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Guangzhou Tinci Materials Technology Co., Ltd

Guangzhou Tinci Materials Technology Co., Ltd

SSZSE:002709
27.29
CNY
+1.39
(+5.37%)
104.84BMarket Cap
Oct 30Next Earn
Guangzhou Tinci Materials Technology Co., Ltd
SZSE:002709
(Shenzhen Stock Exchange)

Recent

price

27.29

P/E

ratio

- -

div

yld

1.40%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.31
0.35
0.41
0.44
0.44
0.58
1.05
1.14
1.13
1.49
2.24
5.93
11.68
8.07
6.47
8.68
- -
Revenue per Share
0.03
0.03
0.05
0.06
0.04
0.06
0.23
0.17
0.25
0.01
0.29
1.18
2.99
0.99
0.25
0.71
- -
Basic EPS, GAAP
-0.06
-0.02
0.05
-0.01
-0.03
-0.02
0.04
-0.23
-0.59
-0.16
0.15
0.23
0.25
-0.43
0.06
0.27
- -
Free Cash Flow per Basic Share
0.01
- -
- -
0.01
0.01
0.01
0.01
0.04
0.05
0.05
0.04
0.08
0.27
0.64
0.35
0.15
0.38
Dividend per Share
0.28
0.31
0.36
0.41
0.52
0.67
0.92
1.37
1.53
1.5
1.82
3.73
6.51
6.94
6.83
8.78
9.95
Book Value per Share
0.26
0.29
0.34
0.39
0.5
0.54
0.79
1.19
1.3
1.26
1.58
3.45
6.08
6.2
6.07
8.08
9.26
Tangible Book Value per Share
1,174
1,334
1,340
1,349
1,609
1,641
1,753
1,802
1,847
1,850
1,837
1,871
1,911
1,910
1,936
1,918
1,972
Basic Weighted Avg Shares
365
471
554
596
706
946
1,837
2,057
2,080
2,755
4,119
11,091
22,317
15,405
12,518
16,650
- -
Sales/Revenue/Turnover
12.42
11.65
14.28
13.82
9.67
11.19
24.01
17.94
6.86
8.72
22.82
27.22
30.64
17.22
8.28
11.92
- -
Operating Margin (%)
9
20
25
30
42
57
73
96
136
215
284
410
497
713
955
1,045
- -
Depreciation Expense
39
46
63
81
62
100
396
305
456
16
533
2,208
5,714
1,891
484
1,362
- -
Net Income, GAAP
14.28
13.69
15.24
14.73
12.31
13.55
14.87
15.51
16.06
9,181.02
20.1
14.59
14.95
20.74
26.38
12.63
- -
Effective Tax Rate (%)
10.66
9.79
11.38
13.64
8.72
10.53
21.57
14.81
21.94
0.59
12.94
19.91
25.61
12.27
3.87
8.18
- -
Profit Margin (%)
191
203
165
138
350
357
463
819
403
180
725
3,106
6,651
3,992
4,926
5,564
8,068
Working Capital
38
39
- -
- -
- -
- -
- -
2
48
210
317
311
3,965
4,227
4,482
1,017
901
LT Debt
383
432
495
565
847
1,192
1,634
2,645
2,966
2,971
3,536
7,370
12,838
13,580
13,325
18,036
20,451
Total Equity
9.48
8.84
12.03
10.84
7.68
7.95
26.44
13.21
13.68
-31.03
11.95
35.33
43.92
9.83
2.5
6.89
- -
Return on Invested Capital (%)
10.84
10.03
12.05
13.69
8.07
10.11
27.2
13.65
14.96
-146.28
14.37
33.74
43.41
11.23
3.3
7.57
- -
Return on Capital (%)
12.9
11.65
14.01
15.79
8.82
9.81
28.2
14.63
17.02
0.58
17.26
41.89
58.01
14.6
3.66
8.8
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,903
1,972
2,081
LT Borrowings
987
950
874
LT Finance Leases
30
28
27
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,034
2,039
2,039
Market Capitalization
94,230
93,774
104,843

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13,057
16,269
18,416
Cash, Cash Equivalents & STI
2,403
2,566
2,197
Accounts Receivable, Net
6,880
9,581
10,736
Inventories
1,619
2,282
2,572
Total Current Liabilities
7,493
9,297
10,347
Payables & Accruals
- -
- -
- -
ST Debt
1,903
1,972
2,081
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
35.22%
44.38%
35.36%
Free Cash Flow
-104.01%
11.93%
375.42%
Net Income, GAAP
390.68%
102.66%
181.43%
Sales/Revenue/Turnover
44.31%
50.75%
33%
Total Cash Common Dividend
59.83%
76.36%
-58.28%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,463
2,987
3,413
3,655
12,518
2025
3,489
3,540
- -
5,807
16,650
2026
6,673
8,036
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.06
0.06
0.08
0.25
2025
0.08
0.06
- -
0.49
0.71
2026
0.82
0.59
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.31
0.02
0.02
0.35
2025
0.01
0.11
- -
0.01
0.15
2026
0.09
0.27
- -
- -
- -
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Business
Guangzhou Tinci Materials Technology Co., Ltd. (002709.SZ) manufactures and markets fine chemical new materials, with primary business segments in lithium-ion battery materials, personal care materials, and specialty chemicals. Founded in June 2000 and headquartered in Guangzhou, China, the company offers core products including lithium-ion battery electrolytes and solvents such as ethylene carbonate, propylene carbonate, dimethyl carbonate, lithium hexafluorophosphate (LiPF6), LiFSI, VC, DTD, and lithium difluorophosphate; cathode and precursor materials, cathode and anode binders, and glue products for lithium batteries; personal care ingredients encompassing surfactants, silicone oil, water-soluble polymers like carbomer, cationic conditioning agents such as Polyquaternium-4 and Polyquaternium-10, mild surfactants (CAB/MAB), emulsifiers, moisturizers, and film-forming agents; and specialty chemicals for applications in papermaking, construction, pesticides, oil fields, silicone products, rubber, plastics, printing, and dyeing industries. It operates 15 production bases across China, including the world's largest liquid lithium hexafluorophosphate facility in Jiujiang, Jiangxi Province, and maintains international subsidiaries in the United States, Germany, Morocco, Singapore, and laboratories in South Korea to support global exports and expansion. Recent developments include a memorandum of understanding signed in October 2024 with American Battery Factory for battery chemical material supply and LFP ecosystem development in North America; a supply agreement by subsidiary Ningde Kaixin with CATL announced in November 2025 for approximately 64,600 short tons of solid lithium materials; plans for a Hong Kong IPO in 2025 to fund global expansion; acquisition of a competitor's specialty chemicals division for RMB 1.5 billion in 2021, boosting revenue contributions; sustained global leadership in lithium-ion battery electrolyte sales with a 36.4% market share and over 390,000 tons produced in 2023; and expansion into battery material recycling achieving full-element recovery from lithium iron phosphate batteries. Tinci Materials, a national high-tech enterprise with over 500 authorized patents as of July 2024, serves major international clients including L'Oreal, P&G, and Unilever in personal care, alongside leading battery manufacturers, positioning it as a key player in green chemistry and new energy materials.