1. People's Republic of China Stocks

  2. •

    Communication Services

  3. •

    Advertising Agencies
Guangdong Advertising Group Co.,Ltd

Guangdong Advertising Group Co.,Ltd

002400.SZ
Guangdong Advertising Group Co.,LtdCN flagShenzhen Stock Exchange
5.92
CNY
+0.08
- -
10.32BMarket Cap
Guangdong Advertising Group Co.,Ltd
002400.SZ
(Shenzhen Stock Exchange)

Recent

price

5.92

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.3
2.53
3.16
3.83
4.32
6.36
6.79
6.75
7.17
6.95
7.56
7.78
8.37
9.56
11.85
12.25
9.57
Revenue per Share
0.05
0.07
0.12
0.2
0.29
0.36
0.38
-0.11
0.11
0.09
-0.53
0.11
0.12
0.09
0.06
0.05
0.03
Basic EPS, GAAP
-0.05
-0.05
0.02
0.07
0.07
0.14
- -
0.08
0.29
0.3
0.2
0.35
-0.23
0.25
-0.18
-0.25
-0.01
Free Cash Flow per Basic Share
- -
0.01
0.02
0.03
0.04
0.06
0.09
0.08
0.04
0.03
0.03
0.02
0.02
0.06
0.05
0.05
0.05
Dividend per Share
0.18
0.26
0.39
0.67
1.04
1.51
2.01
2.03
2.12
2.24
1.58
1.78
1.81
1.86
1.88
1.91
1.92
Book Value per Share
0.76
0.75
0.78
0.93
0.84
0.37
2.06
1.91
2.14
2.32
2.26
2.51
2.58
2.63
2.64
2.73
2.74
Tangible Book Value per Share
1,340
1,467
1,464
1,458
1,466
1,515
1,609
1,674
1,690
1,661
1,759
1,672
1,745
1,744
1,743
1,744
1,740
Basic Weighted Avg Shares
3,079
3,717
4,627
5,591
6,338
9,629
10,915
11,295
12,115
11,536
13,291
13,003
14,600
16,673
20,658
21,354
16,649
Sales/Revenue/Turnover
2.67
3.25
5.55
8.23
9.96
8.98
9.09
3.05
4.77
5.91
3.47
2.58
3.09
1.61
1.07
0.67
0.98
Operating Margin (%)
4
5
8
11
10
10
11
21
38
43
48
60
77
110
103
73
- -
Depreciation Expense
68
102
181
288
425
548
611
-184
186
149
-932
184
213
153
101
90
44
Net Income, GAAP
25.41
21.35
23.08
24.61
22.79
25.73
21.25
- -
24.18
34.92
- -
17.09
24.5
19.91
40.81
37.39
40.51
Effective Tax Rate (%)
2.2
2.75
3.91
5.14
6.71
5.69
5.6
-1.63
1.53
1.3
-7.01
1.41
1.46
0.92
0.49
0.42
0.27
Profit Margin (%)
963
1,060
1,167
1,368
1,584
1,212
3,154
2,069
2,023
2,147
2,131
2,189
2,375
2,414
2,519
2,542
2,574
Working Capital
- -
- -
- -
- -
- -
- -
278
203
130
- -
13
10
169
235
102
136
123
LT Debt
1,020
1,175
1,399
1,691
2,119
2,672
5,473
5,321
5,519
5,614
4,598
4,773
4,910
4,978
4,981
5,076
5,082
Total Equity
10.01
8.49
14.74
20.84
22.42
20.67
16.05
- -
6.84
7.2
- -
6.25
7.39
4.13
2.35
1.38
1.28
Return on Invested Capital (%)
33.17
24.61
25.17
23.47
22.6
19.09
15.68
- -
3.41
2.99
- -
5.6
6.23
4.33
3.2
1.61
0.69
Return on Capital (%)
34.85
33.11
38.19
37.27
33.98
28.76
22.17
-5.56
5.34
4.09
-28.65
6.39
6.95
4.79
3.1
2.73
1.33
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
2,492
2,839
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
136
123
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
1,743
1,743
Market Capitalization
14,854
15,501
14,839

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
10,484
9,912
Cash, Cash Equivalents & STI
- -
2,641
1,216
Accounts Receivable, Net
- -
5,967
5,435
Inventories
- -
2
2
Total Current Liabilities
- -
7,942
7,338
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,492
2,839
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.94%
2%
1.91%
Free Cash Flow
366.51%
-89.05%
40.13%
Net Income, GAAP
-123.97%
-35.4%
-10.86%
Sales/Revenue/Turnover
8.61%
10.32%
3.37%
Total Cash Common Dividend
14.8%
33.86%
16.59%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,153
4,402
6,290
6,813
20,658
2025
3,659
5,616
- -
6,561
21,354
2026
4,473
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.06
2025
0.01
- -
- -
- -
0.05
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.05
2025
0.01
- -
- -
- -
0.05
2026
0.01
- -
- -
- -
- -
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Business
Guangdong Advertising Group Co.,Ltd operates primarily as an integrated marketing and advertising company headquartered in Guangzhou, China, founded in 1979. The company’s core products and services encompass media agency services including comprehensive media planning and buying across television, print, outdoor, and digital channels; digital marketing solutions featuring a sophisticated digital product matrix with cloud computing and AI-driven tools; brand management services to support corporate and product branding strategies; private media operations; public relations activities; e-commerce marketing; and overseas marketing services including global social media and cross-border e-commerce solutions. Additionally, Guangdong Advertising Group provides advertising design, production, exhibition hosting, and photography services. The group operates extensively in China with a presence in major cities including Beijing, Shanghai, Chengdu, Hong Kong, and Fuzhou, and extends its services internationally through strategic alliances with global advertising firms. In recent years, Guangdong Advertising Group has undergone significant digital transformation, shifting its revenue composition from traditional advertising to digital marketing which now accounts for approximately 80% of its revenue, showcasing a strategic pivot to embrace digital and intelligent marketing. In the last two years, the company has invested in cloud computing infrastructure and big data platforms, developed a series of new digital marketing platforms such as GIMC Cloud and Lingxi AI, and formed a big data alliance attracting multiple internet platforms to enhance its data-driven marketing capabilities. The company has also recently initiated capital increases through a wholly-owned subsidiary to establish joint-stock companies, signaling a strategic move towards further business expansion and mixed-ownership reform. Guangdong Advertising Group's 2024 annual report highlights substantial revenue growth reaching over RMB 20 billion, supported by its focus on integrating content, scene-based marketing, and new media channels, while continuing to build core competitive advantages in digital marketing ecosystems. The group is recognized among Guangdong’s top enterprises and has received awards for digital breakthrough practices, reflecting its industry leadership and innovation success. Guangdong Advertising Group serves a diverse client base including large brands across telecom, automotive, and consumer products sectors, leveraging its integrated marketing communication expertise to enhance brand value and market reach domestically and globally. The company continues to expand its footprint in new media and smart marketing services while maintaining strong traditional advertising operations within the communication services industry.