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Zhejiang Bofay Elec Co Ltd

001255 · SHE · Basic Materials / Specialty Chemicals

23.48CNY-0.59 (-2.45%)

Price History

Full chart

Market Stats

Previous Close24.07
Open24.03
Day Range23.30 – 24.21
52-Week Range20.43 – 58.89
Volume903.42K
Market Cap2.36B
P/E (TTM)301.11
Forward P/E0.00
EPS0.09
Dividend Yield0.15%
Beta0.51
50-Day Avg25.56
200-Day Avg32.73

About

Zhejiang Bofay Electric Co., Ltd. engages in the research, development, production, and sale of polymer composite materials in China, North America, and Europe. Its products include insulation resin series, slot wedges and laminates; insulation binding wire, tape, rope, and strips; mica composite insulating material, composite material frames for photovoltaic modules, YD533 organosilicon structural adhesive, YD532 organosilicon potting sealant, insulation sleeves, thermal expansion materials, and other electrical materials. It serves railway transportation, industrial motors, wind power generation, high-voltage and general motors, hydropower and nuclear power, national defense, military industry, new energy vehicles, small and medium-sized motors, household appliances, and other industries. Zhejiang Bofay Electric Co., Ltd. was incorporated in 2007 and is based in Haining, China.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Zheng Zhong Yin
  • Employees521
  • HeadquartersNo. 16, Hangping Road, Haining, China, 314400, China
  • Websitehttps://www.bofay.com.cn

Leadership

  • Mr. Zheng Zhong YinGeneral Manager · b. 1968
  • Ms. Zhi Yuan ChengFinancial Director · b. 1993
  • Mr. Ningyu DiDeputy GM & Director · b. 1974
  • Mr. Daoxiong HuDeputy GM & Director · b. 1977
  • Ms. Ying ZhangSecretary to the Board · b. 1985
  • Hong Xian ShenAccounting Supervisor

Financials

Income Statement

Currency: CNY2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue128.47M194.88M325.85M381.55M353.53M311.61M341.06M447.20M
Growth (%)-+51.70%+67.20%+17.09%-7.34%-11.86%+9.45%+31.12%
Cost of Revenue66.37M103.16M162.24M240.73M225.52M216.78M256.11M324.28M
Gross Profit62.10M91.72M163.61M140.81M128.01M94.83M84.95M122.92M
Gross Margin48.34%47.07%50.21%36.91%36.21%30.43%24.91%27.49%
Operating Expense40.13M50.01M58.44M51.77M51.59M58.64M72.83M118.41M
Operating Income21.96M41.72M105.18M89.05M76.42M36.19M12.11M4.51M
Operating Margin17.10%21.41%32.28%23.34%21.62%11.61%3.55%1.01%
EBITDA31.47M52.62M121.29M105.46M92.21M50.34M39.01M54.27M
EBITDA Margin24.50%27.00%37.22%27.64%26.08%16.16%11.44%12.14%
Net Income18.66M36.66M87.25M76.01M69.30M32.99M13.24M15.37M
Net Income Margin14.53%18.81%26.78%19.92%19.60%10.59%3.88%3.44%
R&D9.18M13.64M22.20M21.58M23.75M25.11M25.74M35.73M
R&D as % of Total Revenue7.15%7.00%6.81%5.66%6.72%8.06%7.55%7.99%
Interest Expense3.53M3.94M5.96M4.13M3.85M733.36K2.55M4.13M
Interest Expense % of Total Revenue2.75%2.02%1.83%1.08%1.09%0.24%0.75%0.92%

Balance Sheet

Currency: CNY2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets234.99M342.15M507.97M673.72M999.97M931.63M1.20B1.27B
Total Liabilities127.50M192.56M214.34M297.98M220.86M167.52M453.01M385.64M
Total Equity107.49M149.60M255.24M331.92M734.01M748.87M725.02M891.85M
Cash17.56M13.01M92.54M112.58M272.95M122.24M95.83M164.30M
Total Debt69.90M85.03M80.91M99.71M21.74M11.01M201.77M-
Net Debt52.34M72.02M-11.64M-12.87M-251.22M-111.23M105.94M-

Cash Flow

Currency: CNY2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow24.93M2.27M169.34M47.35M-26.66M25.96M32.72M33.36M
Investing Cash Flow-21.38M-57.53M-44.46M-52.32M-44.02M-115.07M-210.16M-
Financing Cash Flow10.79M44.24M-40.25M4.75M249.40M-56.53M151.33M-
Capital Expenditure2.44M1.00M60.64M53.97M33.58M116.08M170.79M145.07M
Free Cash Flow22.49M1.27M108.70M-6.62M-60.24M-90.13M-138.07M-111.71M
Dividends Paid41.50M3.60M35.32M4.18M5.43M21.22M8.98M10.55M
FCF to OCF90.22%55.82%64.19%-13.98%225.98%-347.22%-422.05%-334.85%
Dividend Paid to FCF184.50%284.28%32.49%-63.18%-9.02%-23.54%-6.51%-9.44%

Earnings

Report DateSep 30, 2022Dec 31, 2022Mar 31, 2023Aug 23, 2023Oct 27, 2023Apr 25, 2024Aug 28, 2024Oct 30, 2024May 5, 2025Aug 28, 2025Oct 28, 2025Apr 30, 2026Aug 25, 2026
EPS Estimate-------------
EPS Actual0.230.170.230.140.18-0.140.020.150.040.07-0.02-0.020.03
Surprise-------------
Timing-------------

Key Statistics & Ratios

Market Cap2.36B
Enterprise Value2.26B
Trailing P/E301.11
Forward P/E0.00
Price / Sales4.59
Price / Book2.55
EPS0.09
Book Value7.51
Revenue (TTM)513.66M
Gross Profit (TTM)122.69M
EBITDA12.25M
Profit Margin1.52%
Operating Margin-1.47%
Return on Equity-0.02%
Return on Assets-1.21%
Shares Outstanding87.01M
Shares Float50.90M
Beta0.51
Dividend Yield0.15%
Dividend Rate0.04
Payout Ratio44.44%

Dividends

20261×
0.04Jun 15, 2026
20251×
0.04May 29, 2025
20241×
0.09May 29, 2024
20231×
0.26May 26, 2023