Zhejiang China Commodities City Group Co 600415.SS · CNY
Consumer Discretionary · Shanghai · 🇨🇳 China
12.17
-1.06%
Close of 9 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥19.93bn
FY2016FY2025
Net income
CN¥4.20bn
FY2016FY2025
Free cash flow
CN¥8.35bn
FY2016FY2025
Shareholders' equity
CN¥22.95bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥19.93bn | CN¥15.74bn | CN¥11.30bn | CN¥7.62bn | CN¥6.03bn | CN¥3.73bn | CN¥4.04bn | CN¥3.59bn | CN¥10.02bn | CN¥7.04bn |
| Research and development | CN¥40.7m | CN¥23.2m | CN¥21.7m | CN¥17.4m | CN¥10.3m | CN¥18.5m | CN¥18.3m | CN¥23.8m | CN¥9.9m | CN¥6.8m |
| Operating income | CN¥4.86bn | CN¥4.01bn | CN¥3.11bn | CN¥1.15bn | CN¥1.65bn | CN¥1.44bn | CN¥1.63bn | CN¥1.38bn | CN¥2.25bn | CN¥1.61bn |
| Net income | CN¥4.20bn | CN¥3.07bn | CN¥2.68bn | CN¥1.10bn | CN¥1.33bn | CN¥926.6m | CN¥1.26bn | CN¥1.08bn | CN¥1.46bn | CN¥1.06bn |
| Diluted earnings per share | 0.76 | 0.56 | 0.49 | 0.20 | 0.25 | 0.17 | 0.25 | 0.22 | 0.22 | 0.21 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥44.41bn | CN¥39.17bn | CN¥36.22bn | CN¥32.11bn | CN¥31.01bn | CN¥28.75bn | CN¥31.32bn | CN¥26.88bn | CN¥23.86bn | CN¥27.14bn |
| Cash and short-term investments | — | CN¥5.94bn | CN¥2.94bn | CN¥2.05bn | CN¥4.91bn | CN¥5.66bn | CN¥6.52bn | CN¥3.21bn | CN¥2.14bn | CN¥832.5m |
| Total liabilities | CN¥21.38bn | CN¥18.60bn | CN¥18.52bn | CN¥16.83bn | CN¥16.38bn | CN¥15.18bn | CN¥18.24bn | CN¥15.05bn | CN¥12.31bn | CN¥16.59bn |
| Debt | CN¥3.26bn | CN¥867.6m | CN¥9.36bn | CN¥5.25bn | CN¥5.58bn | CN¥6.41bn | CN¥9.54bn | CN¥7.47bn | CN¥5.55bn | CN¥4.08bn |
| Shareholders' equity | CN¥22.95bn | CN¥20.50bn | CN¥17.69bn | CN¥15.26bn | CN¥14.61bn | CN¥13.56bn | CN¥13.02bn | CN¥11.76bn | CN¥11.19bn | CN¥10.14bn |
| Shares outstanding | 5,554m | 5,471m | 5,456m | 5,443m | 5,391m | 5,572m | 4,977m | 4,831m | 6,722m | 5,128m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥10.53bn | CN¥4.49bn | CN¥1.85bn | CN¥1.40bn | CN¥2.03bn | CN¥828.8m | −CN¥1.54bn | CN¥1.31bn | CN¥273.9m | CN¥1.10bn |
| Capital spending | −CN¥2.18bn | −CN¥1.50bn | −CN¥2.63bn | −CN¥4.11bn | −CN¥2.04bn | −CN¥1.21bn | −CN¥951.8m | −CN¥439.5m | −CN¥528.9m | −CN¥781.0m |
| Free cash flow | CN¥8.35bn | CN¥2.99bn | −CN¥782.6m | −CN¥2.71bn | −CN¥9.5m | −CN¥383.4m | −CN¥2.49bn | CN¥867.7m | −CN¥255.0m | CN¥316.3m |
| Dividends paid | −CN¥1.99bn | −CN¥1.40bn | −CN¥594.9m | −CN¥652.0m | −CN¥650.8m | −CN¥537.3m | −CN¥771.6m | −CN¥735.3m | −CN¥570.6m | −CN¥506.2m |
Latest quarters
By quarter end
| Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥5.04bn | CN¥5.69bn | CN¥4.59bn | CN¥6.87bn | CN¥5.35bn | CN¥4.55bn | CN¥3.16bn | CN¥5.12bn |
| Operating income | CN¥1.88bn | CN¥1.17bn | CN¥1.21bn | CN¥781.2m | CN¥2.20bn | CN¥1.13bn | CN¥1.02bn | CN¥1.05bn |
