002130.SHE Shenzhen Woer Heat-Shrinkable Material Co Ltd
- Market cap
- CNY 19.4B
- P/E
- 15.4x
- P/B
- 2.04x
- ROE
- 12.3%
- Dividend yield
- 1.17%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002130.SHE undervalued?
Graham number002130.SHE trades 18.2% 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?
Shenzhen Woer Heat-Shrinkable Material Co Ltd fundamental analysis
No fundamental analysis for Shenzhen Woer Heat-Shrinkable Material Co Ltd yet.
Shenzhen Woer Heat-Shrinkable Material Co Ltd stock price
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About Shenzhen Woer Heat-Shrinkable Material Co Ltd
ShenZhen Woer Heat-Shrinkable Material Co.,Ltd., together with its subsidiaries, provides electrical and mechanical insulations solutions in China and internationally. It operates through five segments: Electronic Materials, Communication Cables, Power, New Energy, and Wind Power Generation. The company offers heat shrinkable sleeves, busbar tubes, and cable accessories; cable branch boxes; ring network cabinets; high and low voltage switchgears; WQFB fully insulated closed …
Full company profileShenzhen Woer Heat-Shrinkable Material 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.
Shenzhen Woer Heat-Shrinkable Material 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 | 1.86B | 2.58B | 3.53B | 3.98B | 4.09B | 5.41B | 5.34B | 5.72B | 6.93B | 8.45B | 9.92B |
| Gross Profit | 567M | 747M | 1.13B | 1.41B | 1.60B | 1.74B | 1.67B | 1.85B | 2.17B | 1.42B | 2.86B |
| Operating Income | 74.3M | 181M | 10.9M | 263M | 501M | 662M | 724M | 876M | 1.09B | 1.42B | 1.55B |
| EBITDA | 301M | 415M | 352M | 615M | 836M | 973M | 1.03B | 1.15B | 1.36B | 1.63B | 1.46B |
| Net Income | 107M | 168M | 20.5M | 210M | 396M | 553M | 615M | 700M | 848M | 1.14B | 1.17B |
| EPS | 0.10 | 0.13 | 0.02 | 0.17 | 0.31 | 0.44 | 0.49 | 0.56 | 0.68 | 0.91 | 0.84 |
| Balance Sheet | |||||||||||
| Total Assets | 5.36B | 6.23B | 6.43B | 6.44B | 6.94B | 7.76B | 8.33B | 9.00B | 10.3B | 12.3B | 16.1B |
| Total Liabilities | 2.71B | 3.44B | 3.62B | 3.33B | 3.40B | 3.62B | 3.53B | 3.54B | 4.14B | 5.51B | 6.26B |
| Shareholders' Equity | 2.62B | 2.75B | 2.58B | 2.87B | 3.27B | 3.80B | 4.34B | 4.91B | 5.53B | 6.50B | 9.53B |
| Cash & Short-term Investments | 547M | 370M | 505M | 551M | 639M | 738M | 865M | 1.07B | 1.17B | 1.32B | 3.31B |
| Total Debt | 1.86B | 2.00B | 1.67B | 2.13B | 1.95B | 1.41B | 1.19B | 1.34B | 1.44B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 47.5M | 150M | 566M | 628M | 768M | 611M | 870M | 828M | 898M | 1.16B | - |
| Capital Expenditure | 823M | 364M | 250M | 234M | 300M | 318M | 370M | 250M | 445M | 1.04B | 1.21B |
| Free Cash Flow | -776M | -214M | 316M | 394M | 468M | 292M | 500M | 578M | 452M | 124M | -222M |
| Ratios | |||||||||||
| ROE | 4.1% | 6.1% | 0.8% | 7.3% | 12.1% | 14.6% | 14.2% | 14.3% | 15.3% | 17.5% | 12.3% |
| ROA | 2.0% | 2.7% | 0.3% | 3.3% | 5.7% | 7.1% | 7.4% | 7.8% | 8.3% | 9.2% | 7.2% |
| Net Profit Margin | 5.8% | 6.5% | 0.6% | 5.3% | 9.7% | 10.2% | 11.5% | 12.2% | 12.2% | 13.4% | 11.8% |
| Debt to Equity | 0.71x | 0.73x | 0.64x | 0.74x | 0.60x | 0.37x | 0.27x | 0.27x | 0.26x | - | - |
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.
