SHANDONG HI-TECH SPRING MATERIAL T

301292 · SHE · Basic Materials / Chemicals

42.75CNY-1.33 (-3.02%)

Price History

Full chart

Market Stats

Previous Close44.08

Open44.60

Day Range42.50 – 45.20

52-Week Range54.66 – 74.20

Volume5.70M

Market Cap13.65B

P/E (TTM)49.42

Forward P/E0.00

EPS1.24

Dividend Yield0.00%

Beta-0.85

50-Day Avg63.12

200-Day Avg68.03

About

Shandong Hi-tech Spring Material Technology Co., Ltd. engages in the research, development, production, and sales of lithium battery electrolyte materials and consumer chemicals China and internationally. It offers dimethyl carbonate, ethyl methyl carbonate, diethyl carbonate, propene carbonate, ethylene carbonate, propylene glycol, 1,3-butanediol glycol, 1,2-hexanediol glycol, 1,2-pentanediol glycol, dipropylene glycol, tripropylene glycol, and ethylene glycol. The company's products are used in new energy and lithium batteries; beauty cosmetics and personal care; flavors or fragrances; food additives; basic chemicals; and human medicines, veterinary medicines, and pesticides. The company was founded in 2002 and is based in Dongying, China.

Company Details

SectorBasic Materials
IndustryChemicals
CEOMr. Junma Li
Employees1.14K
HeadquartersNo. 23, Zoucheng Road, Dongying, China, 257000, China
Websitehttps://www.hi-techspring.com

Leadership

Mr. Junma LiGM & Non-Independent Director · b. 1978
Mr. Bin Bin WeiDeputy GM, CFO, Secretary & Director · b. 1981
Jun XieAccounting Supervisor

Financials

Income Statement

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	3.03B	3.36B	3.61B	5.05B
Growth (%)	-	+11.01%	+7.49%	+39.64%
Cost of Revenue	2.42B	3.08B	3.61B	4.88B
Gross Profit	606.11M	283.98M	150.92K	163.16M
Gross Margin	20.01%	8.45%	0.00%	3.23%
Operating Expense	271.62M	225.26M	250.55M	286.88M
Operating Income	334.49M	58.71M	-250.40M	-123.71M
Operating Margin	11.04%	1.75%	-6.93%	-2.45%
EBITDA	449.12M	291.97M	22.01M	198.20M
EBITDA Margin	14.83%	8.68%	0.61%	3.93%
Net Income	283.94M	31.62M	-267.01M	-180.45M
Net Income Margin	9.37%	0.94%	-7.39%	-3.58%
R&D	126.45M	91.99M	152.47M	189.30M
R&D as % of Total Revenue	4.17%	2.74%	4.22%	3.75%
Interest Expense	19.91M	54.95M	65.76M	76.92M
Interest Expense % of Total Revenue	0.66%	1.63%	1.82%	1.52%

Balance Sheet

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	5.23B	6.97B	8.33B	8.07B
Total Liabilities	2.97B	3.69B	5.37B	5.33B
Total Equity	2.10B	3.13B	2.85B	2.65B
Cash	564.59M	1.01B	1.85B	749.84M
Net Debt	229.85M	542.37M	1.31B	1.76B

Cash Flow

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	487.85M	-62.08M	157.86M	-407.33M
Capital Expenditure	1.38B	1.05B	319.37M	124.81M
Free Cash Flow	-894.99M	-1.12B	-161.51M	-532.14M
Dividends Paid	13.60M	43.16M	65.41M	64.22M
FCF to OCF	-183.46%	1797.70%	-102.32%	130.64%
Dividend Paid to FCF	-1.52%	-3.87%	-40.50%	-12.07%

Earnings

Report Date	Sep 30, 2023	Dec 31, 2023	Mar 31, 2024	Jun 30, 2024	Sep 30, 2024	Dec 31, 2024	Mar 31, 2025	Jun 30, 2025	Sep 30, 2025	Dec 31, 2025	Mar 31, 2026	Jun 30, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.03	-0.14	-0.28	-0.22	-0.46	-0.24	-0.05	-0.14	-0.38	-0.24	0.91	0.96
Surprise	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap13.65B

Enterprise Value15.23B

Trailing P/E49.42

Forward P/E0.00

Price / Sales2.24

Price / Book4.21

EPS1.24

Book Value13.94

Revenue (TTM)6.09B

Gross Profit (TTM)783.28M

EBITDA757.20M

Profit Margin4.55%

Operating Margin14.61%

Return on Equity9.11%

Return on Assets3.17%

Shares Outstanding222.80M

Shares Float78.82M

Beta-0.85

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%