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Guangdong Qunxing Toys Joint-Stock Co., Ltd. Class A

Guangdong Qunxing Toys Joint-Stock Co., Ltd. Class A

SSZSE:002575
4.92
CNY
+0.12
(+2.50%)
-0.09EPS
3.53BMarket Cap
Guangdong Qunxing Toys Joint-Stock Co., Ltd. Class A
SZSE:002575
(Shenzhen Stock Exchange)

Recent

price

4.92

P/E

ratio

- -

div

yld

0.01%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.06
0.91
0.84
0.84
0.69
0.54
0.39
0.1
0.03
0.04
0.15
0.08
0.15
0.14
0.6
0.71
0.78
Revenue per Share
0.13
0.1
0.07
0.04
0.03
0.03
0.02
-0.04
0.01
-0.11
0.04
0.03
0.02
0.02
-0.03
-0.04
-0.08
Basic EPS, GAAP
0.05
-0.2
-0.2
-0.04
-0.09
0.15
0.02
0.06
0.02
0.01
0.03
-0.03
0.02
0.04
-0.18
0.14
- -
Free Cash Flow per Basic Share
0.06
0.01
0.02
0.01
0.03
0.05
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.43
1.45
1.5
1.53
1.53
1.52
1.54
1.51
1.53
1.35
1.3
1.27
1.28
1.27
1.3
1.36
1.3
Book Value per Share
0.36
1.4
1.32
1.36
1.36
1.35
1.35
1.4
1.46
1.28
1.23
1.2
1.22
1.21
1.24
1.31
1.24
Tangible Book Value per Share
440
539
599
598
588
589
638
535
692
598
612
656
565
459
613
660
664
Basic Weighted Avg Shares
466
493
505
501
404
319
251
54
19
24
91
51
85
62
370
470
516
Sales/Revenue/Turnover
14.78
11.51
7.42
5.6
3.77
1.03
-7.68
-50.83
-76.78
-39.55
19.19
24.72
1.99
11.05
-7.61
-6.85
-2.96
Operating Margin (%)
8
9
12
17
22
24
24
5
2
2
2
5
1
1
7
59
- -
Depreciation Expense
58
52
44
24
15
18
13
-21
7
-66
24
20
11
9
-18
-26
-56
Net Income, GAAP
13.52
13.2
12.94
13.02
15.73
10.62
9.64
- -
0.01
- -
21.14
1.05
- -
18.05
- -
- -
- -
Effective Tax Rate (%)
12.37
10.63
8.63
4.89
3.68
5.69
5.09
-39.7
36.34
-273.22
26.87
38.42
13.3
14.73
-4.98
-5.61
-10.79
Profit Margin (%)
64
708
438
413
245
249
329
302
302
179
204
257
314
337
41
124
149
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
12
15
- -
1
5
5
7
LT Debt
188
854
884
902
903
895
908
891
899
863
836
783
795
816
832
838
795
Total Equity
22.28
8.97
4.44
2.59
1.55
1.64
1.27
- -
0.82
- -
2.98
2.28
- -
1.23
- -
- -
- -
Return on Invested Capital (%)
25.21
9.68
4.93
2.83
1.85
2.14
1.48
- -
0.77
- -
2.73
2.49
- -
1.09
- -
- -
- -
Return on Capital (%)
36.19
10.05
5.02
2.74
1.65
2.02
1.42
-2.38
0.77
-7.59
2.99
2.48
1.43
1.14
-2.23
-3.15
-6.86
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10
10
10
LT Borrowings
- -
- -
- -
LT Finance Leases
5
5
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
617
617
617
Market Capitalization
3,810
5,154
3,526

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
208
222
223
Cash, Cash Equivalents & STI
144
156
148
Accounts Receivable, Net
31
33
29
Inventories
13
23
35
Total Current Liabilities
85
84
74
Payables & Accruals
- -
- -
- -
ST Debt
10
10
10
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.61%
0.12%
0.7%
Free Cash Flow
-110.43%
-241.74%
-183.39%
Net Income, GAAP
-195.5%
-67.6%
43.54%
Sales/Revenue/Turnover
65.62%
103.21%
27.32%
Total Cash Common Dividend
- -
- -
322.46%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
26
101
103
140
370
2025
73
103
- -
190
470
2026
64
159
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Guangdong Qunxing Toys Joint-Stock Co., Ltd. (002575.SZ) is a China-based company primarily engaged in intelligent computing business, alcohol sales, property leasing, industrial park operations, and property management services. The company offers mid-to-high-end alcohol products; toys including electronic plastic toys, baby carriages, trolleys, cribs, walkers, tricycles, luggage carts, bicycles, electric vehicles, bassinets, rocking chairs, and children's shakers; plastic products; hardware products; animation software design, development, and production services; waste plastic recycling and processing services; strategic consulting, industrial mergers and acquisitions consulting, financing consulting, and project investment feasibility analysis services; company-owned property leasing; and entrepreneurial park operation services. Founded in 1996 and headquartered in Shantou City, Guangdong Province, China, with operations focused on the domestic market, the company previously specialized in the research, development, design, production, and sale of electronic toys before diversifying into its current segments. In recent developments, the company elected Zhang Jincheng as chairman and pursued entry into the intelligent computing leasing sector, securing significant contracts such as a large deal with Tencent worth hundreds of millions and collaborations including with China Mobile in January 2024. It initiated a major asset restructuring in February 2025 to acquire no less than 51% equity in Hangzhou Tiankuan Technology Co., Ltd., an AI computing services provider, to complement its computing power leasing business that generated RMB 18.11 million in revenue in the first half of 2025; however, the plan was terminated in October 2025 due to failure to agree on transaction price and terms, marking the fifth such unsuccessful restructuring attempt since 2014. Additionally, the company reported a net loss widening to RMB 17.06 million in the first half of 2025 amid high costs in the nascent intelligent computing segment, while maintaining its alcohol sales and property-related operations.