68

Changzhou Fusion New Material Co. Ltd. A

688503 · SHG · Technology / Solar

48.80CNY-3.00 (-5.79%)

Price History

Full chart

Market Stats

Previous Close51.80
Open52.98
Day Range48.13 – 53.90
52-Week Range49.49 – 135.76
Volume14.92M
Market Cap16.84B
P/E (TTM)99.37
Forward P/E0.00
EPS0.70
Dividend Yield0.62%
Beta1.48
50-Day Avg74.99
200-Day Avg86.21

About

Changzhou Fusion New Material Co., Ltd. engages in the research and development, production, and sale of conductive silver paste, electronic component paste, conductive adhesive, and semiconductor materials for photovoltaic industry in China and internationally. The company manufactures special electronic and metal materials; optoelectronic devices; synthetic materials; electronic raw materials and products; and electronic slurries; and provides technical services, technology development, technology consulting, technology exchange, environmentally friendly and energy-saving materials, technology transfer, and technology promotion services. It is also involved in the import and export of technology, goods, and agency; sale of integrated circuit chips and chemical products; sales of power distribution switch control equipment; energy storage technology services; battery sales; sales of solar thermal power generation products; solar power generation technology services; and manufacturing and sale of graphite and carbon, rubber, and sealing packing products, as well as optoelectronic devices. In addition, the company offers technical support services for its products. Its products are used in various fields, including electronic components, 5G filters, electrochromic glass, flexible circuits, energy storage, optical communications, consumer electronics, and other fields. Changzhou Fusion New Material Co., Ltd. was founded in 2015 and is headquartered in Changzhou, China.

Company Details

  • SectorTechnology
  • IndustrySolar
  • CEOMr. Yiwei Ao
  • Employees748
  • HeadquartersNo. 66 Liuyanghe Road, Changzhou, China, 213031, China
  • Websitehttps://www.fusion-materials.com

Leadership

  • Mr. Yiwei AoGM & Director · b. 1982
  • Mr. Chunnan LinCFO & Board Secretary · b. 1990
  • Mr. Okamoto KuninoriDeputy GM, CTO & Director · b. 1960
  • Mr. Ning LiHead of the Marketing Department & Employee Representative Director · b. 1983
  • Mr. Hao LiuDeputy GM & Director · b. 1973
  • Mr. Jian YaoHead of the Manufacturing Department & Director · b. 1982
  • Mr. Wen Bin JuDeputy General Manager · b. 1986

Financials

Income Statement

Currency: CNY2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.50B5.08B6.50B10.29B12.49B14.59B
Growth (%)-+103.14%+27.94%+58.21%+21.35%+16.86%
Cost of Revenue2.16B4.55B5.75B9.28B11.40B13.52B
Gross Profit344.73M532.96M751.53M1.01B1.09B1.07B
Gross Margin13.77%10.48%11.55%9.82%8.70%7.32%
Operating Expense163.67M222.89M295.33M408.15M373.67M347.79M
Operating Income181.07M310.06M456.20M602.01M712.64M721.11M
Operating Margin7.23%6.10%7.01%5.85%5.71%4.94%
EBITDA--496.71M604.50M575.43M573.42M
EBITDA Margin--7.64%5.87%4.61%3.93%
Net Income124.25M246.78M391.21M442.08M418.01M419.68M
Net Income Margin4.96%4.85%6.01%4.30%3.35%2.88%
R&D93.37M160.59M214.39M294.48M309.92M254.63M
R&D as % of Total Revenue3.73%3.16%3.30%2.86%2.48%1.74%
Interest Expense23.14M31.31M31.26M41.22M26.05M25.00M
Interest Expense % of Total Revenue0.92%0.62%0.48%0.40%0.21%0.17%

Balance Sheet

Currency: CNY2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.49B2.86B5.81B7.50B7.98B11.98B
Total Liabilities500.44M1.63B1.26B2.58B3.33B6.98B
Total Equity988.96M1.24B4.55B4.92B4.64B5.01B
Cash29.99M107.42M773.19M748.80M622.08M1.60B
Net Debt315.96M1.16B-1.18B1.97B4.18B

Cash Flow

Currency: CNY2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-815.21M-1.06B-1.21B-2.66B-895.48M-3.07B
Capital Expenditure68.71M87.55M158.68M100.64M223.44M255.68M
Free Cash Flow-883.92M-1.15B-1.37B-2.76B-1.12B-3.32B
Dividends Paid27.13M5.54M3.92M61.48M184.78M111.63M
FCF to OCF108.43%108.27%113.06%103.78%124.95%108.33%
Dividend Paid to FCF-3.07%-0.48%-0.29%-2.22%-16.51%-3.36%

Earnings

Report DateMar 1, 2023Apr 19, 2023
EPS Estimate--
EPS Actual0.541.11
Surprise--
Timing-Pre-market

Key Statistics & Ratios

Market Cap16.84B
Enterprise Value24.95B
Trailing P/E99.37
Forward P/E0.00
Price / Sales0.90
Price / Book4.05
EPS0.70
Book Value20.78
Revenue (TTM)18.76B
Gross Profit (TTM)1.08B
EBITDA573.47M
Profit Margin0.81%
Operating Margin-4.67%
Return on Equity3.11%
Return on Assets2.76%
Shares Outstanding242.03M
Shares Float171.77M
Beta1.48
Dividend Yield0.62%
Dividend Rate0.43
Payout Ratio61.71%

Dividends

20261×
0.43Jun 18, 2026
20251×
0.43Jun 12, 2025
20241×
1.13Jun 11, 2024
20231×
0.36May 25, 2023

Stock Splits

  • Jun 11, 20241.48:1
  • May 25, 20231.48:1