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Jiangsu Changhai Compos Material

300196 · SHE · Basic Materials / Chemicals

14.40CNY-0.52 (-3.49%)

Price History

Full chart

Market Stats

Previous Close14.92
Open14.94
Day Range14.34 – 15.05
52-Week Range12.77 – 33.85
Volume9.39M
Market Cap7.01B
P/E (TTM)22.85
Forward P/E16.98
EPS0.75
Dividend Yield3.21%
Beta0.91
50-Day Avg17.64
200-Day Avg19.28

About

Jiangsu Changhai Composite Materials Co., Ltd engages in the research and development, production, and sale of glass fiber products and composite materials. It offers glass roving products, including felt yarn, SMC sheet, textile type direct, chopped fiber, winding type direct, jet, roof, plied drawn, and glass fiber chopped felt yarn, as well as plied yarn for pipe short cut, yarn for transparent plate, glass fiber for continuous pipes, and direct yarn for pultrusion and for weaving. The company also provides fiberglass products, such as glass chopped strand mats, glass fiber wet mats, fiberglass fabric, fiberglass coated mats, fiberglass partitions, fiberglass continuous mats, and fiberglass mesh; thermoplastic glass fiber and its products, including thermoplastic fiberglass, continuous fiber reinforced thermoplastic prepreg tapes, reinforced polypropylene composite boards, thermoplastic fiberglass, thermoplastic honeycomb composite panels, and thermoplastic foam insulation composite boards; and glass fiber for wind power and photovoltaic. In addition, it is involved in manufacturing unsaturated polyester resin; sale of methyl ethyl ketone peroxide, FRP products, chemical raw materials, and glass fiber raw materials; and testing, technical training, and consulting operations for FRP and its raw and auxiliary materials. The company sells its products in China, North America, South America, Europe, the Middle East, Southeast Asia, Oceania, Africa, and internationally. Jiangsu Changhai Composite Materials Co., Ltd was founded in 2000 and is based in Changzhou, China.

Company Details

  • SectorBasic Materials
  • IndustryChemicals
  • CEOMr. Peng Wei Yang
  • Employees3.07K
  • Headquarters308 Changhong East Road, Changzhou, China, 213102, China
  • Websitehttps://www.changhaigfrp.com

Leadership

  • Mr. Peng Wei YangGM & Director · b. 1982
  • Mr. Xixu ZhouAccounting Supervisor, CFO & Non-Independent Director · b. 1985
  • Mr. Zhou YuanlongDeputy GM & Non-Independent Director · b. 1967
  • Ms. Li Ping ShaoDeputy GM & Non-Independent Director · b. 1968
  • Mr. Weibing FeiVP & Board Secretary · b. 1981

