Why is Heilongjiang Agriculture Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 9.70% and Operating profit at 0.99% over the last 5 years
2
Flat results in Sep 25
- INTEREST(9M) At CNY 0.32 MM has Grown at inf%
- OPERATING CASH FLOW(Y) Lowest at CNY 1,534.74 MM
- NET SALES(Q) Fallen at -13.14%
3
With ROE of 13.01%, it has a expensive valuation with a 3.23 Price to Book Value
- Over the past year, while the stock has generated a return of 21.48%, its profits have fallen by -8.4%
- At the current price, the company has a high dividend yield of 3.9
How much should you hold?
- Overall Portfolio exposure to Heilongjiang Agriculture Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Other Agricultural Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Agricultural Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Heilongjiang Agriculture Co., Ltd. for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Heilongjiang Agriculture Co., Ltd.
12.12%
0.88
30.32%
China Shanghai Composite
15.17%
1.58
14.20%
Quality key factors
Factor
Value
Sales Growth (5y)
9.70%
EBIT Growth (5y)
0.99%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-1.05
Sales to Capital Employed (avg)
0.65
Tax Ratio
1.75%
Dividend Payout Ratio
89.93%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
72.41%
ROE (avg)
12.58%
Valuation Key Factors 
Factor
Value
P/E Ratio
25
Industry P/E
Price to Book Value
3.23
EV to EBIT
18.67
EV to EBITDA
14.24
EV to Capital Employed
13.07
EV to Sales
3.60
PEG Ratio
NA
Dividend Yield
3.87%
ROCE (Latest)
69.98%
ROE (Latest)
13.01%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Bullish
Bullish
Technical Movement
3What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -18.26% (YoY
NET PROFIT(9M)
Higher at CNY 1,276.74 MM
CASH AND EQV(HY)
Highest at CNY 12,051.4 MM
-7What is not working for the Company
INTEREST(9M)
At CNY 0.32 MM has Grown at inf%
OPERATING CASH FLOW(Y)
Lowest at CNY 1,534.74 MM
NET SALES(Q)
Fallen at -13.14%
Here's what is working for Heilongjiang Agriculture Co., Ltd.
Cash and Eqv
Highest at CNY 12,051.4 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Net Profit
Higher at CNY 1,276.74 MM
than preceding 12 month period ended Sep 2025MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (CNY MM)
Raw Material Cost
Fallen by -18.26% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Heilongjiang Agriculture Co., Ltd.
Interest
At CNY 0.32 MM has Grown at inf%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Operating Cash Flow
Lowest at CNY 1,534.74 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Net Sales
Fallen at -13.14%
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)






