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

China · Delayed Price · Currency is CNY

17.17

+0.17 (1.00%)

Oct 23, 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	Jun '26 Jun 30, 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	603.16	658.5	666.29	757.38	859.94	819.36
Revenue Growth	-16.43%	-1.17%	-12.03%	-11.93%	4.95%	-4.33%
Gross Profit	116.98	139.36	148.38	158.16	210.17	210.17
Operating Income	33.9	14.49	19.71	29.43	58.58	71.14
Net Income	0.38	30.65	-10.33	43.21	51.59	39.94
Earnings Per Share	0.00	0.13	-0.04	0.18	0.22	0.17
EPS Growth	-99.16%	-	-	-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	Jun '26 Jun 30, 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	322.48	255.99	137.48	155.37	109.6	208.41
Total Debt	51.96	52.52	-	-	0.47	0.91
Net Cash (Debt)	270.52	203.47	137.48	155.37	109.14	207.5
Net Cash Growth	54.45%	48.00%	-11.51%	42.36%	-47.40%	-49.80%
Net Cash Per Share	1.14	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	Jun '26 Jun 30, 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	163.89	75.66	28.3	36.74	-40.69	-10.71
Capital Expenditures	-0.99	-2.33	-0.13	-1.49	-1.78	-0.3
Free Cash Flow	162.9	73.33	28.17	35.26	-42.47	-11.01
Free Cash Flow Growth	2427.28%	160.30%	-20.10%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	19.39%	21.16%	22.27%	20.88%	24.44%	25.65%
Operating Margin	5.62%	2.20%	2.96%	3.89%	6.81%	8.68%
Pretax Margin	0.33%	5.31%	-2.03%	6.52%	6.85%	5.76%
Profit Margin	0.06%	4.65%	-1.55%	5.71%	6.00%	4.87%
FCF Margin	27.01%	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	Oct '26 Oct 26, 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	0.26%	0.18%	0.16%	0.53%	0.71%	0.35%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 26, 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	10825.98	186.50	-	61.89	42.36	95.82
Forward PE	-	75.71	75.71	75.71	75.71	75.71
P/FCF Ratio	24.79	77.94	203.97	75.85	-	-
PS Ratio	6.70	8.68	8.62	3.53	2.54	4.67