Xuchang KETOP Testing Research Institute Co. Ltd. Class A

Xuchang KETOP Testing Research Institute Co. Ltd. Class A

SSZSE:003008
18.52
CNY
+0.37
(+2.04%)
1.78BMarket Cap
Apr 14Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.28
2.12
2.43
2.6
1.95
1.38
1.5
1.85
2.12
2.24
- -
Basic EPS, GAAP
0.71
1.27
1.35
1.38
0.88
0.62
0.66
0.57
0.82
0.85
- -
Free Cash Flow per Basic Share
- -
0.33
0.23
0.13
0.62
0.02
0.1
0.58
0.67
0.9
- -
Dividend per Share
- -
0.26
0.31
0.38
- -
0.46
0.38
0.39
0.58
1.15
0.7
Book Value per Share
4.38
2.75
3.79
4.8
9.65
9.81
10.09
10.27
10.36
10.21
10.02
Tangible Book Value per Share
3.81
2.42
3.47
4.46
9.41
9.56
9.83
10.02
10.11
9.97
9.79
Basic Weighted Avg Shares
104
78
78
78
85
104
104
103
104
104
104
Sales/Revenue/Turnover
133
165
190
203
165
144
156
191
221
233
- -
Operating Margin (%)
64.4
69.04
63.98
61.21
48.22
41.54
41.48
34.12
39.47
40.48
- -
Depreciation Expense
- -
6
15
29
31
32
38
56
53
55
- -
Net Income, GAAP
74
99
105
108
74
64
69
59
86
88
- -
Effective Tax Rate (%)
15.06
15.37
14.64
14.67
13.6
14.61
14.83
30.56
17.25
14.82
- -
Profit Margin (%)
55.57
60.01
55.29
53.35
44.87
44.65
44.24
30.81
38.65
37.9
- -
Working Capital
57
52
13
54
666
624
574
623
658
673
668
LT Debt
- -
- -
- -
- -
- -
1
1
- -
- -
- -
- -
Total Equity
142
215
296
374
1,004
1,020
1,049
1,068
1,078
1,062
1,043
Return on Invested Capital (%)
- -
54.22
40.89
31.94
10.44
6.37
6.67
5.17
7.94
8.41
- -
Return on Capital (%)
- -
55.48
41.08
32.31
10.78
6.35
6.67
5.55
7.97
8.24
- -
Return on Common Equity (%)
- -
55.48
41.08
32.31
10.78
6.35
6.67
5.55
7.97
8.24
- -

Capital Structure

CNY

•

in mil. unless spec.
Sep'25
Dec'25
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
104
104
104
Market Capitalization
2,230
2,241
1,775

Working Capital

CNY

•

in mil. unless spec.
Sep'25
Dec'25
Jun'26
Total Current Assets
- -
728
719
Cash, Cash Equivalents & STI
- -
683
674
Accounts Receivable, Net
- -
38
36
Inventories
- -
2
2
Total Current Liabilities
- -
56
51
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
1.13%
-1.47%
Free Cash Flow
- -
159.79%
33.97%
Net Income, GAAP
- -
5.54%
3.08%
Sales/Revenue/Turnover
- -
7.77%
5.15%
Total Cash Common Dividend
- -
- -
98.01%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
45
63
55
59
221
2025
48
63
- -
70
233
2026
- -
58
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.25
0.16
0.28
0.82
2025
0.16
0.24
- -
0.29
0.85
2026
- -
0.25
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.35
- -
0.58
2025
0.15
0.5
- -
0.2
1.15
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ya Ping Li
Full Time Employees
130
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
No. 17, Shangde Road Xuchang HN China 461000
IPO Date
Sep 23, 2020
Website
ketop.cn
Business
Xuchang KETOP Testing Research Institute Co.,Ltd (003008.SZ) operates as a third-party testing institution principally engaged in providing comprehensive inspection and certification services for power system equipment and related technologies in China. The company offers testing services for power system secondary equipment including relay protection and automation devices; smart micro-grid control equipment and systems; electric vehicle charging and battery swap systems; medical electrical equipment; surveillance system products; and electronic components, supported by four national quality inspection centers with accreditation from CMA and CNAS, over 600 authorized standards, and more than 2,000 sets of testing equipment serving over 1,500 customers annually. It also provides other technical services and sells testing equipment, primarily targeting power utilities, new energy providers, and manufacturers in the industrials sector. Founded in 2005 and headquartered at No. 17 Shangde Road, Xuchang City, Henan Province, China, the company maintains operations through its Xuchang base and a wholly-owned subsidiary, Zhuhai KETOP Testing Technology Co., Ltd., established in 2016 and located at No. 323 Keji 1st Road, Tangjiawan Town, Zhuhai City, Guangdong Province, to expand regional testing capabilities. In recent developments, the company reported robust financial growth in its 2024 annual results with revenue of CNY 221 million, up 15.99% year-over-year, and net profit attributable to shareholders of CNY 85.56 million, up 45.52%, driven by steady expansion in new power system equipment testing services; it proposed a cash dividend of CNY 5 per 10 shares and announced equity distribution plans for the first three quarters of 2025, while certain shareholders face ongoing share lock-up agreements expiring through September 2025.