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Shanxi Huhua Group Co., Ltd. Class A

Shanxi Huhua Group Co., Ltd. Class A

SSZSE:003002
13.85
CNY
-0.45
(-3.15%)
0.77EPS
21.86P/E
3.48BMarket 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
3.15
3.45
2.56
2.35
2.94
3.06
3.34
3.44
3.72
4.85
6.55
5.5
6.56
6.58
Basic EPS, GAAP
0.38
0.4
0.22
0.21
0.32
0.44
0.51
0.6
0.41
0.61
1.02
0.7
0.86
0.8
Free Cash Flow per Basic Share
- -
- -
0.15
0.5
0.59
0.25
0.19
0.51
0.12
0.57
0.39
0.13
0.34
- -
Dividend per Share
0.1
0.47
0.07
0.05
0.02
0.08
0.08
0.07
0.41
0.16
0.15
0.25
0.19
0.18
Book Value per Share
2.04
2.49
2.71
2.92
3.25
3.64
4.09
5.21
5.18
5.66
6.51
6.89
7.65
7.8
Tangible Book Value per Share
1.38
1.67
1.92
2.14
2.47
2.89
3.09
4.49
3.82
4.18
4.78
5.2
4.89
5.11
Basic Weighted Avg Shares
152
150
150
151
148
150
150
162
198
199
201
200
200
200
Sales/Revenue/Turnover
477
517
385
355
436
457
500
556
738
964
1,314
1,101
1,312
1,314
Operating Margin (%)
13
12.51
11.68
10.24
11.32
16.53
17.59
18.34
11.79
14.48
18.93
14.09
15.34
13.94
Depreciation Expense
- -
37
43
40
38
35
35
34
48
53
58
69
83
- -
Net Income, GAAP
58
60
33
32
48
66
76
97
81
121
205
140
172
159
Effective Tax Rate (%)
20.99
20.37
19.39
21.94
1.78
19.59
17.62
15.1
14.56
4.44
14.61
13.61
12.45
10.53
Profit Margin (%)
12.07
11.61
8.58
8.93
10.9
14.4
15.26
17.42
11.01
12.59
15.58
12.72
13.11
12.09
Working Capital
-86
93
6
82
84
165
215
662
529
548
612
472
564
592
LT Debt
3
166
- -
70
3
3
3
6
5
6
4
1
129
114
Total Equity
321
392
426
454
504
563
635
1,071
1,164
1,275
1,446
1,514
1,661
1,675
Return on Invested Capital (%)
13.76
10.31
4.71
4.36
8.61
10.93
13.31
11.36
7.46
10.33
16.04
10.19
10.79
8.67
Return on Capital (%)
17.63
13.89
7.1
6.56
9.68
11.95
11.94
10.49
6.79
9.44
14.17
9.16
10.3
9.62
Return on Common Equity (%)
21.01
17.67
8.46
7.51
10.28
12.76
13.18
11.71
7.82
11.19
16.81
10.45
11.83
10.8

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
33
33
30
LT Borrowings
124
120
109
LT Finance Leases
5
5
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
200
200
200
Market Capitalization
6,474
5,190
3,478

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,040
1,060
1,017
Cash, Cash Equivalents & STI
157
183
203
Accounts Receivable, Net
440
406
462
Inventories
130
148
134
Total Current Liabilities
477
467
426
Payables & Accruals
- -
- -
- -
ST Debt
33
33
30
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.68%
9.2%
9.72%
Free Cash Flow
74.43%
77.51%
167.32%
Net Income, GAAP
22.05%
18.64%
22.87%
Sales/Revenue/Turnover
14.32%
20.51%
19.19%
Total Cash Common Dividend
75.16%
117.61%
-25.89%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
178
309
291
323
1,101
2025
223
402
- -
343
1,312
2026
220
349
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.25
0.21
0.18
0.7
2025
0.12
0.36
- -
0.13
0.86
2026
0.08
0.22
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.25
2025
- -
- -
- -
-0.03
0.19
2026
0.01
0.21
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ping Ze Guo
Full Time Employees
2,169
Sector
Process industries
Industry
Industrial specialties
Address
No. 1 Huagong Road Changzhi SX China 047300
IPO Date
Sep 22, 2020
Website
shanxihuhua.com
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Business
Shanxi Huhua Group Co., Ltd. (003002.SZ) engages in the research, development, production, sale, import, export, and service of civilian explosive products and blasting solutions in China. The company manufactures digital electronic detonators, high-intensity detonating tube detonators, seismic exploration detonators, magnetic detonators, industrial electric detonators, detonating tube detonators, high-precision delay body detonators; colloidal emulsion explosives, modified ammonium fuel explosives, powder emulsion explosives, expanded ammonium nitrate explosives; and explosive devices, alongside engineering blasting solutions and professional blasting services for mining, infrastructure, water conservancy, hydropower, transportation, construction, demolition, oil exploration, and national defense sectors. Founded in 1960 and headquartered in Changzhi City, Shanxi Province, China, it operates 12 subsidiaries with approximately 3,000 employees and exports to about 20 countries including Mongolia, Myanmar, Australia, South Africa, Chile, Indonesia, and Zimbabwe. In 2025, the company plans a private placement of up to 60 million A shares to raise CNY 585.95 million for upgrading civilian explosives production lines and warehousing systems with automation and informatization, acquiring mining construction machinery, building a new 2,000-ton annual automated initiator production line, and supplementing working capital; it also conducts share repurchases including 220,000 shares on January 10, 2025. Listed on the Shenzhen Stock Exchange since September 22, 2020, Shanxi Huhua Group maintains its position as a leading national designated producer of civilian blasting equipment.