Guangdong Huafeng New Energy Technology Co 002806.SZ · CNY
Industrials · Shenzhen · 🇨🇳 China
12.18
+1.67%
Close of 9 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥1.19bn
FY2016FY2025
Net income
−CN¥30.0m
FY2016FY2025
Free cash flow
−CN¥46.9m
FY2016FY2025
Shareholders' equity
CN¥1.13bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.19bn | CN¥1.03bn | CN¥719.1m | CN¥657.9m | CN¥688.1m | CN¥440.3m | CN¥706.2m | CN¥649.9m | CN¥439.5m | CN¥371.7m |
| Gross profit | CN¥156.6m | CN¥168.1m | CN¥85.1m | CN¥124.3m | CN¥142.8m | CN¥13.6m | CN¥166.2m | CN¥169.9m | CN¥77.8m | CN¥66.1m |
| Research and development | CN¥52.8m | CN¥52.1m | CN¥63.6m | CN¥67.7m | CN¥53.7m | CN¥49.9m | CN¥40.1m | CN¥35.7m | CN¥17.6m | CN¥18.7m |
| Operating income | CN¥9.0m | CN¥98.8m | −CN¥304.5m | −CN¥8.1m | CN¥70.1m | −CN¥291.2m | CN¥46.3m | CN¥99.4m | CN¥34.4m | CN¥30.6m |
| Net income | −CN¥30.0m | CN¥85.5m | −CN¥324.3m | −CN¥9.6m | CN¥62.7m | −CN¥305.1m | CN¥34.2m | CN¥78.1m | CN¥28.5m | CN¥26.3m |
| Diluted earnings per share | -0.14 | 0.44 | -1.70 | -0.05 | 0.24 | -1.72 | 0.18 | 0.43 | 0.21 | 0.54 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.05bn | CN¥2.06bn | CN¥1.72bn | CN¥1.94bn | CN¥1.91bn | CN¥1.77bn | CN¥2.08bn | CN¥1.78bn | CN¥624.9m | CN¥532.4m |
| Cash and short-term investments | — | CN¥142.2m | CN¥64.2m | CN¥110.2m | CN¥151.6m | CN¥275.6m | CN¥275.0m | CN¥88.2m | CN¥29.3m | CN¥31.8m |
| Total liabilities | CN¥915.2m | CN¥1.06bn | CN¥847.6m | CN¥746.8m | CN¥674.6m | CN¥713.1m | CN¥703.5m | CN¥515.9m | CN¥251.5m | CN¥180.4m |
| Debt | CN¥95.0m | CN¥313.4m | CN¥472.4m | CN¥379.4m | CN¥277.0m | CN¥431.2m | CN¥414.0m | CN¥198.6m | CN¥122.4m | CN¥50.2m |
| Shareholders' equity | CN¥1.13bn | CN¥1.00bn | CN¥869.0m | CN¥1.19bn | CN¥1.24bn | CN¥1.05bn | CN¥1.37bn | CN¥1.26bn | CN¥372.5m | CN¥352.0m |
| Shares outstanding | 220m | 196m | 190m | 197m | 260m | 178m | 194m | 180m | 135m | 49m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥2.6m | CN¥26.5m | CN¥125,959 | CN¥7.9m | CN¥28.9m | CN¥148.8m | CN¥20.5m | CN¥77.6m | CN¥46.1m | CN¥22.5m |
| Capital spending | −CN¥49.5m | −CN¥34.2m | −CN¥138.7m | −CN¥99.3m | −CN¥100.5m | −CN¥60.8m | −CN¥80.8m | −CN¥85.3m | −CN¥101.0m | −CN¥45.5m |
| Free cash flow | −CN¥46.9m | −CN¥7.7m | −CN¥138.6m | −CN¥91.3m | −CN¥71.6m | CN¥88.0m | −CN¥60.3m | −CN¥7.7m | −CN¥54.9m | −CN¥22.9m |
| Dividends paid | −CN¥10.7m | −CN¥15.0m | −CN¥10.3m | −CN¥404,840 | −CN¥10.6m | −CN¥13.8m | −CN¥14.4m | −CN¥19.0m | −CN¥12.6m | −CN¥21.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥333.3m | CN¥249.1m | CN¥325.0m | CN¥276.0m | CN¥301.9m | CN¥284.5m | CN¥304.3m | CN¥260.4m |
| Gross profit | CN¥41.8m | CN¥19.2m | CN¥40.0m | CN¥37.6m | CN¥44.9m | CN¥34.0m | CN¥25.8m | CN¥57.0m |
| Operating income | −CN¥1.2m | −CN¥15.0m | CN¥924,857 | −CN¥5.3m | CN¥208,843 | CN¥3.2m | CN¥89.3m | CN¥10.0m |
