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Suzhou Veichi Electric Co., Ltd. (SHA:688698)
China flag China · Delayed Price · Currency is CNY
42.00
+5.49 (15.04%)
Oct 23, 2026, 3:00 PM CST

Suzhou Veichi Electric Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,1151,9461,6401,305905.99818.87
Revenue Growth
19.74%18.66%25.70%44.03%10.64%43.10%
Gross Profit
723.38721.26635.8486.92320.46265.78
Operating Income
217.75242.29214.64175.93110.04115.76
Net Income
232.11262.77245.03190.8139.9126.74
Earnings Per Share
1.091.241.161.010.780.70
EPS Growth
-8.32%6.90%14.85%29.49%11.43%7.69%

Revenue by Segment
Chart
Fiscal Year
FY 2025
Period EndingDec '25
Inverter
1,246
Servo System and Control System
576.54
Digital Energy
74.07
Others
9.4
Total
1,906

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
801.271,140435.97493422.48268.45
Total Debt
96.54182.4581.8534.9328.820.79
Net Cash (Debt)
704.73957.11354.11458.07393.66267.66
Net Cash Growth
54.66%170.29%-22.70%16.36%47.08%-46.88%
Net Cash Per Share
3.314.521.682.422.191.48

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-45.583.62201.035.28179.930.07
Capital Expenditures
-123.17-143.2-200.3-182.49-90.61-41.45
Free Cash Flow
-168.67-59.580.73-177.289.29-11.38
Free Cash Flow Growth
------

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
34.20%37.06%38.76%37.32%35.37%32.46%
Operating Margin
10.29%12.45%13.09%13.48%12.15%14.14%
Pretax Margin
11.19%13.97%14.86%15.26%16.25%16.71%
Profit Margin
10.97%13.50%14.94%14.62%15.44%15.48%
FCF Margin
-7.97%-3.06%0.04%-13.58%9.86%-1.39%

Dividends
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.5000.5000.4120.2800.2500.176
Dividend Per Share Growth
21.36%21.36%47.14%12.00%42.05%44.26%
Dividend Yield
1.19%0.51%0.94%0.77%1.21%0.66%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
38.5080.1337.8340.0326.6538.09
Forward PE
28.6468.0428.7526.2818.3728.92
P/FCF Ratio
--12759.14-41.75-
PS Ratio
4.2510.825.655.854.125.90