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Jinzai Food Group (003000) Fair Value & Analysis

Consumer Defensive · CN · Market cap 4.7B CNY

JF Jinzai Food Group 003000 · SHE
Price¥10.62
Fair Value¥10.35
Upside-2.5%
Quality52/100
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Expensive Growth
Thin margins · 9.5% net margin
Low debt · negative free cash flow
3.66% dividend yield
Ranks above peers (8/13)
Moderate moat 53/100
Evidence: High Range ¥7.97 – ¥12.74 Share as image

Fair value as of: Jul 22, 2026

From 16 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from ¥10.79 to ¥10.35 (−4.1%) since Jun 25, 2026. Share price +4.3% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from ¥7.97 (bear) to ¥12.74 (bull), base ¥10.35. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 52/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥17.29 ¥6.28 Fair Value ¥10.35 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range ¥6.28 – ¥17.29 · fair‑value band ¥7.97 – ¥12.74 · the ¥10.62 price screens above the ¥10.35 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Jinzai Food Group (003000) currently trades at ¥10.62, while our model-based Fair Value estimate is ¥10.35, implying the stock looks roughly 2.5% fairly valued today. The Quality Score stands at 52/100 (solid quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Jinzai Food Group generated revenue of 2.6B CNY at a net margin of 9.5%. Revenue grew 24.2% year over year. It earns a return on equity of 16.4%. The balance sheet holds a net cash position of 366M CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥7.97 (bear case) to ¥12.74 (bull case); at ¥10.62, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 19% below its 52-week high and 12% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -3% fair-value upside, at -3%, 003000 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income ¥3.37 ¥4.15 ¥8.94 76
ROIC Compounder ¥6.11 ¥8.30 ¥11.32 72
Gordon GGM ¥3.54 ¥7.05 ¥10.67 70
All 16 models by family
Earnings-Based
Graham-Dodd ¥3.66 ¥23.63 ¥33.06 54
Lynch FV ¥6.86 ¥9.80 ¥12.74 50
PEG = 1.0 ¥6.86 ¥9.80 ¥12.74 46
EPV ¥5.20 ¥5.88 ¥6.47 59
Dividend Discount
Gordon GGM ¥3.54 ¥7.05 ¥10.67 70
DDM Multi-Stage ¥3.54 ¥6.09 ¥7.44 61
Multiples
P/E Multiple ¥8.48 ¥11.31 ¥14.13 63
P/S Multiple ¥6.50 ¥8.67 ¥10.84 58
P/B Multiple ¥6.86 ¥9.15 ¥11.44 55
EV/EBIT ¥8.38 ¥10.88 ¥13.37 53
EV/EBITDA ¥8.06 ¥10.44 ¥12.83 54
EV/Revenue ¥6.24 ¥8.53 ¥10.82 43
Asset-Based
NCAV (Graham) ¥1.55 ¥2.08 ¥3.11 50
Economic Profit
Residual Income ¥3.37 ¥4.15 ¥8.94 76
ROIC Compounder ¥6.11 ¥8.30 ¥11.32 72
Growth Earnings
Growth-Adj P/E ¥9.67 ¥13.81 ¥17.95 68

Widest divergence: Growth Earnings (¥13.81) versus Asset-Based (¥2.08). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 2.6B CNY
Revenue growth (YoY) +24.2%
Net margin 9.5%
Return on equity 16.4%
Free cash flow −23.3M CNY FY2025
P/E ratio 18.8
More key figures
Operating margin 11.2%
EPS (TTM) ¥0.5600
Dividend yield 3.7%
EPS growth (YoY) +6.9%
Net cash 366M CNY FY2024

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 55 · Market factors (momentum, volatility) 49

Profitability 64
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 35
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 19
Disciplined investing over empire-building
Low Volatility 93
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 24
Distance to the 52-week high (market factor)
Net Issuance 55
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Jinzai Food Group Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of snack foods in China and internationally.

