Accelink Technologies Co., Ltd. Class A

Accelink Technologies Co., Ltd. Class A

SSZSE:002281
128.63
CNY
+1.03
(+0.81%)
1.27EPS
193.52P/E
212.63BMarket Cap
Oct 26Next Earn
Accelink Technologies Co., Ltd. Class A
SZSE:002281
(Shenzhen Stock Exchange)

Recent

price

128.63

P/E

ratio

193.52

div

yld

0.13%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.9
3.78
3.81
3.87
4.28
4.97
6.41
7.22
7.85
8.21
9.06
9.72
10.22
8.13
10.63
15.25
16.76
Revenue per Share
0.26
0.3
0.29
0.3
0.25
0.39
0.45
0.53
0.53
0.55
0.73
0.85
0.9
0.83
0.85
1.21
1.33
Basic EPS, GAAP
-0.17
-0.2
0.11
0.11
0.04
0.02
-0.11
-0.08
-0.07
-0.08
1.02
0.49
0.31
0.51
-1.73
1.03
- -
Free Cash Flow per Basic Share
0.09
0.08
0.09
0.09
0.09
0.17
0.16
0.17
0.17
0.18
0.17
0.18
0.19
0.19
0.25
0.27
0.16
Dividend per Share
2.17
2.87
3.09
2.99
3.89
4.22
4.51
4.92
5.24
6.66
7.2
7.92
8.76
10.62
11.48
12.5
17.46
Book Value per Share
2.09
2.79
3.01
2.91
3.83
4.15
4.36
4.69
4.96
6.29
6.74
7.44
8.24
10.16
10.99
11.99
16.98
Tangible Book Value per Share
482
549
553
551
569
629
633
631
628
650
668
667
676
746
778
782
777
Basic Weighted Avg Shares
914
2,072
2,104
2,133
2,433
3,128
4,059
4,553
4,929
5,338
6,046
6,486
6,912
6,061
8,272
11,929
13,027
Sales/Revenue/Turnover
13.29
6.7
5.77
4.48
6.36
8.6
7.08
9.01
7.71
8.05
9.93
11.1
10.56
10.69
10.46
11.14
11.36
Operating Margin (%)
16
43
62
74
83
89
108
137
156
175
214
279
311
308
310
449
- -
Depreciation Expense
127
163
160
164
144
243
285
334
333
358
487
567
608
619
661
946
1,032
Net Income, GAAP
12.41
11.04
9
9.34
5.11
15.54
13.52
10.83
2.29
8.96
9.13
8.75
10.41
8.56
8.97
9.19
9.09
Effective Tax Rate (%)
13.87
7.85
7.62
7.67
5.92
7.78
7.02
7.34
6.75
6.7
8.06
8.75
8.8
10.21
7.99
7.93
7.92
Profit Margin (%)
797
834
972
1,058
1,770
2,079
2,260
2,204
2,191
3,274
3,732
4,158
3,845
6,257
6,331
6,863
10,706
Working Capital
- -
- -
- -
- -
- -
- -
74
74
81
93
149
596
506
296
430
294
223
LT Debt
1,042
1,378
1,484
1,672
2,377
2,659
2,914
3,170
3,443
4,533
5,011
5,529
6,111
8,429
9,157
10,145
14,499
Total Equity
10.4
10.06
6.31
5.29
5.96
8.55
7.95
10.22
8.98
7.9
9.21
9.95
9.49
7.64
6.87
9.12
8.18
Return on Invested Capital (%)
12.45
12.59
10.69
9.85
7.03
9.54
10.22
10.72
10.33
9.39
10.7
10.06
9.54
8.04
7.25
9.53
8.55
Return on Capital (%)
12.76
13.45
11.2
10.36
7.12
9.67
10.38
11.28
10.26
9.06
10.23
10.74
10.44
8.51
7.54
9.86
8.7
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
119
71
70
LT Borrowings
276
195
195
LT Finance Leases
18
31
28
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
807
807
828
Market Capitalization
56,427
68,003
212,635

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
12,428
14,323
18,632
Cash, Cash Equivalents & STI
4,442
4,186
5,926
Accounts Receivable, Net
1,237
1,285
1,346
Inventories
5,746
7,478
9,070
Total Current Liabilities
5,565
7,285
7,925
Payables & Accruals
- -
- -
- -
ST Debt
119
71
70
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.74%
15.64%
10.79%
Free Cash Flow
-268.77%
-124.4%
-159.54%
Net Income, GAAP
15.3%
15.06%
43.1%
Sales/Revenue/Turnover
15.4%
16.44%
44.2%
Total Cash Common Dividend
7.76%
13.53%
10.59%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,291
1,819
2,268
2,895
8,272
2025
2,222
3,021
- -
3,397
11,929
2026
2,773
3,836
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.17
0.33
0.25
0.85
2025
0.19
0.29
- -
0.3
1.21
2026
0.3
0.45
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.24
- -
0.25
2025
- -
0.16
- -
- -
0.27
2026
- -
- -
- -
- -
- -
Business
Accelink Technologies Co., Ltd. (002281.SZ) is a leading Chinese manufacturer of optical communication components and subsystems. The company produces a wide range of products including thin-film filters, pump lasers, photodiodes, optical amplifiers, passive components such as arrayed waveguide gratings (AWGs) and wavelength division multiplexers (WDMs), active components like tunable lasers and transceivers, and integrated modules for data centers and telecom networks; it also offers services in optical device customization and testing. Accelink serves major global telecom operators, data center providers, and 5G infrastructure developers with its high-performance optical solutions. Founded in 2003 and headquartered in Wuhan, Hubei Province, China, the company operates primarily in Asia with expanding presence in North America and Europe through subsidiaries and partnerships. In recent developments, Accelink announced a strategic partnership with a leading silicon photonics firm in 2024 to co-develop next-generation coherent optics for 800G/1.6T networks, completed a RMB 1.2 billion funding round in early 2025 led by state-backed investors to fuel capacity expansion, and launched its Accelink 800G ZR/ZR+ pluggable optics platform in mid-2025, marking a shift toward high-speed data center interconnects amid surging AI-driven demand.