Tianjin Jingwei Huikai Optoelectronic Co 300120.SZ · CNY
Information Technology · Shenzhen · 🇨🇳 China
8.45
+3.05%
Close of 9 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥2.58bn
FY2016FY2025
Net income
−CN¥484.3m
FY2016FY2025
Free cash flow
CN¥194.2m
FY2016FY2025
Shareholders' equity
CN¥2.50bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.58bn | CN¥3.26bn | CN¥3.43bn | CN¥2.70bn | CN¥3.31bn | CN¥3.06bn | CN¥2.33bn | CN¥2.06bn | CN¥888.6m | CN¥630.1m |
| Gross profit | CN¥400.8m | CN¥397.7m | CN¥401.7m | CN¥421.5m | CN¥401.0m | CN¥440.8m | CN¥477.1m | CN¥460.0m | CN¥160.5m | CN¥80.8m |
| Research and development | CN¥82.7m | CN¥79.2m | CN¥81.8m | CN¥88.5m | CN¥90.2m | CN¥83.3m | CN¥79.5m | CN¥67.0m | CN¥28.4m | CN¥17.2m |
| Operating income | CN¥95.4m | CN¥43.9m | −CN¥215.0m | CN¥46.6m | CN¥48.4m | CN¥91.7m | CN¥148.3m | CN¥164.5m | CN¥67.3m | CN¥18.9m |
| Net income | −CN¥484.3m | CN¥21.5m | −CN¥289.3m | CN¥36.8m | CN¥43.3m | CN¥79.6m | CN¥137.5m | CN¥134.6m | CN¥56.0m | CN¥15.7m |
| Diluted earnings per share | -0.84 | 0.04 | -0.54 | 0.08 | 0.09 | -1,563.46 | 0.33 | 0.35 | 0.16 | 0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.16bn | CN¥4.53bn | CN¥4.70bn | CN¥4.44bn | CN¥4.09bn | CN¥4.10bn | CN¥3.67bn | CN¥2.87bn | CN¥2.68bn | CN¥760.0m |
| Cash and short-term investments | — | CN¥836.4m | CN¥1.10bn | CN¥496.2m | CN¥291.1m | CN¥325.6m | CN¥523.8m | CN¥248.3m | CN¥248.6m | CN¥67.6m |
| Total liabilities | CN¥1.65bn | CN¥1.54bn | CN¥1.74bn | CN¥1.80bn | CN¥1.50bn | CN¥1.54bn | CN¥1.14bn | CN¥869.4m | CN¥797.5m | CN¥78.2m |
| Debt | CN¥146.4m | CN¥613.7m | CN¥817.0m | CN¥1.01bn | CN¥811.9m | CN¥740.8m | CN¥450.8m | CN¥393.0m | CN¥273.9m | CN¥2.3m |
| Shareholders' equity | CN¥2.50bn | CN¥2.98bn | CN¥2.96bn | CN¥2.54bn | CN¥2.51bn | CN¥2.49bn | CN¥2.45bn | CN¥1.91bn | CN¥1.80bn | CN¥600.4m |
| Shares outstanding | 578m | 572m | 538m | 463m | 464m | — | 416m | 384m | 342m | 266m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥228.3m | CN¥91.5m | −CN¥71.4m | −CN¥39.8m | CN¥157.9m | −CN¥56.9m | CN¥127.7m | CN¥107.4m | CN¥17.3m | −CN¥19.2m |
| Capital spending | −CN¥34.1m | −CN¥82.0m | −CN¥71.7m | −CN¥17.6m | −CN¥44.7m | −CN¥163.8m | −CN¥184.7m | −CN¥76.6m | −CN¥9.9m | −CN¥22.3m |
| Free cash flow | CN¥194.2m | CN¥9.5m | −CN¥143.1m | −CN¥57.4m | CN¥113.2m | −CN¥220.7m | −CN¥57.0m | CN¥30.8m | CN¥7.5m | −CN¥41.6m |
| Dividends paid | −CN¥45.4m | −CN¥39.3m | −CN¥74.1m | −CN¥2,762 | −CN¥37.1m | −CN¥46.4m | −CN¥39.2m | −CN¥75.3m | −CN¥4.4m | −CN¥12.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.09bn | CN¥675.7m | CN¥661.8m | CN¥640.3m | CN¥687.6m | CN¥587.3m | CN¥641.1m | CN¥1.02bn |
| Gross profit | CN¥137.6m | CN¥106.5m | CN¥123.0m | CN¥68.0m | CN¥111.4m | CN¥98.3m | CN¥84.8m | CN¥109.4m |
| Operating income | CN¥18.4m | CN¥25.8m | CN¥44.6m | −CN¥24.2m | CN¥12.7m | CN¥12.1m | −CN¥21.1m | CN¥18.8m |