| Net income | CN¥1.48bn | CN¥988.8m | CN¥990.4m | CN¥746.2m | CN¥1.77bn | CN¥887.6m | CN¥803.3m | CN¥744.8m |
| Diluted earnings per share | 0.27 | 0.18 | 0.18 | 0.13 | 0.32 | 0.16 | 0.14 | 0.14 |
| Cash from operations | — | — | — | — | CN¥8.22bn | CN¥1.66bn | −CN¥278.0m | CN¥4.04bn |
| Capital spending | −CN¥443.0m | −CN¥338.0m | −CN¥3.20bn | −CN¥510.0m | −CN¥436.0m | −CN¥416.0m | −CN¥819.0m | −CN¥461.0m |
| Free cash flow | — | — | — | — | CN¥7.79bn | CN¥1.25bn | −CN¥1.10bn | CN¥3.58bn |
| Total assets | CN¥43.76bn | CN¥43.18bn | CN¥44.14bn | CN¥44.41bn | CN¥45.30bn | CN¥38.38bn | CN¥37.76bn | CN¥39.17bn |
| Cash and short-term investments | — | — | — | — | CN¥7.97bn | CN¥4.69bn | CN¥4.69bn | CN¥5.94bn |
| Debt | CN¥3.08bn | CN¥3.08bn | CN¥3.10bn | CN¥3.26bn | CN¥1.87bn | CN¥7.34bn | CN¥717.6m | CN¥717.6m |
| Shareholders' equity | CN¥23.02bn | CN¥22.10bn | CN¥23.87bn | CN¥22.95bn | CN¥22.18bn | CN¥20.39bn | CN¥21.31bn | CN¥20.50bn |
Financial ratios
Data as of 12 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 24.4% | 24.1% | 18.0% | 2.9% | 19.8% | 38.8% |
| Net margin | 21.1% | 19.5% | 23.7% | 14.5% | 22.1% | 24.9% |
| Return on equity | 18.3% | 15.0% | 15.1% | 7.2% | 9.1% | 6.8% |
| Return on assets | 9.5% | 7.8% | 7.4% | 3.4% | 4.3% | 3.2% |
| Free cash flow yield | 19.1% | 9.1% | 6.8% | 8.5% | 6.3% | 3.1% |
| Revenue growth | 26.6% | 39.3% | 48.3% | 26.3% | 62.0% | -7.8% |
| Earnings growth | 36.8% | 14.9% | 142.3% | -17.2% | 44.0% | -26.2% |
| Current ratio | 1.14x | 0.55x | 0.48x | 0.42x | 0.59x | 0.91x |
| Debt to equity | 0.14x | 0.04x | 0.52x | 0.33x | 0.12x | 0.38x |
| Equity ratio | 51.7% | 52.3% | 48.8% | 47.5% | 47.1% | 47.2% |
| Interest coverage | 63.18x | 14.80x | 10.64x | 0.74x | 3.39x | 3.62x |
| R&D as a share of sales | 0.2% | 0.1% | 0.2% | 0.2% | 0.2% | 0.5% |
| Buybacks as a share of market value | -1.5% | -0.3% | -0.2% | -1.0% | 3.2% | -12.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 37.8% | 39.8% | 13.3% |
| Operating income | 61.9% | 27.5% | 17.5% |
| Net income | 56.1% | 35.3% | 19.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 24.9% | 24.0% | 25.2% | 25.4% |
| Net margin | 20.4% | 20.3% | 20.7% | 19.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 21.1 | 23.9 | 14.9 | 25.8 | 19.6 | 33.1 | 15.3 | 15.6 | 26.6 | 41.8 |
| Price to sales | 4.5 | 4.7 | 3.5 | 3.7 | 4.3 | 8.2 | 4.8 | 4.7 | 3.9 | 6.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 14 years. Last went ex-dividend on 18 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.50 | 0.33 | 0.20 | 0.065 | 0.073 | 0.055 | 0.07 | 0.06 |
- 2-for-1 split · 12 May 2015
- 2-for-1 split · 24 Jun 2011
- 2-for-1 split · 27 Apr 2010
- 2-for-1 split · 27 May 2009
- 2-for-1 split · 8 Sept 2008
- 1-to-1 reverse split · 14 Aug 2006
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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