Revenue distribution by sectors:

• Spices and sauces: approx. 70%
• Fermented products: approx. 20%
• Other food products: approx. 10%

TOP 3 markets and their percentage shares:

• China: approx. 85%
• Southeast Asia: approx. 8%
• North America: approx. 4%

Foshan Haitian Flavouring and Food Company Ltd. generates the majority of its revenue from the production and sale of spices and sauces, accounting for about 70% of total revenue. The Chinese market is the dominant market for the company, with a share of approximately 85% of total revenue.

In recent years, the company has strengthened its presence in international markets, particularly in Southeast Asia and North America, which is reflected in the revenue shares of these regions.

Production Sites: Foshan, Guangdong, China

Foshan Haitian Flavouring and Food Company Ltd. mainly produces its products in Foshan, a city in the province of Guangdong, China. This is the company's headquarters and central production site.

Over the years, the company has expanded its production capacities to meet the increasing demand. Foshan Haitian is known for the production of soy sauce and other seasonings and has established itself as one of the leading manufacturers in this field.

Revenue growth: 10.5% (2024, estimated)
Market share in China: 20% (2024, estimated)

Foshan Haitian Flavouring and Food Company Ltd. is pursuing a multi-pronged growth strategy to further strengthen and expand its market position. A central element of this strategy is the continuous expansion of its product portfolio, particularly through the introduction of new flavors and product lines tailored to changing consumer preferences.

Furthermore, the company is heavily investing in modernizing and expanding its production capacities to increase efficiency and reduce production costs. These investments are intended to enable the company to meet the growing demand both domestically and in international markets.

Another strategic focus is on tapping into new markets outside of China. Foshan Haitian plans to enhance its presence in Southeast Asia and other emerging markets, supported by strategic partnerships and local production facilities.

Additionally, the company is focusing on digital transformation and e-commerce to improve direct access to consumers and optimize distribution. These measures are expected to further increase growth potential in the coming years.

Main Imported Raw Materials: Soybeans, Wheat, Sugar

Countries of Origin: USA, Brazil, Australia

Foshan Haitian Flavouring and Food Company Ltd., as one of the largest manufacturers of soy sauce and other spices in China, mainly imports raw materials such as soybeans, wheat, and sugar. These raw materials are essential for the production of their products.

The soybeans are primarily imported from the USA and Brazil, as these countries are among the largest producers worldwide. Wheat is also sourced from these countries as well as from Australia to ensure quality and continuity in production. Sugar imports also come from these regions to meet the demand for their sweeter products.

This import strategy enables Foshan Haitian to optimize raw material costs while ensuring the quality of their products.

Market share in China: Over 20% (2023)
Gross margin: 45% (2023)
R&D expenditure growth: 10% (annually, 2022-2023)

Foshan Haitian Flavouring and Food Company Ltd. holds a significant market share in the spice and sauce production sector in China, indicating a strong brand presence and a wide product portfolio. The gross margin of 45% shows that the company is able to sell its products at a price significantly above production costs, indicating strong pricing power.

The company continuously invests in research and development, with an annual growth in R&D expenditure of 10%. This suggests that Foshan Haitian is striving to strengthen its competitive position through innovations and product enhancements.

In summary, Foshan Haitian possesses a strong competitive advantage supported by market leadership, efficient cost structure, and innovation capabilities.

Institutional investor share: approx. 30% (2025, estimated)

Insider purchases/sales: No significant changes (2025, estimated)

The institutional investor share in Foshan Haitian Flavouring and Food Company Ltd. is estimated to be around 30%. This figure reflects the interest of investment funds, pension funds, and other large investors who have invested in the company.

Regarding insider purchases and sales, there are no significant changes indicating major transactions or strategic adjustments by management or other insiders. This suggests a stable internal assessment of the company's development.

Market share of Foshan Haitian Flavouring and Food Company Ltd.: 15% (estimated, 2025)

Top competitors and their market shares:

1. Foshan Haitian Flavouring and Food Company Ltd.: 15%
2. Lee Kum Kee: 10%
3. Kikkoman Corporation: 8%
4. Nestlé (Maggi): 7%
5. Unilever (Knorr): 6%
6. Kraft Heinz: 5%
7. Ajinomoto Co., Inc.: 4%
8. McCormick & Company: 3%
9. Conagra Brands: 2%
10. Campbell Soup Company: 2%

Moat of Foshan Haitian Flavouring and Food Company Ltd.:

Foshan Haitian Flavouring and Food Company Ltd. has a significant moat, mainly based on its strong brand recognition, dominant market position in China, and wide range of products. The company benefits from deep-rooted consumer loyalty and an extensive distribution network that allows it to serve a broad customer base.

Compared to competitors, Foshan Haitian has the advantage of being a leader in one of the world's largest growth markets, China. This gives them a significant edge over international competitors who may not have the same market penetration in China.

However, companies like Lee Kum Kee and Kikkoman also have strong brands and international presence, providing them with a certain moat. These companies benefit from global brand recognition and a diversified product offering that helps them establish a presence in various markets.

Overall, Foshan Haitian has a strong moat due to its market leadership in China, but global competitors also offer robust competitive advantages, especially in international markets.

Revenue growth: 10.5% (2024)
Profit growth: 8.2% (2024)
Market share in China: approx. 15% (2024)

Foshan Haitian Flavouring and Food Company Ltd. is the largest manufacturer of soy sauce in China and has shown solid revenue and profit growth in recent years. In 2024, revenue increased by 10.5%, while profit grew by 8.2%. These growth rates indicate stable demand for their products, especially in a highly competitive market.

The company benefits from its strong brand awareness and a wide distribution network, allowing it to maintain a significant market share of about 15% in China. Additionally, Foshan Haitian continuously invests in product innovations and expanding its production capacities, which could support future growth.

Given these factors, the stock of Foshan Haitian Flavouring and Food Company Ltd. could be an attractive investment for investors interested in a stable and growing company in the food sector. However, it is important to also consider external factors such as raw material prices and regulatory changes in China that could impact the business.

Dividend yield: 1.8% (2025, estimated)
Dividend continuity: Annual payout since 2014

Foshan Haitian Flavouring and Food Company Ltd. has been paying a consistent dividend in recent years. The dividend yield is currently around 1.8%, which is moderate compared to other companies in the food industry.

The company has been paying dividends annually since 2014, indicating a reliable payout policy. The continuity of dividend payments demonstrates the company's commitment to providing shareholders with a stable return. Analysts expect Foshan Haitian to continue paying dividends in the coming years, supported by a solid financial foundation and continuous revenue growth.