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Ningbo Changhong Polymer Scientific & Technical Inc

Ningbo Changhong Polymer Scientific & Technical Inc

605008 · SHG · Basic Materials / Specialty Chemicals

10.71CNY-0.09 (-0.83%)

Price History

Full chart

Market Stats

Previous Close10.80
Open10.88
Day Range10.63 – 11.01
52-Week Range10.20 – 19.30
Volume2.22M
Market Cap8.86B
P/E (TTM)0.00
Forward P/E0.00
EPS-0.10
Dividend Yield0.00%
Beta0.32
50-Day Avg13.07
200-Day Avg12.67

About

Ningbo Changhong Polymer Scientific and Technical Inc., together with its subsidiaries, engages in the research, development, production, and sale of styrene-based thermoplastic elastomers in China and internationally. The company offers styrene-butadiene-styrene (SBS) block copolymers for polymer modifiers, adhesives, asphalt modifiers, and rubber products; styrene-ethylene-butylene-styrene (SEBS) block copolymers for toothbrush handles, plastic runways, toys, medical equipment, wire rods, wires and cables, and yoga mats; styrene-isoprene-styrene (SIS) block copolymers for hot melt adhesives, pressure-sensitive adhesives, and adhesion between composite bags; and styrene-ethylene-propylene-styrene (SEPS) block copolymers for cosmetics, lubricating oil viscosity index modifiers, optical fiber and cable filling ointments, and high-transparent medical materials. It also provides PBAT/PBT series products, black masterbatch and other products, and calcium carbonate series products. In addition, the company engages in scientific research and technical services; accommodation and catering; and leasing and business services. Ningbo Changhong Polymer Scientific and Technical Inc. was founded in 2012 and is based in Ningbo, China.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Zhengbo Wang
  • Employees799
  • HeadquartersNo. 21, Jingyong Road, Ningbo, China, 315803, China
  • Websitehttps://www.changhongpolymer.com.cn

Leadership

  • Mr. Zhengbo WangGeneral Manager · b. 1971
  • Mr. Sheng Yao ShenCFO & Deputy General Manager · b. 1972
  • Mr. Hua BaiDeputy GM, Secretary of the Board of Directors & Director · b. 1978
  • Mr. Xiangdong ZhangDeputy General Manager · b. 1968
  • Liang MaAccounting Supervisor

Financials

Income Statement

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue475.24M491.28M1.02B1.16B1.30B1.73B2.37B1.42B3.63B3.92B
Growth (%)-+3.37%+107.75%+13.39%+12.09%+33.62%+36.83%-40.30%+156.63%+7.96%
Cost of Revenue379.29M375.21M756.58M840.17M891.01M1.36B1.99B1.28B3.31B3.63B
Gross Profit95.95M116.07M264.06M317.17M406.27M368.97M383.52M139.30M321.78M289.99M
Gross Margin20.19%23.63%25.87%27.40%31.32%21.29%16.17%9.84%8.86%7.39%
Operating Expense25.26M34.92M55.72M71.21M41.97M135.04M191.25M36.14M225.00M197.95M
Operating Income70.69M81.15M208.35M245.95M364.30M233.93M192.27M103.15M96.78M92.04M
Operating Margin14.87%16.52%20.41%21.25%28.08%13.50%8.11%7.29%2.66%2.35%
EBITDA104.74M120.77M250.59M297.27M432.82M303.32M375.41M298.63M334.49M289.88M
EBITDA Margin22.04%24.58%24.55%25.69%33.36%17.50%15.83%21.09%9.21%7.39%
Net Income59.10M69.46M181.17M215.17M301.63M184.98M180.46M95.01M94.22M-7.99M
Net Income Margin12.44%14.14%17.75%18.59%23.25%10.67%7.61%6.71%2.59%-0.20%
R&D20.79M16.65M37.57M45.55M41.50M57.47M86.18M55.12M117.69M126.63M
R&D as % of Total Revenue4.38%3.39%3.68%3.94%3.20%3.32%3.63%3.89%3.24%3.23%
Interest Expense717.17K2.39M909.46K2.33M8.47M20.68M56.47M58.91M78.66M103.54M
Interest Expense % of Total Revenue0.15%0.49%0.09%0.20%0.65%1.19%2.38%4.16%2.16%2.64%

Balance Sheet

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets562.13M674.33M1.01B1.33B2.28B3.42B3.81B4.70B5.16B6.32B
Total Liabilities131.84M65.45M218.60M320.21M528.97M1.60B1.80B2.64B3.17B4.33B
Total Equity430.29M608.89M790.38M1.01B1.75B1.82B2.00B2.06B1.99B1.98B
Cash29.73M77.96M210.69M169.17M423.56M497.03M358.08M434.92M278.63M348.57M
Total Debt50.00M18.50M105.00M150.24M334.86M1.08B1.41B1.84B1.97B-
Net Debt20.27M-59.46M-105.69M-18.93M-88.70M585.92M1.06B1.40B1.69B1.84B

Cash Flow

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow110.13M57.99M129.00M175.82M52.61M-61.35M74.12M232.93M348.64M-114.82M
Investing Cash Flow-83.22M-64.29M-97.70M-262.39M-404.77M-468.78M-501.93M-687.22M-768.59M-
Financing Cash Flow-15.58M62.72M104.54M25.40M631.37M602.71M274.71M515.10M165.71M-
Capital Expenditure83.22M66.82M97.70M314.08M204.82M673.56M501.93M687.22M477.24M349.67M
Free Cash Flow26.90M-8.83M31.30M-138.26M-152.20M-734.91M-427.81M-454.29M-128.61M-464.49M
Dividends Paid50.58M2.28M462.56K4.60M11.59M114.71M57.73M58.54M266.80M92.96M
FCF to OCF24.43%-15.23%24.27%-78.63%-289.28%1197.87%-577.18%-195.03%-36.89%404.54%
Dividend Paid to FCF188.02%-25.87%1.48%-3.33%-7.61%-15.61%-13.49%-12.89%-207.46%-20.01%

Earnings

Report DateOct 29, 2020Apr 9, 2021Aug 31, 2021Oct 29, 2021Apr 27, 2022Aug 29, 2022Oct 28, 2022Apr 26, 2023
EPS Estimate--------
EPS Actual0.120.220.040.120.040.070.080.12
Surprise--------
TimingPre-marketPre-market-Pre-marketPre-marketAfter-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap8.86B
Enterprise Value11.97B
Trailing P/E0.00
Forward P/E0.00
Price / Sales2.44
Price / Book4.80
EPS-0.10
Book Value2.99
Revenue (TTM)3.63B
Gross Profit (TTM)221.65M
EBITDA232.01M
Profit Margin-1.88%
Operating Margin-3.24%
Return on Equity-3.45%
Return on Assets-0.06%
Shares Outstanding645.96M
Shares Float102.85M
Beta0.32
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20241×
0.31Jun 14, 2024
20211×
0.18May 20, 2021

Stock Splits

  • May 20, 20211.4:1