Financials

Income Statement

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue162.14M234.58M263.37M376.40M443.59M601.99M919.71M1.11B1.52B1.77B2.03B2.20B2.21B2.04B2.51B3.02B2.61B2.66B3.14B
Growth (%)-+44.68%+12.27%+42.92%+17.85%+35.71%+52.78%+20.97%+36.26%+16.61%+14.67%+8.42%+0.54%-7.57%+22.71%+20.37%-13.59%+2.10%+17.92%
Cost of Revenue125.59M169.86M191.56M258.86M311.98M429.33M692.04M811.93M1.04B1.20B1.51B1.63B1.57B1.46B1.66B2.01B1.98B2.06B2.41B
Gross Profit36.55M64.72M71.81M117.54M131.61M172.66M227.67M300.68M472.44M563.57M513.43M566.12M642.79M579.09M842.33M1.01B622.48M600.63M733.72M
Gross Margin22.54%27.59%27.26%31.23%29.67%28.68%24.75%27.02%31.16%31.88%25.33%25.76%29.09%28.35%33.61%33.32%23.88%22.56%23.38%
Operating Expense23.68M34.40M35.80M61.51M65.03M73.88M105.77M139.72M238.56M257.56M280.12M262.59M312.98M269.31M181.98M173.24M284.81M293.27M329.83M
Operating Income12.88M30.32M36.00M56.03M66.58M98.78M121.90M160.96M233.88M306.01M233.31M303.54M329.81M309.79M660.34M832.15M337.67M307.35M403.89M
Operating Margin7.94%12.92%13.67%14.89%15.01%16.41%13.25%14.47%15.43%17.31%11.51%13.81%14.93%15.17%26.35%27.58%12.95%11.55%12.87%
EBITDA22.08M57.64M65.98M82.90M94.50M133.66M167.25M245.34M384.27M448.29M365.69M446.64M480.69M464.04M816.08M1.05B593.40M569.47M717.95M
EBITDA Margin13.62%24.57%25.05%22.02%21.30%22.20%18.18%22.05%25.35%25.36%18.04%20.32%21.75%22.72%32.56%34.72%22.76%21.39%22.87%
Net Income8.68M22.62M31.25M49.56M58.33M88.84M105.02M146.88M213.54M257.63M201.94M263.08M289.45M270.69M572.41M817.31M296.08M274.78M326.44M
Net Income Margin5.35%9.64%11.87%13.17%13.15%14.76%11.42%13.20%14.09%14.57%9.96%11.97%13.10%13.25%22.84%27.09%11.36%10.32%10.40%
R&D-6.09M6.52M-16.64M14.96M29.00M34.75M58.24M63.34M66.22M83.36M91.30M83.71M103.30M130.12M131.89M132.81M146.00M
R&D as % of Total Revenue-2.60%2.48%-3.75%2.49%3.15%3.12%3.84%3.58%3.27%3.79%4.13%4.10%4.12%4.31%5.06%4.99%4.65%
Interest Expense5.24M11.24M8.15M5.37M3.47M4.20M4.74M8.63M22.76M20.14M14.38M10.69M7.36M2.55M1.93M24.65M38.18M46.32M45.24M
Interest Expense % of Total Revenue3.23%4.79%3.09%1.43%0.78%0.70%0.51%0.78%1.50%1.14%0.71%0.49%0.33%0.13%0.08%0.82%1.46%1.74%1.44%

Balance Sheet

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets331.59M361.04M384.99M417.47M957.04M1.18B1.43B1.54B2.27B3.03B3.10B3.14B3.19B3.88B4.70B5.57B6.31B7.12B7.41B
Total Liabilities235.59M191.59M178.43M164.19M118.97M277.46M418.85M396.20M754.64M711.15M651.09M609.64M453.85M917.09M1.21B1.32B1.85B2.50B2.60B
Total Equity58.55M143.95M175.21M224.76M805.63M870.48M975.59M1.10B1.29B2.27B2.41B2.47B2.68B2.96B3.49B4.25B4.46B4.63B4.81B
Cash38.55M31.17M35.58M60.21M442.64M120.73M93.92M124.42M216.49M405.94M611.53M540.88M624.28M1.24B750.80M1.05B1.39B1.38B1.49B
Total Debt146.71M110.00M110.50M70.00M20.50M106.70M122.37M145.10M450.96M402.82M236.50M186.00M70.59M470.35M464.11M646.40M909.42M916.37M-
Net Debt114.98M108.83M74.92M9.79M-422.14M-14.02M28.45M20.68M234.47M-3.12M-375.03M-354.88M-553.69M-773.32M-286.69M-405.60M-98.96M-460.76M-

