BAOTOU TIANHE MAGNETICS TECHNOLOGY CO., LTD.

Cash flow Baotou Tianhe Magnetics Technology Co., Ltd.

Stocks

603072

CNE100006ZV5

Electrical Components & Equipment

End-of-day quote Shanghai S.E. 2026-08-14			5-day change	1st Jan Change
32.04 ^CNY	+0.91%		-2.29%	-21.26%

07-30	Baotou Tianhe Magnetics Technology to Invest in New Magnetic Materials Subsidiary	MT
04-27	Baotou Tianhe Magnetics Technology Co., Ltd. announces Annual dividend, payable on June 10, 2026	CI

5e.wRELFoaZVHm0HjcvswR51FUJ0i4onACQgt72qsn1hxo.mXpjU777DibcfAYb0mEypjpBtEdhrS3Sw-nAnrHB93iRdHli4vRgEsB7Aw

Published financial data: BAOTOU TIANHE MAGNETICS TECHNOLOGY CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.72B	2.49B	2.38B	2.38B	1.99B
Other Revenues, Total	106M	391M	273M	205M	354M
Total Revenues	1.83B	2.88B	2.65B	2.59B	2.34B
Cost of Goods Sold, Total	1.53B	2.45B	2.29B	2.28B	2.04B
Gross Profit	296M	438M	359M	314M	309M
Selling General & Admin Expenses, Total	46.32M	44.43M	48.4M	58.43M	57.39M
Provision for Bad Debts	2.29M	25.35M	-1.16M	-50.56K	3.23M
R&D Expenses	76.35M	132M	92.92M	96.63M	112M
Other Operating Expenses	4.54M	4.84M	4.62M	-865K	-7.63M
Other Operating Expenses, Total	130M	207M	145M	154M	165M
Operating Income	167M	232M	214M	160M	143M
Interest Expense, Total	-14.31M	-33.38M	-41.18M	-24.71M	-11.55M
Interest And Investment Income	1.63M	3.06M	1.38M	3.87M	7.39M
Net Interest Expenses	-12.68M	-30.32M	-39.81M	-20.84M	-4.16M
Currency Exchange Gains (Loss)	-2.35M	8.29M	5M	-92.29K	5.11M
Other Non Operating Income (Expenses)	-1.92M	-2.93M	-3.02M	-632K	-809K
EBT, Excl. Unusual Items	150M	207M	176M	139M	144M
Gain (Loss) On Sale Of Investments	-	-240K	-	-	-
Gain (Loss) On Sale Of Assets	-8.33K	139K	-173K	-3.54M	-200K
Asset Writedown	-65.81K	-1.21M	-30.02K	-20.7K	-203K
Legal Settlements	-	1.37M	-1.15M	-	-
Other Unusual Items	5.97M	27.63M	8.56M	8.69M	27.73M
EBT, Incl. Unusual Items	156M	234M	183M	144M	171M
Income Tax Expense	12.8M	11.57M	14.39M	7.76M	9.75M
Earnings From Continuing Operations	143M	223M	169M	136M	161M
Net Income to Company	143M	223M	169M	136M	161M
Net Income - (IS)	143M	223M	169M	136M	161M
Net Income to Common Incl Extra Items	143M	223M	169M	136M	161M
Net Income to Common Excl. Extra Items	143M	223M	169M	136M	161M
Per Share Items
Net EPS - Basic	0.72	1.12	0.85	0.69	0.61
Basic EPS - Continuing Operations	0.72	1.12	0.85	0.69	0.61
Basic Weighted Average Shares Outstanding	199M	199M	199M	197M	264M
Net EPS - Diluted	0.72	1.12	0.85	0.69	0.61
Diluted EPS - Continuing Operations	0.72	1.12	0.85	0.69	0.61
Diluted Weighted Average Shares Outstanding	199M	199M	199M	197M	264M
Normalized Basic EPS	0.47	0.65	0.55	0.44	0.34
