Baoding Technology Co., Ltd. Class A

Baoding Technology Co., Ltd. Class A

SSZSE:002552
38.39
CNY
+0.02
(+0.05%)
23.67BMarket 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
0.71
1.14
0.75
0.6
0.79
0.98
1.09
0.97
1.11
4.55
7.06
6.9
7.85
- -
Basic EPS, GAAP
0.04
0.05
0.01
-0.56
-0.45
0.09
0.18
0.02
0.02
0.18
0.43
0.59
0.31
- -
Free Cash Flow per Basic Share
-0.29
-0.06
0.07
0.22
-0.05
- -
0.02
0.09
0.15
0.09
-0.56
-0.67
0.29
- -
Dividend per Share
0.05
0.03
0.03
0.05
0.04
0.02
- -
- -
- -
0.04
0.13
0.29
0.36
0.32
Book Value per Share
2.68
2.7
2.69
2.39
1.94
1.98
2.16
2.19
2.21
5.41
3.56
3.55
3.86
4.22
Tangible Book Value per Share
2.52
2.55
1.33
1.37
1.73
1.87
2.06
2.08
2.11
3.91
2.68
2.93
3.26
3.64
Basic Weighted Avg Shares
304
285
429
298
300
319
311
379
318
394
431
420
401
388
Sales/Revenue/Turnover
216
324
324
180
239
311
340
367
353
1,791
3,042
2,894
3,147
- -
Operating Margin (%)
3.08
2.41
1.17
-28.2
-6.28
4.86
3.5
3.93
-1.35
8.14
0.74
6.03
7.96
- -
Depreciation Expense
16
38
47
49
44
43
39
39
39
122
229
206
213
- -
Net Income, GAAP
12
14
4
-167
-135
29
56
8
6
71
185
248
124
- -
Effective Tax Rate (%)
8.59
11.07
- -
- -
- -
2.08
- -
- -
1.41
29.35
0.78
25.4
25.65
- -
Profit Margin (%)
5.61
4.39
1.33
-92.59
-56.62
9.23
16.47
2.07
1.8
3.96
6.09
8.56
3.95
- -
Working Capital
298
257
-74
-127
35
156
284
320
367
697
289
69
248
495
LT Debt
- -
- -
- -
16
57
- -
- -
- -
- -
232
498
205
248
243
Total Equity
803
810
808
716
593
606
663
670
677
2,886
2,093
2,032
2,063
2,233
Return on Invested Capital (%)
0.89
1.19
- -
- -
- -
3.96
- -
- -
0.84
3.32
-5.85
1.54
2.81
- -
Return on Capital (%)
1.26
1.81
- -
- -
- -
4.78
- -
- -
0.95
4.07
6.14
7.17
5
- -
Return on Common Equity (%)
1.51
1.77
0.53
-21.89
-20.63
4.78
8.84
1.14
0.95
4.67
9.54
16.66
8.43
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,485
1,482
1,542
LT Borrowings
244
286
239
LT Finance Leases
4
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
388
388
388
Market Capitalization
6,406
6,208
23,667

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,734
3,010
3,569
Cash, Cash Equivalents & STI
470
579
651
Accounts Receivable, Net
931
1,087
1,292
Inventories
735
783
962
Total Current Liabilities
2,486
2,604
3,074
Payables & Accruals
- -
- -
- -
ST Debt
1,485
1,482
1,542
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.28%
59.74%
1.51%
Free Cash Flow
-10.66%
-182.72%
-141.87%
Net Income, GAAP
-297.54%
228.48%
-49.83%
Sales/Revenue/Turnover
51.27%
95.44%
8.73%
Total Cash Common Dividend
- -
- -
16.85%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
686
794
626
788
2,894
2025
683
711
- -
975
3,147
2026
970
1,187
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
0.04
0.03
0.33
0.59
2025
0.04
0.01
- -
0.19
0.31
2026
0.17
0.18
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.04
0.03
0.2
0.29
2025
0.03
0.05
- -
0.26
0.36
2026
0.03
0.03
- -
- -
- -

Company Description

CEO
Bao Song Zhu
Full Time Employees
2,205
Sector
Producer manufacturing
Industry
Metal fabrication
Address
China Town Industrial Park Hangzhou ZH China 311106
IPO Date
Feb 25, 2011
Business
Baoding Technology Co., Ltd. is a leading high-tech enterprise headquartered in Hangzhou, China, specializing in the research, development, production, and sale of large-scale castings and forgings; electronic copper foil; and copper clad laminates. The company's core product portfolio includes marine castings, electric power equipment components, lifting machinery parts, mining machinery parts, and marine series products utilized across shipbuilding, electricity, construction machinery, and petrochemical industries. Established in 1989, Baoding Technology operates with a strong emphasis on technology innovation and quality, holding over 70 patents and certifications from major global ship classification societies such as CCS, DNV, ABS, and BV. Recent strategic developments include significant asset restructuring and the lifting of sales restrictions on certain restricted shares, facilitating greater market liquidity and operational flexibility. The company has also completed expansion projects through its wholly-owned subsidiaries, which have passed safety facility inspections and obtained production safety licenses. These operational enhancements align with Baoding Technology's focus on augmenting production capacity and strengthening its position in core industrial sectors. Additionally, the company is undergoing optimization and integration under a state-owned enterprise reform plan issued by Zhaoyuan City's government, reflecting ongoing governance and structural improvements. Baoding Technology's business scope covers a wide geographic market primarily within China, serving shipbuilding, power generation, engineering machinery, and petrochemical sectors with advanced forged and cast steel components. The company maintains a strong research and development capability with a municipal-level technology center, contributing to its leading technological standing in China. It continues to enhance its portfolio through innovation and strategic operational adjustments aimed at supporting its diverse industrial customer base and expanding its market reach domestically and regionally.