Ningbo Solartron Technology Co., Ltd. Class A

Ningbo Solartron Technology Co., Ltd. Class A

SSSE:688299
11.26
CNY
-0.16
(-1.40%)
4.80BMarket Cap
Oct 29Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.95
1.29
2.28
2.4
3.27
4.07
3.72
4.58
4.07
4.47
4.54
3.89
- -
Basic EPS, GAAP
-0.13
0.02
0.16
0.13
0.42
0.64
0.63
0.66
0.4
0.34
-0.1
-0.51
- -
Free Cash Flow per Basic Share
-0.63
-0.23
-0.51
-0.25
0.47
0.45
0.18
-0.06
-1.3
-1.47
-0.39
0.49
- -
Dividend per Share
0.24
0.17
0.21
0.13
0.1
0.08
0.18
0.1
0.11
0.11
0.12
0.06
0.05
Book Value per Share
0.47
1.04
1.17
2.47
2.89
5.71
6.19
6.97
7.23
7.51
7.19
6.79
6.83
Tangible Book Value per Share
-0.27
0.5
0.59
2.04
2.47
5.4
5.7
6.5
6.63
6.94
6.53
6.11
6.19
Basic Weighted Avg Shares
156
194
167
195
212
224
281
283
284
281
294
282
281
Sales/Revenue/Turnover
149
250
380
467
691
910
1,045
1,297
1,153
1,253
1,336
1,094
- -
Operating Margin (%)
1.32
10.63
13.38
13.62
17.14
19.83
19.38
15.81
10.48
8.85
5.99
6.05
- -
Depreciation Expense
18
17
25
29
34
41
45
55
66
83
113
114
- -
Net Income, GAAP
-20
4
27
25
89
143
177
187
113
95
-29
-144
- -
Effective Tax Rate (%)
- -
- -
- -
11.19
12
12.81
13.53
7.65
15.6
17.25
- -
- -
- -
Profit Margin (%)
-13.62
1.55
7.03
5.42
12.86
15.72
16.93
14.4
9.84
7.61
-2.2
-13.12
- -
Working Capital
-48
-77
-269
179
132
957
930
1,000
786
788
574
514
527
LT Debt
292
220
146
278
152
- -
- -
- -
146
495
462
396
376
Total Equity
76
170
190
523
612
1,612
1,750
1,988
2,073
2,181
2,087
1,950
1,964
Return on Invested Capital (%)
- -
0.14
- -
2.65
8.82
9.92
9.37
9.57
4.84
2.96
- -
- -
- -
Return on Capital (%)
- -
0.65
- -
5.78
11.39
11.8
10.32
9.83
5.34
3.99
- -
- -
- -
Return on Common Equity (%)
- -
3.16
14.89
7.11
15.66
12.87
10.53
10
5.59
4.49
-1.38
-7.11
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
246
335
355
LT Borrowings
396
391
376
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
287
287
287
Market Capitalization
4,863
4,774
4,802

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,243
1,297
1,276
Cash, Cash Equivalents & STI
356
394
476
Accounts Receivable, Net
491
477
435
Inventories
216
207
208
Total Current Liabilities
730
758
750
Payables & Accruals
- -
- -
- -
ST Debt
246
335
355
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
38.88%
2.45%
-6.58%
Free Cash Flow
146.68%
352.53%
-219.05%
Net Income, GAAP
112.84%
41.46%
387.75%
Sales/Revenue/Turnover
17.97%
2.04%
-18.13%
Total Cash Common Dividend
5.68%
-14.25%
-50.9%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
314
333
356
333
1,336
2025
267
259
- -
285
1,094
2026
239
208
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.01
-0.17
-0.1
2025
0.05
-0.08
- -
-0.49
-0.51
2026
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.07
0.02
0.02
0.12
2025
0.01
0.02
- -
0.02
0.06
2026
0.01
0.02
- -
- -
- -

Company Description

CEO
Ya Dong Jin
Full Time Employees
801
Sector
Process industries
Industry
Containers/Packaging
Address
No. 999 Qingfeng Road Ningbo ZH China 315000
IPO Date
Nov 6, 2019
Business
Ningbo Solartron Technology Co., Ltd. (688299.SS) researches, develops, produces and sells high-performance polymer functional films principally in China with exports to global markets. The company offers reflective films; backplane base films for solar photovoltaics; optical base films; lithium-ion battery diaphragms or separators; and other specialty films including micro-foam white films, brightness enhancement films, diffusers and temperature-resistant self-release films, with applications in liquid crystal displays, power batteries, energy storage, solar photovoltaics and semiconductors. Founded in 2010 and headquartered at No. 999 Qingfeng Road, Jiangbei District, Ningbo, China, it operates in the specialty chemicals sector serving display, new energy and electronics industries. In 2024, Ningbo Solartron Technology subscribed for a 1.83% stake in Huizhixing, a smartphone optical hardening film maker, for 29.9 million yuan using its own funds to expand into downstream CPI film materials and foster collaboration on CPI and PET functional membranes, while its own CPI base film products advanced to customer validation. The company also signed a battery separator supply contract valid through December 2026 and reported first-quarter 2025 profitability driven by semi-solid CPI membrane contributions, amid ongoing shareholder reductions including by Changyang Yonghui in September 2025.