Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
13,543.98
19,059.84
21,481.85
13,426.94
13,046.31
12,846.63
11,054.12
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
13,543.98
19,059.84
21,481.85
13,426.94
13,046.31
12,846.63
11,054.12
Raw Material Cost
11,655.28
16,671.73
19,321.85
11,641.79
11,699.33
11,592.13
9,473.06
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
183.06
241.41
236.25
200.17
192.82
137.47
92.66
Selling and Distribution Expenses
873.57
1,226.19
1,016.96
805.28
516.97
491.19
635.33
Other Expenses
-11.05
-17.42
-16.98
-18.03
-17.73
-12.31
-7.82
Total Expenditure (Excl Depreciation)
12,601.44
17,965.13
20,405.21
12,466.94
12,231.87
12,097.71
10,122.81
Operating Profit (PBDIT) excl Other Income
942.5
1094.7
1076.6
960
814.4
748.9
931.3
Other Income
102.32
367.61
421.85
476.19
134.98
225.37
56.62
Operating Profit (PBDIT)
1,435.35
1,788.02
1,774.92
1,660.65
1,088.51
1,110.33
1,093.20
Interest
183.06
241.41
236.25
200.17
192.82
137.47
92.66
Exceptional Items
77.65
-21.88
-112.75
-242.60
51.88
65.21
-31.96
Gross Profit (PBDT)
1,888.70
2,388.11
2,160.00
1,785.15
1,346.98
1,254.49
1,581.06
Depreciation
414.82
364.72
290.74
255.32
152.42
146.23
119.05
Profit Before Tax
915.12
1,160.01
1,135.18
962.56
795.15
891.84
849.54
Tax
206.57
135.58
160.34
162.03
129.99
118.93
114.96
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
723.31
1,049.51
918.06
636.16
623.71
751.38
706.24
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
723.31
1,049.51
918.06
636.16
623.71
751.38
706.24
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
3.10
-23.59
35.63
167.34
53.35
32.76
33.33
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
726.41
1,025.92
953.69
803.50
677.05
784.14
739.57
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Reserves
11,101.18
9,458.69
8,465.43
7,754.33
6,212.42
5,623.27
4,927.87
Earnings per share (EPS)
0.68
0.98
0.86
0.62
0.7
0.81
0.82
Diluted Earnings per share
0.68
0.98
0.86
0.62
0.7
0.81
0.82
Operating Profit Margin (Excl OI)
6.78%
5.54%
4.95%
6.92%
6.14%
5.75%
8.3%
Gross Profit Margin
9.82%
8.0%
6.64%
9.07%
7.26%
8.08%
8.76%
PAT Margin
5.34%
5.51%
4.27%
4.74%
4.78%
5.85%
6.39%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is -28.94% vs -11.27% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is -29.19% vs 7.57% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is -6.15% vs 4.97% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is -24.15% vs 2.20% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has improved from Dec 2024
Compare Annual Results Of Norinco International Cooperation Ltd. With
Figures in Million
Consolidate Annual Results
Change(CNY)
Change(%)
Net Sales
13,543.98
0
13,543.98
Other Operating Income
0.00
0.00
0.00
Total Operating income
13,543.98
0
13,543.98
Raw Material Cost
11,655.28
0
11,655.28
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
183.06
0
183.06
Selling and Distribution Expenses
873.57
0
873.57
Other Expenses
-11.05
0.00
-11.05
Total Expenditure (Excl Depreciation)
12,601.44
0
12,601.44
Operating Profit (PBDIT) excl Other Income
942.54
0.00
942.54
Other Income
102.32
0
102.32
Operating Profit (PBDIT)
1,435.35
0
1,435.35
Interest
183.06
0
183.06
Exceptional Items
77.65
0
77.65
Gross Profit (PBDT)
1,888.70
0
1,888.70
Depreciation
414.82
0
414.82
Profit Before Tax
915.12
0
915.12
Tax
206.57
0
206.57
Provisions and contingencies
0
0
0.00
Profit After Tax
723.31
0
723.31
Extraordinary Items
0.00
0
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
723.31
0
723.31
Share in Profit of Associates
0
0
0.00
Minority Interest
3.10
0
3.10
Other related items
0.00
0.00
0.00
Consolidated Net Profit
726.41
0
726.41
Equity Capital
0
0
0.00
Face Value
1.00
0
0.00
Reserves
11,101.18
0
11,101.18
Earnings per share (EPS)
0.68
0
0.68
Diluted Earnings per share
0.68
0
0.68
Operating Profit Margin (Excl OI)
6.78%
0%
0.00
6.78%
Gross Profit Margin
9.82%
0%
0.00
9.82%
PAT Margin
5.34%
0%
0.00
5.34%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 1,354.40 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -28.94% vs -11.27% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 72.64 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -29.19% vs 7.57% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 133.30 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -6.15% vs 4.97% in Dec 2024
Annual - Interest
Interest 18.31 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -24.15% vs 2.20% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 6.78%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has improved from Dec 2024






