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    Electronic equipment/Instruments
Dianguang Explosion-proof Technology Co., Ltd. Class A

Dianguang Explosion-proof Technology Co., Ltd. Class A

SSZSE:002730
16.38
CNY
+0.21
(+1.30%)
0.19EPS
169.47P/E
10.83BMarket 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
2.72
2.21
1.66
1.93
2.46
2.96
3.04
2.44
2.89
3.41
3.79
3.27
3.31
3.16
Basic EPS, GAAP
0.26
0.2
0.17
0.12
0.17
0.18
0.13
0.17
0.27
0.25
0.33
0.26
0.19
0.18
Free Cash Flow per Basic Share
0.04
-0.07
0.14
0.21
0.15
0.01
0.62
0.29
0.21
0.29
-0.02
-0.72
-0.13
- -
Dividend per Share
0.08
0.08
0.11
0.08
0.07
0.1
0.1
0.12
0.09
0.13
0.12
0.15
0.18
0.4
Book Value per Share
1.95
2.45
2.55
2.63
2.78
2.92
3
3.1
3.29
4.09
4.31
4.44
4.5
4.5
Tangible Book Value per Share
1.76
2.24
2.23
1.93
1.93
2.12
2.33
2.76
3.13
3.64
3.87
3.86
3.94
3.95
Basic Weighted Avg Shares
242
260
319
321
330
318
330
332
318
360
362
363
353
363
Sales/Revenue/Turnover
660
576
528
618
812
939
1,003
808
919
1,230
1,374
1,189
1,169
1,146
Operating Margin (%)
14.84
13.62
10.38
10.99
15.69
13.85
13.49
12.84
10.68
8.92
12.21
11.53
9.78
8.68
Depreciation Expense
25
24
33
37
33
25
25
23
22
30
30
45
101
- -
Net Income, GAAP
63
53
54
39
56
57
43
56
86
90
120
94
67
64
Effective Tax Rate (%)
15.01
14.6
17.54
21.48
25.77
19.08
27.04
13.96
6.53
10.13
10.61
14.84
13.78
21.24
Profit Margin (%)
9.51
9.25
10.25
6.23
6.91
6.09
4.28
6.98
9.33
7.33
8.71
7.94
5.74
5.58
Working Capital
194
460
396
296
346
367
450
613
709
1,006
924
695
648
659
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
178
97
59
Total Equity
472
789
858
902
956
1,004
1,040
1,005
1,064
1,525
1,609
1,677
1,704
1,709
Return on Invested Capital (%)
7.92
5.2
2.65
3.3
5.05
4.65
3.78
5.02
8.85
6.67
7.46
5.37
3.51
3.04
Return on Capital (%)
10.4
7.43
5.64
3.48
4.94
4.82
3.44
5.29
8.35
7.47
6.94
4.97
3.42
3.15
Return on Common Equity (%)
14.26
8.44
6.71
4.61
6.43
6.22
4.49
5.72
8.32
7.09
7.87
5.96
4.15
3.93

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
503
445
557
LT Borrowings
97
59
59
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
362
362
362
Market Capitalization
5,446
9,595
10,830

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,830
1,825
1,905
Cash, Cash Equivalents & STI
469
500
414
Accounts Receivable, Net
753
722
727
Inventories
376
347
365
Total Current Liabilities
1,181
1,169
1,246
Payables & Accruals
- -
- -
- -
ST Debt
503
445
557
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.68%
12.1%
1.58%
Free Cash Flow
781.8%
703.4%
-83.13%
Net Income, GAAP
6.51%
7.98%
-28.97%
Sales/Revenue/Turnover
9.55%
8.82%
-1.68%
Total Cash Common Dividend
8.71%
12.64%
11.95%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
252
305
261
371
1,189
2025
273
290
- -
320
1,169
2026
247
289
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.07
0.05
0.08
0.26
2025
0.06
0.07
- -
- -
0.19
2026
0.06
0.05
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.13
- -
0.01
0.15
2025
0.01
0.14
- -
0.14
0.18
2026
0.01
0.11
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Xiang Cai Shi
Full Time Employees
1,329
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
No. 180, Weiwu Road Yueqing ZH China 325600
IPO Date
Oct 9, 2014
Website
dianguang.com
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Business
Dianguang Explosion-proof Technology Co., Ltd. Dianguang Explosion-proof Technology Co., Ltd. (002730.SZ) engages primarily in the research, development, production, sales, and service of explosion-proof electrical appliances for high-risk environments, including coal mines, petrochemical facilities, and industrial sites. Founded in 1998 and headquartered in Wenzhou, Zhejiang Province, China, the company operates through multiple subsidiaries and production bases, such as Dianguang Explosion Protection Technology Shanghai Co., Ltd. (R&D center focused on mine rescue systems and automation), Dianguang Explosion Protection Electric Suzhou Co., Ltd. (specializing in transformers and switchgear), and facilities in Anhui, forming a network across Zhejiang, Shanghai, and Anhui provinces with over 380 domestic branches and international agents. Its core products encompass mining explosion-proof electrical equipment (e.g., intelligent high- and low-voltage switches, vacuum electromagnetic starters, multi-function combination switches, mobile substations); explosion-proof monitoring and automation systems (e.g., intrinsically safe cameras, identification cards, uninterrupted power supplies, transmission substations); emergency rescue facilities (e.g., life-saving capsules, refuge chambers with advanced cooling, oxygen supply, and environmental monitoring); intelligent transmission and metering equipment (e.g., permanent magnet motors, rollers, inverters, electric meter boxes, low-voltage distribution cabinets); and additional offerings like weatherproof manipulators, explosion-proof lighting (metal halide lamps, floodlights), cap lamps, and power transformers, serving major clients such as Shenhua Group, China Resources Group, and Datong Coal Mine Group across China and export markets including South Asia, Europe, and North America. The company listed on the Shenzhen Stock Exchange in October 2014, marking its entry into the capital markets, and continues to invest in R&D for intelligent mining solutions, including IoT-integrated products and energy-efficient designs, while maintaining national high-tech enterprise status, multiple utility model patents, and honors like national manufacturing championships; recent strategic emphases include transitioning to system solution providers for smart mines, expanding permanent magnet technology portfolios, and enhancing global manufacturing capabilities amid industry trends in automation and safety regulations.