HiVi Acoustics Technology Co., Ltd. Class A

HiVi Acoustics Technology Co., Ltd. Class A

SSZSE:002888
17.54
CNY
+0.55
(+3.24%)
0.19EPS
118.44P/E
3.25BMarket Cap
HiVi Acoustics Technology Co., Ltd. Class A
SZSE:002888
(Shenzhen Stock Exchange)

Recent

price

17.54

P/E

ratio

118.44

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.72
2.09
2.13
2.2
2.15
2.09
1.81
1.84
2.17
1.9
1.55
1.62
1.92
1.82
1.84
Revenue per Share
0.24
0.29
0.32
0.3
0.33
0.27
0.19
0.18
0.25
0.17
-0.1
-0.04
0.07
0.14
0.19
Basic EPS, GAAP
0.07
0.17
0.31
0.34
0.28
-0.09
-0.01
0.4
0.21
-0.54
0.1
0.19
0.31
-0.01
- -
Free Cash Flow per Basic Share
0.01
0.05
0.01
- -
0.09
- -
0.11
0.33
0.2
0.07
- -
- -
0.07
0.2
- -
Dividend per Share
0.98
1.22
1.65
1.95
2.19
2.9
2.98
2.82
2.86
2.89
2.66
2.63
2.62
2.6
2.51
Book Value per Share
0.93
1.17
1.6
1.9
2.13
2.85
2.93
2.78
2.82
2.86
2.63
2.59
2.6
2.57
2.48
Tangible Book Value per Share
112
107
108
111
113
126
147
149
123
153
146
138
141
151
147
Basic Weighted Avg Shares
193
224
229
245
243
264
267
275
266
289
226
223
271
274
272
Sales/Revenue/Turnover
18.13
18.33
17.37
15.89
15.38
13.91
6.67
7.38
13.33
9.74
-2.88
0.43
6.39
5.04
7
Operating Margin (%)
8
10
10
11
11
10
14
15
13
14
15
14
13
13
- -
Depreciation Expense
27
32
34
33
37
34
28
26
31
26
-15
-6
10
21
27
Net Income, GAAP
20.48
20.13
16.64
13.28
14.94
12.59
8.16
8.83
15.38
12.17
- -
- -
15.09
2.11
2.04
Effective Tax Rate (%)
13.76
14.1
14.9
13.64
15.21
12.74
10.59
9.52
11.53
8.97
-6.46
-2.47
3.65
7.71
10.07
Profit Margin (%)
11
39
92
110
118
296
315
302
313
273
245
222
239
226
217
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
- -
LT Debt
110
137
185
219
246
434
445
422
427
433
398
393
393
384
370
Total Equity
- -
22.47
18.29
14.86
13.69
9.55
4.41
5.16
7.25
5.89
- -
- -
4.44
3.38
5
Return on Invested Capital (%)
- -
23.76
19.68
16.05
15.63
9.44
5.95
6.04
7.22
6.03
- -
- -
2.52
5.45
7.17
Return on Capital (%)
- -
25.55
21.15
16.52
15.94
9.89
6.42
6.04
7.22
6.03
-3.52
-1.39
2.52
5.45
7.17
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
148
148
148
Market Capitalization
2,892
2,689
3,245

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
295
295
288
Cash, Cash Equivalents & STI
189
190
181
Accounts Receivable, Net
8
5
8
Inventories
88
89
89
Total Current Liabilities
69
70
70
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.7%
-2.08%
-2.32%
Free Cash Flow
-439.48%
-99.51%
-104.56%
Net Income, GAAP
-40.45%
-79.97%
113.79%
Sales/Revenue/Turnover
1.7%
1.7%
1.19%
Total Cash Common Dividend
- -
- -
201.22%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
44
53
75
100
271
2025
56
71
- -
83
274
2026
48
69
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
- -
0.04
0.05
0.07
2025
- -
0.06
- -
0.08
0.14
2026
-0.02
0.07
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.07
2025
- -
- -
- -
- -
0.2
2026
- -
- -
- -
- -
- -
Business
HiVi Acoustics Technology Co., Ltd engages in the research, development, manufacturing, and sale of electro-acoustic products in China and internationally. The company offers Hi-Fi speaker drivers; home theater speaker systems; active speakers; amplifiers; WiFi speakers; headphones; car speakers and amplifiers; professional audio speakers; public address systems; speaker enclosures; as well as solutions for digital sound reproduction, including multimedia speakers, subwoofers, bookshelf speakers, floorstanding speakers, and computer speakers under the HiVi and Swans brands. It operates primarily in the consumer electronics sector, targeting home audio enthusiasts, professional audio users, automotive markets, and public broadcasting customers across North America, South America, Eastern Europe, and other regions. Founded in 1997 and headquartered in Guangzhou, China, at No. 13, Sansha Road, Nansha District, the company, formerly known as Guangzhou Du Xi Electric Co., Ltd, maintains core brands HiVi and Swans Speakers following their merger. In recent developments, HiVi Acoustics approves cash dividends for 2024 payable on June 17, 2025, and reports earnings for the nine months ended September 30, 2024, as well as for the half year ended June 30, 2024, underscoring ongoing financial distributions and operational reporting amid its focus on premium audio manufacturing.