Wiscom System Co., Ltd. Class A

Wiscom System Co., Ltd. Class A

SSZSE:002090
8.93
CNY
+0.15
(+1.71%)
0.18EPS
49.48P/E
3.54BMarket Cap
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
3.03
3.38
3.35
4.73
5.71
4.15
4.99
4.6
4.23
4.02
4.07
4.41
3.9
3.98
Basic EPS, GAAP
0.17
0.31
0.35
0.28
0.38
0.23
0.24
0.16
0.37
0.08
0.15
0.18
0.16
0.18
Free Cash Flow per Basic Share
0.31
-0.06
-1.03
0.27
-0.39
0.12
-0.66
-1.33
0.06
0.21
0.67
0.55
0.31
- -
Dividend per Share
0.11
0.12
0.17
0.18
0.3
0.3
0.23
0.18
0.13
0.04
0.03
0.09
0.07
0.09
Book Value per Share
1.72
2.04
2.73
2.95
2.91
3.05
3.21
3.31
3.1
3.09
3.62
3.75
3.86
3.9
Tangible Book Value per Share
1.54
1.88
2.39
2.6
2.55
2.72
3.05
3.15
2.96
2.95
3.48
3.64
3.76
3.8
Basic Weighted Avg Shares
347
349
370
397
404
404
404
404
388
380
397
402
401
401
Sales/Revenue/Turnover
1,052
1,179
1,241
1,874
2,306
1,676
2,015
1,858
1,641
1,528
1,616
1,773
1,561
1,595
Operating Margin (%)
5.29
6.67
6.57
8.29
9.67
6.92
5.48
7.61
1.82
1.23
2.03
4.82
4.37
5.95
Depreciation Expense
34
32
31
51
57
57
56
48
34
30
28
31
17
- -
Net Income, GAAP
59
107
130
109
153
92
98
65
145
30
60
72
66
72
Effective Tax Rate (%)
8.03
8.54
5.37
4.89
5.72
- -
5.59
- -
5.39
- -
- -
9.5
20.12
15.15
Profit Margin (%)
5.61
9.11
10.5
5.83
6.66
5.49
4.88
3.5
8.84
1.96
3.74
4.08
4.23
4.49
Working Capital
325
496
666
1,189
967
372
409
326
910
851
992
863
974
1,213
LT Debt
27
24
317
831
771
241
158
105
- -
- -
2
2
- -
- -
Total Equity
659
800
1,212
1,357
1,280
1,342
1,360
1,397
1,305
1,261
1,476
1,504
1,544
1,562
Return on Invested Capital (%)
3.09
7.85
6.18
4.06
5.4
- -
3.32
- -
9.43
- -
- -
5.26
4.26
3.93
Return on Capital (%)
7.65
11.08
9.55
5.39
7.86
- -
6.35
- -
7.97
- -
- -
4.78
4.04
4.18
Return on Common Equity (%)
10.28
16.29
14.51
9.65
12.99
7.64
7.77
4.93
11.17
2.4
4.46
4.87
4.33
4.64

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
213
81
363
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
401
401
401
Market Capitalization
4,727
4,246
3,541

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,587
2,435
2,983
Cash, Cash Equivalents & STI
938
854
1,209
Accounts Receivable, Net
625
508
554
Inventories
604
667
677
Total Current Liabilities
1,613
1,434
1,769
Payables & Accruals
- -
- -
- -
ST Debt
213
81
363
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.69%
2.34%
2.7%
Free Cash Flow
-72.93%
65.59%
-44.54%
Net Income, GAAP
11.32%
31.18%
-8.64%
Sales/Revenue/Turnover
4.41%
-3.01%
-11.97%
Total Cash Common Dividend
7.98%
7.32%
-19.09%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
402
307
360
704
1,773
2025
311
344
- -
549
1,561
2026
328
374
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.02
0.02
0.09
0.18
2025
0.04
0.04
- -
0.05
0.16
2026
0.05
0.03
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.06
- -
0.03
0.09
2025
- -
0.04
- -
- -
0.07
2026
- -
0.04
- -
- -
- -

Company Description

CEO
Wei Guo
Full Time Employees
1,173
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
No. 100, Jiangjun Avenue Nanjing JS China 211100
IPO Date
Dec 8, 2006
Business
Wiscom System Co., Ltd. operates extensively across China's smart energy and intelligent urban development sectors. The enterprise focuses on the design, production, and distribution of advanced power automation solutions for generation, transmission, substations, and distribution networks. Its involvement extends to renewable energy initiatives such as wind and solar power, along with biomass, waste heat, and distributed gas turbine thermal generation projects. Additionally, the company provides expert engineering consulting, surveying, and design services for power distribution infrastructure. Beyond energy, the company functions as a system integrator for smart city applications, encompassing intelligent transportation, advanced security protocols, smart heating systems, and integrated building management. It offers comprehensive IT consulting, value-added services, and essential infrastructure, alongside bespoke industry application solutions. In a notable strategic development on July 22, 2025, the controlling stake in the company shifted, with Nanjing Zhide Huiying Technology Partnership and Zhejiang Zhiyong Equity Investment Partnership acquiring a significant share from the previous controlling shareholder, Jiangsu Jinzhi Group Co., Ltd. Nanjing Zhide is poised to become the new controlling entity. Financially, the company reported a trailing twelve-month revenue of $238 million as of September 30, 2025, and an annual revenue of approximately CNY 1.77 billion for the fiscal year 2024. The firm was established in 1995 and maintains its corporate headquarters in Nanjing, China.