Ningbo Joy Intelligent Logistics Technology Co 301198.SZ · CNY
Materials · Shenzhen · 🇨🇳 China
10.13
-1.75%
Close of 9 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥429.5m
FY2017FY2025
Net income
−CN¥13.3m
FY2017FY2025
Free cash flow
−CN¥96.5m
FY2017FY2025
Shareholders' equity
CN¥905.2m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥429.5m | CN¥366.3m | CN¥403.2m | CN¥428.0m | CN¥363.0m | CN¥267.7m | CN¥235.9m | CN¥320.0m | CN¥252.5m |
| Gross profit | CN¥61.5m | CN¥48.4m | CN¥105.0m | CN¥137.6m | CN¥131.4m | CN¥111.6m | CN¥105.3m | CN¥136.8m | CN¥109.2m |
| Research and development | CN¥12.2m | CN¥10.7m | CN¥12.3m | CN¥11.7m | CN¥10.0m | CN¥8.1m | CN¥8.9m | CN¥10.5m | CN¥8.4m |
| Operating income | −CN¥5.3m | −CN¥7.0m | CN¥44.8m | CN¥69.4m | CN¥72.8m | CN¥69.2m | CN¥67.8m | CN¥82.3m | CN¥46.5m |
| Net income | −CN¥13.3m | −CN¥11.8m | CN¥36.1m | CN¥65.8m | CN¥60.7m | CN¥58.8m | CN¥52.9m | CN¥66.1m | CN¥37.3m |
| Diluted earnings per share | -0.08 | -0.05 | 0.19 | 0.40 | 0.44 | 0.45 | 0.36 | 0.39 | 0.22 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥1.20bn | CN¥1.32bn | CN¥1.29bn | CN¥1.13bn | CN¥1.02bn | CN¥438.0m | CN¥375.5m | CN¥428.8m | CN¥258.6m |
| Cash and short-term investments | — | CN¥349.2m | CN¥356.1m | CN¥424.2m | CN¥507.0m | CN¥47.0m | CN¥44.0m | CN¥51.2m | CN¥6.7m |
| Total liabilities | CN¥296.9m | CN¥401.6m | CN¥340.1m | CN¥183.8m | CN¥115.9m | CN¥77.6m | CN¥73.9m | CN¥148.9m | CN¥130.4m |
| Debt | — | CN¥215.2m | CN¥204.6m | CN¥88.1m | CN¥46.3m | CN¥5.5m | CN¥27.9m | CN¥46.3m | CN¥66.4m |
| Shareholders' equity | CN¥905.2m | CN¥918.6m | CN¥953.9m | CN¥945.4m | CN¥904.7m | CN¥360.4m | CN¥301.6m | CN¥279.9m | CN¥128.2m |
| Shares outstanding | 168m | 217m | 186m | 166m | 137m | 132m | 145m | 168m | 168m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −CN¥35.6m | CN¥94.6m | −CN¥10.1m | −CN¥18.2m | −CN¥17.2m | CN¥79.7m | CN¥77.4m | CN¥16.8m | CN¥25.8m |
| Capital spending | −CN¥60.8m | −CN¥138.7m | −CN¥101.7m | −CN¥84.6m | −CN¥38.4m | −CN¥53.4m | −CN¥28.0m | −CN¥54.0m | −CN¥16.0m |
| Free cash flow | −CN¥96.5m | −CN¥44.0m | −CN¥111.8m | −CN¥102.9m | −CN¥55.6m | CN¥26.3m | CN¥49.4m | −CN¥37.1m | CN¥9.7m |
| Dividends paid | −CN¥4.2m | −CN¥26.6m | −CN¥30.0m | −CN¥30.0m | −CN¥1.2m | −CN¥493,766 | −CN¥45.1m | −CN¥3.9m | −CN¥39.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥120.7m | CN¥101.7m | CN¥96.1m | CN¥120.6m | CN¥119.2m | CN¥93.7m | CN¥110.8m | CN¥83.0m |
| Gross profit | CN¥19.7m | CN¥15.9m | CN¥19.2m | CN¥13.2m | CN¥17.7m | CN¥11.4m | CN¥1.9m | CN¥10.9m |
| Operating income | −CN¥41,732 | −CN¥1.8m | −CN¥904,179 | CN¥1.7m | −CN¥3.6m | −CN¥1.7m | −CN¥17.4m | −CN¥3.9m |
