China Foods logo

China Foods

0506.HK

HKSEConsumer DefensiveBeverages - Non-Alcoholic

Latest quote

HK$3.325

−HK$0.005 · -0.15%

Aug 24, 4:08 PM HKT

0506.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Foods Limited, an investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People's Republic of China. The company offers sparkling drinks, juices, water, milk drinks, energy drinks, tea, coffee, functional nutrition drinks, and sports and plant-based protein drinks under various brand names. It is also involved in the production, sale, and distribution of beverage bottles; wholesale and retail of pre-packaged foods, and raw and auxiliary materials; provision of supply chain information consultation, management, and other services; and wholesale of packaged foods. In addition, the company provides enterprise management and consulting, business information consulting, and marketing planning services, as well as computer information system development, consulting, promotion, and other services. Further, it engages in the vending machine and food business, and internet sale of food, as well as sale of health food. The company was formerly known as COFCO International Limited. China Foods Limited was founded in 1990 and is based in Causeway Bay, Hong Kong. China Foods Limited operates as a subsidiary of China Foods (Holdings) Limited.

Industry
Beverages - Non-Alcoholic
Sector
Consumer Defensive
Headquarters
HK
CEO
Zai Zhong Zhan
Listed since
May 24, 2001
Employees
18,349

Market position

52-week range

Current HK$3.325

Open
HK$3.325
Previous close
HK$3.33
Volume
3.06M
0.92× average
Average volume
3.34M
Average daily volume
Market cap
9.3B HKD
Beta
0.5
Market reference 1
50-day average
HK$3.2896
+1.08% above average
200-day average
HK$3.8314
-13.22% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
6.42B CNY
P/E (TTM)
9.2×
P/B (TTM)
1.16×
P/S (TTM)
0.36×
EV / EBITDA
2.29×
Earnings yield
7.90%
Free cash flow yield
19.89%
Dividend yield
5.32%

Profitability & efficiency

Gross margin
37.08%
Operating margin
8.97%
Net margin
3.91%
Return on equity
12.49%
Return on assets
4.69%
Return on invested capital
13.02%

Financial health

Debt / equity
0.01×
Current ratio
1.09×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends41%27%13%-1%Gross margin, FY2021: 35.69%Gross margin, FY2022: 35.76%Gross margin, FY2023: 35.18%Gross margin, FY2024: 37.79%Gross margin, FY2025: 37.08%Operating margin, FY2021: 7.07%Operating margin, FY2022: 7.57%Operating margin, FY2023: 8.62%Operating margin, FY2024: 8.68%Operating margin, FY2025: 8.97%Net margin, FY2021: 2.89%Net margin, FY2022: 3.15%Net margin, FY2023: 3.88%Net margin, FY2024: 4.00%Net margin, FY2025: 3.91%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 35.69%. Gross margin FY2022 35.76%. Gross margin FY2023 35.18%. Gross margin FY2024 37.79%. Gross margin FY2025 37.08%. Operating margin FY2021 7.07%. Operating margin FY2022 7.57%. Operating margin FY2023 8.62%. Operating margin FY2024 8.68%. Operating margin FY2025 8.97%. Net margin FY2021 2.89%. Net margin FY2022 3.15%. Net margin FY2023 3.88%. Net margin FY2024 4.00%. Net margin FY2025 3.91%.

