Solbar Ningbo Protein Technology Co., Ltd. (SHA:603231)
China flag China · Delayed Price · Currency is CNY
15.04
+0.02 (0.13%)
Aug 4, 2026, 3:00 PM CST

SHA:603231 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,8441,7481,5551,7481,8471,586
Revenue Growth
18.63%12.39%-11.04%-5.33%16.44%24.05%
Gross Profit
279.54289.51182.7236.62243.89222.02
Operating Income
205.1214.53115.42163.56176.52153.77
Net Income
177.02189.72121.18145.98168.03123.94
Earnings Per Share
0.930.990.631.051.170.86
EPS Growth
38.94%57.14%-40.00%-10.26%36.05%26.47%

Revenue by Geography

Fiscal YearFY 2025
Period EndingDec '25
China
1,143
Overseas
605.42
Total
1,748

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
881.04894.74820.341,07388.87122.98
Total Debt
24.0424.2624.4984.885.77104.21
Net Cash (Debt)
857870.48795.85988.353.118.77
Net Cash Growth
20.60%9.38%-19.48%31800.49%-83.50%-83.05%
Net Cash Per Share
4.514.544.147.110.020.13

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
378.61311.11147.69143.87186.39161.79
Capital Expenditures
-172.71-189.99-168.51-99.67-144.11-160.53
Free Cash Flow
205.9121.12-20.8344.242.271.26
Free Cash Flow Growth
---4.57%3254.04%-98.99%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
15.16%16.56%11.75%13.53%13.21%14.00%
Operating Margin
11.12%12.27%7.42%9.35%9.56%9.70%
Pretax Margin
11.26%12.79%9.26%9.85%10.22%8.99%
Profit Margin
9.60%10.85%7.79%8.35%9.10%7.81%
FCF Margin
11.17%6.93%-1.34%2.53%2.29%0.08%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.3700.3700.3000.5000.3000.400
Dividend Per Share Growth
23.33%23.33%-40.00%66.67%-25.00%-20.00%
Dividend Yield
2.51%2.07%1.91%2.28%--

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
16.1218.4925.8630.85--
Forward PE
-15.33----
P/FCF Ratio
13.9728.96-101.87--
PS Ratio
1.562.012.022.58--