GRG Banking Equipment Co., Ltd. Class A

GRG Banking Equipment Co., Ltd. Class A

SSZSE:002152
9.17
CNY
+0.25
(+2.80%)
0.49EPS
25.76P/E
23.29BMarket 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
1.25
1.56
1.98
1.89
1.8
2.28
2.66
2.65
2.72
2.99
3.61
4.37
4.9
4.98
Basic EPS, GAAP
0.35
0.4
0.45
0.36
0.37
0.28
0.31
0.29
0.33
0.33
0.39
0.37
0.35
0.36
Free Cash Flow per Basic Share
0.28
0.5
0.34
0.4
0.2
0.34
0.28
0.22
0.53
0.57
0.5
0.45
0.55
- -
Dividend per Share
0.09
0.07
0.27
0.09
0.07
0.2
0.12
0.12
0.15
0.15
0.2
0.22
0.23
0.6
Book Value per Share
1.73
2.06
2.24
3.45
3.66
3.58
3.75
4.13
4.42
4.68
4.83
5.07
5.03
4.98
Tangible Book Value per Share
1.72
2.01
2.07
3.24
3.38
3.1
3.26
3.65
4
4.27
4.09
4.26
4.23
4.19
Basic Weighted Avg Shares
2,008
2,019
2,011
2,344
2,431
2,394
2,445
2,415
2,498
2,513
2,505
2,486
2,460
2,491
Sales/Revenue/Turnover
2,516
3,152
3,973
4,424
4,384
5,459
6,496
6,411
6,782
7,526
9,043
10,866
12,055
12,398
Operating Margin (%)
23.58
20.58
19.67
17.25
15.58
16.53
14.93
17.04
15.72
14.64
13.42
10.33
10.12
11.58
Depreciation Expense
40
57
67
110
136
152
166
163
180
198
208
261
237
- -
Net Income, GAAP
705
807
898
844
899
670
758
700
824
829
977
920
861
907
Effective Tax Rate (%)
8.36
10.85
12.9
11.06
14.08
12.86
14.56
11.79
11.17
9.69
11.64
10.09
12.62
13.42
Profit Margin (%)
28.02
25.62
22.61
19.08
20.52
12.28
11.67
10.93
12.15
11.02
10.8
8.46
7.14
7.32
Working Capital
3,068
3,571
3,532
5,224
5,879
5,530
5,504
6,263
6,899
7,709
7,525
9,173
9,905
8,915
LT Debt
- -
- -
- -
7
- -
2
- -
29
38
353
343
1,058
1,453
629
Total Equity
3,621
4,327
4,763
8,870
9,484
9,510
9,900
10,945
12,003
13,428
14,420
15,301
15,405
15,331
Return on Invested Capital (%)
16.25
15.24
15.11
10.38
10.37
8.2
8.97
7.88
8.21
8.38
8.93
6.9
6.15
6.56
Return on Capital (%)
21.13
20.07
19.34
11.71
9.1
5.87
6.52
5.22
5.75
4.41
4.83
4.48
3.7
3.54
Return on Common Equity (%)
21.85
21.16
20.76
13.1
10.42
7.63
8.55
7.37
7.87
7.34
8.27
7.48
6.87
7.22

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,496
1,849
3,055
LT Borrowings
1,408
1,419
592
LT Finance Leases
45
41
36
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,483
2,483
2,483
Market Capitalization
34,296
28,236
23,294

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
22,550
20,853
20,265
Cash, Cash Equivalents & STI
15,114
13,331
12,703
Accounts Receivable, Net
3,142
3,166
3,216
Inventories
2,607
2,759
2,624
Total Current Liabilities
12,644
10,754
11,350
Payables & Accruals
- -
- -
- -
ST Debt
1,496
1,849
3,055
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.38%
7.14%
0.68%
Free Cash Flow
16.88%
30.53%
21.25%
Net Income, GAAP
0.44%
4.77%
-6.41%
Sales/Revenue/Turnover
12.07%
13.6%
10.94%
Total Cash Common Dividend
14.54%
14.03%
3.81%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,006
2,701
2,411
3,748
10,866
2025
2,150
3,125
- -
4,149
12,055
2026
2,212
2,912
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.1
0.07
0.1
0.37
2025
0.1
0.09
- -
0.1
0.35
2026
0.09
0.08
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.2
0.01
0.01
0.22
2025
- -
0.21
- -
- -
0.23
2026
0.17
0.22
- -
- -
- -

Company Description

CEO
Ye Dong Li
Full Time Employees
33,765
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
No.9 and No. 11, Kelin Road Guangzhou GD China 510663
IPO Date
Aug 14, 2007
Business
GRG Banking Equipment Co., Ltd. (002152.SZ) develops, manufactures and sells financial self-service equipment and artificial intelligence solutions for the banking and fintech industries. The company offers a broad portfolio of products including full-function automated teller machines, cash depositors and recyclers, intelligent deposit machines, retail dispensers and recyclers, cash sorting machines, smart check-in machines, SIM card kiosks, marketing displays and screens; it also provides cash dispensing, accepting and recycling modules, coin dispensing and recycling modules, cheque accepting and dispensing modules, authentication solutions, smart card return modules, card reader, storage and issuance solutions, token dispensers, as well as information publishing systems, precise marketing, InSmart solutions, digital branch solutions, content management systems, terminal operation services and security solutions. GRG Banking operates primarily in China and internationally across more than 120 countries and regions, with a focus on financial institutions, banks and retail sectors; the company is headquartered in Guangzhou, China, and was founded in 1999 as part of Guangzhou Digital Technology Group. In recent developments, GRG Banking announced an equity funding round from up to four investors in January 2025, approved by its board of directors. The company has accelerated its globalization strategy through strategic partnerships, including a long-term cooperation agreement with NewNote Solutions, S.A. in Portugal for fintech product development in 2024, a strategic alliance with AbuSarhad Premier Service Group (APSG) in Saudi Arabia for banking innovation and smart city applications, and new partnerships forged at GCE 2025; it has also strengthened ties with banks in Turkey, Spain (including BBVA and Banco Santander), Kenya, South Africa and hosted GCE 2025 to showcase AI-powered finance solutions. These initiatives support expansions in Europe, the Middle East and Africa, alongside ongoing enhancements in branch transformation, cash management and intelligent transportation solutions.