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    Industrial - Machinery
Shenzhen United Winners Laser Co., Ltd.

Shenzhen United Winners Laser Co., Ltd.

688518.SS
Shenzhen United Winners Laser Co., Ltd.CN flagShanghai Stock Exchange
27.01
CNY
-0.46
- -
9.22BMarket Cap
Shenzhen United Winners Laser Co., Ltd.
688518.SS
(Shanghai Stock Exchange)

Recent

price

27.01

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.79
2.54
2.16
3.22
3.71
4.47
4.49
3.41
4.72
9.41
10.43
9.32
9.55
9.63
Revenue per Share
0.16
0.35
0.42
0.53
0.45
0.38
0.32
0.26
0.31
0.89
0.85
0.49
0.49
0.51
Basic EPS, GAAP
0.1
0.18
0.21
-0.53
-0.51
-0.87
0.32
0.66
-0.7
-1.64
0.23
-1.33
-0.45
-1.01
Free Cash Flow per Basic Share
- -
0.01
- -
0.06
0.01
0.03
0.02
- -
0.12
0.13
0.13
0.19
0.17
0.19
Dividend per Share
1.69
1.97
1.44
1.84
1.62
1.92
2.16
2.44
2.28
2.94
3.39
3.68
3.93
3.73
Book Value per Share
1.43
1.77
1.38
2.25
1.95
3.39
3.58
5.33
4.89
5.59
8.61
8.99
9.21
9.09
Tangible Book Value per Share
64
66
123
129
196
219
225
258
297
300
337
338
341
335
Basic Weighted Avg Shares
115
167
266
416
728
981
1,011
878
1,400
2,822
3,512
3,150
3,261
3,227
Sales/Revenue/Turnover
5.16
12.2
18.42
15.41
18.24
100
11.29
9.08
7.28
12.93
10.28
9.34
6.72
8.38
Operating Margin (%)
2
8
4
5
6
8
10
11
28
47
71
71
79
- -
Depreciation Expense
10
23
52
69
88
83
72
67
92
267
286
166
167
172
Net Income, GAAP
9.39
17.06
15.23
13.65
12.87
13.17
7.75
13.25
5.42
12.31
9.59
10.44
- -
3.24
Effective Tax Rate (%)
8.95
13.77
19.45
16.47
12.14
8.5
7.13
7.63
6.57
9.46
8.15
5.26
5.13
5.34
Profit Margin (%)
88
114
174
293
331
724
767
1,229
1,051
965
2,081
1,791
2,015
1,736
Working Capital
- -
- -
- -
- -
1
1
1
25
10
4
9
46
109
104
LT Debt
118
141
192
313
401
803
875
1,441
1,519
1,780
3,014
3,150
3,263
3,157
Total Equity
- -
11.97
22.87
21.33
27.84
115.47
11.31
5.86
6.44
18.02
12.38
7.49
- -
6.91
Return on Invested Capital (%)
- -
17.99
32.04
32.38
27.31
18.08
13.89
11.39
13.46
29.31
23.29
11.19
- -
9.94
Return on Capital (%)
- -
19.38
33.75
33.09
31.83
22.58
15.86
12
14.09
34.23
28.32
13.89
12.94
14.4
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
601
639
700
LT Borrowings
46
146
100
LT Finance Leases
- -
2
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
341
341
341
Market Capitalization
5,626
5,439
6,833

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
5,631
5,851
6,123
Cash, Cash Equivalents & STI
1,192
1,306
1,373
Accounts Receivable, Net
1,648
1,694
1,706
Inventories
2,054
2,079
2,353
Total Current Liabilities
3,841
3,935
4,387
Payables & Accruals
- -
- -
- -
ST Debt
601
639
700
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
36.46%
20%
3.58%
Free Cash Flow
-118.99%
-190.93%
-66.28%
Net Income, GAAP
22.89%
38.72%
1.05%
Sales/Revenue/Turnover
33.5%
35.75%
3.55%
Total Cash Common Dividend
425.68%
565.96%
-8.47%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
728
728
744
950
3,150
2025
870
663
1,014
- -
3,261
2026
885
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
- -
- -
- -
0.49
2025
0.14
- -
- -
- -
0.49
2026
0.13
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.19
2025
0.01
- -
- -
- -
0.17
2026
- -
- -
- -
- -
- -
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Business
Shenzhen United Winners Laser Co., Ltd. manufactures and sells precision laser welding machines and complete sets of laser welding automation equipment. The company offers lasers and welding machines including blue laser series, YAG laser series, fiber laser series, hybrid laser series, semiconductor laser series, and QCW pulsed fiber lasers; EV battery intelligent manufacturing equipment such as prismatic, pouch, and cylindrical battery lines, battery pack assembly lines, and FPC welding equipment; automobile intelligent manufacturing equipment including automated steering bracket production lines, guide tube bracket workstations, and exhaust manifold welding workstations; consumer electronics battery intelligent manufacturing equipment for soft pack and button batteries; sensor intelligent manufacturing equipment for MEMS pressure sensors, oil pressure sensors, and temperature sensors; welding equipment for the optical communication industry such as TO welding lines and multi-beam communication worktables; relay intelligent manufacturing equipment including double-station and four-station relay welding tables; medical device welding equipment for endoscopes, surgical forceps, and catheters; laser soldering equipment such as solder ball jet welding tables and double-station solder paste machines; laser plastic welding equipment with single-axis to six-axis galvanometer tables; and hydrogen fuel cell intelligent manufacturing equipment including bipolar plate welding machines and stack assembly lines. Its products serve industries including power batteries, automobile manufacturing, consumer electronics, hardware appliances, optical communications, medical equipment, plastic welding, soldering, relays, sensors, and hydrogen fuel cells, with target customers encompassing leading firms such as CATL, BYD, Gotion High-Tech, Foxconn, TE Connectivity, GREE, Panasonic, Samsung, AVIC, EVE, Sunwoda, and NIO. United Winners Laser operates primarily in China through headquarters in Shenzhen and subsidiaries UW Jiangsu, UW Huizhou, UW Sichuan, and UW Japan, with global sales reaching Japan, South Korea, Vietnam, Malaysia, India, Turkey, Morocco, Mexico, Indonesia, Brazil, Czech Republic, Poland, Egypt, Italy, Cote d'Ivoire, South Africa, Sweden, and the Philippines. Founded in 2005 and headquartered in Shenzhen, China, the company listed on the SSE Star Market under ticker 688518.SS and maintains strategic partnerships with industry leaders; recent developments include winning the Shenzhen Science and Technology Progress Award and Ringier Technology Innovation Awards in 2025, launching a new photovoltaic product, introducing ring spot fiber lasers for non-ferrous metals, and unveiling a reverse-winding corner taping machine for battery safety, alongside reporting 2024 revenue of RMB 3.15 billion despite a 10.33% year-on-year decline.