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Tongwei Co.,Ltd 600438.SS

CN · Shanghai Stock Exchange · XSHG · stock · Technology · website

Tongwei Co.,Ltd statistics & valuation

Market capCN¥57.6B
P / S0.7×
P / B1.5×
Dividend yield3.79%
Net margin-11.4%
Return on equity-24.6%
FCF margin-13.9%
Net debtCN¥76.6B
Enterprise value USD$19.9B
Earnings yield EBIT/EV-2.8%
Return on capital-2.9%

Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
18.10% 9.80% -7.70% -11.40% 2022202320242025
Gross margin (%)
38.20% 26.20% 6.40% 2.70% 2022202320242025
Operating margin (%)
30.20% 21.00% -1.60% -4.50% 2022202320242025
Return on equity (%)
42.30% 22.10% -14.50% -24.60% 2022202320242025
Shares outstanding
4.50B 4.50B 4.50B 4.50B 2022202320242025
Net debt (CN¥)
-CN¥5.95B CN¥25.97B CN¥67.76B CN¥76.65B 2022202320242025
Share buybacks (CN¥)
2022202320242025
Return on assets (%)
17.70% 8.30% -3.60% -5.10% 2022202320242025
Free cash flow margin (%)
20.10% -4.20% -29.60% -13.90% 2022202320242025
Debt / equity (×)
0.51× 0.74× 1.74× 2.42× 2022202320242025
EPS (CN¥)
CN¥5.49 CN¥2.87 -CN¥1.58 -CN¥2.12 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin2.7%6.4%26.2%38.2%
Operating margin-4.5%-1.6%21.0%30.2%
Net margin-11.4%-7.7%9.8%18.1%
FCF margin-13.9%-29.6%-4.2%20.1%
Return on assets-5.1%-3.6%8.3%17.7%
Return on equity-24.6%-14.5%22.1%42.3%
Debt / equity1.74×1.37×0.65×0.42×
Current ratio1.191.171.612.08

Computed from company filings · CN · as of 2025-12-31. Figures in CNY. Facts plus Stocktoria's own computed scores — not investment advice.