Aoshikang Technology Co. Ltd. Class A

Aoshikang Technology Co. Ltd. Class A

SSZSE:002913
72.59
CNY
-8.07
(-10.00%)
20.29BMarket Cap
Oct 23Next 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
2.81
3.11
5.29
6.07
7.82
7.76
7.83
10
14.75
14.44
13.61
14.35
17.42
- -
Basic EPS, GAAP
0.31
0.46
0.81
0.88
0.78
0.83
0.92
1.2
1.63
0.97
1.63
1.11
0.97
- -
Free Cash Flow per Basic Share
- -
-0.07
0.41
-0.46
-0.21
-0.13
0.32
-2
-2.32
-0.35
0.96
0.54
-0.8
- -
Dividend per Share
- -
0.05
0.96
0.44
0.04
0.17
0.23
0.27
0.7
0.98
0.5
0.76
0.69
0.37
Book Value per Share
1.49
1.71
2.84
3.53
6.81
7.39
8.22
9.31
11.1
11.76
12.94
13.8
14
13.86
Tangible Book Value per Share
1.47
1.69
2.81
3.49
6.78
7.35
7.9
8.76
10.49
11
11.81
12.71
12.92
12.83
Basic Weighted Avg Shares
216
288
200
216
222
288
291
291
301
316
318
318
317
309
Sales/Revenue/Turnover
606
897
1,055
1,312
1,736
2,235
2,276
2,911
4,435
4,567
4,330
4,566
5,530
- -
Operating Margin (%)
13.93
16.88
16.87
16.94
13.72
11.07
11.62
13.73
12.39
7.78
14.29
9.25
8.76
- -
Depreciation Expense
- -
37
47
63
88
106
119
158
230
356
393
400
438
- -
Net Income, GAAP
66
132
162
190
173
239
268
349
490
307
519
353
308
- -
Effective Tax Rate (%)
16.24
8.83
13.66
14.12
13.76
13.68
11.07
10.57
6.77
11.15
10.79
12.79
9.14
- -
Profit Margin (%)
10.95
14.68
15.33
14.5
9.97
10.69
11.75
12
11.05
6.72
11.98
7.74
5.57
- -
Working Capital
15
-23
123
77
1,107
1,198
1,174
613
710
370
659
661
772
90
LT Debt
- -
- -
- -
- -
- -
- -
- -
72
739
640
597
571
736
386
Total Equity
322
369
614
763
1,963
2,174
2,434
2,753
3,523
3,787
4,108
4,378
4,577
4,509
Return on Invested Capital (%)
- -
37.05
30.1
24.77
11.71
11.19
11.42
12.77
12.57
6.26
9.59
6.45
5.1
- -
Return on Capital (%)
- -
38.43
33.69
24.95
11.92
11.05
11.35
12.95
13.14
6.78
10.23
6.95
5.79
- -
Return on Common Equity (%)
- -
38.14
32.9
27.65
12.71
11.55
11.61
13.47
15.62
8.39
13.14
8.33
6.98
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
963
1,656
1,153
LT Borrowings
726
462
377
LT Finance Leases
10
9
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
317
317
317
Market Capitalization
13,564
15,183
20,292

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,398
4,687
4,123
Cash, Cash Equivalents & STI
1,362
1,645
927
Accounts Receivable, Net
1,576
1,438
1,648
Inventories
864
995
978
Total Current Liabilities
3,625
4,424
4,032
Payables & Accruals
- -
- -
- -
ST Debt
963
1,656
1,153
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.24%
11.01%
4.54%
Free Cash Flow
-209.76%
-146.01%
-249.32%
Net Income, GAAP
11.64%
5.45%
-12.84%
Sales/Revenue/Turnover
19.18%
15.34%
21.11%
Total Cash Common Dividend
57.33%
42.48%
-8.4%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
977
1,171
1,160
1,258
4,566
2025
1,164
1,401
- -
1,498
5,530
2026
1,313
1,673
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
0.35
0.18
0.23
1.11
2025
0.35
0.26
- -
0.08
0.97
2026
0.06
0.21
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.51
0.19
0.03
0.76
2025
0.02
0.63
- -
0.02
0.69
2026
0.02
0.32
- -
- -
- -

Company Description

CEO
Zi Xiu He
Full Time Employees
5,991
Sector
Electronic technology
Industry
Electronic components
Address
Changchun Economic Development Zone Shenzhen GD China 413000
IPO Date
Dec 1, 2017
Website
askpcb.com
Business
Aoshikang Technology Co., Ltd. (002913.SZ) manufactures and sells printed circuit boards (PCBs) and related electronic interconnect solutions. The company produces high-density interconnect (HDI) PCBs, multilayer PCBs, flexible PCBs, rigid-flex PCBs, and metal-based PCBs; offers PCB design, fabrication, assembly, and testing services; and provides customized solutions for automotive electronics, telecommunications equipment, consumer electronics, industrial controls, and medical devices. Aoshikang operates production facilities primarily in China, with sales networks extending to Asia, Europe, and North America, and maintains its headquarters in Shenzhen, China, where it was founded in 2003. In recent developments, the company expanded its capacity through a new manufacturing base in Vietnam in 2024 to support global supply chain diversification; formed a strategic partnership with a leading automotive chip supplier in early 2025 for advanced HDI board production; and completed a RMB 500 million funding round in late 2024 to fund equipment upgrades and R&D in high-frequency PCBs for 5G and AI applications. These initiatives reflect Aoshikang's focus on the electronics manufacturing services segment, targeting Tier-1 OEMs and EMS providers in high-growth sectors.