Sieyuan Electric Co Ltd
SZSE:002028

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Sieyuan Electric Co Ltd Logo
Sieyuan Electric Co Ltd
SZSE:002028
Watchlist
Price: 158.91 CNY 5.94% Market Closed
Market Cap: 123.7B CNY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+97%
5Y
+161%
10Y
+387%
Operating Income
+
3Y
+155%
5Y
+174%
10Y
+821%
Net Income
+
3Y
+151%
5Y
+181%
10Y
+643%

Earnings Waterfall
Sieyuan Electric Co Ltd

Revenue
18.9B CNY
Cost of Revenue
-13B CNY
Gross Profit
5.9B CNY
Operating Expenses
-2.7B CNY
Operating Income
3.2B CNY
Other Expenses
-428m CNY
Net Income
2.7B CNY

Income Statement
Sieyuan Electric Co Ltd

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Income Statement
Currency: CNY
Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
0
4
0
0
0
18
0
0
0
17
0
0
0
5
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
2
3
0
2
2
1
2
2
2
2
3
2
3
4
4
5
5
6
7
6
6
7
0
5
8
9
0
0
Revenue
200
N/A
252
+26%
339
+35%
418
+23%
556
+33%
589
+6%
636
+8%
728
+14%
799
+10%
862
+8%
948
+10%
1 066
+12%
1 198
+12%
1 243
+4%
1 369
+10%
1 478
+8%
1 530
+4%
1 594
+4%
1 638
+3%
1 699
+4%
1 889
+11%
1 951
+3%
1 893
-3%
1 887
0%
1 877
-1%
1 826
-3%
1 919
+5%
1 871
-2%
1 970
+5%
2 027
+3%
2 182
+8%
2 464
+13%
2 892
+17%
3 045
+5%
3 173
+4%
3 303
+4%
3 386
+3%
3 284
-3%
3 379
+3%
3 502
+4%
3 671
+5%
3 853
+5%
3 925
+2%
3 876
-1%
3 997
+3%
4 094
+2%
4 177
+2%
4 313
+3%
4 404
+2%
4 305
-2%
4 582
+6%
4 473
-2%
4 495
+0%
4 476
0%
4 374
-2%
4 721
+8%
4 807
+2%
5 067
+5%
5 467
+8%
5 949
+9%
6 380
+7%
6 403
+0%
6 899
+8%
7 245
+5%
7 373
+2%
8 320
+13%
8 281
0%
8 427
+2%
8 695
+3%
8 623
-1%
9 201
+7%
9 575
+4%
10 537
+10%
10 970
+4%
11 495
+5%
12 116
+5%
12 460
+3%
12 946
+4%
13 323
+3%
14 286
+7%
15 458
+8%
16 027
+4%
17 789
+11%
18 878
+6%
Gross Profit
Cost of Revenue
(90)
(129)
(183)
(229)
(306)
(326)
(355)
(411)
(419)
(454)
(502)
(559)
(651)
(681)
(742)
(811)
(894)
(923)
(947)
(972)
(1 061)
(1 092)
(1 075)
(1 102)
(1 107)
(1 103)
(1 190)
(1 201)
(1 264)
(1 292)
(1 359)
(1 512)
(1 740)
(1 836)
(1 932)
(1 990)
(2 027)
(2 015)
(2 068)
(2 170)
(2 308)
(2 453)
(2 560)
(2 552)
(2 652)
(2 745)
(2 796)
(2 882)
(2 851)
(2 822)
(3 008)
(2 940)
(3 043)
(3 084)
(3 032)
(3 317)
(3 337)
(3 571)
(3 881)
(4 216)
(4 517)
(4 520)
(4 771)
(4 925)
(5 217)
(5 952)
(5 982)
(6 199)
(6 045)
(6 168)
(6 695)
(7 032)
(7 757)
(8 118)
(8 370)
(8 664)
(8 794)
(9 103)
(9 315)
(10 009)
(10 653)
(11 138)
(12 323)
(12 966)
Gross Profit
110
N/A
123
+12%
156
+27%
189
+21%
250
+32%
263
+5%
282
+7%
316
+12%
380
+20%
408
+7%
446
+9%
507
+14%
547
+8%
562
+3%
627
+12%
667
+6%
636
-5%
671
+6%
691
+3%
727
+5%
828
+14%
860
+4%
818
-5%
785
-4%
770
-2%
723
-6%
729
+1%
671
-8%
706
+5%
735
+4%
823
+12%
953
