Multi-SegmentGlobal
🇨🇳 New Hope Group
Chengdu, Sichuan, China · Est. 1982
China's largest and the world's second-largest animal feed manufacturer by volume, producing approximately 60 million MT of feed annually from 400+ facilities across China and Southeast Asia. New Hope's scale in China is so large that its procurement decisions — for maize, soybean meal, and fishmeal — move prices in Asian commodity markets. The company has also expanded into SE Asia (Vietnam, Laos, Indonesia) and is a significant force in the feed markets where India competes for aqua feed technology and raw material inputs.
Revenue
$23.0B
2023
Capacity
60M MT
MT / year
EBITDA Margin
4.8%
operating margin
Employees
85,000
headcount
Listed
000876 · SZSE (Shenzhen)
Revenue History
USD Million (CNY converted)
Total company (feed-majority, also includes food processing)
Revenue by Feed Segment
Segment Breakdown
Swine Feed
45%
Poultry Feed
30%
Aqua Feed
15%
Ruminant Feed
10%
Intelligence
Key Facts
#2 globally by volume — 60M MT/yr from 400+ plants; China market alone is 8x India's entire feed market
Procurement decisions for soy meal and corn move Asian commodity benchmark prices
Vietnam and Indonesia operations place it in direct competition with India aqua exports in ASEAN
Thin EBITDA margins (4.8%) typical of China feed market — high competition, low differentiation
Investment Highlight
Scale benchmark: India's entire compound feed market (35M MT) is smaller than New Hope's single-country China output — the gap that India's growing feed sector is gradually closing
Geographic Footprint
Operating Countries
ChinaVietnamIndonesiaLaosBangladeshPhilippines