Zhejiang Hengwei Battery Co., Ltd. (SHE:301222)
China flag China · Delayed Price · Currency is CNY
22.30
+0.80 (3.72%)
At close: Jul 31, 2026

Zhejiang Hengwei Battery Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Revenue
647.43603.2702.04588.12580.27546.89
Revenue Growth
-7.44%-14.08%19.37%1.35%6.10%12.59%
Gross Profit
141.35128.38171163.03146.28136.14
Operating Income
79.8171.53113.54115.16103.1497.42
Net Income
88.3183.38129.67121.66122.7389.67
Earnings Per Share
0.630.590.920.860.920.84
EPS Growth
-23.57%-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 EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Cash & Investments
885.59870.18918.681,0311,043213.85
Total Debt
0.710.720.340.830.30.73
Net Cash (Debt)
884.88869.45918.341,0301,043213.12
Net Cash Growth
-4.75%-5.32%-10.86%-1.20%389.28%33.03%
Net Cash Per Share
6.296.186.537.267.832.00

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Operating Cash Flow
53.9167.1683.61128.63114.2564.14
Capital Expenditures
-49.83-63.31-140.47-99-6.05-11.14
Free Cash Flow
4.083.86-56.8729.63108.252.99
Free Cash Flow Growth
2183.06%---72.62%104.18%-11.40%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Gross Margin
21.83%21.28%24.36%27.72%25.21%24.89%
Operating Margin
12.33%11.86%16.17%19.58%17.77%17.81%
Pretax Margin
14.84%15.23%21.21%23.85%24.27%18.66%
Profit Margin
13.64%13.82%18.47%20.69%21.15%16.40%
FCF Margin
0.63%0.64%-8.10%5.04%18.65%9.69%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022
Period EndingAug '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
1.60%1.77%1.21%1.05%2.09%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
PE Ratio
35.5034.2919.7424.7620.82-
P/FCF Ratio
767.40740.80-101.6823.62-
PS Ratio
4.834.743.655.124.40-