Minmetals New Energy Materials (Hunan) Co., Ltd. Class A

Minmetals New Energy Materials (Hunan) Co., Ltd. Class A

SSSE:688779
6.61
CNY
-0.13
(-1.93%)
0.34EPS
23.92P/E
15.65BMarket Cap
Apr 29Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.17
1.37
2.01
1.47
4.3
9.29
5.17
2.84
4.91
6.95
Basic EPS, GAAP
0.12
0.09
0.15
0.08
0.44
0.77
-0.06
-0.26
0.12
0.34
Free Cash Flow per Basic Share
-0.1
-0.34
-0.08
-0.13
-1
-0.09
-0.26
-0.04
0.06
- -
Dividend per Share
0.01
0.02
0.08
- -
- -
0.11
0.22
0.01
0.02
- -
Book Value per Share
0.62
1.85
2.12
2.19
3.38
4.21
3.91
3.65
3.76
3.92
Tangible Book Value per Share
0.58
1.77
2.04
2.02
3.19
4.02
3.73
3.47
3.59
3.75
Basic Weighted Avg Shares
1,447
1,929
1,375
1,372
1,592
1,934
2,074
1,952
1,900
1,955
Sales/Revenue/Turnover
1,686
2,639
2,766
2,011
6,841
17,975
10,729
5,539
9,340
13,594
Operating Margin (%)
13.69
8.59
8.27
5.7
11.4
9.79
0.16
-2.02
4.77
8.12
Depreciation Expense
24
38
81
116
132
181
264
360
384
- -
Net Income, GAAP
179
181
206
110
701
1,489
-124
-508
228
663
Effective Tax Rate (%)
14.79
8.67
6.94
5.27
9.95
9.81
- -
- -
- -
1.24
Profit Margin (%)
10.63
6.86
7.46
5.46
10.24
8.29
-1.16
-9.16
2.44
4.88
Working Capital
319
1,256
1,401
1,314
3,635
7,407
5,593
4,900
5,414
5,963
LT Debt
- -
- -
- -
- -
- -
3,545
3,066
3,184
3,290
3,361
Total Equity
904
2,676
3,066
3,175
6,523
8,121
7,550
7,043
7,257
7,555
Return on Invested Capital (%)
- -
8.51
7.1
3.35
14.35
16.22
- -
- -
- -
6.06
Return on Capital (%)
- -
9.54
7.2
3.53
14.39
16.45
- -
- -
- -
7.59
Return on Common Equity (%)
- -
10.11
7.18
3.52
14.45
20.34
-1.59
-6.96
3.19
9.12

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
3,290
3,325
3,361
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,929
1,929
1,929
Market Capitalization
14,450
20,083
15,646

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
10,646
11,268
12,402
Cash, Cash Equivalents & STI
2,767
2,006
1,920
Accounts Receivable, Net
4,932
4,919
5,065
Inventories
1,728
3,133
3,738
Total Current Liabilities
5,232
5,773
6,440
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
23.85%
3.04%
Free Cash Flow
- -
120.16%
-240.15%
Net Income, GAAP
- -
141.05%
-144.93%
Sales/Revenue/Turnover
- -
76.59%
68.62%
Total Cash Common Dividend
- -
4,278.75%
39.79%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,088
1,419
1,266
1,766
5,539
2025
1,408
1,496
- -
4,286
9,340
2026
3,010
4,802
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.04
-0.06
-0.17
-0.26
2025
-0.03
0.02
- -
0.13
0.12
2026
0.04
0.15
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
0.02
2026
- -
- -
- -
- -
- -

Company Description

CEO
Zhen Zhang
Full Time Employees
2,313
Sector
Producer manufacturing
Industry
Electrical products
Address
No. 61, Yangao Road Changsha HU China 410205
IPO Date
Aug 11, 2021
Website
cylico.com
Business
Minmetals New Energy Materials (Hunan) Co., Ltd. Minmetals New Energy Materials (Hunan) Co., Ltd. (formerly Hunan Changyuan Lico Co., Ltd.), a subsidiary of China Minmetals Group, engages in the research, development, production, and sales of high-performance battery cathode materials; its core products include multi-material precursors, multi-element ternary cathode materials such as NCM and NCA series, lithium iron phosphate, lithium cobalt oxide, nickel-metal hydride battery cathode materials, and spherical nickel, primarily serving electric vehicles, consumer electronics, energy storage, and other new energy applications. The company operates manufacturing bases in Hunan province, including Lugu, Tongguan, and Hi-Tech Industrial Zone, with expansion plans in Fujian and internationally; it targets domestic Chinese markets and global customers through supply chains with major battery makers like CATL, BYD, and EVE. Founded in 2002 and headquartered at No. 61 Yangao Road, Yuelu District, Changsha, Hunan, China, the company listed on the Shanghai Stock Exchange STAR Market in August 2021 and recently changed its name to align with its parent group's branding. Recent developments include a strategic partnership and joint venture with Axens announced in May 2024 for a cathode active materials plant in northern France, valued at 600 million euros and targeting operations from 2027 with recycling capabilities; plans to increase subsidiary Changyuan New Energy's registered capital by 2.35 billion yuan; and technology advancements such as international-leading high-nickel cathode materials and high-capacity sodium-ion cathode materials validated in August 2025, alongside a passed provincial project for next-generation power ternary cathodes.