60

Shanghai Smith Adhesive New

603683 · SHG · Basic Materials / Specialty Chemicals

17.15CNY-0.54 (-3.05%)

Price History

Full chart

Market Stats

Previous Close17.69
Open17.69
Day Range17.06 – 18.07
52-Week Range13.31 – 34.58
Volume21.03M
Market Cap4.38B
P/E (TTM)44.21
Forward P/E0.00
EPS0.34
Dividend Yield0.67%
Beta0.43
50-Day Avg15.77
200-Day Avg24.59

About

Shanghai Smith Adhesive New Material Co.,Ltd manufactures and sells various adhesive tapes and adhesives in China. The company offers industrial materials, including masking, duct, rice paper, electronics, foam, aluminum foil, covering, double sided, and kraft paper tapes, as well as BOPP tapes; electronic materials, which comprise PET, blue film, transfer, conductive, PE foam, tissue, and fireproof paper tapes; and functional film materials, comprising anti-reflection, anti-glare, OCA optical, high temperature and polyurethane protective films, functional and antistatic AB glue. It also provides thermal management composites, which include synthetic graphite high thermal and graphene thermal conductive films; and specialty paper products, as well as solvent and waterborne acrylic pressure sensitive adhesives. The company offers its products under the Ginnva brand. Its products are used in consumer electronics, transportation, new energy battery, architectural decoration, smart medical, household appliances, office and home, and other fields. The company also exports its products. Shanghai Smith Adhesive New Material Co.,Ltd was founded in 2006 and is headquartered in Shanghai, China.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Xiaonan Zhou
  • Employees1.80K
  • HeadquartersBuilding 11, Shanghai, China, 201600, China
  • Websitehttps://www.smithcn.com

Leadership

  • Mr. Xiaonan ZhouChairman of the Board of Directors & GM · b. 1969
  • Mr. Xiaodong ZhouVice Chairman of the Board of Directors & Deputy GM · b. 1964
  • Mr. Li YinChief Financial Officer & Accounting Supervisor · b. 1979
  • Ms. Qiumei BaiDirector & Deputy GM · b. 1967
  • Ms. Xiaochan PanSecretary of the Board of Directors · b. 1985
  • Mr. Zhangqin ZhengDeputy General Manager · b. 1979
  • Mr. Shusheng WangDeputy General Manager · b. 1982

Financials

Income Statement

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue529.46M619.25M688.88M610.20M656.72M727.53M880.89M931.39M1.04B1.39B1.41B1.56B1.88B2.17B
Growth (%)-+16.96%+11.24%-11.42%+7.63%+10.78%+21.08%+5.73%+11.53%+34.27%+1.37%+10.23%+20.94%+15.14%
Cost of Revenue430.17M469.06M508.82M457.48M483.38M553.60M726.30M793.11M842.58M1.17B1.22B1.31B1.57B1.79B
Gross Profit99.29M150.19M180.06M152.72M173.34M173.93M154.60M138.27M196.16M224.70M192.98M250.82M313.23M375.48M
Gross Margin18.75%24.25%26.14%25.03%26.40%23.91%17.55%14.85%18.88%16.11%13.65%16.09%16.62%17.30%
Operating Expense48.79M70.94M103.70M94.94M110.50M124.54M130.59M155.10M50.80M186.34M169.23M179.28M236.47M250.99M
Operating Income50.49M79.25M76.37M57.77M62.85M49.39M24.00M-16.83M145.36M38.37M23.75M71.54M76.76M124.49M
Operating Margin9.54%12.80%11.09%9.47%9.57%6.79%2.72%-1.81%13.99%2.75%1.68%4.59%4.07%5.74%
EBITDA51.29M81.87M88.57M68.32M89.55M80.33M58.63M36.61M119.27M123.19M117.85M150.93M160.60M193.27M
EBITDA Margin9.69%13.22%12.86%11.20%13.64%11.04%6.66%3.93%11.48%8.83%8.33%9.68%8.52%8.90%
Net Income36.89M53.22M58.99M46.28M51.56M41.58M22.97M3.47M155.50M31.68M5.82M56.57M67.03M89.32M
Net Income Margin6.97%8.59%8.56%7.59%7.85%5.71%2.61%0.37%14.97%2.27%0.41%3.63%3.56%4.12%
R&D17.93M18.84M29.54M23.52M29.27M31.89M25.36M33.18M39.23M61.77M47.41M55.41M67.29M85.88M
R&D as % of Total Revenue3.39%3.04%4.29%3.86%4.46%4.38%2.88%3.56%3.78%4.43%3.35%3.56%3.57%3.96%
Interest Expense0010.61M6.91M4.48M9.11M9.86M19.11M20.51M22.06M23.27M23.85M20.01M19.76M
Interest Expense % of Total Revenue0.00%0.00%1.54%1.13%0.68%1.25%1.12%2.05%1.97%1.58%1.65%1.53%1.06%0.91%

