002446.SHE Guangdong Shenglu Telecommunication Tech Co Ltd
- Market cap
- CNY 6.12B
- P/E
- 223.0x
- P/B
- 2.51x
- ROE
- 2.1%
- Dividend yield
- 0.22%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002446.SHE undervalued?
Graham numberThe Graham number of Guangdong Shenglu Telecommunication Tech Co Ltd cannot be estimated reliably (the estimate is too far from the market price).
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?
Guangdong Shenglu Telecommunication Tech Co Ltd fundamental analysis
No fundamental analysis for Guangdong Shenglu Telecommunication Tech Co Ltd yet.
Guangdong Shenglu Telecommunication Tech Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Guangdong Shenglu Telecommunication Tech Co Ltd
Guangdong Shenglu Telecommunication Tech. Co., Ltd., together with its subsidiaries, research, develops, manufactures, and sells antennas and RF products in China and internationally. The company offers microwave antennas and accessories, including rectangular and elliptical waveguides, connectors, and microwave communication antenna accessories; base station antennas, such as multibeam, omnidirectional, sector, and small cell; and automotive antennas comprising GPS, AM/FM, …
Full company profileGuangdong Shenglu Telecommunication Tech 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.
Guangdong Shenglu Telecommunication Tech 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 | 1.16B | 958M | 1.42B | 1.33B | 1.15B | 962M | 1.42B | 1.19B | 1.08B | 1.21B | 1.07B |
| Gross Profit | 441M | 356M | 444M | 317M | 406M | 358M | 554M | 437M | 348M | 363M | 318M |
| Operating Income | 245M | 104M | 136M | -773M | 135M | -252M | 274M | 73.1M | -758M | 106M | 85.0M |
| EBITDA | 238M | 121M | 196M | 5.41M | 101M | 86.3M | 328M | 191M | 107M | 137M | 57.1M |
| Net Income | 161M | 101M | 121M | -757M | 181M | -212M | 244M | 52.4M | -749M | 69.6M | 49.8M |
| EPS | 0.21 | 0.13 | 0.16 | -0.87 | 0.20 | -0.23 | 0.27 | 0.06 | -0.82 | 0.08 | 0.05 |
| Balance Sheet | |||||||||||
| Total Assets | 3.26B | 3.40B | 5.40B | 4.50B | 3.89B | 3.88B | 4.11B | 4.26B | 3.58B | 3.75B | 3.71B |
| Total Liabilities | 815M | 873M | 2.57B | 1.70B | 840M | 1.02B | 968M | 1.05B | 1.11B | 1.21B | 1.30B |
| Shareholders' Equity | 2.44B | 2.52B | 2.83B | 2.80B | 3.04B | 2.85B | 3.14B | 3.21B | 2.47B | 2.53B | 2.41B |
| Cash & Short-term Investments | 330M | 638M | 1.23B | 1.10B | 925M | 765M | 670M | 896M | 795M | 503M | 289M |
| Total Debt | 81.0M | 150M | 1.08B | 306M | 117M | 91.0M | 107M | 326M | 276M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 107M | 124M | -11.4M | 216M | 56.8M | -15.3M | 106M | 135M | 173M | 189M | - |
| Capital Expenditure | 81.3M | 146M | 82.6M | 202M | 77.1M | 66.1M | 72.1M | 226M | 242M | 172M | 94.7M |
| Free Cash Flow | 25.4M | -22.4M | -94.0M | 13.8M | -20.3M | -81.4M | 34.4M | -91.0M | -69.5M | 17.8M | -92.4M |
| Ratios | |||||||||||
| ROE | 6.6% | 4.0% | 4.3% | -27.0% | 5.9% | -7.4% | 7.8% | 1.6% | -30.4% | 2.8% | 2.1% |
| ROA | 4.9% | 3.0% | 2.2% | -16.8% | 4.7% | -5.5% | 5.9% | 1.2% | -20.9% | 1.9% | 1.3% |
| Net Profit Margin | 14.0% | 10.5% | 8.5% | -56.7% | 15.8% | -22.1% | 17.1% | 4.4% | -69.3% | 5.8% | 4.6% |
| Debt to Equity | 0.03x | 0.06x | 0.38x | 0.11x | 0.04x | 0.03x | 0.03x | 0.10x | 0.11x | - | - |
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.
Guangdong Shenglu Telecommunication Tech Co Ltd dividends
- Dividend yield
- 0.22%
- Forward dividend
- -
- Payout ratio
- 19.0%
- Ex-dividend date
- Jul 19, 2019
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 13.2M | 0.01 | 19.0% |
| 2024 | CNY 12.7M | 0.01 | - |
| 2023 | CNY 5.54M | 0.01 | 10.6% |
| 2022 | CNY 3.46M | 0.00 | 1.4% |
| 2021 | CNY 28.0M | 0.03 | - |
| 2020 | CNY 84.2M | 0.09 | 46.5% |
| 2019 | CNY 26.9M | 0.03 | - |
| 2018 | CNY 21.7M | 0.03 | 18.0% |
| 2017 | CNY 26.3M | 0.03 | 26.1% |
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: 17:10 on Jun 9, 2017.
Who owns Guangdong Shenglu Telecommunication Tech Co Ltd
- Insiders 13.04%
- Institutions 3.63%
- Public & others 83.33%
- Shares outstanding 915M
- Free float 860M
Guangdong Shenglu Telecommunication Tech Co Ltd company profile
- Company name
- Guangdong Shenglu Telecommunication Tech Co Ltd
- Ticker
- 002446.SHE
- ISIN
- CNE100000RF8
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jul 13, 2010
- Sector
- Technology
- Industry
- Communications Equipment
- Employees
- 1,530
- Fiscal year end
- December
- Address
- No. 4, Jinye 2nd Road, Foshan, China, 528100
- Phone
- 86 757 8774 4996
- Website
- shenglu.com
About Guangdong Shenglu Telecommunication Tech Co Ltd
Guangdong Shenglu Telecommunication Tech. Co., Ltd., together with its subsidiaries, research, develops, manufactures, and sells antennas and RF products in China and internationally. The company offers microwave antennas and accessories, including rectangular and elliptical waveguides, connectors, and microwave communication antenna accessories; base station antennas, such as multibeam, omnidirectional, sector, and small cell; and automotive antennas comprising GPS, AM/FM, and GNNS and DAB. It also provides terminal antennas, which include small cell, lampsite, wi-fi, and WiMAX; in-building antennas and components, such as ceiling-mount, wall-mount, LPDA, and Yagi antennas, as well as power dividers, couplers, and combiners; and wireless routers. The company exports its products to approximately 60 countries and regions, including Europe, the United States, Australia, and India. It serves telecom operators, communication equipment integrators, solution providers, and vertical industry users. The company was formerly known as Shenglu Antenna Ltd. and changed its name to Guangdong Shenglu Telecommunication Tech. Co., Ltd. in July 2007. Guangdong Shenglu Telecommunication Tech. Co., Ltd. was founded in 1998 and is headquartered in Foshan, China.
Guangdong Shenglu Telecommunication Tech Co Ltd management
7- Mr. Hua YangNon-Independent Chairman & GM · born 1965
- Mr. Tun LiuDeputy GM & Financial Director · born 1977
- Mr. Yibing LiDeputy GM & Non-Independent Director · born 1968
- Mr. Zhengping ZhuDeputy GM & Non-Independent Director · born 1982
- Mr. Liang ZhouDeputy General Manager · born 1987
- Mr. Wei ZengDeputy General Manager · born 1983
- Ms. Huan WeiAccounting Supervisor