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Shenzhen Coship Electronics Co., Ltd. Class A

Shenzhen Coship Electronics Co., Ltd. Class A

SSZSE:002052
7.00
CNY
+0.06
(+0.86%)
0.05EPS
151.31P/E
5.85BMarket Cap
Shenzhen Coship Electronics Co., Ltd. Class A
SZSE:002052
(Shenzhen Stock Exchange)

Recent

price

7.00

P/E

ratio

151.31

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
3.36
3.14
3.13
2.86
2.34
1.39
0.75
1.01
1.07
1.05
0.39
0.19
0.32
0.31
0.78
0.92
0.51
Revenue per Share
-0.19
0.04
0.2
0.05
-0.57
-0.06
-0.76
0.01
-0.47
-0.27
-0.21
-0.25
-0.06
-0.1
0.09
0.24
0.05
Basic EPS, GAAP
-0.25
-0.14
0.12
-0.16
0.37
0.23
0.3
-0.24
-0.01
-0.06
-0.02
-0.09
-0.04
-0.06
0.43
-0.02
- -
Free Cash Flow per Basic Share
0.08
0.09
0.12
0.14
0.11
0.07
0.04
0.03
0.03
0.03
- -
- -
0.01
- -
- -
- -
- -
Dividend per Share
1.61
1.65
1.85
1.85
1.27
2
1.23
1.24
0.77
0.51
0.31
0.05
0.11
0.01
0.12
0.37
0.37
Book Value per Share
1.48
1.52
1.68
1.74
1.15
1.94
1.19
1.21
0.74
0.48
0.28
0.02
0.1
- -
0.11
0.36
0.36
Tangible Book Value per Share
685
641
673
683
685
710
748
665
744
746
746
743
793
747
773
751
751
Basic Weighted Avg Shares
2,301
2,014
2,106
1,956
1,602
986
563
673
795
782
288
139
255
235
599
691
382
Sales/Revenue/Turnover
-1.89
2.9
9.04
3.66
-15.66
-2.88
-48.2
-4.04
-22.37
-14.02
-35.72
-79.52
-21.35
-32.89
23.24
32.91
19.16
Operating Margin (%)
56
57
58
51
52
52
49
32
26
21
20
22
24
21
24
20
- -
Depreciation Expense
-130
22
135
34
-390
-43
-569
7
-350
-203
-154
-186
-48
-75
70
180
39
Net Income, GAAP
- -
17.95
- -
24.62
- -
- -
- -
1.76
- -
- -
- -
- -
- -
- -
2.33
0.28
- -
Effective Tax Rate (%)
-5.65
1.11
6.39
1.75
-24.38
-4.32
-100.92
0.99
-44.01
-25.98
-53.3
-133.38
-18.67
-31.86
11.61
26.08
10.11
Profit Margin (%)
567
496
380
424
-42
537
429
497
208
44
-64
-196
-38
-137
-41
174
175
Working Capital
243
165
47
13
- -
- -
- -
- -
- -
- -
- -
18
7
15
8
2
4
LT Debt
1,103
1,127
1,263
1,263
870
1,488
917
925
576
378
231
40
76
-6
50
234
239
Total Equity
- -
-1.29
- -
0.56
- -
- -
- -
-1.51
- -
- -
- -
- -
- -
- -
- -
643.8
19.5
Return on Invested Capital (%)
- -
3.81
- -
3.46
- -
- -
- -
2.18
- -
- -
- -
- -
- -
- -
208.89
118.98
19.11
Return on Capital (%)
-11.07
2.01
11.27
2.7
-36.6
-3.61
-47.29
0.72
-46.61
-42.58
-50.49
-136.73
-76.4
-161.76
145.74
99.16
15.64
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9
10
10
LT Borrowings
- -
- -
- -
LT Finance Leases
2
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
752
752
752
Market Capitalization
9,594
7,818
5,846

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
470
483
487
Cash, Cash Equivalents & STI
319
299
242
Accounts Receivable, Net
49
64
110
Inventories
21
35
47
Total Current Liabilities
295
305
312
Payables & Accruals
- -
- -
- -
ST Debt
9
10
10
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-75.83%
-121.96%
367.09%
Free Cash Flow
24.88%
-105.54%
-103.73%
Net Income, GAAP
-432.15%
-6.14%
158.9%
Sales/Revenue/Turnover
12.41%
38.82%
15.27%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
41
35
161
362
599
2025
314
226
- -
34
691
2026
54
68
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.04
0.03
0.11
0.09
2025
0.17
0.1
- -
-0.07
0.24
2026
0.01
0.01
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Shenzhen Coship Electronics Co., Ltd. engages primarily in the research, development, manufacture, and sale of smart home products, solutions, and services worldwide, with a focus on digital television and emerging Internet of Things (IoT) ecosystems. Founded in 1994 and listed on the Shenzhen Stock Exchange in 2006 (ticker: 002052.SZ), the company is headquartered in Shenzhen, China, and operates extensively in domestic markets covering 15 provinces and over 100 million TV users, as well as international regions including Europe, the Middle East, Southeast Asia, North America, South America, Australia, and North Africa. Its core products and services encompass terminal products such as ultra-HD (4K) set-top boxes, HEVC HD STB series, H.264 SD and HD STBs, IPTV HD STBs, Android OTT boxes, HDMI dongles, hybrid OTT+IPTV/Terrestrial/Cable/Satellite boxes, digital cable set-top boxes, and smart terminals; middleware products including MOUI management systems, message engines, and terminal software upgrade systems; smart platform products like big-data platforms, interactive live broadcast platforms, VR/panorama solutions, advertising systems, monitoring platforms, and terminal network management systems; broadband products such as VDSL integrated access devices, EoC coaxial Ethernet systems, cable modems, and wireless residential gateways; energy products comprising high-power power supplies, 18650 lithium batteries, polymer soft-pack batteries, lead-acid to lithium battery packs, backup power supplies, household energy storage, electric bicycle batteries, and new energy vehicle power exchange solutions; and IoT platforms for smart communities, cities, buildings, campuses, warehousing, security, access control, fire/elevator/building control, environmental/energy monitoring, parking, and emergency management. The company also provides overall solutions for radio and television, including front-end systems, core software, satellite receivers, and customized smart integrated TVs under brands like Intercontinental Electronic and Philips in cooperation with operators. Recent major developments include plans to acquire two companies for a nominal fee of 1 yuan each to expand capabilities, alongside a shift toward profitability with strong shareholder returns exceeding 128% over the past year and expansions into energy storage and IoT amid business model innovations; earlier transactions involved selling stakes in non-core tech firms, while ongoing R&D investments support standards leadership in China's NGB and TVOS committees.