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Snowsky Salt Industry Group Co Ltd

Snowsky Salt Industry Group Co Ltd

600929 · SHG · Basic Materials / Chemicals

4.75CNY-0.03 (-0.63%)

Price History

Full chart

Market Stats

Previous Close4.78
Open4.78
Day Range4.72 – 4.83
52-Week Range4.48 – 7.33
Volume12.20M
Market Cap9.78B
P/E (TTM)149.00
Forward P/E0.00
EPS0.04
Dividend Yield0.25%
Beta0.57
50-Day Avg5.67
200-Day Avg5.84

About

Snowsky Salt Industry Group CO.,LTD engages in the research, development, production, and sale of salt and salt chemical products in China. It offers edible packaged salts, such as well, lake, and sea salts, as well as basic iodized refined salts, non-iodized refined salts, pickling salts, eco-friendly edible salts, seaweed iodized salts, seaweed iodized low-sodium salts, rock crystal salts, and freshwater salts. The company is also in involved plastic product manufacturing; provision of information consulting services, technical services, technology development, technical consulting, technical exchange, technology transfer, and technology promotion; housing rental; non-residential real estate rental; electrical equipment manufacturing; electrical equipment sale; advertising production; and advertising design and agency. In addition, it engages in manufacturing of basic chemical raw materials; sale of high-purity elements and compounds; manufacturing and sale of metallic materials; and sale of new functional metallic materials. The company was formerly known as Hunan Salt Industry Co., Ltd. Snowsky Salt Industry Group CO.,LTD was founded in 2011 and is headquartered in Changsha, China.

Company Details

  • SectorBasic Materials
  • IndustryChemicals
  • CEOMr. Shaohua Liu
  • Employees5.63K
  • HeadquartersNo. 388, Changsha, China, 410004, China
  • Websitehttps://www.snowskysalt.com.cn

Leadership

  • Mr. Shaohua LiuGM & Director · b. 1973
  • Ms. Qunhui ZhouCFO & Financial Director · b. 1973
  • Ms. Qing XuDeputy General Manager · b. 1975
  • Ms. Li XueEmployee Director · b. 1974
  • Mr. Xiaowei LiuDeputy General Manager · b. 1973
  • Mr. Youjun JiangDeputy General Manager · b. 1973

Financials

Income Statement

Currency: CNY2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.27B2.26B2.18B2.20B2.30B2.27B3.54B4.78B6.44B6.26B5.39B5.42B
Growth (%)--0.57%-3.68%+1.30%+4.49%-1.34%+55.63%+35.19%+34.74%-2.77%-13.90%+0.55%
Cost of Revenue1.18B1.12B1.02B1.17B1.21B1.23B2.77B3.41B4.26B4.33B3.97B4.20B
Gross Profit1.10B1.14B1.15B1.04B1.10B1.04B763.82M1.37B2.18B1.94B1.42B1.22B
Gross Margin48.25%50.57%52.97%47.03%47.62%45.75%21.60%28.75%33.84%30.90%26.30%22.51%
Operating Expense870.69M882.33M983.34M834.69M868.96M843.87M517.23M871.79M1.16B1.07B1.04B1.01B
Operating Income225.47M259.89M169.04M201.92M227.61M195.54M246.59M502.70M1.02B867.66M379.45M211.93M
Operating Margin9.92%11.51%7.77%9.16%9.88%8.61%6.97%10.52%15.78%13.86%7.04%3.91%
EBITDA493.13M588.30M425.00M432.57M446.39M392.39M582.91M924.84M1.46B1.29B853.16M744.26M
EBITDA Margin21.71%26.04%19.53%19.63%19.38%17.27%16.48%19.35%22.63%20.55%15.82%13.73%
Net Income164.69M203.67M138.59M151.92M142.38M147.00M191.94M401.71M769.20M708.75M303.83M77.02M
Net Income Margin7.25%9.02%6.37%6.89%6.18%6.47%5.43%8.40%11.94%11.32%5.64%1.42%
R&D36.24M36.72M37.09M63.42M91.30M87.87M102.96M187.88M239.94M229.93M247.09M226.06M
R&D as % of Total Revenue1.60%1.63%1.71%2.88%3.96%3.87%2.91%3.93%3.73%3.67%4.58%4.17%
Interest Expense43.34M73.18M67.15M5.02M30.78M27.38M35.77M38.26M31.12M17.95M24.68M23.19M
Interest Expense % of Total Revenue1.91%3.24%3.09%0.23%1.34%1.21%1.01%0.80%0.48%0.29%0.46%0.43%

