Wuxi Sunlit Science and Technology Company Limited logo

Wuxi Sunlit Science and Technology Company Limited

1289.HK

HKSEIndustrialsIndustrial - Machinery

Latest quote

HK$2.05

+HK$0.025 · +1.23%

Aug 20, 3:53 PM HKT

1289.HK company overview

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Company profile

Company website

Wuxi Sunlit Science and Technology Company Limited offers a comprehensive suite of services to the steel wire product manufacturing sector across the People's Republic of China. Its core activities encompass the entire lifecycle of specialized production lines, from initial research and development and design to manufacturing, equipment supply, installation, testing, repair, and ongoing maintenance. The company's extensive product range includes various production lines for specific applications, such as brass electroplating wire, bead wire, pre-treatment processes, inter-medium heat treatment, and both hot dip and electro galvanizing. Beyond these complete systems, Wuxi Sunlit also provides individual components and machinery. This includes gas furnaces, water quenching baths, lead baths designed for heat treatment, advanced diffusion induction heating systems, take-up and pay-off mechanisms, and acid mist scrubbers. Furthermore, it supplies specialized equipment like wire bunching, wire drawing, wrapping, and die repair machines. In addition to its primary manufacturing focus, Wuxi Sunlit is also involved in the trading of machinery products. The company actively participates in software development and the commercialization of software patent rights. The products developed by Wuxi Sunlit find broad application across numerous industrial sectors, contributing to the production of items such as radial tire steel cords, bead wires, cutting wires, hose wires, precision wire ropes, and a wide array of other steel wire derivatives. Founded in 2006, the company is headquartered in Wuxi, located in the People's Republic of China.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
CN
CEO
Degang Zhang
Listed since
Nov 11, 2014
Employees
153

Market position

Day range

Current HK$2.05

52-week range

Current HK$2.05

Open
HK$2.055
Previous close
HK$2.025
Volume
22K
0.58× average
Average volume
37.69K
Average daily volume
Market cap
262.4M HKD
Beta
-0.08
Market reference 1
50-day average
HK$2.0984
-2.31% below average
200-day average
HK$2.423
-15.39% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
232.76M CNY
P/E (TTM)
6.69×
P/B (TTM)
0.31×
P/S (TTM)
1.22×
EV / EBITDA
4.58×
Earnings yield
10.21%
Free cash flow yield
11.04%
Dividend yield
8.98%

Profitability & efficiency

Gross margin
29.29%
Operating margin
21.07%
Net margin
18.33%
Return on equity
4.59%
Return on assets
3.63%
Return on invested capital
4.24%

Financial health

Debt / equity
0.04×
Current ratio
3.93×
Altman Z-score
2.82
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends34%22%10%-2%Gross margin, FY2021: 21.33%Gross margin, FY2022: 22.82%Gross margin, FY2023: 30.60%Gross margin, FY2024: 27.75%Gross margin, FY2025: 29.29%Operating margin, FY2021: 0.92%Operating margin, FY2022: 9.83%Operating margin, FY2023: 8.96%Operating margin, FY2024: 10.72%Operating margin, FY2025: 21.07%Net margin, FY2021: 2.82%Net margin, FY2022: 10.86%Net margin, FY2023: 9.37%Net margin, FY2024: 9.60%Net margin, FY2025: 18.33%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 21.33%. Gross margin FY2022 22.82%. Gross margin FY2023 30.60%. Gross margin FY2024 27.75%. Gross margin FY2025 29.29%. Operating margin FY2021 0.92%. Operating margin FY2022 9.83%. Operating margin FY2023 8.96%. Operating margin FY2024 10.72%. Operating margin FY2025 21.07%. Net margin FY2021 2.82%. Net margin FY2022 10.86%. Net margin FY2023 9.37%. Net margin FY2024 9.60%. Net margin FY2025 18.33%.

Income trends

Revenue

184.42M CNY-64.26%

Operating income

38.85M CNY-29.75%

Net income

33.81M CNY-31.75%
Income trends across reported periods567.47M CNY361.67M CNY155.88M CNY−49.92M CNYRevenue, FY2021: 167.05M CNYRevenue, FY2022: 208.05M CNYRevenue, FY2023: 313.27M CNYRevenue, FY2024: 516.02M CNYRevenue, FY2025: 184.42M CNYOperating income, FY2021: 1.53M CNYOperating income, FY2022: 20.44M CNYOperating income, FY2023: 28.06M CNYOperating income, FY2024: 55.31M CNYOperating income, FY2025: 38.85M CNYNet income, FY2021: 4.71M CNYNet income, FY2022: 22.6M CNYNet income, FY2023: 29.35M CNYNet income, FY2024: 49.54M CNYNet income, FY2025: 33.81M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 167.05M CNY. Revenue FY2022 208.05M CNY. Revenue FY2023 313.27M CNY. Revenue FY2024 516.02M CNY. Revenue FY2025 184.42M CNY. Operating income FY2021 1.53M CNY. Operating income FY2022 20.44M CNY. Operating income FY2023 28.06M CNY. Operating income FY2024 55.31M CNY. Operating income FY2025 38.85M CNY. Net income FY2021 4.71M CNY. Net income FY2022 22.6M CNY. Net income FY2023 29.35M CNY. Net income FY2024 49.54M CNY. Net income FY2025 33.81M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue184.42M CNY516.02M CNY313.27M CNY208.05M CNY167.05M CNY
Cost of goods sold130.41M CNY372.81M CNY217.39M CNY160.57M CNY131.42M CNY
Gross profit54.01M CNY143.21M CNY95.87M CNY47.48M CNY35.63M CNY
Selling, general, and administrative37.55M CNY60.34M CNY55.77M CNY32.16M CNY30.28M CNY
Operating expenses15.16M CNY87.91M CNY67.81M CNY27.04M CNY34.09M CNY
Interest income8.4M CNY8.43M CNY5.96M CNY2.84M CNY2.55M CNY
Interest expense−68K CNY
Depreciation and amortization10.73M CNY10.65M CNY11.31M CNY10.51M CNY10.12M CNY
Operating income38.85M CNY55.31M CNY28.06M CNY20.44M CNY1.53M CNY
Net income33.81M CNY49.54M CNY29.35M CNY22.6M CNY4.71M CNY

Company facts updated Aug 24, 2026.

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