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  2. •

    Producer manufacturing

  3. •

    Industrial machinery
Jiangsu Liance Electromechanical Technology Co., Ltd. Class A

Jiangsu Liance Electromechanical Technology Co., Ltd. Class A

SSSE:688113
32.77
CNY
-0.56
(-1.68%)
1.61EPS
21.76P/E
2.26BMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.65
4.84
6.61
7.51
5.8
5.89
7.75
7.71
7.73
9.46
Basic EPS, GAAP
0.64
0.79
1.29
1.52
1.31
1.28
1.42
1.29
1.4
1.61
Free Cash Flow per Basic Share
0.04
0.12
0.51
1.25
0.54
0.23
-1.47
-0.27
1.35
- -
Dividend per Share
0.2
0.4
0.41
0.26
- -
0.12
0.19
0.57
0.43
0.2
Book Value per Share
3.97
4.66
5.9
7.46
10.77
12.17
13.62
14.26
15.37
16.01
Tangible Book Value per Share
3.46
4.19
5.42
6.98
10.37
11.64
13.11
13.77
14.89
15.54
Basic Weighted Avg Shares
45
46
48
48
58
63
64
64
64
64
Sales/Revenue/Turnover
165
223
316
358
339
374
495
493
497
608
Operating Margin (%)
20.56
20.71
100
25.76
24.92
24.74
22.11
21.63
24.04
20.97
Depreciation Expense
4
6
1
11
13
15
20
31
38
- -
Net Income, GAAP
29
36
62
73
77
81
91
83
90
104
Effective Tax Rate (%)
15.58
14.45
12.55
12.15
11.75
11.71
10.67
10.74
10.03
9.88
Profit Margin (%)
17.56
16.33
19.5
20.24
22.57
21.75
18.31
16.73
18.12
17.05
Working Capital
99
133
157
242
567
615
565
529
561
605
LT Debt
- -
5
- -
- -
- -
- -
8
14
11
8
Total Equity
179
222
281
356
686
795
894
944
1,018
1,059
Return on Invested Capital (%)
- -
19.36
27.26
26.2
15.56
11.37
11.14
9.42
9.68
9.99
Return on Capital (%)
- -
18.05
24.28
22.82
14.8
10.94
10.62
8.75
8.85
10.12
Return on Common Equity (%)
- -
18.2
24.45
22.78
14.69
11.12
11.01
9.22
9.45
10.52

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5
5
5
LT Borrowings
- -
- -
- -
LT Finance Leases
11
10
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
64
64
64
Market Capitalization
2,546
2,418
2,260

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,005
985
1,018
Cash, Cash Equivalents & STI
264
251
259
Accounts Receivable, Net
246
208
228
Inventories
361
393
379
Total Current Liabilities
443
402
413
Payables & Accruals
- -
- -
- -
ST Debt
5
5
5
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
26.93%
7.77%
Free Cash Flow
- -
-306.08%
-603.08%
Net Income, GAAP
- -
4.69%
9.24%
Sales/Revenue/Turnover
- -
7.56%
0.9%
Total Cash Common Dividend
- -
- -
-24.33%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
76
164
90
163
493
2025
94
160
- -
144
497
2026
122
182
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.55
0.13
0.42
1.29
2025
0.33
0.49
- -
0.23
1.4
2026
0.44
0.46
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.21
0.57
2025
- -
- -
- -
0.2
0.43
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ai Guo Zhao
Full Time Employees
549
Sector
Producer manufacturing
Industry
Industrial machinery
Address
2368-2370 West Renmin Road Qidong JS China 226000
IPO Date
May 6, 2021
Website
qdceqi.com
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Business
Jiangsu Liance Electromechanical Technology Co., Ltd. (688113.SS) manufactures and sells power system intelligent test equipment and provides related test verification services. Founded in 2002 and headquartered at No. 2368-2370 West Renmin Road, Qidong City, Nantong, Jiangsu Province, China, the company operates primarily in the power systems testing sector for new energy vehicles, conventional fuel vehicles, marine engines, and aviation engines; its offerings include test benches, test lines, test support equipment, environmental inspection systems, and equipment upgrades and modifications; power system test verification services encompass customized durability testing, performance testing, and calibration testing for powertrains, engines, gearboxes, and related components. The company serves major clients such as SAIC Motor, GAC Group, Huawei Technologies, Weichai Power, Geely Group, China Automotive Technology and Research Center, Weichai Heavy Machinery, China State Shipbuilding Corporation, and Aero Engine Corporation of China affiliates including China Aviation Power Southern Industry and Hunan Power Machinery Research Institute; it maintains wholly-owned subsidiaries Nantong Changce Electromechanical Equipment Co., Ltd., Shanghai Qichangshen Electromechanical Equipment Co., Ltd., and Liance Technology (Hong Kong) Co., Ltd., alongside controlling stakes in Shenzhen Depuxin Technology Co., Ltd. and Suzhou Seedek Measurement and Control Technology Co., Ltd. Jiangsu Liance conducts business mainly in China with exports to Southeast Asia, the Middle East, and South Asia, holding certifications including ISO9001:2015, ISO14001, ISO45001:2018, and CNAS laboratory accreditation. Recent developments include the completion of the Jiangsu Liance R&D Center Upgrade and Renovation Project with surplus funds allocated to working capital; an ongoing share repurchase program initiated in April 2025 targeting 10-20 million RMB for employee stock ownership plans, with initial tranches completed including 4,000 shares in August 2025 and additional purchases through October 2025; termination of the Aviation Power System Intelligent Testing Equipment R&D and Manufacturing Project in late 2024 with reallocation of raised funds; and sustained strategic collaborations with SGS for product certification internationalization, China Automotive Research institutes, and domestic universities.