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Zhejiang Fulai New Material Co.Ltd.

605488 · SHG · Basic Materials / Specialty Chemicals

52.40CNY-4.33 (-7.63%)

Price History

Full chart

Market Stats

Previous Close56.73
Open56.60
Day Range51.70 – 56.60
52-Week Range21.25 – 48.47
Volume50.20M
Market Cap8.83B
P/E (TTM)105.07
Forward P/E0.00
EPS0.28
Dividend Yield0.51%
Beta0.78
50-Day Avg28.77
200-Day Avg33.61

About

Zhejiang Fulai New Materials Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of multifunctional coating composite materials in China and internationally. The company operates through five segments: Advertising Inkjet Printing Materials; Label and Marking Printing Materials; Electronic-Grade Functional Materials; Functional Base Film Materials; and Other. It offers self-adhesives PP, cold laminating, and backlit transparency films, as well as PVC, display rack, and water white/water permeable; basic film, digital printing, direct thermal, water-based inkjet, and special solutions; and ultra-thin, PET double-sided, mesh, and UV adhesion reduction tapes, as well as release film and silicone, acrylic, and PU protective films. The company also provides inkjet printing, lamination film decoration, home improvement protection, privacy protection, home decoration, and digital hot stamping; cup paper and lunch box paper, greaseproof paper, heat seal paper, and moisture resistant paper; and flexible sensors and sensing systems, including FOS resistive tactile sensing, FOI industrial inspection, FOH medical health monitoring, and FOB new energy battery monitoring systems. Its products are used in the production of advertising materials in shopping malls, supermarkets, buses, subways, exhibitions, and other places, as well as production of labels and identifications for food and beverages, daily chemical products, medical supplies, cold chain logistics, consumer electronics, automotive electronics, and new energy. The company was incorporated in 2009 and is headquartered in Jiaxing, China.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Yaobang Li
  • Employees1.83K
  • HeadquartersNo. 269, Liqun Road, Jiaxing, China, 314100, China
  • Websitehttps://www.fulai.com.cn

Leadership

  • Mr. Yaobang LiGM & Director · b. 1979
  • Mr. Yanan LiuFinancial Officer & Employee Representative Director · b. 1971
  • Mr. Sheng NieDeputy GM, Board Secretary & Director · b. 1987
  • Ms. Hua PanTechnical Director · b. 1978
  • Dr. Xiaoming YangChief Technical Expert

Financials

Income Statement

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.10B1.21B1.27B1.27B1.72B1.90B2.13B2.54B2.86B
Growth (%)-+10.56%+4.65%+0.05%+35.16%+10.85%+12.06%+19.23%+12.40%
Cost of Revenue840.23M964.90M998.73M1.01B1.42B1.66B1.85B2.21B2.48B
Gross Profit256.05M247.18M269.77M261.80M293.86M240.85M282.26M331.14M379.48M
Gross Margin23.36%20.39%21.27%20.63%17.13%12.67%13.25%13.03%13.29%
Operating Expense143.72M148.34M150.79M130.41M154.07M163.09M216.79M181.99M278.39M
Operating Income112.33M98.84M118.98M131.39M139.78M77.76M65.47M149.15M101.08M
Operating Margin10.25%8.15%9.38%10.35%8.15%4.09%3.07%5.87%3.54%
EBITDA125.47M106.35M131.85M163.78M170.68M104.89M123.56M250.69M213.26M
EBITDA Margin11.44%8.77%10.39%12.91%9.95%5.52%5.80%9.87%7.47%
Net Income84.20M73.85M102.72M120.36M127.49M75.47M70.15M139.19M77.28M
Net Income Margin7.68%6.09%8.10%9.48%7.43%3.97%3.29%5.48%2.71%
R&D40.11M44.26M44.80M43.23M59.98M65.74M92.50M92.78M122.17M
R&D as % of Total Revenue3.66%3.65%3.53%3.41%3.50%3.46%4.34%3.65%4.28%
Interest Expense5.03M5.75M3.71M2.74M1.91M1.70M16.19M23.57M21.21M
Interest Expense % of Total Revenue0.46%0.47%0.29%0.22%0.11%0.09%0.76%0.93%0.74%

Balance Sheet

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets628.95M626.09M647.35M812.66M1.60B1.86B2.89B3.50B3.63B
Total Liabilities370.10M343.39M279.93M384.58M506.19M751.14M1.56B2.00B1.98B
Total Equity258.85M282.70M367.42M427.78M1.03B1.05B1.27B1.42B1.57B
Cash103.82M98.49M88.16M152.34M277.07M440.48M534.30M335.01M358.47M
Total Debt53.80M66.90M47.58M48.86M16.08M325.29M805.76M1.08B-
Net Debt-50.02M-31.59M-40.58M-103.48M-261.00M-115.20M271.47M746.89M559.44M

Cash Flow

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow54.57M71.54M145.52M169.87M102.83M20.02M88.32M-7.04M270.68M
Investing Cash Flow-36.34M-23.63M-44.71M-41.65M-485.16M-48.71M-602.66M-699.61M-
Financing Cash Flow31.86M-57.54M-108.08M-60.08M451.43M239.21M588.32M445.99M-
Capital Expenditure27.50M33.51M55.27M46.84M139.79M353.59M672.24M704.80M322.04M
Free Cash Flow27.06M38.04M90.25M123.03M-36.95M-333.57M-583.92M-711.84M-51.36M
Dividends Paid2.88M14.96M59.02M60.00M60.00M60.00M53.57M64.92M82.20M
FCF to OCF49.60%53.16%62.02%72.42%-35.93%-1666.17%-661.13%10112.20%-18.97%
Dividend Paid to FCF10.64%39.32%65.39%48.77%-162.37%-17.99%-9.17%-9.12%-160.06%

Earnings

Report DateJun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate--------
EPS Actual0.180.200.110.110.090.140.090.08
Surprise--------
Timing--------

Key Statistics & Ratios

Market Cap8.83B
Enterprise Value9.56B
Trailing P/E105.07
Forward P/E0.00
Price / Sales2.73
Price / Book4.09
EPS0.28
Book Value7.37
Revenue (TTM)3.24B
Gross Profit (TTM)415.67M
EBITDA207.46M
Profit Margin2.42%
Operating Margin3.60%
Return on Equity4.13%
Return on Assets1.33%
Shares Outstanding299.99M
Shares Float158.57M
Beta0.78
Dividend Yield0.51%
Dividend Rate0.15
Payout Ratio53.57%

Dividends

20261×
0.15Jun 12, 2026
20252×
0.11May 30, 20250.07Jan 8, 2025
20241×
0.14Jun 19, 2024
20231×
0.14May 16, 2023
20221×
0.36Jun 8, 2022
20211×
0.25Sep 30, 2021

Stock Splits

  • May 30, 20251.4:1
  • Jun 8, 20221.45:1