CSG Digital Power Grid Research Institute Co.,Ltd. (SHE:301638)

China · Delayed Price · Currency is CNY

17.33

-0.62 (-3.45%)

At close: Oct 30, 2026

SHE:301638 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
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	7,900	7,217	6,090	4,234	5,686
Revenue Growth	16.83%	18.52%	43.81%	-25.53%	-
Gross Profit	2,360	2,061	1,778	1,383	1,740
Operating Income	837.22	684.83	603.32	371.47	636.33
Net Income	752.1	629.8	570.31	377.44	653.25
Earnings Per Share	0.24	0.23	0.21	0.16	0.33
EPS Growth	-14.64%	9.52%	31.25%	-51.01%	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
South China	5,824	5,239	4,562
Southwest	1,704	1,563	1,033
North China	-	57.08	342
East China	-	187.03	100.94
Central China	-	157.75	49.39
Northwest	-	2.4	2.1
Northeast	-	10.86	0.02
Overseas	-	0.3	0.02
Total	7,985	7,217	6,090

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Investments	3,683	8,478	5,645	4,889	253.62
Total Debt	253.97	261.64	199.29	167.83	611.66
Net Cash (Debt)	3,429	8,216	5,446	4,721	-358.04
Net Cash Growth	-24.16%	50.87%	15.36%	-	-
Net Cash Per Share	1.11	3.00	2.01	2.06	-0.18

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Cash Flow	1,276	1,732	1,364	2,494	513.1
Capital Expenditures	-1,042	-1,387	-532.74	-311.6	-508.49
Free Cash Flow	233.94	345.34	831.71	2,182	4.6
Free Cash Flow Growth	-70.76%	-58.48%	-61.89%	47300.72%	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Gross Margin	29.88%	28.55%	29.19%	32.65%	30.59%
Operating Margin	10.60%	9.49%	9.91%	8.77%	11.19%
Pretax Margin	10.74%	9.96%	10.77%	10.27%	14.21%
Profit Margin	9.52%	8.73%	9.37%	8.91%	11.49%
FCF Margin	2.96%	4.78%	13.66%	51.54%	0.08%

Dividends

Fiscal Year	Current	FY 2025
Period Ending	Nov '26 Nov 1, 2026	Dec '25 Dec 31, 2025
Dividend Per Share	0.060	0.060
Dividend Per Share Growth	0%	-
Dividend Yield	0.35%	0.32%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov '26 Nov 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
PE Ratio	71.59	94.97	-	-	-
P/FCF Ratio	235.54	173.19	-	-	-
PS Ratio	6.98	8.29	-	-	-