Tianshan Material Co., Ltd. Class A

Tianshan Material Co., Ltd. Class A

SSZSE:000877
3.56
CNY
+0.02
(+0.56%)
-1.05EPS
35.69BMarket Cap
Oct 24Next 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
8.97
7.44
5.73
5.68
8.04
7.56
9.24
20.55
21.24
15.35
12.39
10.85
10.48
- -
Basic EPS, GAAP
0.32
0.29
-0.6
0.11
0.3
1.18
1.56
1.65
1.57
0.53
0.23
-0.09
-1.03
-1.03
Free Cash Flow per Basic Share
-1.34
0.25
0.09
0.61
1.27
1.6
2.39
2.96
1.05
-0.03
0.74
0.42
0.99
- -
Dividend per Share
0.73
0.8
0.72
0.54
0.48
0.33
0.56
1.47
1.63
1.78
0.64
0.51
0.38
0.27
Book Value per Share
7.54
7.77
7.31
6.66
7.01
8.02
9.2
72.93
9.12
9.44
9.71
11.62
10.59
10.39
Tangible Book Value per Share
6.77
7.02
6.57
5.87
6.38
7.41
8.76
21.56
4.27
4.69
4.96
5.75
5.09
0.34
Basic Weighted Avg Shares
882
880
880
880
880
1,049
1,049
7,890
8,005
8,637
8,665
8,024
7,110
7,111
Sales/Revenue/Turnover
7,911
6,544
5,047
5,001
7,080
7,932
9,688
162,149
170,030
132,581
107,380
87,025
74,496
- -
Operating Margin (%)
7.65
6.43
-3.44
6.81
17.59
25.86
26.74
20.74
16.68
6.83
5.08
3.55
3.67
- -
Depreciation Expense
853
935
998
986
963
893
831
9,051
9,328
10,021
10,040
10,047
10,357
- -
Net Income, GAAP
282
252
-525
100
265
1,241
1,636
12,988
12,548
4,542
1,965
-717
-7,291
-7,290
Effective Tax Rate (%)
14.74
19.1
- -
65.65
24
25.54
21.42
28.41
28.17
20.86
34.9
- -
- -
- -
Profit Margin (%)
3.57
3.86
-10.4
2
3.74
15.65
16.88
8.01
7.38
3.43
1.83
-0.82
-9.79
- -
Working Capital
-3,980
-4,752
-6,425
-5,100
-3,477
-2,526
-365
-56,659
-66,877
-66,240
-50,783
-52,592
-57,575
-51,018
LT Debt
4,701
3,596
1,693
2,198
1,387
511
1,354
35,368
45,654
50,065
69,136
69,326
65,348
72,540
Total Equity
7,877
8,085
7,434
6,780
8,267
9,190
10,138
93,577
91,434
97,302
100,542
99,371
91,526
90,006
Return on Invested Capital (%)
0.6
-0.9
- -
-0.04
2.03
8.52
14.16
17.84
8.39
2.89
0.86
- -
- -
- -
Return on Capital (%)
3.62
4.32
- -
2.21
3.87
10.26
12.19
10.48
7.94
4.26
2.26
- -
- -
- -
Return on Common Equity (%)
4.31
3.75
-7.91
1.62
4.01
15.75
18.12
30.16
16.44
5.75
2.37
-0.86
-9.23
-9.39

Capital Structure

CNY

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
49,350
51,250
LT Borrowings
- -
63,929
70,938
LT Finance Leases
- -
1,420
1,603
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,110
7,110
7,110
Market Capitalization
42,805
37,828
35,695

Working Capital

CNY

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
60,974
52,635
59,502
Cash, Cash Equivalents & STI
- -
9,806
15,543
Accounts Receivable, Net
- -
26,498
26,963
Inventories
- -
5,860
7,922
Total Current Liabilities
- -
110,210
110,521
Payables & Accruals
- -
- -
- -
ST Debt
- -
49,350
51,250
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
85.6%
-0.32%
-7.89%
Free Cash Flow
-94%
-509.9%
110.03%
Net Income, GAAP
179.68%
131.2%
916.41%
Sales/Revenue/Turnover
157.9%
-13.91%
-14.4%
Total Cash Common Dividend
180.55%
-18.62%
-32.99%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16,359
23,348
21,760
25,536
87,025
2025
14,947
21,033
- -
19,558
74,496
2026
12,334
- -
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.22
-0.17
-0.05
0.43
-0.09
2025
-0.21
0.08
-0.02
-0.88
-1.03
2026
-0.21
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.19
0.17
0.06
0.51
2025
0.12
0.08
- -
0.07
0.38
2026
0.11
- -
- -
- -
- -

Company Description

CEO
Gao Peng Man
Full Time Employees
51,423
Sector
Non-energy minerals
Industry
Construction materials
Address
China Building Materials Building Urumqi XI China 200126
IPO Date
Jan 7, 1999
Business
Tianshan Material Co., Ltd. (000877.SZ) manufactures and sells cement, clinker, commercial concrete, aggregates, and related building materials primarily in China and internationally. The company produces a wide range of cement products including Portland cement, ordinary Portland cement, sulphoaluminate cement, oil well cement, hydraulic cement, high-temperature heavy oil cement, sulfate-resistant cement, road silicate cement, ultra-fine silicate Portland cement, Portland cement for nuclear power engineering, marine engineering cement, medium and low heat silicate cement, and other special cements for applications in industry, agriculture, water conservancy, transportation, civil, and municipal construction projects; it also offers pre-stressed and self-stressed reinforced concrete components, conventional commercial concrete, high-strength concrete for ordinary buildings, high-rise buildings, highways, tunnels, and other engineering projects; and provides solid waste and wastewater treatment services. Tianshan Material operates through segments focused on cement production, ready-mixed concrete, and aggregates, serving infrastructure, real estate, and industrial customers across multiple regions in China with international sales. Founded in 1998 and headquartered in Shanghai, China, the company functions as a subsidiary of China National Building Material Company Limited and maintains a complete industry chain as one of the world's largest cement producers by scale. In recent developments, Tianshan Material, formerly known as Xinjiang Tianshan Cement Co., Ltd., changed its name in April 2024 to reflect a broader materials focus; it hosted Beifang Cement in September 2021 and Qilianshan Cement in November 2023 through strategic restructurings, significantly expanding its production capacity and market position.