Beijing Victory Electric Co.,Ltd. Class A

Beijing Victory Electric Co.,Ltd. Class A

SSZSE:001393
36.64
CNY
+1.10
(+3.10%)
1.38EPS
36.47P/E
13.38BMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.68
9.47
12.79
16.71
16.74
Basic EPS, GAAP
0.61
1.04
1.45
1.61
1.47
Free Cash Flow per Basic Share
0.21
0.42
-0.27
-0.57
- -
Dividend per Share
0.02
0.18
0.01
0.04
0.01
Book Value per Share
5.25
6.62
8.11
9.8
14.85
Tangible Book Value per Share
5.21
6.57
7.91
9.47
14.61
Basic Weighted Avg Shares
187
179
187
187
203
Sales/Revenue/Turnover
1,437
1,699
2,390
3,126
3,392
Operating Margin (%)
10.23
13.27
14.76
11.98
-24.83
Depreciation Expense
28
33
44
67
- -
Net Income, GAAP
114
187
271
301
298
Effective Tax Rate (%)
4.71
9.73
11.23
11.99
5.19
Profit Margin (%)
7.93
10.99
11.34
9.63
8.79
Working Capital
765
936
1,054
1,194
2,973
LT Debt
17
32
31
139
149
Total Equity
984
1,240
1,517
1,832
3,702
Return on Invested Capital (%)
- -
16.43
19.68
16.93
10.61
Return on Capital (%)
- -
15.69
18.25
16.08
9.79
Return on Common Equity (%)
- -
16.81
19.67
17.99
11.11

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
168
146
165
LT Borrowings
120
137
128
LT Finance Leases
19
25
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
187
187
249
Market Capitalization
- -
- -
13,379

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,283
2,202
4,062
Cash, Cash Equivalents & STI
337
243
1,928
Accounts Receivable, Net
1,056
913
1,127
Inventories
405
527
565
Total Current Liabilities
1,089
933
1,089
Payables & Accruals
- -
- -
- -
ST Debt
168
146
165
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
20.78%
Free Cash Flow
- -
- -
108.64%
Net Income, GAAP
- -
- -
11.14%
Sales/Revenue/Turnover
- -
- -
30.78%
Total Cash Common Dividend
- -
- -
467.39%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
656
724
2,390
2025
603
807
802
914
3,126
2026
667
1,008
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.4
1.45
2025
0.29
0.45
0.41
0.45
1.61
2026
0.26
0.35
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
0.01
0.01
- -
- -
0.04
2026
0.01
0.01
- -
- -
- -

Company Description

CEO
Hao Yun Huang
Full Time Employees
2,851
Sector
Producer manufacturing
Industry
Electrical products
Address
No. 8 Jufu South Road Beijing China 101105
IPO Date
May 15, 2026
Website
vtle.com
Business
Beijing Victory Electric Co., Ltd. Class A (001393.SZ) is a China-based electrical equipment manufacturer and supplier specializing in the design, production, and distribution of electrical power equipment and related systems for utility, industrial, and civilian applications. The company focuses on the development, manufacture, and sale of high-, medium-, and low-voltage electrical products and integrated power solutions, including transformers, switchgear, cables, circuit breakers, and associated ancillary services. Main products and services: high-voltage and medium-voltage switchgear and transformers; low-voltage equipment and distribution boards; power cables and conductors; electrical automation systems and control equipment; smart grid and energy management solutions; after-sales service, maintenance, and technical support; project design, engineering, procurement, and construction (EPC) services; system integration for industrial and utility scale projects. Latest major company changes: ongoing expansion through strategic partnerships and joint ventures to enhance product breadth and technology capabilities; recent participation in acquisitions and collaborations to broaden regional footprint and service offerings; launches of new high-efficiency and eco-friendly electrical equipment lines; organizational realignments to strengthen regional sales and after-sales networks; significant ongoing investments in manufacturing capacity expansion and digitalization to improve production efficiency and supply chain resilience. Industry and business segments: electrical equipment manufacturing; power grid solutions; industrial automation and control; energy efficiency and smart grid services; project engineering and EPC services; after-sales and technical support. Target markets and customers: utilities, power generation and transmission entities, industrial facilities, construction and infrastructure developers, and commercial and residential developers requiring reliable electrical infrastructure and intelligent energy management solutions. Geographic operations: primary operations in China with growing deployment in select international markets through partnerships and distributors; serving customers across multiple provinces and key regional hubs. Founding year and headquarters: founded in the late 20th century; headquarters in Beijing, China. Subsidiaries and parent relationships: operates as a standalone corporate entity within its group, with affiliated manufacturing facilities and regional sales subsidiaries to support national and regional demand; maintains strategic alliances with component suppliers and technology developers to enhance product capabilities.