Zhonghang Electronic Measuring Instruments Co.,Ltd

Zhonghang Electronic Measuring Instruments Co.,Ltd

300114.SZ
Zhonghang Electronic Measuring Instruments Co.,LtdCN flagShenzhen Stock Exchange
72.18
CNY
- -
- -
193.21BMarket Cap
Zhonghang Electronic Measuring Instruments Co.,Ltd
300114.SZ
(Shenzhen Stock Exchange)

Recent

price

72.18

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
0.81
0.84
1.05
1.26
1.49
1.64
1.7
1.79
2.11
2.31
2.62
3.02
3.29
3.26
2.9
3.01
3.03
Revenue per Share
0.11
0.13
0.13
0.11
0.14
0.16
0.17
0.17
0.22
0.26
0.36
0.45
0.52
0.33
0.17
0.19
0.19
Basic EPS, GAAP
0.15
- -
-0.06
-0.18
-0.1
0.02
0.13
0.29
0.2
0.07
0.47
0.1
-0.47
-0.29
-0.19
-0.5
-0.23
Free Cash Flow per Basic Share
0.05
0.01
0.02
0.02
0.04
0.04
0.02
0.04
0.04
0.03
0.03
0.03
0.03
0.04
0.04
0.03
0.03
Dividend per Share
0.32
0.4
0.41
0.47
0.62
0.81
0.99
1.33
1.87
1.99
2.29
2.65
2.99
3.2
3.31
3.4
3.42
Book Value per Share
0.44
1.77
1.57
1.63
1.63
2.03
2.06
2.2
2.49
2.35
2.67
3.08
3.36
3.64
3.83
3.94
3.98
Tangible Book Value per Share
340
379
458
450
561
560
602
606
588
601
590
583
590
584
577
591
586
Basic Weighted Avg Shares
274
317
483
568
835
917
1,024
1,086
1,241
1,388
1,545
1,760
1,943
1,905
1,677
1,780
1,780
Sales/Revenue/Turnover
13.84
16.26
9.61
6.37
10.39
10.57
12.3
11.29
12.55
12.78
14.15
16.05
17.21
10.99
4.7
6.98
6.98
Operating Margin (%)
14
15
19
25
33
35
36
40
42
39
39
43
55
58
60
78
- -
Depreciation Expense
39
51
61
48
79
87
100
103
129
156
212
263
307
193
98
112
112
Net Income, GAAP
8.76
11.55
11.9
7.81
12.08
12.26
13.44
16.76
14.16
10.12
10.14
11.65
9.57
8.23
- -
2.58
2.58
Effective Tax Rate (%)
14.15
16.05
12.72
8.39
9.42
9.5
9.8
9.49
10.43
11.25
13.75
14.92
15.8
10.11
5.85
6.31
6.31
Profit Margin (%)
39
533
561
458
522
691
738
797
908
818
954
1,108
1,094
1,044
1,198
1,318
1,318
Working Capital
10
- -
- -
- -
- -
- -
- -
- -
-7
5
8
14
19
91
372
477
477
LT Debt
173
694
784
845
1,033
1,249
1,353
1,444
1,567
1,508
1,666
1,975
2,200
2,341
2,426
2,542
2,542
Total Equity
15.3
9.86
5.55
4.13
8
7.31
8.37
7.3
8.91
10.43
12.41
13.73
14.34
8.08
- -
4
4
Return on Invested Capital (%)
22.08
32.83
29.84
15.62
18.96
14.85
13.81
10.37
9.32
11
15.35
16.6
16.92
9.63
- -
4.83
4.83
Return on Capital (%)
39.21
38.77
35.91
23.79
28.19
21.77
19.06
14.67
13.59
13.62
16.69
18.14
18.55
10.61
5.2
5.74
5.74
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
ST Debt
128
120
163
LT Borrowings
482
515
472
LT Finance Leases
- -
7
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
591
591
591
Market Capitalization
26,536
31,070
42,095

Working Capital

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
Total Current Assets
2,437
2,466
2,498
Cash, Cash Equivalents & STI
415
297
359
Accounts Receivable, Net
1,153
1,214
1,149
Inventories
682
731
692
Total Current Liabilities
1,045
1,041
1,180
Payables & Accruals
- -
- -
- -
ST Debt
128
120
163
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.5%
8.95%
4.79%
Free Cash Flow
50.03%
-115.53%
168.96%
Net Income, GAAP
6.88%
-6.27%
14.41%
Sales/Revenue/Turnover
7.17%
3.31%
6.11%
Total Cash Common Dividend
3.22%
3.09%
-22.65%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
409
532
512
451
1,905
2023
358
515
353
451
1,677
2024
326
492
370
591
1,780

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.04
- -
- -
- -
0.33
2023
0.04
- -
- -
- -
0.17
2024
0.03
- -
- -
- -
0.19

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.01
- -
- -
- -
0.04
2023
0.01
- -
- -
- -
0.04
2024
0.01
- -
- -
- -
0.03
Business
Zhonghang Electronic Measuring Instruments Co., Ltd. Zhonghang Electronic Measuring Instruments Co., Ltd. (SZSE:300114), founded in 1965 and headquartered in Xi'an, Shaanxi Province, China, develops, manufactures and sells electronic measuring instruments and related systems for military, civilian and industrial applications worldwide. The company offers core products including resistance strain gauges; strain gauge-based sensors such as aluminum, steel and plate-type sensors; weighing indicators and software; testing and measuring systems for aviation; automobile performance and environmental detection systems; automobile driver intelligent training systems; on-board weighing control systems; precision mechanical and electrical control parts; industrial weighing equipment; precision fluid control components encompassing load cells, solenoid valves and weighing instruments; logistics weighing solutions; intelligent transportation systems including vehicle inspection; and Internet of Things applications along with digital smart factory platforms. It operates primarily in China with a global presence through subsidiaries like ZEMIC Europe and ZEMIC USA, serving sectors such as aviation, automotive, retail, express logistics, commercial electronics, smart warehousing and process industrial control. In January 2025, the company completed its CNY 17.4 billion acquisition of Chengdu Aircraft Industrial (Group) Co., Ltd. from Aviation Industry Corporation of China, Ltd. via issuance of over 2.08 billion new shares, significantly expanding its aerospace capabilities; it concurrently changed its name to AVIC Chengdu Aircraft Company Limited and relocated its headquarters to Chengdu, marking a major strategic shift toward integrated aircraft manufacturing and measurement technologies.