---
title: "Apple Flavor & Fragrance Group Co., Ltd. (603020.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603020.SH.md"
symbol: "603020.SH"
name: "Apple Flavor & Fragrance Group Co., Ltd."
industry: "Specialty Chemicals"
datetime: "2026-05-19T11:06:11.524Z"
locales:
  - [en](https://longbridge.com/en/quote/603020.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603020.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603020.SH.md)
---

# Apple Flavor & Fragrance Group Co., Ltd. (603020.SH)

## Company Overview

Apple Flavor & Fragrance Group Co.,Ltd., together with its subsidiaries, engages in the manufacture and sale of flavors, fragrances, and food ingredients in China. It offers food flavors, including dairy, ice cream, beverage, confectionery, savory, bakery, and snack related flavors, as well as fragrances for perfumes, personal care, oral care, home care, and candle and air care products. The company also manufactures aroma ingredients, such as synthetic aroma chemicals, natural extracts, and fermentation natural chemicals. In addition, it offers food ingredients, such as dairy products, chocolate and cocoa products, fruit products, flavors and fragrances, breads, desserts, and other products.

| Item | Detail |
|------|--------|
| Industry | Specialty Chemicals |
| Exchange | CN Market |
| Website | [www.cnaff.com](https://www.cnaff.com) |

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


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:10.000Z

**Overall: C (0.46)**

**Industry**: Specialty Chemicals

| Metric | Value |
|--------|-------|
| Industry Ranking | 110 / 153 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -2.17% |  |
| Net Profit YoY | -44.32% |  |
| P/B Ratio | 1.22 |  |
| Dividend Ratio | 1.72% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 3932924679.35 |  |
| Revenue | 2486523627.75 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 2.65% | C |
| Profit Margin | 3.52% | C |
| Gross Margin | 15.45% | D |
| Revenue YoY | -2.17% | D |
| Net Profit YoY | -44.32% | D |
| Total Assets YoY | -0.18% | D |
| Net Assets YoY | 0.75% | C |
| Cash Flow Margin | 12.73% | D |
| OCF YoY | -2.17% | D |
| Turnover | 0.67 | B |
| Gearing Ratio | 5.87% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Apple Flavor & Fragrance Group Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-2.17%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-44.32%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.22",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.72%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "3932924679.35",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2486523627.75",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "2.65%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "3.52%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "15.45%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "-2.17%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-44.32%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "-0.18%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "0.75%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "12.73%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "-2.17%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.67",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "5.87%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 44.98 | 40/153 | 23.26 | 22.31 | 21.32 |
| PB | 1.22 | 7/153 | 1.27 | 1.18 | 1.07 |
| PS (TTM) | 1.58 | 20/153 | 1.70 | 1.57 | 1.39 |
| Dividend Yield | 1.72% | 19/153 | 1.80% | 1.68% | 1.57% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | wanhua (600309.SH) | B | B | B | D | A | B |
| 02 | Ganfeng Lithium (002460.SZ) | B | A | D | C | B | B |
| 03 | NHU (002001.SZ) | A | C | C | B | C | B |
| 04 | FEILIHUA (300395.SZ) | B | A | D | A | B | B |
| 05 | Putailai (603659.SH) | B | A | C | C | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/603020.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/603020.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/603020.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/603020.SH/filings.md)

---

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