Sichuan Meifeng Chemical Industry Group Co Ltd Class A

Sichuan Meifeng Chemical Industry Group Co Ltd Class A

SSZSE:000731
7.22
CNY
+0.03
(+0.42%)
-0.26EPS
2.80BMarket Cap
2013 Y
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
10.11
8.06
6.64
4.01
4.27
4.46
4.95
4.92
6.93
8.38
7.19
8.03
6.69
6.96
Basic EPS, GAAP
0.3
-0.41
0.09
-0.42
0.26
0.37
0.15
0.18
0.96
1.06
0.66
0.48
-0.22
-0.27
Free Cash Flow per Basic Share
-0.75
-0.78
0.11
0.09
0.86
0.69
0.61
0.5
1.03
1.41
0.38
0.59
0.02
- -
Dividend per Share
0.31
0.17
0.17
0.12
0.1
0.16
0.2
0.08
0.03
0.18
0.18
0.29
0.28
0.28
Book Value per Share
4.97
4.5
4.59
4.17
4.43
4.73
4.74
4.86
5.84
6.81
7.27
7.49
7.01
6.92
Tangible Book Value per Share
4.61
4.02
4.12
3.64
3.92
4.23
4.25
4.39
5.49
6.49
6.95
7.18
6.67
6.59
Basic Weighted Avg Shares
571
591
592
591
591
591
591
592
590
586
580
567
556
551
Sales/Revenue/Turnover
5,768
4,769
3,928
2,370
2,528
2,640
2,929
2,912
4,091
4,910
4,174
4,554
3,715
3,837
Operating Margin (%)
2.65
-1.58
3.44
-5.46
11.06
11.87
3.76
4.09
18.79
16.87
9.76
6.47
-2.97
-2.99
Depreciation Expense
124
173
197
192
225
228
217
209
205
202
216
216
220
- -
Net Income, GAAP
170
-245
55
-250
156
220
86
104
569
622
383
272
-122
-148
Effective Tax Rate (%)
16.88
- -
15.17
- -
17.37
9.48
14.21
11.88
11.05
15.12
17.85
16.71
- -
- -
Profit Margin (%)
2.95
-5.13
1.41
-10.56
6.16
8.32
2.95
3.56
13.91
12.67
9.17
5.97
-3.28
-3.85
Working Capital
397
252
89
-95
262
578
612
874
1,560
2,224
2,405
2,541
2,219
2,152
LT Debt
281
442
357
526
488
396
250
261
90
139
227
276
157
80
Total Equity
3,037
2,764
2,827
2,567
2,715
2,895
2,900
2,970
3,606
4,295
4,495
4,518
4,150
4,105
Return on Invested Capital (%)
4.19
- -
1.17
- -
3.59
6.01
2.36
2.95
17.85
17.53
8.89
6
- -
- -
Return on Capital (%)
5.21
- -
2.77
- -
5.31
6.87
3.19
3.67
13.34
12.35
7.76
5.57
- -
- -
Return on Common Equity (%)
6.48
-8.73
2.06
-9.66
6.11
8.1
3.08
3.65
18.08
16.79
9.38
6.5
-3.04
-3.7

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
13
6
19
LT Borrowings
156
134
75
LT Finance Leases
1
5
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
549
549
549
Market Capitalization
3,589
3,968
2,805

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,936
2,694
2,666
Cash, Cash Equivalents & STI
2,269
2,008
1,899
Accounts Receivable, Net
76
95
96
Inventories
406
411
479
Total Current Liabilities
717
503
514
Payables & Accruals
- -
- -
- -
ST Debt
13
6
19
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.33%
7.51%
-8.14%
Free Cash Flow
80.46%
4.63%
-96.53%
Net Income, GAAP
-46.76%
49.12%
-144.86%
Sales/Revenue/Turnover
1.8%
7.23%
-18.43%
Total Cash Common Dividend
55.97%
114.99%
-3.82%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
862
1,118
889
1,686
4,554
2025
911
948
- -
998
3,715
2026
881
1,010
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.16
0.04
0.15
0.48
2025
-0.02
0.04
- -
-0.21
-0.22
2026
-0.06
-0.04
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.17
- -
0.11
0.29
2025
- -
0.17
- -
0.1
0.28
2026
- -
- -
- -
- -
- -

Company Description

CEO
Liang Wang
Full Time Employees
2,451
Sector
Process industries
Industry
Chemicals: specialty
Address
No. 10, Section 1 Deyang SI China 618000
IPO Date
Jun 17, 1997
Website
scmeif.com
Business
Sichuan Meifeng Chemical Industry Co., Ltd. (000731.SZ) manufactures and sells chemical fertilizers and related products primarily in China; its core offerings include urea with annual capacity exceeding 2 million tons, compound fertilizers, automotive urea and nitrogen oxide reducing agents such as diesel vehicle exhaust treatment fluid at 60万吨/年 capacity, melamine at 5万吨/年, nitric acid, ammonium nitrate, food-grade carbon dioxide at 10万吨/年, polymer materials including plastic woven bags, heavy-duty FFS films, PE films, injection-molded trays and plastic containers, as well as liquefied natural gas (LNG) through its energy segment; the company operates across fertilizer, environmental protection, energy, high polymer materials, modern agriculture and fine chemicals industries with production bases in Deyang, Mianyang, Shehong and Langzhong in Sichuan province, targeting domestic agricultural, industrial and energy markets. Founded in 1994 and listed on the Shenzhen Stock Exchange in 1997, Sichuan Meifeng is headquartered at No. 10, Section 1, Yinghua South Road, Deyang, Sichuan Province, China, and became a listed subsidiary of Sinopec Group following a 2002 asset restructuring with Chengdu Huachuan Oil and Natural Gas Exploration and Development Corporation. The company maintains one branch, nine wholly-owned subsidiaries, four holding enterprises and two joint-stock enterprises, including Sichuan Shuangrui Energy Co., Ltd. for LNG and Sichuan Meifeng High Polymer Materials Technology Co., Ltd. as a leading regional packaging firm; it holds distinctions as one of China's Top 100 Listed Companies with Competitiveness, Top 10 Chemical Fertilizer Efficiency Enterprises, Top 500 Chemical Enterprises and Top 100 Sichuan Enterprises. Recent developments encompass the November 2025 announcement of a RMB 90 million self-funded investment by holding subsidiary Sichuan Shuangrui Energy in a Wellhead Scattered Gas Recovery and Utilization Project in Yanjiang District, Ziyang City to expand energy operations; a November 2025 partnership with China Engineering Academy Academician Zhang Fu-suo's team to establish the Sichuan Meifeng Crop Novel Specialized Fertilizer Research Institute for platform building, innovation, agricultural services and talent development; gaining a national agricultural service innovation first prize and recognition as a 2025 Listed Company Board Best Practice Case in November 2025; alongside public solicitation of ideas for industry transformation projects and advancements in modern agriculture via crop-specific fertilizers and rural revitalization integration.