Guangzhou Pearl River Piano Group Co Ltd (002678) Stock Price & News

The Pearl River Piano Group is China's largest piano manufacturer and has the largest piano factory in the world producing more pianos than any other factory. The company was established in 1956 in Guangzhou, Guangdong, China. Pearl River is capable of producing over 100,000 pianos a year, and exports them to more than 80 countries. Today Pearl River pianos are manufactured under a wide range of brands and levels. Each of these series have similar sizes with different scale designs, materials and different sound. The Hallet & Davis line produced by Pearl River is the oldest United States piano name still in production. Also in January 2016, the company took over 90% of the shares of Wilhelm Schimmel, a German piano manufacturer in Braunschweig. After getting control of the Schimmel's factory in Braunschweig, Pearl River Piano Group Europe GMBH also removed Ritmuller production to this factory. Operations in Germany remain unchanged and the Schimmel factory is still managed by the Schimmel family. Wikipedia

About Guangzhou Pearl River Piano Group Co Ltd

CEO-

Employees1,9 k

Founded1956

Headquarters-

Sector-

Websitepearlriverpiano.com

All values in CNY	Sep. 2025	Des. 2025	Mrt. 2026	Jun. 2026
Revenue	145,45 m	183,51 m	142,05 m	123,30 m
Cost of goods sold	136,16 m	260,60 m	126,52 m	137,30 m
Cost of revenue	136,16 m	260,60 m	126,52 m	137,30 m
Research and development expenses	8,54 m	10,00 m	8,86 m	8,18 m
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	60,22 m	62,30 m	47,35 m	51,57 m
Operating expense	74,70 m	70,99 m	63,88 m	65,02 m
Total operating expenses	210,86 m	331,59 m	190,40 m	202,32 m
Operating income	-65,40 m	-148,08 m	-48,35 m	-79,02 m
Other non operating income	-1,59 m	1,60 m	-1,09 m	2,85 m
EBT including unusual items	-81,89 m	-134,25 m	-46,52 m	-84,81 m
EBT excluding unusual items	-58,20 m	-142,53 m	-48,59 m	-82,15 m
Income tax expense	56,32 k	23,91 m	19,35 k	-2,37 m
Effective tax rate	-0,07%	-17,81%	-0,04%	2,80%
Other operating expenses	5,36 m	3,92 m	5,12 m	5,59 m
Net income	-80,47 m	-155,77 m	-45,45 m	-80,59 m
Net profit margin	-55,32%	-84,88%	-32,00%	-65,36%
Earnings per share	-	-	-	-
Interest and investment income	12,95 m	3,85 m	1,83 m	403,39 k
Interest expense	-701,79 k	-2,33 m	-976,51 k	-3,51 m
Net interest expenses	12,25 m	1,51 m	849,90 k	-3,11 m
Depreciation and amortization charges	-	-	-	-
EBITDA	-41,12 m	-130,07 m	-30,35 m	-60,36 m
Gain or loss from assets sale	1,64 m	-1,53 m	-	-1,02 m

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