Cash Flow

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-8.93M47.20M63.63M79.48M103.91M172.69M118.71M136.63M295.43M329.25M377.71M194.51M379.12M433.36M598.00M561.60M719.44M447.86M139.63M
Investing Cash Flow-173.63M-88.97M-28.18M-19.23M-159.63M-531.56M-153.57M-97.63M-179.13M-616.69M50.96M-624.00K-85.48M-201.72M-1.04B-474.92M-774.88M-361.82M-
Financing Cash Flow163.52M35.22M-37.65M-45.87M465.07M38.51M10.93M-9.43M-32.01M461.38M-243.65M-255.15M-207.02M418.49M-72.44M93.74M307.94M-123.79M-
Capital Expenditure173.63M72.13M28.18M19.24M159.66M441.41M116.44M65.98M84.95M26.88M207.39M289.40M79.44M267.51M1.09B786.11M685.45M629.44M362.72M
Free Cash Flow-182.56M-24.94M35.45M60.24M-55.74M-268.72M2.27M70.65M210.48M302.38M170.32M-94.89M299.68M165.85M-494.92M-224.51M33.99M-181.58M-223.09M
Dividends Paid5.17M11.24M8.15M5.37M7.97M28.20M4.74M30.96M41.16M49.23M77.34M52.21M88.22M67.75M42.80M61.31M99.92M89.64M147.90M
FCF to OCF2044.39%-52.83%55.71%75.79%-53.65%-155.61%1.91%51.71%71.24%91.84%45.09%-48.78%79.04%38.27%-82.76%-39.98%4.73%-40.54%-159.77%
Dividend Paid to FCF-2.83%-45.08%22.99%8.92%-14.30%-10.49%208.50%43.83%19.56%16.28%45.41%-55.02%29.44%40.85%-8.65%-27.31%293.93%-49.37%-66.30%

Earnings

Report DateApr 19, 2012Aug 7, 2012Oct 23, 2012Feb 27, 2013Jul 28, 2014Oct 24, 2014Feb 3, 2015Apr 22, 2015Aug 18, 2015Oct 23, 2015Feb 29, 2016Apr 25, 2016Aug 25, 2016Oct 28, 2016Feb 27, 2017Apr 25, 2017Aug 29, 2017Oct 25, 2017Apr 27, 2018Aug 27, 2018Oct 26, 2018Feb 25, 2019Apr 26, 2019Aug 27, 2019Oct 25, 2019Apr 7, 2020Jul 30, 2020Oct 27, 2020Apr 26, 2021Aug 20, 2021Oct 27, 2021Apr 20, 2022Aug 17, 2022Oct 24, 2022Apr 10, 2023Aug 17, 2023Oct 25, 2023Apr 17, 2024Aug 23, 2024Oct 25, 2024Apr 18, 2025Oct 30, 2025Apr 27, 2026Aug 24, 2026
EPS Estimate0.060.070.070.11----------------------------------------
EPS Actual0.040.060.060.070.100.110.100.100.140.170.140.130.200.160.150.140.110.140.100.160.200.160.130.220.220.140.160.180.180.380.400.280.490.410.490.320.190.020.170.190.180.210.200.18
Surprise-33.33%-14.29%-14.29%-36.36%----------------------------------------
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-market-Pre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-market-Pre-marketPre-market---

Key Statistics & Ratios

Market Cap7.01B
Enterprise Value7.90B
Trailing P/E22.85
Forward P/E16.98
PEG Ratio0.00
Price / Sales2.13
Price / Book1.64
EPS0.75
Book Value11.97
Revenue (TTM)3.29B
Gross Profit (TTM)765.65M
EBITDA730.74M
Profit Margin9.38%
Operating Margin11.93%
Return on Equity6.47%
Return on Assets3.31%
Shares Outstanding408.96M
Shares Float177.16M
Beta0.91
Dividend Yield3.21%
Dividend Rate0.55
Payout Ratio93.60%

Dividends

20262×
0.20Sep 9, 20260.35May 15, 2026
20252×
0.10Sep 26, 20250.20May 29, 2025
20241×
0.15May 29, 2024
20231×
0.20May 24, 2023
20221×
0.15May 25, 2022
20211×
0.10May 18, 2021
20201×
0.15May 20, 2020
20191×
0.20May 24, 2019
20181×
0.10May 18, 2018
20171×
0.15May 31, 2017
20161×
0.07May 23, 2016
20151×
0.05Apr 23, 2015
20141×
0.06May 7, 2014
20121×
0.06May 18, 2012

Stock Splits

  • Sep 27, 201720:10
  • May 7, 201416:10