Haiyang Technology Co., Ltd. (SHA:603382)

China · Delayed Price · Currency is CNY

19.11

+0.27 (1.43%)

Sep 30, 2026, 4:00 PM EDT

Haiyang Technology 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	Jun '26 Jun 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	4,140	4,276	5,542	4,113	4,067	3,947
Revenue Growth	-19.74%	-22.85%	34.76%	1.12%	3.06%	43.06%
Gross Profit	394.43	382.72	396.68	319.12	381.16	551.23
Operating Income	128.21	135.7	184.08	163.71	196.42	350.56
Net Income	100.67	114.85	165.83	124.91	154	276.99
Earnings Per Share	0.56	0.72	1.22	0.92	1.13	2.34
EPS Growth	-54.87%	-40.98%	32.61%	-18.58%	-51.71%	680.00%

Revenue by Geography

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Mainland China	2,602
Foreign	1,589
China, Hong Kong, Macao and Taiwan	85.39
Total	4,276

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	587.56	545.86	347.16	349.01	290.72	300.24
Total Debt	863.22	516.1	444.64	398.7	402.77	407.34
Net Cash (Debt)	-275.66	29.76	-97.49	-49.69	-112.05	-107.1
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.52	0.19	-0.72	-0.37	-0.82	-0.90

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	399.59	247.54	197.13	337.86	216.52	205.65
Capital Expenditures	-836.21	-539.66	-267.13	-338.9	-175.28	-76.96
Free Cash Flow	-436.62	-292.12	-70	-1.04	41.24	128.69
Free Cash Flow Growth	-	-	-	-	-67.95%	538.20%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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
Gross Margin	9.53%	8.95%	7.16%	7.76%	9.37%	13.97%
Operating Margin	3.10%	3.17%	3.32%	3.98%	4.83%	8.88%
Pretax Margin	2.78%	3.17%	3.54%	4.06%	4.83%	8.29%
Profit Margin	2.43%	2.69%	2.99%	3.04%	3.79%	7.02%
FCF Margin	-10.55%	-6.83%	-1.26%	-0.03%	1.01%	3.26%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 8, 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
Dividend Per Share	0.300	0.300	-	-	0.150	0.150
Dividend Per Share Growth	0%	-	-	-	0%	150.00%
Dividend Yield	1.57%	0.94%	-	-	-	-

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 8, 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	34.43	50.88	-	-	-	-
PS Ratio	0.84	1.37	-	-	-	-