Wedge Industrial Co., Ltd. Class A

Wedge Industrial Co., Ltd. Class A

SSZSE:000534
19.14
CNY
+0.42
(+2.24%)
13.94BMarket Cap
Oct 27Next 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
2.23
1.03
0.95
0.38
0.51
1.44
1.12
1.12
1.33
1.59
1.99
2.2
- -
- -
Basic EPS, GAAP
0.3
0.1
0.09
0.15
0.18
0.29
0.14
0.16
0.19
0.2
0.36
0.39
- -
- -
Free Cash Flow per Basic Share
0.97
0.6
-0.11
-0.65
-0.42
-0.4
-0.49
-0.03
-0.16
-0.29
-0.6
-0.96
- -
- -
Dividend per Share
0.27
0.22
0.14
0.19
0.11
0.23
0.11
0.11
0.13
0.11
0.12
0.24
- -
0.11
Book Value per Share
3.08
2.56
2.67
2.82
3.1
3.56
1.93
2.03
2.16
2.38
2.38
2.67
- -
3.67
Tangible Book Value per Share
3.08
2.56
2.67
2.67
2.91
3.33
1.58
1.63
1.61
1.73
1.63
1.89
- -
2.83
Basic Weighted Avg Shares
503
512
516
508
497
492
492
492
495
500
494
490
510
501
Sales/Revenue/Turnover
1,122
527
492
195
255
706
549
553
656
794
981
1,079
- -
- -
Operating Margin (%)
28.35
20.17
14.83
-12.57
-3.22
12.35
10.5
13.34
10.86
19.98
25.3
23.61
- -
- -
Depreciation Expense
7
22
25
11
17
26
24
43
62
63
72
88
- -
- -
Net Income, GAAP
151
51
46
76
89
145
71
77
95
102
177
193
- -
- -
Effective Tax Rate (%)
37.37
47.25
48.99
15.57
20.56
26.33
30.88
30.07
25.56
21.23
22.68
17.05
- -
- -
Profit Margin (%)
13.46
9.73
9.44
39.14
35.07
20.52
12.88
13.89
14.52
12.82
17.99
17.87
- -
- -
Working Capital
2,245
1,671
1,658
1,124
908
839
46
137
84
93
77
245
- -
546
LT Debt
695
165
- -
- -
- -
144
309
320
279
433
767
1,121
- -
1,313
Total Equity
1,865
1,630
1,658
1,406
1,546
1,752
948
992
1,099
1,240
1,305
1,549
- -
2,214
Return on Invested Capital (%)
5.65
1.6
1.45
2.92
3.97
4.72
2.7
4.48
5.56
6.1
8.9
6.7
- -
- -
Return on Capital (%)
7.59
3.63
3.24
5.87
6.4
9.15
6.14
6.51
7.41
6.64
8.67
8.36
- -
- -
Return on Common Equity (%)
11.27
3.66
3.6
5.65
6.15
8.85
5.24
7.88
9.2
8.99
14.69
14.98
- -
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
747
840
LT Borrowings
- -
1,791
1,296
LT Finance Leases
- -
17
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
510
510
510
Market Capitalization
11,210
18,058
13,941

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
2,140
1,939
Cash, Cash Equivalents & STI
- -
850
564
Accounts Receivable, Net
- -
641
711
Inventories
- -
472
509
Total Current Liabilities
- -
1,331
1,393
Payables & Accruals
- -
- -
- -
ST Debt
- -
747
840
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
290
212
275
302
1,079
2025
335
290
- -
- -
- -
2026
360
307
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.07
0.08
0.11
0.39
2025
0.15
0.09
- -
- -
- -
2026
0.15
0.1
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.03
0.15
0.04
0.24
2025
0.03
0.04
- -
- -
- -
2026
0.03
0.04
- -
- -
- -

Company Description

CEO
Lan Chen
Full Time Employees
1,438
Sector
Finance
Industry
Real estate development
Address
Building B, Guangming Building Shenzhen GD China 515041
IPO Date
Jan 10, 1994
Business
Wedge Industrial Co., Ltd. (000534.SZ) engages primarily in the research, development, production, and sale of microecological live bacteria products and superalloys along with related high-temperature alloy materials and core components. The company offers microecological active bacteria products including probiotic products, health food products, probiotic dietary supplements, and probiotic hand creams under brands such as Sanlian Probiotics, Bacteria Powder, and Today's Bacteria; superalloy products encompassing precision casting blades, directional blades, single crystal blades, isometric blades, powder turbine discs, high-temperature alloy powder discs, high-temperature master alloys, alloy powders, and nickel-based high-temperature master alloys used in aero engines and gas turbines. Founded in 1992 and headquartered in Shantou, Guangdong Province with key operations in Shenzhen, the firm transformed its main business through a major asset swap in March 2019 from real estate development to its current biopharmaceutical and advanced materials segments. In recent developments, Wedge Industrial reached a strategic consensus with Saudi Arabia's Ministry of Industry and Mineral Resources on October 14, 2025, to expand its high-temperature alloy business into Middle East markets; it plans to invest 500 million yuan in an industrial merger and acquisition fund focused on the two-machine industry chain with Qingdao Honghua; and earned accolades including the 2025 Outstanding Pharmaceutical Health Innovation Award at the 14th Finance Summit in July 2025. The company targets pharmaceutical, health supplement, and aviation-industrial customers mainly in China with emerging international expansion.