Guangdong Hongda Holdings Group Co., Ltd. Class A

Guangdong Hongda Holdings Group Co., Ltd. Class A

SSZSE:002683
29.49
CNY
+0.29
(+0.99%)
22.26BMarket Cap
Oct 27Next 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
5.4
5.95
5.33
4.62
5.64
6.53
8.35
8.95
11.38
13.58
15.49
17.97
27.03
- -
Basic EPS, GAAP
0.3
0.29
0.18
0.09
0.23
0.31
0.43
0.57
0.64
0.75
0.96
1.18
1.27
- -
Free Cash Flow per Basic Share
-0.37
-0.32
-0.5
-0.24
0.23
0.43
0.66
0.89
0.85
0.23
0.73
1.46
1.46
- -
Dividend per Share
0.17
0.21
0.2
0.12
0.15
0.21
0.27
0.28
0.36
0.18
0.46
0.88
0.85
0.45
Book Value per Share
2.41
3.29
3.34
4.09
4.27
4.35
4.65
7.04
7.47
7.92
8.52
8.54
9.24
9.32
Tangible Book Value per Share
1.81
2.75
2.8
2.69
2.4
2.34
2.44
4.52
3.91
4.15
4.25
3.71
0.7
-0.1
Basic Weighted Avg Shares
547
571
563
696
707
702
707
714
749
749
749
760
754
747
Sales/Revenue/Turnover
2,954
3,399
3,005
3,212
3,985
4,580
5,902
6,395
8,526
10,169
11,608
13,652
20,369
- -
Operating Margin (%)
10.09
10.36
7.3
4.59
9.15
9.52
10.07
11.58
10.1
9.48
10.77
10.93
10.8
- -
Depreciation Expense
66
92
111
130
168
194
205
207
359
433
514
577
1,045
- -
Net Income, GAAP
164
166
101
63
163
214
307
404
480
561
716
898
957
- -
Effective Tax Rate (%)
22.36
19.65
11.47
8.92
18.3
12.64
7.38
13.01
14.76
13.22
14.22
13.95
15.41
- -
Profit Margin (%)
5.55
4.87
3.37
1.95
4.08
4.67
5.2
6.31
5.63
5.51
6.17
6.58
4.7
- -
Working Capital
699
1,242
1,266
1,651
1,239
1,147
1,190
3,562
3,849
4,381
2,989
3,683
5,732
5,872
LT Debt
207
123
95
710
562
409
365
1,464
2,388
3,302
1,954
4,377
7,115
7,972
Total Equity
1,549
2,373
2,390
3,095
3,278
3,474
3,717
5,820
6,748
7,129
7,944
7,812
15,123
14,996
Return on Invested Capital (%)
9.89
8.62
3.94
1.64
3.95
5.5
7.02
7.58
7.61
7.95
8.75
9.48
8.96
- -
Return on Capital (%)
9.21
5.85
3.61
2.85
4.4
4.74
6.01
5.41
4.16
3.69
4.97
5.73
2.04
- -
Return on Common Equity (%)
12.98
9.96
5.02
2.55
5.55
7.05
9.64
9.43
8.83
9.73
11.55
13.85
14.16
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,720
2,827
3,287
LT Borrowings
6,917
6,572
7,810
LT Finance Leases
198
143
161
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
760
760
760
Market Capitalization
36,328
29,757
22,257

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
16,679
15,480
16,891
Cash, Cash Equivalents & STI
4,861
2,859
3,440
Accounts Receivable, Net
4,165
4,698
5,389
Inventories
1,364
1,414
1,637
Total Current Liabilities
10,947
10,265
11,019
Payables & Accruals
- -
- -
- -
ST Debt
2,720
2,827
3,287
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.99%
24.99%
93.59%
Free Cash Flow
19.04%
50.2%
-0.72%
Net Income, GAAP
32.34%
19.08%
6.62%
Sales/Revenue/Turnover
21.66%
26.71%
49.2%
Total Cash Common Dividend
30.07%
45.4%
-3.53%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,199
3,333
3,747
4,380
13,652
2025
3,654
5,497
- -
5,817
20,369
2026
4,342
5,795
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.45
0.32
0.33
1.18
2025
0.12
0.55
- -
0.41
1.27
2026
0.14
0.56
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
0.7
0.36
-0.36
0.88
2025
0.16
0.79
- -
-0.45
0.85
2026
0.11
0.79
- -
- -
- -

Company Description

CEO
Fa Liang
Full Time Employees
17,065
Sector
Industrial services
Industry
Engineering & construction
Address
Buildding C3, E. Twr, Tianying Plz Guangzhou GD China 510623
IPO Date
May 29, 2012
Website
gdhdkg.com
Business
Guangdong Hongda Holdings Group Co., Ltd. operates extensively across various sectors within China and internationally. The company is primarily recognized as an integrated provider of mining and civil blasting solutions. Its operations are strategically divided into distinct business segments: mining engineering services, the manufacturing and distribution of civil explosive materials, and the production and sale of defense equipment. Within its mining engineering division, the company offers a broad spectrum of services, encompassing both surface and underground excavation, geological surveys, detailed design and optimization of operational plans, mine construction, extraction processes, mineral processing, environmental management, and comprehensive management of mining sites. This includes earth stripping, blasting for excavation, and the logistics of mineral transportation. The civil blasting segment focuses on a range of products, such as industrial explosives including ammonium oil and emulsion types, alongside detonators and fuses, electronic detonators, and on-site mixing solutions. These products and services support diverse applications in mining, water conservancy, hydropower projects, infrastructure development, urban renewal, and specialized blasting tasks. Furthermore, the defense equipment segment develops and supplies advanced systems like missile weaponry, precise missile components, intelligent ammunition, and individual soldier gear. Beyond these core areas, Guangdong Hongda is also engaged in the production and sales of energy and chemical products, notably PVC resin, ammonium nitrate, and urea. The company provides specialized technical consulting, development, and transfer services for blasting operations, alongside capabilities in non-metallic ore beneficiation and advanced processing. Its extensive qualifications allow for general contracting in mining engineering, specialized contracting for blasting and demolition, and comprehensive project management, including green vegetation restoration and general contracting for both mining and residential construction. Additionally, the group participates in investment activities, equipment leasing, marketing strategy, and corporate administration. Originally established in 1988 as Guangdong Hongda Blasting Co., Ltd., the organization officially adopted its current name, Guangdong Hongda Holdings Group Co., Ltd., in January 2022. The company is headquartered in Guangzhou, China. Recent financial reports indicate robust performance, with significant revenue growth in 2024 and substantial outstanding orders in its mining services division. It holds a prominent position as China's first listed company offering integrated mining and civil explosive services, emphasizing technological innovation and global expansion.