SuZhou THVOW Technology. Co., Ltd. (SHE:002564)

China · Delayed Price · Currency is CNY

4.360

+0.030 (0.69%)

Jul 31, 2026, 3:04 PM CST

SuZhou THVOW 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	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	2,532	2,545	2,464	3,771	3,591	6,807
Revenue Growth	3.85%	3.31%	-34.66%	5.01%	-47.25%	-11.74%
Gross Profit	357.17	396.13	395.87	165.73	460.25	1,102
Operating Income	106.75	147.48	187.04	-1,880	104.04	455.73
Net Income	31.84	46.97	24.04	1,198	-2,581	-693.32
Earnings Per Share	0.03	0.05	0.03	1.40	-2.98	-0.80
EPS Growth	4.25%	66.67%	-97.86%	-	-	-

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
National Defense Construction Business	502.68
Power Design System Solutions	99.04
High-End Equipment Manufacturing	1,907
Others	49.49
Intersegment Elimination	-12.93
Total	2,545

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	634.77	845.7	967.38	559.48	1,004	1,484
Total Debt	3,306	3,454	3,598	4,557	13,369	12,928
Net Cash (Debt)	-2,671	-2,608	-2,631	-3,998	-12,365	-11,444
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.89	-2.78	-3.28	-4.67	-14.28	-13.21

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	-1.93	168.54	229.3	290.96	-475.04	-615.48
Capital Expenditures	-13.32	-12.1	-11.3	-34.54	-56.57	-241.13
Free Cash Flow	-15.25	156.45	218	256.41	-531.6	-856.61
Free Cash Flow Growth	-	-28.23%	-14.98%	-	-	-

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	14.11%	15.56%	16.07%	4.40%	12.82%	16.18%
Operating Margin	4.22%	5.79%	7.59%	-49.86%	2.90%	6.69%
Pretax Margin	0.85%	2.30%	1.97%	3.53%	-51.57%	-12.60%
Profit Margin	1.26%	1.85%	0.98%	31.78%	-71.87%	-10.19%
FCF Margin	-0.60%	6.15%	8.85%	6.80%	-14.80%	-12.58%

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	126.56	140.79	159.00	2.75	-	-
Forward PE	-	6.64	6.64	6.64	6.64	6.64
P/FCF Ratio	-	42.27	17.53	12.83	-	-
PS Ratio	1.48	2.60	1.55	0.87	1.30	0.60