YOLFTbeta
68

Hunan Changyuan Lico Co Ltd

688779 · SHG · Industrials / Electrical Equipment & Parts

6.42CNY-0.17 (-2.58%)

Price History

Full chart

Market Stats

Previous Close6.59
Open6.56
Day Range6.42 – 6.68
52-Week Range6.65 – 12.72
Volume16.28M
Market Cap14.37B
P/E (TTM)22.58
Forward P/E0.00
EPS0.33
Dividend Yield0.56%
Beta0.81
50-Day Avg7.76
200-Day Avg9.15

About

Minmetals New Energy Materials(Hunan)Co.,Ltd. is involved in the research, development, production, and sale of battery materials. The company offers ternary cathode materials, multi-material precursors, multi-material positive electrode materials, multi-component cathode materials, lithium iron phosphate, lithium cobalt oxide and other lithium battery cathode materials, spherical nickel and nickel-metal hydride battery cathode materials. It also offers processing services. The company was formerly known as Hunan Changyuan Lico Co.,Ltd. and changed its name to Minmetals New Energy Materials(Hunan)Co.,Ltd. in August 2025. The company was founded in 2002 and is based in Changsha, China.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Zhen Zhang
  • Employees2.35K
  • HeadquartersNo. 61, Yangao Road, Changsha, China, 410205, China
  • Websitehttps://www.cylico.com

Leadership

  • Mr. Zhen ZhangGM & Director · b. 1972
  • Mr. Wei Wen LiCFO, Accounting Supervisor & General Counsel · b. 1967
  • Mr. Ke ZengDeputy GM & Secretary · b. 1984
  • Mr. Min HeDeputy General Manager · b. 1980
  • Mr. Zexing HuDeputy General Manager · b. 1977
  • Mr. Zhi Bing HuDpt Chief Eng (precursor), Technology Research Institute & AssisT to the Dean & Minister of R&D Dept · b. 1982
  • Ms. Haiyan ZhangChief Engineer (Precursor) & VP of R&D Center (Technology Research Institute) · b. 1979
  • Mr. Yao ZhouDeputy Chief engineer (cathode material), Technical Research, Assistant to the Dean of the Institute · b. 1979
  • Mr. Tingjie LiuR&D Center (Technology Research Institute) R&D Department I · b. 1986
  • Mr. Lijun MengDeputy Director of R&D Department I of the R&D Center (Technical Research Institute) · b. 1987

Financials

Income Statement

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.69B2.64B2.77B2.01B6.84B17.98B10.73B5.54B9.34B
Growth (%)-+56.55%+4.81%-27.31%+240.25%+162.75%-40.31%-48.37%+68.62%
Cost of Revenue1.35B2.23B2.31B1.72B5.70B15.52B10.40B5.49B9.25B
Gross Profit339.44M411.37M451.78M285.73M1.14B2.46B331.40M46.89M86.57M
Gross Margin20.14%15.59%16.33%14.21%16.68%13.69%3.09%0.85%0.93%
Operating Expense129.62M212.35M233.60M175.67M365.67M813.28M549.69M499.60M0
Operating Income209.82M199.02M218.18M110.06M775.36M1.65B-218.28M-452.71M86.57M
Operating Margin12.45%7.54%7.89%5.47%11.33%9.16%-2.03%-8.17%0.93%
EBITDA258.98M262.32M303.26M232.71M922.29M1.87B150.03M32.20M465.08M
EBITDA Margin15.36%9.94%10.96%11.57%13.48%10.39%1.40%0.58%4.98%
Net Income179.22M180.98M206.23M109.79M700.64M1.49B-124.47M-507.58M228.04M
Net Income Margin10.63%6.86%7.46%5.46%10.24%8.29%-1.16%-9.16%2.44%
R&D54.56M118.19M165.24M102.21M286.55M660.52M376.60M232.61M267.69M
R&D as % of Total Revenue3.24%4.48%5.97%5.08%4.19%3.67%3.51%4.20%2.87%
Interest Expense24.94M25.66M893.16K979.34K12.65M34.90M86.30M146.54M138.64M
Interest Expense % of Total Revenue1.48%0.97%0.03%0.05%0.18%0.19%0.80%2.65%1.48%

Balance Sheet

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.35B3.48B3.89B4.67B9.40B17.66B14.16B12.85B16.17B
Total Liabilities1.45B807.05M826.33M1.50B2.88B9.54B6.61B5.81B8.92B
Total Equity904.27M2.68B3.07B3.18B6.52B8.12B7.55B7.04B7.26B
Cash146.15M396.92M366.40M237.73M1.28B4.89B3.84B2.65B2.77B
Total Debt702.82M2.00M5.00M13.00M43.74M3.57B3.61B3.18B-
Net Debt556.66M-394.92M-361.40M-224.73M-1.24B-1.32B-228.82M530.60M522.80M

Cash Flow

Currency: CNY2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow6.63M144.66M55.75M44.62M-632.17M303.09M106.10M262.47M239.22M
Investing Cash Flow-144.77M-791.36M-159.83M-223.47M-957.85M-467.50M-648.28M-850.47M-
Financing Cash Flow206.53M939.71M71.41M-5.63M2.66B3.68B-465.08M-570.92M-
Capital Expenditure145.33M791.51M159.57M223.82M958.07M468.03M648.98M338.53M132.62M
Free Cash Flow-138.71M-646.85M-103.82M-179.20M-1.59B-164.94M-542.88M-76.07M106.60M
Dividends Paid20.08M42.05M109.93M626.10K1.01M215.04M458.09M23.25M32.50M
FCF to OCF-2092.27%-447.14%-186.23%-401.59%251.55%-54.42%-511.64%-28.98%44.56%
Dividend Paid to FCF-14.48%-6.50%-105.89%-0.35%-0.06%-130.38%-84.38%-30.56%30.49%

Earnings

Report DateOct 26, 2021Feb 16, 2022Apr 26, 2022Aug 29, 2022Oct 16, 2022Feb 27, 2023Apr 24, 2023
EPS Estimate-------
EPS Actual0.090.370.160.240.180.190.00
Surprise-------
TimingPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap14.37B
Enterprise Value16.16B
Trailing P/E22.58
Forward P/E0.00
Price / Sales1.01
Price / Book1.95
EPS0.33
Book Value3.92
Revenue (TTM)14.25B
Gross Profit (TTM)1.30B
EBITDA1.20B
Profit Margin4.44%
Operating Margin8.26%
Return on Equity8.68%
Return on Assets3.26%
Shares Outstanding1.93B
Shares Float1.07B
Beta0.81
Dividend Yield0.56%
Dividend Rate0.04
Payout Ratio12.54%

Dividends

20261×
0.04Jun 18, 2026
20231×
0.23Jun 15, 2023
20221×
0.11May 26, 2022