Guangdong Fangyuan New Materials Group Co. Ltd. Class A

Guangdong Fangyuan New Materials Group Co. Ltd. Class A

SSSE:688148
5.33
CNY
+0.19
(+3.70%)
-0.08EPS
4.38BMarket Cap
Guangdong Fangyuan New Materials Group Co. Ltd. Class A
SSE:688148
(Shanghai Stock Exchange)

Recent

price

5.33

P/E

ratio

- -

div

yld

1.10%

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.5
5.06
1.02
1.11
1.86
2.3
2.34
4.65
5.69
4.11
4.3
4.63
5.55
Revenue per Share
-0.03
0.03
0.02
0.05
0.06
0.18
0.14
0.15
0.01
-0.89
-0.85
-0.21
-0.07
Basic EPS, GAAP
-0.01
-1.33
-0.84
-1.29
-0.39
-0.75
-0.02
-0.65
-1.27
-1.47
- -
-0.2
- -
Free Cash Flow per Basic Share
0.03
0.18
0.02
0.02
0.03
0.03
0.09
0.06
0.14
0.08
0.09
0.08
0.06
Dividend per Share
0.05
0.17
1.13
1.68
2.61
2.05
2.16
2.59
2.94
2.05
1.1
0.95
1.05
Book Value per Share
0.04
0.17
1.13
1.68
2.61
1.88
2
2.34
2.69
1.62
0.85
0.71
0.81
Tangible Book Value per Share
168
22
95
173
416
414
424
445
516
512
502
492
494
Basic Weighted Avg Shares
84
109
97
192
772
951
993
2,070
2,935
2,102
2,161
2,278
2,746
Sales/Revenue/Turnover
-0.93
4.24
4.5
8.2
9.9
11.66
7.41
4.91
2.5
-6.94
-11.39
0.19
4.08
Operating Margin (%)
4
4
4
7
22
27
32
52
63
108
135
145
- -
Depreciation Expense
-5
1
2
9
25
75
59
67
5
-455
-427
-103
-37
Net Income, GAAP
- -
4.11
20.12
14.89
16.84
16.35
7.64
6.99
4.97
- -
- -
- -
- -
Effective Tax Rate (%)
-5.42
0.59
1.96
4.52
3.23
7.84
5.98
3.22
0.18
-21.66
-19.75
-4.53
-1.33
Profit Margin (%)
-33
-11
120
66
269
576
471
703
1,171
461
59
-111
-65
Working Capital
- -
- -
- -
- -
- -
- -
80
293
907
1,156
1,046
888
847
LT Debt
8
28
190
283
500
880
931
1,338
1,517
1,053
567
494
541
Total Equity
- -
0.96
0.85
2.53
3.75
7.81
5.2
3.98
0.79
- -
- -
- -
- -
Return on Invested Capital (%)
- -
1.02
1.18
3.48
5.67
9.39
5.82
5.03
1.21
- -
- -
- -
- -
Return on Capital (%)
- -
3.59
1.74
3.67
6.39
10.83
6.57
5.92
0.36
-35.7
-53.12
-19.72
-6.99
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,007
1,132
1,282
LT Borrowings
845
786
806
LT Finance Leases
43
42
41
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
510
510
510
Market Capitalization
4,474
4,035
4,377

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,549
1,720
1,949
Cash, Cash Equivalents & STI
154
213
362
Accounts Receivable, Net
245
248
220
Inventories
580
594
777
Total Current Liabilities
1,661
1,802
2,013
Payables & Accruals
- -
- -
- -
ST Debt
1,007
1,132
1,282
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
74.52%
-6.52%
-12.89%
Free Cash Flow
1,288.13%
2,511.04%
8,257.36%
Net Income, GAAP
-816.69%
-1,816.6%
-75.81%
Sales/Revenue/Turnover
54.68%
26.03%
5.39%
Total Cash Common Dividend
56.38%
18.68%
-9.45%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
421
619
375
746
2,161
2025
407
492
- -
788
2,278
2026
665
800
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
-0.14
-0.11
-0.63
-0.85
2025
-0.1
-0.2
- -
0.04
-0.21
2026
0.12
-0.03
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.02
0.03
0.02
0.09
2025
0.02
0.02
- -
0.01
0.08
2026
0.01
0.01
- -
- -
- -
Business
Guangdong Fangyuan New Materials Group Co., Ltd. is a China-based advanced materials manufacturer primarily engaged in the research, development, production, and sale of lithium-ion battery cathode material precursors, nickel battery materials, high-purity specialty chemicals, and comprehensive metal resource recycling solutions. Founded in June 2002 and headquartered in Jiangmen, Guangdong Province, China, the company operates through modern manufacturing and hydrometallurgical processing facilities serving domestic and international new energy vehicle, energy storage, and industrial markets. The company's core product and service portfolio is organized into: lithium battery precursor materials, including high-nickel NCA (nickel-cobalt-aluminum) and NCM (nickel-cobalt-manganese) ternary cathode material precursors tailored for automotive power batteries, grid energy storage systems, and 3C consumer electronics; battery-grade lithium and metal salts, comprising battery-grade lithium carbonate, lithium hydroxide, battery-grade manganese sulfate, high-purity crystalline nickel sulfate, and high-purity cobalt sulfate; nickel battery cathode materials, featuring spherical nickel hydroxide and cobalt-coated spherical nickel hydroxide used in nickel-metal hydride (NiMH) batteries; high-purity electronic-grade chemicals, consisting of high-purity copper sulfate solution, cobalt sulfate solution, and boric acid solution for high-end electroplating and electronics manufacturing; and hydrometallurgical closed-loop recycling services, providing full-cycle recovery and refining of spent ternary and lithium iron phosphate batteries, cathode scrap, mixed hydroxide precipitate (MHP), and industrial non-ferrous metal waste into reusable battery-grade precursors. Guangdong Fangyuan supplies prominent domestic and multinational cathode and battery cell manufacturers across China and East Asia, including long-standing supply-chain relationships with Panasonic for high-nickel NCA precursors utilized in electric vehicles, as well as partnerships with domestic cathode and battery leaders such as Brunp Recycling, BTR New Material Group, Mengguli, BASF Shanshan, and Xiamen Xiangyu. In recent corporate developments, the company has completed a major strategic transformation from primary ore refining to a comprehensive closed-loop battery resource recycling model, deploying proprietary separation and hydrometallurgical purification technologies to scale the proportion of recycled scrap utilized in precursor synthesis. Expanding its international business via a light-asset technology licensing model, the company entered into an international technical cooperation and export agreement with a Japanese industrial partner to license its advanced NCMA, NCA, and NCM ternary precursor production technologies and deliver engineering and design services in Japan for an aggregate transaction value of 4.8 billion Japanese yen. In addition, the company has executed technical upgrades across existing production lines to convert and expand capacity toward battery-grade lithium carbonate production, broadened its product portfolio into materials for solid-state batteries and power systems for embodied AI and robotics, and completed a capital reduction in 2026 by canceling approximately 10.5 million repurchased shares to optimize its capital structure.