Breaking Down Wuxi Autowell Technology Co.,Ltd. Financial Health: Key Insights for Investors

A rapid rise followed by a sobering pullback: Wuxi Autowell posted a standout revenue of 9.20 billion CNY in 2024 (up 45.94% year-over-year) but its TTM revenue fell to 6.93 billion CNY as of Sept 30, 2025 (a 23.01% decline), while analysts still foresee 2025 revenue of 9.7 billion CNY and EPS growth to 5.08 CNY; profitability metrics show a 2024 net income of 1.27 billion CNY (net margin ~13.8%), operating margin 16.91% and EBITDA margin 18.03% even as cash dynamics reveal total debt of 3.19 billion CNY, equity of 3.77 billion CNY and a net debt position of -1.07 billion CNY alongside a current ratio of 1.39, quick ratio of 0.77, cash of 2.11 billion CNY, an Altman Z-Score of 1.88 and Piotroski F-Score of 4 - juxtaposed with valuation cues such as a TTM P/E around 10.69, forward P/E of 5.14, P/S of 1.91 and market cap of 13.29 billion CNY, creating a complex risk-reward profile tied to photovoltaic and lithium-battery demand trends.

Wuxi Autowell Technology Co.,Ltd. (688516.SS) - Revenue Analysis

Wuxi Autowell Technology Co.,Ltd. reported material swings in top-line performance between 2024 and the trailing twelve months (TTM) ending September 30, 2025, driven by sector-specific demand fluctuations and recent softening.

• 2024 revenue: 9.20 billion CNY (up 45.94% from 6.30 billion CNY in 2023)
• TTM revenue (as of 2025-09-30): 6.93 billion CNY (down 23.01% YoY)
• Revenue per share (TTM): 26.01 CNY
• Price-to-Sales (P/S) ratio: 1.91
• Analyst 2025 revenue forecast: 9.7 billion CNY (implied growth of ~8.7% vs. last 12 months)
• Primary 2024 growth drivers: photovoltaic and lithium battery demand
• Recent decline indicates challenges in sustaining the 2024 momentum

Key context and implications for investors:

• The 2024 surge to 9.20 billion CNY was concentrated in photovoltaic and lithium battery end markets, signaling exposure to cyclical demand in clean-energy supply chains.
• The 23.01% TTM revenue decline to 6.93 billion CNY suggests either waning demand, order timing shifts, or execution/fulfillment constraints following the 2024 peak.
• With revenue per share of 26.01 CNY and a P/S of 1.91, the market is pricing a moderate revenue valuation; sensitivity to further revenue erosion could compress multiples.
• Analyst expectations for 9.7 billion CNY in 2025 assume a substantial rebound; investors should monitor quarterly order trends in photovoltaics and lithium batteries to validate those projections.

For additional corporate background linked to these revenue drivers, see: Wuxi Autowell Technology Co.,Ltd.: History, Ownership, Mission, How It Works & Makes Money

Wuxi Autowell Technology Co.,Ltd. (688516.SS) Profitability Metrics

• Net income (2024): 1.27 billion CNY - net profit margin ~13.8%.
• Trailing twelve months (TTM) EPS: 1.57 CNY; current P/E: 28.73.
• Operating margin: 16.91% (YoY growth: +4.81 percentage points).
• EBITDA margin: 18.03% (increase of 6.86% vs prior year).
• Gross profit margin: 28.43% (YoY growth: +31.37%).
• Analyst 2025 EPS forecast: 5.08 CNY (implied increase: +21% from current baseline projections noted by analysts).

Wuxi Autowell Technology Co.,Ltd. (688516.SS) - Debt vs. Equity Structure

A focused look at the balance between debt and equity, cash-flow dynamics, and solvency indicators for Wuxi Autowell Technology Co.,Ltd. (688516.SS).

• Debt-to-Equity Ratio: 0.85 - moderate leverage relative to equity.
• Total Debt: 3,190,000,000 CNY (3.19 billion CNY).
• Book Equity: 3,770,000,000 CNY (3.77 billion CNY).
• Net Cash Position: -1,070,000,000 CNY (net debt of 1.07 billion CNY).
• Operating Cash Flow (TTM): 968,250,000 CNY.
• Capital Expenditures (TTM): 423,400,000 CNY.
• Free Cash Flow (TTM): 544,850,000 CNY (Operating CF - CapEx).
• Interest Coverage Ratio: 10.44 - earnings cover interest expense by ~10.4x.
• Altman Z-Score: 1.88 - indicates elevated financial distress risk under the Z-Score model.

Key practical takeaways for investors:

• Leverage is material but not extreme (D/E 0.85); equity base (~3.77B CNY) provides a buffer.
• Positive free cash flow (~544.85M CNY) supports operations and debt servicing despite net debt.
• Interest coverage (~10.44x) suggests manageable interest burden today.
• Altman Z-Score (1.88) flags elevated insolvency risk - monitor profitability, cash trends, and debt maturities.

