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    Process industries

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    Chemicals: specialty
Longxing Technology Group Co. Ltd. Class A

Longxing Technology Group Co. Ltd. Class A

SSZSE:002442
4.89
CNY
+0.03
(+0.62%)
0.07EPS
72.03P/E
2.48BMarket Cap
Longxing Technology Group Co. Ltd. Class A
SZSE:002442
(Shenzhen Stock Exchange)

Recent

price

4.89

P/E

ratio

72.03

div

yld

4.11%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
3.07
4.18
3.96
4.88
5.09
3.62
3.84
5.63
6.43
5.84
4.78
7.16
9.46
8.81
8.91
8.74
9.13
Revenue per Share
0.17
0.25
0.09
0.04
0.03
-0.17
0.06
0.1
0.28
0.04
0.16
0.36
0.22
0.23
0.3
0.08
0.07
Basic EPS, GAAP
-0.47
-0.55
-0.9
0.28
0.2
0.12
0.36
0.51
0.39
1.08
0.46
-0.11
0.04
-0.59
-0.9
0.09
- -
Free Cash Flow per Basic Share
0.09
0.19
0.28
0.18
0.23
0.17
0.12
0.1
0.09
0.17
0.08
0.07
0.18
0.11
0.23
0.2
0.2
Dividend per Share
2.21
2.38
2.34
2.37
2.37
2.2
2.26
2.36
2.64
2.58
2.74
3.07
3.24
3.51
3.66
3.64
3.73
Book Value per Share
2.09
2.2
2.16
2.2
2.08
1.92
1.98
2.1
2.37
2.42
2.64
2.93
3.1
3.09
3.26
3.13
3.23
Tangible Book Value per Share
435
489
489
481
479
480
480
480
480
481
480
480
482
485
489
492
495
Basic Weighted Avg Shares
1,334
2,043
1,940
2,344
2,438
1,737
1,843
2,702
3,086
2,806
2,296
3,439
4,560
4,272
4,355
4,296
4,518
Sales/Revenue/Turnover
8.79
9.51
5.08
4.22
2.74
-0.05
4.61
7.43
6.98
2.9
7.31
8.24
3.59
4.61
5.12
2.37
2.41
Operating Margin (%)
41
63
90
108
119
126
117
118
123
125
127
121
107
97
94
149
- -
Depreciation Expense
73
122
44
20
15
-82
31
50
133
19
77
172
104
110
146
40
34
Net Income, GAAP
14.65
16.12
12
20.57
- -
- -
31.9
33.08
13.88
16.27
20.41
12.02
9.03
12.58
9.72
- -
- -
Effective Tax Rate (%)
5.44
5.98
2.27
0.83
0.62
-4.75
1.67
1.85
4.3
0.69
3.37
4.99
2.27
2.58
3.34
0.92
0.75
Profit Margin (%)
508
398
-43
-155
-305
-459
-279
-134
50
55
217
615
701
730
1,547
1,133
1,609
Working Capital
50
46
50
131
108
6
9
7
26
37
- -
119
176
375
1,437
1,183
1,629
LT Debt
1,059
1,223
1,201
1,140
1,137
1,054
1,109
1,134
1,266
1,237
1,315
1,507
1,589
1,722
1,842
1,834
1,878
Total Equity
5.32
5.91
1.15
- -
- -
- -
0.72
2.43
7.1
1.03
4.4
8.86
4.67
4.04
4.17
- -
- -
Return on Invested Capital (%)
8.16
8.91
4.71
3.41
- -
- -
2.97
4.44
9.28
5.31
7.76
11.46
5.87
5.38
5.61
- -
- -
Return on Capital (%)
9.95
11.11
3.89
1.72
1.32
-7.52
2.88
4.51
11.06
1.54
6.07
12.17
6.7
6.67
8.17
2.15
1.81
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
698
780
702
LT Borrowings
1,183
1,489
1,629
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
503
503
503
Market Capitalization
3,125
2,934
2,482

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,306
2,697
2,790
Cash, Cash Equivalents & STI
204
146
314
Accounts Receivable, Net
933
981
1,235
Inventories
565
741
671
Total Current Liabilities
1,173
1,236
1,180
Payables & Accruals
- -
- -
- -
ST Debt
698
780
702
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.81%
7%
-0.4%
Free Cash Flow
-175.86%
-420.16%
-110.26%
Net Income, GAAP
35.53%
9.5%
-72.81%
Sales/Revenue/Turnover
11.63%
15.33%
-1.37%
Total Cash Common Dividend
18.67%
40.77%
-9.81%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,001
1,035
1,088
1,232
4,355
2025
1,061
1,061
- -
1,055
4,296
2026
1,035
1,367
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.07
0.1
0.06
0.3
2025
0.06
0.04
- -
-0.04
0.08
2026
0.02
0.05
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.16
0.02
0.02
0.23
2025
0.02
0.14
- -
0.02
0.2
2026
0.02
0.02
- -
- -
- -
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Business
Longxing Technology Group Co., Ltd. Longxing Technology Group Co., Ltd. (002442.SZ), founded in January 1994 and headquartered in Shahe, Hebei Province, China, manufactures and sells specialty chemicals primarily for the rubber and tire industries; its core products include carbon black in six major series (N100, N200, N300, N500, N600, N700) encompassing over 20 categories of soft and hard wet-process variants used in all-steel and semi-steel radial tires, inner tubes, door and window sealing strips, oil pipes, shock absorbers, brake pads, and other rubber products, as well as in building materials, electronics, paper, plastics, color masterbatches, paint, fuel, chemical fibers, inks, and papermaking; precipitated silica in high-dispersing TS series for tire and rubber reinforcement and filling, and feed-grade silica series serving as carriers, glidants, and anti-caking agents in feed additives; carbon black oil; polyvinylidene fluoride (PVDF); electricity generated from waste heat (101 MWh capacity); steam; and ancillary offerings such as plastic woven products and warehousing services. The company operates an annual production capacity of 620,000 tons of carbon black and 35,000 tons of silica with approximately 1,600 employees across facilities in China, exporting to North America, Europe, Southeast Asia, and serving major tire manufacturers including Michelin, Goodyear, Hankook, Giti, Bridgestone, Continental, Sumitomo, Aeolus, ZC, Double Coin, Dawang, and Shandong; it holds certifications such as ISO9001-2015, FAMI-QS, and a feed additive production license, and has earned recognitions as a National Key Hi-tech Enterprise, National "Little Giant" in niche markets, National Green Factory, Hebei Eco-friendly Enterprise, Hebei Government Quality Award recipient, and 2024 Hebei Provincial Industrial Internet Benchmark Demonstration Factory. In July 2024, Longxing Technology Group Co., Ltd. signed a letter of intent and framework agreement to acquire 55% equity in Anshan Chemical Industry Co., Ltd. (China National Tire & Rubber Co. (Anshan)) and Chongqing Carbon Black Co., Ltd. (China National Tire & Rubber Co. (Chongqing)) from Sinochem International (Singapore) Co., Ltd. using cash, marking a strategic expansion in carbon black production assets; the company changed its name from Longxing Chemical Stock Co., Ltd. to Longxing Technology Group Co., Ltd. in January 2025 to reflect its broadened technological focus; and in 2024, it reported revenue of 4.355 billion yuan, up 1.95% year-over-year, while maintaining long-term supply relationships with leading tire companies.