CompanyGraph
Chengdu M&S Electronics Technology Co., Ltd.
688311 · SSE · China
microwave-signal.comFinancials as of FY2025
At a glance
- Depends onMidstream position: 5 outgoing, 4 incoming connections
- PositionOperating margin is -46%, lower than 95% of its Communication Equipment peers (median 2.6%)
- FinancialsLow earnings quality
- Interpretations1 currently firing — 1
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Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
4.30BCNY641.69M · vs all stocks (USD)
Revenue (TTM)
539.35MCNY80.51M · vs all stocks (USD)
Profit Margin
-5.96%vs Communication Equipment peers
Beta
-0.1850xvs all stocks
52-Week Change
-29.58%vs all stocks
Market Capitalization
4.30BCNY641.69M · vs all stocks (USD)
Enterprise Value
3.95BCNY589.70M · vs all stocks (USD)
Forward P/E
9.63xvs Communication Equipment peers
Price to Sales (TTM)
7.63xvs Communication Equipment peers
Price to Book (MRQ)
2.34xvs Communication Equipment peers
Enterprise to Revenue
7.33xvs Communication Equipment peers
Enterprise to EBITDA
-154.63xvs Communication Equipment peers
Gross Margin
33.74%vs Communication Equipment peers
Profit Margin
-5.96%vs Communication Equipment peers
Operating Margin
-45.99%vs Communication Equipment peers
Return on Assets (TTM)
-2.43%vs Communication Equipment peers
Return on Equity (TTM)
-1.88%vs Communication Equipment peers
Revenue (TTM)
539.35MCNY80.51M · vs all stocks (USD)
Revenue per Share (TTM)
3.27CNYUpdated Sep 22, 2026Quarterly Revenue Growth
23.80%vs Communication Equipment peers
Gross Profit (TTM)
171.14MCNY25.55M · vs all stocks (USD)
EBITDA (TTM)
64.19MCNY9.58M · vs all stocks (USD)
Net Income (TTM)
-32.15MCNY-4.80M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
478.30%vs Communication Equipment peers
Operating Cash Flow (TTM)
-58.66MCNY-8.76M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-48.64MCNY-7.26M · vs all stocks (USD)
Payout Ratio
0.00%vs Communication Equipment peers
Minority Interest (Equity)
46.74MCNYFY2025 · Dec 31, 2025Revenue
525.10MCNYFY2025 · Dec 31, 2025Cost of Goods Sold
354.55MCNYFY2025 · Dec 31, 2025Gross Profit
170.54MCNYFY2025 · Dec 31, 2025Operating Income
-3.62MCNY-539.62K · vs all stocks (USD)
Pre-tax Income
-31.34MCNYFY2025 · Dec 31, 2025Income Tax Expense
-14.13MCNYFY2025 · Dec 31, 2025Net Income
-17.21MCNYFY2025 · Dec 31, 2025EBIT
-23.97MCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
64.19MCNYFY2025 · Dec 31, 2025Research & Development
85.14MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
43.76MCNYFY2025 · Dec 31, 2025Other Operating Expenses
8.35MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
383.87KCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
7.37MCNYFY2025 · Dec 31, 2025EPS (Basic)
-0.1000CNYFY2025 · Dec 31, 2025EPS (Diluted)
-0.1000CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
163.81MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
163.81MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-17.21MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
829.35KCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
-41.42MCNYFY2025 · Dec 31, 2025Free Cash Flow
-56.94MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
371.42MCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-17.21MCNYFY2025 · Dec 31, 2025Other Non-cash Items
7.37MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-36.73MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
5.15MCNYFY2025 · Dec 31, 2025Capital Expenditures
-15.52MCNYFY2025 · Dec 31, 2025Purchase of Investments
-1.63BCNYFY2025 · Dec 31, 2025Sale of Investments
1.63BCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
-12.79MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
70.48MCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-66.31MCNYFY2025 · Dec 31, 2025Common Dividends Paid
-2.81MCNYFY2025 · Dec 31, 2025Other Financing Charges
-2.62MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
-1.26MCNYFY2025 · Dec 31, 2025Shares Outstanding
175.11MSharesUpdated Sep 22, 2026Float Shares
109.45MSharesUpdated Sep 22, 2026% Held by Insiders
37.68%vs all stocks
% Held by Institutions
11.96%vs all stocks
Total Cash (MRQ)
292.02MCNY43.59M · vs all stocks (USD)
Total Cash per Share (MRQ)
1.67CNYUpdated Sep 22, 2026Total Debt (MRQ)
80.57MCNY12.03M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.0447xvs Communication Equipment peers
Current Ratio (MRQ)
2.67xvs Communication Equipment peers
Book Value per Share (MRQ)
10.04CNYUpdated Sep 22, 2026Total Assets
2.46BCNY366.61M · vs all stocks (USD)
Total Current Assets
1.41BCNYFY2025 · Dec 31, 2025Total Liabilities
737.58MCNYFY2025 · Dec 31, 2025Total Non-current Assets
1.05BCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
192.58MCNYFY2025 · Dec 31, 2025Total Current Liabilities
545.01MCNYFY2025 · Dec 31, 2025Cash
371.42MCNYFY2025 · Dec 31, 2025Cash Equivalents
11.94MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
383.36MCNYFY2025 · Dec 31, 2025Accounts Receivable
707.93MCNYFY2025 · Dec 31, 2025Inventory
282.11MCNYFY2025 · Dec 31, 2025Accounts Payable
403.90MCNYFY2025 · Dec 31, 2025Short-term Debt
65.01MCNYFY2025 · Dec 31, 2025Other Current Liabilities
1.28MCNYFY2025 · Dec 31, 2025Long-term Debt
141.69MCNYFY2025 · Dec 31, 2025Other Non-current Liabilities
234.00KCNYFY2025 · Dec 31, 2025Common Stock (Book)
167.92MCNYFY2025 · Dec 31, 2025Retained Earnings
-60.28MCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
1.72BCNY256.52M · vs all stocks (USD)
52-Week Low
20.27CNYUpdated Sep 22, 202652-Week High
60.60CNYUpdated Sep 22, 202652-Week Change
-29.58%vs all stocks
Beta
-0.1850xvs all stocks
50-Day MA
23.31CNYUpdated Sep 22, 2026200-Day MA
34.87CNYUpdated Sep 22, 2026Avg 10-Day Volume
3.04MSharesUpdated Sep 22, 2026Avg 30-Day Volume
3.67MSharesUpdated Sep 22, 2026Diluted EPS (TTM)
-0.1900CNYUpdated Sep 22, 20261 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.
Screen for these patternsWhere is this company structurally exposed?
Ulcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility Elevated
It sits well below its peak, and the fall has been both deep and long.
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.
Peer Positioning
Operating margin is -46%, lower than 95% of its Communication Equipment peers (median 2.6%)Significant
Operating margin: -0.46Industry median: 0.03Industry P5: -0.24Peers compared: 107
Financial Health
Low earnings qualitySignificant
Earnings Quality Score: -1.09
Altman Z-Score 4.07: safe zoneNotable
Altman Z-Score: 4.07
Supply Chain
Midstream position: 5 outgoing, 4 incoming connectionsNotable
Outgoing: 5.00Incoming: 4.00
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