002157.SHE Jiangxi Zhengbang Technology Co Ltd
- Market cap
- CNY 26.4B
- P/E
- -
- P/B
- 2.57x
- ROE
- -14.7%
- Dividend yield
- 0.10%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002157.SHE undervalued?
Graham numberThe Graham number of Jiangxi Zhengbang Technology Co Ltd cannot be estimated reliably (it needs positive earnings and book value).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Jiangxi Zhengbang Technology Co Ltd fundamental analysis
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Jiangxi Zhengbang Technology Co Ltd stock price
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About Jiangxi Zhengbang Technology Co Ltd
Jiangxi ZhengBang Technology Co., Ltd., together with its subsidiaries, engages in the agriculture business in China and internationally. It operates through three segments: Feed, Pig Farming, and Veterinary Drugs. The company offers pig, poultry, aquatic, ruminant, and concentrated feed products; and fattened pigs and piglets for slaughtering, deep processing, and breeding. It also researches, develops, produces, and sells veterinary drugs, mixed feed additives, and premixe…
Full company profileJiangxi Zhengbang Technology Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Jiangxi Zhengbang Technology Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 18.9B | 20.6B | 22.1B | 24.5B | 49.2B | 47.7B | 14.4B | 6.99B | 8.87B | 14.8B | 15.5B |
| Gross Profit | 2.61B | 2.39B | 2.26B | 3.86B | 11.0B | -12.3B | -4.25B | -1.41B | 1.28B | 1.18B | -107M |
| Operating Income | 1.04B | 611M | 258M | 1.83B | 6.30B | -18.1B | -12.5B | 8.66B | 499M | -93.1M | -1.17B |
| EBITDA | 1.65B | 1.35B | 1.43B | 2.48B | 9.19B | -14.4B | -5.83B | -2.80B | 685M | 565M | -1.59B |
| Net Income | 1.05B | 526M | 193M | 1.65B | 5.74B | -18.8B | -13.4B | 8.53B | 216M | -546M | -1.45B |
| EPS | 0.52 | 0.23 | 0.08 | 0.69 | 2.24 | -5.80 | -4.20 | 2.57 | 0.02 | -0.06 | -0.16 |
| Balance Sheet | |||||||||||
| Total Assets | 12.3B | 16.6B | 21.2B | 30.8B | 61.9B | 46.6B | 23.5B | 17.5B | 19.0B | 19.6B | 18.7B |
| Total Liabilities | 6.04B | 9.91B | 14.5B | 20.9B | 37.3B | 43.1B | 34.8B | 9.44B | 8.82B | 9.83B | 10.2B |
| Shareholders' Equity | 5.81B | 6.32B | 6.36B | 9.39B | 23.3B | 2.04B | -8.73B | 10.00B | 11.4B | 10.9B | 9.86B |
| Cash & Short-term Investments | 2.20B | 1.42B | 1.59B | 2.99B | 13.3B | 6.36B | 814M | 2.44B | 3.32B | 3.12B | 1.32B |
| Total Debt | 2.99B | 5.20B | 7.57B | 7.35B | 20.7B | 24.6B | 18.5B | 1.96B | 1.45B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 1.69B | 918M | 1.33B | 3.92B | 4.55B | -2.20B | -5.47B | -1.38B | 174M | 830M | - |
| Capital Expenditure | 2.11B | 4.13B | 3.15B | 5.71B | 10.3B | 6.49B | 1.32B | 652M | 573M | 1.01B | 1.45B |
| Free Cash Flow | -418M | -3.22B | -1.82B | -1.79B | -5.80B | -8.70B | -6.79B | -2.04B | -399M | -175M | -1.72B |
| Ratios | |||||||||||
| ROE | 18.0% | 8.3% | 3.0% | 17.5% | 24.7% | -923.3% | - | 85.3% | 1.9% | -5.0% | -14.7% |
| ROA | 8.5% | 3.2% | 0.9% | 5.3% | 9.3% | -40.4% | -57.0% | 48.8% | 1.1% | -2.8% | -7.8% |
| Net Profit Margin | 5.5% | 2.6% | 0.9% | 6.7% | 11.7% | -39.5% | -92.9% | 122.0% | 2.4% | -3.7% | -9.4% |
| Debt to Equity | 0.51x | 0.82x | 1.19x | 0.78x | 0.89x | 12.08x | - | 0.20x | 0.13x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Jiangxi Zhengbang Technology Co Ltd dividends
- Dividend yield
- 0.10%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Jun 9, 2021
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 25.6M | 0.00 | - |
| 2024 | CNY 1.12M | 0.00 | 0.5% |
| 2023 | CNY 46.0M | 0.01 | 0.5% |
| 2022 | CNY 836M | 0.26 | - |
| 2021 | CNY 3.58B | 1.10 | - |
| 2020 | CNY 1.12B | 0.44 | 19.5% |
| 2019 | CNY 651M | 0.27 | 39.5% |
| 2018 | CNY 569M | 0.24 | 294.0% |
| 2017 | CNY 355M | 0.16 | 67.5% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 30:10 on Sep 8, 2016.
Who owns Jiangxi Zhengbang Technology Co Ltd
- Insiders 32.07%
- Institutions 7.14%
- Public & others 60.78%
- Shares outstanding 9.25B
- Free float 6.89B
Jiangxi Zhengbang Technology Co Ltd company profile
- Company name
- Jiangxi Zhengbang Technology Co Ltd
- Ticker
- 002157.SHE
- ISIN
- CNE1000006H2
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Aug 20, 2007
- Sector
- Consumer Defensive
- Industry
- Food Products
- Employees
- 7,440
- Fiscal year end
- December
- Address
- No. 569, Aixihu Road, Nanchang, China
- Phone
- 86 791 8639 7834
- Website
- zhengbang.com
About Jiangxi Zhengbang Technology Co Ltd
Jiangxi ZhengBang Technology Co., Ltd., together with its subsidiaries, engages in the agriculture business in China and internationally. It operates through three segments: Feed, Pig Farming, and Veterinary Drugs. The company offers pig, poultry, aquatic, ruminant, and concentrated feed products; and fattened pigs and piglets for slaughtering, deep processing, and breeding. It also researches, develops, produces, and sells veterinary drugs, mixed feed additives, and premixed feed additives. In addition, the company is involved in aquaculture; trading; financial services; project investment; and bond issuance. The company was founded in 1996 and is headquartered in Nanchang, China.
Jiangxi Zhengbang Technology Co Ltd management
6- Mr. Zhihua XiongGeneral Manager · born 1985
- Mr. Yong Hong WangFinancial Director · born 1982
- Mr. Xiaohong NieDeputy General Manager · born 1964
- Mr. Xinxiang HuangDeputy General Manager · born 1988
- Mr. Wang KunEmployee Representative Director & Board Secretary · born 1992
- Ke Wei DuanHead of Accounting