Zhongfu Straits (Pingtan) Development Company Limited Class A

Zhongfu Straits (Pingtan) Development Company Limited Class A

SSZSE:000592
7.00
CNY
+0.24
(+3.55%)
-0.21EPS
12.92BMarket Cap
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
0.51
0.51
0.56
0.41
0.44
0.48
0.5
0.64
0.83
0.61
0.64
0.82
0.7
0.65
Basic EPS, GAAP
0.03
0.04
0.02
0.01
- -
0.01
0.01
-0.12
-0.2
-0.12
-0.16
-0.06
-0.06
-0.11
Free Cash Flow per Basic Share
-0.06
-0.02
-0.18
-0.07
-0.1
-0.41
0.17
-0.07
-0.04
0.04
0.03
-0.09
0.11
- -
Dividend per Share
0.01
0.01
0.02
- -
0.01
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.63
0.67
1.63
1.64
1.64
1.65
1.66
1.55
1.34
1.23
1.07
0.98
0.92
0.88
Tangible Book Value per Share
0.61
0.65
1.61
1.6
1.54
1.55
1.56
1.47
1.3
1.18
1.01
0.93
0.87
0.84
Basic Weighted Avg Shares
1,695
1,695
1,714
1,931
1,926
1,937
1,925
1,931
1,932
1,932
1,931
1,918
1,892
1,873
Sales/Revenue/Turnover
858
865
963
786
848
935
966
1,234
1,607
1,175
1,233
1,563
1,320
1,222
Operating Margin (%)
3.98
5.67
5.65
-0.45
-0.01
1.22
1.05
2.18
1.75
-0.77
0.19
5.67
0.95
-0.61
Depreciation Expense
35
37
37
36
50
46
49
54
45
44
47
46
48
- -
Net Income, GAAP
43
70
38
20
6
26
25
-226
-387
-230
-308
-117
-113
-203
Effective Tax Rate (%)
6.12
8.61
11.94
66.16
323.22
60.63
23.23
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
5.07
8.14
3.92
2.58
0.7
2.82
2.55
-18.31
-24.11
-19.53
-24.96
-7.47
-8.56
-16.61
Working Capital
949
977
2,892
2,607
2,400
2,532
2,762
2,516
1,832
1,518
1,394
1,281
1,014
1,110
LT Debt
76
36
35
128
76
3
3
3
3
16
28
8
4
4
Total Equity
1,348
1,430
3,426
3,490
3,498
3,383
3,577
3,278
2,491
2,284
2,144
1,969
1,758
1,686
Return on Invested Capital (%)
1.06
1.69
0.81
-0.1
0.15
0.8
0.3
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
3.52
5.18
2.43
0.99
-0.65
0.76
1.07
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
4.16
6.39
1.76
0.64
0.19
0.83
0.77
-7.29
-13.88
-9.25
-13.91
-5.92
-6.17
-11.29

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
591
586
527
LT Borrowings
- -
- -
- -
LT Finance Leases
4
3
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,932
1,932
1,932
Market Capitalization
29,749
24,688
12,924

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,438
2,499
2,181
Cash, Cash Equivalents & STI
807
920
984
Accounts Receivable, Net
80
107
112
Inventories
1,298
1,250
914
Total Current Liabilities
1,424
1,332
1,070
Payables & Accruals
- -
- -
- -
ST Debt
591
586
527
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-6.11%
-11.46%
-10.71%
Free Cash Flow
-84.14%
-172.53%
-216.43%
Net Income, GAAP
-79.97%
-0.11%
-3.29%
Sales/Revenue/Turnover
5.03%
3.89%
-15.57%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
603
324
257
379
1,563
2025
292
450
- -
290
1,320
2026
239
243
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
- -
-0.07
-0.06
2025
- -
0.01
- -
-0.08
-0.06
2026
- -
-0.04
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
Zhi Ming Wang
Full Time Employees
1,073
Sector
Non-energy minerals
Industry
Forest products
Address
World Golden Dragon Building Fuzhou FU China 350003
IPO Date
Mar 27, 1996
Website
000592.com
Business
Zhongfu Straits (Pingtan) Development Company Limited engages primarily in afforestation, forest management, and the processing and sale of forest products in China and internationally; its core offerings include seedling cultivation, tree planting and forest seedling products, medium and high density fiberboard ranging from 1-40mm, timber trading, logs, pulp and pulp-related products, tobacco fertilizers for tobacco companies, as well as landscaping, pawnbroking, microloans, and infrastructure construction related to the Pingtan Comprehensive Experimental Zone's open development. The company operates mainly in Fujian Province with a focus on the forestry industry and Pingtan development projects, targeting tobacco firms, construction sectors, and regional trade markets. Founded in 1993 and headquartered in Fuzhou, China, it listed on the Shenzhen Stock Exchange in 1996, formerly known as Fujian Zhongfu Industries Co., Ltd. before changing its name in May 2014; it holds honors as a Fujian provincial key leading enterprise in agriculture and forestry industrialization. Recent developments include an equity buyback plan announced on July 1, 2024, under which the company repurchased 37,776,600 shares representing 1.96% of its capital for CNY 56.19 million by October 2024, alongside multiple stock trading suspension requests in November 2025 amid severe price fluctuations exceeding 250% cumulatively, with no reported changes to core operations, partnerships, or acquisitions.