Taihe Technologies

300801 · SHE · Basic Materials / Chemicals

17.93CNY-0.27 (-1.48%)

Price History

Full chart

Market Stats

Previous Close18.20

Open18.21

Day Range17.89 – 18.52

52-Week Range18.56 – 43.27

Volume2.93M

Market Cap4.67B

P/E (TTM)28.92

Forward P/E0.00

EPS0.74

Dividend Yield0.47%

Beta0.82

50-Day Avg22.53

200-Day Avg27.13

About

Shandong Taihe Technologies Co., Ltd. manufactures and sells water treatment chemicals in China and internationally. The company offers phosphonates antiscalants, corrosion inhibitors, and chelating agents; salts of phosphonates; polycarboxylic antiscalants and dispersants; biodegradable antiscalants and dispersants; biocide and algicide; built scale and corrosion inhibitors, and pretreatment filming agents; corrosion inhibitors; oxygen scavengers; reverse osmosis chemicals; and particles, low arsenic, electronic grade, and other products. It serves its products to power, metallurgy, chemical, oil extraction, papermaking, daily chemicals, textile printing and dyeing, and semiconductors industries. Shandong Taihe Technologies Co., Ltd. was founded in 2006 and is headquartered in Zaozhuang, China.

Company Details

SectorBasic Materials
IndustryChemicals
CEOMr. Quanhua Liu
Employees1.02K
HeadquartersNo.1, Shiliquan East Road, Zaozhuang, China, 277100, China
Websitehttps://www.thwater.com

Leadership

Mr. Quanhua LiuDeputy General Manager & Deputy Chief Engineer · b. 1972
Mr. Zhibo DingDeputy General Manager · b. 1982

Financials

Income Statement

Currency: CNY	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	553.74M	624.86M	909.04M	901.42M	896.85M	1.12B	1.24B	1.25B	1.53B	2.21B	2.73B	2.21B	2.36B	2.81B
Growth (%)	-	+12.84%	+45.48%	-0.84%	-0.51%	+24.61%	+11.38%	+0.04%	+22.78%	+44.49%	+23.44%	-19.12%	+6.93%	+19.13%
Cost of Revenue	424.50M	488.79M	705.10M	673.97M	691.58M	827.36M	843.18M	879.50M	1.19B	1.72B	2.10B	1.84B	2.02B	2.47B
Gross Profit	129.24M	136.07M	203.93M	227.45M	205.27M	290.17M	401.53M	365.72M	343.09M	485.38M	623.76M	360.73M	343.30M	341.35M
Gross Margin	23.34%	21.78%	22.43%	25.23%	22.89%	25.96%	32.26%	29.37%	22.44%	21.97%	22.87%	16.36%	14.56%	12.15%
Operating Expense	78.74M	91.64M	125.02M	168.09M	126.28M	172.00M	179.22M	160.91M	112.07M	162.00M	148.86M	180.86M	200.22M	187.11M
Operating Income	50.50M	44.43M	78.92M	59.36M	79.00M	118.16M	222.31M	204.81M	231.03M	323.38M	474.90M	179.87M	143.09M	154.25M
Operating Margin	9.12%	7.11%	8.68%	6.58%	8.81%	10.57%	17.86%	16.45%	15.11%	14.64%	17.41%	8.16%	6.07%	5.49%
EBITDA	58.68M	53.03M	91.82M	86.82M	120.40M	161.75M	276.20M	260.25M	301.25M	398.31M	554.81M	275.72M	244.10M	253.33M
EBITDA Margin	10.60%	8.49%	10.10%	9.63%	13.42%	14.47%	22.19%	20.90%	19.70%	18.03%	20.34%	12.50%	10.35%	9.02%
Net Income	41.85M	37.57M	66.96M	45.71M	66.87M	98.66M	186.12M	171.61M	195.19M	278.48M	397.63M	141.84M	120.58M	74.86M
Net Income Margin	7.56%	6.01%	7.37%	5.07%	7.46%	8.83%	14.95%	13.78%	12.77%	12.61%	14.58%	6.43%	5.11%	2.66%
R&D	-	20.57M	29.71M	29.68M	31.16M	43.39M	47.97M	46.64M	65.42M	79.74M	73.02M	67.66M	72.82M	77.26M
R&D as % of Total Revenue	-	3.29%	3.27%	3.29%	3.47%	3.88%	3.85%	3.75%	4.28%	3.61%	2.68%	3.07%	3.09%	2.75%
Interest Expense	3.50M	-	-	422.66K	934.20K	1.08M	939.70K	1.05M	1.30M	1.25M	7.41M	8.94M	7.74M	6.17M
Interest Expense % of Total Revenue	0.63%	-	-	0.05%	0.10%	0.10%	0.08%	0.08%	0.08%	0.06%	0.27%	0.41%	0.33%	0.22%

