002056.SHE Hengdian Group DMEGC Magnetics Co Ltd
- Market cap
- CNY 27.0B
- P/E
- 15.1x
- P/B
- 2.44x
- ROE
- 16.7%
- Dividend yield
- 4.94%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002056.SHE undervalued?
Graham number002056.SHE trades 27.9% 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?
Hengdian Group DMEGC Magnetics Co Ltd fundamental analysis
No fundamental analysis for Hengdian Group DMEGC Magnetics Co Ltd yet.
Hengdian Group DMEGC Magnetics Co Ltd stock price
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About Hengdian Group DMEGC Magnetics Co Ltd
Hengdian Group DMEGC Magnetics Co., Ltd., together with its subsidiaries, provides magnetic materials, photovoltaic products, lithium batteries, and devices in China and internationally. The company offers tile-shaped, ring, microwave oven, square, dry pressing and irregularly shaped, and bonded composite permanent magnets; manganese-zinc power and high-conductivity ferrite, nickel-zinc ferrite, magnetic powder core, nanocrystals, magnetic sheet, and magnetic design tool; ru…
Full company profileHengdian Group DMEGC Magnetics 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.
Hengdian Group DMEGC Magnetics 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 | 4.71B | 6.30B | 6.49B | 6.56B | 8.11B | 12.6B | 19.5B | 19.7B | 18.6B | 22.5B | 24.4B |
| Gross Profit | 1.17B | 1.45B | 1.56B | 1.44B | 1.98B | 2.33B | 3.36B | 3.95B | 3.59B | 3.76B | 3.54B |
| Operating Income | 462M | 700M | 789M | 770M | 1.15B | 1.24B | 1.77B | 2.08B | 2.12B | 2.39B | 2.14B |
| EBITDA | 804M | 1.01B | 1.14B | 1.14B | 1.55B | 1.68B | 2.19B | 2.71B | 2.83B | 3.20B | 1.92B |
| Net Income | 441M | 608M | 689M | 691M | 1.01B | 1.12B | 1.67B | 1.82B | 1.83B | 1.85B | 1.78B |
| EPS | 0.27 | 0.37 | 0.42 | 0.42 | 0.62 | 0.69 | 1.03 | 1.13 | 1.13 | 1.16 | 1.09 |
| Balance Sheet | |||||||||||
| Total Assets | 5.83B | 7.17B | 6.80B | 8.50B | 10.2B | 12.9B | 17.6B | 21.2B | 24.2B | 27.7B | 29.0B |
| Total Liabilities | 1.86B | 2.52B | 2.06B | 3.16B | 4.21B | 6.12B | 9.84B | 12.0B | 13.9B | 16.5B | 18.1B |
| Shareholders' Equity | 3.96B | 4.64B | 4.73B | 5.32B | 6.01B | 6.73B | 7.75B | 9.02B | 10.1B | 10.6B | 10.6B |
| Cash & Short-term Investments | 2.10B | 1.99B | 1.76B | 2.89B | 3.89B | 3.96B | 6.49B | 9.19B | 8.98B | 9.32B | 9.08B |
| Total Debt | 500M | 430M | 100M | 345M | 893M | 611M | 1.58B | 2.42B | 1.12B | 7.73B | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 939M | 922M | 689M | 743M | 1.20B | 1.29B | 2.89B | 3.90B | 3.52B | 3.27B | - |
| Capital Expenditure | 626M | 493M | 359M | 552M | 683M | 1.01B | 1.48B | 1.73B | 1.13B | 1.43B | 1.34B |
| Free Cash Flow | 313M | 340M | 330M | 191M | 514M | 273M | 1.41B | 2.17B | 2.39B | 1.84B | -575M |
| Ratios | |||||||||||
| ROE | 11.1% | 13.1% | 14.6% | 13.0% | 16.9% | 16.6% | 21.5% | 20.2% | 18.1% | 17.4% | 16.7% |
| ROA | 7.6% | 8.5% | 10.1% | 8.1% | 9.9% | 8.7% | 9.5% | 8.6% | 7.5% | 6.7% | 6.1% |
| Net Profit Margin | 9.4% | 9.7% | 10.6% | 10.5% | 12.5% | 8.9% | 8.6% | 9.2% | 9.8% | 8.2% | 7.3% |
| Debt to Equity | 0.13x | 0.09x | 0.02x | 0.06x | 0.15x | 0.09x | 0.20x | 0.27x | 0.11x | 0.73x | - |
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.
