Suzhou Sonavox Electronics Co., Ltd. Class A

Suzhou Sonavox Electronics Co., Ltd. Class A

SSSE:688533
19.20
CNY
+0.74
(+4.01%)
3.44BMarket Cap
Oct 30Next Earn
Suzhou Sonavox Electronics Co., Ltd. Class A
SSE:688533
(Shanghai Stock Exchange)

Recent

price

19.20

P/E

ratio

- -

div

yld

2.02%

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
10.17
10.34
9.91
9.08
8.8
10.96
14.49
17.35
18.54
- -
Revenue per Share
1.93
0.93
0.65
0.63
0.41
0.54
0.99
1.47
1.12
- -
Basic EPS, GAAP
0.47
-0.41
0.25
0.36
-0.68
-1.6
-2.23
0.39
0.12
- -
Free Cash Flow per Basic Share
0.92
0.11
0.09
0.53
0.08
0.19
0.28
0.41
- -
0.39
Dividend per Share
4.1
5.01
5.72
5.94
6.43
6.88
8.13
9.77
10.62
10.82
Book Value per Share
3.88
4.76
5.41
5.59
6.17
6.44
7.72
9.33
10.22
10.44
Tangible Book Value per Share
120
120
121
120
148
161
161
160
163
163
Basic Weighted Avg Shares
1,221
1,238
1,195
1,088
1,302
1,769
2,326
2,776
3,023
- -
Sales/Revenue/Turnover
12.75
11.61
8.86
10.57
7.54
5.95
10.3
13.12
7.74
- -
Operating Margin (%)
30
33
38
40
46
54
73
94
135
- -
Depreciation Expense
232
111
78
76
61
87
159
235
183
- -
Net Income, GAAP
16.12
16.91
14.04
12.73
8.42
8.6
13.6
17.21
16.47
- -
Effective Tax Rate (%)
18.98
8.99
6.56
6.94
4.66
4.93
6.83
8.47
6.04
- -
Profit Margin (%)
206
280
301
327
612
627
771
856
857
1,218
Working Capital
- -
- -
- -
7
4
145
583
535
563
878
LT Debt
491
603
688
715
1,031
1,103
1,305
1,600
1,735
1,787
Total Equity
- -
12.82
8.77
7.43
5.23
5.98
8.23
9.86
6.89
- -
Return on Invested Capital (%)
- -
13.98
9.56
8.51
6.13
6.58
9.06
10.86
8.02
- -
Return on Capital (%)
- -
20.38
12.17
10.79
6.96
8.18
13.24
16.26
11
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
489
484
489
LT Borrowings
525
834
839
LT Finance Leases
37
53
40
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
163
165
165
Market Capitalization
4,762
4,163
3,442

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,141
2,322
2,384
Cash, Cash Equivalents & STI
518
826
812
Accounts Receivable, Net
986
733
849
Inventories
447
430
510
Total Current Liabilities
1,284
1,062
1,166
Payables & Accruals
- -
- -
- -
ST Debt
489
484
489
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
20.12%
8.41%
Free Cash Flow
- -
-65.2%
-67.92%
Net Income, GAAP
- -
26.4%
-22.35%
Sales/Revenue/Turnover
- -
23.05%
8.89%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
598
641
756
782
2,776
2025
636
731
- -
888
3,023
2026
687
737
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.37
0.33
0.49
0.28
1.47
2025
0.17
0.35
- -
0.29
1.12
2026
0.15
0.09
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.29
0.08
0.01
0.41
2025
0.02
0.47
- -
- -
- -
2026
0.02
0.36
- -
- -
- -
Business
Suzhou Sonavox Electronics Co., Ltd. (688533.SS) engages in the research, development, design, manufacture, and sale of automotive acoustic products and systems. The company offers a comprehensive range of audio solutions including car speakers such as woofers, subwoofers, tweeters, and full-range loudspeakers; car power amplifiers; car audio sets; sound systems; and acoustic vehicle alerting systems (AVAS); as well as related components and integrated solutions from entry-level to premium audiophile quality. Founded in 1992 and headquartered in Suzhou, China, it operates production facilities across six countries on four continents, including plants in Mexico and the Czech Republic, serving major global automakers such as Volkswagen, GM, Ford, Audi, Peugeot Citroen, Tesla, Bentley, SAIC, Geely, and GWM. Suzhou Sonavox maintains a global service architecture with approximately 2,400 employees and annual production exceeding 86 million loudspeakers. Recent developments include strategic partnerships with leading automotive manufacturers to integrate advanced audio solutions into next-generation vehicles, alongside investments in R&D representing around 5% of revenue, capital expenditures on new technologies, supplier diversification for semiconductor chips, and market expansion into Southeast Asia targeting 10% annual growth; the company also issued new bonds and conducted a rights issue to support growth initiatives.