002318.SHE Zhejiang JIULI Hi-tech Metals Co Ltd
- Market cap
- CNY 16.5B
- P/E
- 22.2x
- P/B
- 1.96x
- ROE
- 7.7%
- Dividend yield
- 5.65%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002318.SHE undervalued?
Graham number002318.SHE trades 39.1% 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 JIULI Hi-tech Metals Co Ltd fundamental analysis
No fundamental analysis for Zhejiang JIULI Hi-tech Metals Co Ltd yet.
Zhejiang JIULI Hi-tech Metals Co Ltd stock price
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About Zhejiang JIULI Hi-tech Metals Co Ltd
Zhejiang JIULI Hi-tech Metals Co., Ltd, together with its subsidiaries, researches, develops, manufactures, and sells industrial stainless steel and pipeline products in China and internationally. The company offers austenitic and super austenitic stainless steel pipes/tubes, super duplex stainless steel pipes and tubes, corrosion and high temperature resistant alloy pipes, bimetal composites pipes, ultra pure ferritic stainless steel pipes/tubes, titanium alloy tubes, non-s…
Full company profileZhejiang JIULI Hi-tech Metals 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 JIULI Hi-tech Metals 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 | 2.70B | 2.83B | 4.06B | 4.44B | 4.96B | 5.97B | 6.54B | 8.57B | 10.9B | 12.1B | 8.12B |
| Gross Profit | 602M | 587M | 1.00B | 1.19B | 1.36B | 1.46B | 1.61B | 2.18B | 2.95B | 2.97B | 1.61B |
| Operating Income | 168M | 148M | 379M | 591M | 904M | 905M | 1.39B | 1.73B | 1.81B | 1.64B | 512M |
| EBITDA | 356M | 384M | 632M | 795M | 1.02B | 1.00B | 1.09B | 1.48B | 2.05B | 2.36B | 768M |
| Net Income | 168M | 134M | 304M | 500M | 772M | 794M | 1.29B | 1.49B | 1.49B | 1.51B | 604M |
| EPS | 0.20 | 0.16 | 0.36 | 0.59 | 0.80 | 0.83 | 1.35 | 1.52 | 1.55 | 1.54 | 0.62 |
| Balance Sheet | |||||||||||
| Total Assets | 3.88B | 4.95B | 5.18B | 5.98B | 6.82B | 7.83B | 9.87B | 13.0B | 14.2B | 13.9B | 14.0B |
| Total Liabilities | 1.20B | 1.96B | 1.89B | 2.42B | 1.87B | 2.57B | 3.44B | 5.56B | 6.05B | 5.05B | 5.82B |
| Shareholders' Equity | 2.61B | 2.90B | 3.17B | 3.42B | 4.80B | 5.10B | 6.22B | 7.24B | 7.88B | 8.61B | 7.88B |
| Cash & Short-term Investments | 448M | 1.01B | 1.06B | 887M | 1.28B | 1.33B | 1.98B | 4.32B | 2.82B | 2.21B | 1.55B |
| Total Debt | 211M | 1.15B | 912M | 969M | 132M | 215M | 594M | 774M | 745M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 307M | -111M | 649M | 607M | 1.33B | 759M | 994M | 1.76B | 831M | 1.89B | - |
| Capital Expenditure | 169M | 145M | 191M | 368M | 433M | 738M | 417M | 448M | 593M | 734M | 792M |
| Free Cash Flow | 137M | -267M | 459M | 239M | 895M | 20.7M | 577M | 1.31B | 238M | 1.16B | -1.03B |
| Ratios | |||||||||||
| ROE | 6.4% | 4.6% | 9.6% | 14.6% | 16.1% | 15.6% | 20.7% | 20.5% | 18.9% | 17.5% | 7.7% |
| ROA | 4.3% | 2.7% | 5.9% | 8.4% | 11.3% | 10.1% | 13.0% | 11.4% | 10.5% | 10.8% | 4.3% |
| Net Profit Margin | 6.2% | 4.7% | 7.5% | 11.3% | 15.6% | 13.3% | 19.7% | 17.4% | 13.7% | 12.5% | 7.4% |
| Debt to Equity | 0.08x | 0.40x | 0.29x | 0.28x | 0.03x | 0.04x | 0.10x | 0.11x | 0.09x | - | - |
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 JIULI Hi-tech Metals Co Ltd dividends
- Dividend yield
- 5.65%
- Forward dividend
- 1.00 CNY
- Payout ratio
- 61.8%
- Ex-dividend date
- May 28, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 932M | 0.95 | 61.8% |
| 2024 | CNY 488M | 0.51 | 32.7% |
| 2023 | CNY 451M | 0.46 | 30.3% |
| 2022 | CNY 384M | 0.40 | 29.8% |
| 2021 | CNY 365M | 0.38 | 46.0% |
| 2020 | CNY 252M | 0.26 | 32.7% |
| 2019 | CNY 252M | 0.30 | 50.5% |
| 2018 | CNY 139M | 0.16 | 45.7% |
| 2017 | CNY 60.4M | 0.07 | 45.1% |
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: 25:10 on Oct 21, 2015.
Who owns Zhejiang JIULI Hi-tech Metals Co Ltd
- Insiders 42.59%
- Institutions 12.59%
- Public & others 44.82%
- Shares outstanding 977M
- Free float 544M
Zhejiang JIULI Hi-tech Metals Co Ltd company profile
- Company name
- Zhejiang JIULI Hi-tech Metals Co Ltd
- Ticker
- 002318.SHE
- ISIN
- CNE100000HX2
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Dec 11, 2009
- Sector
- Basic Materials
- Industry
- Metals & Mining
- Employees
- 4,680
- Fiscal year end
- December
- Address
- South Gate of Jiuli Industrial Park, Huzhou, China, 313028
- Phone
- 86 57 2253 9999
- Website
- jiuli.com
About Zhejiang JIULI Hi-tech Metals Co Ltd
Zhejiang JIULI Hi-tech Metals Co., Ltd, together with its subsidiaries, researches, develops, manufactures, and sells industrial stainless steel and pipeline products in China and internationally. The company offers austenitic and super austenitic stainless steel pipes/tubes, super duplex stainless steel pipes and tubes, corrosion and high temperature resistant alloy pipes, bimetal composites pipes, ultra pure ferritic stainless steel pipes/tubes, titanium alloy tubes, non-standard pipe fittings, prefabricated parts, composite pipe fittings, flanges, forged pipe fittings, butt welding pipe fittings, corrosion resistant alloy bars, high temperature resistant alloy bars, special stainless steel bars, high-strength steel bars, precision alloys, and pure nickel. It is also involved in trade and wholesale; consulting; investment and asset management; and technical services. The company's products are used in thermal power energy, oil and gas, photovoltaic, solar, wind, transportation manufacturing, instrumentation, petrochemical, coal and fine chemical industries, ships, seawater desalination, biomedical, and food safety applications. It exports its products. The company was founded in 1987 and is headquartered in Huzhou, China.
Zhejiang JIULI Hi-tech Metals Co Ltd management
8- Mr. Chang Cheng WangGM & Director · born 1966
- Ms. Linjin ZhangFinancial Manager · born 1989
- Mr. Amin XuDeputy GM & Director · born 1967
- Mr. Cheng SuChief Engineer & Director · born 1970
- Mr. Xiaogang ShenDeputy GM & Director · born 1984
- Ms. Yubin ZhouExecutive Vice GM & Director · born 1976
- Mr. Haotian ShouSecretary of the Board of Directors · born 1987
- Xinhong PanAccountant Supervisor