Balance Sheet

Currency: CNY	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	253.91M	302.03M	480.73M	598.73M	647.53M	762.26M	961.97M	1.94B	2.12B	2.56B	2.91B	3.12B	3.33B	3.12B
Total Liabilities	95.12M	85.46M	197.65M	219.57M	201.32M	217.64M	243.66M	210.77M	255.58M	440.37M	533.50M	746.35M	907.77M	627.52M
Total Equity	158.79M	216.56M	283.08M	379.16M	446.21M	544.62M	718.32M	1.73B	1.87B	2.12B	2.37B	2.37B	2.42B	2.50B
Cash	93.96M	56.68M	66.66M	90.17M	64.58M	143.92M	257.41M	928.04M	547.37M	873.98M	588.35M	473.24M	459.62M	458.26M
Total Debt	-	-	20.00M	-	295.00K	97.43M	127.42M	95.66M	131.55M	208.92M	161.96M	154.95M	95.89M	-
Net Debt	-93.96M	-56.68M	-46.66M	-90.17M	-64.28M	-46.49M	-129.99M	-832.38M	-415.83M	-665.05M	-426.39M	-318.29M	-363.73M	-

Cash Flow

Currency: CNY	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	41.30M	25.80M	84.62M	142.17M	40.36M	187.02M	219.67M	176.00M	203.22M	254.89M	476.75M	407.02M	297.28M	258.80M
Investing Cash Flow	-8.57M	-62.65M	-122.29M	-109.12M	-83.23M	-96.82M	-108.09M	-343.61M	-532.57M	94.44M	-557.67M	-369.76M	-275.25M	-
Financing Cash Flow	18.11M	19.50M	18.70M	-12.87M	116.45K	-1.41M	-12.60M	846.07M	-60.00M	-54.00M	-184.11M	-179.86M	-86.81M	-
Capital Expenditure	27.38M	50.96M	124.80M	120.19M	84.65M	97.01M	111.36M	186.92M	143.49M	116.76M	412.98M	318.99M	366.60M	324.04M
Free Cash Flow	13.92M	-25.16M	-40.18M	21.98M	-44.29M	90.01M	108.31M	-10.92M	59.73M	138.13M	63.78M	88.03M	-69.31M	-65.25M
Dividends Paid	1.19M	25.00M	1.30M	40.42M	78.55K	1.22M	12.60M	60.00M	60.00M	54.00M	86.40M	100.52M	52.06M	21.53M
FCF to OCF	33.71%	-97.52%	-47.49%	15.46%	-109.73%	48.13%	49.31%	-6.20%	29.39%	54.19%	13.38%	21.63%	-23.32%	-25.21%
Dividend Paid to FCF	8.53%	-99.36%	-3.23%	183.92%	-0.18%	1.35%	11.63%	-549.52%	100.45%	39.09%	135.47%	114.19%	-75.12%	-33.00%

Earnings

Report Date	Mar 30, 2020	Apr 30, 2020	Aug 15, 2020	Oct 22, 2020	Mar 17, 2021	Apr 20, 2021	Aug 5, 2021	Oct 25, 2021	Mar 7, 2022	Mar 31, 2022	Jun 30, 2022	Sep 30, 2022	Dec 31, 2022	Mar 31, 2023	Jun 30, 2023	Sep 30, 2023	Feb 19, 2024	May 30, 2024	Jun 30, 2024	Sep 30, 2024	Dec 31, 2024	Apr 18, 2025	Jun 30, 2025	Sep 30, 2025	Dec 31, 2025	Mar 31, 2026	Jun 30, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.17	0.22	0.36	0.23	0.09	0.17	0.16	0.22	0.74	0.58	0.54	0.40	0.33	0.15	0.13	0.26	0.12	0.20	0.06	0.14	0.17	0.13	0.13	0.15	-0.06	0.40	0.25
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	-	-	-	-	-	-	-	After-hours	After-hours	-	-	-	After-hours	-	-	-	-	-

Key Statistics & Ratios

Market Cap4.67B

Enterprise Value4.20B

Trailing P/E28.92

Forward P/E0.00

Price / Sales1.67

Price / Book1.81

EPS0.74

Book Value12.38

Revenue (TTM)2.79B

Gross Profit (TTM)452.12M

EBITDA374.47M

Profit Margin5.68%

Operating Margin11.72%

Return on Equity6.16%

Return on Assets5.03%

Shares Outstanding218.10M

Shares Float79.57M

Beta0.82

Dividend Yield0.47%

Dividend Rate0.10

Payout Ratio13.59%

Dividends

20261×

0.10May 20, 2026

20251×

0.10Apr 29, 2025

20243×

0.03Nov 18, 20240.05Sep 20, 20240.17Apr 30, 2024

20231×

0.47Apr 24, 2023

20221×

0.40Apr 8, 2022

20211×

0.25Apr 16, 2021

20201×

0.28Apr 9, 2020

Stock Splits

Apr 9, 20201.8:1