Zhejiang Jianye Chemical Co., Ltd. Class A

Zhejiang Jianye Chemical Co., Ltd. Class A

SSSE:603948
18.14
CNY
+0.40
(+2.25%)
0.88EPS
24.33P/E
3.47BMarket Cap
Zhejiang Jianye Chemical Co., Ltd. Class A
SSE:603948
(Shanghai Stock Exchange)

Recent

price

18.14

P/E

ratio

24.33

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
13.72
12.89
15.17
15.3
13.99
11.28
17.47
17.48
16.51
14.77
12.7
12.81
Revenue per Share
0.25
0.46
1.39
1.65
1.19
0.82
1.81
2.44
1.98
1.29
1.42
0.88
Basic EPS, GAAP
-0.01
0.37
0.56
1.02
0.68
0.44
0.56
2.06
1.77
1.61
2.31
- -
Free Cash Flow per Basic Share
0.2
0.13
0.11
0.5
0.03
0.26
0.2
0.55
1.94
1
1
- -
Dividend per Share
2.58
3.04
4.46
5.69
6.88
8.8
10.41
12.19
12.42
12.84
13.28
12.82
Book Value per Share
1.99
2.45
3.91
5.16
6.31
8.38
9.68
11.49
11.74
12.18
12.74
12.31
Tangible Book Value per Share
118
120
120
120
120
153
160
160
160
162
162
162
Basic Weighted Avg Shares
1,615
1,550
1,820
1,832
1,676
1,729
2,799
2,796
2,650
2,394
2,057
2,074
Sales/Revenue/Turnover
2.73
4.36
6.2
10.4
8.7
7.13
11.29
15.24
13.68
9.99
12.97
13.12
Operating Margin (%)
- -
44
42
42
44
47
59
74
74
69
77
- -
Depreciation Expense
29
55
167
198
143
126
290
390
318
209
230
142
Net Income, GAAP
15.24
15.89
18.59
12.25
13.2
13.21
11.99
14.18
17.67
17.03
19.85
47.02
Effective Tax Rate (%)
1.82
3.57
9.16
10.78
8.51
7.27
10.36
13.96
11.99
8.73
11.18
6.85
Profit Margin (%)
-93
-64
223
373
485
988
1,123
1,363
1,388
1,503
1,656
1,609
Working Capital
39
- -
- -
- -
- -
1
1
1
1
1
1
1
LT Debt
309
365
535
683
825
1,407
1,665
1,981
2,019
2,086
2,158
2,083
Total Equity
- -
6.18
22.48
23.89
15.77
9.75
18.22
20.67
15.3
9.92
10.57
6.9
Return on Invested Capital (%)
- -
10.15
25.06
26.58
17.45
11.07
18.86
21.39
15.88
10.18
10.83
6.89
Return on Capital (%)
- -
16.42
37.07
32.45
18.91
11.26
18.88
21.41
15.89
10.19
10.84
6.89
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
162
162
162
Market Capitalization
4,267
3,916
3,471

Working Capital

CNY

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
2,129
1,975
2,016
Cash, Cash Equivalents & STI
1,362
1,191
1,250
Accounts Receivable, Net
161
180
170
Inventories
131
127
137
Total Current Liabilities
406
417
407
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.96%
9.19%
3.44%
Free Cash Flow
-604.43%
64.57%
43.32%
Net Income, GAAP
39.07%
24.51%
10%
Sales/Revenue/Turnover
4.16%
6.57%
-14.07%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
562
631
584
617
2,394
2025
511
546
- -
494
2,057
2026
503
591
487
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.36
0.43
0.23
0.26
1.29
2025
0.31
0.42
- -
0.33
1.42
2026
0.33
-0.05
0.26
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
-0.01
1
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -
Business
Zhejiang Jianye Chemical Co., Ltd. is a chemical manufacturing company primarily engaged in the research, development, production, and sales of fine chemical products. Its main products encompass low carbon fatty amines including ethylamine, isopropylamine, n-propylamine, and n-butylamine; plasticizers; acetates such as ethyl acetate, isopropyl acetate, and n-propyl acetate; liquid sulfur dioxide; electronic chemicals; and related chemical intermediates. The company serves multiple industries including agrochemicals, pharmaceuticals, rubber, paints and dyes, surfactants, catalysts, curing agents, new energy materials, food additives, fertilizer retardants, preservatives, solar energy, LEDs, and integrated circuits. Zhejiang Jianye Chemical operates nationally within China and exports its products internationally, including to regions such as Russia, the European Union, the United States, and Southeast Asia. Founded in 1958, Zhejiang Jianye Chemical is headquartered in Jiande, Zhejiang Province, China. It stands as one of the largest and most comprehensive manufacturers of aliphatic amines, plasticizers, and acetates in China. The company’s product capacity includes 60,000 tons per annum of fatty amines, 80,000 tons of plasticizers, and 12,000 tons of acetates, supported by province-grade high-tech research and development centers. Recent major developments include the acquisition of Hangzhou Xinde Environmental Protection Technology Co., Ltd., reflecting strategic expansion into environmental protection technologies. Additionally, the company continues to maintain strong export channels and has reported consistent revenue streams from its chemical product lines despite some year-on-year decreases in net income as per its 2024 and 2025 reports. Zhejiang Jianye Chemical has also been recognized with various industry awards and continues to emphasize innovation, energy conservation, and pollutant reduction in its production processes. It is publicly listed on the Shanghai Stock Exchange under ticker 603948.SS.