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INDICATIVE · SAMPLE DATA
002969$20.0656

Jiamei Food Packaging (Chuzhou) Co Ltd

Non-Paper Containers & PackagingVerified

Jiamei Food Packaging (Chuzhou) Co Ltd has a market capitalization of 22.04 billion CNY and a price-to-earnings ratio of 254.45, indicating a high valuation relative to its earnings. The company's price-to-book ratio is 8.66, and its enterprise value to EBITDA is 185.73, both of which suggest a premium valuation compared to its book value and operating performance. The company's liquidity position is characterized as medium, with a current ratio of 1.5, indicating it has sufficient short-term assets to cover its short-term liabilities. In terms of profitability, the company's return on equity is 3.41%, and its return on assets is 1.99%, both of which are below the industry median for the Non-Paper Containers & Packaging sector. The company's gross profit margin is 13.28%, and its operating margin is 4.36%, which are also below the industry median. The company's net income of 86.6 million CNY is relatively modest compared to its revenue of 2.81 billion CNY. The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the provided data. This lack of diversification may expose the company to higher operational and market risks, particularly in the event of regional economic downturns or supply chain disruptions. The company's growth trajectory is not clearly defined in the provided data, as there are no forward-looking revenue projections or historical growth rates available. The company's capital expenditure of -228.2 million CNY indicates a reduction in investment in physical assets, which may signal a focus on cost optimization or a slowdown in expansion. The company's free cash flow of 27.1 million CNY is relatively low, suggesting limited capacity for reinvestment or shareholder returns. The company's risk profile is characterized by a medium liquidity risk and a low dilution risk. The company's debt-to-equity ratio is 0.3, indicating a relatively conservative capital structure. However, the company's net cash position is negative after subtracting total debt, which may limit its financial flexibility. The company's liquidity risk is moderate, as it has sufficient current assets to cover its current liabilities. The company has not disclosed any recent events, such as filings or transcripts, that would provide insight into its strategic direction or operational performance. The absence of recent disclosures may indicate a lack of material developments or a limited public presence.

30-day price · 002969-2.87 (-12.8%)
Low$17.77High$25.42Close$19.47As of22 May, 00:00 UTC
Profile
CompanyJiamei Food Packaging (Chuzhou) Co Ltd
Ticker002969.SZ
SectorBasic Materials
BusinessApplied Resources
Industry groupApplied Resources
IndustryNon-Paper Containers & Packaging
AI analysis

Business. Jiamei Food Packaging (Chuzhou) Co Ltd is a manufacturer and supplier of food packaging products, primarily serving the food and beverage industry.

Classification. The company is classified under the Basic Materials economic sector, Applied Resources business sector, and Non-Paper Containers & Packaging industry with a confidence level of 0.92.

