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Baowu Magnesium Technology Co., Ltd Class A

Baowu Magnesium Technology Co., Ltd Class A

SSZSE:002182
11.11
CNY
+0.17
(+1.55%)
-0.12EPS
15.44BMarket Cap
Oct 27Next Earn
Baowu Magnesium Technology Co., Ltd Class A
SZSE:002182
(Shenzhen Stock Exchange)

Recent

price

11.11

P/E

ratio

- -

div

yld

1.85%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
5.4
4.34
4.33
4.61
3.99
3.86
4.6
5.44
5.64
6.16
6.57
8.97
10.06
8.19
9.06
9.99
9.94
Revenue per Share
0.05
- -
0.02
0.03
0.03
0.04
0.19
0.17
0.36
1.01
0.27
0.54
0.67
0.33
0.16
-0.02
-0.09
Basic EPS, GAAP
-0.63
-0.04
-0.08
-0.11
0.25
-0.1
-0.17
0.06
-0.17
0.08
0.13
-0.86
0.02
-1.65
-1.79
-1.09
- -
Free Cash Flow per Basic Share
0.1
0.07
0.1
0.09
0.12
0.13
0.1
0.12
0.17
0.17
0.21
0.16
0.41
0.19
0.2
0.19
0.21
Dividend per Share
1.1
1.11
1.12
1.14
1.13
1.13
1.58
1.71
2.02
2.95
3.11
3.74
4.35
5.31
5.38
5.32
5.3
Book Value per Share
0.95
0.9
0.91
0.93
0.91
0.9
1.36
1.48
1.78
2.66
2.8
3.43
3.94
4.92
4.91
4.86
4.85
Tangible Book Value per Share
526
815
806
807
806
807
880
905
905
905
905
905
905
934
991
992
993
Basic Weighted Avg Shares
2,841
3,534
3,493
3,720
3,216
3,113
4,048
4,927
5,101
5,572
5,946
8,117
9,105
7,652
8,983
9,912
9,869
Sales/Revenue/Turnover
2.83
2.42
2.75
2.56
2.77
2.96
6.93
5.25
7.87
7.8
6.23
9.12
9.82
6.52
4.43
3.69
3.07
Operating Margin (%)
88
101
111
129
142
150
164
182
154
201
176
195
254
298
416
523
- -
Depreciation Expense
28
4
20
25
28
30
169
155
330
910
244
493
611
306
160
-19
-88
Net Income, GAAP
30.14
56.63
35.49
83.54
- -
24.1
19.73
18.75
18.31
12.12
14.01
10.98
12.62
5.14
15.63
296.87
- -
Effective Tax Rate (%)
0.99
0.11
0.57
0.68
0.86
0.97
4.18
3.14
6.46
16.34
4.1
6.07
6.71
4
1.78
-0.19
-0.9
Profit Margin (%)
69
-134
-158
-157
-187
-397
-109
-171
-227
490
330
1,120
-328
21
-176
-824
-854
Working Capital
128
- -
- -
- -
- -
- -
60
60
60
60
4
245
115
1,135
2,247
2,324
2,555
LT Debt
1,031
1,091
1,146
1,130
1,106
1,102
1,431
1,552
1,829
2,675
2,873
3,985
4,617
6,059
6,167
6,133
6,095
Total Equity
1.02
-0.02
0.53
0.08
- -
0.59
5.59
4.34
9.34
21.73
5.36
9.83
10.14
3.95
1.37
-0.2
- -
Return on Invested Capital (%)
3.51
1.43
2.98
2.53
- -
3.85
7.88
7.03
11.45
23.55
6.71
9.95
9.24
4.05
2.32
-1.82
- -
Return on Capital (%)
3.2
0.42
2.21
2.79
3.02
3.3
14.46
10.41
19.52
40.47
8.88
15.88
16.68
6.66
3.01
-0.35
-1.66
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,150
4,601
4,643
LT Borrowings
2,316
2,488
2,548
LT Finance Leases
8
9
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
992
992
992
Market Capitalization
15,174
15,274
15,442

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,714
5,136
5,179
Cash, Cash Equivalents & STI
492
343
292
Accounts Receivable, Net
2,572
2,039
2,287
Inventories
1,557
1,629
1,695
Total Current Liabilities
6,538
5,911
6,033
Payables & Accruals
- -
- -
- -
ST Debt
5,150
4,601
4,643
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.69%
17.41%
-0.55%
Free Cash Flow
-1,214.91%
-2,324.53%
-39.46%
Net Income, GAAP
58.59%
-16.65%
-111.62%
Sales/Revenue/Turnover
13.17%
12.09%
10.34%
Total Cash Common Dividend
16.7%
18.09%
-6.27%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,864
2,212
2,271
2,636
8,983
2025
2,033
2,319
- -
2,942
9,912
2026
2,132
2,476
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.06
0.03
0.01
0.16
2025
0.03
0.04
- -
-0.11
-0.02
2026
0.01
-0.02
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.11
0.07
-0.01
0.2
2025
0.03
0.1
- -
0.03
0.19
2026
0.04
0.04
- -
- -
- -
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Business
Baowu Magnesium Technology Co., Ltd. (002182.SZ) manufactures, deep processes, and sells magnesium and aluminum alloy materials. The company produces a comprehensive range of products including magnesium alloys; magnesium alloy automotive die castings such as instrument panel brackets, seat brackets, and vehicle electronics for traditional and new energy vehicles; aluminum alloys; aluminum extruded micro-air conditioning flat tubes; aluminum extruded automotive structural parts; master alloys; and strontium metal. These products serve industries including automotive lightweighting, consumer electronics, construction, electric bicycles, and robotics, with applications in steering wheels, center console brackets, display back panels, side door inner panels, and building templates. Baowu Magnesium Technology operates a complete industry chain encompassing dolomite mining, crude magnesium smelting, magnesium alloy melting, precision casting, deformation processing, and recycling. Founded in 1993 and headquartered at No. 11 Kaiping Road, Dongping Street, Lishui District, Nanjing, Jiangsu Province, China, the company conducts business primarily in China and internationally. Formerly known as Nanjing Yunhai Special Metals Co., Ltd., it changed its name to Baowu Magnesium Technology Co., Ltd. in September 2023 to reflect its alignment with China Baowu Group and focus on magnesium industry leadership. The company employs approximately 4,593 people and holds leading global market shares in key products like magnesium, aluminum, and strontium. In recent developments, Baosteel Metals Co., Ltd., the controlling shareholder affiliated with China Baowu, completed the acquisition of an additional 5% stake (49,589,578 shares) from individual shareholders Zhu Yuehai and Mei Xiaoming in 2025, increasing its ownership from 21.53% to 26.53% and strengthening control for enhanced industrial synergies in lightweight materials. This transaction, valued at approximately 592 million yuan, supports strategic consolidation as Baowu Magnesium positions itself as China Baowu's dedicated light metal platform. Additionally, the company maintains a key strategic partnership with electric vehicle manufacturer Seres, supplying all magnesium alloy products for AITO vehicles with per-vehicle usage exceeding 20kg and plans for expansion to 50-100kg through large die-castings like electric drive housings and rear floors; it also formed a partnership with Hydrexia in January 2024 for advanced applications. Baowu Magnesium continues to advance high-end, intelligent, and green production technologies, including large-tank vertical-tank smelting and corrosion-resistant alloys for broader structural use.