China's Anjoy Foods nine-month net income rises 20%

Anjoy Foods

28/10/2026 10:44

Overview
China frozen food maker's 9M net income attributable to shareholders rose 20.27% yr/yr
Nine-month operating income increased 18.38% yr/yr
Nine-month net cash flows from operating activities grew 63.2%, driven by higher sales and services

Outlook
Company did not provide specific financial guidance for future quarters or full-year performance

Result Drivers
SALES CASH INFLOWS – Nine-month operating cash flow rose 63.2% as cash received from sales and services increased
REVENUE-COST SPREAD – Nine-month operating profit benefited as revenue rose RMB2.09 bln, outpacing a RMB1.75 bln increase in total costs

Company press release: Full Story

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
9M Net Income Attributable
 
RMB 1.14 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy"
Wall Street's median 12-month price target for Anjoy Foods Group Co Ltd is CNY92.00, about 16.3% above its October 28 closing price of CNY79.11
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)