300570.SHE T&S Communications Co Ltd
- Market cap
- CNY 25.1B
- P/E
- 77.4x
- P/B
- 14.94x
- ROE
- 22.0%
- Dividend yield
- 0.72%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 300570.SHE undervalued?
Graham numberThe Graham number of T&S Communications 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?
T&S Communications Co Ltd fundamental analysis
No fundamental analysis for T&S Communications Co Ltd yet.
T&S Communications Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About T&S Communications Co Ltd
T&S Communications Co.,Ltd. develops, manufactures, and sells fiber optics communication products in China and internationally. The company offers active optical cables (AOC) and direct attach cables (DAC); fiber optic transceivers; MTP/MPO cable assemblies; Patch Cords and Pigtails; as well as shuffle and other cable assemblies. It also provides VSFF and Next-Gen Multi-Fiber Interconnects, such as MDC, CS, SN patchcords, and MXC, SN-MT, MMC cables; panel and enclosures; ada…
Full company profileT&S Communications 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.
T&S Communications 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 | 421M | 490M | 794M | 753M | 574M | 646M | 934M | 885M | 1.38B | 1.55B | 2.68B |
| Gross Profit | 151M | 173M | 263M | 242M | 158M | 172M | 287M | 245M | 458M | 588M | 826M |
| Operating Income | 115M | 117M | 182M | 193M | 84.7M | 78.4M | 203M | 161M | 300M | 362M | 585M |
| EBITDA | 135M | 132M | 200M | 220M | 112M | 110M | 236M | 200M | 336M | 385M | 453M |
| Net Income | 101M | 100M | 153M | 168M | 75.6M | 71.8M | 180M | 155M | 261M | 299M | 393M |
| EPS | 0.57 | 0.44 | 0.66 | 0.73 | 0.33 | 0.32 | 0.79 | 0.69 | 1.15 | 1.32 | 1.73 |
| Balance Sheet | |||||||||||
| Total Assets | 1.17B | 1.26B | 1.48B | 1.49B | 1.43B | 1.35B | 1.55B | 1.68B | 1.99B | 2.10B | 3.17B |
| Total Liabilities | 108M | 141M | 256M | 173M | 144M | 153M | 232M | 304M | 434M | 360M | 1.34B |
| Shareholders' Equity | 1.06B | 1.12B | 1.22B | 1.30B | 1.27B | 1.18B | 1.31B | 1.36B | 1.54B | 1.71B | 1.79B |
| Cash & Short-term Investments | 829M | 1.18B | 783M | 919M | 596M | 632M | 458M | 604M | 728M | 473M | 666M |
| Total Debt | - | - | - | 15.0M | 11.1M | 893K | 293K | 293K | 1.96M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 156M | 134M | 41.2M | 237M | 4.41M | 69.1M | 105M | 115M | 184M | 152M | - |
| Capital Expenditure | 63.8M | 88.0M | 61.4M | 44.3M | 30.7M | 24.1M | 24.5M | 10.1M | 56.3M | 51.8M | 55.5M |
| Free Cash Flow | 92.7M | 46.0M | -20.2M | 193M | -26.3M | 45.0M | 80.7M | 105M | 127M | 100M | -73.6M |
| Ratios | |||||||||||
| ROE | 9.5% | 9.0% | 12.5% | 12.9% | 5.9% | 6.1% | 13.7% | 11.4% | 16.9% | 17.5% | 22.0% |
| ROA | 8.7% | 7.9% | 10.3% | 11.3% | 5.3% | 5.3% | 11.6% | 9.2% | 13.1% | 14.2% | 12.4% |
| Net Profit Margin | 24.1% | 20.4% | 19.2% | 22.3% | 13.2% | 11.1% | 19.3% | 17.5% | 19.0% | 19.3% | 14.7% |
| Debt to Equity | - | - | - | 0.01x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | - | - |
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.
T&S Communications Co Ltd dividends
- Dividend yield
- 0.72%
- Forward dividend
- 1.00 CNY
- Payout ratio
- 60.8%
- Ex-dividend date
- Jul 10, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 182M | 0.80 | 60.8% |
| 2024 | CNY 114M | 0.50 | 43.5% |
| 2023 | CNY 113M | 0.50 | 72.6% |
| 2022 | CNY 66.9M | 0.29 | 37.2% |
| 2021 | CNY 66.9M | 0.30 | 93.3% |
| 2020 | CNY 103M | 0.45 | 136.9% |
| 2019 | CNY 82.8M | 0.36 | 49.3% |
| 2018 | CNY 50.6M | 0.22 | 33.1% |
| 2017 | CNY 48.6M | 0.21 | 48.5% |
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: 18:10 on Jun 30, 2017.
Who owns T&S Communications Co Ltd
- Insiders 31.69%
- Institutions 12.97%
- Public & others 55.35%
- Shares outstanding 227M
- Free float 128M
T&S Communications Co Ltd company profile
- Company name
- T&S Communications Co Ltd
- Ticker
- 300570.SHE
- ISIN
- CNE100002DR9
- Exchange
- Shenzhen Stock Exchange
- Sector
- Technology
- Industry
- Communications Equipment
- Employees
- 2,512
- Fiscal year end
- December
- Address
- T&S Hi-tech Park, Shenzhen, China, 518118
- Phone
- 86 755 3298 3688
- Website
- china-tscom.com
About T&S Communications Co Ltd
T&S Communications Co.,Ltd. develops, manufactures, and sells fiber optics communication products in China and internationally. The company offers active optical cables (AOC) and direct attach cables (DAC); fiber optic transceivers; MTP/MPO cable assemblies; Patch Cords and Pigtails; as well as shuffle and other cable assemblies. It also provides VSFF and Next-Gen Multi-Fiber Interconnects, such as MDC, CS, SN patchcords, and MXC, SN-MT, MMC cables; panel and enclosures; adapter and attenuator; and subcomponents, including ceramic ferrule, stub fiber ferrule, TOSA/ROSA receptacle, MT ferrule, MPO connector kits, PLC splitter wafer and chips. In addition, it offers PLC splitter, FBT coupler, 3-Ports TFF DWDM/FWDM/CWDM device, CWDM/DWDM OADM module, X-PON WDM, AAWG module, band separator WDM, and CCWDM modules; FBG and FBG string for sensing, fiber optic sensors, and FBG interrogator; and MDC cassette and enclosure, and MDC-interface products. T&S Communications Co., Ltd. was founded in 1992 and is headquartered in Shenzhen, China.
T&S Communications Co Ltd management
5- Mr. Yi Ming ZhangGM, CFO & Director · born 1964
- Mr. Xiang Jie XiaoCTO, Technical Director, Deputy GM, Equipment Department Manager & Director · born 1963
- Ms. Bo CaiSecretary of the Board of Directors & Manager of Overseas Marketing Department · born 1972
- Mr. Peng GengEmployee Representative Director & Deputy GM · born 1982
- Mr. Jizhong ZhangDeputy General Manager · born 1968