Fujian Tianma Science and Technology Group Co 603668.SS · CNY
Consumer Staples · Shanghai · 🇨🇳 China
6.45
-1.38%
Close of 9 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥6.00bn
FY2016FY2025
Net income
−CN¥179.4m
FY2016FY2025
Free cash flow
−CN¥155.1m
FY2016FY2025
Shareholders' equity
CN¥2.11bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥6.00bn | CN¥5.85bn | CN¥7.00bn | CN¥7.01bn | CN¥5.42bn | CN¥3.64bn | CN¥2.43bn | CN¥1.71bn | CN¥1.14bn | CN¥843.7m |
| Gross profit | CN¥438.3m | CN¥628.3m | CN¥507.2m | CN¥670.9m | CN¥552.2m | CN¥405.3m | CN¥309.0m | CN¥275.8m | CN¥229.6m | CN¥186.5m |
| Research and development | CN¥100.5m | CN¥114.2m | CN¥129.5m | CN¥126.1m | CN¥99.6m | CN¥85.7m | CN¥67.6m | CN¥55.9m | CN¥37.1m | CN¥32.3m |
| Operating income | CN¥101.7m | CN¥58.3m | −CN¥152.1m | CN¥195.6m | CN¥161.3m | CN¥127.0m | CN¥85.6m | CN¥89.7m | CN¥103.5m | CN¥84.1m |
| Net income | −CN¥179.4m | CN¥26.0m | −CN¥187.6m | CN¥130.3m | CN¥83.9m | CN¥68.9m | CN¥56.9m | CN¥76.8m | CN¥90.9m | CN¥80.3m |
| Diluted earnings per share | -0.36 | 0.05 | -0.41 | 0.30 | 0.23 | 0.20 | 0.14 | 0.27 | 0.30 | 0.29 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥9.79bn | CN¥9.02bn | CN¥9.08bn | CN¥7.62bn | CN¥5.14bn | CN¥3.30bn | CN¥2.73bn | CN¥2.13bn | CN¥1.66bn | CN¥983.8m |
| Cash and short-term investments | — | CN¥542.9m | CN¥796.3m | CN¥522.4m | CN¥617.1m | CN¥560.9m | CN¥424.3m | CN¥551.1m | CN¥496.9m | CN¥141.9m |
| Total liabilities | CN¥7.11bn | CN¥6.19bn | CN¥6.43bn | CN¥5.20bn | CN¥2.92bn | CN¥1.80bn | CN¥1.33bn | CN¥1.20bn | CN¥833.5m | CN¥525.0m |
| Debt | CN¥505.9m | CN¥2.77bn | CN¥3.11bn | CN¥3.07bn | CN¥1.47bn | CN¥639.6m | CN¥176.8m | CN¥397.8m | CN¥272.0m | CN¥140.1m |
| Shareholders' equity | CN¥2.11bn | CN¥2.24bn | CN¥2.21bn | CN¥2.04bn | CN¥1.85bn | CN¥1.22bn | CN¥1.15bn | CN¥933.2m | CN¥821.3m | CN¥455.3m |
| Shares outstanding | 503m | 502m | 457m | 436m | 369m | 348m | 397m | 285m | 300m | 277m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥100.8m | CN¥483.3m | CN¥70.7m | CN¥36.1m | CN¥229.1m | CN¥406.8m | CN¥745.6m | CN¥244.0m | CN¥90.9m | CN¥32.3m |
| Capital spending | −CN¥256.0m | −CN¥478.5m | −CN¥672.2m | −CN¥1.16bn | −CN¥672.3m | −CN¥321.6m | −CN¥180.7m | −CN¥91.3m | −CN¥117.9m | −CN¥41.4m |
| Free cash flow | −CN¥155.1m | CN¥4.8m | −CN¥601.5m | −CN¥1.12bn | −CN¥443.3m | CN¥85.1m | CN¥564.9m | CN¥152.7m | −CN¥27.0m | −CN¥9.1m |
| Dividends paid | −CN¥126.7m | −CN¥146.9m | −CN¥129.2m | −CN¥17.2m | −CN¥61.6m | −CN¥27.4m | −CN¥16.6m | −CN¥38.9m | −CN¥27.6m | −CN¥24.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.58bn | CN¥1.55bn | CN¥1.50bn | CN¥1.52bn | CN¥1.48bn | CN¥1.50bn | CN¥1.36bn | CN¥1.49bn |
| Gross profit | CN¥128.6m | CN¥130.8m | −CN¥23.7m | CN¥137.1m | CN¥184.1m | CN¥135.0m | CN¥118.2m | CN¥164.1m |
