002600.SHE Lingyi iTech Guangdong Co
- Market cap
- CNY 92.8B
- P/E
- 37.9x
- P/B
- 2.84x
- ROE
- 7.9%
- Dividend yield
- 0.31%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002600.SHE undervalued?
Graham number002600.SHE trades 118.5% 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?
Lingyi iTech Guangdong Co fundamental analysis
No fundamental analysis for Lingyi iTech Guangdong Co yet.
Lingyi iTech Guangdong Co stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Lingyi iTech Guangdong Co
Lingyi iTech (Guangdong) Company, through its subsidiaries, engages in manufacturing and sales of electronic equipment, automotive and low-altitude economy products in China, and internationally. The company provides Heat dissipation and power supply products made of stainless steel, composite materials, aerospace-grade titanium, and 3D dual heat sources, and wide range of materials and forms; battery power solutions, such as travel, game, and standard adapters; CNC machinin…
Full company profileLingyi iTech Guangdong Co 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.
Lingyi iTech Guangdong Co 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 | 12.1B | 9.64B | 22.5B | 23.9B | 28.1B | 30.4B | 34.5B | 34.1B | 44.2B | 51.3B | 54.2B |
| Gross Profit | 1.60B | 3.17B | 4.30B | 5.19B | 6.05B | 4.57B | 6.79B | 6.38B | 6.37B | 7.57B | 9.93B |
| Operating Income | 348M | 1.98B | -604M | 2.22B | 2.46B | 1.08B | 2.05B | 2.55B | 2.21B | 2.92B | 4.32B |
| EBITDA | 1.21B | 2.37B | 1.46B | 3.35B | 3.79B | 2.45B | 4.36B | 4.35B | 4.10B | 5.60B | 3.36B |
| Net Income | 234M | 1.68B | -680M | 1.89B | 2.27B | 1.18B | 1.60B | 2.05B | 1.75B | 2.29B | 2.56B |
| EPS | 0.11 | 0.38 | -0.10 | 0.28 | 0.32 | 0.17 | 0.23 | 0.29 | 0.25 | 0.32 | 0.31 |
| Balance Sheet | |||||||||||
| Total Assets | 12.7B | 9.66B | 22.1B | 27.3B | 30.1B | 35.5B | 36.2B | 37.2B | 45.2B | 58.4B | 66.7B |
| Total Liabilities | 7.37B | 5.54B | 12.2B | 15.7B | 15.6B | 19.7B | 18.9B | 18.9B | 25.3B | 33.4B | 33.8B |
| Shareholders' Equity | 5.25B | 4.11B | 9.84B | 11.6B | 14.5B | 15.8B | 17.2B | 18.3B | 19.8B | 24.0B | 32.4B |
| Cash & Short-term Investments | 2.12B | 709M | 2.31B | 4.50B | 4.51B | 3.07B | 3.93B | 3.09B | 6.58B | 7.79B | 8.94B |
| Total Debt | 2.33B | 1.21B | 3.51B | 5.89B | 5.78B | 8.22B | 6.38B | 5.96B | 9.34B | 16.6B | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | -44.4M | 881M | 1.53B | 3.00B | 2.47B | 1.06B | 4.12B | 5.30B | 4.02B | 4.48B | - |
| Capital Expenditure | 709M | 994M | 1.46B | 1.55B | 2.82B | 5.47B | 2.22B | 2.28B | 3.62B | 4.83B | 4.75B |
| Free Cash Flow | -753M | -410M | 71.8M | 1.45B | -355M | -4.41B | 1.91B | 3.01B | 399M | -351M | -1.80B |
| Ratios | |||||||||||
| ROE | 4.5% | 41.0% | -6.9% | 16.3% | 15.7% | 7.5% | 9.3% | 11.2% | 8.9% | 9.5% | 7.9% |
| ROA | 1.8% | 17.4% | -3.1% | 6.9% | 7.5% | 3.3% | 4.4% | 5.5% | 3.9% | 3.9% | 3.8% |
| Net Profit Margin | 1.9% | 17.5% | -3.0% | 7.9% | 8.1% | 3.9% | 4.6% | 6.0% | 4.0% | 4.5% | 4.7% |
| Debt to Equity | 0.44x | 0.30x | 0.36x | 0.51x | 0.40x | 0.52x | 0.37x | 0.33x | 0.47x | 0.69x | - |
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.
