Jiangsu Kuangshun Photosensitivity New-Material Stock Co., Ltd.

Jiangsu Kuangshun Photosensitivity New-Material Stock Co., Ltd.

300537.SZ
Jiangsu Kuangshun Photosensitivity New-Material Stock Co., Ltd.CN flagShenzhen Stock Exchange
26.34
CNY
-1.59
- -
5.47BMarket Cap
Jiangsu Kuangshun Photosensitivity New-Material Stock Co., Ltd.
300537.SZ
(Shenzhen Stock Exchange)

Recent

price

26.34

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
2.23
2.24
2.26
2.07
1.89
2.58
3.31
4.19
3.9
3.21
2.65
2.63
2.59
2.4
2.45
Revenue per Share
- -
0.34
0.41
0.34
0.34
0.3
0.35
0.29
0.37
-1.11
-2.13
-0.17
0.04
-0.16
0.07
-0.23
Basic EPS, GAAP
- -
-0.04
0.13
0.14
- -
0.11
-0.02
0.06
-0.26
0.32
-0.05
-0.11
-0.17
-0.27
0.24
-0.06
Free Cash Flow per Basic Share
- -
0.06
0.15
0.12
0.2
0.07
0.09
0.14
0.1
0.12
0.04
0.03
0.03
0.03
0.02
0.02
Dividend per Share
- -
1.15
1.17
1.16
1.45
1.66
2.15
2.12
2.41
1.22
-0.91
-1.1
-1
-1.12
0.16
-1.02
Book Value per Share
- -
1.6
1.62
1.47
1.79
3.18
3.23
2.39
2.47
2.88
2.48
2.37
3.35
3.3
4.07
4.07
Tangible Book Value per Share
- -
110
120
119
121
143
174
193
193
193
193
188
194
200
200
200
Basic Weighted Avg Shares
180
245
270
268
250
271
449
639
809
753
619
498
510
518
482
491
Sales/Revenue/Turnover
16.52
20.86
23.66
18.63
20.83
21.24
17.59
16.31
12.06
6.48
-6.28
-6.55
10.8
12.67
7.58
9.05
Operating Margin (%)
- -
- -
3
4
4
6
10
24
29
32
31
31
23
35
33
- -
Depreciation Expense
20
38
49
40
42
42
61
55
72
-214
-411
-32
7
-32
14
-46
Net Income, GAAP
25.62
16.18
16.8
15.18
15.54
16.64
9.92
9.26
17.82
- -
- -
- -
9.72
735.06
28.92
65.62
Effective Tax Rate (%)
11.34
15.45
18.11
14.96
16.61
15.65
13.66
8.61
8.92
-28.45
-66.34
-6.43
1.35
-6.19
2.84
-9.44
Profit Margin (%)
68
150
164
144
146
355
344
212
188
322
226
131
231
214
377
367
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
6
1
1
51
1
- -
2
2
LT Debt
96
180
199
201
243
481
1,238
1,275
1,332
1,103
689
648
782
760
909
915
Total Equity
- -
28.03
27
20.5
19.98
13.76
8.1
7.24
6
- -
- -
- -
6.11
-48.65
2.81
- -
Return on Invested Capital (%)
- -
34.35
36.67
28.83
26.4
20.41
17.53
12.29
12.87
- -
- -
- -
-181.5
280.7
39.51
368.66
Return on Capital (%)
- -
35.93
36.65
28.83
26.47
20.5
20.03
14.05
16.52
-61.21
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
160
182
167
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
8
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
200
200
200
Market Capitalization
3,960
3,669
5,138

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
619
639
780
Cash, Cash Equivalents & STI
182
209
355
Accounts Receivable, Net
224
212
237
Inventories
78
82
78
Total Current Liabilities
405
409
413
Payables & Accruals
- -
- -
- -
ST Debt
160
182
167
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.95%
-1.2%
19.61%
Free Cash Flow
166.23%
-15.75%
-188.97%
Net Income, GAAP
-115.9%
-165.95%
-142.66%
Sales/Revenue/Turnover
9.55%
-8.08%
-7.07%
Total Cash Common Dividend
-2%
-17.89%
-6.6%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
117
144
126
132
518
2025
107
127
133
- -
482
2026
114
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
- -
- -
- -
-0.16
2025
0.05
- -
- -
- -
0.07
2026
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.03
2025
0.01
- -
- -
- -
0.02
2026
- -
- -
- -
- -
- -
Business
Jiangsu Kuangshun Photosensitivity New-Material Stock Co., Ltd. (300537.SZ), also known as Guangxin Materials, researches, develops, produces, and sells photo-curing electronic chemicals, including photoresists and specialty coatings, primarily serving the printed circuit board, display, semiconductor, photovoltaic, consumer electronics, automotive, and metal packaging industries in China and internationally. Founded in 2006 and headquartered in Jiangyin, Jiangsu Province, China, the company listed on the Shenzhen Stock Exchange GEM board in August 2016 and employs approximately 505 people. Its core products encompass photoresists such as PCB photoresists, display photoresists, semiconductor photoresists, photovoltaic adhesives, PV package and insulating adhesives, and supporting reagents including liquid photosensitive solder resist inks, UV curing solder resist inks, UV curable marking inks, heat curing solder resist inks, heat curing marking inks, and UV curable acid and etch resistant inks; coating solutions cover consumer electronics structural components like 3C vibration wear-resistant, cosmetic packaging, and color-adding plating combinations, automotive interior/exterior coatings, heavy anticorrosive and offshore equipment coatings, PVC floor coatings, functional film coatings for optical/electronic/decorative films (including high water droplet angle wear-resistant coatings, projection screen water-based coatings, high-hardness transparent acrylic coatings, high refractive index display products, self-cleaning weather-resistant PC skylight coatings, and antibacterial/antiviral skin-feel coatings), and metal packaging coatings such as UV-curable external and internal coatings for cans compliant with Chinese food regulations and FDA standards. In recent developments, the company's functional film materials and metal packaging segments achieved substantial revenue growth of 269.63% to RMB 35.21 million in the first half of 2024, with PCB photoresists comprising 59.60% of overall revenue; it released 2025 semi-annual results showing revenue of RMB 233 million (down 10.38% year-over-year) and net profit of RMB 13.54 million (down 51.38%), alongside advancements like Dragon Nan base self-made modified resin production reaching about 2,000 tons annually, passage of NORSOK M-501 testing for marine engineering coatings, contacts from photovoltaic firms expanding BC battery capacity, CSRC approval for targeted stock issuance (completed at RMB 143.5 million), and board changes including director resignations and elections.