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Pinming Technology Co., Ltd. Class A

Pinming Technology Co., Ltd. Class A

SSSE:688109
59.98
CNY
+0.18
(+0.30%)
0.39EPS
193.96P/E
5.97BMarket Cap
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
0.46
11.22
1.77
1.8
2.45
3.75
4.78
6.41
6.44
8
5.61
5.69
5.53
5.56
Basic EPS, GAAP
0.03
0.23
0.49
0.52
0.57
0.94
1.26
1.65
0.85
-1.03
0.16
0.4
0.59
0.39
Free Cash Flow per Basic Share
0.03
-0.34
0.48
0.7
0.37
0.71
0.78
0.97
-0.47
-2.71
0.07
1.08
1.23
- -
Dividend per Share
- -
- -
- -
0.37
- -
0.25
0.42
0.34
0.57
0.6
- -
0.29
0.67
- -
Book Value per Share
0.07
0.07
0.4
1.32
1.89
2.58
3.41
4.73
11.54
10.42
9.88
9.95
10.21
9.78
Tangible Book Value per Share
0.07
0.07
0.36
1.29
1.86
2.55
3.38
4.69
11.49
10.37
9.82
9.9
10.16
9.75
Basic Weighted Avg Shares
59
3
29
54
59
59
59
59
74
54
78
79
79
78
Sales/Revenue/Turnover
27
32
51
98
145
222
283
380
475
435
436
447
437
431
Operating Margin (%)
2.01
-1.98
25.25
18.64
22.95
25.57
26.81
26.83
11.9
-13.36
4.07
6.64
8.74
6.81
Depreciation Expense
- -
- -
1
1
1
1
2
2
11
13
11
10
7
- -
Net Income, GAAP
2
1
14
28
33
56
74
98
63
-56
12
31
47
30
Effective Tax Rate (%)
2.04
- -
8.97
7.59
5.5
6.17
4.47
5.79
0.02
- -
- -
- -
2.92
3.36
Profit Margin (%)
5.62
2.09
27.65
29.08
23.06
25.2
26.26
25.7
13.18
-12.87
2.85
7.04
10.67
7.02
Working Capital
3
4
20
75
107
140
191
261
883
794
751
758
781
778
LT Debt
- -
- -
- -
- -
- -
- -
- -
13
10
6
4
2
5
30
Total Equity
4
5
24
78
112
152
202
279
910
821
779
784
805
772
Return on Invested Capital (%)
- -
- -
74.19
31.57
31.83
39.74
39.94
36.8
9.93
- -
- -
- -
6.14
3.77
Return on Capital (%)
- -
- -
98.44
56
35.2
42.25
42.05
39.09
10.37
- -
- -
- -
5.86
3.83
Return on Common Equity (%)
- -
16.85
101.18
56
35.22
42.33
41.98
40.59
10.54
-6.47
1.55
4.03
5.87
3.88

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5
4
5
LT Borrowings
- -
- -
27
LT Finance Leases
5
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
79
79
79
Market Capitalization
10,021
10,262
5,968

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
941
880
876
Cash, Cash Equivalents & STI
207
216
268
Accounts Receivable, Net
159
152
154
Inventories
31
35
36
Total Current Liabilities
160
108
99
Payables & Accruals
- -
- -
- -
ST Debt
5
4
5
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
59.57%
42.81%
2.58%
Free Cash Flow
172.59%
292.63%
14.66%
Net Income, GAAP
10.59%
-29.19%
48.15%
Sales/Revenue/Turnover
27.29%
3.44%
-2.29%
Total Cash Common Dividend
- -
- -
129.46%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
59
126
92
170
447
2025
65
123
- -
150
437
2026
44
114
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.12
0.24
0.06
0.24
0.4
2025
0.01
0.39
- -
-0.02
0.59
2026
-0.18
0.2
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.29
2025
- -
- -
- -
- -
0.67
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jun Li
Full Time Employees
983
Sector
Technology services
Industry
Packaged software
Address
Building B, Paradise Software Park Hangzhou ZH China 310012
IPO Date
Mar 30, 2021
Website
pinming.cn
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Business
Pinming Technology Co., Ltd. Pinming Technology Co., Ltd. (688109.SS), founded in 2011 and headquartered in Hangzhou, China, provides digital construction applied technologies, products, and solutions focused on the construction industry from preparation through completion acceptance. The company develops and sells core software offerings including digital costing products such as Pinming Shengsuan costing control software, Pinming Mingsuan BIM civil engineering measurement software, Pinming BIM installation quantity software, and Pinming BIM municipal quantity software; smart construction site solutions like the third-generation Pinming smart construction site cloud platform, Pinming site personnel real-name management system, Pinming Safety Nightingale, and Pinming Behavior Safety Star; digital infrastructure platforms encompassing Pinming digital infrastructure decision command platform, Pinming digital energy, Pinming Sunshine Tunnel, and Pinming digital mixing plant; BIM software such as Pinming HiBIM civil engineering software, Pinming HiBIM site layout software, Pinming HiBIM electromechanical software, and Pinming HiBIM electromechanical drawing software; construction software including Pinming construction cloud safety calculation software, Pinming 3D construction planning software, and Pinming intelligent progress plan software; as well as artificial intelligence, digital education, and digital government solutions. Pinming Technology Co., Ltd. primarily serves domestic Chinese markets, targeting construction enterprises, infrastructure projects, and government entities with integrated services in software research, development, sales, technical support, network equipment, security monitoring, and information system integration. In recent developments, the company, formerly known as Hangzhou Pinming Software Co., Ltd., reported full-year earnings for the period ended December 31, 2024, named its founder as honorary chairman in February 2025, and announced plans for a material matter potentially leading to a change of control.