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002678.SZ
STRONG SELLREMOVEGet insider-trade alertsGuangzhou Pearl River Piano Group Co.,Ltd · Consumer Cyclical · China · $856M · Avg Vol: $11M/d
Guangzhou Pearl River Piano Group is a manufacturer of musical instruments. It is a low-growth, consumer-cyclical business facing structural headwinds from shifting demographic trends and educational preferences in China, offering no clear path to asymmetric returns.
COMPANY DESCRIPTION
Guangzhou Pearl River Piano Group is the world's largest piano manufacturer by production volume, commanding a dominant share of both the Chinese and global acoustic piano markets. The company operates iconic brands across multiple price segments, supported by advanced wood processing and precision manufacturing technologies. It is a highly integrated cultural enterprise expanding into digital musical instruments and music education.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 244.5M | 166.1M | 99.7M | 83.9M | -30.0% |
| EPS | 0.01 | 0.00 | -0.03 | -0.04 | -95.6% |
| Shares | 1.4B | 1.4B | 1.4B | 1.4B | -0.4% |
| Debt | 85.1M | 51.4M | 35.0M | 48.3M | -17.2% |
| Equity | 547.0M | 545.0M | 508.2M | 456.4M | -5.9% |
| Op CF | 14.0M | -46.5M | -32.0M | -19.9M | — |
| Inv CF | -47.1M | 45.2M | 4.8M | -15.5M | — |
| Fin CF | 9.2M | -46.9M | -19.3M | 12.2M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of 002678.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 002678.SZ | Guangzhou Pearl River Piano Group Co.,Ltd(you) | $856M | 19 | STRONG SELL |
| 300756.SZ | Guangdong Jinma Entertainment Corporation Limited | $988M | 17 | STRONG SELL |
| 600593.SS | Dalian Sunasia Tourism Holding CO.,LTD | $707M | 17 | STRONG SELL |
| 688010.SS | Fujian Forecam Optics Co., Ltd. | $1.0B | 21 | SELL |
| 002348.SZ | Goldlok Holdings(Guangdong) Co.,Ltd. | $1.5B | 12 | STRONG SELL |
| 002575.SZ | Guang Dong Qun Xing Toys Joint-Stockco.,Ltd. | $529M | 11 | STRONG SELL |
| 300793.SZ | Cosonic Intelligent Technologies Co., Ltd. | $634M | 7 | STRONG SELL |
| 600071.SS | Phenix Optical Company Limited | $719M | 4 | STRONG SELL |
| 300043.SZ | Rastar Group | $735M | 35 | HOLD |
| 605299.SS | Shuhua Sports Co., Ltd. | $812M | 40 | HOLD |
Peer medians: ROE 6.6% · P/E 23.2x · Gross margin 21.9%