Xuchang KETOP Testing Research Institute Co.,Ltd

Xuchang KETOP Testing Research Institute Co.,Ltd

003008.SZ
Xuchang KETOP Testing Research Institute Co.,LtdCN flagShenzhen Stock Exchange
17.39
CNY
-0.13
- -
1.81BMarket Cap
Xuchang KETOP Testing Research Institute Co.,Ltd
003008.SZ
(Shenzhen Stock Exchange)

Recent

price

17.39

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
2.12
2.43
2.6
1.95
1.38
1.5
1.85
2.12
2.24
1.79
Revenue per Share
- -
1.27
1.35
1.38
0.88
0.62
0.66
0.57
0.82
0.85
0.7
Basic EPS, GAAP
- -
0.33
0.23
0.13
0.62
0.02
0.1
0.58
0.67
0.9
-0.19
Free Cash Flow per Basic Share
- -
0.26
0.31
0.38
- -
0.46
0.38
0.39
0.58
1.15
0.87
Dividend per Share
- -
1.35
2.26
3.12
3.9
3.26
3.54
3.76
3.95
3.77
3.86
Book Value per Share
- -
2.42
3.48
4.45
11.55
9.52
9.8
10.1
10.08
9.99
10.21
Tangible Book Value per Share
- -
78
78
78
85
104
104
103
104
104
102
Basic Weighted Avg Shares
133
165
190
203
165
144
156
191
221
233
181
Sales/Revenue/Turnover
64.4
69.04
63.98
61.21
48.22
41.54
41.48
34.12
39.47
40.48
41.78
Operating Margin (%)
- -
6
15
29
31
32
38
56
53
55
- -
Depreciation Expense
74
99
105
108
74
64
69
59
86
88
71
Net Income, GAAP
15.06
15.37
14.64
14.67
13.6
14.61
14.83
30.56
17.25
14.82
14.29
Effective Tax Rate (%)
55.57
60.01
55.29
53.35
44.87
44.65
44.24
30.81
38.65
37.9
39.25
Profit Margin (%)
57
52
13
54
666
624
574
623
658
673
673
Working Capital
- -
- -
- -
- -
- -
1
1
- -
- -
- -
- -
LT Debt
142
215
296
374
1,004
1,020
1,049
1,068
1,078
1,062
1,062
Total Equity
- -
53.33
40.38
31.46
9.99
5.04
5.31
4.24
6.69
7.47
6.04
Return on Invested Capital (%)
- -
90.07
74.41
51.56
25.88
19.13
19.4
15.49
21.37
21.94
17.7
Return on Capital (%)
- -
90.07
74.41
51.56
25.88
19.15
19.44
15.52
21.39
21.96
17.71
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
104
- -
104
Market Capitalization
2,157
2,176
2,187

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
710
- -
728
Cash, Cash Equivalents & STI
671
- -
683
Accounts Receivable, Net
23
- -
38
Inventories
2
- -
2
Total Current Liabilities
43
- -
56
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
1.13%
-1.47%
Free Cash Flow
- -
159.79%
33.97%
Net Income, GAAP
- -
5.54%
3.08%
Sales/Revenue/Turnover
- -
7.77%
5.15%
Total Cash Common Dividend
- -
- -
98.01%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
39
47
46
59
191
2024
45
63
55
59
221
2025
48
63
- -
70
233

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.15
- -
- -
- -
0.57
2024
0.13
- -
- -
- -
0.82
2025
0.16
- -
- -
- -
0.85

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.39
2024
- -
- -
- -
- -
0.58
2025
0.15
- -
- -
- -
1.15
Business
Xuchang KETOP Testing Research Institute Co.,Ltd (003008.SZ) operates as a third-party testing institution principally engaged in providing comprehensive inspection and certification services for power system equipment and related technologies in China. The company offers testing services for power system secondary equipment including relay protection and automation devices; smart micro-grid control equipment and systems; electric vehicle charging and battery swap systems; medical electrical equipment; surveillance system products; and electronic components, supported by four national quality inspection centers with accreditation from CMA and CNAS, over 600 authorized standards, and more than 2,000 sets of testing equipment serving over 1,500 customers annually. It also provides other technical services and sells testing equipment, primarily targeting power utilities, new energy providers, and manufacturers in the industrials sector. Founded in 2005 and headquartered at No. 17 Shangde Road, Xuchang City, Henan Province, China, the company maintains operations through its Xuchang base and a wholly-owned subsidiary, Zhuhai KETOP Testing Technology Co., Ltd., established in 2016 and located at No. 323 Keji 1st Road, Tangjiawan Town, Zhuhai City, Guangdong Province, to expand regional testing capabilities. In recent developments, the company reported robust financial growth in its 2024 annual results with revenue of CNY 221 million, up 15.99% year-over-year, and net profit attributable to shareholders of CNY 85.56 million, up 45.52%, driven by steady expansion in new power system equipment testing services; it proposed a cash dividend of CNY 5 per 10 shares and announced equity distribution plans for the first three quarters of 2025, while certain shareholders face ongoing share lock-up agreements expiring through September 2025.