Dashboard
1
Poor Management Efficiency with a low ROCE of 0.81%
- The company has been able to generate a Return on Capital Employed (avg) of 0.81% signifying low profitability per unit of total capital (equity and debt)
2
The company is a debt free company
3
Poor long term growth as Net Sales has grown by an annual rate of 22.39% and Operating profit at 14.56% over the last 5 years
4
With ROE of 2.90%, it has a expensive valuation with a 2.65 Price to Book Value
Stock DNA
Other Electrical Equipment
CNY 21,681 Million (Large Cap)
91.00
NA
0.13%
0.10
3.05%
5.12
Revenue and Profits:
Net Sales:
409 Million
(Quarterly Results - Mar 2026)
Net Profit:
30 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-13.3%
0%
-13.3%
6 Months
193.77%
0%
193.77%
1 Year
222.81%
0%
222.81%
2 Years
467.89%
0%
467.89%
3 Years
437.34%
0%
437.34%
4 Years
380.34%
0%
380.34%
5 Years
460.4%
0%
460.4%
Xiamen Changelight Co., Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
22.39%
EBIT Growth (5y)
14.56%
EBIT to Interest (avg)
-0.64
Debt to EBITDA (avg)
3.58
Net Debt to Equity (avg)
0.12
Sales to Capital Employed (avg)
0.45
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
42.51%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0.81%
ROE (avg)
1.83%
Valuation key factors
Factor
Value
P/E Ratio
91
Industry P/E
Price to Book Value
2.65
EV to EBIT
-1058.51
EV to EBITDA
25.18
EV to Capital Employed
2.49
EV to Sales
4.03
PEG Ratio
NA
Dividend Yield
0.25%
ROCE (Latest)
-0.24%
ROE (Latest)
2.90%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ
Mar'26
Dec'25
Change(%)
Net Sales
409.10
650.70
-37.13%
Operating Profit (PBDIT) excl Other Income
-35.60
104.50
-134.07%
Interest
4.40
4.30
2.33%
Exceptional Items
4.10
20.50
-80.00%
Consolidate Net Profit
29.60
26.70
10.86%
Operating Profit Margin (Excl OI)
-87.00%
-19.20%
-6.78%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2026 is -37.13% vs -35.37% in Dec 2025
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2026 is 10.86% vs 42.78% in Dec 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
3,395.70
2,427.50
39.88%
Operating Profit (PBDIT) excl Other Income
458.20
440.20
4.09%
Interest
33.50
56.10
-40.29%
Exceptional Items
26.50
12.50
112.00%
Consolidate Net Profit
114.70
96.10
19.35%
Operating Profit Margin (Excl OI)
-4.50%
-5.80%
0.13%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is 39.88% vs 1.98% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is 19.35% vs 205.08% in Dec 2024
About Xiamen Changelight Co., Ltd. 
Xiamen Changelight Co., Ltd.
Other Electrical Equipment
No Details Available.
Company Coordinates 
No Company Details Available






