Shandong Meichen Technology Group Co., Ltd. (SHE:300237)

China · Delayed Price · Currency is CNY

1.960

+0.040 (2.08%)

At close: Aug 3, 2026

SHE:300237 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	1,869	1,793	1,698	1,684	1,367	2,076
Revenue Growth	11.76%	5.54%	0.86%	23.20%	-34.14%	-32.28%
Gross Profit	134.1	94.95	22.36	-90.12	-125.12	243.25
Operating Income	-112.06	-147.59	-162.58	-777.21	-992.03	-121.28
Net Income	-363.43	-401.82	-494	-1,391	-1,357	-366.81
Earnings Per Share	-0.28	-0.28	-0.34	-0.96	-0.94	-0.25
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Non-Tire Rubber Products	1,784
Landscaping	8.92
Total	1,793

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	47.62	34.48	74.78	406.82	520.26	765.08
Total Debt	1,964	1,942	2,920	4,218	4,934	4,593
Net Cash (Debt)	-1,916	-1,908	-2,845	-3,811	-4,413	-3,827
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.49	-1.33	-1.96	-2.63	-3.06	-2.61

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	279.54	239.12	-53.15	50.33	4.63	35.18
Capital Expenditures	-6.39	-9.92	-11.57	-90.44	-123.87	-148.09
Free Cash Flow	273.15	229.2	-64.72	-40.1	-119.23	-112.91
Free Cash Flow Growth	-	-	-	-	-	-

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	7.18%	5.30%	1.32%	-5.35%	-9.15%	11.72%
Operating Margin	-6.00%	-8.23%	-9.57%	-46.15%	-72.58%	-5.84%
Pretax Margin	-20.05%	-23.08%	-30.56%	-69.60%	-111.19%	-18.44%
Profit Margin	-19.45%	-22.42%	-29.09%	-82.59%	-99.28%	-17.67%
FCF Margin	14.62%	12.79%	-3.81%	-2.38%	-8.72%	-5.44%

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
Forward PE	-	7.62	7.62	7.62	7.62	7.62
P/FCF Ratio	10.14	16.23	-	-	-	-
PS Ratio	1.48	2.08	1.85	1.83	2.32	2.04