002569.SHE Zhejiang Busen Garments Co Ltd
- Market cap
- CNY 1.46B
- P/E
- 337.3x
- P/B
- 43.51x
- ROE
- -37.0%
- Dividend yield
- -
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002569.SHE undervalued?
Graham numberThe Graham number of Zhejiang Busen Garments Co Ltd cannot be estimated reliably (the estimate is too far from the market price).
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 Busen Garments Co Ltd fundamental analysis
No fundamental analysis for Zhejiang Busen Garments Co Ltd yet.
Zhejiang Busen Garments Co Ltd stock price
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About Zhejiang Busen Garments Co Ltd
Zhejiang Busen Garments Co., Ltd., together with its subsidiaries, engages in the design, production, and sale of menswear under the Busen Menswear brand in China and internationally. The company offers work protective clothing, accessories, apparel, knitwear, leather products, and electronic products through online, direct, franchise, and group buying sales channels. It also provides processing and agency; technology promotion and application; software and information techn…
Full company profileZhejiang Busen Garments 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 Busen Garments 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 | 370M | 344M | 320M | 359M | 255M | 279M | 155M | 144M | 132M | 140M | 141M |
| Gross Profit | 103M | 82.2M | 69.8M | 125M | 15.1M | 116M | 22.3M | 25.4M | 28.2M | 43.9M | 21.7M |
| Operating Income | 19.8M | -34.0M | -43.9M | -22.1M | -160M | 10.3M | -64.2M | -44.0M | -53.1M | 812K | -15.8M |
| EBITDA | 33.6M | -23.3M | -185M | 51.3M | -148M | 40.3M | -60.0M | -65.6M | -52.7M | 16.5M | -12.2M |
| Net Income | 6.60M | -33.8M | -193M | 44.5M | -153M | 32.6M | -67.4M | -67.0M | -51.4M | 8.67M | -12.7M |
| EPS | 0.05 | -0.24 | -1.38 | 0.32 | -1.09 | 0.23 | -0.47 | -0.48 | -0.38 | 0.06 | -0.09 |
| Balance Sheet | |||||||||||
| Total Assets | 627M | 712M | 659M | 616M | 391M | 383M | 296M | 237M | 189M | 240M | 160M |
| Total Liabilities | 102M | 221M | 356M | 274M | 194M | 132M | 133M | 143M | 156M | 197M | 127M |
| Shareholders' Equity | 525M | 491M | 299M | 339M | 194M | 256M | 159M | 91.9M | 34.5M | 43.9M | 34.4M |
| Cash & Short-term Investments | 269M | 241M | 155M | 91.1M | 48.6M | 68.1M | 44.0M | 42.3M | 5.02M | 76.0M | 29.7M |
| Total Debt | - | 30.4M | 15.1M | 5.00M | 641K | 23.0M | 26.4M | 25.6M | 15.3M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 13.5M | -9.97M | -47.5M | -11.9M | -12.4M | -31.9M | -21.5M | -35.8M | -16.2M | 4.64M | - |
| Capital Expenditure | 2.80M | 6.88M | 2.95M | 6.41M | 2.40M | 3.12M | 506K | 73.8K | 571K | 397K | 13.0M |
| Free Cash Flow | 10.7M | -16.9M | -50.4M | -18.3M | -14.8M | -35.0M | -22.1M | -35.9M | -16.8M | 4.24M | 3.63M |
| Ratios | |||||||||||
| ROE | 1.3% | -6.9% | -64.6% | 13.1% | -79.0% | 12.7% | -42.3% | -72.9% | -149.1% | 19.8% | -37.0% |
| ROA | 1.1% | -4.7% | -29.3% | 7.2% | -39.3% | 8.5% | -22.8% | -28.3% | -27.2% | 3.6% | -7.9% |
| Net Profit Margin | 1.8% | -9.8% | -60.3% | 12.4% | -60.2% | 11.7% | -43.6% | -46.5% | -38.9% | 6.2% | -9.0% |
| Debt to Equity | - | 0.06x | 0.05x | 0.01x | 0.00x | 0.09x | 0.17x | 0.28x | 0.44x | - | - |
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 Busen Garments Co Ltd dividends
- Dividend yield
- -
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- May 22, 2013
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | - | - | - |
| 2024 | - | - | - |
| 2023 | - | - | - |
| 2022 | - | - | - |
| 2021 | - | - | - |
| 2020 | - | - | - |
| 2019 | CNY 8.50K | 0.00 | 0.0% |
| 2018 | - | - | - |
| 2017 | CNY 2.77M | 0.02 | - |
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: 1.3:1 on May 22, 2013.
Who owns Zhejiang Busen Garments Co Ltd
- Insiders 36.14%
- Institutions 2.84%
- Public & others 61.03%
- Shares outstanding 144M
- Free float 95.3M
Zhejiang Busen Garments Co Ltd company profile
- Company name
- Zhejiang Busen Garments Co Ltd
- Ticker
- 002569.SHE
- ISIN
- CNE1000011X9
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Apr 12, 2011
- Sector
- Consumer Cyclical
- Industry
- Textiles, Apparel & Luxury Goods
- Employees
- 330
- Fiscal year end
- December
- Address
- Building 3-1, Building B1, Jinsha Center, Hangzhou, China, 310000
- Phone
- 86 57 5870 46933
- Website
- busen.cn
About Zhejiang Busen Garments Co Ltd
Zhejiang Busen Garments Co., Ltd., together with its subsidiaries, engages in the design, production, and sale of menswear under the Busen Menswear brand in China and internationally. The company offers work protective clothing, accessories, apparel, knitwear, leather products, and electronic products through online, direct, franchise, and group buying sales channels. It also provides processing and agency; technology promotion and application; software and information technology; and business services. The company exports its products. Zhejiang Busen Garments Co., Ltd. was founded in 2005 and is headquartered in Hangzhou, China.
Zhejiang Busen Garments Co Ltd management
2- Ms. Zhang MinCFO, Deputy GM, Board Secretary & Non-Independent Director · born 1983
- Yan Fei YuAccounting Supervisor