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    Industrial - Machinery
Weihai Guangtai Airport Equipment Co., Ltd.

Weihai Guangtai Airport Equipment Co., Ltd.

002111.SZ
Weihai Guangtai Airport Equipment Co., Ltd.CN flagShenzhen Stock Exchange
9.14
CNY
-0.16
- -
4.86BMarket Cap
Weihai Guangtai Airport Equipment Co., Ltd.
002111.SZ
(Shenzhen Stock Exchange)

Recent

price

9.14

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
1.4
1.61
1.89
2.03
2.35
2.83
3.03
3.41
4.12
4.83
5.58
6.08
4.4
4.59
5.42
6.44
5.78
Revenue per Share
0.19
0.19
0.21
0.21
0.26
0.36
0.33
0.21
0.44
0.63
0.72
0.12
0.45
0.24
0.14
0.25
0.1
Basic EPS, GAAP
-0.11
-0.11
-0.22
-0.28
0.02
0.07
-0.15
-0.09
0.05
1.03
1.35
-1.1
-0.05
-0.25
-0.08
0.45
-0.31
Free Cash Flow per Basic Share
0.03
0.09
0.07
0.1
0.13
0.11
0.12
0.15
0.18
0.33
0.25
0.36
0.39
0.26
0.2
0.23
0.31
Dividend per Share
0.99
1.44
1.46
1.58
1.77
2.03
2.1
2.12
2.45
2.78
3.23
3.36
3.46
3.56
3.47
3.63
3.59
Book Value per Share
1.15
2.21
2.2
2.31
2.56
3.24
4.01
3.86
4.22
4.45
5.01
5.58
5.23
5.55
5.36
5.56
5.51
Tangible Book Value per Share
361
391
429
437
432
467
513
529
530
528
532
533
533
524
533
516
524
Basic Weighted Avg Shares
506
631
811
885
1,015
1,323
1,555
1,804
2,187
2,551
2,965
3,241
2,346
2,404
2,888
3,323
3,028
Sales/Revenue/Turnover
16.62
13.61
13.21
12.55
15.52
16.96
16.9
13.98
14.51
14.47
16.32
16.21
14.99
9.16
7.36
10.27
6.59
Operating Margin (%)
18
27
26
30
33
38
51
63
67
67
68
69
75
75
77
81
- -
Depreciation Expense
67
75
89
94
111
167
169
113
235
332
383
64
240
126
75
129
51
Net Income, GAAP
14.85
13.61
13.66
11.3
11.61
11.42
16.41
21.2
10.18
12.87
12.01
43.07
11.34
10.09
16.12
17.87
24.02
Effective Tax Rate (%)
13.24
11.96
10.96
10.57
10.95
12.61
10.84
6.28
10.74
13
12.91
1.97
10.23
5.23
2.58
3.88
1.67
Profit Margin (%)
237
604
489
472
528
758
1,183
1,186
1,366
1,438
1,684
1,821
1,611
2,446
2,315
2,303
4,893
Working Capital
123
93
31
12
10
3
1
1
55
31
- -
6
18
752
746
911
848
LT Debt
561
1,030
1,100
1,168
1,254
2,046
2,779
2,671
2,851
2,966
3,272
3,288
3,067
3,224
3,141
3,106
3,167
Total Equity
9.35
7.08
7.18
7.15
8.83
9.33
7.83
6.18
8.35
9.21
11.75
7.89
8.14
4.83
3.98
6.05
3.17
Return on Invested Capital (%)
13
12.24
12.43
12.22
12.3
12.96
11.25
7.39
13.17
17.57
18.31
3.02
10.11
5.49
3.27
4.95
2.43
Return on Capital (%)
20.54
16.37
14.91
14.21
15.29
19.49
16.64
10.31
19.43
24
24.03
3.64
13.21
6.78
4.02
6.93
2.66
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
892
1,060
1,087
LT Borrowings
743
686
840
LT Finance Leases
3
3
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
532
532
532
Market Capitalization
6,051
5,774
5,622

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
4,653
4,730
4,893
Cash, Cash Equivalents & STI
908
776
792
Accounts Receivable, Net
1,499
1,580
1,579
Inventories
1,885
2,005
2,124
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
892
1,060
1,087
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.82%
-0.96%
-1.11%
Free Cash Flow
90.49%
-103.1%
-618.63%
Net Income, GAAP
30.9%
35.34%
72.91%
Sales/Revenue/Turnover
10.7%
3.87%
15.09%
Total Cash Common Dividend
13.04%
1.35%
11.15%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
568
717
789
814
2,888
2025
640
785
1,027
- -
3,323
2026
846
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
- -
- -
- -
0.14
2025
0.08
- -
- -
- -
0.25
2026
0.15
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.2
2025
0.01
- -
- -
- -
0.23
2026
0.02
- -
- -
- -
- -
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Business
Weihai Guangtai Airport Equipment Co., Ltd. (002111.SZ) manufactures and sells airport ground support equipment and fire-fighting equipment primarily in China and internationally. Founded in 1991 by Mr. Li Guangtai and headquartered in Huancui District, Weihai City, Shandong Province, the company operates through segments including airport ground equipment, featuring electric-powered aircraft pushback tractors, passenger boarding bridges, shuttle buses, and electrification solutions; fire-fighting equipment via its wholly-owned subsidiary Beijing Zhongzhuo Times Firefighting Equipment Technology Co., Ltd., which produces nearly 100 types of fire trucks and vehicles; special vehicles through Weihai Guangtai Medical Technology Co., Ltd., offering mobile medical vehicles, surgical cars, and inspection vehicles; drones via controlled subsidiary Tianjin Quanhua Times Aerospace Technology Development Co., Ltd., including multi-rotor, fixed-wing, and twin-engine models for public safety and firefighting; and fire alarm systems through Yingkou Xinshanying Alarm Equipment Co., Ltd., encompassing automatic alarms, large-space suppression systems, and emergency lighting. Guangtai provides one-stop solutions covering research, development, production, sales, and after-sales services across over 80 countries, with a focus on green electrification for airports. Recent developments include a global framework agreement with dnata in 2024 to strengthen air services partnerships, a 2023 strategic cooperation with MacroAsia Corp. for ground support investments, and expanded electric ground support equipment leveraging EV expertise to meet rising demand.