Shandong Chiway Industry Development Co., Ltd. Class A

Shandong Chiway Industry Development Co., Ltd. Class A

SSZSE:002374
3.05
CNY
+0.02
(+0.66%)
-0.30EPS
3.62BMarket Cap
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
1.59
1.63
1.9
2.25
2.06
1.42
1.39
0.65
0.63
0.77
0.66
0.6
0.52
0.48
Basic EPS, GAAP
0.09
0.07
0.17
0.2
0.1
-0.9
0.04
-0.19
-0.61
-0.63
-0.15
-0.24
-0.24
-0.3
Free Cash Flow per Basic Share
-0.33
-0.12
-0.48
-0.78
-0.71
-0.58
0.16
- -
0.19
- -
0.01
0.02
0.01
- -
Dividend per Share
0.12
0.07
0.05
0.08
0.1
0.11
0.12
0.14
0.11
0.07
0.07
0.06
0.05
0.05
Book Value per Share
1.92
2.57
2.74
3.56
3.63
2.73
2.76
2.49
1.87
1.24
1.1
0.86
0.63
0.47
Tangible Book Value per Share
1.84
2.12
2.19
3.1
3.17
2.56
2.57
2.34
1.81
1.19
1.05
0.81
0.58
0.42
Basic Weighted Avg Shares
416
431
714
778
901
878
845
945
1,086
1,091
1,071
1,069
1,064
1,086
Sales/Revenue/Turnover
661
702
1,357
1,749
1,858
1,248
1,173
616
683
841
711
636
557
524
Operating Margin (%)
10.25
8.4
10.65
11.29
7.2
-2.6
3.05
-13.51
-27.58
2.5
-2
-4.05
-4.21
-2.92
Depreciation Expense
42
62
74
81
87
105
85
85
66
58
50
53
53
- -
Net Income, GAAP
38
31
121
156
90
-790
34
-179
-662
-687
-161
-257
-255
-322
Effective Tax Rate (%)
22.74
26.16
12.71
15.5
11.6
- -
27.58
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
5.73
4.47
8.94
8.9
4.85
-63.29
2.88
-29.13
-97.04
-81.74
-22.61
-40.32
-45.84
-61.53
Working Capital
112
517
-56
720
437
-153
-73
888
928
538
415
268
-74
99
LT Debt
- -
34
6
3
246
417
838
911
745
695
629
559
287
593
Total Equity
834
1,894
2,012
3,146
3,210
2,520
2,559
2,842
2,162
1,324
1,147
882
621
444
Return on Invested Capital (%)
3.22
1.68
4.63
4.35
2.09
- -
0.81
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
4.39
2.46
5.93
5.84
3.35
- -
2.92
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
4.7
2.34
6.29
6.09
2.86
-28.31
1.4
-7
-27.9
-40.5
-12.62
-24.07
-31.53
-46.17

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
591
310
329
LT Borrowings
287
593
593
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,085
1,085
1,085
Market Capitalization
3,907
3,559
3,625

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,051
1,970
1,955
Cash, Cash Equivalents & STI
72
82
62
Accounts Receivable, Net
1,619
1,605
1,602
Inventories
122
138
143
Total Current Liabilities
2,125
1,881
1,857
Payables & Accruals
- -
- -
- -
ST Debt
591
310
329
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-7.92%
-25.74%
-29.55%
Free Cash Flow
478.27%
988.77%
-47.29%
Net Income, GAAP
-147.06%
51.08%
-0.44%
Sales/Revenue/Turnover
-5.57%
-0.88%
-12.43%
Total Cash Common Dividend
7.86%
-15.82%
-23.55%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
166
149
144
177
636
2025
138
130
- -
154
557
2026
134
106
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
-0.01
-0.02
-0.16
-0.24
2025
-0.05
-0.02
- -
-0.15
-0.24
2026
-0.11
-0.01
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
Zhou Kexuan
Full Time Employees
1,219
Sector
Non-energy minerals
Industry
Aluminum
Address
No.1 Lipeng Road Yantai SD China 200335
IPO Date
Mar 22, 2010
Business
Shandong Chiway Industry Development Co.,Ltd operates primarily in the packaging and ecological landscape engineering industries, manufacturing and selling aluminum anti-counterfeiting bottle caps, composite anti-counterfeiting printed aluminum plates, and various printing aluminum plates, along with coating printing, anti-fake and anti-theft aluminum caps, advanced closures manufacturing machines, plastic caps, and aluminum-plastic caps. The company also engages in ecological landscape engineering services including project planning, landscape design and construction, antique building preservation, water pollution control, soil restoration, greening maintenance, and flower and seedling production and operation. Founded in 1995 and headquartered in Yantai, China, Shandong Chiway Industry Development supplies its packaging products to industries such as spirits, wine, beverage, mineral water, olive oil, cosmetics, and pharmaceuticals, while its landscaping services target ecological restoration and environmental management markets primarily in China. Recent major developments include the continuation and updating of its equity buyback plan announced in July 2024 and maintaining operations amid net income losses projected in 2024. The company combines its traditional packaging product manufacturing with expanded ecological environment treatment and landscaping services, demonstrating a strategic diversification within its core competencies and target markets. It employs approximately 1,351 employees and operates as a comprehensive solutions provider for both packaging and ecological engineering sectors. This reflects a balance between industrial manufacturing and environmental service businesses with a focus on innovation in anti-counterfeiting technologies and ecological sustainability.