MayAir Technology (China) Co. Ltd. A

688376 · SHG · Industrials / Pollution & Treatment Controls

49.50CNY-2.00 (-3.88%)

Price History

Full chart

Market Stats

Previous Close51.50

Open51.29

Day Range49.14 – 53.00

52-Week Range42.40 – 127.32

Volume2.67M

Market Cap7.57B

P/E (TTM)70.85

Forward P/E0.00

EPS0.79

Dividend Yield0.27%

Beta0.62

50-Day Avg65.50

200-Day Avg69.74

About

MayAir Technology (China) Co., Ltd. engages in the research and development, production, and sale of medical air purification and atmospheric environment treatment equipment in China and internationally. The company's products include fan filter units; media, chemical, functional, electrostatic, and cartridge filters; and bio-safety sterile purification equipment, home and commercial air purifiers, medical disinfection machines and purification equipment, dust and oil mist removal equipment, kitchen oil fume equipment, and kitchen exhaust systems. Its products are used in semiconductors, public health care, biopharmaceutical, and food industries, as well as medical institutions, large commercial buildings, public places, home environments, industrial dust removal, VOCs treatment, and other applications. MayAir Technology (China) Co., Ltd. was founded in 2001 and is based in Nanjing, China.

Company Details

SectorIndustrials
IndustryPollution & Treatment Controls
CEOMr. Wee Keong Yap
Employees1.36K
HeadquartersNo. 101, Lanxia Road, Nanjing, China, 211111, China
Websitehttps://www.mayair.com.cn

Leadership

Mr. Wee Keong YapEmployee Representative Director & GM · b. 1967
Ms. Kim Fa ChinCFO, Director, Secretary & Accounting Supervisor · b. 1975
Mr. Gan Boon DiaCOO & Deputy GM · b. 1973
Mr. Yu ZhouTechnical Director · b. 1957
Ms. Ling ChenDeputy General Manager · b. 1973
Mr. Ming Dak DingDeputy General Manager · b. 1968
Mr. Chaojun FanR&D Manager · b. 1985
Ms. Lei ZhuR&D Manager · b. 1984

Financials

Income Statement

Currency: CNY	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	902.92M	1.15B	1.23B	1.51B	1.72B	1.93B
Growth (%)	-	+27.33%	+6.72%	+22.68%	+14.45%	+11.97%
Cost of Revenue	646.99M	840.33M	885.62M	1.10B	1.21B	1.43B
Gross Profit	255.93M	309.38M	341.38M	402.19M	510.30M	499.95M
Gross Margin	28.34%	26.91%	27.82%	26.72%	29.62%	25.92%
Operating Expense	141.45M	174.94M	182.34M	206.18M	259.10M	338.49M
Operating Income	114.48M	134.44M	159.04M	196.02M	251.19M	161.47M
Operating Margin	12.68%	11.69%	12.96%	13.02%	14.58%	8.37%
EBITDA	-	-	178.37M	238.45M	287.04M	259.75M
EBITDA Margin	-	-	14.54%	15.84%	16.66%	13.46%
Net Income	82.72M	108.24M	123.07M	173.23M	191.99M	121.09M
Net Income Margin	9.16%	9.41%	10.03%	11.51%	11.14%	6.28%
R&D	25.70M	46.87M	51.70M	70.11M	77.86M	102.70M
R&D as % of Total Revenue	2.85%	4.08%	4.21%	4.66%	4.52%	5.32%
Interest Expense	11.13M	9.92M	12.81M	9.96M	16.39M	26.79M
Interest Expense % of Total Revenue	1.23%	0.86%	1.04%	0.66%	0.95%	1.39%

Balance Sheet

Currency: CNY	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.16B	1.26B	2.53B	2.99B	3.70B	4.10B
Total Liabilities	804.35M	798.91M	1.05B	1.35B	1.89B	2.03B
Total Equity	353.50M	461.84M	1.48B	1.63B	1.79B	1.93B
Cash	98.13M	133.36M	1.05B	866.64M	1.01B	905.68M
Net Debt	135.42M	121.99M	-	-	-	-

Cash Flow

Currency: CNY	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	15.15M	85.37M	-79.42M	119.55M	-205.08M	303.35M
Capital Expenditure	18.48M	29.95M	55.17M	358.81M	199.02M	248.05M
Free Cash Flow	-3.33M	55.42M	-134.59M	-239.26M	-404.11M	55.30M
Dividends Paid	10.95M	10.58M	8.99M	24.35M	79.27M	52.32M
FCF to OCF	-21.96%	64.91%	169.47%	-200.14%	197.04%	18.23%
Dividend Paid to FCF	-329.19%	19.10%	-6.68%	-10.18%	-19.61%	94.61%

Earnings

Report Date	Mar 31, 2023
EPS Estimate	-
EPS Actual	0.25
Surprise	-
Timing	-

Key Statistics & Ratios

Market Cap7.57B

Enterprise Value9.00B

Trailing P/E70.85

Forward P/E0.00

Price / Sales3.65

Price / Book4.42

EPS0.79

Book Value14.73

Revenue (TTM)2.07B

Gross Profit (TTM)545.91M

EBITDA212.11M

Profit Margin5.13%

Operating Margin12.55%

Return on Equity5.99%

Return on Assets2.27%

Shares Outstanding135.25M

Shares Float52.92M

Beta0.62

Dividend Yield0.27%

Dividend Rate0.15

Payout Ratio44.30%

Dividends

20261×

0.15Jun 23, 2026

20251×

0.20Jul 23, 2025

20241×

0.30Jun 11, 2024

20231×

0.10Jun 19, 2023