Ningbo Solartron Technology Co.,Ltd. (SHA:688299)

China · Delayed Price · Currency is CNY

11.48

+0.28 (2.50%)

Nov 2, 2026, 3:00 PM CST

SHA:688299 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	Sep '26 Sep 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	960.83	1,094	1,336	1,253	1,153	1,297
Revenue Growth	-15.86%	-18.13%	6.62%	8.70%	-11.08%	24.08%
Gross Profit	220.37	267.56	271.67	307.33	275.1	393.42
Operating Income	-21.72	10.05	30.51	65.7	87.08	182.25
Net Income	-132.92	-143.58	-29.44	95.42	113.43	186.79
Earnings Per Share	-0.47	-0.51	-0.10	0.34	0.40	0.65
EPS Growth	-	-	-	-15.00%	-38.46%	3.17%

Revenue by Geography

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
China	624.37
Export	394.13
Total	1,018

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	475.78	355.85	285.96	387.26	426.49	718.81
Total Debt	683.8	641.93	641.27	536.35	176.34	50.05
Net Cash (Debt)	-208.02	-286.08	-355.31	-149.08	250.15	668.76
Net Cash Growth	-	-	-	-	-62.59%	-5.81%
Net Cash Per Share	-0.74	-1.02	-1.21	-0.53	0.88	2.33

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	209.67	256.43	182.24	99.21	87.23	210.98
Capital Expenditures	-81.81	-118.3	-298.26	-510.81	-456.07	-227.21
Free Cash Flow	127.86	138.13	-116.03	-411.6	-368.83	-16.23
Free Cash Flow Growth	82.78%	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	22.93%	24.46%	20.33%	24.52%	23.86%	30.34%
Operating Margin	-2.26%	0.92%	2.28%	5.24%	7.55%	14.06%
Pretax Margin	-13.29%	-12.36%	-0.58%	9.20%	11.66%	15.60%
Profit Margin	-13.83%	-13.12%	-2.20%	7.61%	9.84%	14.41%
FCF Margin	13.31%	12.63%	-8.68%	-32.84%	-31.99%	-1.25%

Dividends

Fiscal Year	FY 2023	FY 2022	FY 2021
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.050	0.050	0.100
Dividend Per Share Growth	0%	-50.00%	0%
Dividend Yield	0.36%	0.31%	0.31%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 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	-	-	-	42.06	41.08	49.93
Forward PE	19.97	29.88	33.60	22.23	12.95	25.78
P/FCF Ratio	25.35	34.58	-	-	-	-
PS Ratio	3.37	4.37	3.11	3.20	4.04	7.19