Wenzhou Yihua Connector Co. Ltd. Class A

Wenzhou Yihua Connector Co. Ltd. Class A

SSZSE:002897
44.93
CNY
+0.57
(+1.28%)
17.06BMarket 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
6.83
7.17
7.15
7.75
8.79
8.21
9.61
19.24
26.15
29.26
29.81
32.9
32.98
- -
Basic EPS, GAAP
0.57
0.51
0.66
0.77
0.68
0.46
0.26
1.06
0.79
1.4
0.72
0.67
1.64
- -
Free Cash Flow per Basic Share
- -
0.17
1.03
0.45
-0.35
-0.77
-1.62
-0.39
-4.53
1.89
-2.36
1.01
-1.11
- -
Dividend per Share
0.15
0.17
0.21
0.32
0.29
0.36
0.2
0.42
0.49
0.69
0.71
0.58
0.5
0.77
Book Value per Share
2.54
3.05
3.56
4.18
6.44
6.58
6.72
7.66
8.06
9.54
10.14
12.52
14.38
14.56
Tangible Book Value per Share
1.93
2.44
2.96
3.6
6.02
6.13
4.25
5.24
5.67
7.31
7.96
10.37
12.24
12.44
Basic Weighted Avg Shares
128
128
128
128
138
169
169
170
172
171
170
185
194
191
Sales/Revenue/Turnover
871
915
915
991
1,215
1,388
1,623
3,268
4,490
5,011
5,059
6,097
6,401
- -
Operating Margin (%)
14.66
13.14
14.2
14.81
12.66
7.61
5.58
10.33
7.06
7.77
6.92
8.68
10.1
- -
Depreciation Expense
- -
34
37
37
38
47
71
101
155
184
204
223
230
- -
Net Income, GAAP
73
65
85
99
94
78
44
180
136
240
122
124
318
- -
Effective Tax Rate (%)
24.4
24.37
24.81
24.08
22.28
15.79
44.24
16.9
15.46
3.57
15.33
- -
17.22
- -
Profit Margin (%)
8.33
7.15
9.27
10
7.73
5.6
2.71
5.51
3.02
4.79
2.42
2.04
4.97
- -
Working Capital
-5
32
107
172
632
507
103
269
349
767
1,062
1,251
1,216
1,194
LT Debt
- -
- -
- -
- -
- -
- -
106
491
703
632
966
655
465
378
Total Equity
326
391
456
535
1,099
1,146
1,184
1,340
1,407
1,638
1,732
2,479
2,842
2,874
Return on Invested Capital (%)
- -
10.16
12.48
13.14
9.69
5.74
1.33
7.55
3.96
6.18
2.44
- -
6.8
- -
Return on Capital (%)
- -
12.67
14.27
14.94
10.59
6.87
4.55
9.82
7.14
10.45
6.22
- -
7.27
- -
Return on Common Equity (%)
- -
18.25
20.02
20.01
11.51
7
3.87
14.68
10.11
15.96
7.28
5.97
12.2
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,849
1,856
1,936
LT Borrowings
420
547
334
LT Finance Leases
45
45
44
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
194
194
194
Market Capitalization
10,483
11,290
17,058

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,756
4,782
4,689
Cash, Cash Equivalents & STI
783
1,131
774
Accounts Receivable, Net
1,562
1,213
1,384
Inventories
1,697
1,738
1,845
Total Current Liabilities
3,540
3,343
3,495
Payables & Accruals
- -
- -
- -
ST Debt
1,849
1,856
1,936
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.86%
16.98%
14.61%
Free Cash Flow
31.58%
70.57%
-215.5%
Net Income, GAAP
42.2%
32.21%
156.34%
Sales/Revenue/Turnover
23.9%
15.09%
4.99%
Total Cash Common Dividend
20.35%
7.83%
-11.19%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,529
1,643
1,571
1,354
6,097
2025
1,365
1,680
- -
1,439
6,401
2026
1,292
1,571
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.51
0.46
0.31
-0.57
0.67
2025
0.35
0.51
- -
0.26
1.64
2026
0.21
0.31
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.21
0.09
0.16
0.58
2025
0.11
0.22
- -
0.09
0.5
2026
0.08
0.6
- -
- -
- -

Company Description

CEO
You An Jiang
Full Time Employees
7,963
Sector
Electronic technology
Industry
Electronic components
Address
Yihua New Park Yueqing ZH China 325606
IPO Date
Sep 7, 2017
Website
czt.cn
Business
Wenzhou Yihua Connector Co., Ltd. engages in the research, development, manufacture, and sale of communication connectors and their components. The company's main products include network connectors; consumer electronic connectors; consumer electronic wiring harnesses; photoelectric and electrical power connectors; industrial and automotive electronic wiring harnesses; USB, MINI USB, MICRO USB, IEEE1394, and HDMI connectors; avionics electronic wire harnesses; RJ11, RJ45, and RJ45+TRANSFORMER connectors; jack, plug, wired jack, SFP, SATA connectors; precise die casting parts; BTB connectors; metal dome switches; and heat sink series. In addition, the company is involved in the solar mounting business. Wenzhou Yihua operates mainly in China with business offices in Wenzhou, Shanghai, Suzhou, and Beijing and serves clients in telecommunications, consumer electronics, industrial, automotive, and solar sectors. Founded in 1995, the company is headquartered in Yueqing, Zhejiang Province, China. Recently, Wenzhou Yihua Connector Co., Ltd. signed an agreement to acquire a 51% stake in Synwell New Energy Technology Development Co., Ltd., reflecting a strategic expansion in new energy technologies. It has also undertaken operational changes including partial restricted stock repurchases and cancellations to optimize its capital structure. The company continues to advance its product portfolio in high-speed connectors and modules applicable in supernode computing applications, underscoring its commitment to innovation and expansion in high-tech sectors. Wenzhou Yihua Connector maintains a diversified product range crucial for structured cabling systems and electronic device connectivity, supporting major international and domestic clients. The company emphasizes precision engineering, quality control, and integrated manufacturing capabilities, supported by extensive production facilities and technical expertise. With over 7,000 employees, it sustains a robust presence in China’s electronic components industry and strategically broadens into solar energy and advanced computing connector markets. These developments position Wenzhou Yihua as a comprehensive supplier of electronic connectors and related technologies.