DO & SHUIHUA Group Co., LTD. Class A

DO & SHUIHUA Group Co., LTD. Class A

SSZSE:002798
5.58
CNY
+0.04
(+0.72%)
-0.95EPS
2.93BMarket Cap
Oct 29Next 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
2.08
2.42
2.06
1.9
2.15
11.43
14.65
14.43
16.01
10.67
10.17
7.51
5.49
4.44
Basic EPS, GAAP
0.28
0.24
0.28
0.22
0.22
1.01
1.49
1.45
0.18
-3.91
-1.78
-1.56
-1.27
-0.94
Free Cash Flow per Basic Share
0.16
-0.06
0.23
0.04
0.34
-1.75
-0.26
-1.62
-1.95
-0.43
0.8
0.11
0.31
- -
Dividend per Share
0.07
0.07
0.07
0.12
0.1
0.11
0.38
0.26
0.41
0.41
0.18
0.16
0.13
0.11
Book Value per Share
1.69
1.85
2.07
2.35
4.03
8.42
9.48
10.95
11.75
7.37
5.66
4.14
3.25
3.48
Tangible Book Value per Share
1.53
1.7
1.92
2.24
3.88
5.18
6.11
7.61
8.49
4.93
3.85
2.67
2.17
2.56
Basic Weighted Avg Shares
186
187
188
225
248
377
380
391
384
386
370
365
418
486
Sales/Revenue/Turnover
388
451
387
427
534
4,308
5,570
5,637
6,147
4,112
3,760
2,741
2,295
2,158
Operating Margin (%)
12.81
9.23
9.49
8.62
10.14
11.71
13.45
13.9
9.04
-9.19
2.89
-4.77
0.31
1.14
Depreciation Expense
8
9
11
14
14
105
154
168
216
269
257
254
251
- -
Net Income, GAAP
52
45
53
51
55
381
566
567
69
-1,508
-658
-569
-530
-459
Effective Tax Rate (%)
13.25
12.3
12.36
10.72
10.39
12.32
11.58
8.94
- -
- -
- -
- -
- -
- -
Profit Margin (%)
13.45
9.88
13.81
11.84
10.22
8.83
10.16
10.05
1.12
-36.66
-17.5
-20.76
-23.11
-21.25
Working Capital
180
184
224
414
838
902
1,114
1,338
2,503
1,081
713
-28
-123
-6
LT Debt
- -
- -
- -
- -
- -
270
333
413
1,811
1,850
1,812
1,627
1,164
800
Total Equity
315
347
388
586
1,051
3,243
3,642
4,249
4,544
2,837
2,179
1,631
1,667
2,044
Return on Invested Capital (%)
13.13
9.62
7.85
6.33
6.67
15.43
13.51
10.92
- -
- -
- -
- -
- -
- -
Return on Capital (%)
16.67
12.95
14.39
10.38
6.66
16.91
14.73
12.38
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
17.63
13.45
14.54
10.4
6.66
17.71
16.42
14.33
1.57
-40.83
-26.22
-29.86
-32.17
-25.26

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
955
974
1,086
LT Borrowings
1,037
877
697
LT Finance Leases
127
103
103
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
513
550
588
Market Capitalization
2,941
3,318
2,932

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,937
1,964
2,112
Cash, Cash Equivalents & STI
573
633
767
Accounts Receivable, Net
428
415
429
Inventories
546
537
550
Total Current Liabilities
2,061
1,993
2,118
Payables & Accruals
- -
- -
- -
ST Debt
955
974
1,086
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
29.13%
-15.36%
2.2%
Free Cash Flow
17.06%
-41.02%
216.94%
Net Income, GAAP
-179.63%
-489.13%
-6.8%
Sales/Revenue/Turnover
69.71%
-15.2%
-16.26%
Total Cash Common Dividend
34.37%
-4.41%
-4.11%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
564
825
658
693
2,741
2025
507
669
- -
535
2,295
2026
377
577
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.12
-0.03
-0.24
-1.17
-1.56
2025
-0.12
-0.1
- -
-0.78
-1.27
2026
-0.03
-0.03
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.03
0.07
0.16
2025
0.03
0.03
- -
0.05
0.13
2026
0.02
0.02
- -
- -
- -

Company Description

CEO
Yao Rongyi
Full Time Employees
3,100
Sector
Consumer durables
Industry
Home furnishings
Address
New Hope International Building Chengdu SI China 610041
IPO Date
May 25, 2016
Business
DO & SHUIHUA Group Co., Ltd. primarily engages in the manufacture and sale of sanitary ware and architectural ceramics. Its core product portfolio includes ceramic tiles, bathroom cabinets, toilets, bathtubs, showers, shower rooms, faucets, and related full-bathroom products, targeting both domestic and international markets. The company operates mainly in China and has established a well-known brand reputation domestically and abroad. Founded in 1994 and headquartered in China, DO & SHUIHUA expanded its business in 2016 through a strategic partnership with Oshennuo to establish Dior Home Furnishing Group, allowing entry into the broader pan-home sector encompassing various home furnishing products. The company has received multiple industry awards including the "Top 30 Global Ceramic Tiles" and "Advanced Technology Award" in 2024, reflecting its commitment to innovation and quality in ceramics manufacturing. In recent developments, DO & SHUIHUA completed a major rebranding, changing its name from D&O Home Collection Group Co., Ltd. to DO & SHUIHUA Group Co., Ltd. in September 2025. The company undertook a significant equity financing round in October 2025, securing approximately 360 million yuan through a share subscription agreement with Chengdu Shuihua Zhiyun Technology Co., Ltd. This capital injection aims to strengthen its financial position by replenishing capital and repaying debt. Additionally, DO & SHUIHUA announced plans to expand into the generative artificial intelligence sector, with an investment commitment of 500 million yuan to establish a dedicated AI business unit, signaling a strategic diversification beyond its traditional building material and sanitary ware markets. The company has also implemented share repurchase programs and adapted its overseas operations by reducing exposure to the American market due to anti-dumping measures on tiles. Overall, DO & SHUIHUA operates within the building materials and home furnishing industry segments, serving residential and commercial construction sectors with a comprehensive product range. Its strategic alliances, capital raising activities, product certifications, and diversification into technology-driven business lines showcase a dynamic approach to sustaining growth and competitiveness in evolving markets. This description is based on public corporate data, recent news, and financial disclosures related to DO & SHUIHUA Group Co., Ltd. as of late 2025.