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Kaili Catalyst & New Materials Co., Ltd. Class A

Kaili Catalyst & New Materials Co., Ltd. Class A

SSSE:688269
24.39
CNY
+0.50
(+2.09%)
0.88EPS
34.91P/E
4.14BMarket Cap
Oct 30Next Earn
Kaili Catalyst & New Materials Co., Ltd. Class A
SSE:688269
(Shanghai Stock Exchange)

Recent

price

24.39

P/E

ratio

34.91

div

yld

3.00%

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
5
3.99
4.06
4.11
5.48
6.56
7.2
10.7
13.88
14.39
13.6
12.93
15.46
19.31
Revenue per Share
0.4
0.25
0.28
0.34
0.39
0.46
0.66
1.07
1.42
1.69
0.86
0.71
0.83
0.91
Basic EPS, GAAP
0.17
-0.05
-0.11
0.25
0.2
0.31
0.73
0.28
-0.05
-0.67
-0.45
-1.81
-0.75
- -
Free Cash Flow per Basic Share
0.31
0.27
0.22
0.2
0.27
0.29
0.3
0.6
0.55
0.74
0.73
0.59
0.62
0.73
Dividend per Share
0.69
1.05
1.15
1.34
1.52
2.53
2.91
3.41
6.44
7.42
7.56
7.75
8.06
8.16
Book Value per Share
0.69
1.05
1.15
1.25
1.42
2.45
2.61
3.01
6.15
7.13
7.27
6.59
6.92
7.03
Tangible Book Value per Share
49
79
84
83
85
93
98
98
114
131
131
130
131
131
Basic Weighted Avg Shares
243
315
340
342
465
610
708
1,052
1,589
1,882
1,785
1,687
2,031
2,524
Sales/Revenue/Turnover
7.05
5.41
7.94
9.24
10.25
8.92
11.13
11.87
10.85
13.16
7.32
6.58
7.49
6.92
Operating Margin (%)
- -
1
2
3
3
4
4
5
6
6
11
24
34
- -
Depreciation Expense
19
20
23
29
33
43
65
105
163
221
113
93
109
119
Net Income, GAAP
8.43
5.59
5.35
10.81
11.83
11.33
12.06
11.78
10.84
11.45
8.6
8.63
9.38
10.5
Effective Tax Rate (%)
8
6.27
6.87
8.34
7.04
7.08
9.22
10.01
10.23
11.75
6.32
5.49
5.37
4.7
Profit Margin (%)
10
24
32
85
78
165
202
219
714
581
417
208
217
241
Working Capital
- -
- -
- -
18
- -
- -
- -
6
50
50
84
115
149
169
LT Debt
58
88
96
113
127
248
285
334
842
970
994
1,052
1,095
1,109
Total Equity
- -
9.14
13.08
13.01
17.24
17.31
20.83
29.77
21.74
19.76
8.91
6.21
6.47
5.79
Return on Invested Capital (%)
- -
15.69
14.84
17.13
20.99
19.48
22.44
31.44
24.96
20.15
9.22
7.01
7.31
6.92
Return on Capital (%)
- -
27.09
25.39
27.28
27.21
23.02
24.53
34.02
27.64
24.41
11.53
9.25
10.55
11.45
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
495
905
949
LT Borrowings
149
164
169
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
131
131
131
Market Capitalization
5,229
4,884
4,145

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,057
1,497
1,487
Cash, Cash Equivalents & STI
215
190
218
Accounts Receivable, Net
188
536
353
Inventories
456
558
637
Total Current Liabilities
840
1,212
1,246
Payables & Accruals
- -
- -
- -
ST Debt
495
905
949
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
33.63%
35.89%
4.07%
Free Cash Flow
120.36%
280.86%
-58.11%
Net Income, GAAP
22.24%
8.24%
17.75%
Sales/Revenue/Turnover
21.15%
15.85%
20.43%
Total Cash Common Dividend
20.08%
9.17%
5.87%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
305
508
331
543
1,687
2025
626
389
- -
596
2,031
2026
755
785
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.27
0.13
0.22
0.71
2025
0.17
0.3
- -
0.2
0.83
2026
0.37
0.04
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.52
0.03
0.03
0.59
2025
0.23
0.33
- -
0.03
0.62
2026
0.03
0.34
- -
- -
- -
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Business
Kaili Catalyst & New Materials Co., Ltd. (688269.SS) engages in the research, development, production, sales, and service of precious metal catalysts, catalytic application technologies, and recycling of spent precious metal catalytic materials in China. The company offers more than 400 products across iridium, ruthenium, rhodium, platinum, and palladium series catalysts, including palladium on carbon (Pd/C), Lindlar catalyst (Pd/CaCO3, Pd/BaSO4), rhodium on activated carbon, ruthenium on alumina (Ru/Al2O3), chloroiridic acid, and non-precious metal catalysts; environmental products such as catalytic combustion catalysts, wet catalytic oxidation catalysts, and mercury-free PVC synthesis catalysts; as well as comprehensive technical services encompassing catalyst design, engineering, industrialization, and waste recovery. These products serve industries including fine chemicals (pharmaceuticals, pesticides, dyes, new chemical materials), basic chemicals, pigments, paints, liquid crystal and electronic materials, petrochemicals, environmental protection, and new energy, with applications in hydrogenation, dehydrogenation, selective hydrogenation, oxidation, nitro reduction, and carbonylation reactions. Kaili Catalyst operates five manufacturing facilities in Shaanxi Province, primarily targeting domestic customers while providing solutions to over 1,000 clients internationally. Founded in 2002 and headquartered at No. 4288 Shanglin Road, High-speed Railway New Town, Economic and Technological Development Zone, Xi'an, Shaanxi, China, the company functions as a holding subsidiary of Shaanxi Rare Metal Science & Engineering Group and listed on the Shanghai Stock Exchange's Science and Technology Innovation Board in 2021, marking it as China's first publicly listed catalysis-focused enterprise. In recent developments, Kaili Catalyst established a new R&D center in Xi'an's High-speed Rail New Town in 2023, contributing to record output exceeding CNY 2 billion; the company maintains its National Local Joint Engineering Research Center status for new precious metal catalysts, approved in 2018, and continues to expand production capabilities following its 2015 New OTC market listing and 2011 factory establishment in Jinwei New Town.