Shandong Mining Machinery Group Co., Ltd. Class A

Shandong Mining Machinery Group Co., Ltd. Class A

SSZSE:002526
2.80
CNY
+0.10
(+3.70%)
0.04EPS
68.24P/E
4.56BMarket 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
0.94
0.94
0.7
0.55
0.9
1.05
1.22
1.17
1.12
1.46
1.57
1.26
1.22
1.2
Basic EPS, GAAP
0.03
- -
-0.17
0.01
0.05
0.09
0.11
0.06
0.03
0.07
0.1
0.06
0.07
0.04
Free Cash Flow per Basic Share
-0.11
-0.04
0.05
0.08
0.1
0.09
0.18
0.19
-0.05
-0.23
-0.25
-0.01
-0.13
- -
Dividend per Share
0.03
0.04
0.04
0.02
0.01
0.02
0.01
0.02
0.01
- -
0.01
0.03
0.01
- -
Book Value per Share
1.27
1.26
1.1
1.1
1.28
1.37
1.48
1.53
1.55
1.61
1.71
1.75
1.81
1.81
Tangible Book Value per Share
1.13
1.12
0.96
0.97
0.93
1.02
1.17
1.3
1.42
1.49
1.52
1.56
1.63
1.63
Basic Weighted Avg Shares
1,544
1,548
1,543
1,544
1,544
1,781
1,783
1,783
2,035
1,648
1,718
1,891
1,751
1,721
Sales/Revenue/Turnover
1,455
1,454
1,076
857
1,382
1,874
2,178
2,090
2,286
2,405
2,698
2,380
2,128
2,073
Operating Margin (%)
5.61
5.49
-0.19
-2.17
8.65
13.17
18.04
15.93
12.8
10.66
10.91
6.64
5.5
4.96
Depreciation Expense
72
94
86
78
73
68
66
65
68
62
63
82
95
- -
Net Income, GAAP
46
3
-268
11
71
153
190
106
61
115
172
113
123
65
Effective Tax Rate (%)
12.53
44.62
- -
2.8
21.95
20.14
27.85
39.3
- -
23.89
25.08
13.68
24.32
26.62
Profit Margin (%)
3.15
0.18
-24.88
1.25
5.16
8.14
8.7
5.05
2.67
4.8
6.37
4.77
5.76
3.12
Working Capital
915
978
744
897
1,104
1,304
1,553
1,730
1,729
1,705
1,639
1,501
1,523
1,520
LT Debt
18
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
Total Equity
2,040
2,059
1,768
1,776
2,335
2,494
2,677
2,772
2,806
2,914
3,084
3,168
3,303
3,295
Return on Invested Capital (%)
1.09
0.09
- -
-1.87
3.12
7.61
7.66
4.46
- -
4.01
5.35
3.84
2.75
2.07
Return on Capital (%)
3.36
0.78
- -
1.6
3.13
5.55
7.36
3.49
- -
3.95
5.36
3.3
3.27
1.61
Return on Common Equity (%)
2.35
0.13
-14.69
0.63
3.58
6.47
7.47
3.94
2.22
4.09
5.81
3.68
3.86
2.02

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
260
321
431
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,783
1,783
1,783
Market Capitalization
6,418
6,418
4,564

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,491
3,605
3,924
Cash, Cash Equivalents & STI
845
736
784
Accounts Receivable, Net
1,103
1,081
1,152
Inventories
1,180
1,386
1,629
Total Current Liabilities
1,967
2,072
2,404
Payables & Accruals
- -
- -
- -
ST Debt
260
321
431
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.75%
3.58%
4.27%
Free Cash Flow
182.92%
328.63%
1,583.78%
Net Income, GAAP
62.71%
13.96%
8.07%
Sales/Revenue/Turnover
9.31%
0.88%
-10.57%
Total Cash Common Dividend
-141.32%
-300.84%
-59.18%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
416
751
542
671
2,380
2025
435
612
- -
625
2,128
2026
365
472
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.03
0.01
- -
0.06
2025
0.03
0.03
- -
0.01
0.07
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.03
- -
0.03
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -

Company Description

CEO
Xing Chun Zhang
Full Time Employees
2,640
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
Mining Machinery Industrial Park Weifang SD China 262400
IPO Date
Dec 7, 2010
Website
sdkjjt.com
Business
Shandong Mining Machinery Group Co., Ltd. (002526.SZ) manufactures and sells coal mining machinery and related equipment primarily in China with international operations. The company produces core products including scraper conveyors, hydraulic supports, belt conveyors, simple hydraulic props, boring machines, shearers, metal roof beams, washing and selecting machines, construction material machines, and integrated mining equipment sets; it also offers intelligent transportation equipment, intelligent product electro-hydraulic control systems, bulk material conveying equipment such as tubular belt and vibrating screens, dense-medium cyclones, mining cylinders, refuge chambers, and accessories like conveyor rollers, pulleys, and belt cleaners. Founded in 1955 and headquartered in the Mining Machinery Industrial Park, Economic Development Zone, Changle County (Weifang), Shandong Province, China, the company operates 13 subsidiaries and serves sectors including coal mining, coal washing, mine safety, brick-making, post-press packaging, and unmanned aviation. In recent developments, the company announced a private placement of up to 162,162,162 A shares in July 2024, including participation by new investor Zhao Huatao for an 8.34% stake, with the Shenzhen Stock Exchange accepting the application by March 2025; it also issued CNY 300 million in corporate bonds in 2024 for refinancing and expansions, plans to invest CNY 6.5 million to establish a holding subsidiary as of September 2024, and pursues product innovations, market expansions into Southeast Asia and Africa, strategic acquisitions such as a $50 million competitor purchase in 2023, and R&D investments for automation.