CompanyGraphGuangzhou Pearl River Piano Group Co., Ltd.
002678 · SZSE · China
pearlriverpiano.comFinancials as of FY2025
At a glance
- Depends onUpstream position: supplies 5 industries, depends on 2
- PositionOperating margin is -34%, lower than 95% of its Leisure peers (median 8.4%)
- FinancialsAltman Z-Score 6.27: safe zone
- Interpretations2 currently firing — 2
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Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
6.64BCNY986.50M · vs all stocks (USD)
Revenue (TTM)
588.20MCNY87.36M · vs all stocks (USD)
Profit Margin
-62.52%vs Leisure peers
Beta
0.6500xvs all stocks
52-Week Change
-2.40%vs all stocks
Market Capitalization
6.64BCNY986.50M · vs all stocks (USD)
Enterprise Value
6.05BCNY898.43M · vs all stocks (USD)
Forward P/E
26.33xvs Leisure peers
Price to Sales (TTM)
10.95xvs Leisure peers
Price to Book (MRQ)
2.11xvs Leisure peers
Enterprise to Revenue
10.28xvs Leisure peers
Enterprise to EBITDA
-21.03xvs Leisure peers
Gross Margin
10.93%vs Leisure peers
Profit Margin
-62.52%vs Leisure peers
Operating Margin
-34.04%vs Leisure peers
Return on Assets (TTM)
-5.79%vs Leisure peers
Return on Equity (TTM)
-11.54%vs Leisure peers
Revenue (TTM)
588.20MCNY87.36M · vs all stocks (USD)
Revenue per Share (TTM)
0.4230CNYUpdated Aug 20, 2026Quarterly Revenue Growth
15.00%vs Leisure peers
Gross Profit (TTM)
-67.88MCNY-10.08M · vs all stocks (USD)
EBITDA (TTM)
-287.60MCNY-42.71M · vs all stocks (USD)
Net Income (TTM)
-367.73MCNY-54.62M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
-5.44%vs Leisure peers
Operating Cash Flow (TTM)
-112.84MCNY-16.76M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-168.58MCNY-25.04M · vs all stocks (USD)
5-Year Average Dividend Yield
0.46%vs all stocks
Payout Ratio
0.00%vs Leisure peers
Minority Interest (Equity)
23.70MCNYFY2025 · Dec 31, 2025Revenue
569.66MCNYFY2025 · Dec 31, 2025Cost of Goods Sold
554.26MCNYFY2025 · Dec 31, 2025Gross Profit
15.41MCNYFY2025 · Dec 31, 2025Operating Income
-269.71MCNY-40.06M · vs all stocks (USD)
Pre-tax Income
-355.52MCNYFY2025 · Dec 31, 2025Income Tax Expense
25.42MCNYFY2025 · Dec 31, 2025Net Income
-380.94MCNYFY2025 · Dec 31, 2025EBIT
-350.60MCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
-167.06MCNYFY2025 · Dec 31, 2025Research & Development
34.40MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
74.16MCNYFY2025 · Dec 31, 2025Other Operating Expenses
21.28MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
18.60MCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
4.93MCNYFY2025 · Dec 31, 2025EPS (Basic)
-0.2800CNYFY2025 · Dec 31, 2025EPS (Diluted)
-0.2800CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
1.34BSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
1.34BSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-380.94MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
6.97MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
-303.42MCNYFY2025 · Dec 31, 2025Free Cash Flow
-426.96MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
688.07MCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-380.94MCNYFY2025 · Dec 31, 2025Other Non-cash Items
5.34MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-30.89MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
103.07MCNYFY2025 · Dec 31, 2025Capital Expenditures
-123.54MCNYFY2025 · Dec 31, 2025Net Acquisitions
0.00CNYFY2025 · Dec 31, 2025Purchase of Investments
-1.59BCNYFY2025 · Dec 31, 2025Sale of Investments
