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Dawnrays Pharmaceutical (Holdings) Limited (2348) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Healthcare · Drug Manufacturers - Specialty & Generic · DATA UPDATED 2026-08-11

Dawnrays Pharmaceutical (Holdings) Limited (2348) operates in the Drug Manufacturers - Specialty & Generic industry and is headquartered in Wan Chai, Hong Kong with about 1,081 employees. Its market capitalization is roughly CNY 1 billion. In the fiscal year ended 2025-12-31, 2348 reported CNY 1.2B in revenue and CNY 214M in net income.

Dawnrays Pharmaceutical (Holdings) Limited, an investment holding company, develops, manufactures, and sells non-patented pharmaceutical medicines in Mainland China and internationally. It operates in two segments, Intermediates and Bulk Medicines, and Finished Drugs.

Interactive charts & full statements →

2348 Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-312022-12-312021-12-31
Total RevenueCNY 1.2BCNY 1.1BCNY 1.2BCNY 1.3B
Gross ProfitCNY 612MCNY 578MCNY 642MCNY 774M
Operating Income (EBIT)CNY 302MCNY 368MCNY 442MCNY 448M
Net IncomeCNY 214MCNY 565MCNY 326MCNY 358M

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

2348 Free Cash Flow History

Cash flow2025-12-312024-12-312023-12-312022-12-312021-12-31
Dividends Paid(CNY 133M)(CNY 111M)(CNY 117M)(CNY 100M)

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

2348 Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-312022-12-312021-12-31
Total AssetsCNY 4.0BCNY 4.0BCNY 3.6BCNY 3.7B
Total LiabilitiesCNY 624MCNY 683MCNY 763MCNY 1.0B

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive 2348 viewer.

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