Hangzhou GreatStar Industrial Co., Ltd. Class A

Hangzhou GreatStar Industrial Co., Ltd. Class A

SSZSE:002444
26.17
CNY
+1.43
(+5.78%)
2.10EPS
15.03P/E
37.15BMarket 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
2.6
2.83
3.11
3.36
3.98
5.55
6.22
8.04
9.72
11.05
9.15
12.39
12.28
12.19
Basic EPS, GAAP
0.42
0.48
0.47
0.58
0.51
0.67
0.84
1.27
1.13
1.24
1.42
1.93
2.1
2.07
Free Cash Flow per Basic Share
0.2
0.35
0.39
0.47
0.34
0.6
0.45
0.14
-0.47
1.05
1.41
1.05
1.12
- -
Dividend per Share
0.15
0.12
0.23
0.12
0.12
0.02
0.22
0.04
0.05
0.06
0.4
0.66
0.27
0.66
Book Value per Share
3.49
3.82
3.97
5.23
5.56
6.18
6.91
8.21
9.27
11.14
12.35
13.73
15.75
16.12
Tangible Book Value per Share
3.4
3.73
3.73
4.94
4.62
4.11
4.7
5.95
6.67
8.52
9.45
10.92
12.61
13.11
Basic Weighted Avg Shares
1,018
1,012
1,021
1,072
1,076
1,070
1,066
1,063
1,124
1,141
1,194
1,194
1,194
1,194
Sales/Revenue/Turnover
2,646
2,866
3,176
3,603
4,281
5,935
6,625
8,544
10,920
12,610
10,930
14,795
14,666
14,556
Operating Margin (%)
15.7
18.98
15.46
19.87
18.82
13.45
14.2
16.61
10.68
11.97
13.91
16.6
15.93
15.68
Depreciation Expense
26
42
58
69
79
102
159
175
274
312
366
393
410
- -
Net Income, GAAP
428
486
480
622
549
717
895
1,350
1,270
1,420
1,692
2,304
2,510
2,471
Effective Tax Rate (%)
18.89
23.22
22.21
25.37
21.78
16.48
13.54
12.77
11.05
13.32
14.78
14.51
13.9
12.94
Profit Margin (%)
16.16
16.95
15.11
17.25
12.82
12.08
13.51
15.8
11.63
11.26
15.48
15.57
17.11
16.98
Working Capital
1,930
1,946
1,870
3,316
3,703
3,395
2,628
4,193
4,551
6,565
6,324
7,389
8,040
7,702
LT Debt
118
122
189
- -
446
1,047
888
1,647
1,305
1,117
285
274
247
249
Total Equity
3,614
3,949
4,116
5,740
6,102
6,821
7,616
9,037
10,813
13,625
15,013
16,586
19,143
19,591
Return on Invested Capital (%)
10.67
10.73
9.51
11.13
8.35
9.73
10.18
12.22
9.28
9.47
10.04
12.61
12.54
11.76
Return on Capital (%)
11.95
11.26
10.14
11.08
8.4
9.53
10.5
13.02
9.88
9.65
10.41
12.29
12.12
11.65
Return on Common Equity (%)
13.26
13.1
12.15
12.89
9.46
11.36
12.72
16.61
13.08
11.83
11.98
14.74
14.25
13.67

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,352
1,415
2,895
LT Borrowings
- -
- -
- -
LT Finance Leases
247
264
249
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,194
1,194
1,194
Market Capitalization
40,636
35,572
37,148

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
12,099
12,268
13,665
Cash, Cash Equivalents & STI
5,341
5,148
5,809
Accounts Receivable, Net
3,032
3,370
3,320
Inventories
3,224
3,197
3,593
Total Current Liabilities
4,059
3,940
5,964
Payables & Accruals
- -
- -
- -
ST Debt
1,352
1,415
2,895
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.96%
16.35%
15.42%
Free Cash Flow
-78.4%
-152.96%
6.88%
Net Income, GAAP
19.43%
14.03%
8.95%
Sales/Revenue/Turnover
17.59%
12.89%
-0.87%
Total Cash Common Dividend
136.4%
127.05%
-58.69%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,306
3,395
4,383
3,712
14,795
2025
3,656
3,371
- -
3,510
14,666
2026
3,772
3,902
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
0.65
0.62
0.31
1.93
2025
0.39
0.68
- -
0.3
2.1
2026
0.43
0.66
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.11
0.29
0.24
0.66
2025
0.01
- -
- -
0.25
0.27
2026
0.01
0.4
- -
- -
- -

Company Description

CEO
Xiaoheng Chi
Full Time Employees
13,632
Sector
Consumer durables
Industry
Tools & hardware
Address
No. 35 Jiuhuan Road Hangzhou ZH China 310019
IPO Date
Jun 29, 2010
Business
Hangzhou Greatstar Industrial Co., Ltd (002444.SZ) manufactures and sells hand tools, power tools, and industrial tools worldwide. The company offers holding tools, mechanic tools, tool sets, fastening tools including pneumatic staplers and fasteners, cutting tools, striking tools, measuring tools such as laser measuring tools and laser radar, finishing tools, plumbing tools, automotive tools, outdoor tools, masonry and drywall tools, electric tools, insulated tools, lawn and garden tools, tool storages including tool cabinets and industrial storage cabinets, and vacuum cleaners; it serves home maintenance, construction engineering, vehicle repair, and mapping applications through sales to supermarket chains, industrial users in building materials, hardware, department stores, and auto parts, as well as via e-commerce platforms. Founded in 1993 and headquartered in Hangzhou, China, Hangzhou Greatstar operates 23 manufacturing bases globally with sales channels in over 100 countries, including subsidiaries like GreatStar Tools USA, Hangzhou Holdings, and Prime-Line Products, LLC, and partnerships with retailers such as Home Depot and Lowe's. In recent developments, the company reported first-half 2025 revenue of RMB 7.027 billion, up 4.87% year-over-year, with net profit of RMB 1.273 billion, up 6.63%, driven by power tools and cross-border e-commerce growth exceeding 30% annually amid expansion into non-U.S. markets and proprietary brands; it agreed to acquire an additional 16.51% stake in Hangzhou Nano IC Technologies Co., Ltd., provided a USD 6 million trade finance guarantee for Prime-Line Products via Citigroup, and promoted leadership changes at Arrow Fastener within GreatStar Tools USA.