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Zhejiang Hengwei Battery Co. Ltd.

301222 · SHE · Industrials / Electrical Equipment & Parts

22.29CNY-0.45 (-1.98%)

Price History

Full chart

Market Stats

Previous Close22.74
Open23.08
Day Range22.09 – 23.08
52-Week Range19.44 – 37.34
Volume1.56M
Market Cap3.51B
P/E (TTM)45.42
Forward P/E0.00
EPS0.55
Dividend Yield2.00%
Beta0.89
50-Day Avg24.59
200-Day Avg26.36

About

Zhejiang Hengwei Battery Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of battery products in China and internationally. The company offers LR03, LR6, LR14, LR20, and 6LR61 series alkaline batteries; R03, R6, R14, R20, and 6F22 series carbon batteries, as well as zinc-manganese batteries. Its products are used in small household appliances, consumer appliances, wireless security equipment, smart home products, outdoor electronic devices, wireless communication equipment, medical electronic instruments, electric toys, digital products, mobile lighting, and other civil and industrial applications. The company also engages in trade and investment activities. It exports its products to Europe, North America, Japan, and South Korea. Zhejiang Hengwei Battery Co., Ltd. was incorporated in 1999 and is headquartered in Jiaxing, China.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Jianping Wang
  • Employees479
  • HeadquartersNo. 77 Zhengyang West Road, Jiaxing, China, 314018, China
  • Websitehttps://www.hwbattery.com

Leadership

  • Mr. Jianping WangChairman of the Board & GM · b. 1963
  • Ms. Ju YangSecretary of the Board & CFO · b. 1988
  • Ms. Jianhong WangCOO & Director · b. 1966
  • Mr. Yaoting XuDeputy GM & Director · b. 1964
  • Mr. Yu ChenDeputy General Manager · b. 1983
  • Miaoqing RuanAccounting Supervisor
  • Mr. Qing Hua FuDeputy General Manager · b. 1965

Financials

Income Statement

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue322.01M485.73M546.89M580.27M588.12M702.04M603.20M
Growth (%)-+50.84%+12.59%+6.10%+1.35%+19.37%-14.08%
Cost of Revenue222.11M338.79M410.35M433.43M423.50M529.72M472.03M
Gross Profit99.90M146.95M136.54M146.84M164.62M172.33M131.17M
Gross Margin31.02%30.25%24.97%25.31%27.99%24.55%21.75%
Operating Expense31.57M32.04M33.69M36.66M44.56M52.96M55.34M
Operating Income68.33M114.91M102.85M110.18M120.05M119.37M75.84M
Operating Margin21.22%23.66%18.81%18.99%20.41%17.00%12.57%
EBITDA75.03M122.36M112.80M151.58M151.00M162.50M112.89M
EBITDA Margin23.30%25.19%20.62%26.12%25.67%23.15%18.71%
Net Income64.85M95.84M89.67M122.73M121.66M129.67M83.38M
Net Income Margin20.14%19.73%16.40%21.15%20.69%18.47%13.82%
R&D11.99M17.20M18.84M20.45M21.05M22.42M19.59M
R&D as % of Total Revenue3.72%3.54%3.44%3.52%3.58%3.19%3.25%
Interest Expense---21.65K16.66K20.90K12.64K
Interest Expense % of Total Revenue---0.00%0.00%0.00%0.00%

Balance Sheet

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets354.15M417.64M495.57M1.33B1.40B1.50B1.59B
Total Liabilities50.57M66.56M55.21M71.36M68.25M85.91M148.79M
Total Equity303.58M351.08M440.36M1.26B1.33B1.42B1.45B
Cash122.03M158.55M213.85M843.06M981.06M868.68M746.12M

Cash Flow

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow65.91M93.13M64.14M114.25M128.63M83.61M67.16M
Capital Expenditure21.63M33.32M11.14M6.05M99.00M140.47M63.31M
Free Cash Flow44.28M59.81M52.99M108.20M29.63M-56.87M3.86M
Dividends Paid47.60M63.40M-60.80M50.67M30.26M30.07M
FCF to OCF67.18%64.22%82.62%94.70%23.03%-68.01%5.75%
Dividend Paid to FCF107.50%105.99%-56.19%171.01%-53.22%779.25%

Earnings

Report DateMar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023Sep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate------------------
EPS Actual0.140.190.280.250.190.190.250.230.250.190.180.300.150.110.180.160.180.13
Surprise------------------
Timing------------------

Key Statistics & Ratios

Market Cap3.51B
Enterprise Value2.89B
Trailing P/E45.42
Forward P/E0.00
Price / Sales5.10
Price / Book2.62
EPS0.55
Book Value10.16
Revenue (TTM)686.80M
Gross Profit (TTM)151.46M
EBITDA116.78M
Profit Margin13.28%
Operating Margin11.55%
Return on Equity6.41%
Return on Assets3.59%
Shares Outstanding140.34M
Shares Float39.41M
Beta0.89
Dividend Yield2.00%
Dividend Rate0.50
Payout Ratio76.92%

Dividends

20261×
0.50May 27, 2026
20251×
0.21Jun 9, 2025
20241×
0.21Jun 7, 2024
20231×
0.36Jun 6, 2023
20221×
0.43Jun 10, 2022

Stock Splits

  • May 27, 20261.4:1