Raytron Technology Co., Ltd. Class A

Raytron Technology Co., Ltd. Class A

SSSE:688002
153.15
CNY
+4.27
(+2.87%)
72.70BMarket Cap
Oct 27Next Earn
Raytron Technology Co., Ltd. Class A
SSE:688002
(Shanghai Stock Exchange)

Recent

price

153.15

P/E

ratio

- -

div

yld

0.02%

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.24
0.56
1.14
1.67
3.51
4
5.91
7.97
9.71
14.01
- -
Revenue per Share
0.04
0.23
0.37
0.49
1.31
1.04
0.7
1.11
1.28
2.5
- -
Basic EPS, GAAP
-0.24
-0.21
-0.22
0.07
-0.73
-0.95
-0.68
0.06
0.01
2.84
- -
Free Cash Flow per Basic Share
0.01
- -
- -
- -
0.05
0.14
0.15
0.15
0.21
0.2
0.03
Dividend per Share
0.93
1.28
2.61
5.26
6.58
7.83
8.88
10.76
11.88
14.45
17.25
Book Value per Share
0.76
1.12
2.48
5.1
6.27
7.17
8.1
9.93
11.08
13.68
16.51
Tangible Book Value per Share
256
277
336
410
445
445
448
447
445
450
457
Basic Weighted Avg Shares
60
156
384
685
1,561
1,780
2,646
3,559
4,316
6,304
- -
Sales/Revenue/Turnover
2.36
46.53
36.46
27.84
43.3
26.11
13.35
15.08
17.67
23.87
- -
Operating Margin (%)
9
10
14
29
40
74
138
220
311
376
- -
Depreciation Expense
10
64
125
202
584
461
313
496
569
1,125
- -
Net Income, GAAP
- -
- -
5.97
9.26
12.43
- -
5.88
- -
- -
9.73
- -
Effective Tax Rate (%)
16.09
41.32
32.59
29.51
37.41
25.9
11.84
13.93
13.18
17.84
- -
Profit Margin (%)
120
191
754
1,935
2,049
2,051
1,938
2,945
3,101
4,404
4,999
Working Capital
- -
- -
- -
- -
1
4
94
1,363
1,349
1,414
1,222
LT Debt
255
361
1,006
2,343
2,930
3,784
4,339
5,122
5,530
6,636
8,058
Total Equity
- -
- -
17.64
11.63
21.99
- -
6.53
- -
- -
13.48
- -
Return on Invested Capital (%)
- -
- -
17.78
12.06
21.97
- -
8.07
- -
- -
17.43
- -
Return on Capital (%)
- -
20.9
18.32
12.07
22.17
14.38
8.42
11.3
11.14
18.66
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
33
12
23
LT Borrowings
1,396
1,271
1,198
LT Finance Leases
18
21
23
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
460
464
470
Market Capitalization
46,392
46,983
72,697

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,520
7,204
7,644
Cash, Cash Equivalents & STI
1,414
2,101
2,040
Accounts Receivable, Net
1,407
1,283
1,559
Inventories
1,919
1,985
2,187
Total Current Liabilities
2,116
2,437
2,645
Payables & Accruals
- -
- -
- -
ST Debt
33
12
23
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
17.97%
19.98%
Free Cash Flow
- -
4,050.47%
20,434.94%
Net Income, GAAP
- -
23.5%
97.66%
Sales/Revenue/Turnover
- -
32.9%
46.07%
Total Cash Common Dividend
- -
46.77%
-1.32%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,007
1,015
1,128
1,166
4,316
2025
1,137
1,407
- -
2,218
6,304
2026
1,945
2,452
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.29
0.22
0.59
0.19
1.28
2025
0.32
0.46
- -
0.92
2.5
2026
1.04
1.69
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.13
0.07
0.21
2025
- -
0.01
- -
0.03
0.2
2026
- -
- -
- -
- -
- -
Business
Raytron Technology Co.,Ltd. is a China-based high-tech enterprise specializing in the research, development, design, manufacturing, and sales of uncooled infrared thermal imaging technology and micro-electromechanical system (MEMS) sensor technology. Founded in 2009 and headquartered in Yantai, China, the company offers an extensive range of products including uncooled thermal imaging MEMS sensors, infrared thermal imaging detectors, CMOS readout circuits, thermal imaging modules and cameras, ASIC chips, laser and microwave products, and optoelectronic systems. Its core product categories encompass infrared thermal imaging detectors, MEMS sensor wafers, thermal imaging modules, automotive driving assistant systems, vacuum packaging products, ASIC, analog, and hybrid IP design services. Raytron’s products are widely utilized in various industries and applications including night vision, thermal temperature measurement, intelligent surveillance, UAV payloads, autonomous driving, Internet of Things (IoT), artificial intelligence (AI), machine vision, smart industry, security monitoring, fire prevention, and laser rangefinding, with exports to Europe and North America. Recent major developments include the launch of a breakthrough 24/7 thermal imaging solution integrating dual-spectrum PTZ cameras for uninterrupted wildfire detection and enhanced safety during high-risk seasons, combining visible-light and infrared thermal technologies. The company has also introduced advanced AI-driven thermal imaging technology targeting lithium-ion battery lifecycle monitoring in electric vehicles to address critical safety challenges related to thermal runaway. Additionally, Raytron launched high-frame-rate automotive thermal cameras aimed at advancing safety in autonomous and robotaxi vehicles, particularly under extreme weather conditions. The firm continues to expand its product portfolio with innovations such as the world’s first 6μm and 8μm infrared thermal imaging detectors and newly developed SWLP-based thermal sensors and infrared modules showcased at leading photonics industry events. Raytron operates several specialized sub-brands including Raythink and Raytron Microelectronics to address diverse application fields and maintain global market presence. It is recognized as a leader with a 33% market share in thermal imaging and sensing technologies according to the Yole Group’s 2025 report. The company remains focused on advancing multi-spectral sensing, AI algorithm development, and the construction of an integrated optoelectronics industrial chain with independent intellectual property rights. Raytron’s strategic orientation reflects a commitment to technological innovation in infrared, microwave, and laser sectors, driving value through high-performance sensors and imaging solutions for global customers predominantly in China, Europe, and North America. The company is publicly listed on the Shanghai Stock Exchange under ticker 688002.SS and continues to invest heavily in R&D, dedicating approximately 14-16% of operating revenue to research to sustain its market leadership and technological edge. Its ongoing development emphasizes applications in industrial inspection, security surveillance, automotive safety, smart city infrastructure, and emerging AI-powered sensing technologies.