002135.SHE Zhejiang Southeast Space Frame Co Ltd
- Market cap
- CNY 5.10B
- P/E
- 228.5x
- P/B
- 0.78x
- ROE
- 0.7%
- Dividend yield
- 3.37%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002135.SHE undervalued?
Graham number002135.SHE trades 182.2% 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 Southeast Space Frame Co Ltd fundamental analysis
No fundamental analysis for Zhejiang Southeast Space Frame Co Ltd yet.
Zhejiang Southeast Space Frame Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Zhejiang Southeast Space Frame Co Ltd
Zhejiang Southeast Space Frame Co., Ltd. designs, manufactures, and installs structural and residential steel structures in China and internationally. The company offers space steel structure, light and heavy steel structure, and polyester filament. It also researches, develops, produces, and sells chemical fiber products. In addition, the company engages in photovoltaic power generation in public buildings, industrial and commercial plants, and energy storage; bulk commodit…
Full company profileZhejiang Southeast Space Frame 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 Southeast Space Frame 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 | 5.74B | 7.79B | 8.69B | 8.98B | 9.26B | 11.3B | 12.1B | 13.0B | 11.2B | 9.38B | 7.79B |
| Gross Profit | 646M | 874M | 921M | 1.03B | 1.07B | 1.48B | 1.42B | 1.47B | 1.16B | 858M | 598M |
| Operating Income | 50.8M | 111M | 189M | 282M | 333M | 555M | 367M | 388M | 242M | 204M | 131M |
| EBITDA | 334M | 386M | 490M | 598M | 621M | 918M | 760M | 786M | 708M | 530M | 178M |
| Net Income | 49.1M | 104M | 171M | 267M | 271M | 493M | 291M | 329M | 190M | 49.0M | 42.5M |
| EPS | 0.06 | 0.12 | 0.17 | 0.26 | 0.26 | 0.48 | 0.25 | 0.28 | 0.17 | 0.04 | 0.04 |
| Balance Sheet | |||||||||||
| Total Assets | 8.60B | 10.1B | 10.3B | 11.4B | 13.7B | 17.2B | 17.5B | 18.4B | 19.6B | 19.5B | 16.2B |
| Total Liabilities | 6.14B | 6.17B | 6.28B | 7.04B | 8.80B | 10.7B | 11.3B | 11.9B | 13.1B | 13.0B | 9.82B |
| Shareholders' Equity | 2.43B | 3.88B | 4.03B | 4.28B | 4.38B | 6.02B | 6.19B | 6.40B | 6.50B | 6.44B | 6.34B |
| Cash & Short-term Investments | 705M | 1.48B | 1.14B | 1.17B | 1.56B | 2.73B | 1.62B | 1.37B | 2.36B | 1.84B | 1.49B |
| Total Debt | 2.39B | 1.65B | 1.81B | 1.96B | 2.55B | 3.37B | 3.37B | 4.73B | 5.41B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 39.6M | 379M | -38.7M | 320M | 445M | -440M | -1.17B | -1.59B | 1.09B | -367M | - |
| Capital Expenditure | 98.8M | 123M | 143M | 520M | 893M | 330M | 219M | 309M | 116M | 229M | 433M |
| Free Cash Flow | -59.2M | 256M | -182M | -199M | -448M | -770M | -1.39B | -1.90B | 972M | -596M | 3.48B |
| Ratios | |||||||||||
| ROE | 2.0% | 2.7% | 4.2% | 6.3% | 6.2% | 8.2% | 4.7% | 5.1% | 2.9% | 0.8% | 0.7% |
| ROA | 0.6% | 1.0% | 1.7% | 2.3% | 2.0% | 2.9% | 1.7% | 1.8% | 1.0% | 0.3% | 0.3% |
| Net Profit Margin | 0.9% | 1.3% | 2.0% | 3.0% | 2.9% | 4.4% | 2.4% | 2.5% | 1.7% | 0.5% | 0.5% |
| Debt to Equity | 0.99x | 0.42x | 0.45x | 0.46x | 0.58x | 0.56x | 0.54x | 0.74x | 0.83x | - | - |
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 Southeast Space Frame Co Ltd dividends
- Dividend yield
- 3.37%
- Forward dividend
- 0.01 CNY
- Payout ratio
- 351.0%
- Ex-dividend date
- Jun 4, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 172M | 0.15 | 351.0% |
| 2024 | CNY 213M | 0.19 | 111.9% |
| 2023 | CNY 253M | 0.22 | 76.9% |
| 2022 | CNY 115M | 0.10 | 39.5% |
| 2021 | CNY 27.5M | 0.03 | 5.6% |
| 2020 | CNY 27.9M | 0.03 | 10.3% |
| 2019 | CNY 17.6M | 0.02 | 6.6% |
| 2018 | CNY 96.7M | 0.10 | 56.6% |
| 2017 | CNY 114M | 0.13 | 110.1% |
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: 18:10 on May 9, 2012.
Who owns Zhejiang Southeast Space Frame Co Ltd
- Insiders 46.86%
- Institutions 8.19%
- Public & others 44.95%
- Shares outstanding 1.12B
- Free float 588M
Zhejiang Southeast Space Frame Co Ltd company profile
- Company name
- Zhejiang Southeast Space Frame Co Ltd
- Ticker
- 002135.SHE
- ISIN
- CNE1000000J1
- Exchange
- Shenzhen Stock Exchange
- Listed since
- May 30, 2007
- Sector
- Industrials
- Industry
- Construction & Engineering
- Employees
- 3,941
- Fiscal year end
- December
- Address
- No. 593, Yaqian Road, Hangzhou, China, 311209
- Phone
- 86 571 8278 5923
- Website
- dongnanwangjia.com
About Zhejiang Southeast Space Frame Co Ltd
Zhejiang Southeast Space Frame Co., Ltd. designs, manufactures, and installs structural and residential steel structures in China and internationally. The company offers space steel structure, light and heavy steel structure, and polyester filament. It also researches, develops, produces, and sells chemical fiber products. In addition, the company engages in photovoltaic power generation in public buildings, industrial and commercial plants, and energy storage; bulk commodity supply chain operations; and construction business. The company was founded in 1984 and is headquartered in Hangzhou, China.
Zhejiang Southeast Space Frame Co Ltd management
9- Ms. Jiawei XuFinancial Director · born 1991
- Mr. Huzi WangDeputy GM & Non-Independent Director · born 1977
- Mr. Jianhua JiangSecretary & Employee Director · born 1981
- Ms. Yuezhen HeDeputy General Manager · born 1964
- Mr. Guangen ZhouDeputy General Manager · born 1967
- Mr. Dingxin GuoDeputy General Manager · born 1978
- Mr. Guidi ZhangDeputy General Manager · born 1979
- Mr. Qi XuDeputy General Manager · born 1985
- Haozhan GuoGM & Non-Independent Director