Jiangsu LiXing General Steel Ball Co 300421.SZ · CNY
Consumer Discretionary · Shenzhen · 🇨🇳 China
19.02
+15.06%
Close of 9 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥1.11bn
FY2016FY2025
Net income
CN¥69.2m
FY2016FY2025
Free cash flow
−CN¥32.6m
FY2016FY2025
Shareholders' equity
CN¥1.29bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.11bn | CN¥1.04bn | CN¥1.00bn | CN¥980.9m | CN¥973.9m | CN¥787.4m | CN¥729.4m | CN¥706.3m | CN¥663.4m | CN¥486.2m |
| Gross profit | CN¥273.0m | CN¥172.3m | CN¥177.5m | CN¥169.8m | CN¥221.2m | CN¥170.0m | CN¥151.6m | CN¥180.5m | CN¥179.2m | CN¥128.2m |
| Research and development | CN¥51.7m | CN¥55.5m | CN¥54.1m | CN¥57.3m | CN¥50.1m | CN¥37.3m | CN¥31.5m | CN¥33.3m | CN¥29.2m | CN¥19.8m |
| Operating income | CN¥86.9m | CN¥64.5m | CN¥68.3m | CN¥71.1m | CN¥102.5m | CN¥77.3m | CN¥44.2m | CN¥86.2m | CN¥85.7m | CN¥64.6m |
| Net income | CN¥69.2m | CN¥55.2m | CN¥59.9m | CN¥62.3m | CN¥90.3m | CN¥60.6m | CN¥38.7m | CN¥73.1m | CN¥74.0m | CN¥58.1m |
| Diluted earnings per share | 0.24 | 0.19 | 0.20 | 0.21 | 0.31 | 0.22 | 0.15 | 0.29 | 0.25 | 0.20 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.93bn | CN¥1.91bn | CN¥1.83bn | CN¥1.79bn | CN¥1.69bn | CN¥1.49bn | CN¥1.41bn | CN¥1.50bn | CN¥1.52bn | CN¥1.27bn |
| Cash and short-term investments | — | CN¥144.4m | CN¥134.3m | CN¥120.4m | CN¥138.0m | CN¥178.4m | CN¥116.1m | CN¥104.6m | CN¥153.5m | CN¥116.6m |
| Total liabilities | CN¥645.0m | CN¥659.1m | CN¥592.0m | CN¥518.7m | CN¥454.5m | CN¥331.7m | CN¥285.6m | CN¥364.2m | CN¥346.1m | CN¥119.3m |
| Debt | — | CN¥255.1m | CN¥250.2m | CN¥160.1m | CN¥135.1m | CN¥110.1m | CN¥80.1m | CN¥146.0m | CN¥70.0m | CN¥20.0m |
| Shareholders' equity | CN¥1.29bn | CN¥1.25bn | CN¥1.23bn | CN¥1.27bn | CN¥1.23bn | CN¥1.16bn | CN¥1.12bn | CN¥1.13bn | CN¥1.17bn | CN¥1.15bn |
| Shares outstanding | 294m | 294m | 294m | 294m | 294m | 277m | 259m | 256m | 298m | 298m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥13.6m | CN¥102.7m | CN¥93.0m | CN¥70.3m | CN¥20.5m | CN¥87.0m | CN¥30.6m | CN¥50.9m | CN¥47.6m | CN¥33.4m |
| Capital spending | −CN¥19.0m | −CN¥60.8m | −CN¥55.1m | −CN¥69.3m | −CN¥79.6m | −CN¥25.8m | −CN¥64.0m | −CN¥28.7m | −CN¥40.7m | −CN¥75.9m |
| Free cash flow | −CN¥32.6m | CN¥41.9m | CN¥37.9m | CN¥1.1m | −CN¥59.1m | CN¥61.2m | −CN¥33.4m | CN¥22.2m | CN¥6.9m | −CN¥42.4m |
| Dividends paid | −CN¥41.6m | −CN¥40.7m | −CN¥98.3m | −CN¥37.1m | −CN¥24.8m | −CN¥24.2m | −CN¥51.0m | −CN¥82.0m | −CN¥57.8m | −CN¥40.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥283.5m | CN¥265.6m | CN¥295.0m | CN¥279.0m | CN¥283.3m | CN¥251.8m | CN¥267.8m | CN¥264.8m |
| Gross profit | CN¥46.9m | CN¥37.8m | CN¥42.5m | CN¥53.4m | CN¥45.4m | CN¥41.5m | CN¥30.6m | CN¥48.1m |
| Operating income | CN¥18.6m | CN¥15.5m | CN¥20.2m | CN¥19.1m | CN¥23.3m | CN¥20.2m | CN¥9.4m | CN¥16.0m |
