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Cangzhou Mingzhu Plastic Co Ltd

002108 · SHE · Industrials / Conglomerates

4.02CNY+0.03 (+0.75%)

Price History

Full chart

Market Stats

Previous Close3.99
Open4.00
Day Range3.96 – 4.02
52-Week Range3.81 – 6.37
Volume12.32M
Market Cap7.02B
P/E (TTM)35.50
Forward P/E18.15
EPS0.12
Dividend Yield1.12%
Beta0.70
50-Day Avg4.36
200-Day Avg4.82

About

Cangzhou Mingzhu Plastic Co.,Ltd., together with its subsidiaries, manufactures and sells PE pipe systems, BOPA films, Li-ion battery separators, and composite pipes in China. The company offers PE gas and water supply pipelines, PE nuclear power/large diameter thick wall PE pipelines, PE fittings, and ground source heat pump heat exchange piping systems; dry uni-axial stretching, wet simultaneous biaxial stretching, and coated modified separators; and fiber-reinforced thermoplastic pipes for oil and gas transportation, intelligent cable-embedded coiled pipes, and connection of pipes for oil and gas transportation and intelligent cable-embedded continuous pipes. It also produces polyamide films, chips, and other plastic products; installation and technical services; microporous and filtration membranes; double-wall corrugated pipes and fittings for drainage and sewage; silicone pipes and fittings; plastic packaging containers and tools; and synthetic materials. In addition, the company engages in the import and export of goods; house and non-residential real estate leasing; cargo weighing; machinery and equipment rental; equity, asset, and investment management; and research and development of new materials and technologies. It serves gas operators, water companies, color printing and packaging companies, and lithium-ion battery manufacturers. Cangzhou Mingzhu Plastic Co.,Ltd. was founded in 1995 and is headquartered in Cangzhou, China.

Company Details

  • SectorIndustrials
  • IndustryConglomerates
  • CEOMr. Zengsheng Yu
  • Employees2.36K
  • HeadquartersMingzhu Building, Cangzhou, China, 061000, China
  • Websitehttps://www.cz-mz.com

Leadership

  • Mr. Zengsheng YuGeneral Manager · b. 1976
  • Mr. Qingliang HuFinancial Director · b. 1972
  • Mr. Shao Hua YuDeputy General Manager · b. 1972
  • Mr. Dong LiDeputy General Manager · b. 1974
  • Mr. Shu Mao GaoDeputy General Manager · b. 1971
  • Mr. Zhao Liang SunDeputy General Manager · b. 1975
  • Mr. Fanlian LiDeputy GM & Board Secretary · b. 1967
  • Chao Fan LiHead of the Accounting Department

