Shennan Circuits Co Ltd Class A

002916 · SHE · Technology / Electronic Components

208.22CNY-23.12 (-9.99%)

Price History

Full chart

Market Stats

Previous Close231.34

Open233.01

Day Range208.21 – 236.00

52-Week Range181.26 – 484.57

Volume15.93M

Market Cap158.70B

P/E (TTM)30.82

Forward P/E16.72

EPS7.56

Dividend Yield1.03%

Beta1.52

50-Day Avg349.29

200-Day Avg326.59

About

Shennan Circuits Co., Ltd. engages in the design, manufacture, and sale of printed circuit boards, packaging substrates, and electronic assemblies in China and internationally. It operates through Packaging Substrates, Packaging Substrates, and Distribution Substrates segments. The company provides RF and microwave, thermal management, miniaturization, and chip package substrate solutions. It also offers schematic design, PCB / SiP design, PCB / SUB production, electronic assembly, package testing, and other value creations. The company was formerly known as CATIC Shenzhen Shennan Circuit Company and changed its name to Shennan Circuits Co., Ltd. in January 2000. The company was incorporated in 1984 and is headquartered in Shenzhen, China. Shennan Circuits Co., Ltd. operates as a subsidiary of AVIC International Holdings Limited.

Company Details

SectorTechnology
IndustryElectronic Components
CEOMr. Zhiqin Yang
Employees21.21K
HeadquartersNo. 1639 Yanlong Avenue, Shenzhen, China, 518117, China
Websitehttps://www.scc.com.cn

Leadership

Mr. Zhiqin YangGM & Director · b. 1978
Mr. Zhiyong LouChief Accountant · b. 1976
Ms. Lijun ZhangDeputy GM, General Counsel & Secretary of the Board of Directors · b. 1974
Mr. Hua MiaoDeputy GM & Chief Engineer · b. 1977
Mr. Li ChenDeputy General Manager · b. 1981

Financials

Income Statement

Currency: CNY	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	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	798.32M	971.08M	1.20B	1.65B	2.18B	2.63B	3.64B	3.52B	4.60B	5.69B	7.60B	10.52B	11.60B	13.94B	13.99B	13.53B	17.91B	23.65B
Growth (%)	-	+21.64%	+23.90%	+37.18%	+32.14%	+20.50%	+38.43%	-3.28%	+30.69%	+23.67%	+33.68%	+38.44%	+10.23%	+20.19%	+0.36%	-3.33%	+32.39%	+32.05%
Cost of Revenue	568.54M	720.19M	920.02M	1.24B	1.74B	1.97B	2.87B	2.80B	3.69B	4.44B	5.89B	7.81B	8.65B	10.79B	10.60B	10.52B	13.66B	16.95B
Gross Profit	229.78M	250.88M	283.16M	408.74M	443.38M	657.22M	767.47M	715.58M	906.19M	1.25B	1.71B	2.72B	2.95B	3.15B	3.40B	3.00B	4.24B	6.70B
Gross Margin	28.78%	25.84%	23.53%	24.76%	20.33%	25.01%	21.10%	20.34%	19.71%	22.01%	22.48%	25.83%	25.44%	22.62%	24.27%	22.20%	23.70%	28.32%
Operating Expense	93.59M	155.90M	165.01M	241.30M	365.56M	505.44M	600.12M	618.96M	654.61M	749.84M	925.39M	1.30B	1.33B	1.54B	1.67B	1.61B	2.22B	3.06B
Operating Income	136.19M	94.98M	118.16M	167.44M	77.82M	151.78M	167.35M	96.62M	251.58M	501.66M	783.88M	1.42B	1.62B	1.62B	1.72B	1.40B	2.03B	3.64B
Operating Margin	17.06%	9.78%	9.82%	10.14%	3.57%	5.77%	4.60%	2.75%	5.47%	8.82%	10.31%	13.47%	14.01%	11.60%	12.31%	10.33%	11.33%	15.37%
EBITDA	136.88M	109.08M	215.46M	292.29M	381.76M	252.54M	271.74M	206.13M	650.14M	863.28M	1.17B	1.85B	2.22B	2.28B	2.56B	2.19B	3.36B	5.33B
EBITDA Margin	17.15%	11.23%	17.91%	17.71%	17.50%	9.61%	7.47%	5.86%	14.14%	15.18%	15.38%	17.62%	19.15%	16.37%	18.27%	16.18%	18.77%	22.54%
Net Income	121.43M	87.80M	115.70M	151.66M	139.74M	168.40M	190.72M	161.69M	274.16M	448.08M	697.25M	1.23B	1.43B	1.48B	1.64B	1.40B	1.88B	3.28B
Net Income Margin	15.21%	9.04%	9.62%	9.19%	6.41%	6.41%	5.24%	4.60%	5.96%	7.88%	9.17%	11.71%	12.33%	10.62%	11.73%	10.34%	10.48%	13.85%
R&D	-	39.99M	46.14M	-	98.30M	-	214.84M	198.61M	230.63M	292.95M	346.66M	536.54M	644.67M	782.42M	819.58M	1.07B	1.27B	1.59B
R&D as % of Total Revenue	-	4.12%	3.83%	-	4.51%	-	5.91%	5.64%	5.02%	5.15%	4.56%	5.10%	5.56%	5.61%	5.86%	7.93%	7.10%	6.73%
Interest Expense	0	0	13.70M	19.54M	44.26M	59.33M	76.72M	89.31M	109.53M	86.41M	85.02M	85.60M	116.22M	95.08M	96.07M	72.16M	84.41M	77.60M
Interest Expense % of Total Revenue	0.00%	0.00%	1.14%	1.18%	2.03%	2.26%	2.11%	2.54%	2.38%	1.52%	1.12%	0.81%	1.00%	0.68%	0.69%	0.53%	0.47%	0.33%

