21.61
-2.13%
Close of 9 Nov 2026, in CNY
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About Hexing Electrical Co
Its shares trade on Shanghai under the ticker 603556.SS. It has been listed since 10 November 2016. In the fiscal year to 31 December 2025, it reported revenue of CN¥4.77bn and net income of CN¥729.1m. At that date it held total assets of CN¥9.94bn and shareholders' equity of CN¥7.38bn.
Hexing Electrical Co., Ltd. engages in the development and manufacture of electrical equipment and relevant solutions to power utilities. The company is headquartered in Hangzhou, Zhejiang. The company went IPO on 2016-11-10. The Company’s products and services include intelligent electrical products, including single-phase smart meters, three-phase smart meters, high end metering products and digital display meters, overall solutions for power distribution, power cloud services, construction and operation of power grid infrastructure. The firm distributes its products within domestic market and to overseas markets.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Information Technology
- Industry
- Electronic Equipment, Instruments & Components
- Listed since
- 10 Nov 2016
- Employees
- 2,306
- Website
- hxgroup.cn ↗
Leadership
Pay as last reported
- Mr. Liangzhang ZhouChairman of the Board, since 2012
- Ms. Xiaoqing LiVice Chairman of the Board, Finance Director, since 2021
- Mr. Shiquan ZhangGeneral Manager, Director, since 2021
- Mr. Rui ChengDeputy General Manager, Director
- Mr. Yi JinSecretary of the Board
- Ms. Suxia WangDirector
- Mr. Junhe ZhouDirector
- Mr. Guoliu HuIndependent Director
- Mr. Linming PengIndependent Director
- Mr. Wenliang ZhangIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Hexing Electrical Co Ltd employs 2,306 full-time employees in Hangzhou, Zhejiang.
- The company develops intelligent electrical products like single-phase smart meters and three-phase smart meters.
- Hexing Electrical Co Ltd offers overall solutions for power distribution and power cloud services.
Weaknesses
- Hexing Electrical Co Ltd has no overseas market presence beyond domestic distribution.
- The company's products are limited to electrical equipment without diversification into other sectors.
- Hexing Electrical Co Ltd's business is solely focused on power utilities without broader applications.
Opportunities
- Hexing Electrical Co Ltd can expand into overseas markets for electrical equipment solutions.
- The company can leverage power cloud services to enter new segments within Information Technology.
- Hexing Electrical Co Ltd can develop high-end metering products for global power utility markets.
Threats
- Hexing Electrical Co Ltd faces competition from domestic electrical equipment manufacturers in China.
- The company's reliance on power utilities makes it vulnerable to sector-specific economic downturns.
- Hexing Electrical Co Ltd may encounter regulatory challenges in overseas market expansion.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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