Donglai Coating Technology (Shanghai) Co. Ltd. Class A

Donglai Coating Technology (Shanghai) Co. Ltd. Class A

SSSE:688129
20.69
CNY
+0.54
(+2.68%)
0.89EPS
29.44P/E
3.16BMarket Cap
Donglai Coating Technology (Shanghai) Co. Ltd. Class A
SSE:688129
(Shanghai Stock Exchange)

Recent

price

20.69

P/E

ratio

29.44

div

yld

1.14%

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
4.86
5.1
5.19
4.27
4.1
3.3
4.42
5.29
5.93
6.02
Revenue per Share
0.82
0.87
0.91
0.82
0.78
0.18
0.44
0.75
0.9
0.89
Basic EPS, GAAP
-0.05
0.87
0.72
0.92
0.47
0.13
-0.25
0.19
-0.14
- -
Free Cash Flow per Basic Share
0.7
0.14
0.3
- -
0.2
0.27
0.09
0.41
0.26
0.24
Dividend per Share
3.06
2.73
3.36
6.59
7.2
7.03
7.2
7.15
8.19
8.81
Book Value per Share
2.88
2.62
3.24
6.5
7.11
6.94
6.7
6.68
7.73
8.37
Tangible Book Value per Share
90
90
90
96
120
119
117
113
112
113
Basic Weighted Avg Shares
437
458
468
408
494
394
519
598
663
682
Sales/Revenue/Turnover
21.04
20.67
20.64
22.71
20.92
4.89
8.81
17.26
17.67
17.2
Operating Margin (%)
5
7
7
7
9
9
10
11
11
- -
Depreciation Expense
74
78
82
78
94
21
52
85
101
101
Net Income, GAAP
15.94
15.78
14.13
13.47
13.58
12.95
12.15
12.18
12.32
12.13
Effective Tax Rate (%)
16.87
17.06
17.53
19.2
19.03
5.45
9.96
14.18
15.18
14.79
Profit Margin (%)
104
166
226
717
787
690
561
512
748
763
Working Capital
- -
- -
- -
3
4
2
3
4
2
2
LT Debt
183
246
302
791
864
844
868
861
986
1,062
Total Equity
- -
36.36
30.11
14.58
11.39
2.19
4.11
5.94
7
6.48
Return on Invested Capital (%)
- -
36.55
29.92
13.81
11.31
2.51
4.85
6.72
7.61
7.23
Return on Capital (%)
- -
36.4
29.91
14.34
11.36
2.51
6.04
9.8
10.89
10.37
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
522
560
528
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
120
120
120
Market Capitalization
2,437
2,745
3,155

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,445
1,455
1,474
Cash, Cash Equivalents & STI
548
642
784
Accounts Receivable, Net
136
101
137
Inventories
97
111
105
Total Current Liabilities
697
684
710
Payables & Accruals
- -
- -
- -
ST Debt
522
560
528
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
4.71%
14.51%
Free Cash Flow
- -
-147.55%
-173.26%
Net Income, GAAP
- -
33.22%
18.69%
Sales/Revenue/Turnover
- -
11.72%
10.91%
Total Cash Common Dividend
- -
- -
-36.85%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
113
153
173
159
598
2025
125
174
- -
198
663
2026
127
184
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
0.15
0.26
0.18
0.75
2025
0.19
0.21
- -
0.28
0.9
2026
0.2
0.2
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.04
0.23
0.11
0.41
2025
0.03
0.19
- -
0.01
0.26
2026
0.02
0.03
- -
- -
- -
Business
Donglai Coating Technology (Shanghai) Co., Ltd. delivers advanced coating solutions for diverse applications, recognized as China's first automotive paint public company. The firm specializes in high-performance coating products developed through intensive research in new chemical materials, including its Onwings and Onwaves brands. Its portfolio encompasses automotive refinish coatings, original equipment manufacturer (OEM) and interior/exterior automotive part coatings, and comprehensive solutions for 3C (computer, communications, and consumer electronics) applications. The company, established on April 20, 2005, is headquartered in Shanghai, China, and is currently expanding with a new waterborne automotive coating production base.