002706.SHE Shanghai Liangxin Electrical Co Ltd
- Market cap
- CNY 9.50B
- P/E
- 44.5x
- P/B
- 2.08x
- ROE
- 7.6%
- Dividend yield
- 2.56%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002706.SHE undervalued?
Graham number002706.SHE trades 102.8% 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?
Shanghai Liangxin Electrical Co Ltd fundamental analysis
No fundamental analysis for Shanghai Liangxin Electrical Co Ltd yet.
Shanghai Liangxin Electrical Co Ltd stock price
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About Shanghai Liangxin Electrical Co Ltd
Shanghai Liangxin Electrical Co.,LTD. manufactures and sells low-voltage electrical appliances in China and internationally. The company offers air circuit breakers, molded case circuit breakers, automatic transfer switching equipment, isolating switches, miniature circuit breakers, busbar and sockets, distribution boxes, surge protectors, and hydraulic electromagnetic circuit breakers; and industrial control products, such as AC contactors, contactor relays, switching capac…
Full company profileShanghai Liangxin Electrical 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.
Shanghai Liangxin Electrical 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 | 1.23B | 1.45B | 1.57B | 2.04B | 3.02B | 4.03B | 4.16B | 4.59B | 4.24B | 4.48B | 5.21B |
| Gross Profit | 459M | 561M | 638M | 831M | 1.21B | 1.41B | 1.26B | 1.47B | 1.27B | 1.31B | 1.44B |
| Operating Income | 175M | 220M | 227M | 287M | 420M | 425M | 421M | 536M | 316M | 335M | 350M |
| EBITDA | 182M | 227M | 245M | 332M | 472M | 518M | 476M | 614M | 402M | 469M | 370M |
| Net Income | 162M | 210M | 222M | 273M | 375M | 419M | 422M | 511M | 312M | 265M | 327M |
| EPS | 0.17 | 0.21 | 0.22 | 0.27 | 0.38 | 0.41 | 0.39 | 0.45 | 0.28 | 0.24 | 0.29 |
| Balance Sheet | |||||||||||
| Total Assets | 1.89B | 2.03B | 2.17B | 2.33B | 3.26B | 4.42B | 5.70B | 5.82B | 5.51B | 5.99B | 6.25B |
| Total Liabilities | 338M | 344M | 407M | 523M | 1.22B | 2.21B | 1.96B | 1.68B | 1.53B | 1.66B | 1.85B |
| Shareholders' Equity | 1.55B | 1.69B | 1.76B | 1.81B | 2.04B | 2.21B | 3.74B | 4.13B | 3.98B | 4.26B | 4.32B |
| Cash & Short-term Investments | 196M | 126M | 151M | 336M | 598M | 615M | 1.48B | 1.50B | 895M | 863M | 851M |
| Total Debt | 13.7M | 39.7M | 22.0M | 10.5M | 30.0M | 534M | 433M | 206M | 23.4M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 222M | 171M | 262M | 331M | 633M | 382M | 461M | 640M | 456M | 226M | - |
| Capital Expenditure | 157M | 130M | 249M | 319M | 389M | 591M | 483M | 381M | 283M | 255M | 284M |
| Free Cash Flow | 65.6M | 40.8M | 13.4M | 12.3M | 244M | -209M | -22.0M | 247M | 173M | -29.8M | 46.9M |
| Ratios | |||||||||||
| ROE | 10.4% | 12.4% | 12.6% | 15.1% | 18.4% | 19.0% | 11.3% | 12.4% | 7.8% | 6.2% | 7.6% |
| ROA | 8.6% | 10.3% | 10.2% | 11.7% | 11.5% | 9.5% | 7.4% | 8.8% | 5.7% | 4.4% | 5.2% |
| Net Profit Margin | 13.2% | 14.5% | 14.1% | 13.4% | 12.4% | 10.4% | 10.1% | 11.1% | 7.4% | 5.9% | 6.3% |
| Debt to Equity | 0.01x | 0.02x | 0.01x | 0.01x | 0.01x | 0.24x | 0.12x | 0.05x | 0.01x | - | - |
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.
Shanghai Liangxin Electrical Co Ltd dividends
- Dividend yield
- 2.56%
- Forward dividend
- 0.20 CNY
- Payout ratio
- 91.6%
- Ex-dividend date
- May 18, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 243M | 0.22 | 91.6% |
| 2024 | CNY 284M | 0.26 | 91.1% |
| 2023 | CNY 233M | 0.21 | 45.7% |
| 2022 | CNY 224M | 0.21 | 53.1% |
| 2021 | CNY 234M | 0.23 | 56.0% |
| 2020 | CNY 192M | 0.19 | 51.1% |
| 2019 | CNY 192M | 0.19 | 70.5% |
| 2018 | CNY 130M | 0.13 | 58.6% |
| 2017 | CNY 104M | 0.10 | 49.5% |
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: 1.3:1 on Apr 27, 2021.
Who owns Shanghai Liangxin Electrical Co Ltd
- Insiders 25.97%
- Institutions 11.90%
- Public & others 62.13%
- Shares outstanding 1.12B
- Free float 783M
Shanghai Liangxin Electrical Co Ltd company profile
- Company name
- Shanghai Liangxin Electrical Co Ltd
- Ticker
- 002706.SHE
- ISIN
- CNE100001R74
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 2,652
- Fiscal year end
- December
- Address
- No. 2000, South ShenJiang Road, Shanghai, China, 201206
- Phone
- 86 21 6858 6719
- Website
- sh-liangxin.com
About Shanghai Liangxin Electrical Co Ltd
Shanghai Liangxin Electrical Co.,LTD. manufactures and sells low-voltage electrical appliances in China and internationally. The company offers air circuit breakers, molded case circuit breakers, automatic transfer switching equipment, isolating switches, miniature circuit breakers, busbar and sockets, distribution boxes, surge protectors, and hydraulic electromagnetic circuit breakers; and industrial control products, such as AC contactors, contactor relays, switching capacitor contactors, tri-star starters, transfer switches, electronic overload relays, and motor protection circuit breakers. Its products are used in PV power generation, power transmission and distribution, wind power generation, electric power supply, rail transportation, port dock, telecom facility, industrial building, data center, commercial building, public building, civil residence, automobile manufacturing, welding equipment, charging facility, elevator conveying, construction lifting, steel and petrochemical, compressor, air-conditioning and refrigeration, cement and paper making, packaging and printing, and industrial control solutions. Shanghai Liangxin Electrical Co.,LTD. was founded in 1999 and is based in Shanghai, China.
Shanghai Liangxin Electrical Co Ltd management
5- Mr. Si-Long RenChairman & President · born 1962
- Mr. Qiu Gao ChengCFO & Secretary of the Board of Directors · born 1984
- Mr. Si Jian QiaoVP & Director · born 1980
- Mr. Xiaodan DongVice President · born 1982
- Ms. Jianan WeiVice President · born 1983