Goldcup Electric Apparatus Co., Ltd. Class A

Goldcup Electric Apparatus Co., Ltd. Class A

SSZSE:002533
10.57
CNY
+0.07
(+0.67%)
0.99EPS
12.67P/E
7.83BMarket Cap
Oct 29Next 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
5.58
5.91
5.94
5.72
7.21
8.58
10.47
11.14
17.58
17.99
20.83
24.23
27.95
31.14
Basic EPS, GAAP
0.21
0.24
0.27
0.31
0.23
0.24
0.35
0.36
0.45
0.51
0.71
0.78
0.83
0.84
Free Cash Flow per Basic Share
- -
0.13
0.27
0.54
-0.69
-0.13
0.17
0.16
0.49
0.63
0.4
0.2
0.05
- -
Dividend per Share
0.07
0.08
0.1
0.1
0.15
0.13
0.21
0.31
0.33
0.35
0.39
0.63
0.29
0.62
Book Value per Share
3.38
3.48
3.68
4.03
4.17
4.24
4.4
4.52
4.73
4.93
5.28
5.36
6.23
6.08
Tangible Book Value per Share
3.11
3.22
3.41
3.73
3.83
3.93
4.1
4.22
4.43
4.58
4.88
4.98
5.83
5.69
Basic Weighted Avg Shares
538
537
545
547
550
552
558
700
730
734
734
729
727
727
Sales/Revenue/Turnover
3,002
3,177
3,236
3,125
3,961
4,739
5,844
7,796
12,832
13,203
15,293
17,669
20,321
22,652
Operating Margin (%)
3.77
4.36
4.85
5.62
3.99
3.8
4.72
4.44
4.29
4.23
4.78
4.19
4.22
4.1
Depreciation Expense
38
44
51
63
68
75
88
110
119
152
161
173
184
- -
Net Income, GAAP
114
128
146
169
124
133
198
250
331
371
523
569
600
613
Effective Tax Rate (%)
15.02
15.06
14.77
13.26
13.67
9.76
13.71
5.85
12.39
7.39
12.99
10.83
10.52
10.19
Profit Margin (%)
3.78
4.03
4.51
5.41
3.14
2.8
3.38
3.21
2.58
2.81
3.42
3.22
2.95
2.7
Working Capital
1,324
1,366
1,436
1,516
1,318
1,482
1,297
2,323
1,991
1,905
2,545
2,647
2,856
2,914
LT Debt
- -
- -
- -
- -
- -
150
- -
501
361
291
692
912
615
779
Total Equity
1,998
2,101
2,228
2,433
2,517
2,559
2,616
3,575
3,745
3,973
4,285
4,364
5,112
5,027
Return on Invested Capital (%)
5.23
5.75
6.33
6.41
5.19
5.09
7.22
6.74
7.58
9.04
12.56
11.71
11.8
10.7
Return on Capital (%)
5.89
6.08
6.79
6.92
4.44
4.98
7.14
7.37
7.7
7.87
10.13
10.1
9.24
8.38
Return on Common Equity (%)
6.33
6.83
7.37
7.93
5.48
5.7
8.18
8.61
9.75
10.45
13.96
14.56
14.1
14.27

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
731
1,542
1,730
LT Borrowings
597
742
762
LT Finance Leases
18
19
18
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
734
734
734
Market Capitalization
9,160
9,695
7,831

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,179
10,068
11,065
Cash, Cash Equivalents & STI
2,450
1,855
2,218
Accounts Receivable, Net
3,458
4,221
4,666
Inventories
1,688
2,503
2,498
Total Current Liabilities
6,323
7,122
8,152
Payables & Accruals
- -
- -
- -
ST Debt
731
1,542
1,730
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.09%
7.54%
17.14%
Free Cash Flow
-34.09%
15.33%
-75.13%
Net Income, GAAP
17.12%
19.96%
5.49%
Sales/Revenue/Turnover
21.36%
22.77%
15.01%
Total Cash Common Dividend
21.9%
7.47%
-53.98%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,522
4,423
4,796
4,928
17,669
2025
4,097
5,238
- -
5,552
20,321
2026
4,999
6,862
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.19
0.21
0.2
0.78
2025
0.19
0.22
- -
0.19
0.83
2026
0.18
0.25
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.41
0.01
0.21
0.63
2025
0.01
0.21
- -
-0.06
0.29
2026
0.01
0.46
- -
- -
- -

Company Description

CEO
Zu Qin Zhou
Full Time Employees
4,890
Sector
Producer manufacturing
Industry
Electrical products
Address
No.580, Dongfanghong Middle Road Changsha HU China 410205
IPO Date
Dec 21, 2010
Business
Gold Cup Electric Apparatus Co., Ltd. (002533.SZ) manufactures and sells wires and cables, primarily flat electromagnetic wires and power cables, in China and internationally. The company offers electrical equipment wires including non-sheathed and sheathed cables, flexible cables and wires, screened cables, low smoke halogen-free flame retardant wires, exquisite flame retardant wires, high-end easy home wires, radiated European standard wires, computer cables, and plastics insulated and sheathed control cables; cable and conductor products comprising plastics insulated power cables, XLPE insulated cables, aerial insulated cables, overhead conductors, flexible mineral insulated fireproof cables, and rare earth aluminum alloy products; as well as specialized cables such as rubber flexible, mining, elevator, motor winding lead, waterproof rubber sheathed, silicon rubber insulated and sheathed flexible, butyronitrile compound insulation and sheathed power, common rubber flexible, internal connecting, rail transit, ship power, and photovoltaic cables. Its products serve power generation, transmission and distribution, buildings, roads and bridges, mining, aviation, construction machinery, transformers, new energy vehicles, wind power, photovoltaics, energy storage, industrial robotics, and other emerging sectors. Founded in 1952 and headquartered in Changsha, Hunan Province, China, the company operates as a leading wire and cable producer in central and western China with subsidiaries including Gold Cup Electric Electromagnetic Wire Co., Ltd. and Gold Cup Toly Europe Electromagnetic Wires r.o. Recent developments include the completion of a EUR 2.996 million factory acquisition in Planá, Czech Republic, by its wholly-owned subsidiary Gold Cup Toly Europe to establish a European production base with initial capacity of 8,000 tons annually, expanding to 20,000 tons by 2028; addition of 10,000 tons per year in transformer electromagnetic wire capacity fully released in early 2024; and an agreement to acquire Deli Conductor Technology (Changzhou) Co., Ltd. for CNY 55 million to enhance conductor capabilities.