002028.SHE Sieyuan Electric Co Ltd
- Market cap
- CNY 80.2B
- P/E
- 24.0x
- P/B
- 4.57x
- ROE
- 18.2%
- Dividend yield
- 0.49%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002028.SHE undervalued?
Graham number002028.SHE trades 120.9% 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?
Sieyuan Electric Co Ltd fundamental analysis
No fundamental analysis for Sieyuan Electric Co Ltd yet.
Sieyuan Electric Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Sieyuan Electric Co Ltd
Sieyuan Electric Co., Ltd. engages in design, research and development, manufacturing, sale, service, and EPC of power transmission and distribution equipment in China, North America, Australia, Europe, Southeast Asia, and internationally. The company offers transmission and transformation products, such as FACTS, HVDC, High-voltage substation, power transformer, high-voltage switchgear, HV, circuit breaker and disconnector, substation automation, high voltage instrument tra…
Full company profileSieyuan 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.
Sieyuan 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 | 4.40B | 4.49B | 4.81B | 6.38B | 7.37B | 8.70B | 10.5B | 12.5B | 15.5B | 21.2B | 23.7B |
| Gross Profit | 1.55B | 1.45B | 1.47B | 1.86B | 2.16B | 2.65B | 2.78B | 3.67B | 4.80B | 3.72B | 7.25B |
| Operating Income | 429M | 277M | 275M | 628M | 1.12B | 1.41B | 1.34B | 1.78B | 2.43B | 3.72B | 4.43B |
| EBITDA | 476M | 335M | 312M | 648M | 1.13B | 1.41B | 1.38B | 1.88B | 2.53B | 3.94B | 3.98B |
| Net Income | 351M | 249M | 295M | 558M | 933M | 1.20B | 1.22B | 1.56B | 2.05B | 3.16B | 3.20B |
| EPS | 0.46 | 0.33 | 0.39 | 0.73 | 1.22 | 1.56 | 1.59 | 2.02 | 2.64 | 4.05 | 4.07 |
| Balance Sheet | |||||||||||
| Total Assets | 6.46B | 6.79B | 7.58B | 8.87B | 11.1B | 13.9B | 15.7B | 18.7B | 23.5B | 29.8B | 34.8B |
| Total Liabilities | 2.11B | 2.28B | 2.87B | 3.67B | 4.40B | 5.32B | 6.28B | 8.07B | 10.8B | 14.0B | 16.8B |
| Shareholders' Equity | 4.20B | 4.36B | 4.57B | 5.04B | 6.52B | 8.37B | 9.17B | 10.4B | 12.4B | 15.5B | 17.6B |
| Cash & Short-term Investments | 1.43B | 1.96B | 1.35B | 1.95B | 2.34B | 2.04B | 3.62B | 4.94B | 6.68B | 4.93B | 3.76B |
| Total Debt | 246M | 329M | 105M | 31.2M | 77.6M | 58.8M | 123M | 125M | 193M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 170M | 486M | 174M | 831M | 818M | 383M | 1.05B | 2.27B | 2.46B | 2.23B | - |
| Capital Expenditure | 66.2M | 52.4M | 59.3M | 147M | 317M | 540M | 445M | 733M | 922M | 821M | 921M |
| Free Cash Flow | 104M | 433M | 115M | 684M | 500M | -156M | 610M | 1.54B | 1.54B | 1.41B | 390M |
| Ratios | |||||||||||
| ROE | 8.4% | 5.7% | 6.4% | 11.1% | 14.3% | 14.3% | 13.3% | 15.0% | 16.6% | 20.4% | 18.2% |
| ROA | 5.4% | 3.7% | 3.9% | 6.3% | 8.4% | 8.6% | 7.8% | 8.3% | 8.7% | 10.6% | 9.2% |
| Net Profit Margin | 8.0% | 5.5% | 6.1% | 8.7% | 12.7% | 13.8% | 11.6% | 12.5% | 13.3% | 14.9% | 13.5% |
| Debt to Equity | 0.06x | 0.08x | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 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.
Sieyuan Electric Co Ltd dividends
- Dividend yield
- 0.49%
- Forward dividend
- 0.70 CNY
- Payout ratio
- 12.5%
- Ex-dividend date
- Jul 8, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 395M | 0.51 | 12.5% |
| 2024 | CNY 315M | 0.41 | 15.4% |
| 2023 | CNY 231M | 0.30 | 14.8% |
| 2022 | CNY 153M | 0.20 | 12.6% |
| 2021 | CNY 154M | 0.20 | 12.9% |
| 2020 | CNY 76.0M | 0.10 | 8.1% |
| 2019 | CNY 76.0M | 0.10 | 13.6% |
| 2018 | CNY 78.1M | 0.10 | 26.5% |
| 2017 | CNY 76.0M | 0.10 | 30.5% |
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: 12:10 on Apr 25, 2016.
Who owns Sieyuan Electric Co Ltd
- Insiders 33.24%
- Institutions 20.37%
- Public & others 46.39%
- Shares outstanding 787M
- Free float 513M
Sieyuan Electric Co Ltd company profile
- Company name
- Sieyuan Electric Co Ltd
- Ticker
- 002028.SHE
- ISIN
- CNE000001KM8
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jul 21, 2004
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 11,007
- Fiscal year end
- December
- Address
- No. 3399 Huaning Road, Shanghai, China, 201108
- Phone
- 86 21 6161 0502
- Website
- sieyuan.com
About Sieyuan Electric Co Ltd
Sieyuan Electric Co., Ltd. engages in design, research and development, manufacturing, sale, service, and EPC of power transmission and distribution equipment in China, North America, Australia, Europe, Southeast Asia, and internationally. The company offers transmission and transformation products, such as FACTS, HVDC, High-voltage substation, power transformer, high-voltage switchgear, HV, circuit breaker and disconnector, substation automation, high voltage instrument transformer, high voltage bushing, high voltage power capacitor, and neutral grounding. It also provides distribution and utilization products, including medium-voltage substation, distribution transformer, medium voltage switchgear and circuit breaker, medium voltage power capacitor, distribution automation, and low voltage electrical distribution product and system; and energy storage element and residential ess, as well as utility-scale battery energy storage systems. In addition, the company offers automotive electronics and electrical systems comprising automotive low voltage Li-ion battery, automotive ultracapacitor module, automotive intelligent power distribution, and solutions; and engineering design, equipment procurement, civil construction, installation, and commissioning. Sieyuan Electric Co., Ltd. was founded in 1993 and is headquartered in Shanghai, China.
Sieyuan Electric Co Ltd management
8- Mr. Zeng Ping DongChairman of the Board of Directors & GM · born 1971
- Mr. Bang Dong ChenVice Chairman of the Board & Chief Engineer · born 1971
- Mr. Zherong YangCFO & Secretary of the Board · born 1973
- Mr. Zhi Hua YangDeputy GM & Director · born 1976
- Ms. Wen YangDeputy General Manager · born 1969
- Mr. Liangdong ZhangDeputy General Manager · born 1973
- Mr. Gang LiuDeputy General Manager · born 1970
- Fu Li LuoAccounting Supervisor