003011.SHE Zhejiang Walrus New Material Co Ltd
- Market cap
- CNY 1.69B
- P/E
- 17.9x
- P/B
- 1.18x
- ROE
- 7.8%
- Dividend yield
- 3.99%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 003011.SHE undervalued?
Graham number003011.SHE trades 3.1% below 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?
Zhejiang Walrus New Material Co Ltd fundamental analysis
No fundamental analysis for Zhejiang Walrus New Material Co Ltd yet.
Zhejiang Walrus New Material Co Ltd stock price
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About Zhejiang Walrus New Material Co Ltd
Zhejiang Walrus New Material Co., Ltd. engages in the research and development, production, and sale of PVC flooring products in China and internationally. The company offers luxury vinyl tiles, wood plastic composite, and stone plastic composite flooring products to be used in shopping malls, hotels, hospitals, office buildings, stadiums, and residential places. It is also involved in wholesale and retail trade. The company was founded in 2013 and is based in Haining, China.
Full company profileZhejiang Walrus New Material 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 Walrus New Material 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 | 208M | 389M | 784M | 859M | 1.22B | 1.80B | 1.89B | 1.60B | 1.37B | 1.21B | 1.12B |
| Gross Profit | 63.9M | 114M | 224M | 281M | 357M | 297M | 414M | 272M | 370M | 353M | 321M |
| Operating Income | 19.9M | 4.47M | 103M | 151M | 202M | 99.1M | 225M | 55.6M | 67.3M | 182M | 167M |
| EBITDA | 31.2M | 19.6M | 130M | 200M | 258M | 171M | 311M | 160M | 183M | 216M | 124M |
| Net Income | 18.8M | 731K | 89.6M | 138M | 188M | 97.0M | 212M | 45.6M | 50.1M | 99.5M | 112M |
| EPS | 0.45 | 0.01 | 1.27 | 1.79 | 2.26 | 0.94 | 2.07 | 0.45 | 0.49 | 0.97 | 1.09 |
| Balance Sheet | |||||||||||
| Total Assets | 188M | 275M | 662M | 936M | 1.74B | 2.27B | 2.48B | 2.34B | 2.13B | 2.11B | 1.83B |
| Total Liabilities | 147M | 180M | 372M | 518M | 532M | 1.00B | 1.03B | 920M | 716M | 696M | 387M |
| Shareholders' Equity | 41.0M | 94.9M | 290M | 418M | 1.21B | 1.27B | 1.46B | 1.42B | 1.42B | 1.41B | 1.44B |
| Cash & Short-term Investments | 14.4M | 10.3M | 39.4M | 78.0M | 415M | 328M | 373M | 235M | 322M | 229M | 140M |
| Total Debt | 82.0M | 71.3M | 183M | 230M | 224M | 671M | 687M | 551M | 488M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | -13.0M | 31.6M | 15.2M | 184M | 190M | -109M | 349M | 218M | 376M | 257M | - |
| Capital Expenditure | 25.5M | 33.9M | 171M | 238M | 231M | 443M | 269M | 184M | 127M | 86.6M | 21.5M |
| Free Cash Flow | -38.6M | -2.30M | -156M | -54.6M | -41.2M | -552M | 80.8M | 34.4M | 249M | 171M | 243M |
| Ratios | |||||||||||
| ROE | 46.0% | 0.8% | 30.9% | 33.1% | 15.6% | 7.6% | 14.5% | 3.2% | 3.5% | 7.1% | 7.8% |
| ROA | 10.0% | 0.3% | 13.5% | 14.8% | 10.8% | 4.3% | 8.5% | 2.0% | 2.3% | 4.7% | 6.1% |
| Net Profit Margin | 9.0% | 0.2% | 11.4% | 16.1% | 15.4% | 5.4% | 11.2% | 2.9% | 3.7% | 8.2% | 10.0% |
| Debt to Equity | 2.00x | 0.75x | 0.63x | 0.55x | 0.19x | 0.53x | 0.47x | 0.39x | 0.34x | - | - |
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 Walrus New Material Co Ltd dividends
- Dividend yield
- 3.99%
- Forward dividend
- 0.60 CNY
- Payout ratio
- 67.7%
- Ex-dividend date
- Jul 1, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 67.3M | 0.66 | 67.7% |
| 2024 | CNY 70.1M | 0.69 | 140.0% |
| 2023 | CNY 72.4M | 0.71 | 158.5% |
| 2022 | CNY 30.8M | 0.30 | 14.5% |
| 2021 | CNY 22.0M | 0.21 | 22.7% |
| 2020 | CNY 8.80M | 0.11 | 4.7% |
| 2019 | CNY 19.0M | 0.25 | 13.7% |
| 2018 | CNY 5.88M | 0.08 | 6.6% |
| 2017 | CNY 5.28M | 0.10 | 722.6% |
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 May 28, 2021.
Who owns Zhejiang Walrus New Material Co Ltd
- Insiders 47.64%
- Institutions 3.30%
- Public & others 49.06%
- Shares outstanding 103M
- Free float 56.8M
Zhejiang Walrus New Material Co Ltd company profile
- Company name
- Zhejiang Walrus New Material Co Ltd
- Ticker
- 003011.SHE
- ISIN
- CNE1000046Y3
- Exchange
- Shenzhen Stock Exchange
- Sector
- Consumer Cyclical
- Industry
- Household Durables
- Employees
- 1,196
- Fiscal year end
- December
- Address
- Building 3, Haining, China, 314400
- Phone
- 86 57 3807 76966
- Website
- haixiang.com.cn
About Zhejiang Walrus New Material Co Ltd
Zhejiang Walrus New Material Co., Ltd. engages in the research and development, production, and sale of PVC flooring products in China and internationally. The company offers luxury vinyl tiles, wood plastic composite, and stone plastic composite flooring products to be used in shopping malls, hotels, hospitals, office buildings, stadiums, and residential places. It is also involved in wholesale and retail trade. The company was founded in 2013 and is based in Haining, China.
Zhejiang Walrus New Material Co Ltd management
4- Ms. Shufang WangGM & Director · born 1983
- Ms. Mu Hua ZhaoCFO & Head of Accounting · born 1983
- Ms. Yaqin WangDeputy GM, Secretary to the Board & Director · born 1972
- Ms. Yan Yan LiDeputy General Manager · born 1990