Income trends

Revenue

22.07B CNY+2.69%

Operating income

1.98B CNY+6.06%

Net income

861.97M CNY+0.17%
Income trends across reported periods24.22B CNY15.62B CNY7.02B CNY−1.58B CNYRevenue, FY2021: 19.78B CNYRevenue, FY2022: 20.97B CNYRevenue, FY2023: 21.45B CNYRevenue, FY2024: 21.49B CNYRevenue, FY2025: 22.07B CNYOperating income, FY2021: 1.4B CNYOperating income, FY2022: 1.59B CNYOperating income, FY2023: 1.85B CNYOperating income, FY2024: 1.87B CNYOperating income, FY2025: 1.98B CNYNet income, FY2021: 572.42M CNYNet income, FY2022: 659.84M CNYNet income, FY2023: 832.58M CNYNet income, FY2024: 860.54M CNYNet income, FY2025: 861.97M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 19.78B CNY. Revenue FY2022 20.97B CNY. Revenue FY2023 21.45B CNY. Revenue FY2024 21.49B CNY. Revenue FY2025 22.07B CNY. Operating income FY2021 1.4B CNY. Operating income FY2022 1.59B CNY. Operating income FY2023 1.85B CNY. Operating income FY2024 1.87B CNY. Operating income FY2025 1.98B CNY. Net income FY2021 572.42M CNY. Net income FY2022 659.84M CNY. Net income FY2023 832.58M CNY. Net income FY2024 860.54M CNY. Net income FY2025 861.97M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue22.07B CNY21.49B CNY21.45B CNY20.97B CNY19.78B CNY
Cost of goods sold13.89B CNY13.37B CNY13.9B CNY13.47B CNY12.72B CNY
Gross profit8.18B CNY8.12B CNY7.54B CNY7.5B CNY7.06B CNY
Selling, general, and administrative6.42B CNY6.41B CNY6B CNY6.05B CNY5.85B CNY
Operating expenses6.2B CNY6.25B CNY5.69B CNY5.91B CNY5.66B CNY
Interest income54.35M CNY35.07M CNY24.09M CNY18.83M CNY30.89M CNY
Interest expense3.45M CNY4.75M CNY4.97M CNY3.51M CNY4.49M CNY
Depreciation and amortization828.62M CNY770.89M CNY770.89M CNY613.43M CNY537.14M CNY
Operating income1.98B CNY1.87B CNY1.85B CNY1.59B CNY1.4B CNY
Net income861.97M CNY860.54M CNY832.58M CNY659.84M CNY572.42M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.12

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.270.20.130.06Q2 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q2 2022, reported Jun 30, 2022: actual 0.202, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 29, 2023: actual 0.073, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 28, 2023: actual 0.232, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 19, 2024: actual 0.092, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual 0.217, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual 0.112, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 26, 2025: actual 0.207, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 24, 2026: actual 0.122, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates30.59B23.22B15.84B8.46BQ2 '22No estimateQ1 '23MissQ3 '23No estimateQ1 '24MissQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26No estimate
Q2 2022, reported Jun 30, 2022: actual 13.92B HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 29, 2023: actual 10.33B HKD, estimate 29.07B HKD, surprise -64.44%, Miss. Q3 2023, reported Aug 28, 2023: actual 13.47B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 19, 2024: actual 9.95B HKD, estimate 26.92B HKD, surprise -63.03%, Miss. Q3 2024, reported Aug 28, 2024: actual 12.17B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual 10.8B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 26, 2025: actual 12.28B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 24, 2026: actual 10.9B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$1.042

2017 complete year+1712.2% since 2010

2026 partial: HK$0.177

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 15, 2026

HK$0.177

Annual

Record Jun 16, 2026 · Payment Jul 8, 2026

Dividend

Ex-dividend Jun 17, 2025

HK$0.166

Annual

Record Jun 18, 2025 · Payment Jul 9, 2025

Dividend

Ex-dividend Jun 18, 2024

HK$0.159

Annual

Record Jun 19, 2024 · Payment Jul 10, 2024

Dividend

Ex-dividend Jun 13, 2023

HK$0.133

Annual

Record Jun 14, 2023 · Payment Jul 7, 2023

Dividend

Ex-dividend Jun 14, 2022

HK$0.125

Annual

Record Jun 15, 2022 · Payment Jul 8, 2022

Dividend

Ex-dividend Jun 8, 2021

HK$0.106

Annual

Record Jun 9, 2021 · Payment Jul 2, 2021

0506.HK peers

ETFs holding 0506.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research 0506.HK

research.disclaimer