Foshan Electrical and Lighting Co Ltd

Foshan Electrical and Lighting Co Ltd maintains a conservative capital structure with a debt-to-equity ratio of 0.17 and a current ratio of 1.56, indicating adequate short-term liquidity coverage. The company holds total assets of 17.17 billion CNY against total liabilities of 10.33 billion CNY, resulting in total equity of 6.83 billion CNY. Long-term debt stands at 1.19 billion CNY. Despite the moderate liquidity profile, the risk assessment flags medium liquidity risk and notes that net cash is negative after subtracting total debt, suggesting reliance on operating cash flows to service obligations. Operating cash flow is 297.15 million CNY, while free cash flow is 77.35 million CNY, constrained by significant capital expenditures of 487.73 million CNY.

Profitability metrics indicate modest returns, with a return on equity (ROE) of 6.25% and a return on assets (ROA) of 2.49%. The company trades at a price-to-earnings (P/E) ratio of 14.36 and a price-to-book (P/B) ratio of 0.9, suggesting the market values the equity at a discount to its book value. The enterprise value-to-EBITDA multiple is 13.18, and the EV-to-revenue ratio is 0.84. Gross profit is 1.47 billion CNY on revenue of 8.80 billion CNY, yielding a gross margin of approximately 16.7%. Operating income is 271.50 million CNY, and net income is 214.85 million CNY, reflecting an operating margin of roughly 3.1% and a net margin of 2.4%.

Revenue concentration and segment details are not explicitly provided in the available data, preventing a detailed analysis of product mix or geographic exposure. The company’s activity is broadly classified under electrical equipment, but specific segment contributions to the 8.80 billion CNY revenue base are absent from the current snapshot.

Growth trajectory analysis is limited by the absence of historical period data in the input. The latest reported revenue is 8.796 billion CNY, with a last actual EPS of 0.14 CNY. Without multi-year historical trends, it is not possible to assess year-over-year revenue growth or earnings momentum from the provided data.

Risk factors include medium liquidity risk and low dilution risk. A key flag indicates that net cash is negative after subtracting total debt, which may constrain financial flexibility. The dilution risk is assessed as low, with basic and diluted shares outstanding both at 1.23 billion, indicating no significant dilutive securities currently impacting the share count.

Recent observations include analyst estimates with a mean, median, high, and low price target of 6.70 CNY, implying a potential upside from the current market price of 4.98 CNY. The last actual revenue reported by analysts matches the financial snapshot at 8.796 billion CNY. No specific filing, news, or transcript observations are provided in the input data.

Net income surged 39.5% year-over-year to CNY 299.6 million, demonstrating strong bottom-line growth momentum.

Operating income nearly doubled with a 99.5% year-over-year increase, highlighting significant operational efficiency improvements.

Free cash flow jumped 78.2% year-over-year, indicating robust cash generation capabilities for the company.

The stock trades at CNY 5.05, offering 32.7% upside to the consensus price target of CNY 6.70.

Debt-to-equity ratio of 0.17 is well below the cohort median of 0.40, suggesting a conservative capital structure.

Revenue declined 0.8% year-over-year to CNY 8.73 billion, signaling stagnation in top-line growth.

The company faces medium liquidity risk and medium credit risk, posing potential financial stability concerns.

Net margin of 4.9% is below the cohort median of 5.3%, suggesting limited pricing power or cost control.

Revenue ¥8.80B, −2,8% YoY; Operating income −53,7% YoY.

• ▍Revenue ¥8.80B, −2,8% YoY
• ▍Operating income −53,7% YoY
• ▍Net income −51,9% YoY
• ▍Free cash flow −84,7% YoY
• ▍Net margin 2.4%

Revenue ¥9.05B, −0,1% YoY; Operating income +46,2% YoY.

• ▍Revenue ¥9.05B, −0,1% YoY
• ▍Operating income +46,2% YoY
• ▍Net income +53,7% YoY
• ▍Free cash flow +28,7% YoY
• ▍Net margin 4.9%

Revenue ¥9.06B, +3,4% YoY; Operating income +5,3% YoY.

• ▍Revenue ¥9.06B, +3,4% YoY
• ▍Operating income +5,3% YoY
• ▍Net income +26,0% YoY
• ▍Free cash flow +198,5% YoY
• ▍Net margin 3.2%

Revenue ¥8.76B, +0,4% YoY; Operating income −29,6% YoY.

• ▍Revenue ¥8.76B, +0,4% YoY
• ▍Operating income −29,6% YoY
• ▍Net income −23,1% YoY
• ▍Free cash flow −4,9% YoY
• ▍Net margin 2.6%