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Jiangsu Changbao Steeltube Co Ltd

Jiangsu Changbao Steeltube Co Ltd

002478 · SHE · Basic Materials / Steel

5.06CNY-0.14 (-2.69%)

Price History

Full chart

Market Stats

Previous Close5.20
Open5.21
Day Range5.06 – 5.24
52-Week Range5.53 – 13.45
Volume9.99M
Market Cap5.66B
P/E (TTM)15.32
Forward P/E13.85
EPS0.41
Dividend Yield3.17%
Beta0.49
50-Day Avg6.50
200-Day Avg8.49

About

Jiangsu Changbao Steeltube Co.,Ltd manufactures and sells steel tubes in the People's Republic of China and internationally. The company offers connection tubing and casings, coupling stocks, perforation gun carrier pipes, petroleum tool pipes, drill and green pipes, and slotted pipes; boiler tubes, water heater, boilers, and U bended tubes; steel tubes for auto industry comprising automobile precision tubes, piping for hydraulic cylinders, and axel tubes; petrochemical tubes, steel tubes for low temperature resistance, and high pressure fertilizer tubes; and steel tubes for engineering machinery industry, such as mechanical steel pipes, boom pipes, and piping for hydraulic cylinders. It also provides line pipes, geological drilling pipes, core barrels, rope corning drill pipe materials, gas cylinder pipes, and accumulator tubes, as well as steel pipes for marine engineering, structural purpose, and fluid transmission. The company was founded in 1958 and is based in Changzhou, China.

Company Details

  • SectorBasic Materials
  • IndustrySteel
  • CEOMr. Jian Cao
  • Employees2.12K
  • HeadquartersNo.558, Yanling East Road, Changzhou, China, 213018, China
  • Websitehttps://www.cbsteeltube.com

Leadership

  • Mr. Jian CaoNon-Independent Chairman of the Board & Acting Financial Manager · b. 1964
  • Mr. Qiaolin HanGM & Vice Chairman · b. 1971
  • Mr. Zheng Chun DaiDeputy GM & Non-Independent Director · b. 1971
  • Mr. Zhifeng LiuSecretary of the Board of Directors · b. 1984
  • Mr. Songlin ChenDeputy General Manager · b. 1983
  • Yi LuoAccounting Supervisor

