Shanghai NAR Industrial Co., Ltd (SHE:002825)

Revenue by Segment

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Digital Printing Materials	1.26B	1.29B	1.01B	-	-
Digital Printing Materials Growth	-2.10%	27.84%	-	-	-
Automotive Functional Film	590.40M	465.28M	308.91M	289.91M	225.95M
Automotive Functional Film Growth	26.89%	50.62%	6.56%	28.31%	136.76%
Optical and Electronic Functional Films	71.50M	102.25M	52.54M	-	-
Optical and Electronic Functional Films Growth	-30.08%	94.64%	-	-	-
Others	44.11M	41.49M	116.17M	148.17M	121.14M
Others Growth	6.31%	-64.28%	-21.59%	22.31%	-17.31%
Magnetic Material	11.13M	-	-	-	-
Body Stickers	-	-	-	851.61M	884.82M
Body Stickers Growth	-	-	-	-3.75%	35.93%
Single Permeable Membrane	-	-	-	146.01M	113.65M
Single Permeable Membrane Growth	-	-	-	28.48%	27.55%
Digital Inkjet Printing Ink	-	-	-	182.62M	413.14M
Digital Inkjet Printing Ink Growth	-	-	-	-55.80%	52.02%
Total	1.98B	1.90B	1.49B	1.62B	1.76B
Total Growth	4.26%	27.73%	-8.09%	-7.98%	40.28%

Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
China	1.06B	947.92M	799.01M	891.09M	1.12B
China Growth	11.90%	18.64%	-10.33%	-20.74%	32.79%
Foreign	920.28M	952.04M	688.44M	727.22M	634.50M
Foreign Growth	-3.34%	38.29%	-5.33%	14.61%	55.85%
Total	1.98B	1.90B	1.49B	1.62B	1.76B
Total Growth	4.26%	27.73%	-8.09%	-7.98%	40.28%

Source: S&P Global Market Intelligence.