SHE:300207

Jefferies Downgrades Sunwoda Electronic to Hold from Buy, Adjusts Price Target to 25 Yuan from 29 Yuan

Sunwoda Electronic's Q1 Profit Plunges 70%; Shares Down 4%

Sunwoda Electronic's (SHE:300207) attributable profit plummeted 70% in the first quarter of 2026 to 114 million yuan from 386.3 million yuan a year earlier, according to a Shenzhen Stock Exchange filing on Friday.Earnings per share slipped to 0.06 yuan from 0.21 yuan a year prior.Revenue, however, surged 31% to 16.1 billion yuan from 12.3 billion yuan, which the lithium-ion battery manufacturer attributed to increased demand for batteries in the electric vehicle sector.Shares of the company fell over 4% in recent trade.

Sunwoda Electronic's 2025 Profit Slumps 28%, Revenue Up 13%; Shares Down 4%

Sunwoda Electronic's (SHE:300207) attributable profit plunged 28% to 1.06 billion yuan in 2025 from 1.47 billion yuan a year earlier, according to a Shenzhen Stock Exchange filing on Friday.Earnings per share slipped to 0.57 yuan from 0.79 yuan a year prior.Revenue, however, surged 13% to 63.2 billion yuan from 56 billion yuan.Shares of the lithium-ion battery manufacturer fell over 4% in recent trade.