Ningbo Ronbay New Energy Technology Co.,Ltd. (SHA:688005)

China · Delayed Price · Currency is CNY

26.55

+0.95 (3.71%)

Jul 27, 2026, 3:00 PM CST

SHA:688005 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	14,740	12,267	15,088	22,657	30,123	10,259
Revenue Growth	2.02%	-18.69%	-33.41%	-24.78%	193.63%	170.36%
Gross Profit	1,156	845.64	1,457	1,691	2,755	1,572
Operating Income	219.27	-42.31	538.45	901.46	1,709	955.31
Net Income	-9.65	-187.44	295.91	580.91	1,353	911.04
Earnings Per Share	-0.01	-0.27	0.42	0.85	1.99	1.35
EPS Growth	-	-	-50.59%	-57.36%	47.76%	318.81%

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Cathode Material	11,734
Precursor	104.55
Other	0.93
Total	11,840

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	2,676	3,058	3,631	5,797	5,071	2,828
Total Debt	7,960	6,799	6,387	5,542	5,057	1,250
Net Cash (Debt)	-5,284	-3,742	-2,756	255.3	14.73	1,578
Net Cash Growth	-	-	-	1633.45%	-99.07%	-9.56%
Net Cash Per Share	-7.61	-5.39	-3.91	0.37	0.02	2.34

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	71.13	1,135	523.4	1,795	-240.98	-191.85
Capital Expenditures	-676.84	-570.29	-1,776	-1,637	-3,091	-1,904
Free Cash Flow	-605.71	564.92	-1,252	158.47	-3,332	-2,096
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	7.84%	6.89%	9.66%	7.46%	9.15%	15.32%
Operating Margin	1.49%	-0.34%	3.57%	3.98%	5.67%	9.31%
Pretax Margin	0.42%	-0.99%	2.85%	3.41%	5.25%	9.87%
Profit Margin	-0.07%	-1.53%	1.96%	2.56%	4.49%	8.88%
FCF Margin	-4.11%	4.61%	-8.30%	0.70%	-11.06%	-20.43%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 28, 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	0.370	-	0.370	0.203	0.203	0.138
Dividend Per Share Growth	81.94%	-	81.91%	0.34%	47.31%	127.81%
Dividend Yield	1.39%	-	1.78%	0.79%	0.46%	0.18%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 28, 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	-	-	51.50	33.18	22.91	56.84
Forward PE	42.40	39.86	26.04	12.10	14.13	40.93
P/FCF Ratio	-	44.16	-	121.61	-	-
PS Ratio	1.27	2.03	1.01	0.85	1.03	5.05