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Ligao Foods Co.Ltd

300973 · SHE · Consumer Defensive / Packaged Foods

22.69CNY-0.40 (-1.73%)

Price History

Full chart

Market Stats

Previous Close23.09
Open23.09
Day Range22.59 – 23.29
52-Week Range21.80 – 46.56
Volume1.71M
Market Cap4.37B
P/E (TTM)16.54
Forward P/E0.00
EPS1.56
Dividend Yield2.71%
Beta0.47
50-Day Avg25.34
200-Day Avg32.26

About

Ligao Foods Co.,Ltd. together with its subsidiaries, engages in the research, development, production, and sale of frozen baked goods and baked food ingredients under the Ligao brand in China and internationally. The company offers mochi, tart shells, donuts, and frozen semi-finished and finished baked goods; baking ingredients, such as light, dairy-based and vegetable-based, and beverage creams; chocolates, snacks, bakery dairy products, and baking sauces and oils; meat floss products, including crispy meat floss, meat powder, meat, and fried meat floss; frozen baked goods consisting of cakes, ice cream, bread, pizza, pastries, and catering products, as well as Portuguese egg tarts, Swiss and dinner rolls, croissants, milk chips, mochi, shortbread, and pizza; fruit products, such as fruit fillings, fruit purees, fruit pastes, and beverage concentrates; and sauces, including salad dressings, pastry cream fillings, and functional sauces. In addition, the company offers stirring fats comprising lactic acid butter, oils, and shortening products; coating fats consisting of butter sheets, sheet-shaped lactic acid butter, sheet-shaped fermented butter, dairy fat Danish pastry oil, and dairy sweetener oil; liquid fats, including dairy-based liquid shortening; and sandwich fats. Further, it provides warehousing and transportation services. The company serves bakeries, large supermarkets, restaurants, and new retail channels. The company exports its products. Ligao Foods Co.,Ltd. was incorporated in 2000 and is headquartered in Guangzhou, China.

Company Details

  • SectorConsumer Defensive
  • IndustryPackaged Foods
  • CEOMr. Yuhui Peng
  • Employees3.95K
  • HeadquartersNo. 3, Xingshi 1st Road, Guangzhou, China, 511330, China
  • Websitehttps://www.ligaofoods.com

Leadership

  • Mr. Yuhui PengChairman of the Board & GM · b. 1968
  • Mr. Shijia WangCFO, Accounting Supervisor, Board Secretary & Employee Representative Director · b. 1991

Financials

Income Statement

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue955.99M1.31B1.58B1.81B2.82B2.91B3.50B3.84B4.35B
Growth (%)-+37.39%+20.58%+14.27%+55.66%+3.32%+20.22%+9.61%+13.51%
Cost of Revenue620.89M820.77M931.59M1.12B1.84B2.00B2.43B2.65B3.06B
Gross Profit335.10M492.68M652.14M690.01M974.96M909.86M1.07B1.19B1.29B
Gross Margin35.05%37.51%41.18%38.13%34.61%31.26%30.50%30.93%29.67%
Operating Expense280.44M422.88M425.92M399.79M619.21M732.33M969.29M850.72M862.21M
Operating Income54.66M69.80M226.22M290.22M355.74M177.53M97.93M335.65M429.57M
Operating Margin5.72%5.31%14.28%16.04%12.63%6.10%2.80%8.75%9.87%
EBITDA70.82M94.40M256.34M327.11M404.53M256.10M213.84M494.28M593.44M
EBITDA Margin7.41%7.19%16.19%18.08%14.36%8.80%6.11%12.89%13.63%
Net Income43.99M52.31M181.40M232.10M283.10M143.77M73.03M267.97M304.71M
Net Income Margin4.60%3.98%11.45%12.83%10.05%4.94%2.09%6.99%7.00%
R&D29.59M36.11M41.51M52.68M82.20M122.25M147.83M111.95M130.10M
R&D as % of Total Revenue3.09%2.75%2.62%2.91%2.92%4.20%4.22%2.92%2.99%
Interest Expense4.51M2.99M2.71M1.80M3.72M4.81M12.72M23.30M38.33M
Interest Expense % of Total Revenue0.47%0.23%0.17%0.10%0.13%0.17%0.36%0.61%0.88%

