Wus Printed Circuit (Kunshan) Co., Ltd. Class A

Wus Printed Circuit (Kunshan) Co., Ltd. Class A

SSZSE:002463
107.06
CNY
+0.10
(+0.09%)
294.04BMarket Cap
Oct 28Next 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
1.68
1.78
1.83
2.06
2.51
2.98
3.84
3.98
3.93
4.4
4.69
6.97
9.85
- -
Basic EPS, GAAP
0.1
-0.01
- -
0.07
0.11
0.31
0.65
0.72
0.56
0.72
0.79
1.35
1.99
- -
Free Cash Flow per Basic Share
-0.31
-0.44
-0.19
0.06
-0.01
0.26
0.34
0.64
0.48
0.36
0.75
0.09
0.35
- -
Dividend per Share
0.13
0.08
0.01
0.01
0.05
0.05
0.1
0.19
0.19
0.17
0.19
0.57
0.56
0.55
Book Value per Share
1.84
1.75
1.75
1.83
1.89
2.12
2.71
3.31
3.81
4.36
5.13
6.17
7.85
9.35
Tangible Book Value per Share
1.74
1.64
1.64
1.76
1.83
2.06
2.65
3.26
3.76
4.3
4.93
5.98
7.65
9.07
Basic Weighted Avg Shares
1,800
1,850
1,846
1,840
1,841
1,842
1,855
1,873
1,887
1,897
1,904
1,914
1,923
1,924
Sales/Revenue/Turnover
3,017
3,292
3,377
3,790
4,627
5,497
7,129
7,460
7,419
8,336
8,938
13,342
18,945
- -
Operating Margin (%)
7.09
0.02
0.75
4.67
8.45
13.34
20.28
20.99
17.15
19.52
19.93
23.24
24.29
- -
Depreciation Expense
133
196
268
290
293
308
319
332
345
326
417
489
601
- -
Net Income, GAAP
180
-12
6
131
204
570
1,206
1,343
1,064
1,362
1,513
2,587
3,822
- -
Effective Tax Rate (%)
17.85
- -
67.94
30.09
29.76
14.74
10.87
7.87
11.32
13.46
12.66
13
13.18
- -
Profit Margin (%)
5.97
-0.37
0.16
3.44
4.4
10.38
16.92
18
14.34
16.33
16.92
19.39
20.18
- -
Working Capital
1,327
1,013
558
882
1,085
1,579
2,090
2,128
1,761
2,897
2,818
2,101
5,251
6,209
LT Debt
- -
258
- -
- -
98
99
- -
- -
1
78
846
1,310
1,897
3,984
Total Equity
3,381
3,222
3,228
3,365
3,488
4,009
5,134
6,283
7,234
8,267
9,837
11,901
15,128
18,003
Return on Invested Capital (%)
5.23
- -
-0.3
0.04
5.22
13.4
23.61
20.29
13.03
14.59
13.36
18.29
21.58
- -
Return on Capital (%)
5.06
- -
0.27
3.9
5.46
13.89
24.33
20.73
13.38
15
14.52
19.4
22.33
- -
Return on Common Equity (%)
5.28
-0.37
0.17
3.96
5.94
15.22
26.38
23.52
15.74
17.57
16.76
23.93
28.36
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,670
3,718
4,330
LT Borrowings
1,886
2,626
3,984
LT Finance Leases
12
10
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,924
1,924
1,924
Market Capitalization
140,613
146,194
294,043

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
15,975
18,762
21,172
Cash, Cash Equivalents & STI
2,579
4,392
4,554
Accounts Receivable, Net
5,507
6,476
7,967
Inventories
4,246
4,913
6,041
Total Current Liabilities
10,724
12,638
14,962
Payables & Accruals
- -
- -
- -
ST Debt
2,670
3,718
4,330
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.98%
19.3%
27.11%
Free Cash Flow
-201.07%
50.43%
279.71%
Net Income, GAAP
275.27%
27.42%
47.74%
Sales/Revenue/Turnover
19.77%
22.06%
42%
Total Cash Common Dividend
95.83%
40.39%
-0.35%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,584
2,840
3,587
4,331
13,342
2025
4,038
4,456
- -
5,433
18,945
2026
6,214
7,475
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.27
0.33
0.37
0.39
1.35
2025
0.4
0.48
- -
0.57
1.99
2026
0.65
0.87
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.52
0.02
0.02
0.57
2025
0.01
0.52
- -
0.02
0.56
2026
0.01
0.53
- -
- -
- -

Company Description

CEO
Chuan Bin Wu
Full Time Employees
15,243
Sector
Electronic technology
Industry
Electronic components
Address
No. 1, Donglong Road Kunshan JS China 215300
IPO Date
Aug 18, 2010
Website
wustec.com
Business
Wus Printed Circuit (Kunshan) Co., Ltd. (002463.SZ) manufactures and sells printed circuit boards (PCBs) and related electronic components. The company produces single-sided, double-sided, and multi-layer PCBs, including high-density interconnect (HDI) boards, flexible PCBs, and rigid-flex PCBs; it also offers PCB assembly services, such as surface-mount technology (SMT) and through-hole assembly, along with design and testing solutions for electronics manufacturers. Wus Printed Circuit serves the consumer electronics, automotive, telecommunications, and industrial equipment sectors, with primary customers including major brands in smartphones, automotive electronics, and networking devices. Established in 2000 and headquartered in Kunshan, Jiangsu Province, China, the company operates production facilities primarily in China, with sales and distribution extending to Asia, Europe, and North America. Its operations focus on high-volume production of advanced PCBs for applications in 5G infrastructure, electric vehicles, and IoT devices. Wus Printed Circuit maintains subsidiaries in Shenzhen and other locations to support research, development, and global supply chain management. In the past two years, Wus Printed Circuit has expanded its capacity through a strategic investment in a new high-end HDI PCB production line in Kunshan, completed in early 2024, to meet rising demand for automotive and 5G applications. The company formed a key partnership with a leading electric vehicle manufacturer in 2025 for customized flexible PCB supplies, enhancing its position in the EV market. Additionally, it announced a funding round in late 2024 to support automation upgrades and international expansion into Southeast Asia.