002233.SHE Guangdong Tapai Group Co Ltd
- Market cap
- CNY 8.84B
- P/E
- 29.0x
- P/B
- 0.76x
- ROE
- 3.0%
- Dividend yield
- 5.98%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002233.SHE undervalued?
Graham number002233.SHE trades 1.0% 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?
Guangdong Tapai Group Co Ltd fundamental analysis
No fundamental analysis for Guangdong Tapai Group Co Ltd yet.
Guangdong Tapai Group Co Ltd stock price
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About Guangdong Tapai Group Co Ltd
Guangdong Tapai Group Co., Ltd., together with its subsidiaries, engages in the production and sale of cement in China. It offers Portland cement clinker; general purpose Portland cement clinker, such as Portland, ordinary Portland, pozzolanic Portland, slag Portland, fly ash Portland, and composite Portland cements; and ready-mixed concrete. The company sells its products under the Ta Pai, Yue Ta, Jiaying and Heng Ta brand names. Its products are used in infrastructure cons…
Full company profileGuangdong Tapai 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.
Guangdong Tapai 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 | 3.63B | 4.56B | 6.63B | 6.89B | 7.05B | 7.71B | 6.03B | 5.53B | 4.28B | 4.11B | 3.48B |
| Gross Profit | 947M | 1.35B | 2.67B | 2.60B | 2.79B | 2.87B | 1.02B | 1.45B | 944M | 1.01B | 753M |
| Operating Income | 599M | 973M | 2.31B | 2.34B | 2.40B | 2.46B | 399M | 969M | 730M | 804M | 277M |
| EBITDA | 975M | 1.29B | 2.69B | 2.66B | 2.76B | 2.85B | 824M | 1.42B | 1.15B | 1.23B | 455M |
| Net Income | 454M | 721M | 1.72B | 1.73B | 1.78B | 1.84B | 266M | 742M | 538M | 634M | 346M |
| EPS | 0.51 | 0.76 | 1.45 | 1.46 | 1.51 | 1.57 | 0.23 | 0.64 | 0.46 | 0.54 | 0.30 |
| Balance Sheet | |||||||||||
| Total Assets | 6.73B | 9.79B | 10.9B | 11.8B | 12.6B | 13.8B | 12.8B | 13.5B | 13.5B | 13.4B | 13.0B |
| Total Liabilities | 2.05B | 1.60B | 1.96B | 1.96B | 2.15B | 2.08B | 1.51B | 1.49B | 1.49B | 1.37B | 1.32B |
| Shareholders' Equity | 4.68B | 8.18B | 8.98B | 9.78B | 10.4B | 11.7B | 11.3B | 12.0B | 12.0B | 12.0B | 11.6B |
| Cash & Short-term Investments | 757M | 1.19B | 1.82B | 3.89B | 4.59B | 4.85B | 4.46B | 5.58B | 4.96B | 4.79B | 1.14B |
| Total Debt | 705M | 20.0M | - | - | - | - | - | 689K | 18.7M | 30.1M | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 971M | 951M | 2.62B | 2.08B | 2.42B | 2.20B | 533M | 1.19B | 850M | 778M | - |
| Capital Expenditure | 659M | 592M | 753M | 1.37B | 788M | 814M | 454M | 452M | 522M | 343M | 351M |
| Free Cash Flow | 312M | 359M | 1.86B | 708M | 1.63B | 1.38B | 79.7M | 739M | 327M | 435M | 180M |
| Ratios | |||||||||||
| ROE | 9.7% | 8.8% | 19.2% | 17.7% | 17.1% | 15.7% | 2.4% | 6.2% | 4.5% | 5.3% | 3.0% |
| ROA | 6.7% | 7.4% | 15.7% | 14.8% | 14.1% | 13.3% | 2.1% | 5.5% | 4.0% | 4.7% | 2.7% |
| Net Profit Margin | 12.5% | 15.8% | 26.0% | 25.2% | 25.3% | 23.8% | 4.4% | 13.4% | 12.6% | 15.4% | 9.9% |
| Debt to Equity | 0.15x | 0.00x | - | - | - | - | - | 0.00x | 0.00x | 0.00x | - |
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.
Guangdong Tapai Group Co Ltd dividends
- Dividend yield
- 5.98%
- Forward dividend
- 0.61 CNY
- Payout ratio
- 83.3%
- Ex-dividend date
- Sep 24, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 528M | 0.45 | 83.3% |
| 2024 | CNY 585M | 0.50 | 108.8% |
| 2023 | CNY 140M | 0.12 | 18.9% |
| 2022 | CNY 738M | 0.63 | 277.3% |
| 2021 | CNY 511M | 0.44 | 27.9% |
| 2020 | CNY 1.03B | 0.87 | 57.7% |
| 2019 | CNY 870M | 0.73 | 50.2% |
| 2018 | CNY 859M | 0.72 | 49.8% |
| 2017 | CNY 211M | 0.22 | 29.3% |
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 May 23, 2011.
Who owns Guangdong Tapai Group Co Ltd
- Insiders 47.80%
- Institutions 19.14%
- Public & others 33.06%
- Shares outstanding 1.17B
- Free float 689M
Guangdong Tapai Group Co Ltd company profile
- Company name
- Guangdong Tapai Group Co Ltd
- Ticker
- 002233.SHE
- ISIN
- CNE100000BC9
- Exchange
- Shenzhen Stock Exchange
- Listed since
- May 16, 2008
- Sector
- Basic Materials
- Industry
- Construction Materials
- Employees
- 1,660
- Fiscal year end
- December
- Address
- Ta Pai Building, Meizhou, China, 514199
- Phone
- 86 75 3788 7036
- Website
- tapai.com
About Guangdong Tapai Group Co Ltd
Guangdong Tapai Group Co., Ltd., together with its subsidiaries, engages in the production and sale of cement in China. It offers Portland cement clinker; general purpose Portland cement clinker, such as Portland, ordinary Portland, pozzolanic Portland, slag Portland, fly ash Portland, and composite Portland cements; and ready-mixed concrete. The company sells its products under the Ta Pai, Yue Ta, Jiaying and Heng Ta brand names. Its products are used in infrastructure construction, including highways, hydropower projects, railways, ports, and airports, as well as various construction projects, such as real estate. Guangdong Tapai Group Co., Ltd. was founded in 1995 and is based in Meizhou, China.
Guangdong Tapai Group Co Ltd management
5- Mr. Hongfei Lai CPAGM, Secretary of the Board & Director · born 1977
- Mr. Yandong LiuDeputy General Manager · born 1976
- Mr. Huasheng ZhongDeputy General Manager · born 1971
- Mr. Qing LiuChief Financial Officer · born 1989
- Yan Fen GuAccounting Supervisor