GRIPM Advanced Materials Co. Ltd. Class A

GRIPM Advanced Materials Co. Ltd. Class A

SSSE:688456
54.75
CNY
+1.34
(+2.51%)
0.98EPS
146.39P/E
14.47BMarket Cap
GRIPM Advanced Materials Co. Ltd. Class A
SSE:688456
(Shanghai Stock Exchange)

Recent

price

54.75

P/E

ratio

146.39

div

yld

1.02%

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
26.73
28.86
24.17
23.52
28.76
26.58
25.78
30.99
37.4
44.96
Revenue per Share
0.76
1
0.85
1.79
0.84
0.53
0.53
0.57
0.67
0.95
Basic EPS, GAAP
0.27
0.73
-0.78
-0.32
-0.72
-0.46
-0.84
-0.42
-1.26
- -
Free Cash Flow per Basic Share
0.34
0.33
0.05
0.32
0.2
0.29
0.25
0.26
0.28
0.56
Dividend per Share
5.68
7.52
8.66
10.13
10.53
10.82
11.23
11.65
12.2
12.38
Book Value per Share
5.36
6.82
8.03
9.21
9.9
10.2
10.62
11.04
11.47
11.68
Tangible Book Value per Share
61
62
71
74
97
105
104
104
104
104
Basic Weighted Avg Shares
1,641
1,798
1,712
1,736
2,781
2,781
2,681
3,229
3,904
4,669
Sales/Revenue/Turnover
4.27
3.66
3.61
3.24
2.48
1.91
2.1
2.4
2.52
3.07
Operating Margin (%)
19
19
17
20
25
26
28
35
41
- -
Depreciation Expense
47
62
60
132
81
55
55
59
70
99
Net Income, GAAP
12.24
11.28
7.34
11.04
5.5
5.38
5.58
4.89
6.85
5
Effective Tax Rate (%)
2.84
3.46
3.52
7.61
2.92
1.99
2.06
1.84
1.79
2.12
Profit Margin (%)
298
309
369
449
774
757
704
744
794
838
Working Capital
- -
- -
10
13
11
9
14
23
16
16
LT Debt
463
508
638
746
1,092
1,133
1,178
1,222
1,285
1,327
Total Equity
- -
9.61
8.77
15.38
7.52
4.09
4.59
4.47
4.84
6.39
Return on Invested Capital (%)
- -
12.13
10.18
18.08
8.44
4.81
4.38
4.63
5.2
7.2
Return on Capital (%)
- -
13.97
10.51
19.1
8.84
5.01
4.82
5.01
5.66
7.91
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
228
327
389
LT Borrowings
- -
- -
- -
LT Finance Leases
16
16
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
104
104
104
Market Capitalization
8,054
5,346
14,471

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,616
1,848
2,011
Cash, Cash Equivalents & STI
315
225
423
Accounts Receivable, Net
354
621
658
Inventories
353
439
433
Total Current Liabilities
823
1,032
1,172
Payables & Accruals
- -
- -
- -
ST Debt
228
327
389
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
12.59%
5.18%
Free Cash Flow
- -
79.56%
199.48%
Net Income, GAAP
- -
-9.08%
17.76%
Sales/Revenue/Turnover
- -
19.58%
20.89%
Total Cash Common Dividend
- -
7.31%
8.49%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
661
852
845
871
3,229
2025
796
994
- -
1,055
3,904
2026
1,265
1,355
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.19
0.11
0.18
0.57
2025
0.1
0.25
- -
0.18
0.67
2026
0.29
0.24
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.21
0.02
0.03
0.26
2025
0.02
0.22
- -
0.03
0.28
2026
0.03
0.28
- -
- -
- -
Business
GRIPM Advanced Materials Co., Ltd. (688456.SS) engages in the design, research, development, production, and sales of advanced non-ferrous metal powder materials. The company offers copper-based metal powders including electrolytic copper, atomized copper, copper alloys, infiltration copper, FeCu pre-alloy, fine pre-alloyed powders, fine copper and cobalt, and CuSn diffusion powders; microelectronic interconnect materials such as lead-free tin-based solder powders and ultrafine tin particle powders; 3D printing metal powders; electronic pastes; and other products like spraying and flux-cored wires. Its materials serve applications in powder metallurgy components, superhard tools, microelectronic packaging, friction materials, catalysts, electrical alloys, electrical carbon products, conductive materials, thermal management, and additive manufacturing, targeting industries including automotive, high-speed rail, machinery, aerospace, chemical, and electronics. Founded in 2004 and headquartered in Huairou, Beijing, China, GRIPM operates as a subsidiary of GRINM Group Corporation Ltd. with production facilities in Beijing, Chongqing, Anhui, Shandong, Hefei, the United Kingdom, and Thailand. The company maintains a global footprint across Asia, Europe, and the Americas, supported by subsidiaries such as GRIPM Advanced Materials (Hefei) Co. Ltd., Beijing COMPO Advanced Technology Co. Ltd., GRIPM Research Institute Co. Ltd., GRICY Advanced Materials Co. Ltd., Makin Metal Powders (UK) Ltd., and GRIPM Advanced Materials (Thailand) Co. Ltd. In recent developments, GRIPM announced a significant expansion of its ultrafine tin particle powder production capacity in March 2024 to address surging demand from automotive electronics. The company released a new line of high-purity copper powders in 2023, enhancing its offerings in atomized copper powder applications. It listed on the Shanghai Stock Exchange's STAR Market in 2021, established GRIPM Research Institute Co., Ltd. and GRIPM Advanced Materials (Thailand) Co., Ltd. in 2019, and continues to invest in technology platforms like its national-level Research Institute for Metal Powder Materials Industry and Technology.