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Dongguan Huali industries Co 603038.SS · CNY

Consumer Discretionary · Shanghai · 🇨🇳 China

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12.69

+2.75%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥1.25bn

FY2016FY2025

Net income

CN¥21.6m

FY2016FY2025

Free cash flow

−CN¥23.4m

FY2016FY2025

Shareholders' equity

CN¥1.37bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥1.25bnCN¥1.05bnCN¥792.8mCN¥772.8mCN¥1.16bnCN¥865.8mCN¥910.3mCN¥754.2mCN¥649.6mCN¥562.5m
Gross profitCN¥358.6mCN¥283.1mCN¥166.9mCN¥136.3mCN¥117.3mCN¥149.5mCN¥203.7mCN¥196.8mCN¥190.7mCN¥186.0m
Research and developmentCN¥47.4mCN¥33.9mCN¥29.4mCN¥28.7mCN¥27.4mCN¥30.0mCN¥34.1mCN¥30.8mCN¥21.7mCN¥18.5m
Operating incomeCN¥92.1mCN¥51.0mCN¥31.2mCN¥19.5mCN¥24.6mCN¥37.5mCN¥106.6mCN¥95.2mCN¥107.9mCN¥113.9m
Net incomeCN¥21.6mCN¥23.1mCN¥18.6mCN¥10.7mCN¥21.6mCN¥34.0mCN¥93.8mCN¥83.0mCN¥90.9mCN¥99.0m
Diluted earnings per share0.070.100.080.050.080.600.390.330.380.55

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥3.09bnCN¥2.91bnCN¥2.04bnCN¥2.03bnCN¥2.03bnCN¥1.60bnCN¥1.43bnCN¥1.26bnCN¥1.15bnCN¥768.7m
Cash and short-term investments—CN¥574.7mCN¥335.9mCN¥409.9mCN¥389.3mCN¥300.0mCN¥437.2mCN¥275.4mCN¥336.5mCN¥213.8m
Total liabilitiesCN¥1.50bnCN¥1.32bnCN¥666.5mCN¥675.9mCN¥678.8mCN¥516.4mCN¥331.0mCN¥240.3mCN¥205.3mCN¥239.2m
DebtCN¥432.8mCN¥579.7mCN¥421.6mCN¥452.7mCN¥327.6mCN¥225.2mCN¥51.9mCN¥22.0mCN¥21.6mCN¥39.6m
Shareholders' equityCN¥1.37bnCN¥1.36bnCN¥1.35bnCN¥1.33bnCN¥1.33bnCN¥1.08bnCN¥1.08bnCN¥1.01bnCN¥939.8mCN¥529.5m
Shares outstanding309m221m236m207m280m57m239m250m238m180m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥105.3mCN¥297.5mCN¥114.4mCN¥161.0m−CN¥10.1mCN¥38.4mCN¥120.4mCN¥109.4mCN¥65.2mCN¥88.1m
Capital spending−CN¥128.7m−CN¥81.0m−CN¥134.8m−CN¥236.0m−CN¥302.5m−CN¥82.8m−CN¥87.6m−CN¥120.7m−CN¥168.1m−CN¥54.6m
Free cash flow−CN¥23.4mCN¥216.5m−CN¥20.4m−CN¥75.0m−CN¥312.6m−CN¥44.5mCN¥32.8m−CN¥11.3m−CN¥103.0mCN¥33.5m
Dividends paid−CN¥34.1m−CN¥29.5m−CN¥28.3m−CN¥14.5m−CN¥20.3m−CN¥30.3m−CN¥30.1m−CN¥19.4m−CN¥30.9m−CN¥26.4m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥321.1mCN¥351.8mCN¥365.6mCN¥445.2mCN¥312.8mCN¥220.4mCN¥430.5mCN¥243.2m
Gross profitCN¥94.4mCN¥127.5mCN¥109.6mCN¥141.4mCN¥85.9mCN¥63.8mCN¥123.2mCN¥65.1m
Operating incomeCN¥20.5mCN¥65.8mCN¥34.2mCN¥55.2mCN¥14.7mCN¥6.1mCN¥868,564CN¥18.3m
Net incomeCN¥7.2mCN¥68.8m−CN¥10.6mCN¥28.7mCN¥11.0mCN¥7.1m−CN¥11.8mCN¥16.5m
Diluted earnings per share0.020.22-0.030.090.040.02-0.050.07
Cash from operations———−CN¥7.0m−CN¥34.0m−CN¥46.0m—CN¥43.0m
Capital spending−CN¥31.0m−CN¥23.0m−CN¥27.0m−CN¥26.0m−CN¥47.0m−CN¥26.0m−CN¥36.0m−CN¥5.0m
Free cash flow———−CN¥33.0m−CN¥81.0m−CN¥72.0m—CN¥38.0m
Total assetsCN¥3.08bnCN¥3.02bnCN¥3.09bnCN¥2.86bnCN¥2.72bnCN¥2.85bnCN¥2.91bnCN¥1.89bn
Cash and short-term investments———CN¥261.3mCN¥297.1mCN¥563.9mCN¥574.7mCN¥238.4m
DebtCN¥474.7mCN¥460.9mCN¥432.8mCN¥313.3mCN¥591.9mCN¥691.0mCN¥569.9mCN¥303.1m
Shareholders' equityCN¥1.43bnCN¥1.43bnCN¥1.37bnCN¥1.39bnCN¥1.36bnCN¥1.37bnCN¥1.36bnCN¥1.37bn

Financial ratios

Data as of 17 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin28.7%26.8%21.1%17.6%10.1%17.3%
Operating margin3.8%5.7%4.3%2.5%2.6%4.8%
Net margin1.7%2.2%2.3%1.4%1.9%3.9%
Return on equity1.6%1.7%1.4%0.8%1.6%3.1%
Return on assets0.7%0.8%0.9%0.5%1.1%2.1%
Free cash flow yield5.5%12.5%7.7%14.0%7.6%15.6%
Revenue growth18.3%33.0%2.6%-33.3%33.9%-4.9%
Earnings growth-6.5%24.2%74.5%-50.6%-36.5%-63.8%
Current ratio1.40x1.52x2.85x2.44x2.08x1.55x
Debt to equity0.32x0.42x0.31x0.33x0.24x0.21x
Equity ratio44.3%46.8%66.1%65.6%65.6%67.4%
Interest coverage1.86x3.16x2.15x1.59x5.17x8.98x
R&D as a share of sales3.8%3.2%3.7%3.7%2.4%3.5%
Buybacks as a share of market value-39.4%6.2%-14.2%26.1%-391.8%76.2%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue17.3%7.6%9.8%
Operating income67.8%19.7%1.4%
Net income26.5%-8.7%-11.1%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin27.9%24.4%20.6%23.3%
Operating margin6.2%5.0%4.3%8.2%
Net margin1.9%1.9%2.2%6.1%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings230.1156.7146.7138.7179.514.926.525.641.3
Price to sales4.03.43.41.93.30.62.72.85.8

Dividends and splits

Per share, in the currency the company pays

Paid for 9 years. Last went ex-dividend on 18 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.050.050.0380.0260.0540.0850.1770.126
  • 13-for-10 split · 6 Jun 2024
  • 7-for-5 split · 8 Jul 2020
  • 7-for-5 split · 17 May 2019
  • 7-for-5 split · 14 May 2018

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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