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    Process industries

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    Chemicals: specialty
Pan Asian Microvent Tech (Jiangsu) Corporation Class A

Pan Asian Microvent Tech (Jiangsu) Corporation Class A

SSSE:688386
37.24
CNY
-0.96
(-2.51%)
0.93EPS
106.75P/E
8.95BMarket Cap
Oct 31Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.14
3.26
3.58
3.87
3.48
4.02
4.53
5.66
7.92
7.67
Basic EPS, GAAP
0.37
0.48
0.64
0.77
0.73
0.35
0.95
1.09
1.19
0.84
Free Cash Flow per Basic Share
-0.15
-0.24
0.22
-0.09
0.32
0.22
0.09
0.19
-1.57
- -
Dividend per Share
0.11
0.21
0.34
0.33
0.42
0.06
0.44
0.44
0.18
0.59
Book Value per Share
4.06
3.78
4.13
6.1
6.44
6.79
7.52
7.97
9.17
15.02
Tangible Book Value per Share
3.74
3.5
3.56
5.74
4.7
5.29
6.1
6.6
5.74
11.74
Basic Weighted Avg Shares
59
64
69
72
91
91
91
91
91
94
Sales/Revenue/Turnover
184
209
245
278
317
364
411
515
723
724
Operating Margin (%)
16.66
19
22.88
25.1
25.1
26.78
23.99
26.87
24.16
20.15
Depreciation Expense
13
16
17
20
25
30
34
35
47
- -
Net Income, GAAP
22
31
44
55
66
31
87
99
109
79
Effective Tax Rate (%)
16.31
11.54
13.45
13.7
12.65
26.43
12.42
13.65
16.04
13.35
Profit Margin (%)
11.78
14.65
17.83
19.9
20.97
8.6
21.08
19.26
15.02
10.97
Working Capital
50
46
26
297
276
224
246
293
244
585
LT Debt
- -
- -
- -
- -
89
80
70
108
355
342
Total Equity
239
258
282
555
616
647
724
774
978
1,643
Return on Invested Capital (%)
- -
10.92
13.42
12.27
10.28
4.02
11.14
12.13
9.49
5.26
Return on Capital (%)
- -
11.31
14.26
12.88
10.38
4.62
10.65
10.57
7.97
5.13
Return on Common Equity (%)
- -
12.34
16.2
13.21
11.64
5.21
13.3
14.07
13.91
7.07

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
298
318
330
LT Borrowings
342
334
334
LT Finance Leases
13
14
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
91
100
100
Market Capitalization
7,972
7,819
8,949

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
810
1,304
1,166
Cash, Cash Equivalents & STI
149
632
472
Accounts Receivable, Net
329
298
318
Inventories
203
198
218
Total Current Liabilities
566
567
581
Payables & Accruals
- -
- -
- -
ST Debt
298
318
330
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
12.24%
26.27%
Free Cash Flow
- -
-294.09%
-950.19%
Net Income, GAAP
- -
33.5%
9.49%
Sales/Revenue/Turnover
- -
21.51%
40.4%
Total Cash Common Dividend
- -
105.32%
-58.62%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
104
122
126
162
515
2025
131
153
- -
222
723
2026
164
185
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.28
0.26
0.36
1.09
2025
0.24
0.33
- -
0.2
1.19
2026
0.19
0.13
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.4
0.01
0.02
0.44
2025
0.01
0.09
- -
0.06
0.18
2026
0.03
0.4
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yun Zhang
Full Time Employees
587
Sector
Process industries
Industry
Chemicals: specialty
Address
No. 8, Qiancao Road, Lijia Town, Wujin District Changzhou JS China 213176
IPO Date
Oct 15, 2020
Website
microvent.com.cn
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Business
Pan Asian Microvent Tech (Jiangsu) Corporation (688386.SS) engages in the research, development, design, production, and sale of expanded polytetrafluoroethylene (ePTFE) micro-permeable membranes, aerogels, and related microporous materials for protective ventilation applications. Founded in 1995 and headquartered in Changzhou, Jiangsu Province, China, the company offers a broad portfolio of products including automotive vent plugs, vent membranes, pressure relief valves, and new energy vehicle battery venting solutions; consumer electronics water pressure resistant sound-permeable membranes and microdrying membrane modules; packaging protection gaskets and chemical packaging ventilation seals; ePTFE cable wrapping materials and electromagnetic shielding films; biomedicine membrane materials; condensation management devices (CMD); SiO2 aerogel products; wiring harnesses; water-retaining membranes; seals; sound absorption and insulation products; gas management products; acoustic membranes for MEMS; OLED desiccator diaphragms; and marine supporting equipment, with operations spanning China and international markets including North America, Europe, and Asia. The company serves major automotive clients such as General Motors, Volkswagen, FAW, and SAIC as a Tier-1 supplier, alongside customers in electronics, packaging, and other industrial sectors. Recent developments include plans announced in 2025 to raise up to CNY 698.5 million through a private share placement for project funding and working capital replenishment; shipment of a cumulative 10 million CMD units by May 2024; new patent grants in 2025 for self-polishing antifouling coatings and power battery pack drain valves; initiation of a proton exchange membrane (PEM) factory project in 2022 for hydrogen fuel cell applications; and startup of MEMS acoustic membrane production in 2021 following its IPO listing on the Shanghai Stock Exchange STAR Market.