Shandong Zhonglu Oceanic Fisheries Co Ltd Class B

Shandong Zhonglu Oceanic Fisheries Co Ltd Class B

SSZSE:200992
1.63
HKD
+0.01
(+0.62%)
0.01EPS
622.61MMarket 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
2.05
2.34
2.98
3.22
3.43
3.85
4.25
3.6
3.42
3.71
4.3
5.2
5.59
4.85
Basic EPS, GAAP
0.16
0.06
0.05
0.2
0.34
0.34
0.31
0.11
0.13
0.11
0.15
0.13
0.13
- -
Free Cash Flow per Basic Share
-0.04
-0.08
0.15
0.21
-0.32
0.12
0.13
0.3
-0.61
-0.86
-0.43
0.11
-0.01
- -
Dividend per Share
0.01
0.01
0.02
0.01
0.03
0.02
0.02
0.01
0.01
0.04
0.06
0.07
0.06
0.06
Book Value per Share
2.03
2.09
2.13
2.32
2.65
3.02
3.33
3.39
3.51
3.71
3.87
4.01
4.11
4.03
Tangible Book Value per Share
2
2.03
2.08
2.27
2.59
2.97
3.28
3.35
3.46
3.47
3.64
3.79
3.9
3.82
Basic Weighted Avg Shares
270
256
243
263
269
266
266
269
273
266
266
266
266
268
Sales/Revenue/Turnover
554
598
724
846
924
1,023
1,129
966
934
985
1,145
1,385
1,487
1,302
Operating Margin (%)
8.42
-0.38
-2.81
1.19
12.68
9.96
9.86
5.85
5.85
8.69
10.64
7.88
6.96
4.69
Depreciation Expense
27
27
34
35
36
44
49
52
56
61
74
83
91
- -
Net Income, GAAP
43
15
12
53
92
90
82
30
36
30
40
35
33
-1
Effective Tax Rate (%)
0.26
0.89
7.33
2.05
2.8
3.4
2.87
5.44
10.28
6.56
7.62
9.39
6.27
60.95
Profit Margin (%)
7.8
2.57
1.68
6.22
9.9
8.82
7.29
3.06
3.8
3.07
3.46
2.49
2.25
-0.05
Working Capital
171
118
122
196
175
379
459
520
431
464
542
538
632
642
LT Debt
17
2
- -
- -
- -
- -
- -
2
149
284
391
381
461
484
Total Equity
565
579
594
651
739
944
1,045
1,066
1,096
1,248
1,292
1,325
1,358
1,334
Return on Invested Capital (%)
2.41
-3.85
-3.34
2.27
11.46
10.21
9.38
2.64
3.05
2.75
2.43
1.82
2.45
0.14
Return on Capital (%)
7.77
3.14
2.18
7.45
11.8
9.02
6.59
2.05
3.03
1.75
2.92
2.83
1.91
0.06
Return on Common Equity (%)
8.33
2.81
2.17
8.89
13.85
11.98
9.74
3.3
3.87
3.15
3.93
3.29
3.1
-0.06

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Mar'26
ST Debt
42
33
33
LT Borrowings
430
461
484
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
266
266
266
Market Capitalization
573
564
548

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Mar'26
Total Current Assets
835
925
888
Cash, Cash Equivalents & STI
293
313
301
Accounts Receivable, Net
53
78
54
Inventories
374
382
393
Total Current Liabilities
292
293
246
Payables & Accruals
- -
- -
- -
ST Debt
42
33
33
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.89%
5.07%
2.48%
Free Cash Flow
-75.7%
-111.24%
-109.75%
Net Income, GAAP
35.33%
4.1%
-3.09%
Sales/Revenue/Turnover
7.94%
9.33%
7.37%
Total Cash Common Dividend
38.11%
80.13%
-8.84%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
210
275
354
546
1,385
2025
270
408
- -
415
1,487
2026
209
- -
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.04
0.08
0.12
0.13
2025
- -
-0.05
- -
0.12
0.13
2026
-0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.01
0.07
2025
0.01
0.02
- -
0.02
0.06
2026
0.01
- -
- -
- -
- -

Company Description

CEO
Huan Wang
Full Time Employees
852
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
Qingdao China
IPO Date
Jul 24, 2000
Website
zofco.cn
Business
Shandong Zhonglu Oceanic Fisheries Co., Ltd. is a China-based integrated marine fisheries enterprise engaged primarily in pelagic fishing, seafood processing, refrigerated logistics, and maritime vessel services. Founded in July 1999 and headquartered in Qingdao, Shandong Province, with registered offices in Jinan, the company operates under the controlling ownership of Shandong State-owned Assets Investment Holdings Co., Ltd. and lists its Class B shares on the Shenzhen Stock Exchange under ticker 200992. The company manages an integrated ocean-to-table industrial supply chain structured across five core business segments: Oceanic Fisheries, Seafood Processing and Refrigeration, Import and Export Trade, Maritime Transportation, and Vessel Leasing. Its comprehensive product and service offerings include pelagic fishing operations focusing on tuna longline and purse seine harvesting across the Indian Ocean and Atlantic Ocean; processing, ultra-low temperature freezing, and distribution of premium sashimi tuna, frozen aquatic products, and processed marine foodstuffs; cold-chain warehousing, refrigeration management, and logistics services anchored by the China Tuna Trading Center and provincial advanced processing hubs; ocean freight transportation utilizing heavy refrigerated cargo vessels for marine products, meat, poultry, and agricultural produce; and maritime vessel support services encompassing trawler leasing, refrigerated vessel chartering, ship technical management, and professional crew dispatch. The company distributes its products domestically and internationally to markets across Japan, South Korea, the United States, Singapore, Taiwan, and West Africa, operating through key subsidiaries including Shandong Zhonglu Aquatic Shipping Co., Ltd., Shandong Zhonglu Oceanic (Yantai) Foods Co., Ltd., Shandong Zhonglu Haiyan Oceanic Fisheries Co., Ltd., and Habitat International Corporation. In recent strategic developments, the company has implemented a comprehensive Valuation Enhancement Plan and formalized Market Value Management System under its Quality and Returns initiative to strengthen corporate governance and operational efficiency. Operationally, the company has focused on expanding its maritime transport capacity through the procurement and construction of modern refrigerated cargo vessels to capture growing demand across South Pacific routes, while upgrading fleet efficiency and catch yield management within its core Indian Ocean longline projects to support expanded ultra-low temperature processing and international trade distribution.