Tianjin Silvery Dragon

603969 · SHG · Basic Materials / Steel

5.77CNY-0.09 (-1.54%)

Price History

Full chart

Market Stats

Previous Close5.86

Open5.96

Day Range5.75 – 5.98

52-Week Range6.71 – 11.53

Volume7.62M

Market Cap6.28B

P/E (TTM)14.12

Forward P/E0.00

EPS0.51

Dividend Yield0.97%

Beta0.09

50-Day Avg7.45

200-Day Avg8.78

About

Silvery Dragon Group Co., Ltd. Tianjin, together with its subsidiaries, researches, develops, manufactures and sells prestressed steel products in China and internationally. It offers prestressed materials comprising galvanized (aluminum) wires for bridge cables, PC strands for wind power concrete towers, prestressed galvanized (aluminum) strands for photovoltaic, unbonded galvanized strands for hydropower, strands for nuclear power plant safety shells and low temperature LNG/LPG, prestressing systems of high-speed railway track slabs, PC wires for railway sleepers and PCCP pipelines, and PC bars for t-shaped continuous beams. The company also provides prestressed concrete products for track slabs; new energy materials products, such as prestressed flexible large-span suspension photovoltaic support systems, flexible photovoltaic support prestressed anchors, and flexible photovoltaic bracket side slopes; automation equipment; and precision steel molds for track slabs, sleepers, and pipe segments. In addition, it offers project management information and intelligent monitoring systems, such as 3D displacement intelligent monitoring systems for construction engineering, seamless rail crawling monitoring systems, railway seamless rail stress release and locking construction management systems, concrete product production management systems for rail transit, PCCP water pipeline production management systems, and wind power concrete tower intelligent monitoring systems. The company serves the rail transit, highways, railways, water conservancy, new energy, construction, and other sectors. Further, it is also involved in new energy project investment; trading; technology development and technical consulting; technical services; and power generation and transmission activities. The company exports its products. The company was formerly known as Silvery Dragon Prestressed Materials Co.,LTD Tianjin and changed its name to Silvery Dragon Group Co., Ltd. Tianjin in December 2025. Silvery Dragon Group Co., Ltd. Tianjin was f

Company Details

SectorBasic Materials
IndustrySteel
CEOMr. Zhifeng Xie
Employees1.11K
HeadquartersNo. 62, Shuangjiang Road, Tianjin, China, 300400, China
Websitehttps://www.yinlong.com

Leadership

Mr. Zhifeng XieChairman & GM · b. 1976
Mr. Zhong ZhichaoCFO & Director · b. 1967
Mr. Xin WangDirector of the Administrative Office & Employee Director · b. 1971
Mr. Zhichao XieMarketing Director · b. 1985
Ms. Zhaoting XieCompany Secretary · b. 1990
Mr. Zhigang AiDeputy General Manager · b. 1990
Mr. Qiming ZhangDeputy General Manager · b. 1965
Mr. Zhiqin XieDeputy General Manager · b. 1981
Mr. Zhi Jie XieDeputy General Manager · b. 1984
Jian Hui LiHead of Accounting Dept. & Accounting Supervisor

