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603288.SS

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Foshan Haitian Flavouring and Food Company Ltd. · Consumer Defensive · China · $28.6B · Avg Vol: $98M/d

54
StockRank
Q
73
V
20
M
51
P/E (TTM)
27.3x
ROE
19.1%
D/E
0.0x
Dividend %
3.1%
AI CONVICTION THESIS

Foshan Haitian is a dominant soy sauce producer with high historical ROIC and a strong distribution moat. However, it lacks any alignment with our 18-month macro themes and currently faces valuation and growth normalization headwinds in China.

COMPANY DESCRIPTION

Foshan Haitian Flavouring and Food is China's largest manufacturer of soy sauce and other condiments, including oyster sauce and vinegar. The company's formidable competitive moat is built on its massive scale, unparalleled nationwide distribution network, and high brand equity among domestic consumers. It operates as the dominant market leader in the Chinese condiment industry, enjoying superior pricing power and high operating margins.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGR
Revenue3.8B3.6B4.0B4.3B4.1%
EPS0.160.150.170.183.5%
Shares5.6B5.6B5.6B5.9B+5.2%
Debt40.7M73.1M57.0M41.3M0.5%
Equity3.9B4.2B4.6B6.1B16.1%
Op CF566.0M1.1B1.0B1.1B26.5%
Inv CF-688.4M-121.2M-557.4M-2.0B
Fin CF-593.7M-421.2M-591.4M541.4M
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PRICE (1Y)-9.7%
4.815.015.205.405.59May 12Jun 2Jun 23
SMA 50SMA 200
Close
$5.05
RSI (14)
52.1
52W High
$6.13
From 52W High
0.8%

SCORE BREAKDOWN

Quality
73
ROIC
20.4%86.1
ROE
19.1%80.6
GP/Assets
22.8%38.1
Op. Margin
31.1%95.3
FCF/Assets
6.7%69.6
Piotroski
525.3
Int. Cover
50.0x85.9
D/E Ratio
0.01x93.3
Current Ratio
6.31x96.8
Value
20
P/E (TTM)
27.3x23.0
EV/EBITDA
19.7x14.9
P/FCF
376.7x12.0
P/B
4.7x13.0
P/S
6.7x4.1
Div Yield
3.1%53.7
Momentum
51
52W High %
82%49.2
RS 6M
-11%58.0
SMA 50/200
0.99x54.9
EPS Rev 4W
N/A
EPS Rev 12W
N/A
EPS Improve
+19%36.5
Q Growth
11%53.2

FUNDAMENTALS

Market Cap
$28.6B
P/E (Forward)
22.9x
Gross Margin
40.0%

SECTOR PEERS

Closest peers in Consumer Defensive, ranked by industry match, size, and score similarity. Cross-listings of 603288.SS are excluded.

TickerCompanyMkt CapStockRankSignal
603288.SSFoshan Haitian Flavouring and Food Company Ltd.(you)$28.6B54HOLD
600887.SSInner Mongolia Yili Industrial Group Co., Ltd.$23.0B59HOLD
000895.SZHenan Shuanghui Investment & Development Co.,Ltd.$11.7B62HOLD
002311.SZGuangdong Haid Group Co., Limited$10.1B42HOLD
300999.SZYihai Kerry Arawana Holdings Co., Ltd$19.7B20STRONG SELL
300146.SZByhealth Co., Ltd$2.6B59HOLD
600186.SSLotus Holdings Co.,Ltd.$3.8B69BUY
002507.SZChongqing Fuling Zhacai Group Co., Ltd.$1.9B56HOLD
6186.HKChina Feihe Limited$3.3B70BUY
603345.SSAnjoy Foods Group Co., Ltd.$4.2B79BUY

Peer medians: ROE 8.4% · P/E 20.9x · Gross margin 33.2%

Foshan Haitian Flavouring and Food Company Ltd. (603288.SS) — Stock Score Summary

Foshan Haitian Flavouring and Food Company Ltd. (603288.SS) has a MoatMap StockRank of 54/100 based on Quality (73/100), Value (20/100), and Momentum (51/100) factor scores. The current signal is HOLD. Foshan Haitian is a dominant soy sauce producer with high historical ROIC and a strong distribution moat. However, it lacks any alignment with our 18-month macro themes and currently faces valuation and growth normalization headwinds in China.

Foshan Haitian Flavouring and Food is China's largest manufacturer of soy sauce and other condiments, including oyster sauce and vinegar. The company's formidable competitive moat is built on its massive scale, unparalleled nationwide distribution network, and high brand equity among domestic consumers. It operates as the dominant market leader in the Chinese condiment industry, enjoying superior pricing power and high operating margins.

Key Financial Metrics

Price$5.05
Market Cap$28.6B
P/E (TTM)27.29
P/E (Forward)22.89
Price/Book4.74
Return on Equity19.1%
Return on Invested Capital20.4%
Debt/Equity0.87
Gross Margin40.0%
Operating Margin31.1%
Revenue Growth8.6%
Dividend Yield3.1%
Free Cash Flow$76M

Foshan Haitian Flavouring and Food Company Ltd. operates in the Packaged Foods industry, part of the Consumer Defensive sector (China).

Frequently Asked Questions

What is Foshan Haitian Flavouring and Food Company Ltd.’s (603288.SS) StockRank?
MoatMap’s StockRank for Foshan Haitian Flavouring and Food Company Ltd. (603288.SS) is 54/100, with a Hold signal. It is a composite of Quality (73), Value (20), and Momentum (51) factor ranks across MoatMap’s 20,000+ stock universe.
Does Foshan Haitian Flavouring and Food Company Ltd. have an economic moat?
Foshan Haitian Flavouring and Food Company Ltd. (603288.SS) has a Quality factor score of 73/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Foshan Haitian Flavouring and Food Company Ltd. a buy, hold, or sell?
MoatMap’s current signal for Foshan Haitian Flavouring and Food Company Ltd. (603288.SS) is Hold, based on a StockRank of 54/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Foshan Haitian Flavouring and Food Company Ltd. in?
Foshan Haitian Flavouring and Food Company Ltd. (603288.SS) operates in the Consumer Defensive sector, specifically the Packaged Foods industry (China).