1.61BCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
-105.14MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
163.45MCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-74.71MCNYFY2025 · Dec 31, 2025Common Dividends Paid
-5.38MCNYFY2025 · Dec 31, 2025Other Financing Charges
-309.32KCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
83.05MCNYFY2025 · Dec 31, 2025Shares Outstanding
1.36BSharesUpdated Aug 20, 2026Float Shares
268.68MSharesUpdated Aug 20, 2026% Held by Insiders
84.38%vs all stocks
% Held by Institutions
0.20%vs all stocks
Total Cash (MRQ)
685.19MCNY101.76M · vs all stocks (USD)
Total Cash per Share (MRQ)
0.5040CNYUpdated Aug 20, 2026Total Debt (MRQ)
314.90MCNY46.77M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.1027xvs Leisure peers
Current Ratio (MRQ)
6.69xvs Leisure peers
Book Value per Share (MRQ)
2.24CNYUpdated Aug 20, 2026Total Assets
3.82BCNY567.20M · vs all stocks (USD)
Total Current Assets
1.93BCNYFY2025 · Dec 31, 2025Total Liabilities
696.57MCNYFY2025 · Dec 31, 2025Total Non-current Assets
1.89BCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
389.50MCNYFY2025 · Dec 31, 2025Total Current Liabilities
307.06MCNYFY2025 · Dec 31, 2025Cash
688.94MCNYFY2025 · Dec 31, 2025Cash Equivalents
437.02KCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
689.38MCNYFY2025 · Dec 31, 2025Other Short-term Investments
88.00MCNYFY2025 · Dec 31, 2025Accounts Receivable
96.89MCNYFY2025 · Dec 31, 2025Inventory
1.00BCNYFY2025 · Dec 31, 2025Accounts Payable
60.52MCNYFY2025 · Dec 31, 2025Short-term Debt
87.17MCNYFY2025 · Dec 31, 2025Other Current Liabilities
3.51MCNYFY2025 · Dec 31, 2025Long-term Debt
240.55MCNYFY2025 · Dec 31, 2025Other Non-current Liabilities
1.73MCNYFY2025 · Dec 31, 2025Common Stock (Book)
1.36BCNYFY2025 · Dec 31, 2025Retained Earnings
531.96MCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
3.12BCNY463.74M · vs all stocks (USD)
Treasury Stock
0.00CNYFY2025 · Dec 31, 202552-Week Low
3.72CNYUpdated Aug 20, 202652-Week High
6.99CNYUpdated Aug 20, 202652-Week Change
-2.40%vs all stocks
Beta
0.6500xvs all stocks
50-Day MA
4.47CNYUpdated Aug 20, 2026200-Day MA
5.28CNYUpdated Aug 20, 2026Avg 10-Day Volume
13.24MSharesUpdated Aug 20, 2026Avg 30-Day Volume
11.04MSharesUpdated Aug 20, 2026Diluted EPS (TTM)
-0.2700CNYUpdated Aug 20, 20262 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsIs this company financially stable?
Liquidity Ratios Elevated
It can cover near-term bills from cash alone, not just from inventory.
Reads
Low-Leverage Liquidity Configuration
Cash on hand covers most or all of its debt, and its equity share of assets is high for its industry.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Operating margin is -34%, lower than 95% of its Leisure peers (median 8.4%)Significant
Operating margin: -0.34Industry median: 0.08Industry P5: -0.25Peers compared: 60.00
Profit margin is -62.5%, lower than 95% of its Leisure peers (median 4.3%)Significant
Profit margin: -0.63Industry median: 0.04Industry P5: -0.49Peers compared: 60.00
Current ratio is 6.69×, higher than 95% of its Leisure peers (median 1.83×)Significant
Current ratio: 6.69Industry median: 1.83Industry P95: 5.18Peers compared: 60.00
Financial Health
Altman Z-Score 6.27: safe zoneNotable
Altman Z-Score: 6.27
Supply Chain
Upstream position: supplies 5 industries, depends on 2Notable
Outgoing: 5.00Incoming: 2.00
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