Panda Dairy Corp

Panda Dairy Corp

300898 · SHE · Consumer Defensive / Packaged Foods

18.70CNY-0.53 (-2.76%)

Price History

Full chart

Market Stats

Previous Close19.23
Open19.12
Day Range18.62 – 19.27
52-Week Range17.70 – 30.18
Volume2.97M
Market Cap2.55B
P/E (TTM)25.09
Forward P/E0.00
EPS0.82
Dividend Yield2.92%
Beta0.52
50-Day Avg20.37
200-Day Avg23.31

About

Panda Dairy Corporation engages in the research, development, production, and sale of concentrated dairy products in China. It operates through Concentrated Dairy Products, Coconut Products, and Dairy Trading segments. The company offers sweetened and unsweetened condensed milk; evaporated milk and condensed milk sauces; cream, concentrated milk, and base milk; thick, fresh, and freshly squeezed coconut milk, and other coconut products; mozzarella cheese, flavored cheese slices, cream cheese, and cheese sauces; grain-based milk; mango pomelo sago; whipping cream; non-hydrogenated base, butter base, and light milk; cheese snacks, lollipops, popcorn, and biscuits; and sauces and milk tea catering ingredients. It also engages in supply chain management, food business, investment, and Internet sales activities; provision of technical services; and trading in dairy products. The company's products are used in catering, baking, beverage, and dessert applications. It sells its products under the Panda, Kebao, Coconut, Zhichun Times, Red Panda Companion, and Nothing Cheese brands. The company was founded in 1956 and is headquartered in Wenzhou, China.

Company Details

  • SectorConsumer Defensive
  • IndustryPackaged Foods
  • CEOMr. Xian Li
  • Employees786
  • HeadquartersNo. 650-668, Jianxing East Road, Wenzhou, China, 325800, China
  • Websitehttps://www.pandadairy.com

Leadership

  • Mr. Xian LiGM & Chairman · b. 1977
  • Mr. Xiaoyu XuDeputy GM, Board Secretary, CFO & Director · b. 1977
  • Mr. Xuejun LiDeputy Director of Marketing Department, Director of E-Commerce Division & Director · b. 1982
  • Mr. Pinghua ChenDeputy GM & Employee Representative Director · b. 1967
  • Mr. Dongsheng ZhanDeputy GM & Director · b. 1975
  • Ms. Wen-Chen LinDeputy General Manager · b. 1969
  • Mr. Zhenyu WuDeputy General Manager · b. 1975
  • Xue Fang ZengAccounting Supervisor

Financials

Income Statement

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue573.70M425.75M382.31M366.06M408.79M534.26M601.65M603.75M684.35M856.90M891.62M946.94M764.30M811.08M
Growth (%)--25.79%-10.20%-4.25%+11.67%+30.69%+12.61%+0.35%+13.35%+25.21%+4.05%+6.20%-19.29%+6.12%
Cost of Revenue524.77M371.80M316.84M230.02M254.81M373.34M405.54M431.77M516.97M657.87M724.77M733.04M550.28M603.65M
Gross Profit48.94M53.95M65.47M136.05M153.98M160.92M196.11M171.99M167.37M199.03M166.85M213.90M214.02M207.44M
Gross Margin8.53%12.67%17.12%37.16%37.67%30.12%32.60%28.49%24.46%23.23%18.71%22.59%28.00%25.58%
Operating Expense49.23M46.94M54.26M52.62M57.47M59.38M88.11M92.83M88.18M103.23M105.35M90.63M91.57M110.64M
Operating Income-296.52K7.01M11.21M83.42M96.51M101.54M108.00M79.16M79.19M95.80M61.50M123.26M122.45M96.80M
Operating Margin-0.05%1.65%2.93%22.79%23.61%19.01%17.95%13.11%11.57%11.18%6.90%13.02%16.02%11.93%
EBITDA8.87M18.77M29.57M99.38M108.42M109.01M124.83M97.73M118.57M118.65M86.20M149.64M147.16M148.52M
EBITDA Margin1.55%4.41%7.73%27.15%26.52%20.40%20.75%16.19%17.33%13.85%9.67%15.80%19.25%18.31%
Net Income-92.42K5.14M17.37M73.92M85.53M86.91M94.75M66.61M81.51M77.35M53.41M109.01M102.50M108.01M
Net Income Margin-0.02%1.21%4.54%20.19%20.92%16.27%15.75%11.03%11.91%9.03%5.99%11.51%13.41%13.32%
R&D6.23M8.08M7.38M17.63M18.94M12.90M13.65M15.37M14.58M18.41M18.41M17.34M19.57M15.06M
R&D as % of Total Revenue1.09%1.90%1.93%4.82%4.63%2.41%2.27%2.55%2.13%2.15%2.06%1.83%2.56%1.86%
Interest Expense4.38M6.40M8.63M6.02M1.08M1.95M768.23K662.25K2.64M2.38M4.42M3.79M1.80M141.81K
Interest Expense % of Total Revenue0.76%1.50%2.26%1.64%0.26%0.37%0.13%0.11%0.39%0.28%0.50%0.40%0.24%0.02%

