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Unisplendour Co., Ltd. Class A

Unisplendour Co., Ltd. Class A

SSZSE:000938
25.98
CNY
+0.73
(+2.89%)
1.35EPS
26.28P/E
82.54BMarket Cap
Oct 30Next Earn
Unisplendour Co., Ltd. Class A
SZSE:000938
(Shenzhen Stock Exchange)

Recent

price

25.98

P/E

ratio

26.28

div

yld

1.47%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
7.69
9.41
11.56
15.07
19.72
23.6
13.22
13.67
16.9
18.93
21.02
23.65
25.88
27.03
27.63
33.83
38.31
Revenue per Share
0.06
0.08
0.13
0.18
0.22
0.27
0.39
0.55
0.6
0.65
0.63
0.75
0.75
0.74
0.55
0.59
1.1
Basic EPS, GAAP
0.18
0.13
-0.3
0.16
0.16
0.13
0.53
-0.67
1.09
-0.07
1.23
-0.95
1.24
-0.98
0.67
1
- -
Free Cash Flow per Basic Share
0.09
0.09
0.08
0.11
0.14
0.16
0.03
0.07
0.14
0.19
0.19
0.15
0.16
0.06
0.32
0.33
0.38
Dividend per Share
1.4
1.42
1.67
1.81
3.15
4.22
8.32
8.81
9.29
9.85
9.88
10.48
11.13
11.87
4.66
5.16
6.25
Book Value per Share
1.26
1.31
1.57
1.66
2.96
4.02
2.11
2.61
3.11
3.71
3.6
4.2
4.95
5.54
-1.64
-1.11
- -
Tangible Book Value per Share
566
565
565
565
565
566
2,095
2,859
2,860
2,858
2,858
2,860
2,862
2,860
2,860
2,860
2,860
Basic Weighted Avg Shares
4,356
5,315
6,534
8,520
11,145
13,350
27,710
39,072
48,338
54,099
60,084
67,638
74,058
77,308
79,024
96,748
109,578
Sales/Revenue/Turnover
1.11
1.71
2.03
2.45
2.26
1.9
2.01
8.06
7.92
7.75
6.61
6.62
7.55
6.62
5.07
4.49
5.55
Operating Margin (%)
17
25
14
16
19
22
151
232
296
318
517
894
959
952
877
864
- -
Depreciation Expense
33
43
72
101
126
152
815
1,565
1,706
1,843
1,812
2,148
2,158
2,103
1,572
1,686
3,141
Net Income, GAAP
20.59
20.34
23.18
21.2
22.62
24.19
- -
12.45
8.27
14.86
15.24
9.19
11.34
2.01
10.99
8.57
11.21
Effective Tax Rate (%)
0.76
0.81
1.11
1.18
1.13
1.14
2.94
4.01
3.53
3.41
3.02
3.18
2.91
2.72
1.99
1.74
2.87
Profit Margin (%)
62
115
355
403
529
643
7,112
8,421
10,493
10,538
11,750
15,150
17,390
24,315
6,115
6,012
13,377
Working Capital
67
55
43
30
18
- -
23
256
734
324
608
546
1,227
6,155
12,017
10,944
10,702
LT Debt
882
891
1,178
1,296
2,098
2,688
27,090
28,929
30,508
32,360
33,066
35,668
37,828
40,043
16,115
17,483
19,872
Total Equity
2.92
4.22
7.16
9.44
8.19
7.24
- -
8.35
8.62
8.3
7.9
9.38
8.57
7.37
3.85
4.4
7.6
Return on Invested Capital (%)
4.71
6.52
6.8
7.26
6.93
5.81
- -
2.02
1.87
2.3
2.19
1.86
2.01
1.71
3.85
4.91
6.95
Return on Capital (%)
4.17
5.4
8.28
10.27
8.99
7.31
6.22
6.39
6.59
6.73
6.42
7.38
6.98
6.39
6.65
12.01
19.91
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
20,621
24,547
18,403
LT Borrowings
10,218
10,214
9,993
LT Finance Leases
726
691
710
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,860
2,860
2,860
Market Capitalization
70,358
71,216
82,542

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
72,199
78,997
84,928
Cash, Cash Equivalents & STI
9,082
9,312
7,172
Accounts Receivable, Net
12,663
14,622
19,775
Inventories
43,568
45,306
51,056
Total Current Liabilities
66,187
72,294
71,552
Payables & Accruals
- -
- -
- -
ST Debt
20,621
24,547
18,403
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
89.68%
-6.29%
8.5%
Free Cash Flow
-188.57%
-140.84%
50.67%
Net Income, GAAP
54.14%
-0.32%
7.19%
Sales/Revenue/Turnover
24.64%
10.22%
22.43%
Total Cash Common Dividend
67.27%
70.86%
4.26%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17,006
20,945
20,889
20,185
79,024
2025
20,790
26,635
- -
19,427
96,748
2026
27,985
35,531
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
0.21
0.2
- -
0.55
2025
0.12
0.24
- -
0.1
0.59
2026
0.28
0.48
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.17
0.04
0.09
0.32
2025
0.06
0.14
- -
0.06
0.33
2026
0.06
0.12
- -
- -
- -
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Business
Unisplendour Corporation Limited (000938.SZ) engages primarily in providing full-stack information and communications technology (ICT) infrastructure and digital solutions, including network equipment, servers, storage systems, security products, cloud computing services, and smart terminals. The company operates through segments such as Digital Business, Distribution Business, and Others, offering products like switches, routers, WLAN, IoT devices, SDN, PON, intelligent management and operation services; general computing servers, AI computing servers, elastic servers, critical business servers, edge computing servers; enterprise-grade all-flash storage, hybrid flash storage, distributed storage, data backup and protection, storage network devices; cloud operating systems, virtualization platforms, hyperconverged products, desktop clouds, big data platforms, databases; perimeter security including firewalls, video gateways, anti-DDoS, application security, data security, password security, industrial control security, terminal security, security management, cloud security; and commercial laptops, desktops, smart cloud screens. Founded in 1999 and headquartered in Beijing, China, at Tsinghua University Ziguang Building in Haidian District, Unisplendour serves industries including government, operators, internet, finance, education, medical care, agriculture, transportation, energy, and manufacturing, with primary operations in China and international reach. In recent developments, a wholly-owned subsidiary completed a USD 2.1 billion acquisition of an additional 30% stake in H3C from Hewlett Packard Enterprise subsidiaries in 2024, increasing Unisplendour's ownership to 81% and strengthening its position in cloud computing, big data, AI, information security, and intelligent connectivity. The company continues to advance offerings in intelligent connectivity, smart computing, storage, proactive security, cloud intelligence, deterministic networks, privacy computing, and computing power networks, positioning itself as a key player in China's digital transformation infrastructure.