Dajin Heavy Industry Co., Ltd. Class A

Dajin Heavy Industry Co., Ltd. Class A

20.48
HKD
-1.12
(-5.19%)
1.97EPS
32.20P/E
46.88BMarket Cap
Oct 26Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.65
0.59
1.46
1.75
1.97
1.75
3.04
6.01
7.98
9.07
6.82
5.9
9.68
9.85
Basic EPS, GAAP
0.07
0.09
0.17
0.13
0.08
0.11
0.32
0.84
1.04
0.8
0.67
0.74
1.73
1.71
Free Cash Flow per Basic Share
-0.07
-0.53
0.11
-0.14
-0.29
-0.06
0.22
-0.22
-0.36
-1.02
0.62
0.37
-1.52
- -
Dividend per Share
0.01
0.01
0.01
0.03
0.01
0.01
0.01
0.03
0.02
0.12
0.06
0.19
0.22
0.3
Book Value per Share
2.8
2.88
3.04
3.15
3.22
3.29
3.62
4.34
5.4
10.2
10.84
11.4
12.98
19.57
Tangible Book Value per Share
2.69
2.66
2.82
2.93
3.01
3.08
3.42
4.12
5.06
9.85
10.42
11
12.42
18.97
Basic Weighted Avg Shares
547
525
545
549
519
555
555
554
555
563
635
640
638
663
Sales/Revenue/Turnover
353
308
796
960
1,021
970
1,687
3,325
4,432
5,106
4,325
3,780
6,174
6,531
Operating Margin (%)
0.48
1.44
10.69
8.22
2.21
5.62
11.39
18.27
15.53
9.54
12.29
16.37
18.5
19.77
Depreciation Expense
12
11
17
25
27
27
32
38
58
81
103
147
173
- -
Net Income, GAAP
36
47
93
71
41
63
176
465
577
450
425
474
1,103
1,132
Effective Tax Rate (%)
15.15
15.42
18.11
19.13
- -
14.99
15.21
15.17
14.38
14.05
12.29
8.12
12.84
11.17
Profit Margin (%)
10.33
15.37
11.64
7.43
4.06
6.47
10.41
13.98
13.03
8.82
9.83
12.54
17.87
17.33
Working Capital
1,240
1,121
1,040
1,060
1,139
1,098
1,232
1,546
2,256
5,447
4,363
4,207
4,107
9,167
LT Debt
- -
- -
- -
- -
111
111
110
- -
76
418
88
468
1,480
2,146
Total Equity
1,510
1,553
1,642
1,703
1,739
1,814
2,008
2,410
2,999
6,507
6,914
7,272
8,280
14,437
Return on Invested Capital (%)
1.8
1.88
4.71
4.14
- -
3.36
8.93
21.03
20.59
8.48
5.66
6.17
12.2
8.76
Return on Capital (%)
0.92
2.65
5.75
4.31
- -
3.34
8.69
20.54
20.64
8.79
5.86
6.25
12.41
9
Return on Common Equity (%)
2.44
3.09
5.8
4.27
2.41
3.53
9.19
21.05
21.35
9.47
6.34
6.68
14.19
10.32

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
644
139
174
LT Borrowings
1,282
1,095
1,983
LT Finance Leases
198
147
163
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
638
638
738
Market Capitalization
- -
- -
40,565

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8,480
7,094
13,938
Cash, Cash Equivalents & STI
3,506
2,445
8,892
Accounts Receivable, Net
1,057
1,091
1,077
Inventories
2,175
1,863
1,975
Total Current Liabilities
4,373
3,543
4,772
Payables & Accruals
- -
- -
- -
ST Debt
644
139
174
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.76%
33.34%
13.87%
Free Cash Flow
-132.96%
-92.98%
-507.33%
Net Income, GAAP
47.19%
28.17%
132.82%
Sales/Revenue/Turnover
27.69%
16.78%
63.34%
Total Cash Common Dividend
97.78%
124.75%
14.33%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
463
893
950
1,473
3,780
2025
1,141
1,700
- -
1,578
6,174
2026
1,907
1,346
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.19
0.17
0.3
0.74
2025
0.36
0.49
- -
0.34
1.73
2026
0.68
0.22
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.18
- -
- -
0.19
2025
0.01
0.09
- -
0.1
0.22
2026
0.02
0.09
- -
- -
- -

Company Description

CEO
Xiao Le Sun
Full Time Employees
2,303
Sector
Producer manufacturing
Industry
Electrical products
Address
No. 1102, East Tower Beijing BJ China 100016
IPO Date
Oct 15, 2010
Website
dajin.cn
Business
Dajin Heavy Industry Corporation specializes in the manufacture and sale of offshore and onshore wind power equipment, with a core focus on offshore wind turbine towers and foundation piles. Its main products include offshore wind monopiles, transition pieces, jacket structures, floating foundations, wind turbine towers, offshore booster stations, blades, and large-diameter pipe piles. The company operates globally, serving European and other international offshore wind markets. Founded over twenty years ago and headquartered in China, Dajin has developed advanced offshore engineering export bases and invested in cutting-edge production equipment, including ultra-large gantry cranes and imported European machinery, to enhance product quality and efficiency. Recently, the company has entered a comprehensive quality improvement phase as part of its "Overseas Offshore" strategy, successfully transforming from a domestic wind power equipment manufacturer to a global offshore engineering leader. In the last 1-2 years, it has established a Global Floating Business Center, partnered with leading international floating foundation solution providers to develop next-generation floating foundation products, and built its own ship manufacturing base along with a professional transport fleet to enable integrated manufacturing, transportation, and delivery services. Dajin has also committed to sustainability initiatives, including launching a "green steel" project to reduce carbon emissions throughout its supply chain and applying for the Science-Based Targets initiative (SBTi) to align with international climate goals. The company recently shipped the final batch of monopiles for the 1.1 GW Inch Cape offshore wind farm in Scotland and has expanded its order book with significant contracts in the Baltic Sea and Europe, showcasing strong international growth and strategic global expansion efforts.