Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
300146.SZ
HOLDREMOVEByhealth Co., Ltd · Consumer Defensive · China · $2.6B · Avg Vol: $22M/d
Byhealth is a Chinese dietary supplement brand. Despite decent historical returns, it faces structural headwinds from weak domestic consumer spending in China and lacks any connection to our core macro themes.
COMPANY DESCRIPTION
Byhealth Co., Ltd. is China's leading manufacturer and distributor of dietary supplements, offering vitamins, minerals, and herbal extracts under brands like 'BY-HEALTH' and 'Life-Space'. The company commands the largest market share in China's VMS (Vitamins, Minerals, and Supplements) sector, supported by an extensive pharmacy retail network and growing e-commerce channels. Its competitive moat is built on strong brand equity, strict global raw material sourcing, and a highly developed multi-channel distribution system.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 1.2B | 1.4B | 1.0B | 925.9M | -7.3% |
| EPS | 0.12 | 0.15 | 0.06 | 0.07 | -16.9% |
| Shares | 1.7B | 1.7B | 1.7B | 1.7B | -0.5% |
| Debt | 3.6M | 25.7M | 228.1M | 152.6M | 249.2% |
| Equity | 1.6B | 1.8B | 1.6B | 1.6B | 1.3% |
| Op CF | 203.8M | 303.1M | 101.4M | 179.4M | -4.2% |
| Inv CF | -19.4M | -196.1M | -169.8M | -108.1M | — |
| Fin CF | -181.4M | -55.0M | -38.9M | -182.7M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Defensive, ranked by industry match, size, and score similarity. Cross-listings of 300146.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 300146.SZ | Byhealth Co., Ltd(you) | $2.6B | 59 | HOLD |
| 002507.SZ | Chongqing Fuling Zhacai Group Co., Ltd. | $1.9B | 56 | HOLD |
| 002946.SZ | New Hope Dairy Co., Ltd. | $2.0B | 66 | BUY |
| 600872.SS | Jonjee Hi-Tech Industrial and Commercial Holding Co.,Ltd | $2.0B | 69 | BUY |
| 6186.HK | China Feihe Limited | $3.3B | 70 | BUY |
| 600186.SS | Lotus Holdings Co.,Ltd. | $3.8B | 69 | BUY |
| 002216.SZ | Sanquan Food Co., Ltd. | $1.5B | 68 | BUY |
| 9985.HK | WEILONG Delicious Global Holdings Ltd | $2.3B | 77 | BUY |
| 605016.SS | Shandong Bailong Chuangyuan Bio-Tech Co., Ltd. | $1.5B | 69 | BUY |
| 002557.SZ | Chacha Food Company, Limited | $1.4B | 50 | HOLD |
Peer medians: ROE 8.5% · P/E 20.9x · Gross margin 33.2%