002921.SHE Shandong Liancheng Precision Manufacturing Co Ltd Class A
- Market cap
- CNY 2.40B
- P/E
- -
- P/B
- 1.85x
- ROE
- 0.3%
- Dividend yield
- 0.55%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002921.SHE undervalued?
Graham numberThe Graham number of Shandong Liancheng Precision Manufacturing Co Ltd Class A cannot be estimated reliably (it needs positive earnings and book value).
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 Liancheng Precision Manufacturing Co Ltd Class A fundamental analysis
No fundamental analysis for Shandong Liancheng Precision Manufacturing Co Ltd Class A yet.
Shandong Liancheng Precision Manufacturing Co Ltd Class A stock price
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About Shandong Liancheng Precision Manufacturing Co Ltd Class A
Shandong Liancheng Precision Manufacturing Co., Ltd engages in the research, design, manufacture, and sales of various precision mechanical parts in China. The company offers HVAC products, including compressor parts; hydraulic parts, such as motor housing, pump housing, rear cover, etc.; water pump, bracket, connecting pipe, and cylinder head; distribution housing, flywheel housing, front suspension bracket, crankcase, bearing cover, etc.; travel motor accessories and brack…
Full company profileShandong Liancheng Precision Manufacturing Co Ltd Class A 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 Liancheng Precision Manufacturing Co Ltd Class A 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 | 512M | 610M | 665M | 748M | 913M | 1.21B | 1.23B | 1.10B | 1.08B | 1.16B | 1.39B |
| Gross Profit | 147M | 155M | 156M | 188M | 242M | 256M | 189M | 167M | 124M | 139M | 194M |
| Operating Income | 50.9M | 55.8M | 50.7M | 54.9M | 88.9M | 92.3M | 52.8M | 11.5M | -38.1M | 5.89M | 50.8M |
| EBITDA | 120M | 123M | 119M | 128M | 177M | 197M | 182M | 157M | 137M | 149M | 20.4M |
| Net Income | 47.5M | 47.1M | 45.0M | 46.3M | 71.9M | 74.2M | 25.8M | 4.87M | -38.0M | -14.5M | 3.97M |
| EPS | 0.61 | 0.61 | 0.43 | 0.45 | 0.69 | 0.71 | 0.20 | 0.04 | -0.31 | -0.10 | 0.03 |
| Balance Sheet | |||||||||||
| Total Assets | 861M | 1.15B | 1.22B | 1.26B | 1.51B | 1.84B | 2.27B | 2.27B | 2.37B | 2.31B | 2.45B |
| Total Liabilities | 441M | 496M | 551M | 555M | 663M | 905M | 992M | 1.09B | 1.26B | 960M | 1.07B |
| Shareholders' Equity | 417M | 652M | 672M | 702M | 852M | 898M | 1.23B | 1.19B | 1.08B | 1.32B | 1.33B |
| Cash & Short-term Investments | 89.2M | 277M | 113M | 174M | 242M | 183M | 247M | 259M | 236M | 183M | 378M |
| Total Debt | 252M | 292M | 312M | 228M | 414M | 569M | 698M | 840M | 928M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 81.2M | 19.1M | 19.8M | 61.7M | -21.0M | 811K | 103M | 105M | 140M | 93.7M | - |
| Capital Expenditure | 37.8M | 32.4M | 108M | 62.3M | 65.0M | 149M | 148M | 107M | 50.9M | 39.4M | 63.8M |
| Free Cash Flow | 43.4M | -13.3M | -88.5M | -534K | -86.0M | -148M | -44.6M | -2.55M | 89.0M | 54.4M | -37.9M |
| Ratios | |||||||||||
| ROE | 11.4% | 7.2% | 6.7% | 6.6% | 8.4% | 8.3% | 2.1% | 0.4% | -3.5% | -1.1% | 0.3% |
| ROA | 5.5% | 4.1% | 3.7% | 3.7% | 4.7% | 4.0% | 1.1% | 0.2% | -1.6% | -0.6% | 0.2% |
| Net Profit Margin | 9.3% | 7.7% | 6.8% | 6.2% | 7.9% | 6.1% | 2.1% | 0.4% | -3.5% | -1.3% | 0.3% |
| Debt to Equity | 0.60x | 0.45x | 0.46x | 0.32x | 0.49x | 0.63x | 0.57x | 0.71x | 0.86x | - | - |
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 Liancheng Precision Manufacturing Co Ltd Class A dividends
- Dividend yield
- 0.55%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Jun 7, 2024
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 13.1M | 0.09 | - |
| 2024 | CNY 29.7M | 0.24 | - |
| 2023 | CNY 57.9M | 0.48 | 1,187.9% |
| 2022 | CNY 45.6M | 0.35 | 177.0% |
| 2021 | CNY 32.6M | 0.31 | 44.0% |
| 2020 | CNY 24.0M | 0.23 | 33.4% |
| 2019 | CNY 12.0M | 0.12 | 25.9% |
| 2018 | CNY 34.1M | 0.33 | 75.8% |
| 2017 | CNY 23.7M | 0.31 | 50.3% |
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: 1.299999:1 on May 11, 2021.
Who owns Shandong Liancheng Precision Manufacturing Co Ltd Class A
- Insiders 36.06%
- Institutions 1.44%
- Public & others 62.50%
- Shares outstanding 149M
- Free float 103M
Shandong Liancheng Precision Manufacturing Co Ltd Class A company profile
- Company name
- Shandong Liancheng Precision Manufacturing Co Ltd Class A
- Ticker
- 002921.SHE
- ISIN
- CNE1000033D5
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Machinery
- Employees
- 1,971
- Fiscal year end
- December
- Address
- No. 6 North Ring Road, Jining, China, 272100
- Phone
- 86 53 7395 6829
- Website
- lmc-ind.com
About Shandong Liancheng Precision Manufacturing Co Ltd Class A
Shandong Liancheng Precision Manufacturing Co., Ltd engages in the research, design, manufacture, and sales of various precision mechanical parts in China. The company offers HVAC products, including compressor parts; hydraulic parts, such as motor housing, pump housing, rear cover, etc.; water pump, bracket, connecting pipe, and cylinder head; distribution housing, flywheel housing, front suspension bracket, crankcase, bearing cover, etc.; travel motor accessories and bracket; fuel cell support-frame; and sports and recreational vehicle, environmental water treatment, compressor, bearing block, steering knuckle, etc. It also exports its products to North America, South America, Europe, Asia, the Oceania, and internationally. Shandong Liancheng Precision Manufacturing Co., Ltd was founded in 1995 and is headquartered in Jining, China.
Shandong Liancheng Precision Manufacturing Co Ltd Class A management
5- Mr. Yuan Qiang GuoChairman & GM · born 1966
- Ms. Xiumei QiuFinancial Director · born 1982
- Mr. Zhiqiang SongNon Independent Director · born 1970
- Xiangmei ZhangAccounting Supervisor
- Ning Shuai ZhuSales Manager