Hi-Trend Technology (Shanghai) Co., Ltd. (SHA:688391)

China · Delayed Price · Currency is CNY

24.56

-0.31 (-1.25%)

Nov 12, 2026, 4:00 PM EST

SHA:688391 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	571.86	538.67	591.87	603.05	709.9	499.34
Revenue Growth	3.85%	-8.99%	-1.85%	-15.05%	42.17%	31.75%
Gross Profit	221.59	217.45	263.55	261.13	357.27	224.14
Operating Income	-1.69	-4.63	36.79	68.86	177.83	103.12
Net Income	23.17	42.86	93.59	131.43	200.05	101.4
Earnings Per Share	0.20	0.37	0.80	1.09	2.03	1.12
EPS Growth	-66.56%	-53.30%	-26.66%	-46.62%	82.11%	63.00%

Revenue by Geography

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
China	538.44
Overseas	0.09
Total	538.54

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	1,298	1,247	1,308	1,093	1,299	163.58
Total Debt	5.85	0.42	0.85	0.11	0.91	2.11
Net Cash (Debt)	1,292	1,247	1,307	1,093	1,299	161.47
Net Cash Growth	-1.34%	-4.61%	19.57%	-15.83%	704.21%	71.22%
Net Cash Per Share	10.91	10.81	11.12	9.03	13.20	1.78

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	116.22	-101.05	101.17	45.84	103.16	192.74
Capital Expenditures	-29.62	-28.84	-15.88	-11.3	-121.85	-77.68
Free Cash Flow	86.6	-129.9	85.29	34.54	-18.69	115.07
Free Cash Flow Growth	-	-	146.96%	-	-	468.20%

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	38.75%	40.37%	44.53%	43.30%	50.33%	44.89%
Operating Margin	-0.29%	-0.86%	6.22%	11.42%	25.05%	20.65%
Pretax Margin	1.13%	5.37%	14.34%	19.84%	27.80%	21.31%
Profit Margin	4.05%	7.96%	15.81%	21.80%	28.18%	20.31%
FCF Margin	15.14%	-24.12%	14.41%	5.73%	-2.63%	23.04%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov '26 Nov 13, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Dividend Per Share	0.300	0.300	0.600	0.552	0.737
Dividend Per Share Growth	-50.00%	-50.00%	8.76%	-25.16%	-
Dividend Yield	1.22%	1.06%	1.93%	1.61%	1.54%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 13, 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	125.51	76.13	37.16	31.52	28.96	-
P/FCF Ratio	32.78	-	40.77	119.94	-	-
PS Ratio	4.96	6.06	5.88	6.87	8.16	-