Zhuzhou Tianqiao Crane Co., Ltd. Class A

Zhuzhou Tianqiao Crane Co., Ltd. Class A

SSZSE:002523
3.41
CNY
+0.08
(+2.40%)
0.09EPS
34.66P/E
4.22BMarket 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
0.41
0.58
0.73
0.91
0.85
1.05
0.94
1.06
1.27
1.13
1.21
1.3
1.46
1.5
Basic EPS, GAAP
0.02
0.02
0.07
0.08
0.08
0.08
0.06
0.04
0.04
0.03
0.03
0.04
0.08
0.09
Free Cash Flow per Basic Share
-0.06
-0.05
0.02
0.01
0.11
-0.1
0.09
-0.01
0.02
0.17
0.22
0.21
0.15
- -
Dividend per Share
0.01
0.01
0.02
0.02
0.02
0.04
0.05
0.04
0.03
0.03
0.03
0.02
0.02
- -
Book Value per Share
0.99
0.99
1.24
1.3
1.47
1.47
1.49
1.51
1.67
1.63
1.65
1.69
1.75
1.8
Tangible Book Value per Share
0.96
0.96
1.04
1.1
1.27
1.28
1.29
1.35
1.49
1.46
1.47
1.53
1.62
1.67
Basic Weighted Avg Shares
1,131
863
1,248
1,362
1,461
1,336
1,420
1,417
1,399
1,406
1,436
1,426
1,421
1,411
Sales/Revenue/Turnover
461
502
917
1,239
1,246
1,406
1,334
1,502
1,774
1,586
1,733
1,854
2,072
2,113
Operating Margin (%)
7.78
4.01
12.29
11.82
11.17
12.31
6.88
2.06
3.67
2.94
4.37
7.15
5.76
6.99
Depreciation Expense
15
16
26
38
31
33
34
34
36
38
38
38
33
- -
Net Income, GAAP
28
14
82
107
117
107
81
58
60
41
37
53
119
121
Effective Tax Rate (%)
12.3
0.48
13.2
14.88
15.89
11.96
9.93
- -
10.58
- -
6.23
16.1
8.3
7.89
Profit Margin (%)
6
2.73
8.91
8.64
9.38
7.6
6.07
3.87
3.39
2.57
2.15
2.85
5.76
5.74
Working Capital
817
811
1,032
1,112
1,223
1,262
1,248
1,208
1,358
1,433
1,343
1,419
1,543
1,622
LT Debt
2
- -
- -
- -
- -
- -
2
7
80
86
135
48
1
1
Total Equity
1,137
1,138
1,820
1,926
2,163
2,183
2,228
2,265
2,490
2,439
2,448
2,484
2,556
2,624
Return on Invested Capital (%)
2.55
0.9
5.33
4.83
6.02
4.8
3.07
- -
2.54
- -
1.25
1.25
5.11
4.67
Return on Capital (%)
2.29
1.37
5.48
5.5
5.31
4.72
3.78
- -
2.41
- -
1.99
3.14
4.64
4.5
Return on Common Equity (%)
2.57
1.27
5.76
5.94
5.96
5.14
3.86
2.73
2.67
1.74
1.61
2.23
4.89
4.81

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
57
18
18
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,417
1,417
1,417
Market Capitalization
6,077
5,780
4,222

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,730
3,772
3,928
Cash, Cash Equivalents & STI
1,238
1,246
1,322
Accounts Receivable, Net
1,185
1,150
1,099
Inventories
664
737
847
Total Current Liabilities
2,187
2,215
2,306
Payables & Accruals
- -
- -
- -
ST Debt
57
18
18
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.54%
2.52%
2.89%
Free Cash Flow
53.72%
68.7%
-28.17%
Net Income, GAAP
10.96%
26.1%
126.32%
Sales/Revenue/Turnover
9.15%
7.11%
11.74%
Total Cash Common Dividend
5.11%
-14.77%
-14.5%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
226
463
380
785
1,854
2025
293
502
- -
800
2,072
2026
294
517
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.02
- -
- -
0.02
2025
- -
- -
- -
- -
0.02
2026
- -
- -
- -
- -
- -

Company Description

CEO
Sheng Xiang Huang
Full Time Employees
1,497
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Tianxin North Gate Zhuzhou HU China 412001
IPO Date
Nov 30, 2010
Website
tqcc.cn
Business
Zhuzhou Tianqiao Crane Co., Ltd. (002523.SZ) manufactures and sells material handling equipment, specializing in high-end cranes and intelligent systems for industries including electrolytic aluminum, steel, non-ferrous metals, construction machinery, coal preparation, ports, and power stations. The company offers PTM pot tending machines, FTM furnace tending machines, anode stacking and insulation overhead cranes, centralized overhaul transfer systems for pots, automatic storage systems for anode carbon blocks, numerical control cranes, cranes for power stations, cranes for copper electrolysis, copper smelting, lead electrolysis, zinc electrowinning and automatic treatment systems for copper slag tanks; ladle cranes, charging cranes, slab handling cranes, electromagnetic beam cranes, overhead stacking cranes, steel plate transfer cranes and graphitized new material suction/feeding cranes; as well as ship unloaders, gantry cranes for containers, unidirectional gantry cranes for hydropower stations, quay cranes, three-dimensional parking equipment, coal washing equipment, vacuum air snowmaking equipment and complete non-ferrous smelting equipment. Founded in 1956 as Zhuzhou Lifting Equipment Factory and listed on the Shenzhen Stock Exchange in December 2010 as the first crane company in China to do so, the company is headquartered in Zhuzhou City, Hunan Province, China, with major shareholders including state-owned enterprises such as Zhuzhou State Investment Corporation, CRRC Group, Chinalco Group and Huadian Power Company; it operates domestically and exports to countries including Germany, Italy, India, Oman, Russia, Malaysia, Vietnam, Indonesia, Zambia and Venezuela. In recent developments, Zhuzhou Tianqiao Crane completed the acquisition of Hangzhou Huaxin Mechanical Electrical Engineering Co Ltd from China Huadian Electric Power, expanding its capabilities in mechanical and electrical engineering solutions. The company continues to advance intelligent manufacturing with innovations such as the slag package slow-cooling field automatic sprinkler crane system for complex multi-crane operations in aluminum smelting, alongside ongoing investments in R&D featuring over 300 technical personnel, more than 40 independent intellectual property rights and a product service cloud platform for real-time equipment monitoring, data analysis and predictive maintenance.