Capital, Earnings & M&A
Has Haitian Flavoring, with a Market Cap of 270 Billion Yuan, Reached Its Peak?
Haitian Flavoring (603288.SH) has seen its market value surge over six-fold since listing, but its growth is under pressure. Despite strong cash flow, current liabilities have risen sharply, inventory has surged, and prepayments have slowed, raising concerns about whether its high valuation is justified.
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