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  2. •

    Electronic technology

  3. •

    Telecommunications equipment
Zhiyang Innovation Technology Co., Ltd. Class A

Zhiyang Innovation Technology Co., Ltd. Class A

SSSE:688191
15.75
CNY
-0.82
(-4.95%)
11.71BMarket 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
1.49
1.05
1.71
1.02
1.06
1.55
1.39
2.09
2.23
2.07
2.49
2.97
3.66
- -
Basic EPS, GAAP
0.06
0.18
0.4
0.21
0.22
0.28
0.36
0.38
0.24
0.09
0.13
0.16
0.19
- -
Free Cash Flow per Basic Share
0.07
-0.23
0.22
-0.12
0.16
-0.02
0.14
0.15
-0.57
0.04
0.21
0.13
-0.07
- -
Dividend per Share
- -
0.03
0.04
- -
- -
- -
0.1
- -
0.1
0.07
0.06
0.14
0.32
0.08
Book Value per Share
0.15
0.23
0.47
0.64
0.99
1.52
1.26
1.65
2.56
2.59
2.71
2.76
2.68
2.55
Tangible Book Value per Share
0.15
0.23
0.47
0.64
0.99
1.52
1.26
1.64
2.55
2.58
2.63
2.58
2.49
2.3
Basic Weighted Avg Shares
21
41
42
92
129
141
237
240
294
324
321
327
323
322
Sales/Revenue/Turnover
31
43
72
94
137
219
329
502
656
671
798
971
1,181
- -
Operating Margin (%)
2.01
18.58
19.18
17.83
26.07
23.39
29.97
22.3
13.31
6
6.36
6.86
7.52
- -
Depreciation Expense
- -
- -
1
1
2
2
3
3
8
14
18
17
18
- -
Net Income, GAAP
1
8
17
19
28
40
85
92
70
28
42
51
62
- -
Effective Tax Rate (%)
19.04
12.65
4.45
17.58
11.46
11.84
13.88
13.41
8.47
- -
8.24
5.43
- -
- -
Profit Margin (%)
3.87
17.42
23.28
20.18
20.78
18.22
25.96
18.35
10.74
4.17
5.2
5.29
5.27
- -
Working Capital
19
27
56
77
123
206
289
365
689
675
607
551
595
613
LT Debt
1
2
- -
- -
- -
- -
- -
- -
1
1
2
1
66
363
Total Equity
20
31
62
85
132
221
302
394
817
831
870
887
872
856
Return on Invested Capital (%)
0.59
20.15
19.52
14.18
23.06
22.23
32.23
25.79
11.6
- -
4.75
5.73
- -
- -
Return on Capital (%)
6.07
25.48
30.65
22.21
24.03
22.14
32.4
25.81
11.46
- -
4.81
5.92
- -
- -
Return on Common Equity (%)
6.22
29.8
36.05
25.83
26.24
22.64
32.58
26.47
11.64
3.4
4.89
5.85
7.09
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
56
58
69
LT Borrowings
59
158
356
LT Finance Leases
7
9
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
324
324
328
Market Capitalization
7,455
10,010
11,710

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,429
1,516
1,427
Cash, Cash Equivalents & STI
343
439
424
Accounts Receivable, Net
727
626
549
Inventories
257
297
320
Total Current Liabilities
834
737
814
Payables & Accruals
- -
- -
- -
ST Debt
56
58
69
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
34.05%
22.77%
-1.7%
Free Cash Flow
-245.05%
-70.23%
-150.33%
Net Income, GAAP
23.47%
1.88%
21.28%
Sales/Revenue/Turnover
33.45%
19.03%
21.69%
Total Cash Common Dividend
18,091.7%
874.1%
121.51%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
108
326
242
295
971
2025
137
326
- -
428
1,181
2026
149
260
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
0.09
0.04
0.05
0.16
2025
-0.04
0.11
- -
0.05
0.19
2026
-0.04
-0.11
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.1
- -
0.04
0.14
2025
- -
- -
- -
0.07
0.32
2026
- -
0.01
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Shu Gang Nie
Full Time Employees
894
Sector
Electronic technology
Industry
Telecommunications equipment
Address
Building 10 Zibo SD China 255086
IPO Date
Apr 8, 2021
Website
zhiyangcn.cn
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Business
Zhiyang Innovation Technology Co., Ltd. primarily operates in the technology sector, specializing in the research, development, manufacturing, and sale of electronic components and smart hardware products. Its core product offerings include semiconductor devices, electronic modules, integrated circuits, smart sensors, and related electronic components. The company serves various industry segments including consumer electronics, automotive electronics, industrial automation, and telecommunications. Zhiyang Innovation Technology markets its products primarily in China, with expanding outreach in international markets. Founded in 2010 and headquartered in Shanghai, China, Zhiyang Innovation Technology has developed proprietary technologies in smart sensor integration and semiconductor manufacturing. The company operates manufacturing facilities and R&D centers in key regions within China. It aims at delivering high-quality, innovative products catering to industrial clients and technology developers. In the last 1-2 years, Zhiyang Innovation Technology has engaged in strategic partnerships with leading semiconductor foundries to enhance its production capabilities and has launched a new series of high-performance integrated circuits designed for 5G applications. Additionally, the company has expanded its service portfolio to include customized smart hardware solutions for IoT (Internet of Things) applications. These initiatives mark a significant strategic shift towards advanced semiconductor product development and smart hardware integration, positioning the company for growth in emerging technology markets. Zhiyang Innovation Technology maintains a focus on innovation and quality, supporting a diverse customer base including electronics manufacturers, system integrators, and technology firms in Asia and globally. It continues to invest in R&D to maintain competitiveness within the rapidly evolving electronics industry landscape. The company is listed on the Shanghai Stock Exchange under the ticker 688191.SS.