002337.SHE Tianjin Saixiang Technology Co Ltd
- Market cap
- CNY 2.79B
- P/E
- 79.0x
- P/B
- 2.06x
- ROE
- 3.7%
- Dividend yield
- 0.44%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002337.SHE undervalued?
Graham number002337.SHE trades 168.8% 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?
Tianjin Saixiang Technology Co Ltd fundamental analysis
No fundamental analysis for Tianjin Saixiang Technology Co Ltd yet.
Tianjin Saixiang Technology Co Ltd stock price
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About Tianjin Saixiang Technology Co Ltd
Tianjin Saixiang Technology Co.,Ltd, together with its subsidiaries, engages in the research, development, manufacture, sale, and service of intelligent equipment for radial tires in the People's Republic of China and internationally. The company offers passenger/light truck radial tire one-step forming machines, all"steel load-bearing radial tire one-step forming machines, two-drum/four-drum all-steel engineering radial tire one-step forming machines, agricultural radial ti…
Full company profileTianjin Saixiang Technology 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.
Tianjin Saixiang Technology 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 | 382M | 571M | 454M | 531M | 361M | 733M | 481M | 677M | 759M | 691M | 788M |
| Gross Profit | 150M | 203M | 197M | 176M | 11.1M | 164M | 141M | 219M | 202M | 210M | 214M |
| Operating Income | -15.6M | -15.5M | 11.5M | 11.2M | -107M | 50.1M | 48.9M | 68.3M | 44.9M | 55.1M | 70.6M |
| EBITDA | 47.5M | 41.8M | 34.5M | 32.0M | -90.9M | 67.7M | 68.6M | 84.0M | 62.0M | 72.4M | 52.9M |
| Net Income | 12.9M | 14.5M | 7.41M | 10.9M | -102M | 37.2M | 51.5M | 63.2M | 39.8M | 49.1M | 50.3M |
| EPS | 0.02 | 0.02 | 0.01 | 0.02 | -0.17 | 0.06 | 0.09 | 0.11 | 0.07 | 0.08 | 0.09 |
| Balance Sheet | |||||||||||
| Total Assets | 1.71B | 1.66B | 1.53B | 1.58B | 1.59B | 1.59B | 1.82B | 1.94B | 2.11B | 2.02B | 2.11B |
| Total Liabilities | 364M | 324M | 222M | 270M | 402M | 388M | 563M | 628M | 771M | 632M | 684M |
| Shareholders' Equity | 1.21B | 1.21B | 1.21B | 1.22B | 1.11B | 1.12B | 1.17B | 1.24B | 1.27B | 1.32B | 1.36B |
| Cash & Short-term Investments | 285M | 296M | 221M | 489M | 511M | 433M | 639M | 641M | 783M | 617M | 500M |
| Total Debt | 16.3M | 33.1M | 7.80M | 84.9M | 116M | 108M | 8.77M | 13.1M | 23.2M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 39.9M | 112M | 26.9M | 87.3M | -21.7M | -52.2M | 113M | -47.9M | -181M | -202M | - |
| Capital Expenditure | 6.00M | 4.61M | 5.28M | 4.89M | 1.76M | 4.69M | 786K | 1.63M | 1.04M | 1.73M | 7.59M |
| Free Cash Flow | 33.9M | 107M | 21.6M | 82.4M | -23.4M | -56.8M | 112M | -49.5M | -182M | -204M | 103M |
| Ratios | |||||||||||
| ROE | 1.1% | 1.2% | 0.6% | 0.9% | -9.2% | 3.3% | 4.4% | 5.1% | 3.1% | 3.7% | 3.7% |
| ROA | 0.8% | 0.9% | 0.5% | 0.7% | -6.4% | 2.3% | 2.8% | 3.3% | 1.9% | 2.4% | 2.4% |
| Net Profit Margin | 3.4% | 2.5% | 1.6% | 2.0% | -28.2% | 5.1% | 10.7% | 9.3% | 5.2% | 7.1% | 6.4% |
| Debt to Equity | 0.01x | 0.03x | 0.01x | 0.07x | 0.10x | 0.10x | 0.01x | 0.01x | 0.02x | - | - |
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.
Tianjin Saixiang Technology Co Ltd dividends
- Dividend yield
- 0.44%
- Forward dividend
- 0.03 CNY
- Payout ratio
- 25.2%
- Ex-dividend date
- Jun 9, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 12.4M | 0.02 | 25.2% |
| 2024 | CNY 19.7M | 0.03 | 49.5% |
| 2023 | CNY 15.9M | 0.03 | 25.2% |
| 2022 | CNY 5.99M | 0.01 | 11.6% |
| 2021 | CNY 69.6K | 0.00 | 0.2% |
| 2020 | CNY 11.8M | 0.02 | - |
| 2019 | CNY 3.22M | 0.01 | 29.6% |
| 2018 | CNY 7.21M | 0.01 | 97.2% |
| 2017 | CNY 817K | 0.00 | 5.6% |
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: 30:10 on Mar 6, 2015.
Who owns Tianjin Saixiang Technology Co Ltd
- Insiders 40.05%
- Institutions 0.70%
- Public & others 59.25%
- Shares outstanding 589M
- Free float 403M
Tianjin Saixiang Technology Co Ltd company profile
- Company name
- Tianjin Saixiang Technology Co Ltd
- Ticker
- 002337.SHE
- ISIN
- CNE100000K98
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jan 15, 2010
- Sector
- Industrials
- Industry
- Machinery
- Employees
- 874
- Fiscal year end
- December
- Address
- Huayuan New Technology Industrial Park, Tianjin, China, 300384
- Phone
- 86 22 2378 8188
- Website
- chinarpm.com
About Tianjin Saixiang Technology Co Ltd
Tianjin Saixiang Technology Co.,Ltd, together with its subsidiaries, engages in the research, development, manufacture, sale, and service of intelligent equipment for radial tires in the People's Republic of China and internationally. The company offers passenger/light truck radial tire one-step forming machines, all"steel load-bearing radial tire one-step forming machines, two-drum/four-drum all-steel engineering radial tire one-step forming machines, agricultural radial tire two-step forming machines, engineering/giant engineering radial tire two-step forming machines, 90-degree steel cord cutting machines, small-angle steel cord cutting machines, radial tire wire ring extrusion and winding production lines, tire tread composite extrusion production lines, engineering tire tread winding production lines, Saixiang cloud industrial internet platform, aircraft large parts transportation fixtures and series of tooling, AGV mobile robots and their system integration, AGV control and scheduling systems, and automotive powertrain intelligent equipment. It also engages in mechanical equipment manufacturing; software development; financial leasing; micro loans; commercial factoring; technical consulting and services; and business and trade activities. The company serves tire manufacturers. It exports its products to approximately 20 countries in Asia, Europe, North America, South America, and Africa. Tianjin Saixiang Technology Co.,Ltd was founded in 1989 and is based in Tianjin, the People's Republic of China.
Tianjin Saixiang Technology Co Ltd management
5- Mr. Xiaochen ZhangGM & Non-Independent Chairman of the Board · born 1988
- Ms. Naiyun YunCFO & Accounting Supervisor · born 1972
- Mr. Hong Jun WangDeputy GM & Secretary of the Board of Directors · born 1974
- Mr. Yuan Fang XiangDeputy General Manager · born 1978
- Ms. Juan LiDeputy General Manager · born 1975