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Shandong Donghong Pipe Industry Co., Ltd. Class A(603856 CG)

$11.39+0.191.70%(Market Closed · 07:00:02 UTC · (15 min delay))

Overview

Profile

Financials & Metrics

FinancialsChartingEmployees
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603856 CG​

Shandong Donghong Pipe Industry Co., Ltd. Class A — Company Profile

Shandong Donghong Pipe Industry Co., Ltd., headquartered in Qufu, China, and founded in 1997, is a Chinese enterprise dedicated to the research, development, production, and maintenance of various pipeline systems. The company offers a broad array of piping solutions, including SRTP, polyethylene composite, and PVC pipe systems, alongside insulation pipes, anti-corrosion metal pipes, and related pipe connections. Beyond finished products, Shandong Donghong also innovates and manufactures crucial materials for pipeline construction, such as adhesive resins, polyolefin wear-resistant compounds, 3PE pipeline corrosion protection, epoxy resin anti-corrosion powder, phosphorus flame retardants, anti-static flame-retardant polyethylene, and other auxiliary pipe materials. Their engineering pipeline offerings and complete contracting solutions are widely employed in significant undertakings across national municipal, water conservancy, industrial and mining, and thermal sectors.

Sector
Industrials
Industry
Construction
Exchange
CG
CEO
Fengyao Ni
Headquarters
Qufu, SD, CN
IPO Date
Nov 6, 2017
Employees
1,648
Website
www.dhguanye.com

Key Metrics

Price
$11.73
Market Cap
$3.31B
Revenue (TTM)
$523.72M
Net Income (TTM)
$44.61M
EPS (TTM)
0.16
P/E (TTM)
13.21
P/B (TTM)
1.20
Dividend Yield
1.89%
ROE (TTM)
1.60%
ROA (TTM)
1.15%
Operating Margin
9.94%
Beta
-0.14

Dividends

Last Dividend
$0.04
Last Yield
0.02%

Summary

Shandong Donghong Pipe Industry Co., Ltd., headquartered in Qufu, China, and founded in 1997, is a Chinese enterprise dedicated to the research, development, production, and maintenance of various pipeline systems. The company offers a broad array of piping solutions, including SRTP, polyethylene composite, and PVC pipe systems, alongside insulation pipes, anti-corrosion metal pipes, and related pipe connections. Beyond finished products, Shandong Donghong also innovates and manufactures crucial materials for pipeline construction, such as adhesive resins, polyolefin wear-resistant compounds, 3PE pipeline corrosion protection, epoxy resin anti-corrosion powder, phosphorus flame retardants, anti-static flame-retardant polyethylene, and other auxiliary pipe materials. Their engineering pipeline offerings and complete contracting solutions are widely employed in significant undertakings across national municipal, water conservancy, industrial and mining, and thermal sectors.

Website
www.dhguanye.com
Location
Qufu, SD, CN
Phone86 40 0658 3699
Employees1,648
CEOFengyao Ni
Sector
Industrials
IndustryConstruction
IPO DateNov 6, 2017

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Key Stats

Trading

Px/Chg 1D$11.73 / +0.17%
Avg Volume5.65M
Beta-0.14
Mkt Cap3.31B
FD Mkt Cap3.29B

Float

Shrs Out/Float282.06M / 216.07M
Short Float0.00%
Days to Cover0.00
Stock Repurchased$0.00

Current Valuation

EV3.44B
EV/EBITDA10.71
EV/Sales1.55
P/B1.20
P/S1.49
FCF Yield-2.89%
ROE1.60%
ROA1.15%
Current Ratio3.03

Dividend

Cash$0.04
Yield1.89%
Yield (TTM)1.89%

Estimates

P/E13.21
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Sep '26
PRICE-BASED RATIOS
Price / Earnings31.3819.9316.4917.0946.7156.66
Price / Sales3.231.040.931.166.996.01
Price / Book Value1.261.401.191.231.271.20
Price / Free Cash Flow-44.59-158.1814.33-58.3713.91-34.65
ENTERPRISE VALUE METRICS
Enterprise Value3,310.53,564.03,090.43,367.93,086.93,443.4
Enterprise Value / Sales3.211.251.081.356.136.26
Enterprise Value / EBITDA23.4013.4411.1911.8431.4349.08
Enterprise Value / EBIT30.8217.0514.5215.1240.7366.71

Financials

Full Financials
Millions CNY5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-6.2%2,208.92,851.52,864.12,489.52,203.4
Gross Income91%419.4544.5549.9455.5434.9
EBITDA13%211.9265.1276.1284.4345.5
EBIT13.3%170.5209.1212.9222.7281.1
Net Income17%133.0149.2161.1169.2249.4
EPS (Diluted)16.9%0.520.580.630.660.97
BALANCE SHEET
Cash & ST Inv16.2%283.0478.2394.3365.4515.0
Total Assets3.5%3,468.33,937.33,558.53,698.43,986.3
Total Liabilities-4.8%1,464.21,817.01,312.51,346.61,201.0
Total Shareholder Equity8.5%2,004.02,119.32,239.52,345.52,779.9
CASH FLOW
Net Operating Cash Flow—-200.917.6191.894.5380.3
Cap Ex-22.9%-163.4-36.4-6.3-144.0-57.7
Free Cash Flow—-364.4-18.8185.5-49.6322.5

Enterprise Value Bridge

Millions CNY23 Oct '26
Price (As of 23 Oct '26)11.13
Basic Shares282.06
Market Cap3,139.3
Diluted Shares278.02
Fully Diluted Shares Outstanding278.02
Fully Diluted Market Cap3,094.4
+Consolidated Debt379.1
−In-the-Money Convertible Debt—
+Capital Leases15.2
+Operating Leases—
−Cash & Equivalents-249.2
−Short-term Investments-30.2
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest5.0
+Pension Liabilities—
Enterprise Value3,274.2

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