Hailun Piano Co.,Ltd. (SHE:300329)

China · Delayed Price · Currency is CNY

10.88

-0.40 (-3.55%)

Oct 29, 2026, 3:04 PM CST

Hailun Piano Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Revenue	113.02	122.82	159.22	297.46	379.2	521.83
Revenue Growth	-11.35%	-22.86%	-46.48%	-21.55%	-27.33%	9.72%
Gross Profit	9.35	5.93	14.49	67.63	97.12	134.64
Operating Income	-84.03	-79.81	-71.53	-32.41	5.24	25.98
Net Income	-125.75	-89.78	-97.92	-78.85	8.32	-79.61
Earnings Per Share	-0.50	-0.36	-0.39	-0.31	0.03	-0.31
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
China	77.36	119.15	242.8	314.05	457.22
Foreign	45.46	40.07	54.65	65.15	64.62
Total	122.82	159.22	297.46	379.2	521.83

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Investments	41.91	20.46	39.68	63.47	95.06	121.98
Total Debt	369.6	324.42	310.55	260.1	300.95	259.1
Net Cash (Debt)	-327.69	-303.96	-270.87	-196.63	-205.89	-137.12
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.31	-1.22	-1.08	-0.77	-0.74	-0.53

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Cash Flow	-182.66	-44.59	-75.58	22.21	-75.83	-23.75
Capital Expenditures	-12.07	-3.79	-13.1	-35.13	-30.31	-135.12
Free Cash Flow	-194.73	-48.37	-88.68	-12.92	-106.15	-158.87
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Gross Margin	8.27%	4.83%	9.10%	22.74%	25.61%	25.80%
Operating Margin	-74.36%	-64.98%	-44.93%	-10.90%	1.38%	4.98%
Pretax Margin	-115.73%	-82.38%	-71.02%	-27.63%	1.54%	-15.33%
Profit Margin	-111.26%	-73.10%	-61.50%	-26.51%	2.20%	-15.26%
FCF Margin	-172.30%	-39.38%	-55.70%	-4.34%	-27.99%	-30.45%

Dividends

Fiscal Year	FY 2024
Period Ending	Dec '24 Dec 31, 2024
Dividend Per Share	0.032
Dividend Per Share Growth	-
Dividend Yield	0.62%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 29, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
PE Ratio	-	-	-	-	209.31	-
Forward PE	-	28.14	28.14	28.14	28.14	28.14
PS Ratio	25.24	33.34	8.16	6.33	4.60	4.71