Normalized Diluted EPS	0.47	0.65	0.55	0.44	0.34
Dividend Per Share	-	-	-	0.15	0.25
Payout Ratio	10.54	14.63	25.35	18.3	30.93
Supplemental Items
EBITDA	204M	277M	269M	220M	206M
EBITA	168M	233M	215M	161M	144M
EBIT	167M	232M	214M	160M	143M
EBITDAR	205M	278M	270M	221M	207M
Total Revenues (As Reported)	1.83B	2.88B	2.65B	2.59B	2.34B
Effective Tax Rate - (Ratio)	8.21	4.94	7.86	5.4	5.7
Current Domestic Taxes	15.73M	17.16M	14.97M	12.37M	22.17M
Total Current Taxes	15.73M	17.16M	14.97M	12.37M	22.17M
Deferred Domestic Taxes	-2.93M	-5.59M	-581K	-4.6M	-12.42M
Total Deferred Taxes	-2.93M	-5.59M	-581K	-4.6M	-12.42M
Normalized Net Income	93.72M	129M	110M	86.7M	89.74M
Interest on Long-Term Debt	3.86M	1.3M	1.43M	1.73M	-
Supplemental Operating Expense Items
Advertising Expense	1M	729K	754K	1.74M	1.71M
Selling and Marketing Expenses	13.53M	9.79M	9.17M	15.15M	12.53M
General and Administrative Expenses	32.8M	34.64M	39.23M	43.28M	44.85M
Research And Development Expense From Footnotes	76.35M	132M	92.92M	96.63M	112M
Net Rental Expense, Total	1.03M	959K	922K	1.02M	1.02M
Imputed Operating Lease Interest Expense	507K	404K	342K	301K	203K
Imputed Operating Lease Depreciation	524K	554K	580K	718K	815K
Maintenance & Repair Expenses, Total	3.39M	5.03M	6.82M	4.08M	4.68M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	139M	130M	379M	849M	738M
Total Cash And Short Term Investments	139M	130M	379M	849M	738M
Accounts Receivable, Total	646M	593M	679M	655M	824M
Other Receivables	1.05M	10.4M	8.31M	8.93M	7.27M
Total Receivables	647M	604M	687M	664M	831M
Inventory	619M	1.19B	1.21B	1.22B	1.02B
Other Current Assets, Total	9.53M	43.15M	66.7M	6.74M	10.71M
Total Current Assets	1.41B	1.97B	2.35B	2.74B	2.6B
Gross Property Plant And Equipment	672M	760M	846M	906M	937M
Accumulated Depreciation	-191M	-235M	-284M	-338M	-396M
Net Property Plant And Equipment	480M	525M	562M	568M	541M
Long-term Investments	2M	2M	2M	2M	2M
Other Intangibles, Total	36.88M	37.47M	36.1M	35.48M	61.08M
Deferred Tax Assets Long-Term	10.44M	20.04M	20.65M	24.53M	36.73M
Deferred Charges Long-Term	6.73M	11.81M	11.96M	13.87M	13.72M
Other Long-Term Assets, Total	7.87M	15.44M	12.44M	2.52M	3.47M
Total Assets	1.96B	2.58B	2.99B	3.39B	3.26B
Liabilities
Accounts Payable, Total	666M	393M	699M	228M	377M
Accrued Expenses, Total	21.79M	16.86M	16.29M	62.51M	48.3M
Short-term Borrowings	173M	358M	300M	251M	333M
Current Portion of Long-Term Debt	40.22M	110M	476M	260M	36.64M
Current Portion of Leases	2.84M	3.78M	4.29M	4.9M	4.66M
Current Income Taxes Payable	9.58M	661K	6.02M	4.76M	3.11M
Unearned Revenue Current, Total	49.52M	61.63M	160M	297M	104M
Other Current Liabilities	19.81M	8.93M	6.07M	73.76M	45.24M
