Zhejiang Supor Co Ltd

Zhejiang Supor maintains a conservative capital structure with a debt-to-equity ratio of 0.03, indicating minimal leverage relative to its equity base of 6.28 billion CNY. The company holds 200.67 million CNY in long-term debt against total liabilities of 7.13 billion CNY, resulting in a current ratio of 1.59 that suggests adequate short-term liquidity coverage. However, the risk assessment flags medium liquidity risk and notes that net cash is negative after subtracting total debt, a condition supported by the financial snapshot showing zero cash and equivalents and a negative free cash flow of -134.98 million CNY. Operating cash flow remains robust at 2.65 billion CNY, but capital expenditures of 200.57 million CNY exceed free cash flow generation, creating a temporary cash drain.

Profitability metrics demonstrate strong operational efficiency, with a return on equity of 33.49% and a return on assets of 15.69%. The company generates a net income of 2.09 billion CNY on revenue of 22.77 billion CNY, yielding a net margin of approximately 9.2%. Operating income stands at 2.59 billion CNY, reflecting healthy operating leverage. The valuation snapshot indicates a price-to-earnings ratio of 16.38 and an EV/EBITDA of 13.30, suggesting the market prices the stock at a moderate premium relative to its earnings power. The price-to-book ratio of 5.49 aligns with the high return on equity, as investors pay a premium for the company's ability to generate substantial returns on shareholder capital.

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 operates within the Household Durables industry, which typically involves significant exposure to consumer discretionary spending cycles. Without specific segment breakdowns, the analysis relies on aggregate financial performance, which shows consistent revenue generation of 22.77 billion CNY in the latest period. The absence of geographic or segment data limits the ability to assess concentration risks or regional growth drivers.

Growth trajectory analysis is constrained by the absence of historical period data in the input. The current revenue base of 22.77 billion CNY provides a large scale for operations, but year-over-year growth rates cannot be calculated from the provided snapshot. The negative free cash flow of -134.98 million CNY may indicate a period of increased investment or working capital requirements, which could impact near-term growth momentum if not offset by operating cash flow improvements.

Risk factors include medium liquidity risk and low dilution risk. The key flag regarding negative net cash highlights a potential vulnerability in cash management, despite the low debt levels. The dilution risk is assessed as low, with basic and diluted shares outstanding both at 799.85 million, indicating no significant options or convertible securities currently impacting share count. The company's reliance on operating cash flow to fund capital expenditures and debt obligations requires monitoring, especially given the zero cash balance.

Recent events and analyst sentiment reflect a cautiously optimistic outlook. The mean analyst price target is 53.66 CNY, representing a potential upside from the current market price of 43.10 CNY. The median price target is 54.00 CNY, with a high target of 61.30 CNY and a low of 45.00 CNY. The mean recommendation of 2.22 suggests a buy rating, with five buy ratings, three hold ratings, and one strong buy rating among analysts. This consensus indicates confidence in the company's future performance despite the current liquidity flags.

Analysts project 8.5% upside to a mean price target of 53.66 CNY.

Net margin of 9.2% is well above the 5.3% cohort median, indicating strong cost control.

Debt-to-equity ratio of 0.03 is significantly lower than the 0.40 cohort median.

Revenue growth slowed to just 1.5% year-over-year, indicating limited top-line expansion.

Operating income fell 5.1% year-over-year to 2.6 billion CNY in the latest period.

The company faces a medium level of liquidity risk according to risk flags.

Revenue ¥5.88B, +1,6% YoY; Operating income +3,0% YoY.

• ▍Revenue ¥5.88B, +1,6% YoY
• ▍Operating income +3,0% YoY
• ▍Net income +1,7% YoY
• ▍Net margin 8.6%

Revenue ¥5.87B, −0,7% YoY; Operating income −6,6% YoY.

• ▍Revenue ¥5.87B, −0,7% YoY
• ▍Operating income −6,6% YoY
• ▍Net income −10,0% YoY
• ▍Net margin 12.4%

Revenue ¥5.42B, −2,3% YoY; Operating income −13,7% YoY.

• ▍Revenue ¥5.42B, −2,3% YoY
• ▍Operating income −13,7% YoY
• ▍Net income −13,4% YoY
• ▍Net margin 7.9%

Revenue ¥5.69B, +1,9% YoY; Operating income −5,8% YoY.

• ▍Revenue ¥5.69B, +1,9% YoY
• ▍Operating income −5,8% YoY
• ▍Net income −5,9% YoY
• ▍Net margin 7.8%

Revenue ¥5.79B; Operating income ¥619.5M.

• ▍Revenue ¥5.79B
• ▍Operating income ¥619.5M
• ▍Net margin 8.6%

Revenue ¥5.91B; Operating income ¥948.3M.

• ▍Revenue ¥5.91B
• ▍Operating income ¥948.3M
• ▍Net margin 13.7%

Revenue ¥5.55B; Operating income ¥614.0M.

• ▍Revenue ¥5.55B
• ▍Operating income ¥614.0M
• ▍Net margin 8.9%

Revenue ¥5.59B; Operating income ¥586.2M.

• ▍Revenue ¥5.59B
• ▍Operating income ¥586.2M
• ▍Net margin 8.4%

Revenue ¥22.77B, +1,5% YoY; Operating income −5,1% YoY.

• ▍Revenue ¥22.77B, +1,5% YoY
• ▍Operating income −5,1% YoY
• ▍Net income −6,6% YoY
• ▍Free cash flow −290,9% YoY
• ▍Net margin 9.2%

Revenue ¥22.43B, +5,3% YoY; Operating income +1,8% YoY.

• ▍Revenue ¥22.43B, +5,3% YoY
• ▍Operating income +1,8% YoY
• ▍Net income +3,0% YoY
• ▍Free cash flow +137,6% YoY
• ▍Net margin 10.0%

Revenue ¥21.30B, +5,6% YoY; Operating income +5,7% YoY.

• ▍Revenue ¥21.30B, +5,6% YoY
• ▍Operating income +5,7% YoY
• ▍Net income +5,4% YoY
• ▍Free cash flow +59,8% YoY
• ▍Net margin 10.2%

Revenue ¥20.17B, −6,5% YoY; Operating income +6,5% YoY.

• ▍Revenue ¥20.17B, −6,5% YoY
• ▍Operating income +6,5% YoY
• ▍Net income +6,4% YoY
• ▍Free cash flow −154,3% YoY
• ▍Net margin 10.3%