Beijing LabTech Instruments Co Ltd

688056 · SHG · Technology / Scientific & Technical Instruments

37.88CNY-1.60 (-4.05%)

Price History

Full chart

Market Stats

Previous Close39.48

Open39.60

Day Range37.75 – 40.77

52-Week Range30.93 – 82.40

Volume919.22K

Market Cap3.37B

P/E (TTM)103.96

Forward P/E0.00

EPS0.48

Dividend Yield0.30%

Beta0.03

50-Day Avg42.93

200-Day Avg41.21

About

Beijing Labtech Instruments Co., Ltd. manufactures and supplies laboratory analytical products and solutions to laboratory industry worldwide. The company offers inductively coupled plasma spectrometers, atomic absorption spectrometer, atomic fluorescence spectrometer, fully automated iodine analyzer, and direct mercury analyzer; liquid chromatography system; and microplastics and elemental analysis system. It also provides microwave digestion/extraction system, super microwave chemist platform, fully automatic dilution and labeling instruments, fully automatic acid backflow cleaning system, automated acid purification system, microwave synthesis, ashing, rapid solve extraction, solvent-free natural product extraction system, and fat analyzer; solid phase extraction system, parallel concentration, fully automatic vacuum parallel concentrator, nitrogen generator, sweep and capture series, gel purification system, thermolytic series, thermal analysis series, organic sample pretreatment solution, intelligent laboratory solution, and auxiliary devices; and digester, micro-controlled digit display electric heating plate, circulating water cooler, intelligent rotary evaporator, vacuum pump, air compressor, intelligent anti-corrosion vibrating water bath, light wave heating device, soundproof enclosure, acid removal device, magnetic heating stirrer, and digital vacuum controller. In addition, the company offers clean and environmentally friendly laboratory solutions, as well as laboratory consumables, such as atomizer, electric heating digestion consumables, fog chamber, torch tube, coil, ICP-MS cone, temperature-controlled mist chamber, flow sensor, online sample filter, online gas check valve, atomizer cleaning tools, online label adding kit, argon humidifier, and laser ablation connector. The company was founded in 2002 and is headquartered in Beijing, China.

Company Details

SectorTechnology
IndustryScientific & Technical Instruments
CEOMr. Ke Hu
Employees528
HeadquartersNo.6 Anqing Street, Beijing, China, 101312, China
Websitehttps://www.labtechgroup.com

Leadership

Mr. Ke HuChairman of the Board & GM · b. 1956
Ms. Hao YuCFO, Secretary of the Board & Director · b. 1977
Mr. Tujiang HuangDeputy General Manager · b. 1973
Ms. Wanmei DengDeputy General Manager · b. 1965
Mr. Liangcheng DingDeputy General Manager · b. 1968
Mr. Zhengqi WangChief Operating Officer · b. 1983
Yu ZhangAcounting Supervisor
Ms. Xiaoli WangEmployee Representative Director & HR Specialist · b. 1986
Mr. Junqing GengChief Engineer - Sample Pretreatment-Analytical Instrument Division · b. 1983
Mr. Zhimang GuGeneral Manager of Labtech USA · b. 1973

Financials

Income Statement

Currency: CNY	2012-12-31	2013-12-31	2014-12-31	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	188.86M	211.60M	217.83M	290.38M	322.08M	350.06M	380.52M	348.60M	368.86M	355.00M	415.99M	424.01M	402.23M
Growth (%)	-	+12.04%	+2.94%	+33.31%	+10.92%	+8.69%	+8.70%	-8.39%	+5.81%	-3.76%	+17.18%	+1.93%	-5.14%
Cost of Revenue	97.46M	104.14M	109.09M	143.28M	155.22M	181.18M	204.37M	178.90M	190.50M	186.33M	233.99M	233.07M	219.38M
Gross Profit	91.41M	107.46M	108.73M	147.10M	166.86M	168.88M	176.15M	169.71M	178.36M	168.67M	182.00M	190.94M	402.23M
Gross Margin	48.40%	50.78%	49.92%	50.66%	51.81%	48.24%	46.29%	48.68%	48.35%	47.51%	43.75%	45.03%	100.00%
Operating Expense	61.67M	69.54M	72.41M	96.96M	104.19M	104.91M	102.63M	100.48M	101.38M	117.39M	153.54M	147.19M	356.62M
Operating Income	29.74M	37.91M	36.33M	50.13M	62.67M	63.97M	73.51M	69.23M	76.98M	51.29M	28.47M	43.75M	45.61M
Operating Margin	15.74%	17.92%	16.68%	17.26%	19.46%	18.27%	19.32%	19.86%	20.87%	14.45%	6.84%	10.32%	11.34%
EBITDA	32.19M	43.27M	40.05M	52.45M	67.42M	74.87M	78.61M	81.71M	88.03M	59.50M	42.04M	59.01M	60.14M
EBITDA Margin	17.04%	20.45%	18.39%	18.06%	20.93%	21.39%	20.66%	23.44%	23.86%	16.76%	10.11%	13.92%	14.95%
Net Income	25.03M	32.78M	29.30M	45.52M	49.07M	59.82M	61.32M	65.21M	69.41M	44.62M	27.56M	39.15M	39.38M
Net Income Margin	13.25%	15.49%	13.45%	15.68%	15.24%	17.09%	16.12%	18.71%	18.82%	12.57%	6.63%	9.23%	9.79%
R&D	7.88M	9.30M	8.66M	15.03M	13.85M	13.37M	25.85M	29.34M	31.38M	38.40M	52.22M	51.49M	48.54M
R&D as % of Total Revenue	4.17%	4.40%	3.97%	5.18%	4.30%	3.82%	6.79%	8.42%	8.51%	10.82%	12.55%	12.14%	12.07%
Interest Expense	-	228.55K	-	-	396.77K	368.40K	428.01K	362.81K	321.41K	470.38K	444.35K	546.72K	75.86K
Interest Expense % of Total Revenue	-	0.11%	-	-	0.12%	0.11%	0.11%	0.10%	0.09%	0.13%	0.11%	0.13%	0.02%

