GRINM Semiconductor Materials Co., Ltd. (SHA:688432)

China · Delayed Price · Currency is CNY

28.88

-7.19 (-19.93%)

At close: Jul 30, 2026

SHA:688432 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	1,053	1,005	995.95	960.4	1,175	869.16
Revenue Growth	2.53%	0.93%	3.70%	-18.29%	35.23%	56.16%
Gross Profit	367.98	363.59	367.84	321.47	448.4	241.53
Operating Income	213.09	225.14	239.3	192.34	315.66	80.15
Net Income	208.65	209.28	232.9	254.18	351.33	148.36
Earnings Per Share	0.17	0.17	0.19	0.20	0.32	0.15
EPS Growth	-8.71%	-10.10%	-6.45%	-37.50%	113.33%	71.90%

Revenue by Geography

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
China	654.05
Other Countries and Regions	327.06
Total	981.11

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	2,595	2,577	2,940	2,856	2,954	1,095
Total Debt	32.92	5.52	6.98	11.1	3.03	3.41
Net Cash (Debt)	2,563	2,572	2,933	2,845	2,951	1,091
Net Cash Growth	0.67%	-12.32%	3.08%	-3.60%	170.41%	62.71%
Net Cash Per Share	2.05	2.07	2.36	2.28	2.69	1.10

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	302.23	274.19	229.37	266.64	430.35	322.74
Capital Expenditures	-163.39	-143.79	-218.67	-106.88	-175.98	-307.63
Free Cash Flow	138.84	130.4	10.7	159.77	254.38	15.11
Free Cash Flow Growth	132.05%	1118.95%	-93.30%	-37.19%	1583.27%	-

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	34.94%	36.17%	36.93%	33.47%	38.15%	27.79%
Operating Margin	20.23%	22.40%	24.03%	20.03%	26.86%	9.22%
Pretax Margin	27.16%	28.57%	31.96%	33.78%	36.52%	21.48%
Profit Margin	19.81%	20.82%	23.39%	26.47%	29.89%	17.07%
FCF Margin	13.18%	12.97%	1.07%	16.63%	21.64%	1.74%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Jul '26 Jul 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Dividend Per Share	0.055	0.055	-	0.070
Dividend Per Share Growth	-8.33%	-	-	-
Dividend Yield	0.15%	0.44%	-	0.57%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 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
PE Ratio	172.75	73.93	60.36	60.62	47.02	-
Forward PE	137.52	49.64	42.24	30.88	-	-
P/FCF Ratio	259.34	118.65	1314.09	96.44	64.94	-
PS Ratio	34.19	15.39	14.12	16.04	14.05	-