The reported statements, read against the company's own industry.
What stands out
Valued far above the size of its business
Financials view
Market Capitalization
9.87BCNY
1.47B · vs all stocks (USD)
Updated Sep 22, 2026
Revenue (TTM)
396.75MCNY
59.25M · vs all stocks (USD)
Updated Sep 22, 2026
Profit Margin
-140.48%
Updated Sep 22, 2026
Beta
0.7640x
vs all stocks
Updated Sep 22, 2026
52-Week Change
-0.10%
vs all stocks
Updated Sep 22, 2026
Market Capitalization
9.87BCNY
1.47B · vs all stocks (USD)
Updated Sep 22, 2026
Enterprise Value
11.75BCNY
1.75B · vs all stocks (USD)
Updated Sep 22, 2026
Price to Sales (TTM)
24.10x
Provider-reported. Market Capitalization ÷ Revenue (TTM) on this page gives 24.87×.Updated Sep 22, 2026
Price to Book (MRQ)
2.27x
Updated Sep 22, 2026
Enterprise to Revenue
29.60x
Updated Sep 22, 2026
Enterprise to EBITDA
-28.66x
Updated Sep 22, 2026
Gross Margin
55.62%
Provider-reported. Gross Profit (TTM) ÷ Revenue (TTM) on this page gives -48.1%.Updated Sep 22, 2026
Profit Margin
-140.48%
Updated Sep 22, 2026
Operating Margin
6.95%
Updated Sep 22, 2026
Return on Assets (TTM)
-2.92%
Updated Sep 22, 2026
Return on Equity (TTM)
-17.06%
Updated Sep 22, 2026
Revenue (TTM)
396.75MCNY
59.25M · vs all stocks (USD)
Updated Sep 22, 2026
Revenue per Share (TTM)
0.4170CNYUpdated Sep 22, 2026
Quarterly Revenue Growth
-25.10%
Updated Sep 22, 2026
Gross Profit (TTM)
-190.85MCNY
-28.50M · vs all stocks (USD)
Updated Sep 22, 2026
EBITDA (TTM)
-409.81MCNY
-61.20M · vs all stocks (USD)
Updated Sep 22, 2026
Net Income (TTM)
-557.37MCNY
-83.23M · vs all stocks (USD)
Updated Sep 22, 2026
Quarterly Earnings Growth (YoY)
-70.91%
Updated Sep 22, 2026
Operating Cash Flow (TTM)
-296.71MCNY
-44.31M · vs all stocks (USD)
Updated Sep 22, 2026
Levered Free Cash Flow (TTM)
151.42MCNY
22.61M · vs all stocks (USD)
Updated Sep 22, 2026
5-Year Average Dividend Yield
0.09%
vs all stocks
Updated Sep 22, 2026
Payout Ratio
0.00%
Updated Sep 22, 2026
Minority Interest (Equity)
-353.73MCNYFY2025 · Dec 31, 2025
Revenue
918.68MCNYFY2025 · Dec 31, 2025
Cost of Goods Sold
735.35MCNYFY2025 · Dec 31, 2025
Gross Profit
183.32MCNYFY2025 · Dec 31, 2025
Operating Income
-134.07MCNY
-20.02M · vs all stocks (USD)
FY2025 · Dec 31, 2025
Pre-tax Income
-689.08MCNYFY2025 · Dec 31, 2025
Income Tax Expense
14.26MCNYFY2025 · Dec 31, 2025
Net Income
-703.34MCNYFY2025 · Dec 31, 2025
EBIT
-516.26MCNYFY2025 · Dec 31, 2025
EBITDA (Income Statement)
-31.06MCNYFY2025 · Dec 31, 2025
Selling, General & Administrative
109.90MCNYFY2025 · Dec 31, 2025
Other Operating Expenses
49.23MCNYFY2025 · Dec 31, 2025
Non-operating Interest Income
4.31MCNYFY2025 · Dec 31, 2025
Non-operating Interest Expense
172.82MCNYFY2025 · Dec 31, 2025
EPS (Basic)
-0.5800CNYFY2025 · Dec 31, 2025
EPS (Diluted)
-0.5800CNYFY2025 · Dec 31, 2025
Basic Shares Outstanding
952.96MSharesFY2025 · Dec 31, 2025
Diluted Shares Outstanding
952.96MSharesFY2025 · Dec 31, 2025
Net Income from Continuing Operations
-703.34MCNYFY2025 · Dec 31, 2025
Minority Interests (P&L)
150.62MCNYFY2025 · Dec 31, 2025
Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025
Operating Cash Flow
-228.45MCNYFY2025 · Dec 31, 2025
