000778.SHE Xinxing Ductile Iron Pipes Co Ltd
- Market cap
- CNY 13.2B
- P/E
- 19.6x
- P/B
- 0.50x
- ROE
- 2.2%
- Dividend yield
- 3.01%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000778.SHE undervalued?
Graham number000778.SHE trades 33.8% below 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?
Xinxing Ductile Iron Pipes Co Ltd fundamental analysis
No fundamental analysis for Xinxing Ductile Iron Pipes Co Ltd yet.
Xinxing Ductile Iron Pipes Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Xinxing Ductile Iron Pipes Co Ltd
Xinxing Ductile Iron Pipes Co., Ltd., together with its subsidiaries, provides cast iron pipes and steel in China and internationally. The company offers hot-rolled ribbed steel bars, cold-heading steel, gear steel, tool and die steel, and axle steel; ductile iron pipe fittings for various interface types and pressure ratings; and steel-plastic composite pipes, special steel pipes, stainless steel pipes, and fittings. It also provides seamless steel pipe products, such as bi…
Full company profileXinxing Ductile Iron Pipes Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Xinxing Ductile Iron Pipes Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 52.2B | 41.4B | 40.5B | 40.9B | 43.0B | 53.3B | 47.8B | 43.3B | 36.2B | 37.0B | 42.3B |
| Gross Profit | 2.82B | 4.48B | 7.20B | 5.68B | 5.25B | 5.28B | 3.30B | 2.56B | 1.66B | 2.85B | 2.39B |
| Operating Income | 144M | 1.73B | 3.38B | 2.03B | 2.79B | 2.99B | 2.19B | 1.63B | 272M | 1.30B | 908M |
| EBITDA | 1.96B | 3.38B | 5.57B | 4.23B | 4.01B | 4.14B | 3.04B | 2.45B | 1.76B | 3.18B | 1.14B |
| Net Income | 440M | 1.09B | 2.10B | 1.50B | 1.81B | 2.01B | 1.68B | 1.35B | 167M | 947M | 592M |
| EPS | 0.11 | 0.28 | 0.53 | 0.38 | 0.45 | 0.51 | 0.42 | 0.34 | 0.04 | 0.24 | 0.15 |
| Balance Sheet | |||||||||||
| Total Assets | 49.3B | 49.2B | 51.8B | 49.6B | 53.2B | 53.4B | 55.9B | 55.5B | 53.3B | 52.1B | 50.4B |
| Total Liabilities | 30.8B | 28.5B | 30.1B | 27.2B | 29.0B | 27.0B | 28.3B | 27.0B | 25.1B | 22.9B | 21.5B |
| Shareholders' Equity | 17.4B | 19.7B | 20.5B | 21.2B | 22.1B | 23.5B | 24.6B | 25.5B | 25.4B | 26.4B | 26.4B |
| Cash & Short-term Investments | 5.44B | 6.07B | 7.96B | 8.86B | 10.5B | 9.53B | 10.8B | 10.5B | 9.02B | 7.54B | 4.97B |
| Total Debt | 14.7B | 15.0B | 13.6B | 12.8B | 11.5B | 13.1B | 14.7B | 10.2B | 10.7B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 1.10B | 3.68B | 3.75B | 3.13B | 3.12B | 3.17B | 3.23B | 1.91B | 715M | 3.53B | - |
| Capital Expenditure | 1.92B | 1.66B | 1.84B | 2.98B | 883M | 3.09B | 2.34B | 1.34B | 955M | 1.10B | 1.07B |
| Free Cash Flow | -820M | 2.03B | 1.91B | 151M | 2.24B | 74.4M | 887M | 572M | -240M | 2.42B | 766M |
| Ratios | |||||||||||
| ROE | 2.5% | 5.5% | 10.2% | 7.1% | 8.2% | 8.5% | 6.8% | 5.3% | 0.7% | 3.6% | 2.2% |
| ROA | 0.9% | 2.2% | 4.1% | 3.0% | 3.4% | 3.8% | 3.0% | 2.4% | 0.3% | 1.8% | 1.2% |
| Net Profit Margin | 0.8% | 2.6% | 5.2% | 3.7% | 4.2% | 3.8% | 3.5% | 3.1% | 0.5% | 2.6% | 1.4% |
| Debt to Equity | 0.84x | 0.76x | 0.66x | 0.61x | 0.52x | 0.56x | 0.60x | 0.40x | 0.42x | - | - |
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.
Xinxing Ductile Iron Pipes Co Ltd dividends
- Dividend yield
- 3.01%
- Forward dividend
- 0.08 CNY
- Payout ratio
- 42.1%
- Ex-dividend date
- Jul 8, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 399M | 0.10 | 42.1% |
| 2024 | CNY 688M | 0.17 | 410.9% |
| 2023 | CNY 984M | 0.25 | 72.8% |
| 2022 | CNY 1.03B | 0.26 | 61.4% |
| 2021 | CNY 598M | 0.15 | 29.8% |
| 2020 | CNY 1.19B | 0.30 | 65.8% |
| 2019 | CNY 1.37B | 0.34 | 91.7% |
| 2018 | CNY 1.27B | 0.32 | 60.3% |
| 2017 | CNY 958M | 0.24 | 87.9% |
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: 15:10 on Jun 23, 2014.
Who owns Xinxing Ductile Iron Pipes Co Ltd
- Insiders 43.90%
- Institutions 4.53%
- Public & others 51.58%
- Shares outstanding 3.96B
- Free float 2.32B
Xinxing Ductile Iron Pipes Co Ltd company profile
- Company name
- Xinxing Ductile Iron Pipes Co Ltd
- Ticker
- 000778.SHE
- ISIN
- CNE000000QG9
- Exchange
- Shenzhen Stock Exchange
- Listed since
- May 9, 1997
- Sector
- Basic Materials
- Industry
- Metals & Mining
- Employees
- 14,115
- Fiscal year end
- December
- Address
- North of Shangluoyang Village, Wuan, China, 056300
- Phone
- 86 31 0579 2011
- Website
- xinxing-pipes.com
About Xinxing Ductile Iron Pipes Co Ltd
Xinxing Ductile Iron Pipes Co., Ltd., together with its subsidiaries, provides cast iron pipes and steel in China and internationally. The company offers hot-rolled ribbed steel bars, cold-heading steel, gear steel, tool and die steel, and axle steel; ductile iron pipe fittings for various interface types and pressure ratings; and steel-plastic composite pipes, special steel pipes, stainless steel pipes, and fittings. It also provides seamless steel pipe products, such as bimetallic composite pipes and high-alloy steel pipes, as well as special profiles; railings, ladder beams, and light steel structural components; steel gratings; energy storage products; urban water and environmental protection solutions; logistics services; environmental testing; automotive parts and accessories; enterprise management consulting; and technical services. In addition, the company is involved in the casting business; power generation; commercial factoring; mining investment; wholesale of other machinery and electronic products; and real estate business. Xinxing Ductile Iron Pipes Co., Ltd. was founded in 1997 and is based in Wuan, China.
Xinxing Ductile Iron Pipes Co Ltd management
5- Mr. Chang Hui WangGM & Director · born 1968
- Ms. Meiying WangChief Accountant & Secretary · born 1978
- Mr. Anqiang LiuDeputy General Manager · born 1972
- Mr. Maolin YeDeputy General Manager · born 1975
- Mr. Shifeng WangDeputy General Manager · born 1984