Balance Sheet

Currency: CNY	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	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	1.06B	1.32B	1.54B	2.17B	2.61B	3.29B	4.05B	4.77B	5.14B	7.44B	8.53B	12.22B	14.06B	16.79B	20.73B	22.61B	25.30B	30.58B
Total Liabilities	595.87M	764.56M	871.01M	1.34B	1.68B	2.08B	2.49B	3.41B	3.56B	4.28B	4.80B	7.22B	6.62B	8.27B	8.48B	9.42B	10.66B	13.40B
Total Equity	466.90M	554.70M	670.40M	832.63M	923.44M	1.16B	1.30B	1.36B	1.58B	3.17B	3.73B	5.00B	7.44B	8.52B	12.25B	13.18B	14.62B	17.15B
Cash	153.36M	111.91M	199.41M	235.80M	201.13M	147.35M	164.33M	126.27M	185.29M	1.59B	650.08M	1.44B	506.88M	619.60M	1.91B	852.68M	1.55B	998.45M
Total Debt	381.06M	421.71M	450.95M	419.60M	905.93M	763.71M	668.63M	1.40B	1.42B	1.26B	1.04B	2.41B	1.34B	1.75B	1.20B	2.83B	2.59B	2.74B
Net Debt	227.69M	309.80M	251.54M	183.80M	704.80M	616.36M	504.30M	1.27B	1.24B	-337.39M	390.97M	963.95M	828.19M	1.13B	-713.18M	1.97B	1.04B	1.74B

Cash Flow

Currency: CNY	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	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	112.21M	158.71M	167.05M	233.30M	87.84M	547.72M	469.47M	572.82M	802.24M	896.00M	879.13M	1.26B	1.80B	2.34B	3.18B	2.59B	2.98B	3.84B
Investing Cash Flow	-429.05M	-214.20M	-116.23M	-230.20M	-334.84M	-394.68M	-848.92M	-1.15B	-489.11M	-530.94M	-1.34B	-2.00B	-2.63B	-2.48B	-3.61B	-3.56B	-1.93B	-3.76B
Financing Cash Flow	339.16M	14.30M	36.60M	34.57M	215.87M	-125.97M	369.17M	561.26M	-253.68M	983.16M	-490.57M	1.52B	-70.77M	260.77M	1.70B	-89.31M	-388.75M	-649.52M
Capital Expenditure	429.96M	214.21M	117.80M	230.20M	334.84M	440.17M	851.11M	861.82M	488.63M	532.07M	1.18B	2.18B	2.49B	2.66B	3.38B	3.25B	2.53B	3.77B
Free Cash Flow	-317.74M	-55.50M	49.25M	3.10M	-246.99M	107.55M	-381.64M	-289.00M	313.61M	363.93M	-305.17M	-919.84M	-685.97M	-316.51M	-197.91M	-660.41M	455.76M	72.91M
Dividends Paid	33.28M	21.26M	20.78M	48.02M	94.36M	121.59M	102.29M	128.41M	130.34M	195.24M	206.60M	212.10M	390.26M	464.85M	487.24M	512.88M	542.92M	844.78M
FCF to OCF	-283.16%	-34.97%	29.48%	1.33%	-281.17%	19.64%	-81.29%	-50.45%	39.09%	40.62%	-34.71%	-72.84%	-38.11%	-13.52%	-6.22%	-25.51%	15.28%	1.90%
Dividend Paid to FCF	-10.47%	-38.30%	42.19%	1549.01%	-38.20%	113.05%	-26.80%	-44.43%	41.56%	53.65%	-67.70%	-23.06%	-56.89%	-146.87%	-246.19%	-77.66%	119.12%	1158.65%

