TacticScaleWhat YanKer shop Food (盐津铺子) Does & How It Makes Money (002847.SZ)
Updated October 2026 · reflects YanKer shop Food's latest reported financials
Chinese maker of packaged leisure snacks and dried foods. The company earns revenue by manufacturing packaged snack foods and selling them under its own brands to consumers in China and internationally.
How YanKer shop Food makes money
The company earns revenue by manufacturing packaged snack foods and selling them under its own brands to consumers in China and internationally.
What YanKer shop Food does
YanKer shop Food Co., Ltd. is a Changsha-based packaged food company, founded in 2005, that researches, develops, produces and sells leisure snacks in China and internationally. It has a broad product line covering deep-sea and fish snacks, egg snacks, spicy strips, bean and dried bean products, baked potatoes and potato chips, candied roasted seeds and nuts, vegetarian foods, meat products, dried fruits, and baked goods such as bread and cakes. The company sells through several brands, including Kidney Beans 58 Fresh, Xiaoxin Prince, 12.5 Degrees Mango, 31 Degrees Fresh Fish and Dry Series. It sits in the consumer defensive sector, and its revenue depends on everyday discretionary snacking demand, mainly in China.
Products & services
- Deep-sea and fish snacks (31 Degrees Fresh Fish, fish tofu)
- Dried mango (12.5 Degrees Mango)
- Spicy strips and hot pepper products
- Bean products and dried beans
- Potato chips and baked potatoes
- Baked goods (bread, cakes)
盐津铺子是做什么的？
盐津铺子成立于2005年，总部位于湖南长沙，是一家集研发、生产和销售于一体的休闲食品企业，业务覆盖中国及海外市场。产品线较广，包括深海零食、蛋类零食、辣条、豆制品及豆干、烘烤薯类及薯片、坚果炒货、素食、肉鱼制品、果干，以及面包、蛋糕等烘焙产品。 公司以多个自有品牌销售产品，包括12.5度芒果、31度鲜鱼等系列。公司属于必需消费品中的包装食品行业，收入主要来自中国消费者的日常零食消费。
What is YanKer shop Food worth?
On an owner-earnings DCF, YanKer shop Food's most-likely value is about ¥7 versus a recent price near ¥44 (568% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~¥3) with a margin of safety — so the honest verdict here is “Stretched — richly priced.” Fair value earns its keep only at the extremes, not in the wide middle.
Today's $44 is above even the optimistic Bull case ($12) — the market expects faster, longer growth than modeled here. Expensive unless that extra growth actually shows up.
⚠ High leverage — net debt is 12.2× annual cash flow. Net debt is subtracted from this fair value, but refinancing at higher rates, principal timing, and share dilution aren’t modeled — the equity can be worth far less if cash flow weakens.
⚠ Capital-intensive — this business reinvests heavily, so free cash flow runs well below its earnings. Fair value here is built on free cash flow, which understates owner earnings for reinvestment-heavy companies — read it as conservative.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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