002534.SHE Xizi Clean Energy Equipment Manufacturing Co Ltd
- Market cap
- CNY 11.3B
- P/E
- 36.5x
- P/B
- 2.03x
- ROE
- 1.0%
- Dividend yield
- 1.43%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002534.SHE undervalued?
Graham number002534.SHE trades 81.5% 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?
Xizi Clean Energy Equipment Manufacturing Co Ltd fundamental analysis
No fundamental analysis for Xizi Clean Energy Equipment Manufacturing Co Ltd yet.
Xizi Clean Energy Equipment Manufacturing Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Xizi Clean Energy Equipment Manufacturing Co Ltd
Xizi Clean Energy Equipment Manufacturing Co., Ltd., together with its subsidiaries, provides energy utilization and engineering solutions in China and internationally. It offers gas turbine waste heat boiler; dry coke quenching waste heat boiler; sintering machine waste heat boilers; cement kiln waste heat boilers; hot water boilers; and power station boilers, such as circulating fluidized bed boilers, pulverized coal furnaces, and blast furnace gas. The company also provid…
Full company profileXizi Clean Energy Equipment Manufacturing 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.
Xizi Clean Energy Equipment Manufacturing 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 | 2.71B | 3.50B | 3.57B | 3.93B | 5.36B | 6.58B | 7.34B | 8.08B | 6.44B | 6.24B | 5.13B |
| Gross Profit | 684M | 888M | 886M | 807M | 1.20B | 1.40B | 1.11B | 1.21B | 1.19B | 1.19B | 1.04B |
| Operating Income | 204M | 487M | 352M | 521M | 712M | 491M | 258M | 142M | 589M | 407M | 390M |
| EBITDA | 249M | 561M | 563M | 453M | 570M | 557M | 171M | 345M | 391M | 862M | 112M |
| Net Income | 192M | 417M | 244M | 366M | 515M | 420M | 204M | 54.6M | 440M | 437M | 57.4M |
| EPS | 0.26 | 0.56 | 0.33 | 0.51 | 0.72 | 0.58 | 0.28 | 0.07 | 0.58 | 0.52 | 0.07 |
| Balance Sheet | |||||||||||
| Total Assets | 7.59B | 8.10B | 8.34B | 9.30B | 10.4B | 13.9B | 16.0B | 16.0B | 15.0B | 14.4B | 14.4B |
| Total Liabilities | 4.61B | 4.87B | 5.04B | 5.81B | 6.68B | 9.93B | 11.8B | 11.6B | 10.3B | 8.22B | 8.37B |
| Shareholders' Equity | 2.61B | 2.98B | 3.11B | 3.25B | 3.38B | 3.64B | 3.70B | 3.90B | 4.22B | 5.61B | 5.56B |
| Cash & Short-term Investments | 1.03B | 744M | 972M | 2.28B | 2.76B | 3.94B | 3.64B | 3.84B | 3.53B | 3.04B | 2.44B |
| Total Debt | 282M | 424M | 107M | 76.2M | 530M | 1.81B | 2.71B | 2.06B | 1.74B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 674M | 532M | 514M | 905M | 852M | 824M | -108M | 308M | 568M | 762M | - |
| Capital Expenditure | 94.8M | 140M | 219M | 259M | 545M | 977M | 566M | 423M | 210M | 143M | 92.3M |
| Free Cash Flow | 579M | 391M | 295M | 647M | 308M | -153M | -675M | -115M | 358M | 619M | -156M |
| Ratios | |||||||||||
| ROE | 7.3% | 14.0% | 7.8% | 11.3% | 15.2% | 11.6% | 5.5% | 1.4% | 10.4% | 7.8% | 1.0% |
| ROA | 2.5% | 5.2% | 2.9% | 3.9% | 5.0% | 3.0% | 1.3% | 0.3% | 2.9% | 3.0% | 0.4% |
| Net Profit Margin | 7.1% | 11.9% | 6.8% | 9.3% | 9.6% | 6.4% | 2.8% | 0.7% | 6.8% | 7.0% | 1.1% |
| Debt to Equity | 0.11x | 0.14x | 0.03x | 0.02x | 0.16x | 0.50x | 0.73x | 0.53x | 0.41x | - | - |
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.
