Shuangdeng Group Co., Ltd. Class H

Shuangdeng Group Co., Ltd. Class H

HHKEX:6960
4.17
HKD
-0.18
(-4.14%)
6.59BMarket Cap
Mar 25Next Earn
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.77
10.22
10.79
13.34
- -
Basic EPS, GAAP
0.67
0.92
0.85
0.67
- -
Free Cash Flow per Basic Share
-0.17
1.19
0.23
2.08
- -
Dividend per Share
- -
0.12
0.18
0.16
- -
Book Value per Share
4.15
5
5.73
8.06
8.06
Tangible Book Value per Share
4.13
4.99
5.71
8.05
8.05
Basic Weighted Avg Shares
417
417
417
381
419
Sales/Revenue/Turnover
4,072
4,260
4,499
5,083
- -
Operating Margin (%)
8.98
10.78
9.02
5.96
- -
Depreciation Expense
128
122
143
172
- -
Net Income, GAAP
281
385
353
256
- -
Effective Tax Rate (%)
11.81
13.67
12.26
14.87
- -
Profit Margin (%)
6.9
9.04
7.85
5.03
- -
Working Capital
839
1,154
1,324
2,268
2,268
LT Debt
56
301
264
224
224
Total Equity
1,728
2,085
2,387
3,432
3,432
Return on Invested Capital (%)
- -
13.33
10.87
6.38
- -
Return on Capital (%)
- -
14.85
12.08
7.23
- -
Return on Common Equity (%)
- -
20.2
15.8
8.78
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
ST Debt
741
LT Borrowings
213
LT Finance Leases
12
Preferred Equity and Hybrid Capital
- -
Shares Outstanding
426
Market Capitalization
5,920

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Total Current Assets
5,023
Cash, Cash Equivalents & STI
1,274
Accounts Receivable, Net
2,555
Inventories
785
Total Current Liabilities
2,755
Payables & Accruals
- -
ST Debt
741
Deferred Revenue
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
43.75%
Free Cash Flow
- -
- -
740.47%
Net Income, GAAP
- -
- -
-27.68%
Sales/Revenue/Turnover
- -
- -
13%
Total Cash Common Dividend
- -
- -
-17.47%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
4,260
2024
- -
- -
- -
- -
4,499
2025
- -
- -
- -
- -
5,083

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.92
2024
- -
- -
- -
- -
0.85
2025
- -
- -
- -
- -
0.67

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.12
2024
- -
- -
- -
- -
0.18
2025
- -
- -
- -
- -
0.16

Company Description

CEO
Rui Yang
Full Time Employees
2,318
Sector
Producer manufacturing
Industry
Electrical products
Address
No. 999 Tianmu West Road Taizhou JS China 225300
IPO Date
Aug 26, 2025
Business
Shuangdeng Group Co., Ltd. engages in the design, development, manufacture, and sale of energy storage batteries and systems, targeting telecom, data center, and broader energy storage applications; it provides lithium-ion battery assemblies, energy storage systems, and related power solutions under multiple product lines and brands; operations span across China with ancillary activities and customers in international markets through partnered distributors and direct sales channels. Shuangdeng Group is headquartered in China and was founded in 2007, with its primary business focused on energy storage for big-data, telecommunications, and related sectors. The company emphasizes R&D across energy storage chemistries and battery management solutions, scalable manufacturing capacity, and integrated systems for on-site and containerized energy storage deployments. Core product categories include lithium-ion battery modules and packs (predominantly lithium iron phosphate), energy storage systems (BESS) with modular configurations for telecom towers, data centers, and industrial applications, lead-acid batteries for back-up power, and related charging, cooling, and control electronics; complementary services cover system integration, after-sales support, and project deployment for large-scale energy storage projects in China and select international markets. Latest major changes include the expansion of semi-solid-state energy storage cell development and a new 12GWh semi-solid-state AIDC energy storage cell project undertaken in 2026 to meet surging demand and strengthen capacity; strategic partnerships and contracts with regional authorities and industrial parks to advance large-scale energy storage deployments; and ongoing investments in manufacturing expansion and technology upgrades to support rapid revenue growth in the company’s energy storage segment, following strong 2025 performance and continued market orders; the group also undertakes corporate refinements and governance enhancements aligned with its expanding product portfolio and regional footprint. Shuangdeng maintains a multi-regional production and sales footprint, with a focus on Asia-Pacific and emerging markets, and pursues collaborations that enhance supply chain resilience, R&D collaboration, and channel development for its core energy storage solutions. Industry context and segments: energy storage equipment, battery systems, and related power electronics; target markets include telecom infrastructure, data centers, IDC, and industrial energy storage applications; customer types include telecom operators, data center operators, system integrators, OEMs, and large enterprises; geographies include China with deployment partners and export opportunities to Asia-Pacific, Europe, and other regions; subsidiaries and potential parent relationships exist within the Shuangdeng corporate group and affiliated entities. Note: This description reflects the company’s core activities, product lines, and notable recent developments up to 2026, emphasizing both main products and latest changes as requested.