1. China Stocks

  2. •

    Producer manufacturing

  3. •

    Electrical products
Keli Motor Group Co., Ltd. Class A

Keli Motor Group Co., Ltd. Class A

SSZSE:002892
9.20
CNY
+0.46
(+5.26%)
6.76BMarket 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
0.75
0.83
0.87
0.97
1.05
1.1
1.3
2.12
2.91
1.6
1.74
2.23
2.48
- -
Basic EPS, GAAP
0.07
0.1
0.11
0.13
0.12
0.11
0.13
0.21
0.21
0.1
0.07
0.08
0.04
- -
Free Cash Flow per Basic Share
- -
0.06
0.11
-0.1
0.06
0.03
0.07
-0.06
-0.18
0.04
-0.09
-0.21
-0.44
- -
Dividend per Share
0.02
0.01
0.09
0.03
0.03
0.02
0.04
0.14
0.13
0.08
0.08
0.07
0.06
0.04
Book Value per Share
0.29
0.41
0.36
0.47
0.87
0.96
1.04
1.09
1.69
1.71
1.71
1.72
1.72
1.69
Tangible Book Value per Share
0.28
0.4
0.35
0.46
0.85
0.95
1.03
1.08
1.68
1.59
1.59
1.57
1.57
1.54
Basic Weighted Avg Shares
513
516
520
519
564
655
655
468
493
741
745
742
737
742
Sales/Revenue/Turnover
387
427
454
504
592
721
851
993
1,435
1,183
1,295
1,657
1,829
- -
Operating Margin (%)
12.67
13.66
14.43
15.52
13.23
10.16
11.26
12.11
8.98
4.37
5.47
5.49
3.12
- -
Depreciation Expense
- -
8
9
9
12
13
16
19
36
45
47
52
62
- -
Net Income, GAAP
37
49
60
68
65
70
88
98
103
73
51
60
33
- -
Effective Tax Rate (%)
14.36
16.24
13.97
14
14.55
11.6
12.15
12.42
9.24
8.78
12.48
2.92
2.71
- -
Profit Margin (%)
9.49
11.56
13.14
13.39
11.06
9.65
10.35
9.89
7.15
6.19
3.94
3.63
1.81
- -
Working Capital
53
98
150
144
396
431
479
466
958
1,060
772
511
619
572
LT Debt
- -
- -
38
76
- -
- -
- -
11
14
188
154
181
513
511
Total Equity
116
162
187
244
567
626
685
714
1,254
1,283
1,284
1,283
1,281
1,255
Return on Invested Capital (%)
- -
28.21
28.12
22.42
13.8
11.56
13.52
14.2
10.27
5.23
3.07
3.28
1.83
- -
Return on Capital (%)
- -
32.29
30.44
25
15.28
11.89
13.65
13.86
10.31
5.87
3.81
4.76
2.05
- -
Return on Common Equity (%)
- -
35.6
34.25
31.34
16.14
11.66
13.44
14.05
10.43
5.8
4.01
4.69
2.58
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
96
100
137
LT Borrowings
508
503
506
LT Finance Leases
5
10
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
744
745
745
Market Capitalization
9,989
8,078
6,761

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,391
1,422
1,540
Cash, Cash Equivalents & STI
356
330
355
Accounts Receivable, Net
552
567
646
Inventories
344
366
404
Total Current Liabilities
772
801
969
Payables & Accruals
- -
- -
- -
ST Debt
96
100
137
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.48%
15.57%
-0.19%
Free Cash Flow
-44.21%
-2.22%
107.02%
Net Income, GAAP
-2.72%
-16.33%
-44.82%
Sales/Revenue/Turnover
15.96%
14.94%
10.4%
Total Cash Common Dividend
16.19%
-6.38%
-6.56%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
344
452
428
432
1,657
2025
420
487
- -
444
1,829
2026
454
561
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.02
0.06
-0.01
0.08
2025
- -
0.04
- -
-0.02
0.04
2026
-0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.06
- -
- -
0.07
2025
- -
0.05
- -
0.01
0.06
2026
0.01
0.03
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Peng Ju Nie
Full Time Employees
3,969
Sector
Producer manufacturing
Industry
Electrical products
Address
Tower B3, Building No. 9 Shenzhen GD China 518057
IPO Date
Aug 17, 2017
Website
kelimotor.com
Similar Companies
Lumentum Holdings Inc. (NASDAQ:LITE)
GE Vernova Inc. (NYSE:GEV)
Eos Energy Enterprises, Inc. (NASDAQ:EOSE)
NuScale Power Corporation (NYSE:SMR)
Bharat Heavy Electricals Limited (NSE:BHEL)
Astor Enerji A.S. (BIST:ASTOR)
Business
Keli Motor Group Co., Ltd. (002892.SZ) engages in the research, development, manufacture, and sale of micro motors and related drive control systems in China. The company offers a broad portfolio of core products including servo systems comprising servo motors and drives; shaded pole motors; tangential blowers; universal motors; stepper motors; brushless direct current (BLDC) motors; and pump motors. These products serve diverse applications across industries such as smart home appliances, health and care equipment, motion control systems, 5G base stations, industrial robots, 3D printers, commercial office equipment, stage lighting, security monitoring, HVAC refrigeration, new energy vehicles, and electric tools. Keli Motor Group exports its offerings to over 30 countries and regions, including the United States, Spain, Germany, Italy, and others, positioning it as a key supplier to multiple Fortune 500 companies. Founded in 1992 and headquartered in Shenzhen, China, at Shenzhen Bay Science and Technology Ecological Park, the company maintains production facilities supporting an annual output exceeding 55 million units, with shaded pole motors holding the top position in domestic production and sales volume. It listed on the Shenzhen Stock Exchange in August 2017 and rebranded from Hunan Keli Motor Co., Ltd. to its current name in May 2019 to reflect its expanded group structure. In recent developments, Keli Motor Group announced plans in 2024 to repurchase shares valued between RMB 10 million and RMB 20 million to optimize its capital structure. The company is pursuing a private placement of A-shares to raise up to RMB 1.0 billion for project funding and working capital replenishment, alongside receiving shareholder proposals from CEO Pengju Nie in May 2025 regarding strategic initiatives. These moves support ongoing expansions in high-precision servo systems, sensors, and intelligent drive technologies amid growing demand in new energy and automation sectors.