Changzhou Shichuang Energy Co.,Ltd. (SHA:688429)

China · Delayed Price · Currency is CNY

9.09

+0.02 (0.22%)

At close: Jul 28, 2026

SHA:688429 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	Mar '26 Mar 31, 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	1,091	1,018	710.71	1,731	2,395	712.2
Revenue Growth	45.91%	43.23%	-58.93%	-27.74%	236.25%	62.58%
Gross Profit	9.22	-38.48	-118.34	437.57	535.97	301.8
Operating Income	-337.06	-365.52	-427.1	142.85	314.3	89.01
Net Income	-273.21	-331.15	-648.95	176.9	293.15	90.75
Earnings Per Share	-0.69	-0.83	-1.63	0.47	0.81	0.26
EPS Growth	-	-	-	-41.98%	215.57%	-35.83%

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Photovoltaic Wet Process Accessories	199.1
Photovoltaic Equipment	48.75
Photovoltaic Cell	689.42
Other	34.09
Total	971.35

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	553.91	703.45	941.01	1,455	690.16	274.96
Total Debt	2,265	2,233	2,224	322.38	6.49	154.33
Net Cash (Debt)	-1,711	-1,530	-1,283	1,133	683.67	120.63
Net Cash Growth	-	-	-	65.74%	466.73%	-28.62%
Net Cash Per Share	-4.31	-3.83	-3.22	3.01	1.89	0.34

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	-194.1	-78.27	-388.23	-177.7	613.98	-232.14
Capital Expenditures	-105.74	-148.47	-351.15	-65.78	-67.98	-253.07
Free Cash Flow	-299.84	-226.73	-739.38	-243.48	545.99	-485.21
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	0.84%	-3.78%	-16.65%	25.28%	22.38%	42.38%
Operating Margin	-30.89%	-35.91%	-60.09%	8.25%	13.12%	12.50%
Pretax Margin	-38.73%	-39.88%	-109.64%	11.12%	13.95%	13.77%
Profit Margin	-25.04%	-32.53%	-91.31%	10.22%	12.24%	12.74%
FCF Margin	-27.48%	-22.27%	-104.03%	-14.07%	22.80%	-68.13%

Dividends

Fiscal Year	FY 2023
Period Ending	Dec '23 Dec 31, 2023
Dividend Per Share	0.045
Dividend Per Share Growth	-
Dividend Yield	0.21%

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	-	-	-	47.91	-	-
PS Ratio	3.29	5.09	9.54	4.90	-	-