XSHE300196
Market cap557mUSD
Jan 10, Last price
9.98CNY
1D
-2.06%
1Q
-9.02%
Jan 2017
-46.94%
IPO
44.44%
Name
Jiangsu Changhai Composite Materials Co Ltd
Chart & Performance
Profile
Jiangsu Changhai Composite Materials Co., Ltd engages in the scientific research, development, production, sale, and service of fiberglass-based composite materials. It offers unsaturated polyester resins; reinforcements, including printed circuit board, and battery separator tissues; assembled, panel, SMC, and woven rovings; rovings for chopped strand mats and pultrusion; fiberglass wet chopped strands; coated tissue for polyurethane foams; woven meshes; chopping rovings for headliners; light weight chopped strand mats; and chopped strand mats. The company also provides non-woven technologies, such as coated tissues for gypsum sheathing; wall covering, carpet tiles, pipe, and roofing tissues; and surfacing veils, as well as batter separators, combotex roving, continuous fiber reinforced thermoplastic tapes, assemble roving and direct roving for thermoplastic, and BMC products. In addition, it offers chemical products comprising hydroxyproyl methacrylate, hydroxyethyl methacrylate-HEMA, hydroxypropyl acrylate-HPA, and hydroxyethyl acrylate-HEA. The company provides its products for various applications in automobile manufacturing, yachts, private facilities, storage tanks, pipeline coatings, cooling towers, architectural decoration, and others. It sells its products to approximately 30 countries and regions, including China, North America, South America, Europe, the Middle East, the Southeast Asia, the Oceania, Africa, and others. Jiangsu Changhai Composite Materials Co., Ltd was founded in 2000 and is based in Changzhou, China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 2,606,951 -13.59% | 3,017,026 20.37% | |||||||
Cost of revenue | 2,164,444 | 2,235,785 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 442,507 | 781,241 | |||||||
NOPBT Margin | 16.97% | 25.89% | |||||||
Operating Taxes | 41,069 | 15,314 | |||||||
Tax Rate | 9.28% | 1.96% | |||||||
NOPAT | 401,437 | 765,927 | |||||||
Net income | 296,084 -63.77% | 817,313 42.78% | |||||||
Dividends | (99,920) | (61,307) | |||||||
Dividend yield | 2.20% | 1.00% | |||||||
Proceeds from repurchase of equity | |||||||||
BB yield | |||||||||
Debt | |||||||||
Debt current | 37,116 | 1,359 | |||||||
Long-term debt | 872,308 | 646,348 | |||||||
Deferred revenue | 45,369 | ||||||||
Other long-term liabilities | 168,907 | 2 | |||||||
Net debt | (770,344) | (571,295) | |||||||
Cash flow | |||||||||
Cash from operating activities | 719,439 | 561,595 | |||||||
CAPEX | (685,445) | ||||||||
Cash from investing activities | (783,269) | ||||||||
Cash from financing activities | 307,938 | 93,738 | |||||||
FCF | 10,050 | 159,786 | |||||||
Balance | |||||||||
Cash | 1,674,768 | 1,190,166 | |||||||
Long term investments | 5,000 | 28,837 | |||||||
Excess cash | 1,549,420 | 1,068,152 | |||||||
Stockholders' equity | 3,254,956 | 3,444,319 | |||||||
Invested Capital | 4,279,871 | 3,860,817 | |||||||
ROIC | 9.86% | 22.07% | |||||||
ROCE | 7.59% | 15.78% | |||||||
EV | |||||||||
Common stock shares outstanding | 417,020 | 432,435 | |||||||
Price | 10.88 -23.00% | 14.13 -19.40% | |||||||
Market cap | 4,537,181 -25.75% | 6,110,313 -21.45% | |||||||
EV | 3,761,240 | 5,539,018 | |||||||
EBITDA | 662,723 | 973,502 | |||||||
EV/EBITDA | 5.68 | 5.69 | |||||||
Interest | 37,026 | 23,491 | |||||||
Interest/NOPBT | 8.37% | 3.01% |