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Ningxia Qinglong Pipes Industry Co Ltd

002457 · SHE · Industrials / Building Products & Equipment

9.91CNY-0.23 (-2.27%)

Price History

Full chart

Market Stats

Previous Close10.14
Open10.11
Day Range9.88 – 10.15
52-Week Range9.38 – 16.50
Volume9.69M
Market Cap3.77B
P/E (TTM)29.00
Forward P/E29.67
EPS0.39
Dividend Yield1.41%
Beta0.61
50-Day Avg11.11
200-Day Avg11.83

About

Qinglong Pipes Industry Group Co., Ltd, together with its subsidiaries, engages in the research and development, production, and sale of water pipelines and related products in China. The company offers concrete pipes and products, such as prestressed steel cylinder concrete pipes, reinforced wound steel cylinder concrete pipes, prestressed concrete pipes, reinforced concrete drainage pipes, reinforced concrete steel tubes, and precast concrete pipe gallery products. It also provides plastic pipe products, including polyethylene (PE), PE steel mesh skeleton, rigid polyvinyl chloride, impact-resistant modified polyvinyl chloride, PE-RT heat-resistant polyethylene heating, gas buried high-density polyethylene, and PE double-wall corrugated pipes; and drip irrigation products. In addition, the company provides insulation steel, cement mortar composite steel, plastic-coated composite steel, and 3PE anti-corrosion steel pipes. Further, the company is involved in planning, survey and design of large and medium-sized water conservancy and hydropower projects; and provision of intelligent water saving and engineering construction services. The company was formerly known as Ningxia Qinglong Pipes Industry Group Co., Ltd. and changed its name to Qinglong Pipes Industry Group Co., Ltd. in March 2025. Qinglong Pipes Industry Group Co., Ltd. was founded in 1975 and is headquartered in Yinchuan, China.

Company Details

  • SectorIndustrials
  • IndustryBuilding Products & Equipment
  • CEOMr. Qian Li
  • Employees2.74K
  • HeadquartersNingxia Water Conservancy Research & Dev, Yinchuan, China, 750002, China
  • Websitehttps://www.qlgd.com.cn

Leadership

  • Mr. Qian LiGM & Chairman · b. 1977
  • Mr. Yongdong SongFinancial Director, Secretary, Accounting Supervisor & Employee Director · b. 1981
  • Mr. Lingshan ZhaoNon-Independent Director & Deputy General Manager · b. 1973
  • Mr. Jianbao GaoDeputy General Manager & Director · b. 1969

