China Southern Power Grid Technology Co.,Ltd (SHA:688248)

SHA:688248 Financials Overview

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

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	3,556	3,685	3,014	2,537	1,790	1,385
Revenue Growth	24.18%	22.27%	18.77%	41.77%	29.20%	24.29%
Gross Profit Gross Profit Growth	1,070	1,086	929.35	719.77	530.77	408.51
Operating Income Operating Income Growth	381.3	422.13	363.14	266.23	181.5	130.04
Net Income Net Income Growth	402.48	420.84	365.05	281.27	205.74	143.04
Earnings Per Share EPS Growth	0.72	0.75	0.65	0.50	0.36	0.30
EPS Growth	14.38%	15.38%	30.00%	38.89%	20.00%	15.38%

Revenue by Segment

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Fiscal Year	FY 2025
Period Ending	Dec 31, 2025
Energy Storage System Technical Services Energy Storage System Technical Services Growth	942.55
Intelligent Monitoring Equipment Intelligent Monitoring Equipment Growth	526.72
Others Others Growth	39.89
Intelligent Power Distribution Equipment Intelligent Power Distribution Equipment Growth	923.29
Robots and Drones Robots and Drones Growth	315.71
Testing and Commissioning Services Testing and Commissioning Services Growth	936.59
Total Total Growth	3,685

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	1,932	2,182	2,418	2,529	2,409	2,280
Total Debt Total Debt Growth	76.42	86.54	94.24	113.91	27.41	31.62
Net Cash (Debt) Net Cash Growth	1,856	2,095	2,324	2,415	2,382	2,248
Net Cash Growth	-6.78%	-9.83%	-3.78%	1.38%	5.95%	62.16%
Net Cash Per Share Net Cash Per Share Growth	3.32	3.73	4.14	4.29	4.17	4.72

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	600.45	484.76	368.13	520.59	304.22	6.3
Capital Expenditures CapEx Growth	-132.47	-130	-180.41	-122.26	-84.92	-48.77
Free Cash Flow Free Cash Flow Growth	467.99	354.76	187.72	398.33	219.29	-42.47
Free Cash Flow Growth	85.88%	88.98%	-52.87%	81.64%	-	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	30.10%	29.48%	30.84%	28.37%	29.66%	29.49%
Operating Margin	10.72%	11.46%	12.05%	10.49%	10.14%	9.39%
Pretax Margin	12.46%	12.73%	13.62%	12.37%	12.34%	11.38%
Profit Margin	11.32%	11.42%	12.11%	11.09%	11.50%	10.33%
FCF Margin	13.16%	9.63%	6.23%	15.70%	12.25%	-3.07%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.212	0.212	0.270	0.175	0.125	0.085
Dividend Per Share Growth	131.11%	-21.48%	54.29%	40.00%	47.06%	-
Dividend Yield	0.52%	0.48%	0.85%	0.72%	0.22%	0.38%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	56.05	60.03	49.64	50.13	156.72	91.20
Forward PE	40.52	38.97	32.10	23.37	76.45	-
P/FCF Ratio	48.74	71.22	96.53	35.40	147.04	-
PS Ratio	6.41	6.86	6.01	5.56	18.02	9.42

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 3, 2026

Data Sources Report a data error