+16%
1 152
+21%
1 209
+5%
1 242
+3%
1 313
+6%
1 359
+3%
1 269
-7%
1 311
+3%
1 331
+2%
1 363
+2%
1 399
+3%
1 365
-2%
1 324
-3%
1 346
+2%
1 349
+0%
1 382
+2%
1 431
+4%
1 553
+9%
1 484
-4%
1 573
+6%
1 532
-3%
1 452
-5%
1 392
-4%
1 342
-4%
1 404
+5%
1 470
+5%
1 496
+2%
1 586
+6%
1 733
+9%
1 863
+8%
1 883
+1%
2 128
+13%
2 319
+9%
2 156
-7%
2 368
+10%
2 299
-3%
2 228
-3%
2 651
+19%
2 455
-7%
2 506
+2%
2 543
+1%
2 780
+9%
2 851
+3%
3 126
+10%
3 453
+10%
3 666
+6%
3 843
+5%
4 008
+4%
4 278
+7%
4 805
+12%
4 889
+2%
5 466
+12%
5 912
+8%
Operating Income
Operating Expenses
(52)
(62)
(89)
(101)
(147)
(158)
(171)
(194)
(205)
(228)
(251)
(262)
(288)
(312)
(341)
(351)
(324)
(346)
(371)
(409)
(437)
(453)
(435)
(456)
(482)
(530)
(548)
(549)
(573)
(629)
(685)
(778)
(907)
(935)
(946)
(995)
(1 005)
(959)
(972)
(957)
(1 017)
(1 001)
(987)
(980)
(1 020)
(1 001)
(1 032)
(1 041)
(1 174)
(1 143)
(1 203)
(1 222)
(1 169)
(1 114)
(1 075)
(1 129)
(1 212)
(1 243)
(1 270)
(1 242)
(1 246)
(1 207)
(1 184)
(1 159)
(1 042)
(989)
(1 010)
(1 027)
(1 254)
(1 208)
(1 246)
(1 298)
(1 431)
(1 422)
(1 528)
(1 683)
(1 828)
(1 942)
(2 029)
(2 124)
(2 377)
(2 469)
(2 676)
(2 735)
Selling, General & Administrative
(53)
(65)
(92)
(106)
(149)
(156)
(166)
(183)
(205)
(223)
(242)
(254)
(288)
(304)
(333)
(340)
(323)
(338)
(367)
(405)
(437)
(444)
(428)
(444)
(481)
(491)
(507)
(514)
(572)
(611)
(660)
(750)
(827)
(904)
(921)
(958)
(913)
(925)
(929)
(915)
(912)
(940)
(933)
(929)
(912)
(952)
(983)
(998)
(1 009)
(1 089)
(1 145)
(1 170)
(844)
(762)
(726)
(692)
(893)
(919)
(851)
(854)
(909)
(875)
(894)
(852)
(675)
(629)
(618)
(596)
(766)
(707)
(748)
(767)
(834)
(836)
(852)
(910)
(1 076)
(1 041)
(1 113)
(1 208)
(1 413)
(1 388)
(1 555)
(1 618)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(50)
0
0
0
(70)
0
0
0
(73)
0
0
0
(69)
0
0
0
(127)
0
0
0
(340)
0
0
(430)
(333)
(276)
(357)
(365)
(375)
(382)
(389)
(388)
(414)
(436)
(466)
(499)
(544)
(579)
(591)
(630)
(652)
(737)
(811)
(917)
(873)
(967)
(994)
(1 024)
(1 054)
(1 151)
(1 225)
(1 320)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(29)
0
0
0
(21)
0
0
0
(29)
0
0
0
(33)
0
0
0
(33)
0
0
0
(35)
0
0
0
(29)
0
0
0
(24)
0
0
0
(26)
0
0
0
(32)
0
0
0
(46)
0
0
0
(75)
0
0
0
(100)
0
0
0
Other Operating Expenses
1
3
3
5
1
(2)
(5)
(11)
(0)
(4)
(9)
(7)
(0)
(8)
(8)
(11)
(1)
(7)
(4)
(4)
(1)
(9)
(7)
(12)
(1)
(38)
(41)
(35)
(2)
(18)
(25)
(28)
(2)
(31)
(25)
(37)
(2)
(34)
(43)
(42)
(3)
(62)
(54)
(51)
(5)
(49)
(49)
(43)
(5)
(54)
(59)
(53)
48
(353)
(349)
(8)
43
(48)
(62)
(23)
62
51
100
81
73
77
74
68
87
78
93
99
102
150
135
144
195
66
78
108
191
70
105
204
Operating Income
58
N/A
61
+4%
67
+10%
88
+32%
102
+16%
106
+3%
111
+5%
123
+11%
175
+42%
181
+3%
195
+8%
246
+26%
259
+5%
250
-3%
286
+14%
