Suzhou Veichi Electric Co., Ltd. (SHA:688698)
China flag China · Delayed Price · Currency is CNY
41.89
+1.83 (4.57%)
Sep 14, 2026, 3:00 PM CST

Suzhou Veichi Electric Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 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

Fiscal YearFY 2025
Period EndingDec '25
Inverter
1,246
Servo System and Control System
576.54
Others
9.4
Digital Energy
74.07
Total
1,906

Cash & Debt

Fiscal YearCurrentFY 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

Fiscal YearTTMFY 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

Fiscal YearTTMFY 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

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '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%0.95%0.79%1.25%0.69%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
38.4080.1337.8340.0326.6538.09
Forward PE
28.5668.0428.7526.2818.3728.92
P/FCF Ratio
--12759.14-41.75-
PS Ratio
4.2410.825.655.854.125.90