| Net income | CN¥14.2m | CN¥7.1m | CN¥17.6m | CN¥14.1m | CN¥20.4m | CN¥17.1m | CN¥4.5m | CN¥15.3m |
| Diluted earnings per share | 0.05 | 0.02 | 0.06 | 0.05 | 0.07 | 0.06 | 0.02 | 0.05 |
| Cash from operations | — | — | — | CN¥11.0m | CN¥65.0m | −CN¥115.0m | CN¥25.0m | CN¥57.0m |
| Capital spending | −CN¥12.0m | −CN¥8.0m | −CN¥7.0m | −CN¥2.0m | −CN¥8.0m | −CN¥1.0m | −CN¥10.0m | −CN¥41.0m |
| Free cash flow | — | — | — | CN¥9.0m | CN¥57.0m | −CN¥116.0m | CN¥15.0m | CN¥16.0m |
| Total assets | CN¥1.93bn | CN¥1.96bn | CN¥1.93bn | CN¥1.97bn | CN¥1.98bn | CN¥1.99bn | CN¥1.91bn | CN¥1.89bn |
| Cash and short-term investments | — | — | — | CN¥202.1m | CN¥158.7m | CN¥197.0m | CN¥144.4m | CN¥177.2m |
| Debt | — | — | — | CN¥400.2m | CN¥362.9m | CN¥322.6m | CN¥255.1m | CN¥305.2m |
| Shareholders' equity | CN¥1.26bn | CN¥1.29bn | CN¥1.29bn | CN¥1.27bn | CN¥1.26bn | CN¥1.27bn | CN¥1.25bn | CN¥1.25bn |
Financial ratios
Data as of 8 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 24.6% | 16.5% | 17.7% | 17.3% | 22.7% | 21.6% | — |
| Operating margin | 7.6% | 6.4% | 7.4% | 7.3% | 10.8% | 10.3% | — |
| Net margin | 6.2% | 5.3% | 6.0% | 6.4% | 9.3% | 7.7% | — |
| Return on equity | 5.4% | 4.4% | 4.9% | 4.9% | 7.3% | 5.2% | — |
| Return on assets | 3.6% | 2.9% | 3.3% | 3.5% | 5.4% | 4.1% | — |
| Free cash flow yield | 0.1% | 3.5% | 3.1% | 2.9% | 2.1% | 2.5% | — |
| Revenue growth | 6.2% | 4.3% | 2.1% | 0.7% | 23.7% | 7.9% | — |
| Earnings growth | 25.3% | -7.8% | -3.9% | -31.0% | 49.1% | 56.6% | — |
| Current ratio | 1.67x | 1.60x | 1.78x | 1.90x | 1.96x | 2.56x | — |
| Debt to equity | — | 0.20x | 0.20x | 0.13x | 0.11x | 0.10x | 0.07x |
| Equity ratio | 66.6% | 65.6% | 67.6% | 71.0% | 73.0% | 77.7% | — |
| Interest coverage | 13.29x | 10.84x | 12.90x | 12.75x | 29.08x | 20.53x | — |
| R&D as a share of sales | 4.7% | 5.3% | 5.4% | 5.8% | 5.1% | 4.7% | — |
| Buybacks as a share of market value | 0.2% | -0.2% | 0.2% | -0.3% | -5.9% | -7.2% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 4.2% | 7.1% | 8.8% |
| Operating income | 6.9% | 2.4% | 4.3% |
| Net income | 3.5% | 2.7% | 2.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 20.7% | 19.2% | 20.1% | 21.6% |
| Operating margin | 7.0% | 7.0% | 8.0% | 9.0% |
| Net margin | 5.8% | 6.0% | 6.7% | 7.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 156.0 | 59.6 | 63.3 | 45.4 | 59.4 | 28.2 | 38.4 | 19.4 | 34.3 | 79.6 |
| Price to sales | 9.7 | 3.1 | 3.8 | 2.9 | 5.5 | 2.2 | 2.0 | 2.0 | 3.8 | 9.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 11 years. Last went ex-dividend on 5 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.15 | 0.12 | 0.12 | 0.333 | 0.125 | 0.083 | 0.083 | 0.175 |
- 6-for-5 split · 25 May 2023
- 19-for-10 split · 24 Apr 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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