Shenzhen Center Power Tech. Co., Ltd. Class A

Shenzhen Center Power Tech. Co., Ltd. Class A

SSZSE:002733
15.61
CNY
+0.48
(+3.17%)
0.27EPS
126.51P/E
11.90BMarket 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
7.16
7.23
7.85
7.71
7.31
8.47
8.39
6.34
8.11
10.52
9.34
9.52
9.16
10.46
Basic EPS, GAAP
0.36
0.36
0.43
0.37
0.1
0.27
0.49
0.19
-1.1
0.41
0.36
0.26
0.21
0.24
Free Cash Flow per Basic Share
0.04
0.07
-0.3
-0.3
-0.61
-0.13
-0.09
-0.02
-0.6
-0.54
0.29
1.01
0.65
- -
Dividend per Share
0.1
0.17
0.18
0.21
0.22
0.26
0.3
0.35
0.19
0.13
0.16
0.26
0.17
0.26
Book Value per Share
2.71
3.59
3.95
6.34
6.21
6.78
6.7
7.56
6.32
6.86
7.1
7.03
7.05
7
Tangible Book Value per Share
2.57
3.46
3.82
6.18
5.91
6.32
5.84
7.06
5.85
6.25
6.61
6.54
6.58
6.54
Basic Weighted Avg Shares
230
273
308
324
363
349
350
401
383
387
386
373
380
369
Sales/Revenue/Turnover
1,650
1,975
2,418
2,501
2,656
2,956
2,932
2,547
3,110
4,078
3,600
3,554
3,478
3,865
Operating Margin (%)
8.01
7.13
6.44
4.11
2.87
1.87
6.2
5.03
-1
4.11
7.2
8.08
6.79
7.75
Depreciation Expense
33
36
38
40
44
57
67
82
116
130
125
132
131
- -
Net Income, GAAP
84
98
132
120
36
94
171
76
-422
159
139
97
80
90
Effective Tax Rate (%)
14.94
13.23
14.7
10.89
27.53
13.74
8.4
5.12
- -
12.11
21.7
31.77
24.42
23.5
Profit Margin (%)
5.09
4.98
5.48
4.8
1.37
3.19
5.84
2.99
-13.56
3.9
3.86
2.73
2.29
2.34
Working Capital
413
865
680
1,509
1,315
1,167
995
1,442
1,111
1,566
1,575
1,466
1,498
1,399
LT Debt
- -
- -
- -
- -
- -
- -
- -
40
132
187
328
313
220
76
Total Equity
635
1,114
1,225
2,235
2,187
2,447
2,504
3,047
2,536
2,737
2,825
2,797
2,810
2,793
Return on Invested Capital (%)
8.6
7.85
7.51
4.63
1.26
1.99
4.3
2.16
- -
4.58
3.71
2.77
2.24
2.38
Return on Capital (%)
11.8
9.5
9.17
6.37
2.16
4.88
7
3.93
- -
6.89
4.9
3.46
2.56
2.63
Return on Common Equity (%)
14.43
11.42
11.47
7
1.65
4.14
7.26
2.9
-15.78
6.27
5.17
3.58
2.95
3.35

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
686
770
642
LT Borrowings
148
110
- -
LT Finance Leases
71
71
76
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
384
384
384
Market Capitalization
7,542
9,421
11,903

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,521
3,576
3,451
Cash, Cash Equivalents & STI
1,275
1,287
1,049
Accounts Receivable, Net
1,215
1,165
1,291
Inventories
806
877
800
Total Current Liabilities
2,023
2,068
2,052
Payables & Accruals
- -
- -
- -
ST Debt
686
770
642
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11%
-1.23%
0.44%
Free Cash Flow
260.23%
530.47%
-34.78%
Net Income, GAAP
-74.45%
-170.23%
-17.91%
Sales/Revenue/Turnover
4.51%
7.62%
-2.14%
Total Cash Common Dividend
6.75%
-6.94%
-34.93%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
671
913
1,043
928
3,554
2025
664
942
- -
1,098
3,478
2026
787
1,038
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.14
0.12
-0.06
0.26
2025
0.05
0.19
- -
-0.07
0.21
2026
0.06
0.07
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.17
0.03
0.03
0.26
2025
0.02
0.13
- -
0.01
0.17
2026
0.01
0.11
- -
- -
- -

Company Description

CEO
Tao Tang
Full Time Employees
3,122
Sector
Producer manufacturing
Industry
Electrical products
Address
Building 7 Shenzhen GD China
IPO Date
Dec 3, 2014
Business
Shenzhen Center Power Tech. Co., Ltd. (002733.SZ) manufactures and sells lithium-ion batteries and related energy storage solutions for consumer electronics, electric vehicles, and power tools. The company offers cylindrical, prismatic, and pouch lithium batteries under the Vision brand; battery packs and modules for power tools and e-bikes; and energy storage systems including household and commercial battery solutions. Products encompass high-capacity 18650 and 21700 cells, customized battery management systems (BMS), and integrated charging solutions tailored for portable devices and renewable energy applications. Founded in 2008 and headquartered in Shenzhen, China, the company operates primarily in Asia with expanding sales in Europe and North America, targeting OEMs in consumer electronics, automotive, and industrial sectors. Subsidiaries include Vision Battery (HK) Limited for international operations and several R&D centers focused on solid-state battery technology. Center Power serves major clients in power tools (e.g., Bosch, Makita equivalents) and e-mobility, with production facilities exceeding 5 GWh annual capacity. In the past two years, Center Power announced a strategic partnership with a leading European EV manufacturer in Q1 2025 to supply 4680-format cells, secured CNY 1.2 billion in funding for solid-state battery R&D in late 2024, and launched its Vision Pro energy storage series for grid-scale applications in H2 2024. The company expanded production capacity by 50% through a new facility in Huizhou, shifted focus toward automotive-grade batteries amid China's NEV boom, and reorganized its business units to prioritize overseas exports comprising 30% of 2025 revenue guidance.