Wuxi Huadong Heavy Machinery Co., Ltd. (SHE:002685)

China · Delayed Price · Currency is CNY

5.20

+0.11 (2.16%)

Jul 31, 2026, 3:04 PM CST

SHE:002685 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	1,141	804.33	1,184	671.06	1,476	7,066
Revenue Growth	-8.47%	-32.08%	76.48%	-54.53%	-79.11%	-7.54%
Gross Profit	284.87	218.86	140.45	-38.88	121.96	89.39
Operating Income	98.91	61.87	-118.68	-493.57	-165.4	-267.2
Net Income	86.49	66.72	123.04	-811	-178.59	-1,408
Earnings Per Share	0.09	0.07	0.12	-0.80	-0.18	-1.40
EPS Growth	-36.68%	-45.78%	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Photovoltaic Cell Modules	2.18
High-End Container Handling Equipment	795.35
Chip Sector	7.49
Intersegment elimination	-0.69
Total	804.33

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	894.15	905.53	907.71	470.35	476.62	295.82
Total Debt	100.09	84.69	111.11	176.86	333.64	425.67
Net Cash (Debt)	794.07	820.84	796.61	293.49	142.98	-129.84
Net Cash Growth	18.55%	3.04%	171.42%	105.26%	-	-
Net Cash Per Share	0.79	0.81	0.79	0.29	0.14	-0.13

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	37.46	-56.85	242.84	212.11	271.22	-213.2
Capital Expenditures	-102.85	-79.63	-168.72	-407.42	-26.44	-49.55
Free Cash Flow	-65.39	-136.48	74.12	-195.31	244.77	-262.74
Free Cash Flow Growth	-	-	-	-	-	-

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	24.96%	27.21%	11.86%	-5.79%	8.26%	1.26%
Operating Margin	8.67%	7.69%	-10.02%	-73.55%	-11.21%	-3.78%
Pretax Margin	1.75%	0.35%	10.46%	-138.36%	-12.92%	-19.73%
Profit Margin	7.58%	8.30%	10.39%	-120.85%	-12.10%	-19.92%
FCF Margin	-5.73%	-16.97%	6.26%	-29.10%	16.59%	-3.72%

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	60.60	113.12	55.12	-	-	-
Forward PE	-	6.55	6.55	6.55	6.55	6.55
P/FCF Ratio	-	-	91.50	-	15.36	-
PS Ratio	4.59	9.38	5.73	5.36	2.55	0.54