SHENZHEN SEA STAR TECHNOLOGY CO., LTD. Class A

SHENZHEN SEA STAR TECHNOLOGY CO., LTD. Class A

SSZSE:002137
7.34
CNY
+0.15
(+2.09%)
-0.04EPS
4.79BMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
2.69
1.43
1.19
0.9
1.4
1.62
1.8
1.32
1.36
1.6
1.11
1.03
1.03
1.02
Basic EPS, GAAP
0.08
-0.43
0.03
0.04
0.26
0.13
-0.64
0.16
0.05
-0.17
0.25
0.02
-0.04
-0.06
Free Cash Flow per Basic Share
0.19
-0.14
-0.01
0.02
0.04
0.17
-0.01
0.06
0.18
0.05
-0.14
-0.11
0.08
- -
Dividend per Share
0.08
0.02
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.27
1.06
1.09
1.76
2.79
2.96
2.41
2.58
2.51
2.35
2.6
2.62
2.57
2.59
Tangible Book Value per Share
1
0.83
0.86
0.49
1.74
1.94
2.1
2.28
2.21
2.29
2.54
2.56
2.51
2.54
Basic Weighted Avg Shares
422
434
459
464
570
576
576
577
577
577
577
578
578
577
Sales/Revenue/Turnover
1,136
619
547
418
799
936
1,036
763
784
921
638
594
595
587
Operating Margin (%)
0.47
-12.31
2.2
3.03
10.42
11.45
3.58
3.45
4.92
2.07
6.25
5.94
5.83
5.81
Depreciation Expense
34
35
20
18
14
7
14
15
12
19
16
16
25
- -
Net Income, GAAP
32
-188
14
18
150
73
-367
94
28
-95
144
10
-23
-32
Effective Tax Rate (%)
11.5
- -
0.66
16.88
15.61
30.95
- -
24.35
- -
- -
8.18
- -
- -
- -
Profit Margin (%)
2.83
-30.32
2.61
4.35
18.77
7.85
-35.41
12.27
3.59
-10.35
22.59
1.76
-3.94
-5.5
Working Capital
154
184
205
10
694
750
750
646
585
608
644
442
321
617
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
5
4
1
6
3
3
Total Equity
551
494
509
911
1,635
1,754
1,438
1,541
1,517
1,405
1,552
1,563
1,545
1,566
Return on Invested Capital (%)
1.98
- -
1.06
2.23
11.45
4.28
- -
7.06
- -
- -
8.3
- -
- -
- -
Return on Capital (%)
5.46
- -
2.88
2.42
11.59
4.16
- -
5.78
- -
- -
9.46
- -
- -
- -
Return on Common Equity (%)
6.03
-36.76
2.9
2.6
11.96
4.42
-23.59
6.5
1.91
-6.79
10.09
0.69
-1.56
-2.13

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
4
4
3
LT Borrowings
2
2
2
LT Finance Leases
- -
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
578
578
578
Market Capitalization
5,192
4,487
4,788

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
693
819
909
Cash, Cash Equivalents & STI
262
243
176
Accounts Receivable, Net
187
176
184
Inventories
139
141
168
Total Current Liabilities
373
284
292
Payables & Accruals
- -
- -
- -
ST Debt
4
4
3
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.58%
0.22%
-1.16%
Free Cash Flow
-81.47%
-90.44%
-173.56%
Net Income, GAAP
-119.97%
-235.39%
-323.81%
Sales/Revenue/Turnover
5.18%
-3.45%
0.07%
Total Cash Common Dividend
73.23%
36.56%
227.94%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
157
160
135
143
595
2025
141
169
185
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
- -
-0.09
-0.04
2025
0.02
- -
0.03
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
0.05
- -
- -

Company Description

CEO
Xin Qiao
Full Time Employees
728
Sector
Electronic technology
Industry
Electronic production equipment
Address
No. 1 Shiyida Jinlong Factory Area Shenzhen GD China 518118
IPO Date
May 30, 2007
Business
Shenzhen Sea Star Technology Co., Ltd. (002137.SZ) is a Shenzhen-based electronics manufacturing services (EMS) provider specializing in the research, development, production, and sales of intelligent hardware and electronic products; its core offerings encompass semiconductor packaging and testing equipment components, new energy-related products including inverters and automotive electronics, LED intelligent lighting terminal products, smart terminal devices such as smart wearables and locks, and SaaS services in advertising, digital marketing, big data risk control, and artificial intelligence technologies. Founded in 1998 and listed on the Shenzhen Stock Exchange in 2007 as China's first EMS-listed company, the firm operates headquarters in Shenzhen's Longgang District with subsidiaries and facilities across Beijing, Shanghai, Wuxi, Malaysia, and other locations, serving original equipment manufacturers (OEMs) in sectors like communications networks, computing, storage, medical devices, defense, aerospace, industrial controls, automotive, and clean technology. In recent developments, the company expanded internationally by establishing a Malaysian subsidiary in 2020, which relocated to a larger 12,000-square-meter facility in October 2023 to enhance production capacity and logistics efficiency; its subsidiaries Shenzhen Sea Star Technology Industrial and Yiming Optoelectronics received high-tech enterprise certifications; and in 2025, it announced plans to transfer 20% equity in Qi Yi Interactive to Chen Man while reporting first-half revenue of 309 million yuan despite profitability challenges.