002879.SHE Chang Lan Electric Technology Co Ltd
- Market cap
- CNY 2.72B
- P/E
- 20.2x
- P/B
- 1.55x
- ROE
- 1.4%
- Dividend yield
- 1.36%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002879.SHE undervalued?
Graham number002879.SHE trades 18.0% 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?
Chang Lan Electric Technology Co Ltd fundamental analysis
No fundamental analysis for Chang Lan Electric Technology Co Ltd yet.
Chang Lan Electric Technology Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Chang Lan Electric Technology Co Ltd
Chang Lan Technology Group Co., Ltd. engages in the research and development, production, sale, and service of power cable accessories and supporting products in China and internationally. It offers AC and DC cable accessories; power cable accessories, power equipment, electrical materials, intelligent online monitoring, electromechanical facilities, and transformer insulating oil, etc.; ultra-high voltage and high voltage cable accessories, medium and low voltage cable acce…
Full company profileChang Lan Electric Technology 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.
Chang Lan Electric Technology 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 | 547M | 617M | 695M | 853M | 941M | 1.06B | 989M | 1.04B | 1.24B | 1.43B | 1.42B |
| Gross Profit | 300M | 337M | 372M | 445M | 507M | 517M | 436M | 450M | 450M | 406M | 384M |
| Operating Income | 124M | 140M | 146M | 165M | 184M | 153M | 22.4M | 75.9M | 89.9M | 170M | 40.9M |
| EBITDA | 152M | 160M | 189M | 186M | 208M | 183M | 55.7M | 113M | 151M | 246M | 48.9M |
| Net Income | 115M | 121M | 128M | 146M | 162M | 140M | 29.7M | 72.1M | 74.7M | 134M | 23.0M |
| EPS | 0.80 | 0.70 | 0.66 | 0.77 | 0.90 | 0.78 | 0.15 | 0.38 | 0.41 | 0.69 | 0.12 |
| Balance Sheet | |||||||||||
| Total Assets | 1.01B | 1.69B | 1.82B | 1.82B | 1.96B | 2.13B | 2.22B | 2.32B | 2.57B | 2.71B | 2.37B |
| Total Liabilities | 295M | 291M | 316M | 356M | 429M | 491M | 534M | 551M | 654M | 748M | 474M |
| Shareholders' Equity | 716M | 1.40B | 1.50B | 1.46B | 1.54B | 1.64B | 1.69B | 1.77B | 1.72B | 1.73B | 1.66B |
| Cash & Short-term Investments | 294M | 890M | 916M | 813M | 779M | 811M | 710M | 753M | 500M | 708M | 368M |
| Total Debt | - | - | - | - | 3.66M | 5.09M | 4.86M | 1.43M | 71.6M | 356M | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 112M | 54.5M | 60.1M | 156M | 80.8M | 101M | 37.2M | 209M | 127M | 140M | - |
| Capital Expenditure | 12.2M | 25.0M | 22.1M | 75.4M | 72.0M | 77.4M | 188M | 135M | 74.5M | 70.4M | 33.7M |
| Free Cash Flow | 99.8M | 29.5M | 38.0M | 80.3M | 8.82M | 23.9M | -150M | 74.4M | 52.5M | 69.4M | -54.3M |
| Ratios | |||||||||||
| ROE | 16.1% | 8.7% | 8.5% | 10.0% | 10.5% | 8.6% | 1.8% | 4.1% | 4.3% | 7.7% | 1.4% |
| ROA | 11.4% | 7.2% | 7.0% | 8.0% | 8.2% | 6.6% | 1.3% | 3.1% | 2.9% | 4.9% | 1.0% |
| Net Profit Margin | 21.1% | 19.6% | 18.5% | 17.1% | 17.2% | 13.3% | 3.0% | 6.9% | 6.0% | 9.3% | 1.6% |
| Debt to Equity | - | - | - | - | 0.00x | 0.00x | 0.00x | 0.00x | 0.04x | 0.21x | - |
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.
Chang Lan Electric Technology Co Ltd dividends
- Dividend yield
- 1.36%
- Forward dividend
- 0.50 CNY
- Payout ratio
- 27.7%
- Ex-dividend date
- Apr 21, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 37.0M | 0.19 | 27.7% |
| 2024 | CNY 47.9M | 0.26 | 64.1% |
| 2023 | CNY 29.0M | 0.15 | 40.2% |
| 2022 | CNY 41.6M | 0.21 | 140.0% |
| 2021 | CNY 41.3M | 0.23 | 29.4% |
| 2020 | CNY 37.7M | 0.21 | 23.4% |
| 2019 | CNY 38.6M | 0.20 | 26.5% |
| 2018 | CNY 20.7M | 0.11 | 16.1% |
| 2017 | CNY 12.9M | 0.07 | 10.6% |
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: 1.4:1 on Jun 4, 2018.
Who owns Chang Lan Electric Technology Co Ltd
- Insiders 45.62%
- Institutions 2.65%
- Public & others 51.72%
- Shares outstanding 193M
- Free float 100M
Chang Lan Electric Technology Co Ltd company profile
- Company name
- Chang Lan Electric Technology Co Ltd
- Ticker
- 002879.SHE
- ISIN
- CNE100002Q66
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 1,681
- Fiscal year end
- December
- Address
- No.223 Tongzipo West Road, Changsha, China, 410205
- Phone
- 86 731 8554 1801
- Website
- csdlfj.com
About Chang Lan Electric Technology Co Ltd
Chang Lan Technology Group Co., Ltd. engages in the research and development, production, sale, and service of power cable accessories and supporting products in China and internationally. It offers AC and DC cable accessories; power cable accessories, power equipment, electrical materials, intelligent online monitoring, electromechanical facilities, and transformer insulating oil, etc.; ultra-high voltage and high voltage cable accessories, medium and low voltage cable accessories, power fittings, electrical equipment, and complete cable laying equipment; and electrical materials, online monitoring platforms for power equipment, mineral insulating oil, natural ester insulating oil, and synthetic ester insulating oil. The company also provides cable terminals and connectors; auxiliary materials; pre mold cable accessories; separable elbow connector; grounding device; and tools for installation and cable laying. The company's products are used in power grid, power plant, subway, new energy, railway, and nuclear power industries. The company was formerly known as Chang Lan Electric Technology Co., Ltd. and changed its name to Chang Lan Technology Group Co., Ltd. in January 2024. Chang Lan Technology Group Co., Ltd. was founded in 1958 and is based in Changsha, China.
Chang Lan Electric Technology Co Ltd management
6- Mr. Shi Lin XiePresident & Director · born 1971
- Mr. Ping HuangCFO, Secretary & Non-Independent Director · born 1975
- Mr. Bing LuoVP & Director · born 1968
- Pengcheng LiChief Accountant
- Ms. Huali TangDeputy GM of Pressure Division · born 1974
- Mr. Yang LongDirector of Installation Service Center · born 1981