OKE Precision Cutting Tools Co., Ltd. Class A

OKE Precision Cutting Tools Co., Ltd. Class A

SSSE:688308
62.60
CNY
-3.67
(-5.54%)
28.87BMarket Cap
Oct 30Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.01
5.53
5.75
6.68
7.07
7.45
6.49
7.08
9.14
- -
Basic EPS, GAAP
0.52
0.64
0.84
1.02
1.59
1.71
1.05
0.36
0.65
- -
Free Cash Flow per Basic Share
-0.51
-0.45
0.63
0.45
-1.34
-2.12
-2.85
-2.2
-1.53
- -
Dividend per Share
0.07
0.06
0.17
0.17
0.24
0.51
0.54
0.47
0.25
0.1
Book Value per Share
5.1
5.68
6.46
9.34
10.67
15.65
16.14
16.05
16.55
18.9
Tangible Book Value per Share
4.93
5.51
6.07
9.05
9.9
14.98
15.49
15.41
15.9
18.26
Basic Weighted Avg Shares
85
106
105
105
140
142
158
159
159
158
Sales/Revenue/Turnover
428
584
603
702
990
1,055
1,026
1,127
1,457
- -
Operating Margin (%)
14.18
14.08
18.34
18.96
24.61
26.17
17.36
7.13
9.11
- -
Depreciation Expense
29
37
45
50
56
76
90
110
158
- -
Net Income, GAAP
45
67
88
107
222
242
166
57
104
- -
Effective Tax Rate (%)
12.53
12.76
12.81
12.93
12.86
10.3
6.85
6.1
1.73
- -
Profit Margin (%)
10.4
11.49
14.67
15.3
22.44
22.94
16.17
5.08
7.11
- -
Working Capital
210
328
320
870
750
1,267
1,028
867
933
1,353
LT Debt
- -
87
38
- -
3
- -
- -
94
51
76
Total Equity
535
596
678
1,307
1,494
2,468
2,563
2,551
2,628
3,002
Return on Invested Capital (%)
- -
10.96
12.01
10.11
14.93
11.87
5.81
1.73
3.07
- -
Return on Capital (%)
- -
11.02
13.04
10.72
15.78
12.03
6.03
2.38
3.95
- -
Return on Common Equity (%)
- -
11.86
13.88
10.82
15.86
12.22
6.6
2.24
4
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
573
877
894
LT Borrowings
45
78
70
LT Finance Leases
5
6
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
159
159
159
Market Capitalization
5,024
12,420
28,868

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,996
2,752
2,936
Cash, Cash Equivalents & STI
310
447
228
Accounts Receivable, Net
466
615
700
Inventories
727
924
1,288
Total Current Liabilities
1,063
1,560
1,583
Payables & Accruals
- -
- -
- -
ST Debt
573
877
894
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

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

CNY

•

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
563
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
0.19
0.19
-0.21
0.36
2025
0.05
-0.04
- -
0.33
0.65
2026
1.29
1.06
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.41
0.03
0.02
0.47
2025
0.03
0.02
- -
0.02
0.25
2026
0.03
0.04
- -
- -
- -

Company Description

CEO
Wen Qing Tan
Full Time Employees
1,404
Sector
Producer manufacturing
Industry
Metal fabrication
Address
Jinlong Community Zhuzhou HU China 412007
IPO Date
Dec 10, 2020
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.