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Beijing Lier High-Temperature Materials Co., Ltd. Class A

Beijing Lier High-Temperature Materials Co., Ltd. Class A

SSZSE:002392
6.65
CNY
-0.05
(-0.75%)
0.45EPS
18.06P/E
9.61BMarket Cap
Oct 29Next 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
1.33
1.58
1.47
1.53
1.95
2.69
3.14
3.65
4.16
4.05
4.77
5.36
5.91
6.14
Basic EPS, GAAP
0.16
0.17
-0.04
0.12
0.14
0.28
0.35
0.38
0.34
0.22
0.33
0.27
0.34
0.45
Free Cash Flow per Basic Share
0.12
-0.08
-0.15
0.02
0.05
-0.13
0.23
-0.01
-0.11
0.36
-0.19
0.11
0.07
- -
Dividend per Share
0.03
0.03
0.04
0.02
0.05
0.05
0.03
0.04
- -
- -
0.04
0.08
0.04
0.01
Book Value per Share
2.3
2.45
2.38
2.51
2.64
2.87
3.2
3.46
3.88
4.1
4.41
4.5
4.89
5.18
Tangible Book Value per Share
2.14
1.94
1.99
2.15
2.32
2.5
3.14
3.27
3.47
3.82
4.14
4.23
4.57
4.86
Basic Weighted Avg Shares
1,115
1,193
1,197
1,229
1,174
1,190
1,190
1,180
1,181
1,165
1,187
1,180
1,179
1,183
Sales/Revenue/Turnover
1,481
1,882
1,765
1,879
2,288
3,197
3,742
4,311
4,911
4,719
5,666
6,327
6,970
7,268
Operating Margin (%)
12.24
12.41
8.73
12.34
11.76
15.73
13.61
11.88
10.3
6.66
10.1
6.89
5.58
4.7
Depreciation Expense
34
58
62
64
64
67
81
88
99
124
138
143
155
- -
Net Income, GAAP
173
203
-46
148
164
333
416
453
398
256
392
319
401
528
Effective Tax Rate (%)
16.4
17.38
- -
20.13
13.63
19.1
13.23
12.14
8.73
9.9
11.82
11.2
8.74
5.79
Profit Margin (%)
11.68
10.78
-2.63
7.85
7.18
10.42
11.11
10.51
8.1
5.43
6.91
5.04
5.75
7.27
Working Capital
1,566
1,531
2,082
2,331
2,469
2,085
2,318
2,655
2,883
3,098
3,475
3,571
3,884
4,260
LT Debt
- -
- -
548
549
548
- -
- -
100
6
3
- -
128
95
534
Total Equity
2,759
2,934
2,858
3,008
3,152
3,429
3,814
4,129
4,627
4,975
5,351
5,460
5,979
6,312
Return on Invested Capital (%)
6.54
6.23
- -
4.35
4.48
9.81
12.66
11.76
9.35
5.25
7.73
5.94
6.77
8.05
Return on Capital (%)
7.23
7.07
- -
4.91
5.25
9.5
11.31
11.24
9.02
5.18
7.3
5.39
6.49
8.2
Return on Common Equity (%)
7.3
7.13
-1.6
5.03
5.34
10.14
11.51
11.44
9.11
5.39
7.73
6
7.17
9.08

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
539
530
254
LT Borrowings
95
95
534
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,190
1,190
1,190
Market Capitalization
8,905
8,238
9,607

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8,293
8,231
8,377
Cash, Cash Equivalents & STI
1,934
1,633
1,759
Accounts Receivable, Net
2,827
3,083
2,968
Inventories
1,686
1,709
1,751
Total Current Liabilities
4,409
4,296
4,117
Payables & Accruals
- -
- -
- -
ST Debt
539
530
254
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.7%
7.74%
9.49%
Free Cash Flow
49.38%
240.99%
-35.45%
Net Income, GAAP
-25.82%
2.44%
25.86%
Sales/Revenue/Turnover
15.21%
10.38%
10.17%
Total Cash Common Dividend
783.24%
1,555.48%
-48.39%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,510
1,675
1,821
1,338
6,327
2025
1,669
1,787
- -
1,525
6,970
2026
1,875
2,081
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.11
0.08
0.01
0.27
2025
0.11
0.08
- -
0.04
0.34
2026
0.11
0.21
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.06
- -
0.01
0.08
2025
- -
- -
- -
- -
0.04
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hao Yan
Full Time Employees
2,737
Sector
Non-energy minerals
Industry
Steel
Address
Building 4, Xiaotangshan Industrial Park Beijing BE China 102211
IPO Date
Apr 26, 2010
Website
bjlirr.com
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Business
Beijing Lier High-temperature Materials Co., Ltd. (002392.SZ) manufactures and sells refractories and high-temperature materials for industries including iron and steel, nonferrous metals, petrochemicals, and construction materials; its core products encompass unshaped refractories, machine-pressed shaped refractory products, preformed refractory units, functional refractories such as purging plugs and continuous casting nozzles, ceramic fiber products, fused high-purity oxides including white corundum, fused magnesia alumina spinel, activated alumina micro powder, and homogenized bauxite, as well as raw materials and metallurgical furnace materials. Founded in 2000 and headquartered in Changping Industry Zone, Zhongguancun Science and Technology Park, Beijing, China, the company operates over twenty subsidiaries such as Luoyang Lirr, Shanghai Lirr, Rizhao Lirr, Haicheng Lirr, and Baogang Lirr, which are national high-tech enterprises providing research, development, design, manufacturing, installation, construction, maintenance, and technical services for high-temperature thermal equipment via a full-package contracting model; it maintains production bases in Liaoning for magnesium materials, Henan for aluminum-silicon materials, coastal sales and service hubs, and overseas operations, serving domestic customers across nearly all Chinese provinces and international markets in Russia, Turkey, Vietnam, the United Kingdom, Kazakhstan, Indonesia, and others. In recent developments, the company increased its stake in Baogang Lier high-temperature materials joint venture to 70% through a 32.6 million yuan acquisition of 20% equity in May 2025, elevating it to a consolidated subsidiary; it acquired Hubei Yejing New Material Co., Ltd. and Qinhuangdao Shougang Kurosaki Refractories Co., Ltd. in 2024 and 2023 respectively to expand its refractory layout, signed strategic cooperation agreements with Jianlong Group in 2023 and SenseTime in recent periods, established a Malaysian subsidiary in 2022, launched Haicheng Lirr's 250,000-ton green magnesium-based production line in 2022, and completed a share repurchase of 2.12% of its shares. The company, a national environmental performance A-level enterprise, intelligent manufacturing demonstration factory, and intellectual property demonstration entity, reported revenue of 5.446 billion yuan and sales volume exceeding 650,000 tons in the first three quarters of 2025, with a 3.0% domestic market share by output in 2024.