Stock

Luxshare Precision Industry Co.

002475.SZ

Hardware, Equipment & Parts · Technology

Price

¥47.01

-0.97 (-2.02%)

Market Cap

¥345.39B

Exchange

Shenzhen Stock Exchange

Winston Score

Winston is curious

A decent business — some strong pillars, some weaker.

Data as of Oct 23, 2026 · filings through Jun 30, 2026

§How the score breaks down

Quality

Weak

5/30

Growth

Exceptional

19/20

Cash Flow

Good

5/10

Stability

Good

6/10

Valuation

Strong

8/10

Ownership

Good

10/15

Dividends

Good

3/5

56 of 100 counted points = Winston Score 56.

Track this stock — start free trial

Share count rising — dilution

+2.8% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 7.14B (2021) → 7.35B (2025)

§Winston Score History

The full picture

Luxshare Precision is a Chinese electronics manufacturer that makes connectors, cables, and assembled consumer electronics products. It is a major supplier to Apple, assembling AirPods, Apple Watch, and increasingly iPhones. The company also serves the automotive and communications industries, making it one of China's largest precision components and assembly companies.

Luxshare earns revenue primarily by manufacturing and assembling hardware components and finished devices for big technology brands. It is headquartered in Dongguan, China, with factories across the country and growing operations in Vietnam and other parts of Southeast Asia. Its competitive position rests on large-scale manufacturing capabilities and deep integration with Apple's supply chain, but heavy customer concentration in Apple represents a significant risk if that relationship changes or if geopolitical tensions disrupt cross-border supply chains.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+44.5% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+14.0% YoY

YoY Growth Rate

Steady EPS growth

R&D Spend

¥11.4B/ year

↑ Rising (+34% vs prior year)

3.4% of revenue

Below sector average (15%)

R&D investment increasing — building for the future

Insider Activity

38.9%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

¥151.4B cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

Luxshare Precision Industry Co. grew revenue 44% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

10.8%

Thin — 10.8% gross margin

Profit after running costs

Operating Margin

4.1%

Thin — 4.1% operating margin

Return on the money invested

ROCE

7.4%

Weak — 7.4% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+32.0%

Fast-growing sales (+32.0% YoY)

Profit growth

EPS YoY

+20.5%

Earnings growing fast (+20.5% YoY)

Healthy double-digit earnings growth — what compounders look like.

How steady the profit is

EPS Consistency

8/8 quarters

Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

99%

Turns 99% of profit into real cash

Spare cash per sale

FCF Margin

-0.3%

Burning cash (-0.3%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

1.57

Elevated debt (1.57)

Covers its interest

Interest Cover

8.81x

Comfortably covers interest (8.8x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

19.3x

Fair value — P/E 19.3

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year

P/E vs Forward

+9.4

GROWING

Earnings expected to grow meaningfully — cheaper on forward P/E (19.3 → 9.9)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

0.28%

Small dividend — 0.28% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend record

Dividend Growth

+69.8%

Dividend growing fast (69.8% YoY)

Payout Ratio

26%

no trend

Pays out a modest share of profit and keeps the rest to reinvest. Room to keep paying through a weak year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial