301137.SHE HIT Welding Industry Co. Ltd.
- Market cap
- CNY 4.66B
- P/E
- 150.6x
- P/B
- 3.35x
- ROE
- 1.8%
- Dividend yield
- 0.50%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 301137.SHE undervalued?
Graham numberThe Graham number of HIT Welding Industry 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?
HIT Welding Industry Co. Ltd. fundamental analysis
No fundamental analysis for HIT Welding Industry Co. Ltd. yet.
HIT Welding Industry Co. Ltd. stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About HIT Welding Industry Co. Ltd.
HIT Welding Industry Co.,Ltd engages in the research, development, production, and sales of fusion welding materials in China. The company gas shielding and submerged arc welding wires; mobile rail flash welding machines; trackless autonomous crawling arc welding robot machines; quantong stainless steel and aluminum welding wires; and arc light electric welding electrodes. The company also provides carbon steel, low alloy steel, stainless steel, aluminum alloy, nickel-based,…
Full company profileHIT Welding Industry 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.
HIT Welding Industry Co. Ltd. annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 869M | 1.08B | 1.19B | 1.36B | 1.72B | 1.57B | 1.58B | 1.57B | 1.78B | 1.86B |
| Gross Profit | 165M | 190M | 211M | 203M | 198M | 134M | 168M | 156M | 221M | 225M |
| Operating Income | 53.2M | 74.6M | 76.4M | 88.4M | 82.4M | 46.0M | 63.4M | 37.0M | 59.0M | 54.5M |
| EBITDA | 69.8M | 118M | 129M | 125M | 126M | 92.0M | 113M | 93.8M | 118M | 44.3M |
| Net Income | 44.5M | 67.1M | 69.7M | 79.3M | 76.9M | 46.1M | 58.0M | 40.5M | 37.5M | 24.7M |
| EPS | 0.33 | 0.49 | 0.51 | 0.58 | 0.56 | 0.27 | 0.32 | 0.22 | 0.21 | 0.14 |
| Balance Sheet | ||||||||||
| Total Assets | 861M | 945M | 1.05B | 1.36B | 1.48B | 2.03B | 2.07B | 2.40B | 2.41B | 2.54B |
| Total Liabilities | 402M | 435M | 508M | 819M | 854M | 739M | 730M | 962M | 939M | 1.06B |
| Shareholders' Equity | 458M | 510M | 547M | 544M | 623M | 1.30B | 1.34B | 1.36B | 1.38B | 1.39B |
| Cash & Short-term Investments | 142M | 203M | 158M | 186M | 142M | 611M | 540M | 547M | 429M | 160M |
| Total Debt | 70.0M | 110M | 112M | 156M | 287M | 229M | 253M | 392M | - | - |
| Cash Flow | ||||||||||
| Operating Cash Flow | 45.1M | 78.6M | 120M | 151M | -58.3M | 13.3M | 32.1M | 42.0M | 95.6M | - |
| Capital Expenditure | 58.2M | 25.3M | 138M | 103M | 36.1M | 117M | 114M | 65.1M | 97.8M | 114M |
| Free Cash Flow | -13.0M | 53.3M | -18.1M | 47.7M | -94.4M | -103M | -82.0M | -23.2M | -2.27M | -175M |
| Ratios | ||||||||||
| ROE | 9.7% | 13.2% | 12.7% | 14.6% | 12.3% | 3.6% | 4.3% | 3.0% | 2.7% | 1.8% |
| ROA | 5.2% | 7.1% | 6.6% | 5.8% | 5.2% | 2.3% | 2.8% | 1.7% | 1.6% | 1.0% |
| Net Profit Margin | 5.1% | 6.2% | 5.8% | 5.8% | 4.5% | 2.9% | 3.7% | 2.6% | 2.1% | 1.3% |
| Debt to Equity | 0.15x | 0.22x | 0.21x | 0.29x | 0.46x | 0.18x | 0.19x | 0.29x | - | - |
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.
HIT Welding Industry Co. Ltd. dividends
- Dividend yield
- 0.50%
- Forward dividend
- 0.09 CNY
- Payout ratio
- 62.5%
- Ex-dividend date
- Jun 16, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 23.5M | 0.13 | 62.5% |
| 2024 | CNY 29.7M | 0.16 | 73.3% |
| 2023 | CNY 16.2M | 0.09 | 27.9% |
| 2022 | CNY 15.5M | 0.09 | 33.6% |
| 2021 | CNY 50.2M | 0.37 | 65.2% |
| 2020 | CNY 50.8M | 0.37 | 64.0% |
| 2019 | CNY 37.1M | 0.27 | 53.3% |
| 2018 | 20.8M | 0.15 | 31.0% |
| 2017 | 14.1M | 0.10 | 31.7% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns HIT Welding Industry Co. Ltd.
- Insiders 66.46%
- Institutions 0.52%
- Public & others 33.02%
- Shares outstanding 182M
- Free float 59.1M
HIT Welding Industry Co. Ltd. company profile
- Company name
- HIT Welding Industry Co. Ltd.
- Ticker
- 301137.SHE
- ISIN
- CNE1000058F7
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Machinery
- Employees
- 987
- Fiscal year end
- December
- Address
- No. 386, Changhong East Road, Changzhou, China, 213102
- Phone
- 86 519 8870 2788
- Website
- en.htw.cn
About HIT Welding Industry Co. Ltd.
HIT Welding Industry Co.,Ltd engages in the research, development, production, and sales of fusion welding materials in China. The company gas shielding and submerged arc welding wires; mobile rail flash welding machines; trackless autonomous crawling arc welding robot machines; quantong stainless steel and aluminum welding wires; and arc light electric welding electrodes. The company also provides carbon steel, low alloy steel, stainless steel, aluminum alloy, nickel-based, flux-cored welding wires, as well as special welding rods, fluxes, welding strips, thermal bimetallic products, and other varieties. Its products are used in petroleum and liquefied gas pipelines, pressure vessels, container manufacturing, medical appliances, railway, shipbuilding, automobiles, and motorcycles. The company was founded in 1996 and is based in Changzhou, China.
HIT Welding Industry Co. Ltd. management
7- Mr. Chunxin ChenGM & Vice Chairman · born 1984
- Mr. Jinjing ZhouDeputy GM & Non-Independent Director · born 1983
- Mr. Bo ChenDeputy General Manager · born 1976
- Mr. Kai XuDeputy General Manager · born 1974
- Mr. Zhenhua LiDeputy General Manager · born 1978
- Mr. Jun MaoDeputy General Manager · born 1980
- Lie ZhuAccounting Supervisor