Guangzhou Pearl River Piano Group Co.,Ltd (SHE:002678)
China flag China · Delayed Price · Currency is CNY
4.870
+0.050 (1.04%)
Aug 26, 2026, 3:04 PM CST

SHE:002678 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Revenue
594.32569.66677.171,1281,6602,020
Revenue Growth
7.32%-15.88%-39.97%-32.05%-17.82%15.31%
Gross Profit
-45.49-70.9128.21210.42397.4505.66
Operating Income
-317.19-361.59-263.35-97.3890.72189.42
Net Income
-362.27-373.97-235.625.88123.3186.07
Earnings Per Share
-0.27-0.28-0.170.000.090.14
EPS Growth
----95.56%-34.30%5.37%

Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Jan '23 Dec '21
Musical Instrument Sales and After-Sales Service
457.95603.541,0271,5761,924
Cultural Service
95.8957.4835.1355.1658.98
Unallocated Other Business
15.8316.1566.3229.0637.69
Total
569.66677.171,1281,6602,020

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Cash & Investments
620.81777.38941.31,4752,1022,042
Total Debt
309.99314.39237.64349.09577.84433.11
Net Cash (Debt)
310.82462.99703.661,1261,5241,609
Net Cash Growth
-43.41%-34.20%-37.51%-26.12%-5.27%7.98%
Net Cash Per Share
0.230.350.510.771.111.18

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Operating Cash Flow
-122.43-134.91-217.05-315.8894.91311.06
Capital Expenditures
-109.43-125.76-213.84-56.49-123.39-76.17
Free Cash Flow
-231.85-260.67-430.89-372.38-28.48234.9
Free Cash Flow Growth
------45.83%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Gross Margin
-7.65%-12.45%4.17%18.65%23.94%25.03%
Operating Margin
-53.37%-63.47%-38.89%-8.63%5.46%9.38%
Pretax Margin
-58.47%-62.41%-40.73%0.48%8.16%10.99%
Profit Margin
-60.96%-65.65%-34.80%0.52%7.43%9.21%
FCF Margin
-39.01%-45.76%-63.63%-33.01%-1.72%11.63%

Dividends

Fiscal YearFY 2023FY 2022FY 2021
Period EndingDec '23 Jan '23 Dec '21
Dividend Per Share
0.0020.0280.043
Dividend Per Share Growth
-92.86%-34.88%16.22%
Dividend Yield
0.03%0.47%0.60%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
PE Ratio
---1336.2466.0252.56
Forward PE
-46.7546.7546.7546.7546.75
P/FCF Ratio
-----41.64
PS Ratio
11.0212.718.986.964.904.84