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name
Cixing
300307.SZ
Ningbo Cixing Co.,Ltd. engages in the research, development, production, and sale of knitting machinery in China and internationally. The company offers intelligent knitting machinery and equipment; flat knitting machines, steiger, circular machines, and other smart knitting equipment, as well as computerized shoe machines, automated shoe-making production line, automatic ironing machines, industrial robots, etc. It also provides pre-sales, sales, after-sales, and technical support services.
3.878 T
300307.SZMarket value -Rank by Market Cap -/-

Financial Score

06/12/2025 Update
C
Industrial Machinery and Supplies and ComponentsIndustry
Industry Ranking202/399
Industry medianC
Industry averageC
Score Analysis
Peer Comparison
  • Criteria
    Rating
  • Profit ScoreC
    • ROE2.96%C
    • Profit Margin4.99%C
    • Gross Margin30.18%C
  • Growth ScoreD
    • Revenue YoY-8.26%D
    • Net Profit YoY-68.69%E
    • Total Assets YoY-11.29%E
    • Net Assets YoY1.10%C
  • Cash ScoreC
    • Cash Flow Margin2005.48%A
    • OCF YoY-8.26%D
  • Operating ScoreC
    • Turnover0.41C
  • Debt ScoreB
    • Gearing Ratio27.11%B

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Institutional View & Shareholder

Analyst Ratings

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    News
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    Cixing: Net profit in the third quarter was 16.0134 million yuan, a decrease of 37.01%

    Cixing announced that its revenue for the third quarter was 383 million yuan, a decrease of 24.39%; net profit was 16.0134 million yuan, a decrease of 37.01%. Revenue for the first three quarters was 1.489 billion yuan, a decrease of 16.54%; net profit was 122 million yuan, a decrease of 60.71%

    Zhitong·
    SZ
    300307
    -0.54%
    Zhitong·
    SZ
    300307
    -0.54%

    Cixing released its performance for the first half of the year, with a net profit attributable to the parent company of 106 million yuan, a decrease of 62.83%

    According to the Zhitong Finance APP, Cixing released its semi-annual report for 2025, showing an operating income of 1.106 billion yuan, a year-on-year decrease of 13.43%. The net profit attributable to shareholders of the listed company was 106 million yuan, a year-on-year decrease of 62.83%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 82.6882 million yuan, a year-on-year decrease of 21.25%. The basic earnings per share were 0.13 yuan

    Zhitong·
    SZ
    300307
    -0.54%
    Zhitong·
    SZ
    300307
    -0.54%

    Cixing: Termination of the issuance of shares and cash payment for asset acquisition and fundraising of supporting funds

    Cixing announced the termination of the plan to issue shares and pay cash to acquire 75% of Yangshunyi Technology and to stop raising supporting funds. This decision was made after being reviewed and approved by the board of directors and the supervisory board on August 1, 2025, due to the failure to reach an agreement on commercial terms with the counterparty. The termination procedure complies with relevant laws and regulations and does not require submission to the shareholders' meeting for review

    Zhitong·
    SZ
    300307
    -0.54%
    Zhitong·
    SZ
    300307
    -0.54%

    Active Clothing Signs MOU to Buy 600 Computerized Knitting Machines from Ningbo Cixing

    Active Clothing has signed a memorandum of understanding with China-based Ningbo Cixing to purchase 600 computerized flat knitting machines, according to a Thursday filing on the BSE. The move aims to introduce automation and precision in sweater manufacturing in India, with a focus on zero-waste production and long-term technological collaboration, the filing said. Shares of the company were down 1.7% in recent trading.

    Trading View·
    SZ
    300307
    -0.54%
    Trading View·
    SZ
    300307
    -0.54%

    Cixing plans to issue additional shares to acquire 75% equity of Shenyang Shunyi and raise matching funds, with the stock resuming trading

    Cixing announced plans to issue additional shares and cash acquire 75% equity of Shenyang Shunyi, with cash payment not exceeding 40% of the transaction price. At the same time, it will issue shares to no more than 35 specific investors to raise matching funds, with an issue price of 7.16 yuan per share. The company will resume trading on June 4, 2025, and after the transaction is completed, it will enter the defense technology industry, diversify its business types, and promote transformation

    Zhitong·
    SZ
    300307
    -0.54%
    Zhitong·
    SZ
    300307
    -0.54%
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