Zhi Sheng Group Holdings Limited logo

Zhi Sheng Group Holdings Limited

8370.HK

HKSEIndustrialsBusiness Equipment & Supplies

Latest quote

HK$6.67

−HK$0.04 · -0.60%

Aug 25, 3:56 PM HKT

8370.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Zhi Sheng Group Holdings Limited functions as an investment holding company, with its primary focus on the manufacturing and distribution of office furnishings across the People's Republic of China. The company organizes its operations into two main divisions: Office Furniture and Data Centre. Beyond its core furniture business, it also engages in trading various interior decor items such as carpets, drapes, wall coverings, flooring, and panels. Additionally, it provides services related to data center management and information technology administration. Its diverse client base includes government agencies, financial sector institutions, and a variety of other organizations. Established in 1996 with its headquarters located in Chengdu, People's Republic of China, the company was formerly known as Smart Raise International Holdings Limited before adopting its current name in April 2016.

Industry
Business Equipment & Supplies
Sector
Industrials
Headquarters
CN
CEO
Ningning Lai
Listed since
Jan 20, 2017
Employees
211

Market position

52-week range

Current HK$6.67

Open
HK$6.67
Previous close
HK$6.71
Volume
11.2K
0.16× average
Average volume
68.96K
Average daily volume
Market cap
1.04B HKD
Beta
-0.63
Market reference 1
50-day average
HK$6.3441
+5.14% above average
200-day average
HK$5.7193
+16.62% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
595.65M CNY
P/E (TTM)
-63.52×
P/B (TTM)
28.65×
P/S (TTM)
14.17×
EV / EBITDA
-90.31×
Earnings yield
-2.39%
Free cash flow yield
-1.12%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
14.30%
Operating margin
-28.93%
Net margin
-21.43%
Return on equity
-40.67%
Return on assets
-10.32%
Return on invested capital
-13.05%

Financial health

Debt / equity
0.95×
Current ratio
1.23×
Altman Z-score
3.77
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends45%3%-40%-82%Gross margin, FY2018: 34.80%Gross margin, FY2019: 22.04%Gross margin, FY2020: 7.15%Gross margin, FY2022: 9.77%Gross margin, FY2024: 21.70%Operating margin, FY2018: 8.26%Operating margin, FY2019: -35.88%Operating margin, FY2020: -26.37%Operating margin, FY2022: -66.30%Operating margin, FY2024: -17.88%Net margin, FY2018: 6.65%Net margin, FY2019: -33.88%Net margin, FY2020: -32.70%Net margin, FY2022: -71.46%Net margin, FY2024: -21.00%FY2018FY2019FY2020FY2022FY2024
Gross margin FY2018 34.80%. Gross margin FY2019 22.04%. Gross margin FY2020 7.15%. Gross margin FY2022 9.77%. Gross margin FY2024 21.70%. Operating margin FY2018 8.26%. Operating margin FY2019 -35.88%. Operating margin FY2020 -26.37%. Operating margin FY2022 -66.30%. Operating margin FY2024 -17.88%. Net margin FY2018 6.65%. Net margin FY2019 -33.88%. Net margin FY2020 -32.70%. Net margin FY2022 -71.46%. Net margin FY2024 -21.00%.

Income trends

Revenue

69.45M CNY-37.34%

Operating income

−12.41M CNY+83.11%

Net income

−14.58M CNY+81.59%
Income trends across reported periods129.83M CNY53.82M CNY−22.19M CNY−98.2M CNYRevenue, FY2018: 74.87M CNYRevenue, FY2019: 48.61M CNYRevenue, FY2020: 82.42M CNYRevenue, FY2022: 110.83M CNYRevenue, FY2024: 69.45M CNYOperating income, FY2018: 6.19M CNYOperating income, FY2019: −17.44M CNYOperating income, FY2020: −21.74M CNYOperating income, FY2022: −73.48M CNYOperating income, FY2024: −12.41M CNYNet income, FY2018: 4.98M CNYNet income, FY2019: −16.47M CNYNet income, FY2020: −26.95M CNYNet income, FY2022: −79.2M CNYNet income, FY2024: −14.58M CNYFY2018FY2019FY2020FY2022FY2024
Revenue FY2018 74.87M CNY. Revenue FY2019 48.61M CNY. Revenue FY2020 82.42M CNY. Revenue FY2022 110.83M CNY. Revenue FY2024 69.45M CNY. Operating income FY2018 6.19M CNY. Operating income FY2019 −17.44M CNY. Operating income FY2020 −21.74M CNY. Operating income FY2022 −73.48M CNY. Operating income FY2024 −12.41M CNY. Net income FY2018 4.98M CNY. Net income FY2019 −16.47M CNY. Net income FY2020 −26.95M CNY. Net income FY2022 −79.2M CNY. Net income FY2024 −14.58M CNY.
Metric (CNY)FY2024FY2022FY2020FY2019FY2018
Revenue69.45M CNY110.83M CNY82.42M CNY48.61M CNY74.87M CNY
Cost of goods sold54.38M CNY100.01M CNY76.53M CNY37.9M CNY48.81M CNY
Gross profit15.07M CNY10.82M CNY5.89M CNY10.71M CNY26.05M CNY
Selling, general, and administrative24.35M CNY26.67M CNY31.26M CNY29.03M CNY21.29M CNY
Operating expenses27.48M CNY26.66M CNY30.86M CNY28.87M CNY21.2M CNY
Interest income143.58K CNY4.43M CNY2.56M CNY243K CNY1.28M CNY
Interest expense2.43M CNY9.88M CNY4.58M CNY130K CNY
Depreciation and amortization760K CNY62.67M CNY23.8M CNY5.5M CNY4.5M CNY
Operating income−12.41M CNY−73.48M CNY−21.74M CNY−17.44M CNY6.19M CNY
Net income−14.58M CNY−79.2M CNY−26.95M CNY−16.47M CNY4.98M CNY

Company facts updated Aug 25, 2026.

Earnings

Latest EPS result
-0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0.01-0.02-0.03-0.05Q1 '23Q2 '23
Q1 2023, reported Feb 14, 2023: actual -0.006, estimate —, surprise —, Comparison unavailable. Q2 2023, reported May 12, 2023: actual -0.008, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates40.67M33.24M25.8M18.37MQ1 '23Q2 '23
Q1 2023, reported Feb 14, 2023: actual 39.11M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported May 12, 2023: actual 19.93M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Feb 14, 2024

1:10

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