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Chang Lan Electric Technology Co Ltd

002879 · SHE · Industrials / Electrical Equipment & Parts

13.80CNY-0.18 (-1.29%)

Price History

Full chart

Market Stats

Previous Close13.98
Open14.20
Day Range13.74 – 14.23
52-Week Range12.13 – 24.37
Volume3.16M
Market Cap3.26B
P/E (TTM)23.77
Forward P/E0.00
EPS0.71
Dividend Yield2.96%
Beta0.26
50-Day Avg16.98
200-Day Avg18.43

About

Chang Lan Technology Group Co., Ltd. engages in the research and development, production, sale, and service of power cable accessories and supporting products in China and internationally. It offers AC and DC cable accessories; power cable accessories, power equipment, electrical materials, intelligent online monitoring, electromechanical facilities, and transformer insulating oil, etc.; ultra-high voltage and high voltage cable accessories, medium and low voltage cable accessories, power fittings, electrical equipment, and complete cable laying equipment; and electrical materials, online monitoring platforms for power equipment, mineral insulating oil, natural ester insulating oil, and synthetic ester insulating oil. The company also provides cable terminals and connectors; auxiliary materials; pre mold cable accessories; separable elbow connector; grounding device; and tools for installation and cable laying. The company's products are used in power grid, power plant, subway, new energy, railway, and nuclear power industries. The company was formerly known as Chang Lan Electric Technology Co., Ltd. and changed its name to Chang Lan Technology Group Co., Ltd. in January 2024. Chang Lan Technology Group Co., Ltd. was founded in 1958 and is based in Changsha, China.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Shi Lin Xie
  • Employees1.68K
  • HeadquartersNo.223 Tongzipo West Road, Changsha, China, 410205, China
  • Websitehttps://www.csdlfj.com

Leadership

  • Mr. Shi Lin XiePresident & Director · b. 1971
  • Mr. Ping HuangCFO, Secretary & Non-Independent Director · b. 1975
  • Mr. Bing LuoVP & Director · b. 1968
  • Pengcheng LiChief Accountant
  • Ms. Huali TangDeputy GM of Pressure Division · b. 1974
  • Mr. Yang LongDirector of Installation Service Center · b. 1981

Financials

Income Statement

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue382.13M392.65M486.04M526.47M546.57M616.89M694.74M852.78M940.58M1.06B988.91M1.04B1.24B1.43B
Growth (%)-+2.75%+23.79%+8.32%+3.82%+12.87%+12.62%+22.75%+10.30%+12.46%-6.51%+5.39%+19.18%+15.51%
Cost of Revenue179.52M184.38M240.01M250.27M246.50M280.10M323.20M408.10M433.19M540.37M552.74M592.60M791.66M1.03B
Gross Profit202.61M208.27M246.03M276.20M300.08M336.79M371.54M444.67M507.39M517.40M436.17M449.58M450.41M405.82M
Gross Margin53.02%53.04%50.62%52.46%54.90%54.59%53.48%52.14%53.94%48.91%44.11%43.14%36.26%28.29%
Operating Expense146.98M145.28M152.48M158.72M176.35M197.15M225.34M279.77M323.16M364.79M413.79M373.67M360.48M236.02M
Operating Income55.63M62.98M93.55M117.48M123.73M139.64M146.20M164.90M184.23M152.61M22.38M75.90M89.93M169.80M
Operating Margin14.56%16.04%19.25%22.31%22.64%22.64%21.04%19.34%19.59%14.43%2.26%7.28%7.24%11.84%
EBITDA63.62M74.71M114.25M142.80M152.12M160.32M188.59M185.65M208.30M182.72M55.71M113.01M150.93M246.17M
EBITDA Margin16.65%19.03%23.51%27.12%27.83%25.99%27.15%21.77%22.15%17.27%5.63%10.84%12.15%17.16%
Net Income50.99M62.61M87.20M109.38M115.22M120.95M128.32M145.70M161.60M140.38M29.71M72.13M74.68M133.76M
Net Income Margin13.34%15.95%17.94%20.78%21.08%19.61%18.47%17.09%17.18%13.27%3.00%6.92%6.01%9.32%
R&D17.78M19.54M24.28M28.59M28.01M33.03M39.87M52.58M61.35M76.69M76.09M86.40M93.97M63.24M
R&D as % of Total Revenue4.65%4.98%4.99%5.43%5.12%5.35%5.74%6.17%6.52%7.25%7.69%8.29%7.57%4.41%
Interest Expense00131.76K240.99K312.50K300.85K22.64M232.74K455.88K630.61K645.03K519.84K2.00M7.00M
Interest Expense % of Total Revenue0.00%0.00%0.03%0.05%0.06%0.05%3.26%0.03%0.05%0.06%0.07%0.05%0.16%0.49%

