Nanjing Develop is a leading component manufacturer for oil & gas industry, listed in Shanghai Stock Exchange. Company products cover sectors in Subsea drilling & production, shale gas fracturing, surface wellhead tree, BOP, high pressure fluid, transportation system, wind power and nuclear power industries.
Focusing on material R&D and lean manufacturing, Nanjing Develop has fully integrated manufacturing processes from forging, heat treatment, CNC machining, Cladding and testing and owns an ISO 17025 laboratory. Company participates in various formulation and setting the local National & Industrial standards. Company obtains many patents in materials & NDT testing. Company has strong accumulated experiences in manufacturing, thermal reverse extrusion forming, precision forming, heat treatment, ultrasonic detection, and process simulation technologies, and has formed a certain competitive advantage in the Subsea, fracturing and other high-end components markets.
Nanjing Develop has become one of the largest and most advanced component manufacturers for oil & gas industry in China. Products are exported to the United States, Canada, Europe, Brazil, Singapore, Middle East, Southeast Asia and other countries and regions. Nanjing Develop becomes a distinctive supplier in the global supply chain for many internationally renowned oil service companies and oil equipment companies.
|Earnings Per Share||0.48||0.65||0.36|
|R&D expenditure as a % of operating revenue||5.01%||4.16%||3.05%|
|Total Owners' Equity||1,531.45||729.35||617.54|
|Net Cash Flows-Operating||154.39||76.27||51.02|
|Net Cash Flows-Investing||-674.83||-49.28||-33.53|
|Net Cash Flows-Financing||633.76||-34.88||-15.17|
|Name||No. of Shares Held (mn)||% of Shares Held|
|NanjingDevelop Industrial And Commercial Co., Ltd.||50.25||25.81%|
|NanjingDevelop Enterprise Management Consulting Co., Ltd.||6.00||3.08%|
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