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Zhejiang Oceanking Development Co Ltd

Zhejiang Oceanking Development Co Ltd

603213 · SHG · Basic Materials / Chemicals

13.94CNY-0.05 (-0.36%)

Price History

Full chart

Market Stats

Previous Close13.99
Open13.92
Day Range13.84 – 13.98
52-Week Range12.55 – 15.04
Volume1.69M
Market Cap6.17B
P/E (TTM)231.17
Forward P/E0.00
EPS0.06
Dividend Yield1.80%
Beta0.62
50-Day Avg13.80
200-Day Avg13.78

About

Zhejiang Oceanking Development Co., Ltd. engages in the production and sales of chlor-alkali products and PVC in China. It offers PVC, caustic soda, liquid chlorine, epichlorohydrin, chlorinated paraffin, methyl isobutyl ketone, high purity hydrogen, sodium hypochlorite, and high purity hydrochloric acid. The company was incorporated in 2004 and is headquartered in Ningbo, China.

Company Details

  • SectorBasic Materials
  • IndustryChemicals
  • CEOMr. Shuguang Shen
  • Employees567
  • HeadquartersNo. 655, Haitian Middle Road, Ningbo, China, 315204, China
  • Websitehttps://www.nbocc.com

Leadership

  • Mr. Shuguang ShenChairman & GM · b. 1971
  • Mr. Yuan ZhangExecutive VP & CFO · b. 1988
  • Mr. Qiang ZhouChief Risk Officer · b. 1970
  • Mr. Shizhou WangDeputy GM & Chief Engineer · b. 1981
  • Mr. Yanchun ShiDeputy GM & Secretary of the Board of Directors · b. 1971

Financials

Income Statement

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.18B1.15B1.14B1.15B2.12B2.56B2.11B2.90B2.63B
Growth (%)--2.52%-1.46%+1.37%+83.70%+21.07%-17.48%+37.10%-9.45%
Cost of Revenue914.71M911.23M889.23M953.97M1.45B1.97B1.73B2.53B2.38B
Gross Profit268.71M242.34M247.47M198.30M667.02M591.17M387.33M366.63M243.72M
Gross Margin22.71%21.01%21.77%17.21%31.51%23.07%18.32%12.65%9.28%
Operating Expense123.19M98.55M87.22M14.95M51.64M90.82M71.15M120.23M107.38M
Operating Income145.52M143.79M160.26M183.35M615.38M500.35M316.18M246.40M136.34M
Operating Margin12.30%12.47%14.10%15.91%29.07%19.52%14.95%8.50%5.19%
EBITDA209.49M196.21M212.47M224.26M651.94M560.82M389.15M367.97M257.21M
EBITDA Margin17.70%17.01%18.69%19.46%30.80%21.88%18.40%12.69%9.80%
Net Income103.85M108.25M127.14M129.69M496.83M379.42M248.83M191.08M75.62M
Net Income Margin8.78%9.38%11.19%11.25%23.47%14.81%11.77%6.59%2.88%
R&D12.72M13.34M10.60M11.26M21.13M39.72M42.52M60.77M54.38M
R&D as % of Total Revenue1.08%1.16%0.93%0.98%1.00%1.55%2.01%2.10%2.07%
Interest Expense18.79M16.30M7.04M1.49M3.06M4.35M5.01M17.87M24.00M
Interest Expense % of Total Revenue1.59%1.41%0.62%0.13%0.14%0.17%0.24%0.62%0.91%

Balance Sheet

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets828.79M692.64M863.08M1.14B2.08B2.55B2.97B3.27B3.40B
Total Liabilities551.79M392.52M177.79M337.64M494.42M826.01M1.19B1.34B1.46B
Total Equity247.88M298.79M683.71M790.48M1.58B1.71B1.78B1.93B1.94B
Cash106.82M133.42M167.18M224.24M472.70M418.62M79.01M189.60M224.84M
Total Debt354.95M228.14M3.15M107.10M50.06M5.01M288.05M680.03M-
Net Debt248.13M94.72M-164.03M-117.15M-422.64M-413.62M209.04M490.44M486.24M

Cash Flow

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow198.02M221.36M93.68M63.62M129.56M526.91M47.27M-19.02M320.20M
Investing Cash Flow-15.30M-52.40M-85.12M-60.43M-112.48M-287.67M-493.02M-174.25M-
Financing Cash Flow-100.24M-142.36M25.20M53.87M231.37M-296.45M90.54M322.55M-
Capital Expenditure16.39M52.40M85.97M92.60M135.79M308.21M498.92M180.73M251.68M
Free Cash Flow181.62M168.96M7.71M-28.98M-6.23M218.69M-451.65M-199.74M68.52M
Dividends Paid18.89M15.55M7.41M24.22M59.87M250.44M190.64M133.11M122.04M
FCF to OCF91.72%76.33%8.23%-45.55%-4.81%41.50%-955.42%1050.27%21.40%
Dividend Paid to FCF10.40%9.20%96.18%-83.58%-961.27%114.52%-42.21%-66.64%178.10%

Earnings

Report DateDec 31, 2021Apr 21, 2022Aug 18, 2022Oct 27, 2022Dec 31, 2022Apr 28, 2023
EPS Estimate------
EPS Actual0.550.240.330.160.140.14
Surprise------
Timing-Pre-marketPre-marketPre-market-Pre-market

Key Statistics & Ratios

Market Cap6.17B
Enterprise Value6.69B
Trailing P/E231.17
Forward P/E0.00
Price / Sales2.51
Price / Book3.29
EPS0.06
Book Value4.18
Revenue (TTM)2.46B
Gross Profit (TTM)164.43M
EBITDA188.30M
Profit Margin1.13%
Operating Margin-7.87%
Return on Equity1.51%
Return on Assets0.98%
Shares Outstanding444.89M
Shares Float103.20M
Beta0.62
Dividend Yield1.80%
Dividend Rate0.25
Payout Ratio416.67%

Dividends

20261×
0.25May 25, 2026
20251×
0.27May 28, 2025
20241×
0.28May 28, 2024
20231×
0.43May 26, 2023
20221×
0.58May 30, 2022