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Shanghai Putailai New Energy Technology Co.,Ltd.

Shanghai Putailai New Energy Technology Co.,Ltd.

603659.SS
Shanghai Putailai New Energy Technology Co.,Ltd.CN flagShanghai Stock Exchange
27.42
CNY
+0.38
- -
58.79BMarket Cap
Shanghai Putailai New Energy Technology Co.,Ltd.
603659.SS
(Shanghai Stock Exchange)

Recent

price

27.42

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
0.62
1.12
1.46
1.88
2.72
2.97
4.51
7.67
7.62
6.33
7.46
6.7
Revenue per Share
- -
- -
0.07
0.24
0.29
0.34
0.37
0.38
0.88
1.54
0.95
0.56
1.12
0.65
Basic EPS, GAAP
- -
- -
-0.05
0.03
-0.16
-0.26
-0.32
-0.03
-0.47
-0.8
-1.42
-0.42
0.56
-0.95
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.11
0.17
0.16
0.16
0.25
0.36
0.27
0.28
0.28
Dividend per Share
- -
- -
0.35
0.58
0.9
1.04
1.29
1.55
2.23
3.86
4.87
5
5.9
5.34
Book Value per Share
- -
- -
0.42
0.63
1.62
1.6
1.89
4.84
5.06
6.58
8.82
8.69
9.85
9.08
Tangible Book Value per Share
- -
- -
1,493
1,496
1,538
1,761
1,762
1,776
1,997
2,016
2,012
2,126
2,106
2,120
Basic Weighted Avg Shares
185
504
923
1,677
2,249
3,311
4,799
5,281
8,996
15,464
15,340
13,448
15,711
14,205
Sales/Revenue/Turnover
8.05
14.04
18.31
21.73
24.93
21.58
18.61
20.9
24.32
24.94
22.46
17.54
21.07
18.71
Operating Margin (%)
4
6
9
13
31
63
115
193
342
541
679
854
992
- -
Depreciation Expense
6
27
99
354
451
594
651
668
1,749
3,104
1,912
1,191
2,359
1,388
Net Income, GAAP
27.36
25.45
16.01
13.94
15.05
10.01
11.67
10.86
12.14
9.45
9.12
8.74
11.68
11.87
Effective Tax Rate (%)
3.23
5.32
10.76
21.09
20.04
17.95
13.57
12.64
19.44
20.08
12.46
8.85
15.02
9.77
Profit Margin (%)
77
119
512
635
2,085
1,802
795
5,061
4,020
6,641
8,278
6,556
6,819
6,011
Working Capital
- -
- -
- -
28
344
507
214
109
1,012
2,943
3,963
4,797
3,506
4,276
LT Debt
156
233
644
997
2,553
3,121
3,645
8,915
10,669
13,969
18,730
19,540
21,782
20,300
Total Equity
- -
24.12
30.07
36.2
24.13
18.21
16.59
12.48
16.39
20.48
12.65
7.34
9.44
7.73
Return on Invested Capital (%)
- -
4.52
17.29
48.66
33.46
25.69
19.51
17.17
31.95
27.15
10.73
5.76
10.1
6.45
Return on Capital (%)
- -
20.26
29.21
50.7
40.01
37.02
31.8
26.57
48.51
50.75
21.75
11.66
20.47
12.81
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
5,794
5,207
6,531
LT Borrowings
4,787
4,860
4,272
LT Finance Leases
10
8
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,137
2,137
2,137
Market Capitalization
33,698
38,929
39,820

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
23,415
23,840
24,819
Cash, Cash Equivalents & STI
8,569
9,481
10,233
Accounts Receivable, Net
3,937
3,628
3,996
Inventories
8,364
8,243
8,226
Total Current Liabilities
16,858
17,297
18,809
Payables & Accruals
- -
- -
- -
ST Debt
5,794
5,207
6,531
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
49.51%
20.1%
11.47%
Free Cash Flow
59.13%
287.18%
-232.13%
Net Income, GAAP
58.9%
52.29%
98.14%
Sales/Revenue/Turnover
36.4%
29.19%
16.83%
Total Cash Common Dividend
329.45%
19.45%
3.79%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,034
3,297
3,509
3,608
13,448
2025
3,215
3,873
4,881
- -
15,711
2026
4,351
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.21
- -
- -
- -
0.56
2025
0.23
- -
- -
- -
1.12
2026
0.33
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
- -
- -
- -
0.27
2025
0.02
- -
- -
- -
0.28
2026
0.03
- -
- -
- -
- -
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Business
Shanghai Putailai New Energy Technology Co., Ltd. (603659.SS) manufactures and supplies key materials, automated equipment, and related services for lithium-ion batteries principally serving the new energy sector; core products encompass anode materials including graphite, silicon-based, and hard carbon variants along with graphitization processing, separator base films, coated separators, aluminum-plastic packaging films, polyvinylidene fluoride (PVDF) and binders, composite current collectors, nano-alumina, boehmite, and micro-nano powders; the company also provides automation equipment such as coating machines, winding, lamination, liquid injection, and formation systems as well as Coating as a Service (CAAS) and pole piece toll processing. Founded in 2012 and headquartered in Shanghai, China, Putailai operates through over 30 subsidiaries including Jiangsu KATOP, Sichuan Zichen, and Ruyuan East Sunshine Fluororesin across facilities in Jiangsu, Sichuan, Inner Mongolia, Guangdong, and other regions, with primary markets among global battery manufacturers for electric vehicles, consumer electronics, and energy storage applications. Recent developments include strategic partnerships signed in June 2024 with Beijing Enpower Energy Technology Co., Ltd. for solid-state battery materials, equipment, and R&D support including silicon-carbon anodes and solid electrolytes, and in July 2024 with Liyang CASOL New Energy Technology Co., Ltd. to advance semi-solid to full solid-state battery technologies encompassing anode materials, composite membranes, and production lines; in the first half of 2025, the company established a Pole Piece Business Unit for full-roll delivery services, achieved a 68% year-over-year sales increase in lithium battery-grade PVDF to 14,607 tons while maintaining leading market share, and advanced new products such as nano-alumina for chip polishing, low-α spherical alumina, and silicon nitride for import substitution.