Free Cash Flow
-283.09MCNYFY2025 · Dec 31, 2025
Cash & Cash Equivalents (End of Period)
263.64MCNYFY2025 · Dec 31, 2025
Starting Profit (CF Statement)
-703.34MCNYFY2025 · Dec 31, 2025
Other Non-cash Items
182.49MCNYFY2025 · Dec 31, 2025
Change in Accounts Receivable (CF)
-175.22MCNYFY2025 · Dec 31, 2025
Change in Other Assets/Liabilities
467.62MCNYFY2025 · Dec 31, 2025
Capital Expenditures
-54.65MCNYFY2025 · Dec 31, 2025
Purchase of Investments
-460.00MCNYFY2025 · Dec 31, 2025
Sale of Investments
520.80MCNYFY2025 · Dec 31, 2025
Net Investing Cash Flow
6.16MCNYFY2025 · Dec 31, 2025
Long-term Debt Issuance
1.49BCNYFY2025 · Dec 31, 2025
Long-term Debt Payments
-1.59BCNYFY2025 · Dec 31, 2025
Common Dividends Paid
-214.79MCNYFY2025 · Dec 31, 2025
Other Financing Charges
50.00MCNYFY2025 · Dec 31, 2025
Net Financing Cash Flow
-270.31MCNYFY2025 · Dec 31, 2025
Shares Outstanding
951.59MSharesUpdated Sep 22, 2026
Float Shares
555.17MSharesUpdated Sep 22, 2026
% Held by Insiders
49.18%
vs all stocks
Updated Sep 22, 2026
% Held by Institutions
7.85%
vs all stocks
Updated Sep 22, 2026
Total Cash (MRQ)
971.41MCNY
145.06M · vs all stocks (USD)
Updated Sep 22, 2026
Total Cash per Share (MRQ)
1.02CNYUpdated Sep 22, 2026
Total Debt (MRQ)
3.55BCNY
529.67M · vs all stocks (USD)
Updated Sep 22, 2026
Total Debt to Equity (MRQ)
0.9309x
Updated Sep 22, 2026
Current Ratio (MRQ)
1.80x
Updated Sep 22, 2026
Book Value per Share (MRQ)
4.42CNYUpdated Sep 22, 2026
Total Assets
10.16BCNY
1.52B · vs all stocks (USD)
FY2025 · Dec 31, 2025
Total Current Assets
6.97BCNYFY2025 · Dec 31, 2025
Total Liabilities
6.22BCNYFY2025 · Dec 31, 2025
Total Non-current Assets
3.19BCNYFY2025 · Dec 31, 2025
Total Non-current Liabilities
2.72BCNYFY2025 · Dec 31, 2025
Total Current Liabilities
3.50BCNYFY2025 · Dec 31, 2025
Cash
264.21MCNYFY2025 · Dec 31, 2025
Cash Equivalents
13.29MCNYFY2025 · Dec 31, 2025
Cash & Cash Equivalents
277.50MCNYFY2025 · Dec 31, 2025
Other Short-term Investments
20.07MCNYFY2025 · Dec 31, 2025
Accounts Receivable
18.39MCNYFY2025 · Dec 31, 2025
Inventory
6.17BCNYFY2025 · Dec 31, 2025
Accounts Payable
917.62MCNYFY2025 · Dec 31, 2025
Short-term Debt
357.97MCNYFY2025 · Dec 31, 2025
Other Current Liabilities
12.29MCNYFY2025 · Dec 31, 2025
Long-term Debt
2.60BCNYFY2025 · Dec 31, 2025
Common Stock (Book)
951.59MCNYFY2025 · Dec 31, 2025
Retained Earnings
611.90MCNYFY2025 · Dec 31, 2025
Total Shareholders' Equity
3.94BCNY
588.47M · vs all stocks (USD)
FY2025 · Dec 31, 2025
52-Week Low
9.30CNYUpdated Sep 22, 2026
52-Week High
28.88CNYUpdated Sep 22, 2026
52-Week Change
-0.10%
vs all stocks
Updated Sep 22, 2026
Beta
0.7640x
vs all stocks
Updated Sep 22, 2026
50-Day MA
10.74CNYUpdated Sep 22, 2026
200-Day MA
15.02CNYUpdated Sep 22, 2026
Avg 10-Day Volume
19.27MSharesUpdated Sep 22, 2026
Avg 30-Day Volume
23.09MSharesUpdated Sep 22, 2026
Diluted EPS (TTM)
-0.5800CNYUpdated Sep 22, 2026
1 interpretation 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
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
Valued far above the size of its businessSignificant
Price-to-Sales: 24.10Revenue Growth YoY: -0.25
High gross margins eroded by operating costsNotable