EVE Energy Co., Ltd.

EVE Energy Co., Ltd.

300014.SZ
EVE Energy Co., Ltd.CN flagShenzhen Stock Exchange
59.37
CNY
-1.79
- -
129.03BMarket Cap
EVE Energy Co., Ltd.
300014.SZ
(Shenzhen Stock Exchange)

Recent

price

59.37

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.61
0.63
0.81
2.75
1.61
1.78
1.42
1.83
2.69
3.62
4.4
8.96
19.04
23.85
23.74
30.03
27.03
Revenue per Share
0.11
0.11
0.13
0.43
0.11
0.2
0.15
0.25
0.35
0.86
0.89
1.54
1.84
1.98
1.99
2.02
1.74
Basic EPS, GAAP
-0.2
-0.06
-0.05
0.3
-0.05
-0.34
-0.52
-0.8
-0.23
-0.84
-0.26
-2.34
-5.75
1.8
-0.54
-1.44
-3.83
Free Cash Flow per Basic Share
0.03
0.02
0.03
0.05
- -
0.03
0.03
0.07
0.11
0.05
0.11
0.07
0.4
0.52
0.86
1.12
0.88
Dividend per Share
0.49
0.49
0.59
1.5
1.11
1.3
0.72
1.18
1.46
2.22
3.4
4.87
6.55
7.92
9.31
10.5
9.53
Book Value per Share
1.08
0.79
0.92
2.22
0.78
1.71
0.98
1.75
2.03
4.08
8.7
10.28
16.61
17.57
18.95
20.75
19.17
Tangible Book Value per Share
501
758
748
377
751
757
1,651
1,631
1,619
1,770
1,856
1,887
1,907
2,046
2,048
2,047
2,039
Basic Weighted Avg Shares
305
477
606
1,039
1,209
1,349
2,340
2,982
4,351
6,412
8,162
16,900
36,304
48,784
48,615
61,470
55,125
Sales/Revenue/Turnover
21.19
20.73
17.53
17.9
9
10.85
16.21
13.75
9.62
16.59
15.37
10.01
7.61
10.21
10
6.95
9.02
Operating Margin (%)
7
11
25
35
55
67
87
132
238
308
522
808
1,039
1,464
2,592
3,259
- -
Depreciation Expense
57
86
98
161
83
151
252
403
571
1,522
1,652
2,906
3,509
4,050
4,076
4,134
3,544
Net Income, GAAP
15.28
15.29
15.14
12.75
19.72
8.24
12.16
10.16
3.74
4.76
12.34
- -
- -
6.39
8.99
3.11
10.25
Effective Tax Rate (%)
18.53
17.98
16.22
15.47
6.86
11.22
10.76
13.53
13.12
23.74
20.24
17.19
9.67
8.3
8.38
6.73
6.43
Profit Margin (%)
358
387
428
512
381
732
363
76
399
2,270
4,177
3,316
4,673
-1,106
-1,854
1,422
1,414
Working Capital
- -
- -
- -
- -
- -
- -
27
477
586
134
1,120
7,711
16,284
16,525
18,134
25,815
25,465
LT Debt
582
648
736
896
1,020
1,774
2,094
3,197
3,702
7,712
16,671
20,388
33,160
38,005
40,999
44,971
41,434
Total Equity
9.69
13.52
13.02
19.71
8.86
9.16
14.28
10.49
8.51
14.36
8.21
- -
- -
8.32
7.09
5.77
6.46
Return on Invested Capital (%)
27.54
27.9
24.23
32.3
13.51
15.14
12.87
15.73
17.25
33.18
21.78
- -
- -
10.5
10.11
8.86
7.77
Return on Capital (%)
27.5
27.81
24.3
32.03
11.85
16.63
23.27
25.99
26.65
48.4
32.26
37.51
32.38
28.24
23.12
20.39
19.28
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
7,374
6,757
6,089
LT Borrowings
18,068
25,695
25,410
LT Finance Leases
66
60
55
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,046
2,046
2,046
Market Capitalization
95,791
96,062
93,411

