Handelsavisen
prelaunch
Companies ›Consumer Cyclicals ›603709.SS
60
603709.SS — Shanghai Stock Exchange Home Furnishings

603709.Ss

¥47,50
Open in Charts → Attach watcher ⌖
— —
CNY
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
6,0B CNY
P/E
—
EV / Rev
—
Div yield
0,00 %
Op margin
-1,6 %
ROE
-5,6 %
Net margin
-1,7 %
Debt / equity
0,64
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
—
Open
—
Next earnings
—
Ex-dividend
—
TR 1Y
—
About

603709.SS is a home furnishings company that generates revenue primarily through the production and sale of household durable goods.

Business. 603709.SS is a home furnishings company that generates revenue primarily through the production and sale of household durable goods.

Classification92 %
SectorConsumer Cyclicals
Business sectorCyclical Consumer Products
IndustryHome Furnishings
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
-5,6 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 603709.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 603709.SS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    603709.SS is a home furnishings company that generates revenue primarily through the production and sale of household durable goods.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorCyclical Consumer Products
    IndustryHome Furnishings
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a debt-to-equity ratio of 0.64, indicating a moderate reliance on debt financing. Its liquidity position is assessed as medium, with a current ratio of 1.0, suggesting that the company has just enough current assets to cover its current liabilities. The company's price-to-book ratio is 4.26, which is relatively high, indicating that the market is valuing the company's equity at a premium to its book value.

    Profitability metrics show a challenging performance, with a negative return on equity of -5.59% and a negative return on assets of -2.12%. These figures are below the typical expectations for the home furnishings industry, which generally seeks positive returns to justify capital deployment. The company's operating income is negative at -25,858,780 CNY, and its net income is also negative at -28,254,220 CNY, indicating a loss-making position.

    The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no geographic diversification provided in the available data. This lack of diversification may expose the company to higher risks associated with market fluctuations in its primary operating region.

    The company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year. The company's operating cash flow is positive at 97,099,240 CNY, but its free cash flow is negative at -2,872,900 CNY, indicating that the company is not generating enough cash to cover its capital expenditures.

    The company's risk assessment highlights a medium liquidity risk and a low dilution risk. The key flag of net cash being negative after subtracting total debt suggests that the company may face challenges in meeting its long-term obligations. The company's dilution potential is low, and no adjustments have been applied to its valuation metrics.

    Recent events, as disclosed in the company's financial filings, include a negative operating income and net income, which may signal underlying operational challenges. The company's analyst estimate for the last actual EPS is 0.27 CNY, which is a positive figure but does not offset the overall negative financial performance.

    Key takeaways
    • The company is currently operating at a loss, with both operating and net income being negative.
    • The company's liquidity position is moderate, with a current ratio of 1.0.
    • The company's profitability metrics are negative, indicating a need for operational improvements.
    • The company's capital structure shows a moderate reliance on debt, with a debt-to-equity ratio of 0.64.
    • The company's valuation is at a premium to its book value, as indicated by a price-to-book ratio of 4.26.
    • The company's free cash flow is negative, suggesting that it is not generating enough cash to cover its capital expenditures.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥47,50
    Market cap
    ¥2.16B
    Enterprise valueⓘ
    ¥2.48B
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    25.6x
    P / Bⓘ
    4.3x
    P / Tangible bookⓘ
    4.3x
    Tangible book
    ¥505.8M
    Net cashⓘ
    -¥325.1M
    Current ratioⓘ
    1.0
    Debt / equityⓘ
    0.6
    ROAⓘ
    -2.1%
    ROEⓘ
    -5.6%
    Cash conversionⓘ
    -344.0%
    CapEx / revenueⓘ
    -2.3%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin-1,6 %Bottom quartile
    Net Margin-1,7 %Below median
    ROE-5,6 %Bottom quartile
    Capex / Rev-2,3 %Above median
    D/E0,64Below median
    Cash Conv-3,44Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • 603709.SS Market data — financials · 2026-05-27
    • Zoy Home Furnishing Co Ltd Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    603709.SSCanonical
    Shanghai Stock Exchange · CNY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage