002225.SHE Puyang Refractories Group Co Ltd
- Market cap
- CNY 3.52B
- P/E
- 304.0x
- P/B
- 0.86x
- ROE
- 1.0%
- Dividend yield
- 2.70%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002225.SHE undervalued?
Graham numberThe Graham number of Puyang Refractories Group Co Ltd cannot be estimated reliably (the estimate is too far from the market price).
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?
Puyang Refractories Group Co Ltd fundamental analysis
No fundamental analysis for Puyang Refractories Group Co Ltd yet.
Puyang Refractories Group Co Ltd stock price
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About Puyang Refractories Group Co Ltd
Puyang Refractories Group Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sales of shaped, unshaped, and functional refractory products in China and internationally. The company operates through the Steel Business Management Department; New Materials Business Management Department; and Environmental Business Management Department segments. It offers functional refractories, including sliding plate nozzles, three-piece refracto…
Full company profilePuyang Refractories Group 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.
Puyang Refractories Group 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 | 2.34B | 2.81B | 3.89B | 4.14B | 4.17B | 4.38B | 4.94B | 5.47B | 5.19B | 5.49B | 5.44B |
| Gross Profit | 677M | 803M | 1.11B | 1.18B | 1.05B | 771M | 948M | 1.04B | 929M | 967M | 972M |
| Operating Income | -178M | 30.0M | 276M | 299M | 351M | 91.7M | 245M | 268M | 118M | 184M | 191M |
| EBITDA | -21.1M | 179M | 394M | 428M | 495M | 256M | 433M | 474M | 351M | 305M | 56.4M |
| Net Income | -185M | 22.2M | 222M | 252M | 300M | 83.8M | 230M | 248M | 135M | 86.6M | 40.2M |
| EPS | -0.21 | 0.03 | 0.25 | 0.27 | 0.29 | 0.08 | 0.22 | 0.24 | 0.14 | 0.07 | 0.03 |
| Balance Sheet | |||||||||||
| Total Assets | 4.68B | 4.88B | 5.29B | 5.72B | 6.26B | 7.07B | 7.53B | 8.22B | 8.26B | 9.05B | 9.22B |
| Total Liabilities | 2.25B | 2.33B | 2.52B | 2.74B | 3.08B | 3.83B | 4.17B | 4.68B | 4.74B | 4.82B | 5.04B |
| Shareholders' Equity | 2.35B | 2.41B | 2.64B | 2.83B | 2.96B | 3.03B | 3.21B | 3.41B | 3.40B | 4.12B | 4.08B |
| Cash & Short-term Investments | 165M | 184M | 271M | 415M | 402M | 555M | 474M | 620M | 342M | 468M | 508M |
| Total Debt | 970M | 880M | 605M | 621M | 708M | 1.29B | 1.56B | 1.87B | 1.66B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 176M | 131M | 491M | 574M | 483M | -190M | -261M | 384M | 431M | 277M | - |
| Capital Expenditure | 6.90M | 15.6M | 109M | 357M | 356M | 257M | 140M | 132M | 102M | 101M | 22.4M |
| Free Cash Flow | 169M | 116M | 382M | 217M | 127M | -446M | -401M | 251M | 329M | 176M | -14.7M |
| Ratios | |||||||||||
| ROE | -7.9% | 0.9% | 8.4% | 8.9% | 10.1% | 2.8% | 7.1% | 7.3% | 4.0% | 2.1% | 1.0% |
| ROA | -4.0% | 0.5% | 4.2% | 4.4% | 4.8% | 1.2% | 3.1% | 3.0% | 1.6% | 1.0% | 0.4% |
| Net Profit Margin | -7.9% | 0.8% | 5.7% | 6.1% | 7.2% | 1.9% | 4.7% | 4.5% | 2.6% | 1.6% | 0.7% |
| Debt to Equity | 0.41x | 0.37x | 0.23x | 0.22x | 0.24x | 0.43x | 0.49x | 0.55x | 0.49x | - | - |
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.
Puyang Refractories Group Co Ltd dividends
- Dividend yield
- 2.70%
- Forward dividend
- 0.05 CNY
- Payout ratio
- 109.8%
- Ex-dividend date
- May 29, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 95.1M | 0.08 | 109.8% |
| 2024 | CNY 102M | 0.11 | 75.4% |
| 2023 | CNY 87.6M | 0.08 | 35.4% |
| 2022 | CNY 50.5M | 0.05 | 22.0% |
| 2021 | CNY 60.6M | 0.06 | 72.4% |
| 2020 | CNY 71.5M | 0.07 | 23.8% |
| 2019 | CNY 62.2M | 0.07 | 24.6% |
| 2018 | CNY 50.7M | 0.06 | 22.9% |
| 2017 | CNY 69.6M | 0.08 | 313.8% |
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 27, 2011.
Who owns Puyang Refractories Group Co Ltd
- Insiders 33.11%
- Institutions 4.50%
- Public & others 62.39%
- Shares outstanding 1.16B
- Free float 760M
Puyang Refractories Group Co Ltd company profile
- Company name
- Puyang Refractories Group Co Ltd
- Ticker
- 002225.SHE
- ISIN
- CNE100000B16
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Apr 25, 2008
- Sector
- Industrials
- Industry
- Chemicals
- Employees
- 3,995
- Fiscal year end
- December
- Address
- Middle section of Xihuan Road, Puyang, China, 457100
- Phone
- 86 39 3321 4228
- Website
- punai.com
About Puyang Refractories Group Co Ltd
Puyang Refractories Group Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sales of shaped, unshaped, and functional refractory products in China and internationally. The company operates through the Steel Business Management Department; New Materials Business Management Department; and Environmental Business Management Department segments. It offers functional refractories, including sliding plate nozzles, three-piece refractory materials, and seat and permeable bricks; shaped refractories comprising ladle bricks and alkaline products; unshaped refractory materials, such as bulk materials, impact plates, slag baffles, and electric furnace tops; and magnesium-based new materials and other products. The company's products are used in non-ferrous metals, glass, casting, power, and petrochemicals, hydrometallurgy, tobacco, and electronic glass industries. It exports to America, Europe, Southeast Asia, the Middle East, and internationally. The company was formerly known as Puyang Refractories Limited Company and changed its name to Puyang Refractories Group Co., Ltd. in June 2007. Puyang Refractories Group Co., Ltd. was founded in 1988 and is headquartered in Puyang, the People's Republic of China.
Puyang Refractories Group Co Ltd management
6- Mr. Lianbing LiuPresident & Non-Independent Director · born 1973
- Mr. Yi MaChief Financial Officer · born 1979
- Mr. Guowei LiuDeputy Director of Technology Center & Director · born 1971
- Ms. Peng Yan MingVP & Secretary · born 1978
- Mr. Wen Peng MaVice President · born 1968
- Mr. Liang NiuVice President · born 1981