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Shenzhen Highpower Technology Co., Ltd. Class A

Shenzhen Highpower Technology Co., Ltd. Class A

SSZSE:001283
57.27
CNY
+5.21
(+10.01%)
6.36BMarket Cap
May 04Next Earn
Shenzhen Highpower Technology Co., Ltd. Class A
SZSE:001283
(Shenzhen Stock Exchange)

Recent

price

57.27

P/E

ratio

- -

div

yld

1.04%

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
24.55
19.91
39.33
42.52
40.5
43.06
49.95
54.89
- -
Revenue per Share
1.02
1.45
2.51
3.25
1.84
0.48
0.89
1.9
- -
Basic EPS, GAAP
-0.65
2.02
-1.46
-5.44
-4.32
-10.92
-5.36
0.41
- -
Free Cash Flow per Basic Share
0.13
0.14
3.5
0.18
0.38
0.58
0.89
0.77
0.6
Dividend per Share
6.44
8.4
11.51
14.78
21.64
23.94
22.72
27.02
27.98
Book Value per Share
6.19
8.15
9.74
12.7
20.08
22.46
21.11
25.58
26.31
Tangible Book Value per Share
78
104
67
78
87
105
102
107
120
Basic Weighted Avg Shares
1,915
2,071
2,624
3,318
3,506
4,541
5,108
5,867
- -
Sales/Revenue/Turnover
5.89
10.21
11.76
7.42
6.18
2.42
3.26
6.3
- -
Operating Margin (%)
35
46
58
112
158
200
314
327
- -
Depreciation Expense
80
151
167
254
159
50
91
203
- -
Net Income, GAAP
10.65
16.06
42.41
4.66
- -
- -
- -
4.13
- -
Effective Tax Rate (%)
4.18
7.28
6.38
7.65
4.54
1.11
1.79
3.46
- -
Profit Margin (%)
28
106
85
85
624
776
-100
396
692
Working Capital
- -
15
111
461
446
1,884
2,094
1,450
2,029
LT Debt
503
655
898
1,153
2,251
2,562
2,427
3,510
3,629
Total Equity
- -
19.51
16.24
17.31
- -
- -
- -
4.12
- -
Return on Invested Capital (%)
- -
20.85
17.31
18.99
- -
- -
- -
5.72
- -
Return on Capital (%)
- -
26.06
21.55
24.76
9.35
2.09
3.66
6.84
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
171
180
193
LT Borrowings
1,405
1,470
1,966
LT Finance Leases
45
67
63
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
130
130
130
Market Capitalization
6,996
6,897
6,357

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,868
3,777
4,417
Cash, Cash Equivalents & STI
1,196
1,046
964
Accounts Receivable, Net
1,291
1,228
1,734
Inventories
740
861
1,122
Total Current Liabilities
3,472
3,254
3,724
Payables & Accruals
- -
- -
- -
ST Debt
171
180
193
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
35.37%
44.65%
Free Cash Flow
- -
74.14%
-107.95%
Net Income, GAAP
- -
30%
122.54%
Sales/Revenue/Turnover
- -
17.8%
14.84%
Total Cash Common Dividend
- -
33.5%
-9.19%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
994
1,322
1,468
1,325
5,108
2025
1,225
1,538
- -
1,475
5,867
2026
1,353
1,831
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.23
0.5
0.13
0.89
2025
0.31
0.67
- -
0.23
1.9
2026
0.32
0.64
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.49
0.14
0.14
0.89
2025
0.12
0.49
- -
0.09
0.77
2026
0.09
0.38
- -
- -
- -
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Business
Shenzhen Highpower Technology Co., Ltd. engages in the research, design, development, manufacture, and sale of lithium-ion and nickel-metal hydride batteries and energy storage systems. Its product portfolio includes lithium-ion batteries, nickel-metal hydride batteries, battery solutions, energy storage systems, and battery recycling and re-utilization services. The company's batteries are used in applications such as smart wearable devices, Bluetooth speakers, personal care and backup power products, tablet PCs/laptops, smartphones, handheld devices, smart security equipment, consumer electronics, wireless communication products, lighting, smart medical devices, robotic cleaners, garden tools, and light electric vehicles (LEVs). Shenzhen Highpower Technology also offers customized battery packs, lithium battery cells, battery chargers, solar panels, and battery management systems. The company operates primarily in China and serves international markets through its export-oriented business. Founded in 2002 and headquartered in Shenzhen, China, Shenzhen Highpower Technology is a subsidiary of Hong Kong Highpower Technology Company Limited. Recent developments include the advancement of semi-solid-state battery technology, with products sent for evaluation by leading international wearable device clients. The company focuses R&D efforts on all-solid-state batteries, aiming for trial production in 2026 to support next-generation AI and terminal brand products. It has also enhanced its capabilities in battery communication and smart features such as CAN, RS485, RS232 interfaces, Bluetooth apps, and heating systems. Shenzhen Highpower Technology reported 2024 revenue of approximately 5.1 billion CNY, reflecting ongoing growth despite some financial challenges such as increased debt levels. The company’s strategic emphasis on innovative battery technologies, energy storage solutions, and recycling services positions it well within the new energy and consumer electronics industries, supporting applications across consumer, industrial, and energy sectors globally. Its product offering spans diverse segments including electric vehicles, renewable energy storage, and portable power solutions, reflecting a broad and integrated battery technology platform. Shenzhen Highpower Technology continues to leverage partnerships and innovation to expand its market reach and technology leadership in the lithium battery industry.