China Foods Limited

HKSE 0506.HK

China Foods Limited Goodwill for the year ending December 31, 2023: USD 260.12 M

China Foods Limited Goodwill is USD 260.12 M for the year ending December 31, 2023, a -2.80% change year over year. Goodwill is the value attributed to intangible assets, such as brand reputation or customer relationships, acquired in a business combination.
  • China Foods Limited Goodwill for the year ending December 31, 2022 was USD 267.62 M, a -7.92% change year over year.
  • China Foods Limited Goodwill for the year ending December 31, 2021 was USD 290.65 M, a 2.73% change year over year.
  • China Foods Limited Goodwill for the year ending December 31, 2020 was USD 282.93 M, a 6.69% change year over year.
  • China Foods Limited Goodwill for the year ending December 31, 2019 was USD 265.20 M, a -1.24% change year over year.
Key data
Date Goodwill Total Assets Current Liabilities Total Non-Current Liabilities
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HKSE: 0506.HK

China Foods Limited

CEO Mr. Lijun Qing
IPO Date Oct. 7, 1988
Location Hong Kong
Headquarters COFCO Tower
Employees 17,821
Sector Consumer Staples
Industries
Description

China Foods Limited, an investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People's Republic of China. The company offers sparkling drinks, juices, water, milk drinks, energy drinks, tea, coffee, functional nutrition drinks, sports and plant-based protein drinks, and alcoholic drinks. It is also involved in the production, sale, and distribution of beverage bottles; wholesale and retail of pre-packaged foods, and raw and auxiliary materials; provision of supply chain information consultation, management, and other services; and wholesale of packaged foods. In addition, the company provides enterprise management and consulting, business information consulting, and marketing planning services, as well as computer information system development, consulting, promotion, and other services. Further, it engages in the food business and internet sale of food. The company was formerly known as COFCO International Limited. China Foods Limited was founded in 1990 and is headquartered in Causeway Bay, Hong Kong. China Foods Limited is a subsidiary of China Foods (Holdings) Limited.

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StockViz Staff

January 15, 2025

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