Balance Sheet

Currency: CNY	2012-12-31	2013-12-31	2014-12-31	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	177.73M	227.03M	229.10M	339.47M	362.19M	426.79M	449.62M	852.37M	892.47M	961.53M	1.00B	955.71M	935.40M
Total Liabilities	70.57M	88.23M	78.94M	108.05M	129.61M	130.41M	122.11M	111.45M	106.05M	134.85M	155.17M	138.12M	125.13M
Total Equity	106.49M	138.79M	150.16M	231.42M	231.95M	295.62M	326.73M	740.06M	786.43M	826.68M	849.32M	817.59M	810.27M
Cash	68.01M	89.57M	92.31M	151.57M	146.42M	191.28M	195.28M	616.55M	494.58M	372.84M	472.91M	288.55M	261.96M
Total Debt	-	-	-	-	-	-	7.68M	-	597.38K	332.05K	2.93M	1.80M	-
Net Debt	-68.01M	-89.57M	-92.31M	-151.57M	-146.42M	-191.28M	-187.59M	-616.55M	-493.98M	-372.51M	-469.98M	-286.75M	-

Cash Flow

Currency: CNY	2012-12-31	2013-12-31	2014-12-31	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	31.74M	36.04M	22.78M	47.11M	54.77M	43.92M	51.55M	83.54M	49.08M	7.59M	42.60M	55.15M	38.03M
Investing Cash Flow	-3.67M	-9.89M	-5.19M	-371.26K	-9.39M	-934.80K	-27.50M	-167.48M	19.54M	-117.53M	62.77M	-160.37M	-
Financing Cash Flow	7.08M	-3.65M	-14.35M	-3.50M	-43.50M	0	-22.32M	345.85M	-20.91M	-22.82M	-14.22M	-74.54M	-
Capital Expenditure	15.42M	9.60M	5.25M	1.74M	1.26M	934.80K	25.59M	3.25M	77.48M	27.45M	26.37M	4.97M	4.72M
Free Cash Flow	16.32M	26.45M	17.53M	45.37M	53.51M	42.98M	25.97M	80.29M	-28.40M	-19.86M	16.22M	50.18M	33.31M
Dividends Paid	18.10M	-	18.00M	3.50M	43.50M	-	30.00M	18.00M	20.10M	23.52M	13.45M	61.25M	40.07M
FCF to OCF	51.43%	73.37%	76.95%	96.30%	97.70%	97.87%	50.37%	96.11%	-57.87%	-261.53%	38.09%	90.98%	87.58%
Dividend Paid to FCF	110.86%	-	102.71%	7.71%	81.30%	-	115.53%	22.42%	-70.77%	-118.42%	82.89%	122.06%	120.30%

Earnings

Report Date	Oct 25, 2020	Feb 24, 2021	Apr 28, 2021	Aug 25, 2021	Oct 26, 2021	Feb 24, 2022	Apr 25, 2022	Aug 28, 2022	Oct 27, 2022	Apr 24, 2023
EPS Estimate	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.25	0.43	0.22	0.29	0.29	0.24	0.18	0.15	0.18	0.19
Surprise	-	-	-	-	-	-	-	-	-	-
Timing	After-hours	Pre-market	After-hours	After-hours	Pre-market	Pre-market	After-hours	After-hours	Pre-market	After-hours

Key Statistics & Ratios

Market Cap3.37B

Enterprise Value3.10B

Trailing P/E103.96

Forward P/E0.00

Price / Sales8.44

Price / Book4.42

EPS0.48

Book Value12.09

Revenue (TTM)399.02M

Gross Profit (TTM)178.66M

EBITDA42.49M

Profit Margin8.19%

Operating Margin4.62%

Return on Equity4.07%

Return on Assets1.97%

Shares Outstanding67.45M

Shares Float26.13M

Beta0.03

Dividend Yield0.30%

Dividend Rate0.15

Payout Ratio31.25%

Dividends

20261×

0.15Jun 15, 2026

20251×

0.60Jun 11, 2025

20242×

0.12Oct 21, 20240.80Jun 14, 2024

20231×

0.20Jun 21, 2023

20221×

0.35Jul 7, 2022

20211×

0.30Jun 17, 2021