| Operating income | CN¥56.7m | CN¥66.7m | −CN¥131.2m | CN¥49.5m | CN¥46.4m | CN¥18.4m | −CN¥44.5m | CN¥23.8m |
| Net income | CN¥5.6m | CN¥6.7m | −CN¥250.2m | CN¥10.6m | CN¥42.9m | CN¥17.3m | −CN¥43.4m | CN¥13.3m |
| Diluted earnings per share | 0.01 | 0.01 | -0.50 | 0.02 | 0.09 | 0.03 | -0.09 | 0.03 |
| Cash from operations | — | — | — | −CN¥13.0m | CN¥275.0m | −CN¥253.0m | — | −CN¥22.0m |
| Capital spending | −CN¥94.0m | −CN¥20.0m | −CN¥34.0m | −CN¥36.0m | −CN¥72.0m | −CN¥112.0m | −CN¥164.0m | −CN¥105.0m |
| Free cash flow | — | — | — | −CN¥49.0m | CN¥203.0m | −CN¥365.0m | — | −CN¥127.0m |
| Total assets | CN¥9.64bn | CN¥9.57bn | CN¥9.79bn | CN¥9.52bn | CN¥9.44bn | CN¥9.42bn | CN¥9.02bn | CN¥8.91bn |
| Cash and short-term investments | — | — | — | CN¥544.2m | CN¥550.7m | CN¥525.3m | CN¥542.9m | CN¥544.7m |
| Debt | CN¥520.0m | CN¥616.7m | CN¥505.9m | CN¥4.39bn | CN¥3.10bn | CN¥2.98bn | CN¥2.57bn | CN¥2.76bn |
| Shareholders' equity | CN¥2.12bn | CN¥2.12bn | CN¥2.11bn | CN¥2.32bn | CN¥2.30bn | CN¥2.25bn | CN¥2.24bn | CN¥2.26bn |
Financial ratios
Data as of 10 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 12.8% | 10.7% | 7.2% | 9.6% | 10.2% | 11.1% |
| Operating margin | -0.2% | 3.8% | 0.2% | 4.1% | 3.9% | 4.1% |
| Net margin | -3.0% | 0.4% | -2.7% | 1.9% | 1.5% | 1.9% |
| Return on equity | -8.5% | 1.2% | -8.5% | 6.4% | 4.5% | 5.7% |
| Return on assets | -1.8% | 0.3% | -2.1% | 1.7% | 1.6% | 2.1% |
| Free cash flow yield | 6.8% | 18.3% | 15.6% | 26.2% | 23.4% | 20.0% |
| Revenue growth | 2.5% | -16.3% | -0.1% | 29.3% | 48.9% | 49.9% |
| Earnings growth | -789.2% | -113.9% | -243.9% | 55.3% | 21.7% | 21.3% |
| Current ratio | 0.89x | 0.84x | 0.90x | 0.88x | 1.14x | 1.18x |
| Debt to equity | 0.24x | 1.15x | 1.24x | 1.16x | 0.67x | 0.32x |
| Equity ratio | 21.5% | 24.8% | 24.4% | 26.7% | 36.0% | 36.9% |
| Interest coverage | -0.08x | 1.23x | 0.09x | 2.98x | 4.30x | 6.22x |
| R&D as a share of sales | 1.7% | 2.0% | 1.9% | 1.8% | 1.8% | 2.4% |
| Buybacks as a share of market value | -0.2% | -10.0% | -4.7% | -18.3% | -5.9% | 12.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.0% | 10.5% | 22.2% |
| Operating income | -19.6% | -4.4% | 4.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 9.0% | 8.7% | 9.2% | 10.4% |
| Operating margin | 1.3% | 0.8% | 1.4% | 2.2% |
| Net margin | -1.3% | -0.8% | -0.2% | 0.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -46.7 | 245.8 | -40.6 | 54.5 | 50.1 | 35.9 | 52.4 | 24.5 | 35.2 |
| Price to sales | 1.4 | 1.1 | 1.1 | 1.0 | 0.8 | 0.7 | 1.2 | 1.1 | 2.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 24 Oct 2024.
| FY2024 | FY2023 | FY2022 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.04 | 0.027 | 0.036 | 0.046 | 0.059 | 0.052 |
- 11-for-10 split · 13 Jun 2024
- 7-for-5 split · 18 May 2017
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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