YOLFTbeta
60

Zhejiang MustangBattery Co.Ltd

605378 · SHG · Industrials / Electrical Equipment & Parts

14.11CNY-0.29 (-2.01%)

Price History

Full chart

Market Stats

Previous Close14.40
Open14.46
Day Range14.00 – 14.60
52-Week Range12.01 – 29.12
Volume3.59M
Market Cap4.10B
P/E (TTM)261.67
Forward P/E0.00
EPS0.06
Dividend Yield0.96%
Beta0.68
50-Day Avg14.39
200-Day Avg18.06

About

Zhejiang Mustang Battery Co.,Ltd engages in the research and development, production, and sale of zinc-manganese batteries in China and internationally. The company offers alkaline batteries, zinc-carbon products, Ni-mh products, special products, and package products, as well as alkaline-manganese batteries under the Mustang, MUSTANG, and RAYMAX brands. It sells its products in the European Union, North America, and Southeast Asia. The company was founded in 1996 and is headquartered in Ningbo, China.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Gufeng Yu
  • Employees736
  • HeadquartersNo. 818 Rongji Road, Ningbo, China, 315202, China
  • Websitehttps://www.mustangbattery.com

Leadership

  • Mr. Gufeng YuGM & Director · b. 1971
  • Ms. Ya Li PangFinancial Director & Accounting Supervisor · b. 1972
  • Mr. Kejun ChenDeputy GM & Director · b. 1977
  • Mr. Guyong YuDeputy GM & Director · b. 1977
  • Mr. Xiang ZhuBoard Secretary · b. 1977
  • Mr. Chen Bo HuDeputy General Manager · b. 1975

Financials

Income Statement

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue898.06M1.08B1.05B990.62M1.10B1.19B1.02B996.86M1.30B1.24B
Growth (%)-+20.02%-2.40%-5.83%+10.92%+7.99%-14.03%-2.28%+30.27%-4.54%
Cost of Revenue676.13M872.50M821.40M747.56M841.65M1.00B848.49M800.92M1.03B1.06B
Gross Profit221.93M205.40M230.58M243.07M257.13M183.42M171.61M195.94M265.21M176.05M
Gross Margin24.71%19.06%21.92%24.54%23.40%15.46%16.82%19.66%20.42%14.20%
Operating Expense89.47M146.07M106.36M101.48M122.63M105.35M59.42M74.32M88.91M122.58M
Operating Income132.46M59.33M124.22M141.59M134.50M78.08M112.19M121.62M176.30M53.48M
Operating Margin14.75%5.50%11.81%14.29%12.24%6.58%11.00%12.20%13.58%4.31%
EBITDA191.12M82.28M147.84M171.67M164.73M119.24M148.40M157.08M208.02M108.11M
EBITDA Margin21.28%7.63%14.05%17.33%14.99%10.05%14.55%15.76%16.02%8.72%
Net Income134.03M54.03M104.88M123.20M118.27M75.84M98.67M105.54M152.78M58.24M
Net Income Margin14.92%5.01%9.97%12.44%10.76%6.39%9.67%10.59%11.76%4.70%
R&D23.53M25.70M27.59M28.82M31.84M35.25M31.63M29.93M38.88M38.90M
R&D as % of Total Revenue2.62%2.38%2.62%2.91%2.90%2.97%3.10%3.00%2.99%3.14%
Interest Expense13.38M433.76K56.01K775.69K658.83K649.25K594.78K536.41K641.29K4.50K
Interest Expense % of Total Revenue1.49%0.04%0.01%0.08%0.06%0.05%0.06%0.05%0.05%0.00%

Balance Sheet

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets618.50M714.33M722.65M767.40M904.17M1.43B1.49B1.57B1.63B1.48B
Total Liabilities276.83M365.37M272.53M262.08M320.59M293.18M298.05M336.05M342.17M227.99M
Total Equity341.67M348.96M450.12M505.32M583.58M1.14B1.19B1.23B1.29B1.25B
Cash33.15M129.83M58.49M48.23M41.53M55.23M96.33M211.87M212.30M246.02M
Total Debt-9.80M-53.94M48.01M267.99K109.15K142.71K74.97K-
Net Debt-33.15M-120.03M-58.49M5.71M6.48M-54.96M-96.22M-211.66M-212.22M-

Cash Flow

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow115.47M120.23M73.37M195.34M151.77M77.99M165.12M103.27M80.70M164.31M
Investing Cash Flow37.44M-25.11M-78.72M-132.88M-115.96M-525.20M-96.47M84.92M19.06M-
Financing Cash Flow-168.32M-8.72M-61.44M-68.99M-41.40M477.88M-46.77M-66.77M-100.07M-
Capital Expenditure31.11M58.87M31.10M34.92M52.21M80.85M87.70M77.25M113.21M163.59M
Free Cash Flow84.36M61.36M42.27M160.41M99.57M-2.86M77.42M26.03M-32.51M715.83K
Dividends Paid168.02M18.52M51.64M68.00M40.00M66.67M46.67M66.67M100.00M93.34M
FCF to OCF73.06%51.03%57.61%82.12%65.60%-3.67%46.89%25.20%-40.28%0.44%
Dividend Paid to FCF199.17%30.18%122.17%42.39%40.17%-2331.59%60.28%256.15%-307.65%13039.12%

Earnings

Report DateJun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate--------
EPS Actual0.110.200.080.020.250.280.190.08
Surprise--------
Timing--------

Key Statistics & Ratios

Market Cap4.10B
Enterprise Value3.50B
Trailing P/E261.67
Forward P/E0.00
Price / Sales3.39
Price / Book3.27
EPS0.06
Book Value4.60
Revenue (TTM)1.21B
Gross Profit (TTM)149.02M
EBITDA62.23M
Profit Margin1.40%
Operating Margin-0.50%
Return on Equity1.39%
Return on Assets0.87%
Shares Outstanding261.35M
Shares Float72.70M
Beta0.68
Dividend Yield0.96%
Dividend Rate0.15
Payout Ratio250.00%

Dividends

20261×
0.15Jun 16, 2026
20251×
0.50Jun 4, 2025
20241×
0.54Jun 6, 2024
20231×
0.26Jun 2, 2023
20221×
0.18Jun 2, 2022
20211×
0.26Jun 4, 2021

Stock Splits

  • Jun 4, 20251.4:1
  • Jun 6, 20241.4:1