Chongqing Wangbian Electric (Group) Corp. Ltd.

Chongqing Wangbian Electric (Group) Corp. Ltd.

603191 · SHG · Industrials / Electrical Equipment & Parts

10.96CNY-0.27 (-2.40%)

Price History

Full chart

Market Stats

Previous Close11.23
Open11.20
Day Range10.89 – 11.31
52-Week Range11.68 – 27.60
Volume4.29M
Market Cap4.58B
P/E (TTM)131.20
Forward P/E0.00
EPS0.10
Dividend Yield0.38%
Beta1.02
50-Day Avg14.29
200-Day Avg18.24

About

Chongqing Wangbian Electric (Group) Corp., Ltd. engages in the research and development, production, and sale of power transmission and distribution and control equipment, and grain-oriented silicon steel products in China. The company offers power transformers, prefabricated substations, integrated transformer-charger units, complete sets of electrical equipment, and iron core phases, which are used in power, agriculture, industry, commercial and residential electricity, and infrastructure construction sectors; general-grained silicon steel (CGO) and high-grained silicon steel (HiB), which are used in the manufacture of power transformer cores, as well as by power transformer and motor manufacturers. It is also involved in the electric vehicle charging business. The company was founded in 1994 and is based in Chongqing, China.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Zemin Yang
  • Employees2.25K
  • HeadquartersBank of Communications Building, Chongqing, China, China
  • Websitehttps://www.cqwjbyq.com

Leadership

  • Mr. Zemin YangChairman of the Board, President & GM · b. 1967
  • Ms. Wanhua YangAccounting Supervisor & Finance Director · b. 1987
  • Mr. Haibo WangDeputy GM & Director · b. 1978
  • Mr. Lin YangDeputy GM & Director · b. 1980
  • Mr. Shoutian HuDeputy GM & Director · b. 1973
  • Ms. Daiping LiBoard Secretary & Deputy GM · b. 1971
  • Mr. Bailin LiuDeputy General Manager · b. 1987
  • Mr. Yonghao XiaoDeputy General Manager · b. 1971
  • Mr. Hongwei YangDeputy General Manager · b. 1966

Financials

Income Statement

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.11B1.30B1.93B2.53B2.72B3.35B3.92B
Growth (%)-+17.10%+49.08%+30.68%+7.57%+23.32%+16.87%
Cost of Revenue823.90M1.01B1.56B2.01B2.25B2.98B3.47B
Gross Profit283.62M283.84M373.22M512.83M464.19M367.62M446.82M
Gross Margin25.61%21.89%19.30%20.30%17.08%10.97%11.41%
Operating Expense115.86M94.02M128.42M161.70M178.11M219.33M287.74M
Operating Income167.76M189.82M244.80M351.13M286.08M148.29M159.08M
Operating Margin15.15%14.64%12.66%13.90%10.53%4.42%4.06%
EBITDA182.93M216.51M273.75M405.37M379.80M303.82M350.28M
EBITDA Margin16.52%16.70%14.16%16.05%13.97%9.06%8.94%
Net Income109.08M142.51M178.15M298.11M234.59M65.17M69.24M
Net Income Margin9.85%10.99%9.21%11.80%8.63%1.94%1.77%
R&D16.27M18.06M18.56M27.70M29.25M44.72M45.75M
R&D as % of Total Revenue1.47%1.39%0.96%1.10%1.08%1.33%1.17%
Interest Expense14.11M14.56M14.21M10.31M16.06M45.47M54.42M
Interest Expense % of Total Revenue1.27%1.12%0.73%0.41%0.59%1.36%1.39%

Balance Sheet

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.39B1.79B2.24B3.51B4.88B6.53B7.26B
Total Liabilities602.39M854.97M1.12B1.24B2.48B3.98B4.76B
Total Equity783.64M929.53M1.11B2.27B2.39B2.41B2.49B
Cash73.09M144.76M329.75M932.99M1.37B1.16B1.39B
Net Debt124.81M55.85M---218.36M402.64M

Cash Flow

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow91.38M105.14M241.74M204.35M291.86M20.66M229.83M
Capital Expenditure84.80M65.64M117.47M347.18M563.47M248.37M162.97M
Free Cash Flow6.58M39.50M124.27M-142.83M-271.60M-227.71M66.86M
Dividends Paid14.07M14.26M14.48M10.55M75.37M95.26M65.61M
FCF to OCF7.20%37.57%51.41%-69.90%-93.06%-1102.25%29.09%
Dividend Paid to FCF213.89%36.10%11.65%-7.38%-27.75%-41.83%98.13%

Earnings

Report DateAug 24, 2022Oct 20, 2022Mar 28, 2023Apr 26, 2023
EPS Estimate----
EPS Actual0.240.250.290.24
Surprise----
TimingAfter-hoursAfter-hoursAfter-hoursPre-market

Key Statistics & Ratios

Market Cap4.58B
Enterprise Value6.06B
Trailing P/E131.20
Forward P/E0.00
Price / Sales1.16
Price / Book1.88
EPS0.10
Book Value7.55
Revenue (TTM)3.95B
Gross Profit (TTM)368.50M
EBITDA250.64M
Profit Margin0.85%
Operating Margin-0.60%
Return on Equity1.40%
Return on Assets0.32%
Shares Outstanding349.46M
Shares Float193.60M
Beta1.02
Dividend Yield0.38%
Dividend Rate0.05
Payout Ratio50.00%

Dividends

20261×
0.05Jun 11, 2026
20251×
0.05Jun 24, 2025
20241×
0.15Jul 2, 2024
20231×
0.18May 25, 2023