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Shahe Industrial Co., Ltd

Shahe Industrial Co., Ltd

000014.SZ
Shahe Industrial Co., LtdCN flagShenzhen Stock Exchange
8.92
CNY
-0.07
- -
2.16BMarket Cap
Shahe Industrial Co., Ltd
000014.SZ
(Shenzhen Stock Exchange)

Recent

price

8.92

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
3.04
1.65
1.74
2.33
2.11
1.71
2.57
2.12
1.47
1.73
1.32
2.72
3.16
5.75
1.52
1.28
1.69
Revenue per Share
0.29
0.24
0.12
0.12
0.25
0.22
0.12
0.03
0.6
0.08
0.02
0.15
1.03
2.16
0.07
-0.62
-0.56
Basic EPS, GAAP
0.28
-1.09
0.38
0.29
-1.33
0.14
1.83
1.73
-0.49
0.13
0.96
-0.39
1.38
1.93
-0.61
0.31
- -
Free Cash Flow per Basic Share
0.15
0.15
0.17
0.12
0.26
0.2
0.25
0.08
0.03
0.07
0.04
0.09
0.14
0.15
0.22
- -
0.16
Dividend per Share
1.56
1.66
1.67
1.74
1.96
2.08
2.1
2.11
2.65
2.57
2.48
2.9
3.76
5.63
5.64
4.84
4.8
Book Value per Share
2.31
2.5
2.62
2.74
2.99
3.19
3.28
3.3
3.9
3.78
3.63
4.21
5.05
7.08
7.13
6.29
6.27
Tangible Book Value per Share
242
242
242
242
242
242
242
242
243
253
262
236
241
242
235
243
242
Basic Weighted Avg Shares
735
400
421
564
512
413
621
513
358
438
347
642
764
1,389
358
310
408
Sales/Revenue/Turnover
15.56
23.16
15.6
11.12
20.13
13.39
4.38
0.42
6.32
7.39
3.37
13.22
17.34
49.7
16.44
-18.52
-8.04
Operating Margin (%)
8
8
8
8
8
7
7
7
7
7
7
12
12
12
13
13
- -
Depreciation Expense
71
57
28
29
61
53
29
8
146
21
4
35
249
522
16
-150
-136
Net Income, GAAP
18.96
21.31
21.78
28.9
25.7
25.81
26.5
31.61
26.1
25.38
63.4
28.39
25.96
24.26
70.71
- -
- -
Effective Tax Rate (%)
9.6
14.33
6.64
5.1
11.88
12.82
4.61
1.49
40.79
4.81
1.26
5.52
32.57
37.56
4.6
-48.48
-33.33
Profit Margin (%)
672
970
590
1,033
1,267
1,259
947
717
890
878
934
817
923
1,405
1,329
1,352
1,282
Working Capital
300
550
150
580
740
675
330
90
65
40
129
134
- -
- -
8
3
6
LT Debt
560
604
633
664
723
773
795
800
950
957
954
994
1,219
1,711
1,675
1,526
1,521
Total Equity
7.74
5.71
3.77
3.29
4.86
2.34
1.28
0.12
1.67
2.29
0.4
5.31
7.37
32.42
1.01
- -
- -
Return on Invested Capital (%)
8.22
5.79
3.49
3.06
5.21
3.9
2.41
0.75
18.99
1.59
0.01
2.59
23.94
39.89
1.14
- -
- -
Return on Capital (%)
19.47
14.72
6.94
6.98
13.6
10.85
5.66
1.5
25.27
3.26
0.67
5.3
31.19
45.98
1.22
-12.03
-10.99
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
3
7
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
3
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
242
242
Market Capitalization
4,764
3,256
3,439

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
1,850
1,895
Cash, Cash Equivalents & STI
- -
603
362
Accounts Receivable, Net
- -
4
109
Inventories
- -
1,225
1,355
Total Current Liabilities
- -
498
613
Payables & Accruals
- -
- -
- -
ST Debt
- -
3
7
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.88%
11.24%
-8.93%
Free Cash Flow
76.78%
-168.59%
-153.06%
Net Income, GAAP
183.98%
62.11%
-1,014.24%
Sales/Revenue/Turnover
10.26%
19.69%
-13.35%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
211
61
53
33
358
2025
88
6
- -
289
310
2026
113
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
- -
- -
- -
0.07
2025
-0.03
- -
- -
- -
-0.62
2026
-0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.22
2025
- -
- -
- -
- -
- -
2026
0.16
- -
- -
- -
- -
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Business
Shahe Industrial Co., Ltd (000014.SZ) manufactures and sells glass products, primarily float glass, automotive glass, and architectural glass. The company offers a range of products including ultra-white glass, patterned glass, solar photovoltaic glass, and coated glass; it also provides glass processing services such as edging, laminating, and tempering. Operations span China and select international markets, with headquarters in Shahe City, Hebei Province, China, founded in 1971. In recent developments, the company expanded production capacity through new furnace constructions and formed strategic partnerships for photovoltaic glass supply chains in 2024; it also completed a major acquisition of a float glass facility in southern China to bolster market share. Shahe Industrial serves construction, automotive, and renewable energy sectors, targeting domestic builders, vehicle manufacturers, and solar panel producers primarily in Asia.