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NARI Technology Co., Ltd.

NARI Technology Co., Ltd.

600406.SS
NARI Technology Co., Ltd.CN flagShanghai Stock Exchange
23.45
CNY
-0.35
- -
188.34BMarket Cap
NARI Technology Co., Ltd.
600406.SS
(Shanghai Stock Exchange)

Recent

price

23.45

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.82
1.22
1.99
2.29
2.13
2.34
4.03
3.41
3.69
4.06
4.85
5.32
5.88
6.48
7.22
8.32
8.14
Revenue per Share
0.14
0.22
0.31
0.38
0.31
0.31
0.45
0.46
0.54
0.54
0.61
0.71
0.81
0.9
0.95
1.04
1.04
Basic EPS, GAAP
0.08
0.08
0.16
0.14
0.37
0.25
0.5
0.3
0.19
0.22
0.27
0.33
0.67
1.17
1.15
1.34
-0.26
Free Cash Flow per Basic Share
0.01
0.02
0.05
0.08
0.06
0.1
0.14
0.35
0.32
0.27
0.18
0.25
0.29
0.33
0.68
0.59
0.61
Dividend per Share
0.42
0.67
0.95
1.08
1.32
1.53
1.54
2.06
2.24
2.49
2.91
3.45
4.1
4.8
5
5.41
5.23
Book Value per Share
0.69
0.72
1.11
1.39
1.63
1.86
2.8
2.84
3.66
3.92
4.41
4.89
5.47
6.08
6.33
6.82
6.62
Tangible Book Value per Share
3,690
3,829
4,168
4,190
4,183
4,158
7,003
7,088
7,733
7,984
7,939
7,966
7,958
7,972
8,011
7,961
7,558
Basic Weighted Avg Shares
3,036
4,660
8,309
9,576
8,907
9,712
28,248
24,194
28,540
32,424
38,502
42,411
46,829
51,655
57,829
66,229
61,546
Sales/Revenue/Turnover
16.06
19.2
17.15
17.25
15.91
13.84
12.66
17.94
17.02
16.75
16.66
16.17
16.14
15.69
14.95
14.67
14.67
Operating Margin (%)
28
29
55
64
86
103
494
534
549
779
1,124
1,297
1,395
1,702
1,684
1,192
- -
Depreciation Expense
519
855
1,302
1,600
1,283
1,300
3,161
3,241
4,162
4,343
4,852
5,642
6,446
7,175
7,610
8,279
7,853
Net Income, GAAP
11.54
12.58
11.93
10.04
10.94
13.49
12.29
12.82
11.31
11.74
12.18
11.99
12.43
10.99
10.84
9.79
10.63
Effective Tax Rate (%)
17.08
18.34
15.68
16.71
14.41
13.38
11.19
13.39
14.58
13.39
12.6
13.3
13.77
13.89
13.16
12.5
12.76
Profit Margin (%)
2,068
2,287
4,011
5,118
5,935
6,738
12,079
11,000
18,752
18,286
19,791
21,233
25,492
32,247
36,063
40,585
34,713
Working Capital
3
3
3
4
3
3
3
13
160
128
1,211
1,223
119
76
34
30
57
LT Debt
2,630
2,945
4,858
6,129
7,219
8,159
20,573
21,143
29,381
32,653
36,392
40,542
45,358
50,466
52,837
56,459
52,151
Total Equity
24.78
27.81
30.31
26.01
19.19
16.2
22.48
18.71
17.26
15.22
16.06
15.59
15.44
15.18
15.1
15.87
15.99
Return on Invested Capital (%)
38.7
37.13
35.04
33.02
22.85
20.22
28.61
19.45
21.22
18.59
17.75
17.94
17.64
17.09
16.42
16.81
17.42
Return on Capital (%)
41.75
41.5
39.94
37.72
25.55
21.9
36.86
25.55
26.12
23.37
22.58
22.3
21.45
20.25
19.43
19.91
20.62
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
658
699
697
LT Borrowings
21
21
21
LT Finance Leases
13
32
36
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8,033
8,032
8,032
Market Capitalization
214,705
165,513
169,368

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
75,601
73,020
71,493
Cash, Cash Equivalents & STI
24,779
23,683
20,902
Accounts Receivable, Net
30,926
26,745
28,122
Inventories
11,334
13,954
14,216
Total Current Liabilities
39,538
35,526
36,780
Payables & Accruals
- -
- -
- -
ST Debt
658
699
697
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.26%
9.22%
6.86%
Free Cash Flow
42.69%
42.51%
15.39%
Net Income, GAAP
24.7%
11.34%
8.79%
Sales/Revenue/Turnover
28.42%
11.47%
14.53%
Total Cash Common Dividend
41%
32.79%
-13.95%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,751
12,416
12,199
25,104
57,829
2025
8,895
15,348
27,652
- -
66,229
2026
9,564
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
- -
- -
- -
0.95
2025
0.09
- -
- -
- -
1.04
2026
0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.68
2025
- -
- -
- -
- -
0.59
2026
- -
- -
- -
- -
- -
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Business
NARI Technology Co., Ltd., operating with its subsidiaries as a key part of the State Grid Corporation of China, provides sophisticated power intelligence solutions across domestic and international markets. The company specializes in integrated systems for intelligent power grids, offering advanced automation for generation, transmission, substations, and distribution, alongside smart electricity consumption technologies. Its extensive offerings also include solutions for renewable energy integration, comprehensive industrial control systems, and critical information and communication technology products. Founded in Nanjing, China, in 2001, NARI Technology is instrumental in advancing energy infrastructure and fostering sustainable power development.