Balance Sheet

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets219.89M215.10M181.88M244.61M428.66M491.59M547.85M592.10M983.85M1.07B1.08B1.15B1.09B1.15B
Total Liabilities189.18M138.68M111.91M105.82M58.51M86.14M73.81M81.66M203.65M223.52M204.18M197.11M98.25M120.31M
Total Equity27.28M72.41M70.12M138.57M369.46M402.46M469.31M502.29M769.19M827.94M859.23M943.65M984.28M1.02B
Cash27.69M18.01M28.62M52.53M153.38M46.81M41.09M53.56M194.82M140.52M143.61M261.36M182.30M95.34M
Total Debt41.50M47.40M39.23M20.99M3.40M3.00M-15.90M118.38M71.57M91.12M100.07M670.54K-
Net Debt13.81M29.39M10.61M-31.54M-149.98M-43.81M-41.09M-37.66M-76.44M-68.94M-52.50M-160.85M-181.63M-

Cash Flow

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-940.99K-44.09M47.35M65.65M82.81M64.21M100.18M84.17M68.90M111.20M32.00M184.22M176.44M56.84M
Investing Cash Flow-17.84M2.14M3.14M-35.71M-85.07M-122.83M-64.50M-53.29M-216.19M-108.79M-29.22M-14.58M-112.43M-
Financing Cash Flow21.39M42.91M-39.31M-12.23M103.09M-48.10M-33.38M-20.73M288.55M-56.89M-7.64M-49.12M-139.48M-
Capital Expenditure3.17M2.93M1.77M4.03M63.04M153.37M29.76M8.46M39.14M68.83M45.92M34.54M28.36M10.19M
Free Cash Flow-4.11M-47.02M45.57M61.62M19.77M-89.16M70.42M75.72M29.76M42.37M-13.92M149.69M148.07M46.64M
Dividends Paid3.99M4.66M27.59M28.04M27.73M56.65M30.38M37.20M93.00M18.60M25.00M25.03M63.17M74.99M
FCF to OCF437.15%106.64%96.25%93.86%23.87%-138.86%70.30%89.95%43.19%38.10%-43.51%81.25%83.92%82.06%
Dividend Paid to FCF-97.07%-9.91%60.55%45.51%140.25%-63.54%43.14%49.13%312.48%43.90%-179.52%16.72%42.66%160.78%

Earnings

Report DateOct 28, 2020Dec 31, 2020Apr 26, 2021Aug 17, 2021Oct 20, 2021Dec 31, 2021Apr 25, 2022Aug 25, 2022Oct 26, 2022Dec 31, 2022Apr 26, 2023Aug 17, 2023Oct 23, 2023Feb 8, 2024Apr 24, 2024Aug 15, 2024Sep 30, 2024Dec 31, 2024Apr 23, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate------------------------
EPS Actual0.290.350.120.180.190.140.090.090.140.110.110.220.280.220.210.170.250.200.110.220.240.290.140.15
Surprise------------------------
TimingPre-market-Pre-marketAfter-hoursPre-market-Pre-marketAfter-hoursPre-market-Pre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-market--Pre-market-----

Key Statistics & Ratios

Market Cap2.55B
Enterprise Value2.12B
Trailing P/E25.09
Forward P/E0.00
Price / Sales2.94
Price / Book2.51
EPS0.82
Book Value7.97
Revenue (TTM)867.37M
Gross Profit (TTM)221.27M
EBITDA114.70M
Profit Margin11.80%
Operating Margin9.06%
Return on Equity9.98%
Return on Assets5.10%
Shares Outstanding124.00M
Shares Float57.48M
Beta0.52
Dividend Yield2.92%
Dividend Rate0.60
Payout Ratio72.70%

Dividends

20261×
0.60May 29, 2026
20251×
0.60May 28, 2025
20241×
0.50May 28, 2024
20231×
0.20May 24, 2023
20221×
0.20May 20, 2022
20211×
0.15May 27, 2021