SEC Electric Machinery Co., Ltd. (SHA:603988)

China · Delayed Price · Currency is CNY

19.46

-0.45 (-2.26%)

Jul 31, 2026, 3:00 PM CST

SEC Electric Machinery Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	657.78	658.5	666.29	757.38	859.94	819.36
Revenue Growth	-2.41%	-1.17%	-12.03%	-11.93%	4.95%	-4.33%
Gross Profit	146.25	139.36	148.38	158.16	210.17	210.17
Operating Income	16.19	14.49	19.71	29.43	58.58	71.14
Net Income	30.95	30.65	-10.33	43.21	51.59	39.94
Earnings Per Share	0.13	0.13	-0.04	0.18	0.22	0.17
EPS Growth	165.95%	-	-	-18.18%	29.41%	-76.71%

Revenue by Geography

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
China	527.08
Foreign	131.42
Total	658.5

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	259.39	255.99	137.48	155.37	109.6	208.41
Total Debt	57.16	52.52	-	-	0.47	0.91
Net Cash (Debt)	202.23	203.47	137.48	155.37	109.14	207.5
Net Cash Growth	34.48%	48.00%	-11.51%	42.36%	-47.40%	-49.80%
Net Cash Per Share	0.84	0.86	0.53	0.65	0.47	0.88

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	117.44	75.66	28.3	36.74	-40.69	-10.71
Capital Expenditures	-2.25	-2.33	-0.13	-1.49	-1.78	-0.3
Free Cash Flow	115.19	73.33	28.17	35.26	-42.47	-11.01
Free Cash Flow Growth	337.12%	160.30%	-20.10%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	22.23%	21.16%	22.27%	20.88%	24.44%	25.65%
Operating Margin	2.46%	2.20%	2.96%	3.89%	6.81%	8.68%
Pretax Margin	5.55%	5.31%	-2.03%	6.52%	6.85%	5.76%
Profit Margin	4.71%	4.65%	-1.55%	5.71%	6.00%	4.87%
FCF Margin	17.51%	11.14%	4.23%	4.66%	-4.94%	-1.34%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.045	0.045	0.040	0.060	0.066	0.057
Dividend Per Share Growth	12.50%	12.50%	-33.33%	-8.82%	16.46%	-94.83%
Dividend Yield	0.23%	0.19%	0.16%	0.53%	0.72%	0.36%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	150.61	186.50	-	61.89	42.36	95.82
Forward PE	-	75.71	75.71	75.71	75.71	75.71
P/FCF Ratio	39.73	77.94	203.97	75.85	-	-
PS Ratio	6.96	8.68	8.62	3.53	2.54	4.67