What the company actually pays, and whether its own cash supports it.
Dividends view
Yield
1.14%Below 5Y avg (1.91%)
Annual Rate
CNY 0.05Paid annual
Payout Ratio
69.2%Moderate
Payback Period
88.4 yr
Last Ex-Dividend
Aug 5, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
9.07BCNY
1.35B · vs all stocks (USD)
Updated Sep 21, 2026
Revenue (TTM)
27.65BCNY
4.13B · vs all stocks (USD)
Updated Sep 21, 2026
Profit Margin
-3.94%
Updated Sep 21, 2026
Beta
0.8880x
vs all stocks
Updated Sep 21, 2026
52-Week Change
-10.63%
vs all stocks
Updated Sep 21, 2026
Market Capitalization
9.07BCNY
1.35B · vs all stocks (USD)
Updated Sep 21, 2026
Enterprise Value
42.51BCNY
6.35B · vs all stocks (USD)
Updated Sep 21, 2026
Forward P/E
7.21x
Updated Sep 21, 2026
Price to Sales (TTM)
0.3139x
Provider-reported. Market Capitalization ÷ Revenue (TTM) on this page gives 0.33×.Updated Sep 21, 2026
Price to Book (MRQ)
0.4217x
Updated Sep 21, 2026
Enterprise to Revenue
1.54x
Updated Sep 21, 2026
Enterprise to EBITDA
-36.73x
Provider-reported. Enterprise Value ÷ EBITDA (TTM) on this page gives 10.13×.Updated Sep 21, 2026
Gross Margin
12.93%
Provider-reported. Gross Profit (TTM) ÷ Revenue (TTM) on this page gives 6.46%.Updated Sep 21, 2026
Profit Margin
-3.94%
Updated Sep 21, 2026
Return on Assets (TTM)
-0.40%
Updated Sep 21, 2026
Return on Equity (TTM)
-1.66%
Updated Sep 21, 2026
Revenue (TTM)
27.65BCNY
4.13B · vs all stocks (USD)
Updated Sep 21, 2026
Revenue per Share (TTM)
14.58CNYUpdated Sep 21, 2026
Quarterly Revenue Growth
-62.30%
Updated Sep 21, 2026
Gross Profit (TTM)
1.79BCNY
266.82M · vs all stocks (USD)
Updated Sep 21, 2026
EBITDA (TTM)
4.19BCNY
626.38M · vs all stocks (USD)
Updated Sep 21, 2026
Net Income (TTM)
-1.35BCNY
-201.35M · vs all stocks (USD)
Updated Sep 21, 2026
Quarterly Earnings Growth (YoY)
-62.30%
Updated Sep 21, 2026
Operating Cash Flow (TTM)
622.96MCNY
93.03M · vs all stocks (USD)
Updated Sep 21, 2026
Levered Free Cash Flow (TTM)
-413.20MCNY
-61.70M · vs all stocks (USD)
Updated Sep 21, 2026
Trailing Annual Dividend Rate
0.0500CNYUpdated Sep 21, 2026
Trailing Annual Dividend Yield
1.14%
vs all stocks
Updated Sep 21, 2026
5-Year Average Dividend Yield
1.91%
vs all stocks
Updated Sep 21, 2026
Payout Ratio
69.16%
Provider-reported. Trailing Annual Dividend Rate ÷ Diluted EPS (TTM) on this page gives -8.33%.Updated Sep 21, 2026
Minority Interest (Equity)
4.42BCNYFY2025 · Dec 31, 2025
Revenue
30.28BCNYFY2025 · Dec 31, 2025
Cost of Goods Sold
24.24BCNYFY2025 · Dec 31, 2025
Gross Profit
6.04BCNYFY2025 · Dec 31, 2025
Operating Income
3.11BCNY
464.05M · vs all stocks (USD)
FY2025 · Dec 31, 2025
Pre-tax Income
321.23MCNYFY2025 · Dec 31, 2025
Income Tax Expense
984.56MCNYFY2025 · Dec 31, 2025
Net Income
-663.33MCNYFY2025 · Dec 31, 2025
EBIT
967.52MCNYFY2025 · Dec 31, 2025
EBITDA (Income Statement)
4.19BCNYFY2025 · Dec 31, 2025
Research & Development
24.36MCNYFY2025 · Dec 31, 2025
Selling, General & Administrative
1.07BCNYFY2025 · Dec 31, 2025
Other Operating Expenses
1.46BCNYFY2025 · Dec 31, 2025
Non-operating Interest Income
170.01MCNYFY2025 · Dec 31, 2025
Non-operating Interest Expense
646.29MCNYFY2025 · Dec 31, 2025
EPS (Basic)
-0.2900CNYFY2025 · Dec 31, 2025
EPS (Diluted)
-0.2900CNYFY2025 · Dec 31, 2025
Basic Shares Outstanding
1.42BSharesFY2025 · Dec 31, 2025
Diluted Shares Outstanding
1.42BSharesFY2025 · Dec 31, 2025
Net Income from Continuing Operations
-663.33MCNYFY2025 · Dec 31, 2025
Minority Interests (P&L)
