Shenzhen Honor Electronic Co., Ltd. (SHE:300870)

Shenzhen Honor Electronic Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Revenue Revenue Growth	4,615	4,462	3,798	2,870	2,703	2,572
Revenue Growth	15.67%	17.50%	32.32%	6.17%	5.10%	23.45%
Gross Profit Gross Profit Growth	879.56	872.06	788.44	550.15	476.49	394.72
Operating Income Operating Income Growth	259.77	305.81	296.17	78.38	59.99	102.98
Net Income Net Income Growth	181.89	244	267.99	195.73	90.42	111.09
Earnings Per Share EPS Growth	1.22	1.63	1.92	1.38	0.64	0.79
EPS Growth	-40.01%	-15.24%	39.37%	116.86%	-19.09%	-52.18%

Revenue by Segment

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Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Power Adapter Power Adapter Growth	1,780	1,673	1,594	1,761	1,805
Data Center Power Supply Business Data Center Power Supply Business Growth	2,015	1,459	810.72	596.53	288.26
Other Power Supply Other Power Supply Growth	634.84	648.56	436.13	330.82	471.37
Other Operations Other Operations Growth	31.92	17.53	29.61	14.8	7.78
Total Total Growth	4,462	3,798	2,870	2,703	2,572

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Cash & Investments Cash & Investments Growth	1,392	1,379	1,377	669.08	587.89	993.01
Total Debt Total Debt Growth	724	628.26	1,144	506.16	593.16	426.86
Net Cash (Debt) Net Cash Growth	668.09	751	233.34	162.92	-5.26	566.15
Net Cash Growth	6.05%	221.84%	43.22%	-	-	-47.17%
Net Cash Per Share Net Cash Per Share Growth	4.47	5.01	1.67	1.15	-0.04	4.00

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	236.55	429.34	397.06	392.37	137.33	161.95
Capital Expenditures CapEx Growth	-302.22	-313.73	-294.1	-288.54	-641.15	-518.73
Free Cash Flow Free Cash Flow Growth	-65.67	115.6	102.96	103.84	-503.81	-356.78
Free Cash Flow Growth	-	12.28%	-0.85%	-	-	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Gross Margin	19.06%	19.54%	20.76%	19.17%	17.63%	15.35%
Operating Margin	5.63%	6.85%	7.80%	2.73%	2.22%	4.00%
Pretax Margin	4.62%	6.21%	7.90%	7.35%	4.06%	4.86%
Profit Margin	3.94%	5.47%	7.06%	6.82%	3.35%	4.32%
FCF Margin	-1.42%	2.59%	2.71%	3.62%	-18.64%	-13.87%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.531	0.531	0.643	0.243	0.065	0.094
Dividend Per Share Growth	-3.71%	-17.45%	164.68%	273.69%	-31.07%	-59.99%
Dividend Yield	0.30%	0.34%	0.85%	0.78%	0.21%	0.16%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
PE Ratio	145.21	98.00	39.66	22.52	49.11	76.30
Forward PE	68.71	60.40	40.18	26.79	27.38	-
P/FCF Ratio	-	206.85	103.24	42.44	-	-
PS Ratio	5.75	5.36	2.80	1.54	1.64	3.30

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 29, 2026

Data Sources Report a data error