002073.SHE Mesnac Co Ltd
- Market cap
- CNY 5.78B
- P/E
- 14.8x
- P/B
- 0.88x
- ROE
- 6.0%
- Dividend yield
- 3.67%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002073.SHE undervalued?
Graham number002073.SHE trades 24.0% 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?
Mesnac Co Ltd fundamental analysis
No fundamental analysis for Mesnac Co Ltd yet.
Mesnac Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Mesnac Co Ltd
Mesnac Co., Ltd. engages in the research, development, and innovation of application software and information equipment for rubber industry in China and internationally. The company offers mixing solutions; mixer feeding systems; chemical weighing systems; rubber grinding and blending systems; volumetric metering systems; information management and control platform; one-step mixing system; batch-off line equipment; open mill automatic mixing systems; inner-liner production l…
Full company profileMesnac 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.
Mesnac 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 | 1.93B | 2.73B | 2.76B | 2.87B | 3.08B | 5.45B | 5.74B | 5.65B | 7.18B | 8.32B | 8.93B |
| Gross Profit | 208M | 650M | 473M | 673M | 626M | 814M | 1.09B | 1.36B | 1.58B | 1.84B | 1.93B |
| Operating Income | -799M | 65.8M | -366M | 71.7M | 103M | 143M | 222M | 429M | 633M | 682M | 617M |
| EBITDA | -647M | 111M | -9.18M | 215M | 246M | 307M | 405M | 639M | 839M | 907M | 553M |
| Net Income | -771M | 92.1M | -313M | 78.0M | 95.1M | 142M | 203M | 333M | 506M | 403M | 394M |
| EPS | -0.91 | 0.10 | -0.33 | 0.08 | 0.10 | 0.15 | 0.21 | 0.35 | 0.51 | 0.39 | 0.38 |
| Balance Sheet | |||||||||||
| Total Assets | 8.24B | 8.39B | 8.79B | 8.01B | 8.17B | 10.9B | 13.7B | 16.0B | 18.6B | 20.6B | 22.0B |
| Total Liabilities | 3.38B | 3.54B | 4.26B | 3.57B | 3.65B | 6.15B | 8.63B | 10.4B | 12.4B | 13.8B | 14.9B |
| Shareholders' Equity | 4.58B | 4.58B | 4.27B | 4.21B | 4.27B | 4.45B | 4.81B | 5.29B | 5.94B | 6.34B | 6.60B |
| Cash & Short-term Investments | 1.01B | 1.25B | 1.06B | 2.11B | 1.81B | 2.32B | 2.85B | 3.66B | 4.74B | 4.36B | 3.20B |
| Total Debt | 1.19B | 1.25B | 1.92B | 1.05B | 421M | 1.06B | 1.48B | 1.66B | 1.47B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 47.2M | 328M | 140M | 145M | 172M | 253M | 383M | 231M | 916M | 368M | - |
| Capital Expenditure | 176M | 244M | 91.2M | 122M | 141M | 649M | 454M | 526M | 297M | 295M | 348M |
| Free Cash Flow | -128M | 84.0M | 48.7M | 23.2M | 31.7M | -397M | -71.2M | -295M | 619M | 73.3M | -52.2M |
| Ratios | |||||||||||
| ROE | -16.8% | 2.0% | -7.3% | 1.9% | 2.2% | 3.2% | 4.2% | 6.3% | 8.5% | 6.4% | 6.0% |
| ROA | -9.4% | 1.1% | -3.6% | 1.0% | 1.2% | 1.3% | 1.5% | 2.1% | 2.7% | 2.0% | 1.8% |
| Net Profit Margin | -39.9% | 3.4% | -11.3% | 2.7% | 3.1% | 2.6% | 3.5% | 5.9% | 7.1% | 4.8% | 4.4% |
| Debt to Equity | 0.26x | 0.27x | 0.45x | 0.25x | 0.10x | 0.24x | 0.31x | 0.31x | 0.25x | - | - |
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.
Mesnac Co Ltd dividends
- Dividend yield
- 3.67%
- Forward dividend
- 0.04 CNY
- Payout ratio
- 52.5%
- Ex-dividend date
- Sep 9, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 212M | 0.21 | 52.5% |
| 2024 | CNY 160M | 0.16 | 31.6% |
| 2023 | CNY 107M | 0.11 | 32.0% |
| 2022 | CNY 59.3M | 0.06 | 29.3% |
| 2021 | CNY 32.9M | 0.04 | 23.1% |
| 2020 | CNY 30.1M | 0.03 | 31.7% |
| 2019 | CNY 116M | 0.12 | 148.5% |
| 2018 | CNY 85.3M | 0.09 | - |
| 2017 | CNY 56.7M | 0.06 | 61.6% |
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: 1.5:1 on May 13, 2010.
Who owns Mesnac Co Ltd
- Insiders 20.57%
- Institutions 0.71%
- Public & others 78.73%
- Shares outstanding 1.02B
- Free float 844M
Mesnac Co Ltd company profile
- Company name
- Mesnac Co Ltd
- Ticker
- 002073.SHE
- ISIN
- CNE000001NX9
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Oct 18, 2006
- Sector
- Industrials
- Industry
- Machinery
- Employees
- 4,901
- Fiscal year end
- December
- Address
- No. 43 Zhengzhou Road, Qingdao, China, 266042
- Phone
- 86 53 2840 11943
- Website
- mesnac.com
About Mesnac Co Ltd
Mesnac Co., Ltd. engages in the research, development, and innovation of application software and information equipment for rubber industry in China and internationally. The company offers mixing solutions; mixer feeding systems; chemical weighing systems; rubber grinding and blending systems; volumetric metering systems; information management and control platform; one-step mixing system; batch-off line equipment; open mill automatic mixing systems; inner-liner production lines; pin type cold feed extruders; APH-2 AT-3 apex lines; steel cord belt cutters; steel cord ply cutting lines; and fabric and textile ply cutters. It also provides tire building machines; hydraulic cutting presses; tire mold systems; tire X-ray inspection machines; tire dynamic balance testing machine; tire uniformity testing machines; mixed reality application system; RFID tire whole solutions; RFID based tire production information acquisition, management, and control system; exhaust powder industry valves; and vulcanization control valves, as well as gas control solutions, solutions for precision control of rubber tire measuring equipment, and tire plant automated logistics system solutions. Further, the company offers new material product application solutions. The company was founded in 2000 and is based in Qingdao, China.
Mesnac Co Ltd management
10- Mr. Bing Zheng GuanChairman & President · born 1974
- Mr. Yao Zhang CPACFO, Board Secretary & Director · born 1987
- Ms. Huili YangVP & Director · born 1977
- Mr. Zhiming WangVice President · born 1977
- Mr. Feng LiuVice President · born 1979
- Mr. Shoutao WuVice President · born 1981
- Mr. Kunhong XiangVice President · born 1972
- Mr. Zhen Tang DingVice President · born 1969
- Mr. Yi Hang YuVice President · born 1982
- Yong Jian LiaoAccounting Supervisor