Guangdong Shenglu Telecommunication Tech. Co., Ltd. (SHE:002446)

China · Delayed Price · Currency is CNY

8.17

-0.12 (-1.45%)

Sep 4, 2026, 3:04 PM CST

SHE:002446 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	1,180	1,206	1,082	1,187	1,423	962.08
Revenue Growth	4.12%	11.51%	-8.88%	-16.56%	47.89%	-16.00%
Gross Profit	355.03	365.13	348.21	436.87	553.86	357.92
Operating Income	27.8	39.83	38.8	121.23	264.83	28.6
Net Income	48.53	69.63	-749.45	52.39	243.62	-212.14
Earnings Per Share	0.06	0.08	-0.82	0.06	0.27	-0.23
EPS Growth	-	-	-	-77.78%	-	-

Revenue by Segment

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Communication Equipment	666.16	613.71	607.85	722.67	524.07
Microwave Electronics	540.23	468.15	579.4	700.16	438.01
Total	1,206	1,082	1,187	1,423	962.08

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	903.85	890.27	794.83	895.65	669.81	768.77
Total Debt	579.59	404.19	277.26	325.97	106.97	90.95
Net Cash (Debt)	324.25	486.08	517.57	569.69	562.85	677.82
Net Cash Growth	-25.84%	-6.08%	-9.15%	1.21%	-16.96%	-17.51%
Net Cash Per Share	0.38	0.56	0.57	0.65	0.62	0.73

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	184.02	189.44	172.7	135.14	106.48	-15.35
Capital Expenditures	-135.15	-171.65	-242.24	-226.14	-72.06	-66.07
Free Cash Flow	48.87	17.79	-69.53	-90.99	34.42	-81.42
Free Cash Flow Growth	-	-	-	-	-	-

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	30.09%	30.27%	32.19%	36.80%	38.93%	37.20%
Operating Margin	2.36%	3.30%	3.59%	10.21%	18.61%	2.97%
Pretax Margin	4.05%	5.77%	-70.23%	6.03%	19.15%	-26.51%
Profit Margin	4.11%	5.77%	-69.27%	4.41%	17.12%	-22.05%
FCF Margin	4.14%	1.47%	-6.43%	-7.66%	2.42%	-8.46%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 5, 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
PE Ratio	142.49	137.76	-	144.80	35.78	-
Forward PE	-	37.56	27.58	21.28	28.97	29.50
P/FCF Ratio	152.67	539.08	-	-	253.28	-
PS Ratio	6.32	7.95	5.54	6.39	6.13	5.72