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Shanghai Bolex Food Technology Co. Ltd.

603170 · SHG · Consumer Defensive / Packaged Foods

12.84CNY-0.16 (-1.23%)

Price History

Full chart

Market Stats

Previous Close13.00
Open13.00
Day Range12.78 – 13.13
52-Week Range10.65 – 16.28
Volume3.28M
Market Cap5.47B
P/E (TTM)19.83
Forward P/E0.00
EPS0.69
Dividend Yield3.29%
Beta0.51
50-Day Avg12.64
200-Day Avg13.10

About

Shanghai Bolex Food Technology Co., Ltd. engages in the research, development, production, and sales of condiments and pre-cooked food in China and internationally. The company's products portfolio includes compound seasonings, light cooking sauce packets, light cooking soup packets, and other light cooking solutions, as well as beverage and dessert ingredients comprising jams, popping beads, crystal balls, and tapioca pearls. The company offers its products under various categories, such as breading, bread crumbs, marinades, dusting powder, seasoning sauces, salad dressings, jams, seasoning packets, prepared food products, canned fruits and vegetables, baking premixes, and ready-to-drink beverages. It also provides technical services related to food seasonings. The company serves catering companies, the food industry, and household consumers. Shanghai Bolex Food Technology Co., Ltd. was founded in 2001 and is headquartered in Shanghai, China.

Company Details

  • SectorConsumer Defensive
  • IndustryPackaged Foods
  • CEOMr. Hongwu He
  • Employees1.46K
  • HeadquartersNo. 433, Rongxing Road, Shanghai, China, 201613, China
  • Websitehttps://www.bolexfoods.com

Leadership

  • Mr. Hongwu HeMD, GM & Director · b. 1970
  • Mr. Ming RenCFO, Accounting Supervisor, Board Secretary & Director · b. 1982
  • Mr. Zhe YangDeputy GM & Sales Director · b. 1978
  • Ms. Dong Yun LiangDeputy GM and R&D Director · b. 1974
  • Ms. Ying RenEmployee Representative Supervisor & Production Director · b. 1986
  • Ms. Xuan ZhangChairman of the Supervisory Board & Financial Manager · b. 1976

Financials

Income Statement

Currency: CNY2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue904.79M1.58B2.04B2.37B2.65B2.93B
Growth (%)-+74.37%+29.10%+16.31%+11.91%+10.66%
Cost of Revenue643.93M1.08B1.33B1.58B1.78B1.96B
Gross Profit260.87M492.80M704.09M785.06M869.90M976.20M
Gross Margin28.83%31.24%34.57%33.14%32.81%33.28%
Operating Expense78.34M232.95M395.94M449.53M505.51M579.98M
Operating Income182.53M259.85M308.16M335.52M364.39M396.22M
Operating Margin20.17%16.47%15.13%14.16%13.74%13.51%
EBITDA--343.78M461.40M417.87M463.90M
EBITDA Margin--16.88%19.48%15.76%15.81%
Net Income134.12M185.41M215.36M301.04M233.24M262.60M
Net Income Margin14.82%11.75%10.57%12.71%8.80%8.95%
R&D31.78M39.82M43.31M46.75M52.99M57.84M
R&D as % of Total Revenue3.51%2.52%2.13%1.97%2.00%1.97%
Interest Expense4.40M5.12M4.22M3.30M7.04M5.87M
Interest Expense % of Total Revenue0.49%0.32%0.21%0.14%0.27%0.20%

Balance Sheet

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-837.45M1.12B1.53B1.90B2.14B2.29B
Total Liabilities-352.96M438.38M387.01M401.51M584.28M597.86M
Total Equity-482.05M652.46M1.13B1.35B1.38B1.48B
Cash-65.81M100.04M403.94M491.38M587.99M623.65M
Net Debt63.04M77.08M40.16M----

Cash Flow

Currency: CNY2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow131.17M178.90M252.28M166.48M320.21M269.91M
Capital Expenditure119.29M153.84M70.67M225.54M164.40M106.66M
Free Cash Flow11.88M25.06M181.61M-59.07M155.81M163.25M
Dividends Paid5.98M23.78M4.31M100.65M210.01M156.71M
FCF to OCF9.06%14.01%71.99%-35.48%48.66%60.48%
Dividend Paid to FCF50.33%94.92%2.37%-170.40%134.78%95.99%

Earnings

Report DateAug 26, 2022Oct 28, 2022Apr 28, 2023
EPS Estimate---
EPS Actual0.130.150.16
Surprise---
TimingPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap5.47B
Enterprise Value4.42B
Trailing P/E19.83
Forward P/E0.00
Price / Sales1.73
Price / Book3.21
EPS0.69
Book Value3.73
Revenue (TTM)3.16B
Gross Profit (TTM)1.04B
EBITDA438.97M
Profit Margin8.70%
Operating Margin10.98%
Return on Equity17.67%
Return on Assets10.64%
Shares Outstanding400.01M
Shares Float135.08M
Beta0.51
Dividend Yield3.29%
Dividend Rate0.45
Payout Ratio63.77%

Dividends

20262×
0.15Sep 14, 20260.30Jun 2, 2026
20252×
0.14Sep 10, 20250.25Jun 3, 2025
20242×
0.15Oct 9, 20240.38May 31, 2024
20231×
0.25Jun 20, 2023