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    Electric utilities
Shandong Kehui Power Automation Co.,Ltd Class A

Shandong Kehui Power Automation Co.,Ltd Class A

SSSE:688681
13.76
CNY
-0.24
(-1.71%)
0.39EPS
36.37P/E
1.46BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.94
3.29
2.58
2.93
3.1
3.18
3.77
4.21
4.06
2.92
3.25
4
4.85
4.7
Basic EPS, GAAP
0.24
0.41
0.21
0.44
0.36
0.23
0.52
0.7
0.6
-0.07
0.12
0.29
0.45
0.38
Free Cash Flow per Basic Share
0.39
0.39
0.36
-0.03
-0.01
-0.23
0.44
0.35
-0.25
-0.24
0.26
0.09
0.17
- -
Dividend per Share
0.31
0.22
0.16
0.15
0.14
0.15
0.14
0.14
0.11
0.12
0.1
0.15
0.1
0.28
Book Value per Share
1.14
1.45
2.28
2.59
3.2
3.31
3.73
4.32
5.59
5.41
5.44
5.5
5.9
5.85
Tangible Book Value per Share
0.9
1.22
2.05
2.31
2.83
2.93
3.36
3.98
5.35
5.16
5.19
5.24
5.66
5.44
Basic Weighted Avg Shares
61
60
72
73
76
77
79
79
91
106
106
105
104
110
Sales/Revenue/Turnover
179
196
186
215
235
246
298
333
369
310
344
420
505
516
Operating Margin (%)
9.83
11.16
7.18
14.21
14.85
8.73
100
20.12
13.88
-1.64
3.98
8.3
10.91
9.4
Depreciation Expense
3
3
3
4
4
6
7
9
12
15
16
19
21
- -
Net Income, GAAP
15
24
15
32
27
18
41
55
55
-7
13
30
47
42
Effective Tax Rate (%)
14.87
14.98
27.22
16.88
17.1
11.58
14.5
14.82
5.73
- -
- -
3.26
5.54
0.93
Profit Margin (%)
8.15
12.47
8.13
15.02
11.61
7.23
13.8
16.62
14.79
-2.4
3.7
7.26
9.27
8.17
Working Capital
41
64
125
136
153
144
147
181
407
369
353
334
352
344
LT Debt
- -
- -
- -
- -
- -
- -
- -
2
1
1
2
1
10
9
Total Equity
89
114
179
203
251
260
293
339
585
570
572
577
620
613
Return on Invested Capital (%)
7.09
10.01
3.4
9.51
10.3
6.27
13.82
16.46
10.53
- -
- -
5.72
8.37
6.91
Return on Capital (%)
9.77
15.99
7.84
13.75
10.67
6.53
13.43
16.11
11.49
- -
- -
5.31
7.69
6.99
Return on Common Equity (%)
15.83
24.09
10.3
16.88
11.99
6.95
14.91
17.53
11.83
-1.29
2.24
5.32
7.85
7.1

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7
4
4
LT Borrowings
8
8
8
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
105
105
105
Market Capitalization
1,840
1,915
1,463

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
610
566
589
Cash, Cash Equivalents & STI
210
177
179
Accounts Receivable, Net
223
216
236
Inventories
66
85
93
Total Current Liabilities
258
214
245
Payables & Accruals
- -
- -
- -
ST Debt
7
4
4
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.77%
15.75%
7.42%
Free Cash Flow
99.6%
-71.32%
88.12%
Net Income, GAAP
3.71%
-38.5%
53.71%
Sales/Revenue/Turnover
11.1%
9.66%
20.31%
Total Cash Common Dividend
1.16%
2.6%
-32.83%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
63
107
111
140
420
2025
83
126
- -
155
505
2026
97
138
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
0.1
0.09
0.15
0.29
2025
-0.01
0.16
- -
0.11
0.45
2026
0.02
0.11
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.1
- -
0.05
0.15
2025
- -
0.1
- -
- -
0.1
2026
- -
0.19
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Li Xin Xiong
Full Time Employees
681
Sector
Utilities
Industry
Electric utilities
Address
No. 16, Sanying Road Zibo SD China 255087
IPO Date
Jun 16, 2021
Website
kehui.cn
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Business
Shandong Kehui Power Automation Co., Ltd. (688681:SHH) engages primarily in the research, development, production, and sale of smart grid fault monitoring and automation solutions; switched reluctance motor drive systems; power cable fault test systems; transmission line fault traveling wave location products; distribution network automation equipment; railway power automation systems; and energy storage with smart energy management technologies. The company serves electric utilities, industrial automation sectors, and emerging applications in forging machinery, textile machinery, traction locomotives, mining machines, and construction equipment, with operations spanning China through subsidiaries in Jinan, Qingdao, and Wuhan, as well as international presence via a London, England subsidiary and service centers in over 10 cities including Beijing, Shanghai, Guangzhou, Chengdu, and Fuzhou, extending to more than 30 countries worldwide. Founded in 1991 and headquartered at No. 16 Sanying Road, Fang Town, Zhangdian District, Zibo, Shandong Province, China, the company employs over 600 personnel across 30,000 square meters of facilities and maintains approximately 663 total employees. In recent developments, Shandong Kehui Power Automation completed an equity buyback program in 2025, repurchasing 617,000 shares for CNY 9.34 million, equivalent to 1.05% of its total share capital, following an announcement on April 29, 2025; the company also reported preliminary 2024 net income attributable to shareholders of around CNY 32 million, reflecting a 151.60% year-over-year increase, and continues to explore expansions in switched reluctance motor applications while conducting ongoing share repurchases as of June 30, 2025, acquiring an additional 309,311 shares.