Earnings

Report Date	Mar 14, 2018	Apr 21, 2018	Aug 3, 2018	Oct 22, 2018	Feb 25, 2019	Apr 8, 2019	Aug 9, 2019	Oct 29, 2019	Feb 28, 2020	Apr 9, 2020	Aug 19, 2020	Oct 27, 2020	Mar 12, 2021	Apr 12, 2021	Aug 19, 2021	Oct 29, 2021	Mar 14, 2022	Apr 12, 2022	Aug 18, 2022	Oct 27, 2022	Mar 14, 2023	Apr 26, 2023	Aug 23, 2023	Oct 26, 2023	Mar 14, 2024	Apr 15, 2024	Aug 27, 2024	Oct 28, 2024	Mar 12, 2025	Apr 18, 2025	Aug 27, 2025	Oct 30, 2025	Mar 12, 2026	Apr 23, 2026	Aug 26, 2026	Oct 23, 2026
EPS Estimate	-	-	-	-	-	-	0.34	0.40	0.78	0.45	0.60	0.93	0.64	0.49	0.50	0.87	0.84	0.52	0.82	1.02	0.82	0.49	0.71	0.55	0.71	0.60	0.52	0.63	0.67	0.90	1.18	1.36	1.50	1.42	1.95	2.30
EPS Actual	0.23	0.25	0.35	0.41	0.48	0.40	0.43	0.63	0.76	0.45	0.66	0.77	0.69	0.32	0.43	0.95	0.92	0.49	0.58	0.84	0.89	0.31	0.52	0.47	0.96	0.50	0.85	0.71	0.55	0.95	0.97	1.37	1.40	1.25	2.06	2.71
Surprise	-	-	-	-	-	-	26.47%	57.50%	-2.56%	0.00%	10.00%	-17.20%	7.81%	-34.69%	-14.00%	9.20%	9.52%	-5.77%	-29.27%	-17.65%	8.54%	-36.73%	-26.76%	-14.55%	35.21%	-16.67%	63.46%	12.70%	-17.91%	5.33%	-17.80%	0.43%	-6.67%	-11.97%	5.64%	17.83%
Timing	Pre-market	Pre-market	After-hours	Pre-market	After-hours	Pre-market	After-hours	Pre-market	Pre-market	After-hours	After-hours	After-hours	Pre-market	After-hours	Pre-market	After-hours	After-hours	Pre-market	After-hours	Pre-market	After-hours	After-hours	After-hours	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	-	After-hours	Pre-market	After-hours	-

Key Statistics & Ratios

Market Cap158.70B

Enterprise Value167.10B

Trailing P/E30.82

Forward P/E16.72

Price / Sales4.86

Price / Book7.92

EPS7.56

Book Value29.43

Revenue (TTM)32.67B

Gross Profit (TTM)10.06B

EBITDA7.72B

Profit Margin15.55%

Operating Margin24.31%

Return on Equity28.02%

Return on Assets9.95%

Shares Outstanding681.13M

Shares Float249.34M

Beta1.52

Dividend Yield1.03%

Dividend Rate2.40

Payout Ratio32.35%

Dividends

20261×

2.40May 29, 2026

20251×

1.15May 29, 2025

20241×

0.69May 30, 2024

20231×

0.77May 30, 2023

20221×

0.73May 30, 2022

20211×

0.73Jun 1, 2021

20201×

0.63May 13, 2020

20191×

0.34May 17, 2019

20181×

0.23May 28, 2018

Stock Splits

May 29, 20251.3:1
May 13, 20201.4:1
May 17, 20191.2:1