Qinghai Salt Lake Industry Co., Ltd. Class A

Qinghai Salt Lake Industry Co., Ltd. Class A

SSZSE:000792
22.25
CNY
+0.58
(+2.68%)
159.75BMarket Cap
Oct 30Next 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
1.74
2.25
2.34
1.91
2.15
6.44
6.41
3.36
2.81
5.79
4.06
2.86
2.93
- -
Basic EPS, GAAP
0.23
0.28
0.12
0.06
-0.77
-1.24
-16.46
0.49
0.85
2.93
1.49
0.88
1.6
- -
Free Cash Flow per Basic Share
-2.03
-1.32
-0.94
-0.24
-0.17
2.29
0.83
-0.24
0.75
3.16
2.1
1.25
1.61
- -
Dividend per Share
0.42
0.47
0.55
0.43
0.42
0.79
0.39
0.09
0.06
0.05
0.05
0.11
- -
0.11
Book Value per Share
3.53
3.8
4.22
4.51
3.72
2.8
-5.62
0.76
1.72
4.63
5.87
6.73
8.5
9.02
Tangible Book Value per Share
3.36
3.64
4.08
4.36
3.54
2.61
-5.65
0.73
1.7
4.6
5.84
6.69
8.46
8.98
Basic Weighted Avg Shares
4,652
4,652
4,653
5,432
5,433
2,780
2,786
4,174
5,266
5,310
5,318
5,292
5,292
5,292
Sales/Revenue/Turnover
8,095
10,474
10,882
10,364
11,699
17,890
17,849
14,016
14,778
30,739
21,579
15,134
15,501
- -
Operating Margin (%)
24.92
24.02
21.73
18.83
12.75
9.54
11.38
28.44
45.77
69.54
45.88
35.53
44.78
- -
Depreciation Expense
733
882
1,287
1,221
2,012
3,179
2,966
611
727
705
775
827
1,017
- -
Net Income, GAAP
1,052
1,302
559
341
-4,159
-3,447
-45,860
2,040
4,478
15,568
7,914
4,663
8,476
- -
Effective Tax Rate (%)
25.5
22.6
28.61
57.17
- -
- -
- -
30.17
2.2
7.85
12.03
14.65
- -
- -
Profit Margin (%)
13
12.43
5.14
3.29
-35.55
-19.27
-256.93
14.55
30.3
50.65
36.67
30.81
54.68
- -
Working Capital
-1,859
-5,562
-3,315
-6,739
-11,570
-20,933
-20,020
2,028
6,524
20,641
20,980
23,974
31,131
35,279
LT Debt
25,218
30,499
34,166
32,387
30,240
22,496
16,712
8,281
6,527
4,016
224
291
648
313
Total Equity
18,005
19,280
24,482
26,372
22,236
17,253
-29,069
5,266
11,650
28,517
34,691
39,594
47,887
52,905
Return on Invested Capital (%)
1.49
1.67
0.26
0.15
- -
- -
- -
22.44
35.69
72.56
24.36
12.69
- -
- -
Return on Capital (%)
3.68
3.55
2.1
1.4
- -
- -
- -
22.43
23.64
42.24
17.78
11.38
- -
- -
Return on Common Equity (%)
6.51
7.64
2.75
1.44
-18.58
-19.46
- -
- -
66.57
90.23
27.73
13.62
20.79
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
633
683
1,165
LT Borrowings
552
566
216
LT Finance Leases
96
95
97
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,292
5,292
5,292
Market Capitalization
149,011
195,788
159,753

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
36,493
37,460
41,743
Cash, Cash Equivalents & STI
23,279
27,847
32,277
Accounts Receivable, Net
184
150
159
Inventories
1,208
1,260
1,443
Total Current Liabilities
5,362
6,703
6,463
Payables & Accruals
- -
- -
- -
ST Debt
633
683
1,165
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-9.42%
64.55%
20.94%
Free Cash Flow
-131.35%
-44.36%
29.13%
Net Income, GAAP
11%
71.75%
81.76%
Sales/Revenue/Turnover
9.55%
11.24%
2.43%
Total Cash Common Dividend
-13.1%
0.42%
-97.9%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,724
4,513
3,212
4,686
15,134
2025
3,300
3,662
- -
4,391
15,501
2026
6,432
6,620
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.25
0.17
0.29
0.88
2025
0.22
0.26
- -
0.75
1.6
2026
0.57
0.59
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
- -
- -
0.03
0.11
2025
0.49
- -
- -
-0.1
- -
2026
0.23
-0.02
- -
- -
- -

Company Description

CEO
Zhi Gang Lei
Full Time Employees
5,864
Sector
Process industries
Industry
Chemicals: agricultural
Address
28, Huanghe Road Golmud QI China 816000
IPO Date
Sep 4, 1997
Website
qhyhgf.com
Business
Qinghai Salt Lake Industry Co., Ltd. (000792.SZ) is a China-based company primarily engaged in the extraction, processing, and sale of potash fertilizers, industrial salts, and related chemicals from the vast resources of Qinghai Province's Chaerhan Salt Lake. The company produces core products including potassium chloride (potash muriate), sodium chloride, industrial potassium hydroxide, magnesium chloride, and lithium carbonate derivatives; it also offers services in brine mining, chemical processing, and downstream applications for agriculture and industry. Founded in 1997 and headquartered in Golmud, Qinghai Province, China, the company operates predominantly within China, with production facilities concentrated around the salt lake region, serving domestic agricultural markets and industrial customers.