What the company actually pays, and whether its own cash supports it.
What stands out
Pays more per share than it earned over the last twelve months
Dividends view
Yield
3.31%Above 5Y avg (1.89%)
Annual Rate
CNY 1.20Paid semi-annual
Payout Ratio
139.5%High
Payback Period
26.9 yr
Last Ex-Dividend
May 28, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
10.03BCNY
1.50B · vs all stocks (USD)
Updated Sep 21, 2026
Trailing P/E
42.44x
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Revenue (TTM)
7.07BCNY
1.06B · vs all stocks (USD)
Updated Sep 21, 2026
Profit Margin
7.40%
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Beta
0.5820x
vs all stocks
Updated Sep 21, 2026
52-Week Change
-22.31%
vs all stocks
Updated Sep 21, 2026
Forward Annual Dividend Yield
3.31%
vs all stocks
Updated Sep 21, 2026
Market Capitalization
10.03BCNY
1.50B · vs all stocks (USD)
Updated Sep 21, 2026
Enterprise Value
9.64BCNY
1.44B · vs all stocks (USD)
Updated Sep 21, 2026
Trailing P/E
42.44x
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Forward P/E
14.09x
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Price to Sales (TTM)
1.43x
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Price to Book (MRQ)
2.13x
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Enterprise to Revenue
1.36x
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Enterprise to EBITDA
12.61x
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Profit Margin
7.40%
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Operating Margin
0.21%
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Return on Assets (TTM)
3.78%
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Return on Equity (TTM)
11.13%
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Revenue (TTM)
7.07BCNY
1.06B · vs all stocks (USD)
Updated Sep 21, 2026
Revenue per Share (TTM)
25.70CNYUpdated Sep 21, 2026
Quarterly Revenue Growth
268.60%
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Gross Profit (TTM)
1.36BCNY
203.38M · vs all stocks (USD)
Updated Sep 21, 2026
EBITDA (TTM)
779.85MCNY
116.45M · vs all stocks (USD)
Updated Sep 21, 2026
Net Income (TTM)
522.92MCNY
78.09M · vs all stocks (USD)
Updated Sep 21, 2026
Quarterly Earnings Growth (YoY)
268.65%
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Operating Cash Flow (TTM)
789.30MCNY
117.87M · vs all stocks (USD)
Updated Sep 21, 2026
Levered Free Cash Flow (TTM)
528.11MCNY
78.86M · vs all stocks (USD)
Updated Sep 21, 2026
Forward Annual Dividend Rate
1.20CNYUpdated Sep 21, 2026
Forward Annual Dividend Yield
3.31%
vs all stocks
Updated Sep 21, 2026
Trailing Annual Dividend Rate
1.20CNYUpdated Sep 21, 2026
Trailing Annual Dividend Yield
3.31%
vs all stocks
Updated Sep 21, 2026
5-Year Average Dividend Yield
1.89%
vs all stocks
Updated Sep 21, 2026
Payout Ratio
139.53%
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Minority Interest (Equity)
144.50MCNYFY2025 · Dec 31, 2025
Revenue
7.15BCNYFY2025 · Dec 31, 2025
Cost of Goods Sold
5.78BCNYFY2025 · Dec 31, 2025
Gross Profit
1.37BCNYFY2025 · Dec 31, 2025
Operating Income
523.62MCNY
78.19M · vs all stocks (USD)
FY2025 · Dec 31, 2025
Pre-tax Income
520.54MCNYFY2025 · Dec 31, 2025
Income Tax Expense
47.15MCNYFY2025 · Dec 31, 2025
Net Income
473.39MCNYFY2025 · Dec 31, 2025
EBIT
531.98MCNYFY2025 · Dec 31, 2025
EBITDA (Income Statement)
779.85MCNYFY2025 · Dec 31, 2025
Research & Development
390.94MCNYFY2025 · Dec 31, 2025
Selling, General & Administrative
178.86MCNYFY2025 · Dec 31, 2025
Other Operating Expenses
37.45MCNYFY2025 · Dec 31, 2025
Non-operating Interest Income
52.92MCNYFY2025 · Dec 31, 2025
Non-operating Interest Expense
11.44MCNYFY2025 · Dec 31, 2025
EPS (Basic)
1.54CNYFY2025 · Dec 31, 2025
EPS (Diluted)
1.54CNYFY2025 · Dec 31, 2025
Basic Shares Outstanding
274.28MSharesFY2025 · Dec 31, 2025
Diluted Shares Outstanding
274.28MSharesFY2025 · Dec 31, 2025
Net Income from Continuing Operations
473.39MCNYFY2025 · Dec 31, 2025
Minority Interests (P&L)
-51.01MCNYFY2025 · Dec 31, 2025
Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025