Financials

Income Statement

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue352.68M513.99M729.08M852.07M995.18M774.89M1.24B855.79M818.85M825.48M1.21B1.45B2.00B2.06B2.44B2.57B2.06B2.82B2.63B
Growth (%)-+45.74%+41.85%+16.87%+16.80%-22.14%+59.88%-30.92%-4.32%+0.81%+46.24%+19.83%+38.20%+3.25%+18.07%+5.62%-19.92%+36.73%-6.76%
Cost of Revenue256.61M365.15M490.12M564.02M716.85M560.10M841.25M583.87M563.08M556.97M835.16M1.05B1.31B1.53B1.80B1.87B1.45B1.90B1.84B
Gross Profit96.08M148.84M238.96M288.05M278.33M214.79M397.68M271.92M255.78M268.50M372.05M395.18M690.92M530.07M639.23M706.40M614.93M921.85M783.33M
Gross Margin27.24%28.96%32.78%33.81%27.97%27.72%32.10%31.77%31.24%32.53%30.82%27.32%34.56%25.68%26.23%27.44%29.83%32.71%29.81%
Operating Expense24.44M62.75M99.20M141.10M132.01M142.38M260.70M190.68M199.29M239.76M333.45M297.37M488.67M316.61M456.29M499.56M556.08M592.07M562.31M
Operating Income71.64M86.10M139.76M146.96M146.32M72.42M136.98M81.24M56.48M28.75M38.61M97.81M202.25M213.47M182.95M206.84M58.85M329.79M221.02M
Operating Margin20.31%16.75%19.17%17.25%14.70%9.35%11.06%9.49%6.90%3.48%3.20%6.76%10.12%10.34%7.51%8.04%2.85%11.70%8.41%
EBITDA70.33M98.27M161.47M181.86M172.71M121.46M192.33M151.78M123.59M67.05M132.81M178.72M336.60M288.70M292.55M314.92M162.95M431.32M284.63M
EBITDA Margin19.94%19.12%22.15%21.34%17.35%15.67%15.52%17.74%15.09%8.12%11.00%12.35%16.84%13.99%12.00%12.23%7.91%15.30%10.83%
Net Income60.74M74.24M117.01M122.60M119.77M75.90M113.44M57.72M48.55M21.21M19.27M73.80M156.84M167.47M143.04M168.22M24.87M267.72M129.63M
Net Income Margin17.22%14.44%16.05%14.39%12.03%9.80%9.16%6.74%5.93%2.57%1.60%5.10%7.84%8.11%5.87%6.54%1.21%9.50%4.93%
R&D---252.12K1.73M32.61M36.25M21.39M23.00M23.35M9.89M25.16M34.77M58.90M78.74M83.90M59.01M66.53M60.43M
R&D as % of Total Revenue---0.03%0.17%4.21%2.93%2.50%2.81%2.83%0.82%1.74%1.74%2.85%3.23%3.26%2.86%2.36%2.30%
Interest Expense4.66M8.56M7.63M6.44M461.50K1.66M8.54M9.83M10.01M10.62M8.98M12.40M16.73M3.71M27.13M24.37M25.59M17.11M16.56M
Interest Expense % of Total Revenue1.32%1.66%1.05%0.76%0.05%0.21%0.69%1.15%1.22%1.29%0.74%0.86%0.84%0.18%1.11%0.95%1.24%0.61%0.63%

Balance Sheet

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets550.25M764.85M963.73M1.82B1.87B1.94B2.40B2.25B2.47B2.91B2.80B2.88B3.56B3.66B4.02B4.17B4.30B4.54B4.69B
Total Liabilities276.98M385.75M440.52M353.32M325.80M340.28M694.47M499.20M673.51M1.08B960.07M996.80M1.51B1.45B1.69B1.65B1.83B1.84B1.92B
Total Equity245.15M347.66M488.92M1.43B1.54B1.59B1.69B1.74B1.78B1.79B1.81B1.85B1.97B2.10B2.18B2.31B2.27B2.47B2.55B
Cash93.41M172.19M123.96M784.85M612.18M584.96M707.44M166.80M307.79M346.14M452.95M229.40M515.83M506.76M341.52M390.39M439.52M557.74M770.62M
Total Debt57.00M121.00M113.00M5.00M5.00M55.00M199.00M120.00M192.50M290.50M165.00M350.00M430.28M309.04M539.91M569.74M476.17M603.84M-
Net Debt-36.41M-51.19M-10.96M-779.85M-607.18M-529.96M-508.44M-46.80M-115.29M-55.64M-287.95M120.60M-85.55M-197.72M198.38M179.36M36.65M46.10M-

