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Chengdu Fusen Noble-House Industrial Co. Ltd. Class A

Chengdu Fusen Noble-House Industrial Co. Ltd. Class A

SSZSE:002818
11.25
CNY
-0.06
(-0.53%)
1.75EPS
8.91P/E
7.78BMarket Cap
Oct 26Next Earn
Chengdu Fusen Noble-House Industrial Co. Ltd. Class A
SZSE:002818
(Shenzhen Stock Exchange)

Recent

price

11.25

P/E

ratio

8.91

div

yld

8.80%

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.64
1.05
1.09
1.14
1.54
1.78
1.68
1.89
2.16
1.77
2.04
1.99
2.04
1.91
1.6
1.47
Revenue per Share
0.69
0.49
0.45
0.49
0.67
0.81
0.87
0.98
1.07
1.03
1.22
1.05
1.08
0.92
0.74
1.17
Basic EPS, GAAP
-0.04
-0.28
0.38
-0.3
0.44
0.55
0.98
0.59
0.93
0.21
0.71
1.1
0.61
1.02
1.61
- -
Free Cash Flow per Basic Share
0.13
0.06
0.06
0.07
0.14
0.04
0.3
0.63
0.52
0.15
0.6
1.21
1.08
1.08
1.04
0.99
Dividend per Share
2.68
3.67
4.57
5.56
3.39
5.1
5.67
5.95
6.56
7.42
8.08
7.93
7.92
7.77
7.47
7.99
Book Value per Share
0.68
0.29
1.29
2.35
1.84
3.73
4.23
4.09
4.77
5.67
6.23
6.12
6.17
6.07
7.44
7.97
Tangible Book Value per Share
327
673
672
677
675
685
748
750
749
751
753
746
747
750
751
748
Basic Weighted Avg Shares
536
703
736
772
1,041
1,221
1,258
1,421
1,619
1,328
1,537
1,483
1,524
1,430
1,199
1,098
Sales/Revenue/Turnover
56.99
60.66
55.08
56.15
55.23
55.9
60.24
59.41
55.67
57.72
59.38
58.69
59.41
55.73
50.8
48.88
Operating Margin (%)
81
114
138
135
192
248
252
254
248
231
203
195
188
235
229
- -
Depreciation Expense
227
332
305
331
453
556
651
735
801
773
918
783
806
690
555
872
Net Income, GAAP
15.39
14.98
15.01
16.25
15.26
15.52
15.41
15.09
16.49
15.12
14.65
14.73
14.65
16.09
14.21
11.53
Effective Tax Rate (%)
42.32
47.25
41.4
42.85
43.49
45.53
51.76
51.73
49.47
58.25
59.75
52.81
52.9
48.27
46.32
79.49
Profit Margin (%)
-254
-638
-443
-555
-765
71
559
648
1,399
1,983
2,148
1,726
1,662
1,603
1,642
3,135
Working Capital
494
426
459
721
673
20
20
20
3
3
- -
- -
- -
- -
- -
- -
LT Debt
903
1,235
1,539
1,870
2,283
3,811
4,242
4,503
4,983
5,740
6,227
6,134
6,143
6,037
5,819
6,624
Total Equity
- -
19.9
15.92
13.64
15.49
15.82
15.82
16.36
16.46
14.33
15.39
12.79
13.25
11.45
9.46
21
Return on Invested Capital (%)
- -
22.4
17.41
15.33
17.18
16.91
16.11
16.76
16.84
14.22
15.05
12.31
12.8
11.12
9.15
7.09
Return on Capital (%)
- -
31.1
21.96
19.39
21.8
18.25
16.17
16.81
16.93
14.67
15.8
13.07
13.59
11.76
9.74
15.26
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10
5
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
748
748
748
Market Capitalization
8,315
8,046
7,776

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,501
3,755
3,851
Cash, Cash Equivalents & STI
1,733
3,035
3,150
Accounts Receivable, Net
68
69
62
Inventories
495
496
501
Total Current Liabilities
860
816
716
Payables & Accruals
- -
- -
- -
ST Debt
10
5
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.2%
0.36%
-3.61%
Free Cash Flow
43.92%
75.63%
59.06%
Net Income, GAAP
3.14%
-5.38%
-19.52%
Sales/Revenue/Turnover
2.19%
-1.46%
-16.14%
Total Cash Common Dividend
102.47%
76.37%
-3.71%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
380
353
346
351
1,430
2025
330
319
- -
275
1,199
2026
258
246
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
0.2
0.28
0.19
0.92
2025
0.2
0.23
- -
0.1
0.74
2026
0.52
0.32
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.68
- -
0.4
1.08
2025
- -
0.68
- -
- -
1.04
2026
- -
0.31
- -
- -
- -
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Business
Chengdu Fusen Noble-House Industrial Co., Ltd. (002818.SZ) operates as a leading developer, lessor, and service provider of decorative building materials and home furnishing markets in China, headquartered in Chengdu, Sichuan Province, and founded in 2000. The company manages specialty stores and experience centers including high-end furniture stores, high-end building materials stores, independent brand home furnishing stores, soft-decoration living centers, Fussen Creative Design Center, and decorative materials headquarters markets; it also provides pan-home platform services encompassing decorative design, full-scale decoration, new retail operations, and financial services through subsidiaries such as Cheng Hua Microcredit. Operations span primarily the Chengdu region with expansions into Zigong, Meishan, and Luzhou areas, serving residential and commercial clients via over 10,000 brands and 3,000 merchants across 1.5 million square meters of total operating area and 1 million square meters of self-owned property. Recent developments include the advancement of the Fusenmei Tianfu project as a "headquarters port + live streaming port" integrating innovative formats like lifestyle aesthetics complexes and curator-driven ecosystems with brands such as Yiji DA Home, Run She, Na Tu, and Highway Coffee to drive online-offline fusion and industry upgrades; the company sustained stable core leasing income at 85.7% of total revenue amid market challenges while proposing a high dividend payout of 6.80 yuan per 10 shares for fiscal 2024, marking continued shareholder returns exceeding nine years.