Suzhou Veichi Electric Co. Ltd. Class A

Suzhou Veichi Electric Co. Ltd. Class A

SSSE:688698
36.51
CNY
-0.07
(-0.19%)
1.11EPS
47.85P/E
11.23BMarket Cap
Oct 30Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.35
2.63
3.33
4.25
4.52
5.05
6.98
7.76
9.18
10.24
Basic EPS, GAAP
0.23
0.26
0.43
0.65
0.7
0.78
1.02
1.16
1.24
1.1
Free Cash Flow per Basic Share
-0.16
0.22
0.49
0.31
-0.06
0.5
-0.95
- -
-0.28
- -
Dividend per Share
0.03
0.21
0.02
0.08
0.12
0.18
0.24
0.42
0.42
0.44
Book Value per Share
1.32
1.51
1.97
4.24
4.81
5.45
9.18
9.9
10.99
11.26
Tangible Book Value per Share
1.25
1.44
1.9
4.19
4.76
5.38
9.07
9.7
10.75
11.03
Basic Weighted Avg Shares
137
136
134
135
181
179
187
211
212
212
Sales/Revenue/Turnover
323
357
446
572
819
906
1,305
1,640
1,946
2,173
Operating Margin (%)
14.6
13.73
15.61
18.48
16.15
15.58
15.29
14.52
14.6
12.47
Depreciation Expense
8
9
10
11
16
19
25
38
46
- -
Net Income, GAAP
32
35
58
88
127
140
191
245
263
233
Effective Tax Rate (%)
6.1
11.94
9.55
10.03
7.57
6.21
5.27
0.84
4.83
2.87
Profit Margin (%)
9.79
9.88
12.9
15.3
15.48
15.44
14.62
14.94
13.5
10.71
Working Capital
121
127
186
662
532
641
841
747
1,356
1,373
LT Debt
35
27
15
1
- -
9
8
4
6
4
Total Equity
179
204
265
763
867
979
1,935
2,114
2,386
2,441
Return on Invested Capital (%)
- -
14.31
20.66
16
14.8
14.41
12.78
11.81
11.11
9.59
Return on Capital (%)
- -
14.86
21.29
16.46
15.43
15.16
13.03
12.02
11.31
9.73
Return on Common Equity (%)
- -
18.45
24.52
17.03
15.56
15.15
13.11
12.18
11.83
10.19

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
177
109
92
LT Borrowings
- -
- -
- -
LT Finance Leases
6
7
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
214
214
214
Market Capitalization
21,140
14,254
11,225

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,699
2,622
2,728
Cash, Cash Equivalents & STI
338
314
269
Accounts Receivable, Net
772
787
867
Inventories
386
505
652
Total Current Liabilities
1,343
1,248
1,355
Payables & Accruals
- -
- -
- -
ST Debt
177
109
92
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
29.26%
12.85%
Free Cash Flow
- -
-1,942.28%
-8,300.14%
Net Income, GAAP
- -
25.44%
7.24%
Sales/Revenue/Turnover
- -
28.43%
18.66%
Total Cash Common Dividend
- -
58.57%
0.9%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
328
443
386
483
1,640
2025
387
510
- -
596
1,946
2026
468
598
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.26
0.38
0.36
0.16
1.16
2025
0.27
0.4
- -
0.18
1.24
2026
0.23
0.29
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.14
0.42
2025
- -
- -
- -
0.09
0.42
2026
- -
0.35
- -
- -
- -

Company Description

CEO
Zhi Yong Hu
Full Time Employees
1,927
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No.1000 of Songjia Road Suzhou JS China 215124
IPO Date
Dec 29, 2020
Website
veichi.com
Business
Suzhou Veichi Electric Co., Ltd. engages primarily in the manufacture and sale of industrial automation products and solutions. Its core offerings include variable frequency drives (VFDs); servo drives and motors; programmable logic controllers (PLCs); human-machine interfaces (HMIs); automation software; and complete control systems. The company serves industries such as manufacturing, energy, transportation, and infrastructure with a focus on providing energy-efficient, intelligent automation technology. Veichi operates predominantly in China and has extended its market reach to other regions through exports. Founded in 2006 and headquartered in Suzhou, Jiangsu Province, China, Veichi Electric continuously enhances its product portfolio and technological capabilities. In the last 1-2 years, the company has notably expanded its strategic partnerships and enhanced its product lines with new advanced automation solutions aimed at energy conservation and smart manufacturing. It has also focused on integrating Industry 4.0 concepts into its offerings. There have been no recent reports of company name changes or major reorganizations, but operationally, Veichi has strengthened its manufacturing automation systems and extended service offerings to include digital transformation services for clients. Veichi Electric functions within the industrial automation and electrical equipment manufacturing sectors, targeting industrial clients requiring robust control and automation equipment. The company leverages its proprietary technology and R&D strengths to maintain competitive advantage in variable frequency drives and servo systems. It is positioned as a significant player in China's automation market with growing international presence through export activities. In summary, Suzhou Veichi Electric Co., Ltd. provides comprehensive automation products including VFDs, servo drives, PLCs, HMIs, and software solutions; has expanded strategic partnerships and product innovations focused on smart manufacturing and energy efficiency; operates primarily in China with exports internationally; was established in 2006 and is headquartered in Suzhou, China.