Shenzhen Infinova Limited (SHE:002528)

China · Delayed Price · Currency is CNY

4.670

+0.010 (0.21%)

Aug 3, 2026, 3:04 PM CST

Shenzhen Infinova 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Revenue	481.23	494.77	944.88	1,397	1,870	2,936
Revenue Growth	-38.36%	-47.64%	-32.35%	-25.31%	-36.31%	-43.95%
Gross Profit	119.87	122.58	256.37	184	154.03	572.36
Operating Income	-322.03	-299.48	-267.13	-441.11	-618.66	-632.71
Net Income	-314.76	-290.42	-403.57	-770.63	-1,004	-1,435
Earnings Per Share	-0.26	-0.24	-0.34	-0.64	-0.84	-1.20
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023
Solution	-	142.11	162.04	417.52
Internet Digital Operations	-	167.96	548.41	802.64
Iot Products and Solutions	494.77	634.81	686.18	649.65
Total	494.77	944.88	1,397	1,870

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Investments	84.98	109	185.4	312.34	854.27	1,181
Total Debt	695.58	684.31	714.48	891.77	1,499	1,541
Net Cash (Debt)	-610.6	-575.31	-529.08	-579.43	-644.43	-360.06
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.51	-0.48	-0.44	-0.48	-0.54	-0.30

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Cash Flow	-44.61	-48.23	30.87	343.01	-84.97	118.53
Capital Expenditures	-5.42	-12.63	-22.97	-98.6	-90.2	-49.29
Free Cash Flow	-50.03	-60.86	7.91	244.41	-175.17	69.24
Free Cash Flow Growth	-	-	-96.77%	-	-	-

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Gross Margin	24.91%	24.78%	27.13%	13.18%	8.24%	19.50%
Operating Margin	-66.92%	-60.53%	-28.27%	-31.58%	-33.09%	-21.55%
Pretax Margin	-64.43%	-58.10%	-42.35%	-54.98%	-52.43%	-48.65%
Profit Margin	-65.41%	-58.70%	-42.71%	-55.18%	-53.69%	-48.90%
FCF Margin	-10.40%	-12.30%	0.84%	17.50%	-9.37%	2.36%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 3, 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
P/FCF Ratio	-	-	433.67	39.82	-	64.40
PS Ratio	11.63	6.49	3.63	6.97	7.19	1.52