NCS Testing Technology Co., Ltd. (SHE:300797)

NCS Testing Technology Financials Overview

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

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Revenue Revenue Growth	1,228	1,178	1,098	949.53	815.42	701.64
Revenue Growth	10.43%	7.29%	15.60%	16.45%	16.22%	19.84%
Gross Profit Gross Profit Growth	585.54	558.46	509.02	442.13	378.77	318.8
Operating Income Operating Income Growth	107.53	93.23	93.89	83.78	62.94	94.79
Net Income Net Income Growth	163.22	155.72	145.02	125.7	113.84	84.19
Earnings Per Share EPS Growth	0.43	0.41	0.39	0.33	0.31	0.23
EPS Growth	7.86%	6.23%	15.39%	9.44%	34.94%	9.02%

Revenue by Segment

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Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Testing Services Testing Services Growth	638.58	576.83	483.28	385.63	311.76
Detection and Analysis Equipment Detection and Analysis Equipment Growth	275.76	272.1	243.84	236.96	216.52
Corrosion Protection Engineering and Products Corrosion Protection Engineering and Products Growth	81.12	65.03	53.01	48.1	51.46
Standard Substances/Standard Samples Standard Substances/Standard Samples Growth	99.02	108.54	94.59	78.73	63.89
Others Others Growth	83.28	75.17	46.08	39.55	32.75
Total Total Growth	1,178	1,098	949.53	815.42	701.64

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Cash & Investments Cash & Investments Growth	167.13	290.22	251.14	263.9	383.02	383.33
Total Debt Total Debt Growth	184.5	171.58	165.49	102.05	116.72	129.7
Net Cash (Debt) Net Cash Growth	-17.37	118.64	85.64	161.86	266.3	253.62
Net Cash Growth	-	38.52%	-47.09%	-39.22%	5.00%	-42.41%
Net Cash Per Share Net Cash Per Share Growth	-0.05	0.31	0.23	0.43	0.71	0.68

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	205.02	210.53	141.62	95.78	120.85	100.67
Capital Expenditures CapEx Growth	-75.74	-104.61	-155.97	-165.04	-184.41	-123.41
Free Cash Flow Free Cash Flow Growth	129.28	105.91	-14.36	-69.26	-63.56	-22.74
Free Cash Flow Growth	6183.44%	-	-	-	-	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Gross Margin	47.67%	47.42%	46.37%	46.56%	46.45%	45.44%
Operating Margin	8.75%	7.92%	8.55%	8.82%	7.72%	13.51%
Pretax Margin	12.95%	12.35%	11.86%	10.96%	11.67%	12.95%
Profit Margin	13.29%	13.22%	13.21%	13.24%	13.96%	12.00%
FCF Margin	10.53%	8.99%	-1.31%	-7.29%	-7.79%	-3.24%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.129	0.129	0.120	0.100	0.089	0.068
Dividend Per Share Growth	7.50%	7.50%	20.00%	11.98%	31.32%	219.25%
Dividend Yield	1.08%	0.77%	1.04%	0.80%	0.92%	0.61%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
PE Ratio	28.06	41.64	31.19	39.11	33.87	51.71
Forward PE	-	33.24	-	-	-	-
P/FCF Ratio	35.39	61.23	-	-	-	-
PS Ratio	3.72	5.51	4.12	5.18	4.73	6.21

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 29, 2026

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