316
+10%
312
-1%
325
+4%
320
-2%
319
-1%
391
+23%
407
+4%
383
-6%
330
-14%
288
-13%
193
-33%
180
-7%
121
-33%
133
+9%
106
-20%
138
+31%
174
+26%
245
+40%
275
+12%
295
+8%
318
+8%
354
+11%
310
-12%
339
+9%
375
+11%
347
-8%
398
+15%
378
-5%
345
-9%
326
-5%
348
+7%
350
+1%
390
+11%
380
-3%
341
-10%
370
+9%
311
-16%
283
-9%
278
-2%
267
-4%
274
+3%
258
-6%
254
-2%
316
+25%
491
+55%
617
+26%
676
+10%
944
+40%
1 160
+23%
1 114
-4%
1 380
+24%
1 290
-7%
1 201
-7%
1 397
+16%
1 247
-11%
1 260
+1%
1 245
-1%
1 350
+8%
1 429
+6%
1 598
+12%
1 770
+11%
1 837
+4%
1 901
+3%
1 980
+4%
2 154
+9%
2 428
+13%
2 420
0%
2 789
+15%
3 177
+14%
Pre-Tax Income
Interest Income Expense
7
2
7
6
3
3
3
2
(2)
(7)
(10)
(12)
66
138
143
142
67
64
118
172
712
747
723
746
412
326
304
238
45
35
31
33
31
25
26
52
60
78
102
167
167
172
149
63
71
77
81
74
64
53
33
21
(2)
(34)
12
54
74
77
41
11
15
16
18
1
(2)
(12)
(29)
(17)
12
(8)
8
(2)
(9)
(20)
(17)
(20)
53
39
53
59
111
112
115
125
Non-Reccuring Items
0
0
0
0
0
0
0
0
(4)
0
0
0
(9)
0
0
0
(7)
0
0
0
(11)
0
0
0
(34)
0
0
0
(15)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
35
0
(0)
0
(15)
1
1
0
(4)
(0)
(0)
(0)
(58)
1
1
1
(6)
4
4
4
1
0
0
(1)
(5)
(1)
(0)
1
(1)
1
2
2
(116)
1
0
0
(108)
0
0
1
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
0
0
(0)
0
0
0
0
0
0
0
0
0
0
0
(0)
0
0
0
0
0
0
(0)
0
0
0
(1)
(2)
(2)
(0)
(0)
0
0
(0)
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
1
8
2
2
13
13
17
19
27
28
29
35
25
28
29
23
31
28
26
28
35
35
50
59
54
53
37
41
30
31
43
61
66
66
64
46
55
57
53
56
49
54
51
57
55
52
59
29
47
41
62
68
22
17
(6)
10
43
36
34
28
6
4
(5)
(19)
3
1
0
(0)
(1)
(4)
(8)
(12)
(9)
(12)
(10)
(8)
(3)
(6)
(8)
(3)
(1)
(1)
2
(0)
Pre-Tax Income
67
N/A
70
+5%
75
+7%
95
+26%
118
+24%
122
+3%
131
+8%
144
+10%
197
+36%
202
+3%
215
+6%
268
+25%
341
+27%
415
+22%
459
+10%
481
+5%
403
-16%
417
+3%
464
+11%
518
+12%
1 127
+117%
1 189
+6%
1 156
-3%
1 135
-2%
719
-37%
572
-20%
521
-9%
401
-23%
193
-52%
172
-11%
212
+23%
269
+27%
341
+27%
365
+7%
385
+5%
417
+8%
469
+13%
445
-5%
493
+11%
598
+21%
562
-6%
624
+11%
577
-7%
464
-20%
485
+5%
474
-2%
490
+3%
493
+1%
475
-4%
437
-8%
466
+7%
400
-14%
299
-25%
260
-13%
273
+5%
338
+24%
317
-6%
367
+16%
393
+7%
532
+35%
632
+19%
700
+11%
960
+37%
1 146
+19%
1 115
-3%
1 369
+23%
1 261
-8%
1 183
-6%
1 404
+19%
1 234
-12%
1 260
+2%
1 232
-2%
1 331
+8%
1 398
+5%
1 573
+13%
1 743
+11%
1 771
+2%
1 934
+9%
2 025
+5%
2 210
+9%
2 431
+10%
2 532
+4%
2 907
+15%
3 302
+14%
Net Income
Tax Provision
(16)
(16)
(14)
(15)
(25)
(25)
(28)
(31)
(30)
(31)
(30)
(44)
(40)
(57)
(67)
(66)
(38)
(31)
(34)
(36)
(144)
(152)
(146)
(141)
(131)
(112)
(104)
(89)
(24)
(23)
(30)
(41)
(53)
(50)
(55)
(58)
(63)
(61)
(61)
(75)
(59)
(70)
(68)
(51)
(56)
(54)
