Chengdu Qinchuan Iot Technology Co. Ltd. Class A

Chengdu Qinchuan Iot Technology Co. Ltd. Class A

SSSE:688528
9.25
CNY
-0.26
(-2.73%)
-0.75EPS
1.54BMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.09
1.48
1.6
1.94
2.03
1.78
2.68
1.93
2.01
1.7
1.68
Basic EPS, GAAP
0.31
0.09
0.35
0.35
0.31
0.17
0.01
-0.35
-0.41
-0.73
-0.75
Free Cash Flow per Basic Share
0.07
0.1
-0.21
0.15
-0.46
-0.6
-0.45
-0.61
-0.02
-0.25
- -
Dividend per Share
0.44
0.22
- -
0.01
0.01
0.15
0.1
0.02
0.03
0.03
0.02
Book Value per Share
1.1
1.45
1.97
2.32
4.49
4.52
4.46
4.11
3.25
2.72
2.58
Tangible Book Value per Share
0.98
1.32
1.84
2.19
4.39
4.35
4.33
3.83
3.01
2.49
2.37
Basic Weighted Avg Shares
111
109
127
126
149
172
137
169
159
159
159
Sales/Revenue/Turnover
121
161
203
245
302
306
368
327
321
270
267
Operating Margin (%)
19.32
9.04
25.26
21.78
18.46
5.92
-0.53
-19.56
-24.78
-38.07
-36.93
Depreciation Expense
2
2
2
10
12
20
31
38
49
46
- -
Net Income, GAAP
34
10
44
44
46
29
1
-59
-65
-116
-120
Effective Tax Rate (%)
13.07
34.91
12.1
10.37
10.33
- -
- -
- -
- -
- -
- -
Profit Margin (%)
28.52
6.08
21.89
18.06
15.28
9.55
0.37
-18.11
-20.35
-42.9
-44.72
Working Capital
58
56
57
97
476
423
392
221
124
60
30
LT Debt
- -
- -
- -
- -
- -
- -
54
3
48
26
14
Total Equity
132
174
248
292
755
759
750
691
547
458
435
Return on Invested Capital (%)
- -
5.61
21.23
16.29
8.5
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
6.23
20.54
16.46
8.75
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
6.42
21.06
16.4
8.82
3.86
0.18
-8.22
-10.55
-23.12
-25.2

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
121
131
113
LT Borrowings
14
5
5
LT Finance Leases
12
9
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
168
168
168
Market Capitalization
1,809
1,796
1,536

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
354
346
344
Cash, Cash Equivalents & STI
72
42
12
Accounts Receivable, Net
169
174
201
Inventories
67
86
101
Total Current Liabilities
293
307
313
Payables & Accruals
- -
- -
- -
ST Debt
121
131
113
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-9.11%
-16.18%
Free Cash Flow
- -
235.86%
1,199.35%
Net Income, GAAP
- -
-892.91%
77.57%
Sales/Revenue/Turnover
- -
-1.46%
-15.76%
Total Cash Common Dividend
- -
348.15%
-3.66%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
101
88
72
59
321
2025
56
71
- -
51
270
2026
62
83
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
-0.09
-0.14
-0.15
-0.41
2025
-0.19
-0.2
- -
-0.29
-0.73
2026
-0.15
-0.12
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.01
0.01
0.03
2025
0.01
0.01
- -
0.01
0.03
2026
0.01
- -
- -
- -
- -

Company Description

CEO
Ze Hua Shao
Full Time Employees
771
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No. 931, South Fourth Road Chengdu SI China 610100
IPO Date
Jul 1, 2020
Website
cdqckj.com
Business
Chengdu Qinchuan IoT Technology Co., Ltd. Chengdu Qinchuan IoT Technology Co., Ltd. (688528.SS) engages in the research, development, manufacturing, sales, and servicing of Internet of Things (IoT) solutions for smart cities, industrial IoT, and intelligent sensors, with a primary focus on smart gas metering and related technologies. Founded in 2001 and headquartered at No. 931 Nansi Road, Longquanyi District Economic Development Zone, Chengdu, China, the company serves domestic and overseas markets, targeting utilities, gas operators, industrial clients, and smart city initiatives. Its core products and services include IoT smart gas meters, IC card smart gas meters, membrane gas meters, remote control smart gas meters, industrial and commercial gas meters, NB gas meters, AMR gas meters, IoT smart water meters, ultrasonic water meters and gas meters, household combustible gas detectors, pipeline gas self-closing valves, electromagnetic gas emergency shut-off valves, gas roots flow meters, gas turbine flowmeters, ultrasonic flow meters, PTC and NTC thermistors, temperature sensors, pressure alarms, small angle sensors, displacement sensors, position sensors, slope sensors, wheel speed sensing ABS cables; IoT gas management platforms, IoT smart water platforms, IoT smart gas meter operating systems, gas operation management software, QCINFMS industrial IoT solutions, intelligent manufacturing industrial IoT solutions, smart factory industrial IoT solutions, cloud manufacturing industrial IoT solutions, and smart city IoT systems such as the natural gas energy metering IoT system and gas industry regulatory information platform. The company holds 567 Chinese authorized invention patents, 283 foreign patents (primarily in the US), 364 computer software copyrights, and has main-edited or participated in 82 national standards. Recent developments include the termination in December 2024 of a planned cash acquisition of 60% stake in Chengdu Pvirtech Co., Ltd. (also referred to as Chengdu Paiwote or Powerwater Technology) due to failure to reach agreement on terms; recognition in January 2025 as a first-batch authorized pilot cooperation unit for the China Disaster Prevention Association's smart city emergency regulatory platform project; selection in January 2025 for the 2024 green manufacturing list as a green factory by the Ministry of Industry and Information Technology; certification in January 2025 of its gas industry regulatory information platform as a 2024 Sichuan provincial major technical equipment first-of-its-kind product (valid 2025-2027); securing a temperature sensor project定点 from a prominent domestic joint-venture auto systems manufacturer entering mass production in December 2024; multiple 2024 awards for technical innovation capacity including Sichuan top 100 enterprises for innovation capability, invention patents, and potential; participation in key industry events such as the 2024 China International Gas and Heating Technology Exhibition and the 13th China Gas Operations and Safety Seminar; and listing on the 2025 LexisNexis "Innovation Momentum: Global Top 100" for intellectual property in February 2025, alongside ongoing IoT cultural and standard promulgation activities.