1. China Stocks

  2. •

    Producer manufacturing

  3. •

    Industrial machinery
Vontron Technology Co., Ltd. Class A

Vontron Technology Co., Ltd. Class A

SSZSE:000920
10.99
CNY
+0.42
(+3.97%)
0.52EPS
32.71P/E
7.78BMarket Cap
Vontron Technology Co., Ltd. Class A
SZSE:000920
(Shenzhen Stock Exchange)

Recent

price

10.99

P/E

ratio

32.71

div

yld

0.55%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
3.43
4.2
5.23
5.42
4.86
2.15
2.35
2.55
2.64
2.71
2.96
3.3
3.43
3.62
3.7
4.31
4.32
Revenue per Share
0.14
0.14
0.14
0.17
0.43
0.2
0.23
0.27
0.21
0.22
0.25
0.29
0.34
0.35
0.42
0.47
0.5
Basic EPS, GAAP
0.3
0.21
-0.15
-0.26
-0.45
0.2
0.16
0.14
-0.23
-0.2
0.29
0.34
0.41
0.22
0.43
0.56
- -
Free Cash Flow per Basic Share
0.01
0.01
0.01
0.01
0.01
0.01
0.04
0.05
0.09
0.1
0.13
0.15
0.16
0.14
0.17
0.21
0.06
Dividend per Share
2.07
2.13
2.37
2.33
2.24
2.15
1.86
2.01
2.22
2.59
2.88
3.02
3.72
3.8
3.96
4.22
4.28
Book Value per Share
2.02
1.88
2.11
2.01
2
1.91
1.62
1.77
2.04
2.38
2.29
2.47
3.25
3.35
3.79
4.06
4.13
Tangible Book Value per Share
422
421
423
422
424
421
429
424
419
420
424
419
426
471
471
469
473
Basic Weighted Avg Shares
1,446
1,768
2,211
2,285
2,062
905
1,009
1,083
1,105
1,137
1,254
1,381
1,461
1,705
1,744
2,021
2,042
Sales/Revenue/Turnover
2.86
5.3
6.15
5.19
3.7
13.99
11.82
14.97
14.1
11.2
11.71
11.23
10.09
9.64
10.8
13.22
14.75
Operating Margin (%)
57
58
57
73
86
35
49
54
61
56
66
71
71
87
95
106
- -
Depreciation Expense
58
58
59
72
182
84
99
114
88
92
106
121
145
165
198
221
238
Net Income, GAAP
11.57
16.46
14.34
14.46
10.02
14.65
16.07
18.08
20.36
14.73
10.88
11.34
- -
- -
0.48
11.11
13.89
Effective Tax Rate (%)
3.99
3.28
2.68
3.14
8.85
9.3
9.77
10.57
7.97
8.12
8.45
8.79
9.92
9.66
11.34
10.91
11.65
Profit Margin (%)
226
238
329
298
302
24
-109
-62
113
575
485
414
669
701
861
1,040
1,113
Working Capital
- -
- -
- -
- -
- -
- -
117
99
383
384
466
394
84
- -
- -
- -
- -
LT Debt
968
1,026
1,192
1,246
1,091
1,076
902
969
1,060
1,260
1,399
1,397
1,881
1,923
2,052
2,180
2,210
Total Equity
3.54
8.35
8.81
7.58
6.42
9.49
9.82
11.09
7.89
6.75
6.67
6.88
- -
- -
10.21
10.9
11.31
Return on Invested Capital (%)
3.44
2.15
0.82
1.53
10.2
4.07
5.89
10.54
7.32
6.42
6.09
6.62
- -
- -
9.61
9.93
10.71
Return on Capital (%)
6.31
6.56
6.24
7.22
18.89
9.07
11.66
14.03
9.86
9.08
9.17
9.74
9.55
9.27
10.78
11.42
12.13
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
15
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
473
473
473
Market Capitalization
5,884
5,412
7,779

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,737
1,695
1,729
Cash, Cash Equivalents & STI
941
917
901
Accounts Receivable, Net
295
263
312
Inventories
188
243
237
Total Current Liabilities
696
605
617
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
15
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.02%
9.94%
6.24%
Free Cash Flow
-44.04%
23.82%
30.12%
Net Income, GAAP
10.91%
15.84%
11.57%
Sales/Revenue/Turnover
8.49%
10.15%
15.89%
Total Cash Common Dividend
90.11%
13.15%
19.65%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
335
405
414
589
1,744
2025
363
517
- -
639
2,021
2026
350
537
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.13
0.11
0.1
0.42
2025
0.09
0.17
- -
0.05
0.47
2026
0.09
0.19
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.05
- -
0.17
2025
- -
- -
- -
0.06
0.21
2026
- -
- -
- -
- -
- -
Similar Companies
Applied Materials, Inc. (NASDAQ:AMAT)
Oklo Inc. (NYSE:OKLO)
Lam Research Corporation (NASDAQ:LRCX)
Tokyo Electron Ltd. (TSE:8035)
Welspun Corp Limited (NSE:WELCORP)
Symbotic Inc. (NASDAQ:SYM)
Business
Vontron Technology Co., Ltd. (000920.SZ) is a China-based company primarily engaged in the research, development, manufacturing, and sale of separation membranes and related materials; the company operates in membrane products, plant fiber products, membrane separation engineering, and reclaimed water reuse segments, serving applications including bottled water, municipal drinking water, industrial pure water, electric high-purity water, seawater and brackish water desalination, wastewater reuse, near-zero emission processes, food and beverage production, pharmaceutical manufacturing, and material separation and purification. The company produces over 20 series and more than 200 specifications of membrane elements, such as reverse osmosis (RO) membranes including industrial RO, seawater desalination SW series, fouling-resistant FR series, oxidation-resistant HOR series, high-pressure RO, ultrapure water UE series, household water efficiency and nanofiltration elements; nanofiltration (NF) membranes encompassing VNF series for water treatment, acid-resistant Acidstab NF, alkaline Alkalistab NF, municipal TAPU series, and material separation MASE series; ultrafiltration (UF) membranes like rolled VUF series, flat sheet VMR series, and hollow fiber UF; thermal disinfection VHD series; and zero emission ZERO series RO and NF membranes, complemented by plant fiber elastic materials, healthy environmentally friendly furniture and bedding, palm comprehensive development products, whole-house customization, and full-process membrane separation solutions and engineering services. Founded in 1999 and headquartered in Guiyang National High-tech Industrial Development Zone, Guizhou Province, the company functions as a listed subsidiary of CRRC Group with CRRC Industrial Investment Co., Ltd. as its largest shareholder; it maintains R&D and production bases in China, sells products to over 130 countries and regions, and holds core technologies in membrane manufacturing, system design, and dry-type RO production as China's largest manufacturer and service provider of dry-type RO membrane elements, supported by over 160 patents, leadership in formulating three national standards for RO and NF membranes, and participation in national key R&D programs. Recent developments include winning the title of leading enterprise in China's RO membrane field in 2024, scaling annual production capacity to 30 million square meters of composite RO/NF membranes, releasing the TAPURIM municipal NF and MASE material separation series, advancing acid/alkali-resistant NF, high-pressure RO, and spiral-wound UF offerings, and participating in WETEX 2025 to showcase membrane technologies while emphasizing sustainability and global water infrastructure partnerships.