Shanghai PRET Composites Co. Ltd. Class A

Shanghai PRET Composites Co. Ltd. Class A

SSZSE:002324
8.28
CNY
+0.20
(+2.48%)
0.20EPS
60.29P/E
13.43BMarket Cap
Oct 29Next Earn
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
2.08
2.48
3.38
3.85
4.13
4.45
3.55
4.39
4.82
6.71
8.29
7.56
9.02
9.72
Basic EPS, GAAP
0.24
0.24
0.32
0.34
0.21
0.09
0.16
0.39
0.02
0.2
0.45
0.13
0.33
0.2
Free Cash Flow per Basic Share
-0.12
0.2
0.23
-0.03
-0.29
0.16
0.3
0.3
-0.21
-0.24
-0.13
-0.84
0.3
- -
Dividend per Share
0.04
0.09
0.06
0.06
0.08
0.1
0.13
0.09
0.08
0.25
0.14
0.17
0.15
0.19
Book Value per Share
1.76
1.93
2.24
2.59
2.74
2.79
2.9
2.66
2.57
2.8
3.87
3.87
4.17
4.18
Tangible Book Value per Share
1.64
1.81
1.7
2.01
2.2
2.25
2.36
2.25
2.26
2.01
3.19
3.1
3.4
3.42
Basic Weighted Avg Shares
822
817
825
821
822
824
1,014
1,014
1,011
1,008
1,051
1,099
1,097
1,121
Sales/Revenue/Turnover
1,710
2,026
2,787
3,158
3,397
3,666
3,600
4,448
4,871
6,758
8,709
8,314
9,899
10,894
Operating Margin (%)
12.62
11.42
12.75
14.06
6.26
3.95
7.47
12.83
2.98
5.09
7.46
5.88
5.3
3.5
Depreciation Expense
29
41
65
64
65
80
85
96
100
140
221
278
350
- -
Net Income, GAAP
197
196
260
278
174
72
165
396
24
202
468
141
367
224
Effective Tax Rate (%)
17.31
15.55
17.25
16.5
13.8
9.37
9.14
14.35
39.87
- -
4.7
34.82
8.77
- -
Profit Margin (%)
11.54
9.68
9.34
8.8
5.13
1.97
4.58
8.9
0.49
2.99
5.38
1.7
3.71
2.06
Working Capital
798
890
975
1,052
1,036
921
1,099
1,413
1,493
1,011
1,785
1,122
755
517
LT Debt
- -
3
290
180
72
- -
- -
9
14
845
1,093
882
823
790
Total Equity
1,445
1,582
1,840
2,123
2,256
2,302
2,396
2,737
2,617
3,108
4,641
4,632
4,866
4,917
Return on Invested Capital (%)
10.78
9.73
10.54
9.35
4.24
1.7
4.85
11.12
0.55
- -
6.5
1.07
3.44
- -
Return on Capital (%)
13
11.4
12.94
11.5
6.74
3.87
6.27
12.13
1.32
- -
7.6
3.05
5.21
- -
Return on Common Equity (%)
14.54
12.95
15.22
14.03
7.96
3.18
7.03
15.55
0.9
7.43
13.09
3.27
8.21
4.94

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,892
4,072
4,238
LT Borrowings
628
629
605
LT Finance Leases
195
200
186
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,112
1,112
1,112
Market Capitalization
17,786
16,685
13,426

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,713
7,847
8,158
Cash, Cash Equivalents & STI
1,198
1,074
1,094
Accounts Receivable, Net
2,865
2,693
3,185
Inventories
2,091
2,070
2,299
Total Current Liabilities
6,958
7,115
7,641
Payables & Accruals
- -
- -
- -
ST Debt
3,892
4,072
4,238
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.06%
13.71%
5.05%
Free Cash Flow
113.26%
50.73%
-135.71%
Net Income, GAAP
105.82%
175.85%
160.36%
Sales/Revenue/Turnover
14.22%
18.34%
19.07%
Total Cash Common Dividend
25.95%
33.91%
-15.55%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,947
1,802
1,988
2,576
8,314
2025
1,934
2,156
- -
3,112
9,899
2026
2,541
3,086
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.06
0.06
-0.06
0.13
2025
0.1
0.09
- -
0.04
0.33
2026
0.04
0.03
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.07
0.02
0.06
0.17
2025
0.02
0.07
- -
0.03
0.15
2026
0.02
0.07
- -
- -
- -

Company Description

CEO
Wen Zhou
Full Time Employees
4,171
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
Qingpu Industrial Park Shanghai SH China 201707
IPO Date
Dec 23, 2009
Business
Shanghai Pret Composites Co., Ltd. specializes in the research, development, manufacturing, and distribution of advanced polymer and composite materials across China and globally. The company provides a diverse portfolio of modified plastic compounds, including polyolefin, ABS, polycarbonate alloys, and nylon-based products, which are extensively utilized in automotive components for both interior and exterior applications, as well as in electrical, electronic, and certain military and aerospace sectors. Furthermore, Pret Composites is a significant developer of high-performance Liquid Crystal Polymer (LCP) materials, offering LCP resin, film, and fiber. These specialized materials are critical for emerging technologies such as 5G high-frequency, high-speed communication infrastructure, sophisticated electronic connectors, acoustic wires, and advanced applications in military and aerospace domains, including mobile phones, low-orbit satellites, and AI-driven millimeter-wave radar systems. The company has established a comprehensive LCP industrial chain, from synthesis to mass production, holding independent intellectual property rights. Expanding its technological footprint, the company is also involved in the new energy sector, focusing on lithium-ion, sodium-ion, and solid-state battery technologies and their integration. Founded in 1999, the firm is headquartered in Shanghai, China.