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Q

Qinglong Pipes Industry Group Co 002457.SZ · CNY

Industrials · Shenzhen · 🇨🇳 China

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10.20

+0.59%

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.

FY2025

Revenue

CN¥2.63bn

FY2016FY2025

Net income

CN¥129.6m

FY2016FY2025

Free cash flow

CN¥408.6m

FY2016FY2025

Shareholders' equity

CN¥2.55bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥2.63bnCN¥2.82bnCN¥2.06bnCN¥2.57bnCN¥2.44bnCN¥2.06bnCN¥2.00bnCN¥1.45bnCN¥1.21bnCN¥825.5m
Gross profitCN¥783.3mCN¥921.9mCN¥614.9mCN¥706.4mCN¥639.2mCN¥530.1mCN¥690.9mCN¥395.2mCN¥372.1mCN¥268.5m
Research and developmentCN¥60.4mCN¥66.5mCN¥59.0mCN¥83.9mCN¥78.7mCN¥58.9mCN¥34.8mCN¥25.2mCN¥9.9mCN¥23.4m
Operating incomeCN¥221.0mCN¥329.8mCN¥82.5mCN¥206.8mCN¥182.9mCN¥213.5mCN¥202.2mCN¥97.8mCN¥55.8mCN¥37.9m
Net incomeCN¥129.6mCN¥267.7mCN¥24.9mCN¥168.2mCN¥143.0mCN¥167.5mCN¥156.8mCN¥73.8mCN¥19.3mCN¥21.2m
Diluted earnings per share0.390.820.060.490.440.500.480.220.070.05

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥4.69bnCN¥4.54bnCN¥4.30bnCN¥4.17bnCN¥4.02bnCN¥3.66bnCN¥3.56bnCN¥2.88bnCN¥2.80bnCN¥2.91bn
Cash and short-term investments—CN¥597.7mCN¥459.5mCN¥511.9mCN¥448.5mCN¥507.0mCN¥533.8mCN¥229.7mCN¥453.4mCN¥346.6m
Total liabilitiesCN¥1.92bnCN¥1.84bnCN¥1.83bnCN¥1.65bnCN¥1.69bnCN¥1.45bnCN¥1.51bnCN¥996.8mCN¥960.1mCN¥1.08bn
DebtCN¥100,000CN¥603.8mCN¥476.2mCN¥569.7mCN¥539.9mCN¥309.0mCN¥430.3mCN¥350.0mCN¥165.0mCN¥290.5m
Shareholders' equityCN¥2.55bnCN¥2.47bnCN¥2.27bnCN¥2.31bnCN¥2.18bnCN¥2.10bnCN¥1.97bnCN¥1.85bnCN¥1.81bnCN¥1.79bn
Shares outstanding334m328m420m345m326m335m330m337m280m410m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥565.3mCN¥126.5mCN¥321.9mCN¥76.3m−CN¥136.0mCN¥100.5mCN¥350.7m−CN¥181.0mCN¥100.7mCN¥173.0m
Capital spending−CN¥156.7m−CN¥194.6m−CN¥228.0m−CN¥73.5m−CN¥70.9m−CN¥149.3m−CN¥189.9m−CN¥83.6m−CN¥68.1m−CN¥104.4m
Free cash flowCN¥408.6m−CN¥68.0mCN¥93.9mCN¥2.8m−CN¥206.9m−CN¥48.8mCN¥160.8m−CN¥264.5mCN¥32.7mCN¥68.6m
Dividends paid−CN¥63.7m−CN¥68.4m−CN¥88.0m−CN¥60.0m−CN¥61.2m−CN¥50.2m−CN¥32.9m−CN¥49.6m−CN¥20.3m−CN¥16.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥699.9mCN¥251.5mCN¥1.06bnCN¥634.9mCN¥651.2mCN¥282.2mCN¥1.09bnCN¥648.7m
Gross profitCN¥201.2mCN¥65.0mCN¥318.7mCN¥195.5mCN¥194.5mCN¥74.7mCN¥381.2mCN¥196.8m
Operating incomeCN¥52.9m−CN¥22.9mCN¥98.0mCN¥35.3mCN¥4.0mCN¥480,549CN¥193.8mCN¥45.0m
Net incomeCN¥20.8m−CN¥6.3mCN¥78.6mCN¥37.5mCN¥18.8m−CN¥5.4mCN¥154.6mCN¥41.3m
Diluted earnings per share0.06-0.020.240.110.06-0.020.470.13
Cash from operations———CN¥122.0m−CN¥38.0m−CN¥200.0m—CN¥14.0m
Capital spending−CN¥64.0m−CN¥37.0m−CN¥32.0m−CN¥28.0m−CN¥43.0m−CN¥52.0m−CN¥97.0m−CN¥39.0m
Free cash flow———CN¥94.0m−CN¥81.0m−CN¥252.0m—−CN¥25.0m
Total assetsCN¥4.76bnCN¥4.65bnCN¥4.69bnCN¥4.87bnCN¥4.72bnCN¥4.45bnCN¥4.54bnCN¥4.47bn
Cash and short-term investments———CN¥600.5mCN¥456.6mCN¥443.3mCN¥597.7mCN¥540.9m
Debt——CN¥100,000CN¥903.9mCN¥921.9mCN¥791.6mCN¥599.6mCN¥682.8m
Shareholders' equityCN¥2.52bnCN¥2.54bnCN¥2.55bnCN¥2.48bnCN¥2.44bnCN¥2.46bnCN¥2.47bnCN¥2.32bn

Financial ratios

Data as of 22 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin29.8%32.7%29.8%27.4%26.2%25.7%
Operating margin6.6%12.2%4.1%8.9%8.4%10.0%
Net margin4.9%9.5%1.2%6.5%5.9%8.1%
Return on equity5.1%10.8%1.1%7.3%6.6%8.0%
Return on assets2.8%5.9%0.6%4.0%3.6%4.6%
Free cash flow yield20.4%9.2%12.3%4.1%-1.9%7.0%
Revenue growth-6.8%36.7%-19.9%5.6%18.1%3.2%
Earnings growth-51.6%976.4%-85.2%17.6%-14.6%6.8%
Current ratio1.79x1.85x1.78x1.97x1.77x1.79x
Debt to equity0.00x0.24x0.21x0.24x0.23x0.14x
Equity ratio54.3%54.4%52.8%55.5%54.3%57.4%
Interest coverage10.41x20.09x3.33x9.42x7.54x55.33x
R&D as a share of sales2.3%2.4%2.9%3.3%3.2%2.9%
Buybacks as a share of market value-1.7%22.0%-21.8%-6.0%2.7%-1.5%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue0.7%4.9%12.4%
Operating income2.2%0.7%14.6%
Net income-8.3%-5.0%10.3%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin31.3%30.0%28.8%29.6%
Operating margin10.1%8.3%8.5%8.1%
Net margin7.3%5.9%6.2%5.8%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings28.114.2158.516.519.114.917.136.7170.2224.4
Price to sales1.41.41.91.11.11.21.31.92.75.8

Dividends and splits

Per share, in the currency the company pays

Paid for 15 years. Last went ex-dividend on 26 May 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.120.160.180.200.180.180.150.10
  • 3-for-2 split · 11 May 2012
  • 8-for-5 split · 17 May 2011

Sources and methodology

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

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