Changchun Zhiyuan New Energy Equipment Co., Ltd (SHE:300985)

China · Delayed Price · Currency is CNY

28.07

+0.91 (3.35%)

Jul 31, 2026, 3:04 PM CST

SHE:300985 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	1,757	1,697	1,152	1,777	165.84	393.64
Revenue Growth	52.51%	47.36%	-35.18%	971.39%	-57.87%	-70.17%
Gross Profit	107.79	135.72	152.77	231.66	-21.1	78.46
Operating Income	-44.96	-21.88	18.75	119.88	-82.16	10.89
Net Income	-53.91	-42.84	-191.91	56.24	-51.56	19.32
Earnings Per Share	-0.29	-0.23	-1.03	0.30	-0.28	0.11
EPS Growth	-	-	-	-	-	-92.89%

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
China	1,694	1,152	1,777	165.41	385.22
outside China	2.76	-	-	0.43	8.43
Total	1,697	1,152	1,777	165.84	393.64

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	96.23	116.14	147.72	337.21	169.23	541.69
Total Debt	1,071	1,105	756.7	465.69	159.93	20.65
Net Cash (Debt)	-974.37	-989.01	-608.98	-128.48	9.31	521.03
Net Cash Growth	-	-	-	-	-98.21%	-
Net Cash Per Share	-5.23	-5.31	-3.27	-0.69	0.05	3.08

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	-43.92	-253.71	-248.74	73.29	21.42	55.17
Capital Expenditures	-50.76	-50.53	-43.04	-167.2	-431.09	-163.01
Free Cash Flow	-94.68	-304.24	-291.78	-93.9	-409.67	-107.85
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	6.13%	8.00%	13.27%	13.04%	-12.72%	19.93%
Operating Margin	-2.56%	-1.29%	1.63%	6.75%	-49.55%	2.77%
Pretax Margin	-3.59%	-2.86%	-16.34%	5.09%	-37.94%	5.74%
Profit Margin	-3.07%	-2.52%	-16.66%	3.16%	-31.09%	4.91%
FCF Margin	-5.39%	-17.93%	-25.34%	-5.29%	-247.03%	-27.40%

Dividends

Fiscal Year	FY 2023	FY 2022	FY 2021
Period Ending	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Dividend Per Share	0.286	-	0.086
Dividend Per Share Growth	-	-	-
Dividend Yield	1.08%	-	0.25%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 2, 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
PE Ratio	-	-	-	89.40	-	338.33
PS Ratio	2.92	2.01	2.97	2.83	16.84	16.60