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SEC Electric Machinery Co., Ltd.SHSE:603988 Stock Report

Market Cap CN¥5.1b
Share Price
n/a
1Y-6.3%
7D-2.4%
1D-0.5%
Portfolio Value
​
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SEC Electric Machinery Co., Ltd.

SHSE:603988 Stock Report

Market Cap: CN¥5.1b

SEC Electric Machinery (603988) Stock Overview

Researches and develops, manufactures, and sells motors in China. More details

603988 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends2/6

Rewards

Trading at 59.5% below our estimate of its fair value

Earnings grew by 151.7% over the past year

Risk Analysis

Earnings have declined by 16.8% per year over past 5 years


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SEC Electric Machinery Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for SEC Electric Machinery
Historical stock prices
Current Share PriceCN¥21.88
52 Week HighCN¥39.97
52 Week LowCN¥13.13
Beta0.64
1 Month Change44.42%
3 Month Change-11.92%
1 Year Change-6.34%
3 Year Change117.93%
5 Year Change35.31%
Change since IPO200.17%

Recent News & Updates

Recent updates

Analysis Article • Dec 26

Optimistic Investors Push SEC Electric Machinery Co., Ltd. (SHSE:603988) Shares Up 27% But Growth Is Lacking

SEC Electric Machinery Co., Ltd. ( SHSE:603988 ) shares have continued their recent momentum with a 27% gain in the...
Analysis Article • Nov 10

Subdued Growth No Barrier To SEC Electric Machinery Co., Ltd. (SHSE:603988) With Shares Advancing 28%

SEC Electric Machinery Co., Ltd. ( SHSE:603988 ) shares have continued their recent momentum with a 28% gain in the...
Analysis Article • Nov 06

Investors Can Find Comfort In SEC Electric Machinery's (SHSE:603988) Earnings Quality

SEC Electric Machinery Co., Ltd.'s ( SHSE:603988 ) earnings announcement last week didn't impress shareholders...
Analysis Article • Sep 25

SEC Electric Machinery Co., Ltd.'s (SHSE:603988) 42% Share Price Surge Not Quite Adding Up

Despite an already strong run, SEC Electric Machinery Co., Ltd. ( SHSE:603988 ) shares have been powering on, with a...
Analysis Article • Sep 23

Here's What's Concerning About SEC Electric Machinery's (SHSE:603988) Returns On Capital

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? More often...
Analysis Article • Aug 10

SEC Electric Machinery Co., Ltd. (SHSE:603988) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

SEC Electric Machinery Co., Ltd. ( SHSE:603988 ) shareholders are no doubt pleased to see that the share price has...
Analysis Article • Apr 24

SEC Electric Machinery (SHSE:603988) Will Be Hoping To Turn Its Returns On Capital Around

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Analysis Article • Apr 05

SEC Electric Machinery's (SHSE:603988) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Despite SEC Electric Machinery Co., Ltd.'s ( SHSE:603988 ) recent earnings report having lackluster headline numbers...
Analysis Article • Mar 06

Revenues Not Telling The Story For SEC Electric Machinery Co., Ltd. (SHSE:603988)

There wouldn't be many who think SEC Electric Machinery Co., Ltd.'s ( SHSE:603988 ) price-to-sales (or "P/S") ratio of...

Shareholder Returns

603988CN ElectricalCN Market
7D-2.4%1.0%0.2%
1Y-6.3%22.1%9.7%

Return vs Industry: 603988 underperformed the CN Electrical industry which returned 24.9% over the past year.

Return vs Market: 603988 underperformed the CN Market which returned 11% over the past year.

Price Volatility

Is 603988's price volatile compared to industry and market?
603988 volatility
603988 Average Weekly Movement9.8%
Electrical Industry Average Movement8.1%
Market Average Movement7.3%
10% most volatile stocks in CN Market12.5%
10% least volatile stocks in CN Market4.4%

Stable Share Price: 603988 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 603988's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003815Li Ming Liuwww.sec-motor.com

SEC Electric Machinery Co., Ltd. researches and develops, manufactures, and sells motors in China. The company offers Dc motor, AC squirrel cage induction motor, AC explosion-proof induction motor, AC wound motor induction motor, AC synchronous motor, and generator. It serves metallurgy, electric power, building material, mine, irrigation, HVAC air separation, test and trial, petrochemical, wind turbines, and shipbuilding industries.

SEC Electric Machinery Co., Ltd. Fundamentals Summary

How do SEC Electric Machinery's earnings and revenue compare to its market cap?
603988 fundamental statistics
Market capCN¥5.15b
Earnings (TTM)CN¥30.95m
Revenue (TTM)CN¥657.78m
166.3x
P/E Ratio
7.8x
P/S Ratio

Is 603988 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603988 income statement (TTM)
RevenueCN¥657.78m
Cost of RevenueCN¥511.53m
Gross ProfitCN¥146.25m
Other ExpensesCN¥115.30m
EarningsCN¥30.95m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 22, 2026

Earnings per share (EPS)0.13
Gross Margin22.23%
Net Profit Margin4.70%
Debt/Equity Ratio8.2%

How did 603988 perform over the long term?

See historical performance and comparison

Dividends

0.2%
Current Dividend Yield
35%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/14 08:10
End of Day Share Price 2026/08/14 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SEC Electric Machinery Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dan Dan ZhengHuatai Research