Sunsea AIoT Technology Co., Ltd. (SHE:002313)

China · Delayed Price · Currency is CNY

8.66

+0.07 (0.81%)

Aug 14, 2026, 3:04 PM CST

Sunsea AIoT Technology 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Revenue	2,898	2,754	2,978	2,830	3,361	4,715
Revenue Growth	8.16%	-7.50%	5.22%	-15.80%	-28.72%	24.61%
Gross Profit	414.26	428.82	529.49	442.2	229.27	766.47
Operating Income	-62.63	-95.75	-4.64	-203.27	-872.57	-21.3
Net Income	-169.88	-227.85	-133.73	-364.53	-1,275	-162.83
Earnings Per Share	-0.45	-0.61	-0.36	-0.97	-3.41	-0.43
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Communication Infrastructure Equipment	338.39	394.44
Communication Engineering Services	459.14	695.98
Others	70.07	70.06
Wireless Communication Module	1,887	1,817
Total	2,754	2,978

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Investments	179.36	483.49	281.32	185.66	416.24	765.05
Total Debt	1,199	1,319	1,754	1,715	1,746	2,359
Net Cash (Debt)	-1,020	-835.9	-1,473	-1,529	-1,330	-1,594
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.73	-2.24	-3.96	-4.07	-3.56	-4.21

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Cash Flow	-180.05	179.11	41.78	-181.3	473.05	440
Capital Expenditures	-37.69	-40.78	-43.91	-10.86	-23.89	-418.75
Free Cash Flow	-217.74	138.33	-2.13	-192.15	449.17	21.26
Free Cash Flow Growth	-	-	-	-	2013.13%	-

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Gross Margin	14.29%	15.57%	17.78%	15.63%	6.82%	16.26%
Operating Margin	-2.16%	-3.48%	-0.16%	-7.18%	-25.96%	-0.45%
Pretax Margin	-6.94%	-9.57%	-4.52%	-13.59%	-40.83%	-3.74%
Profit Margin	-5.86%	-8.27%	-4.49%	-12.88%	-37.95%	-3.45%
FCF Margin	-7.51%	5.02%	-0.07%	-6.79%	13.36%	0.45%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 15, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Forward PE	-	23.75	23.75	23.75	23.75	23.75
P/FCF Ratio	-	27.58	-	-	4.68	200.80
PS Ratio	1.12	1.39	0.99	1.51	0.63	0.91