002888.SHE HiVi Acoustics Technology Co Ltd
- Market cap
- CNY 2.18B
- P/E
- 105.6x
- P/B
- 6.70x
- ROE
- 3.9%
- Dividend yield
- 1.38%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002888.SHE undervalued?
Graham numberThe Graham number of HiVi Acoustics Technology Co Ltd cannot be estimated reliably (the estimate is too far from the market price).
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?
HiVi Acoustics Technology Co Ltd fundamental analysis
No fundamental analysis for HiVi Acoustics Technology Co Ltd yet.
HiVi Acoustics Technology Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About HiVi Acoustics Technology Co Ltd
HiVi Acoustics Technology Co., Ltd engages in the research, development, and sale of electro-acoustic products in China and internationally. It offers Hi-Fi and speaker drivers, home theater speaker systems, active speakers, amplifiers, wifi speakers, headphones, car speakers and amplifiers, pro audio speakers, subwoofers, earphones, public address systems, and speaker enclosures, as well as solutions for digital sound reproduction. The company was formerly known as Guangzho…
Full company profileHiVi Acoustics Technology 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.
HiVi Acoustics Technology 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 | 243M | 264M | 267M | 275M | 266M | 289M | 226M | 223M | 271M | 274M | 243M |
| Gross Profit | 92.3M | 99.8M | 93.2M | 97.7M | 95.5M | 103M | 56.9M | 65.5M | 81.8M | 81.4M | 75.9M |
| Operating Income | 38.2M | 37.6M | 21.2M | 24.7M | 36.8M | 29.2M | -17.0M | -6.72M | 20.7M | 13.8M | 8.64M |
| EBITDA | 54.7M | 50.6M | 46.6M | 43.5M | 49.0M | 43.4M | -1.58M | 6.56M | 23.9M | 26.7M | 8.64M |
| Net Income | 37.0M | 33.6M | 28.2M | 26.2M | 30.6M | 26.0M | -14.6M | -5.51M | 9.89M | 21.2M | 12.6M |
| EPS | 0.33 | 0.27 | 0.19 | 0.18 | 0.21 | 0.17 | -0.11 | -0.04 | 0.07 | 0.14 | 0.09 |
| Balance Sheet | |||||||||||
| Total Assets | 298M | 484M | 489M | 472M | 498M | 484M | 467M | 457M | 472M | 456M | 380M |
| Total Liabilities | 52.3M | 50.8M | 44.0M | 50.6M | 70.2M | 51.1M | 68.8M | 63.9M | 79.5M | 71.9M | 55.5M |
| Shareholders' Equity | 246M | 434M | 445M | 422M | 427M | 433M | 398M | 393M | 393M | 384M | 324M |
| Cash & Short-term Investments | 96.7M | 242M | 87.0M | 132M | 247M | 147M | 184M | 173M | 217M | 24.6M | 11.6M |
| Total Debt | - | - | - | - | - | - | - | 1.99M | - | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 62.2M | 11.7M | 13.1M | 65.9M | 33.7M | -19.0M | 20.3M | 47.5M | 49.9M | 6.48M | - |
| Capital Expenditure | 30.9M | 22.6M | 14.8M | 6.37M | 7.47M | 63.8M | 5.03M | 21.1M | 5.70M | 8.50M | 12.2M |
| Free Cash Flow | 31.3M | -10.9M | -1.70M | 59.5M | 26.3M | -82.8M | 15.2M | 26.3M | 44.2M | -2.02M | -7.04M |
| Ratios | |||||||||||
| ROE | 15.1% | 7.8% | 6.3% | 6.2% | 7.2% | 6.0% | -3.7% | -1.4% | 2.5% | 5.5% | 3.9% |
| ROA | 12.4% | 6.9% | 5.8% | 5.5% | 6.2% | 5.4% | -3.1% | -1.2% | 2.1% | 4.6% | 3.3% |
| Net Profit Margin | 15.2% | 12.7% | 10.6% | 9.5% | 11.5% | 9.0% | -6.5% | -2.5% | 3.6% | 7.7% | 5.2% |
| Debt to Equity | - | - | - | - | - | - | - | 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.
HiVi Acoustics Technology Co Ltd dividends
- Dividend yield
- 1.38%
- Forward dividend
- 0.14 CNY
- Payout ratio
- 142.4%
- Ex-dividend date
- Jun 2, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 30.1M | 0.20 | 142.4% |
| 2024 | CNY 10.00M | 0.07 | 101.1% |
| 2023 | - | - | - |
| 2022 | - | - | - |
| 2021 | CNY 9.97M | 0.07 | 38.4% |
| 2020 | CNY 24.9M | 0.17 | 81.4% |
| 2019 | CNY 49.9M | 0.33 | 190.6% |
| 2018 | CNY 16.6M | 0.11 | 58.9% |
| 2017 | CNY 16.6M | 0.13 | 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: 1.2:1 on Jun 3, 2021.
Who owns HiVi Acoustics Technology Co Ltd
- Insiders 66.40%
- Institutions 2.14%
- Public & others 31.46%
- Shares outstanding 148M
- Free float 49.1M
HiVi Acoustics Technology Co Ltd company profile
- Company name
- HiVi Acoustics Technology Co Ltd
- Ticker
- 002888.SHE
- ISIN
- CNE1000032H8
- Exchange
- Shenzhen Stock Exchange
- Sector
- Technology
- Industry
- Household Durables
- Employees
- 606
- Fiscal year end
- December
- Address
- No. 1, South Dongcheng Road, Zhuhai, China, 519090
- Phone
- 86 75 6626 8088
- Website
- hivi.com
About HiVi Acoustics Technology Co Ltd
HiVi Acoustics Technology Co., Ltd engages in the research, development, and sale of electro-acoustic products in China and internationally. It offers Hi-Fi and speaker drivers, home theater speaker systems, active speakers, amplifiers, wifi speakers, headphones, car speakers and amplifiers, pro audio speakers, subwoofers, earphones, public address systems, and speaker enclosures, as well as solutions for digital sound reproduction. The company was formerly known as Guangzhou du xi electric co., ltd. HiVi Acoustics Technology Co., Ltd was founded in 1997 and is based in Zhuhai, China.
HiVi Acoustics Technology Co Ltd management
5- Mr. Junjie YaoGM & Director · born 1991
- Ms. Danhong ChenChief Financial Officer & Accounting Supervisor · born 1969
- Mr. Hongyuan YaoDeputy GM & Director · born 1971
- Mr. Feifan KuangSecretary of the Board of Directors · born 1992
- Mr. Huanxin ChenDeputy General Manager · born 1963