002043.SZ
Premium GrowerDeHua TB New Decoration Material Co.,Ltd · Basic Materials · China · $1.6B cap · $25.9M/day traded
CNY 12.60 -1.2% · close 12 Nov · scored 13 Nov
Premium Grower: Strong business with the market behind it, priced at a premium.
As of 13 Nov 2026, the MoatMap Score for DeHua TB New Decoration Material Co.,Ltd (002043.SZ) is 78/100, ranked against 25,000+ stocks in 38 markets (Quality 80, Value 45, Momentum 50, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT DEHUA TB NEW DECORATION MATERIAL CO.,LTD
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DeHua TB New Decoration Material Co., Ltd. manufactures engineered wood panels, decorative veneers, and home furnishing products under the 'Bunny' brand. The company is the leading brand in China's eco-friendly wooden panel industry, supported by a massive nationwide distributor network. It is a premium home improvement brand with strong pricing power and a transition toward customized whole-house solutions.
FINANCIAL SUMMARY (CNY)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.9B | 9.1B | 9.2B | 8.9B | -0.1% | 9.4B | 9.9B | 11.1B | 11.7% |
| EPS (CNY) | 0.59 | 0.84 | 0.71 | 0.86 | 13.4% | 0.67 | 0.86 | 1.04 | 10.2% |
| Shares | 772.8M | 839.8M | 832.1M | 829.8M | +7.4% | 829.8M | — | — | — |
| Debt | 435.3M | 109.2M | 89.8M | 43.9M | -53.5% | 29.9M | — | — | — |
| Equity | 2.3B | 3.2B | 3.0B | 3.3B | 12.0% | — | — | — | — |
| Op CF | 933.5M | 1.9B | 1.2B | 863.3M | -2.6% | 889.0M | — | — | — |
| Inv CF | 226.3M | 28.2M | -1.1B | -341.1M | — | — | — | — | — |
| Fin CF | -1.1B | -389.4M | -934.3M | -621.5M | — | — | — | — | — |
20% above its 52-week low and back above a rising 50-day average since 4 Nov 2026.
Swung more than 51% of stocks we rank over the past year (volatility 43% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up (this stock): It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 002043.SZ are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| 002043.SZ | DeHua TB New Decoration Material Co.,Ltd(you) | $1.6B | 78 |
| 000592.SZ | Zhongfu Straits (Pingtan) Development Company Limited | $2.0B | 11 |
| 002233.SZ | Guangdong Tapai Group Co., Ltd. | $1.3B | 77 |
| 1866.HK | China XLX Fertiliser Ltd. | $1.5B | 74 |
| 603995.SS | Yongjin Technology Group Co., Ltd. | $1.3B | 80 |
| 002588.SZ | Stanley Agriculture Group Co.,Ltd. | $1.2B | 80 |
| 000672.SZ | Gansu Shangfeng Materials Co., Ltd. | $2.0B | 73 |
| 002258.SZ | Lier Chemical Co.,LTD. | $1.7B | 70 |
| 002096.SZ | Explosive Co., Ltd. | $1.7B | 69 |
| 601686.SS | Tianjin You Fa Steel Pipe Group Stock Co., Ltd. | $1.1B | 79 |
Peer medians: ROE 6.0% · P/E 25.6x · Gross margin 18.1%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.