002340.SHE GEM Co Ltd
- Market cap
- CNY 27.6B
- P/E
- 16.4x
- P/B
- 1.28x
- ROE
- 7.5%
- Dividend yield
- 4.70%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002340.SHE undervalued?
Graham number002340.SHE trades 3.3% 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?
GEM Co Ltd fundamental analysis
No fundamental analysis for GEM Co Ltd yet.
GEM Co Ltd stock price
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About GEM Co Ltd
GEM Co., Ltd. operates in the resource comprehensive utilization industry in China and internationally. The company offers basic raw materials, cobalt tetroxide, lithium cobalt oxide, ternary precursor and cathode materials, and other products; cobalt, tungsten, and nickel products; cemented carbide rods and mineral-related cemented carbide products; and gold, silver, palladium, copper, and rhodium metal products. It also provides wood-plastic composite profiles; green recyc…
Full company profileGEM 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.
GEM 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 | 7.84B | 10.8B | 13.9B | 14.4B | 12.5B | 19.3B | 29.4B | 30.5B | 33.2B | 37.1B | 36.0B |
| Gross Profit | 1.21B | 2.13B | 2.50B | 2.54B | 2.07B | 3.29B | 4.00B | 2.96B | 4.98B | 5.46B | 4.74B |
| Operating Income | 301M | 794M | 907M | 859M | 541M | 1.15B | 1.55B | 1.36B | 1.71B | 3.12B | 2.49B |
| EBITDA | 1.03B | 1.83B | 2.26B | 2.09B | 1.73B | 2.52B | 2.98B | 2.00B | 4.49B | 5.59B | 2.88B |
| Net Income | 264M | 610M | 730M | 735M | 413M | 923M | 1.30B | 934M | 1.02B | 1.58B | 1.62B |
| EPS | 0.07 | 0.16 | 0.19 | 0.18 | 0.09 | 0.19 | 0.26 | 0.18 | 0.20 | 0.31 | 0.32 |
| Balance Sheet | |||||||||||
| Total Assets | 19.1B | 22.3B | 25.0B | 26.8B | 29.7B | 34.4B | 44.1B | 52.6B | 66.8B | 74.1B | 73.8B |
| Total Liabilities | 11.9B | 14.4B | 14.7B | 15.8B | 15.6B | 18.6B | 23.3B | 30.9B | 43.3B | 48.8B | 48.8B |
| Shareholders' Equity | 6.88B | 7.52B | 9.88B | 10.5B | 13.3B | 14.2B | 18.5B | 18.8B | 19.4B | 21.4B | 21.5B |
| Cash & Short-term Investments | 2.19B | 2.18B | 3.49B | 3.31B | 4.42B | 3.68B | 5.35B | 5.54B | 4.74B | 6.21B | 5.63B |
| Total Debt | 7.96B | 9.42B | 10.3B | 8.69B | 8.16B | 9.48B | 11.9B | 14.8B | 19.4B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 116M | 233M | 985M | 737M | 854M | 742M | -17.3M | 2.16B | 3.05B | 3.78B | - |
| Capital Expenditure | 1.42B | 1.69B | 1.66B | 1.35B | 1.43B | 3.17B | 4.13B | 5.40B | 11.9B | 9.17B | 3.72B |
| Free Cash Flow | -1.31B | -1.46B | -677M | -617M | -572M | -2.43B | -4.15B | -3.23B | -8.88B | -5.39B | -2.08B |
| Ratios | |||||||||||
| ROE | 3.8% | 8.1% | 7.4% | 7.0% | 3.1% | 6.5% | 7.0% | 5.0% | 5.3% | 7.4% | 7.5% |
| ROA | 1.4% | 2.7% | 2.9% | 2.7% | 1.4% | 2.7% | 2.9% | 1.8% | 1.5% | 2.1% | 2.2% |
| Net Profit Margin | 3.4% | 5.7% | 5.3% | 5.1% | 3.3% | 4.8% | 4.4% | 3.1% | 3.1% | 4.3% | 4.5% |
| Debt to Equity | 1.16x | 1.25x | 1.05x | 0.83x | 0.61x | 0.67x | 0.64x | 0.79x | 1.00x | - | - |
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.
GEM Co Ltd dividends
- Dividend yield
- 4.70%
- Forward dividend
- 0.13 CNY
- Payout ratio
- 82.2%
- Ex-dividend date
- Oct 19, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 1.30B | 0.25 | 82.2% |
| 2024 | CNY 1.22B | 0.24 | 119.9% |
| 2023 | CNY 1.02B | 0.20 | 108.8% |
| 2022 | CNY 139M | 0.03 | 10.7% |
| 2021 | CNY 71.8M | 0.01 | 7.8% |
| 2020 | CNY 144M | 0.03 | 34.8% |
| 2019 | CNY 125M | 0.03 | 16.9% |
| 2018 | CNY 723M | 0.19 | 98.9% |
| 2017 | CNY 541M | 0.14 | 88.7% |
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: 13:10 on May 19, 2017.
Who owns GEM Co Ltd
- Insiders 10.15%
- Institutions 6.52%
- Public & others 83.34%
- Shares outstanding 5.10B
- Free float 4.57B
GEM Co Ltd company profile
- Company name
- GEM Co Ltd
- Ticker
- 002340.SHE
- ISIN
- CNE100000KT4
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jan 22, 2010
- Sector
- Industrials
- Industry
- Metals & Mining
- Employees
- 9,684
- Fiscal year end
- December
- Address
- Xingtong Building, Shenzhen, China, 518100
- Phone
- 86 755 3338 6666
- Website
- gem.com.cn
About GEM Co Ltd
GEM Co., Ltd. operates in the resource comprehensive utilization industry in China and internationally. The company offers basic raw materials, cobalt tetroxide, lithium cobalt oxide, ternary precursor and cathode materials, and other products; cobalt, tungsten, and nickel products; cemented carbide rods and mineral-related cemented carbide products; and gold, silver, palladium, copper, and rhodium metal products. It also provides wood-plastic composite profiles; green recycled plastics; construction machinery, electricity storage, and low-speed vehicle products; waste plastics, scrap aluminum and alloy, scrap copper scraps and scrap copper alloys, and iron scraps; glass, rubber, plastic, aluminum, copper, and scrap steel products; and eco-friendly bricks. The company was formerly known as Shenzhen Green Eco-manufacture Hi-tech Co., Ltd. and changed its name to GEM Co., Ltd. in April 2015. GEM Co., Ltd. was founded in 2001 and is based in Shenzhen, China.
GEM Co Ltd management
10- Mr. Kai Hua XuChairman & GM · born 1966
- Mr. Menggang Mu CPADeputy GM, CFO & Accounting Supervisor · born 1981
- Mr. Bo ZhouExecutive VP & Director · born 1968
- Mr. Hua PanSenior VP, Board Secretary & Non-Independent Director · born 1978
- Mr. Yuping ZhangDeputy General Manager · born 1979
- Mr. Zhi LuDeputy General Manager · born 1984
- Mr. Yi WangDeputy General Manager · born 1978
- Ms. Lin MaDeputy General Manager · born 1984
- Mr. Peng Yun XuDeputy General Manager · born 1985
- Mr. Wen Chao HuaDeputy General Manager · born 1988