Chengdu KSW Technologies Co., Ltd. Class A

Chengdu KSW Technologies Co., Ltd. Class A

SSSE:688283
25.21
CNY
-0.47
(-1.83%)
0.38EPS
87.05P/E
4.03BMarket Cap
Oct 30Next Earn
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
0.29
4.31
6.81
10.37
0.96
1.15
1.42
1.79
1.89
2.1
1.84
2.02
2.16
Basic EPS, GAAP
0.05
0.92
1.98
3.5
0.28
0.34
0.49
0.56
0.7
0.72
0.3
0.39
0.38
Free Cash Flow per Basic Share
-0.02
0.97
1.2
0.01
-0.01
0.11
0.23
0.13
-0.05
-0.37
0.6
0.35
- -
Dividend per Share
- -
- -
- -
- -
0.04
0.03
0.04
0.01
0.05
0.07
0.15
0.26
- -
Book Value per Share
0.18
0.48
0.76
1.27
1.81
1.46
1.42
1.97
7.29
7.94
7.97
8.09
7.93
Tangible Book Value per Share
0.18
0.48
0.76
1.26
1.8
1.45
1.41
1.9
7.22
7.85
7.83
7.95
7.8
Basic Weighted Avg Shares
33
3
5
5
60
92
92
91
117
121
123
120
118
Sales/Revenue/Turnover
9
15
31
48
58
105
130
163
220
254
227
243
255
Operating Margin (%)
22.57
28.74
32.68
40.6
38.9
37.6
42.25
38.29
38.1
33.43
12.32
21.92
19.83
Depreciation Expense
- -
- -
- -
1
1
1
1
1
2
7
14
15
- -
Net Income, GAAP
2
3
9
16
17
32
45
51
81
87
37
47
45
Effective Tax Rate (%)
15.58
16.38
12.76
14.07
14.39
13.3
12.71
11.06
9.83
6.97
- -
- -
- -
Profit Margin (%)
17.8
21.46
29.08
33.72
29.54
30
34.47
31.13
36.87
34.35
16.35
19.28
17.63
Working Capital
3
13
21
37
54
81
121
164
825
853
875
548
499
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
6
16
25
41
59
89
130
180
888
967
971
986
966
Return on Invested Capital (%)
- -
27.34
34.05
40.88
30.28
38.93
37.24
29.81
14.96
9.48
- -
- -
- -
Return on Capital (%)
- -
29.82
44.95
47.34
32.86
40.73
38.31
30.04
14.97
9.39
- -
- -
- -
Return on Common Equity (%)
- -
29.82
44.95
48.72
34
42.75
40.95
32.68
15.21
9.39
3.82
4.78
4.65

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
122
122
122
Market Capitalization
4,909
4,714
4,033

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
672
573
598
Cash, Cash Equivalents & STI
356
238
269
Accounts Receivable, Net
168
171
181
Inventories
118
134
126
Total Current Liabilities
124
101
99
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
70.59%
88.43%
1.57%
Free Cash Flow
-322.04%
37.33%
-43.07%
Net Income, GAAP
44.29%
9.85%
26.32%
Sales/Revenue/Turnover
36.05%
14.39%
7.12%
Total Cash Common Dividend
- -
228.32%
71.73%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
25
56
41
105
227
2025
31
72
- -
85
243
2026
35
63
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.09
0.03
0.17
0.3
2025
-0.01
0.11
- -
0.17
0.39
2026
0.04
0.05
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.15
2025
- -
- -
- -
- -
0.26
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ji Lin Zhang
Full Time Employees
149
Sector
Electronic technology
Industry
Telecommunications equipment
Address
No. 388 Kangqiang Second Road Chengdu SI China 611731
IPO Date
Feb 15, 2022
Business
Chengdu KSW Technologies Co., Ltd. (688283.SS) develops, manufactures, and sells high-end radio frequency simulation test instruments and system solutions focused on wireless communication, navigation, vehicle networking, Internet of Things, and related fields; its core products include wireless channel emulators for multipath effects, Doppler shift, and fading simulation, vector signal generators with superior phase noise and modulation accuracy, spectrum and vector signal analyzers using digital equalization for high-bandwidth real-time analysis, vector signal transceivers for signal acquisition, storage, playback, and generation across RF microwave chip testing and base station applications, radio comprehensive testers integrating spectrum analysis, network analysis, signal generation, and oscilloscope functions, telemetry remote control receivers based on software-defined radio architecture, HBI high-speed bus modules and storage boards for customizable platforms, and specialized test systems such as 5G Massive MIMO, large-scale networking, complex electromagnetic environment evaluation, automated testing, MIMO V2X, and equipment performance assessment. The company, founded in 2010 and headquartered at No. 388 Kangqiang Second Road, Gaoxin District, Chengdu, Sichuan Province, China, primarily serves mobile communication operators like China Mobile and China Unicom, equipment manufacturers, radio research institutes, aerospace, and scientific research sectors with full-lifecycle solutions from R&D to production testing. Recent developments include a share repurchase program completed in early 2025 totaling 851,910 shares or 0.70% of total share capital for approximately 16.3 million yuan, allocation of 100 million yuan from oversubscribed IPO funds to permanently supplement working capital in April 2025, expiration of a lock-up agreement on certain A-shares in February 2025, and the launch of a new wireless communication testing platform series in November 2025 featuring modular design, automation software, and channel simulation for multi-standard 5G and NTN scenarios to enhance terminal testing efficiency.