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Henan Mingtai Al Industrial Co 601677.SS · CNY

Materials · Shanghai · 🇨🇳 China

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14.74

+0.27%

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¥35.14bn

FY2016FY2025

Net income

CN¥1.96bn

FY2016FY2025

Free cash flow

CN¥690.4m

FY2016FY2025

Shareholders' equity

CN¥19.11bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥35.14bnCN¥32.32bnCN¥26.44bnCN¥27.78bnCN¥24.61bnCN¥16.33bnCN¥14.15bnCN¥13.32bnCN¥10.37bnCN¥7.48bn
Gross profitCN¥2.49bnCN¥2.24bnCN¥2.49bnCN¥2.69bnCN¥3.13bnCN¥1.87bnCN¥1.67bnCN¥1.17bnCN¥936.7mCN¥615.8m
Research and developmentCN¥385.1mCN¥445.7mCN¥1.08bnCN¥994.7mCN¥953.5mCN¥517.6mCN¥347.1mCN¥140.7mCN¥62.1mCN¥128.2m
Operating incomeCN¥2.24bnCN¥1.96bnCN¥1.46bnCN¥1.95bnCN¥2.17bnCN¥1.30bnCN¥1.21bnCN¥679.0mCN¥485.6mCN¥364.3m
Net incomeCN¥1.96bnCN¥1.75bnCN¥1.35bnCN¥1.60bnCN¥1.85bnCN¥1.07bnCN¥917.0mCN¥495.6mCN¥352.0mCN¥269.2m
Diluted earnings per share1.561.211.161.181.780.831.030.570.510.49

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥27.11bnCN¥23.32bnCN¥21.24bnCN¥18.95bnCN¥18.93bnCN¥12.77bnCN¥11.77bnCN¥9.34bnCN¥8.64bnCN¥5.95bn
Cash and short-term investments—CN¥4.35bnCN¥4.12bnCN¥3.26bnCN¥5.05bnCN¥3.61bnCN¥3.22bnCN¥1.25bnCN¥1.18bnCN¥775.5m
Total liabilitiesCN¥7.71bnCN¥5.73bnCN¥5.30bnCN¥6.32bnCN¥7.86bnCN¥3.76bnCN¥4.50bnCN¥3.24bnCN¥3.12bnCN¥1.87bn
Debt—CN¥582.5mCN¥450.9mCN¥1.28bnCN¥1.43bnCN¥1.22bnCN¥1.91bnCN¥755.9mCN¥652.4mCN¥32.2m
Shareholders' equityCN¥19.11bnCN¥17.30bnCN¥15.64bnCN¥12.20bnCN¥10.67bnCN¥8.66bnCN¥7.04bnCN¥5.93bnCN¥5.34bnCN¥3.88bn
Shares outstanding1,254m1,444m1,163m1,353m1,040m1,290m887m873m691m547m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥1.44bnCN¥662.7mCN¥665.8m−CN¥856.4mCN¥2.07bnCN¥875.3m−CN¥160.9mCN¥30.3m−CN¥280.7mCN¥69.7m
Capital spending−CN¥747.9m−CN¥450.0m−CN¥213.8m−CN¥181.2m−CN¥409.7m−CN¥356.6m−CN¥321.3m−CN¥327.3m−CN¥408.2m−CN¥323.6m
Free cash flowCN¥690.4mCN¥212.7mCN¥452.0m−CN¥1.04bnCN¥1.66bnCN¥518.7m−CN¥482.2m−CN¥297.0m−CN¥688.9m−CN¥253.9m
Dividends paid−CN¥331.0m−CN¥155.1m−CN¥176.0m−CN¥193.2m−CN¥136.4m−CN¥61.6m−CN¥131.7m−CN¥98.1m−CN¥51.9m−CN¥57.5m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥11.35bnCN¥9.77bnCN¥9.26bnCN¥8.87bnCN¥8.88bnCN¥8.12bnCN¥8.67bnCN¥8.34bn
Gross profitCN¥1.10bnCN¥961.5mCN¥723.6mCN¥726.8mCN¥496.4mCN¥539.2m−CN¥446.5mCN¥786.2m
Operating incomeCN¥946.1mCN¥881.5mCN¥640.6mCN¥619.3mCN¥572.0mCN¥499.8mCN¥375.8mCN¥376.7m
Net incomeCN¥704.7mCN¥702.0mCN¥555.6mCN¥464.1mCN¥500.6mCN¥439.7mCN¥337.2mCN¥341.4m
Diluted earnings per share0.560.560.440.370.400.350.230.24
Cash from operations———−CN¥247.0m−CN¥313.0mCN¥1.41bn—−CN¥505.0m
Capital spending−CN¥146.0m−CN¥205.0m−CN¥511.0m−CN¥84.0m−CN¥87.0m−CN¥64.0m−CN¥36.0m−CN¥127.0m
Free cash flow———−CN¥331.0m−CN¥400.0mCN¥1.35bn—−CN¥632.0m
Total assetsCN¥30.20bnCN¥29.32bnCN¥27.11bnCN¥27.28bnCN¥28.08bnCN¥26.07bnCN¥23.32bnCN¥23.43bn
Cash and short-term investments———CN¥3.82bnCN¥5.50bnCN¥4.08bnCN¥4.35bnCN¥3.36bn
Debt———CN¥5.28bnCN¥3.55bnCN¥701.1mCN¥581.6mCN¥237.4m
Shareholders' equityCN¥20.34bnCN¥19.81bnCN¥19.11bnCN¥18.69bnCN¥18.23bnCN¥17.70bnCN¥17.30bnCN¥17.24bn

Financial ratios

Data as of 27 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin7.1%6.9%9.4%9.7%12.7%11.5%—
Operating margin6.4%6.1%5.5%7.0%8.8%8.0%—
Net margin5.6%5.4%5.1%5.8%7.5%6.6%—
Return on equity10.3%10.1%8.6%13.1%17.4%12.4%—
Return on assets7.2%7.5%6.3%8.4%9.8%8.4%—
Free cash flow yield10.8%4.8%4.7%-3.1%14.8%5.9%—
Revenue growth8.7%22.2%-4.8%12.9%50.7%15.4%—
Earnings growth12.1%29.8%-15.7%-13.7%73.1%16.7%—
Current ratio2.23x2.80x2.68x2.36x1.97x3.55x—
Debt to equity—0.03x0.03x0.10x0.13x0.14x0.27x
Equity ratio70.5%74.2%73.6%64.4%56.4%67.8%—
Interest coverage131.03x33.29x16.15x23.81x20.05x12.58x—
R&D as a share of sales1.1%1.4%4.1%3.6%3.9%3.2%—
Buybacks as a share of market value13.1%-24.1%14.0%-30.1%19.4%-45.4%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue8.1%16.6%18.8%
Operating income4.6%11.4%25.1%
Net income7.0%12.9%27.5%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin7.0%8.1%9.2%9.2%
Operating margin6.2%6.3%6.8%6.6%
Net margin5.5%5.5%5.9%5.5%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings9.59.99.815.317.712.28.011.118.321.5
Price to sales0.50.50.50.91.30.80.50.40.60.8

Dividends and splits

Per share, in the currency the company pays

Paid for 14 years. Last went ex-dividend on 12 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.2150.2190.180.1660.280.1430.0710.143
  • 7-for-5 split · 11 May 2022

Sources and methodology

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

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