002967.SHE Grg Metrology
- Market cap
- CNY 11.2B
- P/E
- 21.9x
- P/B
- 2.21x
- ROE
- 7.6%
- Dividend yield
- 1.50%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002967.SHE undervalued?
Graham number002967.SHE trades 46.7% 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?
Grg Metrology fundamental analysis
No fundamental analysis for Grg Metrology yet.
Grg Metrology stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Grg Metrology
GRG Metrology & Test Group Co., Ltd., together with its subsidiaries, operates as a third-party measurement and testing institution in China. It offers measurement and calibration, environmental and reliability testing, EMC testing, chemical and failure analysis, safety test and certification, environmental monitoring, and food and agricultural product testing services; integrated circuit testing and analysis, electromagnetic compatibility testing, and ecological environment…
Full company profileGrg Metrology 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.
Grg Metrology 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 | 565M | 837M | 1.23B | 1.59B | 1.84B | 2.25B | 2.60B | 2.89B | 3.21B | 3.60B | 3.62B |
| Gross Profit | 292M | 438M | 604M | 736M | 796M | 930M | 1.03B | 1.22B | 1.51B | 1.56B | 1.68B |
| Operating Income | 62.4M | 112M | 124M | 174M | 232M | 201M | 181M | 200M | 386M | 483M | 498M |
| EBITDA | 128M | 204M | 265M | 383M | 528M | 602M | 544M | 543M | 735M | 945M | 445M |
| Net Income | 64.0M | 107M | 122M | 169M | 235M | 182M | 184M | 199M | 352M | 425M | 383M |
| EPS | 0.20 | 0.27 | 0.31 | 0.42 | 0.44 | 0.33 | 0.32 | 0.35 | 0.61 | 0.76 | 0.60 |
| Balance Sheet | |||||||||||
| Total Assets | 1.15B | 1.46B | 2.01B | 2.91B | 3.35B | 5.28B | 5.55B | 6.07B | 6.55B | 6.82B | 8.94B |
| Total Liabilities | 442M | 687M | 1.21B | 1.38B | 1.58B | 1.81B | 1.99B | 2.40B | 3.14B | 2.98B | 3.79B |
| Shareholders' Equity | 698M | 766M | 792M | 1.53B | 1.72B | 3.41B | 3.49B | 3.60B | 3.34B | 3.61B | 5.04B |
| Cash & Short-term Investments | 340M | 299M | 315M | 526M | 323M | 1.57B | 1.30B | 1.46B | 1.05B | 1.11B | 1.46B |
| Total Debt | 301M | 464M | 817M | 868M | 830M | 947M | 1.08B | 1.35B | 1.65B | 1.87B | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 86.7M | 111M | 136M | 170M | 420M | 499M | 549M | 647M | 855M | 955M | - |
| Capital Expenditure | 240M | 280M | 425M | 422M | 363M | 455M | 604M | 594M | 914M | 474M | 451M |
| Free Cash Flow | -153M | -169M | -289M | -252M | 56.9M | 43.6M | -55.5M | 53.8M | -58.9M | 481M | -47.7M |
| Ratios | |||||||||||
| ROE | 9.2% | 14.0% | 15.4% | 11.1% | 13.7% | 5.3% | 5.3% | 5.5% | 10.6% | 11.8% | 7.6% |
| ROA | 5.6% | 7.4% | 6.1% | 5.8% | 7.0% | 3.5% | 3.3% | 3.3% | 5.4% | 6.2% | 4.3% |
| Net Profit Margin | 11.3% | 12.8% | 9.9% | 10.7% | 12.8% | 8.1% | 7.1% | 6.9% | 11.0% | 11.8% | 10.6% |
| Debt to Equity | 0.43x | 0.61x | 1.03x | 0.57x | 0.48x | 0.28x | 0.31x | 0.38x | 0.50x | 0.52x | - |
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.
Grg Metrology dividends
- Dividend yield
- 1.50%
- Forward dividend
- 0.35 CNY
- Payout ratio
- 39.6%
- Ex-dividend date
- Sep 22, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 168M | 0.30 | 39.6% |
| 2024 | CNY 122M | 0.21 | 34.7% |
| 2023 | CNY 86.3M | 0.15 | 43.3% |
| 2022 | CNY 86.3M | 0.15 | 46.9% |
| 2021 | CNY 22.6M | 0.04 | 12.4% |
| 2020 | CNY 39.7M | 0.07 | 16.9% |
| 2019 | CNY 39.7M | 0.10 | 23.4% |
| 2018 | CNY 65.9M | 0.17 | 54.1% |
| 2017 | CNY 57.5M | 0.14 | 53.5% |
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: 1.6:1 on Apr 27, 2020.
Who owns Grg Metrology
- Insiders 51.20%
- Institutions 5.32%
- Public & others 43.48%
- Shares outstanding 640M
- Free float 295M
Grg Metrology company profile
- Company name
- Grg Metrology
- Ticker
- 002967.SHE
- ISIN
- CNE100003Q57
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Professional Services
- Employees
- 6,717
- Fiscal year end
- December
- Address
- No. 8, Chuangyun Road, Guangzhou, China, 511450
- Phone
- 86 20 3869 6988
- Website
- grgtest.com
About Grg Metrology
GRG Metrology & Test Group Co., Ltd., together with its subsidiaries, operates as a third-party measurement and testing institution in China. It offers measurement and calibration, environmental and reliability testing, EMC testing, chemical and failure analysis, safety test and certification, environmental monitoring, and food and agricultural product testing services; integrated circuit testing and analysis, electromagnetic compatibility testing, and ecological environment testing; and EHS evaluation services, including safety evaluation, environmental impact assessment, and occupational health evaluation; and reference materials. The company also provides data science analysis and evaluation services, such as network security, software evaluation, and artificial intelligence testing; and technical services, including artificial intelligence ecosystem verification and human-machine efficacy evaluation, as well as digital services comprising data governance capability evaluation, digital evaluation consulting and training, and data asset security compliance evaluation and inclusion. In addition, It offers technical training and consulting; and software development services. The company serves the vehicle, aviation, rail transit, ship, communication, electricity, food, agriculture, medical, electronic, textile, and petrochemical industries. The company was formerly known as Guang Zhou GRG Metrology & Test Co., Ltd and changed its name to GRG Metrology & Test Group Co., Ltd. in March 2023. GRG Metrology & Test Group Co., Ltd. was founded in 1964 and is based in Guangzhou, China.
Grg Metrology management
10- Mr. Zhimao MingGM & Non-Independent Director · born 1977
- Mr. Xingping XiFinancial Director · born 1984
- Mr. Wowen HuangDeputy GM & Non-Independent Director · born 1974
- Mr. Zongfei ShiSecretary of the Board · born 1984
- Mr. Jun LiDeputy General Manager · born 1980
- Mr. Yudong LuDeputy General Manager · born 1979
- Mr. Nailin WuDeputy General Manager · born 1979
- Ms. Li Li YuDeputy General Manager · born 1978
- Mr. Ying Ling HuangDeputy General Manager · born 1978
- Li Ting LiAccounting Supervisor