688560.SH
明冠新材
SSE · Basic Materials · Chemicals · CN
CNY 11.93
−1.40%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 742.6M | 719.6M | 863.9M | 1.4B | 1.7B |
| Cost of Revenue | 763.3M | 749.1M | 839.1M | 1.3B | 1.4B |
| Gross Profit | (20.7M) | (29.5M) | 24.8M | 90.6M | 333.2M |
| Operating Expenses | |||||
| R&D Expense | 33.5M | 34.0M | 40.9M | 55.1M | 68.3M |
| SG&A Expense | — | — | — | — | — |
| General & Admin Expense | 52.1M | 51.0M | 52.4M | 60.6M | 55.2M |
| Selling & Marketing Expense | 15.4M | 15.4M | 28.0M | 27.1M | 32.5M |
| Other Expenses | — | — | — | — | — |
| Total Operating Expenses | 74.9M | 64.9M | 84.5M | 103.2M | 155.8M |
| Cost and Expenses | 838.2M | 814.0M | 923.6M | 1.4B | 1.6B |
| Operating Income (EBIT) | (133.9M) | (142.0M) | (63.4M) | (16.1M) | 144.4M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | — | — | — | — | — |
| Net Interest Income | — | — | — | — | — |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | (139.7M) | (147.7M) | (62.8M) | (18.6M) | 141.2M |
| Income Tax Expense | (5.2M) | (6.1M) | 4.2M | 5.8M | 13.4M |
| Bottom Line | |||||
| Net Income | (134.5M) | (141.6M) | (67.1M) | (23.9M) | 104.9M |
| Earnings from Cont. Ops | (134.5M) | (141.6M) | (67.1M) | (24.4M) | 127.8M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (134.5M) | (141.6M) | (67.1M) | (23.9M) | 104.9M |
| Per Share | |||||
| Basic EPS | (CN¥0.70) | (CN¥0.75) | (CN¥0.35) | (CN¥0.12) | CN¥0.63 |
| Diluted EPS | (CN¥0.70) | (CN¥0.75) | (CN¥0.35) | (CN¥0.12) | CN¥0.63 |
| Revenue Per Share | CN¥4.15 | CN¥3.81 | CN¥4.51 | CN¥7.02 | CN¥10.46 |
| Shares | |||||
| Basic Shares Outstanding | 178.8M | 188.8M | 191.6M | 199.0M | 166.5M |
| Diluted Shares Outstanding | 178.8M | 188.8M | 191.6M | 199.0M | 166.5M |
| Profitability Metrics | |||||
| EBITDA | — | (63.3M) | 10.0M | 44.7M | 192.6M |
| D&A | — | 78.7M | 73.5M | 60.8M | 48.3M |
| EBIT | — | — | — | — | — |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026