Guangzhou Seagull Kitchen and Bath Products Co 002084.SZ · CNY
Industrials · Shenzhen · 🇨🇳 China
4.22
+0.48%
Close of 10 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥2.85bn
FY2015FY2024
Net income
−CN¥123.8m
FY2015FY2024
Free cash flow
CN¥47.9m
FY2015FY2024
Shareholders' equity
CN¥1.48bn
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.85bn | CN¥2.90bn | CN¥3.29bn | CN¥4.13bn | CN¥3.34bn | CN¥2.57bn | CN¥2.22bn | CN¥2.07bn | CN¥1.79bn | CN¥1.71bn |
| Gross profit | CN¥320.3m | CN¥398.0m | CN¥504.4m | CN¥737.2m | CN¥786.1m | CN¥618.6m | CN¥427.3m | CN¥440.6m | CN¥387.7m | CN¥357.7m |
| Research and development | CN¥92.3m | CN¥91.1m | CN¥105.8m | CN¥136.6m | CN¥112.7m | CN¥102.1m | CN¥92.8m | CN¥83.3m | CN¥79.5m | CN¥59.0m |
| Operating income | −CN¥109.3m | −CN¥264.9m | CN¥79.9m | CN¥121.1m | CN¥238.5m | CN¥152.7m | CN¥70.7m | CN¥110.0m | CN¥109.2m | CN¥32.8m |
| Net income | −CN¥123.8m | −CN¥232.5m | CN¥47.4m | CN¥85.6m | CN¥152.2m | CN¥130.9m | CN¥41.9m | CN¥92.0m | CN¥85.0m | CN¥46.1m |
| Diluted earnings per share | -0.19 | -0.37 | 0.08 | 0.13 | 0.26 | 0.20 | 0.06 | 0.10 | 0.15 | 0.08 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥3.50bn | CN¥3.70bn | CN¥4.19bn | CN¥4.62bn | CN¥4.00bn | CN¥3.02bn | CN¥2.87bn | CN¥2.44bn | CN¥1.87bn | CN¥1.84bn |
| Cash and short-term investments | CN¥646.9m | CN¥618.4m | CN¥617.3m | CN¥587.5m | CN¥569.5m | CN¥565.2m | CN¥747.6m | CN¥705.9m | CN¥261.4m | CN¥319.1m |
| Total liabilities | CN¥1.90bn | CN¥1.93bn | CN¥2.10bn | CN¥2.59bn | CN¥1.96bn | CN¥1.31bn | CN¥1.21bn | CN¥765.3m | CN¥619.9m | CN¥693.1m |
| Debt | CN¥831.6m | CN¥1.02bn | CN¥1.17bn | CN¥1.27bn | CN¥798.0m | CN¥663.8m | CN¥781.5m | CN¥370.0m | CN¥279.0m | CN¥349.1m |
| Shareholders' equity | CN¥1.48bn | CN¥1.63bn | CN¥1.87bn | CN¥1.82bn | CN¥1.77bn | CN¥1.61bn | CN¥1.59bn | CN¥1.62bn | CN¥1.18bn | CN¥1.11bn |
| Shares outstanding | 645m | 629m | 584m | 649m | 588m | 659m | 673m | 899m | 558m | 607m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥156.2m | CN¥347.1m | CN¥329.7m | CN¥111.2m | CN¥92.8m | CN¥124.1m | CN¥63.1m | CN¥182.4m | CN¥206.8m | CN¥184.1m |
| Capital spending | −CN¥108.3m | −CN¥87.3m | −CN¥176.7m | −CN¥320.6m | −CN¥109.9m | −CN¥121.1m | −CN¥166.2m | −CN¥110.6m | −CN¥70.1m | −CN¥61.7m |
| Free cash flow | CN¥47.9m | CN¥259.9m | CN¥153.0m | −CN¥209.4m | −CN¥17.1m | CN¥3.0m | −CN¥103.0m | CN¥71.8m | CN¥136.7m | CN¥122.4m |
| Dividends paid | −CN¥52.6m | −CN¥36.5m | −CN¥38.2m | −CN¥43.9m | −CN¥37.5m | −CN¥30.4m | −CN¥73.6m | −CN¥60.9m | −CN¥42.7m | −CN¥35.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥657.8m | CN¥558.1m | CN¥672.2m | CN¥711.5m | CN¥655.9m | CN¥698.8m | CN¥726.1m | CN¥752.4m |
| Gross profit | CN¥87.4m | CN¥65.6m | CN¥104.5m | CN¥69.9m | CN¥92.7m | −CN¥14.3m | CN¥102.7m | CN¥126.1m |
| Operating income | CN¥3.1m | −CN¥9.9m | −CN¥35.4m | −CN¥14.6m | −CN¥2.1m | −CN¥118.3m | −CN¥13.5m | CN¥7.8m |
