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002050.SHE Zhejiang Sanhua Co Ltd
- Market cap
- CNY 142B
- P/E
- 36.3x
- P/B
- 4.27x
- ROE
- 12.5%
- Dividend yield
- 1.01%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002050.SHE undervalued?
Graham number002050.SHE trades 162.2% 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?
Zhejiang Sanhua Co Ltd fundamental analysis
No fundamental analysis for Zhejiang Sanhua Co Ltd yet.
Zhejiang Sanhua Co Ltd stock price
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About Zhejiang Sanhua Co Ltd
Zhejiang Sanhua Intelligent Controls Co.,Ltd engages in the research, manufacture, and sale of refrigeration and air-conditioning electrical parts, and auto parts in China and internationally. Its products include valves, four-way reversing valves, electronic and thermal expansion valves, solenoid valves, micro-channel heat exchangers, omega pumps, electronic water pumps, energy vehicle thermal management integrated components, and accumulators. The company's products are us…
Full company profileZhejiang Sanhua 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.
Zhejiang Sanhua 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 | 7.66B | 9.58B | 10.8B | 11.3B | 12.1B | 16.0B | 21.3B | 24.6B | 27.9B | 30.9B | 33.7B |
| Gross Profit | 2.23B | 2.96B | 3.06B | 3.31B | 3.31B | 4.06B | 5.47B | 6.74B | 7.64B | 8.62B | 9.55B |
| Operating Income | 1.09B | 1.47B | 1.55B | 1.66B | 1.70B | 1.99B | 3.07B | 3.55B | 3.71B | 4.83B | 5.57B |
| EBITDA | 1.21B | 1.81B | 1.73B | 1.88B | 1.99B | 2.35B | 3.09B | 4.27B | 4.54B | 6.07B | 5.02B |
| Net Income | 991M | 1.24B | 1.29B | 1.42B | 1.46B | 1.68B | 2.57B | 2.92B | 3.10B | 4.06B | 4.09B |
| EPS | 0.29 | 0.36 | 0.36 | 0.40 | 0.41 | 0.47 | 0.72 | 0.81 | 0.84 | 1.03 | 0.97 |
| Balance Sheet | |||||||||||
| Total Assets | 9.55B | 12.3B | 13.9B | 14.8B | 17.1B | 23.6B | 28.0B | 31.9B | 36.4B | 49.6B | 51.2B |
| Total Liabilities | 3.62B | 4.42B | 5.23B | 5.42B | 6.96B | 12.4B | 14.8B | 13.8B | 16.8B | 16.9B | 18.1B |
| Shareholders' Equity | 5.89B | 7.88B | 8.62B | 9.29B | 10.1B | 11.2B | 12.9B | 17.9B | 19.3B | 31.7B | 32.8B |
| Cash & Short-term Investments | 1.67B | 1.51B | 3.38B | 3.66B | 4.24B | 6.82B | 5.98B | 6.58B | 5.65B | 15.8B | 13.6B |
| Total Debt | 572M | 1.09B | 1.33B | 1.69B | 2.24B | 4.35B | 6.07B | 2.46B | 3.84B | 8.60B | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 1.31B | 649M | 1.29B | 1.90B | 2.09B | 1.56B | 2.51B | 3.72B | 4.37B | 5.11B | - |
| Capital Expenditure | 321M | 601M | 915M | 869M | 1.15B | 1.95B | 2.94B | 2.75B | 3.29B | 3.15B | 2.54B |
| Free Cash Flow | 989M | 47.5M | 373M | 1.03B | 938M | -396M | -432M | 979M | 1.08B | 1.96B | 2.46B |
| Ratios | |||||||||||
| ROE | 16.8% | 15.7% | 15.0% | 15.3% | 14.5% | 15.1% | 19.9% | 16.3% | 16.1% | 12.8% | 12.5% |
| ROA | 10.4% | 10.0% | 9.3% | 9.6% | 8.5% | 7.1% | 9.2% | 9.2% | 8.5% | 8.2% | 8.0% |
| Net Profit Margin | 12.9% | 12.9% | 11.9% | 12.6% | 12.1% | 10.5% | 12.1% | 11.9% | 11.1% | 13.1% | 12.1% |
| Debt to Equity | 0.10x | 0.14x | 0.15x | 0.18x | 0.22x | 0.39x | 0.47x | 0.14x | 0.20x | 0.27x | - |
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.
Zhejiang Sanhua Co Ltd dividends
- Dividend yield
- 1.01%
- Forward dividend
- 0.40 CNY
- Payout ratio
- 35.4%
- Ex-dividend date
- Sep 30, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 1.44B | 0.36 | 35.4% |
| 2024 | CNY 1.43B | 0.39 | 46.2% |
| 2023 | CNY 903M | 0.25 | 30.9% |
| 2022 | CNY 894M | 0.25 | 34.7% |
| 2021 | CNY 895M | 0.25 | 53.2% |
| 2020 | CNY 772M | 0.22 | 52.8% |
| 2019 | CNY 574M | 0.16 | 40.4% |
| 2018 | CNY 582M | 0.16 | 45.0% |
| 2017 | CNY 573M | 0.16 | 46.3% |
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: 1.3:1 on Jun 3, 2020.
Who owns Zhejiang Sanhua Co Ltd
- Insiders 44.05%
- Institutions 5.76%
- Public & others 50.20%
- Shares outstanding 3.73B
- Free float 1.89B
Zhejiang Sanhua Co Ltd company profile
- Company name
- Zhejiang Sanhua Co Ltd
- Ticker
- 002050.SHE
- ISIN
- CNE000001M22
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jun 7, 2005
- Sector
- Industrials
- Industry
- Machinery
- Employees
- 19,090
- Fiscal year end
- December
- Address
- Office Building, Shaoxing, China, 312532
- Phone
- 86 571 28020008
- Website
- zjshc.com
About Zhejiang Sanhua Co Ltd
Zhejiang Sanhua Intelligent Controls Co.,Ltd engages in the research, manufacture, and sale of refrigeration and air-conditioning electrical parts, and auto parts in China and internationally. Its products include valves, four-way reversing valves, electronic and thermal expansion valves, solenoid valves, micro-channel heat exchangers, omega pumps, electronic water pumps, energy vehicle thermal management integrated components, and accumulators. The company's products are used in air conditioners, refrigerators, cold chain logistics, and dishwashers, as well as automobiles and other fields. Zhejiang Sanhua Intelligent Controls Co.,Ltd was founded in 1994 and is headquartered in Shaoxing, China.
Zhejiang Sanhua Co Ltd management
7- Mr. Yabo ZhangChairman & CEO · born 1974
- Dr. Dayong WangPresident & Executive Director · born 1969
- Mr. Ying Kui YuVP & CFO · born 1974
- Mr. Xiaoming NiExecutive Director · born 1968
- Mr. Yu Zhong ChenChief Engineer & Executive Director · born 1966
- Ms. Zhimi LiAccounting Supervisor & Joint Company Secretary · born 1981
- Ms. Yan Ting KwokJoint Company Secretary