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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
Luyang Energy-Saving Materials Co., Ltd. Class A
SZSE:002088
(Shenzhen Stock Exchange)

Recent

price

7.75

P/E

ratio

- -

div

yld

0.58%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.85
1.98
2.03
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
Revenue per Share
0.25
0.22
0.17
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
Basic EPS, GAAP
-0.1
-0.29
0.01
-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
- -
Free Cash Flow per Basic Share
0.06
0.06
0.06
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
Dividend per Share
2.65
2.83
2.95
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
Book Value per Share
2.4
2.59
2.67
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
Tangible Book Value per Share
496
494
494
491
485
483
488
491
506
496
500
504
503
507
511
536
454
Basic Weighted Avg Shares
918
980
1,003
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
Sales/Revenue/Turnover
16.32
14.71
11.16
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
Operating Margin (%)
52
63
66
77
84
88
94
92
90
99
106
115
131
106
104
109
- -
Depreciation Expense
123
108
85
86
78
58
105
214
307
340
370
534
584
492
480
43
-38
Net Income, GAAP
15.31
15.57
11.36
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
- -
Effective Tax Rate (%)
13.37
11.04
8.44
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
Profit Margin (%)
531
511
481
536
652
629
766
986
1,012
1,170
1,409
1,648
2,145
1,852
1,926
1,626
1,574
Working Capital
25
25
25
2
2
- -
- -
- -
- -
- -
74
103
25
15
10
7
4
LT Debt
1,304
1,389
1,450
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
Total Equity
8.7
7.7
5.6
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 Invested Capital (%)
9.25
7.81
6.04
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 Capital (%)
9.78
8.03
5.96
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
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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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.