002592.SHE Nanning Baling Technology
- Market cap
- CNY 1.54B
- P/E
- 20.1x
- P/B
- 1.60x
- ROE
- 7.4%
- Dividend yield
- 3.64%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002592.SHE undervalued?
Graham number002592.SHE trades 19.6% 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?
Nanning Baling Technology fundamental analysis
No fundamental analysis for Nanning Baling Technology yet.
Nanning Baling Technology stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Nanning Baling Technology
Nanning Baling Technology Co., Ltd. engages in the research, development, production, and sale of automotive parts in Mainland China, Indonesia, and Europe. It offers automotive thermal management products, including high-temperature and low-temperature radiators, battery coolers, intercoolers, oil coolers, condensers, HVAC systems, battery coolers, battery liquid cooling plates, motor and electronic control radiators, motor IGBT water radiators, DHT oil coolers, and thermal…
Full company profileNanning Baling Technology 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.
Nanning Baling Technology 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 | 878M | 775M | 710M | 751M | 602M | 606M | 552M | 543M | 659M | 712M | 824M |
| Gross Profit | 156M | 149M | 80.5M | 108M | 105M | 75.9M | 109M | 118M | 137M | 158M | 191M |
| Operating Income | 138M | 149M | 14.5M | -377M | -901M | -54.6M | 7.95M | 97.9M | 79.7M | 52.6M | 92.1M |
| EBITDA | 184M | 191M | 96.1M | -318M | -815M | -34.4M | 59.8M | 145M | 116M | 151M | 72.9M |
| Net Income | 128M | 135M | 7.27M | -406M | -685M | 16.1M | 13.5M | 105M | 70.0M | 117M | 71.0M |
| EPS | 0.45 | 0.48 | 0.03 | -1.53 | -2.57 | 0.06 | 0.05 | 0.40 | 0.26 | 0.41 | 0.25 |
| Balance Sheet | |||||||||||
| Total Assets | 2.47B | 2.57B | 2.40B | 2.71B | 1.47B | 1.21B | 1.19B | 1.12B | 1.13B | 1.31B | 1.34B |
| Total Liabilities | 400M | 438M | 536M | 962M | 698M | 550M | 478M | 305M | 250M | 373M | 376M |
| Shareholders' Equity | 2.07B | 2.14B | 1.86B | 1.45B | 704M | 715M | 766M | 813M | 881M | 937M | 961M |
| Cash & Short-term Investments | 642M | 106M | 552M | 348M | 32.0M | 152M | 173M | 151M | 106M | 130M | 37.4M |
| Total Debt | 100M | 134M | 230M | 452M | 247M | 124M | 117M | 41.1M | 28.4M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 133M | 54.3M | 94.0M | 105M | -205M | 27.7M | 62.9M | 22.7M | 71.0M | 34.6M | - |
| Capital Expenditure | 183M | 91.0M | 13.8M | 13.3M | 4.94M | 5.91M | 3.91M | 8.29M | 5.79M | 37.4M | 33.8M |
| Free Cash Flow | -50.9M | -36.7M | 80.2M | 91.9M | -210M | 21.8M | 59.0M | 14.4M | 65.2M | -2.75M | 14.6M |
| Ratios | |||||||||||
| ROE | 6.2% | 6.3% | 0.4% | -27.9% | -97.3% | 2.3% | 1.8% | 13.0% | 7.9% | 12.5% | 7.4% |
| ROA | 5.2% | 5.2% | 0.3% | -15.0% | -46.7% | 1.3% | 1.1% | 9.4% | 6.2% | 8.9% | 5.3% |
| Net Profit Margin | 14.6% | 17.4% | 1.0% | -54.1% | -113.9% | 2.7% | 2.4% | 19.4% | 10.6% | 16.4% | 8.6% |
| Debt to Equity | 0.05x | 0.06x | 0.12x | 0.31x | 0.35x | 0.17x | 0.15x | 0.05x | 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.
Nanning Baling Technology dividends
- Dividend yield
- 3.64%
- Forward dividend
- 0.35 CNY
- Payout ratio
- 48.0%
- Ex-dividend date
- Sep 18, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 56.1M | 0.20 | 48.0% |
| 2024 | CNY 1.03M | 0.00 | 1.5% |
| 2023 | CNY 2.67M | 0.01 | 2.5% |
| 2022 | CNY 3.59M | 0.01 | 26.6% |
| 2021 | CNY 7.67M | 0.03 | 47.6% |
| 2020 | CNY 21.3M | 0.08 | - |
| 2019 | CNY 17.3M | 0.06 | - |
| 2018 | CNY 79.5M | 0.33 | 1,092.8% |
| 2017 | CNY 76.0M | 0.27 | 56.3% |
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: 1.8:1 on Jun 13, 2013.
Who owns Nanning Baling Technology
- Insiders 48.08%
- Institutions 0.00%
- Public & others 51.92%
- Shares outstanding 284M
- Free float 132M
Nanning Baling Technology company profile
- Company name
- Nanning Baling Technology
- Ticker
- 002592.SHE
- ISIN
- CNE100001930
- Exchange
- Shenzhen Stock Exchange
- Sector
- Consumer Cyclical
- Industry
- Machinery
- Employees
- 996
- Fiscal year end
- December
- Address
- No. 21, East Section of Gaoxin Avenue, Nanning, China, 530007
- Phone
- 86 77 1321 6598
- Website
- baling.com.cn
About Nanning Baling Technology
Nanning Baling Technology Co., Ltd. engages in the research, development, production, and sale of automotive parts in Mainland China, Indonesia, and Europe. It offers automotive thermal management products, including high-temperature and low-temperature radiators, battery coolers, intercoolers, oil coolers, condensers, HVAC systems, battery coolers, battery liquid cooling plates, motor and electronic control radiators, motor IGBT water radiators, DHT oil coolers, and thermal management modules; and automotive exterior parts, including bumpers and tailgate trim panels. The company serves automotive, construction machinery, defense equipment, and computer markets. Nanning Baling Technology Co., Ltd. was founded in 2001 and is based in Nanning, China.
Nanning Baling Technology management
6- Ms. Yu GuChairman & CEO · born 1954
- Ms. Yongchun LinCFO & Secretary of the Board · born 1974
- Mr. Jingyu YangExecutive VP & Non-Independent Director · born 1980
- Mr. Yun Hai WeiChief Engineer · born 1978
- Ms. Yuan HuangDeputy General Manager · born 1969
- Jinrui TangAccounting Supervisor