Guoxia Technology Co., Ltd. Class H

Guoxia Technology Co., Ltd. Class H

HHKEX:2655
10.64
HKD
-0.94
(-8.12%)
8.15BMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.28
0.62
2.02
4.39
- -
Basic EPS, GAAP
0.05
0.06
0.1
0.22
- -
Free Cash Flow per Basic Share
-0.07
-0.2
-0.12
0.1
- -
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
0.06
0.19
0.38
2.06
2.35
Tangible Book Value per Share
0.06
0.18
0.37
2.05
2.34
Basic Weighted Avg Shares
507
507
507
469
512
Sales/Revenue/Turnover
142
314
1,026
2,057
- -
Operating Margin (%)
18.12
9.24
6.71
7.7
- -
Depreciation Expense
- -
2
11
19
- -
Net Income, GAAP
24
28
49
103
- -
Effective Tax Rate (%)
12.97
11.46
8.73
11.15
- -
Profit Margin (%)
17.12
8.95
4.79
5
- -
Working Capital
25
55
48
966
1,041
LT Debt
- -
65
2
102
216
Total Equity
29
95
193
1,054
1,215
Return on Invested Capital (%)
- -
13.22
12.8
11.58
- -
Return on Capital (%)
- -
16.92
13.38
11.02
- -
Return on Common Equity (%)
- -
45.59
34.31
16.53
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
335
411
964
LT Borrowings
41
87
172
LT Finance Leases
10
15
45
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
507
512
518
Market Capitalization
- -
17,920
7,055

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
1,531
2,918
3,539
Cash, Cash Equivalents & STI
101
1,034
1,060
Accounts Receivable, Net
845
928
1,501
Inventories
296
350
493
Total Current Liabilities
1,339
1,952
2,497
Payables & Accruals
- -
- -
- -
ST Debt
335
411
964
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
446.53%
Free Cash Flow
- -
- -
-178.69%
Net Income, GAAP
- -
- -
109.41%
Sales/Revenue/Turnover
- -
- -
100.6%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,026
2025
- -
- -
2,057
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.1
2025
- -
- -
0.22
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Xi Zhang
Full Time Employees
532
Sector
Producer manufacturing
Industry
Electrical products
Address
No. 9 Huicheng Road Wuxi JS China 214000
IPO Date
Dec 16, 2025
Business
Guoxia Technology Co., Ltd. (Ticker: 2655.HK) engages in research, development, manufacture, and global distribution of energy storage system (ESS) solutions and related products, with a focus on AI-enabled platform-based ESS that integrate hardware, software, and intelligent services to serve the energy storage industry in China and international markets. The company provides ESS solutions and products across large-scale grid and power generation applications, industrial and commercial (C&I) deployments, and residential configurations, complemented by integrated EPC services, engineering procurement, and construction for ESS projects, as well as related trading activities in energy storage systems and components. Guoxia Technology operates across multiple geographic regions, including the People’s Republic of China, Europe, Africa, and other international markets, supporting both supply-side and grid-side deployments. Founding year and headquarters: Founded in 2019 and headquartered in Wuxi, Jiangsu Province, PRC. The company positions itself as a renewables-leaning technology provider that blends hardware platforms with software intelligence to deliver end-to-end ESS offerings, including integration with solar PV projects and other clean-energy assets through its platform capabilities. Main products and services - Energy Storage System (ESS) solutions: large-scale ESS, industrial and commercial (C&I) ESS, residential ESS, portable/ modular ESS configurations, and hybrid storage systems; platform-based architecture integrating storage hardware, control software, and intelligent analytics. - ESS hardware and systems: battery modules, power conversion equipment, energy management hardware, modular containerized ESS units, and related energy storage sub-systems. - Software and AI-enabled platforms: proprietary AI systems (Guoxia AI and HANCHU AI Assistant) embedded in ESS platforms to optimize performance, operations, and predictive maintenance; platform software for monitoring, optimization, and secure remote management; integration with energy management and grid-automation software. - EPC and project services: engineering, procurement, and construction for ESS projects; site supervision, testing, commissioning, and performance verification; turnkey delivery and deployment of energy storage installations. - Trading and distribution: procurement and sale of energy storage products and systems, components, and related equipment; aftermarket parts and service offerings to support deployed ESS assets. - Photovoltaic (PV) integration and related services: development support for solar-plus-storage projects; integration services linking ESS with PV assets and grid interfaces. - Integrated engineering and installation services: general mechanical equipment installation and ancillary support for energy projects, including grid connection works and safety-compliance services. Latest major company changes - HKEX listing process and regulatory updates: Guoxia Technology advances toward a Main Board listing on the Hong Kong Stock Exchange, signaling a broader capital markets strategy and enhanced disclosure commitments (filings indicate ongoing regulatory approvals and sponsor involvement). - Shift in revenue mix toward China-based large-scale ESS: within the last 1-2 years, the company shifts its revenue emphasis from residential/household ESS primarily in Europe to large-scale ESS solutions in China, reflecting strategic execution of market opportunities and policy dynamics; the trend is noted through mid-2025 reporting and ongoing six-month periods into 2025, indicating a fundamental but market-driven realignment rather than a restructuring of core business. - AI platform emphasis and product development: public disclosures underscore continued investment in AI-enabled energy storage platforms (AI+ ESS) and intelligent services, including integration of Guoxia AI and HANCHU AI Assistant into Safe ESS and Hanchu iESS platforms, signaling a strategic emphasis on software as a differentiator in ESS offerings. - Overseas expansion and production capacity: announcements indicate plans to build overseas operations and service networks, as well as expand production capacity to support growing demand in international markets; these capital deployment plans are reflected in post-IPO communications and company updates. Industry context and subsidiaries - Industry: Renewable energy solutions, with a focus on energy storage systems; operations span R&D, manufacturing, deployment, and services across ESS markets. - Segments and customers: ESS solutions for power generation, grid operators, utility-scale developers, commercial and industrial clients, and residential end-users; EPC and project services support large-scale deployments. - Geographic footprint: PRC operations with international reach including Europe and other regions; plans for overseas networks align with HK listing and growth strategy. - Corporate relationships: public parent/affiliate structure under Guoxia Technology; operates as an independent listed entity on HKEX with the potential for strategic collaborations and alliances, including sponsorship and regulatory engagement during the listing process. Notes on governance and product strategy - The company emphasizes AI-enabled platform integration as a core differentiator, aiming to offer integrated hardware, software, and services rather than standalone hardware sales; this is reflected in product naming and platform descriptions across public disclosures. - Ongoing capital-raising and expansion initiatives are directed at R&D for AI+ energy storage technologies, international service networks, and expanding production capacity to meet rising demand in domestic and international markets. - The company continues to position itself as a provider of holistic ESS solutions, combining hardware platforms, software intelligence, EPC capabilities, and trading services to support diverse energy storage deployments across sectors and geographies. Public disclosures and sources indicate Guoxia Technology pursues a multi-pronged growth approach: advancing AI-enabled ESS platforms, expanding overseas operations and manufacturing capacity, while continuing to deliver a broad portfolio of ESS solutions, EPC services, and related energy storage products to customers in China and international markets, with a strategic push toward large-scale Chinese deployments and enhanced governance ahead of potential HKEX listing.