| Net income | −CN¥17.5m | −CN¥22.5m | −CN¥36.2m | −CN¥20.0m | −CN¥6.1m | −CN¥119.3m | −CN¥15.8m | CN¥4.9m |
| Diluted earnings per share | -0.03 | -0.03 | -0.06 | -0.03 | -0.01 | -0.18 | -0.02 | 0.01 |
| Cash from operations | — | — | CN¥62.0m | CN¥4.0m | CN¥78.0m | — | CN¥56.0m | CN¥2.0m |
| Capital spending | −CN¥11.0m | −CN¥7.0m | −CN¥23.0m | −CN¥29.0m | −CN¥21.0m | −CN¥34.0m | −CN¥22.0m | −CN¥30.0m |
| Free cash flow | — | — | CN¥39.0m | −CN¥25.0m | CN¥57.0m | — | CN¥34.0m | −CN¥28.0m |
| Total assets | CN¥2.98bn | CN¥2.92bn | CN¥3.28bn | CN¥3.35bn | CN¥3.47bn | CN¥3.50bn | CN¥3.76bn | CN¥3.80bn |
| Cash and short-term investments | — | — | CN¥658.6m | CN¥638.9m | CN¥764.3m | CN¥646.9m | CN¥744.5m | CN¥747.9m |
| Debt | CN¥324.8m | CN¥163.9m | CN¥745.6m | CN¥588.3m | CN¥772.9m | CN¥760.3m | CN¥740.5m | CN¥651.3m |
| Shareholders' equity | CN¥1.27bn | CN¥1.30bn | CN¥1.39bn | CN¥1.44bn | CN¥1.46bn | CN¥1.48bn | CN¥1.59bn | CN¥1.61bn |
Financial ratios
Data as of 27 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | — | 11.2% | 13.7% | 15.3% | 17.9% | 23.5% | 24.1% |
| Operating margin | — | -3.2% | -9.1% | 2.4% | 3.1% | 7.3% | 7.4% |
| Net margin | — | -4.3% | -8.0% | 1.4% | 2.1% | 4.6% | 5.1% |
| Return on equity | — | -8.4% | -14.3% | 2.5% | 4.7% | 8.6% | 8.1% |
| Return on assets | — | -3.5% | -6.3% | 1.1% | 1.9% | 3.8% | 4.3% |
| Free cash flow yield | — | 9.7% | 16.3% | 20.4% | 15.7% | 8.1% | 8.8% |
| Revenue growth | — | -1.7% | -11.9% | -20.1% | 23.5% | 30.0% | 15.5% |
| Earnings growth | — | -46.8% | -590.5% | -44.6% | -43.7% | 16.3% | 212.0% |
| Current ratio | — | 1.71x | 1.36x | 1.84x | 1.42x | 1.69x | 2.01x |
| Debt to equity | — | 0.51x | 0.57x | 0.50x | 0.64x | 0.45x | 0.41x |
| Equity ratio | — | 42.3% | 44.1% | 44.5% | 39.4% | 44.2% | 53.2% |
| Interest coverage | — | -2.39x | -6.21x | 1.69x | 2.32x | 4.91x | 4.95x |
| R&D as a share of sales | — | 3.2% | 3.1% | 3.2% | 3.3% | 3.4% | 4.0% |
| Buybacks as a share of market value | 0.2% | -2.5% | -7.7% | 10.0% | -10.3% | 10.7% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -11.6% | 2.1% | 5.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 12.5% | 14.9% | 17.6% | 18.9% |
| Operating margin | -6.5% | -1.3% | 1.1% | 2.0% |
| Net margin | -6.2% | -1.7% | 0.3% | 1.3% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -15.0 | -10.8 | 54.7 | 37.9 | 22.5 | 24.5 | 46.9 | 47.7 | 53.1 | 131.2 |
| Price to sales | 0.7 | 0.9 | 0.8 | 0.8 | 1.0 | 1.3 | 0.9 | 2.1 | 2.5 | 3.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 26 Jun 2024.
| FY2024 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.03 | 0.075 | 0.075 | 0.038 | 0.023 | 0.038 | 0.062 | 0.062 |
- 11-for-10 split · 18 May 2022
- 11-for-10 split · 1 Jun 2021
- 11-for-10 split · 5 Jun 2020
- 11-for-10 split · 24 May 2013
- 11-for-10 split · 25 Apr 2012
- 6-for-5 split · 15 Apr 2011
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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