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Henan Tong-Da Cable Co., Ltd. Class A

Henan Tong-Da Cable Co., Ltd. Class A

SSZSE:002560
5.83
CNY
+0.07
(+1.22%)
5.47BMarket Cap
Oct 29Next Earn
Henan Tong-Da Cable Co., Ltd. Class A
SZSE:002560
(Shenzhen Stock Exchange)

Recent

price

5.83

P/E

ratio

- -

div

yld

1.91%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
3.11
2.28
2.26
2.25
1.38
2.23
2.78
2.97
4.48
2.95
3
3.46
7.4
7.71
8.69
10.97
- -
Revenue per Share
0.22
0.13
0.13
0.14
0.08
0.1
0.14
0.02
-0.02
0.16
0.19
0.04
0.16
0.11
0.04
0.22
- -
Basic EPS, GAAP
0.03
-0.53
-1.1
-0.19
-0.12
-0.04
-0.12
-0.34
-0.34
0.23
-0.1
-0.4
-0.45
-0.05
-0.17
0.81
- -
Free Cash Flow per Basic Share
0.02
0.01
0.05
0.09
0.08
0.07
0.03
0.07
0.08
0.12
0.11
0.03
0.05
0.06
0.14
0.06
0.11
Dividend per Share
0.8
1.95
2.05
2.14
2.36
2.38
2.53
2.52
2.52
2.65
3.19
3.18
3.36
3.5
3.45
3.7
3.64
Book Value per Share
0.79
1.76
1.86
1.88
2.17
2.19
1.97
1.98
1.99
2.13
2.75
2.74
2.93
3.15
3.17
3.41
3.36
Tangible Book Value per Share
248
423
430
431
579
580
586
561
539
609
646
684
744
723
714
729
735
Basic Weighted Avg Shares
773
965
974
969
799
1,290
1,627
1,664
2,418
1,797
1,937
2,363
5,504
5,573
6,201
7,999
- -
Sales/Revenue/Turnover
9.04
7.3
7.34
11.19
12.05
8.69
7.22
2.84
4.63
9
9.69
2.91
3.56
4.86
2.91
2.96
- -
Operating Margin (%)
4
6
9
11
13
16
20
20
20
24
31
42
68
75
85
90
- -
Depreciation Expense
54
54
56
59
47
58
84
12
-12
96
125
24
122
83
25
161
- -
Net Income, GAAP
15.59
13.85
13
18.55
21.01
15.34
8.83
2.23
- -
5.28
19.71
- -
17.46
24.71
20.6
13.09
- -
Effective Tax Rate (%)
6.97
5.64
5.79
6.14
5.87
4.49
5.14
0.72
-0.48
5.33
6.43
1.03
2.22
1.48
0.41
2.02
- -
Profit Margin (%)
205
660
588
389
713
646
607
750
690
781
1,337
1,301
1,430
1,700
1,612
1,847
1,789
Working Capital
20
- -
- -
- -
- -
- -
154
70
148
223
70
107
132
261
235
295
286
LT Debt
260
848
1,008
1,134
1,605
1,646
1,734
1,637
1,638
1,755
2,393
2,414
2,533
2,635
2,604
2,794
2,751
Total Equity
16.82
9.18
5.12
5.26
4.13
3.22
3.91
0.63
- -
3.51
3.8
- -
3.23
2.69
0.82
4.14
- -
Return on Invested Capital (%)
18.26
9.24
5.55
4.57
2.43
3.81
4.69
1.22
- -
6.34
6.91
- -
5.64
2.68
1.35
4.52
- -
Return on Capital (%)
22.99
9.82
6.49
6.55
4.05
4.12
5.69
0.79
-0.76
6.05
6.28
1.05
5.06
3.26
1
6.14
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
997
811
1,245
LT Borrowings
274
320
264
LT Finance Leases
21
22
22
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
736
736
735
Market Capitalization
5,299
5,673
5,470

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,362
4,523
4,104
Cash, Cash Equivalents & STI
1,596
1,223
1,101
Accounts Receivable, Net
2,070
1,973
1,948
Inventories
529
921
756
Total Current Liabilities
2,515
2,587
2,315
Payables & Accruals
- -
- -
- -
ST Debt
997
811
1,245
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.93%
3.19%
7.29%
Free Cash Flow
-6.46%
-19.39%
-574.42%
Net Income, GAAP
-38.4%
150.35%
533.17%
Sales/Revenue/Turnover
25.22%
39.29%
29%
Total Cash Common Dividend
21.06%
18.3%
-58.1%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,057
1,578
1,673
1,892
6,201
2025
1,474
2,144
- -
1,933
7,999
2026
1,607
2,314
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.03
0.05
-0.06
0.04
2025
0.02
0.06
- -
0.04
0.22
2026
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.02
0.01
0.09
0.14
2025
0.01
0.01
- -
0.02
0.06
2026
0.01
0.08
- -
- -
- -
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Business
Henan Tong-Da Cable Co., Ltd. is a leading Chinese manufacturer specializing in the research, development, and production of wires and cables. Founded in 1987 and headquartered in Zhengzhou, Henan Province, the company operates primarily in the electrical and electronics industry with a focus on power grid infrastructure, electrified railway systems, urban rail traffic, real estate engineering, and home decoration markets. Its main product portfolio includes bare conductors such as Aluminum Conductor Steel Reinforced (ACSR), All Aluminum Alloy Conductor (AAAC), Aluminum Clad Steel Strand; power cables including PVC insulated cables, XLPE insulated cables, medium voltage power cables; overhead insulated cables including aerial bundled cables and tree wires; fire resistant and flame retardant cables; environmental protection PVC insulated building wires; contact and catenary wires for electrified railways; cables for rail traffic; and control cables. The company’s products conform to various international standards including IEC, British BS, ASTM, and German DIN, and it serves prominent customers like the State Grid Corporation of China, China Southern Power Grid Corporation, China Railway Corporation, and leading real estate developers. Henan Tong-Da exports its products to over 60 countries and regions globally, spanning Europe, the Middle East, Southeast Asia, and Africa. Recent strategic developments include a successful equity buyback in December 2023 and an ongoing expansion in order volume driven by accelerated investment in China’s power grids under the 14th Five-Year Plan. In 2024, the company reported revenue growth of 11.3% to 6.2 billion yuan, attributed mainly to a 16.6% increase in its wire and cable segment, while continuing to expand its aluminum strip business. Despite a temporary decline in net profit due to industry competition and goodwill impairment, the company has returned to profitability growth in 2025, supported by increased grid investments and strong order growth with new wire and cable orders rising by nearly 62% year-on-year in early 2025. Henan Tong-Da is also positioned to benefit from emerging market opportunities such as the domestic aviation industry with its participation in the supply chain for the C919 aircraft. The company maintains high standards with certifications including ISO9001, ISO14001, OHSAS18001, and multiple product safety and performance certifications, reinforcing its commitment to quality and sustainability in its extensive product offerings. Overall, Henan Tong-Da Cable Co., Ltd. combines its long-standing industry expertise with ongoing innovation and strategic market expansions, positioning itself as a comprehensive wire and cable enterprise focused on serving advanced power infrastructure and transportation sectors both domestically and internationally.