Jiamei Food Packaging (Chuzhou) Co Ltd has a market capitalization of 22.04 billion CNY and a price-to-earnings ratio of 254.45, indicating a high valuation relative to its earnings. The company's price-to-book ratio is 8.66, and its enterprise value to EBITDA is 185.73, both of which suggest a premium valuation compared to its book value and operating performance. The company's liquidity position is characterized as medium, with a current ratio of 1.5, indicating it has sufficient short-term assets to cover its short-term liabilities. In terms of profitability, the company's return on equity is 3.41%, and its return on assets is 1.99%, both of which are below the industry median for the Non-Paper Containers & Packaging sector. The company's gross profit margin is 13.28%, and its operating margin is 4.36%, which are also below the industry median. The company's net income of 86.6 million CNY is relatively modest compared to its revenue of 2.81 billion CNY. The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the provided data. This lack of diversification may expose the company to higher operational and market risks, particularly in the event of regional economic downturns or supply chain disruptions. The company's growth trajectory is not clearly defined in the provided data, as there are no forward-looking revenue projections or historical growth rates available. The company's capital expenditure of -228.2 million CNY indicates a reduction in investment in physical assets, which may signal a focus on cost optimization or a slowdown in expansion. The company's free cash flow of 27.1 million CNY is relatively low, suggesting limited capacity for reinvestment or shareholder returns. The company's risk profile is characterized by a medium liquidity risk and a low dilution risk. The company's debt-to-equity ratio is 0.3, indicating a relatively conservative capital structure. However, the company's net cash position is negative after subtracting total debt, which may limit its financial flexibility. The company's liquidity risk is moderate, as it has sufficient current assets to cover its current liabilities. The company has not disclosed any recent events, such as filings or transcripts, that would provide insight into its strategic direction or operational performance. The absence of recent disclosures may indicate a lack of material developments or a limited public presence.
Key takeaways
  • The company is valued at a premium relative to its earnings and book value, with a high price-to-earnings ratio of 254.45 and a price-to-book ratio of 8.66.
  • The company's profitability metrics, including return on equity and return on assets, are below the industry median, indicating subpar performance.
  • The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification, which may increase its exposure to regional risks.
  • The company's capital expenditure is negative, suggesting a reduction in investment in physical assets, and its free cash flow is relatively low, indicating limited capacity for reinvestment or shareholder returns.
  • The company's liquidity position is moderate, with a current ratio of 1.5, and its debt-to-equity ratio is 0.3, indicating a relatively conservative capital structure.
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Financial snapshot
PeriodHA-latest
CurrencyCNY
Revenue$2.81B
Gross profit$374.0M
Operating income$122.7M
Net income$86.6M
R&D
SG&A
D&A
SBC
Operating cash flow$439.0M
CapEx-$228.2M
Free cash flow$27.1M
Total assets$4.35B
Total liabilities$1.81B
Total equity$2.54B
Cash & equivalents
Long-term debt$757.9M
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0$2.81B$122.7M$86.6M$27.1M
FY-1$3.20B$254.6M$183.3M-$113.1M
FY-2$3.15B$217.2M$154.3M$29.9M
FY-3$2.98B$30.4M$17.0M-$328.0M
FY-4$3.45B$190.8M$163.9M-$9.9M
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0$4.35B$2.54B
FY-1$4.49B$2.44B
FY-2$4.37B$2.52B
FY-3$4.48B$2.38B
FY-4$4.67B$2.36B
PeriodOCFCapExFCFSBC
FY0$439.0M-$228.2M$27.1M
FY-1$502.8M-$231.4M-$113.1M
FY-2$355.7M-$304.9M$29.9M
FY-3$322.6M-$504.1M-$328.0M
FY-4$319.0M-$325.5M-$9.9M
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0$857.4M$89.0M$66.9M
FQ-1$775.6M$76.6M$47.4M
FQ-2$782.6M$25.5M$19.4M
FQ-3$654.1M$13.1M$7.2M
FQ-4$602.5M$16.5M$12.6M
FQ-5$1.12B$166.3M$109.0M
FQ-6$702.7M$23.0M$16.9M
FQ-7$650.0M$15.4M$9.4M
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0$4.39B$3.26B$361.1M
FQ-1$4.35B$2.54B
FQ-2$4.31B$2.40B$374.8M
FQ-3$4.36B$2.42B
FQ-4$4.12B$2.42B$417.1M
FQ-5$4.49B$2.44B
FQ-6$4.18B$2.33B$297.2M
FQ-7$4.09B$2.32B
PeriodOCFCapExFCFSBC
FQ0$81.4M-$65.6M
FQ-1$439.0M-$228.2M
FQ-2$321.2M-$175.7M
FQ-3$206.2M-$103.2M
FQ-4$166.5M-$65.0M
FQ-5$502.8M-$231.4M
FQ-6$392.9M-$172.1M
FQ-7$361.7M-$114.7M
Valuation
Market price$20.06
Market cap$22.04B
Enterprise value$22.79B
P/E254.4
Reported non-GAAP P/E
EV/Revenue8.1
EV/Op income185.7
EV/OCF51.9
P/B8.7
P/Tangible book8.7
Tangible book$2.54B
Net cash-$757.9M
Current ratio1.5
Debt/Equity0.3
ROA2.0%
ROE3.4%
Cash conversion5.1%
CapEx/Revenue-8.1%
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskMedium
  • Net cash is negative after subtracting total debt.
Industry benchmarks
Activity: Non-Paper Containers & Packaging · cohort 3 companies
Metric002969Activity
Op margin4.4%12.9% medp25 12.7% · p75 13.1%bottom quartile
Net margin3.1%3.6% medp25 0.2% · p75 6.8%below median
Gross margin13.3%20.0% medp25 14.1% · p75 29.1%bottom quartile
R&D / revenue1.5% medp25 0.9% · p75 2.2%
CapEx / revenue-8.1%3.3% medp25 2.6% · p75 5.2%bottom quartile
Debt / equity30.0%143.2% medp25 92.9% · p75 161.6%bottom quartile
Source: analysis-pipeline (hybrid)Generated: 2026-05-18 00:48 UTCJob: 87afde84