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NORINCO International Cooperation 000065.SZ · CNY

Industrials · Shenzhen · 🇨🇳 China

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9.93

+0.61%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥13.55bn

FY2016FY2025

Net income

CN¥723.3m

FY2016FY2025

Free cash flow

CN¥550.2m

FY2016FY2025

Shareholders' equity

CN¥11.10bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥13.55bnCN¥19.08bnCN¥21.49bnCN¥13.43bnCN¥13.05bnCN¥12.85bnCN¥11.06bnCN¥9.98bnCN¥9.73bnCN¥8.76bn
Gross profitCN¥1.94bnCN¥2.40bnCN¥2.22bnCN¥1.83bnCN¥1.39bnCN¥1.29bnCN¥1.60bnCN¥1.48bnCN¥1.34bnCN¥1.04bn
Research and developmentCN¥72.6mCN¥67.2mCN¥66.4mCN¥20.2mCN¥16.1mCN¥14.9mCN¥14.8mCN¥13.4mCN¥13.8mCN¥142.8m
Operating incomeCN¥994.0mCN¥1.19bnCN¥1.12bnCN¥956.0mCN¥807.7mCN¥896.2mCN¥855.4mCN¥798.0mCN¥669.9mCN¥624.5m
Net incomeCN¥723.3mCN¥1.05bnCN¥918.1mCN¥636.2mCN¥623.7mCN¥751.4mCN¥706.2mCN¥589.2mCN¥499.3mCN¥461.0m
Diluted earnings per share0.680.900.800.460.790.980.940.770.640.75

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥26.15bnCN¥24.45bnCN¥23.76bnCN¥22.08bnCN¥19.34bnCN¥18.09bnCN¥14.68bnCN¥11.48bnCN¥11.46bnCN¥12.15bn
Cash and short-term investments—CN¥4.60bnCN¥4.09bnCN¥5.05bnCN¥4.09bnCN¥5.14bnCN¥3.15bnCN¥4.41bnCN¥4.89bnCN¥3.69bn
Total liabilitiesCN¥14.38bnCN¥14.23bnCN¥14.46bnCN¥13.52bnCN¥12.50bnCN¥11.86bnCN¥9.29bnCN¥6.84bnCN¥7.34bnCN¥8.49bn
DebtCN¥3.90bnCN¥3.22bnCN¥5.73bnCN¥5.61bnCN¥5.04bnCN¥5.86bnCN¥1.96bnCN¥1.21bnCN¥1.19bnCN¥492.3m
Shareholders' equityCN¥11.10bnCN¥9.46bnCN¥8.47bnCN¥7.75bnCN¥6.21bnCN¥5.62bnCN¥4.93bnCN¥4.21bnCN¥3.65bnCN¥3.19bn
Shares outstanding1,071m1,171m1,153m1,374m792m764m748m763m774m615m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥1.05bnCN¥653.3mCN¥702.1mCN¥738.0mCN¥1.50bn−CN¥1.27bn−CN¥1.58bnCN¥182.4mCN¥1.32bnCN¥144.1m
Capital spending−CN¥498.6m−CN¥184.2m−CN¥187.2m−CN¥318.8m−CN¥698.9m−CN¥782.5m−CN¥420.5m−CN¥266.0m−CN¥680.0m−CN¥377.8m
Free cash flowCN¥550.2mCN¥469.1mCN¥514.9mCN¥419.3mCN¥798.5m−CN¥2.06bn−CN¥2.00bn−CN¥83.7mCN¥642.8m−CN¥233.8m
Dividends paid−CN¥333.3m−CN¥293.5m−CN¥269.3m−CN¥62.3m−CN¥75.4m−CN¥70.8m−CN¥61.6m−CN¥130.6m−CN¥65.9m−CN¥38.8m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥3.08bnCN¥2.35bnCN¥3.64bnCN¥3.18bnCN¥3.08bnCN¥3.65bnCN¥4.96bnCN¥3.71bn
Gross profitCN¥564.3mCN¥404.0mCN¥523.8mCN¥530.5mCN¥436.5mCN¥475.6mCN¥747.0mCN¥602.4m
Operating incomeCN¥301.4mCN¥232.0mCN¥332.3mCN¥255.6mCN¥189.2mCN¥255.4mCN¥289.8mCN¥362.5m
Net incomeCN¥215.6mCN¥110.5mCN¥238.7mCN¥175.7mCN¥132.0mCN¥176.9mCN¥292.0mCN¥218.3m
Diluted earnings per share0.200.100.220.160.120.170.250.19
Cash from operations———CN¥750.0m−CN¥186.0mCN¥333.0mCN¥1.11bn−CN¥72.0m
Capital spending−CN¥67.0m−CN¥96.0m−CN¥286.0m−CN¥113.0m−CN¥77.0m−CN¥20.0m−CN¥32.0m−CN¥32.0m
Free cash flow———CN¥637.0m−CN¥263.0mCN¥313.0mCN¥1.08bn−CN¥104.0m
Total assetsCN¥25.90bnCN¥25.51bnCN¥26.15bnCN¥25.28bnCN¥24.82bnCN¥24.99bnCN¥24.45bnCN¥24.05bn
Cash and short-term investments———CN¥4.87bnCN¥4.87bnCN¥4.52bnCN¥4.60bnCN¥3.45bn
DebtCN¥2.63bnCN¥3.70bnCN¥3.90bnCN¥4.24bnCN¥4.14bnCN¥2.94bnCN¥3.21bnCN¥6.18bn
Shareholders' equityCN¥11.13bnCN¥11.19bnCN¥11.10bnCN¥10.18bnCN¥10.04bnCN¥9.91bnCN¥9.46bnCN¥9.04bn