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
37,985
43,260
43,034
Cash, Cash Equivalents & STI
13,593
17,935
14,590
Accounts Receivable, Net
13,099
12,808
13,803
Inventories
5,251
5,302
6,030
Total Current Liabilities
39,838
39,268
41,620
Payables & Accruals
- -
- -
- -
ST Debt
7,374
6,757
6,089
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
42.81%
23.42%
9.69%
Free Cash Flow
129.26%
169.99%
165.74%
Net Income, GAAP
45.75%
22.83%
1.44%
Sales/Revenue/Turnover
50.38%
56.47%
26.44%
Total Cash Common Dividend
98.7%
119.88%
30.28%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,317
12,342
12,390
14,565
48,615
2025
12,796
15,373
16,468
- -
61,470
2026
20,680
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.52
- -
- -
- -
1.99
2025
0.54
- -
- -
- -
2.02
2026
0.7
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
- -
- -
- -
0.86
2025
0.09
- -
- -
- -
1.12
2026
0.1
- -
- -
- -
- -
Business
EVE Energy Co., Ltd. (300014.SZ) researches, develops, manufactures, and sells lithium batteries primarily in China and internationally. The company offers lithium primary batteries including lithium-thionyl chloride batteries, lithium-manganese dioxide batteries, battery capacitors, and composite power supplies; consumer lithium-ion batteries such as small soft pack batteries, bean cells, pin batteries, square steel shell batteries, and cylindrical cells like 18650 and 21700 ternary batteries; power batteries encompassing prismatic LFP cells (e.g., MB56, MB31, LF304, LF234, LF230), pouch NCM cells, prismatic NCM cells, EV-cylindrical cells, large cylindrical batteries, modules, battery systems, and BMS products; and energy storage batteries including large prismatic LFP and NCM cells, cylindrical LFP batteries, utility-scale systems like the S556H201 5MWh container, telecom ESS, and user-side smart operation services. Founded in 2001 and headquartered in Huizhou, Guangdong, China, EVE operates advanced manufacturing bases spanning over 2.8 million square meters in locations including Huizhou (headquarters areas A, B, C and Tonghu), Jingmen (Hubei phases 1-4), Ningbo (Zhejiang), and Qidong (Jiangsu), with emerging facilities in Europe, Southeast Asia (e.g., EVE Malaysia Sdn Bhd), and sales offices in the UK, Germany, France, Italy, Japan, South Korea, India, Canada, Turkey, Poland, Changzhou, Hong Kong, Taipei, and the USA. Products serve IoT applications like smart meters, security, consumer electronics, automotive electronics, smart cities, power tools, and low-speed electric vehicles; energy internet sectors including passenger vehicles, commercial applications, marine vessels (over 1,300 electric ships equipped), and recycling; and global markets where it ranks first in primary lithium battery sales/exports for eight consecutive years, top in small lithium-ion segments, preferred for cylindrical NCM cells in power tools, number two in global energy storage technology (2024), and ninth in EV battery market share (2.3%, 2024). Recent developments include signing a 1.48 GWh three-year energy storage MOU with Sweden's Vimab BESS AB in November 2025 for Northern Europe delivery starting December; a 500 MWh strategic cooperation with Poland's CommVOLT in 2025 for Central/Eastern Europe grid stability projects; a 2.2 GWh partnership with Australia's EVO Power at All Energy Australia 2025; expanded cylindrical battery lines and 6 GWh pouch NCM production in Huizhou; prismatic NCM cell production in Jingmen; supplier designations from BMW Group, Daimler AG, Hyundai Kia, JRL, and China Mobile; launch of marine container mobile power certified by China Classification Society; establishment of ESS headquarters in Wuhan Optics Valley and a postdoctoral program; and ongoing European strategy via Germany office enhancements.