Jiangxi Black Cat Carbon Black Co., Ltd. Class A

Jiangxi Black Cat Carbon Black Co., Ltd. Class A

SSZSE:002068
7.90
CNY
+0.18
(+2.33%)
-0.65EPS
6.46BMarket Cap
Oct 29Next Earn

Total Valuation

CNY

As of March 31, 2026, Jiangxi Black Cat Carbon Black Co., Ltd. Class A carries a market capitalization of 6.46B, placing it among publicly traded companies globally. Its enterprise value stands at 9.91B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap6.46B
Enterprise Value9.91B

Important Dates

Jiangxi Black Cat Carbon Black Co., Ltd. Class A's next confirmed earnings release is scheduled for October 29, 2026.

Earnings Date10/29/2026

Share Statistics

As of March 31, 2026, Jiangxi Black Cat Carbon Black Co., Ltd. Class A has 735.35M shares outstanding.

Shares Outstanding735.35M

Valuation Ratios

These figures are as of March 31, 2026. The price-to-sales ratio is 0.76, and the price-to-book ratio stands at 2.77.

PS Ratio0.76
PB Ratio2.77
P/TBV Ratio3.40

Enterprise Valuation

These figures are as of March 31, 2026. The EV/Sales ratio of 1.17 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 9.91B versus a market cap of 6.46B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.17

Financial Position

As of March 31, 2026, Jiangxi Black Cat Carbon Black Co., Ltd. Class A maintains a current ratio of 0.86, meaning it holds 0.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 156.44, indicating elevated leverage, while an interest coverage ratio of -5.01 demonstrates limited ability to service its debt obligations.

Current Ratio0.86
Quick Ratio0.11
Debt / Equity156.44
Debt / EBITDA-8.19
Interest Coverage-5.01

Financial Efficiency

CNY

Over the twelve months ended March 31, 2026, Jiangxi Black Cat Carbon Black Co., Ltd. Class A posted a negative return on equity (ROE) of -17.40, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -5.54, reflecting losses generated across the asset base. The company generates approximately 1.98M in revenue per employee across its workforce of 4,284.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 8.24 indicates how many times Jiangxi Black Cat Carbon Black Co., Ltd. Class A sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)-17.40
Return on Assets (ROA)-5.54
Revenue Per Employee1.98M
Employee Count4,284.00
Inventory Turnover8.24

Taxes

CNY

Over the twelve months ended March 31, 2026, Jiangxi Black Cat Carbon Black Co., Ltd. Class A recorded an income tax benefit of -3.75M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -476.20M and -461.86M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-3.75M

Stock Price Statistics

CNY

As of the close on October 23, 2026, Jiangxi Black Cat Carbon Black Co., Ltd. Class A's stock has declined approximately 20.04% over the past 52 weeks. The 50-day moving average sits at 8.67, while the 200-day moving average is 9.34.

52-Week Price Change-20.04%
50-Day Moving Average8.67
200-Day Moving Average9.34

Income Statement

CNY

Over the twelve months ended March 31, 2026, Jiangxi Black Cat Carbon Black Co., Ltd. Class A generated 8.46B in revenue and converted that into -461.86M in net income, yielding earnings per share of -0.65. EBITDA reached -470.65M, while operating income came in at -257.74M.

Revenue8.46B
Gross Profit105.56M
Operating Income-257.74M
Pretax Income-476.20M
Net Income-461.86M
EBITDA-470.65M
EBIT-470.65M
Earnings Per Share (EPS)-0.65

Balance Sheet

CNY

As of March 31, 2026, Jiangxi Black Cat Carbon Black Co., Ltd. Class A holds 534.18M in cash and equivalents against 3.86B in total debt, resulting in a net debt position of 2.72B. Total book value stands at 2.33B, with working capital of -662.94M providing operational flexibility.

Cash & Cash Equivalents534.18M
Total Debt3.86B
Net Debt2.72B
Equity (Book Value)2.33B
Book Value Per Share3.17
Working Capital-662.94M

Cash Flow

CNY

These figures cover the twelve months ended March 31, 2026.

Capital Expenditures-252.33M

Margins

Over the twelve months ended March 31, 2026, Jiangxi Black Cat Carbon Black Co., Ltd. Class A posted a gross margin of 1.25, reflecting its pricing power and cost economics. The operating margin of -3.05 and net profit margin of -5.46 provide insight into operational efficiency.

Gross Margin1.25
Operating Margin-3.05
Pretax Margin-5.63
Profit Margin-5.46
EBITDA Margin-5.56

Dividends & Yields

CNY

Over the twelve months ended March 31, 2026, Jiangxi Black Cat Carbon Black Co., Ltd. Class A paid dividends of 0.14 per share. The dividend payout ratio of -21.32 is negative because earnings are negative, so the dividend is being paid out of something other than profits, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Total shareholder yield is negative at -5.81, meaning Jiangxi Black Cat Carbon Black Co., Ltd. Class A raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Dividend Per Share0.14
Payout Ratio-21.32
Shareholder Yield-5.81

Stock Splits

Jiangxi Black Cat Carbon Black Co., Ltd. Class A's most recent stock split took place on January 9, 2015 with a 250:277 split ratio.

Last Split Date1/9/2015
Split Ratio250:277

Scores

As of March 31, 2026, Jiangxi Black Cat Carbon Black Co., Ltd. Class A has an Altman Z-Score of 1.53, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.53