Shanghai Top Numerical Control Technology Co., Ltd. Class H

Shanghai Top Numerical Control Technology Co., Ltd. Class H

HHKEX:7688
19.20
HKD
-0.62
(-3.13%)
10.12BMarket Cap
Mar 03Next Earn
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.33
0.82
1.3
1.41
- -
Basic EPS, GAAP
-0.47
-0.15
0.02
0.01
- -
Free Cash Flow per Basic Share
-0.13
-0.68
-0.38
-0.03
- -
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
0.33
0.34
0.43
0.46
4.26
Tangible Book Value per Share
0.24
0.24
0.22
0.26
4.2
Basic Weighted Avg Shares
409
409
409
409
384
Sales/Revenue/Turnover
136
335
532
578
- -
Operating Margin (%)
-138.63
-11.25
5.32
6
- -
Depreciation Expense
32
33
34
31
- -
Net Income, GAAP
-192
-61
9
4
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
Profit Margin (%)
-141.1
-18.09
1.67
0.62
- -
Working Capital
15
20
12
81
1,709
LT Debt
82
59
82
142
228
Total Equity
132
134
169
180
1,777
Return on Invested Capital (%)
- -
- -
7.35
3.5
- -
Return on Capital (%)
- -
- -
5.22
2.93
- -
Return on Common Equity (%)
- -
-44.61
5.69
1.97
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
218
204
158
LT Borrowings
57
110
202
LT Finance Leases
37
33
25
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
409
409
419
Market Capitalization
- -
- -
8,753

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
638
756
2,331
Cash, Cash Equivalents & STI
123
221
1,720
Accounts Receivable, Net
149
183
223
Inventories
303
255
283
Total Current Liabilities
511
676
621
Payables & Accruals
- -
- -
- -
ST Debt
218
204
158
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
6.34%
Free Cash Flow
- -
- -
-91.23%
Net Income, GAAP
- -
- -
-59.77%
Sales/Revenue/Turnover
- -
- -
8.73%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
532
2025
- -
- -
578
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.02
2025
- -
- -
0.01
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Yu Han Wang
Full Time Employees
420
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No. 888, Guanghua Road Shanghai SH China 201100
IPO Date
May 20, 2026
Business
Shanghai Top Numerical Control Technology Co., Ltd. engages in the research, development, production, and sale of intelligent manufacturing equipment, with a focus on five-axis computer numerical control (CNC) machine tools and related aerospace, automotive, energy, medical equipment, shipbuilding, toolmaking, and mold manufacturing applications; it offers aviation and aerospace intelligent manufacturing equipment, compact general industrial five-axis machine tools, large-span carbon fiber composite five-axis machine tools, CNC process equipment, and after-sales repair and maintenance services. The company operates primarily in China, serving domestic customers with a product portfolio that targets high-precision and high-complexity manufacturing needs across multiple industry segments; it provides standalone equipment, integrated automation solutions, and related support services. Key product categories include aerospace-oriented CNC machinery, general-purpose five-axis CNC systems, carbon fiber composite five-axis platforms, CNC process equipment, and maintenance services; it positions its offerings for end markets such as aerospace, automotive, energy, medical devices, shipbuilding, toolmaking, and mold production. Founding year is 2007 and headquarters are in Shanghai, China. The company’s geographic footprint centers on the Chinese market, with ambitions for broader regional penetration through a Hong Kong listing process to fund research and development, sales expansion, potential acquisitions, and debt management; the board and management emphasize growth through product innovation, expanded sales capacity, and strategic investments. Subsidiaries and corporate relationships include its parent company structure and affiliates focused on CNC technology development, manufacturing, and after-sales support to sustain a vertically integrated value chain from R&D to field service. Latest major changes include a strategic push to raise capital through a Hong Kong initial public offering to fund R&D and sales expansion, pursue potential acquisitions, and strengthen the balance sheet, alongside ongoing enhancements to product lines and expansion plans in intelligent manufacturing solutions. Industry segments center on capital goods and advanced manufacturing equipment, with target customers spanning aerospace, automotive, energy, medical equipment, shipbuilding, toolmaking, and mold industries; geographic operations remain concentrated in China with a pathway toward broader international distribution and collaboration through the Hong Kong listing route. The company name is Shanghai Top Numerical Control Technology Co., Ltd., and it is publicly traded under the ticker 7688.HK, reflecting its status as a listed Chinese equipment manufacturer focused on high-end CNC solutions. The firm emphasizes a technology and innovation-driven approach, positioning itself as a supplier of sophisticated five-axis CNC systems and related automation for demanding manufacturing environments.