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    Producer manufacturing

  3. •

    Metal fabrication
Suzhou Mingzhi Technology Co., Ltd Class A

Suzhou Mingzhi Technology Co., Ltd Class A

SSSE:688355
15.25
CNY
-0.18
(-1.17%)
0.69EPS
27.84P/E
2.39BMarket 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
4.31
5.48
6.92
6.66
6.48
4.96
4.37
5.14
4.32
4.25
Basic EPS, GAAP
0.69
0.33
0.87
1.28
1.12
0.3
0.12
0.54
0.65
0.69
Free Cash Flow per Basic Share
0.24
0.4
-0.1
0.9
0.88
-1.03
0.18
0.69
1.78
- -
Dividend per Share
0.02
0.6
0.51
0.04
0.01
0.42
0.07
0.46
0.46
1
Book Value per Share
2.83
2.98
3.63
4.92
8.73
8.63
8.55
8.75
8.89
8.55
Tangible Book Value per Share
2.66
2.8
3.42
4.71
8.57
8.42
8.33
8.51
8.63
8.31
Basic Weighted Avg Shares
84
86
85
92
110
123
122
123
123
119
Sales/Revenue/Turnover
363
471
590
612
714
613
533
631
530
507
Operating Margin (%)
20.01
8.81
100
23.8
19.36
4.45
1.1
12.6
7.67
9.93
Depreciation Expense
18
23
6
24
26
29
36
45
46
- -
Net Income, GAAP
58
28
74
118
123
37
15
66
80
83
Effective Tax Rate (%)
14.15
25.65
14.56
15.15
12.7
- -
- -
4.26
4.63
1.73
Profit Margin (%)
15.99
6.03
12.56
19.22
17.28
6.04
2.75
10.51
15.06
16.28
Working Capital
98
105
143
263
844
751
643
655
319
411
LT Debt
- -
- -
20
21
- -
2
- -
- -
- -
- -
Total Equity
262
275
335
454
1,074
1,070
1,059
1,085
1,101
1,059
Return on Invested Capital (%)
- -
9.42
19.32
23
14.77
- -
- -
6.05
7.23
7.27
Return on Capital (%)
- -
9.82
19.76
23.37
14.85
- -
- -
6.01
7.18
7.4
Return on Common Equity (%)
- -
10.56
24.27
29.82
16.15
3.45
1.38
6.19
7.31
7.65

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
26
61
79
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
124
124
124
Market Capitalization
2,206
2,628
2,386

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
613
671
840
Cash, Cash Equivalents & STI
265
284
318
Accounts Receivable, Net
125
124
122
Inventories
123
127
152
Total Current Liabilities
294
320
429
Payables & Accruals
- -
- -
- -
ST Debt
26
61
79
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

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

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
122
174
139
196
631
2025
117
135
- -
161
530
2026
120
92
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.21
0.08
0.11
0.54
2025
0.11
0.25
- -
0.29
0.65
2026
0.03
0.11
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.4
0.05
- -
0.46
2025
- -
0.45
- -
0.01
0.46
2026
- -
0.5
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
He Qiu
Full Time Employees
694
Sector
Producer manufacturing
Industry
Metal fabrication
Address
No. 1999 West Tongxiao Road Suzhou JS China 215216
IPO Date
Apr 29, 2021
Website
mingzhi-tech.com
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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.