JinGuan Electric Co., Ltd. Class A

JinGuan Electric Co., Ltd. Class A

SSSE:688517
22.11
CNY
+0.16
(+0.73%)
0.46EPS
37.93P/E
2.39BMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.15
5.2
5.13
5.21
4.46
4.46
4.17
4.84
5.33
5.16
Basic EPS, GAAP
0.75
0.47
0.65
0.73
0.58
0.58
0.59
0.67
0.59
0.46
Free Cash Flow per Basic Share
0.2
0.12
0.7
-0.25
0.11
-0.15
0.56
1.05
0.51
- -
Dividend per Share
0.4
0.08
0.35
0.02
0.01
0.43
0.21
0.51
0.56
1.04
Book Value per Share
2.47
2.98
3.66
4.38
5.24
5.42
5.86
5.96
6
5.47
Tangible Book Value per Share
2.38
2.89
3.58
3.85
4.82
5.02
5.48
5.59
5.64
5.11
Basic Weighted Avg Shares
99
98
99
101
119
136
137
136
137
137
Sales/Revenue/Turnover
510
511
506
528
532
606
571
658
730
708
Operating Margin (%)
19.06
13.41
15.26
17.31
14.49
15.87
17.35
16.77
13.66
11.88
Depreciation Expense
8
8
9
10
10
11
16
19
19
- -
Net Income, GAAP
74
46
64
74
69
79
81
91
81
63
Effective Tax Rate (%)
17.11
12.16
12.35
12
11.07
13
10.82
11.33
12.77
12.4
Profit Margin (%)
14.5
9.03
12.68
14.02
13
13
14.15
13.85
11.07
8.93
Working Capital
151
200
262
339
573
539
552
554
506
391
LT Debt
- -
- -
- -
30
- -
31
33
30
30
28
Total Equity
244
295
374
448
713
737
801
815
819
747
Return on Invested Capital (%)
- -
10.75
15.57
17.2
10.85
10.12
10.19
11.45
9.76
7.74
Return on Capital (%)
- -
11.9
15.42
16.46
11.28
10.01
9.75
10.65
9.33
7.58
Return on Common Equity (%)
- -
17.11
19.2
18.03
11.92
10.87
10.51
11.28
9.89
8

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
42
42
1
LT Borrowings
30
30
28
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
137
137
137
Market Capitalization
2,130
2,451
2,388

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,008
982
874
Cash, Cash Equivalents & STI
446
375
235
Accounts Receivable, Net
392
399
394
Inventories
78
118
145
Total Current Liabilities
502
492
483
Payables & Accruals
- -
- -
- -
ST Debt
42
42
1
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
14.72%
0.55%
Free Cash Flow
- -
-169.5%
-50.84%
Net Income, GAAP
- -
2.28%
-11.28%
Sales/Revenue/Turnover
- -
7.03%
11.04%
Total Cash Common Dividend
- -
846%
11.19%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
129
187
153
189
658
2025
139
201
- -
206
730
2026
125
176
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.23
0.11
0.18
0.67
2025
0.14
0.17
- -
0.16
0.59
2026
0.1
0.03
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.52
- -
-0.01
0.51
2025
- -
0.55
- -
- -
0.56
2026
- -
0.49
- -
- -
- -

Company Description

CEO
Chong Fan
Full Time Employees
444
Sector
Producer manufacturing
Industry
Electrical products
Address
High-tech Development Zone Nanyang HN China 473000
IPO Date
Jun 18, 2021
Business
JinGuan Electric Co., Ltd. engages in the research, development, manufacturing, and sales of electrical equipment primarily focused on power transmission and distribution. The company's core product portfolio includes metal oxide surge arresters such as porcelain jacket arresters, composite jacket arresters, and GIS tank arresters; pole-mounted switches; fuse-type voltage limiters; transformers mainly for station areas; intelligent high-voltage switchgear; primary and secondary fusion ring network cabinets and fusion column switches; box-type substations; distribution boxes; 35kV inflatable cabinets; cable branch boxes; energy storage products including 100kW/215kWh all-in-one machines and 0.5MW/1MWh energy storage systems. These products support the construction of strong smart grids and intelligent power distribution systems. JinGuan Electric also serves the new energy equipment sector and provides distribution equipment used in municipal engineering, energy, chemical industries, and rail transit. Founded in 2005 and headquartered in Nanyang, China, JinGuan Electric operates primarily within China and participates in the formulation of more than 22 national or industry standards. The company employs over 450 staff, including more than 70 research and development personnel, reflecting its emphasis on innovation and intellectual property, with over 205 patented technologies to date. Recent major company developments include a strategic focus on Industry 4.0 as a "craftsman enterprise," emphasizing deep core competitiveness through innovation in power transmission and smart grid technologies. In 2024, JinGuan Electric announced a significant equity buyback program valued at CNY 50 million. The company has also expanded its product offerings in intelligent switchgears and energy storage solutions, aligning with global trends in clean energy and smart grid integration. These operational enhancements and strategic shifts underscore JinGuan Electric's commitment to enhancing its product lineup and market presence in the electrical equipment sector. JinGuan Electric is listed on the STAR Market of the Shanghai Stock Exchange under ticker 688517.SS and continues to develop advanced solutions for the electric power industry, with a focus on improving the stability and intelligence of power distribution networks through its extensive product suite and technological innovations.