Sanyou Corporation Limited

300932 · SHE · Industrials / Electrical Equipment & Parts

8.14CNY-0.06 (-0.73%)

Price History

Full chart

Market Stats

Previous Close8.20

Open8.21

Day Range8.11 – 8.49

52-Week Range7.41 – 13.22

Volume11.65M

Market Cap4.88B

P/E (TTM)43.56

Forward P/E0.00

EPS0.25

Dividend Yield1.74%

Beta0.64

50-Day Avg10.37

200-Day Avg9.91

About

Sanyou Corporation Limited engages in the research and development, manufacture, and sale of relays and current transformers in China. It provides magnetic latching relays, general power relays, high voltage DC relays, new energy relays, photovoltaic relays, automotive relays, plug in choke, and signal relays, as well as inductor products that are used in home appliances, smart meters, industrial control, smart homes, communication facilities, automotive manufacturing, new energy applications, photovoltaic applications, and AI solutions. The company also offers transformer industry solutions, which includes metering, digital display meter, one-close type, relay protection, motor protection, and residual current transformers. The company was incorporated in 2008 and is headquartered in Dongguan, China.

Company Details

SectorIndustrials
IndustryElectrical Equipment & Parts
CEOMr. Chaoyang Song
Employees3.47K
HeadquartersNo.27, Central Second Road, Dongguan, China, 523719, China
Websitehttps://www.sanyourelay.com

Leadership

Mr. Chaoyang SongChairman of the Board & GM · b. 1965
Ms. Xiao Li GaoCFO & Accounting Supervisor · b. 1980
Mr. Tiannian FuDeputy GM & Director · b. 1964
Mr. Shaofeng MengDeputy GM & Director · b. 1977
Mr. Ming Rong HeTechnical Director · b. 1961
Ms. Mei Yan KuangSecretary to the Board · b. 1982

Financials

Income Statement

Currency: CNY	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	702.87M	894.73M	942.70M	1.11B	1.31B	1.69B	1.85B	1.84B	2.17B	2.31B
Growth (%)	-	+27.30%	+5.36%	+17.62%	+18.29%	+29.03%	+9.45%	-0.86%	+18.07%	+6.44%
Cost of Revenue	518.97M	675.02M	702.17M	830.65M	977.43M	1.37B	1.55B	1.50B	1.79B	1.90B
Gross Profit	183.89M	219.71M	240.52M	278.19M	334.17M	318.05M	304.42M	339.27M	374.30M	410.60M
Gross Margin	26.16%	24.56%	25.51%	25.09%	25.48%	18.79%	16.43%	18.48%	17.26%	17.79%
Operating Expense	156.49M	154.60M	152.64M	165.69M	163.23M	194.52M	242.80M	296.74M	315.17M	307.62M
Operating Income	27.41M	65.11M	87.88M	112.50M	170.94M	123.53M	61.62M	42.54M	59.13M	102.98M
Operating Margin	3.90%	7.28%	9.32%	10.15%	13.03%	7.30%	3.33%	2.32%	2.73%	4.46%
EBITDA	80.31M	104.01M	140.17M	186.59M	225.72M	190.00M	150.70M	174.17M	208.71M	244.59M
EBITDA Margin	11.43%	11.62%	14.87%	16.83%	17.21%	11.23%	8.14%	9.48%	9.63%	10.60%
Net Income	22.08M	43.71M	76.01M	100.67M	149.67M	117.23M	75.86M	46.39M	63.32M	72.63M
Net Income Margin	3.14%	4.89%	8.06%	9.08%	11.41%	6.93%	4.10%	2.53%	2.92%	3.15%
R&D	30.27M	34.04M	35.10M	39.19M	47.14M	73.70M	96.40M	104.54M	108.87M	100.16M
R&D as % of Total Revenue	4.31%	3.80%	3.72%	3.53%	3.59%	4.35%	5.20%	5.69%	5.02%	4.34%
Interest Expense	14.08M	15.88M	14.26M	29.12M	5.40M	1.94M	6.59M	12.61M	13.72M	13.03M
Interest Expense % of Total Revenue	2.00%	1.77%	1.51%	2.63%	0.41%	0.11%	0.36%	0.69%	0.63%	0.56%