Financials

Income Statement

Currency: CNY2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue193.46M291.30M337.03M375.67M335.53M730.20M826.11M1.36B1.66B1.76B1.98B2.09B2.18B2.76B3.52B3.33B3.00B2.76B2.89B2.83B2.62B2.75B2.85B
Growth (%)-+50.57%+15.70%+11.47%-10.69%+117.63%+13.13%+65.00%+21.80%+6.15%+12.52%+5.39%+4.08%+27.10%+27.47%-5.66%-9.89%-7.80%+4.59%-1.89%-7.60%+4.93%+3.73%
Cost of Revenue129.59M227.25M272.36M265.68M279.70M599.39M597.72M1.08B1.40B1.46B1.61B1.67B1.66B1.86B2.54B2.79B2.55B2.24B2.30B2.37B2.26B2.47B2.50B
Gross Profit63.88M64.04M64.66M60.57M55.83M130.81M228.39M283.19M261.30M307.19M374.38M420.00M514.17M905.31M981.33M534.03M448.85M526.68M590.92M464.25M358.81M278.99M354.88M
Gross Margin33.02%21.99%19.19%16.12%16.64%17.91%27.65%20.78%15.74%17.43%18.88%20.10%23.64%32.74%27.84%16.06%14.98%19.07%20.45%16.38%13.70%10.15%12.45%
Operating Expense34.32M26.43M23.06M26.51M22.68M53.83M88.10M113.87M113.73M131.66M175.53M201.33M246.76M290.44M275.72M181.61M222.48M131.30M160.73M118.95M32.22M101.93M190.69M
Operating Income29.55M37.61M41.60M34.06M33.15M76.98M140.29M169.33M147.57M175.53M198.85M218.68M267.41M614.86M705.61M352.42M226.37M395.38M430.19M345.30M326.59M177.06M164.20M
Operating Margin15.28%12.91%12.34%9.07%9.88%10.54%16.98%12.42%8.89%9.96%10.03%10.46%12.29%22.24%20.02%10.60%7.56%14.31%14.89%12.18%12.47%6.44%5.76%
EBITDA34.44M37.69M49.83M51.37M43.80M72.51M150.00M188.30M176.16M232.87M287.75M326.37M370.08M739.86M862.63M562.73M450.98M605.15M647.94M563.37M524.19M448.02M483.17M
EBITDA Margin17.80%12.94%14.79%13.67%13.05%9.93%18.16%13.81%10.61%13.21%14.51%15.62%17.01%26.76%24.48%16.92%15.05%21.91%22.43%19.87%20.01%16.30%16.95%
Net Income28.96M30.38M29.94M30.71M23.41M43.51M102.08M116.06M100.60M121.70M149.36M167.10M214.63M487.32M545.28M297.88M166.10M300.95M365.97M281.00M272.59M154.74M153.58M
Net Income Margin14.97%10.43%8.88%8.17%6.98%5.96%12.36%8.51%6.06%6.91%7.53%8.00%9.87%17.63%15.47%8.96%5.54%10.89%12.67%9.91%10.41%5.63%5.39%
R&D-------3.37M4.43M1.32M3.12M7.13M9.21M21.66M25.11M38.20M41.75M31.00M42.83M33.09M36.31M43.03M41.45M
R&D as % of Total Revenue-------0.25%0.27%0.07%0.16%0.34%0.42%0.78%0.71%1.15%1.39%1.12%1.48%1.17%1.39%1.57%1.45%
Interest Expense5.28M5.62M8.49M7.68M6.31M19.49M13.11M21.73M29.29M26.59M29.75M38.33M25.38M22.69M18.09M39.57M51.64M33.32M37.35M31.99M20.09M31.76M40.67M
Interest Expense % of Total Revenue2.73%1.93%2.52%2.04%1.88%2.67%1.59%1.59%1.76%1.51%1.50%1.83%1.17%0.82%0.51%1.19%1.72%1.21%1.29%1.13%0.77%1.16%1.43%

Balance Sheet

Currency: CNY2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets250.33M331.71M326.77M308.28M432.28M548.50M972.52M1.19B1.29B1.78B2.15B2.52B2.44B3.63B3.83B4.85B4.76B4.95B5.51B7.01B7.11B7.57B8.19B
Total Liabilities140.53M194.04M195.76M164.32M123.57M216.87M449.20M555.84M564.93M670.70M946.32M892.08M643.64M859.08M614.04M1.55B1.39B1.37B1.69B1.78B1.99B2.42B3.17B
Total Equity109.80M137.67M131.01M143.95M308.71M310.86M496.90M603.11M698.68M1.08B1.17B1.60B1.79B2.71B3.16B3.24B3.27B3.49B3.70B5.12B5.12B5.15B5.02B
Cash25.72M60.81M39.44M35.97M57.19M58.41M183.29M159.77M111.83M265.02M218.09M436.03M156.77M620.39M324.67M211.49M201.65M229.78M514.08M1.40B801.00M687.91M514.67M
Total Debt93.00M132.00M97.00M109.00M91.00M171.00M358.90M366.90M428.06M456.34M712.74M606.22M363.00M484.28M142.17M1.01B827.16M685.11M916.36M992.53M1.04B1.27B-
Net Debt67.28M71.19M57.56M73.03M33.81M112.59M175.61M207.13M316.23M191.31M494.65M170.18M206.23M-136.11M-182.50M796.10M625.51M455.33M402.28M-406.07M241.59M586.60M1.36B

Cash Flow

Currency: CNY2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow--61.77M20.28M-57.61M123.73M74.19M70.30M55.95M72.94M46.45M221.74M132.09M172.79M502.04M166.60M187.93M268.41M497.68M287.23M344.42M47.39M162.76M
Investing Cash Flow---7.11M-3.02M-38.52M-109.73M-206.16M-67.68M-66.05M-176.21M-169.50M-140.38M-222.13M-357.66M-324.40M-847.21M-83.72M-31.42M-336.97M-622.87M-719.37M-414.37M-
Financing Cash Flow---76.02M-20.74M117.36M-17.53M256.85M-26.00M-37.84M256.57M67.78M118.06M-192.27M634.93M-476.65M576.54M-98.01M-204.17M126.77M1.22B-215.90M242.02M-
Capital Expenditure007.11M3.44M38.93M15.83M210.02M71.69M71.11M205.61M175.63M226.86M227.15M414.17M338.48M154.98M34.07M54.47M351.95M772.07M909.43M456.52M981.30M
Free Cash Flow--54.66M16.84M-96.54M107.90M-135.82M-1.39M-15.15M-132.67M-129.18M-5.13M-95.05M-241.38M163.56M11.61M153.85M213.94M145.73M-484.84M-565.01M-409.13M-818.54M
Dividends Paid--41.02M32.74M33.82M48.13M39.95M34.00M35.04M58.35M89.56M105.36M53.22M121.85M125.08M246.28M141.79M70.90M141.79M70.90M189.23M208.22M221.29M
FCF to OCF--88.48%83.04%167.57%87.20%-183.06%-1.97%-27.08%-181.88%-278.11%-2.31%-71.96%-139.70%32.58%6.97%81.87%79.71%29.28%-168.80%-164.05%-863.37%-502.93%
Dividend Paid to FCF--75.05%194.38%-35.03%44.61%-29.41%-2449.05%-231.19%-43.98%-69.33%-2054.71%-55.99%-50.48%76.47%2120.61%92.16%33.14%97.30%-14.62%-33.49%-50.89%-27.03%

