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    Process industries

  3. •

    Containers/Packaging
Zhejiang Zhongcheng Packing Material Co., Ltd Class A

Zhejiang Zhongcheng Packing Material Co., Ltd Class A

SSZSE:002522
4.87
CNY
+0.03
(+0.62%)
0.05EPS
80.43P/E
7.22BMarket 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
0.66
0.63
0.57
0.63
0.75
1.17
1.36
1.62
2.02
2.09
1.83
1.84
1.66
1.92
Basic EPS, GAAP
0.09
0.07
0.08
0.12
0.08
0.04
0.07
0.19
0.2
0.17
0.11
0.08
0.06
0.1
Free Cash Flow per Basic Share
-0.13
-0.04
-0.05
-0.34
-0.57
-0.29
0.1
0.3
-0.03
0.05
0.06
0.21
0.09
- -
Dividend per Share
0.18
0.08
0.06
0.05
0.13
0.1
0.08
0.12
0.13
0.07
0.07
0.07
0.05
0.07
Book Value per Share
1.35
1.54
1.56
1.64
2
1.97
2.01
2.12
2.24
2.39
2.47
2.52
2.56
2.59
Tangible Book Value per Share
1.3
1.5
1.45
1.52
1.88
1.85
1.89
2.01
2.13
2.28
2.37
2.42
2.45
2.49
Basic Weighted Avg Shares
771
860
847
862
850
898
917
893
888
902
946
927
971
870
Sales/Revenue/Turnover
506
542
484
539
635
1,049
1,246
1,449
1,796
1,884
1,728
1,710
1,608
1,673
Operating Margin (%)
14.81
8.55
12.6
19.15
8.98
2.01
8.26
14.78
12.42
10.6
7.52
4.47
4.35
6.93
Depreciation Expense
26
48
56
56
65
102
115
130
135
140
155
157
164
- -
Net Income, GAAP
73
60
68
103
68
36
64
170
178
153
104
74
58
86
Effective Tax Rate (%)
14.67
14.58
16.73
17.2
41.84
- -
185.13
21.48
21.44
19.81
26.96
53.42
73.1
39.54
Profit Margin (%)
14.46
11.12
14.01
19.19
10.71
3.42
5.15
11.7
9.89
8.14
6.02
4.34
3.62
5.16
Working Capital
251
474
431
362
738
640
529
413
10
597
516
196
211
278
LT Debt
- -
- -
- -
156
237
237
200
- -
210
296
249
148
53
38
Total Equity
1,066
1,363
1,383
1,590
2,084
1,978
1,939
2,007
2,074
2,265
2,307
2,298
2,281
2,296
Return on Invested Capital (%)
6.26
4.27
3.85
5.23
1.1
- -
-0.39
4.68
4.76
3.92
2.03
0.61
0.3
1.43
Return on Capital (%)
6.64
4.76
4.93
6.77
5.29
- -
3.63
8.57
8.4
6.89
5.07
4.37
3.59
4.43
Return on Common Equity (%)
6.69
4.98
4.95
7.3
4.17
2
3.56
9.06
8.99
7.33
4.73
3.28
2.53
3.71

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
796
794
779
LT Borrowings
53
53
38
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
906
906
906
Market Capitalization
5,109
5,145
7,219

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,241
1,279
1,288
Cash, Cash Equivalents & STI
640
654
648
Accounts Receivable, Net
116
132
135
Inventories
449
452
470
Total Current Liabilities
1,030
1,033
1,010
Payables & Accruals
- -
- -
- -
ST Debt
796
794
779
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.57%
2.66%
-0.77%
Free Cash Flow
50.3%
-33.79%
-53.23%
Net Income, GAAP
12.29%
-18.25%
-21.44%
Sales/Revenue/Turnover
14.3%
2.7%
-5.99%
Total Cash Common Dividend
8.58%
-12.79%
-21.06%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
378
425
444
463
1,710
2025
357
419
- -
429
1,608
2026
399
427
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.01
0.03
0.08
2025
0.02
0.02
- -
0.01
0.06
2026
0.02
0.04
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.04
0.01
0.01
0.07
2025
0.01
0.03
- -
0.01
0.05
2026
0.01
0.03
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
A Gen Hang
Full Time Employees
1,049
Sector
Process industries
Industry
Containers/Packaging
Address
No.1 Taishan Road Jiaxing ZH China 314100
IPO Date
Nov 30, 2010
Website
zjzhongda.com
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Business
Zhejiang Zhongcheng Packing Material Co., Ltd. (002522.SZ) manufactures and sells multi-layer co-extruded polyolefin (POF) heat-shrinkable films and related packaging solutions. The company offers POF ordinary films; POF cross-linked films, including anti-fogging cross-linked shrinkable films; POF high-performance films such as low-shrinkable films, printing shrink films, hot slip shrink films, and lidding barrier shrink films; and thermoplastic elastomer products like SEPS series hydrogenated styrene/isoprene block copolymers and special intermediate SEBS series. These products serve packaging applications for food, beverages, frozen and chilled items, cosmetics, electronics, books, and hardware tools, with customers spanning domestic China and exports to over 60 countries worldwide. Founded in 1996 and headquartered in Jiashan, Zhejiang Province, China, the company operates through subsidiaries including Zhejiang Zhongli Synthetic Materials Technology Co., Ltd. for elastomers and a joint venture, Zhejiang Zhongda Packaging Equipment Co., Ltd., which develops automated packaging production lines and shrink equipment now in early sales stages. In recent developments, the company advances import substitution via SEPS and SEBS products applied in lubricants, adult toys, shoe materials, polymer modifiers, and automotive TPE; pursues R&D on PVDF piezoelectric materials for sensors, achieving small-scale production and sample provision; and enhances automation with industrial robots in feeding and packaging while introducing humanoid robots for efficiency gains. It earned recognitions as a 2023 Yangtze River Delta Green Product Benchmark Enterprise, Zhejiang Province Growth Golden Seed Enterprise, a 2024 Zhejiang Manufacturing Individual Champion Cultivator, and a fourth-batch Zhejiang manufacturing "Cloud Enterprise." The 2024 annual report shows revenue of CNY 1.71 billion and net profit of CNY 74.17 million, alongside a final cash dividend approval payable in May 2025.