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Changzhou Almaden Stock Co., Ltd. Class A

Changzhou Almaden Stock Co., Ltd. Class A

SSZSE:002623
17.23
CNY
-0.79
(-4.38%)
-0.96EPS
3.02BMarket Cap
Oct 28Next Earn
Changzhou Almaden Stock Co., Ltd. Class A
SZSE:002623
(Shenzhen Stock Exchange)

Recent

price

17.23

P/E

ratio

- -

div

yld

6.26%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
4.96
4.45
3.82
4.33
5.47
6.81
8.73
9.82
9.66
7.44
11.26
11.29
15.92
18.68
14.6
10.21
8.58
Revenue per Share
1.82
1.64
0.46
0.38
0.24
0.34
0.12
-0.14
0.5
-0.61
0.86
0.3
0.42
0.43
-0.64
-0.54
-0.89
Basic EPS, GAAP
0.15
-0.72
-1.74
-0.8
-0.98
-2.54
-4
-3.34
-1.46
0.84
1
-1.69
-0.71
-1.86
0.6
0.21
- -
Free Cash Flow per Basic Share
0.08
0.06
0.3
0.05
0.05
0.07
0.26
0.47
0.27
0.29
0.25
0.12
0.15
0.34
0.67
0.69
1.08
Dividend per Share
2.61
12.47
12.63
12.96
13.16
13.48
13.62
13.32
13.85
13.11
14.66
16.46
16.21
16.27
15.09
13.98
13.37
Book Value per Share
2.21
12
11.89
12.24
12.16
12.28
12.44
12.17
12.93
12.21
13.78
15.76
15.49
15.57
14.4
13.31
12.69
Tangible Book Value per Share
120
130
159
162
158
160
160
164
158
159
160
180
199
194
198
199
196
Basic Weighted Avg Shares
595
579
609
702
863
1,092
1,396
1,612
1,530
1,184
1,803
2,032
3,168
3,628
2,893
2,036
1,680
Sales/Revenue/Turnover
46.67
42.11
11.22
3.99
2.27
5.15
3.3
3.84
2.23
2.29
9.43
1.5
2.57
2.38
-1.65
-2.81
-5.56
Operating Margin (%)
10
16
23
41
56
66
100
142
170
165
161
149
171
167
193
186
- -
Depreciation Expense
218
213
73
62
38
55
19
-23
79
-97
138
54
84
84
-127
-108
-175
Net Income, GAAP
18.16
14.73
14.72
13.3
11.69
17.87
- -
- -
- -
- -
16.87
2.42
0.08
- -
- -
- -
- -
Effective Tax Rate (%)
36.66
36.88
12.04
8.77
4.38
5
1.38
-1.43
5.18
-8.19
7.64
2.66
2.64
2.3
-4.38
-5.29
-10.4
Profit Margin (%)
145
1,653
1,339
1,209
1,004
712
184
-163
504
325
752
1,736
1,633
1,624
1,525
1,314
1,293
Working Capital
61
- -
5
5
- -
18
619
595
313
142
162
243
278
479
540
352
545
LT Debt
313
1,995
2,021
2,074
2,106
2,157
2,188
2,135
2,223
2,107
2,358
3,292
3,250
3,273
3,043
2,821
2,611
Total Equity
64.47
16.72
3.65
2.96
1.5
2.22
- -
- -
- -
- -
4.46
1.66
2.26
- -
- -
- -
- -
Return on Invested Capital (%)
68.24
18.1
3.66
2.99
1.83
2.66
- -
- -
- -
- -
5.82
2.09
2.64
- -
- -
- -
- -
Return on Capital (%)
99.75
18.49
3.65
3.01
1.81
2.56
0.89
-1.07
3.64
-4.5
6.2
1.92
2.57
2.58
-4.06
-3.72
-6.27
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,658
1,523
1,746
LT Borrowings
261
471
371
LT Finance Leases
91
78
173
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
199
199
193
Market Capitalization
3,603
4,326
3,016

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,777
3,771
3,609
Cash, Cash Equivalents & STI
2,370
2,463
2,411
Accounts Receivable, Net
1,083
841
878
Inventories
117
121
138
Total Current Liabilities
2,463
2,261
2,316
Payables & Accruals
- -
- -
- -
ST Debt
1,658
1,523
1,746
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.46%
4.95%
-7.32%
Free Cash Flow
-53.71%
-76.99%
-65.57%
Net Income, GAAP
-146.66%
-54.59%
-15.07%
Sales/Revenue/Turnover
10.11%
6.65%
-29.62%
Total Cash Common Dividend
52.98%
43.41%
3.94%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
885
865
696
446
2,893
2025
560
523
- -
456
2,036
2026
368
333
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.01
-0.21
-0.52
-0.64
2025
0.03
-0.11
- -
-0.25
-0.54
2026
-0.19
-0.35
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.54
0.05
0.06
0.67
2025
0.05
0.57
- -
-0.02
0.69
2026
0.07
0.47
- -
- -
- -
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Business
Changzhou Almaden Co., Ltd. (002623.SZ) manufactures photovoltaic coated glass, ultra-thin double-glass modules, and electronic glass products for the solar energy and display industries. The company produces solar glass including anti-reflective coated variants, photoelectric glass, full bonding glass, and POE films; ultra-thin glass-glass solar modules utilizing advanced physical tempering technology; electronic glass such as cover glass and display light guides; as well as operates photovoltaic power plants. Founded in September 2006 and headquartered at No. 639 Qinglong East Road, Changzhou, Jiangsu Province, China, Changzhou Almaden listed on the Shenzhen Stock Exchange SME Board in 2011 and serves markets in China, Vietnam, Malaysia, South Korea, Thailand, UAE, Taiwan, India, Turkey, Lithuania, Germany, and other regions. In a major strategic expansion, the company plans to invest $240 million in a 500,000-tonne annual capacity solar glass plant in the UAE's Khalifa Industrial Zone Abu Dhabi through a new subsidiary, Almaden Glass Industries Ltd., to target Middle East, Europe, and South Asia markets, with board approval secured as of May 2025 pending shareholder consent; it cancelled a prior proposed CNY 1.4 billion acquisition of Fengyang Silicon Valley Intelligence Co., Ltd. in August 2024 after initial agreement in February 2024.