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Zhejiang Dali Technology Co., Ltd. Class A

Zhejiang Dali Technology Co., Ltd. Class A

SSZSE:002214
16.59
CNY
+0.83
(+5.27%)
8.97BMarket Cap
Oct 30Next Earn
Zhejiang Dali Technology Co., Ltd. Class A
SZSE:002214
(Shenzhen Stock Exchange)

Recent

price

16.59

P/E

ratio

- -

div

yld

0.08%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.53
0.48
0.57
0.55
0.65
0.58
0.6
0.58
0.77
0.98
1.98
1.36
0.66
0.43
0.47
0.59
- -
Revenue per Share
0.11
0.06
0.07
0.07
0.09
0.06
0.06
0.06
0.1
0.25
0.71
0.29
-0.25
-0.49
-0.65
-0.38
- -
Basic EPS, GAAP
-0.12
-0.07
0.01
0.04
-0.19
-0.22
-0.07
-0.04
0.03
0.04
0.4
-0.3
-0.46
-0.47
-0.26
-0.02
- -
Free Cash Flow per Basic Share
0.04
0.04
0.05
0.04
0.06
0.05
0.06
0.04
0.04
0.05
0.08
0.07
0.08
0.06
0.07
0.02
0.01
Dividend per Share
0.86
0.9
0.95
1
1.7
1.74
1.77
1.81
1.87
2.09
2.61
4.21
3.86
3.28
2.56
2.19
2.06
Book Value per Share
0.81
0.84
0.89
0.94
1.65
1.69
1.73
1.77
1.83
2.06
2.47
4.11
3.76
3.2
2.51
2.14
2.01
Tangible Book Value per Share
483
479
473
478
554
556
568
517
549
543
550
590
603
596
591
589
591
Basic Weighted Avg Shares
258
231
272
261
362
323
339
302
424
530
1,090
805
401
255
275
347
- -
Sales/Revenue/Turnover
22.13
16.15
15.3
12.86
14.37
6.91
-1.08
19.82
20.1
34.92
43.18
23.7
-38.14
-95.4
-94.69
-50.87
- -
Operating Margin (%)
7
10
9
13
14
14
14
15
16
17
23
27
33
36
39
43
- -
Depreciation Expense
53
31
34
34
51
32
33
30
55
136
390
171
-151
-292
-384
-224
- -
Net Income, GAAP
7.14
13.04
6.55
6.1
11.81
9.64
9.18
9.82
8.77
9.38
12.43
6.41
- -
- -
- -
- -
- -
Effective Tax Rate (%)
20.65
13.41
12.32
12.95
14.02
10.04
9.75
10
12.96
25.6
35.81
21.25
-37.63
-114.82
-139.74
-64.44
- -
Profit Margin (%)
303
308
331
530
977
786
737
763
743
794
1,017
1,938
1,653
1,361
893
488
364
Working Capital
- -
- -
- -
168
169
- -
- -
60
30
2
29
- -
49
189
203
45
- -
LT Debt
413
434
457
483
936
956
978
996
1,030
1,153
1,450
2,536
2,309
1,961
1,513
1,284
1,201
Total Equity
8
3.58
2.34
1.94
2.96
0.22
-2.1
2.56
4.4
10.58
27.1
8.15
- -
- -
- -
- -
- -
Return on Invested Capital (%)
11.42
6.94
7.21
7.09
6.79
3.99
3.85
3.28
5.08
10.91
25.5
8.34
- -
- -
- -
- -
- -
Return on Capital (%)
13.64
7.31
7.52
7.22
7.18
3.44
3.43
3.06
5.42
12.47
30.22
8.65
-6.24
-13.66
-21.93
-15.71
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
285
366
360
LT Borrowings
45
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
599
599
599
Market Capitalization
10,798
10,692
8,974

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,171
1,137
1,121
Cash, Cash Equivalents & STI
135
88
48
Accounts Receivable, Net
419
388
412
Inventories
461
477
516
Total Current Liabilities
683
758
757
Payables & Accruals
- -
- -
- -
ST Debt
285
366
360
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.81%
2.59%
-15.15%
Free Cash Flow
39.63%
-51.28%
-91.08%
Net Income, GAAP
24.93%
-32.15%
-41.7%
Sales/Revenue/Turnover
8.67%
-15.69%
26.41%
Total Cash Common Dividend
-1.11%
-15.04%
-75.71%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
30
38
35
171
275
2025
59
80
- -
85
347
2026
60
82
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.13
-0.2
-0.11
-0.21
-0.65
2025
-0.11
-0.06
- -
-0.17
-0.38
2026
-0.12
-0.04
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.05
- -
0.01
0.07
2025
- -
- -
- -
- -
0.02
2026
- -
- -
- -
- -
- -
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Business
Zhejiang Dali Technology Co., Ltd. (002214.SZ) develops, manufactures and markets uncooled infrared focal plane detectors, infrared thermal imaging systems, intelligent inspection robots, and inertial navigation optoelectronic products. The company offers a comprehensive range of thermal imaging solutions, including hand-held temperature measurement thermal imagers such as LT6 series, T9/T10, T12 and DL800; online temperature measurement and monitoring thermal imagers such as DM86G, DLD-EXS dual-spectrum explosion-proof thermometer and SG256 dual-light integrated measurement core; infrared acoustic imagers like DL801SR; vehicle-mounted thermal imagers; infrared telescopes including S243Max and S3 multi-function models; infrared detector cores and modules such as SF740 high frame rate, VD series standard and DM30H dual-spectrum card modules; blackbody calibration equipment; and specialized products like GF721 infrared gas leak detection thermometer and F2 firefighting series. Its products serve diverse applications in aerospace, power generation, petrochemicals, security, fire fighting, epidemic prevention, smart grid, rail transit, marine affairs, forest fire prevention and consumer sectors, with primary sales in China and exports to overseas markets representing 41%-50% of output. Founded in 1984 as Zhejiang Testing Technology Research Institute, the company restructured in 2001 and listed on the Shenzhen Stock Exchange in February 2008; it maintains headquarters at No. 639 Binkang Road, Binjiang District, Hangzhou, Zhejiang Province, China, with R&D centers in Hangzhou, Shanghai and Beijing. Zhejiang Dali Technology employs dual-technology routes—amorphous silicon and vanadium oxide—for mass production of uncooled infrared focal plane detectors, enabling a complete, independent industrial chain from core components to full systems. It has undertaken national projects in core electronics, high-end chips and major scientific instruments. In recent developments, the company signed a CNY 71 million contract in early 2025 for developing a specific optoelectronic system. It partnered with Zhuhai Yunzhou Intelligent Technology Co., Ltd., an autonomous ship manufacturer, to advance joint initiatives, and announced collaboration with Zhuhai Yunzhou Technology Co., Ltd. on strategic agreements. These moves support expansion in intelligent optoelectronics and marine applications amid growing overseas revenue.