Suzhou Recodeal Interconnect System Co., Ltd. Class A

Suzhou Recodeal Interconnect System Co., Ltd. Class A

SSSE:688800
44.50
CNY
+1.10
(+2.53%)
27.60BMarket Cap
Oct 28Next Earn
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
0.78
1.04
1.09
1.64
2.04
2.18
2.47
2.96
3.82
5.83
5.37
8.36
10.99
- -
Basic EPS, GAAP
0.06
0.11
0.21
0.22
0.26
0.18
0.2
0.36
0.48
0.91
0.47
0.61
1.04
- -
Free Cash Flow per Basic Share
-0.03
0.02
-0.13
-0.36
-0.05
0.05
-0.01
0.35
-0.1
-0.43
-1.11
-0.81
-0.31
- -
Dividend per Share
- -
- -
- -
- -
0.07
0.01
0.05
0.09
0.01
0.13
0.22
0.11
0.27
0.23
Book Value per Share
0.39
0.51
0.99
1.76
1.96
2.14
2.31
2.59
3.62
6.55
6.74
7.27
8.6
8.76
Tangible Book Value per Share
0.34
0.46
0.89
1.66
1.86
2
2.25
2.54
3.44
6.36
6.33
6.87
8.14
8.31
Basic Weighted Avg Shares
151
167
174
187
206
206
206
206
236
279
290
289
287
286
Sales/Revenue/Turnover
118
173
190
308
420
450
508
610
902
1,625
1,555
2,415
3,151
- -
Operating Margin (%)
9.75
13.64
19.81
16.38
15.14
11.9
14.23
16.77
14.64
18.12
9.88
10.11
12.49
- -
Depreciation Expense
3
3
5
14
17
20
23
24
26
33
56
88
110
- -
Net Income, GAAP
9
19
37
42
53
38
42
74
114
253
137
175
299
- -
Effective Tax Rate (%)
21.78
13.39
15.34
12.78
12.76
11.46
13.62
13.18
10.26
10.24
5.38
10.84
10.56
- -
Profit Margin (%)
7.55
10.99
19.39
13.61
12.5
8.45
8.27
12.06
12.63
15.55
8.8
7.26
9.49
- -
Working Capital
54
64
68
217
242
265
311
336
743
1,411
1,062
1,085
2,301
2,196
LT Debt
- -
- -
- -
- -
16
12
8
2
1
- -
82
188
1,300
1,209
Total Equity
80
105
205
367
406
442
474
534
998
1,891
1,974
2,132
2,515
2,543
Return on Invested Capital (%)
10.67
19.27
19.69
12.11
11.4
7.22
7.63
13.71
14.89
17.43
6.34
6.9
8.53
- -
Return on Capital (%)
11.13
20.07
23.06
13.13
12.42
8.72
8.98
13.62
14.48
17.05
6.66
7.2
8.88
- -
Return on Common Equity (%)
11.88
20.65
23.86
14.73
13.69
8.98
9.15
14.58
14.87
17.52
7.14
8.68
13.08
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
587
580
734
LT Borrowings
1,258
1,391
1,168
LT Finance Leases
42
40
40
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
288
288
288
Market Capitalization
17,071
16,512
27,599

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,301
4,290
4,366
Cash, Cash Equivalents & STI
2,040
2,137
2,192
Accounts Receivable, Net
905
885
874
Inventories
584
506
530
Total Current Liabilities
2,000
1,852
2,170
Payables & Accruals
- -
- -
- -
ST Debt
587
580
734
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
32.55%
41.34%
18%
Free Cash Flow
-308.43%
68.65%
-61.55%
Net Income, GAAP
32.65%
45.89%
70.63%
Sales/Revenue/Turnover
34.78%
41.89%
30.5%
Total Cash Common Dividend
353.63%
348.64%
147.09%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
462
496
631
825
2,415
2025
761
763
- -
830
3,151
2026
752
796
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
0.08
0.14
0.24
0.61
2025
0.26
0.28
- -
0.23
1.04
2026
0.21
0.18
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.1
0.03
-0.03
0.11
2025
0.03
0.23
- -
-0.03
0.27
2026
0.02
0.24
- -
- -
- -

Company Description

CEO
Jie Zhang
Full Time Employees
2,380
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
No. 998, Songjia Road Suzhou JS China 215124
IPO Date
Jul 22, 2021
Business
Suzhou Recodeal Interconnect System Co.,Ltd develops, produces, and sells advanced connection systems, microwave components, and related products globally. The company's core offerings include energy vehicle connection systems, communication interconnection solutions, industrial system solutions, vehicle communication connectors, BUSBAR copper bar systems, cable assemblies, and wiring harness products. These products serve multiple industries, including data communication, new energy vehicles, industrial control, medical equipment, and rail transportation. Founded in 2006 and headquartered in Suzhou, China, Suzhou Recodeal operates with a focus on high-performance connectivity and interconnect solutions, including automotive differential connector systems with high transmission rates and specialized components for base stations and AAUs. Recently, Suzhou Recodeal has broadened its product portfolio with increased investment in the humanoid robot sector, supplying products in small batches and planning further development in this emerging field. The company continues strengthening its automotive segment with HV connectors, LV connectors, battery swap connectors, charging inlets, and comprehensive vehicle wiring harness systems aimed at supporting electric vehicle functionalities and safety. Strategic advances include leveraging automated production lines and advanced design teams to maintain high reliability, mechanical and electrical performance, and competitive pricing. Suzhou Recodeal also actively participates in new energy vehicle infrastructure and internal power and signal transmission solutions to reinforce its market presence across China and international markets. The company maintains a robust growth trajectory with notable increases in quarterly earnings and expanding its operational capacities to meet the rising demand for connectivity products in fast-growing sectors like telecommunications, automotive, and industrial control. Suzhou Recodeal holds memberships in key industry associations and positions itself as a national high-tech enterprise under state programs supporting innovation and industry standards development. Its comprehensive product and service offerings alongside strategic sector investments highlight the company's commitment to advancing connectivity technology solutions in contemporary and future markets.