Shenzhen Neoway Technology Co., Ltd. Class A

Shenzhen Neoway Technology Co., Ltd. Class A

SSSE:688159
31.68
CNY
-1.51
(-4.55%)
4.12BMarket Cap
Oct 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.96
11.71
2.93
6.56
8.9
9.22
11.47
6.42
11.06
9.21
10.18
33.37
26.39
18.33
Basic EPS, GAAP
0.21
0.78
0.26
0.43
0.92
0.72
0.8
-0.84
-0.14
-0.62
-0.42
1.09
0.3
- -
Free Cash Flow per Basic Share
0.23
-2.98
0.73
-0.75
-1.35
-2.71
-1.04
-1.82
-1.56
0.64
-2.9
-0.04
0.48
- -
Dividend per Share
0.55
0.04
0.6
0.03
0.06
0.42
0.09
0.23
0.17
0.13
0.16
0.26
0.5
0.31
Book Value per Share
1.83
1.97
1.67
3.21
4.12
6.39
7.46
9.19
9.08
8.44
8.09
9.3
9.66
10.66
Tangible Book Value per Share
1.81
1.73
1.44
2.99
3.9
6.21
7.28
8.7
8.41
7.54
6.96
8.24
8.7
9.73
Basic Weighted Avg Shares
56
10
50
50
56
60
68
89
93
91
92
92
91
93
Sales/Revenue/Turnover
110
119
147
328
499
557
782
574
1,025
840
932
3,069
2,405
1,702
Operating Margin (%)
8.84
2.65
6.92
6.01
12.19
10.18
9.63
-13.7
0.41
-3.95
-3.52
5.64
5.58
- -
Depreciation Expense
1
1
1
1
1
1
2
7
16
19
26
31
39
- -
Net Income, GAAP
12
8
13
22
52
43
55
-75
-13
-57
-38
100
27
- -
Effective Tax Rate (%)
8.76
4.93
9.75
10.14
12.58
6.4
8.83
- -
- -
- -
- -
1.68
- -
- -
Profit Margin (%)
10.59
6.64
8.88
6.57
10.34
7.81
6.98
-13.09
-1.27
-6.73
-4.12
3.27
1.14
- -
Working Capital
98
93
76
162
146
339
379
563
466
361
297
424
679
937
LT Debt
- -
- -
- -
- -
- -
47
66
41
9
6
21
1
235
378
Total Equity
103
111
94
180
231
427
513
843
835
776
747
854
895
986
Return on Invested Capital (%)
- -
1.86
8.89
8.51
17.58
9.34
8.4
- -
- -
- -
- -
7.55
- -
- -
Return on Capital (%)
- -
7.28
12.9
14.49
20.38
11.28
9.41
- -
- -
- -
- -
10.01
- -
- -
Return on Common Equity (%)
- -
7.43
12.81
15.74
25.1
13.23
11.62
-11.08
-1.55
-7.04
-5.06
12.53
3.12
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
809
722
892
LT Borrowings
224
496
370
LT Finance Leases
11
7
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
93
93
93
Market Capitalization
4,491
3,679
4,118

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,052
2,570
2,307
Cash, Cash Equivalents & STI
742
531
874
Accounts Receivable, Net
561
615
631
Inventories
259
430
299
Total Current Liabilities
1,373
1,575
1,371
Payables & Accruals
- -
- -
- -
ST Debt
809
722
892
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
29.72%
1.47%
4.74%
Free Cash Flow
-210.59%
-439%
-1,385.98%
Net Income, GAAP
-23.59%
-42.45%
-72.73%
Sales/Revenue/Turnover
47.96%
55.85%
-21.63%
Total Cash Common Dividend
95.17%
26.17%
91.24%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
862
901
806
500
3,069
2025
928
745
502
230
2,405
2026
549
421
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.64
0.25
0.15
0.05
1.09
2025
0.19
0.5
- -
-0.61
0.3
2026
0.3
0.5
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.07
0.07
0.05
0.26
2025
0.09
0.09
- -
0.1
0.5
2026
0.09
0.11
- -
- -
- -

Company Description

CEO
Kang Wang
Full Time Employees
451
Sector
Distribution services
Industry
Electronics distributors
Address
Shenzhen China
IPO Date
Jan 23, 2020
Website
neoway.com
Business
Shenzhen Neoway Technology Co., Ltd. is a China-based provider of Internet of Things (IoT) access communication products, intelligent computing solutions, and cloud services. Founded in 2006 and headquartered in Shenzhen, Guangdong Province, China, the company specializes in end-to-end cloud-pipe-device access architecture, delivering wireless communication hardware, cloud connectivity platforms, and edge computing equipment to smart energy, automotive telematics, smart city, commercial retail, and industrial IoT sectors. The company operates through three principal business segments: Wireless Communication Modules and Terminals, Cloud Platform Services, and Intelligent Computing and Storage Infrastructure. Its core product and service portfolio comprises cellular wireless communication modules spanning 2G, 3G, 4G, 5G, 5G RedCap (Reduced Capability), NB-IoT, and eMTC standards; intelligent wireless terminals and sensing hardware, including on-board diagnostics (OBD) devices, vehicle tracking and fleet management trackers, electronic logging equipment, asset monitoring sensors, smart emergency vehicle beacons, and industrial IoT gateways; cloud platforms and IoT connectivity management software, including Neoaccess Cloud and Neopipe Cloud; and data center and edge computing infrastructure, including ARM-based high-density distributed storage servers, array AI computing servers, edge computing terminals, and computing power leasing services. Neoway Technology markets its products domestically across China and internationally in key markets throughout India, Europe, North America, and Southeast Asia, serving telecommunications operators, public utilities, smart grid enterprises, automotive OEMs, and industrial automation providers. In recent developments, Neoway Technology has strategically expanded beyond traditional IoT modules into artificial intelligence infrastructure, distributed storage, and robotics. The company launched advanced 5G RedCap modules and smart convergent terminals customized for State Grid standards, integrating single-point BeiDou navigation positioning and OpenHarmony operating system compatibility. To address embodied AI and autonomous systems, Neoway established a dedicated robotics solution line providing wireless modules, core computing boards, and integrated communication-and-compute platforms for commercial service, inspection, and humanoid robots. Through its subsidiary Neoway Data, the company entered into strategic alliances with Reach Information and DapuStor to co-develop localized ARM storage servers, AI inference servers, and enterprise data storage systems. Furthermore, Neoway expanded its overseas manufacturing footprint by partnering with manufacturing platform Zetwerk to establish localized IoT communication module production in India, while deepening its deployment in municipal digital twin infrastructure through the Shenzhen IoT Perception Platform project.