Tianrun Industry Technology Co., Ltd. Class A

Tianrun Industry Technology Co., Ltd. Class A

SSZSE:002283
7.18
CNY
+0.25
(+3.61%)
0.40EPS
23.68P/E
11.00BMarket Cap
Oct 28Next 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
1.4
1.46
1.46
1.59
2.7
2.98
3.16
3.92
4.27
2.77
3.59
3.15
3.65
4.2
Basic EPS, GAAP
0.09
0.12
0.13
0.17
0.3
0.3
0.31
0.45
0.49
0.18
0.35
0.29
0.33
0.41
Free Cash Flow per Basic Share
-0.23
0.01
0.13
0.07
-0.26
0.41
0.02
0.2
0.39
0.18
0.58
0.36
0.53
- -
Dividend per Share
0.03
0.05
0.05
0.05
0.05
0.08
0.06
0.05
0.06
0.1
0.06
0.23
0.25
0.22
Book Value per Share
2.74
2.85
3
3.17
3.46
3.75
4.05
4.43
4.85
4.94
5.29
5.31
5.35
5.37
Tangible Book Value per Share
2.59
2.65
2.81
2.98
3.28
3.56
3.83
4.19
4.55
4.64
5
5.03
5
5.02
Basic Weighted Avg Shares
1,123
1,111
1,156
1,143
1,117
1,141
1,141
1,129
1,105
1,131
1,117
1,147
1,115
1,120
Sales/Revenue/Turnover
1,570
1,620
1,690
1,822
3,021
3,405
3,603
4,428
4,721
3,136
4,006
3,617
4,071
4,699
Operating Margin (%)
8.44
9.53
10.91
12.24
15.1
13.15
13.02
14.62
13.28
7.79
11.13
10.19
10.59
11.4
Depreciation Expense
136
175
207
232
266
283
322
338
341
356
375
364
373
- -
Net Income, GAAP
101
133
150
194
335
342
354
508
541
204
391
333
368
456
Effective Tax Rate (%)
12.87
13.38
13.05
13.66
13.71
15.03
10.9
11.98
10.94
3.86
7.13
7.58
9.34
8.72
Profit Margin (%)
6.44
8.23
8.89
10.67
11.09
10.05
9.82
11.47
11.47
6.49
9.75
9.19
9.04
9.71
Working Capital
211
138
206
349
624
842
1,102
1,539
1,791
2,090
2,643
2,858
2,737
2,761
LT Debt
- -
- -
- -
- -
99
99
98
41
37
33
29
25
26
18
Total Equity
3,125
3,251
3,422
3,625
3,976
4,225
4,571
5,047
5,555
5,648
6,045
6,072
6,124
6,151
Return on Invested Capital (%)
2.35
3
3.35
3.99
7.2
6.75
7.24
9.02
8.76
3.27
6.07
5.22
5.79
6.93
Return on Capital (%)
3.17
3.82
4.14
5.01
7.62
7.51
7.45
9.4
9
3.22
6.28
5.27
5.89
7.19
Return on Common Equity (%)
3.34
4.26
4.59
5.62
8.99
8.43
8.04
10.59
10.26
3.65
6.71
5.51
6.06
7.44

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
114
106
462
LT Borrowings
6
6
- -
LT Finance Leases
20
19
18
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,139
1,139
1,139
Market Capitalization
7,110
10,312
10,996

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,736
4,882
5,253
Cash, Cash Equivalents & STI
1,044
911
732
Accounts Receivable, Net
1,356
1,493
1,560
Inventories
1,617
1,632
1,644
Total Current Liabilities
2,000
2,008
2,492
Payables & Accruals
- -
- -
- -
ST Debt
114
106
462
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.06%
4.02%
0.86%
Free Cash Flow
41.3%
52.14%
45.08%
Net Income, GAAP
18.27%
6.37%
10.62%
Sales/Revenue/Turnover
11.87%
0.72%
12.55%
Total Cash Common Dividend
37.32%
71.74%
8.31%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
963
937
866
850
3,617
2025
1,001
944
- -
1,170
4,071
2026
1,266
1,319
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.08
0.07
0.06
0.29
2025
0.09
0.09
- -
0.08
0.33
2026
0.13
0.11
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.23
- -
- -
0.23
2025
- -
- -
- -
- -
0.25
2026
- -
0.22
- -
- -
- -

Company Description

CEO
Cheng Fei Xu
Full Time Employees
3,931
Sector
Consumer durables
Industry
Motor vehicles
Address
No. 2-13, Tianrun Road Weihai SD China 264400
IPO Date
Aug 11, 2009
Business
Tianrun Industry Technology Co., Ltd. (002283.SZ) manufactures and sells internal combustion engine crankshafts and connecting rods under the Tian brand; passenger car, light-duty, medium-duty, heavy-duty, and marine engine crankshafts; expanding and breaking connecting rods, saw-off connecting rods; castings and forgings including rough and finished products; commercial vehicle air suspensions; wind power products such as transmission housings, planetary gear carriers, generator motor housings, and hub assemblies; construction machinery components; hydraulic parts; tooling and die manufacturing; automation and intelligent equipment; and technical services. Founded in 1954 and headquartered in Weihai City, Shandong Province, China, the company operates primarily in the automotive and engine components industry, serving heavy-duty vehicles, light trucks, commercial vehicles, marine applications, wind power, and construction machinery sectors with products distributed domestically and internationally to markets including Korea, India, Turkey, the UK, Italy, Japan, and the US. As China's largest professional manufacturer of crankshafts and connecting rods, it maintains subsidiaries such as Wendeng Hengrun Forging Co., Ltd., Weifang Tianrun Crankshaft Co., Ltd., and Tianrun Intelligent Control System Integration Co., Ltd., employs over 3,600 staff, and holds total assets exceeding CNY 8 billion. In recent developments, the company completed the first phase of its acquisition of Shandong Altai (Aertai) Auto Parts Co., Ltd. for approximately CNY 135-140 million in September 2025 to expand into lightweight materials and die-casting capabilities; initiated share repurchases totaling over 4.6 million shares by August 2025 and authorized further buybacks in March 2025; reported steady first-half 2025 performance growth amid tight production capacity for large crankshafts and connecting rods; and changed its name from Tianrun Crankshaft Co., Ltd. in April 2020 to reflect its diversified industrial technology focus.