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Suzhou Veichi Electric SHSE:688698 Stock Report

Last Price

CN¥60.64

Market Cap

CN¥12.8b

7D

-5.1%

1Y

91.5%

Updated

18 Mar, 2025

Data

Company Financials +

Suzhou Veichi Electric Co., Ltd.

SHSE:688698 Stock Report

Market Cap: CN¥12.8b

688698 Stock Overview

Develops, manufactures, and markets industrial automation control products and system solutions in China and internationally. More details

688698 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends1/6

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Suzhou Veichi Electric Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Suzhou Veichi Electric
Historical stock prices
Current Share PriceCN¥60.64
52 Week HighCN¥72.63
52 Week LowCN¥19.74
Beta0.51
1 Month Change17.75%
3 Month Change37.44%
1 Year Change91.54%
3 Year Change217.65%
5 Year Changen/a
Change since IPO202.90%

Recent News & Updates

Recent updates

Earnings Not Telling The Story For Suzhou Veichi Electric Co., Ltd. (SHSE:688698) After Shares Rise 29%

Feb 05
Earnings Not Telling The Story For Suzhou Veichi Electric Co., Ltd. (SHSE:688698) After Shares Rise 29%

Returns On Capital At Suzhou Veichi Electric (SHSE:688698) Paint A Concerning Picture

Jan 31
Returns On Capital At Suzhou Veichi Electric (SHSE:688698) Paint A Concerning Picture

Here's Why Suzhou Veichi Electric (SHSE:688698) Has Caught The Eye Of Investors

Jan 02
Here's Why Suzhou Veichi Electric (SHSE:688698) Has Caught The Eye Of Investors

What Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) 27% Share Price Gain Is Not Telling You

Dec 05
What Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) 27% Share Price Gain Is Not Telling You

We Think You Should Be Aware Of Some Concerning Factors In Suzhou Veichi Electric's (SHSE:688698) Earnings

Nov 11
We Think You Should Be Aware Of Some Concerning Factors In Suzhou Veichi Electric's (SHSE:688698) Earnings

A Piece Of The Puzzle Missing From Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) 48% Share Price Climb

Oct 09
A Piece Of The Puzzle Missing From Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) 48% Share Price Climb

Is Now The Time To Put Suzhou Veichi Electric (SHSE:688698) On Your Watchlist?

Sep 28
Is Now The Time To Put Suzhou Veichi Electric (SHSE:688698) On Your Watchlist?

Capital Allocation Trends At Suzhou Veichi Electric (SHSE:688698) Aren't Ideal

Aug 28
Capital Allocation Trends At Suzhou Veichi Electric (SHSE:688698) Aren't Ideal

Is Suzhou Veichi Electric (SHSE:688698) A Risky Investment?

Jul 01
Is Suzhou Veichi Electric (SHSE:688698) A Risky Investment?

Suzhou Veichi Electric Co., Ltd. (SHSE:688698) Not Flying Under The Radar

Jun 04
Suzhou Veichi Electric Co., Ltd. (SHSE:688698) Not Flying Under The Radar

Suzhou Veichi Electric (SHSE:688698) Shareholders Should Be Cautious Despite Solid Earnings

Apr 23
Suzhou Veichi Electric (SHSE:688698) Shareholders Should Be Cautious Despite Solid Earnings

Suzhou Veichi Electric (SHSE:688698) Might Be Having Difficulty Using Its Capital Effectively

Mar 31
Suzhou Veichi Electric (SHSE:688698) Might Be Having Difficulty Using Its Capital Effectively

There's Reason For Concern Over Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) Massive 27% Price Jump

Mar 04
There's Reason For Concern Over Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) Massive 27% Price Jump

Should You Be Adding Suzhou Veichi Electric (SHSE:688698) To Your Watchlist Today?

Mar 01
Should You Be Adding Suzhou Veichi Electric (SHSE:688698) To Your Watchlist Today?

Shareholder Returns

688698CN ElectricalCN Market
7D-5.1%1.0%1.6%
1Y91.5%19.6%12.5%

Return vs Industry: 688698 exceeded the CN Electrical industry which returned 19.6% over the past year.

Return vs Market: 688698 exceeded the CN Market which returned 12.5% over the past year.

Price Volatility

Is 688698's price volatile compared to industry and market?
688698 volatility
688698 Average Weekly Movement10.8%
Electrical Industry Average Movement6.5%
Market Average Movement6.0%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market3.4%

Stable Share Price: 688698's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 688698's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20051,738Zhiyong Huwww.veichi.com

Suzhou Veichi Electric Co., Ltd. develops, manufactures, and markets industrial automation control products and system solutions in China and internationally. The company offers a range of electrical products, such as low voltage drives, medium voltage drives, multi-motor drives, four-quadrant inverters, and VFD accessories; servo systems, motion controllers, PLC, and HMI; and solar water pump inverters, solar water pumps, off grid solar inverters, battery test systems, and EV controllers. It also provides industry-specific drives, including construction lifting integrated machines, compressors, hydraulic servo, machine tool, water jet weaving electrical control systems, HVLS fan drives, tension control inverters, drawing machines, and pump drive and motors.

Suzhou Veichi Electric Co., Ltd. Fundamentals Summary

How do Suzhou Veichi Electric's earnings and revenue compare to its market cap?
688698 fundamental statistics
Market capCN¥12.78b
Earnings (TTM)CN¥245.09m
Revenue (TTM)CN¥1.64b

52.1x

P/E Ratio

7.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688698 income statement (TTM)
RevenueCN¥1.64b
Cost of RevenueCN¥0
Gross ProfitCN¥1.64b
Other ExpensesCN¥1.40b
EarningsCN¥245.09m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Apr 16, 2025

Earnings per share (EPS)1.16
Gross Margin100.00%
Net Profit Margin14.94%
Debt/Equity Ratio0.7%

How did 688698 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

36%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/18 18:55
End of Day Share Price 2025/03/18 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

Suzhou Veichi Electric Co., Ltd. is covered by 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peng JiangChina International Capital Corporation Limited
Pengwei HuaCitic Securities Co., Ltd.
Qing FangHaitong International Research Limited