Ningbo Water Meter (Group) Co.,Ltd. (SHA:603700)
12.75
+0.04 (0.31%)
Apr 24, 2026, 3:00 PM CST
SHA:603700 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 Revenue | 1,743 | 1,490 | 1,777 | 1,545 | 1,702 |
Other Revenue | - | 10.89 | 12.01 | 10.17 | 15.33 |
| 1,743 | 1,501 | 1,789 | 1,555 | 1,717 | |
Revenue Growth (YoY) | 16.18% | -16.13% | 15.06% | -9.45% | 7.99% |
Cost of Revenue | 1,387 | 1,185 | 1,374 | 1,116 | 1,191 |
Gross Profit | 356.16 | 315.15 | 414.97 | 439.35 | 526.7 |
Selling, General & Admin | 193.81 | 187 | 201 | 249.65 | 219.93 |
Research & Development | 76.87 | 73.61 | 69.72 | 60.28 | 62.68 |
Other Operating Expenses | -21.81 | 1.51 | 13.99 | -21.23 | 8.96 |
Operating Expenses | 248.87 | 298.22 | 310.97 | 323.03 | 315.06 |
Operating Income | 107.29 | 16.94 | 104.01 | 116.33 | 211.64 |
Interest Expense | - | -2.01 | -3.7 | -2.86 | -2.31 |
Interest & Investment Income | 49.47 | 2.75 | 4.24 | 8.12 | 16.42 |
Currency Exchange Gain (Loss) | - | 3.35 | 1.65 | 6.26 | -2.56 |
Other Non Operating Income (Expenses) | -57.76 | -4.84 | -1.78 | -1.7 | 6.1 |
EBT Excluding Unusual Items | 98.99 | 16.19 | 104.42 | 126.14 | 229.3 |
Impairment of Goodwill | - | - | - | -0.46 | - |
Gain (Loss) on Sale of Investments | 1.95 | 0.16 | -0.32 | -0.22 | -1.67 |
Gain (Loss) on Sale of Assets | 0.04 | 0.02 | 0.05 | -0.01 | - |
Asset Writedown | -5.12 | 0.2 | -1.26 | -0.45 | -0.65 |
Other Unusual Items | - | 39.73 | 43.51 | 16.99 | 39.54 |
Pretax Income | 95.86 | 56.3 | 146.4 | 141.99 | 266.52 |
Income Tax Expense | 2.6 | 4.05 | 15.31 | 16.37 | 31.93 |
Earnings From Continuing Operations | 93.26 | 52.25 | 131.09 | 125.62 | 234.59 |
Net Income to Company | 93.26 | 52.25 | 131.09 | 125.62 | 234.59 |
Minority Interest in Earnings | 0.09 | 0.16 | 0.17 | 0.77 | 0.78 |
Net Income | 93.35 | 52.42 | 131.26 | 126.39 | 235.37 |
Net Income to Common | 93.35 | 52.42 | 131.26 | 126.39 | 235.37 |
Net Income Growth | 78.09% | -60.07% | 3.86% | -46.30% | -13.81% |
Shares Outstanding (Basic) | 199 | 202 | 199 | 201 | 203 |
Shares Outstanding (Diluted) | 199 | 202 | 199 | 201 | 203 |
Shares Change (YoY) | -1.48% | 1.37% | -0.86% | -1.13% | -0.17% |
EPS (Basic) | 0.47 | 0.26 | 0.66 | 0.63 | 1.16 |
EPS (Diluted) | 0.47 | 0.26 | 0.66 | 0.63 | 1.16 |
EPS Growth | 80.77% | -60.61% | 4.76% | -45.69% | -13.43% |
Free Cash Flow | 94.12 | 16.6 | 123.5 | -153.59 | 20.78 |
Free Cash Flow Per Share | 0.47 | 0.08 | 0.62 | -0.77 | 0.10 |
Dividend Per Share | - | 0.200 | 0.300 | 0.300 | 0.800 |
Dividend Growth | - | -33.33% | - | -62.50% | 100.00% |
Gross Margin | 20.43% | 21.00% | 23.19% | 28.26% | 30.67% |
Operating Margin | 6.15% | 1.13% | 5.81% | 7.48% | 12.32% |
Profit Margin | 5.36% | 3.49% | 7.34% | 8.13% | 13.71% |
Free Cash Flow Margin | 5.40% | 1.11% | 6.90% | -9.88% | 1.21% |
EBITDA | 140.25 | 48.17 | 138.71 | 138.4 | 227.51 |
EBITDA Margin | 8.04% | 3.21% | 7.75% | 8.90% | 13.25% |
D&A For EBITDA | 32.96 | 31.23 | 34.71 | 22.07 | 15.87 |
EBIT | 107.29 | 16.94 | 104.01 | 116.33 | 211.64 |
EBIT Margin | 6.15% | 1.13% | 5.81% | 7.48% | 12.32% |
Effective Tax Rate | 2.71% | 7.19% | 10.45% | 11.53% | 11.98% |
Revenue as Reported | - | 1,501 | 1,789 | 1,555 | 1,717 |
Advertising Expenses | - | 5.33 | 4.19 | 3.97 | 3.9 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.