For context on company purpose and strategic direction, see: Mission Statement, Vision, & Core Values (2026) of Wuxi Autowell Technology Co.,Ltd.

Wuxi Autowell Technology Co.,Ltd. (688516.SS) - Liquidity and Solvency

Key short-term and solvency metrics for Wuxi Autowell Technology show mixed liquidity with underlying leverage concerns. Below are the principal figures investors should weigh when assessing near-term resilience and bankruptcy risk.

• Strength: 2.11 billion CNY in cash gives flexibility for working capital and short-term needs.
• Weakness: Quick ratio of 0.77 indicates limited ability to settle immediate liabilities without converting inventory.
• Leverage signal: Negative net cash per share (-3.42 CNY) points to net indebtedness that can amplify stress in downturns.
• Financial health flags: Piotroski F-Score of 4 and Altman Z-Score of 1.88 both highlight potential structural issues and creditor risk.

Contextual considerations for investors include inventory turnover dynamics, short-term debt maturities relative to the 2.11 billion CNY cash balance, and trends in operating cash flow that could shift these ratios. For broader investor context and shareholder activity, see Exploring Wuxi Autowell Technology Co.,Ltd. Investor Profile: Who's Buying and Why?

Wuxi Autowell Technology Co.,Ltd. (688516.SS) - Valuation Analysis

Key market valuation metrics for Wuxi Autowell Technology Co.,Ltd. provide a snapshot of how the market prices the company relative to earnings, book equity, revenue and EBITDA.

• Trailing twelve months (TTM) P/E: 10.69 - a relatively low multiple, suggesting current price is modest vs. recent earnings.
• Forward P/E: 5.14 - market-implied significantly higher expected earnings (or near-term EPS acceleration).
• Price-to-Book (P/B): 2.49 - market values the firm at ~2.5x its book equity.
• Enterprise Value / Revenue (EV/Rev): 1.27 - enterprise value slightly above annual revenue, indicative of moderate revenue multiple.
• Enterprise Value / EBITDA (EV/EBITDA): 8.00 - implies an 8x multiple on operating cash-profit before capex, tax and financing.
• Market Capitalization: 13.29 billion CNY (as of December 12, 2025).

Practical considerations for investors:

• Compare TTM vs. forward P/E spread to validate whether forward multiple is driven by sustainable earnings growth or temporary factors.
• Use EV/EBITDA (8.00) together with margin and capex trends to assess free-cash-flow conversion and realistic payback.
• Assess balance-sheet quality alongside P/B of 2.49 to determine asset revaluation risk or hidden intangible value.
• Cross-check revenue growth and margin expansion to justify an EV/Revenue of 1.27 and the low forward P/E of 5.14.

For corporate context and strategic direction that may influence valuation, see: Mission Statement, Vision, & Core Values (2026) of Wuxi Autowell Technology Co.,Ltd.

Wuxi Autowell Technology Co.,Ltd. (688516.SS) - Risk Factors

• Liquidity squeeze: Quick ratio 0.77 implies reliance on inventory conversion or new financing to meet short-term obligations.
• Leverage sensitivity: Debt-to-equity 0.85 makes earnings and cash flow more important to avoid covenant breaches or costly refinancing.
• Profitability & operational signals: Piotroski F-Score of 4 highlights weaknesses across profitability, leverage/liquidity, and operating efficiency metrics.
• Default risk: Altman Z-Score 1.88 sits below the safe threshold (~3.0), indicating elevated probability of financial distress if performance weakens further.
• Net debt burden: Negative net cash per share (-3.42 CNY) constrains strategic options (M&A, capex) and increases sensitivity to interest-rate moves.
• Top-line deterioration: A 23.01% YoY revenue decline (TTM to 2025-09-30) can compress margins, impair cash flow, and force cost-cutting measures that may damage long-term competitiveness.

Wuxi Autowell Technology Co.,Ltd. (688516.SS) - Growth Opportunities

• Core markets: PV module manufacturing inputs and lithium battery component supply chains.
• Scalable production: capacity expansion potential aligned with utility-scale PV and EV battery ramps.
• Product mix leverage: higher-margin component lines and services can amplify profitability as volumes grow.

• Margin expansion drivers: improved cost management evident in a 28.43% gross margin and 31.37% YoY growth, plus operating margin expansion to 16.91%.
• Profitability signals: EBITDA margin of 18.03% (up 6.86% YoY) highlights operational leverage as fixed costs are spread over higher volumes.
• Valuation perspective: forward P/E of 5.14 implies market-expected earnings growth and a potentially attractive entry multiple for investors comfortable with sector cyclicality.