Mingxin New Material Co.,Ltd. (SHA:605068)

China · Delayed Price · Currency is CNY

19.52

-2.17 (-10.00%)

Aug 3, 2026, 3:00 PM CST

Mingxin New Material 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	Mar '26 Mar 31, 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	1,504	1,483	1,179	905.74	855.55	820.77
Revenue Growth	21.61%	25.76%	30.21%	5.87%	4.24%	1.55%
Gross Profit	107.97	133.09	196.7	231.18	272.35	317.87
Operating Income	0.84	25.38	-174.07	46.8	91.62	156.33
Net Income	-11.1	14.81	-172.15	55.08	100.53	163.39
Earnings Per Share	-0.07	0.09	-1.06	0.33	0.61	0.98
EPS Growth	-	-	-	-45.90%	-37.76%	-43.02%

Revenue by Geography

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
China	1,475
Overseas	9.51
Offset of Business Segment	-1.46
Total	1,483

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	604.32	524.18	521.8	778.56	1,165	831.35
Total Debt	1,146	1,258	1,106	1,045	921.64	455.84
Net Cash (Debt)	-541.82	-733.88	-584.58	-266.1	243.13	375.5
Net Cash Growth	-	-	-	-	-35.25%	-49.30%
Net Cash Per Share	-3.40	-4.46	-3.60	-1.59	1.48	2.25

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	272.24	32.07	14.42	57.27	81.7	64.62
Capital Expenditures	-103.56	-96.85	-240.18	-414.92	-279.36	-188.49
Free Cash Flow	168.68	-64.78	-225.76	-357.65	-197.66	-123.87
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	7.18%	8.97%	16.68%	25.52%	31.83%	38.73%
Operating Margin	0.06%	1.71%	-14.76%	5.17%	10.71%	19.05%
Pretax Margin	-0.97%	1.28%	-17.47%	5.34%	12.81%	22.21%
Profit Margin	-0.74%	1.00%	-14.60%	6.08%	11.75%	19.91%
FCF Margin	11.22%	-4.37%	-19.14%	-39.49%	-23.10%	-15.09%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 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
Dividend Per Share	0.040	0.040	-	-	0.100	0.300
Dividend Per Share Growth	0%	-	-	-	-66.67%	-60.00%
Dividend Yield	0.18%	0.16%	-	-	0.34%	0.85%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 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
PE Ratio	-	280.02	-	65.81	48.99	36.86
Forward PE	162.67	52.18	20.08	26.25	28.26	19.13
PS Ratio	2.11	2.80	1.83	4.00	5.76	7.34