Total Current Liabilities	982M	953M	1.67B	1.18B	952M
Long-Term Debt	44.5M	452M	-	-	-
Long-Term Leases	35.64M	47.38M	23.85M	18.82M	17.82M
Unearned Revenue Non Current	96.81M	104M	103M	123M	104M
Deferred Tax Liability Non Current	-	4.01M	4.05M	3.32M	3.1M
Total Liabilities	1.16B	1.56B	1.8B	1.33B	1.08B
Common Stock, Total	198M	198M	198M	264M	264M
Additional Paid In Capital	256M	257M	259M	923M	923M
Retained Earnings	345M	568M	736M	873M	994M
Comprehensive Income and Other	-49.44K	-65.67K	-81.67K	-192K	134K
Total Common Equity	799M	1.02B	1.19B	2.06B	2.18B
Total Equity	799M	1.02B	1.19B	2.06B	2.18B
Total Liabilities And Equity	1.96B	2.58B	2.99B	3.39B	3.26B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	199M	199M	198M	264M	264M
ECS Total Common Shares Outstanding	199M	199M	198M	264M	264M
Book Value / Share	4.02	5.14	6.02	7.79	8.26
Tangible Book Value	762M	985M	1.16B	2.02B	2.12B
Tangible Book Value Per Share	3.84	4.95	5.84	7.66	8.02
Total Debt	296M	971M	805M	534M	392M
Net Debt	157M	841M	426M	-315M	-345M
Debt Equivalent Oper. Leases	8.25M	7.67M	7.38M	8.15M	8.15M
Account Code - Inventory Valuation	-	-	6	6	6
Inventories - Raw Materials, Total	61.49M	274M	238M	273M	372M
Inventories - Work In Process, Total	449M	751M	743M	846M	329M
Inventories - Finished Goods, Total	114M	184M	252M	124M	320M
Buildings, Total	163M	225M	226M	250M	251M
Machinery, Total	347M	467M	535M	585M	594M
Full Time Employees	-	-	1.23K	1.21K	1.23K
Accumulated Allowance for Doubtful Accounts (Supple)	17.98M	32.74M	32.33M	31.68M	34.89M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	143M	223M	169M	136M	161M
Depreciation & Amortization - CF	38.77M	48.43M	59.3M	63.6M	67.1M
Amortization of Goodwill and Intangible Assets - (CF)	877K	877K	877K	877K	991K
Depreciation & Amortization, Total	39.65M	49.31M	60.17M	64.48M	68.09M
Amortization of Deferred Charges, Total - (CF)	1.27M	1.92M	2.43M	2.67M	3.34M
(Gain) Loss From Sale Of Asset	8.33K	-139K	173K	3.54M	200K
(Gain) Loss on Sale of Investments - (CF)	-	240K	-	-	-5.01M
Asset Writedown & Restructuring Costs	6.4M	31.56M	1.78M	5.49M	-3.05M
Provision and Write-off of Bad Debts	-	-	-	-644K	3.21M
Other Operating Activities, Total	14.31M	33.37M	41.2M	24.89M	11.71M
Change In Accounts Receivable	-85.19M	-12.98M	-385M	350M	-174M
Change In Inventories	-227M	-584M	-23.54M	-10.5M	203M
Change In Accounts Payable	90.96M	-264M	377M	-265M	-101M
Change In Deferred Taxes	-2.93M	-5.59M	-581K	-4.6M	-12.42M
Cash from Operations	-19.72M	-527M	242M	306M	155M
Capital Expenditure	-40.03M	-24.66M	-58.19M	-19.52M	-72.43M
Sale of Property, Plant, and Equipment	-	640K	117K	101K	42K
