002890.SHE Shandong Hongyu Agricultural Machinery Co Ltd
- Market cap
- CNY 2.16B
- P/E
- 212.2x
- P/B
- 3.58x
- ROE
- 2.7%
- Dividend yield
- 0.20%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002890.SHE undervalued?
Graham numberThe Graham number of Shandong Hongyu Agricultural Machinery 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?
Shandong Hongyu Agricultural Machinery Co Ltd fundamental analysis
No fundamental analysis for Shandong Hongyu Agricultural Machinery Co Ltd yet.
Shandong Hongyu Agricultural Machinery Co Ltd stock price
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About Shandong Hongyu Agricultural Machinery Co Ltd
Shandong Hongyu Precision Machinery Co., Ltd. engages in the research and development, manufacture, sale, and service of agricultural machinery parts and components in China and internationally. It offers electric control lifters, hydraulic lifts and cylinders, control valves, and casting products, as well as tractor parts. The company was formerly known as Shandong Hongyu Agricultural Machinery Co., Ltd. and changed its name to Shandong Hongyu Precision Machinery Co., Ltd. …
Full company profileShandong Hongyu Agricultural Machinery 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.
Shandong Hongyu Agricultural Machinery 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 | 282M | 283M | 239M | 282M | 406M | 410M | 398M | 364M | 322M | 300M | 329M |
| Gross Profit | 86.8M | 79.3M | 38.5M | 36.6M | 65.5M | 68.2M | 62.1M | 56.9M | 52.0M | 50.4M | 58.2M |
| Operating Income | 42.9M | 39.4M | 14.5M | 9.07M | 26.8M | 27.3M | 22.9M | 23.5M | 18.0M | 9.64M | 19.0M |
| EBITDA | 62.7M | 65.0M | 50.8M | 27.0M | 46.2M | 44.3M | 38.4M | 39.9M | 35.6M | 28.9M | 16.8M |
| Net Income | 37.8M | 40.1M | 28.1M | 8.55M | 23.4M | 24.7M | 22.6M | 21.5M | 16.9M | 10.4M | 16.2M |
| EPS | 0.30 | 0.27 | 0.16 | 0.05 | 0.14 | 0.15 | 0.13 | 0.13 | 0.10 | 0.06 | 0.10 |
| Balance Sheet | |||||||||||
| Total Assets | 407M | 604M | 638M | 641M | 654M | 711M | 739M | 737M | 737M | 747M | 738M |
| Total Liabilities | 115M | 99.3M | 108M | 100M | 103M | 145M | 159M | 147M | 143M | 147M | 130M |
| Shareholders' Equity | 291M | 505M | 530M | 541M | 552M | 566M | 581M | 590M | 594M | 600M | 608M |
| Cash & Short-term Investments | 22.1M | 103M | 38.2M | 55.7M | 244M | 240M | 272M | 250M | 258M | 47.5M | 31.8M |
| Total Debt | 35.8M | 25.8M | 802K | 20.7M | 900K | 40.1M | 39.3M | 47.6M | 50.2M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 38.7M | 21.8M | 4.12M | 18.2M | 52.9M | 4.08M | 42.7M | 15.2M | 22.9M | -42.2M | - |
| Capital Expenditure | 10.4M | 2.26M | 5.38M | 8.00M | 5.32M | 3.34M | 6.08M | 30.3M | 7.15M | 13.6M | 23.5M |
| Free Cash Flow | 28.3M | 19.5M | -1.26M | 10.2M | 47.6M | 736K | 36.6M | -15.0M | 15.8M | -55.8M | -81.5M |
| Ratios | |||||||||||
| ROE | 13.0% | 7.9% | 5.3% | 1.6% | 4.2% | 4.4% | 3.9% | 3.6% | 2.8% | 1.7% | 2.7% |
| ROA | 9.3% | 6.6% | 4.4% | 1.3% | 3.6% | 3.5% | 3.1% | 2.9% | 2.3% | 1.4% | 2.2% |
| Net Profit Margin | 13.4% | 14.1% | 11.8% | 3.0% | 5.8% | 6.0% | 5.7% | 5.9% | 5.2% | 3.5% | 4.9% |
| Debt to Equity | 0.12x | 0.05x | 0.00x | 0.04x | 0.00x | 0.07x | 0.07x | 0.08x | 0.08x | - | - |
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.
Shandong Hongyu Agricultural Machinery Co Ltd dividends
- Dividend yield
- 0.20%
- Forward dividend
- 0.03 CNY
- Payout ratio
- 42.7%
- Ex-dividend date
- Jul 2, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 4.42M | 0.03 | 42.7% |
| 2024 | CNY 13.1M | 0.08 | 77.4% |
| 2023 | CNY 13.1M | 0.08 | 60.7% |
| 2022 | CNY 9.33M | 0.05 | 41.3% |
| 2021 | CNY 9.33M | 0.05 | 37.7% |
| 2020 | CNY 13.3M | 0.08 | 56.9% |
| 2019 | CNY 13.3M | 0.08 | 155.9% |
| 2018 | CNY 4.69M | 0.03 | 16.7% |
| 2017 | CNY 1.18M | 0.01 | 3.0% |
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: 1.3:1 on Jun 28, 2024.
Who owns Shandong Hongyu Agricultural Machinery Co Ltd
- Insiders 61.38%
- Institutions 0.67%
- Public & others 37.95%
- Shares outstanding 170M
- Free float 83.0M
Shandong Hongyu Agricultural Machinery Co Ltd company profile
- Company name
- Shandong Hongyu Agricultural Machinery Co Ltd
- Ticker
- 002890.SHE
- ISIN
- CNE1000032K2
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Machinery
- Employees
- 602
- Fiscal year end
- December
- Address
- No. 3 Hongyu Road, Laizhou, China, 261400
- Phone
- 86 18 5638 09231
- Website
- en.sdhynj.net
About Shandong Hongyu Agricultural Machinery Co Ltd
Shandong Hongyu Precision Machinery Co., Ltd. engages in the research and development, manufacture, sale, and service of agricultural machinery parts and components in China and internationally. It offers electric control lifters, hydraulic lifts and cylinders, control valves, and casting products, as well as tractor parts. The company was formerly known as Shandong Hongyu Agricultural Machinery Co., Ltd. and changed its name to Shandong Hongyu Precision Machinery Co., Ltd. in November 2023. Shandong Hongyu Precision Machinery Co., Ltd. was founded in 1999 and is based in Laizhou, China.
Shandong Hongyu Agricultural Machinery Co Ltd management
9- Mr. Qiu Jie LiuChairman & General Manager · born 1964
- Mr. Tiecheng WangCFO, Deputy GM & Director · born 1980
- Ms. Chunyu LiDeputy GM & Chief Engineer · born 1966
- Mr. Zhihong LiuExecutive Vice President · born 1969
- Mr. Chenmeng XinBoard Secretary & Director · born 1989
- Mr. Lijie ZhangDeputy General Manager · born 1968
- Mr. Ping HuangDeputy General Manager · born 1979
- Mr. Cheng WangDeputy General Manager · born 1976
- Jianjie SunAccounting Supervisor