002443.SHE Zhejiang Kingland Pipeline and Technologies Co Ltd
- Market cap
- CNY 4.96B
- P/E
- 29.8x
- P/B
- 1.43x
- ROE
- 4.4%
- Dividend yield
- 2.11%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002443.SHE undervalued?
Graham number002443.SHE trades 37.7% 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 Kingland Pipeline and Technologies Co Ltd fundamental analysis
No fundamental analysis for Zhejiang Kingland Pipeline and Technologies Co Ltd yet.
Zhejiang Kingland Pipeline and Technologies Co Ltd stock price
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About Zhejiang Kingland Pipeline and Technologies Co Ltd
Zhejiang Kingland Pipeline and Technologies Co.,Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of welded steel pipe products for the petroleum industry in China. The company offers hot-dip galvanized steel pipes; feed water coated/lined with plastic composite pipes; coating the pipe; steel-plastic composite pipe fittings; stainlesssteel pipes and fittings; straight seam high frequency resistance welded steel pipes; spiral an…
Full company profileZhejiang Kingland Pipeline and Technologies 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 Kingland Pipeline and Technologies 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 | 2.64B | 3.86B | 4.81B | 5.05B | 5.11B | 7.04B | 6.09B | 5.74B | 4.62B | 4.26B | 4.04B |
| Gross Profit | 358M | 447M | 620M | 750M | 743M | 842M | 657M | 689M | 505M | 446M | 480M |
| Operating Income | 55.3M | 192M | 231M | 348M | 705M | 470M | 296M | 374M | 263M | 180M | 192M |
| EBITDA | 161M | 291M | 350M | 460M | 791M | 570M | 398M | 458M | 349M | 278M | 198M |
| Net Income | 62.8M | 163M | 191M | 275M | 584M | 386M | 235M | 284M | 201M | 138M | 148M |
| EPS | 0.12 | 0.31 | 0.37 | 0.53 | 1.12 | 0.74 | 0.45 | 0.55 | 0.39 | 0.26 | 0.29 |
| Balance Sheet | |||||||||||
| Total Assets | 3.26B | 3.26B | 3.76B | 3.71B | 4.04B | 4.44B | 4.73B | 4.64B | 4.51B | 4.82B | 4.77B |
| Total Liabilities | 1.15B | 997M | 1.35B | 1.11B | 989M | 1.17B | 1.43B | 1.05B | 800M | 1.12B | 1.16B |
| Shareholders' Equity | 1.99B | 2.13B | 2.27B | 2.44B | 2.87B | 3.07B | 3.10B | 3.36B | 3.49B | 3.46B | 3.36B |
| Cash & Short-term Investments | 333M | 188M | 467M | 488M | 536M | 624M | 855M | 1.09B | 1.43B | 520M | 516M |
| Total Debt | 765M | 510M | 647M | 345M | 180M | 397M | 670M | 311M | 94.0M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 29.9M | -64.8M | 15.2M | 164M | 314M | 166M | 245M | 662M | 584M | 8.31M | - |
| Capital Expenditure | 113M | 99.6M | 111M | 112M | 136M | 73.0M | 50.4M | 39.3M | 21.9M | 20.5M | 39.4M |
| Free Cash Flow | -82.8M | -164M | -95.5M | 51.8M | 178M | 93.2M | 194M | 622M | 562M | -12.2M | 162M |
| Ratios | |||||||||||
| ROE | 3.2% | 7.6% | 8.4% | 11.3% | 20.4% | 12.6% | 7.6% | 8.5% | 5.8% | 4.0% | 4.4% |
| ROA | 1.9% | 5.0% | 5.1% | 7.4% | 14.5% | 8.7% | 5.0% | 6.1% | 4.5% | 2.9% | 3.1% |
| Net Profit Margin | 2.4% | 4.2% | 4.0% | 5.5% | 11.4% | 5.5% | 3.9% | 4.9% | 4.4% | 3.2% | 3.7% |
| Debt to Equity | 0.39x | 0.24x | 0.29x | 0.14x | 0.06x | 0.13x | 0.22x | 0.09x | 0.03x | - | - |
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 Kingland Pipeline and Technologies Co Ltd dividends
- Dividend yield
- 2.11%
- Forward dividend
- 0.03 CNY
- Payout ratio
- 76.1%
- Ex-dividend date
- May 20, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 105M | 0.20 | 76.1% |
| 2024 | CNY 31.7M | 0.06 | 15.7% |
| 2023 | CNY 29.9M | 0.06 | 10.5% |
| 2022 | CNY 208M | 0.40 | 88.4% |
| 2021 | CNY 182M | 0.35 | 47.3% |
| 2020 | CNY 156M | 0.30 | 26.7% |
| 2019 | CNY 104M | 0.20 | 37.8% |
| 2018 | CNY 82.1M | 0.16 | 43.0% |
| 2017 | CNY 51.2M | 0.10 | 31.5% |
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: 12:10 on Jun 20, 2014.
Who owns Zhejiang Kingland Pipeline and Technologies Co Ltd
- Insiders 27.37%
- Institutions 2.27%
- Public & others 70.36%
- Shares outstanding 521M
- Free float 367M
Zhejiang Kingland Pipeline and Technologies Co Ltd company profile
- Company name
- Zhejiang Kingland Pipeline and Technologies Co Ltd
- Ticker
- 002443.SHE
- ISIN
- CNE100000R18
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jul 6, 2010
- Sector
- Basic Materials
- Industry
- Energy Equipment & Services
- Employees
- 1,825
- Fiscal year end
- December
- Address
- 388 Funan Road, Huzhou, China
- Phone
- 86 57 2207 2542
- Website
- chinakingland.com
About Zhejiang Kingland Pipeline and Technologies Co Ltd
Zhejiang Kingland Pipeline and Technologies Co.,Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of welded steel pipe products for the petroleum industry in China. The company offers hot-dip galvanized steel pipes; feed water coated/lined with plastic composite pipes; coating the pipe; steel-plastic composite pipe fittings; stainlesssteel pipes and fittings; straight seam high frequency resistance welded steel pipes; spiral and straight seam submerged arc welded steel pipes; large diameter rolled straight seam submerged arc welded steel pipes; and FBE/2PE/3PE anti-corrosion steel pipes. Its products are used in long-distance oil and gas transportation pipelines, urban gas, fire protection, chemical industry, water supply and drainage, construction, communication, electric power, structural pipes, and other applications. The company also engages in outward investment; trade and wholesale; and scientific research and technical services. The company was formerly known as Huzhou Jinzhou Tube Co., Ltd. and changed its name to Zhejiang Kingland Pipeline and Technologies Co.,Ltd. in July 2002. Zhejiang Kingland Pipeline and Technologies Co.,Ltd. was founded in 1981 and is headquartered in Huzhou, China.
Zhejiang Kingland Pipeline and Technologies Co Ltd management
5- Mr. Linfeng YangGM & Vice Chairman · born 1966
- Mr. Hualiang ChaiDeputy GM, Financial Director & Accounting Supervisor · born 1982
- Mr. Weifang YangDeputy General Manager · born 1971
- Mr. Jun XueDeputy GM, Secretary to the Board & Director · born 1987
- Mr. Lixin ZhuDeputy General Manager · born 1975