301596.SHE Reach Machinery Co., Ltd.
- Market cap
- CNY 4.63B
- P/E
- 43.7x
- P/B
- 4.95x
- ROE
- 11.5%
- Dividend yield
- 1.33%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 301596.SHE undervalued?
Graham numberThe Graham number of Reach Machinery 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?
Reach Machinery Co., Ltd. fundamental analysis
No fundamental analysis for Reach Machinery Co., Ltd. yet.
Reach Machinery Co., Ltd. stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Reach Machinery Co., Ltd.
Reach Machinery Co., Ltd. engages in the manufacture and sale of electromagnetic brakes, precision transmission components, and harmonic reducers in China and internationally. The company offers miniature harmonic, double circular spline harmonic, brake-integrated harmonic, plastic harmonic, ultra-thin harmonic, collaborative harmonic, hat-shaped standard harmonic, and cup-shaped standard harmonic reducers. It also provides server motor, joint module, crane hoist, aerial wor…
Full company profileReach Machinery 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.
Reach Machinery Co., Ltd. annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 372M | 410M | 567M | 587M | 585M | 616M | 642M | 789M |
| Gross Profit | 96.1M | 103M | 152M | 166M | 190M | 192M | 189M | 217M |
| Operating Income | 32.0M | 42.9M | 79.6M | 90.0M | 115M | 116M | 103M | 130M |
| EBITDA | 48.5M | 76.0M | 101M | 115M | 144M | 145M | 133M | 125M |
| Net Income | 26.4M | 47.0M | 65.0M | 74.9M | 96.6M | 101M | 105M | 108M |
| EPS | 0.46 | 0.81 | 1.12 | 1.29 | 1.67 | 1.49 | 1.59 | 1.00 |
| Balance Sheet | ||||||||
| Total Assets | 431M | 481M | 607M | 667M | 698M | 1.12B | 1.16B | 1.30B |
| Total Liabilities | 224M | 254M | 312M | 317M | 246M | 269M | 261M | 318M |
| Shareholders' Equity | 173M | 219M | 282M | 331M | 429M | 831M | 875M | 945M |
| Cash & Short-term Investments | 18.2M | 48.5M | 56.1M | 79.7M | 105M | 488M | 476M | 168M |
| Total Debt | 78.3M | 87.9M | 108M | 117M | 65.2M | 54.7M | 97.2M | - |
| Cash Flow | ||||||||
| Operating Cash Flow | 54.2M | 17.1M | 12.2M | 93.0M | 93.1M | 88.0M | 103M | - |
| Capital Expenditure | 16.8M | 12.4M | 12.2M | 20.1M | 17.4M | 29.5M | 36.0M | 33.1M |
| Free Cash Flow | 37.5M | 4.68M | -55.4K | 72.9M | 75.7M | 58.5M | 66.8M | 8.58M |
| Ratios | ||||||||
| ROE | 15.3% | 21.4% | 23.0% | 22.6% | 22.5% | 12.1% | 12.0% | 11.5% |
| ROA | 6.1% | 9.8% | 10.7% | 11.2% | 13.8% | 9.0% | 9.0% | 8.4% |
| Net Profit Margin | 7.1% | 11.5% | 11.5% | 12.8% | 16.5% | 16.4% | 16.3% | 13.8% |
| Debt to Equity | 0.45x | 0.40x | 0.38x | 0.35x | 0.15x | 0.07x | 0.11x | - |
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.
Reach Machinery Co., Ltd. dividends
- Dividend yield
- 1.33%
- Forward dividend
- 0.49 CNY
- Payout ratio
- 58.8%
- Ex-dividend date
- Jun 11, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 61.7M | 0.93 | 58.8% |
| 2024 | CNY 3.19M | 0.05 | 3.2% |
| 2023 | CNY 4.07M | 0.07 | 4.2% |
| 2022 | CNY 36.2M | 0.62 | 48.3% |
| 2021 | 9.28M | 0.16 | 14.3% |
| 2020 | 9.85M | 0.17 | 21.0% |
| 2019 | 9.31M | 0.16 | 35.3% |
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 Jun 11, 2026.
Who owns Reach Machinery Co., Ltd.
- Insiders 70.12%
- Institutions 3.71%
- Public & others 26.17%
- Shares outstanding 108M
- Free float 33.1M
Reach Machinery Co., Ltd. company profile
- Company name
- Reach Machinery Co., Ltd.
- Ticker
- 301596.SHE
- ISIN
- CNE100006HQ3
- Exchange
- Shenzhen Stock Exchange
- Sector
- Consumer Cyclical
- Industry
- Auto Parts
- Employees
- 1,208
- Fiscal year end
- December
- Address
- No. 909, Xihanggang Avenue, Chengdu, China, 610207
- Phone
- 86 28 8051 8294
- Website
- reachgroup.cn
About Reach Machinery Co., Ltd.
Reach Machinery Co., Ltd. engages in the manufacture and sale of electromagnetic brakes, precision transmission components, and harmonic reducers in China and internationally. The company offers miniature harmonic, double circular spline harmonic, brake-integrated harmonic, plastic harmonic, ultra-thin harmonic, collaborative harmonic, hat-shaped standard harmonic, and cup-shaped standard harmonic reducers. It also provides server motor, joint module, crane hoist, aerial work platform, forklift, micro motor, scooter, wind power, elevator, and stereo brakes, as well as garden equipment brakes and clutches, and electronic accessories; intelligent assisted driving products; locking assemblies, couplings, timing pulley, and precision parts; and harmonic drives core material, electromagnetic brake core material, and core materials of precision transmission parts. Its products are used in intelligent assisted driving, robots, servo motor, aerial work platform, micro reduction motor, wind power, elevators, lifting, electric forklifts, scooter, garden machinery, and stereoscopic garage solutions. The company was founded in 1996 and is based in Chengdu, China.
Reach Machinery Co., Ltd. management
5- Ms. Lan LiuGM, Secretary & Director · born 1974
- Mr. Jing Qi JiangDeputy GM & Financial Officer · born 1968
- Mr. Xiaoyue WangDeputy GM & Director · born 1960
- Ms. Jingfan JiaoDeputy GM & Director · born 1957
- Jie YinAccounting Supervisor