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Tianjin Tianbao Infrastructure Co. Ltd. Class A

Tianjin Tianbao Infrastructure Co. Ltd. Class A

SSZSE:000965
3.04
CNY
-0.01
(-0.33%)
3.24BMarket Cap
Tianjin Tianbao Infrastructure Co. Ltd. Class A
SZSE:000965
(Shenzhen Stock Exchange)

Recent

price

3.04

P/E

ratio

- -

div

yld

3.65%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.57
1.6
1.45
1.14
1.62
1.21
1.5
1.66
2.14
1.1
0.74
2.29
2.22
2.77
2.28
2.53
- -
Revenue per Share
0.28
0.33
0.21
0.22
0.27
0.17
0.26
0.37
0.09
0.17
-0.35
0.04
0.02
0.02
0.02
0.02
- -
Basic EPS, GAAP
0.44
-0.25
0.04
0.3
0.35
0.56
1.25
-1.17
-1.85
-0.31
-1.01
0.9
0.76
-1.13
0.64
-1.27
- -
Free Cash Flow per Basic Share
0.02
0.02
0.02
0.03
0.02
0.03
0.05
0.08
0.1
0.15
0.14
0.21
0.2
0.21
0.2
0.15
0.11
Dividend per Share
2.73
3.06
3.22
3.42
3.83
3.97
4.22
4.61
4.69
4.78
5.59
4.89
4.91
4.91
4.9
4.91
4.95
Book Value per Share
2.67
2.99
3.16
3.36
3.79
3.93
4.19
4.58
4.68
4.77
5.58
4.88
4.9
4.89
4.89
4.9
4.94
Tangible Book Value per Share
768
770
760
767
972
1,082
1,102
1,110
1,068
1,110
1,110
1,110
1,110
1,107
1,108
1,110
1,110
Basic Weighted Avg Shares
1,208
1,232
1,106
872
1,580
1,306
1,655
1,846
2,290
1,216
819
2,540
2,465
3,063
2,531
2,804
- -
Sales/Revenue/Turnover
18.66
22.74
18.08
20.75
19.92
16.19
22.9
32.93
28.85
23.87
43.39
25.07
19.55
13.25
15.87
11.19
- -
Operating Margin (%)
16
19
21
20
26
27
29
28
29
32
33
35
37
41
47
40
- -
Depreciation Expense
214
252
159
167
265
187
291
411
96
190
-390
50
23
20
17
19
- -
Net Income, GAAP
18.7
23.87
28.29
24.98
25.59
23.64
28.53
27.35
61.75
30.26
- -
73.77
54.11
33.5
90.7
51.68
- -
Effective Tax Rate (%)
17.73
20.45
14.37
19.18
16.79
14.31
17.56
22.26
4.2
15.6
-47.63
1.95
0.95
0.65
0.67
0.69
- -
Profit Margin (%)
1,774
1,949
1,810
1,844
3,329
4,263
5,204
5,632
4,852
4,761
5,092
4,226
4,136
5,483
6,364
7,583
8,048
Working Capital
295
258
- -
200
- -
797
1,595
2,047
1,207
1,115
608
775
1,222
1,454
1,982
3,117
3,320
LT Debt
2,112
2,339
2,452
2,605
4,252
4,408
4,684
5,122
5,218
5,317
6,215
5,435
5,458
6,577
6,570
6,611
6,659
Total Equity
8.51
8.5
5.85
5.32
7.42
3.96
4.89
6.02
1.35
2.66
- -
0.55
0.26
0.3
0.07
0.65
- -
Return on Invested Capital (%)
9.85
10.47
6.78
6.43
7.54
4.22
5.58
6.98
1.81
3.28
- -
1.12
1.35
1.18
0.41
0.22
- -
Return on Capital (%)
10.85
11.43
6.65
6.61
7.73
4.32
6.39
8.38
1.86
3.61
-6.78
0.85
0.43
0.37
0.31
0.35
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,052
892
1,027
LT Borrowings
3,117
3,561
3,320
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,110
1,110
1,110
Market Capitalization
4,351
4,206
3,241

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
12,633
11,647
12,247
Cash, Cash Equivalents & STI
826
751
986
Accounts Receivable, Net
178
178
177
Inventories
11,019
10,182
10,118
Total Current Liabilities
5,050
3,572
4,199
Payables & Accruals
- -
- -
- -
ST Debt
1,052
892
1,027
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.52%
1.78%
0.63%
Free Cash Flow
-78.09%
-181.62%
-297.85%
Net Income, GAAP
-36.94%
-36.31%
14.04%
Sales/Revenue/Turnover
20.75%
44.95%
10.79%
Total Cash Common Dividend
22.83%
5.26%
-24.91%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
259
271
1,038
963
2,531
2025
169
317
- -
484
2,804
2026
1,488
301
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
-0.01
- -
0.01
0.02
2025
0.09
0.02
- -
-0.04
0.02
2026
0.06
-0.01
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.07
0.03
0.07
0.2
2025
0.03
0.04
- -
0.04
0.15
2026
0.03
0.04
- -
- -
- -
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Business
Tianjin Tianbao Infrastructure Co., Ltd. (000965.SZ) is a China-based company principally engaged in real estate development, property leasing, property management, infrastructure construction, industrial park development, equity investment, real estate sales, real estate agency services, and engineering project management services. The company develops residential and commercial properties primarily in Tianjin Binhai New Area and Tianjin Free Trade Zone (Airport Economic Zone), including projects such as Midea Lanting Residence; it also leases owned housing properties, holds investment properties for rental returns, and promotes high-quality project construction. Incorporated in 1998 and headquartered at Building 1, Huijin Plaza, No. 35 West Fifth Avenue, Tianjin Pilot Free Trade Zone (Airport Economic Zone), Tianjin, China, it operates mainly in the domestic market as a subsidiary of Tianjin Tianbao Holdings Co., Ltd. with approximately 107 employees. In recent developments, the company acquired two land plots for RMB1.56 billion to support ongoing real estate expansion, approved a final cash dividend on A shares for 2024 payable in June 2025, and reported 2024 sales of CNY2.06 billion amid financial challenges.