1. China Stocks

  2. •

    Producer manufacturing

  3. •

    Trucks/Construction/Farm machinery
Weihai Guangtai Airport Equipment Co., Limited Class A

Weihai Guangtai Airport Equipment Co., Limited Class A

SSZSE:002111
8.34
CNY
-0.70
(-7.74%)
0.37EPS
22.86P/E
4.79BMarket Cap
Apr 27Next 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
2.03
2.35
2.83
3.03
3.41
4.12
4.83
5.58
6.08
4.4
4.59
5.42
6.44
6.82
Basic EPS, GAAP
0.21
0.26
0.36
0.33
0.21
0.44
0.63
0.72
0.12
0.45
0.24
0.14
0.25
0.39
Free Cash Flow per Basic Share
-0.28
0.02
0.07
-0.15
-0.09
0.05
1.03
1.35
-1.1
-0.05
-0.25
-0.08
0.45
- -
Dividend per Share
0.1
0.13
0.11
0.12
0.15
0.18
0.33
0.25
0.36
0.39
0.26
0.2
0.23
0.24
Book Value per Share
2.71
2.92
3.95
4.96
4.87
5.21
5.47
6.03
6.02
5.66
5.91
5.85
5.83
5.92
Tangible Book Value per Share
2.35
2.57
2.89
3.61
3.69
4.06
4.31
4.9
5.43
5.14
5.32
5.32
5.38
5.51
Basic Weighted Avg Shares
437
432
467
513
529
530
528
532
533
533
524
533
516
514
Sales/Revenue/Turnover
885
1,015
1,323
1,555
1,804
2,187
2,551
2,965
3,241
2,346
2,404
2,888
3,323
3,509
Operating Margin (%)
12.55
15.52
16.96
16.9
13.98
14.51
14.47
16.32
16.21
14.99
9.16
7.36
10.27
12.37
Depreciation Expense
30
33
38
51
63
67
67
68
69
75
75
77
81
- -
Net Income, GAAP
94
111
167
169
113
235
332
383
64
240
126
75
129
203
Effective Tax Rate (%)
11.3
11.61
11.42
16.41
21.2
10.18
12.87
12.01
43.07
11.34
10.09
16.12
17.87
14.84
Profit Margin (%)
10.57
10.95
12.61
10.84
6.28
10.74
13
12.91
1.97
10.23
5.23
2.58
3.88
5.77
Working Capital
472
528
758
1,183
1,186
1,366
1,438
1,684
1,821
1,611
2,446
2,315
2,303
2,356
LT Debt
12
10
3
1
1
55
31
- -
6
18
752
746
911
910
Total Equity
1,168
1,254
2,046
2,779
2,671
2,851
2,966
3,272
3,288
3,067
3,224
3,141
3,106
3,157
Return on Invested Capital (%)
5.58
6.6
7.67
5.46
3.36
6.81
8.57
10.67
1.84
6.27
3.12
1.81
2.92
4.24
Return on Capital (%)
8.08
8.85
8.33
6.03
3.9
7.52
10.3
10.9
1.87
6.77
3.9
2.38
3.64
5.07
Return on Common Equity (%)
8.26
9.18
10.27
7.25
4.31
8.71
11.63
12.46
1.99
7.7
4.07
2.38
4.15
6.42

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
618
737
676
LT Borrowings
908
890
901
LT Finance Leases
3
5
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
532
532
532
Market Capitalization
5,597
5,198
4,788

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,141
4,189
4,372
Cash, Cash Equivalents & STI
787
1,051
1,008
Accounts Receivable, Net
1,275
1,150
1,357
Inventories
1,748
1,665
1,700
Total Current Liabilities
1,838
1,818
2,016
Payables & Accruals
- -
- -
- -
ST Debt
618
737
676
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.82%
-0.96%
-1.11%
Free Cash Flow
90.49%
-103.1%
-618.63%
Net Income, GAAP
30.9%
35.34%
72.91%
Sales/Revenue/Turnover
10.7%
3.87%
15.09%
Total Cash Common Dividend
13.04%
1.35%
11.15%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
568
717
789
814
2,888
2025
640
785
- -
1,027
3,323
2026
846
851
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.11
0.04
-0.1
0.14
2025
0.08
0.08
- -
- -
0.25
2026
0.15
0.16
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.16
0.02
0.2
2025
0.01
0.11
- -
0.09
0.23
2026
0.02
0.01
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Wen Xuan Li
Full Time Employees
2,836
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
No. 16 Huanghe Street Weihai SD China 264200
IPO Date
Jan 26, 2007
Website
guangtai.com.cn
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Business
Weihai Guangtai Airport Equipment Co., Ltd. (002111.SZ) manufactures and sells airport ground support equipment and fire-fighting equipment primarily in China and internationally. Founded in 1991 by Mr. Li Guangtai and headquartered in Huancui District, Weihai City, Shandong Province, the company operates through segments including airport ground equipment, featuring electric-powered aircraft pushback tractors, passenger boarding bridges, shuttle buses, and electrification solutions; fire-fighting equipment via its wholly-owned subsidiary Beijing Zhongzhuo Times Firefighting Equipment Technology Co., Ltd., which produces nearly 100 types of fire trucks and vehicles; special vehicles through Weihai Guangtai Medical Technology Co., Ltd., offering mobile medical vehicles, surgical cars, and inspection vehicles; drones via controlled subsidiary Tianjin Quanhua Times Aerospace Technology Development Co., Ltd., including multi-rotor, fixed-wing, and twin-engine models for public safety and firefighting; and fire alarm systems through Yingkou Xinshanying Alarm Equipment Co., Ltd., encompassing automatic alarms, large-space suppression systems, and emergency lighting. Guangtai provides one-stop solutions covering research, development, production, sales, and after-sales services across over 80 countries, with a focus on green electrification for airports. Recent developments include a global framework agreement with dnata in 2024 to strengthen air services partnerships, a 2023 strategic cooperation with MacroAsia Corp. for ground support investments, and expanded electric ground support equipment leveraging EV expertise to meet rising demand.