Zhejiang Walrus New Material Co Ltd

003011 · SHE · Consumer Cyclical / Furnishings, Fixtures & Appliances

16.90CNY-0.32 (-1.86%)

Price History

Full chart

Market Stats

Previous Close17.22

Open17.20

Day Range16.81 – 17.38

52-Week Range15.51 – 28.59

Volume1.60M

Market Cap2.03B

P/E (TTM)27.79

Forward P/E0.00

EPS0.71

Dividend Yield3.04%

Beta0.59

50-Day Avg19.55

200-Day Avg22.07

About

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.

Company Details

SectorConsumer Cyclical
IndustryFurnishings, Fixtures & Appliances
CEOMs. Shufang Wang
Employees1.20K
HeadquartersBuilding 3, Haining, China, 314400, China
Websitehttps://www.haixiang.com.cn

Leadership

Ms. Shufang WangGM & Director · b. 1983
Ms. Mu Hua ZhaoCFO & Head of Accounting · b. 1983
Ms. Yaqin WangDeputy GM, Secretary to the Board & Director · b. 1972
Ms. Yan Yan LiDeputy General Manager · b. 1990

Financials

Income Statement

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	208.18M	389.12M	783.77M	858.77M	1.22B	1.80B	1.89B	1.60B	1.37B	1.21B
Growth (%)	-	+86.92%	+101.42%	+9.57%	+42.52%	+46.87%	+5.39%	-15.60%	-14.42%	-11.84%
Cost of Revenue	144.29M	274.80M	560.21M	577.50M	867.15M	1.50B	1.48B	1.33B	998.21M	853.56M
Gross Profit	63.90M	114.32M	223.56M	281.27M	356.79M	297.38M	413.94M	272.43M	370.15M	352.76M
Gross Margin	30.69%	29.38%	28.52%	32.75%	29.15%	16.54%	21.85%	17.04%	27.05%	29.24%
Operating Expense	44.03M	109.85M	121.01M	130.00M	154.57M	198.26M	188.55M	216.86M	302.87M	170.35M
Operating Income	19.87M	4.47M	102.55M	151.27M	202.22M	99.12M	225.39M	55.57M	67.28M	182.40M
Operating Margin	9.54%	1.15%	13.08%	17.61%	16.52%	5.51%	11.90%	3.48%	4.92%	15.12%
EBITDA	31.19M	19.63M	130.05M	199.54M	258.43M	170.90M	311.45M	160.14M	182.57M	216.15M
EBITDA Margin	14.98%	5.04%	16.59%	23.24%	21.11%	9.51%	16.44%	10.02%	13.34%	17.92%
Net Income	18.83M	730.92K	89.57M	138.32M	188.29M	96.97M	212.23M	45.65M	50.10M	99.46M
Net Income Margin	9.04%	0.19%	11.43%	16.11%	15.38%	5.39%	11.20%	2.85%	3.66%	8.25%
R&D	12.31M	16.72M	23.58M	28.05M	37.00M	48.15M	47.44M	61.83M	51.53M	42.52M
R&D as % of Total Revenue	5.91%	4.30%	3.01%	3.27%	3.02%	2.68%	2.50%	3.87%	3.77%	3.52%
Interest Expense	5.58M	6.06M	10.11M	15.15M	15.10M	21.65M	29.15M	19.74M	17.73M	12.42M
Interest Expense % of Total Revenue	2.68%	1.56%	1.29%	1.76%	1.23%	1.20%	1.54%	1.23%	1.30%	1.03%

Balance Sheet

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	187.66M	275.15M	662.05M	936.39M	1.74B	2.27B	2.48B	2.34B	2.13B	2.11B
Total Liabilities	146.70M	180.22M	371.96M	518.43M	531.98M	1.00B	1.03B	920.33M	716.15M	695.72M
Total Equity	40.97M	94.92M	290.10M	417.96M	1.21B	1.27B	1.46B	1.42B	1.42B	1.41B
Cash	10.76M	9.62M	39.43M	78.02M	414.85M	327.85M	373.41M	235.08M	272.66M	229.27M
Total Debt	82.00M	71.31M	183.19M	230.28M	224.13M	671.05M	686.98M	550.55M	488.08M	-
Net Debt	71.24M	61.69M	143.76M	152.26M	-190.72M	343.20M	313.57M	315.47M	215.42M	204.24M

Cash Flow

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-13.04M	31.57M	15.20M	183.78M	190.06M	-109.16M	349.31M	218.47M	375.63M	257.13M
Investing Cash Flow	4.37M	-29.31M	-171.46M	-238.13M	-460.04M	-228.29M	-286.24M	-182.15M	-184.80M	-
Financing Cash Flow	6.61M	2.79M	172.52M	82.11M	585.13M	323.35M	-69.26M	-164.26M	-191.18M	-
Capital Expenditure	25.53M	33.87M	171.46M	238.38M	231.23M	443.15M	268.53M	184.08M	126.66M	86.63M
Free Cash Flow	-38.57M	-2.30M	-156.26M	-54.60M	-41.17M	-552.31M	80.79M	34.39M	248.97M	170.50M
Dividends Paid	5.39M	5.28M	5.88M	19.02M	8.80M	22.00M	30.80M	72.37M	70.13M	67.35M
FCF to OCF	295.74%	-7.29%	-1027.93%	-29.71%	-21.66%	505.94%	23.13%	15.74%	66.28%	66.31%
Dividend Paid to FCF	-13.98%	-229.60%	-3.76%	-34.83%	-21.37%	-3.98%	38.13%	210.43%	28.17%	39.50%

Earnings

Report Date	Oct 27, 2020	Dec 31, 2020	Apr 21, 2021	Aug 17, 2021	Oct 21, 2021	Dec 31, 2021	Apr 27, 2022	Aug 29, 2022	Oct 25, 2022	Dec 31, 2022	Apr 24, 2023	Aug 27, 2023	Oct 29, 2023	Apr 26, 2024	Aug 30, 2024	Oct 30, 2024	May 20, 2025	Aug 30, 2025	Oct 30, 2025	Apr 30, 2026	Aug 31, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.52	0.40	0.25	0.26	0.24	0.20	0.17	0.56	0.57	0.78	0.78	1.08	-0.39	-0.92	-0.05	-0.04	0.24	0.40	0.25	0.11	0.26
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	After-hours	-	Pre-market	Pre-market	After-hours	-	Pre-market	Pre-market	After-hours	-	Pre-market	After-hours	Pre-market	Pre-market	-	-	After-hours	-	-	-	-

Key Statistics & Ratios

Market Cap2.03B

Enterprise Value2.18B

Trailing P/E27.79

Forward P/E0.00

Price / Sales1.73

Price / Book1.54

EPS0.71

Book Value13.64

Revenue (TTM)1.17B

Gross Profit (TTM)321.48M

EBITDA232.39M

Profit Margin6.12%

Operating Margin13.29%

Return on Equity5.11%

Return on Assets4.42%

Shares Outstanding102.68M

Shares Float56.76M

Beta0.59

Dividend Yield3.04%

Dividend Rate0.60

Payout Ratio48.37%

Dividends

20261×

0.30Jul 1, 2026

20252×

0.30Sep 24, 20250.30May 28, 2025

20241×

0.60May 31, 2024

20232×

0.30Oct 18, 20230.30May 26, 2023

20221×

0.30May 13, 2022

20211×

0.21May 28, 2021

Stock Splits

May 28, 20211.4:1