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Maoming Petro-Chemical Shihua Co., Ltd. Class A

Maoming Petro-Chemical Shihua Co., Ltd. Class A

SSZSE:000637
3.86
CNY
-0.15
(-3.74%)
1.82BMarket Cap
Maoming Petro-Chemical Shihua Co., Ltd. Class A
SZSE:000637
(Shenzhen Stock Exchange)

Recent

price

3.86

P/E

ratio

- -

div

yld

1.10%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
6.82
5.6
7.19
6.05
7.76
5.83
5.78
8.43
8.12
8.05
8.24
10.87
11.69
8.89
7.21
5.92
- -
Revenue per Share
0.16
0.01
0.07
0.09
0.14
0.17
0.12
0.19
0.07
0.17
0.03
0.16
-0.25
-0.25
-0.16
-0.27
- -
Basic EPS, GAAP
0.18
-0.26
-0.18
-0.18
0.25
0.26
0.46
0.16
0.14
-0.35
-1.03
-0.45
0.51
0.23
-0.51
-0.27
- -
Free Cash Flow per Basic Share
0.01
0.14
0.01
0.06
0.1
0.11
0.15
0.1
0.15
0.06
0.15
0.05
0.09
0.18
0.06
0.06
0.04
Dividend per Share
1.58
1.39
1.46
1.5
1.57
1.65
1.64
1.73
1.7
1.81
1.75
1.99
1.7
1.4
1.24
0.97
0.91
Book Value per Share
1.56
1.38
1.4
1.44
1.51
1.6
1.59
1.68
1.65
1.7
1.64
1.84
0.93
0.74
0.58
0.33
0.33
Tangible Book Value per Share
526
739
492
536
517
526
512
523
532
534
485
513
518
511
521
525
531
Basic Weighted Avg Shares
3,589
4,139
3,538
3,245
4,015
3,067
2,960
4,408
4,320
4,298
3,998
5,572
6,059
4,548
3,755
3,108
- -
Sales/Revenue/Turnover
3.5
0.74
1.59
3.01
4.18
6.35
4.44
2.92
1.77
2.26
1.87
2.49
0.13
-1.01
-3.19
-4.33
- -
Operating Margin (%)
39
32
40
50
50
58
55
57
61
67
69
99
239
258
130
124
- -
Depreciation Expense
84
7
34
48
72
89
61
99
37
91
15
82
-130
-128
-83
-142
- -
Net Income, GAAP
17.79
56.57
19.45
24.99
22.99
19.64
27.1
19.44
19.75
20.1
- -
28.93
- -
- -
- -
- -
- -
Effective Tax Rate (%)
2.35
0.18
0.97
1.49
1.8
2.92
2.07
2.25
0.86
2.11
0.36
1.47
-2.14
-2.81
-2.22
-4.56
- -
Profit Margin (%)
581
415
363
394
405
485
475
521
491
523
11
150
-532
-628
-460
-381
-337
Working Capital
- -
- -
- -
- -
- -
- -
30
30
44
44
125
521
410
260
263
354
340
LT Debt
820
723
821
855
895
945
942
990
973
1,034
985
1,165
1,034
874
758
599
563
Total Equity
12.22
1.11
5.45
8.1
12.09
13.12
6.52
11.13
4.03
9.93
- -
4.01
- -
- -
- -
- -
- -
Return on Invested Capital (%)
10.77
1.01
4.05
3.47
4.23
4.86
5.01
7.91
3.66
6.06
- -
5.3
- -
- -
- -
- -
- -
Return on Capital (%)
10.77
0.96
4.65
6.28
9.09
10.69
7.17
11.31
4.17
9.94
1.57
8.44
-13.52
-15.88
-12.14
-24.65
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
624
690
688
LT Borrowings
215
182
200
LT Finance Leases
139
143
140
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
520
520
520
Market Capitalization
2,235
2,386
1,820

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
526
595
640
Cash, Cash Equivalents & STI
207
294
268
Accounts Receivable, Net
44
87
60
Inventories
126
118
138
Total Current Liabilities
907
1,003
977
Payables & Accruals
- -
- -
- -
ST Debt
624
690
688
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.81%
-8.54%
-20.96%
Free Cash Flow
-88.19%
-138.92%
-46.48%
Net Income, GAAP
26.75%
47.95%
69.92%
Sales/Revenue/Turnover
2.44%
-2.3%
-17.23%
Total Cash Common Dividend
15.01%
8.4%
0.94%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,194
724
934
902
3,755
2025
788
692
- -
804
3,108
2026
834
943
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.08
-0.1
-0.04
0.06
-0.16
2025
-0.07
-0.09
- -
-0.09
-0.27
2026
-0.05
-0.01
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
-0.01
0.01
0.01
0.06
2025
0.01
0.01
- -
0.01
0.06
2026
0.01
0.02
- -
- -
- -
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Business
Maoming Petro-Chemical Shihua Co., Ltd (000637.SZ) manufactures and sells petrochemical products primarily in the People's Republic of China; its core offerings include polypropylene, liquefied petroleum gas, commercial propane butane mixture, sec-butyl acetate, methyl tert-butyl ether, light white oil, ethanolamine, polymeric grade isobutane, refined propane, industrial hydrogen peroxide (27.5%/50%), carbon nine, dicyclopentadiene (high purity/polyester grade), petroleum resin, naphthalene, heavy tar, solvent oil, and plastic modification products; the company also engages in gasoline and diesel refueling, LPG loading, and chemical product trading, serving sectors such as petrochemicals, food processing, new energy, and cultural tourism with sales across eleven provinces and regions including Guangdong, Guangxi, Hainan, Zhejiang, Jiangsu, Chongqing, Sichuan, Guizhou, Yunnan, Fujian, and Hunan. Founded in 1988 as a joint-stock enterprise with Sinopec Maoming Petrochemical Company and headquartered at No. 162 Guandu Road in Maoming, China, the company listed its A-shares on the Shenzhen Stock Exchange in 1996 as Maoming City's first listed entity. In recent developments, Maoming Petro-Chemical Shihua agreed to acquire a 69% stake in Beijing Xinwoda Marine Technology Co., Ltd from Beijing Xinyu Investment Center (LP), announced a private placement to raise up to CNY 531.8 million through issuing 155,962,606 A-shares at CNY 3.41 per share with participation from Maoming Port Group Co., Ltd to replenish working capital (subject to shareholder and regulatory approvals as of August 2025), and applied for a comprehensive bank credit line of up to CNY 500 million to support ongoing operations amid facility maintenance and raw material challenges impacting chemical segment efficiency in 2025.