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 Revenue1.65B3.37B2.17B2.88B3.72B3.43B3.99B3.78B2.92B2.21B3.49B5.38B5.29B3.94B4.23B6.22B6.66B5.70B5.89B
Growth (%)-+104.62%-35.75%+32.76%+29.20%-7.64%+16.10%-5.30%-22.60%-24.56%+58.45%+53.85%-1.69%-25.42%+7.22%+47.25%+7.03%-14.48%+3.45%
Cost of Revenue1.30B2.77B1.71B2.38B3.13B2.86B3.32B3.13B2.45B1.90B2.96B4.20B3.94B3.24B3.87B5.36B5.44B4.77B4.94B
Gross Profit353.00M605.65M455.43M496.61M587.21M577.60M670.96M646.50M470.81M307.88M533.77M1.17B1.35B696.94M355.89M859.49M1.22B930.57M954.04M
Gross Margin21.40%17.95%21.00%17.25%15.79%16.82%16.82%17.12%16.11%13.96%15.27%21.81%25.53%17.68%8.42%13.81%18.25%16.34%16.19%
Operating Expense127.99M246.85M196.10M239.03M259.95M353.38M408.09M343.70M237.66M182.81M350.17M525.32M550.94M511.92M398.72M352.81M364.15M169.25M404.74M
Operating Income225.01M358.80M259.33M257.58M327.25M224.22M262.87M302.79M233.14M125.06M183.60M647.25M798.49M185.03M-42.82M506.68M851.67M761.32M549.29M
Operating Margin13.64%10.63%11.96%8.95%8.80%6.53%6.59%8.02%7.98%5.67%5.25%12.04%15.11%4.69%-1.01%8.14%12.79%13.36%9.32%
EBITDA248.28M403.47M346.88M335.76M411.19M346.07M388.65M463.31M404.70M295.20M344.65M834.30M992.25M389.91M326.28M787.79M1.15B996.59M787.55M
EBITDA Margin15.05%11.96%16.00%11.66%11.06%10.08%9.75%12.27%13.85%13.39%9.86%15.52%18.77%9.89%7.72%12.66%17.24%17.50%13.36%
Net Income147.54M262.18M192.78M183.03M229.69M206.41M227.00M245.90M206.06M109.70M143.68M480.26M601.16M123.65M135.83M471.03M783.03M634.22M482.27M
Net Income Margin8.95%7.77%8.89%6.36%6.18%6.01%5.69%6.51%7.05%4.97%4.11%8.93%11.37%3.14%3.21%7.57%11.76%11.13%8.18%
R&D26.39M47.46M67.80M88.77M115.34M141.01M156.37M141.30M100.07M84.36M125.89M178.76M176.28M132.33M158.62M230.58M251.15M211.35M234.59M
R&D as % of Total Revenue1.60%1.41%3.13%3.08%3.10%4.11%3.92%3.74%3.42%3.83%3.60%3.33%3.34%3.36%3.75%3.71%3.77%3.71%3.98%
Interest Expense4.81M12.33M1.26M11.73M2.66M2.39M3.67M3.11M1.81M1.61M4.62M12.91M14.56M13.84M14.10M13.43M8.40M6.63M5.80M
Interest Expense % of Total Revenue0.29%0.37%0.06%0.41%0.07%0.07%0.09%0.08%0.06%0.07%0.13%0.24%0.28%0.35%0.33%0.22%0.13%0.12%0.10%

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 Assets1.26B2.75B2.26B3.59B3.00B3.37B3.70B3.98B3.95B3.93B5.68B6.42B6.84B6.89B6.97B7.34B7.82B8.29B8.87B
Total Liabilities763.40M1.88B1.19B1.24B417.00M678.88M822.85M916.03M848.29M780.31M1.72B1.98B1.86B2.20B2.58B2.60B2.41B2.44B2.86B
Total Equity463.59M721.82M902.54M2.18B2.37B2.52B2.69B2.86B2.96B3.00B3.72B3.97B4.46B4.41B4.24B4.58B5.23B5.64B6.00B
Cash334.99M944.60M452.69M1.60B925.19M624.21M429.81M671.86M388.88M937.20M1.23B1.43B1.62B1.67B1.08B1.44B1.70B2.63B2.99B
Total Debt152.99M427.90M312.20M216.20M41.70M68.88M38.88M--568.58M367.33M49.40M200.48M232.08M271.42M135.68M130.06M161.46M-
Net Debt-182.00M-516.70M-140.49M-1.38B-883.49M-555.33M-390.93M-671.86M-388.88M-368.62M-1.10B-1.36B-1.42B-1.43B-807.29M-1.31B-1.57B-2.47B-

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 Flow254.72M786.40M-220.47M284.21M-359.50M162.44M219.43M918.35M376.91M150.68M574.12M686.33M669.18M671.47M-482.76M783.20M489.61M857.32M634.64M
Investing Cash Flow-236.49M-667.60M263.20M-170.17M161.84M-431.40M-236.65M-534.13M-593.53M514.63M23.91M-294.89M-463.04M-303.03M-147.97M-201.09M-264.80M-217.87M-
Financing Cash Flow-35.96M6.78M-154.37M975.78M-229.95M-80.19M-117.61M-134.34M-96.03M-86.64M-354.52M-357.23M-119.64M-153.27M-78.22M-204.71M3.97M-310.18M-
Capital Expenditure99.47M208.55M110.91M81.09M153.21M291.13M288.44M126.22M84.83M26.87M70.70M184.85M379.56M386.50M177.62M87.05M196.15M252.35M205.48M
Free Cash Flow155.24M577.85M-331.38M203.12M-512.71M-128.69M-69.01M792.13M292.08M123.81M503.42M501.49M289.62M284.96M-660.38M696.15M293.46M604.97M429.16M
Dividends Paid107.33M19.83M22.44M32.63M43.56M69.07M87.69M95.47M81.63M80.39M401.99M101.27M115.20M123.73M89.04M71.01M163.80M255.59M200.02M
FCF to OCF60.95%73.48%150.30%71.47%142.62%-79.22%-31.45%86.26%77.49%82.17%87.69%73.07%43.28%42.44%136.79%88.89%59.94%70.57%67.62%
Dividend Paid to FCF69.14%3.43%-6.77%16.07%-8.50%-53.67%-127.07%12.05%27.95%64.94%79.85%20.19%39.78%43.42%-13.48%10.20%55.82%42.25%46.61%

