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Guangdong Dowstone Technology Co 300409.SZ · CNY

Materials · Shenzhen · 🇨🇳 China

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13.51

-0.37%

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¥8.16bn

FY2016FY2025

Net income

CN¥506.8m

FY2016FY2025

Free cash flow

CN¥747.0m

FY2016FY2025

Shareholders' equity

CN¥8.05bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥8.16bnCN¥7.75bnCN¥7.30bnCN¥6.86bnCN¥6.57bnCN¥3.31bnCN¥2.99bnCN¥3.54bnCN¥1.70bnCN¥803.7m
Gross profitCN¥1.84bnCN¥1.29bnCN¥1.06bnCN¥902.5mCN¥1.52bnCN¥746.9mCN¥562.0mCN¥1.09bnCN¥548.3mCN¥320.5m
Research and developmentCN¥218.8mCN¥239.3mCN¥286.8mCN¥300.4mCN¥247.8mCN¥154.0mCN¥136.0mCN¥158.6mCN¥82.2mCN¥56.3m
Operating incomeCN¥771.3mCN¥266.8mCN¥21.9mCN¥63.9mCN¥660.3mCN¥83.3mCN¥107.7mCN¥446.5mCN¥236.7mCN¥122.7m
Net incomeCN¥506.8mCN¥156.9m−CN¥27.9mCN¥86.2mCN¥561.7mCN¥60.5mCN¥24.0mCN¥220.0mCN¥152.1mCN¥101.1m
Diluted earnings per share0.660.25-0.050.150.970.130.050.560.390.25

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥14.17bnCN¥14.31bnCN¥14.87bnCN¥11.70bnCN¥7.99bnCN¥4.84bnCN¥4.45bnCN¥5.24bnCN¥3.71bnCN¥1.83bn
Cash and short-term investments—CN¥3.34bnCN¥4.20bnCN¥1.54bnCN¥1.01bnCN¥416.8mCN¥413.3mCN¥739.5mCN¥482.5mCN¥287.6m
Total liabilitiesCN¥5.80bnCN¥6.93bnCN¥7.77bnCN¥5.33bnCN¥3.38bnCN¥2.35bnCN¥1.97bnCN¥2.86bnCN¥1.86bnCN¥605.9m
DebtCN¥1.36bnCN¥4.90bnCN¥5.70bnCN¥3.20bnCN¥1.67bnCN¥1.25bnCN¥1.18bnCN¥1.52bnCN¥964.1mCN¥151.7m
Shareholders' equityCN¥8.05bnCN¥6.75bnCN¥6.03bnCN¥5.41bnCN¥4.49bnCN¥2.48bnCN¥2.47bnCN¥2.38bnCN¥1.31bnCN¥1.17bn
Shares outstanding771m630m582m557m579m469m480m393m390m404m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥1.07bnCN¥672.7mCN¥326.7m−CN¥77.3mCN¥445.6mCN¥534.0mCN¥1.04bnCN¥592.8m−CN¥63.3m−CN¥36.3m
Capital spending−CN¥326.9m−CN¥721.1m−CN¥732.2m−CN¥2.10bn−CN¥772.4m−CN¥192.5m−CN¥374.2m−CN¥323.9m−CN¥251.6m−CN¥119.7m
Free cash flowCN¥747.0m−CN¥48.4m−CN¥405.6m−CN¥2.18bn−CN¥326.8mCN¥341.5mCN¥666.5mCN¥268.9m−CN¥314.8m−CN¥156.0m
Dividends paid−CN¥245.7m−CN¥341.9m−CN¥156.1m−CN¥28.9m−CN¥27.8m−CN¥108.7m−CN¥154.6m−CN¥130.9m−CN¥54.5m−CN¥29.2m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥2.56bnCN¥2.23bnCN¥2.16bnCN¥2.35bnCN¥1.90bnCN¥1.76bnCN¥1.64bnCN¥1.97bn
Gross profitCN¥586.9mCN¥523.2mCN¥568.9mCN¥521.3mCN¥473.6mCN¥280.4mCN¥199.9mCN¥391.8m
Operating incomeCN¥296.2mCN¥202.3mCN¥217.5mCN¥222.4mCN¥238.3mCN¥67.6m−CN¥60.6mCN¥69.4m
Net incomeCN¥182.4mCN¥107.7mCN¥91.4mCN¥185.1mCN¥186.7mCN¥43.7mCN¥9.8mCN¥36.4m
Diluted earnings per share0.240.140.120.240.240.060.020.06
Cash from operations———CN¥169.0mCN¥222.0mCN¥444.0m−CN¥48.0mCN¥398.0m
Capital spending−CN¥108.0m−CN¥266.0m−CN¥118.0m−CN¥54.0m−CN¥21.0m−CN¥131.0m−CN¥159.0m−CN¥127.0m
Free cash flow———CN¥115.0mCN¥201.0mCN¥313.0m−CN¥207.0mCN¥271.0m
Total assetsCN¥13.88bnCN¥14.08bnCN¥14.17bnCN¥13.93bnCN¥13.58bnCN¥13.65bnCN¥14.31bnCN¥14.73bn
Cash and short-term investments———CN¥2.64bnCN¥2.80bnCN¥2.75bnCN¥3.34bnCN¥3.06bn
DebtCN¥1.22bnCN¥1.30bnCN¥1.36bnCN¥2.48bnCN¥3.31bnCN¥3.49bnCN¥4.90bnCN¥5.82bn
Shareholders' equityCN¥8.08bnCN¥8.13bnCN¥8.05bnCN¥8.03bnCN¥7.85bnCN¥7.68bnCN¥6.75bnCN¥5.80bn

Financial ratios

Data as of 25 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin22.6%16.7%14.5%13.2%23.1%22.5%
Operating margin9.5%3.4%0.3%0.9%10.1%2.5%
Net margin6.2%2.0%-0.4%1.3%8.6%1.8%
Return on equity6.3%2.3%-0.5%1.6%12.5%2.4%
Return on assets3.6%1.1%-0.2%0.7%7.0%1.2%
Free cash flow yield10.6%12.9%10.6%21.1%12.2%9.0%
Revenue growth5.2%6.3%6.3%4.5%98.2%11.0%
Earnings growth223.1%-662.3%-132.4%-84.7%828.2%152.1%
Current ratio1.76x1.72x2.09x1.52x1.68x1.46x
Debt to equity0.17x0.73x0.94x0.59x0.37x0.50x
Equity ratio56.8%47.2%40.5%46.2%56.2%51.2%
Interest coverage6.72x1.19x0.12x0.48x6.58x1.05x
R&D as a share of sales2.7%3.1%3.9%4.4%3.8%4.6%
Buybacks as a share of market value-22.4%-8.3%-4.4%3.7%-23.5%2.3%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue5.9%19.7%30.9%
Operating income129.4%56.1%29.4%
Net income80.5%53.0%25.8%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin19.7%17.0%18.4%20.4%
Operating margin6.5%3.7%4.7%5.7%
Net margin4.2%2.4%3.4%3.8%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings34.254.6-232.395.025.0115.7270.623.464.876.4
Price to sales2.11.10.91.22.12.12.21.45.89.6

Dividends and splits

Per share, in the currency the company pays

Paid for 11 years. Last went ex-dividend on 4 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.250.180.380.050.050.050.100.15
  • 9-for-5 split · 12 Jul 2018
  • 2-for-1 split · 26 May 2016
  • 3-for-2 split · 22 May 2015

Sources and methodology

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

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