Avary Holding Shenzhen Co Ltd Class A

002938 · SHE · Technology / Electronic Components

48.00CNY-4.47 (-8.52%)

Price History

Full chart

Market Stats

Previous Close52.47

Open53.03

Day Range47.65 – 53.26

52-Week Range41.81 – 123.10

Volume36.27M

Market Cap128.86B

P/E (TTM)34.32

Forward P/E15.70

EPS1.62

Dividend Yield1.80%

Beta1.29

50-Day Avg81.35

200-Day Avg79.12

About

Avary Holding(Shenzhen)Co., Limited engages in the design, development, manufacture, and sale of printed circuit boards in China, the United States, rest of Asia, and Europe. The company's products are used in communication, consumer electronics, computer, and automotive electronics, as well as in industrial control industries. It is also involved in the leasing of properties; warehousing services; wholesale, import, and export of electronic information products and related boards; water pollution control; environmental consulting services; and real estate development and operation activities. The company was founded in 1999 and is headquartered in Shenzhen, China. Avary Holding(Shenzhen)Co., Limited operates as a subsidiary of Shenzhen Meigang Industrual Co., Ltd.

Company Details

SectorTechnology
IndustryElectronic Components
CEOMr. Qingfang Shen
Employees47.57K
HeadquartersPengding Times Building, Shenzhen, China, 518101, China
Websitehttps://www.avaryholding.com

Leadership

Mr. Qingfang ShenChairman & CEO · b. 1952
Mr. Dewang XiaoDeputy GM, Accounting Supervisor & CFO · b. 1966
Mr. Yihong LinGM & Director · b. 1967
Ms. Hong ZhouDeputy GM & Secretary of the Board · b. 1965
Mr. Jiahong ZhongDeputy General Manager · b. 1976
Mr. Guoqiang GaoDeputy General Manager · b. 1964
Ms. Weizhen YangDeputy General Manager · b. 1967
Mr. Guo Sheng ChenGeneral Manager · b. 1964
Mr. An Zhi LuoDeputy General Manager · b. 1975

Financials

Income Statement

Currency: CNY	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	15.40B	17.09B	17.14B	23.92B	25.85B	26.61B	29.85B	33.31B	36.21B	32.07B	35.14B	39.15B
Growth (%)	-	+11.01%	+0.27%	+39.57%	+8.08%	+2.94%	+12.16%	+11.60%	+8.69%	-11.45%	+9.59%	+11.40%
Cost of Revenue	12.37B	13.83B	14.38B	19.67B	19.98B	20.44B	23.97B	26.69B	27.63B	25.39B	28.02B	34.85B
Gross Profit	3.03B	3.26B	2.76B	4.25B	5.88B	6.18B	5.89B	6.62B	8.58B	6.68B	7.12B	4.29B
Gross Margin	19.69%	19.08%	16.08%	17.76%	22.73%	23.21%	19.72%	19.87%	23.69%	20.83%	20.26%	10.97%
Operating Expense	1.38B	1.46B	1.59B	2.11B	2.47B	2.75B	2.60B	2.81B	2.96B	3.11B	3.08B	0
Operating Income	1.65B	1.80B	1.17B	2.14B	3.40B	3.43B	3.29B	3.81B	5.62B	3.57B	4.04B	4.29B
Operating Margin	10.69%	10.55%	6.80%	8.94%	13.17%	12.88%	11.01%	11.44%	15.52%	11.12%	11.51%	10.97%
EBITDA	2.53B	2.67B	2.14B	3.41B	4.88B	5.06B	5.14B	6.14B	8.32B	6.19B	6.20B	7.29B
EBITDA Margin	16.41%	15.64%	12.48%	14.26%	18.88%	19.03%	17.21%	18.43%	22.98%	19.30%	17.65%	18.63%
Net Income	1.41B	1.53B	1.00B	1.83B	2.77B	2.92B	2.84B	3.32B	5.01B	3.29B	3.62B	3.74B
Net Income Margin	9.18%	8.93%	5.86%	7.64%	10.72%	10.99%	9.52%	9.96%	13.84%	10.25%	10.30%	9.55%
R&D	571.25M	686.23M	753.67M	1.02B	1.22B	1.35B	1.26B	1.57B	1.67B	1.96B	2.32B	2.46B
R&D as % of Total Revenue	3.71%	4.01%	4.40%	4.27%	4.73%	5.08%	4.22%	4.72%	4.62%	6.10%	6.61%	6.28%
Interest Expense	25.57M	45.96M	40.41M	75.21M	67.67M	40.06M	20.01M	43.64M	52.94M	120.83M	2.68M	127.39M
Interest Expense % of Total Revenue	0.17%	0.27%	0.24%	0.31%	0.26%	0.15%	0.07%	0.13%	0.15%	0.38%	0.01%	0.33%

