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Trades about 436% below its sector, cheaper than its peers on earnings.
HaiXin Foods Co.,Ltd, based in Fuzhou, China, is a diversified food enterprise specializing in the production and sale of a wide array of food items. Its extensive product portfolio includes quick-frozen options like various fish and meat balls, traditional dim sum such as siu mai with egg yolk and quicksand buns, and specialty cuts like crispy belly and bezoar throat. The company also manufactures ambient snack foods, featuring items like crab sticks, fish tofu, and instant oden. Beyond manufacturing, HaiXin Foods engages in the processing and retail of convenience foods, offers aquatic products, and provides frozen food storage services. The company's operations further encompass the import and export of goods and technology, food management, and the research, development, and commercialization of marine biological products and resources. Its products, available in both pre-packaged and bulk forms, are marketed under the Haixin, Yuji, and Baiyaoxuan brands. Distribution occurs primarily through the company's own online storefronts hosted on third-party platforms, as well as direct digital sales. The company was previously known as Fujian Tengxin Foods Co., Ltd. before officially adopting the name HaiXin Foods Co.,Ltd in July 2013.
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