Jiangyin Hengrun Heavy

603985 · SHG · Industrials / Metal Fabrication

13.92CNY-0.26 (-1.83%)

Price History

Full chart

Market Stats

Previous Close14.18

Open14.27

Day Range13.85 – 14.47

52-Week Range13.68 – 29.60

Volume5.77M

Market Cap7.49B

P/E (TTM)67.92

Forward P/E0.00

EPS0.25

Dividend Yield0.35%

Beta0.18

50-Day Avg16.73

200-Day Avg19.46

About

Jiangyin Hengrun Heavy Industries Co., Ltd manufactures and sells precision machinery in China. The company offers wind turbine flanges and bearing, ring forgings, wind turbine bearings, gas turbine components, nuclear power components, pressure vessels, custom parts, and offshore oil and gas equipment. It also provides design, forging, and precision machining services. The company was founded in 2003 and is headquartered in Jiangyin, China.

Company Details

SectorIndustrials
IndustryMetal Fabrication
CEOMr. Hongliang Zhou
Employees1.45K
HeadquartersArea A, European Industrial Park, Jiangyin, China, 214423, China
Websitehttps://www.hrflanges.com

Leadership

Mr. Hongliang ZhouGM & Director · b. 1973
Mr. Xuejian GuChief Financial Officer · b. 1973
Mr. Jie LiuDeputy General Manager · b. 1977
Mr. Yungang PanDeputy General Manager · b. 1974
Mr. Bao Qi BianDeputy General Manager · b. 1988
Mr. Zhao ChenSecretary to Board of Directors · b. 1988
Yusheng ZhangAccounting Supervisor

Financials

Income Statement

Currency: CNY	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	621.73M	499.51M	690.91M	669.04M	629.34M	740.67M	1.19B	1.43B	2.38B	2.29B	1.94B	1.85B	1.73B	3.96B
Growth (%)	-	-19.66%	+38.32%	-3.17%	-5.93%	+17.69%	+60.03%	+20.74%	+66.61%	-3.82%	-15.20%	-4.94%	-6.64%	+129.25%
Cost of Revenue	522.28M	405.18M	529.86M	486.93M	395.50M	506.95M	890.45M	1.11B	1.67B	1.74B	1.74B	1.75B	1.69B	3.63B
Gross Profit	99.44M	94.33M	161.05M	182.11M	233.83M	233.72M	294.88M	325.85M	710.34M	558.41M	208.44M	99.06M	36.55M	326.92M
Gross Margin	15.99%	18.89%	23.31%	27.22%	37.16%	31.56%	24.88%	22.77%	29.79%	24.35%	10.72%	5.36%	2.12%	8.26%
Operating Expense	37.80M	79.28M	112.00M	104.23M	121.04M	127.27M	146.17M	248.60M	159.44M	48.38M	92.94M	142.87M	201.71M	199.01M
Operating Income	61.64M	15.05M	49.05M	77.87M	112.79M	106.45M	148.71M	77.25M	550.90M	510.03M	115.50M	-43.81M	-165.16M	127.91M
Operating Margin	9.92%	3.01%	7.10%	11.64%	17.92%	14.37%	12.55%	5.40%	23.10%	22.24%	5.94%	-2.37%	-9.57%	3.23%
EBITDA	52.14M	41.22M	79.02M	104.54M	158.05M	145.05M	186.87M	146.73M	633.68M	589.41M	166.92M	81.01M	47.48M	401.13M
EBITDA Margin	8.39%	8.25%	11.44%	15.63%	25.11%	19.58%	15.77%	10.25%	26.57%	25.70%	8.58%	4.38%	2.75%	10.14%
Net Income	41.17M	14.17M	37.89M	58.45M	94.71M	90.70M	124.82M	82.92M	463.15M	441.91M	94.80M	-34.99M	-138.29M	83.48M
Net Income Margin	6.62%	2.84%	5.48%	8.74%	15.05%	12.25%	10.53%	5.79%	19.42%	19.27%	4.87%	-1.89%	-8.01%	2.11%
R&D	2.90M	5.21M	7.81M	19.10M	24.06M	25.64M	46.58M	59.51M	99.12M	88.24M	57.81M	77.19M	67.34M	79.23M
R&D as % of Total Revenue	0.47%	1.04%	1.13%	2.85%	3.82%	3.46%	3.93%	4.16%	4.16%	3.85%	2.97%	4.18%	3.90%	2.00%
Interest Expense	0	20.54M	24.16M	22.82M	16.43M	8.05M	3.06M	17.87M	22.46M	21.91M	3.50M	17.72M	30.92M	46.54M
Interest Expense % of Total Revenue	0.00%	4.11%	3.50%	3.41%	2.61%	1.09%	0.26%	1.25%	0.94%	0.96%	0.18%	0.96%	1.79%	1.18%

