Chongqing Baiya Sanitary Products Co., Ltd. Class A

Chongqing Baiya Sanitary Products Co., Ltd. Class A

SSZSE:003006
23.70
CNY
+1.43
(+6.42%)
0.46EPS
31.30P/E
6.23BMarket Cap
Chongqing Baiya Sanitary Products Co., Ltd. Class A
SZSE:003006
(Shenzhen Stock Exchange)

Recent

price

23.70

P/E

ratio

31.30

div

yld

0.00%

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.61
1.74
1.62
1.8
1.87
2.1
2.47
2.96
3.15
3.4
3.79
5.04
7.58
8.06
8.14
Revenue per Share
0.17
0.22
0.16
0.18
0.18
0.17
0.23
0.33
0.46
0.53
0.44
0.56
0.67
0.48
0.46
Basic EPS, GAAP
0.12
0.34
-0.1
-0.2
-0.03
0.12
0.09
0.28
0.39
0.18
0.48
0.58
0.41
0.15
- -
Free Cash Flow per Basic Share
- -
- -
0.26
- -
- -
- -
0.18
0.11
- -
0.3
0.3
0.3
0.55
0.54
- -
Dividend per Share
0.81
1.04
0.93
1.19
1.38
1.55
1.6
1.82
2.63
2.84
2.97
3.23
3.38
3.33
3.35
Book Value per Share
0.81
1.04
0.93
1
1.19
1.36
1.42
1.64
2.47
2.68
2.82
3.08
3.23
3.17
3.19
Tangible Book Value per Share
385
385
385
385
395
386
388
388
397
430
426
425
429
433
431
Basic Weighted Avg Shares
618
668
624
691
739
810
961
1,149
1,251
1,463
1,612
2,144
3,254
3,492
3,509
Sales/Revenue/Turnover
11.68
14.75
11.99
9.48
11.1
9.89
10.98
13.23
17.06
16.73
13.7
13.39
9.74
7.24
6.88
Operating Margin (%)
4
6
8
9
15
23
25
30
35
43
51
56
66
95
- -
Depreciation Expense
67
86
60
68
71
66
89
128
183
228
187
238
288
208
200
Net Income, GAAP
15.11
15.11
15.21
16.77
14.02
14.2
13.9
13.8
14.22
12.17
11.99
14.67
15.16
16.68
17.4
Effective Tax Rate (%)
10.86
12.87
9.67
9.79
9.63
8.09
9.3
11.15
14.59
15.58
11.62
11.11
8.84
5.95
5.7
Profit Margin (%)
233
296
230
133
85
139
122
208
574
586
648
735
689
623
635
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
2
1
- -
1
4
1
3
LT Debt
313
399
359
460
531
597
617
704
1,124
1,214
1,281
1,387
1,450
1,432
1,439
Total Equity
- -
23.25
15.21
13.27
13.21
11.34
14.5
19.1
19.76
19.05
15.08
17.79
19.48
14.08
12.81
Return on Invested Capital (%)
- -
24.03
15.85
16.09
14.16
11.36
14.43
19.43
19.98
19.79
15.04
17.82
20.09
14.18
13.02
Return on Capital (%)
- -
24.17
15.93
16.53
14.36
11.63
14.73
19.46
20
19.5
15.02
17.87
20.28
14.43
13.24
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
46
40
34
LT Borrowings
- -
- -
- -
LT Finance Leases
1
5
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
430
430
430
Market Capitalization
9,384
7,463
6,234

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,204
1,446
1,178
Cash, Cash Equivalents & STI
568
691
526
Accounts Receivable, Net
299
467
317
Inventories
235
192
230
Total Current Liabilities
581
683
543
Payables & Accruals
- -
- -
- -
ST Debt
46
40
34
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.01%
5.02%
-1.22%
Free Cash Flow
-31.27%
9.49%
-62.55%
Net Income, GAAP
14.67%
5.46%
-27.7%
Sales/Revenue/Turnover
18.28%
23.85%
7.32%
Total Cash Common Dividend
- -
- -
0.08%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
765
767
793
929
3,254
2025
995
768
- -
870
3,492
2026
1,055
815
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.24
0.18
0.14
0.11
0.67
2025
0.3
0.13
- -
-0.09
0.48
2026
0.33
0.08
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.55
2025
- -
- -
- -
- -
0.54
2026
- -
- -
- -
- -
- -
Business
Chongqing Baiya Sanitary Products Co., Ltd. researches, develops, produces and sells disposable personal hygiene products in China. The company offers sanitary napkins including ultra-thin, heavy-flow, organic cotton and probiotic PRO series variants; baby diapers and nappies; panty liners and daily safety pants; adult incontinence products; all under brands such as Freedom Point, Good Zhi, Free Point, Denim and Haozhi. Chongqing Baiya Sanitary Products operates primarily in China with production facilities in Chongqing and expansion into nationwide offline channels, peripheral provinces and e-commerce platforms; it was founded in 2010 as a successor to earlier entities dating to 1993 and maintains headquarters in Chongqing's Hi-Tech Industry Development Zone. In 2024, the company launches the Probiotic PRO Series sanitary napkins and Probiotic Series Daily Safety Pants, alongside upgrades to existing product lines to support channel expansion. It achieves robust growth with Q1 2025 revenue of CNY 995 million, up 30.1% year-over-year, and net profit attributable to shareholders of CNY 131 million, up 27.3%; nine-month 2025 sales reach CNY 2.62 billion, up from CNY 2.32 billion prior year. Chongqing Baiya Sanitary Products accelerates national market penetration, particularly in non-core provinces with over 100% growth in Q1-Q2 2025, while optimizing e-commerce strategies amid peak seasons and new product introductions; it projects 2024 net income growth of 20.7% to CNY 288 million.