1. China Stocks

  2. •

    Non-energy minerals

  3. •

    Other metals/Minerals
Luyang Energy-Saving Materials Co., Ltd. Class A

Luyang Energy-Saving Materials Co., Ltd. Class A

SSZSE:002088
7.75
CNY
-0.51
(-6.17%)
-0.08EPS
4.09BMarket 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
2.09
2.43
2.34
2.44
3.25
3.64
4.33
4.65
6.28
7.12
6.94
6.91
4.63
5.04
Basic EPS, GAAP
0.18
0.16
0.12
0.21
0.44
0.61
0.69
0.74
1.06
1.16
0.97
0.94
0.08
-0.08
Free Cash Flow per Basic Share
-0.02
0.07
0.23
0.64
0.71
0.11
0.31
0.8
0.89
1
0.38
0.95
0.43
- -
Dividend per Share
0.07
0.07
0.08
0.06
0.05
0.35
0.48
0.47
0.61
0.71
0.8
0.8
0.77
0.04
Book Value per Share
3.08
3.19
3.26
3.43
3.81
4.02
4.35
4.7
5.2
6.19
5.54
5.65
4.93
4.67
Tangible Book Value per Share
2.8
2.92
2.95
3.12
3.53
3.74
4.09
4.44
4.95
5.92
5.29
5.41
4.7
4.46
Basic Weighted Avg Shares
491
485
483
488
491
506
496
500
504
503
507
511
536
454
Sales/Revenue/Turnover
1,026
1,178
1,133
1,190
1,596
1,842
2,147
2,326
3,164
3,585
3,519
3,532
2,481
2,285
Operating Margin (%)
11.07
9.83
7.48
8.73
17.66
18.24
17.24
18.26
19.06
18.11
16.09
17.5
5.8
3.12
Depreciation Expense
77
84
88
94
92
90
99
106
115
131
106
104
109
- -
Net Income, GAAP
86
78
58
105
214
307
340
370
534
584
492
480
43
-38
Effective Tax Rate (%)
12.88
10.78
16.67
20.61
13.06
9.75
12.69
13.1
11.33
11.39
11.75
17.06
14.08
- -
Profit Margin (%)
8.42
6.66
5.08
8.8
13.39
16.67
15.85
15.92
16.88
16.28
13.98
13.59
1.73
-1.67
Working Capital
536
652
629
766
986
1,012
1,170
1,409
1,648
2,145
1,852
1,926
1,626
1,574
LT Debt
2
2
- -
- -
- -
- -
- -
74
103
25
15
10
7
4
Total Equity
1,513
1,568
1,603
1,684
1,874
2,035
2,204
2,378
2,635
3,140
2,807
2,893
2,529
2,382
Return on Invested Capital (%)
4.99
4.42
2.94
4.82
11.74
15.66
15.72
15.52
20.05
19.59
16.43
17.19
3.5
- -
Return on Capital (%)
5.91
5.12
3.82
6.16
11.79
15.52
15.98
15.85
20.72
19.88
16.47
16.74
1.61
- -
Return on Common Equity (%)
5.84
5.09
3.63
6.37
12.02
15.72
16.06
16.16
21.32
20.23
16.56
16.85
1.58
-1.43

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7
8
7
LT Borrowings
- -
- -
- -
LT Finance Leases
7
5
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
513
510
510
Market Capitalization
5,372
5,091
4,087

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,360
2,203
2,183
Cash, Cash Equivalents & STI
515
473
432
Accounts Receivable, Net
1,051
1,033
1,035
Inventories
217
242
233
Total Current Liabilities
734
556
609
Payables & Accruals
- -
- -
- -
ST Debt
7
8
7
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.1%
1.97%
-12.6%
Free Cash Flow
50.13%
11.86%
-52.65%
Net Income, GAAP
19.38%
-11.13%
-91.06%
Sales/Revenue/Turnover
9.76%
3.62%
-29.75%
Total Cash Common Dividend
62.81%
12.3%
0.24%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
701
913
927
992
3,532
2025
542
630
- -
708
2,481
2026
428
518
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.25
0.27
0.27
0.94
2025
0.12
0.03
- -
-0.12
0.08
2026
0.01
0.01
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.8
2025
- -
- -
- -
0.04
0.77
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Chao Lu
Full Time Employees
2,707
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
No. 11, Yihe Road Zibo SD China 256100
IPO Date
Nov 30, 2006
Website
luyang.com
Similar Companies
MP Materials Corp. (NYSE:MP)
Energy Fuels Inc (AMEX:UUUU)
Freeport-McMoRan, Inc. (NYSE:FCX)
Hindalco Industries Limited (NSE:HINDALCO)
Cameco Corporation (NYSE:CCJ)
Uranium Energy Corp. (AMEX:UEC)
Business
Luyang Energy-Saving Materials Co., Ltd. (002088.SZ) manufactures and markets ceramic fiber products and other energy-saving materials for high-temperature industrial applications. The company produces ceramic fibers; alumina fibers; soluble fibers; basalt fibers; lightweight refractory bricks including light mullite bricks; insulating firebricks; industrial filter bags; amorphous castables; microporous nano-materials; ceramic fiber modules and composite modules; car emission control system packaging liners; and lithium battery ceramic fiber paper products. These products serve industries such as petrochemical, steel, non-ferrous metals, power generation, building materials, transportation, and environmental dust removal, with applications in furnace linings, fire insulation, high-temperature thermal management, filtration, and emission control. Products are sold domestically in China and exported to over 60 countries and regions including the United States, Germany, the United Kingdom, and Taiwan. Founded in 1984 and headquartered in Yiyuan County, Zibo, Shandong Province, China, the company operates as a Sino-foreign joint venture and maintains an annual production capacity of nearly 600,000 tons of ceramic fiber products, positioning it among the global top three in the ceramic fiber industry. It holds national designations as a manufacturing champion demonstration enterprise, industry standard drafter, key high-tech enterprise, and new materials industrialization backbone, supported by a national enterprise technology center, accredited laboratory, post-doctoral workstation, and over 380 patents. In June 2022, Alkegen, backed by Clearlake Capital, completed a tender offer acquiring a controlling majority stake in Luyang, building on a partnership since 2015 and establishing Luyang as Alkegen's key platform for expanding product technologies in Asia, including cross-selling in high-growth sectors like lithium-ion batteries and advanced filtration. In May 2023, the company announced the acquisition of a local special fiber manufacturer for CNY 180 million to bolster its fiber production capabilities. Alkegen's 2024 sustainability reporting continues to incorporate Luyang's operations, reflecting ongoing strategic integration amid expansions in micro-fine glass fibers and battery-related demand.