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    Producer manufacturing

  3. •

    Electrical products
Shijiazhuang Shangtai Technology Co., Ltd. Class A

Shijiazhuang Shangtai Technology Co., Ltd. Class A

SSZSE:001301
45.71
CNY
+4.16
(+10.01%)
24.38BMarket Cap
Apr 29Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.72
1.5
2.55
8.57
17.54
12.06
14.35
21.77
- -
Basic EPS, GAAP
0.42
0.24
0.57
1.99
4.73
1.99
2.3
2.59
- -
Free Cash Flow per Basic Share
- -
-0.48
-1.16
-1.71
-6.32
-1.89
-3.16
-0.22
- -
Dividend per Share
- -
0.04
- -
0.03
0.22
0.78
0.66
0.78
0.57
Book Value per Share
2.19
3.09
4.95
6.76
14.29
15.52
17.15
19.2
19.74
Tangible Book Value per Share
2.01
2.92
4.66
6.18
13.7
14.94
16.39
17.69
17.43
Basic Weighted Avg Shares
273
364
267
273
273
364
364
365
363
Sales/Revenue/Turnover
469
547
682
2,336
4,782
4,391
5,229
7,943
- -
Operating Margin (%)
29.23
21.2
27.8
32.37
37.58
22.75
22.07
16.91
- -
Depreciation Expense
- -
22
40
67
125
252
272
357
- -
Net Income, GAAP
115
88
153
543
1,289
723
838
946
- -
Effective Tax Rate (%)
14.95
20.69
16.96
18.11
19.24
17.39
18.7
16.03
- -
Profit Margin (%)
24.62
16.17
22.37
23.26
26.97
16.46
16.03
11.91
- -
Working Capital
329
428
699
857
2,859
3,545
3,997
4,916
7,303
LT Debt
- -
- -
- -
- -
4
446
1,177
1,945
5,022
Total Equity
597
844
1,349
1,844
5,197
5,664
6,265
7,012
7,206
Return on Invested Capital (%)
- -
12.14
13.71
29.63
27.34
10.27
11.09
10.15
- -
Return on Capital (%)
- -
12.42
13.86
31.25
29.14
10.86
11.61
10.75
- -
Return on Common Equity (%)
- -
12.28
13.92
34.05
36.63
13.31
14.05
14.25
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,785
2,203
3,517
LT Borrowings
1,899
3,824
4,943
LT Finance Leases
46
79
79
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
365
365
365
Market Capitalization
22,379
19,372
24,383

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,413
9,715
11,914
Cash, Cash Equivalents & STI
720
2,219
3,583
Accounts Receivable, Net
2,190
3,284
3,502
Inventories
1,771
2,108
2,148
Total Current Liabilities
2,497
2,949
4,611
Payables & Accruals
- -
- -
- -
ST Debt
1,785
2,203
3,517
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
50.02%
11.92%
Free Cash Flow
- -
46.94%
-93.14%
Net Income, GAAP
- -
75.67%
12.82%
Sales/Revenue/Turnover
- -
82.02%
51.9%
Total Cash Common Dividend
- -
1,609.05%
18.08%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
861
1,232
1,526
1,609
5,229
2025
1,628
1,760
- -
2,437
7,943
2026
2,195
2,315
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.41
0.57
0.61
0.72
2.3
2025
0.66
0.66
- -
0.65
2.59
2026
0.5
0.6
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.57
0.05
0.03
0.66
2025
0.04
0.63
- -
0.06
0.78
2026
0.08
0.43
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yong Yue Ou Yang
Full Time Employees
4,706
Sector
Producer manufacturing
Industry
Electrical products
Address
Shangtai Technology Beisu Headquarters Shijiazhuang HE China 052463
IPO Date
Dec 28, 2022
Website
shangtaitech.com
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Business
Shijiazhuang Shangtai Technology Co., Ltd. (001301.SZ) researches, develops, produces, processes and sells lithium-ion battery anode materials and carbon products; its core offerings include artificial graphite anode materials for power batteries, energy storage batteries and consumer batteries, silicon-carbon anode materials, graphitized and semi-graphitized petroleum coke carburant, graphitized crucible fragments, diamond carbon sources and related entrusted processing services. Founded in September 2008 and headquartered in Wuji County, Shijiazhuang, Hebei Province, China, the company operates integrated production bases primarily in Shanxi and Hebei provinces with a 2024 capacity exceeding 240,000 tons annually, targeting expansion to 500,000 tons by 2025; it maintains certifications including IATF16949, ISO9001 and various environmental standards. Recent developments encompass the 2022 listing on the Shenzhen Stock Exchange main board, ongoing production expansions such as the 2024 commencement of a 100,000-ton lithium-ion battery anode material integration project in Wuji County (construction period 2024-2026, expected to add RMB 3 billion in annual revenue), and a November 2025 board approval for its subsidiary to invest approximately RMB 4.07 billion in a new 200,000-ton annual capacity project within Shanxi Transformation Comprehensive Reform Demonstration Zone; the company continues to receive supplier excellence awards from major clients including CATL in 2023 and 2024.