Hainan Jinpan Smart Technology Co., Ltd. Class A

Hainan Jinpan Smart Technology Co., Ltd. Class A

SSSE:688676
53.08
CNY
-1.60
(-2.93%)
1.37EPS
60.65P/E
38.92BMarket Cap
Mar 25Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.59
5.78
5.88
6.28
8.02
11.22
15.59
15.5
15.93
16.43
Basic EPS, GAAP
0.17
0.51
0.55
0.6
0.57
0.67
1.18
1.29
1.44
1.4
Free Cash Flow per Basic Share
0.17
0.56
0.41
-0.1
0.05
-1.52
-1.67
-1.06
0.47
- -
Dividend per Share
0.62
0.12
0.1
0.11
0.24
0.25
0.3
0.53
0.6
1.29
Book Value per Share
3.49
4.14
4.6
5.11
5.78
6.75
7.72
9.73
11.38
11.51
Tangible Book Value per Share
3.1
3.75
4.17
4.65
5.4
6.35
7.32
9.15
10.81
10.94
Basic Weighted Avg Shares
360
378
382
386
412
423
428
445
458
454
Sales/Revenue/Turnover
2,011
2,185
2,244
2,423
3,303
4,746
6,668
6,901
7,295
7,468
Operating Margin (%)
5.09
10.92
11.34
13.29
9.52
7.03
10.44
10.99
12.08
12.2
Depreciation Expense
54
50
47
57
81
95
153
230
246
- -
Net Income, GAAP
61
193
210
232
235
283
505
574
660
634
Effective Tax Rate (%)
9.85
12.21
12.28
10.83
8.57
- -
8.97
7.53
9.5
8.86
Profit Margin (%)
3.04
8.83
9.36
9.56
7.1
5.97
7.57
8.32
9.04
8.49
Working Capital
914
1,065
1,128
1,274
1,755
2,270
2,372
2,969
4,997
4,868
LT Debt
56
- -
21
197
341
1,079
1,375
899
2,380
2,231
Total Equity
1,360
1,593
1,768
1,962
2,462
2,874
3,297
4,447
5,221
5,281
Return on Invested Capital (%)
- -
11.37
11.68
11.42
8.99
- -
11.04
10.6
9.04
8.07
Return on Capital (%)
- -
11.83
11.82
11.54
9.57
- -
12.06
11.31
9.57
9.25
Return on Common Equity (%)
- -
13.42
12.55
12.46
10.62
10.62
16.35
14.83
13.63
12.87

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,170
1,606
1,394
LT Borrowings
2,337
2,152
2,195
LT Finance Leases
43
41
36
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
460
460
460
Market Capitalization
41,537
34,254
38,916

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,515
9,813
9,760
Cash, Cash Equivalents & STI
2,839
2,819
2,387
Accounts Receivable, Net
2,368
2,332
2,564
Inventories
2,590
2,938
3,239
Total Current Liabilities
4,518
4,873
4,892
Payables & Accruals
- -
- -
- -
ST Debt
1,170
1,606
1,394
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
21.84%
17.41%
Free Cash Flow
- -
-697.22%
-145.31%
Net Income, GAAP
- -
25.77%
14.82%
Sales/Revenue/Turnover
- -
25.94%
5.71%
Total Cash Common Dividend
- -
50.95%
15.24%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,305
1,611
1,882
2,102
6,901
2025
1,343
1,812
- -
2,101
7,295
2026
1,523
2,033
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.22
0.28
0.4
0.38
1.29
2025
0.24
0.35
- -
0.38
1.44
2026
0.25
0.42
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.47
0.02
0.02
0.53
2025
0.02
0.53
- -
0.03
0.6
2026
0.02
0.71
- -
- -
- -

Company Description

CEO
Jinmei Wan
Full Time Employees
2,286
Sector
Producer manufacturing
Industry
Electrical products
Address
168-39 Nanhai Avenue Haikou HA China 570216
IPO Date
Mar 9, 2021
Website
jst.com.cn
Business
Hainan Jinpan Smart Technology Co., Ltd. engages in the research, development, production, sales, and servicing of power transmission and distribution equipment and control products applied in new energy, high-end equipment, energy conservation, environmental protection, new infrastructure, and industrial electrical sectors. The company offers dry-type transformers and reactors; medium- and low-voltage switchgears; power electronics equipment, including integrated photovoltaic inverter grid-connected devices, intelligent photovoltaic box-type transformers, energy storage and conversion devices, DC charging stations, and high-voltage static dynamic reactive power compensation devices; box-type substations; electrochemical energy storage systems such as 6-35kV medium- and high-voltage cascade direct-mounted systems, low-voltage energy storage systems, smart microgrid systems, power storage converters, energy management systems, and battery management systems; and digital overall solutions encompassing digital factory consulting, manufacturing execution systems, intelligent warehousing, and logistics technologies. Founded in 1997 and headquartered in Haikou, Hainan Province, China, at No. 168-39 Nanhai Avenue, the company operates primarily in China with exports to approximately 84 countries across six continents, serving wind energy, photovoltaic, energy storage, hydrogen energy, data centers, charging piles, traditional power generation, transmission, distribution, and related fields. Recent developments include strategic partnerships with leading technology firms and utility companies such as China Southern Power Grid and State Grid Corporation of China for smart energy and city solutions, heavy investments in R&D for product innovations like high-efficiency power supplies and intelligent control systems, acquisitions of smaller tech firms to enhance capabilities and add revenue, expansion into Southeast Asia and Africa markets, and a successful IPO on the Shanghai Stock Exchange STAR Market in March 2021 as Hainan's first listed company there, alongside ongoing "intelligent manufacturing plus smart services" strategic upgrades embracing IoT, big data, and AI.