250.12MCNYFY2025 · Dec 31, 2025
Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025
Operating Cash Flow
15.06BCNYFY2025 · Dec 31, 2025
Free Cash Flow
14.99BCNYFY2025 · Dec 31, 2025
Cash & Cash Equivalents (End of Period)
8.37BCNYFY2025 · Dec 31, 2025
Starting Profit (CF Statement)
-663.33MCNYFY2025 · Dec 31, 2025
Other Non-cash Items
450.07MCNYFY2025 · Dec 31, 2025
Change in Accounts Receivable (CF)
3.06BCNYFY2025 · Dec 31, 2025
Change in Other Assets/Liabilities
12.21BCNYFY2025 · Dec 31, 2025
Capital Expenditures
-64.20MCNYFY2025 · Dec 31, 2025
Purchase of Investments
-422.78MCNYFY2025 · Dec 31, 2025
Sale of Investments
607.09MCNYFY2025 · Dec 31, 2025
Net Investing Cash Flow
120.10MCNYFY2025 · Dec 31, 2025
Long-term Debt Issuance
12.52BCNYFY2025 · Dec 31, 2025
Long-term Debt Payments
-14.74BCNYFY2025 · Dec 31, 2025
Common Dividends Paid
-1.38BCNYFY2025 · Dec 31, 2025
Other Financing Charges
1.45BCNYFY2025 · Dec 31, 2025
Net Financing Cash Flow
-2.15BCNYFY2025 · Dec 31, 2025
Shares Outstanding
2.08BSharesUpdated Sep 21, 2026
Float Shares
1.13BSharesUpdated Sep 21, 2026
% Held by Insiders
52.28%
vs all stocks
Updated Sep 21, 2026
% Held by Institutions
3.39%
vs all stocks
Updated Sep 21, 2026
Total Cash (MRQ)
12.92BCNY
1.93B · vs all stocks (USD)
Updated Sep 21, 2026
Total Cash per Share (MRQ)
6.22CNYUpdated Sep 21, 2026
Total Debt (MRQ)
42.33BCNY
6.32B · vs all stocks (USD)
Updated Sep 21, 2026
Total Debt to Equity (MRQ)
1.69x
Updated Sep 21, 2026
Current Ratio (MRQ)
1.94x
Updated Sep 21, 2026
Book Value per Share (MRQ)
9.91CNYUpdated Sep 21, 2026
Total Assets
103.13BCNY
15.40B · vs all stocks (USD)
FY2025 · Dec 31, 2025
Total Current Assets
83.82BCNYFY2025 · Dec 31, 2025
Total Liabilities
78.27BCNYFY2025 · Dec 31, 2025
Total Non-current Assets
19.31BCNYFY2025 · Dec 31, 2025
Total Non-current Liabilities
35.89BCNYFY2025 · Dec 31, 2025
Total Current Liabilities
42.38BCNYFY2025 · Dec 31, 2025
Cash
8.38BCNYFY2025 · Dec 31, 2025
Cash Equivalents
132.75MCNYFY2025 · Dec 31, 2025
Cash & Cash Equivalents
8.51BCNYFY2025 · Dec 31, 2025
Other Short-term Investments
3.25BCNYFY2025 · Dec 31, 2025
Accounts Receivable
170.33MCNYFY2025 · Dec 31, 2025
Inventory
62.35BCNYFY2025 · Dec 31, 2025
Accounts Payable
12.76BCNYFY2025 · Dec 31, 2025
Short-term Debt
4.56BCNYFY2025 · Dec 31, 2025
Other Current Liabilities
1.25BCNYFY2025 · Dec 31, 2025
Long-term Debt
33.14BCNYFY2025 · Dec 31, 2025
Other Non-current Liabilities
655.52MCNYFY2025 · Dec 31, 2025
Common Stock (Book)
2.08BCNYFY2025 · Dec 31, 2025
Retained Earnings
10.89BCNYFY2025 · Dec 31, 2025
Total Shareholders' Equity
24.86BCNY
3.71B · vs all stocks (USD)
FY2025 · Dec 31, 2025
52-Week Low
3.79CNYUpdated Sep 21, 2026
52-Week High
7.50CNYUpdated Sep 21, 2026
52-Week Change
-10.63%
vs all stocks
Updated Sep 21, 2026
Beta
0.8880x
vs all stocks
Updated Sep 21, 2026
50-Day MA
4.15CNYUpdated Sep 21, 2026
200-Day MA
4.87CNYUpdated Sep 21, 2026
Avg 10-Day Volume
28.27MSharesUpdated Sep 21, 2026
Avg 30-Day Volume
44.75MSharesUpdated Sep 21, 2026
Diluted EPS (TTM)
-0.6000CNYUpdated Sep 21, 2026
2 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
The balance sheet has shrunk four years running, and inventory is much of what remains.
Reads
Where is this company structurally exposed?
Within or Near the Altman Distress Zone
Debt is a large share of its assets, and large against its cash flow.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Looks liquid, but the distress score says otherwiseNotable