Friend Co Ltd

605050 · SHG · Basic Materials / Steel

9.32CNY-0.18 (-1.89%)

Price History

Full chart

Market Stats

Previous Close9.50

Open9.50

Day Range9.29 – 9.53

52-Week Range8.91 – 16.46

Volume1.85M

Market Cap4.95B

P/E (TTM)12.88

Forward P/E0.00

EPS0.78

Dividend Yield5.47%

Beta0.07

50-Day Avg10.34

200-Day Avg11.82

About

Friend Co.,Ltd., together with its subsidiaries, provides steel logistics supply chain services for medium and high-end automobile, home appliance, and other related enterprises in China and internationally. The company offers procurement, processing, warehousing, tailoring, sorting, cutting, packaging, transportation, and distribution services, as well as corresponding technical support services. It also provides galvanized steel, cold-rolled steel, hot-rolled steel, electrical steel, color-coated steel, aluminum plates and coils, aluminum sheets, and related products. Friend Co.,Ltd. was incorporated in 2004 and is headquartered in Shanghai, China.

Company Details

SectorBasic Materials
IndustrySteel
CEOMr. Jianbin Cui
Employees870
HeadquartersNo. 888 West Youyi Road, Shanghai, China, 201906, China
Websitehttps://www.scmfriend.com

Leadership

Mr. Jianbin CuiGM & Director · b. 1976
Mr. Yibin GaoDeputy GM, CFO & Director · b. 1971
Mr. Hai Bing ZhangDeputy GM, Director of Operation Management Department & Director · b. 1978
Ms. Qian CuiDeputy GM & Board Secretary · b. 1989
Qi Feng ZhouAccounting Supervisor

Financials

Income Statement

Currency: CNY	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	4.70B	5.19B	5.61B	5.48B	6.69B	9.95B	10.34B	9.76B	11.28B	11.79B
Growth (%)	-	+10.54%	+8.08%	-2.35%	+22.04%	+48.80%	+3.91%	-5.61%	+15.54%	+4.50%
Cost of Revenue	4.21B	4.66B	5.07B	4.97B	6.21B	9.41B	9.84B	9.09B	10.71B	11.27B
Gross Profit	485.37M	534.95M	545.60M	512.73M	474.81M	542.19M	500.77M	670.36M	570.25M	517.49M
Gross Margin	10.33%	10.30%	9.72%	9.35%	7.10%	5.45%	4.84%	6.87%	5.06%	4.39%
Operating Expense	225.80M	150.01M	150.93M	139.29M	58.97M	88.19M	90.19M	104.52M	136.58M	0
Operating Income	259.57M	384.94M	394.66M	373.44M	415.84M	453.99M	410.58M	565.84M	433.67M	517.49M
Operating Margin	5.53%	7.41%	7.03%	6.81%	6.22%	4.56%	3.97%	5.80%	3.85%	4.39%
EBITDA	299.92M	442.35M	444.39M	417.71M	459.92M	519.12M	464.40M	638.04M	544.60M	591.21M
EBITDA Margin	6.38%	8.52%	7.92%	7.62%	6.88%	5.22%	4.49%	6.54%	4.83%	5.02%
Net Income	179.83M	286.79M	294.56M	279.17M	306.94M	338.67M	304.96M	417.34M	316.71M	373.12M
Net Income Margin	3.83%	5.52%	5.25%	5.09%	4.59%	3.40%	2.95%	4.28%	2.81%	3.17%
R&D	-	-	-	651.17K	1.48M	1.10M	1.88M	3.15M	5.29M	4.38M
R&D as % of Total Revenue	-	-	-	0.01%	0.02%	0.01%	0.02%	0.03%	0.05%	0.04%
Interest Expense	30.99M	30.18M	20.11M	15.51M	15.20M	18.84M	5.07M	21.11M	38.38M	9.00M
Interest Expense % of Total Revenue	0.66%	0.58%	0.36%	0.28%	0.23%	0.19%	0.05%	0.22%	0.34%	0.08%

Balance Sheet

Currency: CNY	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	2.71B	2.67B	3.06B	3.82B	5.45B	6.49B	6.90B	6.95B	8.70B	9.69B
Total Liabilities	1.95B	1.41B	1.48B	1.91B	2.46B	3.25B	2.85B	2.60B	4.23B	-4.54B
Total Equity	763.39M	1.25B	1.54B	1.82B	2.90B	3.14B	3.94B	4.21B	4.32B	4.54B
Cash	546.02M	205.61M	496.97M	770.61M	919.95M	1.23B	1.90B	959.08M	1.28B	1.88B
Total Debt	320.00M	867.00M	321.70M	266.14M	70.00M	223.86M	511.24M	431.63M	1.27B	-
Net Debt	-226.02M	661.39M	-175.27M	-504.48M	-849.95M	-1.01B	-1.38B	1.11B	-5.35M	133.16M

Cash Flow

Currency: CNY	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	-60.74M	100.72M	228.97M	409.79M	100.31M	16.99M	107.41M	-520.03M	66.98M	73.24M
Investing Cash Flow	79.02M	-10.84M	-63.39M	-119.49M	-453.93M	277.55M	-291.89M	-317.90M	-569.08M	-
Financing Cash Flow	-39.80M	-37.74M	58.18M	-228.71M	338.87M	-218.34M	764.64M	300.31M	433.70M	-
Capital Expenditure	58.24M	16.36M	64.80M	122.84M	85.35M	94.96M	292.21M	310.16M	452.40M	386.81M
Free Cash Flow	-118.98M	84.36M	164.17M	286.95M	14.96M	-77.98M	-184.80M	-830.28M	-385.41M	-313.57M
Dividends Paid	80.43M	2.39M	11.98M	8.30M	13.61M	95.70M	156.60M	147.85M	218.10M	187.33M
FCF to OCF	195.87%	83.76%	71.70%	70.02%	14.91%	-459.10%	-172.05%	159.66%	-575.38%	-428.15%
Dividend Paid to FCF	-67.60%	2.83%	7.30%	2.89%	90.97%	-122.72%	-84.74%	-17.81%	-56.59%	-59.74%

Earnings

Report Date	Sep 30, 2020	Mar 1, 2021	Apr 25, 2021	Aug 18, 2021	Oct 29, 2021	Feb 28, 2022	Apr 29, 2022	Aug 22, 2022	Oct 30, 2022	Apr 26, 2023
EPS Estimate	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.20	0.25	0.20	0.23	0.15	0.20	0.16	0.15	0.18	0.21
Surprise	-	-	-	-	-	-	-	-	-	-
Timing	-	Pre-market	Pre-market	After-hours	Pre-market	After-hours	Pre-market	After-hours	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap4.95B

Enterprise Value6.07B

Trailing P/E12.88

Forward P/E0.00

Price / Sales0.42

Price / Book1.11

EPS0.78

Book Value9.08

Revenue (TTM)11.90B

Gross Profit (TTM)710.38M

EBITDA651.64M

Profit Margin3.21%

Operating Margin3.90%

Return on Equity8.64%

Return on Assets3.70%

Shares Outstanding492.83M

Shares Float168.08M

Beta0.07

Dividend Yield5.47%

Dividend Rate0.55

Payout Ratio44.87%

Dividends

20262×

0.20Jul 9, 20260.20Feb 5, 2026

20252×

0.15Jul 24, 20250.20Feb 19, 2025

20241×

0.43Jun 28, 2024

20231×

0.30Jul 3, 2023

20221×

0.36Jun 24, 2022

20211×

0.22May 14, 2021