Ganso Co Ltd

603886 · SHG · Consumer Defensive / Grocery Stores

12.80CNY-0.40 (-3.03%)

Price History

Full chart

Market Stats

Previous Close13.20

Open13.18

Day Range12.61 – 13.29

52-Week Range9.55 – 15.06

Volume4.28M

Market Cap3.06B

P/E (TTM)41.16

Forward P/E0.00

EPS0.31

Dividend Yield4.70%

Beta0.15

50-Day Avg11.62

200-Day Avg12.51

About

Ganso Co., Ltd. engages in production and sale of self-branded decorated cakes, Chinese and Western pastries, and moon cakes in China. The company provides Chinese and Western pastry gift boxes, including moon cakes and rice dumplings; and seasonal, regular, and scenario-based products through online sales, offline direct store sales, and franchisee sales, as well as e-commerce platforms and food delivery platforms. The company was founded in 1981 and is based in Shanghai, China.

Company Details

SectorConsumer Defensive
IndustryGrocery Stores
CEOMr. Yitao Zhang
Employees4.62K
HeadquartersNo. 6088, Jiasong Middle Road, Shanghai, China, 201703, China
Websitehttps://www.ganso.com.cn

Leadership

Mr. Yitao ZhangGeneral Manager · b. 1976
Ms. Yin WangFinancial Officer · b. 1997
Ms. Dan Dan ZhouSecretary to the Board · b. 1986
Ms. Guan nan WangDeputy General Manager · b. 1980

Financials

Income Statement

Currency: CNY	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	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	1.02B	1.29B	1.45B	1.48B	1.58B	1.59B	1.78B	1.97B	2.22B	2.30B	2.58B	2.59B	2.66B	2.31B	2.07B
Growth (%)	-	+25.48%	+13.13%	+1.68%	+6.69%	+0.92%	+11.66%	+10.99%	+12.68%	+3.63%	+12.20%	+0.11%	+2.78%	-12.99%	-10.48%
Cost of Revenue	396.64M	531.53M	601.51M	614.00M	613.13M	591.54M	630.82M	702.05M	833.00M	899.54M	998.12M	1.06B	1.02B	858.98M	1.01B
Gross Profit	627.52M	753.60M	852.35M	864.32M	964.08M	1.00B	1.15B	1.27B	1.39B	1.40B	1.59B	1.53B	1.63B	1.45B	1.06B
Gross Margin	61.27%	58.64%	58.63%	58.47%	61.13%	62.83%	64.51%	64.41%	62.52%	60.95%	61.38%	59.14%	61.46%	62.87%	51.25%
Operating Expense	432.76M	575.64M	696.87M	744.50M	802.73M	836.17M	877.33M	955.04M	1.06B	1.03B	1.16B	1.18B	1.28B	1.11B	885.60M
Operating Income	194.76M	177.96M	155.48M	119.82M	161.34M	163.94M	269.09M	315.44M	331.12M	377.38M	430.82M	345.76M	356.87M	342.89M	176.02M
Operating Margin	19.02%	13.85%	10.69%	8.11%	10.23%	10.30%	15.14%	15.99%	14.90%	16.38%	16.67%	13.36%	13.42%	14.82%	8.50%
EBITDA	196.57M	296.95M	213.07M	149.51M	199.66M	209.69M	307.77M	348.49M	354.97M	415.36M	487.65M	404.34M	413.33M	373.89M	405.71M
EBITDA Margin	19.19%	23.11%	14.66%	10.11%	12.66%	13.17%	17.32%	17.67%	15.97%	18.03%	18.87%	15.63%	15.54%	16.16%	19.59%
Net Income	178.11M	194.93M	123.67M	81.55M	114.44M	124.95M	203.51M	253.82M	247.77M	300.03M	339.86M	266.37M	276.33M	248.76M	139.59M
Net Income Margin	17.39%	15.17%	8.51%	5.52%	7.26%	7.85%	11.45%	12.87%	11.15%	13.03%	13.15%	10.30%	10.39%	10.75%	6.74%
R&D	13.13M	16.83M	19.33M	19.11M	13.05M	9.88M	11.43M	13.52M	14.88M	17.02M	17.25M	20.87M	20.85M	19.18M	22.06M
R&D as % of Total Revenue	1.28%	1.31%	1.33%	1.29%	0.83%	0.62%	0.64%	0.69%	0.67%	0.74%	0.67%	0.81%	0.78%	0.83%	1.06%
Interest Expense	3.85M	0	4.08M	1.48M	47.22K	1.14M	841.98K	993.67K	1.28M	1.24M	17.17M	17.48M	16.65M	15.70M	14.41M
Interest Expense % of Total Revenue	0.38%	0.00%	0.28%	0.10%	0.00%	0.07%	0.05%	0.05%	0.06%	0.05%	0.66%	0.68%	0.63%	0.68%	0.70%

