YOLFTbeta
Doright Co.Ltd.

Doright Co.Ltd.

300950 · SHE · Industrials / Specialty Industrial Machinery

16.72CNY-0.70 (-4.02%)

Price History

Full chart

Market Stats

Previous Close17.42
Open17.00
Day Range16.56 – 17.68
52-Week Range13.80 – 40.98
Volume1.71M
Market Cap3.05B
P/E (TTM)56.74
Forward P/E0.00
EPS0.35
Dividend Yield1.01%
Beta0.80
50-Day Avg17.58
200-Day Avg20.48

About

Doright Co.,Ltd. engages in the design, research and development, manufacture, inspection, sale, and servicing of energy-saving and environmental protection equipment in China. The company provides energy-saving heat exchange equipment, including heat exchangers, high-temperature air preheater, waste heat boiler, rotary dryer, new energy saving type ceramic fiber fire box, and quench boiler; cryogenic heat exchanger with pin-tube type, reactors, atmospheric pressure vessels and tanks, and tower piece; and powder processing and environment protection equipment, including rotary dryer, carbon black feeder, pin tube heat exchanger, installation and maintenance of pressure pipelines, wet pelletizer, dry pelletizer, pigment pelletizer, and vibrating screen. It also provides clean combustion, heat transfer, and energy-saving solutions for customers in chemical, energy, metallurgy, and solid waste treatment industries. The company also exports its products to Asia, Europe, North America, South America, Oceania, and Africa. Doright Co.,Ltd. was founded in 2004 and is based in Qingdao, China.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Industrial Machinery
  • CEOMr. Chao Song
  • Employees612
  • Headquarters668#, Binzhou Road, Qingdao, China, 266300, China
  • Websitehttps://www.doright.biz

Leadership

  • Mr. Chao SongGM & Director · b. 1986
  • Mr. Linlin GaoCFO, Deputy GM, Secretary of the Board & Non-Independent Director · b. 1986
  • Mr. Long MengDeputy General Manager · b. 1973
  • Ms. Li JiangHead of Accounting

Financials

Income Statement

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue204.29M141.21M161.57M163.81M217.98M235.74M264.03M250.53M294.55M323.53M309.99M509.03M546.51M
Growth (%)--30.88%+14.42%+1.39%+33.07%+8.15%+12.00%-5.11%+17.57%+9.84%-4.19%+64.21%+7.36%
Cost of Revenue134.27M89.86M99.76M96.88M132.38M141.44M152.81M145.97M204.07M198.36M199.11M315.31M341.45M
Gross Profit70.03M51.35M61.81M66.93M85.60M94.30M111.22M104.56M90.48M125.17M110.88M193.72M205.07M
Gross Margin34.28%36.36%38.26%40.86%39.27%40.00%42.12%41.74%30.72%38.69%35.77%38.06%37.52%
Operating Expense36.43M38.88M36.00M32.35M40.79M34.48M38.47M32.91M38.84M49.40M65.20M81.98M90.64M
Operating Income33.60M12.46M25.81M34.59M44.80M59.82M72.75M71.65M51.64M75.77M45.67M111.74M114.43M
Operating Margin16.45%8.83%15.97%21.11%20.55%25.38%27.55%28.60%17.53%23.42%14.73%21.95%20.94%
EBITDA38.79M23.65M33.49M42.58M53.82M70.08M83.37M83.65M60.48M87.84M58.49M127.24M125.24M
EBITDA Margin18.99%16.75%20.73%25.99%24.69%29.73%31.58%33.39%20.53%27.15%18.87%25.00%22.92%
Net Income29.00M13.84M23.64M30.57M38.84M51.05M61.98M61.52M42.90M65.58M38.66M96.72M92.05M
Net Income Margin14.20%9.80%14.63%18.66%17.82%21.66%23.47%24.56%14.57%20.27%12.47%19.00%16.84%
R&D8.51M8.54M-18.33M9.92M9.48M9.97M10.82M13.19M15.96M18.85M20.95M25.36M
R&D as % of Total Revenue4.16%6.05%-11.19%4.55%4.02%3.77%4.32%4.48%4.93%6.08%4.12%4.64%
Interest Expense2.29M1.61M-978.45K1.26M888.80K742.22K595.54K438.17K1.03M893.16K940.86K1.90M
Interest Expense % of Total Revenue1.12%1.14%-0.60%0.58%0.38%0.28%0.24%0.15%0.32%0.29%0.18%0.35%

