Sichuan Huafeng Technology Co., Ltd. Class A

Sichuan Huafeng Technology Co., Ltd. Class A

SSSE:688629
77.17
CNY
+1.66
(+2.20%)
0.86EPS
215.56P/E
87.80BMarket Cap
Oct 29Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.52
2.72
2.31
2.49
2.12
2.46
5.5
6.12
Basic EPS, GAAP
-0.46
-0.04
0.21
0.25
0.17
-0.04
0.78
0.87
Free Cash Flow per Basic Share
-1.82
-0.46
- -
-0.05
0.01
-0.58
-0.87
- -
Dividend per Share
0.26
0.14
0.01
0.02
0.02
0.07
0.02
0.02
Book Value per Share
0.18
1.49
1.93
2.18
3.26
3.17
3.95
6.28
Tangible Book Value per Share
0.02
1.34
1.78
2.05
3.11
3.03
3.66
5.99
Basic Weighted Avg Shares
210
266
360
395
426
444
460
462
Sales/Revenue/Turnover
529
723
831
984
904
1,092
2,528
2,829
Operating Margin (%)
-10.76
2.4
10.54
11.57
6.72
-0.97
17.58
17.92
Depreciation Expense
35
58
75
81
94
112
144
- -
Net Income, GAAP
-97
-11
76
99
72
-18
359
402
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
6.83
8.96
Profit Margin (%)
-18.27
-1.47
9.09
10.04
8.01
-1.63
14.19
14.2
Working Capital
-111
262
501
814
1,363
711
764
1,990
LT Debt
21
29
21
206
204
183
239
184
Total Equity
67
540
761
877
1,523
1,475
1,823
2,937
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
18.41
15.3
Return on Capital (%)
- -
- -
- -
- -
- -
- -
19.2
16.4
Return on Common Equity (%)
- -
-3.53
11.68
12.26
6.14
-1.2
21.85
18.13

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
160
257
207
LT Borrowings
229
238
170
LT Finance Leases
10
12
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
461
461
468
Market Capitalization
46,127
47,611
87,802

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,259
2,299
3,537
Cash, Cash Equivalents & STI
319
722
1,552
Accounts Receivable, Net
1,141
771
847
Inventories
529
628
680
Total Current Liabilities
1,496
1,495
1,546
Payables & Accruals
- -
- -
- -
ST Debt
160
257
207
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
30.06%
23.64%
Free Cash Flow
- -
-762.97%
54.56%
Net Income, GAAP
- -
-610.12%
-2,120.06%
Sales/Revenue/Turnover
- -
35.5%
131.5%
Total Cash Common Dividend
- -
30.73%
-74.07%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
226
259
265
343
1,092
2025
406
699
- -
869
2,528
2026
633
627
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
-0.06
-0.07
0.07
-0.04
2025
0.07
0.26
- -
0.29
0.78
2026
0.23
0.09
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.05
0.01
0.01
0.07
2025
0.01
- -
- -
- -
0.02
2026
0.01
0.01
- -
- -
- -

Company Description

CEO
Tai Guo Liu
Full Time Employees
3,986
Sector
Electronic technology
Industry
Electronic components
Address
Mianyang China
IPO Date
Jun 27, 2023
Business
Sichuan Huafeng Technology Co., Ltd. is a China-based manufacturer specializing in the research, development, production, and sale of optical and electrical interconnection solutions, high-reliability connectors, and integrated cable assemblies for defense, telecommunications, enterprise computing, and industrial applications. Founded in 1958 and headquartered in Mianyang, Sichuan Province, the company operates as a specialized technology enterprise affiliated with Sichuan Changhong Electronics Holding Group Co., Ltd. The company organizes its core business into three main segments: Electrical Connectors, Optical Interconnect Products, and Cable Assembly Systems. Its comprehensive product and service portfolio comprises high-speed backplane connectors, including 56Gbps and 112Gbps PAM4 high-speed interconnect systems; circular, rectangular, and micro-miniature harsh-environment connectors; radio frequency (RF) coaxial connectors; printed circuit board (PCB) and board-to-board connectors; fiber optic connectors, active optical cables (AOC), and optical transceiver interfaces; new energy vehicle (NEV) high-voltage and low-voltage wiring harnesses; power supply connectors; integrated server backplane chassis modules; and customized interconnect cable assemblies engineered for mission-critical electronic systems. Sichuan Huafeng Technology serves tier-one manufacturers and enterprise clients across aerospace, defense electronics, 5G wireless and core network communications, artificial intelligence (AI) data center infrastructure, industrial automation, rail transit, and new energy vehicles, primarily operating across mainland China with selective export activities. In recent developments following its initial public offering on the Shanghai Stock Exchange Science and Technology Innovation Board (STAR Market) under ticker 688629, the company has scaled commercial production of its proprietary 112Gbps high-speed copper interconnect systems, commenced research and development for next-generation 224Gbps high-speed server connectors to meet accelerating AI compute cluster demands, expanded automated manufacturing capacity at its Sichuan production facilities, and deepened strategic supply partnerships across the telecommunications, AI server, and automotive electronics sectors.