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Tech-Bank Food Co., Ltd. (002124.SZ)

CNY2.28 +0.04 (+1.79%)
CN SHZ Consumer Defensive Agricultural Farm Products
Address Xinyan Building
Shanghai, CN
CEO Banghui Zhang
IPO 2007-04-03
ISIN CNE100000056

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Description

Tech-Bank Food Co., Ltd., along with its affiliated entities, operates extensively within the agricultural and animal husbandry sectors, conducting business both domestically in China and internationally. The company's operations are diversified across five principal divisions: Aquatic Feed, Biological Products, Pig-Breeding, Fresh Food, and Engineering Construction. Its Aquatic Feed segment focuses on producing and distributing feed for a wide variety of aquatic animals, including shrimp, crabs, turtles, frogs, and fish, in addition to supplying environmentally friendly food production materials. The Biological Products division is dedicated to developing and providing specialized animal vaccines, such as the pathogenic PRRS cell suspension culture heat-resistant protective agent live vaccine (JAX1-R Strain) and the avian influenza (H9) cell suspension inactivated vaccine, serving the animal health industry, and also offers livestock and poultry products. Tech-Bank Food's Pig-Breeding operations include the provision of genetic products for pigs. Moreover, its Fresh Food segment delivers a diverse array of gourmet items, such as caviars, hairy crabs, crystal shrimps, and yellow croaker products, complemented by its activities in pork and seafood processing. Finally, the Engineering Construction division offers end-to-end services encompassing the planning, design, construction, and management of various projects. Established in 1996 and headquartered in Shanghai, China, the company underwent a name change in May 2017, transitioning from its former identity as Ningbo Tech-Bank Co., Ltd. to its current designation, Tech-Bank Food Co., Ltd.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY2.28 +0.04 (+1.79%)
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Volume Profile
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Liquidity & share structure
Average Volume
149M
Beta
0.35
Float Shares
2.12B
Free Float %
95.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.07% +6.11% +7.34% +12.55% -2.80% +1.46% -11.18% -41.96% -65.59% -45.89% +61.35%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2.28
Ratings Trend (MoM) 0% Bullish
Rating 2025-04 Change
Strong Buy 0 0
Buy 0 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-0.68
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Agricultural Farm Products: +8.2%
    -9.9% Q1'26: -23.5% (vs Q1'25)
  • EPS growth Agricultural Farm Products: +20.0%
    -189.4% Q1'26: -660.4% (vs Q1'25)
  • FCF margin FCF growth · Agricultural Farm Products: +43.8%
    -8.3% Q1'26: +4.0% (vs Q1'25)
  • EBIT margin Agricultural Farm Products: +8.1%
    -11.1% Q1'26: -33.7% (vs Q1'25)
  • ROIC Agricultural Farm Products: +6.0%
    -14.3% Q1'26: -42.2% (vs Q1'25)
  • Share dilution Agricultural Farm Products: +0.0%
    +0.4% Q1'26: -0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Agricultural Farm Products: 0.61×
    20.12× Q1'26: -1.75× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.24) × ERP
WACC = 58% × Ke + 42% × Kd (7.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 2.28
