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Shandong Donghong Pipe Industry Co 603856.SS · CNY

Industrials · Shanghai · 🇨🇳 China

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10.34

+0.10%

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¥2.20bn

FY2016FY2025

Net income

CN¥249.4m

FY2016FY2025

Free cash flow

CN¥322.5m

FY2016FY2025

Shareholders' equity

CN¥2.78bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥2.20bnCN¥2.49bnCN¥2.86bnCN¥2.85bnCN¥2.21bnCN¥2.39bnCN¥1.84bnCN¥1.64bnCN¥1.51bnCN¥1.12bn
Gross profitCN¥434.9mCN¥455.5mCN¥549.9mCN¥544.5mCN¥419.4mCN¥618.0mCN¥468.4mCN¥361.3mCN¥326.3mCN¥304.8m
Research and developmentCN¥76.6mCN¥86.5mCN¥88.0mCN¥84.8mCN¥53.6mCN¥61.9mCN¥53.4mCN¥43.1mCN¥42.4mCN¥28.2m
Operating incomeCN¥277.8mCN¥215.5mCN¥204.0mCN¥177.2mCN¥167.5mCN¥376.7mCN¥230.5mCN¥179.6mCN¥148.7mCN¥122.3m
Net incomeCN¥249.4mCN¥169.2mCN¥161.1mCN¥149.2mCN¥133.0mCN¥318.5mCN¥201.4mCN¥154.5mCN¥121.9mCN¥97.7m
Diluted earnings per share0.930.650.630.570.551.230.810.580.520.49

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥3.99bnCN¥3.70bnCN¥3.56bnCN¥3.94bnCN¥3.47bnCN¥2.87bnCN¥2.09bnCN¥1.89bnCN¥1.73bnCN¥1.16bn
Cash and short-term investments—CN¥365.4mCN¥394.3mCN¥478.2mCN¥283.0mCN¥318.0mCN¥258.7mCN¥194.9mCN¥117.5mCN¥62.6m
Total liabilitiesCN¥1.20bnCN¥1.35bnCN¥1.31bnCN¥1.82bnCN¥1.46bnCN¥908.4mCN¥383.9mCN¥335.6mCN¥293.1mCN¥315.1m
Debt—CN¥834.5mCN¥820.7mCN¥1.07bnCN¥797.4mCN¥253.3mCN¥17.0mCN¥76.0mCN¥90.0mCN¥119.4m
Shareholders' equityCN¥2.78bnCN¥2.35bnCN¥2.24bnCN¥2.12bnCN¥2.00bnCN¥1.96bnCN¥1.70bnCN¥1.55bnCN¥1.43bnCN¥834.7m
Shares outstanding267m260m254m260m243m260m248m264m235m198m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥380.3mCN¥94.5mCN¥191.8mCN¥17.6m−CN¥200.9m−CN¥27.1mCN¥101.8mCN¥68.8m−CN¥150.7mCN¥163.0m
Capital spending−CN¥57.7m−CN¥144.0m−CN¥6.3m−CN¥36.4m−CN¥163.4m−CN¥61.4m−CN¥39.3m−CN¥70.7m−CN¥32.2m−CN¥6.0m
Free cash flowCN¥322.5m−CN¥49.6mCN¥185.5m−CN¥18.8m−CN¥364.4m−CN¥88.5mCN¥62.5m−CN¥1.9m−CN¥182.9mCN¥157.0m
Dividends paid−CN¥74.6m−CN¥77.1m−CN¥72.4m−CN¥39.6m−CN¥95.4m−CN¥60.5m−CN¥46.4m−CN¥41.6m−CN¥13.0m−CN¥13.8m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥550.4mCN¥523.7mCN¥503.8mCN¥639.1mCN¥539.1mCN¥521.5mCN¥320.6mCN¥591.3m
Gross profitCN¥124.5mCN¥102.9mCN¥96.8mCN¥127.4mCN¥101.4mCN¥109.3mCN¥39.4mCN¥108.6m
Operating incomeCN¥62.0mCN¥44.5mCN¥20.1mCN¥79.8mCN¥64.6mCN¥53.3mCN¥5.7mCN¥36.3m
Net incomeCN¥58.4mCN¥44.6mCN¥75.4mCN¥72.1mCN¥59.0mCN¥42.8mCN¥719,918CN¥18.0m
Diluted earnings per share0.220.170.280.270.220.160.000.07
Cash from operations———CN¥58.0m−CN¥77.0mCN¥118.0mCN¥172.0m−CN¥94.0m
Capital spending−CN¥20.0m−CN¥5.0m−CN¥27.0m−CN¥6.0m−CN¥13.0m−CN¥9.0m−CN¥45.0m−CN¥92.0m
Free cash flow———CN¥52.0m−CN¥90.0mCN¥109.0mCN¥127.0m−CN¥186.0m
Total assetsCN¥3.91bnCN¥3.86bnCN¥3.99bnCN¥3.64bnCN¥3.63bnCN¥3.72bnCN¥3.70bnCN¥3.97bn
Cash and short-term investments———CN¥221.1mCN¥377.4mCN¥466.0mCN¥365.4mCN¥281.7m
DebtCN¥49.7mCN¥27.1m—CN¥308.3mCN¥298.0mCN¥606.1mCN¥833.3mCN¥1.01bn
Shareholders' equityCN¥2.77bnCN¥2.79bnCN¥2.78bnCN¥2.70bnCN¥2.64bnCN¥2.63bnCN¥2.35bnCN¥2.36bn

Financial ratios

Data as of 20 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin19.7%18.3%19.2%19.1%19.0%25.8%—
Operating margin12.8%8.9%7.4%7.3%7.7%15.9%—
Net margin11.3%6.8%5.6%5.2%6.0%13.3%—
Return on equity9.0%7.2%7.2%7.0%6.6%16.2%—
Return on assets6.3%4.6%4.5%3.8%3.8%11.1%—
Free cash flow yield14.4%8.0%6.8%1.8%-1.4%1.2%—
Revenue growth-11.5%-13.1%0.4%29.1%-7.7%30.1%—
Earnings growth47.4%5.0%8.0%12.2%-58.2%58.2%—
Current ratio2.69x2.49x2.01x1.91x1.76x2.69x—
Debt to equity—0.36x0.25x0.50x0.38x0.13x0.01x
Equity ratio69.7%63.4%62.9%53.8%57.8%68.3%—
Interest coverage28.34x8.24x8.65x6.45x7.97x49.66x—
R&D as a share of sales3.5%3.5%3.1%3.0%2.4%2.6%—
Buybacks as a share of market value-2.8%-2.2%2.4%-7.2%6.4%-4.5%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-8.2%-1.6%6.9%
Operating income16.2%-5.9%9.0%
Net income18.7%-4.8%9.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin19.0%19.1%20.1%21.5%
Operating margin10.5%8.4%9.5%10.0%
Net margin8.9%7.0%7.9%8.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings13.417.018.420.223.29.812.821.530.5
Price to sales1.51.11.01.11.41.31.42.02.5

Dividends and splits

Per share, in the currency the company pays

Paid for 8 years. Last went ex-dividend on 10 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.2310.2170.1890.1740.1550.3710.2360.181
  • 13-for-10 split · 22 Jun 2018

Sources and methodology

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

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