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Xi'an High Voltage Apparatus Research Institute Co. Ltd.

688334 · SHG · Industrials / Specialty Business Services

18.10CNY-0.27 (-1.47%)

Price History

Full chart

Market Stats

Previous Close18.37
Open18.30
Day Range18.07 – 18.45
52-Week Range16.73 – 28.06
Volume1.06M
Market Cap5.69B
P/E (TTM)22.20
Forward P/E0.00
EPS0.81
Dividend Yield2.50%
Beta0.71
50-Day Avg18.07
200-Day Avg20.50

About

Xi'an High Voltage Apparatus Research Institute Co., Ltd., together with its subsidiaries, provides electrical inspection and testing services in China, Hong Kong, Macao, Taiwan, and internationally. The company offers professional technical services; type, performance, routine, and certificate tests; arbitration inspection; quality appraisement; and metrological verification of electrical equipment. It also provides product certification, greenhouse gas verification, green manufacturing evaluation, and electric power equipment inspection services; and technical research and consulting services for electrical equipment testing technology, key technologies of power transmission and transformation equipment, laboratory construction, electrical equipment fault analysis, specialized technical training in the field of power transmission and transformation, and technical and industry analysis. The company's services are used in high-voltage switches, insulators, surge arresters, capacitors, transformers, instrument transformers, reactors, power electronic equipment, and low-voltage electrical appliances. Xi'an High Voltage Apparatus Research Institute Co., Ltd. was founded in 1958 and is headquartered in Xi'an, China.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Business Services
  • CEOMr. Wang Hui
  • Employees700
  • HeadquartersNo. 18, North Section of West Second Ring Road, Xi'an, China, 710077, China
  • Websitehttps://www.xihari.com

Leadership

  • Mr. Wang HuiChief Accountant, General Legal Counsel & Secretary · b. 1978
  • Mr. Xiao Yong ZhangDeputy General Manager · b. 1975
  • Mr. Jiang LiDeputy General Manager · b. 1984
  • Mr. Fu Xing YuanCore Technical Personnel · b. 1963
  • Mr. Si Li YaoCore Technical Personnel · b. 1965
  • Mr. Shi HuangCore Technical Personnel · b. 1973
  • Mr. Jian Sheng WangCore Technical Personnel · b. 1963

Financials

Income Statement

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue447.15M521.12M755.09M798.36M867.97M
Growth (%)-+16.54%+44.90%+5.73%+8.72%
Cost of Revenue271.36M270.03M394.13M377.45M395.18M
Gross Profit447.15M251.09M360.96M420.91M472.79M
Gross Margin100.00%48.18%47.80%52.72%54.47%
Operating Expense0123.48M155.79M194.90M197.99M
Operating Income447.15M127.61M205.16M226.01M274.80M
Operating Margin100.00%24.49%27.17%28.31%31.66%
EBITDA-261.23M366.06M418.09M454.35M
EBITDA Margin-50.13%48.48%52.37%52.35%
Net Income81.56M130.36M189.34M228.67M248.72M
Net Income Margin18.24%25.01%25.07%28.64%28.66%
R&D34.64M49.79M70.09M84.80M90.87M
R&D as % of Total Revenue7.75%9.56%9.28%10.62%10.47%
Interest Expense346.45K300.21K253.98K517.19K1.09M
Interest Expense % of Total Revenue0.08%0.06%0.03%0.06%0.13%

Balance Sheet

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.17B2.25B3.64B3.55B3.77B
Total Liabilities452.34M404.18M538.75M619.24M649.36M
Total Equity01.85B3.06B2.78B2.91B
Cash455.41M286.27M863.75M1.05B1.39B

Cash Flow

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow153.79M196.63M312.61M482.48M480.40M
Capital Expenditure58.86M79.07M83.94M143.25M131.91M
Free Cash Flow153.79M117.56M228.67M339.24M348.49M
Dividends Paid133.08M10.29M109.43M131.59M150.06M
FCF to OCF100.00%59.79%73.15%70.31%72.54%
Dividend Paid to FCF86.53%8.76%47.85%38.79%43.06%

Key Statistics & Ratios

Market Cap5.69B
Enterprise Value4.04B
Trailing P/E22.20
Forward P/E0.00
Price / Sales6.40
Price / Book1.92
EPS0.81
Book Value9.42
Revenue (TTM)889.25M
Gross Profit (TTM)477.94M
EBITDA389.12M
Profit Margin28.70%
Operating Margin30.01%
Return on Equity9.15%
Return on Assets4.44%
Shares Outstanding316.58M
Shares Float99.99M
Beta0.71
Dividend Yield2.50%
Dividend Rate0.45
Payout Ratio53.83%

Dividends

20262×
0.24Sep 14, 20260.20May 26, 2026
20253×
0.23Sep 12, 20250.14Jun 6, 20250.10Jan 15, 2025
20242×
0.16Nov 22, 20240.26May 31, 2024