Shenzhen SunXing Light Alloys Materials Co.,Ltd. (SHA:603978)

China · Delayed Price · Currency is CNY

20.19

-0.57 (-2.75%)

Sep 11, 2026, 3:00 PM CST

SHA:603978 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	3,697	3,265	2,563	1,579	1,524	1,376
Revenue Growth	27.51%	27.38%	62.32%	3.60%	10.80%	39.51%
Gross Profit	178.08	127.75	65.12	59.11	89.38	152.83
Operating Income	24.07	-7.34	-92.88	-59.4	-36.93	36.82
Net Income	-36.95	-79.33	-291.17	-141.43	-48.08	28.78
Earnings Per Share	-0.18	-0.38	-1.70	-1.08	-0.29	0.18
EPS Growth	-	-	-	-	-	0%

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Non-Ferrous Metal Smelting and Rolling Processing	3,035
New Energy Lithium Battery Materials	213.26
Total	3,248

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	845.04	349.02	260.85	349.35	365.77	164.88
Total Debt	1,910	1,516	1,476	1,585	1,051	653.23
Net Cash (Debt)	-1,065	-1,167	-1,215	-1,236	-685.2	-488.35
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.14	-5.59	-7.09	-9.43	-4.13	-3.05

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	-227.96	-124.48	-247.16	-205.9	-146.39	-208.63
Capital Expenditures	-56.57	-40.18	-207.24	-271.58	-64.79	-53.84
Free Cash Flow	-284.53	-164.67	-454.4	-477.49	-211.18	-262.47
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	4.82%	3.91%	2.54%	3.74%	5.86%	11.11%
Operating Margin	0.65%	-0.22%	-3.62%	-3.76%	-2.42%	2.68%
Pretax Margin	-1.16%	-2.42%	-10.94%	-8.29%	-3.69%	2.09%
Profit Margin	-1.00%	-2.43%	-11.36%	-8.96%	-3.16%	2.09%
FCF Margin	-7.70%	-5.04%	-17.73%	-30.23%	-13.85%	-19.08%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 13, 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	-	-	-	-	-	153.84
Forward PE	-	45.00	45.00	45.00	45.00	45.00
PS Ratio	1.14	1.80	1.25	1.72	1.99	3.22