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Shanghai Belling Corp 600171.SS · CNY

Information Technology · Shanghai · 🇨🇳 China

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19.99

-0.55%

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¥3.17bn

FY2016FY2025

Net income

CN¥236.2m

FY2016FY2025

Free cash flow

CN¥207.8m

FY2016FY2025

Shareholders' equity

CN¥4.53bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥3.17bnCN¥2.82bnCN¥2.14bnCN¥2.04bnCN¥2.02bnCN¥1.33bnCN¥1.10bnCN¥784.3mCN¥561.9mCN¥509.1m
Gross profitCN¥876.2mCN¥767.3mCN¥608.4mCN¥683.7mCN¥682.4mCN¥380.0mCN¥323.7mCN¥200.5mCN¥131.8mCN¥128.6m
Research and developmentCN¥492.5mCN¥430.3mCN¥359.5mCN¥258.2mCN¥176.6mCN¥115.7mCN¥118.3mCN¥88.2mCN¥68.2mCN¥55.0m
Operating incomeCN¥253.4mCN¥393.6m−CN¥103.8mCN¥429.0mCN¥765.6mCN¥618.2mCN¥294.5mCN¥154.5mCN¥165.1mCN¥35.6m
Net incomeCN¥236.2mCN¥395.5m−CN¥60.2mCN¥399.0mCN¥729.3mCN¥528.0mCN¥251.1mCN¥145.1mCN¥173.7mCN¥37.9m
Diluted earnings per share0.330.56-0.090.571.020.760.360.210.260.06

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥5.33bnCN¥5.28bnCN¥4.87bnCN¥4.98bnCN¥4.66bnCN¥3.88bnCN¥3.39bnCN¥2.71bnCN¥2.75bnCN¥2.11bn
Cash and short-term investments—CN¥1.53bnCN¥1.17bnCN¥1.46bnCN¥2.08bnCN¥1.06bnCN¥1.63bnCN¥1.22bnCN¥1.27bnCN¥1.28bn
Total liabilitiesCN¥800.3mCN¥874.0mCN¥809.7mCN¥748.8mCN¥679.0mCN¥551.6mCN¥317.8mCN¥250.1mCN¥326.7mCN¥230.4m
Debt—CN¥31.6mCN¥42.9mCN¥24.7mCN¥82.8mCN¥2.5mCN¥15.4mCN¥48.0mCN¥52.2mCN¥55.4m
Shareholders' equityCN¥4.53bnCN¥4.41bnCN¥4.06bnCN¥4.23bnCN¥3.94bnCN¥3.29bnCN¥3.04bnCN¥2.43bnCN¥2.39bnCN¥1.85bn
Shares outstanding709m709m700m700m713m698m698m698m673m680m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥251.7mCN¥93.6mCN¥115.9m−CN¥203.9mCN¥385.3mCN¥75.4mCN¥135.0mCN¥102.4mCN¥18.7mCN¥59.8m
Capital spending−CN¥43.8m−CN¥27.2m−CN¥27.3m−CN¥35.9m−CN¥10.0m−CN¥18.7m−CN¥23.3m−CN¥4.6m−CN¥3.9m−CN¥7.7m
Free cash flowCN¥207.8mCN¥66.3mCN¥88.6m−CN¥239.8mCN¥375.3mCN¥56.7mCN¥111.7mCN¥97.8mCN¥14.7mCN¥52.0m
Dividends paid−CN¥120.5m−CN¥70.9m−CN¥142.5m−CN¥142.2m−CN¥92.5m−CN¥77.4m−CN¥33.3m−CN¥57.3m−CN¥14.6m−CN¥17.6m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥1.00bnCN¥604.5mCN¥961.2mCN¥865.5mCN¥878.2mCN¥468.8mCN¥948.7mCN¥759.2m
Gross profitCN¥266.3mCN¥174.9mCN¥274.4mCN¥227.3mCN¥239.2mCN¥133.4mCN¥233.0mCN¥212.2m
Operating incomeCN¥96.7mCN¥27.0mCN¥76.7mCN¥49.1mCN¥99.6mCN¥42.0mCN¥143.3mCN¥113.7m
Net incomeCN¥91.7mCN¥22.4mCN¥32.0mCN¥70.1mCN¥95.8mCN¥38.4mCN¥157.0mCN¥107.4m
Diluted earnings per share0.130.030.050.100.140.050.220.15
Cash from operations———CN¥248.0mCN¥122.0m−CN¥62.0m——
Capital spending−CN¥5.0m−CN¥8.0m−CN¥13.0m−CN¥12.0m−CN¥11.0m−CN¥6.0m−CN¥8.0m−CN¥6.0m
Free cash flow———CN¥236.0mCN¥111.0m−CN¥68.0m——
Total assetsCN¥5.33bnCN¥5.26bnCN¥5.33bnCN¥5.16bnCN¥5.10bnCN¥5.14bnCN¥5.28bnCN¥4.93bn
Cash and short-term investments———CN¥1.16bnCN¥1.16bnCN¥1.45bnCN¥1.53bnCN¥1.50bn
Debt———CN¥39.0mCN¥60.6mCN¥77.0m——
Shareholders' equityCN¥4.55bnCN¥4.55bnCN¥4.53bnCN¥4.49bnCN¥4.42bnCN¥4.45bnCN¥4.41bnCN¥4.25bn

Financial ratios

Data as of 25 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin27.6%27.2%28.5%33.4%33.7%28.5%———
Operating margin8.0%14.0%-4.9%21.0%37.8%46.4%———
Net margin7.4%14.0%-2.8%19.5%36.0%39.6%———
Return on equity5.2%9.0%-1.5%9.4%18.5%16.0%———
Return on assets4.4%7.5%-1.2%8.0%15.6%13.6%———
Free cash flow yield1.8%0.7%0.9%-1.0%2.4%0.6%———
Revenue growth12.6%31.9%4.5%1.0%52.0%21.3%———
Earnings growth-40.3%-756.8%-115.1%-45.3%38.1%110.2%———
Current ratio4.59x4.73x4.13x4.75x5.83x5.14x———
Debt to equity———0.00x0.00x-0.02x0.01x0.00x0.01x
Equity ratio85.0%83.5%83.4%85.0%84.5%84.9%———
Interest coverage134.86x155.03x-37.68x214.55x393.39x1942.46x———
R&D as a share of sales15.5%15.3%16.8%12.6%8.7%8.7%———
Buybacks as a share of market value0.0%-1.3%0.0%1.9%-2.1%-0.0%———

Growth per year

Compound annual rate

3 years5 years10 years
Revenue15.8%19.0%20.6%
Operating income-16.1%-16.3%22.2%
Net income-16.0%-14.9%16.5%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin27.4%28.9%29.5%28.9%
Operating margin10.8%9.6%17.4%17.9%
Net margin10.5%9.5%16.5%17.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings93.871.1-165.230.625.118.543.844.963.1252.0
Price to sales7.010.04.76.09.07.310.08.319.518.7

Dividends and splits

Per share, in the currency the company pays

Paid for 15 years. Last went ex-dividend on 17 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.120.170.100.200.200.130.110.045
  • 11-for-10 split · 17 Jun 2008
  • 1-to-1 reverse split · 23 Jan 2006
  • 13-for-10 split · 23 Apr 2002
  • 13-for-10 split · 6 Jul 1999

Sources and methodology

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

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