Earnings

Report DateMar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011May 30, 2012Aug 29, 2012Nov 28, 2012Feb 27, 2013Apr 19, 2013Aug 21, 2013Nov 27, 2013Feb 26, 2014Apr 21, 2014Aug 12, 2014Oct 21, 2014Feb 5, 2015Apr 21, 2015Jul 13, 2015Oct 22, 2015Feb 29, 2016Apr 27, 2016Aug 22, 2016Oct 24, 2016Mar 28, 2017Apr 12, 2017Aug 22, 2017Oct 19, 2017Mar 22, 2018Apr 20, 2018Aug 17, 2018Oct 19, 2018Mar 22, 2019Apr 23, 2019Jul 12, 2019Oct 23, 2019Feb 27, 2020Apr 29, 2020Aug 27, 2020Oct 29, 2020Apr 22, 2021Aug 25, 2021Oct 20, 2021Apr 28, 2022Aug 30, 2022Oct 25, 2022Apr 25, 2023Aug 28, 2023Oct 26, 2023Apr 25, 2024Aug 28, 2024Oct 29, 2024Apr 25, 2025Aug 28, 2025Oct 28, 2025Apr 23, 2026Aug 26, 2026
EPS Estimate----------------0.020.04--0.020.05---0.050.05-0.02-0.090.050.090.130.110.110.120.10-0.07------------------------
EPS Actual0.010.020.030.030.020.030.030.030.010.030.030.020.010.030.030.030.020.030.030.030.020.040.040.030.020.030.050.040.070.110.100.080.100.100.110.070.040.040.13-0.020.020.050.05-0.000.020.050.100.040.090.080.040.070.060.010.050.050.020.020.030.030.020.030.030.05
Surprise----------------0.00%-25.00%--0.00%-20.00%----40.00%0.00%-250.00%-11.11%60.00%11.11%-23.08%0.00%-36.36%-66.67%-60.00%--128.57%------------------------
Timing----------------After-hoursAfter-hours--After-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-market-Pre-marketPre-market----

Key Statistics & Ratios

Market Cap7.02B
Enterprise Value9.27B
Trailing P/E35.50
Forward P/E18.15
PEG Ratio-4.97
Price / Sales2.36
Price / Book1.42
EPS0.12
Book Value3.05
Revenue (TTM)2.97B
Gross Profit (TTM)340.60M
EBITDA404.40M
Profit Margin5.03%
Operating Margin5.90%
Return on Equity2.94%
Return on Assets1.08%
Shares Outstanding1.65B
Shares Float1.24B
Beta0.70
Dividend Yield1.12%
Dividend Rate0.05
Payout Ratio43.71%

Dividends

20261×
0.05Jun 25, 2026
20251×
0.10May 27, 2025
20241×
0.10May 27, 2024
20231×
0.10May 26, 2023
20221×
0.05May 31, 2022
20211×
0.10May 14, 2021
20201×
0.05Jun 10, 2020
20191×
0.10Jun 6, 2019
20181×
0.20May 18, 2018
20171×
0.07Jun 9, 2017
20161×
0.07May 18, 2016
20151×
0.02Jun 9, 2015
20141×
0.05Jul 7, 2014
20131×
0.05May 14, 2013
20121×
0.03Mar 29, 2012
20111×
0.00May 25, 2011
20101×
0.01May 17, 2010
20091×
0.02Jun 23, 2009
20081×
0.03May 14, 2008
20071×
0.03Apr 27, 2007

Stock Splits

  • May 18, 20181.3:1
  • Jun 9, 201717:10
  • Jun 9, 201517:10
  • May 25, 201118:10
  • May 17, 20101.7:1
  • Jun 23, 200912:10