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HaiXin Foods Co Ltd

HaiXin Foods Co., Ltd. produces and sells quick-frozen surimi products in China and internationally. Its product range includes frozen fish and meat items such as hot pot meatballs, fish balls, meatballs, lucky bags, and fish tofu; frozen rice and noodle products including black gold buns, salted egg yolk shumai, and black pork xiaolongbao; frozen prepared dishes such as abalone, ribbonfish, and baked cheese rolls; snacks like snow crab sticks, fish tofu, and gold medal flying fish roe lucky bags; and frozen baked goods. Products are sold under the Haixin brand through distribution, modern, e-commerce, and special channels. The company was formerly known as Fujian Tengxin Foods Co., Ltd. and changed its name to HaiXin Foods Co., Ltd. in July 2013. Founded in 1903, it is headquartered in Fuzhou, China.

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Haixin Foods reports net loss of 14.6997 million yuan in 2026 interim report

Haixin Foods released its 2026 interim report, showing a net loss attributable to the parent company of 14.6997 million yuan. Total operating revenue was 747 million yuan, and net cash inflow from operating activities was 97.8808 million yuan. The latest asset-liability ratio was 40.18%, gross margin was 19.95%, down 2.02 percentage points from the previous quarter, and ROE was negative 1.45%. Diluted earnings per share was negative 0.03 yuan, total asset turnover was 0.41 times, and inventory turnover was 1.21 times.
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Haixin Foods posts loss of 14.6997 million yuan in first half of 2026

Haixin Foods disclosed its semi-annual report for 2026. In the first half of the year, it achieved total operating revenue of 747 million yuan, up 23.31 percent year on year. Net profit attributable to the parent company was a loss of 14.6997 million yuan, narrowing from a loss of 20.3041 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 16.7643 million yuan, compared with a loss of 26.0953 million yuan a year earlier. Net cash flow from operating activities was 97.8808 million yuan, compared with negative 96.8294 million yuan in the prior-year period. During the reporting period, basic earnings per share were negative 0.0264 yuan, and the weighted average return on net assets was negative 1.44 percent. The company is mainly engaged in the production and sale of frozen surimi products and meat products, room-temperature snack foods, frozen rice, flour and bakery products, and frozen prepared dishes.
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Haixin Foods first-half revenue 747 million yuan, loss narrows to 14.7 million yuan

Haixin Foods released its 2026 interim report. Operating revenue was 747 million yuan, up 23.3 percent year on year. Net profit attributable to the parent swung from a loss of 20.3 million yuan in the same period last year to a loss of 14.7 million yuan, narrowing the deficit. Net profit attributable to the parent after deducting non-recurring items swung from a loss of 26.1 million yuan a year earlier to a loss of 16.76 million yuan, also narrowing. Net operating cash flow was 97.88 million yuan, up 201.1 percent year on year. In the second quarter, operating revenue was 277 million yuan, down 0.7 percent year on year. Net profit attributable to the parent widened from a loss of 21.53 million yuan a year earlier to a loss of 26.14 million yuan. As of the end of the second quarter, total assets were 1.741 billion yuan, down 9.8 percent from the end of the previous year. Net assets attributable to the parent were 1.011 billion yuan, down 1.4 percent from the end of the previous year.
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Haixin Food expects a loss of 12 million to 16 million yuan in the first half of 2026

Haixin Food disclosed its performance forecast, expecting a net loss attributable to the parent company of 12 million to 16 million yuan in the first half of 2026, compared with a loss of 20.3041 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 13 million to 17 million yuan, compared with a loss of 26.0953 million yuan in the same period last year. The company stated that during the reporting period, it increased promotional policies and market expense investments in key channels, strengthened customized product expansion, and these measures effectively translated into revenue growth, achieving year-on-year increases in both operating revenue and net profit. The company is mainly engaged in the production and sales of frozen surimi products and meat products, frozen rice and flour products, frozen prepared dishes, and room-temperature surimi products and meat products.
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