Balance Sheet

Currency: CNY2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets3.32B3.50B3.27B3.10B3.57B3.60B4.57B8.38B9.35B11.21B10.97B12.36B
Total Liabilities1.78B1.79B1.49B1.16B1.01B984.01M1.71B3.18B2.73B3.04B2.77B3.83B
Total Equity1.41B1.57B1.66B1.81B2.39B2.48B2.72B5.04B6.21B7.66B7.63B7.54B
Cash366.71M643.12M523.12M216.52M256.85M186.44M483.42M713.04M1.25B2.36B1.90B2.38B
Total Debt861.65M1.03B721.87M576.43M471.03M488.80M890.64M1.20B469.90M292.14M356.34M-
Net Debt494.94M391.68M198.74M359.91M214.19M302.36M407.22M490.31M-783.02M-2.07B-1.55B-

Cash Flow

Currency: CNY2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow346.44M404.11M317.03M174.71M283.06M278.56M219.01M600.40M1.36B1.04B477.28M745.37M
Investing Cash Flow-184.86M32.51M-116.96M-133.35M-575.91M-264.27M-506.76M-1.09B-355.12M-915.63M-766.94M-
Financing Cash Flow-258.78M-122.39M-300.89M-347.10M317.29M-94.57M566.49M-176.67M-410.67M1.01B-182.69M-
Capital Expenditure96.52M224.78M133.05M144.66M310.29M331.42M360.06M725.46M1.04B815.20M773.78M540.32M
Free Cash Flow249.92M179.33M183.98M30.06M-27.23M-52.85M-141.05M-125.06M323.61M229.51M-296.50M205.06M
Dividends Paid93.04M104.27M112.92M44.74M76.03M43.13M15.60M73.42M270.20M368.16M351.38M152.97M
FCF to OCF72.14%44.38%58.03%17.20%-9.62%-18.97%-64.40%-20.83%23.75%21.97%-62.12%27.51%
Dividend Paid to FCF37.23%58.14%61.38%148.86%-279.23%-81.61%-11.06%-58.71%83.50%160.41%-118.51%74.60%

Earnings

Report DateMar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Feb 21, 2020Apr 29, 2020Aug 30, 2020Oct 30, 2020Dec 31, 2020Apr 23, 2021Aug 28, 2021Oct 29, 2021Dec 31, 2021Apr 26, 2022Aug 8, 2022Oct 25, 2022Dec 31, 2022Apr 24, 2023Aug 17, 2023
EPS Estimate----------------------
EPS Actual0.050.040.010.050.050.050.020.050.050.020.020.060.050.020.010.120.360.240.110.100.140.09
Surprise----------------------
Timing-------Pre-marketAfter-hoursAfter-hoursPre-market-Pre-marketPre-marketAfter-hours-After-hoursPre-marketPre-market-Pre-marketAfter-hours

Key Statistics & Ratios

Market Cap9.78B
Enterprise Value7.88B
Trailing P/E149.00
Forward P/E0.00
Price / Sales1.83
Price / Book1.31
EPS0.04
Book Value4.66
Revenue (TTM)5.34B
Gross Profit (TTM)1.19B
EBITDA679.95M
Profit Margin1.29%
Operating Margin5.83%
Return on Equity1.28%
Return on Assets0.61%
Shares Outstanding1.64B
Shares Float577.45M
Beta0.57
Dividend Yield0.25%
Dividend Rate0.02
Payout Ratio35.38%

Dividends

20231×
0.25Jun 5, 2023
20221×
0.20Jun 13, 2022
20211×
0.08May 31, 2021
20201×
0.02Jun 18, 2020
20191×
0.05Jul 12, 2019
20181×
0.05Jul 13, 2018