1. China Stocks

  2. •

    Producer manufacturing

  3. •

    Building products
Zhejiang Walrus New Material Co., Ltd. Class A

Zhejiang Walrus New Material Co., Ltd. Class A

SSZSE:003011
17.33
CNY
+0.09
(+0.52%)
0.85EPS
21.40P/E
1.87BMarket Cap
Oct 29Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.98
7.61
11.13
11.13
14.69
17.42
18.48
15.76
13.38
11.89
11.58
Basic EPS, GAAP
0.45
0.01
1.27
1.79
2.26
0.94
2.07
0.45
0.49
0.98
0.85
Free Cash Flow per Basic Share
-0.92
-0.04
-2.22
-0.71
-0.49
-5.35
0.79
0.34
2.44
1.68
- -
Dividend per Share
0.13
0.1
0.08
0.25
0.23
0.33
0.48
0.71
0.69
0.66
0.51
Book Value per Share
0.98
1.49
3.77
5.43
11.79
12.4
14.22
13.83
13.8
13.73
13.52
Tangible Book Value per Share
0.98
1.49
3.38
4.85
11.25
11.07
12.89
12.34
12.37
12.46
12.27
Basic Weighted Avg Shares
42
51
70
77
83
103
103
101
102
101
102
Sales/Revenue/Turnover
208
389
784
859
1,224
1,798
1,894
1,599
1,368
1,206
1,182
Operating Margin (%)
14.74
6.02
14.81
19.57
18.37
7.4
11.69
11.82
16.47
15.12
16.69
Depreciation Expense
6
9
17
29
39
57
69
92
108
98
- -
Net Income, GAAP
19
1
90
138
188
97
212
46
50
99
87
Effective Tax Rate (%)
5.87
85.02
12.65
10.91
7.69
3.72
3.76
16.78
22.39
5.89
9.03
Profit Margin (%)
9.04
0.19
11.43
16.11
15.38
5.39
11.2
2.85
3.66
8.25
7.33
Working Capital
-19
4
-14
15
593
191
159
87
323
424
367
LT Debt
- -
4
11
55
2
46
36
9
128
102
14
Total Equity
41
95
290
418
1,210
1,273
1,460
1,420
1,417
1,410
1,388
Return on Invested Capital (%)
- -
0.46
27.42
22.67
17.53
5.67
10.65
2.24
2.67
5.58
5.14
Return on Capital (%)
- -
1.03
29.62
25.09
18.84
6.89
11.68
2.95
3.2
5.84
5.19
Return on Common Equity (%)
- -
1.08
46.53
39.07
23.12
7.81
15.53
3.17
3.53
7.04
6.14

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
374
273
239
LT Borrowings
91
5
5
LT Finance Leases
11
10
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
103
103
103
Market Capitalization
2,263
2,496
1,866

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,016
807
871
Cash, Cash Equivalents & STI
374
200
209
Accounts Receivable, Net
259
265
301
Inventories
253
220
211
Total Current Liabilities
592
465
503
Payables & Accruals
- -
- -
- -
ST Debt
374
273
239
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
3.28%
-0.52%
Free Cash Flow
- -
332.35%
-31.52%
Net Income, GAAP
- -
20.03%
98.52%
Sales/Revenue/Turnover
- -
2.08%
-11.84%
Total Cash Common Dividend
- -
33.11%
-3.97%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
301
386
340
341
1,368
2025
271
333
- -
278
1,206
2026
270
301
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
-0.05
-0.04
0.48
0.49
2025
0.24
0.4
- -
0.09
0.98
2026
0.11
0.26
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.63
0.04
-0.01
0.69
2025
0.02
0.32
- -
- -
0.66
2026
0.01
0.2
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Shu Fang Wang
Full Time Employees
1,196
Sector
Producer manufacturing
Industry
Building products
Address
Building 3 Jiaxing ZH China 314400
IPO Date
Sep 30, 2020
Website
haixiang.com.cn
Similar Companies
Antelope Enterprise Holdings Limited (NASDAQ:AEHL)
Olenox Industries Inc. (NASDAQ:OLOX)
Kajaria Ceramics Limited (NSE:KAJARIACER)
Usak Seramik Sanayii A.S. (BIST:USAK)
Europen Endustri Insaat Sanayi ve Ticaret A.S. (BIST:EUREN)
Kaleseramik Canakkale Kalebodur Seramik A.S. (BIST:KLSER)
Business
Zhejiang Walrus New Material Co., Ltd. Zhejiang Walrus New Material Co., Ltd. engages in the research, development, production, and sale of polyvinyl chloride (PVC) flooring products in China and overseas markets. The company offers luxury vinyl tile (LVT) flooring, wood plastic composite (WPC) flooring, stone plastic composite (SPC) flooring, and tone plastic composite flooring, applied in shopping malls, hotels, hospitals, office buildings, schools, stadiums, and residential properties; it also conducts wholesale and retail trade. Founded in 2013 and headquartered in Haining City, Zhejiang Province, China, the company operates within the construction supplies and fixtures sector, serving public buildings and residential customers primarily through domestic channels supplemented by international distribution. In recent developments, Zhejiang Walrus New Material implements an equity buyback plan announced in March 2025, with tranche updates reported in October 2025; it approved an interim cash dividend on A shares payable in September 2025. The company agreed to acquire a 7.06% stake in Haining Qiyuan Intelligent Technology Co., Ltd., expanding its strategic interests. It maintains certifications including national high-tech enterprise status and green product recognition, supporting ongoing operations with 1,128 employees.