XIAMEN WANLI STONE STOCK CO LTD Class A

XIAMEN WANLI STONE STOCK CO LTD Class A

SSZSE:002785
27.74
CNY
-3.08
(-9.99%)
-0.37EPS
10.04BMarket Cap
Oct 26Next 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
5.07
4.35
4.27
4.54
4.3
5.63
5.11
4.75
5.04
5.35
4.75
4.93
4.91
4.58
Basic EPS, GAAP
0.25
0.14
0.14
0.12
-0.03
0.05
-0.18
0.06
-0.11
-0.14
-0.17
-0.26
-0.36
-0.27
Free Cash Flow per Basic Share
0.08
-0.19
0.1
-0.25
-0.17
0.12
-0.01
0.13
-0.12
0.08
-0.26
-0.33
0.08
- -
Dividend per Share
0.11
0.13
0.11
0.1
0.1
0.11
0.11
0.09
0.09
0.1
0.08
0.04
0.04
0.03
Book Value per Share
3.31
3.47
3.14
3.26
3.21
3.27
3.09
3.13
3
2.93
4.22
3.9
3.52
3.61
Tangible Book Value per Share
3.11
3.28
3.01
3.12
3.08
3.15
2.98
3.04
2.91
2.85
4.15
3.81
3.43
3.52
Basic Weighted Avg Shares
151
145
151
192
215
204
200
200
200
200
207
226
226
225
Sales/Revenue/Turnover
766
631
643
873
923
1,149
1,022
950
1,007
1,070
982
1,113
1,108
1,031
Operating Margin (%)
8.88
8.31
8.18
8.49
4.67
3.46
1.76
4.66
0.45
2.61
0.85
-0.65
-1.47
-2.16
Depreciation Expense
9
9
8
7
8
9
9
9
13
12
12
19
24
- -
Net Income, GAAP
38
20
21
23
-6
10
-35
12
-23
-29
-35
-58
-82
-61
Effective Tax Rate (%)
24.52
24.53
27.49
28.29
- -
35.53
- -
13.07
- -
- -
- -
- -
- -
- -
Profit Margin (%)
4.93
3.22
3.28
2.64
-0.7
0.89
-3.43
1.27
-2.28
-2.69
-3.59
-5.2
-7.4
-5.87
Working Capital
317
303
418
439
393
402
373
375
339
284
566
422
333
375
LT Debt
4
4
3
4
1
6
5
16
15
5
9
15
17
13
Total Equity
524
543
656
687
680
691
651
660
630
621
1,021
935
828
841
Return on Invested Capital (%)
4.96
2.53
2.55
3.11
- -
0.94
- -
1.52
- -
- -
- -
- -
- -
- -
Return on Capital (%)
6.48
4.25
3.91
3.28
- -
2.37
- -
2.95
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
7.9
3.99
3.67
3.61
-1
1.58
-5.51
1.95
-3.75
-4.83
-4.55
-6.28
-9.75
-7.1

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
209
218
225
LT Borrowings
- -
- -
- -
LT Finance Leases
17
16
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
227
227
227
Market Capitalization
8,004
8,485
10,042

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,011
943
1,041
Cash, Cash Equivalents & STI
206
202
331
Accounts Receivable, Net
493
421
410
Inventories
180
177
169
Total Current Liabilities
678
614
666
Payables & Accruals
- -
- -
- -
ST Debt
209
218
225
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.96%
7.74%
-11.44%
Free Cash Flow
-374.06%
-178.53%
-125.21%
Net Income, GAAP
-109.1%
-27.28%
41.62%
Sales/Revenue/Turnover
6.49%
3.39%
-0.41%
Total Cash Common Dividend
-4.7%
-11.68%
-10.17%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
236
381
258
201
1,113
2025
227
311
312
258
1,108
2026
198
263
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
-0.01
-0.27
-0.26
2025
0.01
0.01
-0.01
-0.37
-0.36
2026
- -
0.11
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
Peng Zou
Full Time Employees
752
Sector
Non-energy minerals
Industry
Forest products
Address
Fortune Building Xiamen FU China 361012
IPO Date
Dec 23, 2015
Business
Xiamen Wanli Stone Stock Co., Ltd. is a Chinese integrated stone products company primarily engaged in the research and development, design, processing, sales, and engineering construction of architectural decorative stone and landscape stone. Founded in 1996 and headquartered in Xiamen, China, the company manufactures and supplies a wide range of products including slabs, cut-to-size stone, countertops, vanity tops, window sills, wall claddings, special shaped stone, garden and landscaping stone, sculptures, and monuments. Its products serve diverse applications in airports, high-speed rail, high-end hotels, public buildings, commercial office buildings, residential properties, and tombstone gardens. Wanli Stone operates multiple quarries and fabrication factories across regions including Fujian, Shandong, Tianjin, Hunan, Shaanxi, and Shanxi, with an annual output capacity of hundreds of thousands of cubic meters of blocks, slabs, landscaping, and special shaped stones. The company also supports extensive export activities targeting markets in China, Japan, South Korea, the United States, the European Union, and Southeast Asia. In the last two years, Xiamen Wanli Stone has undertaken strategic initiatives aligned with its "Stone as the foundation, lithium empowerment, uranium value-added" global strategy, reflecting a business expansion into resource-related projects with acquisitions underway in areas such as China Nuclear Resources. The company has also strengthened its order book in its decoration business with new contracts worth RMB 52.6 million recorded in Q2 2025, and a total backlog of approximately RMB 304 million, underscoring growth in its core decorative stone segment. Wanli Stone has recently resolved legal restrictions on shares held by its controlling shareholder, signaling improved operational stability. The firm continues to invest in upgrading its production capacity and advancing its integrated stone product manufacturing and engineering service capabilities, reinforcing its position in a highly competitive global stone products industry. Xiamen Wanli Stone Stock Co., Ltd. is listed on the Shenzhen Stock Exchange (Ticker: 002785.SZ) and combines natural stone resources with advanced processing technologies to serve a broad industrial clientele in construction and landscaping sectors, leveraging its integrated value chain from quarrying to international sales.