Financials

Income Statement

Currency: CNY	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	1.58B	1.33B	1.95B	1.98B	1.40B	1.48B	2.18B	2.34B	2.65B	2.56B	3.15B	2.46B	2.75B	3.05B	3.20B
Growth (%)	-	-15.67%	+46.81%	+1.47%	-29.57%	+6.27%	+46.79%	+7.30%	+13.22%	-3.37%	+23.16%	-21.78%	+11.57%	+11.10%	+4.95%
Cost of Revenue	1.38B	1.14B	1.62B	1.61B	1.08B	1.12B	1.81B	1.94B	2.20B	2.20B	2.72B	2.14B	2.34B	2.50B	2.40B
Gross Profit	202.65M	187.28M	333.24M	369.17M	316.82M	359.94M	367.45M	401.21M	447.59M	358.09M	425.42M	326.87M	411.30M	557.55M	3.20B
Gross Margin	12.84%	14.07%	17.05%	18.62%	22.69%	24.25%	16.87%	17.16%	16.91%	14.00%	13.51%	13.27%	14.96%	18.26%	100.00%
Operating Expense	88.27M	97.19M	186.67M	218.12M	160.83M	183.35M	226.00M	212.08M	239.59M	187.83M	240.80M	201.99M	201.63M	248.10M	2.72B
Operating Income	114.37M	90.09M	146.57M	151.04M	155.98M	176.58M	141.45M	189.13M	208.00M	170.26M	184.62M	124.88M	209.67M	309.45M	484.22M
Operating Margin	7.25%	6.77%	7.50%	7.62%	11.17%	11.90%	6.49%	8.09%	7.86%	6.66%	5.86%	5.07%	7.63%	10.13%	15.11%
EBITDA	104.25M	107.02M	195.24M	200.75M	173.00M	182.81M	184.12M	201.03M	255.31M	238.49M	259.27M	157.94M	236.95M	366.47M	484.22M
EBITDA Margin	6.61%	8.04%	9.99%	10.13%	12.39%	12.32%	8.45%	8.60%	9.65%	9.33%	8.23%	6.41%	8.62%	12.00%	15.11%
Net Income	59.55M	54.18M	121.87M	131.38M	128.46M	144.85M	118.25M	150.44M	166.11M	136.57M	146.64M	103.86M	171.56M	236.65M	365.84M
Net Income Margin	3.77%	4.07%	6.24%	6.63%	9.20%	9.76%	5.43%	6.44%	6.28%	5.34%	4.66%	4.22%	6.24%	7.75%	11.41%
R&D	31.43M	27.88M	53.71M	50.47M	34.36M	46.93M	45.75M	65.37M	74.17M	61.24M	66.47M	68.61M	84.36M	103.81M	118.65M
R&D as % of Total Revenue	1.99%	2.09%	2.75%	2.55%	2.46%	3.16%	2.10%	2.80%	2.80%	2.39%	2.11%	2.79%	3.07%	3.40%	3.70%
Interest Expense	18.71M	22.23M	19.12M	25.51M	7.40M	1.25M	4.59M	16.81M	38.53M	23.27M	23.72M	24.83M	14.44M	22.27M	24.08M
Interest Expense % of Total Revenue	1.19%	1.67%	0.98%	1.29%	0.53%	0.08%	0.21%	0.72%	1.46%	0.91%	0.75%	1.01%	0.53%	0.73%	0.75%

Balance Sheet

Currency: CNY	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	793.36M	988.03M	1.16B	1.26B	1.61B	1.75B	2.14B	2.69B	3.13B	2.70B	3.10B	3.24B	3.37B	3.91B	4.59B
Total Liabilities	308.53M	441.06M	511.24M	473.90M	86.31M	145.18M	498.08M	950.29M	1.29B	785.32M	1.08B	1.12B	1.09B	1.44B	1.78B
Total Equity	484.83M	539.01M	643.75M	775.13M	1.51B	1.59B	1.63B	1.73B	1.82B	1.90B	2.00B	2.11B	2.25B	2.44B	2.77B
Cash	68.74M	109.03M	140.80M	120.49M	501.43M	204.94M	162.44M	319.77M	220.33M	248.82M	352.21M	320.08M	225.13M	241.16M	292.82M
Total Debt	227.00M	286.50M	378.00M	305.00M	-	-	150.00M	253.00M	417.56M	302.27M	411.60M	171.10M	263.25M	779.16M	-
Net Debt	158.26M	177.47M	237.20M	184.51M	-501.43M	-204.94M	-12.44M	-66.77M	197.23M	53.44M	59.40M	-148.98M	38.12M	538.01M	426.09M

