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Guangdong maker of children's electronic learning devices and toys, sold through retail and e-commerce channels.
Guangdong maker of children's electronic learning devices and toys, sold through retail and e-commerce channels.
In one line: A Chinese kids'-electronics/toy maker (like a LeapFrog).
Moat: none (brand). Modest domestic brand recognition in a competitive, low-differentiation toy/electronics category.
Headquarters: Guangdong, China · Employees: 826
Size GoldLok Holdings (Guangdong) (002348.SZ) is a China Consumer Discretionary company (Recreational Products) with a market value of $1.03B, the 2239th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.87 on 6 Nov 2026.
Performance Over six months the shares fell 38.3%, against -8.5% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue grew 76.8% over the last twelve months (peer median +8.1%); the operating margin is -14.1% (peer median 8.4%).
Valuation It trades at 12.6× enterprise value to sales against a peer median of 1.2× (4th most expensive of 21).
Capital Return on invested capital runs 14.5 points below its cost of capital (10.7% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥588M | CN¥321M | CN¥308M | CN¥265M | CN¥312M |
| Revenue growth | — | +4% | +16% | -15% | — |
| Gross profit | CN¥137M | CN¥51.6M | CN¥49.9M | CN¥47.8M | CN¥53.4M |
| EBITDA | n/a | -CN¥18.2M | -CN¥15.2M | -CN¥19.0M | -CN¥41.0M |
| Net income | -CN¥131M | -CN¥43.2M | -CN¥57.3M | -CN¥62.0M | -CN¥83.6M |
| Free cash flow | -CN¥4.00B | -CN¥21.5M | -CN¥16.2M | -CN¥2.28M | CN¥11.6M |
| Capital expenditure | CN¥4.02B | CN¥9.74M | CN¥10.0M | CN¥9.15M | CN¥13.2M |
| Total debt | CN¥732M | CN¥196M | CN¥177M | CN¥138M | CN¥116M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| GoldLok Holdings (Guangdong) 002348.SZ | $1.03B | -38% | +77% | -14% | 12.6× | n/a |
| Alpha 002292.SZ | $2.08B | +13% | +2% | 9% | 5.3× | 28.4% |
| VTech 0303.HK | $1.72B | -15% | -7% | 9% | 0.8× | -9.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 002348.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -33.0% | +1.1% | lowest of 21 |
| 6-month return | -38.3% | -8.5% | 2nd lowest of 21 |
| Distance from 52-week high | -57.3% | -24.3% | 2nd lowest of 21 |
| Revenue growth (TTM) | +76.8% | +8.1% | highest of 21 |
| Operating margin | -14.1% | 8.4% | 3rd lowest of 21 |
| EV / Sales | 12.6× | 1.2× | 4th most expensive of 21 |
| ROIC minus cost of capital | -14.5 pp | -0.2 pp | 3rd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| GoldLok Holdings (Guangdong) 002348.SZ | China | $1.03B | -38% | +77% | -14% | 12.6× | n/a | n/a |
| Johnson Health Tech 1736.TW | Taiwan | $1.01B | -12% | +8% | 8% | 0.8× | -8.0% | +13.9% |
| Fusheng Precision 6670.TW | Taiwan | $1.07B | -1% | +1% | 15% | 1.0× | -14.6% | +15.9% |
| Ferretti YACHT.MI | Italy | $967M | -27% | +1% | 7% | 0.6× | 3.2% | +15.9% |
| Winnebago Industries WGO | United States | $892M | -1% | -3% | 2% | 0.5× | 6.9% | -5.7% |
| Mips MIPS.ST | Sweden | $1.24B | +75% | +41% | 37% | 16.5× | 32.9% | +7.9% |
| Guangzhou Pearl River Piano 002678.SZ | China | $852M | -30% | +14% | -54% | 8.9× | n/a | n/a |
| Yonex 7906.T | Japan | $1.31B | -10% | +15% | 10% | 1.1× | n/a | n/a |
| Sturm, Ruger & RGR | United States | $798M | +28% | +8% | 2% | 1.2× | 21.9% | -0.8% |
| New Gonow Recreational Vehicles 0805.HK | Hong Kong | $1.36B | +491% | +13% | 2% | 10.1× | n/a | n/a |
| Sanlorenzo SL.MI | Italy | $1.46B | -7% | +2% | 14% | 1.2× | -2.0% | +13.7% |
| Spin Master TOY.TO | Canada | $1.52B | +6% | -2% | 9% | 0.9× | -11.5% | +7.0% |
| Bloks 0325.HK | Hong Kong | $1.56B | -23% | +30% | 21% | 2.3× | -1.0% | +102.8% |
| Tron TRON | United States | $669M | -37% | +20% | -45% | 130.4× | n/a | n/a |
| Thunder Tiger 8033.TW | Taiwan | $647M | -14% | +11% | -5% | 14.2× | n/a | n/a |
| Shuhua Sports 605299.SS | China | $642M | -60% | +20% | 9% | 2.3× | n/a | n/a |
| VTech 0303.HK | Hong Kong | $1.72B | -15% | -7% | 9% | 0.8× | -9.7% | -3.0% |
| Roland 7944.T | Japan | $605M | -11% | +8% | 9% | 0.9× | -8.3% | +9.5% |
| Alpen 3028.T | Japan | $590M | +26% | +6% | 3% | 0.3× | -3.0% | +4.2% |
| tonies TNIE.DE | Germany | $1.86B | +24% | +36% | 4% | 2.4× | n/a | n/a |
| Alpha 002292.SZ | China | $2.08B | +13% | +2% | 9% | 5.3× | 28.4% | +0.9% |