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    Electronic technology

  3. •

    Electronic production equipment
Jiangxi Hengda Hi-Tech Co., Ltd. Class A

Jiangxi Hengda Hi-Tech Co., Ltd. Class A

SSZSE:002591
6.03
CNY
-0.16
(-2.58%)
-0.08EPS
1.84BMarket 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
1.28
0.97
0.71
0.57
0.91
1.09
1.27
1.04
1.74
1.25
1.35
1.47
1.26
2.14
Basic EPS, GAAP
0.12
0.02
-0.25
0.05
0.05
0.11
0.28
-1.66
0.06
-0.21
-0.14
-0.04
-0.09
-0.08
Free Cash Flow per Basic Share
-0.21
-0.23
-0.17
0.01
0.03
-0.16
0.23
0.2
-0.17
-0.34
0.18
-0.11
-0.13
- -
Dividend per Share
0.03
0.06
0.03
0.02
0.01
0.31
0.03
0.01
0.02
0.03
0.02
0.01
0.01
0.01
Book Value per Share
1.92
2.87
2.69
2.72
4.11
3.83
4.16
2.49
2.59
2.37
2.24
2.2
2.11
2.13
Tangible Book Value per Share
1.84
2.69
2.51
2.57
2.34
2.08
2.41
2.35
2.45
2.29
2.16
2.12
2.02
2.04
Basic Weighted Avg Shares
261
262
262
261
284
307
298
306
303
300
300
300
300
300
Sales/Revenue/Turnover
333
254
185
148
259
335
378
318
528
374
404
440
378
644
Operating Margin (%)
11.31
10.8
-11.91
-24.31
-0.2
21.57
28.87
3.4
2.8
-5.01
-7.85
-5.7
-5.29
-3.06
Depreciation Expense
7
8
16
20
22
25
26
32
28
29
37
36
36
- -
Net Income, GAAP
32
5
-66
14
15
35
85
-509
18
-62
-41
-11
-26
-24
Effective Tax Rate (%)
13.71
17.58
- -
17.95
134.2
17.91
17.78
- -
5.26
- -
- -
- -
- -
- -
Profit Margin (%)
9.52
1.9
-35.89
9.57
5.69
10.42
22.36
-159.98
3.48
-16.69
-10.05
-2.41
-6.85
-3.81
Working Capital
541
480
381
382
408
323
421
410
405
266
212
263
232
228
LT Debt
6
11
40
- -
- -
- -
- -
15
31
22
9
7
4
14
Total Equity
756
777
755
756
1,311
1,204
1,301
777
784
720
678
666
638
643
Return on Invested Capital (%)
3.36
0.09
- -
0.25
0.23
2.34
6.05
- -
1.94
- -
- -
- -
- -
- -
Return on Capital (%)
4.39
1.21
- -
3
2.69
3.24
6.85
- -
2.55
- -
- -
- -
- -
- -
Return on Common Equity (%)
4.3
0.64
-9.16
2.01
1.5
2.87
6.89
-49.97
2.4
-8.38
-5.87
-1.59
-4
-3.76

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
142
144
151
LT Borrowings
4
14
14
LT Finance Leases
- -
- -
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
300
300
300
Market Capitalization
2,438
2,104
1,837

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
475
604
501
Cash, Cash Equivalents & STI
96
126
99
Accounts Receivable, Net
192
140
161
Inventories
83
220
143
Total Current Liabilities
243
365
273
Payables & Accruals
- -
- -
- -
ST Debt
142
144
151
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.41%
-3.81%
-4.32%
Free Cash Flow
-119.07%
-76.43%
20.61%
Net Income, GAAP
-104.75%
-101.65%
143.6%
Sales/Revenue/Turnover
12.13%
7.95%
-14.21%
Total Cash Common Dividend
313.15%
9.48%
-12.65%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
104
71
121
145
440
2025
82
63
- -
152
378
2026
181
247
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
0.06
0.01
-0.08
-0.04
2025
0.01
-0.02
- -
-0.08
-0.09
2026
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
En Xue Hu
Full Time Employees
632
Sector
Electronic technology
Industry
Electronic production equipment
Address
No. 88th, Enching North Road Nanchang JX China 330096
IPO Date
Jun 16, 2011
Website
heng-da.com
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Business
Jiangxi Hengda Hi-Tech Co.,Ltd. engages in the research, development, manufacture, and sale of industrial anti-wear and anti-corrosion products and technical services in China. Its main product portfolio includes Hengda Supersonic (HDS) arc spraying products; flame spraying and plasma spraying products; mold technology series wear-resistant ceramics; monomer casting wear-resistant materials; hard surface surfacing repair products; cold metal transfer welding products; and environmental engineering solutions. Additional offerings comprise high-temperature anti-corrosion and wear-resistant paints and coatings, alloy liners, cold welding technology, fully automatic alloy cold arc welding, laser cladding, supersonic flame spraying technologies, acoustic noise reduction products, waste heat power generation equipment, and internet-related new energy materials and services. The company applies its products and services across power, steel, cement, petrochemical, subway, airport, and stadium industries. Founded in 1993 and headquartered in Nanchang, China, Jiangxi Hengda Hi-Tech operates primarily in the energy-saving and environmental protection sectors alongside internet business ventures. The company recently undertook a major operational restructuring by transferring all assets, debts, business qualifications, and personnel related to its wear-resistant and corrosion-resistant overlay welding business to its wholly-owned subsidiary Jiangxi Hengda Zhizao Technology Co., Ltd. This move aims to optimize business structure, clarify strategic layout, and improve operational efficiency. Furthermore, Jiangxi Hengda Hi-Tech is actively engaged in research and development projects in new energy and new materials, including solid-state lithium-ion battery technology and sodium battery components, though these projects remain in the testing and R&D phase. The company secured CNY 25 million in equity funding for its new energy technology subsidiary in mid-2024. Its recent annual reports indicate a performance forecast with anticipated net losses for 2024, reflecting ongoing investment in R&D and diversification efforts. The company is a subsidiary of Jiangxi Evergrande Hi-Tech Co., Ltd. and integrates various industrial and technological advancements to maintain a competitive edge in surface engineering, industrial equipment protection, and environmental technology markets within China. Jiangxi Hengda Hi-Tech continues to monitor and explore digital and intelligent technology applications to enhance operational management and corporate competitiveness.