Neway Valve suzhou Co Ltd

Neway Valve suzhou Co Ltd

603699 · SHG · Industrials / Specialty Industrial Machinery

38.25CNY+0.59 (+1.57%)

Price History

Full chart

Market Stats

Previous Close37.66
Open37.66
Day Range37.37 – 39.99
52-Week Range38.84 – 67.17
Volume5.63M
Market Cap33.68B
P/E (TTM)19.46
Forward P/E0.00
EPS2.22
Dividend Yield3.73%
Beta1.11
50-Day Avg47.44
200-Day Avg53.05

About

Neway Valve (Suzhou) Co., Ltd. researches, develops, produces, and sells industrial valves in the People's Republic of China and internationally. The company provides gate, globe, and check valves, including cast steel, parallel gate, axial flow/dual plate check, and forged valves; ball valves, such as floating ball, trunnion mounted ball, double ball, and other type ball valve; and butterfly valves comprising concentric, double offset, and triple offset butterfly valves. It also offers cryogenic valves, including cryogenic gate, cryogenic globe, cryogenic check, cryogenic ball, cryogenic offset butterfly, and cryogenic control valves; on-off valves, such as electric, pneumatic, hydraulic, electro-hydraulic, and pneumatic-hydraulic valves; and power plant valve comprising nuclear and conventional power plant valves. In addition, the company provides subsea gate and ball valves, and oxygen valves, as well as control valves, which includes single seated, concentric type V-notch segmental, cage guided, resistance to erosion angle type, bellow seal, and multil-stage depress pressure. Further, it offers sleeved plug valve; ductile iron valve, such as gate valve, check valve, butterfly valve, air release valve, and strainer; and liquid hydrogen valve. Its products have applications in upstream, midstream, downstream, water treatment, plant utilities, seawater desalination and transmission, data centers, wastewater treatment, potable water, district cooling plants, geothermal power, offshore wind power, biomass power, CCPP power, fired coal/gas power, carbon capture, and hydrogen energy. Neway Valve (Suzhou) Co., Ltd. was founded in 2002 and is based in Suzhou, the People's Republic of China.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Industrial Machinery
  • CEOMr. Yinlong Feng
  • Employees4.46K
  • HeadquartersNo. 666 Taishan Road, Suzhou, China, 215129, China
  • Websitehttps://www.newayvalve.com

Leadership

  • Mr. Yinlong FengGM & Director · b. 1987
  • Ms. Lei Jing LingCFO, Deputy General Manager & Secretary · b. 1971
  • Ms. Na LiDeputy GM & Director · b. 1983
  • Mr. Bin ChenDeputy General Manager · b. 1969
  • Mr. Xue Lai ChengDeputy General Manager · b. 1971
  • Mr. Jianhong LuDeputy General Manager · b. 1982
  • Hua GaoHead of Accounting Department

Financials

Income Statement

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.53B1.10B1.92B2.20B2.46B2.73B2.15B2.05B2.40B2.78B3.06B3.63B3.96B4.06B5.54B6.24B7.77B
Growth (%)--27.73%+73.54%+14.69%+11.82%+11.24%-21.37%-4.86%+17.10%+16.10%+9.92%+18.83%+9.07%+2.46%+36.59%+12.50%+24.53%
Cost of Revenue946.35M692.88M1.30B1.40B1.38B1.51B1.26B1.33B1.66B1.82B1.96B2.39B2.86B2.84B3.85B3.88B4.72B
Gross Profit581.95M411.63M616.36M801.88M1.08B1.22B890.24M717.10M733.51M957.16M1.10B1.24B1.10B1.22B1.69B2.35B3.05B
Gross Margin38.08%37.27%32.16%36.48%43.98%44.77%41.41%35.06%30.62%34.42%35.88%34.23%27.88%30.16%30.51%37.74%39.28%
Operating Expense248.82M259.98M376.21M406.19M514.25M549.03M524.62M476.07M476.82M615.14M558.19M623.27M670.07M677.51M866.13M939.07M956.19M
Operating Income333.13M151.65M240.14M395.69M566.72M675.10M365.63M241.03M256.69M342.03M538.59M620.02M434.45M546.62M825.67M1.41B2.09B
Operating Margin21.80%13.73%12.53%18.00%23.06%24.69%17.01%11.78%10.72%12.30%17.62%17.07%10.97%13.47%14.89%22.68%26.97%
EBITDA348.31M185.42M320.27M447.97M626.75M729.42M421.62M311.11M333.76M436.14M587.53M740.54M567.45M614.64M993.63M1.58B2.14B
EBITDA Margin22.79%16.79%16.71%20.38%25.50%26.68%19.61%15.21%13.93%15.68%19.22%20.39%14.32%15.14%17.92%25.33%27.58%
Net Income290.28M105.75M188.21M291.56M471.53M563.96M342.14M219.48M209.18M274.07M455.44M527.60M377.46M466.12M721.80M1.16B1.60B
Net Income Margin18.99%9.57%9.82%13.26%19.18%20.63%15.91%10.73%8.73%9.86%14.90%14.53%9.53%11.48%13.02%18.53%20.61%
R&D---66.09M80.98M56.00M38.40M23.48M85.89M105.05M105.43M129.97M150.25M176.42M185.80M167.29M198.90M
R&D as % of Total Revenue---3.01%3.29%2.05%1.79%1.15%3.59%3.78%3.45%3.58%3.79%4.35%3.35%2.68%2.56%
Interest Expense8.32M8.96M24.64M31.69M15.14M18.04M17.02M14.41M16.97M26.89M23.08M25.79M25.27M21.62M40.18M49.39M40.98M
Interest Expense % of Total Revenue0.54%0.81%1.29%1.44%0.62%0.66%0.79%0.70%0.71%0.97%0.76%0.71%0.64%0.53%0.72%0.79%0.53%

