Sanyou Corporation Limited

Sanyou Corporation Limited

300932.SZ
Sanyou Corporation LimitedCN flagShenzhen Stock Exchange
10.10
CNY
+0.07
- -
4.53BMarket Cap
Sanyou Corporation Limited
300932.SZ
(Shenzhen Stock Exchange)

Recent

price

10.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
3.62
3.2
3.3
3.91
3.85
4.12
4.04
4.89
5.22
4.17
Revenue per Share
- -
0.18
0.26
0.3
0.45
0.27
0.17
0.1
0.14
0.16
0.14
Basic EPS, GAAP
- -
-0.23
0.02
0.02
-0.07
-0.54
-0.64
-0.33
-0.14
0.05
-0.44
Free Cash Flow per Basic Share
- -
0.06
0.05
0.03
0.02
0.11
0.11
0.08
0.12
0.15
0.14
Dividend per Share
- -
0.73
0.88
1.06
1.49
1.36
1.53
1.55
1.75
1.99
2.12
Book Value per Share
- -
1.75
1.9
1.87
2.32
3.66
3.6
3.49
3.63
3.69
3.9
Tangible Book Value per Share
- -
247
295
336
336
439
450
455
443
442
423
Basic Weighted Avg Shares
703
895
943
1,109
1,312
1,692
1,852
1,836
2,168
2,308
1,764
Sales/Revenue/Turnover
6.97
9.52
10.94
12.04
14.82
7.35
3.16
3.33
4.27
4.46
5.25
Operating Margin (%)
33
38
40
45
49
61
85
121
143
159
- -
Depreciation Expense
22
44
76
101
150
117
76
46
63
73
57
Net Income, GAAP
27.17
23.35
13.12
12.29
12.95
5.94
- -
- -
- -
2.47
28.31
Effective Tax Rate (%)
3.14
4.89
8.06
9.08
11.41
6.93
4.1
2.53
2.92
3.15
3.25
Profit Margin (%)
-55
108
225
268
369
859
607
488
377
547
533
Working Capital
3
3
3
5
38
75
149
240
323
530
514
LT Debt
294
478
621
719
868
1,694
1,733
1,757
1,777
1,797
1,811
Total Equity
- -
11.13
12.62
14.76
17.9
8.11
- -
- -
- -
4.26
- -
Return on Invested Capital (%)
- -
19.45
28.46
28.81
26.91
15.91
- -
- -
- -
6.04
4.34
Return on Capital (%)
- -
19.92
34.57
32.68
34.95
21.35
11.82
6.67
8.56
8.77
6.81
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
119
167
LT Borrowings
- -
530
513
LT Finance Leases
- -
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
448
448
448
Market Capitalization
4,033
4,384
5,536

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
1,595
1,731
Cash, Cash Equivalents & STI
- -
281
254
Accounts Receivable, Net
- -
716
757
Inventories
- -
354
458
Total Current Liabilities
- -
1,047
1,198
Payables & Accruals
- -
- -
- -
ST Debt
- -
119
167
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
20.24%
1.16%
Free Cash Flow
- -
133.54%
-137.56%
Net Income, GAAP
- -
-8.92%
14.71%
Sales/Revenue/Turnover
- -
12.43%
6.44%
Total Cash Common Dividend
- -
158.67%
21.13%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
467
595
538
568
2,168
2025
534
619
- -
563
2,308
2026
582
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.14
2025
0.03
- -
- -
- -
0.16
2026
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.12
2025
0.01
- -
- -
- -
0.15
2026
0.01
- -
- -
- -
- -
Business
Sanyou Corporation Limited (300932.SZ) engages in the research, development, manufacture and sale of relays and transformers primarily in China. The company offers a broad portfolio of products including general power relays, magnetic latching relays, automotive relays, high voltage DC relays, new energy relays such as photovoltaic and precharge relays for electric vehicles and charging systems, communication relays, signal relays, inductors and various transformers encompassing miniature current transformers, miniature voltage transformers, metering transformers for electric energy meters including State Grid new standard models, relay protection transformers, motor protection transformers, switching transformers, zero sequence and residual current transformers, split-core transformers and digital display meter transformers; these products serve applications in household appliances, smart homes and grids, industrial control, automotive systems, new energy vehicles, power generation, electricity metering, electromechanical protection and aerospace. Founded in 2008 and headquartered in Dongguan, Guangdong Province, China, Sanyou operates through 12 subsidiaries with over 3,000 employees and maintains a global sales network including offices in South China, North China and East China as well as presence in regions such as Europe, North America and South Korea. Recent developments include the full operationalization of Ningbo Yongyou Electronics Co., Ltd.'s capital increase and expansion project for annual production of 0.4 billion relays across Phase I and II in 2024, heightened research and development investments focused on new energy relays and incubating sectors to enhance profitability and market competitiveness, expansion of automotive and new energy relay customer base through cooperations with firms including Wanxiang, Bosch, Camel and Beiqi Foton, and strategic efforts to increase overseas revenue contribution from general power relays, current transformers, magnetic latching relays and new energy relays amid a 18.07% revenue growth to 2.168 billion yuan and 36.48% net income rise to 63.32 million yuan in 2024.