China Sanjiang Fine Chemicals Co., Ltd.

China Sanjiang Fine Chemicals Co., Ltd.

3.53
HKD
+0.03
(+0.71%)
3.56BMarket Cap
Mar 26Next Earn
China Sanjiang Fine Chemicals Co., Ltd.
HKEX:2198
(Hong Kong Exchange)

Recent

price

3.53

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
2.07
2.04
2.41
3.99
3.7
5.05
6.75
8.67
9.35
7.78
7.05
8.08
7.5
11.25
16.92
15.96
- -
Revenue per Share
0.35
0.4
0.47
0.61
0.13
-0.15
0.56
0.67
0.39
0.46
0.95
0.32
-0.26
0.08
0.46
0.35
- -
Basic EPS, GAAP
0.15
0.08
0.31
-0.46
-2.11
-1.14
0.98
0.47
0.36
0.77
-0.18
-0.88
-3
-1.11
-0.34
-0.59
- -
Free Cash Flow per Basic Share
0.27
0.13
0.08
0.15
0.19
- -
0.13
0.18
0.22
0.13
0.3
0.35
0.05
- -
- -
- -
- -
Dividend per Share
1.3
1.65
1.92
2.36
2.29
2.14
2.58
2.88
3.03
3.39
3.96
3.92
3.61
3.78
4.24
4.6
4.6
Book Value per Share
1.29
1.57
1.8
1.93
1.87
1.59
2.05
2.41
2.61
2.91
3.86
3.75
3.46
3.74
4.21
4.57
4.57
Tangible Book Value per Share
764
1,018
1,002
987
984
984
985
1,026
1,026
1,182
1,181
1,176
1,176
1,167
1,158
1,157
1,156
Basic Weighted Avg Shares
1,583
2,078
2,410
3,940
3,637
4,966
6,647
8,897
9,586
9,191
8,323
9,499
8,818
13,128
19,586
18,468
- -
Sales/Revenue/Turnover
18.19
17.95
20.33
13.72
4.63
-0.17
10.79
9.65
6.73
8.26
14.93
4.1
-2.47
0.75
5.15
3.88
- -
Operating Margin (%)
72
92
111
169
177
443
622
557
549
598
580
511
545
578
1,090
1,085
- -
Depreciation Expense
266
405
467
605
133
-146
553
691
399
549
1,123
381
-308
91
533
407
- -
Net Income, GAAP
16.41
12.58
16.85
11.81
11.24
- -
13.56
16.23
22.73
12.34
12.78
14.93
- -
- -
2.41
21.61
- -
Effective Tax Rate (%)
16.82
19.49
19.37
15.36
3.65
-2.93
8.31
7.76
4.16
5.97
13.49
4.01
-3.49
0.7
2.72
2.21
- -
Profit Margin (%)
146
365
180
-735
-1,572
-3,092
-3,083
-2,088
-2,372
-1,827
-2,084
-4,022
-5,690
-6,136
-5,966
-6,876
-6,876
Working Capital
48
24
68
512
1,897
1,352
1,081
598
- -
10
1,176
1,960
3,289
3,125
2,449
1,372
1,372
LT Debt
1,335
1,688
1,951
2,467
2,478
2,248
2,729
3,517
3,594
4,056
4,792
4,741
4,326
4,361
4,894
5,297
5,297
Total Equity
15.41
12.24
11.51
8.41
1.86
- -
7.75
11.27
7.03
8.93
12.67
3.1
- -
- -
5.82
3.67
- -
Return on Invested Capital (%)
18.32
16.41
15.49
14.75
3.61
- -
10.37
14.48
10
9.44
13.14
4.96
- -
- -
6.13
4.22
- -
Return on Capital (%)
33.96
27.07
26.05
28.36
5.75
-6.6
23.55
23.05
11.34
14.36
25.67
8.12
-6.87
2.11
11.46
7.97
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
8,548
9,847
10,445
LT Borrowings
2,433
2,031
1,358
LT Finance Leases
15
16
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,158
1,158
1,155
Market Capitalization
1,828
1,828
3,196

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
7,728
8,508
8,348
Cash, Cash Equivalents & STI
598
857
716
Accounts Receivable, Net
171
162
226
Inventories
2,722
2,253
2,965
Total Current Liabilities
13,694
14,423
15,224
Payables & Accruals
- -
- -
- -
ST Debt
8,548
9,847
10,445
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.49%
2.29%
8.24%
Free Cash Flow
32.67%
112.3%
69.9%
Net Income, GAAP
-27.29%
16.39%
-23.53%
Sales/Revenue/Turnover
16.12%
19.86%
-5.71%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
13,128
2024
- -
- -
19,586
2025
- -
- -
18,468

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.08
2024
- -
- -
0.46
2025
- -
- -
0.35

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
Business
China Sanjiang Fine Chemicals Company Limited operates as a leading investment holding entity, primarily engaged in the production and distribution of a comprehensive array of petrochemicals and fine chemical products within the People's Republic of China, with an international reach extending to markets like Japan and Singapore. The company’s extensive product catalog includes key intermediates such as ethylene oxide, which serves as a vital precursor for various ethylene derivatives like ethanolamines and glycol ethers, alongside a broad spectrum of surfactants. They also supply ethylene glycol, essential for other bio-organic chemical manufacturing, and propylene, a fundamental building block for products like polypropylene, acrylonitrile, and propylene oxide. Polypropylene, a significant thermoplastic resin from their portfolio, finds wide application in knitting, injection molding, films, fibers, and piping. Additionally, the company produces methyl tert-butyl ether (MTBE), an important gasoline additive used to enhance octane ratings, and a variety of surfactants applied across numerous industries as wetting agents, emulsifiers, and solubilizers. Beyond these, China Sanjiang Fine Chemicals provides other chemical offerings such as carbon four and crude pentene, along with industrial gases including oxygen, nitrogen, and argon. The company extends its operations beyond manufacturing to encompass a range of specialized services, including processing for polypropylene, MTBE, and surfactants, as well as crucial lease and storage solutions. Furthermore, they offer asset management and supply chain management services, reinforcing their integrated business model. China Sanjiang Fine Chemicals is also involved in the infrastructure sector, undertaking the construction and oversight of a pipe network within the Jiaxing Port Chemical Industrial Park. The company, which significantly expanded its ethylene oxide and ethylene glycol production capacities in the third quarter of 2023, continues to enhance operational efficiency through strategic partnerships, such as a recent agreement in August 2025 to boost energy performance at its 6th phase EO/EG facilities. Recent engagements include new supply agreements in December 2024 for ethylene and water, a port services deal to optimize logistics, and connected transactions through November 2025, demonstrating continuous strategic collaboration and expansion. Established in 2009, the enterprise maintains its headquarters in Jiaxing, within the People's Republic of China.