Balance Sheet

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets639.03M682.11M831.85M899.90M1.01B1.69B1.82B1.82B1.96B2.13B2.22B2.32B2.57B2.71B
Total Liabilities271.69M236.55M316.46M286.60M295.27M291.14M316.07M356.30M428.74M491.50M534.25M550.69M654.50M747.99M
Total Equity361.36M438.89M514.73M613.30M715.65M1.40B1.50B1.46B1.54B1.64B1.69B1.77B1.72B1.73B
Cash108.02M134.52M194.29M217.79M294.08M889.52M915.52M813.22M439.11M811.41M639.95M753.33M499.58M707.90M
Total Debt10.00M-------3.66M5.09M4.86M1.43M71.61M355.60M
Net Debt-98.02M-134.52M-194.29M-217.79M-294.08M-889.52M-915.52M-813.22M-435.44M-806.32M-635.09M-751.90M-427.97M-352.29M

Cash Flow

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow55.85M52.21M96.26M63.52M111.98M54.49M60.08M155.77M80.78M101.38M37.17M209.04M127.01M139.78M
Investing Cash Flow-10.69M-32.74M-22.15M-21.73M-50.47M-255.99M245.36M-57.48M-373.56M276.51M-265.80M-62.58M-162.87M-84.98M
Financing Cash Flow-42.08M5.36M-12.58M-15.81M-21.81M559.81M-20.69M-190.58M-84.74M-10.83M52.69M-30.76M-213.20M154.96M
Capital Expenditure13.96M33.34M30.84M24.58M12.18M25.04M22.07M75.44M71.97M77.43M187.57M134.62M74.51M70.36M
Free Cash Flow41.89M18.87M65.42M38.94M99.80M29.45M38.01M80.33M8.82M23.95M-150.41M74.42M52.50M69.42M
Dividends Paid18.44M9.54M12.58M10.81M21.81M12.87M20.69M38.62M37.74M41.33M41.60M28.97M47.88M37.00M
FCF to OCF75.00%36.15%67.96%61.30%89.12%54.05%63.26%51.57%10.91%23.62%-404.69%35.60%41.33%49.67%
Dividend Paid to FCF44.03%50.53%19.23%27.75%21.85%43.69%54.44%48.08%428.05%172.58%-27.66%38.92%91.21%53.30%

Earnings

Report DateSep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Apr 27, 2020Aug 18, 2020Oct 23, 2020Mar 17, 2021Apr 27, 2021Aug 18, 2021Oct 27, 2021Mar 17, 2022Apr 28, 2022Aug 17, 2022Oct 24, 2022Mar 17, 2023Apr 26, 2023Aug 17, 2023Oct 26, 2023Mar 14, 2024Apr 28, 2024Jun 30, 2024Oct 27, 2024Mar 17, 2025Apr 9, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate------------------------------------
EPS Actual0.130.150.130.250.110.170.130.250.160.230.160.280.150.310.160.330.130.150.100.04-0.000.030.030.110.040.200.080.160.060.100.010.150.020.520.010.08
Surprise------------------------------------
Timing-------------Pre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-market-Pre-marketPre-marketAfter-hours-----

Key Statistics & Ratios

Market Cap3.26B
Enterprise Value2.89B
Trailing P/E23.77
Forward P/E0.00
Price / Sales2.25
Price / Book1.76
EPS0.71
Book Value9.71
Revenue (TTM)1.45B
Gross Profit (TTM)419.96M
EBITDA219.22M
Profit Margin8.36%
Operating Margin5.22%
Return on Equity6.69%
Return on Assets3.57%
Shares Outstanding193.11M
Shares Float102.91M
Beta0.26
Dividend Yield2.96%
Dividend Rate0.50
Payout Ratio79.25%

Dividends

20261×
0.50Apr 21, 2026
20251×
0.20Apr 17, 2025
20241×
0.25Apr 23, 2024
20231×
0.15May 8, 2023
20221×
0.22Apr 29, 2022
20211×
0.23May 28, 2021
20201×
0.21Apr 14, 2020
20191×
0.20May 15, 2019
20181×
0.11Jun 4, 2018

Stock Splits

  • Jun 4, 20181.4:1