Edifier Technology Co., Ltd. Class A

Edifier Technology Co., Ltd. Class A

SSZSE:002351
10.87
CNY
+0.47
(+4.52%)
0.53EPS
18.36P/E
8.08BMarket Cap
Oct 26Next 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
0.83
0.76
0.74
0.84
1.03
0.99
1.42
2.17
2.56
2.51
3.02
3.34
3.12
3.04
Basic EPS, GAAP
0.1
0.1
0.11
0.1
0.13
0.06
0.14
0.31
0.35
0.28
0.47
0.51
0.48
0.5
Free Cash Flow per Basic Share
0.63
0.03
-0.04
-0.14
-0.1
0.01
-0.01
0.25
0.25
0.43
0.56
0.49
0.43
- -
Dividend per Share
0.07
0.06
0.07
0.07
0.1
0.07
0.07
0.1
0.2
0.18
0.2
0.2
0.25
0.45
Book Value per Share
1.85
1.89
1.94
1.98
2
2
2.1
2.31
2.47
2.59
2.86
3.13
3.35
3.37
Tangible Book Value per Share
1.79
1.82
1.85
1.89
1.92
1.92
2.03
2.24
2.4
2.53
2.8
3.08
3.3
3.32
Basic Weighted Avg Shares
881
895
889
869
874
890
877
891
902
881
893
881
898
889
Sales/Revenue/Turnover
734
681
661
726
901
881
1,243
1,934
2,304
2,214
2,694
2,943
2,797
2,703
Operating Margin (%)
7.92
7.97
10.5
9.25
11.84
6.69
15.04
16.37
13.61
13.05
16.81
17.95
17.63
18.34
Depreciation Expense
22
21
22
23
25
29
32
38
47
49
48
47
41
- -
Net Income, GAAP
85
92
101
87
117
53
123
276
316
247
420
449
431
440
Effective Tax Rate (%)
20.11
21.28
21.43
18.05
20.6
25.2
21.57
10.71
14.59
12.07
9.84
11.97
12.9
12.14
Profit Margin (%)
11.59
13.57
15.23
11.97
12.94
6.06
9.88
14.27
13.7
11.13
15.58
15.26
15.41
16.28
Working Capital
1,322
1,353
1,337
1,301
1,296
1,296
1,353
1,536
1,704
1,857
2,142
2,299
2,545
2,588
LT Debt
1
1
12
11
9
8
9
17
10
16
8
6
6
5
Total Equity
1,630
1,681
1,742
1,774
1,783
1,795
1,876
2,069
2,235
2,367
2,628
2,864
3,086
3,087
Return on Invested Capital (%)
5.08
5.41
5.67
4.45
6.42
2.58
6.6
14.54
15.04
11.45
18.19
17.99
15.59
15.32
Return on Capital (%)
5.29
5.67
6.08
5.18
6.62
3.38
6.7
13.12
13.99
9.77
15.12
14.58
13.29
13.46
Return on Common Equity (%)
5.27
5.61
5.96
5.02
6.63
3.01
6.72
14.08
14.85
10.96
17.33
16.86
14.94
14.94

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5
4
4
LT Borrowings
3
3
2
LT Finance Leases
3
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
889
889
889
Market Capitalization
10,723
9,994
8,082

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,089
3,046
3,134
Cash, Cash Equivalents & STI
2,371
2,306
2,247
Accounts Receivable, Net
193
204
253
Inventories
441
453
462
Total Current Liabilities
545
457
546
Payables & Accruals
- -
- -
- -
ST Debt
5
4
4
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.95%
8.34%
7.78%
Free Cash Flow
-218.1%
15.11%
-11.1%
Net Income, GAAP
28.66%
13.12%
-4.06%
Sales/Revenue/Turnover
16.95%
8.23%
-4.97%
Total Cash Common Dividend
18.94%
25.05%
24.49%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
679
701
766
798
2,943
2025
658
694
- -
741
2,797
2026
579
689
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.12
0.13
0.12
0.51
2025
0.11
0.11
- -
0.15
0.48
2026
0.12
0.12
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.2
- -
- -
0.2
2025
- -
0.25
- -
- -
0.25
2026
- -
0.2
- -
- -
- -

Company Description

CEO
Wen Dong Zhang
Full Time Employees
2,665
Sector
Consumer durables
Industry
Electronics/Appliances
Address
Room A302 Shenzhen GD China 518057
IPO Date
Feb 8, 2010
Business
Edifier Technology Co., Ltd. (002351.SZ) designs, manufactures and sells audio equipment worldwide, with core products encompassing home audio systems including bookshelf and Bluetooth speakers; professional audio such as studio monitors and PA speakers; car audio solutions; wired and wireless headphones including true wireless stereo (TWS) earbuds, gaming headsets, on-ear and over-ear models; microphones; soundbars; and multimedia systems like home theater and computer speakers. Founded in 1996 and headquartered in Shenzhen, China, following a 2007 relocation from Beijing where it maintains operations, the company serves consumer, gaming, professional, automotive and educational markets across North America, Europe, Asia Pacific, South America and Oceania through direct online sales, retailers and distributors in over 70 countries, with overseas revenue comprising a majority of total sales. Edifier listed on the Shenzhen Stock Exchange in February 2010 as China's first public audio speaker company and acquired 100% of Japanese high-end electrostatic headphone maker STAX in 2011. In recent developments, Edifier launched its gaming headphones brand at CES 2020, partnered with NBA stars Donte DiVincenzo and Jared McCain in 2024 to promote the W830NB headphone series, released true wireless earbuds like NeoDots in October 2024 and plans successive high-end product introductions from late 2024 through early 2025 including TWS flagship NeoBuds Pro3, Neobuds Planar with third-generation planar drivers, Hi-Fi speaker S300 and mid-range models such as X1Evo TWS earphones and Lolli Pro 3.