Full company description

Jinzai Food Group Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of snack foods in China and internationally. The company offers fish, soy, and poultry snack products, as well as deep-sea anchovies, quail eggs, dried tofu, dried meat, konjac, vegetarian meat, non-GMO soybeans, duck breast, and other agricultural and sideline products under Jinzai, Seven Doctors, Zhou Xianxian, and Xiaodan Yuanyuan brand names. It exports its products to approximately 40 countries and regions in Europe, America, Japan, South Korea, Australia, and New Zealand. The company was formerly known as Huawen Food Co., Ltd. and changed its name to Jinzai Food Group Co.,Ltd. in April 2021. Jinzai Food Group Co.,Ltd. was founded in 2000 and is based in Changsha, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jinzai Food Group reported revenue of ¥2.4B in FY2025 versus ¥1.1B in FY2021, a compound +21.8%/yr. Reported net income was ¥243M in FY2025, compounding +30.0%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.4B CNY
Latest YoY
+1.3%
Avg. growth/yr (3Y)
+18.7%
Avg. growth/yr (5Y)
+21.9%
Avg. growth/yr (9Y)
+22.4%
Revenue +21.8%/yr
FY21 ¥1.1B
FY22 ¥1.5B
FY23 ¥2.1B
FY24 ¥2.4B
FY25 ¥2.4B
Net income +30.0%/yr
FY21 ¥84.9M
FY22 ¥125M
FY23 ¥210M
FY24 ¥291M
FY25 ¥243M

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Cite: Fair Value Calculator (2026). "Jinzai Food Group Fair Value". https://www.fairvalue-calculator.com/stock/003000

Peer Group

Packaged Foods · 653 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 52 · Below median
Fair Value upside −3% · Above median
Return on equity (TTM) 16% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 11% · Top 25%
Revenue growth 24% · Top 25%
Dividend yield (TTM) 3.7% · Above median
Debt / equity 0.06× · Lower than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 18.8× · Pricier than median
P/B 3.38× · Pricier than 75% of peers
P/S (TTM) 1.83× · Pricier than 75% of peers
EV/EBITDA 14.5× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 30 · sector 29
FUTURE 100 · sector 19
PAST 66 · sector 27
HEALTH 97 · sector 96
DIVIDEND 73 · sector 47

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,427 ₹362.37 -75%
Britannia Industries Limited BRITANNIA ₹5,413 ₹1,870 -65%
Tata Consumer Products Limited TATACONSUM ₹1,089 ₹327.27 -70%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,650 IDR 15,757 IDR +137%
Samyang Foods Co 003230 1,139,000 KRW 1,010,543 KRW -11%
Patanjali Foods Limited PATANJALI ₹413.80 ₹157.04 -62%
Vietnam Dairy Products Joint Stock Company VNM 58,500 VND 68,259 VND +17%
PT Mayora Indah Tbk, MYOR 1,750 IDR 2,699 IDR +54%
PT Cisarua Mountain Dairy Tbk CMRY 4,490 IDR 4,355 IDR -3%
Nongshim Co 004370 348,500 KRW 530,619 KRW +52%

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Frequently asked questions

Is Jinzai Food Group (003000) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥10.35 versus a price of ¥10.62, about −3% (fairly valued).
What is the fair value of 003000?
Our model-based fair value for Jinzai Food Group is ¥10.35 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥10.62.
What is the quality score of 003000?
Jinzai Food Group has a Quality Score of 52/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Jinzai Food Group (003000)?
Jinzai Food Group reported trailing-twelve-month revenue of about 2.6B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 003000?
The net profit margin of Jinzai Food Group is about 9.5%, meaning it keeps roughly 9.5% of revenue as net income. Based on the latest reported figures.
Does Jinzai Food Group pay a dividend?
Jinzai Food Group currently shows a dividend yield of about 3.66% relative to its recent price (as of Jul 22, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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