Shaanxi Huaqin Technology Industry Co., Ltd. Class A

Shaanxi Huaqin Technology Industry Co., Ltd. Class A

SSSE:688281
42.75
CNY
-2.93
(-6.41%)
19.17BMarket Cap
Oct 23Next Earn
Shaanxi Huaqin Technology Industry Co., Ltd. Class A
SSE:688281
(Shanghai Stock Exchange)

Recent

price

42.75

P/E

ratio

- -

div

yld

0.43%

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.16
0.41
1.45
1.79
2.22
2.4
2.99
3.27
- -
Revenue per Share
0.03
-0.37
0.54
0.81
1.1
0.88
1.09
0.81
- -
Basic EPS, GAAP
0.01
-0.26
-0.2
0.33
-0.5
-1.01
-0.74
0.54
- -
Free Cash Flow per Basic Share
- -
- -
- -
0.01
0.08
0.09
0.15
0.46
0.18
Dividend per Share
0.23
0.45
1.06
1.87
9.97
11.01
11.98
12.36
12.68
Book Value per Share
0.21
0.43
1.04
1.71
9.85
10.72
11.62
11.62
11.97
Tangible Book Value per Share
293
286
286
286
303
382
381
381
382
Basic Weighted Avg Shares
48
117
414
512
672
917
1,139
1,244
- -
Sales/Revenue/Turnover
29.1
-101.52
46.99
53.23
48.4
23.86
35.63
24.78
- -
Operating Margin (%)
1
4
5
9
10
22
51
94
- -
Depreciation Expense
10
-106
155
233
333
335
414
307
- -
Net Income, GAAP
10.79
- -
12.48
12.37
11.79
4.04
11.11
19.4
- -
Effective Tax Rate (%)
21.55
-90.42
37.41
45.55
49.59
36.52
36.33
24.7
- -
Profit Margin (%)
-10
60
294
484
3,338
3,397
3,538
3,512
3,467
Working Capital
- -
- -
50
64
- -
185
653
628
494
LT Debt
66
129
303
536
3,862
4,309
4,674
4,940
5,055
Total Equity
- -
- -
61.12
47.89
14.7
5.99
7.89
4.17
- -
Return on Invested Capital (%)
- -
- -
62.45
49.05
14.96
9.72
8.93
6.7
- -
Return on Capital (%)
- -
-108.09
71.7
55.6
15.36
8.37
9.43
6.62
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
523
439
449
LT Borrowings
519
522
388
LT Finance Leases
109
108
105
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
382
382
382
Market Capitalization
20,116
19,543
19,168

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,630
4,551
4,439
Cash, Cash Equivalents & STI
3,260
3,032
2,727
Accounts Receivable, Net
825
971
1,120
Inventories
273
353
345
Total Current Liabilities
1,118
998
972
Payables & Accruals
- -
- -
- -
ST Debt
523
439
449
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
144.66%
5.7%
Free Cash Flow
- -
-113.4%
-171.86%
Net Income, GAAP
- -
18.37%
-25.78%
Sales/Revenue/Turnover
- -
24.97%
9.17%
Total Cash Common Dividend
- -
284.49%
201.67%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
248
238
253
401
1,139
2025
241
275
- -
442
1,244
2026
299
435
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.3
0.27
0.25
0.27
1.09
2025
0.16
0.22
- -
0.17
0.81
2026
0.21
0.24
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.13
0.01
0.01
0.15
2025
0.07
0.27
- -
0.01
0.46
2026
0.05
0.12
- -
- -
- -
Business
Shaanxi Huaqin Technology Industry Co., Ltd. is a China-based advanced materials and aerospace engineering enterprise primarily engaged in the research, development, manufacturing, and technical servicing of specialized functional materials and precision aerospace components. Founded in 1992 and headquartered in Xi'an, Shaanxi Province, China, the company operates across defense, aerospace, and high-end industrial sectors, supplying mission-critical solutions for military aircraft, main battle tanks, naval vessels, missile defense systems, and commercial industrial applications. Shaanxi Huaqin Technology Industry Co., Ltd. structures its core offerings across multiple integrated business segments: specialized stealth materials, comprising multi-spectral stealth coating materials, wide-temperature radar-absorbing coatings, and structural stealth composite materials designed to suppress radar, infrared, and visible signatures; military camouflage systems, including high-fidelity simulation camouflage screens, camouflage netting, and mobile target concealment systems for critical ground assets; surface protection and thermal management materials, consisting of heavy-duty anti-corrosion coatings, high-efficiency thermal resistance materials, thermal barrier coatings, and electromagnetic shielding coatings; high-temperature ceramic matrix composites, including oxide-based ceramic matrix composites, continuous silicon carbide fiber-reinforced silicon carbide composites, and multifunctional integrated structural components tailored for aero-engine hot-section environments; precision aerospace component manufacturing and processing services, featuring specialized machining, structural part fabrication, surface processing, and maintenance and overhaul services for aero-engine parts; advanced acoustic materials and testing solutions, encompassing acoustic metamaterials, optical-acoustic non-destructive detection systems, and intelligent vibration analysis instrumentation; and ultrafine-grained structural metal components for critical mechanical assemblies. The company delivers its products and services primarily within the domestic Chinese market, maintaining research, testing, and production facilities across Xi'an, Shenyang, and Shanghai to serve state-owned defense conglomerates, aviation research institutes, and commercial industrial clients. In recent developments, Shaanxi Huaqin Technology Industry Co., Ltd. has accelerated its strategic transition from a specialized coating supplier into an integrated aerospace materials and component solutions provider under its aero-engine-centered expansion strategy. To support this growth, the company has scaled operations through key operating subsidiaries, including Shenyang Huaqin Aviation Engine Technology Co., Ltd. for large-scale aero-engine precision component manufacturing, and Shanghai Ruihuasheng New Materials Co., Ltd., where it completed multi-phase production lines dedicated to ceramic matrix composites and high-temperature structural components. Operationally, the company has optimized its regional manufacturing footprints across major aerospace hubs, expanded its civil market penetration into power energy and rail transportation sectors, and broadened its commercial pipeline for acoustic environmental engineering and next-generation composite structures.