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China Feihe Ltd
HKEX:6186

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China Feihe Ltd
HKEX:6186
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Price: 3.48 HKD -0.85% Market Closed
Market Cap: HK$30.7B

P/E

13.8
Current
12%
More Expensive
vs 3-y average of 12.3

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
13.8
=
Market Cap
HK$30B
/
Net Income
¥1.9B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
13.8
=
Market Cap
HK$30B
/
Net Income
¥1.9B

Valuation Scenarios

China Feihe Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (12.3), the stock would be worth HK$3.11 (11% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-22%
Maximum Upside
+115%
Average Upside
43%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 13.8 HK$3.48
0%
3-Year Average 12.3 HK$3.11
-11%
5-Year Average 10.8 HK$2.73
-22%
Industry Average 26 HK$6.56
+89%
Country Average 29.6 HK$7.48
+115%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
HK$30B
/
Jan 2026
¥1.9B
=
13.8
Current
HK$30B
/
Dec 2026
¥2.6B
=
11.7
Forward
HK$30B
/
Dec 2027
¥2.7B
=
11
Forward
HK$30B
/
Dec 2028
¥2.6B
=
11.5
Forward
HK$30B
/
Dec 2029
¥3B
=
10
Forward
HK$30B
/
Dec 2030
¥3.3B
=
9.2
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Lower than 78% of companies in China
Percentile
22st
Based on 5 557 companies
22st percentile
13.8
Low
0 — 17.1
Typical Range
17.1 — 57.7
High
57.7 —
Distribution Statistics
China
Min 0
30th Percentile 17.1
Median 29.6
70th Percentile 57.7
Max 43 569.3

China Feihe Ltd
Glance View

Market Cap
30.7B HKD
Industry
Food Products

China Feihe Ltd., a distinguished player in the infant formula industry, traces its roots back to 1962, establishing itself as a pioneer in dairy production in China. Over the decades, the company has morphed from a state-run enterprise into a market leader, capturing the hearts of parents with its deep understanding of nutritional needs and local dietary preferences. Feihe's story is one of strategic evolution—building a robust supply chain, leveraging advanced research, and investing heavily in quality control. Their vertically integrated business model, from dairy farming and production to distribution, ensures a high standard of excellence. With an extensive product portfolio that covers multiple price points and consumer segments, Feihe caters to middle-class desires for health and premium quality, setting itself apart in a market characterized by growing competition and rising consumer expectations. In the bustling and competitive landscape of China's baby formula market, Feihe crafts its narrative by capitalizing on its '100% Made in China' ethos, assuring consumers of quality and safety—a paramount concern given past industry scandals. Operating through a sleek blend of strategic marketing and community trust-building, the company focuses on fostering customer loyalty and brand recognition. By employing state-of-the-art technology and innovation, Feihe develops products that align with the specific health requirements of Chinese infants. This includes formulas enriched with nutrients like DHA and ARA, mimicking the composition of breast milk, and featuring localized ingredients to ensure assimilation and growth. Feihe continues to elevate its brand by expanding its reach to international markets, signifying a forward-looking approach while remaining rooted in its profound local heritage.

Intrinsic Value
4.07 HKD
Undervaluation 14%
Intrinsic Value
Price HK$3.48
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