Sinotruk Jinan Truck Co., Ltd. Class A

Sinotruk Jinan Truck Co., Ltd. Class A

SSZSE:000951
20.55
CNY
+0.63
(+3.16%)
2.49EPS
11.71P/E
22.81BMarket Cap
Oct 28Next Earn
Sinotruk Jinan Truck Co., Ltd. Class A
SZSE:000951
(Shenzhen Stock Exchange)

Recent

price

20.55

P/E

ratio

11.71

div

yld

1.55%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
30.69
27.61
20.47
22.9
25.44
20.86
22.37
39.79
43.02
42.34
59.63
48.65
24.28
35.83
38.56
49.22
58.99
Revenue per Share
0.71
0.38
0.05
0.41
0.46
0.3
0.44
0.96
0.96
1.3
1.87
0.9
0.18
0.92
1.27
1.42
1.67
Basic EPS, GAAP
-0.19
-0.1
1.05
0.07
-0.01
0.19
-0.39
0.76
1.86
2.6
3.28
1.39
5.54
1.38
4.22
0.25
- -
Free Cash Flow per Basic Share
0.99
0.53
0.41
0.21
0.34
0.35
0.32
0.46
0.71
0.54
0.5
0.56
0.34
0.09
0.76
0.72
0.32
Dividend per Share
3.71
3.98
3.96
4.35
4.69
4.85
5.21
5.99
6.46
7.44
8.93
11.84
11.69
12.53
13.04
13.76
14.16
Book Value per Share
3.22
3.51
3.51
3.92
4.27
4.44
4.8
5.6
6.08
7.06
7.97
11.1
10.97
11.83
12.36
13.09
13.49
Tangible Book Value per Share
942
944
946
937
938
928
944
938
939
941
1,005
1,153
1,187
1,174
1,165
1,173
1,168
Basic Weighted Avg Shares
28,904
26,059
19,370
21,454
23,866
19,364
21,119
37,310
40,378
39,843
59,938
56,099
28,822
42,070
44,929
57,737
68,911
Sales/Revenue/Turnover
4.93
3.94
1.55
3.88
4.06
3.6
4.4
5.24
4.77
5.98
5.67
3.66
2.34
4.37
4.97
4.6
5.01
Operating Margin (%)
310
274
286
302
275
249
235
232
222
236
213
234
322
416
457
463
- -
Depreciation Expense
673
362
46
381
431
279
418
898
905
1,223
1,880
1,038
214
1,080
1,480
1,666
1,947
Net Income, GAAP
17.82
20.02
32.99
24.27
27.31
20.71
24.45
24.98
22.9
22.99
24.06
20.05
10.38
21.02
19.91
13.89
14.45
Effective Tax Rate (%)
2.33
1.39
0.24
1.77
1.81
1.44
1.98
2.41
2.24
3.07
3.14
1.85
0.74
2.57
3.29
2.89
2.82
Profit Margin (%)
1,573
3,454
3,254
3,059
3,571
3,877
3,490
4,394
4,900
5,878
5,357
9,699
8,159
9,385
5,991
5,471
7,042
Working Capital
- -
1,700
1,600
700
800
700
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
3,998
4,280
4,217
4,709
4,916
5,138
5,445
6,390
6,868
7,865
9,447
14,975
14,591
15,724
16,431
17,388
17,853
Total Equity
8.77
5.32
0.2
4.89
5.97
3.46
5.22
9.72
9.25
13.3
20.13
12.17
3.39
9.13
11.13
13.53
16.04
Return on Invested Capital (%)
7.12
4.48
1.82
4.83
5.06
4.01
4.43
6.97
6.13
8.34
12.07
3.4
-0.29
4.8
6.81
5.55
5.68
Return on Capital (%)
21.21
10.02
1.25
9.75
10.16
6.21
8.85
17.06
15.47
18.73
24.45
9.31
1.55
7.59
9.85
10.58
12.1
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,175
1,175
1,169
Market Capitalization
19,855
26,141
22,807

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
37,905
43,925
45,357
Cash, Cash Equivalents & STI
8,785
8,727
11,622
Accounts Receivable, Net
14,230
20,204
21,463
Inventories
6,204
7,493
5,203
Total Current Liabilities
32,434
37,702
38,315
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.95%
14.8%
5.82%
Free Cash Flow
-9.21%
58.76%
-93.94%
Net Income, GAAP
58.53%
66.17%
12.58%
Sales/Revenue/Turnover
16.93%
5.25%
28.51%
Total Cash Common Dividend
71.97%
130.81%
-4.42%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11,427
12,974
9,186
11,342
44,929
2025
12,908
13,253
- -
17,247
57,737
2026
19,660
18,751
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.23
0.29
0.27
0.47
1.27
2025
0.26
0.31
- -
0.53
1.42
2026
0.39
0.44
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.24
0.3
0.76
2025
- -
- -
- -
0.32
0.72
2026
- -
- -
- -
- -
- -
Business
Sinotruk Jinan Truck Co., Ltd. (000951.SZ) manufactures and sells heavy-duty trucks, heavy-duty special vehicle chassis, axles, engines, transmissions, assemblies and other automotive components and parts in China and for export; its core brands include Yellow River, SITRAK, HOWO, STEYR and others covering tractors, dump trucks, cargo trucks, mixer trucks, crane trucks, mining trucks, garbage trucks, buses and special-purpose vehicles. The company, founded in 1930 and headquartered in Jinan, Shandong Province, China, operates as a subsidiary of Sinotruk (Hong Kong) Limited under ultimate parent Shandong Heavy Industries Group Co., Ltd., with products serving domestic segments such as long-haul transport, construction, logistics, hazardous goods, express delivery and municipal services, as well as international markets in over 110 countries including Africa, the Middle East, Southeast Asia, Australia and Saudi Arabia. In 2024, the company achieved strong growth with heavy-duty truck sales projected at 105,000 units capturing 20.2% domestic market share, light truck sales at 95,000 units with 18.5% share, new energy heavy-duty truck sales surging 280% year-on-year to 8,600 units, overseas heavy-duty truck exports rising 4% to 135,000 units, total revenue exceeding RMB 194 billion up over 10%, R&D investment increasing 8% to RMB 3.1 billion, and launch of a new generation heavy-duty truck compatible with fuel, gas, hybrid, pure electric, methanol and hydrogen power sources.