Shandong Liancheng Precision Manufacturing Co., Ltd

Shandong Liancheng Precision Manufacturing Co., Ltd

002921.SZ
Shandong Liancheng Precision Manufacturing Co., LtdCN flagShenzhen Stock Exchange
26.81
CNY
-0.57
- -
3.99BMarket Cap
Shandong Liancheng Precision Manufacturing Co., Ltd
002921.SZ
(Shenzhen Stock Exchange)

Recent

price

26.81

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
6.5
6.55
7.87
6.37
7.21
8.75
11.58
9.54
9.06
8.78
8.79
8.38
Revenue per Share
- -
- -
0.55
0.61
0.61
0.43
0.45
0.69
0.71
0.2
0.04
-0.31
-0.11
-0.24
Basic EPS, GAAP
- -
- -
0.26
0.56
-0.17
-0.85
-0.01
-0.82
-1.42
-0.35
-0.02
0.73
0.41
-0.22
Free Cash Flow per Basic Share
- -
- -
0.19
0.34
0.31
0.33
0.24
0.32
0.42
0.47
0.48
0.24
0.1
0.13
Dividend per Share
- -
- -
1.79
2.16
2.88
2.3
2.6
3.02
3.52
2.89
2.73
2.31
2.15
2.14
Book Value per Share
- -
- -
4.56
4.92
7.93
5.75
6.1
7.52
8.24
9.35
9.01
8.33
9.6
8.49
Tangible Book Value per Share
- -
- -
78
78
78
104
104
104
105
129
122
122
132
130
Basic Weighted Avg Shares
503
544
507
512
610
665
748
913
1,211
1,230
1,104
1,075
1,158
1,089
Sales/Revenue/Turnover
13.02
14.37
11.82
11.65
12.04
9.14
10.04
13.4
10.28
5.7
4.79
0.89
0.51
-0.09
Operating Margin (%)
33
39
43
46
50
52
60
66
83
97
104
129
134
- -
Depreciation Expense
31
49
43
47
47
45
46
72
74
26
5
-38
-14
-31
Net Income, GAAP
25.46
26.58
25.36
26.23
25.3
14.54
13.35
18.82
22.38
22.81
49.88
- -
- -
- -
Effective Tax Rate (%)
6.18
8.93
8.53
9.28
7.72
6.76
6.19
7.88
6.13
2.1
0.44
-3.53
-1.25
-2.86
Profit Margin (%)
-75
-39
38
27
267
169
144
439
327
455
336
299
221
286
Working Capital
11
20
79
72
103
100
42
263
301
291
352
412
103
313
LT Debt
290
341
384
421
654
673
703
852
930
1,273
1,187
1,117
1,353
1,192
Total Equity
- -
9.62
6.98
6.61
6.8
5.41
6.84
9.11
7.05
3.14
1.33
- -
- -
- -
Return on Invested Capital (%)
- -
11.53
11.47
14.13
12.55
10.82
11.48
14.76
11.39
4.18
2.22
- -
- -
- -
Return on Capital (%)
- -
21.45
22.21
30.73
24.04
19.41
18.17
24.61
21.72
6.96
1.38
-12.33
-5.12
-10.76
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
569
571
544
LT Borrowings
384
284
286
LT Finance Leases
27
27
26
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
131
139
139
Market Capitalization
1,433
1,781
2,000

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,082
1,091
1,058
Cash, Cash Equivalents & STI
236
291
275
Accounts Receivable, Net
280
273
287
Inventories
321
329
336
Total Current Liabilities
783
791
772
Payables & Accruals
- -
- -
- -
ST Debt
569
571
544
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.81%
10.91%
21.16%
Free Cash Flow
1,273.47%
-743.56%
-38.94%
Net Income, GAAP
-102.12%
-216.79%
-61.82%
Sales/Revenue/Turnover
9.26%
5.82%
7.7%
Total Cash Common Dividend
7.42%
-8.19%
-55.82%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
261
275
275
264
1,075
2025
261
289
302
- -
1,158
2026
320
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
- -
- -
- -
-0.31
2025
-0.06
- -
- -
- -
-0.11
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.24
2025
0.02
- -
- -
- -
0.1
2026
0.02
- -
- -
- -
- -
Business
Shandong Liancheng Precision Manufacturing Co., Ltd (002921.SZ) engages in the research, development, design, production, and sales of precision mechanical parts through casting, forging, machining, surface treatment, and heat treatment processes; its core products include hydraulic travel motor housings and rear end covers, reducer housings, hydraulic valve seats, crankcase bodies, crankshaft covers, bearing seats, suspension brackets, shock absorber wheels and rings, shock absorber parts housings, automobile water pump housings, industrial robot bases and arms, HVAC compressor parts such as scroll components, frames, balance blocks, motor housings, and pumps, heavy truck and passenger car components, agricultural and construction machinery parts, new energy vehicle three-electric system parts, vehicle body components, thermal management systems, intelligent driving parts, fuel cell brackets, steering knuckles, diesel engine blocks, cylinder heads, gearboxes, flywheels, hubs, and aluminum alloy forgings like door hinges and wheel hubs. The company operates an annual casting capacity of 300,000 tons and outputs 15 million parts, serving industries such as commercial vehicles, construction machinery, agricultural machinery, passenger cars, diesel engines, commercial compressors, hydraulic machinery, solar thermal power generation, environmental protection, water treatment, high-speed rail, robotics, air conditioning, hydrogen energy, and automotive aftermarket; end customers include General Motors, Ford, Cummins, Doosan, John Deere, CNH, Kubota, AGCO, Danfoss, Emerson, CAT, and Volvo, with products exported to North America, South America, Europe, Asia, Oceania, Japan, Canada, and other regions. Founded in 1995 and headquartered in Yanzhou Economic Development Zone, Jining City, Shandong Province, China, the company maintains production facilities in Rizhao (Shandong), Xuancheng (Anhui), Nanjing (Jiangsu via subsidiary), the United States (Wisconsin via Liancheng (USA), Inc. dba AAA Sales & Engineering), and Vietnam (Liancheng (VN) Co., Ltd.). Recent developments include the January 2024 acquisition of a 64.41% stake in Jiangsu SumecDeLong Precision Forging Co., Ltd. for CNY 77.3 million to expand forging capabilities in steel and aluminum for auto, hydraulic, and aviation parts; the establishment of Liancheng Precision Vietnam in March 2024 as a precision base for European and American customers, securing a major U.S. automotive aftermarket order in May 2025; the May 2025 acquisition by Liancheng (USA), Inc. of Aluminum Foundry of Wisconsin assets to enhance North American aluminum casting and machining for over 200 U.S. customers; the 2024 commissioning and 2025 product diversification of Anhui Liancheng to general castings for robotics, forklifts, and new energy with monthly output rising to 900 tons; and Delong subsidiary's May 2025 launch of an intelligent warm extrusion integrated system for higher forging efficiency, quality, and automation.