Ningbo Dechang Electrical Machinery Made Co 605555.SS · CNY
Consumer Discretionary · Shanghai · 🇨🇳 China
11.11
+1.55%
Close of 9 Nov 2026, in CNY
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About Ningbo Dechang Electrical Machinery Made Co
Its shares trade on Shanghai under the ticker 605555.SS. It has been listed since 21 October 2021. In the fiscal year to 31 December 2025, it reported revenue of CN¥4.50bn and net income of CN¥162.7m. At that date it held total assets of CN¥5.49bn and shareholders' equity of CN¥3.01bn.
Ningbo Dechang Electrical Machinery Made Co., Ltd. principally engages in the design, manufacturing, and sales of small household appliances and electric-power-steering motors for automotive. The company is headquartered in Ningbo, Zhejiang. The company went IPO on 2021-10-21. The firm's main business is the design, manufacturing and sales of small household appliances and automotive electronic power steering (EPS) motors. The firm's products include vacuum cleaner dryers, vacuum cleaner water dispensers, accessories and other environmental household appliances, hair care appliances, electrical products and others. The firm mainly conducts its business in the United States, the United Kingdom, Canada, China and other countries.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Household Durables
- Listed since
- 21 Oct 2021
- Employees
- 5,049
- Website
- dechang-motor.com ↗
Leadership
Pay as last reported
- Mr. Yuchang HuangChairman of the Board, General Manager, since 2019CN¥1.7m
- Ms. Haiyun XuChief Financial OfficerCN¥410,800
- Ms. Xiaolin QiDeputy General Manager, Secretary of the BoardCN¥737,300
- Mr. Shi HuangDeputy General Manager, Director, since 2019CN¥799,800
- Ms. Liying ZhangDirectorCN¥754,600
- Mr. Kequan ZhuDirector
- Ms. Jianya BaoIndependent DirectorCN¥60,000
- Ms. Xiqin ChenIndependent DirectorCN¥60,000
- Mr. Lianghua MaIndependent DirectorCN¥60,000
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
- Ningbo Dechang Electrical Machinery Made Co Ltd employs 5,049 full-time employees for manufacturing small household appliances.
- The company's main business includes automotive EPS motors and vacuum cleaner dryers for the United States market.
- Ningbo Dechang operates in key markets like the United Kingdom, Canada, and China with diverse product lines.
Weaknesses
- The company's product range lacks expansion into emerging markets beyond the United States and China.
- Ningbo Dechang's focus on small household appliances may limit growth in high-demand sectors.
- The firm's reliance on automotive EPS motors could pose risks if automotive demand declines.
Opportunities
- Expanding into the European market for vacuum cleaner water dispensers and hair care appliances.
- Increasing sales of environmental household appliances in the United Kingdom and Canada.
- Leveraging the growing demand for automotive EPS motors in North America.
Threats
- Competition from established players in the United States small appliance market.
- Economic downturns affecting automotive sector demand for EPS motors.
- Regulatory changes in China impacting manufacturing operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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