Jiaxing ZMAX Optech Co., Ltd. Class A

Jiaxing ZMAX Optech Co., Ltd. Class A

SSSE:688307
35.35
CNY
-2.13
(-5.68%)
9.94BMarket Cap
Oct 30Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.31
3.58
4.25
4.35
3.2
3.71
5.29
- -
Basic EPS, GAAP
0.18
0.29
0.39
0.44
0.31
0.44
0.51
- -
Free Cash Flow per Basic Share
-0.25
-0.72
0.2
-0.19
0.46
0.41
-0.75
- -
Dividend per Share
0.03
0.02
0.15
0.15
0.16
0.29
0.33
0.39
Book Value per Share
1.8
3.31
3.61
3.98
6.8
6.99
7.26
7.35
Tangible Book Value per Share
1.6
3.11
3.27
3.64
6.56
6.74
6.39
6.49
Basic Weighted Avg Shares
123
93
93
93
118
123
124
123
Sales/Revenue/Turnover
284
334
396
404
379
455
658
- -
Operating Margin (%)
6.55
11.47
12
11.75
8.01
11.08
9.93
- -
Depreciation Expense
8
16
19
20
21
23
36
- -
Net Income, GAAP
23
27
36
41
36
53
63
- -
Effective Tax Rate (%)
- -
7.9
8.58
5.51
0.11
7.09
- -
- -
Profit Margin (%)
7.95
7.97
9.07
10.18
9.59
11.75
9.58
- -
Working Capital
-15
108
106
122
566
542
466
376
LT Debt
1
5
7
10
25
5
126
123
Total Equity
171
310
338
371
842
864
1,011
1,028
Return on Invested Capital (%)
- -
8.74
10.41
10.57
5.59
6.16
- -
- -
Return on Capital (%)
- -
9.5
11.02
10.75
5.65
6.16
- -
- -
Return on Common Equity (%)
- -
11.3
11.25
11.72
6.03
6.29
7.15
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
66
156
105
LT Borrowings
123
124
120
LT Finance Leases
3
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
124
124
124
Market Capitalization
3,836
6,068
9,936

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
831
859
770
Cash, Cash Equivalents & STI
386
387
278
Accounts Receivable, Net
161
180
190
Inventories
179
186
201
Total Current Liabilities
365
434
395
Payables & Accruals
- -
- -
- -
ST Debt
66
156
105
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
33.05%
17.02%
Free Cash Flow
- -
-205.95%
-286.46%
Net Income, GAAP
- -
20.54%
18%
Sales/Revenue/Turnover
- -
15.8%
44.75%
Total Cash Common Dividend
- -
169.98%
16.81%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
79
113
126
136
455
2025
112
138
- -
200
658
2026
188
216
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.08
0.14
0.13
0.44
2025
0.09
0.08
- -
0.19
0.51
2026
0.12
0.14
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.22
0.07
- -
0.29
2025
- -
0.25
- -
0.08
0.33
2026
0.01
0.3
- -
- -
- -

Company Description

CEO
Ping Hua Zhang
Full Time Employees
1,667
Sector
Electronic technology
Industry
Electronic components
Address
Jiaxing China
IPO Date
Feb 16, 2023
Business
Jiaxing ZMAX Optech Co., Ltd. engages in the research, development, design, manufacturing, and sale of precision optical lenses, optoelectronic imaging components, and customized optical systems in the People's Republic of China and internationally. The company's comprehensive product portfolio is organized across multiple core business segments: Security and Surveillance Optical Lenses, comprising ultra-high-definition zoom lenses, ultra-long-range surveillance lenses, full-color starlight low-light optical lenses, 4K/8K pan-tilt-zoom (PTZ) optical modules, and intelligent traffic management camera lenses; Machine Vision and Industrial Optics, comprising high-precision telecentric lenses, factory automation (FA) fixed-focal lenses, line-scan optical systems, macro inspection lenses, and automated optical inspection (AOI) lenses for semiconductor and electronics manufacturing; Automotive and Intelligent Mobility Optics, comprising advanced driver assistance system (ADAS) sensing lenses, surround-view camera modules, in-cabin driver monitoring system (DMS) and occupant monitoring system (OMS) lenses, digital electronic rearview mirror lenses, and optical transceiver components for LiDAR and sensing systems; Smart Projection and Consumer Display Optics, comprising ultra-short throw laser projection lenses, 4K/8K home theater projector lenses, digital cinema projection optics, and micro-display optical components for augmented and virtual reality (AR/VR) devices; Medical and Life Science Optical Devices, comprising rigid and flexible endoscope optical lenses, surgical microscope optical modules, and biomedical diagnostic imaging optical assemblies; and Specialized Optoelectronic Systems, comprising multi-spectral surveillance optical modules, coastal and border defense long-range zoom systems, forest fire prevention observation lenses, and unmanned aerial vehicle (UAV) gimbal zoom camera lenses. Additionally, the company provides bespoke optical engineering services, including precision optical design, optical mold tooling, glass and plastic spherical and aspherical lens processing, precision vacuum coating, and cleanroom optical lens assembly for original equipment manufacturer (OEM) and original design manufacturer (ODM) clients. Jiaxing ZMAX Optech Co., Ltd. serves a broad spectrum of commercial, industrial, automotive, medical, and consumer technology markets. Headquartered in Jiaxing, Zhejiang Province, China, the company was established in 2014 and operates research and development centers, advanced production bases, and global commercial networks spanning China, the wider Asia-Pacific region, Europe, and North America. In recent developments following its initial public offering on the Shanghai Stock Exchange Science and Technology Innovation Board (STAR Market: 688307), the company has executed key strategic growth initiatives, including the scale-up of dedicated manufacturing lines for high-reliability automotive sensing lenses and the expansion of direct supply partnerships with automotive Tier-1 suppliers and electric vehicle manufacturers. Furthermore, the company has broadened its high-end product portfolio with the market introduction of next-generation continuous-zoom industrial machine vision lenses and micro-optical endoscopic modules, while establishing collaborative technical partnerships with leading artificial intelligence vision system integrators to advance intelligent imaging and automated optical detection solutions.