Goldman Sachs keeps CNY 33.10 target for Haitian stock
Published on 10/13/2026 at 13:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Goldman Sachs kept its CNY 33.10 target for Haitian on September 30, 2026, with the target 2.04 percent below the current price.
- Haitian stock had a CNY 187.9 billion market capitalization and a 27.03 P/E ratio on October 13, 2026.
- Haitian stock was last at CNY 33.79 on the Shanghai Stock Exchange on October 13, 2026 at 3:00 p.m. CST, down 0.30 percent versus the Xetra close unavailable for this listing.
- Kweichow Moutai traded at a 19.60 P/E ratio, while Jiangsu Yanghe traded at 120.29 on October 13, 2026.
Goldman Sachs kept its CNY 33.10 target for Haitian stock in a note dated September 30, 2026, according to Investing.com. The target is 2.04 percent below the CNY 33.79 share price, while the stock was down 0.30 percent from CNY 33.89 on October 13, 2026.
Market value and valuation
Haitian had a market capitalization of CNY 187.9 billion and a P/E ratio of 27.03 on October 13, 2026. Its trailing dividend yield was 0.04 percent, a level that provides limited income support compared with valuation as the main market reference.
The company operates in consumer defensive packaged foods and is listed on the Shanghai Stock Exchange under ticker 603288. Its product range includes soy sauce, oyster sauce, vinegar and other seasonings, giving the valuation a direct link to domestic food consumption.
Stock stays below its yearly high
The stock's 52-week range was CNY 31.60 to CNY 42.45 on October 13, 2026. At CNY 33.79, the share price stood 20.40 percent below the yearly high and 6.93 percent above the yearly low.
Trading volume was 12,150,521 shares against an average of 16,945,906 shares on the same date. That places turnover 28.30 percent below the average, while the market capitalization remains substantially larger than the two selected domestic food peers below.
Comparison with peers
Haitian (Shanghai Stock Exchange, CNY): minus 0.30 percent, P/E 27.03, market capitalization CNY 187.9 billion
Kweichow Moutai (Shanghai Stock Exchange, CNY): minus 1.02 percent, P/E 19.60, market capitalization CNY 1.6 trillion
Jiangsu Yanghe (Shenzhen Stock Exchange, CNY): minus 0.56 percent, P/E 120.29, market capitalization CNY 56.2 billion
Price and investor perspective
Haitian was last at CNY 33.79 on the Shanghai Stock Exchange on October 13, 2026 at 3:00 p.m. CST, down 0.30 percent versus CNY 33.89. The current valuation sits above Kweichow Moutai's P/E ratio but well below Jiangsu Yanghe's multiple, making the peer spread a key measure for investors assessing Haitian's price position.
Market context: Market report Shanghai Composite.
Haitian market data
- Company: Foshan Haitian Flavouring and Food Company Ltd.
- ISIN: CNE100001SL2
- Ticker: 603288
- Primary exchange: Shanghai Stock Exchange
- Price Shanghai Stock Exchange (as of October 13, 2026, 3:00 p.m. CST): CNY 33.79
- Change versus previous close: minus 0.30 percent
- Previous close Shanghai Stock Exchange (October 12, 2026): CNY 33.89
- Market capitalization: CNY 187.9 billion (as of October 13, 2026)
- 52-week range: CNY 31.60-CNY 42.45 (as of October 13, 2026)
- Sector / Industry: Consumer Defensive / Packaged Foods
