Guangdong Decro Film New Materials Co. Ltd. Class A

Guangdong Decro Film New Materials Co. Ltd. Class A

SSZSE:001378
19.09
CNY
-0.41
(-2.10%)
3.10BMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.23
7.75
8.19
7.84
10.09
9.92
8.89
8.8
8.54
- -
Basic EPS, GAAP
0.34
0.23
0.43
0.69
1.47
1.26
0.88
0.54
0.48
- -
Free Cash Flow per Basic Share
-0.92
- -
-0.4
0.4
1.42
-0.09
-1.9
-0.34
-0.43
- -
Dividend per Share
0.14
0.16
0.12
0.14
0.01
- -
0.01
0.53
0.49
0.49
Book Value per Share
2.38
2.53
3
3.53
4.98
6.24
10.87
10.93
10.79
10.82
Tangible Book Value per Share
2.19
2.34
2.82
3.36
4.82
5.26
10.13
9.68
9.56
9.6
Basic Weighted Avg Shares
131
130
129
130
130
130
137
173
173
173
Sales/Revenue/Turnover
946
1,007
1,058
1,021
1,314
1,289
1,219
1,521
1,478
- -
Operating Margin (%)
6.44
4.3
6.75
10.41
16.97
14.09
10.4
5.73
5.61
- -
Depreciation Expense
31
- -
31
31
31
32
33
53
58
- -
Net Income, GAAP
44
30
56
90
191
164
121
93
83
- -
Effective Tax Rate (%)
8.94
2.57
8.47
11.34
11.83
11.22
10.59
7.93
12.4
- -
Profit Margin (%)
4.68
3.02
5.26
8.83
14.55
12.72
9.96
6.12
5.59
- -
Working Capital
-62
-26
41
135
312
359
1,286
612
420
416
LT Debt
- -
- -
- -
- -
- -
75
311
33
37
118
Total Equity
313
329
390
459
648
811
1,884
1,894
1,871
1,875
Return on Invested Capital (%)
- -
5.76
11.08
17.83
33.36
21.03
7.48
4.53
4.3
- -
Return on Capital (%)
- -
7.41
12.25
19.29
33.47
21.1
7.93
4.86
4.37
- -
Return on Common Equity (%)
- -
9.53
15.49
21.24
34.55
22.47
9.01
4.93
4.39
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
32
31
155
LT Borrowings
37
37
118
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
173
173
173
Market Capitalization
3,144
3,104
3,104

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
842
887
1,007
Cash, Cash Equivalents & STI
284
231
324
Accounts Receivable, Net
52
56
87
Inventories
126
149
181
Total Current Liabilities
422
429
591
Payables & Accruals
- -
- -
- -
ST Debt
32
31
155
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
39.57%
-1.23%
Free Cash Flow
- -
458.94%
26.6%
Net Income, GAAP
- -
7.45%
-11.25%
Sales/Revenue/Turnover
- -
8.67%
-2.83%
Total Cash Common Dividend
- -
1,812.82%
-6.81%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
366
390
377
388
1,521
2025
354
382
- -
373
1,478
2026
415
470
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.15
0.12
0.12
0.54
2025
0.13
0.09
- -
0.13
0.48
2026
0.16
0.19
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.36
- -
0.15
0.53
2025
- -
0.35
- -
0.13
0.49
2026
- -
0.36
- -
- -
- -

Company Description

CEO
Wei Man Luo
Full Time Employees
897
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
Shunfeng Industrial Dist. Foshan GD China 528300
IPO Date
Oct 30, 2023
Business
Guangdong Decro Film New Materials Co., Ltd. (001378.SZ) manufactures and sells advanced biaxially oriented films and functional masterbatches for packaging and industrial applications; its core products include BOPP films such as adhesive-free films, matt films, label films, laser films, holographic films, co-extruded thermal films, wrap-around label films, superb clarity labeling films, printing films, laminating films, shrink films, heat sealable films and anti-fog films; BOPE films; and functional masterbatches encompassing matt masterbatch, pearlescent masterbatch, stiffening masterbatch and melt-blown polypropylene. Founded in 1999 and headquartered in Foshan, China, the company operates three manufacturing plants spanning over 250,000 square meters with seven advanced BOPP production lines, two functional coating lines, 14 twin-screw extruders for masterbatches and seven research laboratories; it serves domestic and international markets in flexible packaging, labeling, lamination, food packaging, anti-falsification, electronics protection and industrial processing through subsidiaries including Guangdong Decro Package Films Co., Ltd. Recent developments include the official commissioning and production startup of the Deguan ZTE Science and Technology Park New Construction Project, enhancing capacity for functional films like glue-free and label films; completion of installation and commissioning for two additional functional film production lines at the ZTE Science Park; a share repurchase program with cumulative repurchases of 880,900 shares representing 0.66% of total share capital; and an equity distribution of 2 yuan per share for the first three quarters of 2024 with registration on December 19, 2024. The company focuses on innovation in lightweight, energy-saving, recyclable and eco-friendly materials, including five light product families for down gauge applications, and maintains recognition as a high-tech enterprise, member of China Plastics Association BOPP Film Committee and holder of China Well-known Trademark status.