Operating Cash Flow
122.99MCNYFY2025 · Dec 31, 2025
Free Cash Flow
-187.52MCNYFY2025 · Dec 31, 2025
Cash & Cash Equivalents (End of Period)
848.98MCNYFY2025 · Dec 31, 2025
Starting Profit (CF Statement)
473.39MCNYFY2025 · Dec 31, 2025
Other Non-cash Items
64.79MCNYFY2025 · Dec 31, 2025
Change in Accounts Receivable (CF)
-253.34MCNYFY2025 · Dec 31, 2025
Change in Other Assets/Liabilities
-161.85MCNYFY2025 · Dec 31, 2025
Capital Expenditures
-310.52MCNYFY2025 · Dec 31, 2025
Purchase of Investments
-8.65BCNYFY2025 · Dec 31, 2025
Sale of Investments
8.05BCNYFY2025 · Dec 31, 2025
Other Investing Activity
-26.78MCNYFY2025 · Dec 31, 2025
Net Investing Cash Flow
-929.06MCNYFY2025 · Dec 31, 2025
Long-term Debt Issuance
637.09MCNYFY2025 · Dec 31, 2025
Long-term Debt Payments
-273.91MCNYFY2025 · Dec 31, 2025
Common Dividends Paid
-420.33MCNYFY2025 · Dec 31, 2025
Other Financing Charges
-39.81MCNYFY2025 · Dec 31, 2025
Net Financing Cash Flow
-96.96MCNYFY2025 · Dec 31, 2025
Shares Outstanding
276.04MSharesUpdated Sep 21, 2026
Float Shares
101.46MSharesUpdated Sep 21, 2026
% Held by Insiders
60.63%
vs all stocks
Updated Sep 21, 2026
% Held by Institutions
8.39%
vs all stocks
Updated Sep 21, 2026
Total Cash (MRQ)
3.61BCNY
539.45M · vs all stocks (USD)
Updated Sep 21, 2026
Total Cash per Share (MRQ)
13.26CNYUpdated Sep 21, 2026
Total Debt (MRQ)
3.12BCNY
466.08M · vs all stocks (USD)
Updated Sep 21, 2026
Total Debt to Equity (MRQ)
0.6429x
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Current Ratio (MRQ)
1.72x
vs Electrical Equipment & Parts peers
Updated Sep 21, 2026
Book Value per Share (MRQ)
17.14CNYUpdated Sep 21, 2026
Total Assets
9.87BCNY
1.47B · vs all stocks (USD)
FY2025 · Dec 31, 2025
Total Current Assets
7.25BCNYFY2025 · Dec 31, 2025
Total Liabilities
4.89BCNYFY2025 · Dec 31, 2025
Total Non-current Assets
2.62BCNYFY2025 · Dec 31, 2025
Total Non-current Liabilities
303.46MCNYFY2025 · Dec 31, 2025
Total Current Liabilities
4.59BCNYFY2025 · Dec 31, 2025
Cash
1.42BCNYFY2025 · Dec 31, 2025
Cash Equivalents
862.50MCNYFY2025 · Dec 31, 2025
Cash & Cash Equivalents
2.29BCNYFY2025 · Dec 31, 2025
Other Short-term Investments
1.52BCNYFY2025 · Dec 31, 2025
Accounts Receivable
1.91BCNYFY2025 · Dec 31, 2025
Inventory
939.72MCNYFY2025 · Dec 31, 2025
Accounts Payable
3.64BCNYFY2025 · Dec 31, 2025
Short-term Debt
617.04MCNYFY2025 · Dec 31, 2025
Other Current Liabilities
25.55MCNYFY2025 · Dec 31, 2025
Long-term Debt
61.74MCNYFY2025 · Dec 31, 2025
Other Non-current Liabilities
16.89MCNYFY2025 · Dec 31, 2025
Common Stock (Book)
276.04MCNYFY2025 · Dec 31, 2025
Retained Earnings
1.76BCNYFY2025 · Dec 31, 2025
Total Shareholders' Equity
4.98BCNY
743.43M · vs all stocks (USD)
FY2025 · Dec 31, 2025
Treasury Stock
124.95MCNYFY2025 · Dec 31, 2025
52-Week Low
33.02CNYUpdated Sep 21, 2026
52-Week High
75.66CNYUpdated Sep 21, 2026
52-Week Change
-22.31%
vs all stocks
Updated Sep 21, 2026
Beta
0.5820x
vs all stocks
Updated Sep 21, 2026
50-Day MA
38.39CNYUpdated Sep 21, 2026
200-Day MA
48.81CNYUpdated Sep 21, 2026
Avg 10-Day Volume
4.55MSharesUpdated Sep 21, 2026
Avg 30-Day Volume
5.43MSharesUpdated Sep 21, 2026
Diluted EPS (TTM)
0.8600CNYUpdated Sep 21, 2026
1 interpretation currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Revenue has risen in each of three years, gross profit in each of four, and it has made a profit in all five.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Pays more per share than it earned over the last twelve monthsSignificant
Payout Ratio: 1.40Dividend per Share: 1.20Earnings per Share: 0.86
Financial Health
Altman Z-Score 2.7: safe zoneNotable
Altman Z-Score: 2.70
Supply Chain
Downstream position: depends on 11 industries, supplies 6Notable
Outgoing: 6.00Incoming: 11.00
High connectivity hub: 17 industry connectionsNotable
Total Connections: 17.00
Scale
Market cap is $1.5B, above the global median of $1.18BNotable
Market cap (USD): 1,497,148,652.224Global Median: 1,180,223,658.953
Revenue is $1.06B, above the global median of $548.88MNotable