Ningbo Shanshan Co.,Ltd. (SHA:600884)

China · Delayed Price · Currency is CNY

12.31

-0.44 (-3.45%)

Jul 24, 2026, 3:00 PM CST

Ningbo Shanshan 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	22,163	21,587	18,680	19,070	21,702	20,699
Revenue Growth	12.32%	15.56%	-2.05%	-12.13%	4.84%	151.94%
Gross Profit	3,822	3,520	2,635	2,865	5,147	5,151
Operating Income	1,648	1,399	626.51	1,005	3,128	3,285
Net Income	755.82	457.92	-367.14	765.34	2,691	3,340
Earnings Per Share	0.35	0.21	-0.17	0.35	1.23	2.04
EPS Growth	-	-	-	-71.55%	-39.71%	2003.11%

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Polarizer Plate	11,427
Lithium Battery Materials	10,148
Others	12.09
Total	21,587

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	2,832	2,620	2,771	4,856	4,742	9,295
Total Debt	16,317	16,181	17,206	19,108	10,265	11,871
Net Cash (Debt)	-13,485	-13,561	-14,435	-14,252	-5,523	-2,576
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.33	-6.32	-6.68	-6.52	-2.52	-1.57

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	2,536	2,259	1,860	-198.13	506.5	-364.5
Capital Expenditures	-925.76	-1,569	-3,826	-5,963	-4,304	-1,379
Free Cash Flow	1,611	690.07	-1,966	-6,162	-3,798	-1,743
Free Cash Flow Growth	-	-	-	-	-	-

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	17.25%	16.30%	14.11%	15.03%	23.72%	24.88%
Operating Margin	7.44%	6.48%	3.35%	5.27%	14.41%	15.87%
Pretax Margin	4.27%	2.86%	-1.47%	5.18%	15.64%	22.58%
Profit Margin	3.41%	2.12%	-1.97%	4.01%	12.40%	16.13%
FCF Margin	7.27%	3.20%	-10.52%	-32.31%	-17.50%	-8.42%

Dividends

Fiscal Year	FY 2023	FY 2022	FY 2021
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.200	0.300	0.330
Dividend Per Share Growth	-33.33%	-9.09%	266.67%
Dividend Yield	1.50%	1.72%	1.06%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 25, 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	35.03	63.38	-	39.40	15.31	15.97
Forward PE	20.80	35.80	7.87	10.48	11.78	24.70
P/FCF Ratio	16.55	42.06	-	-	-	-
PS Ratio	1.20	1.34	0.86	1.58	1.90	2.58