Cash Flow

Currency: CNY	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-82.70M	10.58M	69.00M	155.01M	212.25M	-86.39M	-34.37M	256.90M	-353.80K	270.59M	-70.28M	189.26M	-66.44M	-106.08M	126.68M
Investing Cash Flow	-65.37M	-31.73M	-92.31M	-67.02M	-139.63M	-135.44M	-100.78M	-218.78M	-456.93M	395.20M	-107.95M	-116.88M	94.69M	-69.27M	-
Financing Cash Flow	173.43M	48.46M	78.46M	-112.43M	298.18M	-65.40M	56.84M	60.32M	407.63M	-635.67M	178.74M	-67.27M	-90.30M	205.93M	-
Capital Expenditure	66.07M	31.76M	110.03M	67.13M	115.96M	76.37M	117.94M	181.85M	73.34M	9.67M	3.45M	66.75M	31.86M	24.75M	23.82M
Free Cash Flow	-148.77M	-21.19M	-41.04M	87.87M	96.28M	-162.76M	-152.31M	75.05M	-73.70M	260.92M	-73.73M	122.51M	-102.88M	-130.83M	102.86M
Dividends Paid	46.59M	18.26M	17.17M	39.53M	36.86M	60.00M	93.16M	77.88M	84.10M	50.23M	58.61M	22.15M	65.38M	78.99M	85.71M
FCF to OCF	179.88%	-200.32%	-59.48%	56.69%	45.36%	188.40%	443.11%	29.21%	20830.02%	96.43%	104.92%	64.73%	154.83%	123.33%	81.20%
Dividend Paid to FCF	-31.32%	-86.18%	-41.85%	44.99%	38.28%	-36.87%	-61.16%	103.77%	-114.12%	19.25%	-79.48%	18.08%	-63.55%	-60.37%	83.33%

Earnings

Report Date	Apr 15, 2015	Sep 2, 2015	Oct 28, 2015	Mar 2, 2016	Apr 7, 2016	Jul 21, 2016	Oct 18, 2016	Mar 15, 2017	Apr 26, 2017	Aug 15, 2017	Oct 25, 2017	Mar 20, 2018	Apr 25, 2018	Aug 15, 2018	Oct 30, 2018	Mar 18, 2019	Apr 30, 2019	Aug 30, 2019	Oct 30, 2019	Apr 30, 2020	Aug 28, 2020	Oct 30, 2020	Apr 29, 2021	Aug 25, 2021	Oct 26, 2021	Apr 27, 2022	Aug 31, 2022	Oct 26, 2022	Apr 27, 2023
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.03	0.05	0.03	0.04	0.01	0.05	0.06	0.05	0.04	0.04	0.03	0.03	0.01	0.05	0.06	0.07	0.02	0.07	0.06	0.01	0.06	0.06	0.05	0.09	0.04	0.03	0.04	0.04	0.04
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	Pre-market	-	After-hours	-	After-hours	Pre-market	Pre-market	After-hours	After-hours	After-hours	Pre-market	After-hours	Pre-market	Pre-market	After-hours	Pre-market	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap6.28B

Enterprise Value7.09B

Trailing P/E14.12

Forward P/E0.00

Price / Sales1.89

Price / Book2.17

EPS0.51

Book Value3.35

Revenue (TTM)3.32B

Gross Profit (TTM)903.73M

EBITDA624.75M

Profit Margin13.09%

Operating Margin21.70%

Return on Equity16.54%

Return on Assets7.99%

Shares Outstanding871.53M

Shares Float530.14M

Beta0.09

Dividend Yield0.97%

Dividend Rate0.07

Payout Ratio15.69%

Dividends

20231×

0.06Jul 12, 2023

20211×

0.07Jul 14, 2021

20201×

0.06Jun 24, 2020

20191×

0.10May 29, 2019

20181×

0.10May 10, 2018

20171×

0.11May 24, 2017

20161×

0.07May 20, 2016

20151×

0.07May 29, 2015

Stock Splits

Sep 27, 201829:20
May 10, 201829:20
May 29, 20152:1