Shenzhen Highpower Technology Co. Ltd. A

001283 · SHE · Industrials / Electrical Equipment & Parts

51.84CNY-3.20 (-5.81%)

Price History

Full chart

Market Stats

Previous Close55.04

Open55.97

Day Range51.59 – 56.10

52-Week Range38.23 – 63.45

Volume9.14M

Market Cap6.10B

P/E (TTM)25.44

Forward P/E0.00

EPS1.85

Dividend Yield0.81%

Beta0.41

50-Day Avg45.12

200-Day Avg50.85

About

Shenzhen Highpower Technology Co., Ltd. engages in the research, design, development, manufacture, and sale of lithium-ion and nickel-metal hydride (Ni-MH) batteries in China and internationally. The company provides lithium and nickel-metal hydride batteries, battery systems, and energy storage battery solutions, as well as battery recycling and re-utilization services. Its products are used in various applications, including smart wearable devices, Bluetooth speakers, tablet PCs/laptops, smartphones, personal care, robotic cleaners, UAVs, smart medical devices, LEVs, garden tools, handheld devices, smart security equipment, energy storage systems, vehicle backup power products, and solar street lamps, as well as consumer markets. The company was formerly known as Guangzhou Highpower Technology Co., Ltd. Shenzhen Highpower Technology Co., Ltd. was founded in 2002 and is headquartered in Shenzhen, China.

Company Details

SectorIndustrials
IndustryElectrical Equipment & Parts
CEOMr. Dangyu Pan
Employees7.11K
HeadquartersBuilding 1, Shenzhen, China, 518111, China
Websitehttps://www.highpowertech.com

Leadership

Mr. Dangyu PanGM & Chairman of the Board · b. 1968
Ms. Kiki QinFinancial Director & Accounting Supervisor · b. 1985
Mr. Xingqun LiaoDeputy GM, CTO & Director · b. 1979
Mr. Yujie GuoChief Product & User Officer and Director · b. 1977
Ms. Ping ChenBoard Secretary & Director · b. 1991

Financials

Income Statement

Currency: CNY	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	1.91B	2.07B	2.62B	3.32B	3.51B	4.54B	5.11B	5.87B
Growth (%)	-	+8.15%	+26.70%	+26.46%	+5.65%	+29.53%	+12.50%	+14.84%
Cost of Revenue	1.53B	1.52B	1.88B	2.63B	2.79B	3.67B	4.22B	4.71B
Gross Profit	381.47M	552.31M	741.00M	691.36M	719.01M	874.07M	886.48M	1.16B
Gross Margin	19.92%	26.67%	28.24%	20.84%	20.51%	19.25%	17.35%	19.78%
Operating Expense	288.98M	370.50M	451.78M	423.21M	563.59M	850.89M	820.83M	790.89M
Operating Income	92.49M	181.81M	289.22M	268.15M	155.42M	23.18M	65.66M	369.61M
Operating Margin	4.83%	8.78%	11.02%	8.08%	4.43%	0.51%	1.29%	6.30%
EBITDA	126.58M	235.95M	357.06M	369.49M	310.77M	240.09M	465.21M	626.08M
EBITDA Margin	6.61%	11.39%	13.61%	11.14%	8.86%	5.29%	9.11%	10.67%
Net Income	79.95M	150.81M	167.30M	253.88M	159.13M	50.30M	91.25M	203.07M
Net Income Margin	4.18%	7.28%	6.38%	7.65%	4.54%	1.11%	1.79%	3.46%
R&D	83.74M	110.03M	148.19M	180.62M	215.00M	333.23M	300.87M	322.73M
R&D as % of Total Revenue	4.37%	5.31%	5.65%	5.44%	6.13%	7.34%	5.89%	5.50%
Interest Expense	2.32M	12.30M	11.23M	26.37M	37.13M	48.39M	114.20M	86.76M
Interest Expense % of Total Revenue	0.12%	0.59%	0.43%	0.79%	1.06%	1.07%	2.24%	1.48%

Balance Sheet

Currency: CNY	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.98B	1.87B	2.72B	3.58B	4.91B	8.55B	8.79B	8.55B
Total Liabilities	1.48B	1.21B	1.82B	2.43B	2.66B	5.99B	6.37B	5.04B
Total Equity	502.55M	655.05M	897.54M	1.15B	2.25B	2.56B	2.43B	3.51B
Cash	466.50M	401.72M	503.19M	447.04M	1.01B	2.18B	1.06B	1.20B
Total Debt	206.81M	166.76M	208.42M	583.80M	688.70M	2.32B	2.42B	-
Net Debt	-259.70M	-234.97M	-294.76M	136.76M	-317.07M	137.64M	1.36B	239.04M

Cash Flow

Currency: CNY	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	46.05M	328.66M	338.82M	132.01M	334.67M	237.53M	468.73M	756.69M
Investing Cash Flow	-107.56M	-143.87M	-410.93M	-488.20M	-828.49M	-1.39B	-1.15B	-
Financing Cash Flow	147.98M	-124.98M	126.47M	253.93M	989.68M	1.73B	-154.93M	-
Capital Expenditure	96.51M	118.07M	436.35M	556.23M	708.43M	1.39B	1.02B	713.18M
Free Cash Flow	-50.46M	210.58M	-97.52M	-424.23M	-373.75M	-1.15B	-547.66M	43.51M
Dividends Paid	9.78M	14.30M	223.70M	13.97M	33.30M	60.79M	91.09M	82.72M
FCF to OCF	-109.57%	64.07%	-28.78%	-321.37%	-111.68%	-484.62%	-116.84%	5.75%
Dividend Paid to FCF	-19.38%	6.79%	-229.38%	-3.29%	-8.91%	-5.28%	-16.63%	190.09%

Earnings

Report Date	Oct 27, 2022	Mar 28, 2023	Apr 28, 2023	Aug 10, 2023	Oct 27, 2023	Apr 26, 2024	Aug 19, 2024	Oct 28, 2024	Apr 27, 2025	Aug 19, 2025	Oct 30, 2025	Apr 29, 2026	Aug 25, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.78	0.13	0.02	0.29	0.40	0.04	0.31	0.65	0.42	0.67	0.74	0.32	0.63
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	-	-	-	-

Key Statistics & Ratios

Market Cap6.10B

Enterprise Value7.43B

Trailing P/E25.44

Forward P/E0.00

Price / Sales0.97

Price / Book1.70

EPS1.85

Book Value26.92

Revenue (TTM)6.29B

Gross Profit (TTM)1.23B

EBITDA640.98M

Profit Margin3.65%

Operating Margin4.74%

Return on Equity7.63%

Return on Assets2.19%

Shares Outstanding129.68M

Shares Float96.81M

Beta0.41

Dividend Yield0.81%

Dividend Rate0.38

Payout Ratio22.51%

Dividends

20261×

0.38May 26, 2026

20251×

0.37Jun 12, 2025

20241×

0.37Jun 18, 2024

20231×

0.23May 17, 2023

Stock Splits

May 26, 20261.3:1