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Hefei Kewell Power System Co Ltd

688551 · SHG · Technology / Electronic Components

28.07CNY-1.28 (-4.36%)

Price History

Full chart

Market Stats

Previous Close29.35
Open29.56
Day Range27.95 – 30.01
52-Week Range26.52 – 80.12
Volume1.91M
Market Cap4.02B
P/E (TTM)83.82
Forward P/E0.00
EPS0.44
Dividend Yield0.69%
Beta0.86
50-Day Avg38.91
200-Day Avg40.53

About

Hefei Kewell Power System Co.,Ltd. provides test systems and intelligent manufacturing equipment in China and internationally. It offers test power supply products, including DC power supply/DC load, AC power supply/AC load, motor simulators, and charge and discharge test systems; power semiconductor testing and intelligent manufacturing equipment comprising performance and reliability testing systems, production line automation equipment, and process equipment; and hydrogen energy testing and intelligent manufacturing equipment, such as solid oxide, electrolytic cell, fuel cell, and electrochemical testing systems, as well as the TestWell hydrogen energy testing software platform. The company also provides AI server power system testing, photovoltaic energy storage testing, new energy vehicle testing, fuel cell testing system, electrolytic cell testing system, power semiconductor test, and semiconductor packaging process equipment solutions, as well as technical, quality, and customer support services. It exports its products to Europe, Japan, South Korea, and other Southeast Asian countries and regions. The company was incorporated in 2011 and is headquartered in Hefei, China.

Company Details

  • SectorTechnology
  • IndustryElectronic Components
  • CEOMr. Shitao Fu
  • Employees628
  • HeadquartersNo. 8, Dalongshan Road, Hefei, China, 230088, China
  • Websitehttps://www.kewell.com.cn

Leadership

  • Mr. Shitao FuChairman of the Board & GM · b. 1979
  • Mr. Pengsheng GeBoard Secretary & CFO · b. 1976
  • Mr. Deping TangDeputy General Manager · b. 1981
  • Mr. Jun LiuDeputy GM, GM of Power Business Department & Director · b. 1982
  • Mr. Shun GaoDeputy GM & GM of Power Semiconductor Division · b. 1979
  • Junjun SangAccounting Supervisor

Financials

Income Statement

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue98.79M140.00M169.45M162.48M247.52M375.14M528.95M478.27M513.61M
Growth (%)-+41.72%+21.04%-4.11%+52.34%+51.56%+41.00%-9.58%+7.39%
Cost of Revenue31.75M43.83M59.09M64.91M120.22M189.36M254.80M270.08M295.67M
Gross Profit67.04M96.17M110.36M97.57M127.30M185.78M274.15M208.20M513.61M
Gross Margin67.87%68.69%65.13%60.05%51.43%49.52%51.83%43.53%100.00%
Operating Expense20.53M57.98M42.31M42.64M72.75M123.15M147.94M162.13M451.60M
Operating Income46.51M38.19M68.05M54.93M54.55M62.63M126.21M46.07M62.01M
Operating Margin47.08%27.28%40.16%33.81%22.04%16.69%23.86%9.63%12.07%
EBITDA47.26M40.47M72.31M64.32M65.74M72.18M138.16M61.25M76.23M
EBITDA Margin47.84%28.91%42.67%39.59%26.56%19.24%26.12%12.81%14.84%
Net Income40.07M33.96M61.63M54.03M56.92M62.22M117.07M49.05M64.90M
Net Income Margin40.56%24.25%36.37%33.26%22.99%16.59%22.13%10.26%12.64%
R&D10.55M10.36M16.78M18.84M46.94M76.72M82.33M78.93M76.79M
R&D as % of Total Revenue10.68%7.40%9.90%11.60%18.96%20.45%15.56%16.50%14.95%
Interest Expense18.24K436.18K385.37K48.27K109.07K855.32K1.19M1.14M435.44K
Interest Expense % of Total Revenue0.02%0.31%0.23%0.03%0.04%0.23%0.22%0.24%0.08%

Balance Sheet

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets95.71M201.59M291.57M1.02B1.15B1.36B1.73B1.71B1.67B
Total Liabilities41.92M67.32M103.77M95.44M176.88M329.70M422.75M410.96M356.77M
Total Equity53.79M134.27M187.79M921.18M968.22M1.03B1.31B1.30B1.32B
Cash24.52M59.44M45.56M275.20M378.48M568.82M733.70M447.58M234.59M
Total Debt-9.80M19.46M24.53M9.01M35.02M34.63M32.48M-
Net Debt-24.52M-49.64M-26.10M-250.66M-369.47M-533.80M-698.51M-415.10M-

Cash Flow

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow13.55M17.21M49.43M45.64M11.98M-9.63M85.38M69.13M104.89M
Investing Cash Flow1.92M-13.99M-52.15M-488.67M100.76M156.30M-92.53M-268.76M-
Financing Cash Flow-3.60M31.50M-18.26M675.20M-20.97M10.17M157.88M-63.88M-
Capital Expenditure1.23M14.06M22.76M18.68M44.83M59.28M84.51M130.10M86.79M
Free Cash Flow12.32M3.14M26.67M26.97M-32.85M-68.91M869.77K-60.97M18.10M
Dividends Paid3.60M9.18M8.26M10.20M16.00M18.36M29.71M51.09M33.58M
FCF to OCF90.92%18.27%53.96%59.08%-274.22%715.38%1.02%-88.19%17.25%
Dividend Paid to FCF29.23%291.86%30.97%37.82%-48.71%-26.65%3416.09%-83.80%185.54%

Earnings

Report DateSep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Apr 24, 2022Aug 28, 2022Oct 27, 2022Dec 31, 2022Apr 24, 2023
EPS Estimate-----------
EPS Actual0.150.230.160.220.240.100.090.100.370.210.21
Surprise-----------
Timing------After-hoursAfter-hoursPre-market-Pre-market

Key Statistics & Ratios

Market Cap4.02B
Enterprise Value4.04B
Trailing P/E83.82
Forward P/E0.00
Price / Sales7.95
Price / Book3.60
EPS0.44
Book Value12.14
Revenue (TTM)505.54M
Gross Profit (TTM)215.97M
EBITDA59.95M
Profit Margin9.50%
Operating Margin1.00%
Return on Equity3.69%
Return on Assets1.53%
Shares Outstanding108.99M
Shares Float45.35M
Beta0.86
Dividend Yield0.69%
Dividend Rate0.25
Payout Ratio53.10%

Dividends

20262×
0.15Jun 5, 20260.08Feb 6, 2026
20251×
0.31Jun 9, 2025
20241×
0.46May 23, 2024
20231×
0.28May 19, 2023
20221×
0.17May 20, 2022
20211×
0.15May 12, 2021

Stock Splits

  • Jun 5, 20261.3:1