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    Industrial - Machinery
Yingkou Jinchen Machinery Co., Ltd.

Yingkou Jinchen Machinery Co., Ltd.

603396.SS
Yingkou Jinchen Machinery Co., Ltd.CN flagShanghai Stock Exchange
24.36
CNY
-0.78
- -
3.37BMarket Cap
Yingkou Jinchen Machinery Co., Ltd.
603396.SS
(Shanghai Stock Exchange)

Recent

price

24.36

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.04
2.48
2.5
3.69
5.38
6.8
7.14
8.17
10.02
14.56
16.87
19.28
18.66
20.26
15.37
Revenue per Share
0.51
0.49
0.43
0.81
0.82
0.91
0.8
0.57
0.78
0.55
0.56
0.77
0.47
0.4
0.31
Basic EPS, GAAP
-0.46
-0.21
-0.53
0.74
-0.17
-0.16
0.14
-0.88
-1.28
-1.27
-1.54
-1.51
-1.25
3.45
-0.71
Free Cash Flow per Basic Share
0.01
0.04
0.06
0.05
0.05
0.05
0.26
0.29
0.29
0.33
0.28
0.3
0.35
0.27
0.25
Dividend per Share
0.84
1.35
1.6
2.36
3.12
4.05
3.74
4.31
4.87
5.04
5.21
5.73
5.33
5.39
5.69
Book Value per Share
2.04
3.35
3.4
4.32
5.22
9.81
8.43
8.92
9.61
12.99
12.78
13.09
18.83
18.67
19.37
Tangible Book Value per Share
71
72
79
79
80
84
106
106
106
111
116
117
136
140
136
Basic Weighted Avg Shares
145
178
199
292
429
571
756
862
1,061
1,610
1,952
2,251
2,530
2,831
2,094
Sales/Revenue/Turnover
28.84
27.35
21.53
25.07
21.13
20.3
15.31
12.4
17.4
11.74
9.23
7.36
8.66
8.37
10.01
Operating Margin (%)
4
6
8
11
14
13
17
22
20
29
38
44
54
59
- -
Depreciation Expense
37
35
34
65
65
76
85
60
83
61
65
90
64
56
42
Net Income, GAAP
16.5
17.35
18.84
18.43
15.02
19.82
15.48
17.18
22.63
26.33
15.45
13
31.6
20.28
25.05
Effective Tax Rate (%)
25.21
19.86
17.29
22.1
15.26
13.34
11.21
6.98
7.78
3.78
3.32
3.99
2.52
1.97
2.01
Profit Margin (%)
82
205
180
204
276
599
672
716
749
1,138
1,041
1,006
2,001
1,964
1,962
Working Capital
32
54
- -
- -
- -
- -
- -
- -
12
14
39
115
125
54
53
LT Debt
149
246
282
353
423
832
902
950
1,026
1,447
1,492
1,577
2,603
2,658
2,688
Total Equity
- -
15.5
10.56
15.7
17.14
13.74
10.72
8.98
13.07
9.89
8.98
7.75
6.02
6.01
4.75
Return on Invested Capital (%)
- -
29.31
22.48
30.46
22.53
21.16
18.27
10
10.62
6.25
6.15
7.46
4.09
3.17
1.51
Return on Capital (%)
- -
45.21
30.66
41.11
30.05
25.92
23.05
14.14
17.03
11.34
11.17
14.14
9.16
7.58
5.54
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
533
537
LT Borrowings
- -
32
32
LT Finance Leases
- -
22
21
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
139
139
Market Capitalization
3,880
4,634
4,903

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
4,172
3,936
Cash, Cash Equivalents & STI
- -
1,579
1,479
Accounts Receivable, Net
- -
966
1,021
Inventories
- -
1,276
1,099
Total Current Liabilities
- -
2,208
1,974
Payables & Accruals
- -
- -
- -
ST Debt
- -
533
537
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.54%
23.4%
2.11%
Free Cash Flow
-138.4%
-71.51%
-383.54%
Net Income, GAAP
1.47%
-4.49%
-12.27%
Sales/Revenue/Turnover
26.19%
22.52%
11.89%
Total Cash Common Dividend
64.32%
6%
-22.28%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
652
589
658
631
2,530
2025
687
636
- -
872
2,831
2026
585
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.24
- -
- -
- -
0.47
2025
0.17
- -
- -
- -
0.4
2026
0.16
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
- -
- -
- -
0.35
2025
0.03
- -
- -
- -
0.27
2026
0.03
- -
- -
- -
- -
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Business
Yingkou Jinchen Machinery Co., Ltd. is a China-based national high-tech enterprise specializing in the manufacturing of advanced photovoltaic (PV) solar cell and module production equipment, automation technology, and vacuum coating technology. The company’s core products include high-efficiency solar cell equipment and solutions such as TOPCon high-efficiency solar cell tube PECVD systems, heterojunction solar cell PECVD systems, solar cell injection machines, AOI testing equipment for solar cells, silicon wafer crack detection systems, diffusion/thermal oxide/annealing loading and unloading machines, texturing process loading and unloading machines, wet etching loading and unloading machines, offline cassette loading automation machines, and plate PECVD loading and unloading machines. Additionally, Jinchen provides encapsulation equipment for PV modules including automatic laminators, film cutting machines, aluminum frame cutting machines, punching machines, glass cleaning machines, solar module framing machines, and corner locking machines, with multiple national patents on its products. Headquartered in Yingkou, Liaoning, China, the company serves the global solar energy market, providing complete solutions for solar cell and module manufacturing lines and process services. In recent developments, Yingkou Jinchen Machinery has strengthened its strategic presence internationally through partnerships such as a joint venture with Singulus Technologies to enhance sales of solar cell equipment in India, focusing on heterojunction and TOPCon technologies to accelerate the adoption of cutting-edge photovoltaic cell technology in the rapidly expanding Indian solar market. The company also signed a significant Memorandum of Understanding with Grew Energy to supply a 4.8 GW PV module production line, further expanding its footprint in major growth markets. Furthermore, Jinchen continues to innovate with new product launches and technological advancements showcased at industry events like Intersolar North America 2025, reinforcing its leadership in vacuum coating and smart automation solutions for the photovoltaic sector. The company, founded in 2001, has continuously expanded its operational scale and technological capabilities, maintaining a focus on high-efficiency cell and module manufacturing equipment, targeting solar power producers and PV manufacturers worldwide. Yingkou Jinchen Machinery is publicly listed on the Shanghai Stock Exchange under ticker 603396.SS. This comprehensive portfolio and recent strategic moves position Yingkou Jinchen Machinery as a leading provider of advanced solar manufacturing equipment and intelligent automation solutions within the global renewable energy industry.