002860.SHE Hangzhou Star Shuaier Electric Appliance Co Ltd
- Market cap
- CNY 4.89B
- P/E
- 31.6x
- P/B
- 2.17x
- ROE
- 7.5%
- Dividend yield
- 0.79%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002860.SHE undervalued?
Graham number002860.SHE trades 74.3% above its Graham number.
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?
Hangzhou Star Shuaier Electric Appliance Co Ltd fundamental analysis
No fundamental analysis for Hangzhou Star Shuaier Electric Appliance Co Ltd yet.
Hangzhou Star Shuaier Electric Appliance Co Ltd stock price
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About Hangzhou Star Shuaier Electric Appliance Co Ltd
Hangzhou Star Shuaier Electric Appliance Co., Ltd. engages in the research and development, production, and sale of thermal protectors, starters, sealing terminals in China and internationally. The company offers products for refrigeration compressors, household appliances, small, medium and micro motor products, and solar photovoltaic modules. Hangzhou Star Shuaier Electric Appliance Co., Ltd. was founded in 2002 and is based in Hangzhou, China.
Full company profileHangzhou Star Shuaier Electric Appliance 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.
Hangzhou Star Shuaier Electric Appliance 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 | 294M | 355M | 409M | 708M | 927M | 1.37B | 1.95B | 2.88B | 2.08B | 2.15B | 2.10B |
| Gross Profit | 122M | 148M | 161M | 220M | 242M | 293M | 289M | 411M | 330M | 381M | 365M |
| Operating Income | 81.0M | 102M | 114M | 227M | 126M | 163M | 131M | 240M | 158M | 252M | 226M |
| EBITDA | 98.2M | 118M | 131M | 255M | 178M | 222M | 179M | 306M | 254M | 303M | 215M |
| Net Income | 73.7M | 89.4M | 95.4M | 131M | 108M | 144M | 119M | 202M | 144M | 200M | 178M |
| EPS | 0.34 | 0.33 | 0.35 | 0.48 | 0.39 | 0.50 | 0.40 | 0.66 | 0.47 | 0.55 | 0.51 |
| Balance Sheet | |||||||||||
| Total Assets | 421M | 812M | 896M | 1.37B | 1.66B | 1.90B | 2.49B | 3.39B | 3.54B | 3.66B | 3.87B |
| Total Liabilities | 85.0M | 148M | 155M | 258M | 617M | 654M | 1.07B | 1.67B | 1.67B | 1.36B | 1.48B |
| Shareholders' Equity | 336M | 636M | 710M | 839M | 1.03B | 1.22B | 1.38B | 1.69B | 1.82B | 2.29B | 2.39B |
| Cash & Short-term Investments | 52.3M | 214M | 256M | 368M | 471M | 452M | 537M | 1.11B | 1.26B | 710M | 911M |
| Total Debt | 10.0M | 20.0M | - | - | 221M | 202M | 7.00M | 361M | 681M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 71.5M | 78.2M | 93.4M | 189M | 95.5M | 142M | 148M | 401M | 31.6M | 86.7M | - |
| Capital Expenditure | 8.98M | 11.4M | 32.4M | 103M | 61.8M | 131M | 122M | 160M | 81.5M | 38.3M | 45.3M |
| Free Cash Flow | 62.5M | 66.7M | 61.0M | 86.0M | 33.7M | 10.6M | 26.1M | 241M | -49.9M | 48.4M | 153M |
| Ratios | |||||||||||
| ROE | 21.9% | 14.1% | 13.4% | 15.7% | 10.4% | 11.8% | 8.7% | 12.0% | 7.9% | 8.7% | 7.5% |
| ROA | 17.5% | 11.0% | 10.6% | 9.6% | 6.5% | 7.6% | 4.8% | 6.0% | 4.1% | 5.5% | 4.6% |
| Net Profit Margin | 25.0% | 25.2% | 23.3% | 18.6% | 11.6% | 10.5% | 6.1% | 7.0% | 6.9% | 9.3% | 8.5% |
| Debt to Equity | 0.03x | 0.03x | - | - | 0.21x | 0.17x | 0.01x | 0.21x | 0.37x | - | - |
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.
Hangzhou Star Shuaier Electric Appliance Co Ltd dividends
- Dividend yield
- 0.79%
- Forward dividend
- 0.10 CNY
- Payout ratio
- 19.3%
- Ex-dividend date
- May 14, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 38.6M | 0.11 | 19.3% |
| 2024 | CNY 32.1M | 0.11 | 22.4% |
| 2023 | CNY 30.7M | 0.10 | 15.1% |
| 2022 | CNY 32.8M | 0.11 | 27.5% |
| 2021 | CNY 31.4M | 0.11 | 21.8% |
| 2020 | CNY 24.6M | 0.09 | 22.8% |
| 2019 | CNY 17.5M | 0.06 | 13.3% |
| 2018 | CNY 22.8M | 0.08 | 23.9% |
| 2017 | CNY 18.5M | 0.07 | 20.7% |
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: 1.4:1 on Jun 21, 2022.
Who owns Hangzhou Star Shuaier Electric Appliance Co Ltd
- Insiders 45.33%
- Institutions 4.65%
- Public & others 50.02%
- Shares outstanding 352M
- Free float 195M
Hangzhou Star Shuaier Electric Appliance Co Ltd company profile
- Company name
- Hangzhou Star Shuaier Electric Appliance Co Ltd
- Ticker
- 002860.SHE
- ISIN
- CNE100002JL9
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 1,412
- Fiscal year end
- December
- Address
- No. 99 Jiaojieling, Hangzhou Buildings 2, 3, 4, and 5, Hangzhou, China, 311422
- Phone
- 86 571 6341 3898
- Website
- hzstarshuaier.com
About Hangzhou Star Shuaier Electric Appliance Co Ltd
Hangzhou Star Shuaier Electric Appliance Co., Ltd. engages in the research and development, production, and sale of thermal protectors, starters, sealing terminals in China and internationally. The company offers products for refrigeration compressors, household appliances, small, medium and micro motor products, and solar photovoltaic modules. Hangzhou Star Shuaier Electric Appliance Co., Ltd. was founded in 2002 and is based in Hangzhou, China.
Hangzhou Star Shuaier Electric Appliance Co Ltd management
4- Mr. Yong ZhangGM & Director · born 1975
- Mr. Linfeng GaoDeputy GM, CFO & Accounting Supervisor · born 1978
- Mr. Qunfeng LuDeputy GM & Board Secretary · born 1977
- Mr. You LuDeputy General Manager · born 1987