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Hexing Electrical Co Ltd

22.45-19.4%1Y · CNY

Hexing Electrical Co., Ltd. operates in smart power distribution, smart water management, and digital energy-related businesses in China and internationally. Its products include smart metering, data acquisition and communication systems, power distribution equipment, new energy solutions, software and platforms, water treatment, and marine propulsion systems. The company also offers energy management systems, data centers, billing and trading platforms, feeder automation, microgrids, renewable energy stations, and various energy storage solutions. Founded in 2001 and headquartered in Hangzhou, China, it serves power companies, water utilities, industrial and commercial users, and end consumers.

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Hexing Electrical's 2026 interim net profit falls 16.67% to 324 million yuan

Hexing Electrical released its 2026 interim report, with net profit attributable to the parent company of 324 million yuan, down 16.67% from the same period last year. Total operating revenue was 2.388 billion yuan, up 24.66% year on year, but net profit attributable to the parent company decreased by 64.7539 million yuan. Net cash inflow from operating activities was 802,400 yuan, an increase of 22.3562 million yuan compared with the same period last year. The company's latest asset-liability ratio was 29.85%, gross margin was 37.35%, and diluted earnings per share was 0.67 yuan.
603556.CG · Capital · Negative Net profit attributable to parent fell 16.67% year-on-year despite revenue growth.
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Hexing Electrical and Others Jointly Invest to Establish Chenguang Zhilian Technology Company

Recently, Hangzhou Chenguang Zhilian Technology Co., Ltd. was established, with a business scope covering the sales of semiconductor lighting devices, research and development of emerging energy technologies, energy storage technical services, and intelligent control system integration. According to Qichacha equity penetration data, the company is jointly held by Hexing Electrical and others.
603556.CG · Capital · Neutral Hexing Electrical is a joint investor in the newly established company, but the impact on Hexing is unclear as the venture's prospects are not detailed.
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Electrification & Mobility▲

Hexing Electrical and Others Jointly Establish New Energy Company with Battery Manufacturing Business

Hangzhou Woruida New Energy Company has recently been established, with a business scope covering battery manufacturing, battery sales, and the production and sales of battery components. According to Qichacha equity penetration data, the company is jointly held by Hexing Electrical and other investors.
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Electrification & Mobility › Battery Components & Materials Competition
603556.CG · Capital · Positive Hexing Electrical is a joint holder of the newly established battery manufacturing company, expanding its business scope.
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