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Wetown Electric Group Co. Ltd. Class A

Wetown Electric Group Co. Ltd. Class A

SSSE:688226
23.76
CNY
+0.58
(+2.50%)
0.32EPS
213.19P/E
8.40BMarket Cap
Oct 28Next Earn
Wetown Electric Group Co. Ltd. Class A
SSE:688226
(Shanghai Stock Exchange)

Recent

price

23.76

P/E

ratio

213.19

div

yld

2.35%

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
9.61
6.34
6.51
6.31
6.98
7.93
7.8
8.19
9.23
10.53
18.2
22.38
20.26
23.61
Revenue per Share
0.64
0.43
0.49
0.47
0.41
0.43
0.47
0.41
0.44
0.45
0.77
0.61
0.16
0.2
Basic EPS, GAAP
0.88
0.41
-0.38
0.08
0.25
-0.67
0.54
-0.49
-0.06
-1.16
-3.66
-1.55
-2.11
- -
Free Cash Flow per Basic Share
0.47
0.29
0.3
0.12
0.09
0.18
0.09
0.09
0.18
0.24
0.32
0.52
0.48
0.56
Dividend per Share
1.66
1.94
2.31
2.72
4
4.32
4.79
5.2
5.53
5.85
6.62
10.65
9.07
10.26
Book Value per Share
1.43
1.7
1.89
2.3
3.58
3.95
4.32
4.7
5.15
5.5
5.5
9.45
8.06
9.3
Tangible Book Value per Share
58
100
101
101
106
118
116
116
136
155
156
156
190
187
Basic Weighted Avg Shares
554
632
655
634
737
935
908
948
1,254
1,636
2,848
3,481
3,851
4,408
Sales/Revenue/Turnover
12.3
12.54
13.67
11.93
10.33
10.15
100
8.22
7.8
6.96
7.72
6.02
3.05
3.9
Operating Margin (%)
7
10
15
14
15
17
4
18
23
25
31
46
56
- -
Depreciation Expense
37
43
49
47
43
51
55
47
60
70
120
95
30
38
Net Income, GAAP
16.73
15.93
16.12
19.82
19.56
16.22
13.52
15.25
13.14
7.92
14.81
14.45
- -
1.84
Effective Tax Rate (%)
6.66
6.78
7.52
7.45
5.87
5.42
6.02
5.01
4.77
4.27
4.23
2.73
0.79
0.85
Profit Margin (%)
96
104
130
164
300
339
390
426
690
688
606
701
909
1,158
Working Capital
- -
- -
- -
- -
- -
- -
- -
2
17
39
191
486
806
812
LT Debt
200
232
284
338
488
528
590
638
893
945
1,082
1,738
1,844
2,161
Total Equity
- -
9.54
9.49
8.59
7.95
7.97
7.84
5.76
6.03
5.85
7.72
4.05
- -
1.59
Return on Invested Capital (%)
- -
8.99
9.74
7.62
8.3
8.42
7.99
7.21
7.23
6.39
7.39
4.68
- -
2.2
Return on Capital (%)
- -
20.33
19.79
16.06
11.01
10.41
10.26
8.13
8.12
7.87
12.38
7.03
1.8
2.03
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,157
1,064
1,421
LT Borrowings
778
981
783
LT Finance Leases
29
29
29
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
189
189
196
Market Capitalization
7,004
8,014
8,398

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,591
3,630
4,096
Cash, Cash Equivalents & STI
762
539
865
Accounts Receivable, Net
1,450
1,785
1,784
Inventories
451
431
590
Total Current Liabilities
2,682
2,550
2,938
Payables & Accruals
- -
- -
- -
ST Debt
1,157
1,064
1,421
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.87%
25.42%
6.08%
Free Cash Flow
171.3%
477.07%
66.25%
Net Income, GAAP
2.53%
5.19%
-67.93%
Sales/Revenue/Turnover
21.11%
33.93%
10.65%
Total Cash Common Dividend
28.76%
60.08%
14.11%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
795
1,057
893
736
3,481
2025
874
859
- -
1,255
3,851
2026
1,080
1,214
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.23
0.28
0.19
-0.09
0.61
2025
0.07
0.02
- -
0.09
0.16
2026
0.04
0.05
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.34
0.04
0.06
0.52
2025
0.06
0.22
- -
0.16
0.48
2026
0.03
0.14
- -
- -
- -
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Business
Wetown Electric Group Co., Ltd. (688226.SS) researches, develops, produces and sells electrical products principally in China and internationally. The company offers high and low voltage busbars; high and low voltage complete sets of electrical equipment; intelligent electrical equipment; power supply equipment and accessories; transformers; electrical components; photovoltaic ribbons; embedded channels; subway tunnels and evacuation platforms; supports and hangers; wire bridges; non-ferrous metals and by-products; and energy storage solutions including commercial and industrial systems, inverters and battery packs. It provides power distribution and new energy business segments to customers in government buildings, financial real estate, wind power, petrochemicals, ferrous metallurgy, shipping, city hotels, machine and car manufacturing, power grids, commercial real estate, industrial plants, communications, finance and insurance, and new energy sectors. Founded in 1986 and headquartered in Yangzhong, China, Wetown operates subsidiaries domestically and abroad, maintains overseas sales agencies in nearly 30 provinces and exports to over 40 countries across Southeast Asia, Australia, Europe, the Middle East, Africa and the Americas, and holds global strategic partnerships with ABB, GE, Schneider and Westinghouse. Recent developments include receipt of CNY 578.1 million in funding from investors in January 2025 and expansion of energy storage offerings for industrial, residential and portable markets.