Lingyi iTech (Guangdong) Company Class A

Lingyi iTech (Guangdong) Company Class A

0.54
EUR
-0.01
(-2.25%)
0.03EPS
Oct 29Next 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
1.02
2.9
3.17
5.66
2.18
3.31
3.53
4.1
4.38
4.97
4.83
6.3
7.42
7.11
Basic EPS, GAAP
0.01
0.01
0.03
0.11
0.38
-0.1
0.28
0.33
0.17
0.23
0.29
0.25
0.33
0.21
Free Cash Flow per Basic Share
-0.14
-0.16
0.1
-0.35
- -
0.01
0.21
-0.05
-0.64
0.27
0.43
0.06
-0.06
- -
Dividend per Share
0.04
0.1
0.05
0.06
0.07
0.04
0.03
0.23
0.04
0.04
0.19
0.06
0.07
0.09
Book Value per Share
1
0.98
1.54
2.23
1.74
1.44
1.7
2.05
2.24
2.44
2.6
2.82
3.29
3.88
Tangible Book Value per Share
0.95
0.91
0.92
1.21
1.59
1.08
1.32
1.67
1.81
2.07
2.26
2.51
2.75
3.29
Basic Weighted Avg Shares
1,377
711
1,535
2,128
4,428
6,799
6,767
6,867
6,942
6,939
7,072
7,021
6,932
7,186
Sales/Revenue/Turnover
1,405
2,060
4,869
12,052
9,637
22,500
23,916
28,143
30,384
34,485
34,124
44,260
51,429
51,119
Operating Margin (%)
2.2
0.79
2.44
3.35
23.35
9.83
12.23
11.81
6.18
9.38
9.76
7.32
6.78
5.48
Depreciation Expense
78
91
104
165
280
785
856
978
1,486
1,854
1,864
2,076
2,339
- -
Net Income, GAAP
17
4
46
234
1,683
-680
1,895
2,266
1,180
1,596
2,051
1,755
2,288
1,475
Effective Tax Rate (%)
45.36
414.39
26.26
23.96
15.79
- -
14.1
6.86
- -
20.44
18.8
19.83
14.87
16.56
Profit Margin (%)
1.23
0.17
0.95
1.94
17.46
-3.02
7.92
8.05
3.88
4.63
6.01
3.97
4.45
2.88
Working Capital
430
285
484
1,385
1,138
958
3,373
5,923
4,838
6,169
5,920
9,748
4,798
10,910
LT Debt
4
1
1
470
27
44
1,161
2,783
4,879
4,357
4,474
8,406
5,416
6,345
Total Equity
1,378
1,403
2,871
5,383
4,116
9,917
11,662
14,496
15,842
17,257
18,312
19,849
24,358
32,017
Return on Invested Capital (%)
0.23
2.18
1.97
4.08
25.54
- -
12.47
12.2
- -
6.38
7.89
6.13
6.56
3.63
Return on Capital (%)
1.91
-6.29
2.37
5.04
28.03
- -
13.63
12.98
- -
7.29
8.84
6.85
7.23
4.31
Return on Common Equity (%)
1.34
0.28
2.33
5.88
35.96
-9.75
17.65
17.38
7.8
9.68
11.58
9.23
10.44
5.68

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9,652
9,908
10,816
LT Borrowings
4,299
4,832
5,078
LT Finance Leases
1,117
1,180
1,267
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,307
7,308
8,120
Market Capitalization
- -
- -
- -

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
31,282
28,378
36,621
Cash, Cash Equivalents & STI
7,713
6,402
13,576
Accounts Receivable, Net
13,770
12,248
12,080
Inventories
7,190
6,977
8,028
Total Current Liabilities
26,485
23,935
25,711
Payables & Accruals
- -
- -
- -
ST Debt
9,652
9,908
10,816
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
30.22%
11.09%
22.72%
Free Cash Flow
216.3%
154.07%
-202.14%
Net Income, GAAP
55.93%
6.35%
30.34%
Sales/Revenue/Turnover
35.12%
13.26%
16.2%
Total Cash Common Dividend
102.99%
47.75%
11.91%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,815
9,321
12,365
12,727
44,260
2025
11,494
12,131
- -
13,839
51,429
2026
12,643
12,506
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.03
0.1
0.05
0.25
2025
0.08
0.05
- -
0.05
0.33
2026
0.05
0.06
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.04
0.01
0.01
0.06
2025
0.01
0.03
- -
0.03
0.07
2026
0.01
0.03
- -
- -
- -

Company Description

CEO
Fang Qin Zeng
Full Time Employees
100,434
Sector
Electronic technology
Industry
Computer processing hardware
Address
No 8 LongWan Road Shenzhen GD China 529000
IPO Date
Jul 15, 2011
Business
Lingyi iTech (Guangdong) Company (002600.SZ) manufactures precision functional components, structural parts, modules and intelligent assembly solutions for AI terminal hardware and related applications worldwide. Founded in 2006 and headquartered in Shenzhen, Guangdong Province, China, with manufacturing bases across China including Dongguan, Suzhou, Chengdu and overseas in Vietnam, India, France and Brazil, the company operates primarily in three segments: AI Terminal, which encompasses AI-powered mobile phones and folding-screen devices; AIPC, tablets and image displays; battery systems and power supplies; thermal management solutions; sensors and modules; AI glasses and XR wearables; fine assembly of related hardware products; Automotive and Low-Altitude Economy, providing battery structural products, wheel brake modules, lidar modules and automotive electronic power steering components; and Other businesses including clean energy and photovoltaics. It serves global consumer electronics, automotive, new energy vehicle, robotics and energy storage markets as a core supplier to leading brands. In recent developments, the company pursues an acquisition-driven expansion strategy, including the 2024 purchase of Salcomp Plc for charger and power management entry; acquisition of Zhejiang Jintai Electronics for new energy vehicle battery components; planned acquisition of 66.46% of Jiangsu Keda Sterne Automotive Technology via convertible bonds and cash for automotive trim assemblies serving BYD and Li Auto; establishment of robotics subsidiaries such as Shenzhen Lingyi Robotics Technology in May 2025, Dongguan Lingzhi Innovative Robotics with Zhiyuan Robotics in June 2025 and Shenzhen Lingfu Robotics in September 2025; capital increase in Vietnam Guanghong for AI hardware; and strategic cooperation agreements with embodied intelligence firms for robot hardware including servo motors, reducers, modular joints and dexterous hands; while advancing robotics products like Panshi, Linglong and LR5 + Dexterous Hand, winning medals at the 2025 World Humanoid Robot Competition, and planning a Hong Kong listing to fund AI servers, humanoid robots and low-altitude economy growth.