002276.SHE Zhejiang Wanma Co Ltd
- Market cap
- CNY 9.82B
- P/E
- 32.4x
- P/B
- 1.48x
- ROE
- 7.5%
- Dividend yield
- 0.90%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002276.SHE undervalued?
Graham number002276.SHE trades 45.7% 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 Wanma Co Ltd fundamental analysis
No fundamental analysis for Zhejiang Wanma Co Ltd yet.
Zhejiang Wanma Co Ltd stock price
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About Zhejiang Wanma Co Ltd
Zhejiang Wanma Co., Ltd. manufactures and sells communication cables in China and internationally. It operates through Wire and Cable, New Material, and New Energy segments. The company is also involved in the import and export business of electrolytic copper, aluminum, zinc, polymer materials, coaxial cables, etc.; technology development, consulting, and transfer in the fields of communications and artificial intelligence; passenger transport, car and auto parts sales, elec…
Full company profileZhejiang Wanma 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 Wanma 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 | 6.38B | 7.41B | 8.74B | 9.75B | 9.32B | 12.8B | 14.7B | 15.1B | 17.8B | 19.2B | 21.5B |
| Gross Profit | 996M | 1.01B | 1.28B | 1.62B | 1.42B | 1.64B | 1.97B | 2.14B | 1.99B | 2.34B | 2.33B |
| Operating Income | 164M | 94.4M | 118M | 245M | 243M | 291M | 456M | 608M | 379M | 734M | 717M |
| EBITDA | 355M | 256M | 328M | 492M | 476M | 549M | 768M | 963M | 722M | 805M | 585M |
| Net Income | 215M | 115M | 112M | 221M | 223M | 271M | 412M | 555M | 341M | 347M | 482M |
| EPS | 0.23 | 0.12 | 0.11 | 0.21 | 0.22 | 0.27 | 0.41 | 0.55 | 0.34 | 0.34 | 0.48 |
| Balance Sheet | |||||||||||
| Total Assets | 5.03B | 7.04B | 7.34B | 7.60B | 8.34B | 11.4B | 12.6B | 13.8B | 15.0B | 16.5B | 18.7B |
| Total Liabilities | 1.95B | 3.06B | 3.31B | 3.32B | 3.82B | 6.87B | 7.75B | 8.34B | 9.35B | 10.3B | 12.3B |
| Shareholders' Equity | 3.07B | 3.97B | 4.02B | 4.25B | 4.52B | 4.54B | 4.86B | 5.40B | 5.64B | 6.14B | 6.39B |
| Cash & Short-term Investments | 593M | 962M | 912M | 1.17B | 1.51B | 2.56B | 3.63B | 3.47B | 2.40B | 2.84B | 3.43B |
| Total Debt | 605M | 1.55B | 1.50B | 1.07B | 661M | 1.28B | 1.83B | 1.20B | 980M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 280M | -940M | 639M | 872M | 704M | 909M | 690M | 445M | 201M | 604M | - |
| Capital Expenditure | 170M | 249M | 279M | 235M | 268M | 373M | 314M | 526M | 410M | 278M | 272M |
| Free Cash Flow | 110M | -1.19B | 360M | 637M | 435M | 536M | 376M | -81.1M | -209M | 326M | 1.32B |
| Ratios | |||||||||||
| ROE | 7.0% | 2.9% | 2.8% | 5.2% | 4.9% | 6.0% | 8.5% | 10.3% | 6.0% | 5.6% | 7.5% |
| ROA | 4.3% | 1.6% | 1.5% | 2.9% | 2.7% | 2.4% | 3.3% | 4.0% | 2.3% | 2.1% | 2.6% |
| Net Profit Margin | 3.4% | 1.6% | 1.3% | 2.3% | 2.4% | 2.1% | 2.8% | 3.7% | 1.9% | 1.8% | 2.2% |
| Debt to Equity | 0.20x | 0.39x | 0.37x | 0.25x | 0.15x | 0.28x | 0.38x | 0.22x | 0.17x | - | - |
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 Wanma Co Ltd dividends
- Dividend yield
- 0.90%
- Forward dividend
- 0.06 CNY
- Payout ratio
- 25.3%
- Ex-dividend date
- Jun 12, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 87.9M | 0.09 | 25.3% |
| 2024 | CNY 104M | 0.10 | 30.4% |
| 2023 | CNY 120M | 0.12 | 21.6% |
| 2022 | CNY 37.2M | 0.04 | 9.0% |
| 2021 | CNY 35.2M | 0.03 | 13.0% |
| 2020 | CNY 36.2M | 0.03 | 16.2% |
| 2019 | CNY 20.7M | 0.02 | 9.4% |
| 2018 | CNY 80.5M | 0.08 | 72.0% |
| 2017 | CNY 163M | 0.17 | 141.9% |
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 Mar 28, 2012.
Who owns Zhejiang Wanma Co Ltd
- Insiders 27.52%
- Institutions 3.13%
- Public & others 69.35%
- Shares outstanding 1.01B
- Free float 738M
Zhejiang Wanma Co Ltd company profile
- Company name
- Zhejiang Wanma Co Ltd
- Ticker
- 002276.SHE
- ISIN
- CNE100000DZ6
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jul 10, 2009
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 6,211
- Fiscal year end
- December
- Address
- Wanma Innovation Park, Hangzhou, China, 311305
- Phone
- 86 57 1637 55256
- Website
- wanmaco.com
About Zhejiang Wanma Co Ltd
Zhejiang Wanma Co., Ltd. manufactures and sells communication cables in China and internationally. It operates through Wire and Cable, New Material, and New Energy segments. The company is also involved in the import and export business of electrolytic copper, aluminum, zinc, polymer materials, coaxial cables, etc.; technology development, consulting, and transfer in the fields of communications and artificial intelligence; passenger transport, car and auto parts sales, electric vehicle charging, and vehicle leasing; investment, construction, and operation of charging facilities; production and sales of polymer material products; marine energy system and equipment manufacturing; and electricity business, as well as provides marine engineering design and module design and manufacturing services; and cargo transportation, warehousing, loading and unloading services. Zhejiang Wanma Co., Ltd. was founded in 1989 and is headquartered in Hangzhou, China.
Zhejiang Wanma Co Ltd management
4- Mr. Shengqiang HuangGM & Director · born 1968
- Ms. Shan LiuDeputy GM, CFO & Director · born 1987
- Mr. Hongtao WeiDirector & Deputy GM · born 1989
- Mr. Haiquan LiDeputy General Manager · born 1973