000400.SHE XJ Electric Co Ltd
- Market cap
- CNY 22.4B
- P/E
- 25.9x
- P/B
- 1.80x
- ROE
- 6.4%
- Dividend yield
- 2.16%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000400.SHE undervalued?
Graham number000400.SHE trades 44.0% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
XJ Electric Co Ltd fundamental analysis
No fundamental analysis for XJ Electric Co Ltd yet.
XJ Electric Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About XJ Electric Co Ltd
XJ Electric Co., Ltd. provides energy and power and technology equipment in China and internationally. It offers DC transmission products and services, including DC transmission converter valves, DC flow measurement equipment, DC transmission control and protection systems, DC simulation systems, digital converter stations, and converter valve cooling equipment, as well as prefabricated substation. The company also provides smart meter products, consisting of smart electrici…
Full company profileXJ Electric Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
XJ Electric Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 9.61B | 10.3B | 8.22B | 10.9B | 11.2B | 12.0B | 15.0B | 17.1B | 17.1B | 15.0B | 13.4B |
| Gross Profit | 2.21B | 2.11B | 1.43B | 1.98B | 2.25B | 2.46B | 2.91B | 3.06B | 3.54B | 3.50B | 2.61B |
| Operating Income | 967M | 789M | 308M | 600M | 888M | 924M | 1.09B | 1.22B | 1.39B | 1.44B | 989M |
| EBITDA | 1.26B | 988M | 547M | 833M | 1.18B | 1.27B | 1.43B | 1.55B | 1.73B | 1.83B | 979M |
| Net Income | 869M | 614M | 200M | 471M | 716M | 724M | 785M | 1.01B | 1.12B | 1.17B | 801M |
| EPS | 0.86 | 0.61 | 0.20 | 0.47 | 0.71 | 0.72 | 0.75 | 1.00 | 1.10 | 1.15 | 0.79 |
| Balance Sheet | |||||||||||
| Total Assets | 14.3B | 15.3B | 14.6B | 16.0B | 16.8B | 17.7B | 19.4B | 21.9B | 25.3B | 26.3B | 26.2B |
| Total Liabilities | 6.75B | 7.18B | 6.22B | 7.07B | 7.65B | 7.51B | 8.30B | 10.2B | 12.9B | 12.9B | 12.5B |
| Shareholders' Equity | 7.06B | 7.58B | 7.76B | 8.41B | 8.67B | 9.42B | 10.3B | 10.7B | 11.3B | 12.2B | 12.4B |
| Cash & Short-term Investments | 1.80B | 1.34B | 975M | 1.40B | 1.74B | 2.85B | 3.70B | 5.02B | 5.55B | 7.53B | 5.53B |
| Total Debt | 817M | 698M | 102M | 591M | 835M | 828M | 14.2M | 19.5M | 256M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 1.25B | -34.9M | 463M | 172M | 783M | 1.30B | 1.76B | 2.75B | 1.30B | 2.67B | - |
| Capital Expenditure | 179M | 152M | 101M | 81.6M | 66.9M | 150M | 108M | 212M | 390M | 248M | 237M |
| Free Cash Flow | 1.07B | -187M | 362M | -5.54M | 717M | 1.15B | 1.62B | 2.54B | 909M | 2.42B | -2.07B |
| Ratios | |||||||||||
| ROE | 12.3% | 8.1% | 2.6% | 5.6% | 8.3% | 7.7% | 7.6% | 9.4% | 9.9% | 9.6% | 6.4% |
| ROA | 6.1% | 4.0% | 1.4% | 2.9% | 4.2% | 4.1% | 4.0% | 4.6% | 4.4% | 4.4% | 3.1% |
| Net Profit Margin | 9.0% | 5.9% | 2.4% | 4.3% | 6.4% | 6.0% | 5.2% | 5.9% | 6.5% | 7.8% | 6.0% |
| Debt to Equity | 0.12x | 0.09x | 0.01x | 0.07x | 0.10x | 0.09x | 0.00x | 0.00x | 0.02x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
XJ Electric Co Ltd dividends
- Dividend yield
- 2.16%
- Forward dividend
- 0.39 CNY
- Payout ratio
- 41.5%
- Ex-dividend date
- Sep 28, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 485M | 0.48 | 41.5% |
| 2024 | CNY 491M | 0.48 | 44.0% |
| 2023 | CNY 195M | 0.19 | 19.4% |
| 2022 | CNY 136M | 0.13 | 17.3% |
| 2021 | CNY 177M | 0.18 | 24.5% |
| 2020 | CNY 101M | 0.10 | 14.2% |
| 2019 | CNY 48.4M | 0.05 | 10.3% |
| 2018 | CNY 71.2M | 0.07 | 35.7% |
| 2017 | CNY 91.4M | 0.09 | 14.9% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 15:10 on Jun 17, 2014.
Who owns XJ Electric Co Ltd
- Insiders 38.26%
- Institutions 5.20%
- Public & others 56.54%
- Shares outstanding 1.02B
- Free float 632M
XJ Electric Co Ltd company profile
- Company name
- XJ Electric Co Ltd
- Ticker
- 000400.SHE
- ISIN
- CNE0000007F6
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Apr 9, 1997
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 5,987
- Fiscal year end
- December
- Address
- No.1298, Xuji Avenue, Xuchang, China, 461000
- Phone
- 86 37 4321 2348
- Website
- xjec.com
About XJ Electric Co Ltd
XJ Electric Co., Ltd. provides energy and power and technology equipment in China and internationally. It offers DC transmission products and services, including DC transmission converter valves, DC flow measurement equipment, DC transmission control and protection systems, DC simulation systems, digital converter stations, and converter valve cooling equipment, as well as prefabricated substation. The company also provides smart meter products, consisting of smart electricity terminals, electricity consumption data acquisition systems, etc.; and intelligent medium-voltage power supply and utilization solutions comprising switches, transformers, reactors, arc suppression lines, ring grounding equipment, ring network cabinets, etc. In addition, it offers new energy and system integration services, such as engineering consulting, design, system integration, engineering general contracting and other services for new energy, energy storage and other services, as well as provides solutions for hydrogen power supply and off-grid hydrogen production. Further, the company is involved in the electric vehicle charging and swapping equipment; and processes and manufactures of chassis, cabinets, outdoor boxes, switch mechanisms, structural product design and manufacture, electronic screen cabinet assemblies, surface coatings, and other processing and manufacturing businesses. Additionally, it provides intelligent power distribution systems that include relay protection systems, substation monitoring systems, intelligent substation systems, industrial control systems, distribution terminals, and distribution network automation systems; and offers technical, product, and support services for the production, transmission, distribution, and efficient utilization of clean energy. XJ Electric Co., Ltd. was founded in 1993 and is based in Xuchang, China.
XJ Electric Co Ltd management
4- Mr. Fei LuChief Accountant & General Counsel · born 1978
- Mr. Zhanfeng FanDeputy General Manager · born 1974
- Mr. Yi ZhaoDeputy General Manager · born 1975
- Mr. Guilong WanBoard Secretary · born 1982