300301.SHE Shenzhen Changfang Light Emitting
- Market cap
- CNY 2.72B
- P/E
- -
- P/B
- 100.36x
- ROE
- -353.7%
- Dividend yield
- 0.94%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 300301.SHE undervalued?
Graham numberThe Graham number of Shenzhen Changfang Light Emitting 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?
Shenzhen Changfang Light Emitting fundamental analysis
No fundamental analysis for Shenzhen Changfang Light Emitting yet.
Shenzhen Changfang Light Emitting stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Shenzhen Changfang Light Emitting
Shenzhen Changfang Group Co., Ltd. engages in the research and development, design, production, and sale of LED lighting source device packaging and LED lighting application products in China and internationally. The company offers LED headlights, flashlights, handheld searchlight, emergency lights, lamps, bulbs; ceiling lights; and eye protection tables. It also provides its lighting products for whole house customization, living room, bedroom, kitchen and bathroom, and mea…
Full company profileShenzhen Changfang Light Emitting 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.
Shenzhen Changfang Light Emitting 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 | 1.60B | 1.75B | 1.57B | 1.62B | 1.30B | 1.59B | 728M | 544M | 505M | 397M | 410M |
| Gross Profit | 226M | 384M | 245M | 294M | 258M | 153M | 54.3M | 74.4M | 127M | 92.6M | 90.5M |
| Operating Income | -40.0M | 119M | -137M | -467M | -8.55M | -182M | -233M | -136M | -40.6M | -57.2M | -48.3M |
| EBITDA | 147M | 303M | 57.8M | -272M | 172M | -40.1M | -128M | -65.9M | 18.1M | -105M | -65.8M |
| Net Income | -62.7M | 36.2M | -157M | -429M | -37.8M | -282M | -225M | -142M | -41.7M | -150M | -93.2M |
| EPS | -0.08 | 0.05 | -0.20 | -0.54 | -0.05 | -0.36 | -0.28 | -0.18 | -0.05 | -0.18 | -0.11 |
| Balance Sheet | |||||||||||
| Total Assets | 3.79B | 3.81B | 3.49B | 3.26B | 2.74B | 1.34B | 995M | 819M | 768M | 832M | 792M |
| Total Liabilities | 1.44B | 1.34B | 1.87B | 2.07B | 1.58B | 925M | 803M | 767M | 736M | 739M | 765M |
| Shareholders' Equity | 2.13B | 2.17B | 1.62B | 1.19B | 1.16B | 417M | 192M | 51.6M | 30.8M | 91.4M | 26.3M |
| Cash & Short-term Investments | 458M | 488M | 324M | 391M | 240M | 211M | 77.5M | 30.8M | 75.0M | 37.8M | 17.1M |
| Total Debt | 658M | 551M | 801M | 1.05B | 801M | 476M | 313M | 166M | 87.5M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | -4.00M | 206M | -188M | 123M | 147M | -98.8M | -95.9M | -18.8M | 8.19M | -11.5M | - |
| Capital Expenditure | 166M | 106M | 105M | 65.4M | 64.6M | 59.1M | 16.0M | 3.77M | 8.64M | 9.64M | 12.0M |
| Free Cash Flow | -170M | 99.4M | -292M | 57.8M | 82.2M | -158M | -112M | -22.6M | -444K | -21.1M | -63.1M |
| Ratios | |||||||||||
| ROE | -3.0% | 1.7% | -9.7% | -36.0% | -3.3% | -67.6% | -117.1% | -275.8% | -135.4% | -164.4% | -353.7% |
| ROA | -1.7% | 1.0% | -4.5% | -13.2% | -1.4% | -21.0% | -22.6% | -17.4% | -5.4% | -18.1% | -11.8% |
| Net Profit Margin | -3.9% | 2.1% | -10.0% | -26.6% | -2.9% | -17.7% | -30.9% | -26.2% | -8.3% | -37.9% | -22.7% |
| Debt to Equity | 0.31x | 0.25x | 0.49x | 0.88x | 0.69x | 1.14x | 1.63x | 3.21x | 2.84x | - | - |
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.
Shenzhen Changfang Light Emitting dividends
- Dividend yield
- 0.94%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Apr 14, 2016
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 25.5M | 0.03 | - |
| 2024 | CNY 20.9M | 0.03 | - |
| 2023 | CNY 25.6M | 0.03 | - |
| 2022 | CNY 17.3M | 0.02 | - |
| 2021 | CNY 28.5M | 0.04 | - |
| 2020 | CNY 46.6M | 0.06 | - |
| 2019 | CNY 52.0M | 0.07 | - |
| 2018 | CNY 40.5M | 0.05 | - |
| 2017 | CNY 26.9M | 0.03 | 74.3% |
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: 22:10 on May 12, 2015.
Who owns Shenzhen Changfang Light Emitting
- Insiders 31.52%
- Institutions 0.00%
- Public & others 68.48%
- Shares outstanding 811M
- Free float 612M
Shenzhen Changfang Light Emitting company profile
- Company name
- Shenzhen Changfang Light Emitting
- Ticker
- 300301.SHE
- ISIN
- CNE100001CV5
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Mar 21, 2012
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 1,362
- Fiscal year end
- December
- Address
- No. 221 Renmin Road, Shenzhen, China, 518110
- Phone
- 86 40 0692 1399
- Website
- cfled.com
About Shenzhen Changfang Light Emitting
Shenzhen Changfang Group Co., Ltd. engages in the research and development, design, production, and sale of LED lighting source device packaging and LED lighting application products in China and internationally. The company offers LED headlights, flashlights, handheld searchlight, emergency lights, lamps, bulbs; ceiling lights; and eye protection tables. It also provides its lighting products for whole house customization, living room, bedroom, kitchen and bathroom, and meal hanging areas. The company was formerly known as Shenzhen Changfang Light Emitting Diode Lighting Co., LTD and changed its name to Shenzhen Changfang Group Co., Ltd. in March 2016. The company was founded in 2005 and is based in Shenzhen, China.
Shenzhen Changfang Light Emitting management
4- Mr. Taoxiang WuGM, Chairman & Board Secretary · born 1973
- Mr. Junwei ChenNon Independent Director & CFO · born 1982
- Ms. Hui XieDeputy General Manager & Non Independent Director · born 1984
- Yunjuan ZhangHead of Accounting Department