| Net income | −CN¥5.3m | −CN¥119,681 | −CN¥8.7m | CN¥2.1m | −CN¥3.9m | −CN¥2.9m | −CN¥18.0m | −CN¥3.3m |
| Diluted earnings per share | -0.03 | -0.00 | -0.05 | 0.01 | -0.02 | -0.02 | -0.08 | -0.02 |
| Cash from operations | — | — | — | CN¥15.0m | CN¥4.0m | −CN¥51.0m | — | — |
| Capital spending | — | −CN¥22.0m | −CN¥18.0m | −CN¥6.0m | −CN¥10.0m | −CN¥25.0m | −CN¥29.0m | −CN¥22.0m |
| Free cash flow | — | — | — | CN¥9.0m | −CN¥6.0m | −CN¥76.0m | — | — |
| Total assets | CN¥1.11bn | CN¥1.11bn | CN¥1.20bn | CN¥1.19bn | CN¥1.20bn | CN¥1.22bn | CN¥1.32bn | CN¥1.28bn |
| Cash and short-term investments | — | — | — | CN¥150.7m | CN¥156.6m | CN¥206.1m | CN¥349.2m | CN¥341.6m |
| Debt | — | — | — | CN¥179.5m | CN¥167.5m | CN¥117.5m | CN¥212.1m | CN¥191.1m |
| Shareholders' equity | CN¥899.8m | CN¥905.1m | CN¥905.2m | CN¥913.9m | CN¥911.8m | CN¥915.4m | CN¥918.6m | CN¥939.8m |
Financial ratios
Data as of 26 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 14.3% | 13.2% | 26.0% | 32.2% | 36.2% | 41.7% | — |
| Operating margin | -2.2% | -0.9% | 12.2% | 18.8% | 20.8% | 27.3% | — |
| Net margin | -3.1% | -3.2% | 9.0% | 15.4% | 16.7% | 22.0% | — |
| Return on equity | -1.5% | -1.3% | 3.8% | 7.0% | 6.7% | 16.3% | — |
| Return on assets | -1.1% | -0.9% | 2.8% | 5.8% | 6.0% | 13.4% | — |
| Free cash flow yield | 1.3% | 9.3% | 4.2% | 3.5% | 1.3% | 8.7% | — |
| Revenue growth | 17.3% | -9.1% | -5.8% | 17.9% | 35.6% | 13.5% | — |
| Earnings growth | 12.5% | -132.8% | -45.1% | 8.4% | 3.2% | 11.1% | — |
| Current ratio | 1.88x | 1.76x | 2.34x | 4.46x | 7.48x | 3.23x | — |
| Debt to equity | — | 0.23x | 0.21x | 0.08x | 0.03x | 0.01x | 0.08x |
| Equity ratio | 75.3% | 69.6% | 73.7% | 83.7% | 88.6% | 82.3% | — |
| Interest coverage | -2.14x | -0.46x | 11.12x | 37.85x | 45.77x | 103.80x | — |
| R&D as a share of sales | 2.8% | 2.9% | 3.1% | 2.7% | 2.7% | 3.0% | — |
| Buybacks as a share of market value | 22.5% | -16.5% | -12.4% | -21.1% | -3.7% | 9.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.1% | 9.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.8% | 21.7% | 26.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -158.7 | -200.3 | 62.6 | 47.0 | 49.6 |
| Price to sales | 4.9 | 6.5 | 5.6 | 7.2 | 8.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 28 May 2024.
| FY2024 | FY2023 | FY2022 | |
|---|---|---|---|
| Paid in the year | 0.12 | 0.20 | 0.231 |
- 13-for-10 split · 26 May 2023
- 13-for-10 split · 16 Jun 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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