Shenzhen VAPEL Power Supply Technology Co., Ltd.

301516 · SHE · Industrials / Specialty Industrial Machinery

15.68CNY+0.24 (+1.55%)

Price History

Full chart

Market Stats

Previous Close15.44

Open15.70

Day Range15.44 – 15.98

52-Week Range13.52 – 26.27

Volume9.25M

Market Cap4.27B

P/E (TTM)0.00

Forward P/E0.00

EPS-0.16

Dividend Yield0.00%

50-Day Avg17.36

200-Day Avg17.94

About

Shenzhen VAPEL Power Supply Technology Co., Ltd. engages in the research, development, production, sales, and service provision of high-frequency switching power supplies in China and internationally. It offers AC/DC, DC/DC, DC/AC standard products, non-standard products, and customized products. The company's products are used in new energy, telecommunications, data centers, power generation, industrial control, instrumentation, medical equipment, railways, and specialized industries. Shenzhen VAPEL Power Supply Technology Co., Ltd. was founded in 1999 and is headquartered in Shenzhen, China.

Company Details

SectorIndustrials
IndustrySpecialty Industrial Machinery
CEOMr. Xuelong Ji
Employees1.56K
HeadquartersNo. 36, Baolong Second Road, Shenzhen, China, 518116, China
Websitehttps://www.vapel.com

Leadership

Mr. Xuelong JiGM & Director · b. 1966
Mr. Wenxiao Shan C.F.A., CPABoard Secretary & CFO · b. 1983

Financials

Income Statement

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	1.44B	1.18B	830.45M	936.71M
Growth (%)	-	-17.72%	-29.87%	+12.80%
Cost of Revenue	1.16B	961.49M	699.96M	785.62M
Gross Profit	279.72M	222.62M	130.49M	151.08M
Gross Margin	19.44%	18.80%	15.71%	16.13%
Operating Expense	155.49M	142.40M	163.78M	179.28M
Operating Income	124.23M	80.22M	-33.29M	-28.19M
Operating Margin	8.63%	6.77%	-4.01%	-3.01%
EBITDA	139.57M	103.02M	-45.50M	-21.97M
EBITDA Margin	9.70%	8.70%	-5.48%	-2.35%
Net Income	99.76M	66.01M	-89.39M	-57.15M
Net Income Margin	6.93%	5.57%	-10.76%	-6.10%
R&D	102.13M	92.68M	107.23M	119.91M
R&D as % of Total Revenue	7.10%	7.83%	12.91%	12.80%
Interest Expense	14.95M	6.16M	1.54M	280.75K
Interest Expense % of Total Revenue	1.04%	0.52%	0.18%	0.03%

Balance Sheet

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.70B	1.99B	1.67B	1.72B
Total Liabilities	710.65M	519.31M	337.15M	445.06M
Total Equity	984.70M	1.47B	1.33B	1.28B
Cash	158.74M	651.35M	246.17M	197.70M
Net Debt	54.40M	-	-	-

Cash Flow

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	85.91M	190.18M	75.33M	-74.73M
Capital Expenditure	87.49M	22.73M	33.10M	35.41M
Free Cash Flow	-1.59M	167.46M	42.23M	-110.14M
Dividends Paid	9.48M	6.96M	53.26M	-
FCF to OCF	-1.85%	88.05%	56.06%	147.39%
Dividend Paid to FCF	-596.52%	4.15%	126.12%	-

Earnings

Report Date	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	Sep 30, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.02	-0.03	-0.03	-0.03	-0.23	-0.06	-0.01	-0.08	-0.06	-0.03	-0.04	-0.04
Surprise	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap4.27B

Enterprise Value4.00B

Trailing P/E0.00

Forward P/E0.00

Price / Sales3.94

Price / Book3.43

EPS-0.16

Book Value4.44

Revenue (TTM)1.09B

Gross Profit (TTM)162.60M

EBITDA-8.16M

Profit Margin-4.23%

Operating Margin4.18%

Return on Equity-3.62%

Return on Assets-1.44%

Shares Outstanding280.70M

Shares Float70.14M

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio528.74%