Zhejiang Sanhua Intelligent Controls Co., Ltd. Class A

Zhejiang Sanhua Intelligent Controls Co., Ltd. Class A

2.86
EUR
+0.16
(+5.93%)
12.20BMarket Cap
Oct 28Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.03
2.22
2.05
2.24
2.75
3.03
3.18
3.4
4.47
5.97
6.81
7.57
7.86
- -
Basic EPS, GAAP
0.12
0.19
0.2
0.29
0.36
0.36
0.4
0.41
0.47
0.72
0.81
0.84
1.03
- -
Free Cash Flow per Basic Share
-0.09
0.08
0.16
0.32
0.02
0.1
0.29
0.26
-0.11
-0.12
0.27
0.29
0.49
- -
Dividend per Share
0.05
0.07
0.05
0.06
0.16
0.16
0.16
0.24
0.27
0.28
0.29
0.39
0.27
0.14
Book Value per Share
1.2
1.43
1.53
1.93
2.2
2.39
2.58
2.8
3.1
3.6
4.79
5.17
7.54
7.72
Tangible Book Value per Share
1.04
1.26
1.39
1.79
2.07
2.24
2.43
2.65
2.91
3.4
4.57
4.88
7.25
7.43
Basic Weighted Avg Shares
2,602
2,961
3,009
3,418
3,481
3,575
3,553
3,566
3,583
3,574
3,606
3,689
3,945
4,190
Sales/Revenue/Turnover
5,274
6,560
6,161
7,656
9,581
10,836
11,287
12,110
16,021
21,348
24,558
27,947
31,012
- -
Operating Margin (%)
9.21
12.49
11.82
13.21
16.73
14.04
14.48
14.84
12.96
13.18
14.91
13.92
16.3
- -
Depreciation Expense
235
238
236
275
291
305
364
419
525
634
798
996
1,195
- -
Net Income, GAAP
323
561
605
991
1,236
1,292
1,421
1,462
1,684
2,573
2,921
3,099
4,063
- -
Effective Tax Rate (%)
19.55
19.45
16.48
15.19
15.29
14.81
13.78
12.93
13.75
14.53
17.44
15.71
15.22
- -
Profit Margin (%)
6.13
8.55
9.83
12.94
12.9
11.93
12.59
12.07
10.51
12.05
11.89
11.09
13.1
- -
Working Capital
1,269
1,389
2,750
3,211
5,029
4,905
5,343
6,834
8,220
9,300
8,253
8,668
18,357
18,982
LT Debt
455
147
661
273
485
222
393
1,858
3,611
4,780
1,252
2,284
1,069
1,058
Total Equity
3,155
3,744
4,688
5,931
7,925
8,709
9,365
10,153
11,253
13,119
18,064
19,520
32,040
32,825
Return on Invested Capital (%)
6.68
10.74
10.02
14.05
15.4
13.34
13.21
12.49
11.51
14.18
14.07
13.62
13.74
- -
Return on Capital (%)
9.05
12.57
11.48
15.51
15.44
13.3
13.35
12.65
11.97
14.75
14.78
14
13.77
- -
Return on Common Equity (%)
10.72
16.33
14.45
18.81
17.96
15.67
15.87
15.11
15.88
21.36
18.95
16.67
15.92
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,983
3,179
2,895
LT Borrowings
863
635
905
LT Finance Leases
206
212
154
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,208
4,208
4,208
Market Capitalization
139,043
102,665
94,589

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
33,723
33,806
35,652
Cash, Cash Equivalents & STI
15,420
15,516
15,849
Accounts Receivable, Net
7,370
7,011
8,682
Inventories
5,640
5,879
5,762
Total Current Liabilities
15,365
14,660
16,670
Payables & Accruals
- -
- -
- -
ST Debt
2,983
3,179
2,895
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.33%
27.46%
64.14%
Free Cash Flow
32.29%
-73.9%
80.07%
Net Income, GAAP
22.45%
23.74%
31.1%
Sales/Revenue/Turnover
17.93%
21.07%
10.97%
Total Cash Common Dividend
29.99%
6.84%
-26.1%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,440
7,237
6,887
7,384
27,947
2025
7,669
8,593
- -
6,982
31,012
2026
7,774
9,126
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
0.23
0.21
0.21
0.84
2025
0.24
0.29
- -
0.19
1.03
2026
0.22
0.27
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.26
0.01
0.11
0.39
2025
0.01
0.23
- -
0.01
0.27
2026
0.13
0.01
- -
- -
- -

Company Description

CEO
Ya Bo Zhang
Full Time Employees
19,090
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Office Building Shaoxing ZH China 312532
IPO Date
Jun 7, 2005
Website
zjshc.com
Business
Zhejiang Sanhua Intelligent Controls Co., Ltd, founded in 1994 and headquartered in Zhejiang, China, is a leading manufacturer specializing in intelligent control products and components for the heating, ventilation, air conditioning, and refrigeration (HVACR) industry. The company's core product portfolio includes thermostatic expansion valves, controllers, sensors, compressors, and electronic control modules; it also manufactures refrigeration components such as solenoid valves, pressure switches, and temperature controllers. Sanhua operates primarily in China but serves global markets through its subsidiaries and international distribution networks, catering to commercial and residential HVACR manufacturers, automotive air conditioning sectors, and industrial refrigeration clients. In recent years, Zhejiang Sanhua has advanced its strategic focus on smart control systems and energy-efficient solutions, highlighted by significant new product launches in electronic control technology designed to enhance system intelligence and sustainability. The company has also engaged in strategic partnerships and technology collaborations to strengthen its product innovation and expand its market reach, particularly emphasizing upgrades in its production capabilities and integrating IoT technologies into its product lines. Notably, its recent acquisition and investment rounds have supported business expansion into smart home controls and automotive HVAC components, reflecting a shift towards more diversified and technologically advanced offerings. Zhejiang Sanhua's business segments include HVACR intelligent control solutions, refrigeration components manufacturing, and automotive HVAC systems, supported by an extensive R&D framework. The company maintains a robust manufacturing base in China with a growing footprint in overseas markets, ensuring widespread customer access across Asia, Europe, and America. As a publicly listed company on the Shenzhen Stock Exchange (ticker 002050.SZ), it continues to leverage its market position by focusing on innovation, product quality, and expanding its technological capabilities to meet the evolving demands of the HVACR industry.