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Henan Pinggao Electric Co 600312.SS · CNY

Industrials · Shanghai · 🇨🇳 China

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21.18

-2.67%

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¥12.52bn

FY2016FY2025

Net income

CN¥1.12bn

FY2016FY2025

Free cash flow

CN¥511.5m

FY2016FY2025

Shareholders' equity

CN¥11.25bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥12.52bnCN¥12.40bnCN¥11.08bnCN¥9.27bnCN¥9.27bnCN¥9.78bnCN¥11.16bnCN¥10.82bnCN¥8.96bnCN¥8.87bn
Gross profitCN¥2.99bnCN¥2.70bnCN¥2.28bnCN¥1.59bnCN¥1.19bnCN¥1.13bnCN¥1.27bnCN¥1.44bnCN¥1.76bnCN¥2.47bn
Research and developmentCN¥619.8mCN¥550.5mCN¥524.0mCN¥390.1mCN¥167.2mCN¥234.0mCN¥235.1mCN¥183.6mCN¥106.4mCN¥314.4m
Operating incomeCN¥1.45bnCN¥1.27bnCN¥999.7mCN¥324.0mCN¥134.5mCN¥237.6mCN¥313.3mCN¥481.6mCN¥843.8mCN¥1.59bn
Net incomeCN¥1.12bnCN¥1.02bnCN¥815.7mCN¥212.2mCN¥70.8mCN¥126.1mCN¥228.5mCN¥286.3mCN¥630.5mCN¥1.22bn
Diluted earnings per share0.830.750.600.160.050.090.170.210.461.07

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥22.13bnCN¥21.74bnCN¥20.16bnCN¥17.85bnCN¥19.18bnCN¥20.75bnCN¥22.70bnCN¥22.47bnCN¥19.23bnCN¥17.72bn
Cash and short-term investments—CN¥7.13bnCN¥5.00bnCN¥3.50bnCN¥2.77bnCN¥2.34bnCN¥2.40bnCN¥2.43bnCN¥1.62bnCN¥1.81bn
Total liabilitiesCN¥10.36bnCN¥10.78bnCN¥9.67bnCN¥8.11bnCN¥9.68bnCN¥11.37bnCN¥13.35bnCN¥13.25bnCN¥10.05bnCN¥8.37bn
DebtCN¥74.2mCN¥43.8mCN¥215.6mCN¥362.9mCN¥658.4mCN¥1.27bnCN¥2.33bnCN¥3.54bnCN¥3.08bnCN¥1.52bn
Shareholders' equityCN¥11.25bnCN¥10.47bnCN¥10.03bnCN¥9.32bnCN¥9.14bnCN¥9.08bnCN¥9.05bnCN¥8.93bnCN¥8.85bnCN¥9.02bn
Shares outstanding1,357m1,357m1,357m1,357m1,357m1,357m1,357m1,357m1,357m1,138m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥810.7mCN¥3.01bnCN¥2.50bnCN¥1.40bnCN¥1.20bnCN¥1.34bnCN¥1.27bnCN¥768.3m−CN¥757.3mCN¥1.52bn
Capital spending−CN¥299.2m−CN¥187.5m−CN¥112.6m−CN¥69.4m−CN¥99.4m−CN¥72.1m−CN¥124.0m−CN¥107.1m−CN¥127.6m−CN¥183.1m
Free cash flowCN¥511.5mCN¥2.82bnCN¥2.39bnCN¥1.33bnCN¥1.10bnCN¥1.26bnCN¥1.15bnCN¥661.2m−CN¥884.9mCN¥1.33bn
Dividends paid−CN¥461.1m−CN¥478.9m−CN¥91.1m−CN¥21.7m−CN¥38.0m−CN¥69.2m−CN¥86.8m−CN¥312.1m−CN¥920.9m−CN¥654.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥2.92bnCN¥2.45bnCN¥4.08bnCN¥2.74bnCN¥3.19bnCN¥2.51bnCN¥4.52bnCN¥2.84bn
Gross profitCN¥878.3mCN¥720.8mCN¥877.2mCN¥708.1mCN¥686.7mCN¥721.5mCN¥786.6mCN¥727.2m
Operating incomeCN¥579.6mCN¥485.9mCN¥272.4mCN¥370.0mCN¥371.0mCN¥449.7mCN¥211.1mCN¥381.0m
Net incomeCN¥402.0mCN¥414.8mCN¥137.5mCN¥317.5mCN¥306.4mCN¥358.4mCN¥166.2mCN¥323.4m
Diluted earnings per share0.300.310.100.230.230.260.120.24
Cash from operations———CN¥578.0mCN¥118.0m−CN¥547.0m—CN¥274.0m
Capital spending−CN¥83.0m−CN¥60.0m−CN¥198.0m−CN¥56.0m−CN¥35.0m−CN¥8.0m−CN¥72.0m−CN¥36.0m
Free cash flow———CN¥522.0mCN¥83.0m−CN¥555.0m—CN¥238.0m
Total assetsCN¥21.63bnCN¥21.69bnCN¥22.13bnCN¥22.72bnCN¥22.64bnCN¥22.05bnCN¥21.74bnCN¥21.48bn
Cash and short-term investments———CN¥6.94bnCN¥6.49bnCN¥6.49bnCN¥7.13bnCN¥5.28bn
DebtCN¥74.2mCN¥74.2mCN¥74.2mCN¥2.41bnCN¥41.0mCN¥41.0mCN¥41.0m—
Shareholders' equityCN¥11.87bnCN¥11.67bnCN¥11.25bnCN¥11.38bnCN¥11.06bnCN¥10.84bnCN¥10.47bnCN¥10.42bn

Financial ratios

Data as of 22 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin23.9%21.8%20.6%17.1%12.8%11.6%
Operating margin11.6%10.2%9.0%3.5%1.5%2.4%
Net margin8.9%8.3%7.4%2.3%0.8%1.3%
Return on equity10.0%9.8%8.1%2.3%0.8%1.4%
Return on assets5.1%4.7%4.0%1.2%0.4%0.6%
Free cash flow yield4.2%12.2%10.0%5.6%5.0%5.4%
Revenue growth0.9%12.0%19.4%0.0%-5.2%-12.4%
Earnings growth9.4%25.4%284.5%199.8%-43.9%-44.8%
Current ratio1.68x1.56x1.53x1.53x1.34x1.22x
Debt to equity0.01x0.00x0.02x0.04x-0.00x0.14x
Equity ratio50.8%48.2%49.7%52.2%47.6%43.7%
Interest coverage793.69x126.45x117.05x8.84x2.33x2.76x
R&D as a share of sales5.0%4.4%4.7%4.2%1.8%2.4%
Buybacks as a share of market value0.0%-0.0%0.0%0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue10.5%5.1%6.4%
Operating income64.8%43.6%3.2%
Net income74.1%54.8%2.4%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin22.8%21.1%18.5%18.7%
Operating margin10.9%8.9%6.9%7.8%
Net margin8.6%7.0%5.2%6.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings21.025.521.150.6174.376.838.438.321.514.6
Price to sales1.92.11.61.21.31.00.81.01.52.0

Dividends and splits

Per share, in the currency the company pays

Paid for 13 years. Last went ex-dividend on 25 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.1430.2550.4340.0550.0160.0280.0510.064
  • 6-for-5 split · 18 Jun 2010
  • 6-for-5 split · 9 Jun 2009
  • 7-for-5 split · 15 May 2008
  • 1.171-for-1 split · 22 May 2006
  • 17-for-10 split · 30 May 2003

Sources and methodology

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

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