Henan Carve Electronics Technology Co., Ltd.
301182 · SZSE · China
carve.com.cnFinancials as of FY2025
At a glance
- Depends onDownstream position: depends on 11 industries, supplies 6
- PositionGross margin is 1%, lower than 95% of its Electrical Equipment & Parts peers (median 22.8%)
- FinancialsLow earnings quality
Sign in to view price data.
Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
6.28BCNY933.01M · vs all stocks (USD)
Revenue (TTM)
841.16MCNY124.93M · vs all stocks (USD)
Profit Margin
-13.50%vs Electrical Equipment & Parts peers
Beta
0.6100xvs all stocks
52-Week Change
82.75%vs all stocks
Market Capitalization
6.28BCNY933.01M · vs all stocks (USD)
Enterprise Value
7.31BCNY1.09B · vs all stocks (USD)
Price to Sales (TTM)
8.33xvs Electrical Equipment & Parts peers
Price to Book (MRQ)
10.57xvs Electrical Equipment & Parts peers
Enterprise to Revenue
8.69xvs Electrical Equipment & Parts peers
Enterprise to EBITDA
-165.94xvs Electrical Equipment & Parts peers
Gross Margin
0.99%vs Electrical Equipment & Parts peers
Profit Margin
-13.50%vs Electrical Equipment & Parts peers
Operating Margin
-14.74%vs Electrical Equipment & Parts peers
Return on Assets (TTM)
-3.74%vs Electrical Equipment & Parts peers
Return on Equity (TTM)
-13.99%vs Electrical Equipment & Parts peers
Revenue (TTM)
841.16MCNY124.93M · vs all stocks (USD)
Revenue per Share (TTM)
8.76CNYUpdated Aug 20, 2026Quarterly Revenue Growth
59.50%vs Electrical Equipment & Parts peers
Gross Profit (TTM)
24.78MCNY3.68M · vs all stocks (USD)
EBITDA (TTM)
4.44MCNY659.47K · vs all stocks (USD)
Net Income (TTM)
-113.53MCNY-16.86M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
33.52%vs Electrical Equipment & Parts peers
Operating Cash Flow (TTM)
-100.08MCNY-14.86M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
89.13MCNY13.24M · vs all stocks (USD)
Payout Ratio
0.00%vs Electrical Equipment & Parts peers
Minority Interest (Equity)
22.05MCNYFY2025 · Dec 31, 2025Revenue
762.39MCNYFY2025 · Dec 31, 2025Cost of Goods Sold
732.76MCNYFY2025 · Dec 31, 2025Gross Profit
29.63MCNYFY2025 · Dec 31, 2025Operating Income
-88.64MCNY-13.17M · vs all stocks (USD)
Pre-tax Income
-135.55MCNYFY2025 · Dec 31, 2025Income Tax Expense
-28.62MCNYFY2025 · Dec 31, 2025Net Income
-106.93MCNYFY2025 · Dec 31, 2025EBIT
-125.51MCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
4.44MCNYFY2025 · Dec 31, 2025Research & Development
45.44MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
21.11MCNYFY2025 · Dec 31, 2025Other Operating Expenses
4.22MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
449.19KCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
10.03MCNYFY2025 · Dec 31, 2025EPS (Basic)
-1.21CNYFY2025 · Dec 31, 2025EPS (Diluted)
-1.21CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
96.05MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
96.05MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-106.93MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
-9.28MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
-60.78MCNYFY2025 · Dec 31, 2025Free Cash Flow
-86.20MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
134.99MCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-106.93MCNYFY2025 · Dec 31, 2025Other Non-cash Items
33.02MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-87.74MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
100.88MCNYFY2025 · Dec 31, 2025Capital Expenditures
-25.41MCNYFY2025 · Dec 31, 2025Other Investing Activity
90.55MCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
