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Wedge Industrial Co 000534.SZ · CNY

Real Estate · Shenzhen · 🇨🇳 China

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17.21

+0.41%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2024

Revenue

CN¥1.08bn

FY2015FY2024

Net income

CN¥192.7m

FY2015FY2024

Free cash flow

−CN¥472.5m

FY2015FY2024

Shareholders' equity

CN¥1.36bn

FY2015FY2024

Income statement

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
RevenueCN¥1.08bnCN¥981.4mCN¥793.8mCN¥656.3mCN¥552.6mCN¥548.7mCN¥706.2mCN¥255.2mCN¥194.7mCN¥491.8m
Research and developmentCN¥172.8mCN¥106.0mCN¥76.4mCN¥76.7mCN¥77.8mCN¥45.4mCN¥45.3mCN¥22.1mCN¥8.4mCN¥6.4m
Operating incomeCN¥261.7mCN¥267.3mCN¥134.8mCN¥137.7mCN¥99.7mCN¥91.8mCN¥131.2mCN¥97.7mCN¥124.0mCN¥70.4m
Net incomeCN¥192.7mCN¥176.6mCN¥101.7mCN¥95.3mCN¥76.7mCN¥70.7mCN¥144.9mCN¥89.5mCN¥76.2mCN¥46.4m
Diluted earnings per share0.380.360.200.180.160.140.280.180.140.08

Balance sheet

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Total assetsCN¥3.97bnCN¥3.12bnCN¥2.43bnCN¥2.12bnCN¥2.15bnCN¥2.06bnCN¥3.17bnCN¥2.41bnCN¥2.36bnCN¥3.29bn
Cash and short-term investmentsCN¥381.1mCN¥259.0mCN¥293.4mCN¥342.5mCN¥394.7mCN¥186.4mCN¥327.7mCN¥780.3mCN¥708.6mCN¥314.4m
Total liabilitiesCN¥2.42bnCN¥1.82bnCN¥1.19bnCN¥1.02bnCN¥1.15bnCN¥1.11bnCN¥1.42bnCN¥864.3mCN¥950.3mCN¥1.63bn
DebtCN¥1.49bnCN¥1.02bnCN¥627.6mCN¥430.4mCN¥536.2mCN¥400.5mCN¥287.0mCN¥170.0mCN¥246.0mCN¥439.2m
Shareholders' equityCN¥1.36bnCN¥1.21bnCN¥1.19bnCN¥1.07bnCN¥999.8mCN¥947.9mCN¥1.75bnCN¥1.53bnCN¥1.39bnCN¥1.31bn
Shares outstanding512m492m515m524m492m492m523m511m556m581m

Cash flow

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Cash from operationsCN¥114.3mCN¥94.7mCN¥194.9mCN¥136.7mCN¥142.4mCN¥155.3mCN¥76.1mCN¥78.5m−CN¥204.9m−CN¥8.2m
Capital spending−CN¥586.8m−CN¥390.7m−CN¥341.6m−CN¥216.7m−CN¥154.7m−CN¥397.9m−CN¥269.0m−CN¥288.5m−CN¥124.7m−CN¥48.5m
Free cash flow−CN¥472.5m−CN¥296.0m−CN¥146.7m−CN¥80.0m−CN¥12.3m−CN¥242.6m−CN¥192.9m−CN¥210.0m−CN¥329.6m−CN¥56.7m
Dividends paid−CN¥118.1m−CN¥58.3m−CN¥25.0m−CN¥62.6m−CN¥52.9m−CN¥53.6m−CN¥113.3m−CN¥55.7m−CN¥97.1m−CN¥71.1m

Latest quarters

By quarter end

Jun 2026Mar 2026Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024
RevenueCN¥306.8mCN¥359.8mCN¥315.2mCN¥290.4mCN¥335.0mCN¥301.5mCN¥274.6mCN¥212.3m
Operating incomeCN¥49.8mCN¥103.3mCN¥62.1mCN¥46.9mCN¥86.7mCN¥59.3mCN¥53.9mCN¥54.3m
Net incomeCN¥47.9mCN¥77.5mCN¥50.5mCN¥46.7mCN¥72.7mCN¥54.0mCN¥40.8mCN¥32.2m
Diluted earnings per share0.090.150.100.090.140.110.080.06
Cash from operations——CN¥10.0mCN¥30.0m−CN¥24.0mCN¥63.0mCN¥48.0mCN¥19.0m
Capital spending−CN¥86.0m−CN¥172.0m−CN¥125.0m−CN¥90.0m−CN¥202.0m−CN¥112.0m−CN¥167.0m−CN¥195.0m
Free cash flow——−CN¥115.0m−CN¥60.0m−CN¥226.0m−CN¥49.0m−CN¥119.0m−CN¥176.0m
Total assetsCN¥5.23bnCN¥5.38bnCN¥4.35bnCN¥4.13bnCN¥4.08bnCN¥3.97bnCN¥3.57bnCN¥3.33bn
Cash and short-term investments——CN¥239.6mCN¥192.4mCN¥264.4mCN¥381.1mCN¥195.6mCN¥142.0m
DebtCN¥1.30bnCN¥1.79bnCN¥587.3mCN¥1.66bnCN¥1.59bnCN¥1.47bnCN¥1.47bnCN¥1.29bn
Shareholders' equityCN¥1.87bnCN¥1.72bnCN¥1.57bnCN¥1.50bnCN¥1.49bnCN¥1.36bnCN¥1.24bnCN¥1.15bn

Financial ratios

Data as of 29 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin—24.3%27.2%17.0%21.0%18.0%16.7%
Net margin—17.9%18.0%12.8%14.5%13.9%12.9%
Return on equity—14.2%14.6%8.5%8.9%7.7%7.5%
Return on assets—4.9%5.7%4.2%4.5%3.6%3.4%
Free cash flow yield—6.2%4.5%4.7%3.1%2.8%5.1%
Revenue growth—9.9%23.6%21.0%18.8%0.7%-22.3%
Earnings growth—9.2%73.5%6.8%24.2%8.6%-51.2%
Current ratio—1.25x1.10x1.16x1.14x1.20x1.07x
Debt to equity—1.08x0.83x0.52x0.39x0.52x0.49x
Equity ratio—34.3%38.8%49.0%50.6%46.6%46.0%
Interest coverage—6.41x10.48x6.11x6.27x3.98x2.62x
R&D as a share of sales—16.0%10.8%9.6%11.7%14.1%8.3%
Buybacks as a share of market value-0.1%-4.0%4.4%1.8%-6.6%-0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue18.0%14.5%7.4%
Operating income23.9%23.3%11.6%
Net income26.5%22.2%14.2%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin25.7%22.8%21.5%22.2%
Net margin17.9%16.1%15.5%16.5%

Valuation history

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Price to earnings34.236.571.398.787.764.637.778.8119.6118.2
Price to sales6.16.69.114.312.28.37.727.646.811.2

Dividends and splits

Per share, in the currency the company pays

Paid for 18 years. Last went ex-dividend on 14 Aug 2025.

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year0.050.120.050.050.060.050.050.05
  • 1-to-1 reverse split · 11 Aug 2006

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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