300329.SHE Hailun Piano Co Ltd
- Market cap
- CNY 2.56B
- P/E
- -
- P/B
- 4.68x
- ROE
- -18.4%
- Dividend yield
- 0.60%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 300329.SHE undervalued?
Graham numberThe Graham number of Hailun Piano 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?
Hailun Piano Co Ltd fundamental analysis
No fundamental analysis for Hailun Piano Co Ltd yet.
Hailun Piano Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Hailun Piano Co Ltd
Hailun Piano Co.,Ltd., together with its subsidiaries, engages in the research, development, manufacture, sale, and service of pianos in China and internationally. The company offers upright, grand, digital, and smart pianos, as well as Hailun electric jazz drums. It is also involved in arts training business. The company sells its products under the Hailun and Wendelong brands. Hailun Piano Co.,Ltd. was incorporated in 2001 and is based in Ningbo City, China.
Full company profileHailun Piano 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.
Hailun Piano 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 | 389M | 470M | 527M | 554M | 476M | 522M | 379M | 297M | 159M | 123M | 105M |
| Gross Profit | 102M | 127M | 151M | 159M | 117M | 135M | 97.1M | 67.6M | 14.5M | 15.1M | 16.7M |
| Operating Income | 30.8M | 43.3M | 59.0M | 56.7M | 32.8M | -78.0M | 5.87M | -83.7M | -112M | -56.6M | -66.6M |
| EBITDA | 56.3M | 66.6M | 82.6M | 79.6M | 57.8M | -50.8M | 47.3M | -42.2M | -78.7M | -73.7M | -92.8M |
| Net Income | 33.3M | 41.0M | 54.5M | 52.0M | 31.8M | -79.6M | 8.32M | -78.9M | -97.9M | -89.8M | -101M |
| EPS | 0.13 | 0.16 | 0.22 | 0.21 | 0.13 | -0.31 | 0.03 | -0.31 | -0.39 | -0.36 | -0.40 |
| Balance Sheet | |||||||||||
| Total Assets | 929M | 1.00B | 1.13B | 1.25B | 1.29B | 1.39B | 1.41B | 1.26B | 1.11B | 1.02B | 1.14B |
| Total Liabilities | 125M | 164M | 238M | 277M | 290M | 469M | 488M | 426M | 393M | 387M | 588M |
| Shareholders' Equity | 800M | 835M | 890M | 969M | 997M | 914M | 921M | 836M | 718M | 628M | 548M |
| Cash & Short-term Investments | 149M | 199M | 329M | 164M | 101M | 122M | 95.1M | 63.5M | 39.7M | 20.5M | 41.9M |
| Total Debt | 9.00M | 12.2M | 37.6M | 36.2M | 63.8M | 259M | 301M | 260M | 311M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 42.0M | 63.8M | 50.3M | -42.4M | 5.03M | -23.7M | -75.8M | 22.2M | -75.6M | -44.6M | - |
| Capital Expenditure | 17.5M | 53.6M | 35.3M | 63.8M | 75.9M | 135M | 30.3M | 35.1M | 13.1M | 3.79M | 15.1M |
| Free Cash Flow | 24.5M | 10.2M | 15.0M | -106M | -70.9M | -159M | -106M | -12.9M | -88.7M | -48.4M | -216M |
| Ratios | |||||||||||
| ROE | 4.2% | 4.9% | 6.1% | 5.4% | 3.2% | -8.7% | 0.9% | -9.4% | -13.6% | -14.3% | -18.4% |
| ROA | 3.6% | 4.1% | 4.8% | 4.2% | 2.5% | -5.7% | 0.6% | -6.2% | -8.8% | -8.8% | -8.9% |
| Net Profit Margin | 8.6% | 8.7% | 10.3% | 9.4% | 6.7% | -15.3% | 2.2% | -26.5% | -61.5% | -73.1% | -96.3% |
| Debt to Equity | 0.01x | 0.01x | 0.04x | 0.04x | 0.06x | 0.28x | 0.33x | 0.31x | 0.43x | - | - |
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.
Hailun Piano Co Ltd dividends
- Dividend yield
- 0.60%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Jan 17, 2025
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 15.4M | 0.06 | - |
| 2024 | CNY 6.23M | 0.02 | - |
| 2023 | CNY 4.91M | 0.02 | - |
| 2022 | CNY 9.61M | 0.03 | 115.4% |
| 2021 | CNY 3.54M | 0.01 | - |
| 2020 | CNY 7.10M | 0.03 | 22.3% |
| 2019 | CNY 8.83M | 0.04 | 17.0% |
| 2018 | CNY 7.65M | 0.03 | 14.0% |
| 2017 | CNY 6.28M | 0.03 | 15.3% |
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: 18:10 on Oct 14, 2015.
Who owns Hailun Piano Co Ltd
- Insiders 49.14%
- Institutions 0.38%
- Public & others 50.48%
- Shares outstanding 253M
- Free float 157M
Hailun Piano Co Ltd company profile
- Company name
- Hailun Piano Co Ltd
- Ticker
- 300329.SHE
- ISIN
- CNE100001H19
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jun 19, 2012
- Sector
- Consumer Cyclical
- Industry
- Leisure Products
- Employees
- 395
- Fiscal year end
- December
- Address
- No. 36, Longtanshan Road, Ningbo, China, 315806
- Phone
- 86 574 86813822
- Website
- hailunpiano.com
About Hailun Piano Co Ltd
Hailun Piano Co.,Ltd., together with its subsidiaries, engages in the research, development, manufacture, sale, and service of pianos in China and internationally. The company offers upright, grand, digital, and smart pianos, as well as Hailun electric jazz drums. It is also involved in arts training business. The company sells its products under the Hailun and Wendelong brands. Hailun Piano Co.,Ltd. was incorporated in 2001 and is based in Ningbo City, China.
Hailun Piano Co Ltd management
3- Mr. Jiang Feng JinFinancial Director · born 1987
- Mr. Ding Jing ShiDeputy GM & Board Secretary · born 1980
- Qiong WangAccounting Supervisor