CompanyGraph
What 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, 6 incoming connections
- ScaleMarket cap is $1.31B, above the global median of $1.2B
- PositionGross margin is 8%, lower than 95% of its Marine Shipping peers (median 25.3%)
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
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.60%
Annual Rate
CNY 0.02Paid unknown
Payout Ratio
68.4%Moderate
Last Ex-Dividend
Jun 22, 2026
The reported statements, read against the company's own industry.
What stands out
- Earnings significantly exceed cash generation
Financials view
Market Capitalization
8.76BCNY1.31B · vs all stocks (USD)
Trailing P/E
100.00xvs Marine Shipping peers
Revenue (TTM)
1.78BCNY265.80M · vs all stocks (USD)
Profit Margin
4.28%vs Marine Shipping peers
Beta
0.3330xvs all stocks
52-Week Change
-35.05%vs all stocks
Forward Annual Dividend Yield
0.60%vs all stocks
Market Capitalization
8.76BCNY1.31B · vs all stocks (USD)
Enterprise Value
7.91BCNY1.18B · vs all stocks (USD)
Trailing P/E
100.00xvs Marine Shipping peers
Price to Sales (TTM)
4.89xvs Marine Shipping peers
Price to Book (MRQ)
1.16xvs Marine Shipping peers
Enterprise to Revenue
4.45xvs Marine Shipping peers
Enterprise to EBITDA
114.85xvs Marine Shipping peers
Gross Margin
7.96%vs Marine Shipping peers
Profit Margin
4.28%vs Marine Shipping peers
Operating Margin
3.01%vs Marine Shipping peers
Return on Assets (TTM)
-0.08%vs Marine Shipping peers
Return on Equity (TTM)
1.01%vs Marine Shipping peers
Revenue (TTM)
1.78BCNY265.80M · vs all stocks (USD)
Revenue per Share (TTM)
0.6140CNYUpdated Sep 22, 2026Quarterly Revenue Growth
4.40%vs Marine Shipping peers
Gross Profit (TTM)
79.92MCNY11.93M · vs all stocks (USD)
EBITDA (TTM)
209.35MCNY31.26M · vs all stocks (USD)
Net Income (TTM)
76.26MCNY11.39M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
11.70%vs Marine Shipping peers
Operating Cash Flow (TTM)
-320.28MCNY-47.83M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-1.16BCNY-173.21M · vs all stocks (USD)
Forward Annual Dividend Rate
0.0200CNYUpdated Sep 22, 2026Forward Annual Dividend Yield
0.60%vs all stocks
Trailing Annual Dividend Rate
0.0180CNYUpdated Sep 22, 2026Trailing Annual Dividend Yield
0.60%vs all stocks
Payout Ratio
68.44%vs Marine Shipping peers
Minority Interest (Equity)
-138.88KCNYFY2025 · Dec 31, 2025Revenue
1.54BCNYFY2025 · Dec 31, 2025Cost of Goods Sold
1.47BCNYFY2025 · Dec 31, 2025Gross Profit
67.52MCNYFY2025 · Dec 31, 2025Operating Income
-23.55MCNY-3.52M · vs all stocks (USD)
Pre-tax Income
99.89MCNYFY2025 · Dec 31, 2025Income Tax Expense
-2.95MCNYFY2025 · Dec 31, 2025Net Income
102.85MCNYFY2025 · Dec 31, 2025EBIT
124.53MCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
209.35MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
32.92MCNYFY2025 · Dec 31, 2025Other Operating Expenses
3.62MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
96.87MCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
24.63MCNYFY2025 · Dec 31, 2025EPS (Basic)
0.0355CNYFY2025 · Dec 31, 2025EPS (Diluted)
0.0355CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
2.90BSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
2.90BSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
102.85MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
4.04KCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
-38.37MCNYFY2025 · Dec 31, 2025Free Cash Flow
-480.27MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
2.47BCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
102.85MCNYFY2025 · Dec 31, 2025Other Non-cash Items
54.19MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-179.37MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-16.04MCNYFY2025 · Dec 31, 2025Capital Expenditures
