Shandong Liancheng Precision Manufacturing Co 002921.SZ · CNY
Materials · Shenzhen · 🇨🇳 China
16.26
+0.43%
Close of 9 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥1.16bn
FY2016FY2025
Net income
−CN¥14.5m
FY2016FY2025
Free cash flow
CN¥54.4m
FY2016FY2025
Shareholders' equity
CN¥1.32bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.16bn | CN¥1.08bn | CN¥1.10bn | CN¥1.23bn | CN¥1.21bn | CN¥912.5m | CN¥747.8m | CN¥665.4m | CN¥609.7m | CN¥511.6m |
| Research and development | CN¥33.0m | CN¥28.3m | CN¥31.4m | CN¥28.7m | CN¥27.8m | CN¥24.7m | CN¥20.1m | CN¥17.1m | CN¥7.0m | CN¥15.0m |
| Operating income | CN¥5.9m | −CN¥38.1m | CN¥54.3m | CN¥52.8m | CN¥92.3m | CN¥88.9m | CN¥54.9m | CN¥64.4m | CN¥68.7m | CN¥64.0m |
| Net income | −CN¥14.5m | −CN¥38.0m | CN¥4.9m | CN¥25.8m | CN¥74.2m | CN¥71.9m | CN¥46.3m | CN¥45.0m | CN¥47.1m | CN¥47.5m |
| Diluted earnings per share | -0.10 | -0.32 | 0.05 | 0.19 | 0.72 | 0.73 | 0.45 | 0.43 | 0.62 | 0.59 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.31bn | CN¥2.37bn | CN¥2.27bn | CN¥2.27bn | CN¥1.84bn | CN¥1.51bn | CN¥1.26bn | CN¥1.22bn | CN¥1.15bn | CN¥861.1m |
| Cash and short-term investments | — | CN¥236.5m | CN¥259.0m | CN¥246.8m | CN¥182.7m | CN¥242.2m | CN¥174.0m | CN¥112.9m | CN¥277.0m | CN¥89.2m |
| Total liabilities | CN¥960.0m | CN¥1.26bn | CN¥1.09bn | CN¥992.3m | CN¥905.2m | CN¥662.7m | CN¥555.3m | CN¥551.3m | CN¥496.1m | CN¥440.6m |
| Debt | CN¥77.8m | CN¥927.9m | CN¥840.3m | CN¥697.9m | CN¥569.3m | CN¥414.1m | CN¥227.6m | CN¥312.1m | CN¥292.4m | CN¥251.7m |
| Shareholders' equity | CN¥1.32bn | CN¥1.08bn | CN¥1.19bn | CN¥1.23bn | CN¥897.7m | CN¥852.0m | CN¥702.3m | CN¥671.9m | CN¥652.4m | CN¥417.1m |
| Shares outstanding | 138m | 119m | 106m | 134m | 103m | 99m | 103m | 105m | 76m | 80m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥93.7m | CN¥140.0m | CN¥104.6m | CN¥103.0m | CN¥811,324 | −CN¥21.0m | CN¥61.7m | CN¥19.8m | CN¥19.1m | CN¥81.2m |
| Capital spending | −CN¥39.4m | −CN¥50.9m | −CN¥107.1m | −CN¥147.6m | −CN¥149.1m | −CN¥65.0m | −CN¥62.3m | −CN¥108.4m | −CN¥32.4m | −CN¥37.8m |
| Free cash flow | CN¥54.4m | CN¥89.0m | −CN¥2.6m | −CN¥44.6m | −CN¥148.3m | −CN¥86.0m | −CN¥533,915 | −CN¥88.5m | −CN¥13.3m | CN¥43.4m |
| Dividends paid | −CN¥13.1m | −CN¥29.7m | −CN¥57.9m | −CN¥45.6m | −CN¥32.6m | −CN¥24.0m | −CN¥12.0m | −CN¥34.1m | −CN¥23.7m | −CN¥26.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥400.4m | CN¥320.4m | CN¥301.6m | CN¥306.4m | CN¥289.1m | CN¥260.7m | CN¥263.7m | CN¥275.5m |
| Operating income | CN¥21.0m | CN¥11.6m | CN¥908,897 | CN¥3.6m | CN¥6.5m | CN¥1.4m | −CN¥14.5m | CN¥8.8m |
