Guangzhou Shangpin Home Collection Co 300616.SZ · CNY
Consumer Discretionary · Shenzhen · 🇨🇳 China
9.68
+1.47%
Close of 9 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥3.55bn
FY2016FY2025
Net income
−CN¥248.4m
FY2016FY2025
Free cash flow
−CN¥500.0m
FY2016FY2025
Shareholders' equity
CN¥2.98bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.55bn | CN¥3.79bn | CN¥4.90bn | CN¥5.31bn | CN¥7.31bn | CN¥6.51bn | CN¥7.26bn | CN¥6.65bn | CN¥5.32bn | CN¥4.03bn |
| Gross profit | CN¥1.08bn | CN¥1.23bn | CN¥1.71bn | CN¥1.84bn | CN¥2.42bn | CN¥2.16bn | CN¥3.02bn | CN¥2.90bn | CN¥2.40bn | CN¥1.86bn |
| Research and development | CN¥174.9m | CN¥208.1m | CN¥174.1m | CN¥167.4m | CN¥185.9m | CN¥156.4m | CN¥136.0m | CN¥153.8m | CN¥197.2m | CN¥141.2m |
| Operating income | −CN¥218.7m | −CN¥205.6m | CN¥56.6m | CN¥119.5m | CN¥57.0m | CN¥113.2m | CN¥624.2m | CN¥572.9m | CN¥461.1m | CN¥317.8m |
| Net income | −CN¥248.4m | −CN¥215.4m | CN¥64.8m | CN¥46.3m | CN¥89.7m | CN¥101.4m | CN¥528.4m | CN¥477.1m | CN¥380.0m | CN¥255.5m |
| Diluted earnings per share | -1.07 | -1.77 | 0.37 | 0.22 | 0.44 | 0.51 | 2.79 | 2.42 | 1.95 | 1.75 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥6.93bn | CN¥8.27bn | CN¥8.79bn | CN¥8.18bn | CN¥7.99bn | CN¥6.24bn | CN¥6.12bn | CN¥5.32bn | CN¥4.57bn | CN¥2.15bn |
| Cash and short-term investments | — | CN¥2.83bn | CN¥3.29bn | CN¥2.30bn | CN¥2.52bn | CN¥2.17bn | CN¥2.67bn | CN¥1.65bn | CN¥646.9m | CN¥848.0m |
| Total liabilities | CN¥3.95bn | CN¥4.86bn | CN¥5.18bn | CN¥4.60bn | CN¥4.41bn | CN¥2.73bn | CN¥2.60bn | CN¥2.27bn | CN¥1.95bn | CN¥1.32bn |
| Debt | CN¥726.3m | CN¥2.33bn | CN¥2.85bn | CN¥2.01bn | CN¥1.81bn | CN¥139.4m | CN¥59.7m | CN¥109.4m | CN¥160.6m | — |
| Shareholders' equity | CN¥2.98bn | CN¥3.41bn | CN¥3.62bn | CN¥3.58bn | CN¥3.58bn | CN¥3.51bn | CN¥3.52bn | CN¥3.05bn | CN¥2.62bn | CN¥834.3m |
| Shares outstanding | 233m | 121m | 176m | 211m | 204m | 198m | 190m | 197m | 195m | 146m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥262.6m | CN¥342.5m | CN¥798.7m | CN¥46.8m | CN¥538.8m | CN¥132.0m | CN¥618.9m | CN¥650.3m | CN¥878.9m | CN¥717.9m |
| Capital spending | −CN¥237.4m | −CN¥236.7m | −CN¥696.3m | −CN¥225.8m | −CN¥1.07bn | −CN¥592.1m | −CN¥802.8m | −CN¥635.5m | −CN¥401.8m | −CN¥351.5m |
| Free cash flow | −CN¥500.0m | CN¥105.8m | CN¥102.4m | −CN¥179.0m | −CN¥532.8m | −CN¥460.1m | −CN¥183.9m | CN¥14.8m | CN¥477.2m | CN¥366.3m |
| Dividends paid | −CN¥218.8m | −CN¥247.3m | −CN¥125.0m | −CN¥29.7m | −CN¥29.7m | −CN¥119.2m | −CN¥119.2m | −CN¥110.9m | −CN¥110.4m | −CN¥32.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥579.1m | CN¥597.6m | CN¥1.00bn | CN¥998.5m | CN¥810.2m | CN¥741.3m | CN¥1.06bn | CN¥1.02bn |
| Gross profit | CN¥137.5m | CN¥144.7m | CN¥223.0m | CN¥325.0m | CN¥269.8m | CN¥261.2m | CN¥361.4m | CN¥349.5m |
