002237.SHE Shandong Humon Smelting Co Ltd
- Market cap
- CNY 15.6B
- P/E
- 15.0x
- P/B
- 1.11x
- ROE
- 9.3%
- Dividend yield
- 1.04%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002237.SHE undervalued?
Graham number002237.SHE trades 14.1% 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?
Shandong Humon Smelting Co Ltd fundamental analysis
No fundamental analysis for Shandong Humon Smelting Co Ltd yet.
Shandong Humon Smelting Co Ltd stock price
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About Shandong Humon Smelting Co Ltd
Shandong Humon Smelting Co., Ltd. engages in smelting of gold in China and internationally. It is also involved in smelting, refining, and processing of rare and semi metal; precious metal mining; chemical; research, development, and production of high purity metal materials; trade of mineral products; and other businesses. The company offers gold, silver, electrolytic copper, and sulfuric acid; and produces antimony white, bismuth ingots, tellurium ingots, selenium dioxide,…
Full company profileShandong Humon Smelting 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.
Shandong Humon Smelting 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 | 16.4B | 19.8B | 21.2B | 28.5B | 36.1B | 41.4B | 50.0B | 65.6B | 75.8B | 112B | 109B |
| Gross Profit | 1.04B | 1.44B | 1.39B | 1.53B | 1.52B | 2.01B | 1.80B | 1.70B | 1.72B | 2.00B | 2.88B |
| Operating Income | 370M | 491M | 496M | 391M | 481M | 531M | 624M | 566M | 617M | 1.20B | 1.92B |
| EBITDA | 1.00B | 1.30B | 1.15B | 1.35B | 1.41B | 1.65B | 1.58B | 1.41B | 1.36B | 1.77B | 1.96B |
| Net Income | 203M | 398M | 406M | 306M | 366M | 455M | 499M | 516M | 537M | 638M | 1.30B |
| EPS | 0.22 | 0.44 | 0.45 | 0.34 | 0.32 | 0.40 | 0.43 | 0.45 | 0.41 | 0.50 | 0.91 |
| Balance Sheet | |||||||||||
| Total Assets | 13.3B | 13.4B | 14.9B | 16.1B | 17.9B | 19.4B | 19.9B | 21.9B | 24.7B | 37.0B | 37.9B |
| Total Liabilities | 9.46B | 8.88B | 10.6B | 11.5B | 10.4B | 11.6B | 11.7B | 12.7B | 15.0B | 23.7B | 24.1B |
| Shareholders' Equity | 3.82B | 4.55B | 4.36B | 4.66B | 7.49B | 7.81B | 8.26B | 9.28B | 9.85B | 13.3B | 14.0B |
| Cash & Short-term Investments | 1.73B | 1.32B | 2.17B | 1.72B | 2.68B | 3.60B | 3.90B | 4.81B | 3.97B | 4.05B | 6.97B |
| Total Debt | 3.89B | 5.56B | 6.74B | 6.03B | 6.94B | 9.00B | 7.82B | 9.03B | 10.0B | 14.0B | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 260M | 795M | 1.16B | 516M | 194M | 474M | 1.56B | 1.03B | 412M | -1.99B | - |
| Capital Expenditure | 576M | 393M | 843M | 579M | 593M | 314M | 406M | 1.50B | 2.27B | 1.28B | 1.48B |
| Free Cash Flow | -316M | 303M | 314M | -62.9M | -399M | 160M | 1.16B | -463M | -1.86B | -3.27B | -2.58B |
| Ratios | |||||||||||
| ROE | 5.3% | 8.8% | 9.3% | 6.6% | 4.9% | 5.8% | 6.0% | 5.6% | 5.4% | 4.8% | 9.3% |
| ROA | 1.5% | 3.0% | 2.7% | 1.9% | 2.0% | 2.3% | 2.5% | 2.4% | 2.2% | 1.7% | 3.4% |
| Net Profit Margin | 1.2% | 2.0% | 1.9% | 1.1% | 1.0% | 1.1% | 1.0% | 0.8% | 0.7% | 0.6% | 1.2% |
| Debt to Equity | 1.02x | 1.22x | 1.55x | 1.29x | 0.93x | 1.15x | 0.95x | 0.97x | 1.02x | 1.05x | - |
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.
Shandong Humon Smelting Co Ltd dividends
- Dividend yield
- 1.04%
- Forward dividend
- 0.13 CNY
- Payout ratio
- 25.4%
- Ex-dividend date
- Jun 4, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 162M | 0.13 | 25.4% |
| 2024 | CNY 442M | 0.34 | 82.3% |
| 2023 | CNY 267M | 0.23 | 51.7% |
| 2022 | CNY 372M | 0.32 | 74.5% |
| 2021 | CNY 86.1M | 0.08 | 18.9% |
| 2020 | CNY 337M | 0.29 | 92.1% |
| 2019 | CNY 366M | 0.41 | 119.8% |
| 2018 | CNY 472M | 0.52 | 116.3% |
| 2017 | CNY 377M | 0.42 | 94.8% |
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: 20:10 on Apr 16, 2015.
Who owns Shandong Humon Smelting Co Ltd
- Insiders 46.42%
- Institutions 5.80%
- Public & others 47.78%
- Shares outstanding 1.43B
- Free float 823M
Shandong Humon Smelting Co Ltd company profile
- Company name
- Shandong Humon Smelting Co Ltd
- Ticker
- 002237.SHE
- ISIN
- CNE100000BH8
- Exchange
- Shenzhen Stock Exchange
- Listed since
- May 20, 2008
- Sector
- Basic Materials
- Industry
- Metals & Mining
- Employees
- 6,294
- Fiscal year end
- December
- Address
- Shuishui Town, Yantai, China, 264000
- Phone
- 86 53 5463 1040
- Website
- hbyl.cn
About Shandong Humon Smelting Co Ltd
Shandong Humon Smelting Co., Ltd. engages in smelting of gold in China and internationally. It is also involved in smelting, refining, and processing of rare and semi metal; precious metal mining; chemical; research, development, and production of high purity metal materials; trade of mineral products; and other businesses. The company offers gold, silver, electrolytic copper, and sulfuric acid; and produces antimony white, bismuth ingots, tellurium ingots, selenium dioxide, metal arsenic, platinum, palladium, high-purity arsenic, and other rare and high-purity metals. Shandong Humon Smelting Co., Ltd. was founded in 1988 and is headquartered in Yantai, China.
Shandong Humon Smelting Co Ltd management
10- Mr. Xiao Bo XiaSecretary of the Board of Directors & Deputy GM · born 1979
- Mr. Jun Feng ZhangDeputy General Manager · born 1973
- Mr. Ren Wen ZhangDeputy General Manager · born 1965
- Mr. Xu Bo JiDeputy General Manager · born 1978
- Mr. Yuan Hui LiuDeputy General Manager · born 1979
- Mr. Pei Sheng JiangDeputy General Manager · born 1969
- Mr. Li Xin WangDeputy General Manager · born 1967
- Mr. Ruitao SunDeputy General Manager · born 1975
- Mr. Wei Ke GaoDeputy General Manager · born 1979
- Mr. Zhong OuyangCFO & Director · born 1968