Chengdu Spaceon Electronics Co. Ltd. Class A

Chengdu Spaceon Electronics Co. Ltd. Class A

SSZSE:002935
15.25
CNY
+0.22
(+1.46%)
0.17EPS
126.09P/E
9.30BMarket Cap
Oct 29Next 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
1.83
1.96
2.22
2.41
2.59
2.46
2.05
2.17
2.47
2.87
2.61
2.27
2.32
2.3
Basic EPS, GAAP
0.23
0.22
0.27
0.26
0.29
0.28
0.26
0.24
0.28
0.27
0.21
0.15
0.15
0.17
Free Cash Flow per Basic Share
- -
- -
-0.01
-0.19
0.29
0.21
-0.07
-0.11
0.06
0.46
-0.68
0.18
0.1
- -
Dividend per Share
0.01
0.21
0.01
0.06
0.05
0.01
0.06
0.08
0.12
0.07
0.1
0.07
0.05
- -
Book Value per Share
1.16
1.18
1.45
1.66
1.92
2.8
3
3.19
3.35
3.5
3.62
3.72
3.82
3.79
Tangible Book Value per Share
1.13
1.15
1.42
1.64
1.89
2.78
2.98
3.17
3.33
3.48
3.59
3.69
3.79
3.76
Basic Weighted Avg Shares
277
316
316
316
316
352
422
422
422
422
425
425
422
423
Sales/Revenue/Turnover
506
619
703
761
820
864
867
916
1,043
1,211
1,109
964
980
973
Operating Margin (%)
15.61
13.73
13.03
12.42
13.48
13.22
13.81
11.85
11.34
10.02
9.45
8.68
8.4
8.71
Depreciation Expense
- -
- -
8
9
14
13
14
9
12
18
23
23
25
- -
Net Income, GAAP
64
69
84
84
93
97
111
101
118
112
87
64
65
74
Effective Tax Rate (%)
15.63
15.52
12.78
11.86
11.23
9.45
9.08
7.46
5.57
3.77
5.92
6.01
6.38
7
Profit Margin (%)
12.61
11.21
11.94
11.01
11.28
11.24
12.86
11.07
11.35
9.29
7.86
6.66
6.61
7.56
Working Capital
338
352
437
486
575
1,138
1,164
1,181
1,166
1,237
1,281
1,311
1,349
1,345
LT Debt
- -
- -
- -
- -
- -
- -
- -
8
6
3
2
- -
- -
4
Total Equity
368
372
459
527
607
1,181
1,266
1,346
1,413
1,501
1,553
1,586
1,621
1,609
Return on Invested Capital (%)
16.45
15.56
16.8
12.96
14.14
10.75
9.02
7.7
8.71
7.77
5.8
4.23
4.28
4.66
Return on Capital (%)
18.78
17.27
18.78
14.89
14.79
10.93
9
7.63
8.58
7.71
5.71
4.09
4.04
4.61
Return on Common Equity (%)
21.52
18.76
20.21
17.01
16.32
10.86
9.11
7.77
8.58
7.72
5.71
4.09
4.04
4.61

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
424
424
424
Market Capitalization
9,479
7,850
9,305

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,725
2,655
2,391
Cash, Cash Equivalents & STI
483
360
416
Accounts Receivable, Net
832
825
882
Inventories
843
893
921
Total Current Liabilities
1,376
1,308
1,046
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.71%
3.79%
2.2%
Free Cash Flow
182.94%
31.16%
-44.81%
Net Income, GAAP
-1.52%
-7.24%
0.96%
Sales/Revenue/Turnover
3.75%
2.02%
1.65%
Total Cash Common Dividend
139.55%
-0.74%
-25%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
107
272
198
387
964
2025
92
226
- -
444
980
2026
100
202
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
0.06
- -
0.11
0.15
2025
-0.02
0.03
- -
0.12
0.15
2026
-0.01
0.03
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.07
2025
- -
- -
- -
- -
0.05
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jiang Liu
Full Time Employees
557
Sector
Electronic technology
Industry
Telecommunications equipment
Address
No. 66, Shengye Road Chengdu SI China 610036
IPO Date
Aug 23, 2018
Business
Chengdu Spaceon Electronics Co., Ltd. Chengdu Spaceon Electronics Co., Ltd. (002935.SZ) engages in the research, development, design, production, and sale of time-frequency products and BeiDou satellite application products primarily for aerospace, satellite navigation, military, defense, telecommunications, and civilian applications in China and internationally. The company offers a comprehensive range of core products including atomic clocks, crystal oscillators and devices, frequency components, synthesizers, and equipment; time-frequency boards and modules; time synchronization systems and network time servers; crystal filters; and electronic power supplies; as well as BeiDou satellite applications such as satellite watches for business, leisure, outdoor, sports, command coordination, and time unification purposes, and emergency warning communication terminals. Founded in 2004 and headquartered in Chengdu, Sichuan Province, China, the company employs approximately 601 people, operates a national enterprise technology center, holds numerous patents, and maintains Beidou navigation civil division and terminal service qualifications, with products contributing to major national projects like the lunar exploration and Beidou satellite navigation systems. In recent developments, Chengdu Spaceon Electronics launched a coherent population trapping (CPT) atomic clock designed for satellite applications in 2024 and began small-batch applications of chip atomic clocks; its branch products have established cooperation with a well-known domestic private enterprise; and the company approved a final cash dividend on A shares for 2024, payable in June 2025.