Jiaxing ZMAX Optech Co., Ltd. (SHA:688307)

China · Delayed Price · Currency is CNY

43.93

-0.91 (-2.03%)

At close: Sep 30, 2026

Jiaxing ZMAX Optech 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	812.58	658.12	454.66	378.85	404.01	396.5
Revenue Growth	58.74%	44.75%	20.01%	-6.23%	1.89%	18.59%
Gross Profit	253.25	207.43	149.21	126.34	127.64	118.35
Operating Income	54.97	46.86	39.55	21.38	35.34	35.58
Net Income	74.3	63.05	53.43	36.33	41.12	35.95
Earnings Per Share	0.58	0.51	0.44	0.31	0.44	0.39
EPS Growth	31.65%	16.39%	41.88%	-30.66%	14.83%	33.74%

Revenue by Geography

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
China	554.69
Overseas	89.47
Total	644.16

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	277.81	385.66	477.56	462.16	21.72	35.22
Total Debt	228.8	191.67	6.99	25.09	54.12	19.06
Net Cash (Debt)	49	193.99	470.57	437.07	-32.4	16.16
Net Cash Growth	-87.40%	-58.77%	7.66%	-	-	43.27%
Net Cash Per Share	0.38	1.56	3.84	3.69	-0.35	0.17

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	76.42	66.99	106.47	105.47	35.74	97.77
Capital Expenditures	-224.93	-160.36	-56.4	-50.8	-53.11	-78.91
Free Cash Flow	-148.51	-93.37	50.07	54.67	-17.37	18.86
Free Cash Flow Growth	-	-	-8.40%	-	-	-

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	31.17%	31.52%	32.82%	33.35%	31.59%	29.85%
Operating Margin	6.76%	7.12%	8.70%	5.64%	8.75%	8.97%
Pretax Margin	10.30%	10.37%	12.66%	9.66%	10.83%	9.81%
Profit Margin	9.14%	9.58%	11.75%	9.59%	10.18%	9.07%
FCF Margin	-18.28%	-14.19%	11.01%	14.43%	-4.30%	4.76%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 4, 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	0.357	0.357	0.321	0.214	0.143	0.143
Dividend Per Share Growth	46.67%	11.11%	49.98%	49.96%	0%	-
Dividend Yield	0.81%	1.16%	1.91%	1.00%	-	-

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 4, 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	75.37	60.84	39.53	75.33	-	-
Forward PE	-	29.55	28.07	-	-	-
P/FCF Ratio	-	-	42.18	50.06	-	-
PS Ratio	6.72	5.83	4.64	7.22	-	-