000906.SHE Zheshang Development Group Co Ltd
- Market cap
- CNY 3.70B
- P/E
- 18.0x
- P/B
- 0.43x
- ROE
- 4.1%
- Dividend yield
- 13.95%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000906.SHE undervalued?
Graham number000906.SHE trades 41.2% 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?
Zheshang Development Group Co Ltd fundamental analysis
No fundamental analysis for Zheshang Development Group Co Ltd yet.
Zheshang Development Group Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Zheshang Development Group Co Ltd
Zhejiang Development Group Co.,Ltd provides multi-level and personalized supply chain integration services in China and internationally. It offers upstream and downstream services and personalized integrated services, including raw material procurement, inventory management, professional processing, product sales, supply chain integration services, warehousing, and logistics distribution. The company also provides consulting, finished product sales, shearing and machining, f…
Full company profileZheshang Development Group 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.
Zheshang Development Group 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 | 33.0B | 48.4B | 63.3B | 73.5B | 109B | 178B | 194B | 203B | 202B | 236B | 253B |
| Gross Profit | 882M | 1.15B | 1.43B | 1.61B | 2.16B | 2.76B | 2.70B | 3.16B | 2.13B | 2.20B | 2.99B |
| Operating Income | 133M | 222M | 415M | 761M | 820M | 1.27B | 1.70B | 1.41B | 776M | 1.09B | 1.68B |
| EBITDA | 399M | 610M | 849M | 1.22B | 1.57B | 2.03B | 2.22B | 2.03B | 1.47B | 1.50B | 1.33B |
| Net Income | 125M | 173M | 306M | 536M | 555M | 819M | 1.00B | 683M | 369M | 223M | 346M |
| EPS | 0.19 | 0.26 | 0.39 | 0.73 | 0.76 | 1.13 | 1.36 | 0.90 | 0.45 | 0.31 | 0.49 |
| Balance Sheet | |||||||||||
| Total Assets | 7.28B | 10.8B | 11.6B | 14.7B | 18.2B | 23.1B | 26.1B | 34.5B | 34.9B | 41.7B | 54.2B |
| Total Liabilities | 5.40B | 8.04B | 8.70B | 11.3B | 13.8B | 16.7B | 18.3B | 25.0B | 25.6B | 31.1B | 42.8B |
| Shareholders' Equity | 1.69B | 2.60B | 2.80B | 3.20B | 3.09B | 4.52B | 5.28B | 5.87B | 5.72B | 6.77B | 8.40B |
| Cash & Short-term Investments | 1.92B | 2.19B | 2.07B | 2.56B | 3.91B | 6.34B | 5.71B | 6.41B | 5.63B | 9.01B | 6.18B |
| Total Debt | 1.72B | 2.81B | 2.24B | 3.55B | 3.37B | 3.49B | 6.75B | 8.22B | 6.66B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 287M | -790M | 919M | 66.8M | 1.16B | 2.44B | -3.81B | -1.46B | -848M | 737M | - |
| Capital Expenditure | 81.9M | 52.1M | 102M | 245M | 255M | 206M | 515M | 488M | 310M | 294M | 384M |
| Free Cash Flow | 205M | -842M | 817M | -179M | 910M | 2.23B | -4.33B | -1.95B | -1.16B | 444M | -10.3B |
| Ratios | |||||||||||
| ROE | 7.4% | 6.7% | 10.9% | 16.8% | 18.0% | 18.1% | 19.0% | 11.6% | 6.5% | 3.3% | 4.1% |
| ROA | 1.7% | 1.6% | 2.6% | 3.6% | 3.1% | 3.5% | 3.8% | 2.0% | 1.1% | 0.5% | 0.6% |
| Net Profit Margin | 0.4% | 0.4% | 0.5% | 0.7% | 0.5% | 0.5% | 0.5% | 0.3% | 0.2% | 0.1% | 0.1% |
| Debt to Equity | 1.02x | 1.08x | 0.80x | 1.11x | 1.09x | 0.77x | 1.28x | 1.40x | 1.17x | - | - |
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.
Zheshang Development Group Co Ltd dividends
- Dividend yield
- 13.95%
- Forward dividend
- 0.13 CNY
- Payout ratio
- 232.1%
- Ex-dividend date
- Jun 5, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 517M | 0.73 | 232.1% |
| 2024 | CNY 713M | 0.87 | 193.3% |
| 2023 | CNY 344M | 0.45 | 50.4% |
| 2022 | CNY 276M | 0.38 | 27.6% |
| 2021 | CNY 202M | 0.28 | 24.7% |
| 2020 | CNY 169M | 0.23 | 30.4% |
| 2019 | CNY 101M | 0.14 | 18.9% |
| 2018 | CNY 419M | 0.53 | 137.1% |
| 2017 | CNY 330M | 0.50 | 190.6% |
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: 1.293406:1 on Jun 13, 2018.
Who owns Zheshang Development Group Co Ltd
- Insiders 52.00%
- Institutions 2.90%
- Public & others 45.10%
- Shares outstanding 710M
- Free float 573M
Zheshang Development Group Co Ltd company profile
- Company name
- Zheshang Development Group Co Ltd
- Ticker
- 000906.SHE
- ISIN
- CNE000000YS8
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Mar 18, 1999
- Sector
- Industrials
- Industry
- Trading Companies & Distributors
- Employees
- 2,094
- Fiscal year end
- December
- Address
- Tuozhong Building, No. 1658, Hangzhou, China, 311203
- Phone
- 86 57 1878 52866
- Website
- zmd.com.cn
About Zheshang Development Group Co Ltd
Zhejiang Development Group Co.,Ltd provides multi-level and personalized supply chain integration services in China and internationally. It offers upstream and downstream services and personalized integrated services, including raw material procurement, inventory management, professional processing, product sales, supply chain integration services, warehousing, and logistics distribution. The company also provides consulting, finished product sales, shearing and machining, financial regulation and supervision, information management, risk hedging, asset management, and other services. In addition, it offers hedging instruments, including rebar, hot-rolled coil, iron ore, coke, coking coal, rubber, hot-rolled steel, lithium carbonate, and silicon dioxide. The company was formerly known as Zhejiang Materials Development Co., Ltd. and changed its name to Zhejiang Development Group Co.,Ltd in January 2017. Zhejiang Development Group Co.,Ltd was incorporated in 1999 and is based in Hangzhou, China.
Zheshang Development Group Co Ltd management
7- Mr. Kui Ru XuGM & Director · born 1969
- Mr. Yi Jie PanDeputy GM & Acting CFO · born 1982
- Mr. Liang LiangDeputy General Manager · born 1973
- Mr. Zhuming DengSecretary of Discipline Inspection Commission, Labor Union Chairman & Employee Director · born 1970
- Mr. Jiannan XuDeputy General Manager · born 1989
- Hong LiHead of the Accounting Department
- Mr. Yong WeiDeputy General Manager · born 1971