1. People's Republic of China Stocks

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    Energy

  3. •

    Oil & Gas Equipment & Services
Jiangsu Hongtian Technology Co.,Ltd.

Jiangsu Hongtian Technology Co.,Ltd.

603800.SS
Jiangsu Hongtian Technology Co.,Ltd.CN flagShanghai Stock Exchange
81.74
CNY
-4.56
- -
17.00BMarket Cap
Jiangsu Hongtian Technology Co.,Ltd.
603800.SS
(Shanghai Stock Exchange)

Recent

price

81.74

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
3.82
4.72
4.89
6.16
3.78
2
3.99
5.62
6.3
3.91
5.61
10.49
10.82
6.81
5.2
5.55
Revenue per Share
0.48
0.48
0.39
0.69
0.18
-0.29
0.14
0.43
0.54
0.02
-0.17
0.51
0.99
0.58
0.07
0.11
Basic EPS, GAAP
0.64
0.02
0.08
0.17
0.13
-0.51
-0.5
0.07
0.6
-0.45
-0.77
-0.15
-1.07
-0.37
0.61
-0.33
Free Cash Flow per Basic Share
0.19
0.12
0.15
0.13
0.34
0.12
0.03
0.15
0.57
0.55
0.09
0.09
0.11
0.29
0.22
0.14
Dividend per Share
1.37
2.01
2.3
2.82
2.98
1.84
1.97
2.28
2.29
1.73
1.61
2.09
3.05
3.5
3.37
3.35
Book Value per Share
1.8
1.97
2.2
2.81
6.03
4.13
4.25
4.6
4.62
3.96
4.07
3.96
2.84
2.95
2.81
2.69
Tangible Book Value per Share
157
156
156
156
156
208
208
208
208
217
209
209
207
202
207
194
Basic Weighted Avg Shares
600
736
762
961
590
417
830
1,169
1,310
848
1,175
2,190
2,237
1,374
1,079
1,077
Sales/Revenue/Turnover
15.71
13.76
10.95
16.08
4.18
-14.51
6.18
8.89
11.44
4.07
-0.7
11.6
15.57
14.69
9.38
6.97
Operating Margin (%)
17
26
30
32
37
39
39
41
44
43
52
57
60
53
49
- -
Depreciation Expense
75
74
61
108
28
-60
29
89
112
4
-36
106
205
117
15
21
Net Income, GAAP
19.66
22.21
21.61
23.26
24.89
- -
19.57
16.08
19.92
20.03
- -
15.85
17.39
16.06
45.28
35.97
Effective Tax Rate (%)
12.55
10.11
7.99
11.21
4.68
-14.41
3.52
7.62
8.57
0.51
-3.03
4.86
9.15
8.52
1.35
1.99
Profit Margin (%)
58
147
133
125
641
552
573
642
634
543
545
704
682
555
288
441
Working Capital
13
64
28
- -
- -
- -
- -
- -
- -
23
40
232
478
395
239
371
LT Debt
292
353
400
494
995
913
937
1,007
1,010
907
884
1,208
952
971
955
897
Total Equity
- -
17.04
12.23
20.78
2.19
- -
3.9
7.72
9.48
2.1
- -
14.52
16.43
9.79
3.27
2.71
Return on Invested Capital (%)
- -
20.16
14.4
21.52
6.61
- -
6.81
16.32
17.05
1.87
- -
6.68
10.85
7.1
1.71
1.94
Return on Capital (%)
- -
28.17
18.13
26.97
6.11
-14.17
7.37
20.14
23.64
1.02
-10
27.51
38.39
17.49
2.07
3.27
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
414
501
456
LT Borrowings
391
441
367
LT Finance Leases
4
5
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
208
208
208
Market Capitalization
5,203
6,602
4,925

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
2,061
2,241
2,044
Cash, Cash Equivalents & STI
509
565
488
Accounts Receivable, Net
556
637
571
Inventories
749
757
739
Total Current Liabilities
1,505
1,727
1,603
Payables & Accruals
- -
- -
- -
ST Debt
414
501
456
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.53%
2.66%
-1.57%
Free Cash Flow
11.82%
54.04%
-269.27%
Net Income, GAAP
-168.88%
-271.44%
-87.58%
Sales/Revenue/Turnover
15.45%
13.42%
-21.46%
Total Cash Common Dividend
58%
13.08%
-22.84%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
337
346
379
312
1,374
2025
135
251
198
- -
1,079
2026
118
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
- -
- -
- -
0.58
2025
-0.13
- -
- -
- -
0.07
2026
-0.08
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
- -
- -
- -
0.29
2025
-0.04
- -
- -
- -
0.22
2026
0.02
- -
- -
- -
- -
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Business
Jiangsu Hongtian Technology Co., Ltd. (603800.SS) researches, develops, manufactures, and sells oil, natural gas, and shale gas drilling and production equipment primarily in China; its core products include land wellhead, offshore, unconventional, high-temperature, and fracturing wellhead and Christmas tree systems; flat gate, surface safety, choke, check, plug, and electric valves; fracturing equipment and components such as high- and low-pressure manifolds, universal fracturing manifolds, cyclone desanders, double-canister filter desanders, filtrate manifolds, manual and hydraulic fracturing heads, fracturing goat heads, high-pressure plugs, union joints/union movable elbows, and union tees/pipelines; well control equipment comprising drilling, coiled tubing, and sucker rod blowout preventers as well as drilling choke and kill manifolds; and subsea products including spherical flange connectors, gate valves, and choke valves. The company also provides fracturing services, equipment leasing, device installation, and training along with technical guidance to support applications in shale oil and gas, tight oil and gas exploration, onshore oil exploration, offshore oil extraction, and oil and gas pipeline transportation; it serves major clients such as PetroChina, Sinopec, and CNOOC while maintaining strategic partnerships with international firms and operating globally across multiple countries and regions. Founded in 2001 and headquartered in Suzhou, Jiangsu Province, China, the company, formerly known as Suzhou Douson Drilling & Production Equipment Co., Ltd., changed its name to Jiangsu Hongtian Technology Co., Ltd. in June 2024 to reflect its expanded technological focus; in June 2024, its board elected Zhao Weibin as chairman, and a Hongtian Technology-backed fund completed establishment and registration to support further strategic initiatives.