1. China Stocks

  2. •

    Consumer durables

  3. •

    Recreational products
Alpha Group Class A

Alpha Group Class A

SSZSE:002292
9.13
CNY
+0.41
(+4.70%)
0.13EPS
51.68P/E
9.70BMarket Cap
Oct 30Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.28
1.93
2.06
2.63
2.83
2.09
2.04
1.74
1.9
1.86
1.75
1.81
1.72
1.7
Basic EPS, GAAP
0.19
0.34
0.39
0.39
0.07
-1.2
0.09
-0.33
-0.3
-0.12
0.06
-0.19
0.05
0.13
Free Cash Flow per Basic Share
0.08
0.37
-0.12
-0.1
0.02
- -
0.15
0.03
-0.09
0.04
0.1
0.14
0.07
- -
Dividend per Share
0.02
0.08
0.07
0.09
0.1
0.1
0.06
0.05
0.05
0.03
0.02
0.01
0.01
0.01
Book Value per Share
1.38
2.01
2.4
3.67
3.65
2.91
2.97
2.36
2.19
2.21
2.25
2.03
1.99
2.05
Tangible Book Value per Share
0.81
0.92
1.3
1.28
1
1.19
1.23
0.88
1.2
1.15
1.19
1.11
1.08
1.17
Basic Weighted Avg Shares
1,215
1,259
1,254
1,278
1,288
1,358
1,334
1,365
1,390
1,428
1,561
1,502
1,437
1,445
Sales/Revenue/Turnover
1,553
2,430
2,589
3,361
3,642
2,840
2,727
2,368
2,644
2,657
2,739
2,715
2,473
2,458
Operating Margin (%)
17.57
18.77
17.26
13.27
1.79
-9.89
8.36
-6.09
-11.17
-2.93
6.02
6.89
7.08
11.07
Depreciation Expense
31
51
50
56
82
88
84
90
137
122
114
104
82
- -
Net Income, GAAP
231
428
489
498
90
-1,630
120
-450
-417
-171
94
-285
72
183
Effective Tax Rate (%)
13.07
6.7
12.52
15.24
2.95
- -
0.45
- -
- -
- -
10.88
- -
30.78
26.13
Profit Margin (%)
14.86
17.62
18.89
14.83
2.47
-57.41
4.4
-19.01
-15.77
-6.45
3.42
-10.51
2.91
7.46
Working Capital
1,322
1,384
951
562
-256
186
123
-180
405
232
276
500
547
690
LT Debt
554
548
549
451
35
249
58
318
300
274
181
127
118
96
Total Equity
1,796
2,637
3,087
4,890
4,911
4,034
4,094
3,236
3,270
3,302
3,349
3,022
2,962
3,049
Return on Invested Capital (%)
10.02
12.18
11.13
7.9
0.99
- -
1.47
- -
- -
- -
1.73
- -
1.87
4.85
Return on Capital (%)
11
14.93
13.57
10.25
2.95
- -
3.68
- -
- -
- -
3.15
- -
2.27
5.06
Return on Common Equity (%)
14.55
20.23
17.57
12.74
1.88
-37.37
3.01
-12.44
-12.94
-5.26
2.84
-9.01
2.42
6.03

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
509
523
566
LT Borrowings
36
36
32
LT Finance Leases
82
74
64
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,479
1,479
1,479
Market Capitalization
13,086
11,371
9,700

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,592
1,640
1,851
Cash, Cash Equivalents & STI
533
501
579
Accounts Receivable, Net
370
475
521
Inventories
581
563
617
Total Current Liabilities
1,045
1,023
1,161
Payables & Accruals
- -
- -
- -
ST Debt
509
523
566
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.32%
-1.66%
-1.99%
Free Cash Flow
233.31%
-83.96%
-54.1%
Net Income, GAAP
-332.18%
-150.15%
-125.19%
Sales/Revenue/Turnover
0.45%
1.09%
-8.93%
Total Cash Common Dividend
-17.34%
-30.19%
-46.09%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
650
655
706
705
2,715
2025
658
541
- -
586
2,473
2026
654
678
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
- -
0.01
-0.24
-0.19
2025
0.03
-0.01
- -
0.01
0.05
2026
0.04
0.08
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Xiao Dong Cai
Full Time Employees
3,280
Sector
Consumer durables
Industry
Recreational products
Address
Qiaoxin International Financial Center Guangzhou GD China 510630
IPO Date
Sep 18, 2009
Website
gdalpha.com
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Business
Alpha Group (002292.SZ), founded in 1993 and headquartered in Guangzhou, China, operates as a leading animation and entertainment company, focusing on content creation, intellectual property development, and diversified consumer products across China and international markets. The company engages in a pan-entertainment industry chain centered on IP resources, encompassing animation production and distribution including popular series such as Pleasant Goat and Big Big Wolf, Super Wings, Smart Pet Car, Becky and Bear, Armor Hero, Little Lulu Magic Fairy, A Hundred Thousand Cold Jokes, and Honey Bees; film and television business; IP licensing and authorization; media platforms like U17 cartoon network and GDTV-6 channel; games development and operation; toys including building blocks, blind boxes, and Auldey brand products; baby products under Babytrend and Aobei brands such as strollers, car safety seats, beds, dining chairs, and walkers; and cultural performances along with theme park initiatives. It divides operations into IP content business and physical industries, targeting children and families with products like candy granules, indoor play toys, and AI-empowered IP developments. In recent developments, Alpha Group advances its IP+AI global strategy through investments such as a 10 million yuan commitment to Gongqingcheng Zhiyu Equity Fund for consumer-grade AI robots including interactive robots and figurines; plans expansion into plush products; pursues semiconductor wafer acquisitions totaling approximately 7.04 billion yuan for 300mm wafer phase II project involving Xinxing Crystal entities; and launches new IPs like Superhero Little Heroes while deepening partnerships such as with Tangchen Baijian for co-development.