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Xiamen Solex High-tech Industries Co., Ltd.

Xiamen Solex High-tech Industries Co., Ltd.

603992.SS
Xiamen Solex High-tech Industries Co., Ltd.CN flagShanghai Stock Exchange
28.37
CNY
-2.84
- -
12.57BMarket Cap
Xiamen Solex High-tech Industries Co., Ltd.
603992.SS
(Shanghai Stock Exchange)

Recent

price

28.37

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
4.79
4.91
4.68
5.04
7.41
7.91
8.21
7.43
6.12
6.55
Revenue per Share
- -
- -
0.43
0.66
0.63
0.67
0.75
0.65
0.97
1.1
0.48
0.77
Basic EPS, GAAP
- -
- -
0.16
0.7
-0.08
0.05
-0.12
1
0.9
0.86
- -
-0.6
Free Cash Flow per Basic Share
- -
- -
1.41
0.1
0.17
0.17
0.21
0.13
0.55
0.48
0.38
0.27
Dividend per Share
- -
- -
1.06
1.56
2
2.27
2.74
3.24
4.08
4.25
4.11
4.14
Book Value per Share
- -
- -
2.56
3.09
4.75
4.79
5.1
5.04
6.22
6.97
6.98
6.97
Tangible Book Value per Share
- -
- -
362
358
372
404
402
402
363
406
428
413
Basic Weighted Avg Shares
1,345
1,467
1,735
1,759
1,739
2,035
2,977
3,181
2,983
3,015
2,620
2,708
Sales/Revenue/Turnover
10.47
15.47
11.76
15.44
15.2
15.27
11.93
11.68
15.1
15.46
7.68
11.53
Operating Margin (%)
53
47
51
50
51
63
120
163
145
125
125
- -
Depreciation Expense
127
212
156
236
234
270
301
261
352
446
205
318
Net Income, GAAP
15.22
14.63
17.44
14.29
11.94
13.09
12.92
10.84
- -
9.49
3.74
6.96
Effective Tax Rate (%)
9.43
14.43
8.98
13.43
13.47
13.29
10.12
8.21
11.81
14.81
7.84
11.75
Profit Margin (%)
582
683
529
663
1,050
1,020
731
1,574
1,632
1,882
1,848
1,727
Working Capital
- -
- -
- -
- -
- -
63
367
727
622
325
257
259
LT Debt
966
1,178
942
1,146
1,806
2,006
2,423
2,378
2,572
3,174
3,333
3,231
Total Equity
- -
16.93
15.54
22.45
15.83
13.93
12.29
10.83
- -
12.52
5.38
8.47
Return on Invested Capital (%)
- -
21.52
21.47
50.16
35.96
31.36
21.5
12.78
- -
22.18
10.35
15.7
Return on Capital (%)
- -
22.31
21.84
50.14
35.96
32.63
29.92
21.76
25.34
27.84
11.79
19.08
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1
1
2
LT Borrowings
311
243
246
LT Finance Leases
14
14
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
427
433
433
Market Capitalization
7,616
9,314
9,033

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
2,689
2,551
2,472
Cash, Cash Equivalents & STI
1,763
1,719
1,647
Accounts Receivable, Net
554
473
430
Inventories
290
299
345
Total Current Liabilities
807
687
746
Payables & Accruals
- -
- -
- -
ST Debt
1
1
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.77%
11.09%
4.98%
Free Cash Flow
-134.65%
-281.08%
-99.64%
Net Income, GAAP
11.25%
1.14%
-53.99%
Sales/Revenue/Turnover
7.95%
6.98%
-13.1%
Total Cash Common Dividend
830.45%
50.24%
-15.57%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
681
766
744
823
3,015
2025
562
578
768
- -
2,620
2026
819
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.27
- -
- -
- -
1.1
2025
0.11
- -
- -
- -
0.48
2026
0.23
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.48
2025
- -
- -
- -
- -
0.38
2026
- -
- -
- -
- -
- -
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Business
Xiamen Solex High-tech Industries Co., Ltd. Xiamen Solex High-tech Industries Co., Ltd. (603992.SS) designs, manufactures, and sells kitchen and bathroom products, beauty and health devices, and smart health solutions primarily in China and internationally. The company offers core products including shower heads, shower systems, faucets, hoses, lifting rods and spare parts, smart toilets, smart bathroom cabinets, SPA beauty showers, beauty instruments, tooth irrigators, hair conditioners, smart skin testers, and SOLEX Robotics systems; it operates through an IDM (integrated design and manufacturing) model that integrates technological innovation, industrial design, and precision manufacturing to serve global sanitary ware brands, beauty health brands, major retailers, and e-commerce platforms. Founded in 2004 and headquartered at No. 298, Sunshine West Road, Haicang District, Xiamen, Fujian Province, China, the company maintains manufacturing facilities in China, including plastic injection, metal, electronics, and smart toilet plants totaling over 500,000 square meters, and has expanded internationally with a Vietnam plant. Recent developments include the grand opening of its Solex High-tech Industries (Vietnam) factory in Bac Tien Phong Industrial Zone, Quang Ninh Province, on October 22, 2025, marking a new phase in global layout; receipt of the 2025 Listed Company Internal Control Best Practice Case award on September 30, 2025; and hosting visits from pension giants Taikang Home and Wuxin Pension on August 14, 2025, to explore the caregiving robotics sector. Earlier, the company completed acquisitions of stakes in Bestter Technology, Inc., enhancing its technology capabilities, and continues to invest over 6% of turnover annually in R&D, holding 394 invention patents as a national enterprise technology center and industrial design center.