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Baotou Tianhe Magnetics Technology Co., Ltd.

603072 · SHG · Industrials / Electrical Equipment & Parts

27.85CNY-0.64 (-2.25%)

Price History

Full chart

Market Stats

Previous Close28.49
Open28.37
Day Range27.76 – 28.74
52-Week Range26.95 – 47.55
Volume1.88M
Market Cap7.53B
P/E (TTM)35.61
Forward P/E0.00
EPS0.80
Dividend Yield0.88%
50-Day Avg29.62
200-Day Avg35.29

About

Baotou Tianhe Magnetics Technology Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of rare earth permanent magnet materials in China and internationally. It offers neodymium-iron boron permanent magnets, samarium-cobalt permanent magnets, and compression-molded magnets. The company is also involved in after-sales services; machine manufacturing and repair; import and export trade; and warehousing and distribution of magnetic materials and assemblies. Its products are used in industrial, home appliances, medical technology, energy, automated office operations, audiovisual products, electric and hybrid vehicles, telecommunications, rail transportation, shipbuilding, aerospace, and robotics applications. The company was founded in 2008 and is based in Baotou, China.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMs. Ya Chen
  • Employees1.23K
  • HeadquartersNo. 8-17, Rare Earth Street, Baotou, China, 014010, China
  • Websitehttps://www.thmagnetics.com

Leadership

  • Ms. Ya ChenGM & Director · b. 1972
  • Mr. Hai Chao ZhangSecretary of the Board, Financial Director & Director · b. 1978
  • Mr. Yi YuanDeputy GM & Director · b. 1981
  • Mr. Yi DongChief Engineer, Deputy GM & Director · b. 1982
  • Zi Pei WangAccounting Supervisor

Financials

Income Statement

Currency: CNY2022-12-312023-12-312024-12-312025-12-31
Total Revenue2.88B2.65B2.59B2.34B
Growth (%)--8.09%-2.32%-9.47%
Cost of Revenue2.43B2.27B2.25B2.01B
Gross Profit457.44M382.01M338.27M330.62M
Gross Margin15.86%14.41%13.06%14.10%
Operating Expense161.72M145.27M153.02M141.62M
Operating Income295.72M236.74M185.25M189.00M
Operating Margin10.25%8.93%7.15%8.06%
EBITDA351.18M285.39M233.92M251.58M
EBITDA Margin12.17%10.76%9.03%10.73%
Net Income222.84M168.81M136.09M161.16M
Net Income Margin7.72%6.37%5.25%6.87%
R&D131.89M92.92M96.63M112.32M
R&D as % of Total Revenue4.57%3.50%3.73%4.79%
Interest Expense66.76M41.18M24.71M11.55M
Interest Expense % of Total Revenue2.31%1.55%0.95%0.49%

Balance Sheet

Currency: CNY2022-12-312023-12-312024-12-312025-12-31
Total Assets2.58B2.99B3.39B3.26B
Total Liabilities1.56B1.80B1.33B1.08B
Total Equity1.02B1.19B2.06B2.18B
Cash129.72M378.99M848.86M737.70M
Net Debt680.22M---

Cash Flow

Currency: CNY2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-526.85M242.27M306.46M155.20M
Capital Expenditure24.66M58.19M19.52M72.43M
Free Cash Flow-551.50M184.08M286.94M82.77M
Dividends Paid32.60M42.80M24.90M49.84M
FCF to OCF104.68%75.98%93.63%53.33%
Dividend Paid to FCF-5.91%23.25%8.68%60.22%

Key Statistics & Ratios

Market Cap7.53B
Enterprise Value7.55B
Trailing P/E35.61
Forward P/E0.00
Price / Sales2.73
Price / Book3.29
EPS0.80
Book Value8.65
Revenue (TTM)2.76B
Gross Profit (TTM)437.03M
EBITDA267.41M
Profit Margin7.68%
Operating Margin14.24%
Return on Equity9.57%
Return on Assets4.11%
Shares Outstanding264.28M
Shares Float248.53M
Dividend Yield0.88%
Dividend Rate0.25
Payout Ratio31.25%