301222.SHE Zhejiang Hengwei Battery Co. Ltd.
- Market cap
- CNY 2.72B
- P/E
- 29.8x
- P/B
- 1.91x
- ROE
- 6.2%
- Dividend yield
- 1.10%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is 301222.SHE undervalued?
Graham number301222.SHE trades 59.2% 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?
Zhejiang Hengwei Battery Co. Ltd. fundamental analysis
No fundamental analysis for Zhejiang Hengwei Battery Co. Ltd. yet.
Zhejiang Hengwei Battery Co. Ltd. stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Zhejiang Hengwei Battery Co. Ltd.
Zhejiang Hengwei Battery Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of battery products in China and internationally. The company offers LR03, LR6, LR14, LR20, and 6LR61 series alkaline batteries; R03, R6, R14, R20, and 6F22 series carbon batteries, as well as zinc-manganese batteries. Its products are used in small household appliances, consumer appliances, wireless security equipment, smart home products, outdoor e…
Full company profileZhejiang Hengwei Battery Co. Ltd. financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 2 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Zhejiang Hengwei Battery Co. Ltd. annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 322M | 486M | 547M | 580M | 588M | 702M | 603M | 718M |
| Gross Profit | 99.9M | 147M | 137M | 147M | 165M | 172M | 131M | 150M |
| Operating Income | 68.3M | 115M | 103M | 110M | 120M | 119M | 75.8M | 95.2M |
| EBITDA | 75.0M | 122M | 113M | 152M | 151M | 163M | 113M | 95.2M |
| Net Income | 64.8M | 95.8M | 89.7M | 123M | 122M | 130M | 83.4M | 87.7M |
| EPS | 0.86 | 1.26 | 1.18 | 1.21 | 0.86 | 0.91 | 0.59 | 0.63 |
| Balance Sheet | ||||||||
| Total Assets | 354M | 418M | 496M | 1.33B | 1.40B | 1.50B | 1.59B | 1.55B |
| Total Liabilities | 50.6M | 66.6M | 55.2M | 71.4M | 68.3M | 85.9M | 149M | 122M |
| Shareholders' Equity | 304M | 351M | 440M | 1.26B | 1.33B | 1.42B | 1.45B | 1.43B |
| Cash & Short-term Investments | 122M | 159M | 214M | 843M | 981M | 869M | 746M | 790M |
| Cash Flow | ||||||||
| Operating Cash Flow | 65.9M | 93.1M | 64.1M | 114M | 129M | 83.6M | 67.2M | - |
| Capital Expenditure | 21.6M | 33.3M | 11.1M | 6.05M | 99.0M | 140M | 63.3M | 24.1M |
| Free Cash Flow | 44.3M | 59.8M | 53.0M | 108M | 29.6M | -56.9M | 3.86M | 48.1M |
| Ratios | ||||||||
| ROE | 21.4% | 27.3% | 20.4% | 9.7% | 9.1% | 9.1% | 5.8% | 6.2% |
| ROA | 18.3% | 22.9% | 18.1% | 9.2% | 8.7% | 8.6% | 5.2% | 5.7% |
| Net Profit Margin | 20.1% | 19.7% | 16.4% | 21.2% | 20.7% | 18.5% | 13.8% | 12.2% |
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.
- 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.
Zhejiang Hengwei Battery Co. Ltd. dividends
- Dividend yield
- 1.10%
- Forward dividend
- 0.50 CNY
- Payout ratio
- 36.1%
- Ex-dividend date
- May 27, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 30.1M | 0.21 | 36.1% |
| 2024 | CNY 30.3M | 0.21 | 23.3% |
| 2023 | CNY 50.7M | 0.36 | 41.6% |
| 2022 | CNY 60.8M | 0.60 | 49.5% |
| 2021 | - | - | - |
| 2020 | CNY 63.4M | 0.83 | 66.1% |
| 2019 | CNY 47.6M | 0.63 | 73.4% |
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: 1.4:1 on May 27, 2026.
Who owns Zhejiang Hengwei Battery Co. Ltd.
- Insiders 72.89%
- Institutions 1.46%
- Public & others 25.66%
- Shares outstanding 140M
- Free float 39.6M
Zhejiang Hengwei Battery Co. Ltd. company profile
- Company name
- Zhejiang Hengwei Battery Co. Ltd.
- Ticker
- 301222.SHE
- ISIN
- CNE1000058P6
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 479
- Fiscal year end
- December
- Address
- No. 77 Zhengyang West Road, Jiaxing, China, 314018
- Phone
- 86 573 8221 2198
- Website
- hwbattery.com
About Zhejiang Hengwei Battery Co. Ltd.
Zhejiang Hengwei Battery Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of battery products in China and internationally. The company offers LR03, LR6, LR14, LR20, and 6LR61 series alkaline batteries; R03, R6, R14, R20, and 6F22 series carbon batteries, as well as zinc-manganese batteries. Its products are used in small household appliances, consumer appliances, wireless security equipment, smart home products, outdoor electronic devices, wireless communication equipment, medical electronic instruments, electric toys, digital products, mobile lighting, and other civil and industrial applications. The company also engages in trade and investment activities. It exports its products to Europe, North America, Japan, and South Korea. Zhejiang Hengwei Battery Co., Ltd. was incorporated in 1999 and is headquartered in Jiaxing, China.
Zhejiang Hengwei Battery Co. Ltd. management
5- Mr. Xiaoyang WangGM & Director · born 1990
- Ms. Ju YangSecretary of the Board & CFO · born 1988
- Ms. Jianhong WangCOO & Director · born 1966
- Mr. Yu ChenDeputy General Manager · born 1983
- Miaoqing RuanAccounting Supervisor