Cash Flow

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow41.79M2.99M42.57M-30.42M-57.77M61.83M223.05M91.98M127.33M173.01M100.74M-180.97M350.69M100.51M-135.96M76.33M321.93M126.55M565.32M
Investing Cash Flow-28.53M-26.94M-107.72M-29.44M-65.98M-117.81M-225.81M-525.62M-63.42M-192.56M137.47M-165.13M-112.98M43.56M-114.03M-53.40M-106.03M-183.54M-
Financing Cash Flow29.52M109.18M7.08M722.81M-41.72M25.91M125.28M-109.71M56.22M78.50M-156.84M134.25M44.64M-165.58M94.88M-22.13M-173.66M1.44M-
Capital Expenditure21.79M43.44M93.82M46.02M63.15M118.12M224.17M44.55M28.20M104.42M68.06M83.55M189.90M149.31M70.93M73.48M228.03M194.59M156.68M
Free Cash Flow19.99M-40.46M-51.25M-76.44M-120.91M-56.29M-1.12M47.43M99.13M68.59M32.69M-264.52M160.80M-48.80M-206.89M2.85M93.90M-68.04M408.64M
Dividends Paid4.73M8.00M50.77M38.33M42.25M24.09M18.72M26.74M15.23M16.00M20.29M49.55M32.94M50.25M61.22M60.03M87.99M68.41M63.68M
FCF to OCF47.85%-1354.78%-120.41%251.27%209.32%-91.04%-0.50%51.56%77.85%39.65%32.44%146.17%45.85%-48.55%152.17%3.73%29.17%-53.77%72.28%
Dividend Paid to FCF23.64%-19.78%-99.07%-50.15%-34.95%-42.79%-1670.03%56.37%15.37%23.32%62.09%-18.73%20.48%-102.98%-29.59%2108.77%93.71%-100.55%15.58%

Earnings

Report DateSep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011May 30, 2012Aug 29, 2012Nov 28, 2012Feb 27, 2013May 29, 2013Aug 28, 2013Nov 27, 2013Feb 26, 2014May 28, 2014Jul 31, 2014Oct 29, 2014Feb 26, 2015Apr 29, 2015Jul 20, 2015Oct 27, 2015Feb 29, 2016Apr 27, 2016Aug 26, 2016Oct 24, 2016Feb 28, 2017Apr 21, 2017Aug 21, 2017Oct 29, 2017Mar 29, 2018Apr 24, 2018Aug 28, 2018Oct 26, 2018Dec 31, 2018Apr 26, 2019Aug 28, 2019Oct 23, 2019Apr 29, 2020Aug 26, 2020Oct 26, 2020Apr 28, 2021Aug 18, 2021Oct 25, 2021Mar 30, 2022Apr 20, 2022Aug 13, 2022Oct 29, 2022Mar 30, 2023Apr 26, 2023Aug 18, 2023Oct 25, 2023Apr 30, 2024Aug 17, 2024Oct 26, 2024Apr 30, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate------------------------------------------------------------
EPS Actual0.180.060.030.130.160.050.030.110.090.01-0.010.120.120.110.000.110.07-0.010.000.050.020.07-0.000.010.020.04-0.02-0.11-0.080.27-0.030.050.090.110.110.080.230.160.050.160.400.110.130.17-0.010.250.130.24-0.010.05-0.010.040.220.13-0.020.060.110.24-0.020.06
Surprise------------------------------------------------------------
Timing---------------Pre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-market-Pre-market----------------After-hours--After-hours-----

Key Statistics & Ratios

Market Cap3.77B
Enterprise Value4.01B
Trailing P/E29.00
Forward P/E29.67
PEG Ratio0.00
Price / Sales1.43
Price / Book1.49
EPS0.39
Book Value7.63
Revenue (TTM)2.65B
Gross Profit (TTM)778.02M
EBITDA310.66M
Profit Margin4.94%
Operating Margin5.92%
Return on Equity5.06%
Return on Assets2.51%
Shares Outstanding333.49M
Shares Float238.47M
Beta0.61
Dividend Yield1.41%
Dividend Rate0.16
Payout Ratio40.44%

Dividends

20262×
0.06Nov 5, 20260.12May 26, 2026
20252×
0.04Nov 10, 20250.12May 23, 2025
20242×
0.09Aug 29, 20240.09May 14, 2024
20231×
0.20May 4, 2023
20221×
0.18Apr 28, 2022
20211×
0.18May 27, 2021
20201×
0.15May 29, 2020
20191×
0.10May 29, 2019
20181×
0.10May 22, 2018
20171×
0.01May 24, 2017
20161×
0.01May 16, 2016
20151×
0.02May 20, 2015
20141×
0.05Jun 24, 2014
20131×
0.03May 30, 2013
20121×
0.10May 11, 2012
20111×
0.13May 17, 2011

Stock Splits

  • May 11, 201215:10
  • May 17, 201116:10