| Net income | CN¥4.9m | −CN¥949,106 | −CN¥3.0m | CN¥545,634 | −CN¥4.2m | −CN¥7.8m | −CN¥13.5m | −CN¥5.7m |
| Diluted earnings per share | 0.04 | -0.01 | -0.02 | 0.00 | -0.03 | -0.06 | -0.11 | -0.05 |
| Cash from operations | — | — | — | CN¥7.0m | CN¥37.0m | CN¥25.0m | — | CN¥38.0m |
| Capital spending | −CN¥13.0m | −CN¥12.0m | −CN¥15.0m | −CN¥14.0m | −CN¥4.0m | −CN¥5.0m | −CN¥12.0m | −CN¥6.0m |
| Free cash flow | — | — | — | −CN¥7.0m | CN¥33.0m | CN¥20.0m | — | CN¥32.0m |
| Total assets | CN¥2.35bn | CN¥2.35bn | CN¥2.31bn | CN¥2.35bn | CN¥2.33bn | CN¥2.36bn | CN¥2.37bn | CN¥2.46bn |
| Cash and short-term investments | — | — | — | CN¥252.3m | CN¥274.9m | CN¥291.0m | CN¥236.5m | CN¥300.7m |
| Debt | CN¥76.6m | CN¥76.8m | CN¥77.8m | CN¥535.9m | CN¥769.2m | CN¥795.8m | CN¥900.6m | CN¥918.2m |
| Shareholders' equity | CN¥1.31bn | CN¥1.31bn | CN¥1.32bn | CN¥1.32bn | CN¥1.15bn | CN¥1.16bn | CN¥1.08bn | CN¥1.09bn |
Financial ratios
Data as of 22 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 1.3% | 1.2% | 4.9% | 7.4% | 9.7% | 12.1% |
| Net margin | -1.3% | -3.5% | 0.4% | 2.1% | 6.1% | 7.9% |
| Return on equity | -1.1% | -3.5% | 0.4% | 2.1% | 8.3% | 8.4% |
| Return on assets | -0.6% | -1.6% | 0.2% | 1.1% | 4.0% | 4.7% |
| Free cash flow yield | 5.7% | 9.5% | 11.8% | 11.0% | 8.6% | 2.6% |
| Revenue growth | 7.7% | -2.6% | -10.2% | 1.6% | 32.7% | 22.0% |
| Earnings growth | -61.8% | -878.9% | -81.1% | -65.3% | 3.2% | 55.4% |
| Current ratio | 1.27x | 1.38x | 1.48x | 1.69x | 1.58x | 2.22x |
| Debt to equity | 0.06x | 0.83x | 0.71x | 0.53x | 0.56x | 0.49x |
| Equity ratio | 56.8% | 45.5% | 52.3% | 54.2% | 48.9% | 56.2% |
| Interest coverage | 0.49x | 0.26x | 1.27x | 2.24x | 4.62x | 4.91x |
| R&D as a share of sales | 2.9% | 2.6% | 2.8% | 2.3% | 2.3% | 2.7% |
| Buybacks as a share of market value | -16.0% | -12.7% | 21.4% | -30.4% | -4.5% | 4.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.0% | 4.9% | 8.6% |
| Operating income | -51.9% | -41.9% | -18.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1.4% | 1.6% | 3.8% | 5.7% |
| Net margin | -2.3% | -0.5% | 1.9% | 3.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -162.3 | -34.3 | 355.1 | 68.3 | 23.7 | 20.6 | 31.4 | 46.6 | 22.7 |
| Price to sales | 2.0 | 1.2 | 1.6 | 1.4 | 1.4 | 1.6 | 1.9 | 3.1 | 1.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 7 Jun 2024.
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 0.10 | 0.35 | 0.35 | 0.308 | 0.231 | 0.115 | 0.192 |
- 13-for-10 split · 11 May 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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