Guizhou Zhenhua E-chem Inc. (SHA:688707)

China · Delayed Price · Currency is CNY

9.50

-0.16 (-1.66%)

Nov 13, 2026, 2:29 PM CST

Guizhou Zhenhua E-chem 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	1,800	1,428	1,961	6,876	13,936	5,515
Revenue Growth	14.77%	-27.16%	-71.48%	-50.66%	152.69%	432.07%
Gross Profit	-145.07	-227.58	-445.37	358.86	1,888	811.25
Operating Income	-342.96	-410.48	-591.94	163.96	1,507	525.04
Net Income	-383.64	-432.39	-527.71	102.68	1,272	412.58
Earnings Per Share	-0.76	-0.85	-1.05	0.23	2.87	1.12
EPS Growth	-	-	-	-91.99%	156.75%	-

Revenue by Geography

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
China	1,394
Overseas	0.17
Total	1,394

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	2,053	2,048	2,232	2,840	1,899	1,471
Total Debt	1,801	1,910	2,123	2,187	2,223	1,942
Net Cash (Debt)	251.62	138.28	109.04	652.95	-323.7	-471.49
Net Cash Growth	-	26.81%	-83.30%	-	-	-
Net Cash Per Share	0.50	0.27	0.22	1.46	-0.73	-1.28

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	469.05	161.86	-1,393	1,621	1,157	95.81
Capital Expenditures	-47.88	-79.27	-149.82	-258.53	-844.73	-297.9
Free Cash Flow	421.17	82.59	-1,542	1,362	311.99	-202.08
Free Cash Flow Growth	935.88%	-	-	336.62%	-	-

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	-8.06%	-15.93%	-22.71%	5.22%	13.55%	14.71%
Operating Margin	-19.05%	-28.73%	-30.18%	2.38%	10.81%	9.52%
Pretax Margin	-19.18%	-31.84%	-32.13%	1.58%	10.46%	8.41%
Profit Margin	-21.31%	-30.27%	-26.91%	1.49%	9.13%	7.48%
FCF Margin	23.39%	5.78%	-78.65%	19.81%	2.24%	-3.66%

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	0.700	0.250
Dividend Per Share Growth	-92.86%	180.00%	-
Dividend Yield	0.24%	1.56%	0.50%

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	-	-	-	88.43	15.65	54.09
Forward PE	-	53.38	118.07	13.10	15.04	39.51
P/FCF Ratio	11.68	85.31	-	6.67	63.82	-
PS Ratio	2.73	4.93	2.84	1.32	1.43	4.05