Balance Sheet

Currency: CNY	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	782.03M	787.35M	863.17M	820.80M	900.48M	1.24B	1.77B	1.95B	2.69B	3.89B	4.31B	4.95B	4.60B	5.73B
Total Liabilities	520.97M	512.10M	555.97M	465.03M	459.99M	237.59M	615.75M	775.95M	1.14B	555.38M	916.56M	1.60B	1.39B	2.40B
Total Equity	261.06M	275.24M	307.20M	355.77M	440.49M	1.00B	1.10B	1.14B	1.52B	3.34B	3.40B	3.35B	3.21B	3.27B
Cash	153.90M	97.48M	122.28M	128.26M	138.47M	338.13M	256.18M	298.17M	294.75M	791.40M	1.19B	748.82M	376.10M	574.57M
Total Debt	296.00M	323.68M	318.63M	309.60M	226.62M	44.89K	184.01M	324.47M	571.45M	273.02M	81.99M	873.24M	777.63M	1.99B
Net Debt	142.10M	226.19M	196.35M	181.33M	88.14M	-338.08M	-72.17M	26.30M	276.70M	-518.38M	-1.11B	124.42M	401.53M	1.42B

Cash Flow

Currency: CNY	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	45.92M	25.67M	55.90M	82.65M	81.99M	48.81M	39.60M	28.14M	242.49M	325.51M	-158.00M	-113.01M	-106.13M	-60.97M
Investing Cash Flow	-40.00M	-59.91M	-12.64M	-8.79M	-39.35M	-70.88M	-270.36M	-72.79M	-411.34M	-778.24M	420.08M	-1.09B	-65.55M	-77.02M
Financing Cash Flow	31.70M	4.78M	-33.23M	-42.36M	-112.28M	241.46M	152.23M	84.52M	146.34M	866.06M	44.02M	815.81M	-121.29M	262.57M
Capital Expenditure	43.58M	61.08M	12.97M	8.79M	39.67M	61.02M	81.24M	78.89M	61.01M	336.19M	545.25M	1.09B	203.78M	79.49M
Free Cash Flow	2.33M	-35.41M	42.93M	73.86M	42.33M	-12.21M	-41.64M	-50.74M	181.48M	-10.69M	-703.26M	-1.20B	-309.92M	-140.47M
Dividends Paid	26.17M	21.72M	28.20M	31.67M	26.10M	20.23M	29.73M	41.60M	84.45M	81.54M	33.91M	19.55M	26.04M	25.46M
FCF to OCF	5.08%	-137.96%	76.80%	89.36%	51.62%	-25.02%	-105.14%	-180.32%	74.84%	-3.28%	445.09%	1062.46%	292.00%	230.37%
Dividend Paid to FCF	1121.46%	-61.32%	65.69%	42.88%	61.66%	-165.67%	-71.41%	-81.98%	46.53%	-763.07%	-4.82%	-1.63%	-8.40%	-18.13%

Earnings

Report Date	May 4, 2017	Aug 22, 2017	Oct 29, 2017	Apr 20, 2018	Aug 25, 2018	Oct 28, 2018	Apr 26, 2019	Aug 27, 2019	Oct 29, 2019	Apr 28, 2020	Aug 20, 2020	Oct 27, 2020	Apr 7, 2021	Aug 27, 2021	Oct 22, 2021	Apr 25, 2022	Aug 17, 2022	Oct 27, 2022	Apr 24, 2023
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.09	0.05	0.05	0.08	0.09	0.10	0.07	0.12	0.13	-0.10	0.37	0.38	0.40	0.30	0.21	0.03	0.07	0.03	0.09
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	After-hours	After-hours	After-hours	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	After-hours	Pre-market	After-hours	Pre-market	Pre-market	After-hours	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap7.49B

Enterprise Value8.61B

Trailing P/E67.92

Forward P/E0.00

Price / Sales1.99

Price / Book2.27

EPS0.25

Book Value7.54

Revenue (TTM)3.76B

Gross Profit (TTM)419.33M

EBITDA571.92M

Profit Margin2.97%

Operating Margin6.16%

Return on Equity3.66%

Return on Assets2.61%

Shares Outstanding440.86M

Shares Float250.39M

Beta0.18

Dividend Yield0.35%

Dividend Rate0.06

Payout Ratio23.62%

Dividends

20231×

0.04Jun 14, 2023

20221×

0.10Jun 10, 2022

20211×

0.31Jun 22, 2021

20202×

0.12Sep 29, 20200.18Jun 16, 2020

20191×

0.17May 20, 2019

20181×

0.11May 29, 2018

Stock Splits

Jun 10, 202213:10
Jun 22, 202113:10
Jun 16, 20207:5
May 20, 20197:5
May 29, 201813:10