Guangdong Meiyanjixiang Hydropower Co.,Ltd. (SHA:600868)

China · Delayed Price · Currency is CNY

2.690

+0.060 (2.28%)

Nov 3, 2026, 3:00 PM CST

SHA:600868 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	Sep '26 Sep 30, 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	495.54	369.43	357.29	313.67	484.85	348.46
Revenue Growth	59.82%	3.40%	13.90%	-35.30%	39.14%	91.43%
Net Income	-74.4	-97.09	-82.82	-100.28	59.03	8.99
Earnings Per Share	-0.04	-0.05	-0.04	-0.05	0.03	0.00
EPS Growth	-	-	-	-	561.70%	-73.97%

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Hydroelectricity	158.86
Geographic Information	87.41
Bpo Business	85
Biogas power generation and natural gas purification	17.64
Recoated anode plate	10.25
Total	359.16

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	574.86	495.5	562.78	339.73	329.55	274.57
Total Debt	292.24	589.27	413.03	159.69	151.84	137.79
Net Cash (Debt)	282.62	-93.77	149.75	180.05	177.7	136.79
Net Cash Growth	-	-	-16.83%	1.32%	29.91%	-63.91%
Net Cash Per Share	0.14	-0.05	0.08	0.09	0.09	0.07

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	114.13	78.72	100.82	96.6	79.4	-12.9
Capital Expenditures	-17.82	-35.33	-35.28	-25.9	-12.88	-9.96
Free Cash Flow	96.3	43.39	65.54	70.7	66.53	-22.85
Free Cash Flow Growth	134.05%	-33.79%	-7.30%	6.27%	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Pretax Margin	-31.19%	-52.92%	-35.16%	-34.36%	18.03%	9.56%
Profit Margin	-15.02%	-26.28%	-23.18%	-31.97%	12.17%	2.58%
FCF Margin	19.43%	11.74%	18.34%	22.54%	13.72%	-6.56%

Dividends

Fiscal Year	FY 2022	FY 2021
Period Ending	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.010	0.002
Dividend Per Share Growth	400.00%	-66.67%
Dividend Yield	0.38%	0.07%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 3, 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	-	-	-	-	85.86	626.83
P/FCF Ratio	50.99	139.06	70.92	68.47	76.18	-
PS Ratio	9.91	16.33	13.01	15.43	10.45	16.18