Shandong Zhangqiu Blower Co., Ltd. Class A

Shandong Zhangqiu Blower Co., Ltd. Class A

SSZSE:002598
6.51
CNY
+0.02
(+0.31%)
0.20EPS
34.65P/E
1.95BMarket 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
1.82
1.78
1.43
1.54
2.25
3.02
3.46
3.62
5.44
6.01
6.42
6.69
6.21
6.03
Basic EPS, GAAP
0.26
0.24
0.18
0.18
0.22
0.27
0.24
0.26
0.34
0.35
0.34
0.25
0.2
0.18
Free Cash Flow per Basic Share
0.13
0.13
-0.01
0.06
0.08
0.02
0.14
0.1
-0.14
0.18
-0.37
-0.18
0.48
- -
Dividend per Share
0.2
0.2
0.1
0.2
0.2
0.01
0.22
0.21
0.03
0.15
0.15
0.14
0.15
0.05
Book Value per Share
2.3
2.34
2.42
2.4
2.42
2.69
2.74
2.81
3.15
3.42
3.93
4.11
4.16
4.3
Tangible Book Value per Share
2.2
2.25
2.32
2.3
2.33
2.59
2.64
2.49
2.83
3.08
3.57
3.74
3.8
3.95
Basic Weighted Avg Shares
312
312
312
312
312
312
312
312
312
312
312
312
312
312
Sales/Revenue/Turnover
567
555
446
481
701
943
1,079
1,129
1,696
1,875
2,005
2,087
1,939
1,882
Operating Margin (%)
11.45
12.03
10.42
11.09
10.23
9.54
7.23
9.36
7.93
8.32
7.83
6.12
5.09
5.83
Depreciation Expense
19
21
22
21
21
20
20
22
27
28
31
33
38
- -
Net Income, GAAP
81
76
55
56
70
84
75
82
105
110
107
78
63
56
Effective Tax Rate (%)
12.05
11.86
11.2
11.81
12.76
11.15
8.01
11.96
5.61
9.99
12.79
5.55
0.38
- -
Profit Margin (%)
14.35
13.71
12.27
11.61
9.92
8.91
6.97
7.23
6.19
5.88
5.32
3.76
3.26
2.99
Working Capital
431
434
474
455
465
580
476
504
569
525
778
806
893
959
LT Debt
- -
- -
- -
- -
- -
100
- -
- -
- -
92
189
235
326
296
Total Equity
718
731
758
752
758
852
866
909
1,017
1,106
1,282
1,345
1,378
1,416
Return on Invested Capital (%)
10.23
10.21
6.96
7.09
9.5
10.08
8.16
8.29
9
8.37
7.15
4.81
3.69
- -
Return on Capital (%)
10.17
9.58
7.03
7.3
9.26
10.25
8.42
8.48
8.96
8.34
6.89
4.61
4.1
- -
Return on Common Equity (%)
11.5
10.5
7.36
7.43
9.24
10.53
8.87
9.42
11.27
10.74
9.29
6.25
4.89
4.27

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
290
277
224
LT Borrowings
326
319
296
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
312
312
312
Market Capitalization
3,336
2,871
1,950

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,227
2,121
2,197
Cash, Cash Equivalents & STI
354
319
320
Accounts Receivable, Net
1,018
983
954
Inventories
429
419
485
Total Current Liabilities
1,335
1,195
1,238
Payables & Accruals
- -
- -
- -
ST Debt
290
277
224
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.29%
8.79%
2.45%
Free Cash Flow
-144.21%
-235.09%
-359.74%
Net Income, GAAP
2.98%
-3.11%
-19.46%
Sales/Revenue/Turnover
17.18%
12.94%
-7.09%
Total Cash Common Dividend
- -
72.62%
5.9%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
458
475
586
568
2,087
2025
470
499
- -
480
1,939
2026
413
491
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.11
0.12
-0.07
0.25
2025
0.07
0.06
- -
- -
0.2
2026
0.06
0.07
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.11
0.01
0.14
2025
0.01
0.01
- -
0.01
0.15
2026
0.01
0.03
- -
- -
- -

Company Description

CEO
Shu Peng Fang
Full Time Employees
2,009
Sector
Producer manufacturing
Industry
Industrial machinery
Address
East end of Century Avenue Jinan SD China 250200
IPO Date
Jun 28, 2011
Website
blower.cn
Business
Shandong Zhangqiu Blower Co., Ltd. (002598.SZ) manufactures and sells industrial blowers, fans, pumps, and related equipment primarily for applications in environmental protection, water treatment, pneumatic conveying, and general industrial processes; its core products include Roots blowers, turbo blowers, screw blowers, multi-stage and single-stage centrifugal blowers, geared turbo blowers, magnetic suspension centrifugal blowers, centrifugal fans, slurry pumps, industrial pumps, liquid ring vacuum pumps, pneumatic conveying systems, electrical control equipment, MVR evaporation and crystallization systems, and wastewater treatment solutions. Founded in 1968 and headquartered in Jinan, China, the company operates through subsidiaries and joint ventures such as Eurus Blower Inc. in the United States, two Sino-Japanese joint ventures, Hebei Xietong Water Treatment Technology Co., Ltd., Jiangsu Zhanggu Liporui Power Technology Co., Ltd., and various investee companies focused on intelligent manufacturing, new materials, and robotics; it maintains sales networks in over 70 domestic locations and exports to more than 70 countries across Europe, North America, Asia, Africa, and Oceania. In recent developments, the company advances smart manufacturing through a 2025 agreement to establish the Zhihangzhou drone training base, participates in low-altitude economy initiatives via investee Haili Tianmeng at the Zhuhai Airshow in 2024, pursues acquisition of a 52.662% stake in an investment partnership announced in 2024, and provides CNY 30 million funding to Nanjing Xiangrui Powder Engineering Co., Ltd., alongside expansions in intelligent products, new materials like ceramic and metal slurry pumps, and environmental engineering services.