Heilongjiang Tianyouwei Electronics Co., Ltd.

Heilongjiang Tianyouwei Electronics Co., Ltd.

603202.SS
Heilongjiang Tianyouwei Electronics Co., Ltd.CN flagShanghai Stock Exchange
50.43
CNY
-0.37
- -
8.07BMarket Cap
Heilongjiang Tianyouwei Electronics Co., Ltd.
603202.SS
(Shanghai Stock Exchange)

Recent

price

50.43

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
16.55
28.65
37.2
27.27
17.48
Revenue per Share
- -
- -
3.33
7.02
9.47
6.29
3.46
Basic EPS, GAAP
- -
- -
-0.34
3.97
6.43
4.41
-2.45
Free Cash Flow per Basic Share
- -
- -
0.21
0.49
0.09
3.86
1.03
Dividend per Share
- -
- -
3.98
9.92
19.39
18.63
17.78
Book Value per Share
- -
- -
6.31
13.42
21.71
44.16
40.58
Tangible Book Value per Share
- -
- -
119
120
120
147
161
Basic Weighted Avg Shares
934
1,168
1,972
3,437
4,465
3,998
2,808
Sales/Revenue/Turnover
7.26
12.47
24.56
29.33
29.63
25.44
22.21
Operating Margin (%)
24
31
33
43
62
85
- -
Depreciation Expense
37
116
397
842
1,136
922
555
Net Income, GAAP
- -
9.43
10.76
15.07
14.19
12.99
10.64
Effective Tax Rate (%)
3.94
9.94
20.12
24.5
25.46
23.06
19.78
Profit Margin (%)
188
200
570
1,446
2,003
5,491
5,410
Working Capital
360
250
218
307
322
219
232
LT Debt
285
374
878
1,738
2,864
6,767
6,876
Total Equity
- -
15.11
39.25
49.91
41.54
16.73
10.18
Return on Invested Capital (%)
- -
18.91
46.9
66.59
52.03
31.44
18.01
Return on Capital (%)
- -
38.58
94.97
101.21
64.64
36.46
20.37
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
234
121
LT Borrowings
- -
63
63
LT Finance Leases
- -
156
169
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
160
160
Market Capitalization
11,864
11,031
15,066

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
7,270
7,461
Cash, Cash Equivalents & STI
- -
4,112
3,358
Accounts Receivable, Net
- -
746
515
Inventories
- -
952
1,202
Total Current Liabilities
- -
1,778
2,051
Payables & Accruals
- -
- -
- -
ST Debt
- -
234
121
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
92.95%
136.32%
Free Cash Flow
- -
-302.59%
-16.14%
Net Income, GAAP
- -
117.16%
-18.88%
Sales/Revenue/Turnover
- -
37.53%
-10.46%
Total Cash Common Dividend
- -
1,026.26%
4,909.22%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
936
1,104
1,181
1,244
4,465
2025
1,043
987
- -
1,018
3,998
2026
804
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.92
- -
- -
- -
9.47
2025
2
- -
- -
- -
6.29
2026
0.79
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
- -
- -
- -
0.09
2025
0.02
- -
- -
- -
3.86
2026
0.01
- -
- -
- -
- -
Business
Heilongjiang Tianyouwei Electronics Co., Ltd. (603202.SS) manufactures and sells automotive electronic instruments and smart cockpit systems, specializing in research, development, design, production, sales, and service of advanced vehicle displays and components. The company's core products include electronic instrument clusters; full liquid crystal display (LCD) instrument clusters; dual-screen instruments; in-vehicle infotainment systems; air conditioning controllers; wireless chargers; sensors; and instrument accessories, with additional offerings in commissioned processing and development services. Founded in 2003 and headquartered in Suihua, Heilongjiang province, China, the firm primarily serves domestic original equipment manufacturers (OEMs) while expanding into overseas markets, including two-wheeler applications and passenger car segments. Recent strategic developments encompass its April 2025 initial public offering on the Shanghai Stock Exchange main board, raising approximately CNY 3.53 billion in net proceeds including excess funds; plans to invest CNY 419 million from IPO excess proceeds into the Harbin Global Automotive Electronics Research and Development Center project; establishment of a joint venture subsidiary, Fujian Tianyouwei Electronic Technology Co., Ltd., with RMB 10 million registered capital in September 2025 alongside Sanfeng Group to broaden passenger car market penetration; and approval in 2025 for a €65 million wholly-owned subsidiary in Morocco to produce automotive dashboards, LCD panels, and smart cockpit solutions targeting exports to Europe. These initiatives support ongoing product upgrades from traditional electronic meters to full digital and dual-screen systems amid rising demand for intelligent cockpits, with 2024 revenue reaching CNY 4.44 billion and sales growth of nearly 30%.