Hangzhou Jiebai Group Co Ltd

Hangzhou Jiebai Group maintains a conservative capital structure with a debt-to-equity ratio of 0.37 and a current ratio of 2.13, indicating adequate short-term liquidity coverage. The company holds total assets of 8.52 billion CNY against total liabilities of 4.78 billion CNY, resulting in total equity of 3.74 billion CNY. Long-term debt stands at 1.37 billion CNY. Despite the healthy current ratio, 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.

Profitability metrics show a return on equity (ROE) of 6.01% and a return on assets (ROA) of 2.64%. The company generated a net income of 224.47 million CNY on revenues of 1.70 billion CNY, yielding a net margin of approximately 13.2%. Operating income was 513.10 million CNY, reflecting an operating margin of roughly 30.2%. Gross profit was 1.19 billion CNY, indicating a gross margin of approximately 70.2%. These returns are modest, with ROE below the typical threshold for high-growth consumer discretionary firms, though the stable margins suggest consistent operational efficiency.

Revenue concentration and segment details are not explicitly provided in the available data, limiting the analysis of geographic or product-specific exposure. The company’s activity is broadly classified as Broadline Retail, implying a diversified customer base typical of the sector. Without specific segment breakdowns, the revenue mix is assumed to be aligned with general retail operations, subject to standard consumer spending cycles.

Growth trajectory analysis is constrained by the absence of historical period data in the input. The latest normalized period shows revenue of 1.70 billion CNY and net income of 224.47 million CNY. Without prior year comparisons, year-over-year growth rates cannot be calculated. The company’s valuation multiples, including a P/E of 20.43 and EV/EBITDA of 11.60, suggest the market prices in moderate growth expectations relative to peers, though the low classification confidence introduces uncertainty into peer comparisons.

Risk factors include medium liquidity risk and low dilution risk. The key flag indicates negative net cash after debt subtraction, which could constrain financial flexibility during downturns. The dilution risk is assessed as low, with basic and diluted shares outstanding identical at 735.08 million, indicating no significant options or convertible securities impacting share count. The company’s reliance on operating cash flow, which stands at 752.18 million CNY, is critical for maintaining liquidity given the negative net cash position.

Recent events and observations are not detailed in the available data. The financial snapshot reflects the latest normalized period, with no specific filing, news, or transcript observations provided. The company’s market price is 6.24 CNY, with a market cap of 4.59 billion CNY. The valuation snapshot suggests a price-to-book ratio of 1.23, indicating the market values the company slightly above its book value, consistent with stable retail operations.