1. People's Republic of China Stocks

  2. •

    Basic Materials

  3. •

    Chemicals
Shandong Haihua Co.,Ltd

Shandong Haihua Co.,Ltd

000822.SZ
Shandong Haihua Co.,LtdCN flagShenzhen Stock Exchange
4.88
CNY
-0.04
- -
4.37BMarket Cap
Shandong Haihua Co.,Ltd
000822.SZ
(Shenzhen Stock Exchange)

Recent

price

4.88

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
7.95
8.33
5.51
4.82
5.29
4.02
3.82
5.41
5.92
5.1
4.09
7.51
10.87
9.56
6.13
5.3
4.92
Revenue per Share
0.05
0.43
-0.58
-1.26
0.18
0.14
-0.14
0.77
0.66
0.18
-0.28
0.84
1.24
1.17
0.04
-1.55
-0.47
Basic EPS, GAAP
0.66
0.38
0.25
0.07
0.9
0.18
0.31
-0.09
0.28
0.61
-0.58
0.9
1.02
-0.58
1.53
-0.31
-0.2
Free Cash Flow per Basic Share
0.15
0.12
0.24
0.13
0.11
0.02
0.01
- -
0.05
0.2
0.09
0.11
0.17
0.1
0.1
0.02
0.01
Dividend per Share
1.79
2.11
1.45
0.19
0.33
0.49
0.35
1.11
1.66
1.6
1.24
2.07
3.01
4.08
3.67
2.47
3.51
Book Value per Share
3.87
4.18
3.54
2.17
2.23
2.48
2.34
3.05
3.67
3.58
3.24
4.28
4.49
5.67
5.17
4.02
4.99
Tangible Book Value per Share
871
904
897
896
918
876
879
890
889
906
901
894
894
892
980
895
950
Basic Weighted Avg Shares
6,923
7,534
4,943
4,315
4,856
3,523
3,361
4,817
5,263
4,621
3,688
6,712
9,712
8,528
6,013
4,745
4,677
Sales/Revenue/Turnover
5.01
8.97
-9.36
-7.62
4.3
6.06
5.65
16.05
10.56
4.92
-1.9
14.95
14.06
15.36
4.14
-3.72
-2.14
Operating Margin (%)
437
550
521
486
365
230
223
217
215
286
311
292
309
314
320
354
- -
Depreciation Expense
44
389
-520
-1,129
165
123
-123
685
587
163
-252
751
1,108
1,044
39
-1,388
-443
Net Income, GAAP
41.85
26.45
- -
- -
22.53
36.39
- -
1.62
5.06
24.5
- -
26.82
22.77
22.68
19.13
- -
- -
Effective Tax Rate (%)
0.63
5.16
-10.52
-26.16
3.4
3.48
-3.66
14.22
11.15
3.53
-6.84
11.18
11.41
12.24
0.65
-29.24
-9.47
Profit Margin (%)
-1,627
-697
-1,108
-1,039
29
300
491
963
1,182
1,042
699
1,332
1,346
2,200
1,997
-855
1,462
Working Capital
75
120
80
300
- -
- -
- -
- -
- -
- -
10
14
99
390
437
650
298
LT Debt
3,579
3,963
3,322
2,083
2,143
2,265
2,142
2,801
3,344
3,331
3,013
3,938
4,127
5,161
5,181
3,811
4,927
Total Equity
3.32
8.66
- -
- -
4.81
5.07
- -
31.31
17.43
5.2
- -
20.81
25.43
20.49
3.57
- -
- -
Return on Invested Capital (%)
2.32
12.8
- -
- -
17.72
16.19
- -
113.83
48.83
11.35
- -
49.87
47.77
31.07
1.27
- -
- -
Return on Capital (%)
2.85
22.41
-32.43
-153.68
69.47
33.42
-33.56
106.34
47.64
11.15
-19.72
50.73
48.85
32.97
1.08
-47.84
-12.45
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
40
39
169
LT Borrowings
216
202
72
LT Finance Leases
221
224
226
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
895
895
895
Market Capitalization
5,200
5,331
5,598

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
4,810
4,706
4,445
Cash, Cash Equivalents & STI
2,417
2,492
2,661
Accounts Receivable, Net
7
123
135
Inventories
569
792
606
Total Current Liabilities
2,813
2,800
2,983
Payables & Accruals
- -
- -
- -
ST Debt
40
39
169
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.93%
6.9%
-26.45%
Free Cash Flow
-144.69%
-180.94%
-118.56%
Net Income, GAAP
-528.85%
-818.02%
-3,638.09%
Sales/Revenue/Turnover
7.96%
12.79%
-21.07%
Total Cash Common Dividend
- -
-7.15%
-79.56%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,843
1,630
1,345
1,194
6,013
2025
1,024
1,114
1,182
- -
4,745
2026
1,103
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
- -
- -
- -
0.04
2025
-0.07
- -
- -
- -
-1.55
2026
-0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.1
2025
- -
- -
- -
- -
0.02
2026
0.01
- -
- -
- -
- -
Similar Companies
Jiang Su Suyan Jingshen Co.,Ltd. (603299.SS)
FSPG Hi-Tech Co. Ltd. (000973.SZ)
Kyungin Synthetic Co., Ltd. (012610.KS)
Grupa Azoty Zaklady Chemiczne Police S.A. (PCE.WA)
Anhui Hyea Aromas Co., Ltd. (300886.SZ)
PT Surya Biru Murni Acetylene Tbk (SBMA.JK)
Business
Shandong Haihua Co., Ltd. (000822.SZ) manufactures and sells basic chemical products, primarily focusing on marine-derived salt chemicals including soda ash, caustic soda, raw salt, bromine, calcium chloride, baking soda, and sodium bicarbonate; it also produces polyvinyl chloride (PVC), liquid chlorine, petrochemical derivatives such as ethyl acetate and aniline, and provides cogeneration power services. The company operates four major business segments—salt chemicals, energy, petrochemicals, and new materials—primarily utilizing underground brine resources in China, with exports to international markets and production concentrated in a single-factory setup that leads domestically in soda ash output. Founded in 1995 through the merger of Weifang Soda Factory and Shandong Yangkou Salt Farm, Shandong Haihua Co., Ltd. listed on the Shenzhen Stock Exchange in July 1998 and maintains headquarters in Weifang Binhai Economic and Technological Development Zone, Weifang City, Shandong Province, as the listed arm of Shandong Haihua Group Co., Ltd., currently controlled by Weifang Investment Group Co., Ltd. following a 2020 equity transfer. Recent developments include the completion of its acquisition of 100% equity in Shandong Haihua Chlor-Alkali Resin Co., Ltd., alongside an ongoing plan announced in August 2025 to invest 2.3 billion yuan for a 29% stake in an alkaline mining firm, and progress toward delisting as part of strategic restructuring efforts.