SBT Ultrasonic Technology Co. Ltd. A

688392 · SHG · Industrials / Specialty Industrial Machinery

109.08CNY-6.58 (-5.69%)

Price History

Full chart

Market Stats

Previous Close115.66

Open118.00

Day Range108.70 – 120.33

52-Week Range88.19 – 247.71

Volume3.66M

Market Cap18.11B

P/E (TTM)110.17

Forward P/E0.00

EPS1.42

Dividend Yield0.51%

Beta1.23

50-Day Avg165.63

200-Day Avg149.71

About

SBT Ultrasonic Technology Co., Ltd. engages in the research and development, design, production, and sale of ultrasonic equipment and accessories internationally. It provides ultrasonic application and intelligent equipment solutions. The company also offers ultrasonic wedge welding machines, integrated ultrasonic welding monitoring machines, ultrasonic roll welding machines, wire harness welding, semiconductor ultrasonic bonding and pin welding machines, ultrasonic die bonders, tire cutting systems, plastic welding machines, and advanced ultrasonic scanning microscopes, as well as related accessories including welding heads, non-woven fabric welding, bottom molds, generators, and transducers. The company products are primarily used in new energy batteries, wire harness connectors, semiconductors, rubber tires, non-woven fabrics, and various high-precision applications in automotive, aerospace, medical, and scientific research industries. It serves customers in the new energy, automotive, semiconductor, tire, consumer electronics, home appliance, medical, and scientific research sectors. SBT Ultrasonic Technology Co., Ltd. was founded in 2007 and is headquartered in Shanghai, China.

Company Details

SectorIndustrials
IndustrySpecialty Industrial Machinery
CEOMr. Hongjian Zhou
Employees1.06K
HeadquartersBuliding 2, Shanghai, China, 200240, China
Websitehttps://www.sbt-sh.com

Leadership

Mr. Hongjian ZhouChairman of the Board & GM · b. 1970
Mr. Kai SunDeputy GM, Secretary of Board & CFO · b. 1985
Mr. Zhongfu DuanDeputy GM & Employee Representative Director · b. 1982
Mr. Xinhua ShiDeputy General Manager · b. 1985
Mr. Jiewei ZhaoDeputy General Manager · b. 1972
Fang Li WuHead of Accounting Department

Financials

Income Statement

Currency: CNY	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	108.65M	134.29M	264.55M	370.63M	522.49M	525.19M	584.55M	774.01M
Growth (%)	-	+23.59%	+97.00%	+40.10%	+40.97%	+0.52%	+11.30%	+32.41%
Cost of Revenue	43.58M	76.33M	106.80M	193.90M	259.02M	262.19M	278.38M	283.05M
Gross Profit	65.07M	57.96M	157.75M	176.74M	263.47M	263.00M	306.17M	774.01M
Gross Margin	59.89%	43.16%	59.63%	47.69%	50.43%	50.08%	52.38%	100.00%
Operating Expense	41.68M	49.01M	58.40M	93.95M	145.54M	195.93M	217.98M	652.43M
Operating Income	23.38M	8.95M	99.35M	82.79M	117.94M	67.06M	88.19M	121.58M
Operating Margin	21.52%	6.67%	37.56%	22.34%	22.57%	12.77%	15.09%	15.71%
EBITDA	25.34M	12.66M	102.80M	86.43M	127.42M	87.68M	105.60M	127.08M
EBITDA Margin	23.32%	9.43%	38.86%	23.32%	24.39%	16.69%	18.06%	16.42%
Net Income	23.71M	9.62M	89.29M	69.25M	110.85M	66.54M	85.87M	114.92M
Net Income Margin	21.82%	7.16%	33.75%	18.68%	21.22%	12.67%	14.69%	14.85%
R&D	16.08M	20.06M	32.83M	45.78M	74.53M	117.43M	126.57M	160.01M
R&D as % of Total Revenue	14.80%	14.94%	12.41%	12.35%	14.26%	22.36%	21.65%	20.67%
Interest Expense	307.71K	911.46K	671.66K	1.71M	3.68M	7.07M	7.63M	5.92M
Interest Expense % of Total Revenue	0.28%	0.68%	0.25%	0.46%	0.70%	1.35%	1.31%	0.76%

Balance Sheet

Currency: CNY	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	175.20M	207.78M	270.22M	631.57M	2.14B	2.17B	2.13B	2.37B
Total Liabilities	37.09M	59.56M	159.97M	287.19M	388.61M	420.92M	433.86M	573.30M
Total Equity	137.90M	147.59M	105.14M	341.23M	1.75B	1.75B	1.69B	1.80B
Cash	4.98M	9.00M	51.22M	101.31M	959.28M	1.25B	852.37M	933.81M
Total Debt	-	7.51M	27.86M	18.40M	148.23M	233.74M	212.13M	-
Net Debt	-4.98M	-1.49M	-23.35M	-82.91M	-811.05M	-1.02B	-640.24M	-

Cash Flow

Currency: CNY	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	19.38M	-3.47M	112.31M	-30.57M	4.04M	9.76M	-54.38M	81.20M
Investing Cash Flow	-58.19M	-58.19K	32.19M	-50.16M	-552.73M	280.70M	-177.15M	-
Financing Cash Flow	21.67M	6.94M	-106.16M	128.87M	1.41B	-379.57K	-166.39M	-
Capital Expenditure	12.14M	4.89M	4.44M	13.14M	34.26M	34.06M	134.42M	128.11M
Free Cash Flow	7.24M	-8.36M	107.87M	-43.71M	-30.22M	-24.30M	-188.79M	-46.91M
Dividends Paid	5.15M	515.03K	117.51M	16.10M	2.25M	87.29M	29.43M	67.77M
FCF to OCF	37.36%	240.89%	96.05%	142.99%	-747.79%	-249.12%	347.20%	-57.77%
Dividend Paid to FCF	71.14%	-6.16%	108.93%	-36.83%	-7.43%	-359.15%	-15.59%	-144.46%

Earnings

Report Date	Oct 29, 2022	Mar 1, 2023	Apr 25, 2023	Aug 25, 2023	Oct 27, 2023	Apr 26, 2024	Aug 23, 2024	Oct 25, 2024	Feb 5, 2025	Apr 11, 2025	Apr 24, 2026	Aug 28, 2026
EPS Estimate	-	-	0.40	0.52	0.35	0.23	0.30	0.04	0.09	0.09	0.56	0.44
EPS Actual	0.38	0.22	0.25	0.28	0.06	-0.20	0.04	0.13	0.57	0.58	0.45	0.46
Surprise	-	-	-37.50%	-46.15%	-82.86%	-186.96%	-86.67%	225.00%	533.33%	544.44%	-19.64%	4.55%
Timing	Pre-market	-	After-hours	After-hours	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours

Key Statistics & Ratios

Market Cap18.11B

Enterprise Value19.86B

Trailing P/E110.17

Forward P/E0.00

Price / Sales20.17

Price / Book10.85

EPS1.42

Book Value16.77

Revenue (TTM)897.47M

Gross Profit (TTM)535.94M

EBITDA147.16M

Profit Margin18.10%

Operating Margin12.15%

Return on Equity8.35%

Return on Assets3.34%

Shares Outstanding115.73M

Shares Float62.77M

Beta1.23

Dividend Yield0.51%

Dividend Rate0.80

Payout Ratio65.93%

Dividends

20261×

0.20Jun 1, 2026

20252×

0.20Dec 26, 20250.35Jun 24, 2025

20241×

0.20Jun 20, 2024

20231×

0.71Jun 14, 2023

Stock Splits

Jun 14, 20231.4:1