Earnings

Report DateSep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Oct 29, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Feb 27, 2013May 29, 2013Aug 28, 2013Nov 27, 2013Feb 26, 2014May 28, 2014Aug 18, 2014Oct 17, 2014Feb 25, 2015Apr 22, 2015Aug 20, 2015Oct 25, 2015Feb 23, 2016Apr 26, 2016Aug 26, 2016Oct 25, 2016Feb 23, 2017Apr 23, 2017Aug 28, 2017Oct 29, 2017Apr 26, 2018Aug 23, 2018Oct 26, 2018Apr 25, 2019Aug 28, 2019Oct 22, 2019Apr 29, 2020Aug 26, 2020Oct 27, 2020Mar 8, 2021Apr 28, 2021Aug 20, 2021Oct 28, 2021Mar 17, 2022Apr 21, 2022Aug 17, 2022Oct 20, 2022Mar 21, 2023Apr 24, 2023Jul 12, 2023Oct 25, 2023Feb 5, 2024Apr 25, 2024Aug 23, 2024Oct 24, 2024Mar 28, 2025Apr 28, 2025Aug 25, 2025Oct 25, 2025Apr 27, 2026Aug 24, 2026
EPS Estimate----0.04-----------0.150.18------------------------------------------
EPS Actual0.070.060.050.060.090.090.060.060.080.060.060.070.100.060.070.070.100.140.060.060.090.060.040.030.040.030.030.050.040.050.160.170.120.210.190.090.140.06-0.170.010.090.000.040.040.170.180.140.220.280.190.180.180.180.100.250.120.160.160.070.08
Surprise----125.00%------------35.87%-22.22%------------------------------------------
Timing----Pre-market----------After-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-market---Pre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-market-Pre-market-Pre-market----

Key Statistics & Ratios

Market Cap5.66B
Enterprise Value3.42B
Trailing P/E15.32
Forward P/E13.85
PEG Ratio0.00
Price / Sales0.95
Price / Book0.98
EPS0.41
Book Value7.13
Revenue (TTM)5.95B
Gross Profit (TTM)904.68M
EBITDA701.46M
Profit Margin6.08%
Operating Margin7.54%
Return on Equity6.17%
Return on Assets3.25%
Shares Outstanding900.80M
Shares Float514.01M
Beta0.49
Dividend Yield3.17%
Dividend Rate0.20
Payout Ratio65.13%

Dividends

20261×
0.20Jun 26, 2026
20251×
0.22May 28, 2025
20241×
0.28May 24, 2024
20231×
0.18May 17, 2023
20221×
0.08Jun 1, 2022
20211×
0.10May 28, 2021
20201×
0.13Jul 15, 2020
20191×
0.12Jul 17, 2019
20181×
0.10Jul 4, 2018
20171×
0.50Apr 26, 2017
20161×
0.10May 6, 2016
20151×
0.10May 4, 2015
20141×
0.10Jun 27, 2014
20131×
0.09Jun 21, 2013
20121×
0.06Jun 8, 2012
20111×
0.05Jun 8, 2011

Stock Splits

  • Apr 26, 201720:10