Thinker Agricultural Machinery Co., Ltd. (SHA:603789)

China · Delayed Price · Currency is CNY

6.24

-0.04 (-0.64%)

Sep 3, 2026, 11:29 AM CST

SHA:603789 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	450.77	386.4	274.64	308.4	243.91	401.85
Revenue Growth	44.89%	40.70%	-10.95%	26.44%	-39.30%	61.76%
Gross Profit	45.95	0.17	-45.91	2.3	-14.13	-31.65
Operating Income	-80.82	-125.53	-153.36	-86.16	-152.03	-215.23
Net Income	-136.74	-98.99	-178.5	-55.79	-158.7	-185.46
Earnings Per Share	-0.51	-0.37	-0.65	-0.21	-0.61	-0.71
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Agricultural Machinery	209.46
Agricultural Services	13.03
Offset of Business Segment	-67.47
Structural Parts Business Division	231.38
Total	386.4

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	73.76	92.78	59.93	116.14	73.13	130.98
Total Debt	300.7	404.14	358.39	256.22	298.79	319.35
Net Cash (Debt)	-226.94	-311.36	-298.46	-140.07	-225.65	-188.37
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.84	-1.15	-1.09	-0.54	-0.87	-0.72

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	-60.34	-92.32	-56.67	17.31	-15.98	25.17
Capital Expenditures	-27.58	-27.16	-77.84	-98.67	-27.37	-8.86
Free Cash Flow	-87.92	-119.49	-134.51	-81.36	-43.35	16.3
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	10.19%	0.04%	-16.72%	0.75%	-5.79%	-7.88%
Operating Margin	-17.93%	-32.49%	-55.84%	-27.94%	-62.33%	-53.56%
Pretax Margin	-27.76%	-20.59%	-62.72%	-17.56%	-64.76%	-54.06%
Profit Margin	-30.33%	-25.62%	-64.99%	-18.09%	-65.06%	-46.15%
FCF Margin	-19.50%	-30.92%	-48.98%	-26.38%	-17.77%	4.06%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 3, 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
P/FCF Ratio	-	-	-	-	-	201.56
PS Ratio	3.63	3.58	7.33	9.06	9.17	8.18