| Operating income | −CN¥126.4m | −CN¥83.5m | −CN¥95.3m | −CN¥3.1m | −CN¥41.0m | −CN¥43.8m | −CN¥50.9m | −CN¥11.2m |
| Net income | −CN¥135.6m | −CN¥97.0m | −CN¥168.9m | CN¥1.2m | −CN¥41.8m | −CN¥38.9m | −CN¥101.2m | −CN¥8.3m |
| Diluted earnings per share | -0.58 | -0.42 | -0.72 | 0.01 | -0.18 | -0.17 | -0.83 | -0.07 |
| Cash from operations | — | — | — | CN¥52.0m | CN¥31.0m | −CN¥242.0m | — | CN¥144.0m |
| Capital spending | −CN¥16.0m | −CN¥96.0m | −CN¥78.0m | −CN¥48.0m | −CN¥73.0m | −CN¥37.0m | −CN¥65.0m | −CN¥51.0m |
| Free cash flow | — | — | — | CN¥4.0m | −CN¥42.0m | −CN¥279.0m | — | CN¥93.0m |
| Total assets | CN¥6.18bn | CN¥6.39bn | CN¥6.93bn | CN¥7.21bn | CN¥7.38bn | CN¥7.72bn | CN¥8.27bn | CN¥8.21bn |
| Cash and short-term investments | — | — | — | CN¥1.73bn | CN¥1.99bn | CN¥2.41bn | CN¥2.83bn | CN¥2.85bn |
| Debt | CN¥785.6m | CN¥778.4m | CN¥726.3m | CN¥1.61bn | CN¥1.69bn | CN¥1.96bn | CN¥2.11bn | CN¥2.55bn |
| Shareholders' equity | CN¥2.70bn | CN¥2.88bn | CN¥2.98bn | CN¥3.15bn | CN¥3.14bn | CN¥3.37bn | CN¥3.41bn | CN¥3.52bn |
Financial ratios
Data as of 25 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 30.4% | 32.6% | 35.0% | 34.6% | 33.2% | 33.2% |
| Operating margin | -6.0% | -3.9% | 2.8% | 2.2% | 1.3% | 1.7% |
| Net margin | -7.0% | -5.7% | 1.3% | 0.9% | 1.2% | 1.6% |
| Return on equity | -8.3% | -6.3% | 1.8% | 1.3% | 2.5% | 2.9% |
| Return on assets | -3.6% | -2.6% | 0.7% | 0.6% | 1.1% | 1.6% |
| Free cash flow yield | -0.9% | 38.2% | 68.2% | 10.4% | 63.2% | 29.2% |
| Revenue growth | -6.2% | -22.7% | -7.8% | -27.3% | 12.2% | -10.3% |
| Earnings growth | 15.3% | -432.1% | 40.1% | -48.4% | -11.5% | -80.8% |
| Current ratio | 0.93x | 1.02x | 1.01x | 0.99x | 1.06x | 1.36x |
| Debt to equity | 0.24x | 0.62x | 0.73x | 0.47x | 0.40x | 0.04x |
| Equity ratio | 43.0% | 41.2% | 41.1% | 43.8% | 44.8% | 56.2% |
| Interest coverage | -6.04x | -2.28x | 1.65x | 1.27x | 1.86x | 13.71x |
| R&D as a share of sales | 4.9% | 5.5% | 3.6% | 3.1% | 2.5% | 2.4% |
| Buybacks as a share of market value | -91.9% | 30.8% | 16.6% | -3.3% | -2.8% | -4.6% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -12.6% | -11.4% | 1.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 31.5% | 33.4% | 33.3% | 38.2% |
| Operating margin | -5.8% | -1.4% | -0.2% | 3.6% |
| Net margin | -6.3% | -2.0% | -0.5% | 2.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -13.0 | -6.9 | 48.5 | 89.3 | 97.5 | 155.8 | 26.8 | 25.1 | 45.0 |
| Price to sales | 0.9 | 0.4 | 0.6 | 0.8 | 1.2 | 2.4 | 1.9 | 1.8 | 3.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 8 years. Last went ex-dividend on 28 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.20 | 0.90 | 0.90 | 0.15 | 0.15 | 0.15 | 0.60 | 0.60 |
- 9-for-5 split · 15 May 2018
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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