Financial ratios

Data as of 29 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin14.3%12.6%10.3%13.6%10.7%10.0%
Operating margin7.3%6.2%5.2%7.1%6.2%7.0%
Net margin5.3%5.5%4.3%4.7%4.8%5.8%
Return on equity6.5%11.1%10.8%8.2%10.0%13.4%
Return on assets2.8%4.3%3.9%2.9%3.2%4.2%
Free cash flow yield15.0%7.4%8.0%8.0%28.9%-6.7%
Revenue growth-29.0%-11.2%60.0%2.9%1.6%16.2%
Earnings growth-31.1%14.3%44.3%2.0%-17.0%6.4%
Current ratio1.40x1.16x1.49x1.62x1.49x1.73x
Debt to equity0.35x0.34x0.67x0.72x0.81x1.04x
Equity ratio42.5%38.7%35.6%35.1%32.1%31.1%
Interest coverage5.72x4.92x4.73x4.78x4.19x6.52x
R&D as a share of sales0.5%0.4%0.3%0.2%0.1%0.1%
Buybacks as a share of market value8.5%-1.6%16.1%-73.5%-3.7%-2.1%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue0.3%1.1%5.3%
Operating income1.3%2.1%9.0%
Net income4.4%-0.8%9.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin13.3%12.4%11.8%12.2%
Operating margin6.7%6.3%6.4%6.6%
Net margin5.4%4.9%5.0%5.1%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings18.510.914.117.89.86.88.28.916.921.7
Price to sales1.00.60.60.80.50.40.50.50.91.1

Dividends and splits

Per share, in the currency the company pays

Paid for 17 years. Last went ex-dividend on 17 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.1370.1480.0920.0630.0620.0880.0830.072
  • 3-for-2 split · 1 Jun 2018
  • 3-for-2 split · 19 Oct 2016
  • 6-for-5 split · 13 Jun 2014
  • 13-for-10 split · 7 Jun 2013
  • 1-to-1 reverse split · 11 Nov 2005
  • 8-for-5 split · 13 Sept 2002

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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