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C

CMST Development Co 600787.SS · CNY

Industrials · Shanghai · 🇨🇳 China

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4.61

-0.86%

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¥67.69bn

FY2016FY2025

Net income

CN¥545.5m

FY2016FY2025

Free cash flow

CN¥1.03bn

FY2016FY2025

Shareholders' equity

CN¥13.91bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥67.69bnCN¥63.14bnCN¥67.27bnCN¥76.78bnCN¥75.24bnCN¥48.83bnCN¥40.37bnCN¥34.03bnCN¥33.13bnCN¥15.29bn
Gross profitCN¥2.03bnCN¥1.85bnCN¥1.93bnCN¥1.67bnCN¥1.66bnCN¥1.47bnCN¥1.28bnCN¥1.30bnCN¥598.8mCN¥762.5m
Research and developmentCN¥117.4mCN¥120.0mCN¥95.3mCN¥68.6mCN¥30.2mCN¥10.2mCN¥16.1mCN¥13.4mCN¥8.2mCN¥7.4m
Operating incomeCN¥366.4mCN¥776.6mCN¥1.16bnCN¥366.3mCN¥445.7mCN¥849.0mCN¥533.2mCN¥351.5mCN¥1.89bnCN¥942.6m
Net incomeCN¥545.5mCN¥403.0mCN¥786.6mCN¥640.4mCN¥919.7mCN¥578.5mCN¥279.6mCN¥477.8mCN¥1.35bnCN¥767.4m
Diluted earnings per share0.250.190.360.300.420.270.130.220.610.35

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥23.76bnCN¥22.68bnCN¥22.79bnCN¥23.97bnCN¥23.19bnCN¥21.14bnCN¥20.35bnCN¥22.54bnCN¥18.72bnCN¥19.74bn
Cash and short-term investments—CN¥3.75bnCN¥3.22bnCN¥3.86bnCN¥2.39bnCN¥1.65bnCN¥1.87bnCN¥5.24bnCN¥2.12bnCN¥1.78bn
Total liabilitiesCN¥8.83bnCN¥7.86bnCN¥8.20bnCN¥9.92bnCN¥9.96bnCN¥8.96bnCN¥8.74bnCN¥11.11bnCN¥7.94bnCN¥10.15bn
DebtCN¥546.1mCN¥1.69bnCN¥2.05bnCN¥2.67bnCN¥2.13bnCN¥3.03bnCN¥2.54bnCN¥5.18bnCN¥4.00bnCN¥5.91bn
Shareholders' equityCN¥13.91bnCN¥13.73bnCN¥13.59bnCN¥13.05bnCN¥12.74bnCN¥11.73bnCN¥11.19bnCN¥11.04bnCN¥10.56bnCN¥9.36bn
Shares outstanding2,170m2,170m2,170m2,170m2,173m2,165m2,179m2,198m2,199m2,189m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥1.21bnCN¥715.1mCN¥1.17bnCN¥1.71bnCN¥1.80bnCN¥1.17bnCN¥991.5mCN¥924.3mCN¥5.05bn−CN¥3.90bn
Capital spending−CN¥180.8m−CN¥208.2m−CN¥449.0m−CN¥507.0m−CN¥873.6m−CN¥799.2m−CN¥644.2m−CN¥469.2m−CN¥834.5m−CN¥609.5m
Free cash flowCN¥1.03bnCN¥506.9mCN¥723.0mCN¥1.20bnCN¥928.5mCN¥367.6mCN¥347.4mCN¥455.1mCN¥4.21bn−CN¥4.51bn
Dividends paid−CN¥210.8m−CN¥347.4m−CN¥327.9m−CN¥352.1m−CN¥173.0m−CN¥208.9m−CN¥49.9m−CN¥347.2m−CN¥221.4m−CN¥288.1m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥19.22bnCN¥17.84bnCN¥19.90bnCN¥18.33bnCN¥16.23bnCN¥13.23bnCN¥15.84bnCN¥16.84bn
Gross profitCN¥635.4mCN¥515.5mCN¥557.6mCN¥539.7mCN¥509.5mCN¥425.3mCN¥524.5mCN¥456.8m
Operating incomeCN¥234.9mCN¥140.3m−CN¥30.2mCN¥102.3mCN¥163.3mCN¥120.7mCN¥194.0mCN¥82.2m
Net incomeCN¥114.2mCN¥73.2mCN¥101.1mCN¥29.4mCN¥350.7mCN¥64.4mCN¥18.2mCN¥7.1m
Diluted earnings per share0.050.030.050.010.160.030.010.00
Cash from operations———CN¥674.0mCN¥137.0m−CN¥78.0mCN¥563.0m−CN¥72.0m
Capital spending−CN¥13.0m−CN¥150.0m−CN¥91.0m−CN¥28.0m−CN¥28.0m−CN¥32.0m−CN¥54.0m−CN¥66.0m
Free cash flow———CN¥646.0mCN¥109.0m−CN¥110.0mCN¥509.0m−CN¥138.0m
Total assetsCN¥24.40bnCN¥23.76bnCN¥23.76bnCN¥24.10bnCN¥23.35bnCN¥22.07bnCN¥22.68bnCN¥23.77bn
Cash and short-term investments———CN¥3.87bnCN¥3.31bnCN¥2.87bnCN¥3.75bnCN¥3.31bn
DebtCN¥1.04bnCN¥548.8mCN¥546.1mCN¥2.14bnCN¥1.32bnCN¥1.25bnCN¥1.59bnCN¥2.00bn
Shareholders' equityCN¥13.85bnCN¥13.98bnCN¥13.91bnCN¥13.90bnCN¥13.88bnCN¥13.79bnCN¥13.73bnCN¥13.70bn

