Montnets Cloud Technology Group Co., Ltd. (SHE:002123)

China · Delayed Price · Currency is CNY

7.03

-0.57 (-7.50%)

Oct 30, 2026, 3:04 PM CST

SHE:002123 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Revenue	2,207	2,609	4,404	5,234	4,157	3,175
Revenue Growth	-30.26%	-40.75%	-15.87%	25.90%	30.93%	16.07%
Gross Profit	228.38	296.64	445.26	328.59	388.2	414.33
Operating Income	-233.95	-177.19	68.78	-147.65	-21.56	16.12
Net Income	-303.91	-216.65	38.17	-1,822	-722.07	-238.11
Earnings Per Share	-0.39	-0.27	0.05	-2.22	-0.90	-0.29
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
China	1,476	3,503	4,629	3,942	3,131
Overseas	1,133	900.71	605.54	215.12	43.83
Total	2,609	4,404	5,234	4,157	3,175

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Investments	466.32	872.15	1,016	1,060	1,491	820.42
Total Debt	914.92	981.96	1,395	1,941	2,117	1,336
Net Cash (Debt)	-448.6	-109.82	-378.84	-880.76	-626.72	-516.07
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.57	-0.14	-0.50	-1.07	-0.78	-0.63

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Cash Flow	-333.1	182.04	502.87	-398.93	47.49	-681.52
Capital Expenditures	-3.74	-16.44	-11.59	-9.99	-46.66	-76.14
Free Cash Flow	-336.85	165.6	491.28	-408.92	0.83	-757.66
Free Cash Flow Growth	-	-66.29%	-	-	-	-

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Gross Margin	10.35%	11.37%	10.11%	6.28%	9.34%	13.05%
Operating Margin	-10.60%	-6.79%	1.56%	-2.82%	-0.52%	0.51%
Pretax Margin	-11.67%	-7.25%	1.06%	-35.01%	-17.74%	-7.27%
Profit Margin	-13.77%	-8.30%	0.87%	-34.82%	-17.37%	-7.50%
FCF Margin	-15.26%	6.35%	11.16%	-7.81%	0.02%	-23.86%

Dividends

Fiscal Year	FY 2023
Period Ending	Dec '23 Dec 31, 2023
Dividend Per Share	0.025
Dividend Per Share Growth	-
Dividend Yield	0.23%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
PE Ratio	-	-	226.66	-	-	-
Forward PE	-	49.13	50.68	31.26	37.65	39.31
P/FCF Ratio	-	59.14	17.61	-	10902.03	-
PS Ratio	2.56	3.75	1.97	1.71	2.17	4.34