ZhongYeDa Electric Co., Ltd. Class A

ZhongYeDa Electric Co., Ltd. Class A

SSZSE:002441
8.25
CNY
+0.17
(+2.10%)
4.25BMarket 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
14.23
15.61
14.41
12.81
14.02
15.78
18.08
19.75
22.97
22.18
22.06
20.26
20.06
- -
Basic EPS, GAAP
0.4
0.46
0.39
0.27
0.37
0.38
0.41
0.48
0.76
0.54
0.47
0.31
0.35
- -
Free Cash Flow per Basic Share
-0.39
0.04
-0.15
0.5
-0.21
-0.51
0.53
1.62
-0.58
0.63
0.53
1.13
0.89
- -
Dividend per Share
0.22
0.22
0.25
0.15
0.11
0.16
0.23
0.23
0.25
0.35
0.35
0.3
0.51
0.5
Book Value per Share
4.46
4.8
5.01
6.33
6.57
6.84
7.05
7.41
8.02
8.26
8.37
8.38
8.17
8.15
Tangible Book Value per Share
4.07
4.53
4.76
5.76
6.03
6.32
6.58
7
7.58
7.88
8.02
8.04
7.85
7.84
Basic Weighted Avg Shares
463
460
465
531
542
542
549
544
547
547
540
546
538
541
Sales/Revenue/Turnover
6,580
7,183
6,702
6,800
7,601
8,555
9,925
10,741
12,558
12,128
11,915
11,067
10,797
- -
Operating Margin (%)
4.48
4.96
4.35
3.15
3.11
3.45
3.29
3.65
3.79
3.35
3.12
1.62
1.85
- -
Depreciation Expense
22
24
25
27
29
33
39
44
50
56
61
58
54
- -
Net Income, GAAP
183
212
181
143
201
206
225
261
416
295
254
169
188
- -
Effective Tax Rate (%)
26.63
26.31
28
28.65
29.54
31.12
29.53
26.8
27.11
28.14
25.54
26.67
25.56
- -
Profit Margin (%)
2.78
2.95
2.71
2.11
2.64
2.41
2.27
2.43
3.31
2.44
2.13
1.53
1.74
- -
Working Capital
1,650
1,771
1,660
2,649
2,542
2,688
2,737
2,952
3,296
3,454
3,554
3,540
3,505
3,513
LT Debt
20
- -
- -
- -
- -
- -
- -
10
11
6
2
7
9
9
Total Equity
2,109
2,270
2,392
3,492
3,784
3,851
3,953
4,119
4,413
4,539
4,604
4,609
4,492
4,490
Return on Invested Capital (%)
8.26
8.14
5.96
4.13
4.91
4.55
5.28
6.67
9.99
6.55
5.74
3.86
4.29
- -
Return on Capital (%)
8.56
9.35
7.5
4.67
5.53
5.71
6.11
6.14
9.54
6.65
5.41
3.67
4.17
- -
Return on Common Equity (%)
9.07
9.85
7.94
4.97
5.73
5.64
5.94
6.63
9.89
6.67
5.61
3.71
4.18
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
21
25
16
LT Borrowings
- -
- -
- -
LT Finance Leases
9
9
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
545
545
545
Market Capitalization
5,119
5,386
4,247

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,546
5,883
5,915
Cash, Cash Equivalents & STI
1,973
1,600
1,364
Accounts Receivable, Net
1,108
1,712
2,084
Inventories
758
1,000
1,020
Total Current Liabilities
2,041
2,269
2,401
Payables & Accruals
- -
- -
- -
ST Debt
21
25
16
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.2%
1.8%
-2.54%
Free Cash Flow
-75.59%
-53.81%
-22.85%
Net Income, GAAP
4.1%
-1.17%
11.25%
Sales/Revenue/Turnover
5.22%
0.43%
-2.44%
Total Cash Common Dividend
13.51%
20.64%
66.45%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,302
2,907
3,084
2,774
11,067
2025
2,423
3,035
- -
2,453
10,797
2026
2,501
3,221
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
-0.01
0.02
0.05
0.31
2025
0.18
0.06
- -
0.01
0.35
2026
0.18
0.11
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.3
- -
- -
0.3
2025
- -
0.3
- -
0.2
0.51
2026
- -
0.3
- -
- -
- -

Company Description

CEO
Sen Jie Wu
Full Time Employees
3,350
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
No. 1, Zhujin First Heng Street Shantou GD China 515000
IPO Date
Jul 6, 2010
Website
zyd.cn
Business
Zhongyeda Electric Co., Ltd. (002441.SZ) engages primarily in the wholesale distribution of industrial electrical products and the manufacture of system integration solutions in China. The company distributes power transmission and distribution equipment, industrial automation products, high- and low-voltage power accessories, new energy electrical equipment including electric vehicle charging stations and piles, marine and ship electrical systems, wind power generation control systems such as water cooling and propeller controls, oil drilling platform electrical controls, lighting products and supporting equipment, filters, power automation protection devices, electrical components, and electronic products; it also produces electrical control cabinets and provides electrical design, equipment supply, software programming, platform construction, system integration, and maintenance services for sectors including thermal power, hydropower, wind energy, nuclear energy, metallurgy, and construction. Zhongyeda Electric operates through over 120 offices across three major regions in China—North China, East China, and South China—with additional presence in Central South, Southwest, Northeast, and Northwest China; it maintains 54 subsidiaries nationwide and employs more than 3,300 people. Founded in 2000 and headquartered at No. 1 Zhujin Yiheng Street, Zhujin Industrial Zone, Shantou, Guangdong Province, China, the company listed on the Shenzhen Stock Exchange in 2010 and partners strategically with international brands such as ABB and Schneider Electric as a designated distributor. Recent developments include the advancement of its proprietary AI-powered "Zhiwen" intelligent business query system to enhance digital operations and employee productivity as of September 2025, alongside the divestiture of a 23.02% stake in Shantou Ruiye Information Technology Partnership Enterprise, ongoing emphasis on machine vision technologies for manufacturing efficiency, and sustained sales leadership in electrical wholesale totaling approximately CNY 10.95 billion in 2024 primarily from energy, materials, and electronic equipment sectors.