Inner Mongolia Shuangxin Environment-Friendly Material Co. Ltd Class A

Inner Mongolia Shuangxin Environment-Friendly Material Co. Ltd Class A

SSZSE:001369
11.47
CNY
+0.19
(+1.68%)
0.49EPS
27.62P/E
15.51BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.95
3.65
5.27
5.89
4.4
4.08
4.15
3.64
Basic EPS, GAAP
0.3
0.44
0.91
0.94
0.65
0.61
0.62
0.49
Free Cash Flow per Basic Share
0.24
0.27
0.54
0.69
0.18
0.11
-0.55
- -
Dividend per Share
0.07
0.12
0.13
0.03
- -
- -
0.01
0.17
Book Value per Share
1.82
2.22
3.13
4.08
4.73
5.33
6.04
6.14
Tangible Book Value per Share
1.7
2.1
2.97
3.9
4.54
5.13
5.88
5.89
Basic Weighted Avg Shares
846
868
858
860
859
855
865
1,079
Sales/Revenue/Turnover
3,341
3,166
4,520
5,061
3,783
3,486
3,585
3,928
Operating Margin (%)
12.27
15.03
22.08
18.85
16.1
16.31
16.16
15.04
Depreciation Expense
238
236
243
252
254
266
281
- -
Net Income, GAAP
254
382
781
808
559
521
536
528
Effective Tax Rate (%)
12.1
13.99
13.1
13.41
11.86
11.91
12.03
11.52
Profit Margin (%)
7.59
12.06
17.28
15.97
14.76
14.96
14.96
13.45
Working Capital
-965
-578
160
555
968
1,211
2,722
2,679
LT Debt
- -
243
205
1
- -
100
336
218
Total Equity
1,568
1,909
2,707
3,523
4,081
4,625
7,034
7,141
Return on Invested Capital (%)
- -
11.38
21.58
22.42
14.08
11.85
8.58
- -
Return on Capital (%)
- -
17.4
24.49
23.83
14.48
11.85
8.82
- -
Return on Common Equity (%)
- -
21.97
33.95
26.06
14.74
12.05
9.31
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
67
- -
27
LT Borrowings
336
235
217
LT Finance Leases
- -
2
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,147
1,147
1,147
Market Capitalization
18,937
17,744
15,507

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,828
3,790
3,698
Cash, Cash Equivalents & STI
2,761
2,362
2,200
Accounts Receivable, Net
129
187
279
Inventories
259
293
362
Total Current Liabilities
1,106
1,109
1,019
Payables & Accruals
- -
- -
- -
ST Debt
67
- -
27
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
30.64%
52.08%
Free Cash Flow
- -
-117.16%
-604.19%
Net Income, GAAP
- -
14.67%
2.84%
Sales/Revenue/Turnover
- -
4.9%
2.83%
Total Cash Common Dividend
- -
639.39%
3,365.43%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
888
3,486
2025
888
909
871
917
3,585
2026
995
1,145
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.15
0.61
2025
0.15
0.18
0.14
0.12
0.62
2026
0.11
0.13
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
0.01
0.01
2026
- -
0.15
- -
- -
- -

Company Description

CEO
Yuan You Wu
Full Time Employees
2,556
Sector
Process industries
Industry
Chemicals: specialty
Address
Ordos China
IPO Date
Dec 30, 2025
Business
Inner Mongolia Shuangxin Environment-Friendly Material Co., Ltd. (SZSE: 001369), also known as Shuangxin Material, is a chemical manufacturing enterprise that specializes in the research, development, production, and distribution of polyvinyl alcohol (PVA) and downstream eco-friendly chemical products through a vertically integrated circular economy model. Founded in June 2009 and headquartered in Ordos, Inner Mongolia, China, the company operates as a core subsidiary of Inner Mongolia Shuangxin Energy & Chemical Co., Ltd. The company manufactures and markets a diverse portfolio of chemical and advanced material products, structured systematically into core categories: polyvinyl alcohol (PVA) resins in various polymerization and alcoholysis grades; polyvinyl butyral (PVB) resins and high-performance PVB functional films, including automotive and architectural safety glass interlayers and optical-grade films; high-strength, high-modulus PVA specialty fibers and water-soluble fibers for industrial textiles and construction reinforcement; vinyl acetate monomer (VAC); calcium carbide and acetylene upstream feedstocks; industrial by-products such as cement clinker produced through the comprehensive utilization of calcium carbide slag; and carbonate solvents, including dimethyl carbonate (DMC), ethyl methyl carbonate (EMC), and diethyl carbonate (DEC). Its products serve a broad spectrum of downstream industries, including fine chemicals, green building materials, safety glass, textile sizing, paper manufacturing, adhesives, biodegradable packaging, automotive components, optoelectronic displays, and pharmaceuticals. Inner Mongolia Shuangxin Environment-Friendly Material Co., Ltd. distributes its products across 29 provincial-level administrative regions in mainland China and maintains an extensive international sales network exporting to more than 40 countries and regions throughout Europe, South America, Southeast Asia, South Asia, and the Middle East. In recent corporate developments, the company completed its initial public offering on the Main Board of the Shenzhen Stock Exchange on December 30, 2025, trading under the stock code 001369 and raising approximately RMB 1.967 billion in gross proceeds. Following the listing, the company officially updated its A-share securities abbreviation to Shuangxin Material in March 2026 to reflect its broader advanced materials focus. The company has directed its capital investments toward major capacity and sustainability projects, including the construction of a 16,000-metric-ton annual capacity PVB resin line, a 16,000-metric-ton annual capacity PVB functional film facility, and comprehensive energy-saving technological retrofits across its calcium carbide and PVA manufacturing chains. In addition, the company initiated the Phase II industrial tail gas comprehensive utilization project to establish a 100,000-metric-ton annual capacity electronic-grade DMC production facility paired with a 30,000-metric-ton EMC and DEC unit for lithium-ion battery materials, while establishing an advanced scientific research and development center located in the Ordos High-Tech Industrial Development Zone.