Zhejiang Hengwei Battery Co., Ltd. (SHE:301222)
China flag China · Delayed Price · Currency is CNY
24.83
+1.24 (5.26%)
At close: Sep 14, 2026

Zhejiang Hengwei Battery Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Revenue
686.8603.2702.04588.12580.27546.89
Revenue Growth
3.48%-14.08%19.37%1.35%6.10%12.59%
Gross Profit
151.56128.38171163.03146.28136.14
Operating Income
90.6871.53113.54115.16103.1497.42
Net Income
91.2283.38129.67121.66122.7389.67
Earnings Per Share
0.650.590.920.860.920.84
EPS Growth
-12.54%-35.65%7.50%-6.98%9.33%-7.09%

Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Jan '23 Jan '22
Alkaline Battery
420.99546.36466.01448.81404.84
Carbon Battery
158.57136.54112.49119.52133.2
Others
23.6419.149.6211.938.86
Total
603.2702.04588.12580.27546.89

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Cash & Investments
839.88870.18918.681,0311,043213.85
Total Debt
0.070.720.340.830.30.73
Net Cash (Debt)
839.8869.45918.341,0301,043213.12
Net Cash Growth
-8.82%-5.32%-10.86%-1.20%389.28%33.03%
Net Cash Per Share
5.976.186.537.267.832.00

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Operating Cash Flow
17.0267.1683.61128.63114.2564.14
Capital Expenditures
-22.55-63.31-140.47-99-6.05-11.14
Free Cash Flow
-5.533.86-56.8729.63108.252.99
Free Cash Flow Growth
----72.62%104.18%-11.40%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Gross Margin
22.07%21.28%24.36%27.72%25.21%24.89%
Operating Margin
13.20%11.86%16.17%19.58%17.77%17.81%
Pretax Margin
14.36%15.23%21.21%23.85%24.27%18.66%
Profit Margin
13.28%13.82%18.47%20.69%21.15%16.40%
FCF Margin
-0.80%0.64%-8.10%5.04%18.65%9.69%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Jan '23
Dividend Per Share
0.3570.3570.2140.2140.357
Dividend Per Share Growth
133.33%66.64%0%-39.99%-
Dividend Yield
1.47%1.77%1.21%1.05%2.09%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
PE Ratio
38.2834.2919.7424.7620.82-
P/FCF Ratio
-740.80-101.6823.62-
PS Ratio
5.074.743.655.124.40-