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Hongbaoli Group Corporation Ltd. Class A

Hongbaoli Group Corporation Ltd. Class A

SSZSE:002165
6.27
CNY
+0.07
(+1.13%)
-0.03EPS
4.61BMarket Cap
Hongbaoli Group Corporation Ltd. Class A
SZSE:002165
(Shenzhen Stock Exchange)

Recent

price

6.27

P/E

ratio

- -

div

yld

2.67%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
3.03
3.32
3.17
3.38
3.87
3.38
3.18
3.72
4.24
4
4.34
5.21
3.43
3.6
3.71
3.8
3.91
Revenue per Share
0.2
0.15
0.15
0.07
0.17
0.19
0.22
0.07
0.05
0.15
0.2
0.05
-0.11
0.05
0.08
0.02
-0.03
Basic EPS, GAAP
-0.49
-0.25
-0.02
0.03
0.29
0.02
-0.11
-0.98
-0.35
-0.2
-0.42
0.18
0.6
-0.13
0.14
0.11
- -
Free Cash Flow per Basic Share
0.07
0.06
0.11
0.12
0.1
0.12
0.03
0.12
0.14
0.17
0.19
0.24
0.23
0.18
0.22
0.16
0.17
Dividend per Share
1.3
1.86
1.79
1.79
1.87
1.98
2.59
2.58
2.49
2.6
2.76
2.9
2.77
2.78
2.76
2.75
2.71
Book Value per Share
1.16
1.71
1.63
1.63
1.71
1.62
2.29
2.18
2.1
2.22
2.39
2.6
2.45
2.46
2.45
2.45
2.41
Tangible Book Value per Share
458
511
523
567
550
540
576
584
582
595
601
658
735
735
735
735
752
Basic Weighted Avg Shares
1,387
1,699
1,655
1,916
2,130
1,827
1,834
2,171
2,467
2,383
2,611
3,429
2,519
2,647
2,726
2,791
2,939
Sales/Revenue/Turnover
10.11
6.73
7.4
6.9
7.3
8.48
5.68
3.49
2.9
7.6
9.86
3.9
-1.7
5.98
2.35
2.24
1.64
Operating Margin (%)
22
30
38
53
57
56
57
62
64
67
88
162
172
110
88
95
- -
Depreciation Expense
92
77
78
40
94
103
127
41
29
89
120
30
-78
38
58
17
-26
Net Income, GAAP
19.05
18.78
20.39
23.5
23.14
26.22
21.37
17.42
15.59
12.6
14.49
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
6.61
4.51
4.74
2.07
4.39
5.61
6.91
1.88
1.18
3.75
4.6
0.87
-3.11
1.45
2.15
0.62
-0.89
Profit Margin (%)
244
420
250
225
250
176
454
208
-122
-48
-95
308
327
82
383
91
897
Working Capital
50
50
24
40
20
- -
- -
173
309
619
485
458
535
380
907
849
1,706
LT Debt
613
923
998
994
1,036
1,093
1,589
1,589
1,508
1,575
1,669
2,137
2,034
2,047
2,034
2,028
1,997
Total Equity
12.31
5.71
5.53
2.96
7.31
7.79
7.74
1.92
1.3
3.08
3.55
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
12.62
8.46
6.95
3.84
7.83
8.12
7.91
2.45
2.2
4.72
5.42
- -
- -
- -
- -
- -
- -
Return on Capital (%)
16.61
10.3
8.37
4.08
9.44
9.87
9.65
2.63
1.9
5.82
7.44
1.57
-3.76
1.88
2.87
0.85
-1.3
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,720
1,992
1,624
LT Borrowings
845
1,186
1,702
LT Finance Leases
4
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
735
735
735
Market Capitalization
5,559
7,213
4,610

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,289
2,952
3,066
Cash, Cash Equivalents & STI
1,180
1,454
1,467
Accounts Receivable, Net
568
692
835
Inventories
313
489
502
Total Current Liabilities
2,198
2,601
2,170
Payables & Accruals
- -
- -
- -
ST Debt
1,720
1,992
1,624
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.36%
4.58%
-0.3%
Free Cash Flow
1.44%
-45.42%
-22.75%
Net Income, GAAP
-43.64%
-121%
-70.36%
Sales/Revenue/Turnover
5.38%
3.05%
2.39%
Total Cash Common Dividend
30.18%
2.56%
-29.07%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
597
662
641
826
2,726
2025
654
591
- -
817
2,791
2026
739
792
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.01
0.01
0.02
0.08
2025
0.03
- -
- -
-0.03
0.02
2026
-0.03
0.02
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.1
0.06
0.03
0.22
2025
0.04
0.07
- -
0.03
0.16
2026
0.02
0.06
- -
- -
- -
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Business
Hongbaoli Group Corporation, Ltd. (002165.SZ) engages primarily in the research, development, production, and sale of polyurethane raw materials and propylene oxide derivatives in China. The company manufactures an extensive range of products including monomer polyether polyols, formulated polyols such as rigid foam blended polyols, special polyethers, polyurethane panels, isopropanolamines with a global first-class production base, propylene oxide (PO), dicumyl peroxide (DCP) with new capacity expansions, and dipropylene glycol (DPG); these serve industries including appliances, construction, flexible packaging, transportation, footwear, cables, rubber, medical, and electronics. Founded in 1987 as a small soft foam workshop and listed on the Shenzhen Stock Exchange SME Board in 2007, Hongbaoli maintains its headquarters at No. 29 Shuanggao Road, Gaochun Economic Development Zone, Nanjing, Jiangsu Province, with major production bases in Nanjing and Taixing, positioning it as China's largest producer of rigid foam blended polyols and a leader in isopropanolamine. Recent developments include strategic expansions in the industrial chain from propylene oxide to polyether polyols, alcoholamines, and derivatives like DCP with an annual output of 24,000 tons via new production equipment; the company cancelled a planned acquisition of an 88% stake in Dongguan Xiong Lin New Material Technology Co., Ltd., while continuing to pursue independent innovation, technical collaborations, and a shift from domestic chemical factory to international enterprise. Hongbaoli targets domestic and export markets in Australia, Southeast Asia, and South Africa, emphasizing sustainable development, green products, and core technology mastery through its R&D centers.