CompanyGraphPolaris Bay Group Co. Ltd.
600155 · SSE · China
Financials as of FY2025
What stands out
- Most companies in its industry are interface businesses; this one is a production business
At a glance
- Depends onDownstream position: depends on 23 industries, supplies 5
- ScaleMarket cap is $2.03B, above the global median of $1.18B
- PositionPrice-to-book is 0.69×, lower than 95% of its Capital Markets peers (median 2.04×)
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are interface businesses; this one is a production business
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Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
13.60BCNY2.03B · vs all stocks (USD)
Trailing P/E
41.53xvs Capital Markets peers
Revenue (TTM)
3.56BCNY532.00M · vs all stocks (USD)
Profit Margin
9.59%vs Capital Markets peers
Beta
0.5670xvs all stocks
52-Week Change
-14.31%vs all stocks
Market Capitalization
13.60BCNY2.03B · vs all stocks (USD)
Enterprise Value
-1.37BCNY-204.90M · vs all stocks (USD)
Trailing P/E
41.53xvs Capital Markets peers
Forward P/E
24.92xvs Capital Markets peers
Price to Sales (TTM)
3.82xvs Capital Markets peers
Price to Book (MRQ)
0.6892xvs Capital Markets peers
Enterprise to Revenue
-0.3850xvs Capital Markets peers
Profit Margin
9.59%vs Capital Markets peers
Operating Margin
27.32%vs Capital Markets peers
Return on Assets (TTM)
0.27%vs Capital Markets peers
Return on Equity (TTM)
0.84%vs Capital Markets peers
Revenue (TTM)
3.56BCNY532.00M · vs all stocks (USD)
Revenue per Share (TTM)
1.50CNYUpdated Sep 21, 2026Quarterly Revenue Growth
37.40%vs Capital Markets peers
Gross Profit (TTM)
1.11BCNY165.38M · vs all stocks (USD)
EBITDA (TTM)
0.00CNYvs all stocks (USD)
Net Income (TTM)
341.81MCNY51.04M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
75.20%vs Capital Markets peers
Operating Cash Flow (TTM)
3.11BCNY464.42M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
182.01MCNY27.18M · vs all stocks (USD)
Payout Ratio
0.00%vs Capital Markets peers
Minority Interest (Equity)
1.10BCNYFY2025 · Dec 31, 2025Revenue
3.17BCNYFY2025 · Dec 31, 2025Pre-tax Income
180.45MCNYFY2025 · Dec 31, 2025Income Tax Expense
152.12MCNYFY2025 · Dec 31, 2025Net Income
28.33MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
513.41MCNYFY2025 · Dec 31, 2025Other Operating Expenses
508.16MCNYFY2025 · Dec 31, 2025EPS (Basic)
0.0800CNYFY2025 · Dec 31, 2025EPS (Diluted)
0.0800CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
2.28BSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
2.28BSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
28.33MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
153.68MCNYFY2025 · Dec 31, 2025Operating Cash Flow
-391.97MCNYFY2025 · Dec 31, 2025Free Cash Flow
-553.44MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
14.88BCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
28.33MCNYFY2025 · Dec 31, 2025Other Non-cash Items
17.49MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-396.47MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-41.32MCNYFY2025 · Dec 31, 2025Capital Expenditures
-161.47MCNYFY2025 · Dec 31, 2025Purchase of Investments
-2.31BCNYFY2025 · Dec 31, 2025Sale of Investments
2.57BCNYFY2025 · Dec 31, 2025Other Investing Activity
3.79MCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
102.42MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
7.66BCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-4.48BCNYFY2025 · Dec 31, 2025Common Dividends Paid
-379.81MCNYFY2025 · Dec 31, 2025Other Financing Charges
-116.35MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
2.68BCNYFY2025 · Dec 31, 2025Shares Outstanding
2.21BSharesUpdated Sep 21, 2026Float Shares
1.45BSharesUpdated Sep 21, 2026% Held by Insiders
36.22%vs all stocks
% Held by Institutions
11.38%vs all stocks
Total Cash (MRQ)
48.19BCNY7.20B · vs all stocks (USD)
Total Cash per Share (MRQ)
22.07CNYUpdated Sep 21, 2026Total Debt (MRQ)
32.55BCNY4.86B · vs all stocks (USD)
Total Debt to Equity (MRQ)
1.52xvs Capital Markets peers
Current Ratio (MRQ)
1.79xvs Capital Markets peers
Book Value per Share (MRQ)
9.04CNYUpdated Sep 21, 2026Total Assets
59.16BCNY8.83B · vs all stocks (USD)
Total Liabilities
38.08BCNYFY2025 · Dec 31, 2025Cash
12.08BCNYFY2025 · Dec 31, 2025Cash Equivalents
5.48BCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
21.69BCNYFY2025 · Dec 31, 2025Accounts Payable
81.37MCNYFY2025 · Dec 31, 2025Long-term Debt
17.04BCNYFY2025 · Dec 31, 2025Common Stock (Book)
2.21BCNYFY2025 · Dec 31, 2025Retained Earnings
1.18BCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
21.08BCNY3.15B · vs all stocks (USD)
Treasury Stock
222.26MCNYFY2025 · Dec 31, 202552-Week Low
5.18CNYUpdated Sep 21, 202652-Week High
7.98CNYUpdated Sep 21, 202652-Week Change
-14.31%vs all stocks
Beta
0.5670xvs all stocks
50-Day MA
5.92CNYUpdated Sep 21, 2026200-Day MA
6.23CNYUpdated Sep 21, 2026Avg 10-Day Volume
28.84MSharesUpdated Sep 21, 2026Avg 30-Day Volume
29.06MSharesUpdated Sep 21, 2026Diluted EPS (TTM)
0.1500CNYUpdated Sep 21, 2026Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Price-to-book is 0.69×, lower than 95% of its Capital Markets peers (median 2.04×)Notable
Price-to-book: 0.69Industry median: 2.04Industry P5: 0.87Peers compared: 78.00
Structural Tensions
Most companies in its industry are interface businesses; this one is a production businessSignificant
Industry peers: 172Share on the common pattern %: 71.00
Significant cash reserves alongside high leverageNotable
Cash (USD): 7,195,615,896.084Total Debt (USD): 4,860,659,483.648Debt-to-Equity: 1.52
Supply Chain
Downstream position: depends on 23 industries, supplies 5Notable
Outgoing: 5.00Incoming: 23.00
High connectivity hub: 28 industry connectionsNotable
Total Connections: 28.00
Scale
Market cap is $2.03B, above the global median of $1.18BNotable
Market cap (USD): 2,031,077,061.038Global Median: 1,180,223,658.953
Levered free cash flow is $27.18M, above the global median of $18.73MNotable
Levered free cash flow (USD): 27,180,165.553Global Median: 18,729,043.027
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