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002850.SHE Shenzhen Kedali Industry Co Ltd
- Market cap
- CNY 46.2B
- P/E
- 21.5x
- P/B
- 2.81x
- ROE
- 13.0%
- Dividend yield
- 1.18%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002850.SHE undervalued?
Graham number002850.SHE trades 63.7% 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?
Shenzhen Kedali Industry Co Ltd fundamental analysis
No fundamental analysis for Shenzhen Kedali Industry Co Ltd yet.
Shenzhen Kedali Industry Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Shenzhen Kedali Industry Co Ltd
Shenzhen Kedali Industry Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of precision battery structural components and automotive structural components parts in China and internationally. It offers prismatic can, mobile battery aluminum and cylindrical can, mobile battery prismatic can, power battery, precision structural part of lithium-ion battery, aluminum terminal, Cu-Al compound terminal, cylindrical explosion-proo…
Full company profileShenzhen Kedali Industry 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 Kedali Industry 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 | 1.46B | 1.45B | 2.00B | 2.23B | 1.99B | 4.47B | 8.65B | 10.5B | 12.0B | 15.1B | 20.0B |
| Gross Profit | 440M | 332M | 383M | 609M | 513M | 1.14B | 2.01B | 2.41B | 2.89B | 3.42B | 4.16B |
| Operating Income | 269M | 200M | 99.6M | 273M | 200M | 608M | 1.03B | 1.37B | 1.72B | 2.19B | 2.46B |
| EBITDA | 338M | 220M | 217M | 466M | 407M | 874M | 1.47B | 2.06B | 2.57B | 3.14B | 2.31B |
| Net Income | 233M | 166M | 82.3M | 237M | 179M | 542M | 900M | 1.20B | 1.47B | 1.76B | 2.04B |
| EPS | 1.48 | 0.82 | 0.39 | 1.13 | 0.84 | 2.33 | 3.81 | 4.79 | 5.44 | 6.38 | 7.11 |
| Balance Sheet | |||||||||||
| Total Assets | 1.72B | 3.03B | 3.54B | 3.77B | 5.49B | 7.33B | 14.2B | 17.2B | 19.1B | 23.0B | 26.8B |
| Total Liabilities | 726M | 704M | 1.17B | 1.21B | 1.42B | 2.69B | 8.36B | 6.71B | 7.37B | 9.15B | 11.1B |
| Shareholders' Equity | 930M | 2.26B | 2.30B | 2.49B | 3.99B | 4.55B | 5.73B | 10.5B | 11.6B | 13.4B | 15.6B |
| Cash & Short-term Investments | 234M | 498M | 321M | 269M | 1.32B | 817M | 2.24B | 2.50B | 2.74B | 3.95B | 2.81B |
| Total Debt | 223M | 14.0M | 200M | 260M | 352M | 549M | 3.42B | 1.95B | 1.49B | 5.93B | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 312M | -68.4M | 171M | 454M | 83.7M | 335M | 438M | 748M | 2.15B | 1.92B | - |
| Capital Expenditure | 323M | 633M | 519M | 511M | 452M | 1.19B | 2.38B | 2.41B | 1.24B | 755M | 2.02B |
| Free Cash Flow | -10.9M | -707M | -349M | -57.3M | -369M | -855M | -1.94B | -1.66B | 905M | 1.17B | 245M |
| Ratios | |||||||||||
| ROE | 25.0% | 7.4% | 3.6% | 9.5% | 4.5% | 11.9% | 15.7% | 11.4% | 12.6% | 13.2% | 13.0% |
| ROA | 13.5% | 5.5% | 2.3% | 6.3% | 3.3% | 7.4% | 6.3% | 7.0% | 7.7% | 7.7% | 7.6% |
| Net Profit Margin | 16.0% | 11.4% | 4.1% | 10.6% | 9.0% | 12.1% | 10.4% | 11.4% | 12.2% | 11.6% | 10.2% |
| Debt to Equity | 0.24x | 0.01x | 0.09x | 0.10x | 0.09x | 0.12x | 0.60x | 0.19x | 0.13x | 0.44x | - |
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 Kedali Industry Co Ltd dividends
- Dividend yield
- 1.18%
- Forward dividend
- 2.50 CNY
- Payout ratio
- 31.0%
- Ex-dividend date
- May 29, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 547M | 1.98 | 31.0% |
| 2024 | CNY 425M | 1.57 | 28.8% |
| 2023 | CNY 70.4M | 0.28 | 5.9% |
| 2022 | CNY 46.6M | 0.20 | 5.2% |
| 2021 | CNY 46.6M | 0.20 | 8.6% |
| 2020 | CNY 42.0M | 0.20 | 23.5% |
| 2019 | CNY 42.0M | 0.20 | 17.7% |
| 2018 | CNY 48.5M | 0.23 | 58.9% |
| 2017 | CNY 78.4M | 0.39 | 47.2% |
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: 1.5:1 on May 25, 2018.
Who owns Shenzhen Kedali Industry Co Ltd
- Insiders 36.20%
- Institutions 22.29%
- Public & others 41.51%
- Shares outstanding 286M
- Free float 184M
Shenzhen Kedali Industry Co Ltd company profile
- Company name
- Shenzhen Kedali Industry Co Ltd
- Ticker
- 002850.SHE
- ISIN
- CNE100002JW6
- Exchange
- Shenzhen Stock Exchange
- Sector
- Technology
- Industry
- Electronic Equipment, Instruments & Components
- Employees
- 16,669
- Fiscal year end
- December
- Address
- Zhongjian Technology Factory, Shenzhen, China, 518000
- Phone
- 86 75 5611 86666
- Website
- kedali.com.cn
About Shenzhen Kedali Industry Co Ltd
Shenzhen Kedali Industry Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of precision battery structural components and automotive structural components parts in China and internationally. It offers prismatic can, mobile battery aluminum and cylindrical can, mobile battery prismatic can, power battery, precision structural part of lithium-ion battery, aluminum terminal, Cu-Al compound terminal, cylindrical explosion-proof lithium battery lid/cover/cap, busbar, copper busbar, and mobile batter prismatic can, as well as cylindrical collector, prismatic, and mobile lid/cover/cap. The company also provides auto parts, auto seats, armature, automotive central control instrument, EPB electric motor assembly, and auto door handle; and Cu-Al busbar, EV high power connector, electric railroad module, EV motor terminal block, and PV, EV, and HEV inverter module. Its products are used in various industries, such as automobiles and new energy vehicles, portable communications and electronic products, electric power tools, and energy storage power stations. Shenzhen Kedali Industry Co., Ltd. was founded in 1996 and is headquartered in Shenzhen, China.
Shenzhen Kedali Industry Co Ltd management
8- Mr. Jianju LiMD, GM & Director · born 1976
- Mr. Huifeng ShiCFO, Director & Deputy GM · born 1978
- Mr. Shanhua ZhaoVice President · born 1977
- Ms. Lijiao LuoDeputy GM & Secretary of the Board · born 1984
- Mr. Xiaobo ChenVice President · born 1976
- Mr. Zhengli XiongVice President · born 1974
- Mr. Yujun NieVP & GM of the Third Business Division · born 1968
- Quan LiAccounting Supervisor