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    Manufacturing - Metal Fabrication
Suzhou Mingzhi Technology Co., Ltd.

Suzhou Mingzhi Technology Co., Ltd.

688355.SS
Suzhou Mingzhi Technology Co., Ltd.CN flagShanghai Stock Exchange
19.86
CNY
-0.41
- -
2.46BMarket Cap
Suzhou Mingzhi Technology Co., Ltd.
688355.SS
(Shanghai Stock Exchange)

Recent

price

19.86

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.31
5.48
6.92
6.66
6.48
4.96
4.37
5.14
4.32
4.9
Revenue per Share
0.69
0.33
0.87
1.28
1.12
0.3
0.12
0.54
0.65
0.56
Basic EPS, GAAP
0.24
0.4
-0.1
0.9
0.88
-1.03
0.18
0.69
1.78
-0.16
Free Cash Flow per Basic Share
0.02
0.6
0.51
0.04
0.01
0.42
0.07
0.46
0.46
0.53
Dividend per Share
2.94
2.64
1.56
2.59
3.44
2.94
3.01
3.03
3.15
2.96
Book Value per Share
2.92
3.01
3.71
4.73
9.57
8.46
8.45
8.59
8.7
8.63
Tangible Book Value per Share
84
86
85
92
110
123
122
123
123
120
Basic Weighted Avg Shares
363
471
590
612
714
613
533
631
530
588
Sales/Revenue/Turnover
20.01
8.81
100
23.8
19.36
4.45
1.1
12.6
7.67
8.66
Operating Margin (%)
18
23
6
24
26
29
36
45
46
- -
Depreciation Expense
58
28
74
118
123
37
15
66
80
67
Net Income, GAAP
14.15
25.65
14.56
15.15
12.7
- -
- -
4.26
4.63
2.23
Effective Tax Rate (%)
15.99
6.03
12.56
19.22
17.28
6.04
2.75
10.51
15.06
11.45
Profit Margin (%)
98
105
143
263
844
751
643
655
319
649
Working Capital
- -
- -
20
21
- -
2
- -
- -
- -
- -
LT Debt
262
275
335
454
1,074
1,070
1,059
1,085
1,101
1,065
Total Equity
- -
10.46
128.89
24.18
14.4
- -
- -
6.96
3.57
4.73
Return on Invested Capital (%)
- -
10.96
29
39.49
32.51
- -
- -
15.89
19.6
17.84
Return on Capital (%)
- -
11.95
41.19
63.4
40
9.99
4.02
17.93
21.04
18.89
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
39
30
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
124
124
124
Market Capitalization
2,120
2,184
2,109

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
869
881
826
Cash, Cash Equivalents & STI
551
567
519
Accounts Receivable, Net
150
133
128
Inventories
139
138
139
Total Current Liabilities
214
204
177
Payables & Accruals
- -
- -
- -
ST Debt
39
30
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
27.81%
1.5%
Free Cash Flow
- -
21.39%
156.95%
Net Income, GAAP
- -
49.45%
20.42%
Sales/Revenue/Turnover
- -
-1.64%
-16%
Total Cash Common Dividend
- -
739.61%
0.59%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
122
174
139
196
631
2025
117
135
161
- -
530
2026
120
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
- -
- -
- -
0.54
2025
0.11
- -
- -
- -
0.65
2026
0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.46
2025
- -
- -
- -
- -
0.46
2026
- -
- -
- -
- -
- -
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Business
Suzhou Mingzhi Technology Co., Ltd. (688355.SS) engages in the research, development, manufacture and sale of high-end core shop equipment and high-quality aluminum alloy castings for the automotive, rail transit, construction machinery and industrial sectors primarily in China, Europe and select global markets. Founded in 2003 and headquartered in Suzhou, Jiangsu Province, China, the company operates through two main divisions, Mingzhi Technology Equipment and Mingzhi Technology Castings, with production facilities spanning Suzhou's 100,000-square-meter campus including R&D centers, assembly lines and two aluminum foundries, alongside its European subsidiary Mingzhi Technology Leipzig GmbH established via full acquisition of DisaIndustrieanglagen GmbH in 2017-2018. Core products encompass advanced core shooters for hot box, cold box and inorganic processes; sand preparation systems; gassing units; core handling equipment; integrated core production lines such as the MiCC multi-core shooter solutions; core-boxes and tooling; custom permanent molds; intelligent casting workshops; and precision aluminum castings including condensing wall-mounted furnace heat exchangers, commercial and passenger vehicle parts, locomotive and high-speed rail components, valve assemblies and thin-walled structural parts for emerging applications like humanoid robots. The company serves major customers such as China South Industries Group and caters to lightweighting and efficiency needs in automotive OEMs and foundries worldwide. Recent developments include completion of the high-end casting equipment production line technology renovation project financed by raised funds as of June 2024; termination of select prior investment projects in June 2024 to reallocate resources; strong 2024 financial performance with revenue rising 18% to CNY 631 million and net profit surging over 275% amid export focus on Europe; expansion of MiCC integrated production lines; development of large-scale innovations like the 2000L Giga Cold Box Core Maker; and strategic attention to new demand in humanoid robot structural castings using precision core assembly technology.