1. People's Republic of China Stocks

  2. •

    Basic Materials

  3. •

    Chemicals
Wuxi Honghui New Materials Technology Co., Ltd.

Wuxi Honghui New Materials Technology Co., Ltd.

002802.SZ
Wuxi Honghui New Materials Technology Co., Ltd.CN flagShenzhen Stock Exchange
10.43
CNY
-0.50
- -
1.85BMarket Cap
Wuxi Honghui New Materials Technology Co., Ltd.
002802.SZ
(Shenzhen Stock Exchange)

Recent

price

10.43

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.34
2.28
2.12
2.22
2.14
1.98
2.14
2.84
2.96
3.05
4.16
2.87
2.05
2.54
2.2
1.6
Revenue per Share
0.38
0.43
0.3
0.22
0.33
0.33
0.4
0.4
0.49
0.51
0.48
0.47
0.28
0.33
0.23
0.18
Basic EPS, GAAP
-0.37
-0.51
0.27
0.14
0.35
0.29
-0.07
0.13
0.51
0.45
0.33
0.96
0.42
0.09
0.43
-0.03
Free Cash Flow per Basic Share
0.3
0.06
0.2
0.01
0.01
0.11
0.09
0.21
0.58
0.47
0.29
0.24
0.47
0.37
0.1
- -
Dividend per Share
0.7
1.09
1.18
1.38
1.68
1.82
1.86
2
1.86
1.9
2.07
2.43
2.42
2.38
2.5
2.52
Book Value per Share
0.79
1.04
1.16
1.39
1.73
3.18
3.09
3.14
2.89
3.04
3.23
3.63
3.46
3.29
3.38
3.39
Tangible Book Value per Share
136
136
137
137
137
159
182
182
182
179
180
180
182
180
179
183
Basic Weighted Avg Shares
318
311
291
306
293
315
389
518
538
545
749
516
373
456
393
293
Sales/Revenue/Turnover
20.13
22.6
16.28
11.76
18.36
17.31
17.05
14.15
17.37
19.31
12.89
16.45
13.18
13.36
10.74
10.79
Operating Margin (%)
- -
- -
13
15
14
15
17
21
26
26
28
25
22
20
20
- -
Depreciation Expense
52
59
41
31
45
53
72
73
88
92
86
85
51
59
41
33
Net Income, GAAP
16.35
15.05
14.77
13.67
14.1
13.91
13.96
12.85
14.49
14.57
13.34
12.46
16.26
13.78
12.91
11.72
Effective Tax Rate (%)
16.43
18.93
14.26
10.11
15.51
16.72
18.56
14.16
16.41
16.87
11.47
16.37
13.65
13.01
10.47
11.34
Profit Margin (%)
70
23
38
77
130
395
398
384
354
373
435
482
471
439
471
499
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
129
188
205
236
281
548
605
613
567
582
621
690
666
626
640
653
Total Equity
- -
27.77
16.69
12.15
15.62
10.8
9.88
10.51
13.57
15.63
13.9
11.33
6.06
8.11
5.79
4.29
Return on Invested Capital (%)
- -
35.34
21.93
15.37
19.02
19.25
23.04
20.5
25.11
27.08
24.16
20.88
11.59
13.64
9.41
7.39
Return on Capital (%)
- -
48.11
26.71
17.59
21.61
20.28
23.04
20.87
25.06
27.08
24.14
20.9
11.59
13.65
9.41
7.39
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
182
181
Market Capitalization
2,431
2,360
2,350

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
517
539
Cash, Cash Equivalents & STI
- -
367
386
Accounts Receivable, Net
- -
61
62
Inventories
- -
25
24
Total Current Liabilities
- -
46
40
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.22%
2.11%
2.26%
Free Cash Flow
26.43%
82.7%
382.12%
Net Income, GAAP
1.72%
-12.39%
-30.45%
Sales/Revenue/Turnover
5.67%
-2.56%
-13.64%
Total Cash Common Dividend
128.9%
-10.98%
-73.03%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
70
140
133
112
456
2025
94
103
- -
96
393
2026
94
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.33
2025
0.06
- -
- -
- -
0.23
2026
0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.37
2025
- -
- -
- -
- -
0.1
2026
- -
- -
- -
- -
- -
Similar Companies
Indian Emulsifiers Ltd. (IEML.NS)
Covestro AG (1CO.MU)
Sree Rayalaseema Hi-Strength Hypo Limited (SRHHYPOLTD.NS)
Shandong Yanggu Huatai Chemical Co., Ltd. (300121.SZ)
Indorama Ventures Public Company Limited (IVL-R.BK)
Lecron Industrial Development Group Co., Ltd. (300343.SZ)
Business
Wuxi Honghui New Materials Technology Co., Ltd. (002802.SZ) engages in the research, development, production, and sales of specialty vinyl chloride copolymers and related emulsions, primarily serving the inks, coatings, adhesives, and plastic processing industries. The company offers a comprehensive range of products including vinyl chloride-vinyl acetate binary copolymer resins; carboxyl-containing ternary copolymer resins; hydroxyl-containing ternary copolymer resins; vinyl chloride copolymer emulsions; modified water-based emulsions such as waterborne epoxy and acrylic emulsions; and plastic processing resins like those used for color chips, PVC flooring, magnetic cards, and building materials. These products find applications in gravure inks, screen printing inks, retort inks, food packaging coatings, pharmaceutical sealing glues, cigarette packaging inks, paints, PVC product coatings, and adhesives, with an annual production capacity of 100,000 tons for vinyl resins and 60,000 tons for water-based products. Founded in 2001 and headquartered at No. 1 Minxiang Road, Donggang Town, Xishan District, Wuxi City, Jiangsu Province, China, the company operates primarily in domestic markets while exporting to North America, Europe, Southeast Asia, the Middle East, and East Asia including Japan and South Korea. It maintains a workforce of approximately 276-307 employees and holds recognitions as a Jiangsu high-tech enterprise, provincial enterprise technology center, and provincial engineering technology research center, emphasizing independent innovation and R&D with dedicated platforms and senior technical personnel. In recent developments, the company authorized a share repurchase program on August 15, 2025, to buy back up to CNY 20 million worth of shares at no more than CNY 15.9 per share, with repurchased shares to be canceled following shareholder approval at an Extraordinary General Meeting on September 5, 2025; this initiative aims to reduce registered share capital using internal funds over a six-month period. Additionally, Wuxi Xigang Qixing Technology Partnership Enterprise (Limited Partnership) completed the acquisition of a 29.99% stake in the company, marking a significant ownership change. The firm continues to focus on expanding its water-based resin offerings and technological advancements to meet diversified customer needs in green chemical materials.