Delong Composite Energy Group Co. Ltd. Class A

Delong Composite Energy Group Co. Ltd. Class A

SSZSE:000593
17.80
CNY
+0.53
(+3.07%)
0.13EPS
169.56P/E
7.67BMarket 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
2.06
1.57
1.49
1.45
1.35
1.76
2.89
3.54
4.21
4.11
4.46
4.83
4.26
4.12
Basic EPS, GAAP
0.18
0.06
0.05
-0.17
0.07
-0.52
0.12
0.1
0.14
0.13
-0.67
0.05
0.06
0.13
Free Cash Flow per Basic Share
-0.09
-0.05
0.09
-0.47
-0.03
-0.23
0.02
0.08
0.37
0.34
0.47
0.21
0.24
- -
Dividend per Share
0.04
0.08
0.02
0.16
0.05
0.07
0.09
0.11
0.11
0.08
0.07
0.06
0.05
0.05
Book Value per Share
2.99
2.38
2.32
3.1
3.09
2.57
2.68
2.79
2.93
3.07
2.36
2.37
2.42
2.5
Tangible Book Value per Share
2.92
2.32
2.27
1.61
1.6
1.66
1.56
1.67
1.81
1.93
1.54
1.66
1.69
1.78
Basic Weighted Avg Shares
223
281
282
326
360
358
359
360
358
357
359
359
357
356
Sales/Revenue/Turnover
460
443
421
474
486
631
1,038
1,275
1,507
1,469
1,600
1,737
1,519
1,467
Operating Margin (%)
7.33
5.12
5.3
4.25
12.28
7.41
9.53
8.92
7.69
6.65
7.73
6.6
7.2
7.99
Depreciation Expense
22
24
25
29
36
44
56
62
72
76
79
79
76
- -
Net Income, GAAP
39
17
14
-55
24
-186
41
35
50
48
-241
19
20
45
Effective Tax Rate (%)
25.75
26.67
29.48
- -
28.03
- -
33.63
35.42
29.86
31.99
- -
42.49
45.76
33.18
Profit Margin (%)
8.5
3.88
3.34
-11.63
4.96
-29.42
3.98
2.74
3.35
3.28
-15.08
1.1
1.34
3.06
Working Capital
272
205
166
13
209
113
-352
-301
-165
-84
-185
-324
-256
-131
LT Debt
54
- -
30
149
410
387
93
84
218
303
309
154
191
300
Total Equity
667
665
650
1,105
1,108
925
986
1,050
1,103
1,156
939
934
954
984
Return on Invested Capital (%)
5.56
2.03
1.8
- -
1.8
- -
2.82
2.42
3.31
2.63
- -
1.07
1.42
3.09
Return on Capital (%)
7.31
2.55
2.13
- -
2.39
- -
3.9
3.22
4.29
4.03
- -
1.96
2.03
3.8
Return on Common Equity (%)
7.8
2.58
2.14
-6.26
2.17
-18.32
4.39
3.56
4.92
4.48
-24.76
2.25
2.37
5.13

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
290
238
109
LT Borrowings
189
224
298
LT Finance Leases
2
3
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
359
359
359
Market Capitalization
4,017
5,648
7,668

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
487
487
402
Cash, Cash Equivalents & STI
151
168
86
Accounts Receivable, Net
124
129
142
Inventories
70
89
86
Total Current Liabilities
744
681
534
Payables & Accruals
- -
- -
- -
ST Debt
290
238
109
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.96%
-1.46%
2.2%
Free Cash Flow
43.58%
68.46%
14.66%
Net Income, GAAP
-230.36%
-132.25%
6.77%
Sales/Revenue/Turnover
15.28%
4.12%
-12.5%
Total Cash Common Dividend
74.81%
-14.89%
-24.37%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
428
423
428
457
1,737
2025
430
460
- -
220
1,519
2026
354
433
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.05
0.03
-0.07
0.05
2025
0.01
0.06
- -
-0.01
0.06
2026
0.04
0.04
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.01
0.06
2025
0.01
0.01
- -
0.01
0.05
2026
0.01
0.02
- -
- -
- -

Company Description

CEO
Tao Lu
Full Time Employees
897
Sector
Utilities
Industry
Gas distributors
Address
No. 55, Sichuan Road Construction Chengdu SI China 610051
IPO Date
Mar 12, 1996
Website
dtrq.com
Business
Delong Composite Energy Group Co., Ltd. (000593.SZ) engages primarily in the supply and distribution of clean energy, including urban pipeline natural gas for residents, commercial users, and industrial customers; liquefied natural gas (LNG) and compressed natural gas (CNG) production, transportation, distribution, and sales; investment, construction, and operation of distributed energy projects, vehicle refueling stations, and comprehensive energy utilization initiatives; as well as gas pipeline network development and management; engineering management services; property leasing and management; hotel operations; and energy-saving services for energy projects. Founded in 1987 and headquartered at No. 55 Jianshe Road, Chengdu, Sichuan Province, China, the company listed on the Shenzhen Stock Exchange in 1996 and operates principally in Sichuan and Jiangxi provinces. Formerly known as Sichuan Datong Gas Development Co., Ltd., it changed its name to Delong Composite Energy Group Co., Ltd. in February 2022; recent developments include Yan Yan's completion of a 4.49% stake acquisition from Tianjin Datong Investment Group Co., Ltd. for CNY 92.3 million in July 2025, a share repurchase of approximately 0.90% of its shares totaling CNY 17 million completed by February 2025, and its controlling shareholder Beijing Dingxin Ruitong Technology Development Co., Ltd. entering a non-binding share transfer intent agreement in October 2025 for a 29.64% stake sale to Dongyang Nuoxin Chip Materials Enterprise Management Partnership (Limited Partnership) valued at CNY 1.0 billion, potentially leading to a change in control.