(58)
(54)
(73)
(70)
(67)
(62)
(22)
(6)
(13)
(21)
(23)
(44)
(43)
(59)
(56)
(55)
(94)
(115)
(121)
(161)
(148)
(125)
(131)
(106)
(103)
(73)
(44)
(41)
(49)
(95)
(163)
(194)
(247)
(270)
(346)
(345)
(389)
(466)
Income from Continuing Operations
51
54
61
81
93
97
103
113
167
171
184
224
302
358
392
415
365
386
431
483
982
1 038
1 010
994
588
460
418
312
169
149
182
228
289
315
330
358
406
384
433
523
504
554
509
412
429
420
432
440
402
367
399
338
277
254
261
317
294
323
350
473
576
646
867
1 031
994
1 208
1 113
1 058
1 272
1 128
1 157
1 159
1 287
1 357
1 523
1 648
1 609
1 740
1 778
1 940
2 085
2 187
2 517
2 836
Income to Minority Interest
(1)
(3)
(5)
(9)
(9)
(9)
(9)
(9)
(18)
(16)
(18)
(23)
(29)
(29)
(30)
(31)
(19)
(22)
(23)
(23)
(32)
(34)
(33)
(34)
(34)
(30)
(27)
(20)
(16)
(14)
(19)
(23)
(41)
(46)
(49)
(55)
(59)
(54)
(56)
(52)
(48)
(54)
(49)
(43)
(47)
(42)
(46)
(56)
(50)
(47)
(48)
(40)
(28)
(29)
(22)
(13)
1
(1)
2
(8)
(18)
(20)
(40)
(51)
(61)
(82)
(72)
(69)
(75)
(58)
(56)
(64)
(67)
(70)
(75)
(65)
(49)
(36)
(32)
(38)
(36)
(54)
(63)
(87)
Net Income (Common)
49
N/A
51
+3%
57
+11%
72
+27%
84
+18%
87
+4%
93
+7%
104
+12%
150
+43%
155
+4%
166
+7%
201
+21%
272
+36%
329
+21%
362
+10%
384
+6%
346
-10%
365
+5%
408
+12%
460
+13%
950
+107%
1 004
+6%
977
-3%
960
-2%
554
-42%
430
-22%
391
-9%
292
-25%
154
-47%
136
-12%
163
+20%
204
+25%
248
+22%
269
+8%
282
+5%
303
+8%
347
+14%
331
-5%
377
+14%
471
+25%
456
-3%
501
+10%
460
-8%
370
-20%
382
+3%
378
-1%
386
+2%
384
-1%
351
-8%
320
-9%
352
+10%
298
-15%
249
-16%
225
-10%
239
+6%
305
+27%
295
-3%
322
+9%
352
+9%
465
+32%
558
+20%
626
+12%
826
+32%
980
+19%
933
-5%
1 126
+21%
1 042
-7%
990
-5%
1 198
+21%
1 069
-11%
1 101
+3%
1 095
-1%
1 220
+11%
1 287
+5%
1 448
+13%
1 583
+9%
1 559
-2%
1 704
+9%
1 746
+2%
1 902
+9%
2 049
+8%
2 132
+4%
2 455
+15%
2 749
+12%
EPS (Diluted)
0.11
N/A
0.12
+9%
0.13
+8%
0.17
+31%
0.18
+6%
0.2
+11%
0.21
+5%
0.23
+10%
0.33
+43%
0.34
+3%
0.36
+6%
0.27
-25%
0.38
+41%
0.44
+16%
0.49
+11%
0.52
+6%
0.47
-10%
0.5
+6%
0.56
+12%
0.63
+13%
1.29
+105%
1.37
+6%
1.33
-3%
1.3
-2%
0.75
-42%
0.58
-23%
0.53
-9%
0.4
-25%
0.21
-48%
0.19
-10%
0.22
+16%
0.28
+27%
0.34
+21%
0.36
+6%
0.38
+6%
0.4
+5%
0.45
+13%
0.44
-2%
0.47
+7%
0.61
+30%
0.61
N/A
0.62
+2%
0.61
-2%
0.5
-18%
0.5
N/A
0.5
N/A
0.51
+2%
0.5
-2%
0.46
-8%
0.42
-9%
0.46
+10%
0.39
-15%
0.33
-15%
0.3
-9%
0.32
+7%
0.41
+28%
0.39
-5%
0.43
+10%
0.47
+9%
0.62
+32%
0.73
+18%
0.83
+14%
1.1
+33%
1.3
+18%
1.23
-5%
1.49
+21%
1.37
-8%
1.26
-8%
1.57
+25%
1.4
-11%
1.44
+3%
1.39
-3%
1.59
+14%
1.67
+5%
1.88
+13%
2.06
+10%
2.02
-2%
2.21
+9%
2.25
+2%
2.41
+7%
2.64
+10%
2.73
+3%
3.15
+15%
3.53
+12%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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