Hengdian Group DMEGC Magnetics Co Ltd dividends
- Dividend yield
- 4.94%
- Forward dividend
- 0.83 CNY
- Payout ratio
- 72.0%
- Ex-dividend date
- Oct 12, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 1.33B | 0.83 | 72.0% |
| 2024 | CNY 648M | 0.40 | 35.4% |
| 2023 | CNY 584M | 0.36 | 32.1% |
| 2022 | CNY 390M | 0.24 | 23.4% |
| 2021 | CNY 355M | 0.22 | 31.7% |
| 2020 | CNY 242M | 0.15 | 23.8% |
| 2019 | CNY 245M | 0.15 | 35.4% |
| 2018 | CNY 181M | 0.11 | 26.3% |
| 2017 | CNY 100M | 0.06 | 16.5% |
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: 20:10 on Apr 26, 2017.
Who owns Hengdian Group DMEGC Magnetics Co Ltd
- Insiders 51.39%
- Institutions 6.29%
- Public & others 42.32%
- Shares outstanding 1.63B
- Free float 739M
Hengdian Group DMEGC Magnetics Co Ltd company profile
- Company name
- Hengdian Group DMEGC Magnetics Co Ltd
- Ticker
- 002056.SHE
- ISIN
- CNE000001N70
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Aug 4, 2006
- Sector
- Technology
- Industry
- Electronic Equipment, Instruments & Components
- Employees
- 19,159
- Fiscal year end
- December
- Address
- Dongci Building, Dongyang, China, 322118
- Phone
- 86 57 9865 88819
- Website
- dmegc.com.cn
About Hengdian Group DMEGC Magnetics Co Ltd
Hengdian Group DMEGC Magnetics Co., Ltd., together with its subsidiaries, provides magnetic materials, photovoltaic products, lithium batteries, and devices in China and internationally. The company offers tile-shaped, ring, microwave oven, square, dry pressing and irregularly shaped, and bonded composite permanent magnets; manganese-zinc power and high-conductivity ferrite, nickel-zinc ferrite, magnetic powder core, nanocrystals, magnetic sheet, and magnetic design tool; rubber magnetic sheet, extruded magnetic strip, motor magnetic strip and sensor magnetic ring, water pump rotor, glue-coated parts, and magnetic ring and rotor assembly; and permanent magnet ferrite sintering and binder powder. It also provides solar modules and cells; lithium battery cells and energy storage and pack modules; cemented carbide, including carbide top hammer, composite substrate, non-standard cemented carbide for molds, non-standard oil hard alloy, and high-density tungsten products; in-vehicle and consumer goods inductance; flat, linear, and brushless vibration motors, as well as acoustic and cylindrical motors; and RF devices, such as power circulators and isolators. In addition, the company offers electromagnetic exciters, lithium battery caps; wireless charging modules; and motor housing and components. Further, it is involved in trade brokerage; investment and agency; piped gas activities; scientific research and technical services; and power engineering. The company was founded in 1980 and is headquartered in Dongyang, China. Hengdian Group DMEGC Magnetics Co., Ltd. operates as a subsidiary of Hengdian Group Holding Co., Ltd.
Hengdian Group DMEGC Magnetics Co Ltd management
6- Mr. Yue HeGeneral Manager · born 1979
- Mr. Guo JianChief Financial Officer · born 1976
- Ms. Xue Ping WuDeputy GM & Secretary of the Board of Directors · born 1977
- Mr. Xiaodong GuoDeputy General Manager · born 1968
- Mr. Shuai GuoDeputy General Manager · born 1987
- Mr. Zhen Yu HeDeputy General Manager · born 1973