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Wave Cyber (Shanghai) Co 688718.SS · CNY

Industrials · Shanghai · 🇨🇳 China

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12.41

-1.04%

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¥420.0m

FY2017FY2025

Net income

CN¥46.1m

FY2017FY2025

Free cash flow

CN¥50.0m

FY2017FY2025

Shareholders' equity

CN¥797.1m

FY2017FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
RevenueCN¥420.0mCN¥375.2mCN¥384.2mCN¥308.0mCN¥379.2mCN¥313.6mCN¥360.6mCN¥327.9mCN¥299.7m
Research and developmentCN¥29.9mCN¥29.1mCN¥27.4mCN¥21.3mCN¥23.8mCN¥21.3mCN¥23.6mCN¥20.7mCN¥17.7m
Operating incomeCN¥51.4mCN¥38.7mCN¥46.6mCN¥31.9mCN¥62.2mCN¥53.0mCN¥75.2mCN¥62.2mCN¥54.4m
Net incomeCN¥46.1mCN¥38.6mCN¥45.9mCN¥31.4mCN¥50.5mCN¥46.8mCN¥66.3mCN¥54.4mCN¥47.4m
Diluted earnings per share0.260.210.250.180.300.380.370.310.27

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assetsCN¥887.8mCN¥911.5mCN¥873.2mCN¥848.8mCN¥780.5mCN¥564.7mCN¥544.3mCN¥424.5mCN¥371.9m
Cash and short-term investments—CN¥56.0mCN¥80.6mCN¥119.5mCN¥135.3mCN¥43.1mCN¥22.6mCN¥40.5mCN¥50.4m
Total liabilitiesCN¥88.9mCN¥138.9mCN¥107.5mCN¥131.6mCN¥96.2mCN¥133.3mCN¥115.7mCN¥61.6mCN¥65.5m
Debt—CN¥15.6mCN¥775,471CN¥19.8mCN¥15.0mCN¥35.4mCN¥35.0mCN¥10.0mCN¥34.0m
Shareholders' equityCN¥797.1mCN¥772.1mCN¥763.5mCN¥717.2mCN¥684.3mCN¥431.4mCN¥428.7mCN¥362.9mCN¥306.4m
Shares outstanding177m182m185m178m167m124m177m177m177m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operationsCN¥54.9mCN¥26.7mCN¥22.6mCN¥37.1mCN¥40.8mCN¥91.1mCN¥65.6mCN¥64.0mCN¥65.2m
Capital spending−CN¥4.8m−CN¥17.2m−CN¥49.9m−CN¥62.3m−CN¥133.2m−CN¥84.3m−CN¥70.2m−CN¥10.0m−CN¥20.5m
Free cash flowCN¥50.0mCN¥9.5m−CN¥27.2m−CN¥25.2m−CN¥92.4mCN¥6.8m−CN¥4.7mCN¥54.0mCN¥44.8m
Dividends paid−CN¥20.0m−CN¥19.9m−CN¥170,444−CN¥166,936−CN¥1.3m−CN¥45.7m−CN¥1.2m−CN¥993,864−CN¥1.8m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥111.1mCN¥90.8mCN¥139.2mCN¥95.7mCN¥97.3mCN¥87.8mCN¥92.8mCN¥97.9m
Operating incomeCN¥16.5mCN¥11.2mCN¥23.9mCN¥12.4mCN¥10.5mCN¥4.6mCN¥10.2mCN¥10.3m
Net incomeCN¥12.4mCN¥10.0mCN¥19.1mCN¥12.0mCN¥10.3mCN¥4.7mCN¥8.8mCN¥11.2m
Diluted earnings per share0.070.060.110.070.060.030.050.06
Cash from operations———CN¥21.0mCN¥19.0mCN¥10.0mCN¥8.0mCN¥10.0m
Capital spending−CN¥4.0m−CN¥12.0m—−CN¥3.0m−CN¥1.0m−CN¥7.0m−CN¥6.0m−CN¥1.0m
Free cash flow———CN¥18.0mCN¥18.0mCN¥3.0mCN¥2.0mCN¥9.0m
Total assetsCN¥900.8mCN¥899.4mCN¥887.8mCN¥920.0mCN¥904.2mCN¥891.1mCN¥911.5mCN¥865.0m
Cash and short-term investments———CN¥114.9mCN¥98.4mCN¥50.2mCN¥56.0mCN¥59.7m
Debt———CN¥284,492CN¥7.3mCN¥50,585CN¥15.6mCN¥315,077
Shareholders' equityCN¥818.8mCN¥806.7mCN¥797.1mCN¥778.4mCN¥787.0mCN¥777.2mCN¥772.1mCN¥763.0m

Financial ratios

Data as of 27 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin12.2%10.4%12.2%10.5%15.6%17.5%—
Net margin11.0%10.3%12.0%10.2%13.3%14.9%—
Return on equity5.8%5.0%6.0%4.4%7.4%10.8%—
Return on assets5.2%4.2%5.3%3.7%6.5%8.3%—
Free cash flow yield2.9%2.1%3.4%4.8%8.9%12.2%—
Revenue growth11.9%-2.3%24.7%-18.8%20.9%-13.0%—
Earnings growth19.5%-16.0%46.4%-37.8%8.0%-29.5%—
Current ratio4.05x2.41x3.14x2.83x4.09x1.84x—
Debt to equity—0.02x0.00x0.03x0.02x0.08x0.08x
Equity ratio89.8%84.7%87.4%84.5%87.7%76.4%—
Interest coverage6364.28x140.38x162.34x56.15x37.50x28.56x—
R&D as a share of sales7.1%7.8%7.1%6.9%6.3%6.8%—
Buybacks as a share of market value2.7%1.7%-4.3%-6.7%-35.0%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue10.9%6.0%—
Operating income17.2%-0.6%—
Net income13.7%-0.3%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021
Price to earnings50.247.360.3112.994.0
Price to sales5.54.97.211.512.5

Dividends and splits

Per share, in the currency the company pays

Paid for 2 years. Last went ex-dividend on 23 Oct 2025.

FY2025FY2024
Paid in the year0.1160.115

Sources and methodology

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

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