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    Energy minerals

  3. •

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Jiangsu Zhongsheng Gaoke Environmental Co., Ltd. Class A

Jiangsu Zhongsheng Gaoke Environmental Co., Ltd. Class A

SSZSE:002778
14.35
CNY
+0.18
(+1.27%)
0.01EPS
1.90BMarket Cap
Jiangsu Zhongsheng Gaoke Environmental Co., Ltd. Class A
SZSE:002778
(Shenzhen Stock Exchange)

Recent

price

14.35

P/E

ratio

- -

div

yld

0.40%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
9.08
9.46
10.25
9.56
9.59
6.18
4.41
4.55
5.43
5.71
7.9
8.21
5.71
4.95
3.94
1.55
1.85
Revenue per Share
0.47
0.44
0.49
0.34
0.37
0.38
0.27
0.24
0.14
0.13
0.6
0.68
-0.28
-1.24
-1.36
0.59
-0.05
Basic EPS, GAAP
- -
-0.15
0.15
-0.11
0.12
0.21
0.06
-0.66
-0.39
0.36
0.23
0.61
0.31
-0.33
-0.01
1.24
- -
Free Cash Flow per Basic Share
0.1
0.13
0.13
0.12
0.12
0.1
0.09
0.09
0.09
0.07
0.06
0.35
0.25
0.14
0.16
0.08
0.06
Dividend per Share
1.43
2.73
3.21
3.55
3.92
4.56
4.77
4.96
5.06
5.15
3.93
4.54
4.63
3.39
2.03
2.62
2.53
Book Value per Share
1.12
2.27
2.77
3.11
3.49
4.24
4.46
4.65
4.73
4.93
2.16
2.79
3.02
2.35
1.85
2.44
2.36
Tangible Book Value per Share
79
94
94
93
94
93
125
126
127
126
124
126
126
125
125
125
122
Basic Weighted Avg Shares
714
885
964
887
904
577
553
575
689
718
981
1,032
722
617
493
194
225
Sales/Revenue/Turnover
6.86
7.52
6.99
5.53
6.01
9.25
7.3
6.61
4.37
3.1
13.32
17.19
3.44
-3.47
-4.15
-3.21
-7.82
Operating Margin (%)
- -
9
10
12
13
13
14
14
14
21
21
25
25
24
22
7
- -
Depreciation Expense
37
41
46
31
35
35
34
31
18
16
74
85
-35
-155
-170
74
-6
Net Income, GAAP
11.96
21.13
12.83
11.97
12.42
12.63
12.23
11.67
8.84
7.84
16.28
16.69
- -
- -
- -
6.19
- -
Effective Tax Rate (%)
5.19
4.68
4.74
3.51
3.87
6.13
6.15
5.34
2.63
2.25
7.59
8.28
-4.9
-25.06
-34.54
37.99
-2.8
Profit Margin (%)
66
146
171
195
218
418
431
379
336
347
516
433
351
419
551
277
264
Working Capital
41
14
- -
- -
- -
- -
- -
- -
- -
- -
113
112
156
304
266
7
4
LT Debt
134
255
301
332
367
568
595
619
631
643
613
648
668
510
331
427
415
Total Equity
13.58
10.98
9.93
6.42
6.67
5.74
4.4
4.54
2.61
2.28
12.67
13.15
- -
- -
- -
15.51
- -
Return on Invested Capital (%)
18.05
14.6
13.4
9.26
9.32
7.45
5.65
5
3.24
2.93
5.76
5.5
- -
- -
- -
8.51
- -
Return on Capital (%)
32.28
21.33
16.44
9.85
10.03
7.56
5.85
5.05
2.9
2.54
13.15
16.17
-6.18
-30.9
-50.38
25.45
-2.02
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
220
222
5
LT Borrowings
- -
- -
- -
LT Finance Leases
7
5
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
125
125
125
Market Capitalization
2,637
2,426
1,896

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
724
626
435
Cash, Cash Equivalents & STI
430
318
93
Accounts Receivable, Net
242
246
293
Inventories
- -
4
2
Total Current Liabilities
447
357
170
Payables & Accruals
- -
- -
- -
ST Debt
220
222
5
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.3%
-4.18%
29.04%
Free Cash Flow
-1,158.04%
-1,997.93%
-9,806.94%
Net Income, GAAP
37.23%
15.4%
-143.3%
Sales/Revenue/Turnover
-5.97%
-24.02%
-60.63%
Total Cash Common Dividend
36.2%
76.7%
-53.53%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
110
131
130
123
493
2025
30
34
- -
93
194
2026
33
65
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.12
-0.15
-1.08
-1.36
2025
0.43
-0.05
- -
0.09
0.59
2026
-0.05
-0.04
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.04
0.04
0.05
0.16
2025
0.03
0.02
- -
0.01
0.08
2026
0.01
0.01
- -
- -
- -
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Business
Jiangsu Zhongsheng Gaoke Environmental Co., Ltd. (002778.SZ) engages principally in the research, development, production and sale of lubricants and greases, as well as environmental protection services in China. The company's core lubricant products encompass transformer oils, internal combustion engine oils including gasoline and diesel variants, hydraulic oils, gear oils for vehicles and industry, metal processing oils, special solvent oils, greases, construction machinery oils, motorcycle oils, antifreeze products and auxiliary oils; these serve sectors such as electric power equipment, engineering machinery, industrial machinery, metallurgy, transportation, trucks, mining and metal processing. Its environmental protection business provides integrated solutions including operation of sewage treatment facilities, soil remediation, environmental engineering EPC, consulting services and energy storage projects. Founded in 1992 and headquartered in Jingtang Industrial Concentration Zone, Xushe Town, Yixing City, Jiangsu Province, China, the company operates primarily within the domestic market across petrochemical and environmental segments with approximately 519 employees. In recent strategic shifts, Jiangsu Zhongsheng Gaoke Environmental changed its name from Jiangsu Gaoke Petrochemical Co., Ltd. in June 2021 to reflect its dual-business focus. In January 2025, it completed the divestiture of its 100% stake in subsidiary Zhongsheng New Materials Technology (Yixing) Co., Ltd. to Suzhou Longxiang Investment Partnership for CNY 457.2 million in cash, streamlining operations toward its environmental protection segment and achieving profitability in Q1 2025. Additional changes include share transfers, such as Xu Xiaobin acquiring a 5% stake from Xu Hanxiang in December 2024 and earlier transactions involving Fuzhou Qianjing Investment.