Investment in Marketable and Equity Securities, Total	-	-	-3.89M	-	-119M
Other Investing Activities, Total	-	-	-	-	5.01M
Cash from Investing	-40.03M	-24.02M	-61.97M	-19.42M	-186M
Long-Term Debt Issued, Total	263M	989M	300M	801M	371M
Total Debt Issued	263M	989M	300M	801M	371M
Long-Term Debt Repaid, Total	-193M	-316M	-472M	-1.07B	-518M
Total Debt Repaid	-193M	-316M	-472M	-1.07B	-518M
Issuance of Common Stock	-	-	-	755M	-
Common Dividends Paid	-15.08M	-32.6M	-42.8M	-24.9M	-49.84M
Common & Preferred Stock Dividends Paid	-15.08M	-32.6M	-42.8M	-24.9M	-49.84M
Other Financing Activities, Total	-3.12M	-2.13M	-3.6M	2.27M	-18.37M
Cash from Financing	52.39M	639M	-218M	463M	-215M
Foreign Exchange Rate Adjustments	-88.99K	10.3K	-12.76K	-178K	-161K
Net Change in Cash	-7.46M	87.9M	-38.13M	750M	-246M
Supplemental Items
Cash Income Tax Paid (Refund)	-29.57M	-82.59M	-89.22M	-101M	-39.84M
Levered Free Cash Flow	-76.89M	-700M	391M	-11.24M	21.29M
Unlevered Free Cash Flow	-67.95M	-679M	417M	4.21M	28.51M
Change In Net Working Capital	173M	851M	-279M	144M	60.15M
Net Debt Issued / Repaid	70.59M	673M	-172M	-269M	-147M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.96	6.38	4.79	3.14	2.7
Return on Total Capital	10.84	9.38	6.7	4.36	3.47
Return On Equity %	19.6	24.46	15.24	8.37	7.6
Return on Common Equity	19.6	24.46	15.24	8.37	7.6
Margin Analysis
Gross Profit Margin %	16.24	15.19	13.52	12.14	13.17
SG&A Margin	2.54	1.54	1.83	2.26	2.45
EBITDA Margin %	11.19	9.6	10.14	8.48	8.81
EBITA Margin %	9.19	8.06	8.1	6.22	6.16
EBIT Margin %	9.14	8.03	8.06	6.19	6.12
Income From Continuing Operations Margin %	7.84	7.72	6.37	5.25	6.87
Net Income Margin %	7.84	7.72	6.37	5.25	6.87
Net Avail. For Common Margin %	7.84	7.72	6.37	5.25	6.87
Normalized Net Income Margin	5.13	4.48	4.15	3.35	3.83
Levered Free Cash Flow Margin	-4.21	-24.28	14.74	-0.43	0.91
Unlevered Free Cash Flow Margin	-3.72	-23.55	15.71	0.16	1.22
Asset Turnover
Asset Turnover	1.04	1.27	0.95	0.81	0.71
Fixed Assets Turnover	4.14	5.74	4.88	4.58	4.23
Receivables Turnover (Average Receivables)	2.97	4.03	3.74	3.57	2.69
Inventory Turnover (Average Inventory)	3.01	2.7	1.9	1.87	1.82
Short Term Liquidity
Current Ratio	1.44	2.07	1.41	2.32	2.73
Quick Ratio	0.8	0.77	0.64	1.28	1.65
Operating Cash Flow to Current Liabilities	-0.02	-0.55	0.15	0.26	0.16
Days Sales Outstanding (Average Receivables)	122.91	90.68	97.62	102.39	135.61
Days Outstanding Inventory (Average Inventory)	121.29	135.28	191.77	195.84	200.82
Average Days Payable Outstanding	129.22	63.98	86.18	68.94	60.11
Cash Conversion Cycle (Average Days)	114.97	161.98	203.21	229.29	276.32
Long Term Solvency
Total Debt/Equity	37.02	94.95	67.42	25.92	17.98
