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Puyang Refractories Group Co., Ltd. Class A

Puyang Refractories Group Co., Ltd. Class A

SSZSE:002225
3.27
CNY
0.00
(0.00%)
0.02EPS
238.53P/E
5.48BMarket Cap
Apr 16Next Earn
Puyang Refractories Group Co., Ltd. Class A
SZSE:002225
(Shenzhen Stock Exchange)

Recent

price

3.27

P/E

ratio

238.53

div

yld

3.39%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
2.25
2.79
2.96
3.18
3.38
3.3
2.66
3.81
4.39
4.43
4.03
4.18
4.94
5.52
5.38
5.07
5.15
Revenue per Share
0.2
0.16
0.13
0.16
0.21
0.1
-0.21
0.03
0.25
0.27
0.29
0.08
0.23
0.25
0.14
0.08
0.02
Basic EPS, GAAP
-0.04
-0.05
0.06
0.15
0.18
-0.11
0.19
0.16
0.41
0.23
0.12
-0.43
-0.4
0.25
0.34
0.16
- -
Free Cash Flow per Basic Share
0.08
0.12
0.14
0.1
0.13
0.09
0.09
0.09
0.06
0.08
0.1
0.07
0.08
0.09
0.11
0.09
0.11
Dividend per Share
1.63
1.73
1.81
2.34
2.75
2.89
2.67
2.65
2.96
2.74
2.93
3
3.18
3.38
3.37
3.55
3.51
Book Value per Share
1.34
1.28
1.36
1.6
1.89
2.08
2.13
2.06
2.36
2.34
2.5
2.57
2.75
2.95
2.94
3.13
3.09
Tangible Book Value per Share
707
725
724
766
772
846
881
740
886
934
1,035
1,047
998
991
965
1,082
1,057
Basic Weighted Avg Shares
1,592
2,021
2,146
2,432
2,611
2,794
2,339
2,815
3,888
4,140
4,174
4,378
4,936
5,473
5,192
5,488
5,441
Sales/Revenue/Turnover
13.12
10.3
8.52
8.65
10.15
7.56
6.42
8.17
10.81
9.37
11.07
3.33
5.5
6.27
3.59
3.36
2.51
Operating Margin (%)
43
52
67
69
76
97
90
85
85
92
102
122
131
146
164
167
- -
Depreciation Expense
141
116
94
122
162
85
-185
22
222
252
300
84
230
248
135
87
21
Net Income, GAAP
13.77
14.2
13.01
13.13
14.96
20.82
- -
20.36
11.58
10.57
11.53
10.92
10.58
5.33
- -
2.73
- -
Effective Tax Rate (%)
8.88
5.74
4.39
5.04
6.21
3.03
-7.91
0.79
5.7
6.09
7.19
1.91
4.65
4.53
2.6
1.58
0.39
Profit Margin (%)
699
525
479
965
1,116
1,748
1,732
1,504
1,343
1,235
1,215
1,663
2,260
2,247
1,645
1,635
1,435
Working Capital
181
136
40
297
298
596
524
299
1
29
178
782
1,274
1,566
1,035
- -
- -
LT Debt
1,246
1,333
1,387
1,918
2,437
2,634
2,428
2,473
2,766
2,987
3,182
3,239
3,351
3,545
3,523
4,227
4,176
Total Equity
10.78
6.44
4.43
5.24
5.55
2.21
- -
0.78
8.12
8.72
9.43
2.16
5.08
5.25
- -
1.85
- -
Return on Invested Capital (%)
10.27
7.24
6.29
6.54
6.62
3.59
- -
1.65
7.49
7.92
8.7
3.09
6.37
5.76
- -
2.34
- -
Return on Capital (%)
13.84
9.45
7.29
7.71
7.66
3.43
-7.52
0.94
8.88
9.24
10.36
2.79
7.35
7.48
3.96
2.3
0.56
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,672
2,046
1,914
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,159
1,159
1,159
Market Capitalization
6,608
6,028
5,483

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,391
6,448
6,351
Cash, Cash Equivalents & STI
468
497
537
Accounts Receivable, Net
2,133
2,271
2,261
Inventories
1,864
1,861
1,863
Total Current Liabilities
4,756
5,039
4,916
Payables & Accruals
- -
- -
- -
ST Debt
1,672
2,046
1,914
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.08%
6.08%
19.99%
Free Cash Flow
-82.45%
-127.77%
-46.5%
Net Income, GAAP
52.93%
5.72%
-35.89%
Sales/Revenue/Turnover
7.86%
5.81%
5.69%
Total Cash Common Dividend
5.24%
-0.79%
-6.57%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,299
1,399
1,305
1,189
5,192
2025
1,340
1,454
- -
1,311
5,488
2026
1,301
1,376
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.07
-0.01
0.01
0.14
2025
0.05
0.01
- -
-0.01
0.08
2026
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.09
0.01
- -
0.11
2025
0.01
0.04
- -
- -
0.09
2026
0.01
0.05
- -
- -
- -
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Business
Puyang Refractories Group Co., Ltd. (002225.SZ) engages primarily in the research, development, production, and sales of shaped, unshaped, and functional refractory products for high-temperature applications in the steel, non-ferrous metals, electric power, cement, petrochemical, and foundry industries. The company offers a comprehensive range of products including functional refractories such as skateboards, nozzles, three major pieces, seat bricks, and breathable bricks; shaped refractories comprising ladle bricks and alkaline products; unshaped refractory materials like bulk materials, impact plates, slag retaining plates, and electric furnace tops; as well as specialized refractories for electric arc furnaces (EAF), converters, RH furnaces, iron making, steel ladles, tundishes, and cement kilns. Founded in 1988 and headquartered in Puyang, Henan Province, People's Republic of China, the company operates through segments including Steel Business Management, Raw Materials Business, and Environmental Business Management, serving domestic markets and exporting to over 50 countries across six continents, with products used by 70 of the world's top 100 iron and steel enterprises. It maintains six subsidiaries focused on refractory manufacturing and stove engineering construction. In recent developments, the company completed an equity buyback program announced on February 8, 2024, repurchasing 19,283,900 shares representing 1.91% of its capital for CNY 60.01 million; participated in major industry events such as the 23rd China International Metallurgical Industry Exhibition in August 2025 to promote low-carbon refractory solutions; conducted a 2025 new graduate recruitment training program to support growth toward a CNY 10 billion revenue target; and awarded scholarships at Wuhan University of Science and Technology in May 2025 while engaging in strategic exhibitions and military support initiatives.