Jiangxi Guoke Defence Group Co., Ltd. Class A

Jiangxi Guoke Defence Group Co., Ltd. Class A

SSSE:688543
49.39
CNY
+1.28
(+2.66%)
9.89BMarket Cap
Oct 29Next Earn
Jiangxi Guoke Defence Group Co., Ltd. Class A
SSE:688543
(Shanghai Stock Exchange)

Recent

price

49.39

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.56
1.72
2.04
2.09
1.76
3.3
3.87
4.39
4.67
4.8
5.62
- -
Revenue per Share
0.17
0.17
0.21
0.29
0.08
0.36
0.43
0.58
0.63
0.79
0.98
- -
Basic EPS, GAAP
-0.06
0.08
-0.08
-0.46
-0.36
0.43
-0.15
0.03
1.57
-0.99
1.5
- -
Free Cash Flow per Basic Share
0.12
0.02
0.04
0.3
0.12
0.12
0.1
0.09
0.05
0.48
0.63
- -
Dividend per Share
1.32
1.51
1.67
1.81
1.4
1.78
2.96
3.56
8.94
9.01
9.63
9.22
Book Value per Share
1.32
1.4
1.55
1.38
0.92
1.22
2.47
3.06
8.58
8.43
9.06
8.61
Tangible Book Value per Share
173
173
173
174
175
174
174
191
223
251
251
254
Basic Weighted Avg Shares
270
297
353
364
308
574
672
837
1,040
1,204
1,410
- -
Sales/Revenue/Turnover
13.51
14.26
15.57
19.48
14.44
20.2
15.8
19.23
16.16
18.3
16.95
- -
Operating Margin (%)
6
9
9
13
20
22
32
42
49
53
64
- -
Depreciation Expense
29
30
36
50
13
63
75
110
141
199
247
- -
Net Income, GAAP
26.08
27.59
23.25
16.7
18.83
16.01
14
12.75
11.88
11.94
8.84
- -
Effective Tax Rate (%)
10.77
10.11
10.23
13.84
4.28
11.03
11.22
13.2
13.52
16.5
17.49
- -
Profit Margin (%)
160
268
132
42
-183
-101
77
138
1,489
1,405
1,470
1,358
Working Capital
- -
100
- -
40
12
174
265
302
61
21
3
13
LT Debt
234
269
292
318
248
311
567
683
2,281
2,298
2,430
2,324
Total Equity
- -
10.58
8.89
10.43
2.63
10.42
9.98
11.27
8.6
8.91
10.05
- -
Return on Invested Capital (%)
- -
8.88
8.37
10.53
5.1
12.34
10.36
11.5
8.29
8.16
10.25
- -
Return on Capital (%)
- -
12.25
13.13
16.73
4.74
23.03
17.34
17.83
9.56
8.74
10.51
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
1
2
LT Borrowings
- -
5
10
LT Finance Leases
3
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
251
251
251
Market Capitalization
12,963
13,944
9,887

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,322
2,119
1,937
Cash, Cash Equivalents & STI
1,518
1,189
886
Accounts Receivable, Net
400
326
426
Inventories
201
227
252
Total Current Liabilities
852
616
580
Payables & Accruals
- -
- -
- -
ST Debt
1
1
2
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
37.9%
68.58%
5.73%
Free Cash Flow
472.73%
994.1%
-252.29%
Net Income, GAAP
52.85%
31.63%
24.09%
Sales/Revenue/Turnover
20.17%
19.74%
17.09%
Total Cash Common Dividend
151.81%
179.87%
31.91%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
183
298
282
440
1,204
2025
125
293
- -
635
1,410
2026
155
229
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.19
0.28
0.2
0.79
2025
0.12
0.19
- -
0.41
0.98
2026
0.07
0.16
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.46
0.01
- -
0.48
2025
- -
0.63
- -
- -
0.63
2026
- -
- -
- -
- -
- -
Business
Jiangxi Guoke Defence Group Co., Ltd. is a China-based defense technology enterprise engaged in the research, development, manufacture, and distribution of solid-propellant rocket motor propulsion and control systems, ammunition equipment, and specialized pyrotechnic systems. Founded in December 2007 and restructured into a joint-stock corporation in March 2016, the company is headquartered in Nanchang, Jiangxi Province, China, and operates as a core defense industrial unit of state-owned Jiangxi Military Industry Holding Group Co., Ltd. The company executes its research and production operations primarily through five specialized operating subsidiaries, including Jiangxi Xianfeng Military Machinery Co., Ltd., Jiujiang Guoke Yuanda Electromechanical Co., Ltd., Jiangxi Xinghuo Military Industry Co., Ltd., Jiangxi Xinming Machinery Co., Ltd., and Jiangxi Aerospace Jingwei Chemical Co., Ltd., with primary manufacturing, assembly, and testing facilities situated across Nanchang, Yichun, and Jiujiang. The company organizes its commercial operations into two primary defense segments and an extended civilian product line: Missile and Rocket Propulsion and Control Systems, Ammunition Equipment, and Civil-Military Integration Products. Its comprehensive product and service portfolio comprises: solid rocket motor power modules and solid propellant propulsion units for tactical missiles and rockets; missile and rocket flight control devices, including anti-interference solid rocket motor ignition assemblies, safety and arming mechanisms, and on-board detonation control units; conventional and precision-guided munitions, including main battle artillery ammunition, anti-aircraft shells, naval gun munitions, and specialized tactical missile warheads; intelligent fuze and ignition systems, including electronic time fuzes, proximity fuzes, mechanical fuzes, and programmable smart control units; and civilian weather-modification systems, including anti-hail rockets, artificial precipitation enhancement shells, and industrial pyrotechnic safety equipment. The company delivers its defense products primarily to the Chinese armed forces and national defense prime contractor groups, alongside authorized foreign military export clients, while marketing its civil meteorological systems through specialized domestic distribution networks. In recent corporate developments, Jiangxi Guoke Defence Group completed its initial public offering and listed its Class A shares on the STAR Market of the Shanghai Stock Exchange under the ticker 688543 in June 2023. Following the listing, the company commenced full-scale construction of its advanced solid propulsion power module capacity expansion project to meet growing downstream procurement demands and upgrade automated manufacturing lines. Furthermore, the company has strategically expanded into the commercial aerospace launch sector, advancing the research, ground testing, and low-rate initial delivery of solid rocket motors engineered for commercial satellite launch vehicles. The company has also expanded its global defense footprint by securing major military trade export contracts and executing targeted investments in smart production automation and specialized testing infrastructure across its regional manufacturing bases.