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Xizang Gaozheng Civil Explosives Co., Ltd. Class A

Xizang Gaozheng Civil Explosives Co., Ltd. Class A

SSZSE:002827
51.80
CNY
+3.12
(+6.41%)
0.66EPS
42.72P/E
6.69BMarket Cap
Apr 16Next 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
0.7
1.12
1.19
2.04
1.62
1.3
1.36
2.67
3.37
4.03
5.56
6.17
6.65
6.4
Basic EPS, GAAP
0.19
0.31
0.32
0.53
0.4
0.22
0.09
0.13
0.19
0.19
0.35
0.54
0.72
0.57
Free Cash Flow per Basic Share
0.08
-0.35
0.26
0.39
0.18
0.03
-0.49
-0.35
-0.23
-0.33
-0.01
-0.11
0.46
- -
Dividend per Share
0.13
0.42
0.22
0.21
0.2
0.27
0.29
0.17
0.19
0.18
0.27
0.24
0.31
0.26
Book Value per Share
1.03
1.36
1.58
2.71
2.95
2.91
2.77
2.76
2.78
2.8
2.97
3.35
3.85
3.85
Tangible Book Value per Share
0.83
1.13
1.35
2.53
2.76
2.72
2.28
2.26
2.29
2.23
2.48
2.98
3.49
1.75
Basic Weighted Avg Shares
276
205
207
207
278
275
267
283
277
281
279
274
275
276
Sales/Revenue/Turnover
193
229
246
423
450
358
364
756
933
1,134
1,553
1,692
1,827
1,766
Operating Margin (%)
33.44
33.71
32.59
30.8
26.95
18.45
8.57
11.66
11.92
10.25
12.99
14.75
15.29
12.82
Depreciation Expense
7
8
10
14
20
22
25
46
61
69
74
70
74
- -
Net Income, GAAP
52
64
66
110
111
60
24
37
53
53
98
148
198
156
Effective Tax Rate (%)
17.11
17.63
12.15
9.6
9.03
12.8
14.71
12.32
18.82
4.62
10.44
8.65
8.5
10.65
Profit Margin (%)
27
28.07
26.99
26.08
24.71
16.86
6.6
4.87
5.64
4.71
6.3
8.76
10.84
8.83
Working Capital
59
25
-13
364
414
365
236
165
212
578
933
859
933
991
LT Debt
10
- -
- -
- -
- -
- -
41
121
131
432
714
426
368
732
Total Equity
218
298
344
764
827
822
882
902
926
997
1,059
1,186
1,355
1,522
Return on Invested Capital (%)
24.95
20.87
18.36
19.26
13.38
7.31
2.86
5.84
6.34
4.39
6.46
8.04
10.37
7.36
Return on Capital (%)
25.71
22.16
19.07
19.14
13.86
6.85
2.48
1.74
3.05
3.98
4.65
6.82
8.21
5.69
Return on Common Equity (%)
28.95
25.94
21.79
20.53
14.26
7.47
3.06
4.82
6.89
6.95
12.28
16.97
19.87
15.67

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
684
655
466
LT Borrowings
364
525
723
LT Finance Leases
4
8
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
277
277
277
Market Capitalization
10,453
9,118
6,688

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,078
1,800
1,877
Cash, Cash Equivalents & STI
649
436
480
Accounts Receivable, Net
1,103
1,050
1,141
Inventories
127
117
89
Total Current Liabilities
1,145
1,014
886
Payables & Accruals
- -
- -
- -
ST Debt
684
655
466
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.24%
8.56%
14.23%
Free Cash Flow
-129.89%
69.08%
-527.47%
Net Income, GAAP
22.74%
42.52%
33.64%
Sales/Revenue/Turnover
26.65%
19.78%
7.99%
Total Cash Common Dividend
9.67%
14.96%
33.21%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
259
465
448
520
1,692
2025
304
467
- -
567
1,827
2026
305
427
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.17
0.2
0.14
0.54
2025
0.06
0.19
- -
0.26
0.72
2026
0.03
0.08
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.18
0.03
0.01
0.24
2025
0.11
0.1
- -
0.07
0.31
2026
0.02
0.08
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Dun Zhu Ba Sang
Full Time Employees
1,518
Sector
Process industries
Industry
Industrial specialties
Address
Eco & Tech Development Zone Lhasa TB China 850000
IPO Date
Dec 9, 2016
Website
xzmbgf.com
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Business
Tibet GaoZheng Explosive Co., Ltd. (002827.SZ), recently renamed Xizang Gaozheng Civil Explosives Co., Ltd., manufactures and sells civil explosives and blasting products primarily in China; its core offerings include powdered emulsion explosives, emulsion gel explosives, industrial explosives, industrial detonators, industrial fuses, industrial detonating cord, and electronic detonator chip modules. The company, founded in 2014 and headquartered at No. 18, Area A, Linqionggang Road, Lhasa Economic Development Zone in Lhasa, Tibet Autonomous Region, provides integrated services encompassing production, sales, transportation, storage, and blasting operations for civil explosives and related hazardous materials; it also engages in armed escort services, industrial and mining engineering construction, engineering technology research, public safety and environmental protection monitoring, mine and special equipment production, technical services, engineering consulting, and technical training. A state-controlled enterprise under the State-owned Assets Supervision and Administration Commission of the Tibet Autonomous Region with majority ownership by Tibet Gaozheng Explosive Engineering Co., it operates sales branches across Tibet including Lhasa, Shigatse, Shannan, Nyingchi, Chamdo, Nagqu, and Ali, serving mining, water conservancy and hydropower, transportation construction, urban transformation, geological exploration, explosive processing, national defense construction, metallurgy, electricity, petroleum, and infrastructure sectors. Recent developments include its controlling shareholder Tibet Construction Group reducing holdings by 2.76 million shares in July 2025, lowering the stake to 57.6% without altering control, alongside projections for 51.56% year-on-year net income growth in 2024, a proposed dividend of 0.8 yuan per share, and strong Q3 2025 performance with attributable net profit of 57 million yuan up 1.83% year-on-year amid rising infrastructure demand from projects like the Yarlung Zangbo hydropower station and railway development.