Dashboard
1
The company is Net-Debt Free
- Poor long term growth as Net Sales has grown by an annual rate of 13.17% and Operating profit at -9.12% over the last 5 years
- The company is Net-Debt Free
- The company has been able to generate a Return on Equity (avg) of 23.11% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of 13.17% and Operating profit at -9.12% over the last 5 years
3
Positive results in Mar 26
4
With ROE of 11.75%, it has a expensive valuation with a 0.78 Price to Book Value
5
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-15.15%
0%
-15.15%
6 Months
-29.26%
0%
-29.26%
1 Year
-26.62%
0%
-26.62%
2 Years
-41.86%
0%
-41.86%
3 Years
-41.47%
0%
-41.47%
4 Years
-59.08%
0%
-59.08%
5 Years
-6.5%
0%
-6.5%
Zheshang Development Group Co., Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
13.17%
EBIT Growth (5y)
-9.12%
EBIT to Interest (avg)
3.01
Debt to EBITDA (avg)
10.60
Net Debt to Equity (avg)
3.03
Sales to Capital Employed (avg)
7.76
Tax Ratio
21.13%
Dividend Payout Ratio
41.43%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.49%
ROE (avg)
23.11%
Valuation key factors
Factor
Value
P/E Ratio
7
Industry P/E
Price to Book Value
0.78
EV to EBIT
25.35
EV to EBITDA
22.06
EV to Capital Employed
0.96
EV to Sales
0.10
PEG Ratio
0.14
Dividend Yield
2.32%
ROCE (Latest)
3.78%
ROE (Latest)
11.75%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
Bearish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ
Mar'26
Dec'25
Change(%)
Net Sales
56,086.40
64,880.00
-13.55%
Operating Profit (PBDIT) excl Other Income
366.50
431.50
-15.06%
Interest
108.20
102.80
5.25%
Exceptional Items
124.60
-127.40
197.80%
Consolidate Net Profit
229.90
165.70
38.74%
Operating Profit Margin (Excl OI)
6.50%
5.90%
0.06%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2026 is -13.55% vs 2.24% in Dec 2025
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2026 is 38.74% vs 54.14% in Dec 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
235,451.70
201,847.50
16.65%
Operating Profit (PBDIT) excl Other Income
1,017.20
663.20
53.38%
Interest
553.60
584.40
-5.27%
Exceptional Items
-70.10
152.80
-145.88%
Consolidate Net Profit
615.70
617.00
-0.21%
Operating Profit Margin (Excl OI)
3.50%
2.40%
0.11%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is 16.65% vs -0.58% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is -0.21% vs -44.66% in Dec 2024
About Zheshang Development Group Co., Ltd. 
Zheshang Development Group Co., Ltd.
Trading & Distributors
No Details Available.
Company Coordinates 
No Company Details Available






