CompanyGraphWhat stands out
- Earnings significantly exceed cash generation
- Most companies in its industry are flow businesses; this one is a production business
At a glance
- Depends onMidstream position: 6 outgoing, 4 incoming connections
- FinancialsLow earnings quality
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are flow businesses; this one is a production business
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.58%
Annual Rate
CNY 0.19Paid unknown
Payout Ratio
20.0%Sustainable
Last Ex-Dividend
Jun 4, 2026
The reported statements, read against the company's own industry.
What stands out
- Earnings significantly exceed cash generation
Financials view
Market Capitalization
3.48BCNY518.71M · vs all stocks (USD)
Trailing P/E
33.89xRevenue (TTM)
772.78MCNY115.27M · vs all stocks (USD)
Profit Margin
14.32%52-Week Change
45.94%vs all stocks
Forward Annual Dividend Yield
0.58%vs all stocks
Market Capitalization
3.48BCNY518.71M · vs all stocks (USD)
Enterprise Value
3.34BCNY497.89M · vs all stocks (USD)
Trailing P/E
33.89xPrice to Sales (TTM)
4.50xPrice to Book (MRQ)
2.44xEnterprise to Revenue
4.32xEnterprise to EBITDA
25.50xGross Margin
47.10%Profit Margin
14.32%Operating Margin
6.03%Return on Assets (TTM)
6.06%Return on Equity (TTM)
8.73%Revenue (TTM)
772.78MCNY115.27M · vs all stocks (USD)
Revenue per Share (TTM)
6.52CNYUpdated Sep 19, 2026Quarterly Revenue Growth
-8.60%Gross Profit (TTM)
353.95MCNY52.80M · vs all stocks (USD)
EBITDA (TTM)
229.73MCNY34.27M · vs all stocks (USD)
Net Income (TTM)
110.68MCNY16.51M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
-51.20%Operating Cash Flow (TTM)
-134.56MCNY-20.07M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
125.01MCNY18.65M · vs all stocks (USD)
Forward Annual Dividend Rate
0.1900CNYUpdated Sep 19, 2026Forward Annual Dividend Yield
0.58%vs all stocks
Trailing Annual Dividend Rate
0.1880CNYUpdated Sep 19, 2026Trailing Annual Dividend Yield
0.59%vs all stocks
Payout Ratio
20.00%Minority Interest (Equity)
3.07MCNYFY2025 · Dec 31, 2025Revenue
759.22MCNYFY2025 · Dec 31, 2025Cost of Goods Sold
399.15MCNYFY2025 · Dec 31, 2025Gross Profit
360.07MCNYFY2025 · Dec 31, 2025Operating Income
207.75MCNY30.99M · vs all stocks (USD)
Pre-tax Income
142.02MCNYFY2025 · Dec 31, 2025Income Tax Expense
19.47MCNYFY2025 · Dec 31, 2025Net Income
122.55MCNYFY2025 · Dec 31, 2025EBIT
148.54MCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
229.73MCNYFY2025 · Dec 31, 2025Research & Development
29.04MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
43.41MCNYFY2025 · Dec 31, 2025Other Operating Expenses
5.73MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
468.31KCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
6.52MCNYFY2025 · Dec 31, 2025EPS (Basic)
1.17CNYFY2025 · Dec 31, 2025EPS (Diluted)
1.17CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
106.85MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
106.85MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
122.55MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
2.46MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
-87.86MCNYFY2025 · Dec 31, 2025Free Cash Flow
-106.34MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
590.72MCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
122.55MCNYFY2025 · Dec 31, 2025Other Non-cash Items
7.59MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-206.95MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-11.05MCNYFY2025 · Dec 31, 2025Capital Expenditures
-18.48MCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
-18.48MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
166.36MCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-175.76MCNYFY2025 · Dec 31, 2025Common Dividends Paid
-5.78MCNYFY2025 · Dec 31, 2025Other Financing Charges
512.78MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
497.60MCNYFY2025 · Dec 31, 2025Shares Outstanding
106.90MSharesUpdated Sep 19, 2026Float Shares
29.62MSharesUpdated Sep 19, 2026% Held by Insiders
76.53%vs all stocks
% Held by Institutions
5.71%vs all stocks
Total Cash (MRQ)
424.86MCNY63.37M · vs all stocks (USD)
Total Cash per Share (MRQ)
3.97CNYUpdated Sep 19, 2026Total Debt (MRQ)
283.33MCNY42.26M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.1982xCurrent Ratio (MRQ)
4.78xBook Value per Share (MRQ)
13.35CNYUpdated Sep 19, 2026Total Assets
2.06BCNY307.78M · vs all stocks (USD)
Total Current Assets
1.93BCNYFY2025 · Dec 31, 2025Total Liabilities
631.42MCNYFY2025 · Dec 31, 2025Total Non-current Assets
129.78MCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
111.96MCNYFY2025 · Dec 31, 2025Total Current Liabilities
519.46MCNYFY2025 · Dec 31, 2025Cash
590.72MCNYFY2025 · Dec 31, 2025Cash Equivalents
3.28MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
594.00MCNYFY2025 · Dec 31, 2025Accounts Receivable
571.48MCNYFY2025 · Dec 31, 2025Inventory
11.20MCNYFY2025 · Dec 31, 2025Accounts Payable
196.03MCNYFY2025 · Dec 31, 2025Short-term Debt
133.90MCNYFY2025 · Dec 31, 2025Other Current Liabilities
141.27KCNYFY2025 · Dec 31, 2025Long-term Debt
104.92MCNYFY2025 · Dec 31, 2025Common Stock (Book)
106.90MCNYFY2025 · Dec 31, 2025Retained Earnings
519.54MCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
1.43BCNY213.60M · vs all stocks (USD)
52-Week Low
22.29CNYUpdated Sep 19, 202652-Week High
64.50CNYUpdated Sep 19, 202652-Week Change
45.94%vs all stocks
50-Day MA
32.99CNYUpdated Sep 19, 2026200-Day MA
41.64CNYUpdated Sep 19, 2026Avg 10-Day Volume
771.19KSharesUpdated Sep 19, 2026Avg 30-Day Volume
854.37KSharesUpdated Sep 19, 2026Diluted EPS (TTM)
0.9600CNYUpdated Sep 19, 2026Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 16,508,780.598Operating Cash Flow (USD, TTM): -20,071,513.736
Most companies in its industry are flow businesses; this one is a production businessSignificant
Industry peers: 47.00Share on the common pattern %: 77.00
Financial Health
Low earnings qualitySignificant
Earnings Quality Score: -1.21
Altman Z-Score 5.08: safe zoneNotable
Altman Z-Score: 5.08
Supply Chain
Midstream position: 6 outgoing, 4 incoming connectionsNotable
Outgoing: 6.00Incoming: 4.00
High connectivity hub: 10 industry connectionsNotable
Total Connections: 10.00
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