China Feihe stock faces a 44 percent gap to its yearly high

China Feihe stock traded at HKD 2.52 on the Hong Kong Stock Exchange on September 18, 2026, leaving the price 44 percent below its 52-week high of HKD 4.50. The latest half-year figures show revenue growth alongside a clear profit squeeze.

Revenue growth meets lower profit

According to Quartr in its H1 2026 summary dated August 26, 2026, China Feihe generated RMB 9,362.4 million in revenue for the six months ended June 30, 2026. That was 2.3 percent above the RMB 9,150.5 million recorded in the same period of 2025.

The contrast appears below the revenue line. Net profit declined 12.7 percent to RMB 901.1 million, while gross profit increased 2.9 percent to RMB 5,800.1 million. Gross margin improved from 61.6 percent to 62.0 percent, showing that product economics improved even as selling, distribution, and administrative costs weighed on earnings.

Dividend adds a shareholder signal

Moomoo reported on August 26, 2026, that the board declared an interim dividend of HKD 0.0828 per share. The expected payment date was September 22, 2026, while cash and cash equivalents stood at RMB 7.07 billion on June 30, 2026.

The operating base is also sizeable. China Feihe's distribution network covered approximately 67,000 retail sales points through more than 2,600 offline customers, with offline customers accounting for 70.5 percent of dairy product revenue, according to the same interim announcement.

Yearly high remains distant

The HKD 2.52 reference price was up 0.80 percent on September 18, 2026. The 44 percent gap to the HKD 4.50 52-week high places the market picture in sharper contrast with the 2.3 percent first-half revenue increase.

For investors, the central issue is the conversion of sales growth into earnings. China Feihe combines a 62.0 percent gross margin with a 12.7 percent year-over-year net profit decline, making operating-cost control the key numerical test for the second half of 2026.

China Feihe stock price snapshot

China Feihe stock stood at HKD 2.52 on the Hong Kong Stock Exchange on September 18, 2026, with a daily gain of 0.80 percent. The price remained 44 percent below the HKD 4.50 52-week high.