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Shenzhen Kedali Industry Co Ltd Class A

Shenzhen Kedali Industry Co Ltd Class A

SSZSE:002850
155.59
CNY
+10.83
(+7.48%)
54.20BMarket Cap
Mar 22Next Earn
Shenzhen Kedali Industry Co Ltd Class A
SZSE:002850
(Shenzhen Stock Exchange)

Recent

price

155.59

P/E

ratio

- -

div

yld

1.66%

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
3.34
3.78
4.07
4.34
7.19
9.26
7.17
9.48
10.62
9.33
19.22
37.13
42.19
44.47
55.62
- -
Revenue per Share
0.19
0.36
0.42
0.47
0.98
1.48
0.82
0.39
1.13
0.84
2.33
3.86
4.82
5.44
6.45
- -
Basic EPS, GAAP
- -
- -
- -
-0.42
-0.05
-0.07
-3.46
-1.65
-0.27
-1.73
-3.68
-8.34
-6.68
3.35
4.19
- -
Free Cash Flow per Basic Share
0.04
0.05
0.04
0.17
0.04
0.19
0.39
0.23
0.26
0.26
0.28
0.41
0.43
1.57
2.06
2.59
Dividend per Share
1.49
2.09
2.52
3.17
4.15
5.9
10.74
10.93
11.86
17.13
19.56
24.44
38.92
42.9
48.64
52.81
Book Value per Share
1.42
2.02
2.45
3.1
3.84
5.19
10.2
10.13
11.07
16.43
18.33
22.7
37.41
41.43
47.22
51.21
Tangible Book Value per Share
133
142
146
155
158
157
202
211
210
213
232
233
249
271
273
275
Basic Weighted Avg Shares
444
538
594
674
1,133
1,455
1,452
2,000
2,230
1,985
4,468
8,654
10,511
12,030
15,213
- -
Sales/Revenue/Turnover
10.5
14.47
14.55
14.61
18.15
20.43
15.04
8.37
15.33
15.31
16.18
14.61
14.89
16.5
15.44
- -
Operating Margin (%)
- -
- -
- -
26
32
44
73
113
166
192
257
400
653
783
857
- -
Depreciation Expense
25
51
61
73
154
233
166
82
237
179
542
900
1,201
1,472
1,764
- -
Net Income, GAAP
21.77
15.91
17.19
15.58
16.02
15.31
15.97
17.46
14.5
9.01
9.24
11.42
10.32
13.23
15.51
- -
Effective Tax Rate (%)
5.59
9.52
10.32
10.76
13.64
15.99
11.44
4.11
10.64
9
12.12
10.4
11.42
12.23
11.6
- -
Profit Margin (%)
46
107
155
251
205
201
973
640
427
1,737
1,030
981
4,262
5,553
7,221
6,703
Working Capital
6
1
11
4
10
3
- -
- -
- -
62
89
1,607
1,525
1,436
1,466
14
LT Debt
216
304
367
499
654
997
2,325
2,373
2,568
4,071
4,641
5,826
10,511
11,685
13,414
15,150
Total Equity
- -
13.09
13.15
13.11
20.98
21.81
9.22
3.27
8.6
5.03
11.46
12.58
11.18
11.51
12.66
- -
Return on Invested Capital (%)
- -
17.85
17.28
15.27
23.86
24.85
10.01
4.38
10.37
5.21
11.44
13.16
11.49
12.28
13.47
- -
Return on Capital (%)
- -
19.71
18.3
16.75
26.81
29.39
10.42
3.62
9.92
5.51
12.68
17.5
14.8
13.29
14.1
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
37
140
121
LT Borrowings
1,451
1,467
- -
LT Finance Leases
15
14
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
275
276
286
Market Capitalization
43,403
49,359
54,199

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
14,910
15,608
15,778
Cash, Cash Equivalents & STI
3,945
4,063
3,494
Accounts Receivable, Net
4,697
4,472
5,335
Inventories
988
1,004
1,103
Total Current Liabilities
7,689
8,275
9,074
Payables & Accruals
- -
- -
- -
ST Debt
37
140
121
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
40.05%
29.18%
14.8%
Free Cash Flow
690.98%
23.43%
26.6%
Net Income, GAAP
48.04%
69.04%
19.87%
Sales/Revenue/Turnover
34.76%
56.23%
26.46%
Total Cash Common Dividend
87.15%
80.78%
32.74%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,509
2,937
3,146
3,438
12,030
2025
3,022
3,623
- -
4,610
15,213
2026
4,142
5,066
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.14
1.26
1.36
1.68
5.44
2025
1.42
1.4
- -
2.11
6.45
2026
1.67
1.74
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
1.52
0.04
- -
1.57
2025
- -
2
- -
0.06
2.06
2026
- -
2.51
- -
- -
- -
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Business
Shenzhen Kedali Industry Co., Ltd. (002850.SZ) researches, develops, manufactures and sells precision structural parts for lithium batteries and automotive structural parts; provides auto parts assembly services; and offers related precision components including square and cylindrical parts for power batteries, battery packs, modules and management systems. Its products serve industries such as new energy vehicles, automobiles, portable communications and electronic products, electric power tools and energy storage power stations, with key customers encompassing CATL, BYD, CALB, EVE Energy, SUNWODA, Lishen, Samsung, Panasonic, LG, Northvolt, Faurecia and Tesla. Founded in 1996 and headquartered in Shenzhen, China, the company operates production bases across China in regions including East China, South China, North China, Northeast China and Northwest China via subsidiaries in Shanghai, Xi'an, Huizhou, Jiangsu, Dalian and Fujian; internationally, it maintains facilities in Germany, Hungary and plans a new plant in Indiana, USA. Recent developments include a June 2025 announcement to invest up to EUR50 million to expand its Hungarian factory in Gödöllő for power battery precision parts, targeting annual revenue of EUR100 million at full capacity and serving clients like CATL, Tesla and LG; a EUR40 million investment in a new Hungarian battery production plant acquired from Indotek Group; a EUR60 million commitment in Germany for aluminum castings serving CATL batteries; a USD49 million planned factory in Indiana; and a January 2024 launch of lightweight aluminum alloy for battery packs, alongside 23.41% year-on-year revenue growth to CNY10.603 billion in the first three quarters of 2025.