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Ceyear Technologies Co., Ltd. Class A

Ceyear Technologies Co., Ltd. Class A

SSZSE:301689
55.70
CNY
+2.07
(+3.86%)
Ceyear Technologies Co., Ltd. Class A
SZSE:301689
(Shenzhen Stock Exchange)

Recent

price

55.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
CNY
2.92
1.68
1.82
2.4
2.61
2.47
2.9
- -
Revenue per Share
-0.28
0.16
0.23
0.28
0.23
0.33
0.53
- -
Basic EPS, GAAP
-0.62
-0.05
0.52
0.27
-0.08
0.21
0.53
- -
Free Cash Flow per Basic Share
0.06
0.01
0.07
0.08
0.14
0.13
- -
- -
Dividend per Share
2.38
2.1
2.04
32.53
34
36.96
44.74
2.96
Book Value per Share
2.34
2.09
2.02
31.99
33.33
36.17
43.86
2.91
Tangible Book Value per Share
271
744
832
814
826
832
827
928
Basic Weighted Avg Shares
792
1,251
1,513
1,949
2,153
2,052
2,398
- -
Sales/Revenue/Turnover
-6.36
12.87
15.63
14.64
11.02
14.58
21.27
- -
Operating Margin (%)
43
43
75
77
94
97
94
- -
Depreciation Expense
-76
119
191
228
190
275
438
- -
Net Income, GAAP
- -
8.28
5.72
4.94
- -
- -
2.25
- -
Effective Tax Rate (%)
-9.58
9.52
12.64
11.69
8.82
13.38
18.27
- -
Profit Margin (%)
387
1,273
1,446
1,654
1,618
1,850
2,317
2,543
Working Capital
- -
83
85
56
32
15
11
17
LT Debt
644
1,565
1,701
1,872
1,957
2,127
2,575
2,748
Total Equity
- -
9.7
10.6
12.02
- -
- -
19.1
- -
Return on Invested Capital (%)
- -
10.14
11.31
12.34
- -
- -
18.5
- -
Return on Capital (%)
- -
10.78
11.72
12.75
9.92
13.45
18.64
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'22
Dec'25
Jun'26
ST Debt
28
8
12
LT Borrowings
- -
- -
- -
LT Finance Leases
56
11
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
928
Market Capitalization
- -
- -
- -

Working Capital

CNY

•

in mil. unless spec.
Dec'22
Dec'25
Jun'26
Total Current Assets
3,283
3,650
3,737
Cash, Cash Equivalents & STI
1,397
1,653
1,533
Accounts Receivable, Net
279
689
788
Inventories
1,411
1,068
1,286
Total Current Liabilities
1,628
1,333
1,194
Payables & Accruals
- -
- -
- -
ST Debt
28
8
12
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10.61%
21.05%
Free Cash Flow
- -
-358.95%
154.86%
Net Income, GAAP
- -
33.47%
59.59%
Sales/Revenue/Turnover
- -
14.49%
16.89%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2,052
2025
- -
- -
- -
- -
2,398
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.33
2025
- -
- -
- -
- -
0.53
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.13
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Ceyear Technologies Co., Ltd. is a China-based company primarily engaged in the research, development, manufacture, and distribution of electronic test and measurement instruments, automatic testing systems, and high-frequency microwave and millimeter-wave components. The company operates through several core product and service categories, including microwave and millimeter-wave measurement instruments, offering vector network analyzers, signal generators, spectrum and signal analyzers, noise figure analyzers, RF power meters, and frequency counters; optical and communications test solutions, providing optical spectrum analyzers, optical time-domain reflectometers (OTDRs), optical power meters, and 5G/6G wireless communication test sets; general-purpose electronic instruments, comprising digital storage oscilloscopes, arbitrary waveform generators, and programmable direct current and alternating current power supplies; automated test systems and modular platforms, including PXI and VXI bus instruments, electromagnetic compatibility (EMC) test systems, and antenna measurement systems; RF and millimeter-wave microelectronic components, producing power amplifiers, filters, attenuators, coaxial switches, and precision connectors; and comprehensive technical services, encompassing system integration, custom software engineering, instrument calibration, and maintenance support. Ceyear Technologies serves diverse sectors, including telecommunications, aerospace, radar and satellite navigation, semiconductor fabrication, new energy automotive electronics, and scientific research and academic institutions. Founded in 2015 based on the technical heritage of the 40th and 41st Research Institutes of China Electronics Technology Group Corporation (CETC), which traces its origins to 1968, the company is headquartered in Qingdao, Shandong Province, China, and operates manufacturing and research facilities in Qingdao and Bengbu, Anhui Province, with product distribution across domestic and international markets in Asia and Europe. In September 2026, Ceyear Technologies completed its initial public offering (IPO) and listed its Class A shares on the ChiNext board of the Shenzhen Stock Exchange (SZSE: 301689), raising capital to accelerate the development of advanced terahertz measurement systems, high-bandwidth communication test instruments, and expanded automated testing capacity.