300307.SHE Ningbo Cixing
- Market cap
- CNY 6.81B
- P/E
- 35.5x
- P/B
- 2.07x
- ROE
- 8.2%
- Dividend yield
- 1.18%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 300307.SHE undervalued?
Graham number300307.SHE trades 80.8% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Ningbo Cixing fundamental analysis
No fundamental analysis for Ningbo Cixing yet.
Ningbo Cixing stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Ningbo Cixing
Ningbo Cixing Co.,Ltd. engages in the research, development, production, and sale of knitting machinery in China and internationally. It operates through Flat Knitting Machine Business, Mobile Internet Business, Automation Equipment and Project Integration Business, and Other Businesses segments. The company offers intelligent knitting machinery and equipment; flat knitting machines, steiger, circular machines, and other smart knitting equipment; and computerized shoe machin…
Full company profileNingbo Cixing financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Ningbo Cixing annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 1.10B | 1.40B | 1.69B | 1.52B | 1.23B | 2.13B | 1.90B | 2.03B | 2.22B | 1.95B | 2.74B |
| Gross Profit | 408M | 524M | 560M | 281M | 125M | 535M | 511M | 552M | 615M | 605M | 879M |
| Operating Income | 96.9M | 251M | 140M | -866M | -546M | 70.8M | 90.4M | 117M | 319M | 186M | 425M |
| EBITDA | 161M | 314M | 231M | -774M | -461M | 161M | 203M | 209M | 395M | 211M | 326M |
| Net Income | 124M | 239M | 138M | -874M | -527M | 88.2M | 91.3M | 114M | 284M | 97.4M | 280M |
| EPS | 0.15 | 0.30 | 0.17 | -1.09 | -0.67 | 0.11 | 0.12 | 0.15 | 0.36 | 0.12 | 0.35 |
| Balance Sheet | |||||||||||
| Total Assets | 4.80B | 5.23B | 5.49B | 3.96B | 3.56B | 4.05B | 4.42B | 4.79B | 4.97B | 4.42B | 5.06B |
| Total Liabilities | 865M | 1.15B | 1.42B | 747M | 1.01B | 1.43B | 1.71B | 1.87B | 1.77B | 1.22B | 1.66B |
| Shareholders' Equity | 3.91B | 4.05B | 4.05B | 3.19B | 2.56B | 2.65B | 2.75B | 2.96B | 3.20B | 3.21B | 3.40B |
| Cash & Short-term Investments | 276M | 344M | 586M | 948M | 800M | 540M | 557M | 328M | 343M | 288M | 722M |
| Total Debt | 94.7M | 318M | 748M | 177M | 240M | 398M | 541M | 570M | 414M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 65.2M | 183M | -27.8M | 78.1M | 37.1M | -144M | -7.59M | 118M | 214M | 36.6M | - |
| Capital Expenditure | 133M | 181M | 167M | 273M | 186M | 48.8M | 78.3M | 31.3M | 87.2M | 79.6M | 255M |
| Free Cash Flow | -67.9M | 1.66M | -195M | -195M | -149M | -192M | -85.9M | 86.3M | 126M | -43.0M | 330M |
| Ratios | |||||||||||
| ROE | 3.2% | 5.9% | 3.4% | -27.4% | -20.6% | 3.3% | 3.3% | 3.9% | 8.9% | 3.0% | 8.2% |
| ROA | 2.6% | 4.6% | 2.5% | -22.1% | -14.8% | 2.2% | 2.1% | 2.4% | 5.7% | 2.2% | 5.5% |
| Net Profit Margin | 11.3% | 17.0% | 8.2% | -57.5% | -42.7% | 4.1% | 4.8% | 5.6% | 12.8% | 5.0% | 10.2% |
| Debt to Equity | 0.02x | 0.08x | 0.18x | 0.06x | 0.09x | 0.15x | 0.20x | 0.19x | 0.13x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Ningbo Cixing dividends
- Dividend yield
- 1.18%
- Forward dividend
- 0.02 CNY
- Payout ratio
- 82.4%
- Ex-dividend date
- May 11, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 80.3M | 0.10 | 82.4% |
| 2024 | CNY 81.6M | 0.10 | 28.7% |
| 2023 | CNY 6.74M | 0.01 | 5.9% |
| 2022 | CNY 12.1M | 0.02 | 13.3% |
| 2021 | CNY 5.86M | 0.01 | 6.6% |
| 2020 | CNY 9.00M | 0.01 | - |
| 2019 | CNY 16.0M | 0.02 | - |
| 2018 | CNY 176M | 0.22 | 127.9% |
| 2017 | CNY 85.4M | 0.11 | 35.8% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 20:10 on Sep 26, 2012.
Who owns Ningbo Cixing
- Insiders 41.61%
- Institutions 1.76%
- Public & others 56.64%
- Shares outstanding 801M
- Free float 508M
Ningbo Cixing company profile
- Company name
- Ningbo Cixing
- Ticker
- 300307.SHE
- ISIN
- CNE100001CT9
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Mar 29, 2012
- Sector
- Industrials
- Industry
- Machinery
- Employees
- 1,650
- Fiscal year end
- December
- Address
- No. 708, Binhai Fourth Road, Ningbo, China, 315336
- Phone
- 86 574 6393 2198
- Website
- ci-xing.com
About Ningbo Cixing
Ningbo Cixing Co.,Ltd. engages in the research, development, production, and sale of knitting machinery in China and internationally. It operates through Flat Knitting Machine Business, Mobile Internet Business, Automation Equipment and Project Integration Business, and Other Businesses segments. The company offers intelligent knitting machinery and equipment; flat knitting machines, steiger, circular machines, and other smart knitting equipment; and computerized shoe machines, automated shoe-making production lines, automatic ironing machines, and industrial robots. It also provides pre-sales, sales, after-sales, and technical support services; and mobile internet services, which include online reading and e-commerce promotion services. In addition, the company engages in the sale of textile machinery, textile machinery software, and textile machinery spare parts; personalized customization and design of textiles, apparel, and footwear based on the Internet of Things; and information technology activities. Ningbo Cixing Co.,Ltd. was founded in 1988 and is headquartered in Ningbo, China.
Ningbo Cixing management
6- Mr. Pingfan SunChairman & GM · born 1969
- Mr. Jinzhou ZouCFO, Deputy GM & Director · born 1978
- Mr. Lijun LiDeputy GM & Director · born 1974
- Mr. Chuanlong WangDeputy General Manager · born 1971
- Ms. Xue Lan YangDeputy GM, Board Secretary & Director · born 1986
- Yun Yan DongAccounting Supervisor