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Zhejiang Prulde Electric Appliance Co. Ltd. A

Zhejiang Prulde Electric Appliance Co., Ltd. researches, develops, designs, produces, and sells power tools in China. Its product range includes electric heating, spraying, nail gun, blowing and suction, punching and grinding, and power supply tools, as well as hot air guns, electric spray guns, electric nail guns, vacuum cleaners, hair dryers, sprayers, caulking guns, air pumps, screw cutters, electric drills, angle grinders, and cleaning brushes. These products are used in home decoration, industrial manufacturing, building construction, and landscaping maintenance. The company also markets its products in Europe, Asia-Pacific, Australia, and other international markets. Founded in 2005, it is based in Jinhua, China.

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301353.CS

Pulaide's 2026 interim report shows net profit of 37.91 million yuan, down 16.97% year-on-year

Pulaide released its 2026 interim report. The company's total operating revenue was 595 million yuan, and net profit attributable to the parent was 37.91 million yuan, down 16.97% from the same period last year. Net cash inflow from operating activities was 51.97 million yuan, down 30.19% year-on-year. The company's asset-liability ratio was 15.84%, gross margin was 26.35%, ROE was 2.94%, and diluted earnings per share was 0.30 yuan. The number of shareholders was 7,380, and the top ten shareholders held 71.56% of the total share capital.
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Pulaide's 2026 half-year report: revenue up nearly 30%, but profit fails to keep pace

Pulaide released its 2026 interim report, with operating revenue of 595 million yuan, up 29.21% year on year, but net profit attributable to the parent company was 38 million yuan, down 16.97% year on year, showing revenue growth without profit growth. The company said the profit decline was mainly affected by amortization of share-based payment expenses and exchange losses from fluctuations in the US dollar against the renminbi, with financial expenses turning from a negative 3.92 million yuan in the same period last year to 8.38 million yuan. Excluding the impact of share-based payments and exchange gains and losses, net profit attributable to the parent company grew 10.82% year on year. Power tool business revenue was 529 million yuan, up 26.24% year on year, with a gross margin of 26.05%, down slightly by 1.37 percentage points year on year; tool accessories business revenue was 35 million yuan, a sharp year-on-year increase of 105.80%. The company is deeply tied to international leading customers such as Stanley Black & Decker, Bosch, and Makita, and has signed a five-year strategic cooperation agreement worth over 700 million yuan with a European lithium battery benchmark enterprise. Revenue of the acquired and integrated Batavia B.V. grew nearly 90% year on year.
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Pulaide plans capital increase of up to 423 million yuan to build new production base in Thailand

Pulaide announced that the company and its wholly-owned subsidiary plan to increase capital to the Thai subsidiary in proportion to their shareholding, by no more than 423 million yuan, for the investment and construction of a new production base in Thailand. Upon reaching full production, the project will form an annual production capacity of 7 million power tools, easing capacity bottlenecks and optimizing global layout.