YOLFTbeta
Xi'an Manareco New Materials Co.Ltd

Xi'an Manareco New Materials Co.Ltd

688550 · SHG · Basic Materials / Specialty Chemicals

29.77CNY-1.67 (-5.31%)

Price History

Full chart

Market Stats

Previous Close31.44
Open31.31
Day Range29.63 – 31.85
52-Week Range34.30 – 62.70
Volume2.86M
Market Cap6.29B
P/E (TTM)23.05
Forward P/E0.00
EPS1.55
Dividend Yield2.86%
Beta0.81
50-Day Avg38.22
200-Day Avg43.92

About

Xi'an Manareco New Materials Co.,Ltd manufactures and markets display materials. It offers organic light-emitting diode materials and monomer liquid crystals; drug intermediates and active pharmaceutical ingredients; and electronic chemicals, such as semiconductor photoresist monomers, TFT flat layer photoresist, film material monomers, and polyimide monomer. The company was founded in 1999 and is based in Xi'an, China.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Xiaowei Wang
  • Employees1.72K
  • HeadquartersHigh-tech Zone, Xi'an, China, 710077, China
  • Websitehttps://www.xarlm.com

Leadership

  • Mr. Xiaowei WangGM, Chief Engineer & Director · b. 1974
  • Mr. Tao ChenChief Financial Officer · b. 1985
  • Mr. Yinbin WangDeputy GM, Chief Accountant & Board Secretary · b. 1975
  • Mr. Jiangbo YuanDeputy General Manager · b. 1982
  • Mr. Zongxue HuDeputy General Manager · b. 1985
  • Mr. Zhan HuDeputy General Manager · b. 1984
  • Mr. Quan ZhouDeputy General Manager · b. 1975
  • Mr. Xiaobo QianDeputy General Manager · b. 1982
  • Ms. Tong ZhaoQuality Inspection Director · b. 1970
  • Mr. Qiang GuoLCD R&D Manager · b. 1978

Financials

Income Statement

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue350.71M411.31M499.45M557.66M719.10M856.57M990.23M1.05B1.53B1.48B1.21B1.46B1.68B
Growth (%)-+17.28%+21.43%+11.65%+28.95%+19.12%+15.60%+6.00%+45.35%-2.96%-18.39%+20.74%+14.95%
Cost of Revenue249.28M280.75M331.74M346.04M468.85M576.09M615.27M639.05M1.02B921.63M800.92M851.39M923.64M
Gross Profit101.43M130.55M167.72M211.62M250.26M280.48M374.96M410.56M507.40M558.75M407.24M607.31M1.68B
Gross Margin28.92%31.74%33.58%37.95%34.80%32.74%37.87%39.12%33.26%37.74%33.71%41.63%100.00%
Operating Expense113.45M109.99M139.24M147.57M160.03M173.37M202.49M202.31M235.14M283.20M258.37M314.76M1.32B
Operating Income-12.02M20.57M28.48M64.05M90.22M107.10M172.47M208.25M272.26M275.55M148.87M292.54M357.67M
Operating Margin-3.43%5.00%5.70%11.49%12.55%12.50%17.42%19.84%17.85%18.61%12.32%20.06%21.33%
EBITDA56.96M85.09M82.03M117.04M137.08M170.53M258.47M289.75M353.13M378.41M293.59M449.74M514.71M
EBITDA Margin16.24%20.69%16.42%20.99%19.06%19.91%26.10%27.61%23.15%25.56%24.30%30.83%30.70%
Net Income-5.73M24.88M22.61M56.38M78.01M94.64M148.46M175.41M239.78M246.54M134.18M251.72M310.83M
Net Income Margin-1.63%6.05%4.53%10.11%10.85%11.05%14.99%16.71%15.72%16.65%11.11%17.26%18.54%
R&D28.05M---25.14M27.98M38.90M42.30M83.31M104.41M94.54M107.68M124.52M
R&D as % of Total Revenue8.00%---3.50%3.27%3.93%4.03%5.46%7.05%7.83%7.38%7.43%
Interest Expense27.48M21.39M17.99M12.18M11.60M17.21M17.70M11.58M1.09M2.29M680.52K841.36K238.38K
Interest Expense % of Total Revenue7.84%5.20%3.60%2.18%1.61%2.01%1.79%1.10%0.07%0.15%0.06%0.06%0.01%

