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    Industrial - Machinery
Shanghai Hugong Electric Group Co.,Ltd.

Shanghai Hugong Electric Group Co.,Ltd.

603131.SS
Shanghai Hugong Electric Group Co.,Ltd.CN flagShanghai Stock Exchange
17.71
CNY
-1.19
- -
5.97BMarket Cap
Shanghai Hugong Electric Group Co.,Ltd.
603131.SS
(Shanghai Stock Exchange)

Recent

price

17.71

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.01
2.17
2.32
2.29
2.2
2.06
2.53
3.03
2.86
3.4
4.09
3.13
3.3
3.44
3.04
3.64
Revenue per Share
0.2
0.2
0.24
0.24
0.23
0.29
0.24
0.26
0.3
0.38
0.45
-0.4
-0.17
0.04
-0.06
-0.08
Basic EPS, GAAP
-0.22
-0.13
0.22
0.17
0.3
0.21
0.28
-0.1
-0.2
0.33
-0.12
0.28
0.33
0.56
0.23
-0.02
Free Cash Flow per Basic Share
0.01
0.01
0.01
0.11
0.05
- -
0.12
0.09
0.08
0.11
0.21
0.04
0.02
0.03
0.05
0.04
Dividend per Share
0.43
0.6
0.82
0.94
1.1
1.31
1.58
1.79
2.09
2.34
2.56
2.17
1.96
2
2.02
2.24
Book Value per Share
0.79
0.99
1.23
1.38
1.57
2.53
2.25
2.39
2.8
3.14
3.39
3.49
3.61
3.73
4.59
4.18
Tangible Book Value per Share
208
211
211
209
209
242
282
285
317
320
321
316
319
314
303
281
Basic Weighted Avg Shares
419
458
489
479
460
500
713
864
907
1,086
1,311
992
1,053
1,079
923
1,024
Sales/Revenue/Turnover
12.06
10.39
12.12
11.09
9.34
13.03
13.34
8.29
11.49
15.78
13.58
5.39
5.74
4.13
2.78
2.7
Operating Margin (%)
- -
- -
7
9
10
10
11
13
25
30
43
47
43
40
38
- -
Depreciation Expense
42
43
51
51
48
69
68
74
95
122
144
-127
-54
13
-18
-22
Net Income, GAAP
13.8
13.5
13.79
14.22
13.12
14.42
13.06
10.12
12.53
12.43
10.41
- -
- -
12.41
- -
187.43
Effective Tax Rate (%)
9.95
9.39
10.33
10.59
10.55
13.85
9.6
8.59
10.49
11.19
11.01
-12.76
-5.15
1.16
-1.97
-2.14
Profit Margin (%)
75
113
120
146
190
482
491
451
586
1,049
1,034
1,084
1,159
1,211
1,037
1,247
Working Capital
15
30
- -
- -
- -
- -
- -
- -
58
495
439
444
437
444
10
447
LT Debt
174
218
268
296
336
622
663
1,025
1,218
1,328
1,405
1,265
1,212
1,229
1,452
1,232
Total Equity
- -
17.92
19.77
15.97
11.56
11.61
12.81
7.49
7.77
9.54
8.47
- -
- -
2.34
- -
- -
Return on Invested Capital (%)
- -
31.15
30.69
26.64
21.73
24.82
16.48
14.38
16.02
12.9
12.6
- -
- -
2.47
- -
1.31
Return on Capital (%)
- -
39.74
33.57
27.44
22.71
25.26
17.95
15.51
16.2
17.21
18.4
-16.8
-8.28
2
-2.93
-3.38
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
62
59
15
LT Borrowings
434
437
439
LT Finance Leases
9
12
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
318
318
318
Market Capitalization
5,288
4,895
4,983

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,763
1,726
1,699
Cash, Cash Equivalents & STI
1,104
1,078
1,082
Accounts Receivable, Net
325
311
285
Inventories
282
298
294
Total Current Liabilities
552
490
452
Payables & Accruals
- -
- -
- -
ST Debt
62
59
15
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.55%
2.25%
18.16%
Free Cash Flow
-67.02%
-87.57%
-60.64%
Net Income, GAAP
-48.8%
-118.79%
-244.87%
Sales/Revenue/Turnover
8.78%
-1.88%
-14.48%
Total Cash Common Dividend
14,854.28%
10.95%
63.26%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
221
264
248
345
1,079
2025
208
223
282
- -
923
2026
199
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
- -
- -
- -
0.04
2025
0.03
- -
- -
- -
-0.06
2026
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.03
2025
- -
- -
- -
- -
0.05
2026
- -
- -
- -
- -
- -
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Business
Shanghai Hugong Electric Group Co., Ltd. (603131.SS) manufactures and sells welding and cutting equipment in China. The company offers a comprehensive range of welding machines, including stick welders, MIG/MAG welders, TIG/argon arc welders, plasma cutters, submerged arc welders, engine-driven welders, manual laser welders, and gas shielded welding machines; laser cutting machines such as large-format gantry-style and bevel-cutting models; plasma cutting machines comprising CNC flame, plasma, and pipe intersection cutters; numerical control cutting equipment; robot integration systems; and automation solutions including white body welding production lines, welding fixtures, robotic workstations, non-standard special machines, digital intelligent welding machines, digital welding cloud platform group control systems, and digital IoT intelligent systems. These products serve diverse industries such as automobile manufacturing, marine engineering, electric power stations, aerospace, military, petrochemical equipment, pipeline construction, rail transportation, construction engineering, machinery manufacturing, bridge construction, pressure vessels, shipbuilding, general equipment manufacturing, new energy, power batteries, and 3C electronics. The company operates primarily in the domestic Chinese market while exporting to over 110 countries worldwide. Founded in 1958 and headquartered at No. 7177 Waiqingsong Highway, Qingpu District, Shanghai, China, Shanghai Hugong Electric Group employs approximately 1,170 people and maintains production facilities spanning 50,000-100,000 square meters with over 10 production lines. In recent developments, the company continues to emphasize international expansion, with exports supporting a portion of its CNY 1.07 billion trailing twelve-month revenue as of mid-2025; it announced plans in 2023 to boost international sales by 20% through strategic partnerships and collaborations. Shanghai Hugong has also advanced its product innovation, launching specialized equipment like the HGLX large-format bevel gantry laser cutting machine with multi-angle capabilities and the WSM 315Kv industrial-grade argon arc welder, alongside large pipeline robots for natural gas and petrochemical applications, as highlighted in early 2025 company updates. These initiatives align with its focus on digitalization, sustainability, and market growth in renewable energy sectors, positioning it among China's leading welding equipment providers.