Hangzhou Robam Appliances Co., Ltd. Class A

Hangzhou Robam Appliances Co., Ltd. Class A

SSZSE:002508
16.10
CNY
+0.19
(+1.19%)
1.09EPS
13.22P/E
13.82BMarket Cap
Oct 28Next 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
2.85
3.81
4.84
6.15
7.4
7.81
8.2
8.57
10.74
10.91
11.83
11.87
10.71
9.82
Basic EPS, GAAP
0.41
0.61
0.88
1.28
1.54
1.55
1.68
1.75
1.41
1.67
1.83
1.67
1.33
1.11
Free Cash Flow per Basic Share
0.22
0.48
0.9
1.43
1.19
1.4
1.36
1.32
0.99
1.53
2.18
1.48
1.43
- -
Dividend per Share
0.08
0.14
0.17
0.31
0.38
0.75
0.8
0.5
0.5
0.5
0.5
1.5
1
0.5
Book Value per Share
2.17
2.65
3.34
4.35
5.54
6.37
7.23
8.48
9.09
10.26
11.09
11.83
12.17
12.29
Tangible Book Value per Share
2.08
2.55
3.24
4.25
5.37
6.08
6.92
8.15
8.76
9.96
10.85
11.61
11.96
12.09
Basic Weighted Avg Shares
932
941
939
943
949
951
946
949
944
942
947
945
944
948
Sales/Revenue/Turnover
2,654
3,589
4,543
5,795
7,017
7,425
7,761
8,129
10,148
10,272
11,202
11,213
10,116
9,308
Operating Margin (%)
15.38
16.92
19.56
21.73
22.82
20.57
22.16
22.74
20.94
17.21
16.87
14.41
12.83
12.21
Depreciation Expense
35
38
46
80
87
95
105
109
125
148
176
186
184
- -
Net Income, GAAP
386
574
830
1,207
1,461
1,474
1,590
1,661
1,332
1,572
1,733
1,577
1,256
1,048
Effective Tax Rate (%)
14.86
14.52
14.54
14.06
13.68
12.83
13.75
13.41
12
12.11
13.67
12.82
13.35
12.61
Profit Margin (%)
14.53
16
18.28
20.83
20.82
19.85
20.49
20.43
13.12
15.31
15.47
14.07
12.41
11.26
Working Capital
1,579
1,863
2,159
3,166
4,098
4,748
5,495
6,518
6,608
7,227
5,613
4,752
3,266
6,730
LT Debt
- -
- -
- -
- -
- -
- -
- -
15
26
19
11
10
8
7
Total Equity
2,042
2,481
3,166
4,125
5,257
6,131
6,974
8,194
8,766
9,858
10,631
11,266
11,572
11,682
Return on Invested Capital (%)
19.5
23.83
28.14
30.57
30.37
25.65
24.38
22.01
16.17
17.96
18.4
15.47
11.46
8.72
Return on Capital (%)
19.21
25.7
27.5
31.25
29.46
25.7
23.9
21.59
15.53
17.01
17.01
14.51
11.08
9.04
Return on Common Equity (%)
20.5
25.43
29.39
33.07
31.12
26.07
24.63
22.27
15.97
17.13
17.11
14.54
11.08
9.06

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
100
100
107
LT Borrowings
- -
- -
- -
LT Finance Leases
8
7
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
945
945
945
Market Capitalization
18,285
19,957
13,816

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8,754
8,992
11,452
Cash, Cash Equivalents & STI
4,466
4,619
4,210
Accounts Receivable, Net
1,502
1,431
1,601
Inventories
1,360
1,295
1,419
Total Current Liabilities
5,488
4,635
4,721
Payables & Accruals
- -
- -
- -
ST Debt
100
100
107
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.16%
7.19%
2.71%
Free Cash Flow
9.14%
7.23%
-3.91%
Net Income, GAAP
5.87%
-4.18%
-20.38%
Sales/Revenue/Turnover
8.92%
5.09%
-9.78%
Total Cash Common Dividend
33.51%
33.14%
-33.19%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,237
2,492
2,666
3,817
11,213
2025
2,076
2,531
- -
2,804
10,116
2026
1,963
2,009
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.42
0.38
0.47
0.4
1.67
2025
0.36
0.39
- -
0.1
1.33
2026
0.32
0.29
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.5
0.5
0.5
- -
1.5
2025
- -
0.5
- -
- -
1
2026
- -
- -
- -
- -
- -

Company Description

CEO
Fu Jia Ren
Full Time Employees
4,980
Sector
Consumer durables
Industry
Electronics/Appliances
Address
No. 592, Linping Avenue Hangzhou ZH China 311100
IPO Date
Nov 9, 2010
Website
robam.com
Business
Hangzhou Robam Appliances Co., Ltd. (002508.SZ) engages primarily in the research, development, production, and sales of kitchen appliances under the ROBAM brand in China and select international markets; the company offers a comprehensive portfolio of products including range hoods, gas hobs, disinfection cabinets, combi-steam ovens, electric steam ovens, electric ovens, dishwashers, water purifiers, gas water heaters, integrated stoves, and small home appliances such as steamers, microwaves, and induction cookers. Founded in 1979 and headquartered at No. 592 Linping Avenue, Yuhang Economic Development Zone, Hangzhou, Zhejiang Province, China, Robam operates through offline retail, e-commerce, refined decoration engineering, and overseas channels targeting regions like North America, Australia, and Southeast Asia; it maintains subsidiaries including Hangzhou MingQi Electric Co., Ltd., Shengzhou Kinde Intelligent Kitchen Appliance Co., Ltd., and Hangzhou Jinhe Electric Appliances Co., Ltd., while focusing on high-end positioning, innovation in digital kitchen ecosystems, and multi-brand strategies encompassing ROBAM, MingQi, Kinde, and De Dietrich. In recent developments, the company launched the AI-powered "God of Cookery" cooking model and "Chic Series" products like the G1 set and Guangyan S1 Plus dishwasher in 2024, alongside collaborations such as with China Academy of Art for the Chuan HT730 gas water heater artist edition and Xiaohongshu for kitchen aesthetics initiatives; it introduced the 2024 Stock Option Incentive Plan granting 5.69 million options to 337 individuals on May 20, 2024, released an international range hood standard under IEC, and earned awards including AWE Top Award for the iH1 combi-steam oven and AWE Design Award for the 9ZC23 integrated stove, while advancing user-centric operations via a Customer Data Platform and responding to trade-in policies with promotions like half-price replacements.