002403.SHE Zhejiang Aishida Electric Co Ltd
- Market cap
- CNY 3.53B
- P/E
- -
- P/B
- 2.82x
- ROE
- -15.3%
- Dividend yield
- 1.82%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002403.SHE undervalued?
Graham numberThe Graham number of Zhejiang Aishida Electric Co Ltd cannot be estimated reliably (it needs positive earnings and book value).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Zhejiang Aishida Electric Co Ltd fundamental analysis
No fundamental analysis for Zhejiang Aishida Electric Co Ltd yet.
Zhejiang Aishida Electric Co Ltd stock price
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About Zhejiang Aishida Electric Co Ltd
Aishida Co., Ltd engages in the research, development, manufacture, and sale of cookware and kitchen electric appliances worldwide. It offers cooking utensils, including woks, frying pans, soup and milk pots, pressure cookers, and steamers; small appliances comprising rice cookers, induction cookers, electric pressure cookers, electric kettles, blenders, etc.; and household items, such as kettles, thermos flasks, cups, kitchen tools, etc. The company also provides four-axis …
Full company profileZhejiang Aishida Electric Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Zhejiang Aishida Electric Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 2.55B | 3.07B | 3.26B | 3.54B | 2.89B | 3.51B | 2.94B | 2.46B | 2.93B | 2.68B | 2.77B |
| Gross Profit | 1.01B | 1.19B | 1.19B | 1.28B | 789M | 849M | 793M | 623M | 841M | 796M | 834M |
| Operating Income | 157M | 181M | 151M | 126M | 129M | -110M | -93.8M | -372M | 7.52M | -124M | -122M |
| EBITDA | 237M | 291M | 278M | 283M | 293M | 108M | 123M | -137M | 228M | 53.5M | -127M |
| Net Income | 137M | 173M | 149M | 129M | 103M | -88.5M | -78.7M | -378M | 15.1M | -217M | -190M |
| EPS | 0.41 | 0.49 | 0.42 | 0.37 | 0.30 | -0.26 | -0.23 | -1.11 | 0.04 | -0.64 | -0.56 |
| Balance Sheet | |||||||||||
| Total Assets | 3.46B | 4.34B | 4.66B | 5.22B | 5.51B | 5.88B | 5.20B | 4.71B | 4.79B | 4.58B | 4.49B |
| Total Liabilities | 1.32B | 2.09B | 2.42B | 3.05B | 3.24B | 3.70B | 3.15B | 3.06B | 3.16B | 3.19B | 3.25B |
| Shareholders' Equity | 2.11B | 2.21B | 2.22B | 2.15B | 2.25B | 2.17B | 2.06B | 1.67B | 1.66B | 1.40B | 1.24B |
| Cash & Short-term Investments | 408M | 529M | 542M | 438M | 703M | 607M | 428M | 264M | 368M | 386M | 272M |
| Total Debt | 350M | 981M | 1.11B | 1.40B | 1.55B | 1.64B | 1.71B | 1.41B | 1.39B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 315M | 107M | 141M | 25.5M | 46.4M | 235M | -38.5M | 111M | 178M | 136M | - |
| Capital Expenditure | 155M | 187M | 226M | 361M | 236M | 233M | 177M | 90.0M | 97.3M | 67.0M | 83.2M |
| Free Cash Flow | 159M | -80.2M | -85.5M | -335M | -189M | 2.76M | -216M | 21.4M | 80.6M | 69.1M | -162M |
| Ratios | |||||||||||
| ROE | 6.5% | 7.8% | 6.7% | 6.0% | 4.6% | -4.1% | -3.8% | -22.6% | 0.9% | -15.5% | -15.3% |
| ROA | 4.0% | 4.0% | 3.2% | 2.5% | 1.9% | -1.5% | -1.5% | -8.0% | 0.3% | -4.7% | -4.2% |
| Net Profit Margin | 5.4% | 5.6% | 4.6% | 3.6% | 3.5% | -2.5% | -2.7% | -15.4% | 0.5% | -8.1% | -6.9% |
| Debt to Equity | 0.17x | 0.44x | 0.50x | 0.65x | 0.69x | 0.76x | 0.83x | 0.84x | 0.84x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Zhejiang Aishida Electric Co Ltd dividends
- Dividend yield
- 1.82%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Jun 5, 2025
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 64.1M | 0.19 | - |
| 2024 | CNY 60.4M | 0.16 | 400.9% |
| 2023 | CNY 63.4M | 0.19 | - |
| 2022 | CNY 60.7M | 0.18 | - |
| 2021 | CNY 96.1M | 0.28 | - |
| 2020 | CNY 62.4M | 0.18 | 60.7% |
| 2019 | CNY 105M | 0.30 | 81.4% |
| 2018 | CNY 104M | 0.29 | 69.7% |
| 2017 | CNY 97.1M | 0.28 | 56.2% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 13:10 on Oct 13, 2015.
Who owns Zhejiang Aishida Electric Co Ltd
- Insiders 60.03%
- Institutions 0.04%
- Public & others 39.94%
- Shares outstanding 341M
- Free float 137M
Zhejiang Aishida Electric Co Ltd company profile
- Company name
- Zhejiang Aishida Electric Co Ltd
- Ticker
- 002403.SHE
- ISIN
- CNE100000P36
- Exchange
- Shenzhen Stock Exchange
- Sector
- Consumer Cyclical
- Industry
- Household Durables
- Employees
- 3,746
- Fiscal year end
- December
- Address
- Wenling Economic Development Zone, Wenling, China, 317500
- Phone
- 86 576 8619 9888
- Website
- chinaasd.com
About Zhejiang Aishida Electric Co Ltd
Aishida Co., Ltd engages in the research, development, manufacture, and sale of cookware and kitchen electric appliances worldwide. It offers cooking utensils, including woks, frying pans, soup and milk pots, pressure cookers, and steamers; small appliances comprising rice cookers, induction cookers, electric pressure cookers, electric kettles, blenders, etc.; and household items, such as kettles, thermos flasks, cups, kitchen tools, etc. The company also provides four-axis handling robots, six-axis multi-joint robots, and delta robots for welding, cutting, spraying, deburring, grinding and polishing, sorting, assembly, loading and unloading, and palletizing applications. In addition, it offers intelligent manufacturing solutions. The company was formerly known as Zhejiang Aishida Electric Co., Ltd and changed its name to Aishida Co., Ltd. in November 2019. Aishida Co., Ltd. was founded in 1978 and is headquartered in Wenling, the People's Republic of China.
Zhejiang Aishida Electric Co Ltd management
6- Mr. Helin ChenChairman & GM · born 1956
- Ms. Ling Qiao ChenDeputy GM, Acting Secretary & Director · born 1983
- Mr. Linghua ChenDeputy General Manager · born 1977
- Mr. Wenjun ChenDeputy General Manager · born 1980
- Mr. Lian Fang LinHead of Accounting Department & Accounting Supervisor · born 1974
- Ms. Yuchen ZhuBoard Secretary