Merchant Express Class A (SHE:001965) — Stock Price

CN¥9.43 CNY
▼ -0.11% today

Merchant Express Class A (SHE:001965) is currently trading at CN¥9.43 CNY, down 0.11% today. Over the past 52 weeks, shares have ranged between CN¥8.72 and CN¥11.37. This page tracks Merchant Express Class A's live share price on the SHE exchange, its daily price and volume history, and — where reported — its income statement, balance sheet, cash flow statement, and earnings history. For company valuation and market capitalisation context, see 001965 market cap overview.

Merchant Express Class A (001965) Stock Price Chart — Daily History & Trading Volume

The chart below tracks Merchant Express Class A's daily closing share price and trading volume on the SHE exchange over the past year, giving a clear view of recent price momentum and liquidity.

Merchant Express Class A Income Statement — Revenue, Profit & Earnings by Year

Merchant Express Class A's annual income statement shows how revenue converts into profit each fiscal year, including gross profit, operating income, EBITDA, and net income.

Fiscal Year 20242023202220212020
Total Revenue CN¥12.71 Billion CN¥9.73 Billion CN¥8.30 Billion CN¥8.63 Billion CN¥7.07 Billion
Cost of Revenue CN¥8.38 Billion CN¥6.15 Billion CN¥5.39 Billion CN¥5.05 Billion CN¥4.60 Billion
Gross Profit CN¥4.33 Billion CN¥3.58 Billion CN¥2.91 Billion CN¥3.57 Billion CN¥2.47 Billion
Research & Development CN¥312.37 Million CN¥360.49 Million CN¥358.41 Million CN¥263.77 Million CN¥196.65 Million
SG&A CN¥127.81 Million CN¥120.08 Million CN¥102.34 Million CN¥85.20 Million CN¥81.56 Million
Total Operating Expenses CN¥-2.05 Billion CN¥-3.99 Billion CN¥-2.06 Billion CN¥-2.25 Billion CN¥-302.48 Million
Operating Income CN¥6.38 Billion CN¥7.57 Billion CN¥4.97 Billion CN¥5.83 Billion CN¥2.77 Billion
EBITDA CN¥7.06 Billion CN¥4.93 Billion CN¥3.83 Billion CN¥4.58 Billion CN¥3.50 Billion
EBIT CN¥3.12 Billion CN¥2.65 Billion CN¥2.08 Billion CN¥2.75 Billion CN¥1.79 Billion
Interest Expense CN¥1.86 Billion CN¥1.34 Billion CN¥1.17 Billion CN¥1.05 Billion CN¥1.25 Billion
Income Before Tax CN¥6.42 Billion CN¥7.60 Billion CN¥5.61 Billion CN¥5.94 Billion CN¥3.09 Billion
Income Tax Expense CN¥482.06 Million CN¥388.38 Million CN¥360.07 Million CN¥397.42 Million CN¥512.74 Million
Net Income CN¥5.32 Billion CN¥6.77 Billion CN¥4.86 Billion CN¥4.97 Billion CN¥2.22 Billion

Merchant Express Class A Balance Sheet — Assets, Liabilities & Shareholder Equity

The balance sheet below summarizes Merchant Express Class A's financial position at each fiscal year-end — what it owns (assets), what it owes (liabilities), and the resulting shareholder equity.

Fiscal Year 20242023202220212020
Total Assets CN¥159.17 Billion CN¥157.48 Billion CN¥114.94 Billion CN¥98.32 Billion CN¥94.01 Billion
Total Current Assets CN¥15.00 Billion CN¥14.47 Billion CN¥12.08 Billion CN¥11.63 Billion CN¥10.92 Billion
Cash & Equivalents — — — — —
Short-term Investments — CN¥-1.09 Billion CN¥-559.75 Million CN¥-4.44 Billion CN¥-3.51 Billion
Net Receivables CN¥4.26 Billion CN¥4.16 Billion CN¥3.68 Billion CN¥3.43 Billion CN¥3.07 Billion
Inventory CN¥338.71 Million CN¥367.49 Million CN¥310.83 Million CN¥216.84 Million CN¥279.10 Million
Property, Plant & Equipment — — — CN¥1.52 Billion CN¥1.87 Billion
Goodwill — CN¥18.97 Million CN¥18.97 Million CN¥18.97 Million CN¥18.97 Million
Total Liabilities CN¥70.39 Billion CN¥75.34 Billion CN¥47.26 Billion CN¥35.00 Billion CN¥34.28 Billion
Total Current Liabilities CN¥16.23 Billion CN¥17.21 Billion CN¥9.72 Billion CN¥9.73 Billion CN¥11.06 Billion
Long-term Debt CN¥47.85 Billion CN¥50.46 Billion CN¥32.58 Billion CN¥20.91 Billion CN¥19.13 Billion
Net Debt CN¥48.75 Billion CN¥52.87 Billion CN¥32.42 Billion CN¥19.81 Billion CN¥19.27 Billion
Total Stockholder Equity CN¥71.23 Billion CN¥65.05 Billion CN¥60.54 Billion CN¥58.33 Billion CN¥54.95 Billion
Retained Earnings CN¥26.05 Billion CN¥24.51 Billion CN¥20.48 Billion CN¥18.03 Billion CN¥14.41 Billion

Merchant Express Class A Cash Flow Statement — Operating, Investing & Financing Activities

This cash flow statement breaks down how Merchant Express Class A generates and spends cash across operating, investing, and financing activities each fiscal year, including free cash flow and capital expenditures.

Fiscal Year 20242023202220212020
Operating Cash Flow CN¥7.12 Billion CN¥4.44 Billion CN¥3.88 Billion CN¥4.62 Billion CN¥3.22 Billion
Capital Expenditures CN¥1.25 Billion CN¥538.88 Million CN¥748.16 Million CN¥767.60 Million CN¥1.49 Billion
Free Cash Flow CN¥5.87 Billion CN¥3.90 Billion CN¥3.13 Billion CN¥3.85 Billion CN¥1.73 Billion
Investing Cash Flow CN¥-1.69 Billion CN¥404.62 Million CN¥-4.19 Billion CN¥-2.41 Billion CN¥-6.49 Billion
Financing Cash Flow CN¥-5.16 Billion CN¥-285.09 Million CN¥-1.73 Billion CN¥-2.59 Billion CN¥1.76 Billion
Dividends Paid CN¥5.56 Billion CN¥3.93 Billion CN¥3.45 Billion CN¥2.17 Billion CN¥2.85 Billion
Stock-Based Compensation — — — — —
Depreciation CN¥4.32 Billion CN¥2.57 Billion CN¥1.99 Billion CN¥2.00 Billion CN¥1.75 Billion
Change in Cash CN¥286.38 Million CN¥4.56 Billion CN¥-2.02 Billion CN¥-417.17 Million CN¥163.83 Million

Merchant Express Class A Earnings History — EPS Actual vs. Analyst Estimates

Track Merchant Express Class A's quarterly earnings per share (EPS) against Wall Street estimates, along with the earnings surprise percentage for each reporting period.

Report Date EPS Actual EPS Estimate Surprise
Oct 27, 2025 0.22 — —
Aug 29, 2025 0.17 — —
Apr 29, 2025 0.15 — —
Oct 30, 2024 0.21 — —
Aug 30, 2024 0.21 — —
Apr 02, 2024 0.35 — —
Oct 30, 2023 0.23 — —
Aug 28, 2023 0.22 — —