Suzhou Shihua New Material Technology Co. Ltd. Class A

Suzhou Shihua New Material Technology Co. Ltd. Class A

SSSE:688093
19.70
CNY
-0.52
(-2.57%)
1.13EPS
32.74P/E
10.35BMarket Cap
Oct 28Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.97
1.4
1.33
1.68
1.78
1.92
2.04
3.04
4.06
3.35
Basic EPS, GAAP
0.38
0.3
0.45
0.66
0.77
0.77
0.77
1.07
1.49
1.13
Free Cash Flow per Basic Share
0.09
0.32
-0.1
0.09
0.17
- -
-0.48
0.07
0.32
- -
Dividend per Share
0.03
0.16
0.11
0.08
0.14
0.09
0.39
0.72
0.57
0.4
Book Value per Share
0.71
1.18
1.53
4.53
5.18
5.87
7.2
7.46
9.95
10.05
Tangible Book Value per Share
0.63
1.05
1.45
4.48
5.12
5.36
6.75
7
9.19
9.21
Basic Weighted Avg Shares
241
183
181
196
239
241
251
261
268
276
Sales/Revenue/Turnover
234
256
241
329
425
462
511
795
1,087
925
Operating Margin (%)
47.44
26.88
37.65
44.92
41.8
41.59
39.28
38.66
43.2
38.64
Depreciation Expense
5
7
8
6
11
18
29
34
50
- -
Net Income, GAAP
93
55
82
129
184
185
193
280
399
311
Effective Tax Rate (%)
14.81
21.04
13.7
14.06
14.33
13.17
14.5
13.1
13.81
13.56
Profit Margin (%)
39.63
21.38
33.85
39.19
43.32
40.1
37.82
35.19
36.71
33.61
Working Capital
55
119
114
601
319
529
743
640
1,340
1,199
LT Debt
- -
- -
29
- -
- -
- -
1
- -
- -
1
Total Equity
128
213
276
1,092
1,248
1,415
1,892
1,959
2,791
2,818
Return on Invested Capital (%)
- -
28.13
29.45
18.29
14.42
13.85
11.64
14.49
16.81
12.81
Return on Capital (%)
- -
29.93
30.2
18.23
15.75
13.92
11.72
14.53
16.8
12.78
Return on Common Equity (%)
- -
32.12
33.38
18.85
15.75
13.92
11.7
14.53
16.8
12.78

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
280
280
280
Market Capitalization
10,332
8,524
10,346

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,504
1,508
1,346
Cash, Cash Equivalents & STI
373
394
432
Accounts Receivable, Net
280
261
190
Inventories
97
88
83
Total Current Liabilities
163
116
147
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
- -
21.48%
42.49%
Free Cash Flow
- -
-6,088.84%
350.22%
Net Income, GAAP
- -
27.02%
42.64%
Sales/Revenue/Turnover
- -
28.15%
36.75%
Total Cash Common Dividend
- -
106.29%
-18.53%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
133
176
258
228
795
2025
256
281
- -
242
1,087
2026
239
163
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.24
0.35
0.32
1.07
2025
0.33
0.41
- -
0.3
1.49
2026
0.3
0.13
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.36
0.72
2025
- -
- -
- -
0.4
0.57
2026
- -
- -
- -
- -
- -

Company Description

CEO
Zheng Qing Gu
Full Time Employees
528
Sector
Electronic technology
Industry
Electronic production equipment
Address
No. 168, Daguang Road Suzhou JS China 215200
IPO Date
Sep 30, 2020
Business
Suzhou Shihua New Material Technology Co., Ltd. (688093.SS) develops and manufactures specialty chemicals and new materials for industrial applications. The company produces high-performance polyurethane products, including thermoplastic polyurethane (TPU) elastomers under the Shihua brand, adhesives, coatings, and functional polymer materials; it also offers customized synthesis services and related chemical intermediates for sectors such as automotive, electronics, footwear, and construction. Headquartered in Suzhou, Jiangsu Province, China, the company was founded in 2005 and primarily serves domestic markets in China with expanding operations in Asia. Its core offerings encompass TPU resins in various grades for extrusion, injection molding, and calendering processes; solvent-based and waterborne adhesives for bonding applications; and advanced coatings for protective and decorative uses, all produced through proprietary polymerization technologies. The company operates manufacturing facilities in Suzhou and maintains research and development centers focused on sustainable materials innovation. It targets manufacturers in consumer goods, new energy, and high-tech industries as primary customers. In recent developments, Suzhou Shihua expanded its production capacity through a new facility commissioning in 2024, enhancing output of bio-based TPU materials amid growing demand for eco-friendly alternatives. The company secured a strategic partnership with a leading automotive supplier in early 2025 for co-developing lightweight composite materials, marking its entry into electric vehicle components. Additionally, it completed a follow-on funding round in late 2024 to support R&D in high-end fluorinated polymers, reflecting a shift toward higher-margin specialty segments.