Total Debt / Total Capital	27.02	48.7	40.27	20.59	15.24
LT Debt/Equity	10.03	48.79	2	0.91	0.82
Long-Term Debt / Total Capital	7.32	25.03	1.19	0.73	0.69
Total Liabilities / Total Assets	59.19	60.41	60.13	39.17	33.03
EBIT / Interest Expense	11.66	6.94	5.19	6.49	12.42
EBITDA / Interest Expense	14.43	8.42	6.65	9.09	18.32
(EBITDA - Capex) / Interest Expense	11.64	7.68	5.24	8.3	12.05
Total Debt / EBITDA	1.43	3.46	2.94	2.38	1.85
Net Debt / EBITDA	0.76	2.99	1.55	-1.4	-1.63
Total Debt / (EBITDA - Capex)	1.78	3.79	3.73	2.6	2.82
Net Debt / (EBITDA - Capex)	0.94	3.28	1.97	-1.53	-2.48
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	60.49	58.03	-8.09	-2.32	-9.47
Gross Profit, 1 Yr. Growth %	43.99	47.83	-18.16	-12.32	-1.81
EBITDA, 1 Yr. Growth %	41.74	35.55	-2.84	-18.29	-6.4
EBITA, 1 Yr. Growth %	45.88	38.61	-7.68	-24.91	-10.86
EBIT, 1 Yr. Growth %	46.74	38.81	-7.71	-24.72	-10.51
Earnings From Cont. Operations, 1 Yr. Growth %	7.91	55.79	-24.25	-19.38	18.43
Net Income, 1 Yr. Growth %	7.91	55.79	-24.25	-19.38	18.43
Normalized Net Income, 1 Yr. Growth %	40.78	37.86	-14.86	-21.12	3.51
Diluted EPS Before Extra, 1 Yr. Growth %	7.46	55.56	-24.11	-18.82	-11.59
Accounts Receivable, 1 Yr. Growth %	26.09	-8.13	14.38	-3.45	25.73
Inventory, 1 Yr. Growth %	55.98	92.88	1.73	0.41	-16.37
Net Property, Plant and Equip., 1 Yr. Growth %	19.39	9.31	7.05	1.15	-4.8
Total Assets, 1 Yr. Growth %	27.11	31.87	15.88	13.16	-3.8
Tangible Book Value, 1 Yr. Growth %	22.27	29.2	17.49	74.95	4.75
Common Equity, 1 Yr. Growth %	21.1	27.92	16.71	72.63	5.91
Cash From Operations, 1 Yr. Growth %	-136.62	2.57K	-145.98	26.49	-49.36
Capital Expenditures, 1 Yr. Growth %	-	-38.41	136	-66.46	271.12
Levered Free Cash Flow, 1 Yr. Growth %	-184.91	810.81	-155.82	-102.88	-289.47
Unlevered Free Cash Flow, 1 Yr. Growth %	-172.27	900.01	-161.32	-98.99	577.46
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	66.67
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	43.13	59.26	20.52	-5.25	-5.96
Gross Profit, 2 Yr. CAGR %	31.83	45.89	9.99	-15.29	-7.21
EBITDA, 2 Yr. CAGR %	33.06	38.61	14.76	-10.91	-12.37
EBITA, 2 Yr. CAGR %	37.12	42.2	13.12	-16.75	-17.96
EBIT, 2 Yr. CAGR %	37.68	42.72	13.18	-16.82	-17.92
Earnings From Cont. Operations, 2 Yr. CAGR %	40.8	29.66	8.63	-21.85	-2.29
Net Income, 2 Yr. CAGR %	40.8	29.66	8.63	-21.85	-2.29
Normalized Net Income, 2 Yr. CAGR %	41.37	39.31	8.34	-18.08	-9.64
Diluted EPS Before Extra, 2 Yr. CAGR %	35.87	29.29	8.65	-21.51	-15.29
Accounts Receivable, 2 Yr. CAGR %	38.71	7.63	2.51	5.09	10.18
Inventory, 2 Yr. CAGR %	51.29	73.45	40.07	1.07	-8.36
Net Property, Plant and Equip., 2 Yr. CAGR %	23.44	14.24	8.17	4.06	-1.87
