Bichamp Cutting Technology (Hunan) Co., Ltd. Class A

Bichamp Cutting Technology (Hunan) Co., Ltd. Class A

SSZSE:002843
14.38
CNY
+0.51
(+3.68%)
-0.17EPS
5.40BMarket Cap
Mar 19Next 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
1.79
1.92
1.55
1.57
1.46
1.71
1.87
1.94
2.56
4.65
8.32
6.84
6.04
6.49
Basic EPS, GAAP
0.35
0.37
0.26
0.26
0.25
0.27
0.29
0.2
0.34
0.62
0.6
0.2
-0.15
-0.17
Free Cash Flow per Basic Share
0.28
0.35
0.47
0.48
0.19
0.01
-0.18
0.29
0.71
0.54
-0.15
-0.16
-0.26
- -
Dividend per Share
0.25
0.24
0.16
0.14
0.1
0.08
0.51
0.25
0.18
0.2
0.05
0.21
0.12
0.09
Book Value per Share
2.17
2.36
2.43
2.56
2.87
3.18
2.8
2.31
2.81
3.33
5.74
5.44
5.24
5.35
Tangible Book Value per Share
2.1
2.28
2.36
2.49
2.82
3.13
2.76
2.26
2.75
2.57
5.08
4.76
4.66
4.7
Basic Weighted Avg Shares
155
156
157
158
205
206
213
208
205
210
222
253
253
250
Sales/Revenue/Turnover
277
300
245
249
300
353
398
403
527
978
1,845
1,731
1,528
1,623
Operating Margin (%)
26.24
26.76
21.09
18.49
20.11
17.01
19.51
18.64
16.71
13.13
6.61
4.88
4.94
6.73
Depreciation Expense
20
21
23
25
25
27
32
36
37
52
92
92
88
- -
Net Income, GAAP
54
58
41
41
51
56
62
42
70
130
133
50
-37
-41
Effective Tax Rate (%)
13.75
12.99
14.27
13.5
14.9
18.08
13.89
18.68
13.09
9.86
0.2
26.22
- -
- -
Profit Margin (%)
19.41
19.46
16.74
16.52
16.88
15.78
15.51
10.31
13.26
13.35
7.21
2.91
-2.44
-2.55
Working Capital
91
106
127
164
342
329
190
91
-1
-38
674
558
518
428
LT Debt
- -
3
- -
- -
- -
31
- -
1
- -
16
166
246
192
112
Total Equity
342
371
383
403
610
667
589
485
590
777
1,508
1,381
1,322
1,354
Return on Invested Capital (%)
10.9
11.51
7.68
8.6
9.76
8.32
9.71
7.03
10.28
14.64
7.71
2.38
- -
- -
Return on Capital (%)
13.06
13.4
9.27
9.46
9.75
8.5
9.35
6.96
11.03
13.93
10.49
3.57
- -
- -
Return on Common Equity (%)
17.03
16.38
10.87
10.48
10
8.72
9.83
7.74
12.99
20.15
12.36
3.56
-2.76
-3.01

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
246
322
330
LT Borrowings
176
128
97
LT Finance Leases
16
15
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
252
252
252
Market Capitalization
5,045
5,239
5,405

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,304
1,370
1,355
Cash, Cash Equivalents & STI
471
441
413
Accounts Receivable, Net
318
415
451
Inventories
261
289
340
Total Current Liabilities
786
901
927
Payables & Accruals
- -
- -
- -
ST Debt
246
322
330
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.15%
26.96%
-4.24%
Free Cash Flow
-213.06%
13.89%
60.89%
Net Income, GAAP
-6.75%
-15.82%
-173.89%
Sales/Revenue/Turnover
24.1%
37.41%
-11.74%
Total Cash Common Dividend
68.43%
44.16%
-42.34%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
444
418
454
415
1,731
2025
355
404
- -
384
1,528
2026
413
423
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.09
0.05
-0.06
0.2
2025
0.06
0.1
- -
-0.38
-0.15
2026
0.1
0.01
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.12
0.06
0.01
0.21
2025
0.01
0.06
- -
0.01
0.12
2026
0.01
0.01
- -
- -
- -

Company Description

CEO
Ying Bo Xie
Full Time Employees
2,146
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No. 68, Taijia Road Changsha HU China 410200
IPO Date
Jan 20, 2017
Business
Bichamp Cutting Technology (Hunan) Co., Ltd. engages primarily in the manufacturing and sale of precision sawing tools and energy supply products. Its core offerings include bimetal bandsaw blades, carbide bandsaw blades, and circular saw blades under various brands such as TANCUT, AA, Bichamp, MEITESEN, FICUT, and SUJU. These products serve diverse industrial sectors like automotive parts manufacturing, ferrous metallurgy, aerospace, rail transit, and machinery manufacturing. Additionally, Bichamp provides power supply solutions used in electric vehicle charging piles, smart photovoltaic power generation, energy storage, industrial robots, communication equipment, data centers, and consumer electronics, including wireless charging technologies. The company operates globally with branches in Hong Kong, the Netherlands, Germany, and India, serving customers in over 50 countries and regions. Founded in 2003, Bichamp is headquartered in Changsha, China, and is listed on the Shenzhen Stock Exchange under ticker 002843.SZ. In the last two years, Bichamp has undergone significant strategic developments. In 2024, it established an Overseas Business Division and launched its first bimetal bandsaw blade production line, expanding its international footprint and product capabilities. The company completed a targeted private placement raising RMB 608 million to support business expansion and underwent major asset reorganization to integrate its dual-main industries: sawing and energy supply. Additionally, Bichamp empowered investments in the century-old German company AKG and acquired Hunan Machine Tool Factory, bolstering its manufacturing and technological resources. Recent product innovations showcased at industry events include advanced coated carbide band saw blades designed for tough-to-machine materials, reflecting a push towards premium, high-efficiency cutting solutions. Bichamp remains focused on enhancing R&D capabilities and localized operations to boost competitiveness and meet the evolving demands of global manufacturing sectors. This comprehensive product and service range, coupled with deliberate international expansion and capital investments, positions Bichamp Cutting Technology as a leading provider of sawing tools and energy solutions in Asia and a growing presence worldwide. It leverages advanced materials technology, broad application coverage, and an emphasis on innovation-driven growth to serve its industrial and energy market customers effectively.