000534.SHE Wedge Industrial Co Ltd
- Market cap
- CNY 8.44B
- P/E
- 47.3x
- P/B
- 4.23x
- ROE
- 6.9%
- Dividend yield
- 1.40%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Sep 2026.
Is 000534.SHE undervalued?
Graham number000534.SHE trades 198.4% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Wedge Industrial Co Ltd fundamental analysis
No fundamental analysis for Wedge Industrial Co Ltd yet.
Wedge Industrial Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Wedge Industrial Co Ltd
Wedge Industrial Co.,Ltd., together with its subsidiaries, engages in the research and development, production, and sale of micro-ecological live bacteria products, superalloys, and related products in China. It offers microecological preparations, such as bifidobacterium lactobacillus triple live bacteria tablets under the Golden Bifidobacterium brand; vaginal lactobacillus live capsules under the Dingjun Sheng brand; dual-span microecological live bacteria drugs under the …
Full company profileWedge Industrial Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 2 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Wedge Industrial Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 492M | 195M | 255M | 706M | 549M | 553M | 656M | 794M | 981M | 1.08B | 1.17B |
| Gross Profit | 253M | 69.4M | 122M | 542M | 482M | 469M | 518M | 608M | 727M | 806M | 775M |
| Operating Income | 70.4M | 76.7M | 97.7M | 130M | 73.3M | 99.7M | 119M | 135M | 244M | 223M | 161M |
| EBITDA | 131M | 149M | 136M | 221M | 134M | 167M | 196M | 213M | 335M | 344M | 143M |
| Net Income | 46.4M | 76.2M | 89.5M | 145M | 70.7M | 76.7M | 95.3M | 102M | 177M | 193M | 133M |
| EPS | 0.09 | 0.15 | 0.18 | 0.29 | 0.14 | 0.16 | 0.19 | 0.20 | 0.35 | 0.38 | 0.26 |
| Balance Sheet | |||||||||||
| Total Assets | 3.29B | 2.36B | 2.41B | 3.17B | 2.06B | 2.15B | 2.12B | 2.43B | 3.12B | 3.97B | 5.19B |
| Total Liabilities | 1.63B | 950M | 864M | 1.42B | 1.11B | 1.15B | 1.02B | 1.19B | 1.82B | 2.42B | 2.93B |
| Shareholders' Equity | 1.31B | 1.39B | 1.53B | 1.75B | 948M | 1,000M | 1.07B | 1.19B | 1.21B | 1.36B | 1.92B |
| Cash & Short-term Investments | 314M | 709M | 780M | 328M | 186M | 395M | 343M | 293M | 259M | 381M | 443M |
| Total Debt | 439M | 246M | 170M | 287M | 400M | 536M | 430M | 628M | 1.02B | 1.49B | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | -8.21M | -205M | 78.5M | 76.1M | 155M | 142M | 137M | 195M | 94.7M | 114M | - |
| Capital Expenditure | 48.5M | 125M | 288M | 269M | 398M | 155M | 217M | 342M | 391M | 587M | 328M |
| Free Cash Flow | -56.7M | -330M | -222M | -380M | -243M | -12.3M | -80.0M | -147M | -296M | -473M | -265M |
| Ratios | |||||||||||
| ROE | 3.5% | 5.5% | 5.9% | 8.3% | 7.5% | 7.7% | 8.9% | 8.5% | 14.6% | 14.2% | 6.9% |
| ROA | 1.4% | 3.2% | 3.7% | 4.6% | 3.4% | 3.6% | 4.5% | 4.2% | 5.7% | 4.9% | 2.6% |
| Net Profit Margin | 9.4% | 39.1% | 35.1% | 20.5% | 12.9% | 13.9% | 14.5% | 12.8% | 18.0% | 17.9% | 11.4% |
| Debt to Equity | 0.33x | 0.18x | 0.11x | 0.16x | 0.42x | 0.54x | 0.40x | 0.53x | 0.84x | 1.10x | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Wedge Industrial Co Ltd dividends
- Dividend yield
- 1.40%
- Forward dividend
- -
- Payout ratio
- 61.3%
- Ex-dividend date
- Aug 14, 2025
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2024 | CNY 118M | 0.23 | 61.3% |
| 2023 | CNY 58.3M | 0.12 | 33.0% |
| 2022 | CNY 25.0M | 0.05 | 24.6% |
| 2021 | CNY 62.6M | 0.12 | 65.7% |
| 2020 | CNY 52.9M | 0.11 | 68.9% |
| 2019 | CNY 53.6M | 0.11 | 75.8% |
| 2018 | CNY 113M | 0.23 | 78.2% |
| 2017 | CNY 55.7M | 0.11 | 62.3% |
| 2016 | CNY 97.1M | 0.19 | 127.5% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 15.31:10 on Aug 11, 2006.
Who owns Wedge Industrial Co Ltd
- Insiders 26.51%
- Institutions 21.39%
- Public & others 52.10%
- Shares outstanding 510M
- Free float 311M
Wedge Industrial Co Ltd company profile
- Company name
- Wedge Industrial Co Ltd
- Ticker
- 000534.SHE
- ISIN
- CNE0000004T4
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Oct 19, 1993
- Sector
- Healthcare
- Industry
- Real Estate Management & Development
- Employees
- 1,438
- Fiscal year end
- December
- Address
- Building B, Guangming Building, Shantou, China, 515041
- Phone
- 86 754 8885 7191
- Website
- wedgeind.com
About Wedge Industrial Co Ltd
Wedge Industrial Co.,Ltd., together with its subsidiaries, engages in the research and development, production, and sale of micro-ecological live bacteria products, superalloys, and related products in China. It offers microecological preparations, such as bifidobacterium lactobacillus triple live bacteria tablets under the Golden Bifidobacterium brand; vaginal lactobacillus live capsules under the Dingjun Sheng brand; dual-span microecological live bacteria drugs under the Jin Shuangqi brand; and vaginal microecological live bacteria drug for use in the treatment of gynecological infections under the Dingjunsheng brand. The company also provides probiotic products, health food products, probiotic dietary supplements, probiotic hand creams, and other probiotic health products under the Sanlian Probiotics, Bacteria powder, and Today's Bacteria brands. In addition, it is involved in the research, development, and manufacture of high-temperature alloy materials and core components, including precision casting blades, high temperature alloy powder discs, high temperature master alloys and their alloy powders, and nickel-based high-temperature master alloys. The company was formerly known as Guangdong Wanze Industrial Co., Ltd. and changed its name to Wedge Industrial Co., Ltd. in May 2013. The company was founded in 1992 and is based in Shantou, China.
Wedge Industrial Co Ltd management
3- Ms. Lan ChenGM & Director · born 1968
- Ms. Liyun LinCFO & Accounting Supervisor · born 1966
- Mr. Yongfeng CaiDeputy GM, Secretary & Director · born 1977