Zhejiang Shuangyuan Technology Co., Ltd Class A

Zhejiang Shuangyuan Technology Co., Ltd Class A

SSSE:688623
57.96
CNY
+0.90
(+1.58%)
5.94BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.47
2.85
4.45
5.79
5.72
4.54
4.04
- -
Basic EPS, GAAP
0.27
0.72
0.97
1.5
1.78
1.02
0.74
- -
Free Cash Flow per Basic Share
0.12
1.19
-0.86
1.09
0.18
-0.36
0.93
- -
Dividend per Share
0.11
0.21
0.19
0.12
0.02
1.29
0.83
0.08
Book Value per Share
1.81
2.32
4.49
5.89
25.4
24.8
24.71
24.67
Tangible Book Value per Share
1.81
2.32
4.49
5.67
25.23
24.63
24.54
24.51
Basic Weighted Avg Shares
86
58
59
64
75
85
85
94
Sales/Revenue/Turnover
126
165
262
372
429
386
342
- -
Operating Margin (%)
21.82
27.92
24.85
30.42
29.94
19.54
12.86
- -
Depreciation Expense
1
1
3
5
5
5
10
- -
Net Income, GAAP
23
42
57
96
133
87
63
- -
Effective Tax Rate (%)
11.55
12.61
12.7
11.63
12.29
8.9
10.83
- -
Profit Margin (%)
18.19
25.2
21.83
25.95
31.09
22.49
18.29
- -
Working Capital
90
116
272
394
2,108
1,911
1,884
1,893
LT Debt
- -
- -
3
52
50
1
- -
- -
Total Equity
105
134
289
379
2,178
2,127
2,119
2,120
Return on Invested Capital (%)
- -
32.74
25.5
26.25
9.74
4.02
3.05
- -
Return on Capital (%)
- -
34.63
26.65
26.99
10.16
4.02
2.95
- -
Return on Common Equity (%)
- -
34.76
27
28.91
10.44
4.04
2.94
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
86
86
86
Market Capitalization
5,553
5,022
5,941

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,407
2,465
2,507
Cash, Cash Equivalents & STI
1,726
1,780
1,811
Accounts Receivable, Net
103
90
63
Inventories
409
436
477
Total Current Liabilities
523
555
614
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
123.71%
-0.36%
Free Cash Flow
- -
-233.9%
-356.99%
Net Income, GAAP
- -
16.3%
-28.03%
Sales/Revenue/Turnover
- -
18.89%
-11.5%
Total Cash Common Dividend
- -
1,128.17%
-35.9%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
86
93
106
102
386
2025
78
84
- -
96
342
2026
81
101
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.28
0.31
0.21
0.21
1.02
2025
0.3
0.13
- -
0.12
0.74
2026
0.22
0.2
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1.07
0.02
0.18
1.29
2025
- -
- -
- -
0.09
0.83
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jian Zheng
Full Time Employees
473
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
Hangzhou China
IPO Date
Jun 8, 2023
Website
zjusy.com
Business
Zhejiang Shuangyuan Technology Co., Ltd. is a China-based industrial automation and quality inspection technology company specializing in the research, development, manufacture, and distribution of high-precision online measurement and machine vision defect inspection systems. Founded in 2006 and headquartered in Hangzhou, Zhejiang Province, China, the company provides intelligent sensing, defect identification, and closed-loop process control solutions designed for continuous web and sheet material manufacturing across industries such as new energy lithium-ion batteries, optical and solar films, nonwoven fabrics, papermaking, and metal foils. The company operates through three primary business divisions: Online Thickness and Surface Density Measurement Systems, Machine Vision Surface Defect Inspection Systems, and Process Automation and Quality Control Solutions. Its product and service portfolio includes online thickness and areal density measurement systems, comprising beta-ray measurement gauges, X-ray transmission and backscatter thickness sensors, laser triangulation and caliper gauges, infrared absorption sensors, and microwave moisture meters; machine vision surface defect inspection systems, featuring high-speed line-scan CCD and CMOS industrial cameras, multi-angle optical illumination systems, embedded image processing units, AI-driven visual defect classification software, and automated defect-marking and edge-trimming modules for detecting pinholes, coating voids, wrinkles, scratches, and foreign contaminants; closed-loop process control and monitoring platforms, incorporating automatic profile control systems, automatic air knife and thermal die-bolt controllers, statistical process control software, and industrial Internet of Things data acquisition interfaces; and comprehensive technical services, including customized algorithm development, optical system engineering, on-site calibration, installation, commissioning, software upgrades, and lifecycle maintenance support. Zhejiang Shuangyuan Technology Co., Ltd. serves a broad customer base comprising power battery cell manufacturers, energy storage producers, lithium battery separator suppliers, copper and aluminum foil fabricators, photovoltaic film producers, and industrial textile manufacturers. The company operates manufacturing facilities and engineering centers in Hangzhou, with an extensive sales and service network covering major manufacturing regions in China, as well as export channels supporting international clients across Europe, Southeast Asia, and North America. In recent developments, Zhejiang Shuangyuan Technology Co., Ltd. listed its Class A shares on the Science and Technology Innovation Board of the Shanghai Stock Exchange under ticker symbol 688623. The company has allocated capital proceeds toward expanding its smart manufacturing base for intelligent inspection equipment, constructing upgraded optical and artificial intelligence research laboratories, and scaling production capacity. Operationally, the company has rolled out new multi-spectral visual inspection and 3D surface measurement solutions tailored for next-generation solid-state battery components, composite current collectors, and ultra-thin optical functional films. Additionally, the company has reinforced strategic supply partnerships with leading global battery manufacturers to support their overseas production expansions, while integrating deep-learning neural network algorithms into its visual inspection platforms to improve micro-defect classification accuracy and production yield in high-speed manufacturing environments.