Guangdong Piano Customized Furniture Co Ltd

Chart & Performance

D1W1MN

P/E

27.88

P/S

1.82

EPS

0.48

Div Yield, %

1.50%

Shrs. gr., 5y

3.67%

Rev. gr., 5y

3.46%

Revenues

1.32b

-9.35%

Net income

86m

-44.03%

CFO

197m

+13.33%

Dividend

Jul 09, 20240.2 CNY/sh

Profile

Guangdong Piano Customized Furniture Co., Ltd., engages in the research and development, design, production, and sale of mid-to-high-end cabinets, wardrobes, doors, and walls in China. The company's products include integral cabinets include custom cabinets, kitchen appliances, bathroom cabinets, balcony cabinets, and other products; whole house customization includes custom wardrobes, bookcases, wine cabinets, and other products; and door walls include wooden doors, wall panels, and other products. It also offers installation and after-sales services for related custom home products. The company offers its products through stores and dealers. The company was formerly known as Zhongshan Xinshanchuan Industrial Co., Ltd. Guangdong Piano Customized Furniture Co., Ltd. was founded in 2005 and is headquartered in Zhongshan, China.

URL

http://www.pianor.com/

IPO date

Mar 10, 2017

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	1,315,980 -9.35%	1,451,655 -20.40%
Cost of revenue	1,143,542	1,235,572
Unusual Expense (Income)
NOPBT	172,438	216,083
NOPBT Margin	13.10%	14.89%
Operating Taxes	5,641	18,778
Tax Rate	3.27%	8.69%
NOPAT	166,796	197,305
Net income	85,979 -44.03%	153,608
Dividends
Dividend yield
Proceeds from repurchase of equity
BB yield
Debt
Debt current	49,500	40,945
Long-term debt	1,622	132,020
Deferred revenue	50,564	51,790
Other long-term liabilities
Net debt	(525,543)	(539,230)
Cash flow
Cash from operating activities	197,183	173,990
CAPEX	(140,832)
Cash from investing activities	(97,238)
Cash from financing activities	(92,517)	(120,641)
FCF	192,382	88,066
Balance
Cash	617,566	712,194
Long term investments	(40,901)
Excess cash	510,867	639,611
Stockholders' equity	331,891	266,035
Invested Capital	1,115,341	1,203,938
ROIC	14.38%	16.82%
ROCE	11.85%	14.65%
EV
Common stock shares outstanding	186,911	182,916
Price	12.89 -33.83%	19.48 12.41%
Market cap	2,409,278 -32.38%	3,563,203 10.31%
EV	1,879,361	3,023,973
EBITDA	242,699	269,931
EV/EBITDA	7.74	11.20
Interest	7,315	10,879
Interest/NOPBT	4.24%	5.03%