Dongguan HuaLi Industries Co (SHSE:603038) E10: ¥0.26 (As of Mar. 2026)

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SHSE:603038 Dongguan HuaLi Industries Co Ltd SHSE:603038
64 GF Score
Price ¥13.07
GF Value ¥16.69
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Dongguan HuaLi Industries Co E10?

Dongguan HuaLi Industries Co SHSE:603038 +4.06% 64 E10 is ¥0.26 as of Mar. 2026. GuruFocus rates SHSE:603038 with a GF Score™ of 64/100 and a GF Value™ of ¥16.69 (Modestly Undervalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Dongguan HuaLi Industries Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.26 for the trailing ten years ended in Mar. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-08-04), Dongguan HuaLi Industries Co's current stock price is ¥13.07. Dongguan HuaLi Industries Co's E10 for the quarter that ended in Mar. 2026 was ¥0.26. Dongguan HuaLi Industries Co's Shiller PE Ratio of today is 50.27.

During the past 13 years, the highest Shiller PE Ratio of Dongguan HuaLi Industries Co was 105.00. The lowest was 23.96. And the median was 59.70.


Dongguan HuaLi Industries Co  (SHSE:603038) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Dongguan HuaLi Industries Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.07/0.26
=50.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Dongguan HuaLi Industries Co was 105.00. The lowest was 23.96. And the median was 59.70.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Dongguan HuaLi Industries Co E10 Related Terms


Dongguan HuaLi Industries Co E10 Historical Data

* Premium members only.

The historical data trend for Dongguan HuaLi Industries Co's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dongguan HuaLi Industries Co E10 Chart

Dongguan HuaLi Industries Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.27 0.24

Dongguan HuaLi Industries Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.26 0.25 0.24 0.26

SHSE:603038 vs SN, SGI, MHK: E10 Comparison

For the Furnishings, Fixtures & Appliances subindustry, Dongguan HuaLi Industries Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dongguan HuaLi Industries Co Shiller PE Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dongguan HuaLi Industries Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dongguan HuaLi Industries Co's Shiller PE Ratio falls into.


SHSE:603038
64GF Score
Dongguan HuaLi Industries Co Ltd SHSE:603038
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dongguan HuaLi Industries Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Dongguan HuaLi Industries Co's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.26/116.3033*116.3033
=0.260

Current CPI (Mar. 2026) = 116.3033.

Dongguan HuaLi Industries Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.182 101.400 0.209
201609 0.182 102.400 0.207
201612 0.143 102.600 0.162
201703 0.035 103.200 0.039
201706 0.145 103.100 0.164
201709 0.130 104.100 0.145
201712 0.078 104.500 0.087
201803 0.035 105.300 0.039
201806 0.119 104.900 0.132
201809 0.088 106.600 0.096
201812 0.104 106.500 0.114
201903 0.049 107.700 0.053
201906 0.110 107.700 0.119
201909 0.108 109.800 0.114
201912 0.123 111.200 0.129
202003 -0.085 112.300 -0.088
202006 0.023 110.400 0.024
202009 0.100 111.700 0.104
202012 0.102 111.500 0.106
202103 0.038 112.662 0.039
202106 0.054 111.769 0.056
202109 0.038 112.215 0.039
202112 -0.046 113.108 -0.047
202203 -0.008 114.335 -0.008
202206 0.015 114.558 0.015
202209 0.020 115.339 0.020
202212 0.015 115.116 0.015
202303 0.031 115.116 0.031
202306 0.039 114.558 0.040
202309 0.060 115.339 0.061
202312 -0.060 114.781 -0.061
202403 0.010 115.227 0.010
202406 0.060 114.781 0.061
202409 0.060 115.785 0.060
202412 -0.040 114.893 -0.040
202503 0.030 115.116 0.030
202506 0.040 114.907 0.040
202509 0.050 115.471 0.050
202512 -0.040 115.832 -0.040
202603 0.260 116.303 0.260

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ¥0.26 mean?
Dongguan HuaLi Industries Co (SHSE:603038) has a E10 of ¥0.26 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dongguan HuaLi Industries Co and its competitors.
Is Dongguan HuaLi Industries Co's E10 too high?
Dongguan HuaLi Industries Co's current E10 is ¥0.26. Overall, Dongguan HuaLi Industries Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dongguan HuaLi Industries Co's E10 compare to SN and SGI?
Dongguan HuaLi Industries Co's E10 of ¥0.26 can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Furnishings, Fixtures & Appliances company?
A good E10 depends on the Furnishings, Fixtures & Appliances industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dongguan HuaLi Industries Co and its competitors. Dongguan HuaLi Industries Co's current E10 is ¥0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dongguan HuaLi Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Dongguan HuaLi Industries Co (SHSE:603038) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.69, compared to a current price of ¥13.07 — trading 21.7% below its estimated fair value. The current E10 is ¥0.26. Dongguan HuaLi Industries Co's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Dongguan HuaLi Industries Co (SHSE:603038), the current E10 is ¥0.26 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dongguan HuaLi Industries Co (SHSE:603038) Overvalued in 2026?

Based on GuruFocus' analysis, Dongguan HuaLi Industries Co stock appears to be undervalued. The current stock price of ¥13.07 is trading 21.7% below its estimated GF Value™ of ¥16.69. GuruFocus considers Dongguan HuaLi Industries Co to be Modestly Undervalued.

Key valuation signals for SHSE:603038:

  • E10: ¥0.26
  • GF Value™: ¥16.69 vs. price of ¥13.07 (21.7% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dongguan HuaLi Industries Co Business Description

Address Songbaitang Village, Huali Industrial District, Changping Town, Guangdong Province, Dongguan, CHN, 523561
Dongguan HuaLi Industries Co Ltd manufactures decoration materials. The company produces and distributes edge banding decoration materials, special type decoration materials, and other decorative materials. It is mainly used for edge sealing, surface decoration and indoor decoration of panel furniture Decoration, decoration.
64GF Score

Get the complete analysis for SHSE:603038

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥13.07
Price
¥16.69
GF Value