-441.90MCNYFY2025 · Dec 31, 2025Sale of Investments
39.93MCNYFY2025 · Dec 31, 2025Other Investing Activity
107.45MCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
-294.52MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
1.44BCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-972.81MCNYFY2025 · Dec 31, 2025Common Dividends Paid
-5.89MCNYFY2025 · Dec 31, 2025Other Financing Charges
-143.18MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
319.44MCNYFY2025 · Dec 31, 2025Shares Outstanding
2.90BSharesUpdated Sep 22, 2026Float Shares
2.04BSharesUpdated Sep 22, 2026% Held by Insiders
35.05%vs all stocks
% Held by Institutions
17.59%vs all stocks
Total Cash (MRQ)
2.40BCNY357.69M · vs all stocks (USD)
Total Cash per Share (MRQ)
0.8260CNYUpdated Sep 22, 2026Total Debt (MRQ)
1.61BCNY240.41M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.2144xvs Marine Shipping peers
Current Ratio (MRQ)
1.63xvs Marine Shipping peers
Book Value per Share (MRQ)
2.59CNYUpdated Sep 22, 2026Total Assets
9.20BCNY1.37B · vs all stocks (USD)
Total Current Assets
4.14BCNYFY2025 · Dec 31, 2025Total Liabilities
1.63BCNYFY2025 · Dec 31, 2025Total Non-current Assets
5.06BCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
349.04MCNYFY2025 · Dec 31, 2025Total Current Liabilities
1.29BCNYFY2025 · Dec 31, 2025Cash
2.81BCNYFY2025 · Dec 31, 2025Cash Equivalents
613.49MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
3.42BCNYFY2025 · Dec 31, 2025Other Short-term Investments
1.75MCNYFY2025 · Dec 31, 2025Accounts Receivable
84.49MCNYFY2025 · Dec 31, 2025Inventory
182.37MCNYFY2025 · Dec 31, 2025Accounts Payable
156.63MCNYFY2025 · Dec 31, 2025Short-term Debt
1.01BCNYFY2025 · Dec 31, 2025Other Current Liabilities
17.20MCNYFY2025 · Dec 31, 2025Long-term Debt
218.07MCNYFY2025 · Dec 31, 2025Other Non-current Liabilities
1.14MCNYFY2025 · Dec 31, 2025Common Stock (Book)
2.90BCNYFY2025 · Dec 31, 2025Retained Earnings
-223.31MCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
7.57BCNY1.13B · vs all stocks (USD)
52-Week Low
2.71CNYUpdated Sep 22, 202652-Week High
5.30CNYUpdated Sep 22, 202652-Week Change
-35.05%vs all stocks
Beta
0.3330xvs all stocks
50-Day MA
3.08CNYUpdated Sep 22, 2026200-Day MA
3.57CNYUpdated Sep 22, 2026Avg 10-Day Volume
26.40MSharesUpdated Sep 22, 2026Avg 30-Day Volume
27.02MSharesUpdated Sep 22, 2026Diluted EPS (TTM)
0.0300CNYUpdated Sep 22, 2026Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Gross margin is 8%, lower than 95% of its Marine Shipping peers (median 25.3%)Significant
Gross margin: 0.08Industry median: 0.25Industry P5: 0.09Peers compared: 40.00
Return on assets is -0.1%, lower than 95% of its Marine Shipping peers (median 4.4%)Significant
Return on assets: -0.00Industry median: 0.04Industry P5: 0.01Peers compared: 40.00
P/E ratio is 100×, higher than 95% of its Marine Shipping peers (median 12.33×)Significant
P/E ratio: 100Industry median: 12.33Industry P95: 71.98Peers compared: 40.00
Structural Tensions
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 11,387,401.662Operating Cash Flow (USD, TTM): -47,826,939.323
Most companies in its industry are flow businesses; this one is a production businessSignificant
Industry peers: 106Share on the common pattern %: 92.00
Financial Health
Altman Z-Score 3.76: safe zoneNotable
Altman Z-Score: 3.76
Supply Chain
Midstream position: 6 outgoing, 6 incoming connectionsNotable
Outgoing: 6.00Incoming: 6.00
High connectivity hub: 12 industry connectionsNotable
Total Connections: 12.00
Scale
Market cap is $1.31B, above the global median of $1.2BNotable
Market cap (USD): 1,307,533,495.53Global Median: 1,201,862,193
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