Total Assets, 2 Yr. CAGR %	35.22	29.47	23.61	14.51	4.34
Tangible Book Value, 2 Yr. CAGR %	33.14	25.69	23.2	43.37	35.38
Common Equity, 2 Yr. CAGR %	30.76	24.46	22.19	41.94	35.22
Cash From Operations, 2 Yr. CAGR %	-54.64	212.75	250.48	-23.73	-19.96
Capital Expenditures, 2 Yr. CAGR %	-	-	20.56	-11.03	11.57
Levered Free Cash Flow, 2 Yr. CAGR %	-26.79	178.1	125.47	-87.33	-76.64
Unlevered Free Cash Flow, 2 Yr. CAGR %	-33.2	168.84	147.63	-92.13	-73.82
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	30.09	47.94	32.59	12.36	-6.68
Gross Profit, 3 Yr. CAGR %	29.36	36.96	20.32	1.99	-11.01
EBITDA, 3 Yr. CAGR %	38.23	33.89	23.13	2.47	-9.31
EBITA, 3 Yr. CAGR %	46.6	37.61	23.13	-1.33	-14.68
EBIT, 3 Yr. CAGR %	47.37	38.06	23.42	-1.34	-14.77
Earnings From Cont. Operations, 3 Yr. CAGR %	23.92	45.63	8.39	-1.65	-10.24
Net Income, 3 Yr. CAGR %	23.92	45.63	8.39	-1.65	-10.24
Normalized Net Income, 3 Yr. CAGR %	62.26	40.19	18.22	-2.56	-11.44
Diluted EPS Before Extra, 3 Yr. CAGR %	-	42.14	8.26	-1.41	-18.33
Accounts Receivable, 3 Yr. CAGR %	24.27	20.91	9.84	0.49	11.56
Inventory, 3 Yr. CAGR %	38.75	64.05	45.19	25.36	-5.12
Net Property, Plant and Equip., 3 Yr. CAGR %	21.06	18.54	11.79	5.78	1.02
Total Assets, 3 Yr. CAGR %	28.56	34.09	24.77	20.03	8.05
Tangible Book Value, 3 Yr. CAGR %	31.13	31.81	22.89	38.48	29.13
Common Equity, 3 Yr. CAGR %	28.6	29.8	21.82	37.11	28.74
Cash From Operations, 3 Yr. CAGR %	-11.37	76.47	65.07	149.53	-33.46
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-21.3	43.22
Levered Free Cash Flow, 3 Yr. CAGR %	-	69.64	62.82	-47.32	-68.79
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	64.63	64.26	-60.43	-65.25
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	26.18	23.79	15.57
Gross Profit, 5 Yr. CAGR %	-	-	21.23	13.01	8.44
EBITDA, 5 Yr. CAGR %	-	-	28.32	13.76	7.46
EBITA, 5 Yr. CAGR %	-	-	32.16	12.55	4.66
EBIT, 5 Yr. CAGR %	-	-	32.6	12.73	4.75
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	17.56	13.53	3.99
Net Income, 5 Yr. CAGR %	-	-	17.56	13.53	3.99
Normalized Net Income, 5 Yr. CAGR %	-	-	38.05	13.08	6.15
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	12.09	-1.86
Accounts Receivable, 5 Yr. CAGR %	-	-	15.06	14.32	9.97
Inventory, 5 Yr. CAGR %	-	-	39.28	35.15	20.78
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	15.73	12.52	6.11
Total Assets, 5 Yr. CAGR %	-	-	26.56	25.89	16.15
Tangible Book Value, 5 Yr. CAGR %	-	-	27.9	36.32	27.74
Common Equity, 5 Yr. CAGR %	-	-	26	34.53	27.01
Cash From Operations, 5 Yr. CAGR %	-	-	53.6	26.16	23.57
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-39.91	-25.14
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-51.21	-21.23