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Pangang Group Vanadium & Titanium Resources Co., Ltd. Class A

Pangang Group Vanadium & Titanium Resources Co., Ltd. Class A

SSZSE:000629
2.71
CNY
+0.05
(+1.88%)
31.03BMarket Cap
Oct 29Next Earn
Pangang Group Vanadium & Titanium Resources Co., Ltd. Class A
SZSE:000629
(Shenzhen Stock Exchange)

Recent

price

2.71

P/E

ratio

- -

div

yld

0.02%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
5.25
6.23
1.82
1.82
1.95
1.33
1.24
1.1
1.77
1.53
1.23
1.64
1.76
1.61
1.42
0.96
- -
Revenue per Share
0.19
- -
0.07
0.06
-0.44
-0.26
-0.7
0.1
0.36
0.17
0.04
0.15
0.16
0.12
0.03
-0.01
- -
Basic EPS, GAAP
0.31
0.22
-0.12
-0.13
-0.23
-0.25
-0.1
-0.06
0.19
0.38
0.08
0.2
0.21
-0.02
0.02
0.02
- -
Free Cash Flow per Basic Share
0.12
0.22
0.25
0.07
0.13
0.2
0.21
0.01
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
2.8
1.69
1.76
1.72
1.23
0.98
0.4
0.5
0.92
1.09
1.27
0.88
1.02
1.3
1.34
1.32
1.35
Book Value per Share
2.19
1.23
1.11
1.07
0.36
0.12
0.37
0.46
0.88
1.05
1.22
0.82
0.98
1.26
1.29
1.27
1.3
Tangible Book Value per Share
8,591
8,430
8,587
8,593
8,590
8,589
8,590
8,590
8,589
8,590
8,599
8,588
8,590
8,933
9,290
9,239
9,274
Basic Weighted Avg Shares
45,093
52,559
15,603
15,602
16,779
11,417
10,610
9,436
15,161
13,159
10,539
14,060
15,088
14,380
13,209
8,890
- -
Sales/Revenue/Turnover
5.62
4.06
11.71
10.27
7.31
-6.05
-13.41
10.87
21.24
11.97
4.99
12
9.81
7.81
1.96
1.88
- -
Operating Margin (%)
3,284
3,567
844
919
973
1,017
1,155
232
242
253
318
319
321
340
383
405
- -
Depreciation Expense
1,643
2
593
549
-3,775
-2,207
-5,988
863
3,090
1,419
381
1,328
1,344
1,058
285
-93
- -
Net Income, GAAP
9.72
97.47
34.78
37.47
- -
- -
- -
6.9
- -
3.89
30.15
13.78
6.47
9.3
13.12
- -
- -
Effective Tax Rate (%)
3.64
- -
3.8
3.52
-22.5
-19.33
-56.44
9.15
20.38
10.78
3.61
9.44
8.91
7.35
2.16
-1.05
- -
Profit Margin (%)
-15,545
-5,098
-8,883
-8,945
-14,908
-17,517
-1,508
-939
2,086
3,550
3,713
591
1,818
4,351
4,452
4,397
4,163
Working Capital
9,898
2,849
2,215
4,420
15,221
19,477
510
222
112
387
15
13
59
94
11
152
183
LT Debt
24,589
14,860
15,391
15,108
12,168
9,754
3,607
4,539
8,189
9,638
11,195
7,944
9,171
12,537
12,862
12,610
12,901
Total Equity
3.17
0.02
2.34
2.14
- -
- -
- -
15.63
- -
13.57
3.57
15.33
15.8
9.96
2.39
- -
- -
Return on Invested Capital (%)
5.89
0.09
3.5
3.41
- -
- -
- -
16.07
- -
13.59
3.38
12.63
15.41
9.55
2.24
- -
- -
Return on Capital (%)
8.45
0.01
4
3.68
-29.74
-23.2
-101.06
22.33
50.66
16.47
3.77
14.43
16.47
10.11
2.32
-0.75
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
145
155
156
LT Borrowings
143
143
132
LT Finance Leases
10
51
51
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9,291
9,291
9,291
Market Capitalization
28,802
30,939
31,032

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,805
5,758
5,609
Cash, Cash Equivalents & STI
1,229
1,721
1,265
Accounts Receivable, Net
133
159
214
Inventories
787
767
889
Total Current Liabilities
1,408
1,464
1,446
Payables & Accruals
- -
- -
- -
ST Debt
145
155
156
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.08%
4.75%
-1.96%
Free Cash Flow
-56.16%
-16.51%
34.77%
Net Income, GAAP
21.03%
4.55%
-132.72%
Sales/Revenue/Turnover
0.46%
-0.96%
-32.69%
Total Cash Common Dividend
-24.77%
-14.45%
0.91%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,586
3,571
3,316
2,735
13,209
2025
2,122
2,132
- -
2,358
8,890
2026
2,476
2,520
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
- -
0.01
0.03
2025
-0.01
-0.01
- -
0.01
-0.01
2026
0.01
0.02
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Pangang Group Vanadium & Titanium Resources Co., Ltd. (000629.SZ) manufactures and sells vanadium and titanium products with a focus on technology research, development, production, sales, and application development; primary offerings include vanadium pentoxide, vanadium trioxide, ferrovanadium, high-vanadium ferroalloy, vanadium-nitrogen alloy, vanadium-aluminum alloy, and vanadium electrolytes for the steel, electronics, nonferrous metals, energy storage, glass, ceramics, and defense sectors, alongside titanium dioxide (including chlorinated variants), titanium slag, and high-titanium slag for aerospace, chemicals, pigments, coatings, and high-end equipment applications; the company also engages in electricity generation and related technical services. Founded in 1993 and headquartered in Panzhihua, Sichuan Province—known as China's vanadium-titanium capital and part of Ansteel Group—the firm operates primarily in China with products exported internationally to dozens of countries in Europe, America, and Southeast Asia, positioning it as the world's largest vanadium producer, China's leading titanium raw material base, and a key titanium dioxide supplier with annual capacities exceeding 22,000 tons of vanadium products (V2O5 equivalent), 190,000 tons of titanium dioxide, and 200,000 tons of high-titanium slag. Recent developments encompass a strengthened strategic partnership with Dalian Rongke Energy Storage Group via the 2025 Annual Framework Agreement for 20,000 tons of vanadium pentoxide equivalent supply (excluding joint venture needs), building on prior collaborations including a 2,000 cubic meters/year vanadium electrolyte production line and cumulative supplies over 20,000 tons to expand non-steel applications like vanadium redox flow batteries; ongoing share repurchases through 2025, including over 36 million shares by September; and positive progress on the 60,000-ton/year molten salt chlorination titanium dioxide production line using proprietary low-grade titanium slag technology to enhance resource utilization in the Panxi region.