Balance Sheet

Currency: CNY	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	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	774.94M	981.45M	913.87M	897.84M	1.05B	1.78B	1.97B	2.20B	2.39B	2.55B	3.07B	3.14B	3.15B	3.06B	2.96B
Total Liabilities	449.37M	518.29M	496.20M	523.50M	614.59M	714.06M	750.78M	852.01M	900.29M	1.05B	1.48B	1.52B	1.49B	1.40B	1.40B
Total Equity	323.45M	462.10M	417.13M	373.84M	438.58M	1.07B	1.22B	1.35B	1.49B	1.50B	1.60B	1.62B	1.66B	1.66B	1.56B
Cash	83.39M	177.75M	265.40M	69.82M	114.42M	734.49M	142.84M	145.83M	228.97M	267.98M	177.16M	488.79M	317.59M	540.91M	140.35M
Total Debt	49.93M	44.97M	39.90M	4.58M	-	-	-	1.64K	-	357.02M	350.96M	352.24M	334.09M	337.75M	327.45M
Net Debt	-33.46M	-132.78M	-225.50M	-65.25M	-114.42M	-734.49M	-142.84M	-145.82M	-228.97M	89.04M	173.80M	-136.55M	16.50M	-357.49M	187.09M

Cash Flow

Currency: CNY	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	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	181.71M	207.14M	224.87M	218.08M	290.38M	285.54M	324.75M	365.30M	341.20M	482.71M	652.23M	556.11M	566.41M	374.43M	430.20M
Investing Cash Flow	-19.51M	69.29M	71.04M	-251.23M	-187.73M	-173.30M	-861.38M	-252.11M	-101.06M	-155.57M	-337.75M	-6.97M	-108.97M	237.92M	-432.85M
Financing Cash Flow	-139.02M	-182.17M	-205.95M	-160.29M	-58.11M	506.88M	-55.20M	-110.40M	-158.40M	-288.00M	-404.83M	-410.39M	-421.03M	-394.14M	-396.65M
Capital Expenditure	176.08M	66.99M	78.42M	89.17M	127.95M	73.00M	132.97M	114.60M	124.05M	67.73M	89.53M	80.51M	105.83M	104.78M	71.84M
Free Cash Flow	5.62M	140.15M	146.44M	128.92M	162.43M	212.54M	191.77M	250.69M	217.14M	414.98M	562.69M	475.60M	423.86M	269.65M	358.36M
Dividends Paid	53.87M	260.55M	97.42M	121.48M	50.05M	77.11M	55.20M	110.40M	158.40M	288.00M	240.00M	240.00M	240.00M	240.00M	240.00M
FCF to OCF	3.10%	67.66%	65.12%	59.11%	55.94%	74.43%	59.05%	68.63%	63.64%	85.97%	86.27%	85.52%	74.83%	72.02%	83.30%
Dividend Paid to FCF	957.75%	185.90%	66.53%	94.23%	30.81%	36.28%	28.78%	44.04%	72.95%	69.40%	42.65%	50.46%	56.62%	89.00%	66.97%

Earnings

Report Date	Dec 31, 2016	Apr 29, 2017	Aug 21, 2017	Oct 27, 2017	Dec 31, 2017	Apr 27, 2018	Jul 29, 2018	Oct 28, 2018	Apr 17, 2019	Jul 29, 2019	Oct 29, 2019	Apr 16, 2020	Aug 24, 2020	Oct 27, 2020	Apr 20, 2021	Aug 25, 2021	Oct 27, 2021	Mar 9, 2022	Apr 27, 2022	Aug 24, 2022	Oct 26, 2022	Mar 27, 2023	Apr 27, 2023
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	-0.10	-0.08	0.09	0.81	0.03	-0.12	0.21	0.94	-0.02	0.18	1.00	-0.11	0.24	1.12	0.03	0.25	1.12	0.03	-0.08	0.34	0.99	-0.13	-0.04
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	Pre-market	After-hours	Pre-market	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	After-hours	Pre-market	After-hours	Pre-market	After-hours	Pre-market	After-hours	Pre-market

Key Statistics & Ratios

Market Cap3.06B

Enterprise Value1.99B

Trailing P/E41.16

Forward P/E0.00

Price / Sales1.53

Price / Book2.25

EPS0.31

Book Value5.60

Revenue (TTM)2.00B

Gross Profit (TTM)1.23B

EBITDA125.23M

Profit Margin3.76%

Operating Margin-1.44%

Return on Equity5.42%

Return on Assets1.99%

Shares Outstanding240.00M

Shares Float102.20M

Beta0.15

Dividend Yield4.70%

Dividend Rate0.60

Payout Ratio193.55%

Dividends

20231×

1.00Jun 16, 2023

20221×

1.00May 19, 2022

20211×

1.00May 28, 2021

20201×

1.20May 27, 2020

20191×

0.66Jun 27, 2019

20181×

0.46Jun 15, 2018

20171×

0.23Jun 22, 2017