002654.SHE Shenzhen Mason Technologies Co Ltd
- Market cap
- CNY 7.73B
- P/E
- 228.5x
- P/B
- 4.88x
- ROE
- 2.4%
- Dividend yield
- 0.50%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002654.SHE undervalued?
Graham numberThe Graham number of Shenzhen Mason Technologies Co Ltd cannot be estimated reliably (the estimate is too far from the market price).
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?
Shenzhen Mason Technologies Co Ltd fundamental analysis
No fundamental analysis for Shenzhen Mason Technologies Co Ltd yet.
Shenzhen Mason Technologies Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Shenzhen Mason Technologies Co Ltd
Shenzhen Mason Technologies Co.,Ltd, together with its subsidiaries, engages in the LED packaging and lighting business in China and internationally. It operates through New Generation Information Technology, Energy, and Advertising Media segments. The company offers surface mount technology (SMD) products, through-hole products (LAMP), infrared transmitter/receiver modules (IRM), and medium-to-large-size backlight products for use in consumer electronics, TV backlighting, f…
Full company profileShenzhen Mason Technologies 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.
Shenzhen Mason Technologies 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 | 1.57B | 3.04B | 4.58B | 4.18B | 4.16B | 4.41B | 3.75B | 4.24B | 4.87B | 5.56B | 4.51B |
| Gross Profit | 447M | 621M | 622M | 647M | 683M | 606M | 322M | 393M | 472M | 552M | 475M |
| Operating Income | 164M | 172M | -944M | 66.7M | 9.79M | -367M | -237M | -41.8M | 44.9M | 111M | 91.0M |
| EBITDA | 222M | 328M | 133M | 297M | 263M | 149M | -69.1M | 48.5M | 155M | 178M | 67.8M |
| Net Income | 143M | 136M | -1.13B | 65.7M | 81.0M | -372M | -171M | 45.2M | 62.7M | 32.1M | 37.5M |
| EPS | 0.18 | 0.16 | -1.29 | 0.07 | 0.09 | -0.43 | -0.20 | 0.05 | 0.07 | 0.04 | 0.04 |
| Balance Sheet | |||||||||||
| Total Assets | 3.29B | 4.31B | 4.56B | 4.60B | 4.44B | 4.15B | 4.24B | 4.01B | 4.79B | 4.76B | 4.37B |
| Total Liabilities | 1.09B | 1.67B | 2.46B | 2.48B | 2.27B | 2.33B | 2.61B | 2.49B | 3.20B | 3.14B | 2.75B |
| Shareholders' Equity | 2.17B | 2.60B | 2.01B | 2.01B | 2.03B | 1.66B | 1.49B | 1.47B | 1.54B | 1.57B | 1.58B |
| Cash & Short-term Investments | 479M | 583M | 475M | 733M | 770M | 671M | 545M | 373M | 454M | 354M | 205M |
| Total Debt | 254M | 564M | 696M | 353M | 786M | 989M | 809M | 486M | 912M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 253M | 44.3M | 94.2M | 81.7M | 172M | -181M | 227M | 37.7M | -224M | 173M | - |
| Capital Expenditure | 187M | 183M | 110M | 75.6M | 43.4M | 22.1M | 35.7M | 48.1M | 93.7M | 83.0M | 61.7M |
| Free Cash Flow | 65.8M | -139M | -15.4M | 6.09M | 129M | -203M | 192M | -10.4M | -318M | 89.7M | -185M |
| Ratios | |||||||||||
| ROE | 6.6% | 5.2% | -56.4% | 3.3% | 4.0% | -22.4% | -11.5% | 3.1% | 4.1% | 2.0% | 2.4% |
| ROA | 4.4% | 3.2% | -24.9% | 1.4% | 1.8% | -9.0% | -4.0% | 1.1% | 1.3% | 0.7% | 0.9% |
| Net Profit Margin | 9.1% | 4.5% | -24.8% | 1.6% | 1.9% | -8.4% | -4.6% | 1.1% | 1.3% | 0.6% | 0.8% |
| Debt to Equity | 0.12x | 0.22x | 0.35x | 0.18x | 0.39x | 0.60x | 0.54x | 0.33x | 0.59x | - | - |
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.
Shenzhen Mason Technologies Co Ltd dividends
- Dividend yield
- 0.50%
- Forward dividend
- 0.02 CNY
- Payout ratio
- 121.0%
- Ex-dividend date
- Jul 9, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 38.9M | 0.05 | 121.0% |
| 2024 | CNY 31.2M | 0.03 | 49.8% |
| 2023 | CNY 94.6M | 0.10 | 209.1% |
| 2022 | CNY 41.8M | 0.05 | - |
| 2021 | CNY 41.0M | 0.05 | - |
| 2020 | CNY 49.9M | 0.06 | 61.5% |
| 2019 | CNY 39.1M | 0.04 | 59.6% |
| 2018 | CNY 85.0M | 0.10 | - |
| 2017 | CNY 44.7M | 0.05 | 32.8% |
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 Mar 1, 2016.
Who owns Shenzhen Mason Technologies Co Ltd
- Insiders 30.15%
- Institutions 2.42%
- Public & others 67.43%
- Shares outstanding 845M
- Free float 721M
Shenzhen Mason Technologies Co Ltd company profile
- Company name
- Shenzhen Mason Technologies Co Ltd
- Ticker
- 002654.SHE
- ISIN
- CNE100001C48
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Feb 17, 2012
- Sector
- Technology
- Industry
- Electronic Equipment, Instruments & Components
- Employees
- 1,451
- Fiscal year end
- December
- Address
- Wanrun Building, Shenzhen, China, 518107
- Phone
- 86 755 3337 8929
- Website
- masonled.com
About Shenzhen Mason Technologies Co Ltd
Shenzhen Mason Technologies Co.,Ltd, together with its subsidiaries, engages in the LED packaging and lighting business in China and internationally. It operates through New Generation Information Technology, Energy, and Advertising Media segments. The company offers surface mount technology (SMD) products, through-hole products (LAMP), infrared transmitter/receiver modules (IRM), and medium-to-large-size backlight products for use in consumer electronics, TV backlighting, fire protection and security, automotive electronics, and smart home fields; LED lighting products, including tri-proof lights, street lights, industrial and mining lights, panel lights, tubes and advertising signage modules, light strips, vertical strip lights, blackboard lights, and classroom lights for use in rail transit lighting, municipal lighting, signage lighting, commercial lighting, and educational lighting applications; and LED lighting engineering services. It also provides semiconductor memory products comprising flash memory products, including solid-state drives and embedded flash memory; and RAM products, such as memory modules and embedded memory products. In addition, the company is involved in the provision of integrated energy services for public buildings and industrial applications; distribution of photovoltaic and wind power; internet digital marketing advertising media and television advertising content marketing services; and urban lighting integrated services. It serves enterprises, brand companies, government agencies, and public institutions. Shenzhen Mason Technologies Co.,Ltd was founded in 2002 and is headquartered in Shenzhen, China.
Shenzhen Mason Technologies Co Ltd management
6- Mr. Kai WangVP & CFO · born 1975
- Ms. Lanlan PanBoard Secretary · born 1987
- Mr. Jun WangVice President · born 1971
- Mr. Yuan LiuVice President · born 1986
- Chu Ze ZhengAccounting Supervisor
- Mr. Yu Rong PanVice President