Western Superconducting Technologies Co., Ltd. (SHA:688122)

SHA:688122 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	5,232	5,226	4,612	4,159	4,227	2,927
Revenue Growth	6.94%	13.30%	10.91%	-1.62%	44.41%	38.55%
Gross Profit Gross Profit Growth	1,505	1,607	1,507	1,302	1,651	1,154
Operating Income Operating Income Growth	784.87	898.83	919.78	742.26	1,157	754.68
Net Income Net Income Growth	713.11	839.27	800.79	752.37	1,080	741.48
Earnings Per Share EPS Growth	1.11	1.29	1.23	1.16	1.66	1.20
EPS Growth	-16.09%	4.81%	6.43%	-30.33%	38.50%	100.00%

Revenue by Geography

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Fiscal Year	FY 2025
Period Ending	Dec 31, 2025
China China Growth	4,929
Overseas Overseas Growth	293.02
Total Total Growth	5,222

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	2,388	2,858	2,376	2,667	3,287	2,697
Total Debt Total Debt Growth	3,076	3,263	2,655	2,720	2,440	1,485
Net Cash (Debt) Net Cash Growth	-688.5	-405.34	-279.68	-53.83	846.25	1,213
Net Cash Growth	-	-	-	-	-30.21%	-
Net Cash Per Share Net Cash Per Share Growth	-1.07	-0.62	-0.43	-0.08	1.30	1.96

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	293.04	605.93	446.42	161.57	298.37	227.17
Capital Expenditures CapEx Growth	-308.88	-315.46	-352.38	-409.27	-661.96	-287.85
Free Cash Flow Free Cash Flow Growth	-15.84	290.47	94.03	-247.69	-363.59	-60.68
Free Cash Flow Growth	-	208.91%	-	-	-	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	28.76%	30.75%	32.66%	31.30%	39.05%	39.41%
Operating Margin	15.00%	17.20%	19.94%	17.85%	27.36%	25.78%
Pretax Margin	17.33%	19.96%	21.81%	20.87%	29.28%	29.09%
Profit Margin	13.63%	16.06%	17.36%	18.09%	25.55%	25.33%
FCF Margin	-0.30%	5.56%	2.04%	-5.96%	-8.60%	-2.07%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.400	0.400	0.750	0.700	0.714	0.714
Dividend Per Share Growth	-46.67%	-46.67%	7.14%	-2.00%	0%	150.02%
Dividend Yield	0.76%	0.54%	1.79%	1.37%	1.11%	1.10%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	47.53	57.73	34.74	45.96	40.69	57.69
Forward PE	33.48	40.63	27.25	27.94	31.88	54.01
P/FCF Ratio	-	166.81	295.85	-	-	-
PS Ratio	6.55	9.27	6.03	8.32	10.40	14.61

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 31, 2026

Data Sources Report a data error