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C

CITIC Heavy Industries Co 601608.SS · CNY

Industrials · Shanghai · 🇨🇳 China

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4.55

-0.87%

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¥8.08bn

FY2016FY2025

Net income

CN¥375.5m

FY2016FY2025

Free cash flow

CN¥632.6m

FY2016FY2025

Shareholders' equity

CN¥9.34bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥8.08bnCN¥8.03bnCN¥9.56bnCN¥8.83bnCN¥7.55bnCN¥6.32bnCN¥5.24bnCN¥5.20bnCN¥4.62bnCN¥3.77bn
Gross profitCN¥1.35bnCN¥1.79bnCN¥1.87bnCN¥1.43bnCN¥1.57bnCN¥1.52bnCN¥1.38bnCN¥1.27bnCN¥1.24bn−CN¥112.5m
Research and developmentCN¥385.0mCN¥492.1mCN¥530.6mCN¥635.8mCN¥516.9mCN¥426.1mCN¥388.2mCN¥347.6mCN¥298.9mCN¥345.7m
Operating incomeCN¥410.3mCN¥412.4mCN¥388.3mCN¥123.3mCN¥122.5mCN¥327.1mCN¥255.2mCN¥256.9mCN¥90.5m−CN¥1.62bn
Net incomeCN¥375.5mCN¥374.5mCN¥383.6mCN¥145.6mCN¥226.6mCN¥195.1mCN¥116.9mCN¥106.2mCN¥31.3m−CN¥1.58bn
Diluted earnings per share0.080.080.090.030.050.050.030.020.01-0.37

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥20.05bnCN¥19.68bnCN¥18.35bnCN¥19.50bnCN¥20.38bnCN¥20.20bnCN¥20.76bnCN¥19.66bnCN¥19.74bnCN¥19.77bn
Cash and short-term investmentsCN¥2.71bnCN¥2.08bnCN¥1.22bnCN¥1.63bnCN¥2.13bnCN¥2.48bnCN¥3.68bnCN¥3.78bnCN¥3.45bnCN¥3.96bn
Total liabilitiesCN¥10.18bnCN¥10.44bnCN¥10.11bnCN¥11.66bnCN¥12.64bnCN¥12.56bnCN¥13.27bnCN¥12.31bnCN¥12.43bnCN¥12.56bn
DebtCN¥3.27bnCN¥880.2mCN¥3.46bnCN¥3.85bnCN¥5.15bnCN¥5.47bnCN¥6.75bnCN¥6.92bnCN¥5.60bnCN¥6.21bn
Shareholders' equityCN¥9.34bnCN¥9.04bnCN¥8.02bnCN¥7.63bnCN¥7.54bnCN¥7.30bnCN¥7.16bnCN¥7.16bnCN¥7.15bnCN¥7.10bn
Shares outstanding4,580m4,580m4,339m4,339m4,341m4,327m4,438m4,799m4,147m4,315m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥918.3mCN¥815.7mCN¥1.24bnCN¥1.21bnCN¥682.0mCN¥605.2mCN¥450.8mCN¥724.2mCN¥565.9m−CN¥713.7m
Capital spending−CN¥285.7m−CN¥233.2m−CN¥147.0m−CN¥132.7m−CN¥315.1m−CN¥367.8m−CN¥400.8m−CN¥349.7m−CN¥330.2m−CN¥456.7m
Free cash flowCN¥632.6mCN¥582.5mCN¥1.09bnCN¥1.08bnCN¥366.8mCN¥237.4mCN¥50.0mCN¥374.5mCN¥235.7m−CN¥1.17bn
Dividends paid−CN¥131.0m−CN¥165.6m−CN¥115.7m−CN¥71.6m−CN¥61.6m−CN¥30.8m−CN¥13.5m−CN¥459.0m−CN¥328.5m−CN¥458.9m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥1.82bnCN¥2.21bnCN¥2.20bnCN¥1.92bnCN¥1.79bnCN¥2.19bnCN¥2.16bnCN¥1.99bn
Gross profitCN¥407.3mCN¥392.6mCN¥258.4mCN¥415.2mCN¥358.4mCN¥415.9mCN¥545.4mCN¥435.1m
Operating incomeCN¥152.3mCN¥133.3mCN¥162.2mCN¥66.8mCN¥71.4mCN¥92.2mCN¥82.9mCN¥92.3m
Net incomeCN¥114.2mCN¥95.1mCN¥90.5mCN¥81.7mCN¥112.3mCN¥90.9mCN¥90.4mCN¥93.1m
Diluted earnings per share0.020.020.020.020.020.020.020.02
Cash from operations——CN¥827.0mCN¥315.0mCN¥153.0m−CN¥381.0mCN¥505.0mCN¥75.0m
Capital spending−CN¥19.0m−CN¥90.0m−CN¥12.0m−CN¥64.0m−CN¥140.0m−CN¥68.0m−CN¥109.0m−CN¥41.0m
Free cash flow——CN¥815.0mCN¥251.0mCN¥13.0m−CN¥449.0mCN¥396.0mCN¥34.0m
Total assetsCN¥20.72bnCN¥20.07bnCN¥20.05bnCN¥19.87bnCN¥19.41bnCN¥19.31bnCN¥19.68bnCN¥18.97bn
Cash and short-term investments——CN¥2.71bnCN¥1.42bnCN¥1.71bnCN¥1.76bnCN¥2.08bnCN¥1.55bn
DebtCN¥720.0mCN¥1.00bnCN¥3.26bnCN¥2.21bnCN¥1.34bnCN¥890.0mCN¥870.0mCN¥1.40bn
Shareholders' equityCN¥9.38bnCN¥9.43bnCN¥9.34bnCN¥9.25bnCN¥9.17bnCN¥9.16bnCN¥9.04bnCN¥8.99bn

Financial ratios

Data as of 21 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin16.7%22.3%19.6%16.2%20.8%24.0%
Operating margin5.1%5.1%4.1%1.4%1.6%5.2%
Net margin4.6%4.7%4.0%1.6%3.0%3.1%
Return on equity4.0%4.1%4.8%1.9%3.0%2.7%
Return on assets1.9%1.9%2.1%0.7%1.1%1.0%
Free cash flow yield5.5%4.8%6.7%6.5%4.8%4.7%
Revenue growth0.6%-15.9%8.3%16.9%19.5%20.6%
Earnings growth0.2%-2.4%163.5%-35.8%16.1%66.9%
Current ratio1.35x1.34x1.24x1.23x1.15x1.10x
Debt to equity0.35x0.22x0.43x0.50x0.63x0.58x
Equity ratio46.6%46.0%43.7%39.1%37.0%36.2%
Interest coverage9.83x8.23x5.27x0.92x0.74x1.30x
R&D as a share of sales4.8%6.1%5.6%7.2%6.8%6.7%
Buybacks as a share of market value0.0%-5.5%0.0%0.0%-0.3%2.5%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-2.9%5.0%7.2%
Operating income49.3%4.6%25.5%
Net income37.1%14.0%19.7%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin19.5%18.7%19.7%20.2%
Operating margin5.1%3.9%3.7%1.1%
Net margin4.7%3.7%3.5%0.6%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings80.451.443.7104.085.587.8141.2117.5—-15.3
Price to sales3.72.41.81.72.62.73.12.43.76.4

Dividends and splits

Per share, in the currency the company pays

Paid for 8 years. Last went ex-dividend on 28 Jul 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.0330.0290.0290.0110.0170.0140.0070.003
  • 3-for-2 split · 25 Aug 2015

Sources and methodology

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

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