Changhong Huayi Compressor Co., Ltd. Class A

Changhong Huayi Compressor Co., Ltd. Class A

SSZSE:000404
6.60
CNY
+0.10
(+1.54%)
5.47BMarket Cap
Oct 24Next 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
11.3
11.38
11.14
12.45
12.7
12.81
13.78
15.02
18.96
18.81
18.52
17.19
17
- -
Basic EPS, GAAP
0.27
0.3
0.35
0.45
0.15
0.1
0.04
0.17
0.27
0.38
0.52
0.65
0.71
- -
Free Cash Flow per Basic Share
-0.5
0.76
0.88
- -
-0.53
-0.03
0.91
0.64
1.88
0.91
0.76
0.65
0.95
- -
Dividend per Share
0.04
0.06
0.08
0.14
0.12
0.14
0.11
0.1
0.18
0.28
0.4
0.34
0.38
0.39
Book Value per Share
3.13
3.34
3.64
3.98
4.52
4.59
4.62
4.77
4.93
5.16
5.49
5.91
6.22
6.17
Tangible Book Value per Share
2.86
3.08
3.36
3.71
4.07
3.92
3.99
4.27
4.47
4.72
5.17
5.6
5.91
5.85
Basic Weighted Avg Shares
594
615
615
560
639
696
696
696
696
696
696
696
693
686
Sales/Revenue/Turnover
6,710
7,003
6,856
6,965
8,114
8,911
9,589
10,453
13,199
13,095
12,889
11,967
11,781
- -
Operating Margin (%)
4.71
5.26
4.26
4.04
3.07
2.67
1.36
2.66
1.69
3.37
4.71
5.99
6.29
- -
Depreciation Expense
86
108
132
149
166
186
201
214
199
206
222
188
197
- -
Net Income, GAAP
161
187
218
252
97
72
31
116
185
263
362
450
495
- -
Effective Tax Rate (%)
11.15
11.27
14.81
13.71
14.46
16.2
21.18
15.26
12.97
9.39
8.37
12.35
13.17
- -
Profit Margin (%)
2.4
2.67
3.18
3.62
1.2
0.81
0.32
1.11
1.4
2.01
2.81
3.76
4.2
- -
Working Capital
983
1,055
1,292
1,528
1,739
2,055
2,393
2,188
2,242
1,686
2,496
2,089
2,965
3,282
LT Debt
6
6
6
- -
- -
- -
228
168
110
199
426
104
207
232
Total Equity
2,487
2,697
2,965
3,250
3,963
4,205
4,262
4,416
4,619
4,885
5,194
5,420
5,757
5,801
Return on Invested Capital (%)
9.32
9.56
9.99
9.62
4.02
2.83
1.63
3.1
5.04
6.95
7.83
9.61
9.93
- -
Return on Capital (%)
4.02
3.6
3.66
3.55
0.65
0.83
0.17
1.64
2
2.42
3.63
4.97
5.25
- -
Return on Common Equity (%)
12.36
9.4
10.14
10.77
3.47
2.27
0.96
3.55
5.49
7.48
9.76
11.34
11.72
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,596
1,690
1,483
LT Borrowings
100
110
135
LT Finance Leases
107
98
97
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
696
696
696
Market Capitalization
4,712
4,907
5,471

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
11,438
11,838
12,067
Cash, Cash Equivalents & STI
5,629
5,796
5,622
Accounts Receivable, Net
2,569
2,720
2,942
Inventories
1,414
1,277
1,234
Total Current Liabilities
8,473
8,659
8,785
Payables & Accruals
- -
- -
- -
ST Debt
1,596
1,690
1,483
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.99%
5.45%
6.23%
Free Cash Flow
3,139.79%
31.55%
46.18%
Net Income, GAAP
32.34%
34.71%
9.9%
Sales/Revenue/Turnover
5.97%
3.04%
-1.55%
Total Cash Common Dividend
23.7%
36.5%
11.67%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,341
3,390
2,957
2,280
11,967
2025
3,486
3,142
- -
2,432
11,781
2026
3,031
2,778
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
0.21
0.21
0.11
0.65
2025
0.14
0.23
- -
0.17
0.71
2026
0.17
0.2
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.27
0.02
0.03
0.34
2025
0.02
0.01
- -
0.02
0.38
2026
0.01
0.36
- -
- -
- -

Company Description

CEO
Wen Yi Xiao
Full Time Employees
7,434
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No. 1, Changhong Avenue Jingdezhen JX China 333000
IPO Date
Jun 19, 1996
Website
hua-yi.cn
Business
Changhong Huayi Compressor Co., Ltd. researches, develops, manufactures, and sells compressors primarily for refrigeration and air conditioning applications in China and internationally. The company offers fully enclosed piston compressors for household refrigerators, freezers, supermarket refrigerated display cabinets, water dispensers, ice makers, commercial refrigeration equipment, and other cooling systems; new energy vehicle air conditioning compressors; inverter compressors; DC compressors; and condensing units under brands including Huayi and Cubigel, supporting refrigerants such as R134a, R600a, and R290 with cooling capacities from 30W to 3000W. Founded in 1996 and headquartered in Jingdezhen, Jiangxi Province, China, it operates as a subsidiary controlled by Sichuan Changhong Electric Co., Ltd. and maintains production facilities including a fully operational Mexico plant that completed Phase II expansion in October 2024 to achieve 4 million units annual capacity targeting North and South American markets. Recent developments include a July 2025 share repurchase of 0.21% of its shares for CNY 10.2 million as part of a CNY 300 million program, alongside ongoing growth in its new energy vehicle compressor segment and awards from key customers such as Haier and Hisense.