Wave Cyber Shanghai Co Ltd

688718 · SHG · Industrials / Waste Management

12.90CNY-0.50 (-3.73%)

Price History

Full chart

Market Stats

Previous Close13.40

Open13.40

Day Range12.68 – 13.47

52-Week Range10.31 – 20.15

Volume2.68M

Market Cap2.55B

P/E (TTM)48.90

Forward P/E0.00

EPS0.30

Dividend Yield0.79%

Beta0.97

50-Day Avg13.90

200-Day Avg14.97

About

Wave Cyber (Shanghai) Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of core components for membrane separation technology in China and internationally. The company offers lithium extraction systems, composite pressure tanks, membrane pressure vessels, brine tanks, and cabinets. It also provides membrane sheets and elements for reverse osmosis and nanofiltration applications, as well as ultrafiltration membrane elements. In addition, the company provides water purifiers, new water treatment engineering services, and technical services. Further, it engages in the design, production, sale, and installation of water treatment equipment and its components. Its products are used in material concentration and separation, as well as water treatment, municipal, civil, commercial, and industrial applications. Wave Cyber (Shanghai) Co., Ltd. was founded in 2001 and is based in Shanghai, China.

Company Details

SectorIndustrials
IndustryWaste Management
CEOMr. Jianxin Xie
Employees419
HeadquartersNo. 899, Songying Road, Shanghai, China, 201703, China
Websitehttps://www.wave-cyber.com

Leadership

Mr. Jianxin XieChairman & GM · b. 1961
Ms. Gui ping SunCFO & Accounting Supervisor · b. 1986
Mr. Hai Tao ChengDeputy GM, Core Technical Staff & Director · b. 1960
Mr. Xing Tao WangBoard Secretary & Director · b. 1991

Financials

Income Statement

Currency: CNY	2017-12-31	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	299.74M	327.95M	360.58M	313.60M	379.19M	308.05M	384.21M	375.24M	419.99M
Growth (%)	-	+9.41%	+9.95%	-13.03%	+20.92%	-18.76%	+24.72%	-2.34%	+11.93%
Cost of Revenue	181.83M	205.39M	215.14M	199.68M	249.58M	215.36M	264.09M	250.46M	280.62M
Gross Profit	117.90M	122.55M	145.44M	113.92M	129.61M	92.69M	120.12M	124.77M	419.99M
Gross Margin	39.34%	37.37%	40.33%	36.33%	34.18%	30.09%	31.26%	33.25%	100.00%
Operating Expense	63.54M	60.38M	70.24M	60.90M	67.43M	60.78M	73.50M	86.12M	368.59M
Operating Income	54.36M	62.18M	75.20M	53.01M	62.18M	31.91M	46.62M	38.65M	51.40M
Operating Margin	18.14%	18.96%	20.85%	16.90%	16.40%	10.36%	12.14%	10.30%	12.24%
EBITDA	62.61M	84.06M	98.83M	76.01M	83.55M	59.39M	80.66M	75.72M	88.23M
EBITDA Margin	20.89%	25.63%	27.41%	24.24%	22.03%	19.28%	20.99%	20.18%	21.01%
Net Income	47.42M	54.40M	66.30M	46.76M	50.48M	31.38M	45.94M	38.59M	46.11M
Net Income Margin	15.82%	16.59%	18.39%	14.91%	13.31%	10.19%	11.96%	10.28%	10.98%
R&D	17.67M	20.65M	23.60M	21.28M	23.78M	21.30M	27.39M	29.14M	29.87M
R&D as % of Total Revenue	5.90%	6.30%	6.55%	6.78%	6.27%	6.91%	7.13%	7.77%	7.11%
Interest Expense	1.74M	1.23M	1.53M	1.92M	1.58M	577.77K	288.86K	276.78K	8.07K
Interest Expense % of Total Revenue	0.58%	0.37%	0.43%	0.61%	0.42%	0.19%	0.08%	0.07%	0.00%

Balance Sheet

Currency: CNY	2017-12-31	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	371.91M	424.47M	544.34M	564.68M	780.52M	848.76M	873.20M	911.46M	887.79M
Total Liabilities	65.49M	61.58M	115.68M	133.26M	96.19M	131.55M	107.52M	138.93M	88.91M
Total Equity	306.42M	362.89M	428.67M	431.42M	684.33M	717.20M	763.49M	772.11M	797.11M
Cash	50.41M	40.47M	17.44M	17.95M	130.75M	119.09M	79.48M	45.98M	40.60M
Total Debt	34.00M	10.00M	35.05M	35.43M	14.98M	19.80M	775.47K	15.59M	-
Net Debt	-16.41M	-30.47M	17.60M	17.48M	-115.77M	-99.28M	-78.70M	-45.98M	-

Cash Flow

Currency: CNY	2017-12-31	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	65.25M	64.00M	65.58M	91.09M	40.75M	37.08M	22.65M	26.66M	54.85M
Investing Cash Flow	-30.43M	-49.19M	-112.18M	-41.68M	-112.33M	-57.44M	-48.26M	-31.72M	-
Financing Cash Flow	-17.76M	-23.39M	23.76M	-45.24M	185.18M	2.39M	-13.20M	-34.04M	-
Capital Expenditure	20.49M	10.03M	70.24M	84.32M	133.17M	62.33M	49.86M	17.20M	4.82M
Free Cash Flow	44.76M	53.97M	-4.66M	6.77M	-92.42M	-25.25M	-27.22M	9.46M	50.03M
Dividends Paid	1.76M	993.86K	1.24M	45.67M	1.27M	166.94K	170.44K	19.90M	20.04M
FCF to OCF	68.59%	84.33%	-7.10%	7.43%	-226.79%	-68.09%	-120.19%	35.49%	91.22%
Dividend Paid to FCF	3.92%	1.84%	-26.55%	674.47%	-1.37%	-0.66%	-0.63%	210.36%	40.05%

Earnings

Report Date	Sep 30, 2021	Dec 31, 2021	Mar 31, 2022	Jun 30, 2022	Sep 30, 2022	Dec 31, 2022	Apr 27, 2023
EPS Estimate	-	-	-	-	-	-	-
EPS Actual	0.06	0.05	-0.00	0.04	0.09	0.05	0.04
Surprise	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	Pre-market

Key Statistics & Ratios

Market Cap2.55B

Enterprise Value2.60B

Trailing P/E48.90

Forward P/E0.00

Price / Sales5.85

Price / Book3.27

EPS0.30

Book Value4.74

Revenue (TTM)436.01M

Gross Profit (TTM)147.85M

EBITDA97.94M

Profit Margin12.12%

Operating Margin11.49%

Return on Equity6.80%

Return on Assets3.72%

Shares Outstanding173.75M

Shares Float61.85M

Beta0.97

Dividend Yield0.79%

Dividend Rate0.12

Payout Ratio38.67%

Dividends

20261×

0.12Oct 16, 2026

20251×

0.12Oct 23, 2025

20241×

0.12Jul 10, 2024