Mubang High-Tech Co.,Ltd. (SHA:603398)

China · Delayed Price · Currency is CNY

9.80

-0.32 (-3.16%)

Aug 26, 2026, 3:00 PM CST

Mubang High-Tech 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	416.43	389.08	277.14	1,654	944.32	322.48
Revenue Growth	103.29%	40.39%	-83.24%	75.16%	192.84%	-35.71%
Gross Profit	-186.38	-188.61	-293.61	270.72	166.71	99.37
Operating Income	-335.41	-364.77	-481.78	60.77	-36.33	-9.64
Net Income	-825.01	-819.58	-1,331	28.29	-228.76	-138.08
Earnings Per Share	-1.90	-1.89	-3.18	0.08	-0.67	-0.42
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Toys Business	76.27
Photovoltaic Business	312.81
Total	389.08

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	65.33	27.12	261.12	110.17	50.89	149.93
Total Debt	534.05	829.09	881	1,100	628.16	66.85
Net Cash (Debt)	-468.73	-801.98	-619.87	-990.29	-577.27	83.07
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.08	-1.85	-1.48	-2.80	-1.69	0.25

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	-228.38	-76.46	-2.25	389.88	166.09	-15.98
Capital Expenditures	11.7	-180.41	-544.79	-553.49	-382.47	-53.32
Free Cash Flow	-216.68	-256.87	-547.04	-163.62	-216.37	-69.3
Free Cash Flow Growth	-	-	-	-	-	-

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	-44.76%	-48.48%	-105.94%	16.37%	17.65%	30.81%
Operating Margin	-80.54%	-93.75%	-173.84%	3.67%	-3.85%	-2.99%
Pretax Margin	-198.80%	-208.67%	-514.89%	1.79%	-22.58%	-43.44%
Profit Margin	-198.11%	-210.65%	-480.09%	1.71%	-24.22%	-42.82%
FCF Margin	-52.03%	-66.02%	-197.39%	-9.89%	-22.91%	-21.49%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 26, 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	-	-	-	216.93	-	-
Forward PE	-	42.43	42.43	42.43	42.43	42.43
PS Ratio	10.21	9.22	36.00	3.71	10.22	21.02