Financial ratios

Data as of 3 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin3.0%2.9%2.9%2.2%2.2%3.0%
Operating margin0.5%1.2%1.7%0.5%0.6%1.7%
Net margin0.8%0.6%1.2%0.8%1.2%1.2%
Return on equity3.9%2.9%5.8%4.9%7.2%4.9%
Return on assets2.3%1.8%3.5%2.7%4.0%2.7%
Free cash flow yield13.9%9.2%16.2%22.1%26.7%19.7%
Revenue growth7.2%-6.1%-12.4%2.0%54.1%21.0%
Earnings growth35.4%-48.8%22.8%-30.4%59.0%106.9%
Current ratio1.80x2.07x1.86x1.44x1.49x1.23x
Debt to equity0.04x0.12x0.18x0.20x0.16x0.26x
Equity ratio58.6%60.5%59.6%54.5%55.0%55.5%
Interest coverage5.81x8.74x13.99x2.50x2.13x4.05x
R&D as a share of sales0.2%0.2%0.1%0.1%0.0%0.0%
Buybacks as a share of market value0.0%0.0%0.0%0.1%-0.4%0.6%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-4.1%6.7%14.3%
Operating income0.0%-15.5%—
Net income-5.2%-1.2%-2.0%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin3.0%2.7%2.7%2.8%
Operating margin0.9%1.0%1.0%1.4%
Net margin0.7%0.9%1.0%1.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings22.434.414.116.814.717.340.623.018.025.9
Price to sales0.20.20.20.10.20.20.30.30.71.3

Dividends and splits

Per share, in the currency the company pays

Paid for 5 years. Last went ex-dividend on 24 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2019FY2018
Paid in the year0.1130.070.1280.100.1610.0790.0230.061
  • 1-to-1 reverse split · 10 Jan 2006
  • 2-for-1 split · 18 Oct 2004
  • 3-for-2 split · 30 May 2000
  • 17-for-10 split · 10 May 1999
  • 17-for-10 split · 13 Apr 1998
  • 11-for-10 split · 6 Jun 1997

Sources and methodology

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

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