sales 2020 18 781 M 2 898 M 2 898 M
Net income 2020 5 567 M 859 M 859 M
Net cash 2020 10 210 M 1 575 M 1 575 M
P/E ratio 2020 32,4x
Yield 2020 1,13%
Capitalization 185 B 28 578 M 28 580 M
EV / Sales 2020 9,32x
EV / Sales 2021 7,01x
Nbr of Employees 5 638
Free-Float 35,3%
Chart CHINA FEIHE LIMITED
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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 20,06 CNY
Last Close Price 20,73 CNY
Spread / Highest target 19,1%
Spread / Average Target -3,24%
Spread / Lowest Target -30,1%
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