S
Shanghai W-Ibeda High Tech Group Co 688071.SS · CNY
Information Technology · Shanghai · 🇨🇳 China
46.43
+0.74%
Close of 9 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥516.6m
FY2017FY2025
Net income
−CN¥57.5m
FY2017FY2025
Free cash flow
−CN¥36.8m
FY2017FY2025
Shareholders' equity
CN¥1.01bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥516.6m | CN¥423.4m | CN¥351.8m | CN¥336.8m | CN¥320.7m | CN¥301.9m | CN¥295.9m | CN¥204.5m | CN¥99.2m |
| Research and development | CN¥46.3m | CN¥49.9m | CN¥42.4m | CN¥31.9m | CN¥26.4m | CN¥23.4m | CN¥19.4m | CN¥15.5m | CN¥8.7m |
| Operating income | −CN¥87.9m | −CN¥23.5m | −CN¥23.6m | CN¥38.2m | CN¥77.3m | CN¥49.6m | CN¥60.9m | CN¥8.7m | CN¥5.4m |
| Net income | −CN¥57.5m | −CN¥46.7m | −CN¥16.0m | CN¥36.8m | CN¥58.0m | CN¥41.9m | CN¥38.7m | CN¥8.7m | CN¥3.4m |
| Diluted earnings per share | -0.66 | -0.53 | -0.18 | 0.54 | 0.80 | 0.76 | 0.44 | 0.10 | 0.04 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥2.34bn | CN¥2.19bn | CN¥2.11bn | CN¥1.30bn | CN¥969.6m | CN¥587.4m | CN¥488.4m | CN¥423.3m | CN¥372.6m |
| Cash and short-term investments | — | CN¥95.0m | CN¥176.2m | CN¥73.4m | CN¥136.0m | CN¥42.8m | CN¥10.1m | CN¥5.0m | CN¥5.1m |
| Total liabilities | CN¥1.31bn | CN¥1.20bn | CN¥1.07bn | CN¥793.6m | CN¥503.1m | CN¥374.0m | CN¥319.9m | CN¥375.4m | CN¥337.1m |
| Debt | CN¥222.5m | CN¥790.8m | CN¥856.1m | CN¥596.8m | CN¥347.8m | CN¥206.9m | CN¥153.7m | CN¥95.2m | CN¥89.6m |
| Shareholders' equity | CN¥1.01bn | CN¥982.8m | CN¥1.04bn | CN¥502.7m | CN¥464.0m | CN¥212.1m | CN¥170.1m | CN¥51.6m | CN¥40.2m |
| Shares outstanding | 87m | 88m | 88m | 68m | 72m | 55m | 87m | 87m | 87m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥34.3m | CN¥46.4m | −CN¥25.3m | CN¥65.3m | −CN¥52.7m | CN¥62.6m | −CN¥17.0m | CN¥10.6m | −CN¥44.1m |
| Capital spending | −CN¥71.0m | −CN¥162.2m | −CN¥565.3m | −CN¥242.2m | −CN¥144.1m | −CN¥50.5m | −CN¥39.7m | −CN¥36.4m | −CN¥9.8m |
| Free cash flow | −CN¥36.8m | −CN¥115.9m | −CN¥590.6m | −CN¥176.8m | −CN¥196.8m | CN¥12.1m | −CN¥56.8m | −CN¥25.9m | −CN¥53.9m |
| Dividends paid | −CN¥28.5m | −CN¥29.8m | −CN¥20.9m | −CN¥15.4m | −CN¥11.9m | −CN¥8.9m | −CN¥8.8m | −CN¥5.0m | −CN¥4.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥160.1m | CN¥156.5m | CN¥130.1m | CN¥121.5m | CN¥123.5m | CN¥141.5m | CN¥126.8m | CN¥121.2m |
| Operating income | CN¥19.3m | CN¥14.1m | −CN¥41.9m | −CN¥32.6m | −CN¥6.4m | CN¥7.6m | −CN¥19.0m | CN¥1.2m |
| Net income | CN¥6.0m | CN¥1.4m | −CN¥28.2m | −CN¥23.8m | −CN¥8.4m | CN¥3.0m | −CN¥17.4m | CN¥2.3m |
| Diluted earnings per share | 0.07 | 0.02 | -0.32 | -0.27 | -0.10 | 0.03 | -0.20 | 0.03 |
| Cash from operations | — | — | — | CN¥16.0m | −CN¥15.0m | −CN¥31.0m | — | CN¥17.0m |
| Capital spending | — | −CN¥32.0m | — | −CN¥29.0m | −CN¥11.0m | −CN¥37.0m | −CN¥46.0m | −CN¥5.0m |
| Free cash flow | — | — | — | −CN¥13.0m | −CN¥26.0m | −CN¥68.0m | — | CN¥12.0m |
| Total assets | CN¥2.43bn | CN¥2.40bn | CN¥2.34bn | CN¥2.30bn | CN¥2.28bn | CN¥2.28bn | CN¥2.19bn | CN¥2.21bn |
| Cash and short-term investments | — | — | — | CN¥61.5m | CN¥60.0m | CN¥96.1m | CN¥95.0m | CN¥104.0m |
| Debt | CN¥265.2m | CN¥253.8m | CN¥222.5m | CN¥747.7m | CN¥762.8m | CN¥710.2m | CN¥716.3m | CN¥715.7m |
| Shareholders' equity | CN¥1.02bn | CN¥1.01bn | CN¥1.01bn | CN¥1.06bn | CN¥1.08bn | CN¥1.08bn | CN¥982.8m | CN¥1.00bn |
Financial ratios
Data as of 20 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -17.0% | -5.5% | 3.1% | 18.7% | 24.5% | 20.9% |
| Net margin | -11.1% | -11.0% | -4.6% | 10.9% | 18.1% | 13.9% |
| Return on equity | -5.7% | -4.8% | -1.5% | 7.3% | 12.5% | 19.7% |
| Return on assets | -2.5% | -2.1% | -0.8% | 2.8% | 6.0% | 7.1% |
| Free cash flow yield | 3.0% | 5.9% | 15.3% | 11.3% | 3.2% | 5.2% |
| Revenue growth | 22.0% | 20.4% | 4.5% | 5.0% | 6.2% | 2.0% |
| Earnings growth | 23.1% | 191.9% | -143.5% | -36.6% | 38.5% | 8.1% |
| Current ratio | 0.87x | 0.84x | 1.08x | 0.88x | 1.21x | 0.87x |
| Debt to equity | 0.22x | 0.73x | 0.61x | 0.89x | 0.73x | 0.98x |
| Equity ratio | 43.3% | 44.9% | 49.2% | 38.7% | 47.9% | 36.1% |
| Interest coverage | -2.46x | -0.56x | 0.31x | 2.54x | 4.65x | 4.60x |
| R&D as a share of sales | 9.0% | 11.8% | 12.0% | 9.5% | 8.2% | 7.7% |
| Buybacks as a share of market value | 0.9% | 0.3% | -29.9% | 5.7% | -31.7% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 15.3% | 11.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -50.4 | -50.8 | -268.7 | 104.4 | 81.8 |
| Price to sales | 5.6 | 5.6 | 12.2 | 11.4 | 14.8 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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