Balance Sheet

Currency: CNY	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	15.44B	18.12B	18.44B	23.23B	27.35B	28.86B	33.25B	35.54B	38.80B	42.28B	44.54B	48.85B
Total Liabilities	6.91B	7.82B	8.25B	10.94B	9.47B	9.03B	11.69B	11.73B	10.87B	12.60B	12.22B	14.10B
Total Equity	8.53B	10.31B	10.20B	12.28B	17.88B	19.83B	21.56B	23.81B	27.94B	29.65B	32.11B	34.14B
Cash	1.75B	5.09B	3.27B	2.21B	7.30B	6.79B	5.67B	3.17B	8.21B	10.91B	13.50B	12.03B
Total Debt	1.16B	2.20B	1.94B	3.46B	2.05B	2.25B	2.48B	3.74B	3.22B	4.04B	3.51B	-
Net Debt	-593.18M	-2.89B	-1.33B	1.25B	-5.25B	-4.54B	-3.19B	568.10M	-4.99B	-6.87B	-9.99B	-

Cash Flow

Currency: CNY	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	3.41B	2.92B	1.72B	1.67B	6.21B	4.16B	5.18B	4.30B	10.96B	7.97B	7.08B	7.29B
Investing Cash Flow	-2.98B	-2.80B	-834.96M	-4.71B	-3.23B	-3.08B	-4.57B	-6.95B	-4.48B	-4.45B	-2.89B	-
Financing Cash Flow	-872.01M	1.42B	-1.79B	2.70B	1.17B	-1.03B	-1.08B	221.10M	-1.81B	-942.85M	-1.83B	-
Capital Expenditure	1.32B	1.72B	2.01B	3.31B	4.04B	3.85B	5.45B	6.97B	4.34B	3.51B	2.84B	6.63B
Free Cash Flow	2.09B	1.20B	-294.35M	-1.63B	2.17B	316.33M	-270.79M	-2.67B	6.62B	4.46B	4.24B	659.47M
Dividends Paid	131.95M	246.38M	490.31M	1.45B	1.03B	1.22B	1.16B	1.19B	1.16B	1.62B	1.28B	2.44B
FCF to OCF	61.35%	41.12%	-17.12%	-97.73%	34.97%	7.60%	-5.22%	-62.20%	60.38%	55.93%	59.84%	9.05%
Dividend Paid to FCF	6.31%	20.49%	-166.57%	-88.76%	47.46%	387.00%	-426.79%	-44.63%	17.54%	36.45%	30.13%	370.40%

Earnings

Report Date	Oct 30, 2018	Feb 19, 2019	Apr 30, 2019	Aug 13, 2019	Oct 30, 2019	Feb 27, 2020	Apr 29, 2020	Aug 12, 2020	Oct 30, 2020	Mar 30, 2021	Apr 29, 2021	Aug 6, 2021	Oct 29, 2021	Mar 16, 2022	Apr 28, 2022	Aug 9, 2022	Oct 26, 2022	Mar 13, 2023	Apr 28, 2023	Aug 9, 2023	Oct 30, 2023	Mar 29, 2024	Apr 24, 2024	Aug 13, 2024	Oct 30, 2024	Mar 11, 2025	Apr 30, 2025	Aug 12, 2025	Oct 30, 2025	Mar 30, 2026	Apr 28, 2026	Aug 11, 2026	Sep 30, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	0.68	-	-	0.43	0.69	0.18	0.35	0.41	0.82	0.26	0.15	0.39	0.36	0.17	0.17	0.62	0.88	-	0.28	0.58	0.69	0.24	0.32	0.64
EPS Actual	0.54	0.52	0.08	0.18	0.47	0.53	0.13	0.21	0.25	0.62	0.15	0.12	0.44	0.70	0.25	0.34	0.79	0.75	0.17	0.17	0.44	0.61	0.22	0.12	0.52	0.70	0.71	0.32	0.51	0.57	0.58	0.35	0.50
Surprise	-	-	-	-	-	-	-	-	-	-8.82%	-	-	2.33%	1.45%	38.89%	-2.86%	92.68%	-8.54%	-34.62%	13.33%	12.82%	69.44%	29.41%	-29.41%	-16.13%	-20.45%	-	14.29%	-12.07%	-17.39%	137.90%	9.38%	-22.17%
Timing	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	After-hours	Pre-market	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	Pre-market	Pre-market	-

Key Statistics & Ratios

Market Cap128.86B

Enterprise Value131.09B

Trailing P/E34.32

Forward P/E15.70

Price / Sales3.11

Price / Book3.68

EPS1.62

Book Value14.95

Revenue (TTM)41.48B

Gross Profit (TTM)10.03B

EBITDA7.72B

Profit Margin9.11%

Operating Margin14.02%

Return on Equity10.87%

Return on Assets5.08%

Shares Outstanding2.32B

Shares Float656.77M

Beta1.29

Dividend Yield1.80%

Dividend Rate1.00

Payout Ratio50.03%

Dividends

20261×

1.00Jun 12, 2026

20251×

1.00Jun 18, 2025

20241×

0.50Jun 13, 2024

20231×

0.70Jun 13, 2023

20221×

0.50Jun 8, 2022

20211×

0.50Jun 11, 2021

20201×

0.50Jun 17, 2020

20191×

0.50Jun 10, 2019