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Guoguang Electric Co 002045.SZ · CNY

Consumer Discretionary · Shenzhen · 🇨🇳 China

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10.37

+5.17%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2024

Revenue

CN¥7.90bn

FY2015FY2024

Net income

CN¥253.0m

FY2015FY2024

Free cash flow

−CN¥431.9m

FY2015FY2024

Shareholders' equity

CN¥4.28bn

FY2015FY2024

Income statement

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
RevenueCN¥7.90bnCN¥5.93bnCN¥5.99bnCN¥4.82bnCN¥4.25bnCN¥4.45bnCN¥4.04bnCN¥4.05bnCN¥2.57bnCN¥2.23bn
Gross profitCN¥1.04bnCN¥864.4mCN¥699.7mCN¥467.0mCN¥652.2mCN¥773.4mCN¥371.8mCN¥615.5mCN¥468.2mCN¥421.1m
Research and developmentCN¥455.1mCN¥319.0mCN¥273.5mCN¥252.4mCN¥205.8mCN¥189.7mCN¥206.9mCN¥181.2mCN¥151.6mCN¥128.0m
Operating incomeCN¥231.4mCN¥348.1mCN¥189.6mCN¥49.2mCN¥214.3mCN¥404.2m−CN¥270.1mCN¥160.6mCN¥92.3mCN¥50.8m
Net incomeCN¥253.0mCN¥360.7mCN¥178.3mCN¥40.1mCN¥186.7mCN¥353.1m−CN¥219.1mCN¥130.8mCN¥60.4mCN¥48.0m
Diluted earnings per share0.470.730.400.100.390.75-0.400.290.120.10

Balance sheet

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Total assetsCN¥9.48bnCN¥6.99bnCN¥5.21bnCN¥4.85bnCN¥4.48bnCN¥4.24bnCN¥4.81bnCN¥4.16bnCN¥3.00bnCN¥2.88bn
Cash and short-term investmentsCN¥2.07bnCN¥2.56bnCN¥866.5mCN¥822.9mCN¥975.2mCN¥765.6mCN¥409.6mCN¥119.3mCN¥195.8mCN¥343.7m
Total liabilitiesCN¥5.20bnCN¥3.04bnCN¥3.05bnCN¥2.86bnCN¥2.44bnCN¥2.31bnCN¥3.09bnCN¥2.67bnCN¥1.59bnCN¥1.55bn
DebtCN¥2.55bnCN¥1.31bnCN¥1.47bnCN¥1.31bnCN¥895.9mCN¥1.00bnCN¥1.79bnCN¥1.27bnCN¥765.6mCN¥895.9m
Shareholders' equityCN¥4.28bnCN¥3.95bnCN¥2.16bnCN¥1.99bnCN¥2.04bnCN¥1.93bnCN¥1.66bnCN¥1.44bnCN¥1.34bnCN¥1.31bn
Shares outstanding535m493m443m406m479m470m550m450m506m459m

Cash flow

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Cash from operationsCN¥151.7mCN¥822.0mCN¥52.6m−CN¥128.2mCN¥534.8mCN¥334.6mCN¥139.3mCN¥106.1mCN¥172.9mCN¥174.3m
Capital spending−CN¥583.6m−CN¥230.5m−CN¥150.3m−CN¥205.5m−CN¥209.7m−CN¥153.8m−CN¥367.7m−CN¥541.6m−CN¥224.6m−CN¥220.8m
Free cash flow−CN¥431.9mCN¥591.5m−CN¥97.7m−CN¥333.7mCN¥325.1mCN¥180.8m−CN¥228.4m−CN¥435.5m−CN¥51.8m−CN¥46.6m
Dividends paid−CN¥57.4m−CN¥40.2m−CN¥40.5m−CN¥30.8m−CN¥36.9m−CN¥37.5m−CN¥109.9m−CN¥66.8m−CN¥55.5m−CN¥59.2m

