Fujian Nanping Sun Cable Co., Ltd. Class A

Fujian Nanping Sun Cable Co., Ltd. Class A

SSZSE:002300
7.48
CNY
+0.36
(+5.06%)
0.01EPS
87.68P/E
4.88BMarket Cap
Fujian Nanping Sun Cable Co., Ltd. Class A
SZSE:002300
(Shenzhen Stock Exchange)

Recent

price

7.48

P/E

ratio

87.68

div

yld

0.78%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
3.24
4.83
5.24
4.7
4.67
4.93
4.88
5.67
7.07
9.66
10.99
15.54
18.14
18.75
19
16.65
17.98
Revenue per Share
0.17
0.17
0.17
0.19
0.23
0.25
0.22
0.14
0.16
0.27
0.26
0.22
0.3
0.24
0.13
0.12
0.08
Basic EPS, GAAP
-0.58
-0.45
0.1
0.31
0.16
-0.03
0.34
0.02
-0.39
0.71
0.37
0.07
-0.66
-0.57
0.25
0.31
- -
Free Cash Flow per Basic Share
0.15
0.2
0.25
0.25
0.26
0.26
0.21
0.22
0.25
0.19
0.19
0.2
0.21
0.18
0.24
0.17
0.06
Dividend per Share
1.47
1.52
1.56
1.6
1.69
1.77
1.85
1.84
1.85
2.05
2.22
2.32
2.48
2.63
2.61
2.62
2.63
Book Value per Share
1.4
1.44
1.47
1.43
1.53
1.51
1.6
1.59
1.61
1.81
1.98
2.04
2.15
2.15
2.14
2.16
2.18
Tangible Book Value per Share
722
722
722
714
719
730
713
722
722
722
722
722
722
722
722
722
722
Basic Weighted Avg Shares
2,337
3,488
3,786
3,360
3,354
3,603
3,479
4,095
5,105
6,975
7,941
11,225
13,103
13,545
13,720
12,031
12,987
Sales/Revenue/Turnover
7.19
6.32
6.62
6.66
6.68
6.13
6.87
4.47
5.18
5.01
4.62
2.72
2.76
2.44
1.29
1.38
0.88
Operating Margin (%)
23
30
45
63
76
84
95
99
104
111
110
109
107
104
123
154
- -
Depreciation Expense
120
125
125
139
166
181
155
102
113
194
190
159
213
177
91
83
56
Net Income, GAAP
16.86
15.27
24.39
23.76
26.15
24.82
24.92
24.63
24.67
24.15
24.33
22.95
23.79
25.57
34.21
45.99
93.87
Effective Tax Rate (%)
5.12
3.58
3.3
4.13
4.96
5.03
4.46
2.49
2.21
2.78
2.39
1.41
1.63
1.3
0.66
0.69
0.43
Profit Margin (%)
477
186
101
60
38
-49
82
-42
-96
104
834
971
749
927
626
604
551
Working Capital
30
- -
- -
- -
- -
- -
10
- -
- -
- -
541
601
485
1,017
839
819
739
LT Debt
1,099
1,136
1,175
1,202
1,269
1,328
1,399
1,395
1,415
1,570
1,722
1,864
2,169
2,321
2,293
2,289
2,266
Total Equity
7.79
5.83
4.95
4.7
4.6
4.54
5.31
4.53
4.47
6.86
7.26
5.88
6.48
4.23
1.68
1.35
0.08
Return on Invested Capital (%)
8.12
8.24
7.6
7.8
9.17
9.05
7.62
5.19
5.83
7.88
6.69
5.73
6.73
5.16
3.13
2.8
2.22
Return on Capital (%)
11.36
11.55
11.24
12.14
14
14.5
11.88
7.64
8.46
13.77
12.33
9.67
12.29
9.56
4.8
4.4
2.92
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,522
1,675
2,120
LT Borrowings
819
751
739
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
722
722
722
Market Capitalization
6,645
6,927
4,883

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,832
3,997
4,062
Cash, Cash Equivalents & STI
920
785
829
Accounts Receivable, Net
1,514
1,392
1,555
Inventories
1,001
1,131
1,228
Total Current Liabilities
3,229
3,462
3,511
Payables & Accruals
- -
- -
- -
ST Debt
1,522
1,675
2,120
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.74%
6.04%
-0.16%
Free Cash Flow
-465.63%
-260.53%
23.1%
Net Income, GAAP
-2.43%
-11.26%
-8.54%
Sales/Revenue/Turnover
13.99%
10.09%
-12.31%
Total Cash Common Dividend
-2.61%
0.11%
-29.49%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,803
3,533
3,863
3,521
13,720
2025
2,508
3,237
- -
3,090
12,031
2026
3,081
3,579
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.05
0.05
-0.01
0.13
2025
0.03
0.05
- -
- -
0.12
2026
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.02
0.18
0.01
0.24
2025
0.02
0.02
- -
0.01
0.17
2026
0.02
0.01
- -
- -
- -
Business
Fujian Nanping Sun Cable Co., Ltd. Fujian Nanping Sun Cable Co., Ltd. (002300.SZ) engages primarily in the research, manufacture, and sale of wires and cables in China, operating through segments including wire and cable production, copper rod manufacturing, and ancillary services such as accommodation, catering, and hardware wholesale. The company offers an extensive portfolio of products, including aluminum alloy conductor cross-linked polyethylene insulated power cables up to 500KV and below, nuclear power plant cables, wind power cables, 35-500KV submarine power cables, submarine optoelectronic composite cables, flexible DC submarine cables, photovoltaic cables, overhead insulated cables, control cables, computer cables, automotive wires, mining cables, locomotive cables, radio frequency cables, irradiation cross-linked halogen-free low-smoke flame-retardant polyolefin insulated wire and cable series, low-smoke flame-retardant polyolefin insulated wire and cable series, rubber sheathed flexible cables, PVC insulated wires and power cables, steel core aluminum stranded wires, silicone rubber insulated cables, marine cables, and metal-sheathed inorganic mineral-insulated cables; these products serve applications in electric energy transmission, information transmission, motors, electrical appliances, instruments, offshore wind power, construction, equipment, and data transmission primarily targeting domestic markets with operations based in Fujian Province. Founded in 1958 and headquartered in Nanping, China, the company listed on the Shenzhen Stock Exchange in 2009 and maintains production facilities in the Nanping industrial area. Recent developments include the establishment in March 2025 of a 30 million yuan joint venture, Fujian Nanping Sun Gaoxin Cable Materials Co., Ltd., with Hangzhou Gaoxin Rubber & Plastic Materials Co., Ltd. to produce rubber and plastic materials for supply chain stability; expansion via Sun Submarine Cable (Dongshan) Co., Ltd., a joint venture with Fujian Three Gorges Group, Zhangfa New Energy, and Dongshan Kaitou Group, featuring eight production lines for 750kV submarine power cables, optoelectronic composites, flexible DC cables, and 110kV+ land high-voltage cables with annual capacities of 1200km submarine and 200km land cables; and the release of FY2025 nine-month earnings on October 27, 2025, reporting revenue of CNY 8.941 billion and EPS of CNY 0.1176 amid ongoing focus on submarine and renewable energy cable segments.