300960.SHE Shenzhen Tongye Technology Co.Ltd.
- Market cap
- CNY 2.35B
- P/E
- 57.9x
- P/B
- 3.70x
- ROE
- 2.8%
- Dividend yield
- 2.05%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 300960.SHE undervalued?
Graham numberThe Graham number of Shenzhen Tongye Technology 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?
Shenzhen Tongye Technology Co.Ltd. fundamental analysis
No fundamental analysis for Shenzhen Tongye Technology Co.Ltd. yet.
Shenzhen Tongye Technology Co.Ltd. stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Shenzhen Tongye Technology Co.Ltd.
Shenzhen Tongye Technology Co.,Ltd. engages in the design, research and development, manufacture, sale, after-sales, and maintenance services for electrical equipment products for rail transit locomotives and rolling stock in China. The company offers power products, such as power supply cabinets, chargers, emergency ventilation and auxiliary inverters, train and auxiliary power supply cabinets, on-board bidirectional and supercapacitor charging devices, air conditioning pow…
Full company profileShenzhen Tongye Technology 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.
Shenzhen Tongye Technology 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 | 255M | 306M | 360M | 389M | 318M | 294M | 296M | 359M | 425M | 510M | 368M |
| Gross Profit | 123M | 159M | 189M | 184M | 162M | 140M | 136M | 151M | 184M | 211M | 142M |
| Operating Income | 30.1M | 58.1M | 60.4M | 83.9M | 82.5M | 44.5M | 29.7M | 39.1M | 53.7M | 62.3M | 18.6M |
| EBITDA | 36.8M | 61.5M | 64.3M | 97.3M | 92.0M | 59.9M | 40.4M | 49.9M | 66.4M | 83.2M | 21.4M |
| Net Income | 29.1M | 51.1M | 51.9M | 74.2M | 73.7M | 45.4M | 29.4M | 35.8M | 49.1M | 52.8M | 17.9M |
| EPS | 0.31 | 0.54 | 0.49 | 0.69 | 0.69 | 0.34 | 0.21 | 0.25 | 0.34 | 0.37 | 0.12 |
| Balance Sheet | |||||||||||
| Total Assets | 384M | 441M | 506M | 579M | 628M | 930M | 901M | 911M | 974M | 1.12B | 1.07B |
| Total Liabilities | 201M | 228M | 261M | 285M | 262M | 292M | 262M | 273M | 354M | 469M | 432M |
| Shareholders' Equity | 183M | 213M | 245M | 294M | 366M | 637M | 639M | 638M | 620M | 648M | 636M |
| Cash & Short-term Investments | 62.8M | 67.2M | 69.3M | 97.7M | 191M | 368M | 332M | 289M | 248M | 194M | 223M |
| Total Debt | 11.9M | 21.4M | 21.4M | 32.2M | 67.2M | 99.8M | 71.9M | 53.0M | 65.0M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 29.2M | 50.0M | 54.7M | 44.8M | 76.9M | -48.5M | 68.6M | 41.6M | 82.2M | 25.5M | - |
| Capital Expenditure | 3.74M | 6.85M | 11.3M | 16.4M | 15.0M | 10.1M | 45.5M | 28.5M | 39.6M | 33.9M | 3.37M |
| Free Cash Flow | 25.5M | 43.1M | 43.4M | 28.4M | 61.9M | -58.6M | 23.2M | 11.1M | 42.5M | -8.40M | 18.9M |
| Ratios | |||||||||||
| ROE | 15.9% | 24.0% | 21.2% | 25.2% | 20.2% | 7.1% | 4.6% | 5.6% | 7.9% | 8.1% | 2.8% |
| ROA | 7.6% | 11.6% | 10.2% | 12.8% | 11.7% | 4.9% | 3.3% | 3.9% | 5.0% | 4.7% | 1.7% |
| Net Profit Margin | 11.4% | 16.7% | 14.4% | 19.1% | 23.2% | 15.4% | 9.9% | 10.0% | 11.6% | 10.3% | 4.9% |
| Debt to Equity | 0.06x | 0.10x | 0.09x | 0.11x | 0.18x | 0.16x | 0.11x | 0.08x | 0.10x | - | - |
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.
Shenzhen Tongye Technology Co.Ltd. dividends
- Dividend yield
- 2.05%
- Forward dividend
- 0.20 CNY
- Payout ratio
- 91.3%
- Ex-dividend date
- Sep 17, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 48.2M | 0.33 | 91.3% |
| 2024 | CNY 75.1M | 0.52 | 152.8% |
| 2023 | CNY 41.0M | 0.29 | 114.3% |
| 2022 | CNY 30.7M | 0.22 | 104.5% |
| 2021 | CNY 41.0M | 0.30 | 90.3% |
| 2020 | CNY 2.30M | 0.02 | 3.1% |
| 2019 | CNY 29.9M | 0.28 | 40.4% |
| 2018 | 30.6M | 0.29 | 59.0% |
| 2017 | 36.3M | 0.38 | 70.9% |
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: 1.4:1 on Apr 30, 2025.
Who owns Shenzhen Tongye Technology Co.Ltd.
- Insiders 90.52%
- Institutions 1.08%
- Public & others 8.40%
- Shares outstanding 145M
- Free float 42.0M
Shenzhen Tongye Technology Co.Ltd. company profile
- Company name
- Shenzhen Tongye Technology Co.Ltd.
- Ticker
- 300960.SHE
- ISIN
- CNE100004G90
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Machinery
- Employees
- 457
- Fiscal year end
- December
- Address
- Building 3, Meitai Industrial Park, Shenzhen, China, 518000
- Phone
- 86 75 5280 83364
- Website
- sz-tongye.com.cn
About Shenzhen Tongye Technology Co.Ltd.
Shenzhen Tongye Technology Co.,Ltd. engages in the design, research and development, manufacture, sale, after-sales, and maintenance services for electrical equipment products for rail transit locomotives and rolling stock in China. The company offers power products, such as power supply cabinets, chargers, emergency ventilation and auxiliary inverters, train and auxiliary power supply cabinets, on-board bidirectional and supercapacitor charging devices, air conditioning power supplies, hybrid energy storage systems, and emergency power supply systems, as well as hydrogen energy bidirectional DC-DC power supplies, step-down regulated power supplies. It also provides intelligent control products, including logic control units, suspension and air conditioning controllers, intelligent air conditioning control panels, intelligent solid-state contactors, intelligent electrical control systems, low-voltage electrical appliance monitoring systems, battery management systems, network cards, thermal management system, and electronic controllers. In addition, the company offers motor and fan products comprising asynchronous motors, permanent magnet synchronous motors, and ordinary and EC fans. Further, it provides accessories for power supplies, intelligent controls, motors, fans, and other products, as well as regular maintenance and fault repair services for rail transit vehicle customers. Its products are used in railway locomotives, urban rail transit vehicles, high-speed trains, and other rail transit locomotives and vehicles, as well as in urban rail transit ground charging systems. Shenzhen Tongye Technology Co.,Ltd. was founded in 2000 and is based in Shenzhen, China.
Shenzhen Tongye Technology Co.Ltd. management
6- Mr. Tao LiuGM & Director · born 1979
- Ms. Qing TanChief Financial Officer · born 1971
- Mr. Qiyun PengDeputy GM, Chief Engineer & Non-Independent Director · born 1985
- Mr. Xionggao FuDeputy GM, Secretary & Director · born 1980
- Mr. Li ChenDeputy General Manager · born 1983
- Bo ChenHead of Accounting Department