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    Industrial - Machinery
Shanghai Highly (Group) Co., Ltd.

Shanghai Highly (Group) Co., Ltd.

600619.SS
Shanghai Highly (Group) Co., Ltd.CN flagShanghai Stock Exchange
14.87
CNY
-0.08
- -
11.74BMarket Cap
Shanghai Highly (Group) Co., Ltd.
600619.SS
(Shanghai Stock Exchange)

Recent

price

14.87

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
10.68
13.47
10.54
10.17
10.19
7.75
8.38
11.89
13.56
14.04
12.95
16.6
13.96
16.74
16.62
19.98
15.94
Revenue per Share
0.24
0.27
0.23
0.16
0.14
0.09
0.2
0.32
0.36
0.33
0.19
0.34
0.03
0.03
0.03
0.07
0.1
Basic EPS, GAAP
-0.24
-1.44
0.11
0.1
0.2
0.18
0.37
0.41
0.66
0.11
-0.02
-0.21
-0.18
0.19
0.6
0.03
-0.91
Free Cash Flow per Basic Share
0.2
0.22
0.34
0.25
0.26
0.2
0.19
0.21
0.28
0.21
0.28
0.27
0.23
0.17
0.13
0.12
0.05
Dividend per Share
1.77
1.93
2.05
2.03
2
2.01
1.83
2.04
2.29
2.44
2.44
2.58
1.95
2.25
2.04
2.29
2.35
Book Value per Share
3.23
3.65
4.4
4.3
4.2
5.02
4.51
4.84
5.27
5.44
5.48
6.8
5.13
5.93
5.4
6.01
6.03
Tangible Book Value per Share
600
609
643
651
668
760
881
879
864
865
855
950
1,182
1,017
1,128
1,026
1,035
Basic Weighted Avg Shares
6,402
8,205
6,773
6,622
6,808
5,896
7,384
10,447
11,708
12,140
11,073
15,769
16,503
17,031
18,747
20,498
16,489
Sales/Revenue/Turnover
5.02
4.9
5.73
3.48
3.21
3.33
3.38
5.2
5.05
3.88
3.33
1.22
-0.66
0.46
2.25
3.05
4.22
Operating Margin (%)
250
286
332
328
344
412
485
500
540
559
558
735
719
699
790
842
- -
Depreciation Expense
144
164
148
104
94
68
176
281
311
285
163
323
35
31
34
72
107
Net Income, GAAP
18.24
18.21
18.71
15.85
17.06
23.51
16.78
12.11
5.79
2.48
- -
- -
- -
- -
85.91
26.57
19.05
Effective Tax Rate (%)
2.25
2
2.18
1.57
1.37
1.16
2.39
2.69
2.66
2.35
1.47
2.05
0.21
0.18
0.18
0.35
0.65
Profit Margin (%)
-314
-493
14
785
701
935
1,032
427
545
1,057
1,413
2,602
3,252
3,508
1,552
1,294
1,382
Working Capital
- -
227
163
1,089
1,047
1,177
1,130
82
192
44
270
1,124
1,157
1,716
1,058
1,419
1,463
LT Debt
2,186
2,469
3,067
3,066
3,115
4,708
4,784
5,049
5,314
5,482
5,466
7,645
7,386
7,819
7,841
7,883
7,929
Total Equity
9.15
9.31
7.35
4.18
3.64
2.44
2.87
6.24
7.35
6.88
- -
- -
- -
- -
0.51
3.88
4.78
Return on Invested Capital (%)
5.56
6.84
6.14
4.71
3.52
2.56
4.49
5.97
5.72
6.23
- -
- -
- -
- -
0.93
1.8
2.2
Return on Capital (%)
14.54
14.7
11.85
7.88
7.02
4.78
11.22
16.5
16.48
13.97
7.75
14.25
1.49
1.33
1.47
3.09
4.51
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
2,301
2,171
LT Borrowings
- -
1,187
1,238
LT Finance Leases
- -
232
225
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
1,073
1,073
Market Capitalization
37,850
32,190
16,514

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
15,482
15,149
Cash, Cash Equivalents & STI
- -
3,292
3,140
Accounts Receivable, Net
- -
2,931
4,060
Inventories
- -
5,739
4,666
Total Current Liabilities
- -
14,188
13,767
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,301
2,171
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.84%
8.63%
0.54%
Free Cash Flow
97.3%
192.91%
-95.05%
Net Income, GAAP
29.52%
23.77%
112.18%
Sales/Revenue/Turnover
14.34%
13.94%
9.34%
Total Cash Common Dividend
0.09%
-11.06%
-14.96%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,580
5,401
4,192
3,574
18,747
2025
6,753
5,673
- -
4,009
20,498
2026
6,807
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
- -
- -
- -
0.03
2025
0.01
- -
- -
- -
0.07
2026
0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
- -
- -
- -
0.13
2025
0.01
- -
- -
- -
0.12
2026
0.02
- -
- -
- -
- -
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Business
Shanghai Highly (Group) Co., Ltd. (600619.SS) researches, develops, manufactures, and sells components for white goods, energy vehicles, and heating and cooling systems primarily in China and internationally. The company offers compressors for household air conditioners, light commercial air conditioners, and home appliances with heating and cooling functions; refrigeration motors for air conditioner and refrigerator compressors; refrigeration castings and forgings; equipment thermal management solutions for high-temperature environments; freezer and cold storage systems for supermarkets and cold chain warehouses; heat pump systems for indoor and building heating; automotive air conditioning systems and new energy vehicle thermal management systems; new energy vehicle electric air conditioning compressors for passenger cars, commercial vehicles, and buses; vehicle and cold chain compressors for parking air conditioners, RV air conditioners, refrigerated truck units, bus battery thermal management, and automotive refrigerators; and automobile castings and forgings for transmission, air conditioning, steering, and braking systems. Operating through three main segments—compressors and related refrigeration equipment, automotive parts, and trade and property leasing—the company serves household appliance manufacturers, automotive original equipment manufacturers, and commercial refrigeration clients across domestic and overseas markets. Founded in 1954 and headquartered in Shanghai, China, Shanghai Highly maintains a global layout with subsidiaries including Shanghai Highly Electrical Appliances Co., Ltd. and Anhui Highly, producing core products such as rotor compressors, traditional automotive air conditioner compressors, electric scroll compressors for new energy vehicles, automotive air conditioner systems, heat pump systems, refrigeration motors, and castings that reach millions of families in 165 countries and regions. Recent developments include the launch of ESG initiatives for green, low-carbon development; implementation of SAP ERP projects at Anhui Highly for digitalization; a strategic cooperation agreement with Shanghai Microelectronics Equipment (Group) Co., Ltd. to advance technological collaboration; showcasing of next-generation lightweight thermal management solutions at Auto Shanghai 2025; and significant profit growth, with attributable profit soaring eightfold in the first half of the year alongside strong operational performance reflected in the 2024 annual and 2025 semi-annual reports.