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
Revenue
2.14B
est: 2.16B (-0.9%)
2.37B
est: 3.00B (-20.9%)
3.06B
est: 2.96B (+3.5%)
4.60B
est.
6.01B
est: 6.78B (-11.4%)
4.52B
est: 6.78B (-33.3%)
10.76B
est: 10.76B (0.0%)
10.63B
est.
10.51B
est: 12.03B (-12.6%)
9.57B
est: 10.13B (-5.5%)
10.23B
est: 10.13B (+1.0%)
9.64B
est: 7.87B (+22.6%)
8.69B
est: 7.29B (+19.1%)
6.17B
6.17B – 6.17B
-15.4% YoY
EBITDA
271.46M
est: 245.14M (+10.7%)
514.71M
est: 340.09M (+51.3%)
480.88M
est: 335.55M (+43.3%)
521.94M
est.
569.45M
est: 769.01M (-26.0%)
-175.35M
est: 769.01M (-122.8%)
4.10B
est: 1.22B (+235.8%)
1.21B
est.
-2.95B
est: 1.36B (-316.2%)
1.93B
est: 1.15B (+68.0%)
-1.32B
est: 1.15B (-214.8%)
2.80B
est: 171.03M (+1,539.8%)
224.77M
est: 158.53M (+41.8%)
134.07M
134.07M – 134.07M
-15.4% YoY
EBIT
178.74M
est: -4.28M (+4,272.3%)
405.90M
est: -5.94M (+6,929.9%)
297.31M
est: -5.86M (+5,170.4%)
-9.12M
est.
271.04M
est: -13.44M (+2,116.9%)
-477.77M
est: -13.44M (-3,455.3%)
3.42B
est: -21.34M (+16,122.5%)
-21.06M
est.
-4.02B
est: -23.84M (-16,745.9%)
1.04B
est: -20.08M (+5,256.3%)
-2.38B
est: -20.08M (-11,762.0%)
1.87B
est: -667.49M (+379.5%)
-962.15M
est: -618.71M (-55.5%)
-523.27M
-523.27M – -523.27M
+15.4% YoY
Net Income
110.26M
est: 189.97M (-42.0%)
372.89M
est: 539.62M (-30.9%)
262.14M
est: 444.39M (-41.0%)
206.32M
est.
100.40M
est: 864.98M (-88.4%)
-571.96M
est: 864.98M (-166.1%)
3.24B
est: 3.91B (-17.0%)
-4.13B
est.
-4.46B
est: 1.72B (-359.9%)
489.50M
est: -2.77B (+117.7%)
-2.88B
est: -2.77B (-4.1%)
1.46B
est: -843.27M (+273.0%)
-1.31B
est: 218.78M (-698.4%)
— – —
-100.0% YoY
SGA
308.06M
est: 55.24M (+457.7%)
353.90M
est: 76.63M (+361.8%)
375.48M
est: 75.61M (+396.6%)
117.60M
est.
538.42M
est: 173.27M (+210.7%)
457.95M
est: 173.27M (+164.3%)
836.32M
est: 275.14M (+204.0%)
271.61M
est.
1.35B
est: 307.43M (+339.3%)
1.16B
est: 258.89M (+347.3%)
1.07B
est: 258.89M (+313.5%)
1.03B
est: 750.98M (+36.7%)
144.63M
est: 696.10M (-79.2%)
588.72M
588.72M – 588.72M
-15.4% YoY
EPS
0.11
est: 0.09 (+28.7%)
0.28
est: 0.24 (+15.3%)
0.18
est: 0.20 (-10.0%)
0.09
est.
0.06
est: 0.39 (-83.5%)
-0.35
est: 0.39 (-189.9%)
1.91
est: 1.76 (+8.6%)
-1.86
est.
-2.43
est: 0.77 (-414.6%)
0.27
est: -1.25 (+121.7%)
-1.57
est: -1.25 (-26.0%)
0.66
est: -0.38 (+273.7%)
-0.59
est: 0.10 (-698.4%)
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-29 B- 3/5 1/5 3/5 4/5 1/5 3/5 3/5
2026-04-28 B- 3/5 1/5 3/5 4/5 1/5 3/5 3/5
2026-04-27 B- 3/5 1/5 3/5 4/5 1/5 3/5 3/5
2026-04-24 B- 3/5 1/5 3/5 4/5 1/5 3/5 3/5
2026-04-23 B- 3/5 1/5 3/5 4/5 1/5 3/5 3/5
2026-04-22 B- 3/5 1/5 3/5 4/5 1/5 3/5 3/5
2026-04-21 B- 3/5 1/5 3/5 4/5 1/5 3/5 3/5
2026-04-20 B- 3/5 1/5 3/5 4/5 1/5 3/5 3/5
2026-04-17 B- 3/5 1/5 3/5 4/5 1/5 3/5 3/5
2026-04-16 B- 3/5 1/5 3/5 4/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-126.36M
OE per share TTM
-0.06
Owner's Yield
-2.02%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
97.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-146.0K
Shares Outstanding
2.22B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Xiaoming Yan Vice President 4M male
Banghui Zhang Chairman & Chief Executive Officer male
Chao Du Accounting Supervisor & Financial Director male
Lei Zhang Human Resource Director female
Minhai Xia Vice President & Director male
Xiangyun Zhang Vice President & Secretary female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits