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Shandong Donghong Pipe Industry Co., Ltd. (603856.SS)

CNY12.02 +0.16 (+1.35%)
CN SHH Industrials Construction
Address No.1 Donghong Road
Qufu, CN
CEO Fengyao Ni
Website dhguanye.com
IPO 2017-11-06
ISIN CNE100002TV7

Explore sections of this company profile

Description

Shandong Donghong Pipe Industry Co., Ltd., headquartered in Qufu, China, and founded in 1997, is a Chinese enterprise dedicated to the research, development, production, and maintenance of various pipeline systems. The company offers a broad array of piping solutions, including SRTP, polyethylene composite, and PVC pipe systems, alongside insulation pipes, anti-corrosion metal pipes, and related pipe connections. Beyond finished products, Shandong Donghong also innovates and manufactures crucial materials for pipeline construction, such as adhesive resins, polyolefin wear-resistant compounds, 3PE pipeline corrosion protection, epoxy resin anti-corrosion powder, phosphorus flame retardants, anti-static flame-retardant polyethylene, and other auxiliary pipe materials. Their engineering pipeline offerings and complete contracting solutions are widely employed in significant undertakings across national municipal, water conservancy, industrial and mining, and thermal sectors.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY12.02 +0.16 (+1.35%)
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Volume Profile
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Liquidity & share structure
Average Volume
7M
Beta
0.28
Float Shares
216.07M
Free Float %
76.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.74% -2.83% -8.33% -13.11% -7.62% -3.77% +6.29% -3.61% +3.54% -0.50% -0.50%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
12.02
DCF (Unlevered) 20.39 +69.6%
DCF (Levered) 2.94 -75.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.85
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
3 / 5
Medium
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Construction: +2.5%
    -11.5% Q1'26: +0.4% (vs Q1'25)
  • ✓
    EPS growth Construction: +11.1%
    +47.0% ★ Q1'26: +0.0% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Construction: +30.9%
    +19.7% ★ Q1'26: +21.4% (vs Q1'25)
  • ✗
    EBIT margin Construction: +8.5%
    +12.8% ★ Q1'26: +10.1% (vs Q1'25)
  • ✗
    ROIC Construction: +6.4%
    +11.0% ★ Q1'26: +7.1% (vs Q1'25)
  • ✗
    Share dilution Construction: +0.4%
    +0.3% Q1'26: +4.2% (vs Q1'25)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Construction: 0.05×
    0.22× ★ Q1'26: 0.64× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.28) × ERP
WACC = 98% × Ke + 2% × Kd (13.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 20.39 Current price: 12.02
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2020
actual 		Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
1 Rev. Ana.
1 EPS Ana. 		Dec 2027
1 Rev. Ana.
1 EPS Ana. 		Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
2.39B
est: 2.23B (+7.3%)
2.21B
est: 2.34B (-5.8%)
2.85B
est: 2.85B (+0.0%)
2.86B
est: 2.90B (-1.1%)
2.49B
est: 3.06B (-18.5%)
2.20B
est: 2.26B (-2.4%)
2.41B
2.41B – 2.41B
+6.9% YoY
2.72B
2.72B – 2.72B
+12.8% YoY
3.08B
3.08B – 3.08B
+13.2% YoY
EBITDA
418.29M
est: 257.03M (+62.7%)
211.90M
est: 270.29M (-21.6%)
265.08M
est: 328.76M (-19.4%)
276.13M
est: 322.35M (-14.3%)
284.44M
est: 340.05M (-16.4%)
345.52M
est: 251.25M (+37.5%)
268.50M
268.50M – 268.50M
+6.9% YoY
303.00M
303.00M – 303.00M
+12.8% YoY
342.94M
342.94M – 342.94M
+13.2% YoY
EBIT
379.88M
est: 211.54M (+79.6%)
170.54M
est: 222.45M (-23.3%)
209.09M
est: 270.57M (-22.7%)
212.88M
est: 256.03M (-16.9%)
222.67M
est: 270.08M (-17.6%)
281.13M
est: 199.56M (+40.9%)
213.26M
213.26M – 213.26M
+6.9% YoY
240.65M
240.65M – 240.65M
+12.8% YoY
272.38M
272.38M – 272.38M
+13.2% YoY
Net Income
318.50M
est: 284.63M (+11.9%)
133.04M
est: 164.96M (-19.4%)
149.21M
est: 148.72M (+0.3%)
161.13M
est: 169.47M (-4.9%)
169.24M
est: 190.25M (-11.0%)
249.38M
est: 138.83M (+79.6%)
161.97M
161.97M – 161.97M
+16.7% YoY
203.10M
203.10M – 203.10M
+25.4% YoY
249.38M
249.38M – 249.38M
+22.8% YoY
SGA
144.09M
est: 81.53M (+76.7%)
161.01M
est: 85.74M (+87.8%)
154.03M
est: 104.29M (+47.7%)
196.95M
est: 171.55M (+14.8%)
191.04M
est: 180.96M (+5.6%)
52.15M
est: 133.71M (-61.0%)
142.89M
142.89M – 142.89M
+6.9% YoY
161.24M
161.24M – 161.24M
+12.8% YoY
182.50M
182.50M – 182.50M
+13.2% YoY
EPS
1.24
est: 1.11 (+11.7%)
0.52
est: 0.64 (-19.2%)
0.58
est: 0.58 (+0.0%)
0.63
est: 0.66 (-4.4%)
0.66
est: 0.74 (-10.8%)
0.97
est: 0.54 (+79.6%)
0.63
0.63 – 0.63
+16.7% YoY
0.79
0.79 – 0.79
+25.4% YoY
0.97
0.97 – 0.97
+22.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A 4/5 3/5 3/5 5/5 4/5 3/5 4/5
2026-05-28 A 4/5 3/5 3/5 5/5 4/5 3/5 4/5
2026-05-27 A 4/5 3/5 3/5 5/5 4/5 3/5 4/5
2026-05-26 A 4/5 3/5 3/5 5/5 4/5 3/5 4/5
2026-05-25 A 4/5 3/5 3/5 5/5 4/5 3/5 4/5
2026-05-22 A 4/5 3/5 3/5 5/5 4/5 3/5 4/5
2026-05-21 A 4/5 3/5 3/5 5/5 4/5 3/5 4/5
2026-05-20 A 4/5 3/5 3/5 5/5 4/5 3/5 4/5
2026-05-19 A- 4/5 3/5 3/5 5/5 3/5 3/5 4/5
2026-05-18 A- 4/5 3/5 3/5 5/5 3/5 3/5 4/5
2026-05-15 A- 4/5 3/5 3/5 5/5 3/5 3/5 4/5
2026-05-14 A- 4/5 3/5 3/5 5/5 3/5 3/5 4/5
2026-05-13 A- 4/5 3/5 3/5 5/5 3/5 3/5 4/5
2026-05-12 A- 4/5 3/5 3/5 5/5 3/5 3/5 4/5
2026-05-11 A 4/5 3/5 3/5 5/5 3/5 4/5 4/5
2026-05-08 A 4/5 3/5 3/5 5/5 3/5 4/5 4/5
2026-05-07 A 4/5 3/5 3/5 5/5 3/5 4/5 4/5
2026-05-06 A 4/5 3/5 3/5 5/5 3/5 4/5 4/5
2026-04-30 A 4/5 3/5 3/5 5/5 3/5 4/5 4/5
2026-04-29 A 4/5 3/5 3/5 5/5 3/5 4/5 4/5
2026-04-28 A 4/5 3/5 3/5 5/5 3/5 4/5 4/5
2026-04-27 A- 4/5 3/5 3/5 5/5 2/5 4/5 4/5
2026-04-24 A- 4/5 3/5 3/5 5/5 2/5 3/5 4/5
2026-04-23 B 3/5 1/5 2/5 5/5 2/5 3/5 4/5
2026-04-22 B 3/5 1/5 2/5 5/5 2/5 3/5 4/5
2026-04-21 B 3/5 1/5 2/5 5/5 2/5 3/5 4/5
2026-04-20 B 3/5 1/5 2/5 5/5 2/5 3/5 4/5
2026-04-17 B 3/5 1/5 2/5 5/5 2/5 3/5 4/5
2026-04-16 B 3/5 1/5 2/5 5/5 2/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
296.41M
OE per share TTM
1.09
Owner's Yield
8.86%
Maintenance CapEx ratio
11.55%
Maint CapEx / Avg PPE
26.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
200.1K
Shares Outstanding
282.06M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Bin Liu Vice President — male
Chunde Xue Vice President — male
Cuiwei Yang Vice President — male
Fengyao Ni Vice Chairman, President & Chief Financial Officer — male
Jinlong Xun Company Secretary & Director — male
Kong Lingbin Vice President & Accounting Supervisor — male
Ling Guo Kong Assistant to the President — male
Peng Fan Vice President — male
Xingtao Bi Executive Vice President — male
Zehua Kong Vice President — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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