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Sunstone Development Co., Ltd.

Sunstone Development Co., Ltd.

603612.SS
Sunstone Development Co., Ltd.CN flagShanghai Stock Exchange
16.79
CNY
-0.56
- -
8.36BMarket Cap
Sunstone Development Co., Ltd.
603612.SS
(Shanghai Stock Exchange)

Recent

price

16.79

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5.44
4.47
7.4
7.01
6.69
7.74
11.38
9.98
13.15
16.13
21.35
42.23
29.66
26.25
35.78
31.23
Revenue per Share
0.51
0.45
0.17
0.6
0.37
0.35
1.9
0.6
0.26
0.59
1.4
1.97
-1.4
0.52
1.51
1.53
Basic EPS, GAAP
-1.36
-1.6
0.42
-0.11
0.03
0.16
-0.31
-0.88
-2.35
-0.9
-4.25
-2.85
0.68
-0.51
0.13
-1.42
Free Cash Flow per Basic Share
0.54
0.3
0.46
0.32
0.44
0.37
0.32
0.71
0.51
0.33
0.5
0.92
1.56
0.48
0.71
0.54
Dividend per Share
1.76
1.92
1.9
2.48
2.66
2.85
4.47
4.17
4.33
4.76
5.14
6.31
3.32
3.59
5.1
4.82
Book Value per Share
4.41
4.28
4.28
5.07
5.23
5.27
8.02
7.54
8.28
10.97
11.22
14.95
13.6
12.18
13.8
13.22
Tangible Book Value per Share
235
253
259
253
254
254
288
336
332
363
443
459
516
524
494
499
Basic Weighted Avg Shares
1,278
1,129
1,919
1,770
1,698
1,965
3,281
3,354
4,372
5,851
9,458
19,401
15,311
13,750
17,693
15,581
Sales/Revenue/Turnover
13.05
14.02
12.98
16.31
9.12
12.55
21.96
10.67
6.23
10.16
12.8
10.18
-2.06
5.37
10.21
9.29
Operating Margin (%)
50
54
122
7
10
159
181
174
266
354
373
483
545
678
813
- -
Depreciation Expense
121
114
44
151
95
89
548
202
86
214
620
905
-723
272
747
764
Net Income, GAAP
19.03
14.96
27.5
17.02
18.36
12.12
18.61
15
14.43
22.41
20.75
19.48
- -
16.39
20.51
16.86
Effective Tax Rate (%)
9.46
10.07
2.29
8.55
5.57
4.52
16.69
6.01
1.98
3.66
6.56
4.67
-4.72
1.98
4.22
4.9
Profit Margin (%)
361
94
82
251
399
53
557
21
991
887
1,878
3,536
3,087
2,042
2,772
2,756
Working Capital
202
375
278
326
640
393
182
629
1,652
746
1,305
1,748
2,953
3,184
4,129
3,870
LT Debt
1,121
1,201
1,218
1,384
1,447
1,456
2,614
2,826
3,074
4,377
5,366
7,311
7,537
6,901
7,382
7,162
Total Equity
- -
7.14
8.22
10.39
4.82
7.89
18.39
7.07
3.99
6.49
10.6
12.24
- -
4.15
9.22
7.41
Return on Invested Capital (%)
- -
11.2
7.41
12.36
7.2
6.11
26.32
8.51
3.46
4.61
8.49
8.04
- -
2.85
5.34
5.64
Return on Capital (%)
- -
25.28
9
27.07
14.54
12.72
54.48
14.99
6.09
13.52
30.99
34.98
-31.34
15.16
33.9
36.85
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
4,978
5,557
5,382
LT Borrowings
3,144
3,959
3,831
LT Finance Leases
41
41
39
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
498
498
498
Market Capitalization
7,171
8,460
9,169

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
9,041
10,370
10,245
Cash, Cash Equivalents & STI
2,180
1,902
1,591
Accounts Receivable, Net
2,342
2,388
2,496
Inventories
2,742
3,852
3,920
Total Current Liabilities
6,999
7,618
7,489
Payables & Accruals
- -
- -
- -
ST Debt
4,978
5,557
5,382
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.99%
12.09%
6.96%
Free Cash Flow
48.1%
3.73%
-124.23%
Net Income, GAAP
62.95%
18.43%
174.09%
Sales/Revenue/Turnover
31.33%
32.84%
28.68%
Total Cash Common Dividend
32.29%
47.6%
40.45%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,106
3,370
3,444
3,831
13,750
2025
3,742
4,564
4,931
- -
17,693
2026
4,723
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.08
- -
- -
- -
0.52
2025
0.49
- -
- -
- -
1.51
2026
0.42
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
- -
- -
- -
0.48
2025
0.16
- -
- -
- -
0.71
2026
0.15
- -
- -
- -
- -
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Business
Sunstone Development Co., Ltd. (603612.SS) engages in the research, development, production, and sales of prebaked carbon anodes for the aluminum industry; lithium battery anode materials; film capacitors; aluminum anode products; and low-carbon services, while also importing petroleum coke and exporting prebaked anodes. The company operates primarily in the non-metallic mineral products and commodity chemicals sectors, serving domestic aluminum producers and international markets, with sales divided between China and exports. Founded in 2003 and headquartered in Linyi, China, with additional facilities in Dezhou, it employs approximately 5,591 people and generates revenue across anode, negative electrode, and capacitor divisions. In recent developments, Sunstone Development completed the acquisition of a 94.98% stake in Foshan City Xin Yuan Electronic Co., Ltd. in March 2023 to bolster its electronic components capabilities, following regulatory approvals including from the China Securities Regulatory Commission. The company signed a joint venture agreement with Huayang New Material Technology Group on October 30, 2025, to establish a carbon material project, expanding its strategic alliances in advanced materials. Additionally, Sunstone announced the closure of its equity buyback program on January 15, 2024, repurchasing 2.7 million shares for CNY 32.54 million, or 0.50% of its outstanding shares.