COFCO Joycome Foods Limited logo

COFCO Joycome Foods Limited

1610.HK

HKSEConsumer DefensivePackaged Foods

Latest quote

HK$1.11

−HK$0.02 · -1.77%

Aug 24, 4:08 PM HKT

1610.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

COFCO Joycome Foods Limited operates as an investment holding company with primary business activities in mainland China, focusing on swine farming and sales, as well as livestock processing. The enterprise organizes its operations across four main divisions: Hog Production, Fresh Pork, Processed Meat Products, and Meat Import. Additionally, the company engages in manufacturing animal feed; the slaughtering, wholesale, and retail distribution of fresh and frozen meats; the production and marketing of processed meat items and fresh pork under its proprietary Maverick and Joycome brands; and the commerce of imported meat products such as pork, beef, poultry, mutton, and their by-products. Originally incorporated in 2002 as COFCO Meat Holdings Limited, the firm adopted its present name in October 2020. Its corporate headquarters are situated in Beijing, People's Republic of China.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
CN
CEO
Nan Zhang
Listed since
Nov 1, 2016
Employees
14,706

Market position

52-week range

Current HK$1.11

Open
HK$1.11
Previous close
HK$1.13
Volume
0
0× average
Average volume
19.11M
Average daily volume
Market cap
5.09B HKD
Beta
1.01
Market reference 1
50-day average
HK$1.0819
+2.60% above average
200-day average
HK$1.3914
-20.23% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
15.9B CNY
EV / EBITDA
26.13×
Earnings yield
-11.62%
Free cash flow yield
-28.96%

Profitability & efficiency

Return on equity
-8.64%
Return on assets
-3.43%
Return on invested capital
-0.47%

Financial health

Current ratio
0.6×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends25%15%4%-7%Gross margin, FY2021: 22.59%Gross margin, FY2022: 17.45%Gross margin, FY2023: 10.59%Gross margin, FY2024: 12.19%Gross margin, FY2025: 6.28%Operating margin, FY2021: 16.76%Operating margin, FY2022: 12.30%Operating margin, FY2023: 5.24%Operating margin, FY2024: 5.34%Operating margin, FY2025: -0.49%Net margin, FY2021: -3.48%Net margin, FY2022: 2.76%Net margin, FY2023: -1.17%Net margin, FY2024: 3.30%Net margin, FY2025: -4.01%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 22.59%. Gross margin FY2022 17.45%. Gross margin FY2023 10.59%. Gross margin FY2024 12.19%. Gross margin FY2025 6.28%. Operating margin FY2021 16.76%. Operating margin FY2022 12.30%. Operating margin FY2023 5.24%. Operating margin FY2024 5.34%. Operating margin FY2025 -0.49%. Net margin FY2021 -3.48%. Net margin FY2022 2.76%. Net margin FY2023 -1.17%. Net margin FY2024 3.30%. Net margin FY2025 -4.01%.

