Mesnac Co., Ltd. Class A

Mesnac Co., Ltd. Class A

SSZSE:002073
5.68
CNY
+0.19
(+3.46%)
0.35EPS
17.08P/E
5.27BMarket Cap
Oct 30Next 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
3.36
3.99
3.24
2.3
2.93
2.95
3.07
3.33
5.91
6.08
5.91
7.08
8.16
8.97
Basic EPS, GAAP
0.17
0.26
0.27
-0.92
0.1
-0.33
0.08
0.1
0.15
0.21
0.35
0.5
0.4
0.3
Free Cash Flow per Basic Share
0.48
-0.99
-0.17
-0.15
0.09
0.05
0.02
0.03
-0.43
-0.08
-0.31
0.61
0.07
- -
Dividend per Share
0.11
0.16
0.16
0.09
0.06
0.09
0.12
0.03
0.04
0.06
0.11
0.16
0.21
0.18
Book Value per Share
4.44
4.69
5.21
4.88
4.9
4.58
4.51
4.57
4.67
4.96
5.22
5.82
6.19
6.3
Tangible Book Value per Share
4.16
3.94
4.44
4.22
4.21
4.16
4.1
4.16
4.32
4.58
4.83
5.44
5.83
5.94
Basic Weighted Avg Shares
750
739
777
842
934
935
934
926
923
944
956
1,014
1,020
1,018
Sales/Revenue/Turnover
2,520
2,950
2,516
1,933
2,734
2,761
2,865
3,082
5,455
5,736
5,648
7,178
8,323
9,134
Operating Margin (%)
2.14
7.84
7.03
-19.44
2.18
2.93
5.22
4.73
3.72
5.36
8.79
9.75
8.2
7.4
Depreciation Expense
82
126
153
198
153
164
145
130
145
179
243
263
318
- -
Net Income, GAAP
128
192
210
-771
92
-313
78
95
142
203
333
506
403
306
Effective Tax Rate (%)
- -
11.11
19.98
- -
- -
- -
17.12
28
9.75
- -
3.87
8.82
11.13
10.66
Profit Margin (%)
5.06
6.51
8.33
-39.91
3.37
-11.33
2.72
3.09
2.61
3.53
5.9
7.05
4.84
3.35
Working Capital
2,626
1,040
1,791
3,595
3,509
3,341
2,495
2,383
3,016
2,512
2,554
3,391
3,718
3,916
LT Debt
942
164
- -
1,076
1,065
996
142
74
991
1,003
972
1,190
1,078
1,066
Total Equity
3,310
3,499
4,460
4,861
4,855
4,529
4,447
4,521
4,721
5,094
5,544
6,262
6,730
6,858
Return on Invested Capital (%)
- -
2.11
2.34
- -
- -
- -
1.09
1.57
2.59
- -
6.22
7.87
5.94
4.13
Return on Capital (%)
- -
6.05
5.67
- -
- -
- -
3.03
2.66
3.33
- -
4.92
6.55
4.62
3.48
Return on Common Equity (%)
3.99
5.67
5.41
-17.43
2.01
-7.06
1.84
2.24
3.26
4.37
6.6
9.02
6.57
4.91

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
960
1,257
595
LT Borrowings
1,063
988
1,057
LT Finance Leases
14
12
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,024
1,024
1,024
Market Capitalization
8,346
7,221
5,265

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
16,364
16,089
17,032
Cash, Cash Equivalents & STI
5,142
4,903
4,478
Accounts Receivable, Net
1,457
1,293
1,935
Inventories
8,143
8,281
8,593
Total Current Liabilities
12,647
12,419
13,116
Payables & Accruals
- -
- -
- -
ST Debt
960
1,257
595
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.36%
8.32%
7.48%
Free Cash Flow
-174.37%
-303.32%
-88.15%
Net Income, GAAP
-93.49%
37.6%
-20.36%
Sales/Revenue/Turnover
15.42%
24.73%
15.95%
Total Cash Common Dividend
20.08%
50.33%
32.57%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,464
1,761
1,653
2,300
7,178
2025
1,808
2,073
- -
2,673
8,323
2026
1,676
2,713
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.13
0.15
0.17
0.5
2025
0.07
0.07
- -
0.1
0.4
2026
0.03
0.1
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.12
0.01
0.01
0.16
2025
0.02
0.11
- -
0.01
0.21
2026
0.02
0.03
- -
- -
- -

Company Description

CEO
Bing Zheng Guan
Full Time Employees
4,901
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No. 43 Zhengzhou Road Qingdao SD China 266042
IPO Date
Oct 18, 2006
Website
mesnac.com
Business
Mesnac Co., Ltd. (002073.SZ) manufactures and sells rubber machinery and equipment for the tire and rubber industries worldwide. The company offers a comprehensive range of products and services, including radial tire building machines, sidewall auto-splicing machines, inner liner calendering lines, joint steel cord calendering lines, heavy duty conveyor belt calendering lines, rubber mixing equipment, and automated tire inspection systems; it also provides engineering solutions for tire production lines, rubber compounding plants, and conveyor belt manufacturing facilities, along with after-sales services such as installation, maintenance, and technical training. Headquartered in Qingdao, China, Mesnac was founded in 2001 and operates primarily in Asia, Europe, and North America, serving major tire manufacturers and rubber product producers as its core customer base. In recent developments, the company expanded its international footprint through strategic partnerships in Southeast Asia and completed a significant funding round in 2024 to support new product launches in intelligent automation for tire production; additionally, Mesnac acquired a minority stake in a European rubber machinery firm in early 2025 to enhance its technology portfolio and market presence in the region.