002545.SHE Qingdao East Steel Tower Stock Co Ltd
- Market cap
- CNY 14.1B
- P/E
- 9.0x
- P/B
- 1.34x
- ROE
- 15.1%
- Dividend yield
- 4.26%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002545.SHE undervalued?
Graham number002545.SHE trades 27.0% 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?
Qingdao East Steel Tower Stock Co Ltd fundamental analysis
No fundamental analysis for Qingdao East Steel Tower Stock Co Ltd yet.
Qingdao East Steel Tower Stock Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Qingdao East Steel Tower Stock Co Ltd
Qingdao East Steel Tower Stock Co.Ltd manufactures and markets steel structure products in the People's Republic of China. The company offers power steel structures, high rise radio and television transmission towers, power transmission and transformation towers, angle steel towers, steel pipe towers, steel pipe poles, substation support structures, steel components, and hot-dip galvanizing and anti-corrosion services; wind power equipment, clean energy, petrochemicals, mari…
Full company profileQingdao East Steel Tower Stock 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.
Qingdao East Steel Tower Stock 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 | 1.66B | 2.05B | 2.20B | 2.61B | 2.65B | 2.78B | 3.62B | 4.00B | 4.20B | 4.88B | 5.38B |
| Gross Profit | 400M | 676M | 832M | 699M | 515M | 713M | 1.30B | 1.08B | 1.14B | 1.97B | 2.45B |
| Operating Income | 156M | 383M | 587M | 379M | 337M | 503M | 1.08B | 817M | 685M | 1.45B | 1.87B |
| EBITDA | 210M | 564M | 675M | 504M | 554M | 712M | 1.30B | 1.14B | 1.04B | 1.93B | 1.98B |
| Net Income | 136M | 251M | 446M | 305M | 309M | 404M | 825M | 634M | 564M | 1.21B | 1.60B |
| EPS | 0.16 | 0.19 | 0.35 | 0.24 | 0.25 | 0.32 | 0.66 | 0.51 | 0.45 | 0.97 | 1.28 |
| Balance Sheet | |||||||||||
| Total Assets | 10.8B | 11.0B | 11.4B | 11.8B | 11.8B | 11.7B | 13.0B | 13.0B | 13.6B | 14.1B | 15.1B |
| Total Liabilities | 3.92B | 3.92B | 3.88B | 4.09B | 3.94B | 3.74B | 4.57B | 4.41B | 4.66B | 4.35B | 4.50B |
| Shareholders' Equity | 6.85B | 7.03B | 7.46B | 7.70B | 7.82B | 7.94B | 8.46B | 8.57B | 8.90B | 9.76B | 10.6B |
| Cash & Short-term Investments | 759M | 600M | 931M | 1.34B | 2.12B | 2.03B | 2.74B | 2.77B | 3.67B | 3.63B | 4.15B |
| Total Debt | 1.14B | 1.02B | 1.05B | 1.18B | 1.59B | 1.45B | 2.07B | 1.28B | 1.66B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 424M | 239M | 577M | 413M | 227M | 408M | 323M | 1.08B | 1.15B | 2.39B | - |
| Capital Expenditure | 130M | 397M | 292M | 178M | 146M | 176M | 229M | 181M | 413M | 265M | 231M |
| Free Cash Flow | 294M | -162M | 285M | 235M | 80.9M | 232M | 94.8M | 902M | 734M | 2.12B | 1.35B |
| Ratios | |||||||||||
| ROE | 2.0% | 3.6% | 6.0% | 4.0% | 3.9% | 5.1% | 9.7% | 7.4% | 6.3% | 12.4% | 15.1% |
| ROA | 1.3% | 2.3% | 3.9% | 2.6% | 2.6% | 3.5% | 6.3% | 4.9% | 4.2% | 8.5% | 10.6% |
| Net Profit Margin | 8.2% | 12.3% | 20.3% | 11.7% | 11.7% | 14.5% | 22.8% | 15.8% | 13.4% | 24.7% | 29.6% |
| Debt to Equity | 0.17x | 0.14x | 0.14x | 0.15x | 0.20x | 0.18x | 0.25x | 0.15x | 0.19x | - | - |
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.
Qingdao East Steel Tower Stock Co Ltd dividends
- Dividend yield
- 4.26%
- Forward dividend
- 0.40 CNY
- Payout ratio
- 50.0%
- Ex-dividend date
- Oct 23, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 603M | 0.48 | 50.0% |
| 2024 | CNY 277M | 0.22 | 49.2% |
| 2023 | CNY 557M | 0.45 | 87.9% |
| 2022 | CNY 311M | 0.25 | 37.7% |
| 2021 | CNY 124M | 0.10 | 30.8% |
| 2020 | CNY 99.5M | 0.08 | 32.2% |
| 2019 | CNY 151M | 0.12 | 49.7% |
| 2018 | CNY 156M | 0.12 | 34.9% |
| 2017 | CNY 67.7M | 0.05 | 27.0% |
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: 30:10 on Oct 19, 2015.
Who owns Qingdao East Steel Tower Stock Co Ltd
- Insiders 65.06%
- Institutions 7.30%
- Public & others 27.64%
- Shares outstanding 1.24B
- Free float 499M
Qingdao East Steel Tower Stock Co Ltd company profile
- Company name
- Qingdao East Steel Tower Stock Co Ltd
- Ticker
- 002545.SHE
- ISIN
- CNE100000ZX4
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Feb 11, 2011
- Sector
- Basic Materials
- Industry
- Metals & Mining
- Employees
- 1,890
- Fiscal year end
- December
- Address
- No. 318, Guangzhou North Road, Jiaozhou, China, 266300
- Phone
- 86 532 8805 6092
- Website
- qddftt.cn
About Qingdao East Steel Tower Stock Co Ltd
Qingdao East Steel Tower Stock Co.Ltd manufactures and markets steel structure products in the People's Republic of China. The company offers power steel structures, high rise radio and television transmission towers, power transmission and transformation towers, angle steel towers, steel pipe towers, steel pipe poles, substation support structures, steel components, and hot-dip galvanizing and anti-corrosion services; wind power equipment, clean energy, petrochemicals, marine engineering equipment, high-end civil construction equipment, and public steel structure buildings used in the fields of power, radio and television, broadcasting, petrochemicals, communications, and construction. It also operates in potash fertilizer industry to produce potassium sulphate and chloride, compound fertilizers, and mixed fertilizers. Qingdao East Steel Tower Stock Co.Ltd was founded in 1982 and is headquartered in Jiaozhou, the People's Republic of China.
Qingdao East Steel Tower Stock Co Ltd management
7- Ms. Zhen Ru HanGeneral Manager · born 1967
- Mr. Xiaofan ZhouCFO & Accounting Supervisor · born 1979
- Ms. Yanan XuDeputy GM & Non-Independent Director · born 1972
- Ms. Jinping YangDeputy GM & Non-Independent Director · born 1981
- Mr. Liangjun HeSecretary of the Board & Non-Independent Director · born 1973
- Mr. Yanbang QiuDeputy General Manager · born 1991
- Mr. De Quan WangDeputy General Manager · born 1975