Shenzhen Woer Heat-Shrinkable Material Co Ltd dividends
- Dividend yield
- 1.17%
- Forward dividend
- 0.17 CNY
- Payout ratio
- 20.1%
- Ex-dividend date
- Jul 10, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 228M | 0.18 | 20.1% |
| 2024 | CNY 263M | 0.21 | 31.0% |
| 2023 | CNY 114M | 0.09 | 16.3% |
| 2022 | CNY 133M | 0.11 | 21.6% |
| 2021 | CNY 37.8M | 0.03 | 6.8% |
| 2020 | CNY 135M | 0.11 | 34.1% |
| 2019 | CNY 138M | 0.11 | 66.1% |
| 2018 | CNY 162M | 0.16 | 791.5% |
| 2017 | CNY 138M | 0.11 | 82.5% |
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: 13:10 on May 24, 2013.
Who owns Shenzhen Woer Heat-Shrinkable Material Co Ltd
- Insiders 11.85%
- Institutions 11.95%
- Public & others 76.20%
- Shares outstanding 1.26B
- Free float 1.18B
Shenzhen Woer Heat-Shrinkable Material Co Ltd company profile
- Company name
- Shenzhen Woer Heat-Shrinkable Material Co Ltd
- Ticker
- 002130.SHE
- ISIN
- CNE1000000C6
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Apr 20, 2007
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 8,735
- Fiscal year end
- December
- Address
- Woer mansion, Shenzhen, China
- Phone
- 86 75 5282 99160
- Website
- en.woer.com
About Shenzhen Woer Heat-Shrinkable Material Co Ltd
ShenZhen Woer Heat-Shrinkable Material Co.,Ltd., together with its subsidiaries, provides electrical and mechanical insulations solutions in China and internationally. It operates through five segments: Electronic Materials, Communication Cables, Power, New Energy, and Wind Power Generation. The company offers heat shrinkable sleeves, busbar tubes, and cable accessories; cable branch boxes; ring network cabinets; high and low voltage switchgears; WQFB fully insulated closed busbar tubes; environmentally friendly high temperature silicone wires; high-temperature resistant PTFE casings; conductor connecting pipes; heat shrinkable composite double-wall pipes; silicone rubber pipes; PTFE casings; civil anti-skid pattern tubes; halogen-free environmentally friendly PE cross-linked wires, etc. It also provides dual and single wall, wire and pipeline protection, and wire and cable identification products; heat and cold shrink cable accessories; separable connectors mated products, accessories, busbar connecting systems, and inner cone plug-in products; cables and wires, chargers, and connectors; water proofing, flame retardant, and insulation products; and TEFA-ESD foam products. Its offerings are used in electronics, power, metallurgy, petrochemical, automobile, high-speed rail, coal mine, and aerospace industries. The company also exports its products to Europe, the United States, Southeast Asia, and internatrionally. ShenZhen Woer Heat-Shrinkable Material Co.,Ltd. was founded in 1998 and is headquartered in Shenzhen, China.
Shenzhen Woer Heat-Shrinkable Material Co Ltd management
9- Mr. Heping ZhouExecutive Chairman of the Board · born 1964
- Ms. Huarong YiExecutive Vice Chairman & GM · born 1980
- Mr. Chenhang YaoDeputy GM & Financial Director · born 1977
- Ms. Yan DengExecutive Director · born 1983
- Mr. Zhanli LiuExecutive Director · born 1981
- Mr. Chunliang XiaExecutive Director · born 1988
- Ms. Wei QiuJoin Company Secretary · born 1987
- Fei Yan ZhaoAccounting Supervisor
- Mr. Ka Lung TamJoint Company Secretary · born 1979