Latest quarters

By quarter end

Jun 2026Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024
RevenueCN¥1.74bnCN¥2.40bnCN¥2.14bnCN¥1.74bnCN¥2.20bnCN¥2.66bnCN¥1.77bnCN¥1.27bn
Gross profitCN¥177.8mCN¥296.4mCN¥290.8mCN¥232.3mCN¥256.0mCN¥406.9mCN¥235.3mCN¥143.4m
Operating income−CN¥43.3m−CN¥66.8mCN¥17.9mCN¥40.6m−CN¥9.6mCN¥146.4mCN¥86.4mCN¥20.5m
Net income−CN¥50.0m−CN¥45.2mCN¥31.9mCN¥32.4mCN¥8.8mCN¥139.3mCN¥75.7mCN¥29.2m
Diluted earnings per share-0.07-0.060.040.040.020.260.140.05
Cash from operations—CN¥19.0m−CN¥148.0mCN¥336.0m—CN¥26.0m−CN¥274.0mCN¥406.0m
Capital spending−CN¥22.0m−CN¥228.0m−CN¥267.0m−CN¥142.0m−CN¥164.0m−CN¥255.0m−CN¥112.0m−CN¥50.0m
Free cash flow—−CN¥209.0m−CN¥415.0mCN¥194.0m—−CN¥229.0m−CN¥386.0mCN¥356.0m
Total assetsCN¥10.89bnCN¥10.87bnCN¥10.63bnCN¥10.09bnCN¥9.48bnCN¥9.93bnCN¥8.66bnCN¥7.19bn
Cash and short-term investments—CN¥2.61bnCN¥2.68bnCN¥2.81bnCN¥2.07bnCN¥2.86bnCN¥3.17bnCN¥2.79bn
DebtCN¥115.5mCN¥3.79bnCN¥3.37bnCN¥3.04bnCN¥2.50bnCN¥2.75bnCN¥2.55bnCN¥1.57bn
Shareholders' equityCN¥4.16bnCN¥4.43bnCN¥4.48bnCN¥4.48bnCN¥4.28bnCN¥4.18bnCN¥4.05bnCN¥3.97bn

Financial ratios

Data as of 10 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin—13.2%14.6%11.7%9.7%15.3%17.4%
Operating margin—3.7%6.6%3.4%1.0%5.5%9.9%
Net margin—3.2%6.1%3.0%0.8%4.4%7.9%
Return on equity—5.9%9.1%8.3%2.0%9.2%18.3%
Return on assets—2.7%5.2%3.4%0.8%4.2%8.3%
Free cash flow yield—15.8%24.5%5.3%2.2%17.8%11.9%
Revenue growth—33.2%-1.0%24.5%13.2%-4.3%10.0%
Earnings growth—-29.9%102.3%344.3%-78.5%-47.1%-261.2%
Current ratio—1.22x1.72x1.41x1.29x1.30x1.41x
Debt to equity—0.58x0.33x0.67x0.57x0.46x0.52x
Equity ratio—45.1%56.4%41.4%41.0%45.4%45.5%
Interest coverage—5.12x9.87x4.80x1.49x6.87x7.30x
R&D as a share of sales—5.8%5.4%4.6%5.2%4.8%4.3%
Buybacks as a share of market value-38.6%-8.7%-11.1%-9.1%15.3%-2.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue17.9%12.2%14.6%
Operating income67.5%-10.6%9.3%
Net income84.7%-6.5%10.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin13.8%12.5%13.5%14.1%
Operating margin4.2%3.3%4.3%3.2%
Net margin4.4%3.4%4.1%3.1%

Valuation history

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Price to earnings45.922.730.8151.822.416.2-11.657.9104.3180.7
Price to sales1.51.40.91.31.01.30.61.92.53.9

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 19 Jun 2020.

FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013
Paid in the year0.080.080.080.080.080.080.080.08
  • 3-for-2 split · 27 May 2011
  • 6-for-5 split · 17 Jul 2009
  • 5-for-4 split · 8 Jun 2007
  • 8-for-5 split · 15 May 2006
  • 1-to-1 reverse split · 25 Nov 2005

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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