Balance Sheet

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets316.88M325.48M357.79M412.02M463.25M549.90M562.44M531.37M785.91M908.76M1.12B1.12B1.30B
Total Liabilities118.93M112.39M103.79M150.13M162.84M213.17M214.95M166.80M211.67M277.45M454.54M383.04M477.32M
Total Equity197.95M213.08M237.80M260.25M300.10M329.85M347.49M364.57M574.24M631.31M661.00M741.08M820.85M
Cash63.01M72.24M80.95M109.86M107.12M124.67M118.10M155.74M301.87M259.26M282.64M195.57M235.22M
Total Debt25.61M25.00M14.39M23.00M21.50M10.00M10.00M35.42M13.08M2.86M19.24M18.72M-
Net Debt-37.40M-47.24M-66.56M-86.86M-85.62M-114.67M-108.10M-120.33M-288.79M-256.40M-263.39M-176.84M-

Cash Flow

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow13.04M11.82M31.04M19.05M27.42M13.17M83.18M84.89M37.22M84.57M86.61M53.69M108.39M
Investing Cash Flow-32.83M-3.33M-20.95M-5.63M-10.53M-6.77M-34.85M30.54M-81.05M-123.79M-59.83M-81.34M-
Financing Cash Flow51.27M829.47K-8.11M-6.26M-4.53M-27.64M-48.03M-57.76M178.35M-21.11M-1.09M-39.85M-
Capital Expenditure32.88M3.33M20.95M5.77M9.65M6.87M7.35M3.42M9.18M36.23M129.35M132.64M42.46M
Free Cash Flow-19.84M8.49M10.10M13.28M17.77M6.30M75.83M81.47M28.04M48.34M-47.21M-78.95M65.93M
Dividends Paid2.34M8.21M2.50M14.87M3.03M23.13M45.00M45.00M10.00M10.00M15.43M23.02M32.56M
FCF to OCF-152.20%71.80%32.52%69.69%64.81%47.87%91.16%95.97%75.34%57.16%-54.51%-147.04%60.82%
Dividend Paid to FCF-11.79%96.76%24.72%112.01%17.06%366.87%59.34%55.24%35.66%20.69%-32.69%-29.15%49.38%

Earnings

Report DateMar 31, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023Sep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026
EPS Estimate---------------------
EPS Actual0.060.060.050.120.040.120.180.100.140.070.040.010.340.120.20-0.010.160.160.150.120.03
Surprise---------------------
Timing---------------------

Key Statistics & Ratios

Market Cap3.05B
Enterprise Value3.13B
Trailing P/E56.74
Forward P/E0.00
Price / Sales5.66
Price / Book3.95
EPS0.35
Book Value5.31
Revenue (TTM)539.02M
Gross Profit (TTM)178.56M
EBITDA79.55M
Profit Margin10.03%
Operating Margin6.13%
Return on Equity6.85%
Return on Assets3.07%
Shares Outstanding153.64M
Shares Float63.87M
Beta0.80
Dividend Yield1.01%
Dividend Rate0.20
Payout Ratio65.75%

Dividends

20261×
0.20May 29, 2026
20251×
0.20May 23, 2025
20241×
0.15Jun 11, 2024
20231×
0.10May 30, 2023
20221×
0.10Jun 8, 2022
20211×
0.07Jun 1, 2021

Stock Splits

  • Jun 8, 20221.5:1