Tianjin Jiuri New Materials Co., Ltd. Class A

Tianjin Jiuri New Materials Co., Ltd. Class A

SSSE:688199
23.00
CNY
-1.55
(-6.31%)
0.40EPS
80.61P/E
5.57BMarket Cap
Oct 30Next Earn
Tianjin Jiuri New Materials Co., Ltd. Class A
SSE:688199
(Shanghai Stock Exchange)

Recent

price

23.00

P/E

ratio

80.61

div

yld

1.02%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
2.64
2.26
3.07
3.98
5.2
5.51
5.49
6.28
8.47
10.27
6.11
7.76
8.74
7.71
9.14
9.15
9.91
Revenue per Share
0.36
0.32
0.38
0.44
0.51
0.48
0.36
0.43
1.48
1.91
0.83
1.03
0.27
-0.6
-0.33
0.17
0.43
Basic EPS, GAAP
0.07
-0.76
-0.64
-0.37
0.17
-0.07
-0.5
-0.19
0.48
0.19
0.13
-2.47
-1.17
-1.05
-1.1
-0.55
- -
Free Cash Flow per Basic Share
0.17
0.09
0.09
0.07
0.22
0.14
0.14
0.08
0.2
1.05
0.7
0.34
0.52
0.2
0.18
0.16
0.24
Dividend per Share
0.4
0.88
1.28
1.7
2.69
3.94
4.76
5.19
6.63
16.09
15.79
16.5
16.43
15.82
15.86
16.11
16.18
Book Value per Share
0.39
0.87
1.27
1.64
1.89
3.34
4.03
4.3
5.62
15.25
14.87
14.94
14.79
14.39
14.5
14.62
14.71
Tangible Book Value per Share
46
74
77
81
88
105
116
118
119
130
166
161
162
160
163
162
163
Basic Weighted Avg Shares
121
167
235
324
458
579
639
740
1,005
1,335
1,011
1,252
1,411
1,235
1,488
1,486
1,614
Sales/Revenue/Turnover
16.21
15.71
14.24
14.55
13.11
10.8
9.14
12.31
24.29
23.92
11.64
14.63
5.04
-5.78
1.07
2.37
5.12
Operating Margin (%)
2
2
4
11
20
30
32
37
46
51
59
68
91
114
143
185
- -
Depreciation Expense
16
24
29
36
45
51
41
51
176
249
137
166
43
-96
-54
28
70
Net Income, GAAP
14.29
12.77
13.1
16.32
15.91
14.55
15.98
17.87
17.47
16.4
17.29
14.83
24.61
- -
- -
59.39
33.41
Effective Tax Rate (%)
13.49
14.23
12.48
11.13
9.8
8.77
6.48
6.84
17.5
18.63
13.52
13.23
3.07
-7.78
-3.61
1.86
4.32
Profit Margin (%)
34
45
12
16
-80
62
84
113
236
1,931
1,630
1,260
966
802
585
575
472
Working Capital
- -
- -
- -
- -
- -
10
8
- -
- -
- -
3
127
304
231
202
235
196
LT Debt
47
104
151
202
328
467
564
615
785
2,668
2,616
2,838
2,827
2,724
2,658
2,721
2,655
Total Equity
- -
22.06
14.69
11.61
9.12
7.03
5.2
6.26
19.21
13.04
4.51
5.27
1.4
- -
- -
0.51
1.93
Return on Invested Capital (%)
- -
24.75
16.03
14.86
12.46
8.41
7.07
7.73
20.69
13.62
4.85
5.49
1.7
- -
- -
1.4
2.6
Return on Capital (%)
- -
31.44
23.04
20.43
17.22
12.93
8.03
8.58
25.13
14.41
5.18
6.19
1.59
-3.6
-2.08
1.07
2.71
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
798
814
808
LT Borrowings
235
203
196
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
161
161
161
Market Capitalization
3,800
3,755
5,567

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,793
1,699
1,693
Cash, Cash Equivalents & STI
854
701
671
Accounts Receivable, Net
272
335
294
Inventories
446
406
470
Total Current Liabilities
1,218
1,158
1,221
Payables & Accruals
- -
- -
- -
ST Debt
798
814
808
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
29.97%
0.87%
2.35%
Free Cash Flow
-183.58%
-399.62%
-49.83%
Net Income, GAAP
-32.21%
-113.97%
-151.38%
Sales/Revenue/Turnover
11.49%
8.88%
-0.15%
Total Cash Common Dividend
49.75%
-16.75%
-11.81%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
357
412
356
364
1,488
2025
356
357
- -
389
1,486
2026
443
424
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
-0.05
-0.07
-0.18
-0.33
2025
-0.07
0.01
- -
0.16
0.17
2026
0.06
0.21
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.05
0.04
0.05
0.18
2025
0.05
0.04
- -
0.04
0.16
2026
0.05
0.11
- -
- -
- -
Business
Tianjin Jiuri New Materials Co., Ltd. is a China-based specialty chemicals manufacturer primarily engaged in the research, development, production, and sale of radiation-curing materials, semiconductor electronic chemicals, and fine chemical intermediates. Founded in 1998 and headquartered in Tianjin, China, the company is one of the world's largest commercial producers of photoinitiators, providing high-performance chemical solutions to global clients in the printing ink, industrial coating, optical adhesive, 3D printing, printed circuit board, display panel, and semiconductor manufacturing sectors. The company offers a comprehensive portfolio of specialty chemical products categorized into light-curing materials, semiconductor and microelectronic chemicals, and chemical intermediates. Its Light-Curing Materials segment, marketed primarily under the JRCure and JRMer brand names, includes free-radical and cationic photoinitiators such as alpha-hydroxyketones, acylphosphine oxides, aminoalkylphenones, benzophenones, and thioxanthones; reactive diluent monomers, including mono-, di-, and multi-functional acrylates; specialty oligomers, including epoxy acrylates, polyurethane acrylates, and polyester acrylates; and formulation additives such as ultraviolet absorbers and light stabilizers. Its Semiconductor and Microelectronic Chemicals segment includes positive and negative photoresists for display panels and semiconductor packaging; core photosensitizers, including diazonaphthoquinone-based photoactive compounds; electronic-grade specialty resins; and high-purity process chemicals. Its Chemical Intermediates segment produces pharmaceutical intermediates, agrochemical precursors, and custom organic synthesis compounds. Tianjin Jiuri New Materials Co., Ltd. operates a nationwide manufacturing network through specialized operating subsidiaries, including Shandong Jiuri Chemical Technology Co., Ltd., Changzhou Jiuri New Materials Co., Ltd., Hunan Jiuri New Materials Co., Ltd., Inner Mongolia Jiuri New Materials Co., Ltd., Tianjin Jiuri Semiconductor Materials Co., Ltd., and Dajing Information Technology Co., Ltd., while marketing and distributing products across domestic China and international markets throughout Asia, Europe, and North America. In recent developments, the company has executed a strategic dual-engine growth framework emphasizing both radiation-curing materials and semiconductor electronic chemicals. Tianjin Jiuri New Materials Co., Ltd. has advanced the industrialization and capacity ramp-up of specialized photoactive compounds and microelectronic photoresist raw materials through its subsidiaries Dajing Information and Jiuri Semiconductor, strengthening its position in localized supply chains for integrated circuit and display fabrication. In addition, the company has upgraded and expanded capacity across its core photoinitiator production hubs in Shandong and Inner Mongolia, broadening its green, low-migration, and ultraviolet-LED curing product series to meet tightening international environmental standards and drive an operational turnaround in high-growth downstream applications.