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Jiangsu Zenergy Battery Technologies Group Co Ltd. Class H

Jiangsu Zenergy Battery Technologies Group Co Ltd. Class H

HHKEX:3677
3.60
HKD
+0.13
(+3.75%)
21.30BMarket Cap
Mar 03Next Earn
Jiangsu Zenergy Battery Technologies Group Co Ltd. Class H
HKEX:3677
(Hong Kong Exchange)

Recent

price

3.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
TTM
HKD
0.6
1.31
1.66
2.05
3.63
- -
Revenue per Share
-0.16
-0.69
-0.24
0.04
0.36
- -
Basic EPS, GAAP
-0.42
-0.54
-0.21
-0.39
-0.52
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
0.79
0.99
1.89
2.35
3.53
3.53
Book Value per Share
0.55
0.77
1.7
2.18
3.37
3.37
Tangible Book Value per Share
2,509
2,509
2,509
2,509
2,482
2,497
Basic Weighted Avg Shares
1,499
3,290
4,162
5,130
9,015
- -
Sales/Revenue/Turnover
-22.17
-26.61
-12.78
-2.08
7.72
- -
Operating Margin (%)
186
294
414
609
845
- -
Depreciation Expense
-402
-1,720
-590
91
900
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-26.83
-52.28
-14.17
1.77
9.98
- -
Profit Margin (%)
-429
-617
-1,795
-764
252
252
Working Capital
312
2,518
3,017
2,915
4,395
4,395
LT Debt
1,981
2,473
4,747
5,897
9,005
9,005
Total Equity
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
-77.25
-16.34
1.71
12.08
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
1,358
1,877
2,103
LT Borrowings
2,946
3,601
4,268
LT Finance Leases
155
158
127
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,509
2,509
2,554
Market Capitalization
- -
25,737
21,304

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
6,100
7,229
9,910
Cash, Cash Equivalents & STI
2,548
3,171
5,273
Accounts Receivable, Net
1,980
2,471
2,304
Inventories
722
1,000
1,365
Total Current Liabilities
6,914
7,078
9,658
Payables & Accruals
- -
- -
- -
ST Debt
1,358
1,877
2,103
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
52.71%
Free Cash Flow
- -
- -
31.33%
Net Income, GAAP
- -
- -
888.67%
Sales/Revenue/Turnover
- -
- -
75.73%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
4,162
2024
- -
- -
5,130
2025
- -
- -
9,015

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.24
2024
- -
- -
0.04
2025
- -
- -
0.36

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
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Business
Jiangsu Zenergy Battery Technologies Group Co., Ltd. (3677.HK) engages in the research, development, production and sale of lithium-ion batteries for electric vehicles, energy storage systems and aviation applications. The company offers integrated battery solutions including cells, modules, packs, racks and battery management systems; its electric vehicle (EV) batteries support battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), extended-range electric vehicles (EREVs) and hybrid electric vehicles (HEVs) for sedans, SUVs and MPVs; energy storage system (ESS) batteries serve residential, commercial, industrial and large-scale applications; and aviation batteries power electric manned fixed-wing aircraft and eVTOLs with high safety, energy density, discharge rates and fast-charging capabilities using dual semi-solid-state technology. Jiangsu Zenergy Battery Technologies Group Co., Ltd., founded in 2019 and headquartered at No. 68 Xin'anjiang Road, Changshu, Jiangsu Province, China, operates primarily in Mainland China with products supplied to global markets through partners in Asia, Africa and Latin America; it serves major customers including FAW Hongqi, GAC Trumpchi, Leapmotor, SAIC-GM-Wuling, SAIC-GM, GAC Toyota, Volkswagen joint ventures and emerging energy storage firms, while its joint venture Sinogy Toyota Automotive Energy System Co., Ltd. supplies lithium-ion and Ni-MH packs for hybrid electric vehicles. The company listed on the Hong Kong Stock Exchange main board in April 2025 following a name change from Jiangsu Zenergy Battery Technologies Co., Ltd. in July 2024 and a RMB1 billion Series B funding round; it operates a 25.5 GWh production capacity with expansion underway at its Yihe B Zone base in Changshu for 10 GWh additional capacity by Q4 2025; in the first half of 2025, EV battery revenue reached RMB2.985 billion with 7.63 GWh deliveries, ranking 6th in China for passenger vehicle battery installations in June; and aviation batteries achieved airworthiness certification and mass production as the first in the industry for fixed-wing manned aircraft.