YOLFTbeta
68

Wetown Electric Group Co Ltd

688226 · SHG · Industrials / Electrical Equipment & Parts

24.41CNY-1.09 (-4.27%)

Price History

Full chart

Market Stats

Previous Close25.50
Open25.58
Day Range24.18 – 25.95
52-Week Range24.61 – 67.55
Volume2.96M
Market Cap5.98B
P/E (TTM)190.56
Forward P/E0.00
EPS0.16
Dividend Yield0.17%
Beta0.89
50-Day Avg29.25
200-Day Avg40.91

About

Wetown Electric Group Co., Ltd. engages in the research, development, production, and sale of electrical products in China and internationally. The company's power distribution equipment low voltage busway, high voltage busway, transformer, medium and low voltage switchboard, and copper and aluminum products; and energy storage products for network source side and residential energy storage. It is also involved in the new energy business, which offers photovoltaic ribbon and materials. It also offers intelligent electrical and electronic equipment; power supply equipment and accessories; electrical components; embedded troughs; subway tunnels and evacuation platforms; support and hanger racks, junction bridges, and power transmission; distribution and control equipment; non-ferrous metals and their by-products; engineering and technical research and experimental development; and energy storage technology services. In addition, it engages in self-operated and agency import and export business of various commodities and technologies. It serves power grids, commercial real estate, and industrial plants, communications, finance and insurance, new energy, petrochemicals, and metallurgy and other fields. The company was founded in 1986 and is headquartered in Yangzhong, China.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Ji Tao Chai
  • Employees161
  • HeadquartersXinba Science and Technology Park, Yangzhong, China, 212211, China
  • Websitehttps://wetown.com.cn

Leadership

  • Mr. Ji Tao ChaiGM & Director · b. 1969
  • Ms. Su Juan ChengFinancial Director · b. 1980
  • Mr. Jinbo ZhouDeputy General Manager · b. 1983
  • Mr. Bo WuSecretary of the Board of Directors & Employee Representative Director · b. 1971
  • Mr. Chang Jin GengDeputy General Manager · b. 1973
  • Jun TangHead of Accounting Department & Accounting Supervisor
  • Mr. Guo Bin ShiCore Technical Staff · b. 1970
  • Mr. Kefeng HuangCore Technical Staff · b. 1978

Financials

Income Statement

Currency: CNY2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue632.14M654.77M634.40M737.18M934.62M908.17M948.03M1.25B1.64B2.85B3.48B3.85B
Growth (%)-+3.58%-3.11%+16.20%+26.78%-2.83%+4.39%+32.28%+30.48%+74.03%+22.23%+10.55%
Cost of Revenue466.82M445.30M441.99M542.11M697.29M685.41M748.42M1.01B1.33B2.34B2.94B3.81B
Gross Profit165.32M209.47M192.40M195.07M237.33M222.77M199.62M244.16M307.20M503.15M545.51M37.59M
Gross Margin26.15%31.99%30.33%26.46%25.39%24.53%21.06%19.47%18.77%17.67%15.67%0.98%
Operating Expense113.09M152.36M132.52M135.65M172.85M154.79M145.42M176.79M227.99M344.87M422.44M0
Operating Income52.22M57.11M59.89M59.42M64.48M67.98M54.20M67.37M79.21M158.28M123.07M37.59M
Operating Margin8.26%8.72%9.44%8.06%6.90%7.48%5.72%5.37%4.84%5.56%3.54%0.98%
EBITDA63.66M74.63M79.78M89.13M96.38M99.24M89.55M107.26M121.51M216.06M225.99M75.89M
EBITDA Margin10.07%11.40%12.58%12.09%10.31%10.93%9.45%8.55%7.43%7.59%6.49%1.97%
Net Income42.87M49.25M47.29M43.30M50.67M54.70M47.48M59.78M69.91M120.46M94.87M31.80M
Net Income Margin6.78%7.52%7.45%5.87%5.42%6.02%5.01%4.77%4.27%4.23%2.73%0.83%
R&D---20.58M28.16M26.14M28.37M37.15M59.45M91.99M103.79M97.68M
R&D as % of Total Revenue---2.79%3.01%2.88%2.99%2.96%3.63%3.23%2.98%2.54%
Interest Expense---14.96M14.86M13.97M15.37M17.09M19.10M31.77M65.69M44.85M
Interest Expense % of Total Revenue---2.03%1.59%1.54%1.62%1.36%1.17%1.12%1.89%1.17%

Balance Sheet

Currency: CNY2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets770.09M693.11M749.68M827.14M972.13M1.01B1.18B1.46B1.87B3.10B4.91B5.35B
Total Liabilities537.84M409.61M412.08M339.24M443.60M419.68M546.57M564.61M922.80M2.02B3.17B-1.79B
Total Equity227.28M270.29M318.40M467.88M506.16M560.31M608.51M863.46M913.28M1.03B1.67B1.79B
Cash71.42M54.69M62.53M121.52M92.57M109.87M81.85M241.88M199.64M305.89M896.39M756.76M
Total Debt238.60M233.80M243.66M152.90M245.00M200.50M236.69M261.60M504.60M1.10B1.31B-
Net Debt167.18M179.11M181.13M31.38M152.43M90.63M154.84M19.72M304.96M696.41M413.26M906.00M

Cash Flow

Currency: CNY2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow62.46M-2.57M43.49M51.38M-60.85M83.37M-34.08M3.57M-77.34M-219.28M116.55M231.76M
Investing Cash Flow-74.78M32.64M-35.73M-22.61M-19.96M-14.71M-24.20M-39.84M-176.47M-265.99M-363.93M-
Financing Cash Flow7.36M-40.56M-1.72M22.51M69.51M-54.50M34.36M194.42M206.19M538.05M844.10M-
Capital Expenditure21.66M35.60M35.31M25.09M18.57M20.03M23.19M11.25M102.66M353.77M357.91M633.02M
Free Cash Flow40.80M-38.17M8.18M26.29M-79.42M63.35M-57.27M-7.68M-180.00M-573.05M-241.36M-401.27M
Dividends Paid29.14M29.85M12.24M10.03M21.49M9.98M10.17M11.70M19.50M50.67M80.15M91.46M
FCF to OCF65.32%1485.39%18.81%51.17%130.52%75.98%168.06%-214.75%232.73%261.34%-207.09%-173.14%
Dividend Paid to FCF71.42%-78.20%149.61%38.14%-27.06%15.76%-17.76%-152.44%-10.83%-8.84%-33.21%-22.79%

Earnings

Report DateSep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate-------
EPS Actual0.090.100.100.110.120.130.09
Surprise-------
Timing-------

Key Statistics & Ratios

Market Cap5.98B
Enterprise Value7.66B
Trailing P/E190.56
Forward P/E0.00
Price / Sales1.35
Price / Book3.13
EPS0.16
Book Value9.32
Revenue (TTM)4.41B
Gross Profit (TTM)511.34M
EBITDA221.65M
Profit Margin0.71%
Operating Margin4.23%
Return on Equity2.79%
Return on Assets1.68%
Shares Outstanding196.09M
Shares Float106.62M
Beta0.89
Dividend Yield0.17%
Dividend Rate0.05
Payout Ratio0.00%

Dividends

20261×
0.05Sep 16, 2026
20251×
0.15Jun 20, 2025
20241×
0.23Jun 21, 2024
20231×
0.14Jun 16, 2023
20221×
0.13Jun 13, 2022