---
title: "New Hope Dairy Co., Ltd. (002946.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002946.SZ.md"
symbol: "002946.SZ"
name: "New Hope Dairy Co., Ltd."
industry: "Packaged Foods and Meats"
datetime: "2026-05-20T22:34:11.650Z"
locales:
  - [en](https://longbridge.com/en/quote/002946.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002946.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002946.SZ.md)
---

# New Hope Dairy Co., Ltd. (002946.SZ)

## Company Overview

New Hope Dairy Co., Ltd. produces and sells dairy products in China. It offers pasteurized milk, ultra-high temperature milk, modified milk, fermented milk, and other dairy products, as well as involved in food trading, dairy cattle breeding, and other businesses. New Hope Dairy Co., Ltd.

| Item | Detail |
|------|--------|
| Industry | Packaged Foods and Meats |
| Exchange | CN Market |
| Website | [newhopedairy.cn](https://newhopedairy.cn) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:11.000Z

**Overall: B (0.33)**

**Industry**: Packaged Foods and Meats

| Metric | Value |
|--------|-------|
| Industry Ranking | 16 / 136 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 7.26% |  |
| Net Profit YoY | 34.95% |  |
| P/B Ratio | 3.96 |  |
| Dividend Ratio | 1.82% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 15166240272.78 |  |
| Revenue | 11471833974.28 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 21.82% | A |
| Profit Margin | 6.85% | B |
| Gross Margin | 29.97% | C |
| Revenue YoY | 7.26% | C |
| Net Profit YoY | 34.95% | B |
| Total Assets YoY | 0.57% | C |
| Net Assets YoY | 19.06% | A |
| Cash Flow Margin | 208.43% | B |
| OCF YoY | 7.26% | C |
| Turnover | 1.28 | A |
| Gearing Ratio | 55.29% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - New Hope Dairy Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "7.26%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "34.95%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "3.96",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.82%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "15166240272.78",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "11471833974.28",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "21.82%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "6.85%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "29.97%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "7.26%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "34.95%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "0.57%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "19.06%",
          "rating": "A"
        },
        {
          "name": "Cash Flow Margin",
          "value": "208.43%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "7.26%",
          "rating": "C"
        },
        {
          "name": "Turnover",
          "value": "1.28",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "55.29%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 19.20 | 16/136 | 25.47 | 23.31 | 21.64 |
| PB | 3.94 | 108/136 | 4.96 | 4.57 | 4.18 |
| PS (TTM) | 1.32 | 44/136 | 1.48 | 1.42 | 1.36 |
| Dividend Yield | 1.83% | 49/136 | 1.77% | 1.67% | 1.56% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | HAI TIAN (603288.SH) | A | B | B | A | C | B |
| 02 | SHUANGHUI (000895.SZ) | B | C | A | C | C | B |
| 03 | HAID GROUP (002311.SZ) | B | C | A | C | B | B |
| 04 | YANGYUAN (603156.SH) | B | C | C | B | B | B |
| 05 | Wanchen Group (300972.SZ) | B | A | A | D | A | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-04T16:00:00.000Z

Total Analysts: **6**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 5 | 83% |
| Overweight | 1 | 17% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 17.50 |
| Highest Target | 26.00 |
| Lowest Target | 20.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002946.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002946.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002946.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002946.SZ/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**