65.13MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
270.73MCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-182.74MCNYFY2025 · Dec 31, 2025Common Dividends Paid
-5.70MCNYFY2025 · Dec 31, 2025Other Financing Charges
-26.01MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
56.29MCNYFY2025 · Dec 31, 2025Shares Outstanding
95.82MSharesUpdated Aug 20, 2026Float Shares
33.10MSharesUpdated Aug 20, 2026% Held by Insiders
67.49%vs all stocks
% Held by Institutions
0.19%vs all stocks
Total Cash (MRQ)
120.57MCNY17.91M · vs all stocks (USD)
Total Cash per Share (MRQ)
1.26CNYUpdated Aug 20, 2026Total Debt (MRQ)
284.35MCNY42.23M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.4146xvs Electrical Equipment & Parts peers
Current Ratio (MRQ)
1.07xvs Electrical Equipment & Parts peers
Book Value per Share (MRQ)
6.92CNYUpdated Aug 20, 2026Total Assets
1.75BCNY260.41M · vs all stocks (USD)
Total Current Assets
1.08BCNYFY2025 · Dec 31, 2025Total Liabilities
1.03BCNYFY2025 · Dec 31, 2025Total Non-current Assets
673.95MCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
91.85MCNYFY2025 · Dec 31, 2025Total Current Liabilities
942.77MCNYFY2025 · Dec 31, 2025Cash
135.39MCNYFY2025 · Dec 31, 2025Cash Equivalents
17.79MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
153.18MCNYFY2025 · Dec 31, 2025Accounts Receivable
388.56MCNYFY2025 · Dec 31, 2025Inventory
357.35MCNYFY2025 · Dec 31, 2025Accounts Payable
642.59MCNYFY2025 · Dec 31, 2025Short-term Debt
246.89MCNYFY2025 · Dec 31, 2025Other Current Liabilities
8.42MCNYFY2025 · Dec 31, 2025Long-term Debt
44.38MCNYFY2025 · Dec 31, 2025Common Stock (Book)
95.82MCNYFY2025 · Dec 31, 2025Retained Earnings
-145.08MCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
718.77MCNY106.75M · vs all stocks (USD)
52-Week Low
31.60CNYUpdated Aug 20, 202652-Week High
121.75CNYUpdated Aug 20, 202652-Week Change
82.75%vs all stocks
Beta
0.6100xvs all stocks
50-Day MA
79.70CNYUpdated Aug 20, 2026200-Day MA
59.68CNYUpdated Aug 20, 2026Avg 10-Day Volume
4.82MSharesUpdated Aug 20, 2026Avg 30-Day Volume
4.14MSharesUpdated Aug 20, 2026Diluted EPS (TTM)
-1.18CNYUpdated Aug 20, 2026Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Gross margin is 1%, lower than 95% of its Electrical Equipment & Parts peers (median 22.8%)Significant
Gross margin: 0.01Industry median: 0.23Industry P5: 0.05Peers compared: 158
Financial Health
Low earnings qualitySignificant
Earnings Quality Score: -0.58
Altman Z-Score 3.82: safe zoneNotable
Altman Z-Score: 3.82
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
Companies that share the same coordination system — how they create, deliver, or capture value.
Zhejiang Xinhua Chemical Co., Ltd.
Tier 1ProductionThroughput-Bound ConversionSenseMakingFlow
Nanjing Cigu Technology Co., Ltd.
Tier 1ProductionThroughput-Bound ConversionFlowRule
Tokyo Steel Manufacturing Co. Ltd.
Tier 1ProductionThroughput-Bound ConversionFlowRule
Jiangsu Yinhe Electronics Co., Ltd.
Tier 1ProductionThroughput-Bound ConversionRuleFlow
Episil-Precision Inc.
Tier 1ProductionThroughput-Bound ConversionSenseMakingFlow
Banco Products (India) Ltd.
Tier 1ProductionThroughput-Bound ConversionFlowRule
Beken Corporation
Tier 1ProductionThroughput-Bound ConversionFlowRule
Jinlei Technology Co., Ltd.
Tier 1ProductionThroughput-Bound ConversionRuleSenseMaking
Zhenjiang Dongfang Electric Co., Ltd.
Tier 1ProductionThroughput-Bound ConversionFlowRule
KC Tech Co., Ltd.
Tier 1ProductionThroughput-Bound ConversionFlowRule