Earnings Alerts

Foshan Haitian Flavouring & Food (603288) Earnings: FY Net Income Aligns with Estimates at 6.34 Billion Yuan

  • Foshan Haitian’s net income for the fiscal year was 6.34 billion yuan, aligning with market estimates of 6.29 billion yuan.
  • The company’s revenue was reported at 26.90 billion yuan, slightly below the expected 27.24 billion yuan.
  • Earnings per share (EPS) reached 1.14 yuan.
  • Market sentiment is largely positive, with 30 buy ratings, 6 hold ratings, and 2 sell ratings from analysts.

Foshan Haitian Flavouring & Food on Smartkarma



Analysts on Smartkarma have provided varying insights into Foshan Haitian Flavouring & Food. Xinyao (Criss) Wang expressed a bearish view, highlighting intense competition in China’s condiment market and challenges in international expansion. Their reasonable valuation estimate for Haitian is 20-30x P/E due to concerns about future growth and uncertainties in going global.

On the contrary, Sumeet Singh takes a bullish stance, noting Foshan Haitian Flavouring & Food‘s strong brand presence in China’s condiment industry. Despite sales slowdown, FHCC aims to raise US$1.5bn in its H-share listing. Brian Freitas discusses the company’s H-share listing application, anticipating easier inclusion in indices post-listing. The diverse analyst coverage on Smartkarma provides investors with valuable perspectives on Haitian’s future prospects.



A look at Foshan Haitian Flavouring & Food Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth0
Resilience5
Momentum2
OVERALL SMART SCORE2.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Foshan Haitian Flavouring & Food Company Ltd. shows a mixed outlook for long-term potential. While the company excels in resilience, scoring the highest possible rating of 5, its scores in other areas such as value, momentum, and dividend are moderate. This indicates that Foshan Haitian Flavouring & Food may be a stable and consistent player in the market, but may not offer significant growth or attractive dividend yields for investors.

Foshan Haitian Flavouring & Food specializes in manufacturing food seasonings, including a range of condiments such as soy sauce, oyster sauce, vinegar, flavoring sauce, chicken stock, monosodium glutamate, and oil. With a focus on resilience, the company seems well-positioned to weather market fluctuations and challenges, making it a potentially safe bet for investors looking for stability in their portfolio.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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