Balance Sheet

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.66B1.78B2.44B2.74B2.93B4.08B3.96B4.04B4.23B4.98B4.96B5.35B5.91B6.97B7.88B8.71B10.51B
Total Liabilities863.30M878.59M1.46B1.64B1.62B1.62B1.47B1.52B1.62B2.20B2.29B2.44B2.93B3.65B3.99B4.30B5.84B
Total Equity784.98M889.72M900.46M1.03B1.25B2.39B2.43B2.48B2.56B2.73B2.62B2.85B2.93B3.25B3.74B4.32B4.64B
Cash253.21M151.26M168.22M426.60M350.62M256.90M329.62M316.05M211.82M453.43M380.25M386.81M438.59M800.36M1.17B1.44B2.37B
Total Debt405.03M324.88M631.66M709.30M653.74M522.06M366.26M425.66M496.37M670.47M804.38M626.34M821.59M979.74M638.82M1.07B-
Net Debt151.82M173.62M463.44M282.70M303.12M265.16M36.64M109.61M284.55M217.04M424.13M239.53M383.00M179.38M915.78M-373.48M-

Cash Flow

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow373.36M-28.19M55.25M442.67M411.97M426.45M282.17M273.10M295.96M334.69M77.15M574.82M691.67M562.93M639.36M1.11B2.19B
Investing Cash Flow-326.65M382.79K-213.24M-94.12M-96.42M-961.60M227.40M-142.42M-325.18M-114.26M293.70M-93.93M-479.02M-244.89M-251.38M-310.33M-
Financing Cash Flow87.48M-73.76M176.06M-249.04M-220.26M427.57M-484.85M-136.24M-63.03M35.02M-458.25M-449.56M-166.58M-50.02M-46.22M-562.72M-
Capital Expenditure69.43M36.73M72.54M60.69M105.24M158.85M200.75M114.30M54.91M140.86M317.73M255.94M374.62M267.00M126.50M148.21M203.91M
Free Cash Flow303.93M-64.92M-17.29M381.98M306.73M267.60M81.43M158.79M241.05M193.84M-240.59M318.89M317.05M295.93M510.51M963.37M1.99B
Dividends Paid415.41M8.80M100.71M137.29M315.33M275.61M315.73M195.64M133.75M134.41M497.71M298.15M348.57M187.27M269.66M709.66M1.35B
FCF to OCF81.40%230.31%-31.29%86.29%74.46%62.75%28.86%58.14%81.45%57.92%-311.85%55.48%45.84%52.57%79.85%86.67%90.70%
Dividend Paid to FCF136.68%-13.56%-582.48%35.94%102.80%102.99%387.75%123.20%55.49%69.34%-206.87%93.50%109.94%63.28%52.82%73.66%68.11%

Earnings

Report DateMar 31, 2014Aug 16, 2014Oct 28, 2014Dec 31, 2014Apr 21, 2015Jun 30, 2015Oct 28, 2015Dec 31, 2015Apr 15, 2016Aug 27, 2016Oct 28, 2016Dec 31, 2016Apr 28, 2017Aug 30, 2017Oct 27, 2017Apr 28, 2018Aug 29, 2018Oct 29, 2018Apr 12, 2019Aug 30, 2019Oct 30, 2019Apr 24, 2020Aug 28, 2020Oct 29, 2020Apr 30, 2021Aug 27, 2021Oct 29, 2021Apr 15, 2022Aug 26, 2022Oct 28, 2022Apr 28, 2023Oct 24, 2025Dec 31, 2025Apr 29, 2026Aug 21, 2026
EPS Estimate-0.200.15----------------------------0.530.520.530.51
EPS Actual0.180.160.200.220.170.140.130.020.090.100.070.030.070.070.070.060.100.120.120.170.210.110.220.190.080.201.000.110.160.210.160.610.660.450.50
Surprise--20.00%31.87%----------------------------15.09%26.44%-15.09%-1.96%
Timing-Pre-marketAfter-hours-After-hours-Pre-market-After-hoursPre-marketAfter-hours-After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-market--Pre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-market-Pre-marketAfter-hours

Key Statistics & Ratios

Market Cap33.68B
Enterprise Value34.03B
Trailing P/E19.46
Forward P/E0.00
Price / Sales4.08
Price / Book7.51
EPS2.22
Book Value5.95
Revenue (TTM)8.26B
Gross Profit (TTM)3.26B
EBITDA2.35B
Profit Margin20.55%
Operating Margin24.39%
Return on Equity38.53%
Return on Assets14.07%
Shares Outstanding779.47M
Shares Float372.79M
Beta1.11
Dividend Yield3.73%
Dividend Rate1.61
Payout Ratio72.52%

Dividends

20231×
0.36Jul 12, 2023
20221×
0.25Jul 14, 2022
20211×
0.46Jul 15, 2021
20201×
0.40Jul 13, 2020
20191×
0.67Jul 5, 2019
20181×
0.16Jul 6, 2018
20171×
0.16Jul 7, 2017
20161×
0.25Jul 8, 2016
20151×
0.40Jul 14, 2015
20141×
0.35Jun 27, 2014