Shanghai STEP Electric Corporation (SHE:002527)

China · Delayed Price · Currency is CNY

10.96

+0.50 (4.78%)

Jul 31, 2026, 3:04 PM CST

Shanghai STEP Electric 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	Mar '26 Mar 31, 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	3,614	3,535	3,357	3,387	3,097	4,264
Revenue Growth	4.55%	5.29%	-0.89%	9.37%	-27.37%	7.76%
Gross Profit	616.15	592.47	520.6	440.43	451.85	823.86
Operating Income	-29.37	-16.43	-99.15	-210.04	-203.5	184.86
Net Income	6.13	5.51	-288.08	-379.03	-1,057	150.17
Earnings Per Share	0.01	0.01	-0.44	-0.57	-1.61	0.24
EPS Growth	-	-	-	-	-	71.43%

Revenue by Geography

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
China	3,243	3,082	3,154	2,922	4,090
Overseas	291.46	275.45	233.94	175.44	173.93
Total	3,535	3,357	3,387	3,097	4,264

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	420.19	442.28	655.63	529.44	1,331	1,380
Total Debt	919.92	914.47	1,165	1,277	1,593	1,342
Net Cash (Debt)	-499.73	-472.18	-509.2	-747.17	-261.75	38.75
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.75	-0.71	-0.78	-1.12	-0.40	0.06

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	5.83	110.73	111.19	160.07	-288.97	166.5
Capital Expenditures	-28.06	-32.57	-17.43	-32.33	-80.73	-89.15
Free Cash Flow	-22.22	78.16	93.76	127.74	-369.7	77.35
Free Cash Flow Growth	-	-16.64%	-26.60%	-	-	-42.31%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	17.05%	16.76%	15.51%	13.00%	14.59%	19.32%
Operating Margin	-0.81%	-0.46%	-2.95%	-6.20%	-6.57%	4.33%
Pretax Margin	0.41%	0.37%	-8.08%	-11.16%	-33.21%	5.16%
Profit Margin	0.17%	0.16%	-8.58%	-11.19%	-34.13%	3.52%
FCF Margin	-0.61%	2.21%	2.79%	3.77%	-11.94%	1.81%

Dividends

Fiscal Year	FY 2021
Period Ending	Jan '22 Jan 1, 2022
Dividend Per Share	0.070
Dividend Per Share Growth	75.00%
Dividend Yield	0.85%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 2, 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	1186.10	2135.67	-	-	-	36.47
Forward PE	-	26.50	26.50	26.50	26.50	26.13
P/FCF Ratio	-	150.49	62.09	50.79	-	70.81
PS Ratio	2.01	3.33	1.73	1.92	1.31	1.28