Jiangsu New Vision Automotive Electronics Co. Ltd. Class H

Jiangsu New Vision Automotive Electronics Co. Ltd. Class H

HHKEX:2632
47.64
HKD
-7.86
(-14.16%)
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.74
4.45
4.68
5.4
- -
Basic EPS, GAAP
-2.05
-1.47
-1.16
-5.48
- -
Free Cash Flow per Basic Share
-1.36
-1.16
0.06
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
-3.92
-5.26
-7.36
-12.81
-12.81
Tangible Book Value per Share
-3.95
-5.44
-7.52
-12.97
-12.97
Basic Weighted Avg Shares
123
123
123
123
123
Sales/Revenue/Turnover
214
549
578
667
- -
Operating Margin (%)
-36.19
0.86
0.23
-8.09
- -
Depreciation Expense
14
20
31
- -
- -
Net Income, GAAP
-252
-182
-143
-676
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
Profit Margin (%)
-117.88
-33.11
-24.8
-101.47
- -
Working Capital
-552
-740
-966
-1,719
-1,719
LT Debt
11
9
32
18
18
Total Equity
-487
-644
-897
-1,559
-1,559
Return on Invested Capital (%)
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
ST Debt
132
LT Borrowings
- -
LT Finance Leases
18
Preferred Equity and Hybrid Capital
- -
Shares Outstanding
123
Market Capitalization
- -

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Total Current Assets
615
Cash, Cash Equivalents & STI
215
Accounts Receivable, Net
224
Inventories
59
Total Current Liabilities
2,334
Payables & Accruals
- -
ST Debt
132
Deferred Revenue
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
73.74%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
372.11%
Sales/Revenue/Turnover
- -
- -
15.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
549
2024
- -
- -
- -
148
578
2025
- -
- -
- -
187
667

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
-1.47
2024
- -
- -
- -
-0.1
-1.16
2025
- -
- -
- -
-2.63
-5.48

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

CEO
Xin Fan
Full Time Employees
457
Sector
Producer manufacturing
Industry
Electrical products
Address
No.581 Dongwu Road Yangzhou Zhejiang Province China 321399
IPO Date
Mar 24, 2026
Business
Jiangsu New Vision Automotive Electronics Co., Ltd. operates as a leading provider of in-vehicle visual and cockpit technologies, focusing on windshield head-up display (W-HUD), augmented reality head-up display (AR-HUD), camera-monitor systems (CMS), and related transparent pillar/window display solutions. The company combines proprietary hardware design with software-driven HMI to deliver integrated visual solutions for automotive OEMs and suppliers, positioning CyberLens (windshield HUD) and CyberVision (AR-HUD) as its core offerings alongside full-stack verification, testing tools, and related visual technologies. Headquartered in Yizheng, China, the company operates manufacturing and R&D facilities with additional development and customer service footprints across China to support domestic and regional automotive programs. Jiangsu New Vision Automotive Electronics was founded in 2015 and concentrates on advancing digital and visual driving experiences, working with major Chinese automakers and global partners to deliver HUD, AR-HUD, CMS, and transparency-based display solutions that enhance driver information access, situational awareness, and overall vehicle intelligence. The business segments concentrate on automotive electronics, advanced visualization, and human-machine interface systems, with product lines spanning W-HUD, AR-HUD, CMS, transparent A-pillar components, and transparent vehicle window displays, supported by testing and validation solutions. The company emphasizes a vertically integrated approach, combining optics, display hardware, sensor integration, and intelligent software to create immersive cockpit experiences for vehicles. Recent strategic movements include expansion of manufacturing capacity and R&D capabilities to support broader adoption of HUD and AR-HUD technologies in the Chinese market and select international collaborations, along with ongoing partnerships with leading OEMs and tier-one suppliers to accelerate deployment of visual cockpit solutions in new model programs. The latest corporate developments involve continued product line enhancements, strategic collaborations to integrate more advanced AR content and driver-assistance features, and ongoing expansion of service networks to strengthen post-sale support and integration services for customers deploying CyberLens, CyberVision, CMS, and related display technologies.