K-food & frozen foods · Feed amino acids
CJ CheilJedang
CJ CheilJedang is Korea's No.1 K-food company behind Hatban rice and Bibigo, and a global player that secured a North American frozen-food network through its 2019 acquisition of Schwan's. It is also a green-bio leader with top world share in feed amino acids such as lysine and tryptophan. Its earnings run on a consumption-and-commodity clock (grain and raw-sugar costs, demand, amino-acid fermentation spreads), not on the AI cycle.
097950.KS Updated Jul 12, 2026 5 AI consumers· 3 recurring
Per the valuechain.wiki graph, CJ CheilJedang is directly linked to 4 companies (0 supply, 4 revenue relationships) and reaches 5 companies within two hops; the links are backed by 5 dated sources, 1 of them primary filings (as of 2026-07-12).
Financials & Segments
- Total revenue · FY2025 consolidated revenue KRW 27.34T (incl. CJ Logistics). Core business (food+bio+feed) ~KRW 18T. FY2024 operating profit KRW 1.03T (+26%).
- Customer concentration · Runs on grain/raw-sugar costs, consumer demand and amino-acid fermentation spreads. Bibigo leads the US B2C dumpling market at 41%. AI-independent.
- Segments · Food · Bio (amino acids) · Feed & Care (FNT) · Logistics
Revenue from
- 글로벌 사료·식품 아미노산 고객 (비노드) High confidence· Revenue 4.21조원 · FY2024 · bio segment revenue
Supplies lysine, tryptophan, valine and nucleotides to global feed and food companies (world No.1; ~95%+ of bio revenue overseas). - Costco Wholesale High confidence
Bibigo mandu is a nationwide Costco staple (Pork & Veg 48oz, Chicken & Veg 36-ct), and Bibigo leads the US B2C dumpling market at 41%.Confirms EN The Asia Business Daily Published May 29, 2025: Bibigo leads US dumpling market with 41% share, on Walmart shelves - Coupang High confidence
Direct B2B supply of Hatban and Bibigo mandu to Coupang Rocket Delivery, resumed Aug 2024 after a ~2-year pricing standoff that began in late 2022.Confirms KO KL News Published Aug 1, 2024: Coupang and CJ CheilJedang resume Hatban/Bibigo Rocket Delivery after supply dispute - Walmart Inc Medium confidence
Post-Schwan's (2019, ~60,000 US points), supplies Bibigo to Walmart and other US mass retail; Bibigo is America's No.1 Korean food brand.Confirms EN The Asia Business Daily Published May 29, 2025: Bibigo leads US dumpling market with 41% share, on Walmart shelves - E-mart Inc. Medium confidence
Collaborates with Shinsegae's retail trio including E-mart, with an E-mart-exclusive Hatban SKU; a core domestic offline channel.Confirms KO Topdaily Published Jun 1, 2024: CJ CheilJedang partners with Shinsegae retail trio; E-mart-exclusive Hatban
Pays to
- 발효·제조·물류 (비공개) Medium confidence
Fermentation, food manufacturing and logistics (CJ Logistics) costs. - 곡물·원당·유지 원재료 (비공개) Medium confidence
Exposed to agricultural input costs: wheat, raw sugar, soybean and edible oils.
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| UnitedHealth Group Incorporated | lead2 | +45.2 | +6.9 | +0.8 | -2.4 | -33.1 | +21.9 |
| Costco Wholesale | lead1 | +51.8 | -19 | +49 | +39.6 | -5.4 | +6.7 |
| Walmart Inc | lead1 | +2 | -0.5 | +12.9 | +74 | +24.5 | -3.2 |
| E-mart Inc. | lead1 | -18.4 | -19.5 | -25.3 | -14.6 | +44.7 | -17.1 |
| Coupang | lead1 | · | -49.9 | +10.1 | +35.8 | +7.3 | -35.2 |
| CJ CheilJedang | node | -17.7 | +1.1 | -14.5 | -15.7 | -8.9 | -12.2 |
YTD as of 2026-09-04 · source: Yahoo Finance
CJ CheilJedang operates across KOSPI, #1 K-food & world #1 feed amino acids, consumption-commodity clock. It remained weak at -8.9% in 2025 and -12.2% in 2026. The stock (-12.2%) and its demand side (avg -12.2%) are moving in step. Among connected nodes the furthest ahead is Costco Wholesale (+6.7%) and the furthest behind is Coupang (-35.2%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Its earnings run on a consumption-and-commodity clock (grain and raw-sugar costs, demand, amino-acid fermentation spreads), not on the AI cycle.
Analysis generated from returns as of 2026-09-04Analyst ratings
Consensus: Buy 2 · Hold 0 · Sell 0 · Avg. target ₩275,000 · Price ₩183,400 (09-04) · Upside +50%
Analyses covering this node
- Consumption does not run on one clock: staples, discretionary, luxury diverge Jul 5, 2026
- Clocks that haven't run and clocks that ran hardest Jul 5, 2026