Balance Sheet

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets683.54M856.26M1.04B837.77M961.98M1.24B1.24B2.92B3.83B3.34B3.32B3.40B3.65B
Total Liabilities495.94M536.89M653.70M396.53M462.74M671.60M566.67M232.98M975.93M384.95M383.25M372.53M360.46M
Total Equity187.61M319.37M384.85M441.23M499.24M563.89M672.35M2.69B2.85B2.96B2.94B3.03B3.29B
Cash124.40M211.40M209.03M167.24M127.26M200.09M155.16M1.31B1.33B837.60M629.46M666.03M633.81M
Total Debt280.46M275.00M381.06M233.00M268.00M366.00M309.48M40.00M302.96M10.01M10.01M10.07M-
Net Debt156.06M63.60M172.03M65.76M140.74M165.91M154.32M-1.27B-1.02B-827.59M-619.45M-655.96M-

Cash Flow

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow46.65M49.38M46.27M97.34M99.92M175.79M144.43M191.86M179.27M193.63M449.35M418.85M344.60M
Investing Cash Flow-20.98M-40.20M-174.33M103.68M-117.83M-160.19M-78.16M-548.96M-1.10B169.74M-458.29M-178.22M-
Financing Cash Flow-7.36M77.70M68.84M-181.03M8.53M1.34M-94.36M1.55B225.74M-465.38M-150.30M-188.12M-
Capital Expenditure21.38M22.11M67.78M65.51M127.58M159.77M79.84M140.07M405.77M517.49M268.03M163.00M85.36M
Free Cash Flow25.27M27.27M-21.51M31.83M-27.66M16.02M64.59M51.79M-226.50M-323.85M181.32M255.85M259.23M
Dividends Paid13.25M17.63M32.82M18.28M31.47M46.49M57.61M11.64M80.00M118.55M117.34M81.33M101.85M
FCF to OCF54.16%55.23%-46.48%32.70%-27.69%9.12%44.72%27.00%-126.35%-167.25%40.35%61.08%75.23%
Dividend Paid to FCF52.45%64.66%-152.60%57.44%-113.76%290.13%89.20%22.47%-35.32%-36.61%64.71%31.79%39.29%

Earnings

Report DateOct 26, 2020Feb 25, 2021Apr 25, 2021Aug 15, 2021Oct 24, 2021Feb 23, 2022Apr 19, 2022Aug 15, 2022Oct 27, 2022Feb 26, 2023Apr 20, 2023
EPS Estimate-----------
EPS Actual0.420.530.510.520.680.720.814.710.490.380.14
Surprise-----------
TimingPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap6.29B
Enterprise Value5.70B
Trailing P/E23.05
Forward P/E0.00
Price / Sales3.71
Price / Book2.06
EPS1.55
Book Value18.86
Revenue (TTM)1.69B
Gross Profit (TTM)681.04M
EBITDA448.68M
Profit Margin16.07%
Operating Margin18.05%
Return on Equity8.46%
Return on Assets4.95%
Shares Outstanding176.07M
Shares Float99.06M
Beta0.81
Dividend Yield2.86%
Dividend Rate1.02
Payout Ratio58.06%

Dividends

20262×
0.12Sep 3, 20260.90May 28, 2026
20251×
0.59May 27, 2025
20242×
0.12Sep 5, 20240.45Jun 14, 2024
20231×
0.92May 30, 2023
20221×
0.93Jun 17, 2022
20211×
0.45Jun 15, 2021

Stock Splits

  • Jun 14, 20241.3:1
  • May 30, 20231.4:1
  • Jun 17, 20221.4:1