Ningbo Huaxiang Electronic Co., Ltd. (SHE:002048)
China flag China · Delayed Price · Currency is CNY
19.03
+0.27 (1.44%)
Aug 3, 2026, 3:04 PM CST

SHE:002048 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Revenue
25,09426,18626,32423,28219,71617,588
Revenue Growth
-6.69%-0.53%13.07%18.09%12.10%4.12%
Gross Profit
4,0064,1444,1543,7353,2673,299
Operating Income
1,8311,8871,5081,4851,2431,459
Net Income
435.16418.18953.011,030985.121,266
Earnings Per Share
0.530.511.171.271.212.02
EPS Growth
-55.62%-56.41%-7.87%4.96%-40.10%48.53%

Revenue by Geography

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Jan '23 Jan '22
China
21,82520,68518,52317,12715,240
Overseas
3,7505,6404,7602,5902,348
Intersegment elimination
-17.72----
Total
25,55826,32423,28219,71617,588

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Cash & Investments
2,7292,6152,8374,3913,8284,103
Total Debt
1,4681,5222,4161,8521,2231,986
Net Cash (Debt)
1,2611,093420.822,5392,6052,117
Net Cash Growth
91.94%159.83%-83.42%-2.54%23.04%-21.07%
Net Cash Per Share
1.551.330.523.133.203.38

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Operating Cash Flow
2,5752,6532,3143,0361,7882,264
Capital Expenditures
-1,144-1,226-1,551-2,238-1,380-928.55
Free Cash Flow
1,4311,428763.38797.85408.661,336
Free Cash Flow Growth
39.33%87.03%-4.32%95.24%-69.41%-36.53%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Gross Margin
15.96%15.82%15.78%16.04%16.57%18.76%
Operating Margin
7.30%7.21%5.73%6.38%6.30%8.29%
Pretax Margin
4.33%4.11%5.85%7.34%7.50%9.63%
Profit Margin
1.73%1.60%3.62%4.42%5.00%7.20%
FCF Margin
5.70%5.45%2.90%3.43%2.07%7.60%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Dividend Per Share
0.2600.2600.4690.6320.2503.323
Dividend Per Share Growth
-44.56%-44.56%-25.79%152.80%-92.48%564.60%
Dividend Yield
1.39%0.83%3.85%5.27%1.99%17.12%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
PE Ratio
35.6161.1410.6310.1411.3310.70
Forward PE
10.2221.708.717.748.429.04
P/FCF Ratio
10.7817.9113.2713.0927.3110.14
PS Ratio
0.610.980.390.450.570.77