Home002678 • SHE
add
Guangzhou Pearl River Piano Group Co Ltd
Previous close
¥4.84
Day range
¥4.65 - ¥4.90
Year range
¥3.32 - ¥7.32
Market cap
6.35B CNY
Avg Volume
10.83M
P/E ratio
-
Dividend yield
0.04%
Primary exchange
SHE
Market news
Financials
Income Statement
Revenue
Net income
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 162.88M | -39.11% |
Operating expense | 85.03M | 25.69% |
Net income | -64.68M | -244.17% |
Net profit margin | -39.71 | -464.86% |
Earnings per share | — | — |
EBITDA | -32.35M | -6,173.07% |
Effective tax rate | 0.12% | — |
Balance Sheet
Total assets
Total liabilities
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 906.34M | -40.92% |
Total assets | 4.11B | -14.01% |
Total liabilities | 528.82M | -50.16% |
Total equity | 3.58B | — |
Shares outstanding | 1.36B | — |
Price to book | 1.85 | — |
Return on assets | -3.76% | — |
Return on capital | -4.13% | — |
Cash Flow
Net change in cash
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Net income | -64.68M | -244.17% |
Cash from operations | -13.20M | 52.70% |
Cash from investing | 70.55M | 1,407.27% |
Cash from financing | 36.32M | 488.09% |
Net change in cash | 95.12M | 428.63% |
Free cash flow | -145.52M | -18.77% |
About
The Pearl River Piano Group is China's largest piano manufacturer and has the largest piano factory in the world producing more pianos than any other factory. The company was established in 1956 in Guangzhou, Guangdong, China. Pearl River is capable of producing over 100,000 pianos a year, and exports them to more than 80 countries. Today Pearl River pianos are manufactured under a wide range of brands and levels. Each of these series have similar sizes with different scale designs, materials and different sound. The Hallet & Davis line produced by Pearl River is the oldest United States piano name still in production.
Also in January 2016, the company took over 90% of the shares of Wilhelm Schimmel, a German piano manufacturer in Braunschweig. After getting control of the Schimmel's factory in Braunschweig, Pearl River Piano Group Europe GMBH also removed Ritmuller production to this factory.
Operations in Germany remain unchanged and the Schimmel factory is still managed by the Schimmel family. Wikipedia
Founded
1956
Website
Employees
2,861