GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
S

Suzhou Mingzhi Technology Co 688355.SS · CNY

Materials · Shanghai · 🇨🇳 China

Compare

15.70

+0.58%

Close of 9 Nov 2026, in CNY

Search any instrument

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¥530.5m

FY2017FY2025

Net income

CN¥79.7m

FY2017FY2025

Free cash flow

CN¥219.1m

FY2017FY2025

Shareholders' equity

CN¥1.10bn

FY2017FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
RevenueCN¥530.5mCN¥631.5mCN¥533.5mCN¥612.7mCN¥713.8mCN¥612.5mCN¥590.0mCN¥470.6mCN¥363.2m
Research and developmentCN¥74.8mCN¥61.2mCN¥63.8mCN¥54.4mCN¥32.1mCN¥26.6mCN¥25.0mCN¥27.4mCN¥17.6m
Operating incomeCN¥82.3mCN¥70.1mCN¥13.7mCN¥34.4mCN¥141.7mCN¥140.4mCN¥88.4mCN¥37.3mCN¥67.9m
Net incomeCN¥79.7mCN¥66.3mCN¥14.7mCN¥37.0mCN¥123.4mCN¥117.7mCN¥74.1mCN¥28.4mCN¥58.1m
Diluted earnings per share0.650.540.120.241.071.280.710.230.47

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assetsCN¥1.40bnCN¥1.32bnCN¥1.39bnCN¥1.46bnCN¥1.41bnCN¥783.6mCN¥742.8mCN¥675.3mCN¥569.2m
Cash and short-term investments—CN¥551.1mCN¥579.0mCN¥663.2mCN¥732.4mCN¥175.8mCN¥145.7mCN¥67.9mCN¥59.9m
Total liabilitiesCN¥297.4mCN¥239.8mCN¥326.9mCN¥392.6mCN¥331.2mCN¥329.5mCN¥407.5mCN¥399.9mCN¥307.5m
Debt—CN¥38.2mCN¥73.3mCN¥157.2mCN¥55.1mCN¥93.8mCN¥141.1mCN¥35.9mCN¥29.0m
Shareholders' equityCN¥1.10bnCN¥1.08bnCN¥1.06bnCN¥1.07bnCN¥1.07bnCN¥454.1mCN¥335.4mCN¥275.5mCN¥261.7m
Shares outstanding123m122m121m157m115m92m105m123m123m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operationsCN¥231.8mCN¥104.5mCN¥170.1m−CN¥2.0mCN¥142.9mCN¥144.3mCN¥65.7mCN¥70.8mCN¥37.4m
Capital spending−CN¥12.7m−CN¥19.3m−CN¥147.8m−CN¥124.5m−CN¥46.4m−CN¥61.7m−CN¥74.0m−CN¥36.2m−CN¥17.2m
Free cash flowCN¥219.1mCN¥85.3mCN¥22.3m−CN¥126.5mCN¥96.5mCN¥82.6m−CN¥8.3mCN¥34.5mCN¥20.3m
Dividends paid−CN¥57.1m−CN¥56.8m−CN¥9.0m−CN¥49.3m−CN¥1.5m−CN¥3.3m−CN¥43.3m−CN¥51.6m−CN¥1.3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥91.6mCN¥119.9mCN¥160.7mCN¥117.7mCN¥134.8mCN¥117.2mCN¥196.4mCN¥139.4m
Operating incomeCN¥6.2mCN¥2.1mCN¥46.7mCN¥990,077CN¥33.6mCN¥13.7mCN¥14.3mCN¥8.4m
Net incomeCN¥13.2mCN¥3.2mCN¥35.6mCN¥545,045CN¥30.4mCN¥13.2mCN¥13.4mCN¥10.2m
Diluted earnings per share0.110.030.290.000.250.110.110.08
Cash from operations———CN¥138.0mCN¥45.0mCN¥20.0m—CN¥58.0m
Capital spending—−CN¥3.0m−CN¥7.0m−CN¥1.0m−CN¥2.0m−CN¥1.0m—−CN¥15.0m
Free cash flow———CN¥137.0mCN¥43.0mCN¥19.0m—CN¥43.0m
Total assetsCN¥1.49bnCN¥1.43bnCN¥1.40bnCN¥1.39bnCN¥1.27bnCN¥1.33bnCN¥1.32bnCN¥1.33bn
Cash and short-term investments———CN¥656.3mCN¥518.9mCN¥566.7mCN¥551.1mCN¥545.2m
Debt———CN¥103.7mCN¥79.7mCN¥29.3mCN¥38.2mCN¥48.1m
Shareholders' equityCN¥1.06bnCN¥1.11bnCN¥1.10bnCN¥1.07bnCN¥1.06bnCN¥1.10bnCN¥1.08bnCN¥1.06bn

Financial ratios

Data as of 27 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin15.7%11.3%2.6%5.9%20.0%23.2%—
Net margin15.0%10.5%2.7%6.0%17.3%19.2%—
Return on equity7.2%6.1%1.4%3.5%11.5%25.9%—
Return on assets5.7%5.0%1.1%2.5%8.8%15.0%—
Free cash flow yield13.6%6.9%17.9%5.3%11.2%15.3%—
Revenue growth-16.0%18.4%-12.9%-14.2%16.5%3.8%—
Earnings growth20.2%352.4%-60.4%-70.0%4.8%58.8%—
Current ratio2.09x4.06x3.10x3.01x3.63x1.86x—
Debt to equity—0.04x0.07x0.14x0.03x0.21x0.42x
Equity ratio78.8%81.9%76.4%73.2%76.4%57.9%—
Interest coverage154.44x35.67x4.22x9.64x61.25x44.64x—
R&D as a share of sales14.1%9.7%12.0%8.9%4.5%4.3%—
Buybacks as a share of market value-0.5%-0.8%22.6%-36.2%-24.9%11.9%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-4.7%-2.8%—
Operating income33.7%-10.1%—
Net income29.1%-7.5%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021
Price to earnings27.430.9164.6143.631.2
Price to sales4.13.24.58.75.4

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 26 Jun 2026.

FY2026FY2025FY2024FY2023FY2022
Paid in the year0.500.450.450.050.401

Sources and methodology

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

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.