| Net income | −CN¥44.3m | CN¥3.1m | −CN¥475.0m | −CN¥23.3m | CN¥1.3m | CN¥12.8m | −CN¥44.2m | CN¥17.5m |
| Diluted earnings per share | -0.08 | 0.01 | -0.82 | -0.04 | 0.00 | 0.02 | -0.08 | 0.03 |
| Cash from operations | — | — | — | CN¥130.0m | CN¥107.0m | −CN¥73.0m | — | −CN¥27.0m |
| Capital spending | −CN¥1.0m | — | −CN¥17.0m | — | −CN¥11.0m | −CN¥5.0m | −CN¥39.0m | −CN¥7.0m |
| Free cash flow | — | — | — | — | CN¥96.0m | −CN¥78.0m | — | −CN¥34.0m |
| Total assets | CN¥6.14bn | CN¥6.24bn | CN¥4.16bn | CN¥4.64bn | CN¥4.71bn | CN¥4.69bn | CN¥4.53bn | CN¥4.65bn |
| Cash and short-term investments | — | — | — | CN¥775.4m | CN¥811.3m | CN¥849.1m | CN¥836.4m | CN¥991.8m |
| Debt | CN¥532.5m | CN¥514.3m | CN¥146.4m | CN¥951.3m | CN¥635.1m | CN¥715.8m | CN¥574.0m | CN¥854.4m |
| Shareholders' equity | CN¥2.47bn | CN¥2.51bn | CN¥2.50bn | CN¥2.98bn | CN¥3.01bn | CN¥3.00bn | CN¥2.98bn | CN¥3.02bn |
Financial ratios
Data as of 17 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 15.6% | 12.2% | 11.7% | 15.6% | 12.1% | 14.4% |
| Operating margin | -16.2% | 2.9% | -6.3% | 3.6% | 2.8% | 5.2% |
| Net margin | -18.8% | 0.7% | -8.4% | 1.4% | 1.3% | 2.6% |
| Return on equity | -19.3% | 0.7% | -9.8% | 1.4% | 1.7% | 3.2% |
| Return on assets | -11.6% | 0.5% | -6.2% | 0.8% | 1.1% | 1.9% |
| Free cash flow yield | 5.9% | 3.9% | 0.0% | -0.6% | 5.7% | -27339.2% |
| Revenue growth | -21.0% | -5.0% | 27.2% | -18.3% | 8.1% | 31.1% |
| Earnings growth | -2357.0% | -107.4% | -886.8% | -15.1% | -45.6% | -42.1% |
| Current ratio | 1.86x | 1.76x | 1.85x | 1.59x | 1.63x | 1.56x |
| Debt to equity | 0.06x | 0.19x | 0.33x | 0.35x | 0.27x | 0.26x |
| Equity ratio | 60.2% | 65.8% | 62.9% | 57.3% | 61.3% | 60.7% |
| Interest coverage | -7.80x | 1.67x | -3.57x | 1.88x | 1.98x | 4.07x |
| R&D as a share of sales | 3.2% | 2.4% | 2.4% | 3.3% | 2.7% | 2.7% |
| Buybacks as a share of market value | -0.9% | -6.3% | -16.1% | 0.1% | 911721.6% | 100.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.5% | -3.4% | 17.7% |
| Operating income | 26.9% | 0.8% | 37.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.7% | 13.5% | 13.4% | 14.9% |
| Operating margin | 2.4% | -0.2% | 0.6% | 2.1% |
| Net margin | -7.9% | -6.0% | -3.2% | -1.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -10.1 | 248.0 | -13.5 | 76.1 | 97.8 | -0.0 | 19.4 | 17.3 | 58.0 | 205.1 |
| Price to sales | 1.9 | 1.6 | 1.1 | 1.0 | 1.3 | — | 1.1 | 1.1 | 3.6 | 5.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 7 Jul 2023.
| FY2023 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.05 | 0.08 | 0.10 | 0.10 | 0.151 | 0.039 | 0.039 | 0.065 |
- 1.293-for-1 split · 20 Jun 2018
- 1.2-for-1 split · 11 Jun 2014
- 3-for-2 split · 20 Apr 2012
- 13-for-10 split · 21 Apr 2011
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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