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    Electrical products
Guangdong Rifeng Electric Co. Ltd. Class A

Guangdong Rifeng Electric Co. Ltd. Class A

SSZSE:002953
9.42
CNY
+0.08
(+0.86%)
4.29BMarket Cap
Guangdong Rifeng Electric Co. Ltd. Class A
SZSE:002953
(Shenzhen Stock Exchange)

Recent

price

9.42

P/E

ratio

- -

div

yld

1.25%

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
2.52
2.16
2.81
2.82
2.23
2.78
4.15
5.11
4.14
5.61
10.15
8.73
8.23
8.96
9.7
- -
Revenue per Share
0.14
0.08
0.11
0.11
0.08
0.16
0.2
0.38
0.29
0.36
0.4
0.21
0.32
0.35
0.34
- -
Basic EPS, GAAP
0.04
-0.05
-0.25
0.05
0.48
0.11
0.02
0.24
0.07
-0.81
-1.4
0.39
0.14
-0.06
0.35
- -
Free Cash Flow per Basic Share
0.18
0.09
0.15
0.14
0.07
0.03
0.07
0.08
0.07
0.08
0.14
0.13
0.09
0.11
0.13
0.12
Dividend per Share
0.48
0.55
0.7
0.76
0.83
1
1.2
1.58
2.31
2.5
3
3.21
3.84
4.04
4.45
4.52
Book Value per Share
0.3
0.37
0.53
0.53
0.61
0.78
0.96
1.34
2.14
2.34
2.6
2.67
3.36
3.61
4.07
4.14
Tangible Book Value per Share
262
281
288
303
304
302
305
304
372
291
317
404
458
459
466
479
Basic Weighted Avg Shares
660
605
812
856
677
840
1,264
1,554
1,540
1,629
3,217
3,526
3,765
4,113
4,518
- -
Sales/Revenue/Turnover
9.55
7.67
7.62
8.43
7.2
8.02
7.55
9.83
7.84
7.99
5.63
3.91
4.76
5.03
4.42
- -
Operating Margin (%)
7
8
10
13
13
13
14
16
18
20
39
56
62
67
78
- -
Depreciation Expense
38
21
32
32
23
50
62
116
108
105
127
84
146
161
158
- -
Net Income, GAAP
14.36
17.9
16.37
15.67
15.48
15.25
15.37
15.08
5.71
9.54
5.37
2.91
6.4
11.77
7.86
- -
Effective Tax Rate (%)
5.69
3.53
3.9
3.75
3.41
5.93
4.89
7.44
7.04
6.44
3.94
2.38
3.89
3.91
3.5
- -
Profit Margin (%)
34
26
60
59
102
152
186
292
714
685
1,209
1,113
972
1,101
1,360
1,333
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
20
513
481
96
195
174
116
LT Debt
146
167
215
232
255
304
366
482
941
1,032
1,248
1,347
1,766
1,859
2,198
2,231
Total Equity
- -
5.1
6.2
5.3
3.39
10.13
12
18.74
12.87
10
7.28
3.65
6.6
6.75
6.38
- -
Return on Invested Capital (%)
- -
9.28
10.62
9.78
7.38
12.42
15.38
22.51
15.09
10.58
9.85
5.95
7.52
7.44
6.67
- -
Return on Capital (%)
- -
13.64
16.6
14.37
9.5
17.83
18.43
27.25
15.24
10.65
11.21
6.53
9.48
8.92
7.85
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
287
456
411
LT Borrowings
174
170
101
LT Finance Leases
- -
15
15
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
492
492
492
Market Capitalization
5,643
5,634
4,287

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,729
3,023
3,010
Cash, Cash Equivalents & STI
508
480
284
Accounts Receivable, Net
1,226
1,388
1,518
Inventories
462
544
548
Total Current Liabilities
1,369
1,610
1,677
Payables & Accruals
- -
- -
- -
ST Debt
287
456
411
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.98%
16.69%
18.2%
Free Cash Flow
-82.35%
-194.57%
-727.55%
Net Income, GAAP
28.72%
13.97%
-1.46%
Sales/Revenue/Turnover
23.53%
26.59%
9.84%
Total Cash Common Dividend
19.55%
27.92%
13.01%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
912
1,167
982
1,052
4,113
2025
1,116
1,238
- -
1,000
4,518
2026
1,319
1,425
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.12
0.08
0.08
0.35
2025
0.1
0.15
- -
0.04
0.34
2026
0.09
0.08
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.09
0.01
- -
0.11
2025
0.01
0.11
- -
- -
0.13
2026
0.01
0.11
- -
- -
- -
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Business
Guangdong Rifeng Electric Cable Co., Ltd. engages in the research, development, design, manufacture and sale of rubber-sheathed cables and related wire components in China and internationally. The company produces a broad portfolio of products including special equipment cables, new energy cables, communication equipment components, air-conditioning connecting wire components, small household appliance wiring components, power cables, PVC cables, control cables, instrumentation cables, marine engineering cables, mining cables, computer and instrument cables, ocean surveying cables, dam and embankment observation cables, field bus cables, thermocouple extension and compensating cables, wind-driven generator cables, welding cables, rubber flexible flat cables and power cords; these products serve industries such as air conditioning, home appliances, wind power generation, new energy applications, high-end equipment manufacturing, building machinery, port machinery, petrochemicals, marine engineering, vehicles, vessels, robotics, power tools, electrical engineering, metallurgy, communications, environmental protection and dam embankment engineering. Founded in 2009 and headquartered in Guangfeng Industrial Zone, West District, Zhongshan, Guangdong Province, China, the company listed on the Shenzhen Stock Exchange in May 2019 under ticker 002953.SZ and holds certifications including ISO9001, ISO14001, BSI, VDE, UL, CSA, SAA, BV, China CCS, CCC, CE and MSHA. Recent developments include receipt of regulatory approval from the China Securities Regulatory Commission in September 2025 for issuing shares to specific investors, enabling capital raising of approximately CNY230 million; approval of final cash dividends for 2024 payable in May 2025; plans to conclude and repurpose its new energy and special equipment cable component project with permanent working capital supplementation; and an investment agreement signed for an industrial park project valued at about CNY2 billion. Guangdong Rifeng Electric Cable maintains operations primarily in China with export markets in North America, South America and Eastern Europe, employs around 2,839 people and reports revenue growth to CNY4.11 billion in 2024 from CNY3.77 billion in 2023 amid a market capitalization of approximately CNY5.94 billion.