Fujian Newchoice Pipe Technology Co., Ltd. (SHE:300198)
China flag China · Delayed Price · Currency is CNY
2.190
+0.160 (7.88%)
Jul 31, 2026, 3:04 PM CST

SHE:300198 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Revenue
82.1675.71157.17396.01506.78678.36
Revenue Growth
-34.84%-51.83%-60.31%-21.86%-25.29%-24.18%
Gross Profit
29.3724.8224.1433.514.6486.9
Operating Income
-119.46-112.25-108.16-121.85-200.47-119.98
Net Income
-268.33-274.75-307.18-512.93-307.76-109.33
Earnings Per Share
-0.26-0.27-0.30-0.50-0.30-0.11
EPS Growth
------

Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Jan '23 Jan '22
Pipeline Operations
33.5350.73138.6270.3351.24
Material Trading Business
-25.86139.2125.2442.87
New Energy Vehicle Business
40.835.9832.924.0816.36
Engineering Service Business
10.732.756863.18244.36
Inspection and Repair Business
-11.8417.323.9823.53
Offset of Business Segment
-9.32----
Total
75.71157.17396.01506.78678.36

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Cash & Investments
136.2922.9112.2946.7492.9108.63
Total Debt
958.241,2441,2381,1701,3271,333
Net Cash (Debt)
-821.95-1,221-1,226-1,123-1,234-1,224
Net Cash Growth
------
Net Cash Per Share
-0.80-1.18-1.19-1.09-1.20-1.19

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Operating Cash Flow
18.6625.4374.3596.7965.41-145.66
Capital Expenditures
-0.64-0.56-1.18-14.73-9.07-30.59
Free Cash Flow
18.0224.8773.1782.0656.33-176.26
Free Cash Flow Growth
-33.71%-66.01%-10.83%45.66%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Gross Margin
35.74%32.78%15.36%8.46%2.89%12.81%
Operating Margin
-145.39%-148.26%-68.82%-30.77%-39.56%-17.69%
Pretax Margin
-301.24%-336.69%-189.53%-120.81%-52.90%-20.08%
Profit Margin
-326.59%-362.90%-195.45%-129.53%-60.73%-16.12%
FCF Margin
21.93%32.85%46.55%20.72%11.12%-25.98%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Forward PE
-11.3511.3511.3511.3511.35
P/FCF Ratio
125.35106.1829.6133.8249.44-
PS Ratio
27.5034.8813.787.015.506.11