002487.SHE Dajin Heavy Industry Corp
- Market cap
- CNY 22.7B
- P/E
- 22.1x
- P/B
- 1.55x
- ROE
- 6.5%
- Dividend yield
- 0.61%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002487.SHE undervalued?
Graham number002487.SHE trades 23.6% 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?
Dajin Heavy Industry Corp fundamental analysis
No fundamental analysis for Dajin Heavy Industry Corp yet.
Dajin Heavy Industry Corp stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Dajin Heavy Industry Corp
Dajin Heavy Industry Co.,Ltd. manufactures and sells wind and photovoltaic power generation equipment in China and internationally. The company offers monopiles, transition pieces, towers, jackets, floating foundations, and towers. It also engages in heavy marine transportation, wind and photovoltaic power generation, ship design and construction, and wind marshalling port operations. It serves offshore wind power developers and wind turbine manufacturers. Dajin Heavy Indust…
Full company profileDajin Heavy Industry Corp 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.
Dajin Heavy Industry Corp 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 | 960M | 1.02B | 970M | 1.69B | 3.33B | 4.43B | 5.11B | 4.33B | 3.78B | 6.17B | 5.82B |
| Gross Profit | 211M | 158M | 197M | 386M | 837M | 1.02B | 854M | 1.00B | 1.13B | 1.92B | 2.07B |
| Operating Income | 86.1M | 38.5M | 73.2M | 207M | 550M | 673M | 523M | 477M | 508M | 1.26B | 1.24B |
| EBITDA | 116M | 72.0M | 103M | 241M | 590M | 751M | 623M | 602M | 657M | 1.44B | 1.09B |
| Net Income | 71.4M | 41.5M | 62.7M | 176M | 465M | 577M | 450M | 425M | 474M | 1.10B | 947M |
| EPS | 0.13 | 0.08 | 0.11 | 0.32 | 0.84 | 1.04 | 0.80 | 0.67 | 0.74 | 1.73 | 1.28 |
| Balance Sheet | |||||||||||
| Total Assets | 2.57B | 2.76B | 2.95B | 3.69B | 4.66B | 6.65B | 11.3B | 10.2B | 11.6B | 14.5B | 23.2B |
| Total Liabilities | 872M | 1.02B | 1.13B | 1.68B | 2.25B | 3.65B | 4.75B | 3.31B | 4.29B | 6.21B | 8.55B |
| Shareholders' Equity | 1.70B | 1.74B | 1.81B | 2.01B | 2.41B | 3.00B | 6.51B | 6.91B | 7.27B | 8.28B | 14.6B |
| Cash & Short-term Investments | 641M | 583M | 593M | 851M | 943M | 1.31B | 4.05B | 2.96B | 2.92B | 3.51B | 7.52B |
| Total Debt | 45.0M | 136M | 111M | 110M | 1.06B | 299M | 844M | 97.9M | 502M | 1.77B | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 8.93M | -114M | 102M | 228M | 17.4M | 21.2M | 112M | 809M | 1.08B | 1.23B | - |
| Capital Expenditure | 86.1M | 36.8M | 137M | 107M | 140M | 220M | 686M | 413M | 845M | 2.20B | 3.13B |
| Free Cash Flow | -77.2M | -151M | -34.6M | 121M | -123M | -199M | -574M | 395M | 239M | -972M | -404M |
| Ratios | |||||||||||
| ROE | 4.2% | 2.4% | 3.5% | 8.7% | 19.3% | 19.3% | 6.9% | 6.1% | 6.5% | 13.3% | 6.5% |
| ROA | 2.8% | 1.5% | 2.1% | 4.8% | 10.0% | 8.7% | 4.0% | 4.2% | 4.1% | 7.6% | 4.1% |
| Net Profit Margin | 7.4% | 4.1% | 6.5% | 10.4% | 14.0% | 13.0% | 8.8% | 9.8% | 12.5% | 17.9% | 16.3% |
| Debt to Equity | 0.03x | 0.08x | 0.06x | 0.05x | 0.44x | 0.10x | 0.13x | 0.01x | 0.07x | 0.21x | - |
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.
Dajin Heavy Industry Corp dividends
- Dividend yield
- 0.61%
- Forward dividend
- 0.18 CNY
- Payout ratio
- 12.5%
- Ex-dividend date
- Sep 22, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 138M | 0.22 | 12.5% |
| 2024 | CNY 120M | 0.19 | 25.4% |
| 2023 | CNY 39.5M | 0.06 | 9.3% |
| 2022 | CNY 65.3M | 0.12 | 14.5% |
| 2021 | CNY 4.45M | 0.01 | 0.8% |
| 2020 | CNY 15.4M | 0.03 | 3.3% |
| 2019 | CNY 5.55M | 0.01 | 3.2% |
| 2018 | CNY 6.43M | 0.01 | 10.2% |
| 2017 | CNY 7.30M | 0.01 | 17.6% |
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: 15:10 on Apr 8, 2015.
Who owns Dajin Heavy Industry Corp
- Insiders 40.36%
- Institutions 9.17%
- Public & others 50.47%
- Shares outstanding 638M
- Free float 473M
Dajin Heavy Industry Corp company profile
- Company name
- Dajin Heavy Industry Corp
- Ticker
- 002487.SHE
- ISIN
- CNE100000VV7
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Oct 15, 2010
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 2,303
- Fiscal year end
- December
- Address
- No. 1102, East Tower, Beijing, China
- Phone
- 86 10 5783 7709
- Website
- dajin.cn
About Dajin Heavy Industry Corp
Dajin Heavy Industry Co.,Ltd. manufactures and sells wind and photovoltaic power generation equipment in China and internationally. The company offers monopiles, transition pieces, towers, jackets, floating foundations, and towers. It also engages in heavy marine transportation, wind and photovoltaic power generation, ship design and construction, and wind marshalling port operations. It serves offshore wind power developers and wind turbine manufacturers. Dajin Heavy Industry Co.,Ltd. was founded in 2000 and is headquartered in Beijing, China.
Dajin Heavy Industry Corp management
7- Mr. Xin JinFounder & Chairman of the Board · born 1967
- Mr. Xiaole SunGM & Executive Director · born 1981
- Ms. Aihua LiuCFO, Deputy GM & Executive Director · born 1977
- Mr. Xin LiDeputy GM, VP & Executive Director · born 1980
- Mr. Haitao JiangExecutive Director · born 1980
- Ms. Xin GeDeputy GM & Board Secretary · born 1983
- Mr. Kwok Yin Lau FCSJoint Company Secretary · born 1985