Zhejiang Dahua Technology Co. Ltd. Class A

Zhejiang Dahua Technology Co. Ltd. Class A

SSZSE:002236
15.11
CNY
+0.46
(+3.14%)
1.39EPS
11.93P/E
53.91BMarket Cap
Apr 19Next Earn
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
1.91
2.59
3.52
4.6
6.5
8.14
9.02
9.09
11.18
10.39
10.11
9.97
10.02
10.83
Basic EPS, GAAP
0.4
0.4
0.48
0.63
0.82
0.87
1.1
1.34
1.15
0.79
2.31
0.9
1.18
1.38
Free Cash Flow per Basic Share
0.07
-0.05
-0.06
-0.03
0.22
0.14
0.37
1.29
0.17
-0.08
0.99
0.56
0.99
- -
Dividend per Share
0.04
0.04
0.04
0.09
0.12
0.24
0.14
0.15
0.3
0.31
0.59
0.58
0.64
1.01
Book Value per Share
1.45
1.78
2.24
2.84
3.61
4.21
5.2
6.6
7.88
8.52
10.54
10.93
11.49
11.96
Tangible Book Value per Share
1.44
1.77
2.2
2.77
3.5
4.05
5.05
6.45
7.67
8.33
10.36
10.75
11.32
11.79
Basic Weighted Avg Shares
2,827
2,828
2,859
2,897
2,901
2,907
2,898
2,913
2,938
2,942
3,187
3,229
3,269
3,275
Sales/Revenue/Turnover
5,410
7,332
10,078
13,329
18,844
23,666
26,149
26,466
32,835
30,565
32,218
32,181
32,744
35,460
Operating Margin (%)
18.55
13.32
12.85
11.04
16.31
12.9
15.33
15.49
13.86
7.31
11.46
8.59
10.46
13.69
Depreciation Expense
46
79
91
118
162
230
279
309
465
682
750
795
810
- -
Net Income, GAAP
1,131
1,143
1,372
1,825
2,379
2,529
3,188
3,903
3,378
2,324
7,362
2,906
3,858
4,528
Effective Tax Rate (%)
- -
8.67
12.49
10.05
10.05
6.44
9.65
7.38
1.67
1.11
7.96
2.35
11.01
12.79
Profit Margin (%)
20.9
15.59
13.62
13.69
12.62
10.69
12.19
14.75
10.29
7.6
22.85
9.03
11.78
12.77
Working Capital
3,346
4,380
5,181
6,268
7,640
8,712
10,431
14,381
16,093
15,923
24,752
22,355
20,822
25,170
LT Debt
- -
- -
- -
53
230
179
154
964
1,693
650
177
114
165
170
Total Equity
4,174
5,211
6,566
8,426
10,593
12,898
15,976
20,204
24,170
26,218
35,884
37,174
38,474
39,980
Return on Invested Capital (%)
- -
17.93
17.11
15.79
21.89
18.86
20.81
21.6
14.92
8.66
23.79
8.13
10.79
11.08
Return on Capital (%)
- -
23.85
21.9
22.69
22.21
18.67
21.17
20.6
14.13
8.86
21.71
7.7
9.84
11.06
Return on Common Equity (%)
35.84
24.39
23.47
24.78
25.44
21.92
22.57
22.04
15.57
9.4
24.31
8.21
10.46
11.94

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
451
761
2,529
LT Borrowings
- -
- -
- -
LT Finance Leases
165
160
170
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,287
3,287
3,269
Market Capitalization
62,251
55,382
53,910

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
34,255
34,509
40,149
Cash, Cash Equivalents & STI
8,965
7,916
7,557
Accounts Receivable, Net
15,474
14,150
14,955
Inventories
6,090
7,542
8,568
Total Current Liabilities
13,433
12,224
14,979
Payables & Accruals
- -
- -
- -
ST Debt
451
761
2,529
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.82%
14.41%
3.5%
Free Cash Flow
-203.44%
-320.42%
79.43%
Net Income, GAAP
26.25%
28.87%
32.77%
Sales/Revenue/Turnover
13.51%
4.84%
1.75%
Total Cash Common Dividend
44.02%
43.41%
11.4%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,181
8,686
7,583
9,731
32,181
2025
6,256
8,925
- -
9,831
32,744
2026
6,902
9,801
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
0.39
0.23
0.11
0.9
2025
0.2
0.56
- -
0.1
1.18
2026
0.21
0.52
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.38
0.19
- -
0.58
2025
- -
0.46
- -
0.19
0.64
2026
- -
0.37
- -
- -
- -

Company Description

CEO
Yu Ning Zhao
Full Time Employees
22,131
Sector
Electronic technology
Industry
Telecommunications equipment
Address
No. 1199, Bin'an Road Hangzhou ZH China 310053
IPO Date
May 21, 2008
Business
Zhejiang Dahua Technology Co., Ltd. (002236.SZ) provides video-centric AIoT solutions and services worldwide. The company offers network cameras, high definition composite video interface (HDCVI) cameras, PTZ cameras, thermal cameras; network video recorders (NVR), HDCVI recorders (HCVR); video intercom systems including IP, Wi-Fi, 2-wire, 4-wire, and analog products; access control solutions such as controllers, modules, turnstiles, biometric devices, AI-based time attendance; alarm systems for intrusion, fire, and environmental monitoring; face recognition, vehicle analysis, event detection, and structuring servers; security screening equipment; IP storage products; drones; memory cards, SSDs, USB flash drives, external storage; camera accessories, power supplies, cabling, audio solutions, detectors; video management software (VMS), display and control systems; and specialized series like WizMind for deep learning AI applications in government, retail, energy, finance, and transportation, WizSense for intelligent surveillance, as well as products under new lines including iRAYPLE, Pixfra, Waythcan, Wisualarm, and Dahua Memory. Dahua serves industries such as transportation, manufacturing, education, retail, banking and finance, critical infrastructure, energy, healthcare, and environmental protection, with solutions tailored for smart cities, smart buildings, smart enterprises, and public safety. Founded in 2001 and headquartered in Hangzhou, China, the company operates through 69 subsidiaries, branches, and representative offices globally, plus over 200 offices in China, reaching more than 180 countries and regions. In recent developments, Dahua established a joint venture with Alat, named Alat AIVisio Technology Co. Ltd., in 2024 to build its first overseas manufacturing facility in Saudi Arabia with a USD 200 million investment, focusing on AIoT products for urban infrastructure and commercial areas to support sustainable development and Saudi Vision 2030. The company acquired 25% equity in Zhejiang Dahua Investment Management Co., Ltd. from Zhejiang Huashi Investment in January 2024 and opened a regional showroom hub in Budapest, Hungary, in November 2025 for Central Eastern Europe, Nordic, and Türkiye markets. Additionally, Dahua launched upgrades to WizSense technology, introduced Xinghan Large-scale AI Models for smart city solutions in urban safety, mobility, governance, and ecological protection, expanded in North America with a new warehouse and customer service center in Ontario, Canada, announced $50 million R&D investment for AI-driven security, and showcased innovations like Full-colour, WizColor, AcuPick, and DoLynk Cloud at events including Smart City Expo World Congress 2025.