300950.SHE Doright Co.Ltd.
- Market cap
- CNY 2.47B
- P/E
- 76.4x
- P/B
- 3.01x
- ROE
- 1.9%
- Dividend yield
- 1.32%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 300950.SHE undervalued?
Graham numberThe Graham number of Doright 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?
Doright Co.Ltd. fundamental analysis
No fundamental analysis for Doright Co.Ltd. yet.
Doright Co.Ltd. stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Doright Co.Ltd.
Doright Co.,Ltd. engages in the design, research and development, manufacture, inspection, sale, and servicing of energy-saving and environmental protection equipment in China. The company provides energy-saving heat exchange equipment, including heat exchangers, high-temperature air preheater, waste heat boiler, rotary dryer, new energy saving type ceramic fiber fire box, and quench boiler; cryogenic heat exchanger with pin-tube type, reactors, atmospheric pressure vessels …
Full company profileDoright 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.
Doright 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 | 164M | 218M | 236M | 264M | 251M | 295M | 324M | 310M | 509M | 547M | 465M |
| Gross Profit | 66.9M | 85.6M | 94.3M | 111M | 105M | 90.5M | 125M | 111M | 194M | 205M | 136M |
| Operating Income | 34.6M | 44.8M | 59.8M | 72.8M | 71.6M | 51.6M | 75.8M | 45.7M | 112M | 114M | 37.8M |
| EBITDA | 42.6M | 53.8M | 70.1M | 83.4M | 83.6M | 60.5M | 87.8M | 58.5M | 127M | 125M | 16.7M |
| Net Income | 30.6M | 38.8M | 51.1M | 62.0M | 61.5M | 42.9M | 65.6M | 38.7M | 96.7M | 92.1M | 15.5M |
| EPS | 0.41 | 0.35 | 0.45 | 0.55 | 0.55 | 0.29 | 0.44 | 0.26 | 0.64 | 0.60 | 0.10 |
| Balance Sheet | |||||||||||
| Total Assets | 412M | 463M | 550M | 562M | 531M | 786M | 909M | 1.12B | 1.12B | 1.30B | 1.28B |
| Total Liabilities | 150M | 163M | 213M | 215M | 167M | 212M | 277M | 455M | 383M | 477M | 460M |
| Shareholders' Equity | 260M | 300M | 330M | 347M | 365M | 574M | 631M | 661M | 741M | 821M | 820M |
| Cash & Short-term Investments | 110M | 107M | 125M | 150M | 156M | 377M | 425M | 383M | 196M | 235M | 143M |
| Total Debt | 23.0M | 21.5M | 10.0M | 10.0M | 35.4M | 13.1M | 2.86M | 19.2M | 18.7M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 19.1M | 27.4M | 13.2M | 83.2M | 84.9M | 37.2M | 84.6M | 86.6M | 53.7M | 108M | - |
| Capital Expenditure | 5.77M | 9.65M | 6.87M | 7.35M | 3.42M | 9.18M | 36.2M | 129M | 133M | 42.5M | 16.2M |
| Free Cash Flow | 13.3M | 17.8M | 6.30M | 75.8M | 81.5M | 28.0M | 48.3M | -47.2M | -78.9M | 65.9M | 53.4M |
| Ratios | |||||||||||
| ROE | 11.7% | 12.9% | 15.5% | 17.8% | 16.9% | 7.5% | 10.4% | 5.8% | 13.1% | 11.2% | 1.9% |
| ROA | 7.4% | 8.4% | 9.3% | 11.0% | 11.6% | 5.5% | 7.2% | 3.5% | 8.6% | 7.1% | 1.2% |
| Net Profit Margin | 18.7% | 17.8% | 21.7% | 23.5% | 24.6% | 14.6% | 20.3% | 12.5% | 19.0% | 16.8% | 3.3% |
| Debt to Equity | 0.09x | 0.07x | 0.03x | 0.03x | 0.10x | 0.02x | 0.00x | 0.03x | 0.03x | - | - |
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.
Doright Co.Ltd. dividends
- Dividend yield
- 1.32%
- Forward dividend
- 0.20 CNY
- Payout ratio
- 35.4%
- Ex-dividend date
- May 29, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 32.6M | 0.21 | 35.4% |
| 2024 | CNY 23.0M | 0.15 | 23.8% |
| 2023 | CNY 15.4M | 0.10 | 39.9% |
| 2022 | CNY 10.0M | 0.07 | 15.2% |
| 2021 | CNY 10.0M | 0.07 | 23.3% |
| 2020 | CNY 45.0M | 0.40 | 73.1% |
| 2019 | CNY 45.0M | 0.40 | 72.6% |
| 2018 | 23.1M | 0.21 | 45.3% |
| 2017 | 3.03M | 0.03 | 7.8% |
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: 1.5:1 on Jun 8, 2022.
Who owns Doright Co.Ltd.
- Insiders 60.49%
- Institutions 0.33%
- Public & others 39.18%
- Shares outstanding 154M
- Free float 63.4M
Doright Co.Ltd. company profile
- Company name
- Doright Co.Ltd.
- Ticker
- 300950.SHE
- ISIN
- CNE100004FZ3
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Machinery
- Employees
- 612
- Fiscal year end
- December
- Address
- 668#, Binzhou Road, Qingdao, China, 266300
- Phone
- 86 53 2822 98811
- Website
- doright.biz
About Doright Co.Ltd.
Doright Co.,Ltd. engages in the design, research and development, manufacture, inspection, sale, and servicing of energy-saving and environmental protection equipment in China. The company provides energy-saving heat exchange equipment, including heat exchangers, high-temperature air preheater, waste heat boiler, rotary dryer, new energy saving type ceramic fiber fire box, and quench boiler; cryogenic heat exchanger with pin-tube type, reactors, atmospheric pressure vessels and tanks, and tower piece; and powder processing and environment protection equipment, including rotary dryer, carbon black feeder, pin tube heat exchanger, installation and maintenance of pressure pipelines, wet pelletizer, dry pelletizer, pigment pelletizer, and vibrating screen. It also provides clean combustion, heat transfer, and energy-saving solutions for customers in chemical, energy, metallurgy, and solid waste treatment industries. The company also exports its products to Asia, Europe, North America, South America, Oceania, and Africa. Doright Co.,Ltd. was founded in 2004 and is based in Qingdao, China.
Doright Co.Ltd. management
4- Mr. Chao SongGM & Director · born 1986
- Mr. Linlin GaoCFO, Deputy GM, Secretary of the Board & Non-Independent Director · born 1986
- Mr. Long MengDeputy General Manager · born 1973
- Ms. Li JiangHead of Accounting