Zhejiang Century Huatong Group Co., Ltd. Class A

Zhejiang Century Huatong Group Co., Ltd. Class A

SSZSE:002602
11.48
CNY
+0.38
(+3.42%)
103.93BMarket Cap
Oct 29Next Earn
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
0.76
0.5
0.6
0.68
0.7
1.95
2.51
2.02
1.98
1.58
1.77
3.17
5.27
- -
Basic EPS, GAAP
0.05
0.06
0.08
0.1
0.16
0.2
0.39
0.29
0.35
-0.93
0.07
0.17
0.78
- -
Free Cash Flow per Basic Share
-0.16
-0.01
0.06
0.1
-0.01
0.27
0.29
0.24
-0.15
0.16
0.28
0.63
1.07
- -
Dividend per Share
0.02
- -
0.01
0.02
0.02
0.07
0.08
0.07
0.07
0.04
0.04
0.04
0.03
0.07
Book Value per Share
1.02
0.72
0.79
0.87
1
2.17
3.41
3.73
4.05
3.15
3.26
3.33
4.16
4.64
Tangible Book Value per Share
0.97
0.38
0.39
0.47
0.57
0.01
1.25
0.82
1.92
1.58
1.37
1.44
2.34
2.88
Basic Weighted Avg Shares
1,609
3,427
5,012
5,050
5,010
6,419
5,860
7,165
7,146
7,255
7,486
7,136
7,186
7,272
Sales/Revenue/Turnover
1,227
1,712
3,026
3,456
3,491
12,524
14,690
14,445
14,137
11,475
13,285
22,620
37,898
- -
Operating Margin (%)
8.47
14.54
16.47
17.64
13.53
24.54
21.96
21.04
8.13
6.62
14.56
16.68
20.23
- -
Depreciation Expense
54
83
114
128
129
210
214
217
396
472
552
880
889
- -
Net Income, GAAP
81
209
408
503
783
1,284
2,285
2,078
2,501
-6,747
524
1,213
5,605
- -
Effective Tax Rate (%)
17.24
10.96
11.87
14.6
18.36
6.5
10.68
15.03
21.46
- -
39.09
27.77
18.16
- -
Profit Margin (%)
6.61
12.22
13.48
14.57
22.42
10.25
15.56
14.38
17.69
-58.8
3.94
5.36
14.79
- -
Working Capital
617
815
922
921
988
6,798
2,510
2,337
1,861
2,887
2,197
722
8,627
11,450
LT Debt
- -
- -
125
60
- -
1,011
1,000
4,338
260
198
3,046
140
1,154
1,183
Total Equity
1,646
3,636
3,993
4,399
5,097
25,884
24,684
28,828
31,225
24,696
25,381
25,450
31,220
34,819
Return on Invested Capital (%)
4.88
7.87
9.77
10.94
15.17
20.06
9.77
6.41
7.5
- -
2.2
4.97
17.97
- -
Return on Capital (%)
4.99
7.77
10.35
11.32
15.77
-4.24
7.42
7.66
7.32
- -
2.32
5.35
17.63
- -
Return on Common Equity (%)
5.04
7.94
10.72
12.03
16.59
12.45
11.45
7.97
8.63
-25.16
2.19
4.94
20.21
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,541
1,622
1,635
LT Borrowings
810
810
810
LT Finance Leases
344
340
373
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,371
7,371
7,371
Market Capitalization
125,744
117,636
103,927

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
18,977
20,006
21,191
Cash, Cash Equivalents & STI
11,808
12,685
14,306
Accounts Receivable, Net
3,963
4,073
3,711
Inventories
766
783
781
Total Current Liabilities
10,349
10,217
9,741
Payables & Accruals
- -
- -
- -
ST Debt
1,541
1,622
1,635
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
45.91%
2.62%
22.67%
Free Cash Flow
-302.54%
-21.06%
72.69%
Net Income, GAAP
24.82%
7.28%
362.02%
Sales/Revenue/Turnover
42.22%
26.52%
67.55%
Total Cash Common Dividend
31.3%
-17.56%
-37.96%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,262
5,014
6,253
7,091
22,620
2025
8,145
9,062
- -
10,675
37,898
2026
11,010
11,107
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.07
0.09
-0.08
0.17
2025
0.19
0.18
- -
0.17
0.78
2026
0.28
0.34
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.01
0.01
0.04
2025
0.01
0.01
- -
- -
0.03
2026
- -
0.06
- -
- -
- -

Company Description

CEO
Fei Xie
Full Time Employees
6,016
Sector
Technology services
Industry
Packaged software
Address
No. 66, Yueai Road Shanghai SH China 200120
IPO Date
Jul 12, 2011
Business
Zhejiang Century Huatong Group Co., Ltd. (002602.SZ) operates as a diversified technology conglomerate primarily engaged in internet gaming, automotive parts manufacturing, and artificial intelligence cloud data services in China and internationally. Founded in 2005 and headquartered in Shaoxing, Zhejiang Province, China, the company manufactures and sells automotive plastic parts and metal stamping parts, including components for engine cooling, heating ventilation and air conditioning, lighting, interior and exterior systems, and safety systems; develops, operates, licenses, and invests in internet games through subsidiaries such as Shengqu Games, DianDian Interactive (also known as Pointdot Interactive), Tianyou Software, Qiku Network, and Zhangyou Technology, featuring blockbuster titles like Whiteout Survival, Kingshot, Endless Winter, Family Farm Adventure, and long-standing IPs including Legend of Blood and Dragon Valley; and provides internet data center (IDC) services, equipment leasing, AI computing power centers, government clouds, industrial park development, 5G edge computing, and GPU supply chains via its Shiji Longteng unit. Its gaming portfolio spans over 100 active products with more than 30 billion cumulative global registered users across 200+ countries, while automotive operations serve domestic and export markets and cloud data supports digital infrastructure initiatives. The company transitioned from automotive roots through aggressive expansion into gaming, highlighted by its 2019 acquisition of Shengqu Games (formerly Shanda Games) for CNY 29.8 billion, part of over $5.5 billion in total M&A deals that positioned it as China's second-highest-grossing game publisher. Recent developments include robust 2024 financials with revenue of CNY 22.62 billion, up 70.3% year-over-year, driven by gaming contributions reaching 82% of revenue, particularly DianDian Interactive's CNY 15 billion topline (155% growth) from overseas SLG hits like Whiteout Survival topping global income charts; Q1 2025 revenue surged 91.1% to CNY 8.145 billion with net profit more than doubling to CNY 1.346 billion and gross margin at 69.4%. In November 2025, it announced a CNY 1 billion share buyback program at up to CNY 28.77 per share to reduce registered capital, alongside resolutions of prior regulatory issues including audit qualifications and penalties, enabling potential removal of its stock risk warning (ST status); it also established an AI committee in October 2025 to accelerate AI integration across gaming development (boosting art efficiency 60-80%) and IDC operations, with Tencent as a key shareholder supporting strategic growth.