Balance Sheet

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets456.90M618.26M795.26M974.69M2.53B2.85B3.94B4.38B4.70B
Total Liabilities262.39M312.67M324.57M322.70M547.17M726.94M1.45B1.80B2.03B
Total Equity194.51M305.59M470.69M651.99M1.99B2.12B2.47B2.56B2.67B
Cash51.20M92.96M193.30M204.23M784.03M531.91M1.06B558.13M619.29M
Total Debt65.34M63.98M60.08M59.87M68.52M142.07M934.51M1.04B-
Net Debt14.14M-28.98M-133.22M-144.36M-715.51M-389.84M-103.60M480.95M586.21M

Cash Flow

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow117.37M108.24M263.78M285.13M291.42M342.73M304.71M452.60M495.31M
Investing Cash Flow-88.21M-99.47M-124.32M-157.13M-711.67M-578.72M-707.55M-884.22M-
Financing Cash Flow-357.23K32.95M-39.30M-117.50M1.00B-18.37M928.81M-78.40M-
Capital Expenditure88.21M99.85M103.96M155.82M714.53M578.60M385.42M593.96M498.02M
Free Cash Flow29.16M8.39M159.82M129.32M-423.12M-235.87M-80.71M-141.37M-2.71M
Dividends Paid3.92M2.69M16.51M50.80M84.67M84.67M84.67M126.92M129.43M
FCF to OCF24.84%7.76%60.59%45.35%-145.19%-68.82%-26.49%-31.23%-0.55%
Dividend Paid to FCF13.44%32.09%10.33%39.28%-20.01%-35.90%-104.91%-89.78%-4768.31%

Earnings

Report DateApr 28, 2021Aug 26, 2021Oct 28, 2021Apr 25, 2022Aug 28, 2022Oct 27, 2022Dec 31, 2022Apr 27, 2023Aug 29, 2023Oct 25, 2023Dec 31, 2023Apr 28, 2024Aug 30, 2024Oct 29, 2024Dec 31, 2024Apr 28, 2025Aug 28, 2025Oct 28, 2025Dec 31, 2025Apr 27, 2026Aug 27, 2026
EPS Estimate-----0.280.370.360.320.37-0.400.380.390.320.440.450.400.490.440.440.41
EPS Actual0.580.410.360.510.180.180.260.270.310.29-0.450.420.360.390.380.520.480.450.380.380.38
Surprise------35.71%-29.73%-25.00%-3.13%-21.62%-12.50%10.53%-8.41%21.88%-13.61%15.56%20.00%-8.16%-13.86%-13.64%-7.32%
TimingPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-market-Pre-marketPre-marketPre-market-After-hours-Pre-market-Pre-marketPre-marketPre-market-Pre-marketPre-market

Key Statistics & Ratios

Market Cap4.37B
Enterprise Value4.98B
Trailing P/E16.54
Forward P/E0.00
Price / Sales0.97
Price / Book1.60
EPS1.56
Book Value16.28
Revenue (TTM)4.49B
Gross Profit (TTM)1.30B
EBITDA533.06M
Profit Margin5.80%
Operating Margin7.46%
Return on Equity9.59%
Return on Assets4.98%
Shares Outstanding169.34M
Shares Float80.80M
Beta0.47
Dividend Yield2.71%
Dividend Rate0.70
Payout Ratio44.05%

Dividends

20261×
0.50Jun 26, 2026
20252×
0.20Dec 2, 20250.50Jun 26, 2025
20242×
0.20Dec 2, 20240.50Jun 28, 2024
20231×
0.50Jun 2, 2023
20221×
0.50Jun 24, 2022
20211×
0.50Jun 22, 2021