| Net income | −CN¥5.0m | −CN¥15.9m | −CN¥20.1m | −CN¥2.5m | −CN¥4.3m | −CN¥3.1m | CN¥80.2m | CN¥2.9m |
| Diluted earnings per share | -0.02 | -0.07 | -0.09 | -0.01 | -0.02 | -0.01 | 0.41 | 0.01 |
| Cash from operations | — | — | — | −CN¥49.0m | CN¥40.0m | −CN¥2.0m | — | CN¥14.0m |
| Capital spending | −CN¥4.0m | −CN¥3.0m | −CN¥29.0m | −CN¥9.0m | −CN¥6.0m | −CN¥4.0m | −CN¥8.0m | −CN¥4.0m |
| Free cash flow | — | — | — | −CN¥58.0m | CN¥34.0m | −CN¥6.0m | — | CN¥10.0m |
| Total assets | CN¥1.99bn | CN¥1.96bn | CN¥2.05bn | CN¥2.07bn | CN¥2.19bn | CN¥2.10bn | CN¥2.06bn | CN¥1.95bn |
| Cash and short-term investments | — | — | — | CN¥124.3m | CN¥262.1m | CN¥147.4m | CN¥142.2m | CN¥98.3m |
| Debt | CN¥105.0m | CN¥95.0m | CN¥95.0m | CN¥213.6m | CN¥397.1m | CN¥321.5m | CN¥306.5m | CN¥542.3m |
| Shareholders' equity | CN¥1.11bn | CN¥1.12bn | CN¥1.13bn | CN¥1.15bn | CN¥1.02bn | CN¥999.7m | CN¥1.00bn | CN¥874.5m |
Financial ratios
Data as of 21 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 13.2% | 16.3% | 11.8% | 18.9% | 20.8% | 3.1% |
| Operating margin | -1.2% | 12.1% | -42.3% | 2.2% | 14.1% | -66.1% |
| Net margin | -2.5% | 8.3% | -45.1% | -1.5% | 9.1% | -69.3% |
| Return on equity | -2.7% | 8.5% | -37.3% | -0.8% | 5.1% | -29.0% |
| Return on assets | -1.5% | 4.1% | -18.9% | -0.5% | 3.3% | -17.2% |
| Free cash flow yield | — | 1.0% | — | — | — | — |
| Revenue growth | 15.2% | 43.3% | 9.3% | -4.4% | 56.3% | -37.7% |
| Earnings growth | -135.1% | -126.4% | 3276.1% | -115.3% | -120.6% | -991.0% |
| Current ratio | 1.50x | 1.32x | 1.59x | 1.62x | 1.97x | 2.12x |
| Debt to equity | 0.08x | 0.31x | 0.54x | 0.32x | 0.21x | 0.41x |
| Equity ratio | 55.2% | 48.6% | 50.5% | 61.3% | 64.6% | 59.5% |
| Interest coverage | -0.87x | 4.46x | -12.29x | 0.56x | 3.59x | -10.59x |
| R&D as a share of sales | 4.4% | 5.1% | 8.8% | 10.3% | 7.8% | 11.3% |
| Buybacks as a share of market value | -12.3% | -2.9% | 3.3% | 24.2% | -46.2% | 8.6% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 21.8% | 21.9% | 14.8% |
| Operating income | — | — | -10.0% |
| Net income | 46.2% | -37.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 14.6% | 14.9% | 14.6% | 17.1% |
| Operating margin | 4.9% | -5.7% | -9.0% | -2.6% |
| Net margin | 2.5% | -7.7% | -11.0% | -4.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -91.3 | 25.8 | -8.0 | -208.3 | 61.9 | -6.2 | 78.8 | 42.3 | 106.6 | 39.8 |
| Price to sales | 2.3 | 2.1 | 3.6 | 3.0 | 5.6 | 4.3 | 3.8 | 5.1 | 6.9 | 2.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 29 May 2020.
| FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|
| Paid in the year | 0.08 | 0.08 | 0.08 | 0.059 |
- 17-for-10 split · 18 May 2017
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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