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    Producer manufacturing

  3. •

    Metal fabrication
Hengdian Group DMEGC Magnetics Co., Ltd Class A

Hengdian Group DMEGC Magnetics Co., Ltd Class A

SSZSE:002056
17.40
CNY
+0.42
(+2.47%)
1.21EPS
25.57P/E
49.58BMarket 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
1.99
2.24
2.39
2.88
3.83
3.96
3.99
4.98
7.76
12
12.24
11.48
14.15
15.04
Basic EPS, GAAP
0.17
0.23
0.2
0.27
0.37
0.42
0.42
0.62
0.69
1.03
1.13
1.13
1.16
1.19
Free Cash Flow per Basic Share
0.23
0.29
0.39
0.19
0.25
0.2
0.12
0.32
0.17
0.87
1.35
1.48
1.15
- -
Dividend per Share
0.02
0.05
0.09
0.07
0.06
0.11
0.15
0.16
0.23
0.26
0.39
0.4
0.84
1.05
Book Value per Share
1.79
2
2.15
2.41
2.82
2.88
3.24
3.66
4.14
4.76
5.54
6.2
6.53
6.52
Tangible Book Value per Share
1.65
1.85
2
2.23
2.64
2.7
3.04
3.47
3.93
4.49
5.23
5.85
6.21
6.21
Basic Weighted Avg Shares
1,643
1,640
1,657
1,634
1,644
1,640
1,645
1,627
1,624
1,621
1,613
1,617
1,596
1,601
Sales/Revenue/Turnover
3,269
3,669
3,958
4,710
6,297
6,489
6,564
8,106
12,607
19,451
19,733
18,559
22,586
24,080
Operating Margin (%)
10.78
10.71
8.52
8.71
10.89
11.93
11.89
13.4
9.31
9.25
12.44
11.77
11.62
11.4
Depreciation Expense
250
251
246
257
303
335
356
393
409
464
563
675
805
- -
Net Income, GAAP
279
381
323
441
608
689
691
1,014
1,120
1,669
1,818
1,827
1,851
1,909
Effective Tax Rate (%)
14.86
12.31
14
12.8
11.76
12.05
9.54
9.36
8.73
- -
12.03
13.92
17.63
15.9
Profit Margin (%)
8.55
10.39
8.16
9.37
9.66
10.62
10.53
12.5
8.89
8.58
9.22
9.84
8.2
7.93
Working Capital
1,150
1,739
2,161
1,689
2,101
2,231
2,418
2,951
2,387
2,227
3,105
3,375
4,647
4,477
LT Debt
496
505
499
- -
- -
- -
23
25
23
4
203
259
882
869
Total Equity
2,965
3,298
3,542
3,972
4,649
4,739
5,342
6,040
6,769
7,771
9,198
10,270
11,058
10,949
Return on Invested Capital (%)
7.69
9.94
7.33
9.41
12.88
13.94
13.21
16.44
15.83
- -
17.58
15.75
16.54
14.38
Return on Capital (%)
9.16
11.35
9.03
11.11
12.81
14.25
13.44
16.53
16.23
- -
17.75
16.21
13.07
14.65
Return on Common Equity (%)
9.95
12.22
9.46
11.76
14.13
14.7
13.75
17.89
17.59
23.06
21.69
19.13
17.88
18.07

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,675
2,344
2,843
LT Borrowings
1
- -
- -
LT Finance Leases
880
883
869
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,627
1,627
1,627
Market Capitalization
31,721
30,257
49,582

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
19,558
20,887
20,432
Cash, Cash Equivalents & STI
9,317
9,711
8,998
Accounts Receivable, Net
3,508
3,933
4,234
Inventories
5,873
6,304
6,417
Total Current Liabilities
14,911
16,015
15,955
Payables & Accruals
- -
- -
- -
ST Debt
1,675
2,344
2,843
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.15%
12.91%
7.68%
Free Cash Flow
49.76%
82.04%
-23.55%
Net Income, GAAP
20.49%
14.05%
1.34%
Sales/Revenue/Turnover
20.74%
25.4%
21.7%
Total Cash Common Dividend
30.14%
43.4%
106.36%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,234
5,334
4,014
4,977
18,559
2025
5,222
6,713
- -
5,025
22,586
2026
5,479
6,863
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.22
0.18
0.18
0.56
1.13
2025
0.29
0.35
- -
0.25
1.16
2026
0.24
0.35
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.39
0.01
- -
0.4
2025
- -
0.45
- -
- -
0.84
2026
- -
0.6
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yue He
Full Time Employees
19,159
Sector
Producer manufacturing
Industry
Metal fabrication
Address
Dongci Building Dongyang ZH China 322118
IPO Date
Aug 2, 2006
Website
chinadmegc.com
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Business
Hengdian Group DMEGC Magnetics Co., Ltd Hengdian Group DMEGC Magnetics Co., Ltd manufactures and sells magnetic materials, components, photovoltaic solar products, and lithium-ion batteries primarily for applications in electronics, automotive, renewable energy, and energy storage sectors. The company produces hard ferrite products including segment, ring, square, dry-pressed, special-shaped, microwave oven, and bonded magnets; soft ferrite products such as MnZn power ferrite, MnZn high-permeability ferrite, NiZn ferrite, powder cores, nanocrystalline materials, and magnetic sheets; plastic bonded magnets comprising rubber magnetic sheets, extruded magnetic strips, motor magnetic strips, sensor magnetic rings, pump rotors, overmolding components, magnet ring components, and rotor components; and permanent magnet ferrite sintered and bonded powders. It also offers components for hard alloys, inductors, motors, 5G RF devices, electromagnetic actuators, caps, wireless charging modules, motor housings, PV solar modules, solar cells, lithium-ion batteries, and energy storage pack modules; with operations spanning manufacturing bases in China including Sichuan, Hubei, Henan, Anhui, Jiangsu, and Guangxi, as well as overseas in Vietnam, Thailand, Indonesia, Japan, and Korea, and marketing in over 60 countries across Europe, North America, Asia, and other regions. Founded in 1980 by Hengdian magnetic equipment factory under Wenrong Xu of Hengdian Group and headquartered in the Hengdian Industrial Zone, Dongyang City, Zhejiang Province, China, the company restructured in 1999, listed on the Shenzhen Stock Exchange in August 2006 under ticker 002056.SZ, and operates as a subsidiary of Hengdian Group Holding Co., Ltd, a major Chinese private conglomerate established in 1975. Recent developments include the completion of Phase 1 of its magnetic materials factory base in Vietnam and initiation of construction for a base in Thailand in 2023; successful operation of its solar cell factory base in Indonesia; acquisition of two Dongmei subsidiaries for 47 million yuan in August 2024 and Dongyang Sanhe Hydropower Installation for $1.5 million in Q3 2024; an equity buyback program closed in 2024 repurchasing 1.57% of shares; overseas photovoltaic manufacturing layout expansion; and recognition as the first PV module manufacturer worldwide to obtain low carbon footprint certification, a national green factory, and shortlisting in Bloomberg's Tier 1 Global PV Module Manufacturers, alongside awards like Bosch's Global Best Supplier.