Xizi Clean Energy Equipment Manufacturing Co Ltd dividends
- Dividend yield
- 1.43%
- Forward dividend
- 0.10 CNY
- Payout ratio
- 37.0%
- Ex-dividend date
- May 29, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 161M | 0.19 | 37.0% |
| 2024 | CNY 119M | 0.16 | 27.0% |
| 2023 | CNY 132M | 0.17 | 242.1% |
| 2022 | CNY 144M | 0.20 | 70.5% |
| 2021 | CNY 287M | 0.40 | 68.4% |
| 2020 | CNY 287M | 0.40 | 55.8% |
| 2019 | CNY 148M | 0.21 | 40.4% |
| 2018 | CNY 163M | 0.22 | 66.7% |
| 2017 | CNY 106M | 0.14 | 25.4% |
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 May 25, 2017.
Who owns Xizi Clean Energy Equipment Manufacturing Co Ltd
- Insiders 68.80%
- Institutions 6.91%
- Public & others 24.29%
- Shares outstanding 836M
- Free float 279M
Xizi Clean Energy Equipment Manufacturing Co Ltd company profile
- Company name
- Xizi Clean Energy Equipment Manufacturing Co Ltd
- Ticker
- 002534.SHE
- ISIN
- CNE100000YT5
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Machinery
- Employees
- 2,398
- Fiscal year end
- December
- Address
- No. 1216, Danonggang Road, Hangzhou, China, 310021
- Phone
- 86 571 8538 7519
- Website
- xizice.com
About Xizi Clean Energy Equipment Manufacturing Co Ltd
Xizi Clean Energy Equipment Manufacturing Co., Ltd., together with its subsidiaries, provides energy utilization and engineering solutions in China and internationally. It offers gas turbine waste heat boiler; dry coke quenching waste heat boiler; sintering machine waste heat boilers; cement kiln waste heat boilers; hot water boilers; and power station boilers, such as circulating fluidized bed boilers, pulverized coal furnaces, and blast furnace gas. The company also provides power station auxiliary equipment, including high- and low-pressure heaters, deaerators, and condensers; waste incineration, biomass, natural gas, wastewater, and gas boilers; sludge boilers, molten salt heat absorbers, exchangers, and storage tanks; low temperature nitrogen combustion; SCR/SNCR equipment; and nuclear power equipment comprising nuclear power conventional island auxiliaries, and civil nuclear secondary and third level equipment. In addition, it offers thermal oil heat, petrochemical, and chemical heat exchangers, as well as other heat exchangers; seawater desalination equipment devices; gasifiers; EP/EPC/PC projects; pressure vessels; spare parts, such as super heaters, economizers, and other components; and technical services, project modifications, engineering, repair, maintenance, and other services. The company was formerly known as Hangzhou Boiler Group Co.,Ltd. and changed its name to Xizi Clean Energy Equipment Manufacturing Co., Ltd. in January 2022. Xizi Clean Energy Equipment Manufacturing Co., Ltd. was founded in 1955 and is headquartered in Hangzhou, China.
Xizi Clean Energy Equipment Manufacturing Co Ltd management
6- Mr. Ke-Fei WangChairman & Secretary · born 1981
- Mr. Huiming LiuGM & Director · born 1979
- Mr. Shihua HuAssistant to the Chairman & Head of Finance · born 1971
- Mr. Shuhua LiuAccounting Supervisor & Employee Director · born 1980
- Mr. Miao YuDeputy General Manager · born 1972
- Mr. Jingfu LiDeputy General Manager · born 1984