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

China · Delayed Price · Currency is CNY

5.23

-0.08 (-1.51%)

Sep 11, 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	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	1,197	804.33	1,184	671.06	1,476	7,066
Revenue Growth	20.84%	-32.08%	76.48%	-54.53%	-79.11%	-7.54%
Gross Profit	299.34	218.86	140.45	-38.88	121.96	89.39
Operating Income	120.19	61.87	-118.68	-493.57	-165.4	-267.2
Net Income	102.64	66.72	123.04	-811	-178.59	-1,408
Earnings Per Share	0.10	0.07	0.12	-0.80	-0.18	-1.40
EPS Growth	-15.98%	-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	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	892.72	905.53	907.71	470.35	476.62	295.82
Total Debt	166.24	84.69	111.11	176.86	333.64	425.67
Net Cash (Debt)	726.49	820.84	796.61	293.49	142.98	-129.84
Net Cash Growth	29.36%	3.04%	171.42%	105.26%	-	-
Net Cash Per Share	0.72	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	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	116.88	-56.85	242.84	212.11	271.22	-213.2
Capital Expenditures	-138.72	-79.63	-168.72	-407.42	-26.44	-49.55
Free Cash Flow	-21.84	-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	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	25.00%	27.21%	11.86%	-5.79%	8.26%	1.26%
Operating Margin	10.04%	7.69%	-10.02%	-73.55%	-11.21%	-3.78%
Pretax Margin	4.08%	0.35%	10.46%	-138.36%	-12.92%	-19.73%
Profit Margin	8.57%	8.30%	10.39%	-120.85%	-12.10%	-19.92%
FCF Margin	-1.82%	-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	Sep '26 Sep 12, 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	51.40	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	4.40	9.38	5.73	5.36	2.55	0.54