Guangdong Qunxing Toys Joint Stock Co 002575.SZ · CNY
Consumer Discretionary · Shenzhen · 🇨🇳 China
4.78
-1.44%
Close of 9 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥470.5m
FY2016FY2025
Net income
−CN¥26.4m
FY2016FY2025
Free cash flow
CN¥93.3m
FY2016FY2025
Shareholders' equity
CN¥841.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥470.5m | CN¥369.5m | CN¥62.3m | CN¥85.0m | CN¥51.2m | CN¥91.1m | CN¥24.1m | CN¥19.0m | CN¥53.9m | CN¥250.7m |
| Research and development | — | — | — | CN¥46,077 | CN¥959,268 | CN¥3.4m | CN¥2.8m | — | CN¥10.9m | CN¥10.9m |
| Operating income | −CN¥34.4m | −CN¥25.3m | CN¥12.1m | CN¥10.8m | CN¥19.2m | CN¥32.7m | −CN¥64.2m | CN¥7.3m | −CN¥21.6m | CN¥12.9m |
| Net income | −CN¥26.4m | −CN¥18.4m | CN¥9.2m | CN¥11.3m | CN¥19.7m | CN¥24.5m | −CN¥65.7m | CN¥6.9m | −CN¥21.4m | CN¥12.8m |
| Diluted earnings per share | -0.06 | -0.02 | 0.01 | 0.03 | 0.03 | 0.04 | -0.10 | 0.01 | -0.06 | 0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥931.9m | CN¥930.6m | CN¥907.2m | CN¥822.0m | CN¥835.0m | CN¥1.04bn | CN¥1.02bn | CN¥907.5m | CN¥902.2m | CN¥925.1m |
| Cash and short-term investments | — | CN¥30.2m | CN¥401.0m | CN¥296.8m | CN¥258.0m | CN¥150.6m | CN¥44.1m | CN¥82.9m | CN¥138.1m | CN¥151.4m |
| Total liabilities | CN¥93.6m | CN¥98.1m | CN¥90.8m | CN¥27.1m | CN¥51.6m | CN¥202.1m | CN¥159.7m | CN¥8.9m | CN¥10.8m | CN¥17.5m |
| Debt | — | CN¥14.8m | CN¥687,855 | CN¥92,280 | CN¥15.4m | CN¥92,280 | CN¥92,280 | — | — | — |
| Shareholders' equity | CN¥841.4m | CN¥833.6m | CN¥814.9m | CN¥793.8m | CN¥783.4m | CN¥804.7m | CN¥832.8m | CN¥898.6m | CN¥891.4m | CN¥907.6m |
| Shares outstanding | 464m | 905m | 1,811m | 409m | 767m | 593m | 669m | 1,005m | 373m | 587m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥94.2m | −CN¥72.0m | CN¥19.1m | CN¥13.1m | −CN¥20.5m | CN¥17.1m | CN¥11.5m | CN¥18.9m | CN¥46.9m | CN¥53.2m |
| Capital spending | −CN¥858,796 | −CN¥39.9m | −CN¥6,439 | −CN¥3 | −CN¥10,618 | −CN¥104,138 | −CN¥714,891 | −CN¥4.8m | −CN¥13.9m | −CN¥38.3m |
| Free cash flow | CN¥93.3m | −CN¥111.9m | CN¥19.1m | CN¥13.1m | −CN¥20.5m | CN¥17.0m | CN¥10.8m | CN¥14.1m | CN¥33.1m | CN¥14.9m |
| Dividends paid | −CN¥272,719 | −CN¥64,555 | — | — | — | — | −CN¥170,601 | — | — | −CN¥878,744 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥159.1m | CN¥64.4m | CN¥189.8m | CN¥105.2m | CN¥102.7m | CN¥72.8m | CN¥140.0m | CN¥102.7m |
| Operating income | −CN¥5.1m | −CN¥2.0m | −CN¥2.5m | −CN¥5.5m | −CN¥4.7m | −CN¥19.2m | −CN¥12.5m | −CN¥4.3m |
| Net income | −CN¥47.7m | −CN¥890,369 | −CN¥5.0m | −CN¥4.3m | −CN¥2.0m | −CN¥15.0m | −CN¥8.1m | −CN¥3.7m |
| Diluted earnings per share | -0.10 | -0.00 | -0.01 | -0.01 | -0.00 | -0.03 | -0.01 | -0.00 |
| Cash from operations | — | — | — | CN¥6.0m | CN¥6.0m | CN¥32.0m | — | CN¥1.0m |
| Capital spending | −CN¥1.0m | — | — | — | — | — | — | — |
| Total assets | CN¥878.8m | CN¥932.2m | CN¥931.9m | CN¥929.3m | CN¥926.6m | CN¥920.5m | CN¥930.6m | CN¥925.8m |
| Cash and short-term investments | — | — | — | CN¥85.1m | CN¥79.1m | CN¥73.2m | CN¥30.2m | CN¥206.4m |
| Debt | — | — | — | CN¥10.6m | CN¥10.0m | CN¥10.0m | CN¥10.0m | CN¥10.0m |
| Shareholders' equity | CN¥799.0m | CN¥843.3m | CN¥841.4m | CN¥829.2m | CN¥827.3m | CN¥823.6m | CN¥833.6m | CN¥825.0m |
Financial ratios
Data as of 18 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | -7.3% | -6.7% | 18.8% | 14.2% | 41.0% | 35.7% | — | — | — |
| Net margin | -5.6% | -5.0% | 14.7% | 13.3% | 38.4% | 26.9% | — | — | — |
| Return on equity | -3.1% | -2.2% | 1.1% | 1.4% | 2.5% | 3.0% | — | — | — |
| Return on assets | -2.8% | -2.0% | 1.0% | 1.4% | 2.4% | 2.4% | — | — | — |
| Free cash flow yield | 4.2% | -0.7% | 0.2% | 0.7% | -0.6% | 0.6% | — | — | — |
| Revenue growth | 27.3% | 493.3% | -26.7% | 65.9% | -43.8% | 278.5% | — | — | — |
| Earnings growth | 43.5% | -300.6% | -18.8% | -42.6% | -19.6% | -137.2% | — | — | — |
| Current ratio | 2.45x | 1.46x | 4.90x | 14.21x | 8.82x | 2.03x | — | — | — |
| Debt to equity | 0.00x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | — | — | — |
| Equity ratio | 90.3% | 89.6% | 89.8% | 96.6% | 93.8% | 77.5% | — | — | — |
| Interest coverage | -68.52x | -40.51x | 193.05x | 23.04x | 21.19x | 430.68x | — | — | — |
| R&D as a share of sales | — | — | — | 0.1% | 1.9% | 3.8% | 11.7% | 20.2% | 4.3% |
| Buybacks as a share of market value | 48.7% | 50.0% | -342.7% | 46.7% | -29.5% | 11.4% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 76.9% | 38.9% | 3.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -7.1% | -3.7% | 1.3% | -1.9% |
| Net margin | -5.3% | -2.5% | 1.8% | -1.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -108.7 | -405.6 | — | 225.2 | 170.4 | 84.3 | -71.5 | — | -158.7 | — |
| Price to sales | 6.1 | 20.2 | 163.9 | 29.9 | 65.5 | 22.6 | 195.4 | 398.6 | 63.0 | 32.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 19 Mar 2015.
| FY2015 | FY2014 | FY2013 | FY2012 | |
|---|---|---|---|---|
| Paid in the year | 0.045 | 0.023 | 0.011 | 0.023 |
- 11-for-5 split · 19 Mar 2015
- 2-for-1 split · 7 May 2013
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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