EGing Photovoltaic Technology Co.,Ltd. (SHA:600537)

China · Delayed Price · Currency is CNY

2.220

+0.070 (3.26%)

Jul 31, 2026, 3:00 PM CST

SHA:600537 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,489	1,927	3,478	8,102	9,876	4,083
Revenue Growth	-51.66%	-44.58%	-57.07%	-17.96%	141.86%	-0.36%
Gross Profit	3.13	6.94	-415.25	542.29	492.55	-42
Operating Income	-246.8	-230.65	-713.06	172.27	101.62	-309.04
Net Income	-540.11	-527.77	-2,090	67.59	127.35	-602.58
Earnings Per Share	-0.49	-0.45	-1.77	0.06	0.11	-0.51
EPS Growth	-	-	-	-45.45%	-	-

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Photovoltaic Products	1,963
Power Generation Business	159.87
Inter-Segment Elimination	-195.44
Total	1,927

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	255.02	581.58	1,036	3,161	4,232	3,011
Total Debt	363.14	1,282	1,267	1,186	1,154	990.03
Net Cash (Debt)	-108.12	-700.05	-230.69	1,975	3,077	2,021
Net Cash Growth	-	-	-	-35.83%	52.26%	5.84%
Net Cash Per Share	-0.10	-0.60	-0.20	1.75	2.66	1.71

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	207.44	122.4	32.24	34.72	373.45	-93.93
Capital Expenditures	-80.65	-103.91	-170.42	-655.95	-482.31	-733.88
Free Cash Flow	126.79	18.5	-138.18	-621.23	-108.86	-827.81
Free Cash Flow Growth	116.94%	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	0.21%	0.36%	-11.94%	6.69%	4.99%	-1.03%
Operating Margin	-16.57%	-11.97%	-20.50%	2.13%	1.03%	-7.57%
Pretax Margin	-33.58%	-25.07%	-69.78%	1.48%	1.27%	-16.35%
Profit Margin	-36.27%	-27.38%	-60.10%	0.83%	1.29%	-14.76%
FCF Margin	8.51%	0.96%	-3.97%	-7.67%	-1.10%	-20.27%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	97.44	52.27	-
Forward PE	-	10.57	10.57	10.57	14.49	14.49
P/FCF Ratio	20.73	266.24	-	-	-	-
PS Ratio	1.76	2.56	1.05	0.81	0.67	1.36