002696.SHE Baiyang Aquatic Group Inc
- Market cap
- CNY 4.27B
- P/E
- -
- P/B
- 3.08x
- ROE
- -14.0%
- Dividend yield
- 0.95%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002696.SHE undervalued?
Graham numberThe Graham number of Baiyang Aquatic Group Inc 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?
Baiyang Aquatic Group Inc fundamental analysis
No fundamental analysis for Baiyang Aquatic Group Inc yet.
Baiyang Aquatic Group Inc stock price
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About Baiyang Aquatic Group Inc
Baiyang Investment Group, Inc., together with its subsidiaries, engages in the aquatic product processing and biological products, feed and feed raw materials, and deep-sea fishing businesses in China and internationally. The company offers tilapia, shrimp, and grass carp products under the Beifeng and Qiaoyujia brand name; aquatic feed products for fish, as well as groupers, California bass, yellow catfish, large yellow croakers, and frogs; and biological products, such as …
Full company profileBaiyang Aquatic Group Inc 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.
Baiyang Aquatic Group Inc 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 | 2.07B | 2.39B | 3.27B | 2.84B | 2.48B | 2.91B | 3.21B | 2.72B | 3.08B | 4.06B | 4.37B |
| Gross Profit | 242M | 397M | 733M | 592M | 240M | 299M | 379M | 218M | 266M | 357M | 275M |
| Operating Income | 62.5M | 132M | 121M | -642M | 25.8M | 25.9M | 62.7M | -40.9M | -7.07M | 126M | 33.3M |
| EBITDA | 161M | 241M | 279M | -115M | 187M | 171M | 196M | 91.7M | 132M | 182M | -134M |
| Net Income | 59.3M | 113M | 83.5M | -286M | 22.3M | 26.8M | 62.3M | -27.6M | -15.3M | 40.6M | -174M |
| EPS | 0.20 | 0.36 | 0.21 | -0.72 | 0.06 | 0.08 | 0.18 | -0.08 | -0.04 | 0.12 | -0.50 |
| Balance Sheet | |||||||||||
| Total Assets | 1.91B | 3.58B | 3.72B | 2.97B | 2.79B | 2.73B | 2.89B | 2.97B | 3.07B | 3.80B | 4.21B |
| Total Liabilities | 793M | 1.28B | 1.41B | 1.56B | 1.37B | 1.29B | 1.37B | 1.48B | 1.64B | 2.32B | 2.86B |
| Shareholders' Equity | 1.02B | 2.20B | 2.18B | 1.33B | 1.34B | 1.37B | 1.43B | 1.40B | 1.33B | 1.38B | 1.25B |
| Cash & Short-term Investments | 195M | 923M | 554M | 435M | 413M | 250M | 333M | 620M | 455M | 409M | 373M |
| Total Debt | 566M | 660M | 762M | 1.02B | 1.04B | 723M | 641M | 764M | 575M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 78.4M | 320M | 92.0M | 349M | 34.7M | -22.3M | 177M | 243M | -60.2M | -315M | - |
| Capital Expenditure | 98.1M | 50.6M | 82.9M | 142M | 65.3M | 73.0M | 74.8M | 87.8M | 110M | 187M | 165M |
| Free Cash Flow | -19.7M | 269M | 9.01M | 207M | -30.5M | -95.2M | 102M | 152M | -171M | -502M | -938M |
| Ratios | |||||||||||
| ROE | 5.8% | 5.1% | 3.8% | -21.5% | 1.7% | 2.0% | 4.4% | -2.0% | -1.1% | 3.0% | -14.0% |
| ROA | 3.1% | 3.2% | 2.2% | -9.6% | 0.8% | 1.0% | 2.2% | -0.9% | -0.5% | 1.1% | -4.1% |
| Net Profit Margin | 2.9% | 4.7% | 2.6% | -10.0% | 0.9% | 0.9% | 1.9% | -1.0% | -0.5% | 1.0% | -4.0% |
| Debt to Equity | 0.55x | 0.30x | 0.35x | 0.77x | 0.78x | 0.53x | 0.45x | 0.55x | 0.43x | - | - |
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.
Baiyang Aquatic Group Inc dividends
- Dividend yield
- 0.95%
- Forward dividend
- 0.05 CNY
- Payout ratio
- 100.1%
- Ex-dividend date
- Jun 9, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 40.7M | 0.12 | 100.1% |
| 2024 | CNY 35.9M | 0.09 | - |
| 2023 | CNY 32.5M | 0.09 | - |
| 2022 | CNY 38.0M | 0.11 | 60.9% |
| 2021 | CNY 46.0M | 0.14 | 171.5% |
| 2020 | CNY 54.6M | 0.15 | 245.1% |
| 2019 | CNY 19.8M | 0.05 | - |
| 2018 | CNY 113M | 0.28 | 134.8% |
| 2017 | CNY 73.5M | 0.23 | 64.9% |
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: 1.7:1 on Jun 12, 2018.
Who owns Baiyang Aquatic Group Inc
- Insiders 23.88%
- Institutions 30.95%
- Public & others 45.17%
- Shares outstanding 346M
- Free float 210M
Baiyang Aquatic Group Inc company profile
- Company name
- Baiyang Aquatic Group Inc
- Ticker
- 002696.SHE
- ISIN
- CNE100001W77
- Exchange
- Shenzhen Stock Exchange
- Sector
- Consumer Defensive
- Industry
- Food Products
- Employees
- 4,145
- Fiscal year end
- December
- Address
- No. 9, Gaoxin 4th Road, Nanning, China, 530004
- Phone
- 86 77 1321 0585
- Website
- baiyang.com
About Baiyang Aquatic Group Inc
Baiyang Investment Group, Inc., together with its subsidiaries, engages in the aquatic product processing and biological products, feed and feed raw materials, and deep-sea fishing businesses in China and internationally. The company offers tilapia, shrimp, and grass carp products under the Beifeng and Qiaoyujia brand name; aquatic feed products for fish, as well as groupers, California bass, yellow catfish, large yellow croakers, and frogs; and biological products, such as collagen and gelatin for use in health products, cosmetics, beverages, food, and other fields, as well as fish collagen peptide powder and glucosamine chondroitin calcium capsules. It is also involved in aquatic research and development; aquatic fry breeding; trading; offshore fishing; lease; and research and experimental development activities. The company exports its aquatic products to the United States, Russia, Mexico, Canada, the European Union, the Middle East, and other countries and regions. The company was formerly known as Baiyang Aquatic Group, Inc. and changed its name to Baiyang Investment Group, Inc. in November 2015. Baiyang Investment Group, Inc. was founded in 2000 and is headquartered in Nanning, China.
Baiyang Aquatic Group Inc management
8- Mr. Li Hai SunGM & Director · born 1985
- Ms. Ling WangDeputy GM & Vice Chairman · born 1971
- Mr. Ying LiuExecutive VP & Secretary · born 1978
- Mr. Shunming OuDeputy General Manager · born 1975
- Mr. Si Hua YangDeputy General Manager · born 1971
- Mr. Yun Jiang DengDeputy General Manager · born 1987
- Mr. Xian Kun QuHead of Accounting Department · born 1989
- Ms. Jing CaiAssociate Director of Human Resources · born 1958