Income trends

Revenue

18.58B CNY+13.80%

Operating income

−90.81M CNY−963.34M CNY

Net income

−745.88M CNY−1.28B CNY
Income trends across reported periods20.51B CNY12.78B CNY5.05B CNY−2.68B CNYRevenue, FY2021: 13.23B CNYRevenue, FY2022: 12.9B CNYRevenue, FY2023: 11.57B CNYRevenue, FY2024: 16.33B CNYRevenue, FY2025: 18.58B CNYOperating income, FY2021: 2.22B CNYOperating income, FY2022: 1.59B CNYOperating income, FY2023: 605.72M CNYOperating income, FY2024: 872.53M CNYOperating income, FY2025: −90.81M CNYNet income, FY2021: −459.7M CNYNet income, FY2022: 356.67M CNYNet income, FY2023: −135.68M CNYNet income, FY2024: 538.22M CNYNet income, FY2025: −745.88M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 13.23B CNY. Revenue FY2022 12.9B CNY. Revenue FY2023 11.57B CNY. Revenue FY2024 16.33B CNY. Revenue FY2025 18.58B CNY. Operating income FY2021 2.22B CNY. Operating income FY2022 1.59B CNY. Operating income FY2023 605.72M CNY. Operating income FY2024 872.53M CNY. Operating income FY2025 −90.81M CNY. Net income FY2021 −459.7M CNY. Net income FY2022 356.67M CNY. Net income FY2023 −135.68M CNY. Net income FY2024 538.22M CNY. Net income FY2025 −745.88M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue18.58B CNY16.33B CNY11.57B CNY12.9B CNY13.23B CNY
Cost of goods sold17.41B CNY14.34B CNY10.34B CNY10.65B CNY10.24B CNY
Gross profit1.17B CNY1.99B CNY1.22B CNY2.25B CNY2.99B CNY
Selling, general, and administrative1.26B CNY1.12B CNY860.7M CNY664.12M CNY771.35M CNY
Operating expenses1.26B CNY1.12B CNY618.89M CNY664.12M CNY771.35M CNY
Interest income8.43M CNY23.96M CNY10.05M CNY11.6M CNY13.74M CNY
Interest expense146.38M CNY123.73M CNY132.24M CNY176.86M CNY123.37M CNY
Depreciation and amortization699.39M CNY581.25M CNY637.01M CNY527.4M CNY422.49M CNY
Operating income−90.81M CNY872.53M CNY605.72M CNY1.59B CNY2.22B CNY
Net income−745.88M CNY538.22M CNY−135.68M CNY356.67M CNY−459.7M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
20%
1 beat, 4 misses, 0 met estimates
Average EPS surprise
-78.20%
5 comparable reports
Latest EPS result
-0.26

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.390.16-0.07-0.3Q3 '22MissQ1 '23MissQ3 '23No estimateQ1 '24No estimateQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26No estimate
Q3 2022, reported Aug 23, 2022: actual -0.139, estimate 0.34, surprise -140.79%, Miss. Q1 2023, reported Mar 28, 2023: actual 0.239, estimate 0.34, surprise -29.65%, Miss. Q3 2023, reported Aug 24, 2023: actual -0.119, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 19, 2024: actual 0.081, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual 0.059, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual 0.067, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 25, 2025: actual 0.076, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 23, 2026: actual -0.256, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates20.48B15.04B9.61B4.17BQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24MissQ1 '25BeatQ3 '25BeatQ1 '26No estimateQ3 '26Estimate
Q1 2023, reported Mar 28, 2023: actual 8.55B HKD, estimate 19.32B HKD, surprise -55.74%, Miss. Q3 2023, reported Aug 24, 2023: actual 6.29B HKD, estimate 14.25B HKD, surprise -55.88%, Miss. Q1 2024, reported Mar 19, 2024: actual 6.33B HKD, estimate 15.86B HKD, surprise -60.10%, Miss. Q3 2024, reported Aug 28, 2024: actual 4.91B HKD, estimate 15.55B HKD, surprise -68.42%, Miss. Q1 2025, reported Mar 25, 2025: actual 12.51B HKD, estimate 9.81B HKD, surprise +27.58%, Beat. Q3 2025, reported Aug 25, 2025: actual 9.82B HKD, estimate 9.78B HKD, surprise +0.38%, Beat. Q1 2026, reported Mar 23, 2026: actual 10.7B HKD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 26, 2026: actual —, estimate 11.68B HKD, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Dividend

Ex-dividend May 27, 2022

HK$0.18

Annual

Record May 31, 2022 · Payment Jun 20, 2022

Dividend

Ex-dividend Jul 5, 2021

HK$0.206

Annual

Record Jul 6, 2021 · Payment Jul 23, 2021

Dividend

Ex-dividend Sep 8, 2020

HK$0.118

Semi-Annual

Record Sep 10, 2020 · Payment Sep 30, 2020

Dividend

Ex-dividend Jun 4, 2020

HK$0.048

Semi-Annual

Record Jun 8, 2020 · Payment Jul 31, 2020

1610.HK peers

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

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