Lingyi iTech Guangdong Co dividends
- Dividend yield
- 0.31%
- Forward dividend
- 0.04 CNY
- Payout ratio
- 12.5%
- Ex-dividend date
- Sep 8, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 286M | 0.04 | 12.5% |
| 2024 | CNY 454M | 0.06 | 25.9% |
| 2023 | CNY 1.02B | 0.14 | 49.6% |
| 2022 | CNY 291M | 0.04 | 18.2% |
| 2021 | CNY 272M | 0.04 | 23.0% |
| 2020 | CNY 1.41B | 0.20 | 62.1% |
| 2019 | CNY 220M | 0.03 | 11.6% |
| 2018 | CNY 282M | 0.04 | - |
| 2017 | CNY 324M | 0.07 | 19.3% |
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: 20:10 on Jul 17, 2017.
Who owns Lingyi iTech Guangdong Co
- Insiders 59.58%
- Institutions 4.36%
- Public & others 36.06%
- Shares outstanding 7.36B
- Free float 3.22B
Lingyi iTech Guangdong Co company profile
- Company name
- Lingyi iTech Guangdong Co
- Ticker
- 002600.SHE
- ISIN
- CNE1000015L5
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jul 15, 2011
- Sector
- Technology
- Industry
- Electrical Equipment
- Employees
- 100,434
- Fiscal year end
- December
- Address
- No. 8, Longwan Road, Jiangmen, China, 529000
- Phone
- 86 75 0350 6078
- Website
- lingyiitech.com
About Lingyi iTech Guangdong Co
Lingyi iTech (Guangdong) Company, through its subsidiaries, engages in manufacturing and sales of electronic equipment, automotive and low-altitude economy products in China, and internationally. The company provides Heat dissipation and power supply products made of stainless steel, composite materials, aerospace-grade titanium, and 3D dual heat sources, and wide range of materials and forms; battery power solutions, such as travel, game, and standard adapters; CNC machining, 3D printing, powder metallurgy (MIM), and die-casting manufacturing services covering the structural components for robots; joint modules, high-power charging, heat dissipation modules, servo motors, drivers, reducers, design, and assembly services for the main body, and dexterous hands of robots. It also offers server liquid cooling quick-connect connectors (UQD), liquid cooling manifolds, single-phase liquid cooling modules (server liquid cooling plates - liquid cooling plate and optical module cold plates), phase change liquid cooling modules, server heat sinks (VC and 3DVC), as well as busbars and server racks; automotive transmission systems, interior and exterior components, and core components of new energy batteries; and carbon fiber aircraft rotating propeller blades and high-power charging systems, etc. The company also involved in the development, production, sales and related services of the hardware for AI mobile phones and foldable screen phones, AI PCs and tablets, imaging display, materials, battery power supply, thermal management (heat dissipation), AI glasses and XR wearable devices, high-end assembly and other, sensors, and related modules, robots, etc. The company was founded in 2006 and is headquartered in Jiangmen, China. Lingyi iTech (Guangdong) Company is a subsidiary of Lingsheng Investment (Jiangsu) Co., Ltd.
Lingyi iTech Guangdong Co management
6- Ms. Fangqin ZengGM & Executive Chairman · born 1965
- Mr. Shuangyi JiaChief Human Resources Officer & Executive Vice Chairman of the Board · born 1978
- Mr. Tao WangCFO & Financial Controller · born 1984
- Ms. Jinrong HuangAccounting Supervisor & Executive Director · born 1980
- Mr. Rui GuoDeputy GM & Joint Secretary · born 1983
- Ms. Wing Yan ChanJoint Company Secretary