Balance Sheet

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets393.28M438.10M491.89M562.25M697.04M1.16B1.33B1.51B1.65B1.76B1.84B2.13B2.56B3.16B
Total Liabilities258.82M234.90M227.83M141.24M210.72M375.72M516.82M685.47M688.89M772.59M825.80M838.30M1.22B1.49B
Total Equity133.97M202.42M261.23M416.26M473.91M769.99M791.63M790.63M927.73M963.91M968.09M1.28B1.33B1.65B
Cash38.22M44.41M48.07M107.31M118.55M245.79M158.02M167.91M247.74M213.56M191.26M283.74M163.52M249.41M
Total Debt136.38M147.28M135.31M56.48M90.75M215.73M334.52M404.13M419.71M492.38M514.63M479.91M590.85M-
Net Debt98.16M102.86M87.24M-50.83M-27.79M-30.05M176.50M236.22M171.97M278.82M323.37M196.17M427.34M382.68M

Cash Flow

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow49.20M68.23M73.54M75.23M41.57M40.33M-9.26M88.24M77.76M126.19M191.64M147.83M276.20M199.84M
Investing Cash Flow-61.97M-73.48M-53.17M-39.19M-74.18M-259.84M-172.92M-118.07M56.16M-131.75M-129.77M-155.95M-333.25M-
Financing Cash Flow32.02M14.47M-19.28M18.02M24.51M335.56M120.71M25.91M-37.17M-20.86M-97.47M116.59M-68.17M-
Capital Expenditure27.58M19.57M28.83M81.20M74.41M180.72M160.74M207.44M76.45M110.94M97.48M152.88M409.12M169.21M
Free Cash Flow21.62M48.66M44.71M-5.97M-32.84M-140.39M-170.00M-119.19M1.31M15.25M94.16M-5.05M-132.92M30.63M
Dividends Paid8.69M11.86M8.84M5.38M3.05M10.37M20.19M6.33M15.00M6.53M9.87M38.77M26.95M44.82M
FCF to OCF43.94%71.31%60.80%-7.94%-78.99%-348.14%1836.77%-135.08%1.68%12.08%49.13%-3.41%-48.13%15.33%
Dividend Paid to FCF40.21%24.37%19.78%-89.98%-9.28%-7.38%-11.87%-5.31%1149.10%42.80%10.49%-768.31%-20.28%146.33%

Earnings

Report DateDec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Aug 25, 2020Oct 30, 2020Dec 31, 2020Apr 29, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate----------------------
EPS Actual0.050.020.060.000.020.000.02-0.010.00-0.010.120.160.570.080.040.030.000.00-0.010.030.010.04
Surprise----------------------
Timing----------------------

Key Statistics & Ratios

Market Cap4.38B
Enterprise Value5.52B
Trailing P/E44.21
Forward P/E0.00
Price / Sales1.87
Price / Book2.81
EPS0.34
Book Value5.98
Revenue (TTM)2.34B
Gross Profit (TTM)409.37M
EBITDA205.32M
Profit Margin4.27%
Operating Margin4.11%
Return on Equity5.44%
Return on Assets2.03%
Shares Outstanding291.38M
Shares Float187.19M
Beta0.43
Dividend Yield0.67%
Dividend Rate0.10
Payout Ratio29.00%

Dividends

20231×
0.09Jun 7, 2023
20221×
0.06May 17, 2022
20211×
0.04May 31, 2021
20201×
0.07Jun 3, 2020
20191×
0.03Jul 4, 2019
20181×
0.03Jul 3, 2018

Stock Splits

  • May 17, 20226:5
  • May 31, 20217:5