Beijing Haitian Ruisheng Science Technology 688787.SS · CNY
Industrials · Shanghai · 🇨🇳 China
126.20
-2.31%
Close of 9 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥377.0m
FY2016FY2025
Net income
CN¥14.1m
FY2016FY2025
Free cash flow
−CN¥31.4m
FY2016FY2025
Shareholders' equity
CN¥741.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥377.0m | CN¥237.1m | CN¥170.0m | CN¥262.9m | CN¥206.5m | CN¥233.4m | CN¥237.6m | CN¥192.7m | CN¥119.1m | CN¥84.2m |
| Research and development | CN¥58.6m | CN¥63.4m | CN¥58.5m | CN¥94.3m | CN¥60.5m | CN¥43.5m | CN¥41.7m | CN¥27.3m | CN¥25.3m | CN¥21.7m |
| Operating income | CN¥15.1m | CN¥10.6m | −CN¥42.8m | CN¥21.5m | CN¥33.5m | CN¥90.5m | CN¥91.5m | CN¥72.0m | CN¥39.6m | CN¥13.0m |
| Net income | CN¥14.1m | CN¥11.3m | −CN¥30.4m | CN¥29.5m | CN¥31.6m | CN¥82.1m | CN¥81.6m | CN¥67.1m | CN¥34.1m | CN¥10.3m |
| Diluted earnings per share | 0.21 | 0.23 | -0.50 | 0.49 | 0.54 | 1.85 | 1.82 | 1.62 | 0.52 | 0.16 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥861.1m | CN¥808.5m | CN¥824.5m | CN¥876.9m | CN¥840.7m | CN¥477.4m | CN¥404.5m | CN¥212.3m | CN¥130.2m | CN¥57.6m |
| Cash and short-term investments | — | CN¥327.6m | CN¥402.0m | CN¥474.1m | CN¥695.7m | CN¥371.4m | CN¥319.3m | CN¥46.7m | CN¥13.0m | CN¥19.1m |
| Total liabilities | CN¥118.2m | CN¥65.2m | CN¥42.2m | CN¥47.4m | CN¥34.8m | CN¥39.4m | CN¥48.6m | CN¥46.2m | CN¥31.3m | CN¥18.1m |
| Debt | — | CN¥2.2m | CN¥7.8m | — | CN¥913,548 | CN¥5.2m | — | — | — | — |
| Shareholders' equity | CN¥741.7m | CN¥743.3m | CN¥782.3m | CN¥829.5m | CN¥805.9m | CN¥438.0m | CN¥356.0m | CN¥166.1m | CN¥98.9m | CN¥39.5m |
| Shares outstanding | 66m | 49m | 61m | 60m | 59m | 44m | 45m | 41m | 66m | 66m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.8m | CN¥28.7m | −CN¥31.0m | CN¥30.7m | −CN¥15.5m | CN¥51.2m | CN¥83.4m | CN¥64.3m | CN¥34.6m | CN¥17.1m |
| Capital spending | −CN¥33.2m | −CN¥31.4m | −CN¥25.9m | −CN¥257.2m | −CN¥8.4m | −CN¥1.8m | −CN¥3.1m | −CN¥26.3m | −CN¥2.0m | −CN¥930,554 |
| Free cash flow | −CN¥31.4m | −CN¥2.6m | −CN¥57.0m | −CN¥226.6m | −CN¥23.9m | CN¥49.4m | CN¥80.3m | CN¥38.0m | CN¥32.6m | CN¥16.1m |
| Dividends paid | −CN¥21.0m | — | −CN¥25.9m | −CN¥10.7m | — | — | −CN¥22.0m | — | −CN¥5.0m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥95.1m | CN¥96.8m | CN¥142.6m | CN¥77.6m | CN¥86.9m | CN¥69.8m | CN¥87.5m | CN¥57.1m |
| Operating income | CN¥4.4m | CN¥17.1m | CN¥13.4m | CN¥801,460 | CN¥2.1m | −CN¥956,726 | CN¥6.9m | CN¥4.5m |
| Net income | CN¥1.4m | CN¥8.4m | CN¥9.9m | CN¥375,111 | CN¥3.4m | CN¥371,625 | CN¥7.5m | CN¥3.4m |
| Diluted earnings per share | 0.02 | 0.13 | 0.15 | 0.01 | 0.05 | 0.01 | 0.15 | 0.07 |
| Cash from operations | — | — | — | CN¥13.0m | −CN¥17.0m | −CN¥15.0m | — | CN¥2.0m |
| Capital spending | −CN¥1.0m | −CN¥13.0m | −CN¥30.0m | — | — | −CN¥1.0m | −CN¥5.0m | −CN¥8.0m |
| Free cash flow | — | — | — | — | — | −CN¥16.0m | — | −CN¥6.0m |
| Total assets | CN¥916.3m | CN¥874.1m | CN¥861.1m | CN¥847.1m | CN¥816.8m | CN¥811.4m | CN¥808.5m | CN¥777.6m |
| Cash and short-term investments | — | — | — | CN¥292.9m | CN¥285.7m | CN¥323.9m | CN¥327.6m | CN¥352.9m |
| Debt | — | — | — | CN¥7.3m | CN¥3.0m | — | — | — |
| Shareholders' equity | CN¥730.8m | CN¥750.8m | CN¥741.7m | CN¥730.6m | CN¥728.9m | CN¥744.9m | CN¥743.3m | CN¥737.0m |
Financial ratios
Data as of 6 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 3.4% | 4.6% | -23.9% | 10.8% | 16.5% | 39.1% |
| Net margin | 3.7% | 4.8% | -17.9% | 11.2% | 15.3% | 35.2% |
| Return on equity | 1.9% | 1.5% | -3.9% | 3.6% | 3.9% | 18.7% |
| Return on assets | 1.6% | 1.4% | -3.7% | 3.4% | 3.8% | 17.2% |
| Free cash flow yield | 0.6% | 1.4% | -0.1% | 5.6% | -0.1% | 1.4% |
| Revenue growth | 59.0% | 39.5% | -35.3% | 27.3% | -11.5% | -1.8% |
| Earnings growth | 24.2% | -137.3% | -203.2% | -6.8% | -61.5% | 0.6% |
| Current ratio | 4.73x | 7.08x | 14.75x | 12.75x | 23.28x | 11.47x |
| Debt to equity | — | — | -0.00x | — | 0.00x | 0.01x |
| Equity ratio | 86.1% | 91.9% | 94.9% | 94.6% | 95.9% | 91.7% |
| Interest coverage | 49.11x | 26.97x | -192.08x | 1978.98x | 219.94x | 230.69x |
| R&D as a share of sales | 15.5% | 26.8% | 34.4% | 35.9% | 29.3% | 18.6% |
| Buybacks as a share of market value | -33.4% | 19.7% | -1.9% | -2.1% | -32.8% | 1.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 12.8% | 10.1% | — |
| Operating income | -11.1% | -30.1% | — |
| Net income | -21.8% | -29.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | — | 427.8 | -145.4 | 87.1 | 123.1 |
| Price to sales | 20.2 | 20.4 | 26.0 | 9.8 | 18.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 27 Jun 2025.
| FY2025 | FY2023 | FY2022 | |
|---|---|---|---|
| Paid in the year | 0.35 | 0.60 | 0.179 |
- 7-for-5 split · 12 Jun 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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