OKE Precision Cutting Tools Co., Ltd.

OKE Precision Cutting Tools Co., Ltd.

688308.SS
OKE Precision Cutting Tools Co., Ltd.CN flagShanghai Stock Exchange
148.86
CNY
-1.46
- -
23.45BMarket Cap
OKE Precision Cutting Tools Co., Ltd.
688308.SS
(Shanghai Stock Exchange)

Recent

price

148.86

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5.01
5.53
5.75
6.68
7.07
7.45
6.49
7.08
9.14
7.51
Revenue per Share
0.52
0.64
0.84
1.02
1.59
1.71
1.05
0.36
0.65
-0.01
Basic EPS, GAAP
-0.51
-0.45
0.63
0.45
-1.34
-2.12
-2.85
-2.2
-1.53
-2.26
Free Cash Flow per Basic Share
0.07
0.06
0.17
0.17
0.24
0.51
0.54
0.47
0.25
0.1
Dividend per Share
1.27
1.55
2.24
3.28
3.69
4.88
5.12
5.06
5.54
5.26
Book Value per Share
6.05
5.49
6.07
12.05
9.89
16.68
15.56
15.39
15.84
15.98
Tangible Book Value per Share
85
106
105
105
140
142
158
159
159
153
Basic Weighted Avg Shares
428
584
603
702
990
1,055
1,026
1,127
1,457
1,151
Sales/Revenue/Turnover
14.18
14.08
18.34
18.96
24.61
26.17
17.36
7.13
9.11
0.8
Operating Margin (%)
29
37
45
50
56
76
90
110
158
- -
Depreciation Expense
45
67
88
107
222
242
166
57
104
-2
Net Income, GAAP
12.53
12.76
12.81
12.93
12.86
10.3
6.85
6.1
1.73
11.48
Effective Tax Rate (%)
10.4
11.49
14.67
15.3
22.44
22.94
16.17
5.08
7.11
-0.18
Profit Margin (%)
210
328
320
870
750
1,267
1,028
867
933
864
Working Capital
- -
87
38
- -
3
- -
- -
94
51
93
LT Debt
535
596
678
1,307
1,494
2,468
2,563
2,551
2,628
2,551
Total Equity
- -
11.68
13.23
11.08
14.89
12.16
5.76
2.37
4.09
- -
Return on Invested Capital (%)
- -
35.83
32.46
32.77
49.93
37.33
15.46
5.24
8.65
6.98
Return on Capital (%)
- -
49.33
44.41
37.06
51.53
40.06
22.12
7.09
12.27
-0.25
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
529
615
785
LT Borrowings
87
87
87
LT Finance Leases
7
6
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
159
159
159
Market Capitalization
2,836
2,875
2,828

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
2,076
2,056
2,059
Cash, Cash Equivalents & STI
672
614
596
Accounts Receivable, Net
390
481
489
Inventories
631
627
656
Total Current Liabilities
1,210
1,185
1,194
Payables & Accruals
- -
- -
- -
ST Debt
529
615
785
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
17.17%
3.03%
Free Cash Flow
- -
-88.63%
-30.07%
Net Income, GAAP
- -
19.93%
80.81%
Sales/Revenue/Turnover
- -
16.8%
29.3%
Total Cash Common Dividend
- -
32.15%
-46.6%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
264
315
316
232
1,127
2025
302
302
434
- -
1,457
2026
644
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
- -
- -
- -
0.36
2025
0.05
- -
- -
- -
0.65
2026
1.29
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.47
2025
0.03
- -
- -
- -
0.25
2026
0.03
- -
- -
- -
- -
Business
OKE Precision Cutting Tools Co., Ltd. (688308.SS) manufactures and sells cemented carbide products and computer numerical control (CNC) precision cutting tools. The company produces CNC inserts for turning, milling, and drilling applications; solid carbide end mills; carbide serrated blades including wood and metal cutting alloys, mowing blades, and band saw tips; carbide discs and rods for cutting steel, non-ferrous metals, hard plastics, and other materials; as well as additional items such as carbide mold materials, circular saw blade scrapers, finger joint knives, TC bearings, impact drill blades, and long thin plates. Founded in 1996 and headquartered in Zhuzhou, Hunan province, China, OKE operates primarily in domestic and overseas markets, serving industries including general machinery, automotive, rail transportation, aerospace, energy, petrochemicals, new energy, mold manufacturing, and 3C electronics. In recent developments, the company completed two initial public offering projects ahead of schedule, namely the annual 40 million high-end CNC blade intelligent manufacturing base and the CNC precision tool R&D platform upgrade, freeing up excess funds; it plans to establish a wholly-owned subsidiary in Germany with 25,000 euros in cash investment to focus on metal tools; and its ODP high-performance universal drill bit won the "Golden Edge Award" for cutting tool innovation in April 2025. Yanling OKE Precision Cutting Tools Co., Ltd. functions as a wholly-owned subsidiary dedicated to tungsten carbide tool research, development, processing, and sales. With registered capital of 100 million RMB and more than 1,300 employees, OKE holds 84 national patents and maintains leadership in domestic high-precision CNC inserts and small precision cutting blades.