Beijing BDStar Navigation Co., Ltd. Class A

Beijing BDStar Navigation Co., Ltd. Class A

SSZSE:002151
28.22
CNY
+0.40
(+1.44%)
-0.44EPS
17.24BMarket Cap
Oct 27Next Earn
Beijing BDStar Navigation Co., Ltd. Class A
SZSE:002151
(Shenzhen Stock Exchange)

Recent

price

28.22

P/E

ratio

- -

div

yld

0.01%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.1
1.47
2.06
2.89
2.69
2.84
3.44
4.41
6.01
6.01
7.42
7.6
7.62
7.85
2.78
4.04
4.67
Revenue per Share
0.14
0.12
0.17
0.16
0.09
0.13
0.11
0.21
0.21
-1.31
0.3
0.4
0.29
0.31
-0.65
-0.47
-0.38
Basic EPS, GAAP
-0.32
-0.58
-0.33
-0.12
-0.13
0.02
-0.33
-0.56
0.04
-0.3
0.21
-0.27
-1.2
-1.03
-0.48
0.31
- -
Free Cash Flow per Basic Share
0.08
0.12
0.11
0.1
0.09
0.09
0.11
0.1
0.18
0.18
0.14
0.08
0.09
0.03
0.15
- -
- -
Dividend per Share
1.95
1.95
2.05
2.15
3.34
6
8.41
8.45
7.87
6.61
8.33
8.65
8.46
10.23
9.39
8.91
8.99
Book Value per Share
1.33
1.04
0.98
1.04
2.32
2.45
5.09
3.72
3.86
3.11
4.96
6.01
5.82
8.4
7.81
7.33
7.49
Tangible Book Value per Share
299
329
277
270
355
390
470
500
508
497
489
506
501
520
538
547
539
Basic Weighted Avg Shares
329
485
570
778
954
1,108
1,617
2,204
3,051
2,987
3,624
3,851
3,816
4,082
1,498
2,213
2,515
Sales/Revenue/Turnover
14.93
11.53
5.77
6.75
4.66
2.46
6.25
9.13
5.98
-0.81
5.93
6.23
3.34
-5.33
-19.57
-5.95
-3.38
Operating Margin (%)
15
26
39
52
76
76
93
111
160
168
216
271
269
323
224
218
- -
Depreciation Expense
41
38
46
43
31
51
52
105
107
-651
147
203
145
161
-350
-257
-203
Net Income, GAAP
18.04
24.43
25.74
18.32
16.08
17.67
29.78
18.5
23.71
- -
24.41
2.9
8.41
- -
- -
- -
- -
Effective Tax Rate (%)
12.53
7.87
8.1
5.55
3.22
4.58
3.2
4.76
3.5
-21.8
4.04
5.26
3.81
3.95
-23.34
-11.62
-8.08
Profit Margin (%)
431
292
309
243
662
796
2,071
1,481
1,823
1,290
1,880
1,913
2,042
2,943
2,757
2,154
2,232
Working Capital
1
20
63
59
- -
- -
- -
44
431
356
383
138
87
25
20
29
16
LT Debt
688
758
800
849
1,335
2,784
4,483
4,597
4,255
3,596
4,646
4,680
4,814
5,612
5,255
5,058
5,114
Total Equity
6.58
3.99
1.42
3.1
2.05
0.55
1.61
2.37
-4.23
- -
2.6
3.75
1.4
- -
- -
- -
- -
Return on Invested Capital (%)
8.08
5.44
4.9
3.29
1.25
2.84
1.31
2.36
2.32
- -
4.07
4.62
4.84
- -
- -
- -
- -
Return on Capital (%)
8.6
5.96
7.01
6.25
3.26
2.65
1.49
2.43
2.55
-17.9
3.92
4.68
3.31
3.26
-6.56
-5.17
-4.08
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
70
71
94
LT Borrowings
10
10
- -
LT Finance Leases
19
19
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
543
543
543
Market Capitalization
24,664
20,565
17,237

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,140
2,961
3,041
Cash, Cash Equivalents & STI
1,299
1,234
1,286
Accounts Receivable, Net
578
552
570
Inventories
821
857
831
Total Current Liabilities
986
772
809
Payables & Accruals
- -
- -
- -
ST Debt
70
71
94
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.99%
2.02%
-3.74%
Free Cash Flow
-356.84%
-24.94%
-166.21%
Net Income, GAAP
-104.91%
-64.51%
-26.47%
Sales/Revenue/Turnover
13.66%
-0.66%
47.67%
Total Cash Common Dividend
29.93%
36.91%
-99%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
280
408
375
436
1,498
2025
318
574
- -
706
2,213
2026
615
620
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.09
- -
-0.04
-0.53
-0.65
2025
-0.05
0.06
- -
-0.51
-0.47
2026
0.03
0.05
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.15
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Beijing BDStar Navigation Co., Ltd. Beijing BDStar Navigation Co., Ltd. (002151.SZ) engages primarily in the research, development, production, and sale of satellite navigation and positioning products, solutions, and services worldwide, with a focus on Beidou-compatible GNSS technologies. The company operates through three core segments: GNSS chips and data services, including high-precision GNSS SoC chips, modules, boards, cloud enhancement services, and marine fishery location data; navigation products such as base station, vehicle-mounted, UAV, aviation, high-seismic, satellite communication, ceramic, timing, RFID, survey GNSS, helix, choke ring, ruggedized, OEM GNSS, and X-survey antennas, plus wireless communication terminals like radio stations, inertial navigation systems, and automotive electronics including infotainment systems, reconfigurable instrument clusters, display audio, and radios; and ceramic components comprising RF passive components such as low-temperature co-fired ceramic (LTCC), high-temperature co-fired ceramic (HTCC), microwave dielectric ceramics, soft magnetism ferrites, CNSS, CATV, Bluetooth, and WiFi modules, as well as composite ceramic substrates. Founded in 2000 and headquartered in Beijing, China, Beijing BDStar Navigation serves diverse applications in surveying and mapping, drones, precision agriculture, robots, smart transportation, autonomous driving, aerospace, deformation monitoring, mobile communications, emergency rescue, and public safety, with operations extending to Southeast Asia, Europe, Africa, and other regions through strategic partnerships and global exhibitions. Recent developments include a strategic partnership initiated in 2023 with a leading telecommunications company to integrate navigation services with 5G technology, projected to add significant revenue; the acquisition of a 51% stake in Shenzhen Tianli Automotive Electronics Technology Co., Ltd. for approximately CNY 252.45 million announced in March 2025 to bolster automotive electronics capabilities; and advancements such as Unicore UM62X series modules entering mass production for intelligent cockpits in joint venture auto brands, automotive-grade high-precision positioning modules securing key intelligent driving projects, and the launch of real-time ionospheric activity query services by subsidiaries in 2025.