1. People's Republic of China Stocks

  2. •

    Consumer Cyclical

  3. •

    Furnishings, Fixtures & Appliances
Opple Lighting Co.,LTD

Opple Lighting Co.,LTD

603515.SS
Opple Lighting Co.,LTDCN flagShanghai Stock Exchange
17.07
CNY
-0.33
- -
12.69BMarket Cap
Opple Lighting Co.,LTD
603515.SS
(Shanghai Stock Exchange)

Recent

price

17.07

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
4.75
4.98
5.65
6.62
7.82
9.19
10.59
11.07
10.56
11.7
9.64
10.54
9.67
9.54
9.35
Revenue per Share
- -
0.65
0.7
0.43
0.65
0.72
0.9
1.19
1.18
1.06
1.2
1.04
1.25
1.23
1.26
1.19
Basic EPS, GAAP
- -
-0.4
0.53
-0.12
0.18
1.51
1.07
0.59
1.25
1
0.58
0.14
1.78
0.88
0.45
-0.28
Free Cash Flow per Basic Share
- -
- -
0.31
0.31
0.32
0.01
0.23
0.31
0.41
0.5
0.5
0.49
0.51
0.86
0.91
0.84
Dividend per Share
- -
1.37
1.65
1.73
2.03
2.7
3.09
4.15
4.84
5.4
6.1
6.67
7.53
7.97
8.36
7.47
Book Value per Share
- -
1.66
2.01
2.14
2.5
4.29
4.62
5.68
6.48
6.51
7.25
7.61
8.54
8.5
8.84
8.02
Tangible Book Value per Share
- -
661
680
681
675
700
757
756
755
755
756
754
739
734
731
743
Basic Weighted Avg Shares
2,687
3,138
3,390
3,843
4,469
5,477
6,957
8,004
8,355
7,970
8,847
7,270
7,795
7,096
6,970
6,946
Sales/Revenue/Turnover
1.82
11.4
11.37
7.32
9.08
9.93
10.76
10.6
10.78
10.84
10.69
10.64
12.07
12.56
14.23
12.9
Operating Margin (%)
- -
- -
53
58
67
84
95
105
168
143
142
145
146
176
177
- -
Depreciation Expense
149
427
476
293
436
506
681
899
890
800
907
784
924
903
920
887
Net Income, GAAP
23.86
14.69
14.92
17.27
12.71
15.29
14.88
13.67
14.21
14.93
13.39
11.35
14.04
12.15
14.83
13.13
Effective Tax Rate (%)
5.55
13.61
14.04
7.63
9.76
9.25
9.79
11.23
10.66
10.04
10.26
10.79
11.85
12.72
13.21
12.77
Profit Margin (%)
-56
378
565
477
470
1,786
2,166
2,626
3,213
3,327
3,573
3,570
3,992
4,211
4,355
3,879
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
4
9
10
9
9
5
7
LT Debt
549
1,241
1,514
1,605
1,835
3,144
3,635
4,422
5,016
5,252
5,830
6,106
6,663
6,724
7,015
6,435
Total Equity
- -
32.04
22.99
14.34
18.19
16.35
17.48
17.1
15.42
13.38
13.85
10.91
12.18
11.4
12.08
11.93
Return on Invested Capital (%)
- -
63.82
46.2
24.32
29.6
26.87
30.27
31.13
24.64
19.65
19.57
15.39
16.68
15.48
15.21
16.01
Return on Capital (%)
- -
67.37
46.84
25.48
34.23
31.06
32.19
32.82
26.23
20.71
20.89
16.27
17.44
15.82
15.4
16.31
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
95
98
18
LT Borrowings
- -
- -
- -
LT Finance Leases
9
9
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
745
745
745
Market Capitalization
12,429
12,356
13,367

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
7,038
6,924
7,120
Cash, Cash Equivalents & STI
5,662
5,586
5,451
Accounts Receivable, Net
711
624
788
Inventories
528
583
713
Total Current Liabilities
2,827
2,571
3,241
Payables & Accruals
- -
- -
- -
ST Debt
95
98
18
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.68%
6.02%
4.32%
Free Cash Flow
172.73%
187.08%
-49.03%
Net Income, GAAP
8.89%
3.47%
1.94%
Sales/Revenue/Turnover
5.41%
-2.07%
-1.78%
Total Cash Common Dividend
203.02%
14.47%
5.55%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,583
1,783
1,702
2,029
7,096
2025
1,491
1,725
2,062
- -
6,970
2026
1,492
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
- -
- -
- -
1.23
2025
0.19
- -
- -
- -
1.26
2026
0.18
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.86
2025
- -
- -
- -
- -
0.91
2026
- -
- -
- -
- -
- -
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Business
Opple Lighting Co., Ltd. (603515.SS) engages in the research, development, production, and sale of smart and traditional lighting products in China and internationally. Founded in 1996 and headquartered in Shanghai, China, the company offers a comprehensive portfolio including ambient, night, clothes drying, balcony, bedroom, panel, mirror, kitchen, eye protection, fan, bathroom, and ceiling lights; chandeliers; wall, floor, ceiling, and desk lamps; wall washers, bulbs, downlights, light strips, lamp brackets, switch sockets, ventilators, heating modules, mirror headlights, clothes drying racks, LED light sources, bath heaters, integrated walls, fire emergency lights, spotlights, industrial lights, lamp panels, fresh food lamps, intelligent control systems, bath heater ventilation fans, and outdoor lighting products; it also provides Software Defined Lighting (SDL) solutions simulating natural sunlight spectra, LED downlights, panels, strips, highbays, floodlights, and smart home integrated appliances. With manufacturing centers in Wujiang, Jiangsu Province, Zhongshan, Guangdong Province, and a forthcoming South China industrial park, Opple operates sales and services across over 70 countries and regions in Asia Pacific, Europe, Middle East, South Africa, and beyond, serving residential, commercial, industrial, and professional markets through more than 150,000 outlets and partnerships with distributors. In recent developments, the company continues heavy R&D investment at around 12% of revenue, including over 3,800 patents, and launches innovations such as upgraded highbay performers with up to 200 lm/W efficacy, new DALI-compatible floodlights and highbays, Software Defined Lighting advancements, smart LED systems with IoT integration, and expanded product lines like low-glare panels, emergency spotlights, and full-spectrum LED technologies in 2024-2025; it reported 15% year-over-year revenue growth to approximately RMB 6.93 billion in the latest period, with smart lighting surging 25%, alongside strategic distributor expansions like TriCircle in the UAE and ongoing global showroom openings.