Balance Sheet

Currency: CNY	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	849.27M	1.01B	1.05B	1.21B	1.37B	2.55B	2.76B	2.85B	3.39B	3.43B
Total Liabilities	555.27M	533.14M	428.84M	491.16M	507.18M	851.88M	1.03B	1.10B	1.61B	1.64B
Total Equity	265.84M	466.05M	622.80M	722.63M	872.63M	1.65B	1.69B	1.71B	1.74B	1.76B
Cash	36.28M	51.68M	72.77M	73.12M	48.45M	201.63M	279.12M	190.39M	233.60M	278.77M
Total Debt	173.80M	202.82M	142.34M	138.35M	174.09M	132.14M	273.18M	388.16M	462.90M	-
Net Debt	137.52M	151.14M	69.58M	65.23M	125.64M	-69.48M	-5.94M	197.77M	229.30M	310.81M

Cash Flow

Currency: CNY	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	78.88M	24.43M	54.92M	82.04M	85.99M	58.28M	167.21M	198.46M	204.40M	220.16M
Investing Cash Flow	-54.12M	-84.39M	-41.58M	-69.45M	-109.79M	-541.48M	-212.27M	-349.70M	-267.96M	-
Financing Cash Flow	-15.95M	70.59M	-15.86M	-15.71M	26.50M	582.93M	84.20M	78.54M	51.93M	-
Capital Expenditure	134.61M	81.12M	48.24M	74.28M	110.12M	297.22M	454.95M	350.23M	267.90M	196.31M
Free Cash Flow	-55.73M	-56.69M	6.68M	7.76M	-24.13M	-238.94M	-287.74M	-151.77M	-63.50M	23.85M
Dividends Paid	14.09M	13.81M	13.51M	8.69M	5.79M	43.97M	37.69M	35.04M	53.80M	65.17M
FCF to OCF	-70.66%	-232.02%	12.17%	9.45%	-28.06%	-409.98%	-172.08%	-76.47%	-31.07%	10.83%
Dividend Paid to FCF	-25.29%	-24.36%	202.18%	111.98%	-24.00%	-18.40%	-13.10%	-23.09%	-84.73%	273.23%

Earnings

Report Date	Mar 31, 2021	Jun 30, 2021	Sep 30, 2021	Dec 31, 2021	Mar 31, 2022	Jun 30, 2022	Sep 30, 2022	Dec 31, 2022	Mar 31, 2023	Jun 30, 2023	Sep 30, 2023	Dec 31, 2023	Mar 31, 2024	Jun 30, 2024	Sep 30, 2024	Dec 31, 2024	Mar 31, 2025	Jun 30, 2025	Sep 30, 2025	Dec 31, 2025	Mar 31, 2026	Jun 30, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.06	0.10	0.09	0.02	0.04	0.05	0.04	0.04	0.01	0.04	0.02	0.03	0.02	0.07	0.02	0.03	0.02	0.07	0.04	0.02	0.03	0.15
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap4.88B

Enterprise Value5.50B

Trailing P/E43.56

Forward P/E0.00

Price / Sales1.93

Price / Book2.83

EPS0.25

Book Value3.98

Revenue (TTM)2.53B

Gross Profit (TTM)457.05M

EBITDA291.65M

Profit Margin4.43%

Operating Margin9.77%

Return on Equity6.15%

Return on Assets2.36%

Shares Outstanding448.15M

Shares Float169.34M

Beta0.64

Dividend Yield1.74%

Dividend Rate0.19

Payout Ratio75.88%

Dividends

20261×

0.19May 8, 2026

20251×

0.11Jun 4, 2025

20241×

0.11Jun 4, 2024

20231×

0.05Jun 9, 2023

20221×

0.12Jun 9, 2022

20211×

0.10May 28, 2021

Stock Splits

May 8, 20261.4:1
Jun 4, 20251.4:1
Jun 4, 20241.3:1
Jun 9, 20221.4:1