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    Oilfield services/Equipment
Nanjing Develop Advanced Manufacturing Co. Ltd. Class 1

Nanjing Develop Advanced Manufacturing Co. Ltd. Class 1

SSSE:688377
15.33
CNY
+0.24
(+1.59%)
5.51BMarket Cap
Oct 31Next 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
2.67
2.94
1.88
1.33
2.04
2.91
3.96
3.53
2.32
4.25
5.24
4.81
5.23
- -
Basic EPS, GAAP
0.3
0.34
0.18
-0.23
0.03
0.3
0.54
0.4
0.14
0.52
0.62
0.37
0.52
- -
Free Cash Flow per Basic Share
- -
- -
- -
0.06
-0.15
0.1
0.15
0.18
-0.64
-0.9
-0.28
-0.33
0.14
- -
Dividend per Share
0.17
0.08
0.08
0.08
0.07
0.05
0.04
0.02
0.14
0.02
0.16
0.22
0.16
0.2
Book Value per Share
2.66
3
3.19
2.96
3.23
3.52
4.07
6.49
6.39
6.94
7.46
7.67
8.09
8.21
Tangible Book Value per Share
2.27
2.62
2.81
2.59
2.92
3.22
3.77
6.27
6.17
6.65
7.18
7.11
7.49
7.62
Basic Weighted Avg Shares
151
152
151
151
167
173
175
201
227
231
231
233
231
232
Sales/Revenue/Turnover
402
445
283
201
340
503
694
708
528
983
1,210
1,124
1,207
- -
Operating Margin (%)
17.09
16.05
10.71
-11.32
7.81
13.23
16.93
14.35
5.41
13.06
12.89
8.28
12.05
- -
Depreciation Expense
- -
- -
- -
33
32
33
35
41
43
44
64
71
100
- -
Net Income, GAAP
45
52
28
-34
4
52
95
80
32
121
142
86
119
- -
Effective Tax Rate (%)
13.76
13.66
13.76
- -
19.91
13.12
12.38
11.51
4.08
9.67
11.74
11.36
9.14
- -
Profit Margin (%)
11.24
11.63
9.75
-16.94
1.22
10.32
13.66
11.33
6.1
12.36
11.77
7.62
9.89
- -
Working Capital
2
43
79
32
132
184
257
991
800
782
657
575
571
1,489
LT Debt
- -
- -
57
57
40
20
7
24
33
31
28
140
100
960
Total Equity
403
454
482
448
565
618
729
1,531
1,492
1,622
1,742
1,792
1,891
1,927
Return on Invested Capital (%)
8.16
8.2
3.52
- -
0.6
6.63
11.69
6
1.82
7.29
7.74
4.27
5.45
- -
Return on Capital (%)
8.22
8.39
4.03
- -
2.05
8.18
13.02
7.56
2.41
7.47
7.94
4.52
5.85
- -
Return on Common Equity (%)
11.63
12.09
5.9
-7.32
0.82
8.77
14.25
7.2
2.14
7.8
8.47
4.84
6.48
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
283
276
202
LT Borrowings
82
82
942
LT Finance Leases
18
18
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
234
234
234
Market Capitalization
7,144
7,081
5,508

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,401
1,359
2,150
Cash, Cash Equivalents & STI
358
382
1,197
Accounts Receivable, Net
429
423
413
Inventories
448
452
437
Total Current Liabilities
830
765
661
Payables & Accruals
- -
- -
- -
ST Debt
283
276
202
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.84%
4.38%
5.47%
Free Cash Flow
- -
-131.43%
-142.29%
Net Income, GAAP
111.15%
46.85%
39.43%
Sales/Revenue/Turnover
21.24%
16.83%
7.43%
Total Cash Common Dividend
114.72%
245.07%
-26.84%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
286
277
232
329
1,124
2025
271
292
- -
334
1,207
2026
280
294
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.12
0.04
0.09
0.37
2025
0.09
0.13
- -
0.13
0.52
2026
0.08
0.07
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.2
0.01
0.01
0.22
2025
0.01
0.13
- -
0.01
0.16
2026
0.01
0.18
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Li Zhang
Full Time Employees
931
Sector
Industrial services
Industry
Oilfield services/Equipment
Address
No. 8, Dixi Road Nanjing JS China 210048
IPO Date
Jul 8, 2020
Website
nj-develop.com
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Business
Nanjing Develop Advanced Manufacturing Co., Ltd. (688377.SS) manufactures and sells specialized pressure-bearing components for oil and gas equipment, including wellhead and Christmas tree parts; subsea equipment components for deepwater drilling and production; fracturing equipment parts for shale gas operations; drilling and production equipment components; blowout preventer (BOP) elements; and high-pressure fluid transportation systems, with additional applications in wind power and nuclear power sectors. Founded in 2009 and headquartered at No. 8 Dixi Road, Liuhe District, Nanjing, China, the company serves major oilfield service providers such as TechnipFMC, SLB, and Baker Hughes through strategic partnerships, operating primarily in China and exporting to international markets including the United Kingdom, France, Brazil, Malaysia, Singapore, and the United States. In October 2024, Nanjing Develop completed the acquisition of 100% equity in Singapore-based HME Technologies Pte. Ltd., an OEM manufacturer of oil and gas equipment, to establish an overseas production base, optimize global supply chains, enhance localized manufacturing and sales capabilities, and mitigate trade barrier risks amid complex international trade dynamics. The company listed on the Shanghai Stock Exchange STAR Market in July 2020, employs approximately 1,013 people, and continues to focus on high-value-added products in deep-sea and fracturing segments while expanding capacity for高端 valves and piping components to broaden its oil and gas offerings and explore adjacent high-end equipment industries.