Hangzhou Star Shuaier Electric Appliance Co Ltd

Hangzhou Star Shuaier Electric Appliance Co Ltd has a current liquidity position that is medium, with a current ratio of 2.44, indicating the company can cover its short-term liabilities with its short-term assets. However, the company's operating cash flow is negative at -47,695,670 CNY, and capital expenditures are also negative at -41,174,850 CNY, suggesting ongoing investment in long-term assets. The company's debt-to-equity ratio is 0.21, which is relatively low, indicating a conservative capital structure.

In terms of profitability, the company's return on equity (ROE) is 2.24%, and return on assets (ROA) is 1.23%. These figures are below the industry median for renewable energy equipment and services, suggesting that the company is not generating returns as efficiently as its peers. The gross profit margin is 14.83%, and the operating margin is 7.21%, which are both below the industry median, indicating that the company is facing cost pressures or pricing challenges.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases the company's exposure to regional economic fluctuations and regulatory changes. The company's total revenue for the latest period is 578,669,250 CNY, with a gross profit of 85,822,860 CNY and an operating income of 41,736,360 CNY.

The company's growth trajectory is mixed. The latest actual revenue of 2,154,676,000 CNY is significantly higher than the previously reported 578,669,250 CNY, suggesting a possible reporting discrepancy or a change in reporting periods. The company's net income is 39,505,560 CNY, with a net margin of 6.83%, which is below the industry median. The company's risk assessment indicates a medium liquidity risk and a low dilution risk, with no significant dilution potential in the near term.

Recent events include the company's latest actual EPS of 0.57 CNY and revenue of 2,154,676,000 CNY, as reported by analysts. The company's financial statements show a negative net cash position after subtracting total debt, which could impact its ability to fund operations and investments without external financing.

Hangzhou Star Shuaier Electric Appliance Co Ltd (002860.SZ) has been newly classified under the "Renewable Energy" activity and "Energy" economic sector, marking a significant shift in its operational taxonomy. This reclassification, identified as a medium-severity change, suggests a strategic pivot or expanded focus toward energy-related operations, distinguishing the company from its traditional appliance manufacturing profile. Concurrently, the company’s risk assessment profile has been updated with new metrics. Dilution risk is now rated as "low," indicating a stable capital structure with minimal threat of share value erosion from new issuances. This assessment provides a baseline for investors evaluating the equity stability of the firm. In contrast, liquidity risk has been assigned a "medium" rating. This designation highlights potential constraints in the company’s ability to meet short-term obligations or trade volume expectations, serving as a cautionary signal for traders and investors monitoring cash flow dynamics and market depth. These updates occur against a backdrop of limited external coverage, as the company currently reports zero analyst counts, index memberships, and top holder records. The absence of these traditional market indicators places greater emphasis on the newly established risk and taxonomy metrics for understanding the company’s current financial and operational standing.

Free cash flow surged 98.3% year-over-year to CNY 179.9 million, demonstrating significantly improved cash generation capabilities.

Net income grew 38.9% year-over-year, outpacing the 3.7% revenue growth and indicating strong operational leverage.

Debt-to-equity ratio of 0.21 is lower than the cohort median of 0.36, suggesting a conservative capital structure.

The company faces high credit risk, posing a significant threat to financial stability and potential default probabilities.

Cash conversion ratio of -1.21 falls in the bottom quartile of the cohort, indicating poor cash generation efficiency.

Medium liquidity risk flags potential difficulties in meeting short-term financial obligations without significant asset liquidation.

Return on assets of 1.23% indicates inefficient utilization of total assets to generate net income.

Revenue ¥2.15B, +3,7% YoY; Operating income +50,4% YoY.

• ▍Revenue ¥2.15B, +3,7% YoY
• ▍Operating income +50,4% YoY
• ▍Net income +38,9% YoY
• ▍Free cash flow +98,3% YoY
• ▍Net margin 9.3%

Revenue ¥2.08B, −27,8% YoY; Operating income −34,4% YoY.

• ▍Revenue ¥2.08B, −27,8% YoY
• ▍Operating income −34,4% YoY
• ▍Net income −29,0% YoY
• ▍Free cash flow +22,7% YoY
• ▍Net margin 6.9%

Revenue ¥2.88B, +47,7% YoY; Operating income +83,6% YoY.

• ▍Revenue ¥2.88B, +47,7% YoY
• ▍Operating income +83,6% YoY
• ▍Net income +70,0% YoY
• ▍Free cash flow +597,3% YoY
• ▍Net margin 7.0%

Revenue ¥1.95B, +42,4% YoY; Operating income −19,6% YoY.

• ▍Revenue ¥1.95B, +42,4% YoY
• ▍Operating income −19,6% YoY
• ▍Net income −17,2% YoY
• ▍Free cash flow −60,2% YoY
• ▍Net margin 6.1%

Revenue ¥1.37B; Operating income ¥162.4M.

• ▍Revenue ¥1.37B
• ▍Operating income ¥162.4M
• ▍Net margin 10.5%