China Tungsten And Hightech Materials revenue and financials

000657 · SZSE · CNY

¥52.74Change from previous close: −1.77%Absolute change: −¥0.95

Close · September 30, 2026

In the fiscal year ended December 2025, China Tungsten And Hightech Materials reported revenue of ¥17.64B (+19.34% year over year). Net income was ¥1.28B, a net margin of 7.3%.

Annual revenue · 2025: ¥17.64B
  1. ¥13.08B2022
  2. ¥13.68B2023
  3. ¥14.78B2024
  4. ¥17.64B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+19.34%
2025 vs 2024
Net income growth
+29.20%
2025 vs 2024
Net margin
7.3%
2024: 6.7%

Financial data

Amounts in millions of CNY; per-share values in CNY; shares in millions.

Balance sheet · Annual
Item2025202420232022
Total assets21,44417,70515,71511,697
Current assets13,26310,3029,0087,096
Cash and equivalents2,0341,5361,205761
Short-term investments1.50.11.40.7
Inventory4,8913,7363,5322,925
Net property, plant and equipment6,1955,7655,1883,779
Goodwill—0.00.0—
Other intangible assets1,305970759486
Long-term investments87.288.4194—
Current liabilities8,8266,7295,4003,961
Accounts payable2,4291,8041,564910
Long-term debt9021,3351,3861,130
Total debt3,9783,7803,1912,603
Total liabilities10,8889,1667,8185,575
Total equity (incl. minority)10,5568,5397,8966,123
Retained earnings3,0772,2521,606823
Minority interest834743767735